SPML Infra Ltd.
•₹ 192.941.07%
2026-08-21
PROS
- Company has delivered good profit growth of 82.7% CAGR over last 5 years
- Promoters have been increasing their shareholding - up 4.9pp over 2 years
- Latest quarter profit grew 86.9% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 7.43x)
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.3
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (91.3% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of 5.4%
- Company has a low return on equity of 5.0% over last 3 years
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4072.00 | 33.77 | 560252.67 | 0.93 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 228.45 | 52.95 | 47632.28 | 0.31 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1388.45 | 20.86 | 23710.91 | 0.79 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.94 | 23.98 | 22875.73 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1274.95 | 36.41 | 21902.06 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 237.05 | 16.99 | 13323.21 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | IRCON | 126.55 | 22.73 | 11902.23 | 1.50 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 8. | TECHNOE | 986.05 | 26.60 | 11467.72 | 0.71 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 9. | KEC | 424.75 | 20.42 | 11306.84 | 1.29 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 280.00 | 71.17 | 10297.97 | 0.71 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 881.00 | 18.10 | 9195.81 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | SPMLINFRA | 190.70 | 18.98 | 1617.97 | 0.00 | 22.68 | 87.14 | 284.28 | 82.34 | 8.93 | 9.45 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 350 | 253 | 252 | 463 | 207 | 189 | 188 | 192 | 156 | 188 | 230 | 291 | 284 | |
| 350 | 251 | 254 | 398 | 195 | 175 | 178 | 178 | 149 | 179 | 205 | 269 | 263 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 4 | 1 | 8 | 1 | 15 | 6 | 4 | 0 | 17 | 11 | 1 | 3 | 1 |
| Interest | 2 | 2 | 3 | 50 | 10 | 3 | 1 | 1 | 9 | 0 | 5 | 2 | 5 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| 1 | 1 | 2 | 18 | 16 | 17 | 13 | 12 | 15 | 19 | 20 | 22 | 23 | |
| Tax % | 14.10% | 20.90% | 42.35% | 1.31% | 19.09% | 16.27% | 17.77% | 4.29% | 18.73% | 20.64% | 0.00% | -31.33% | 0.00% |
| Net Profit | 1 | 1 | 1 | 17 | 13 | 14 | 10 | 12 | 12 | 15 | 20 | 28 | 23 |
| 0 | 0 | 0 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 3 | 4 | 0 | |
| Equity Capital | 11 | 11 | 11 | 11 | 13 | 13 | 15 | 15 | 15 | 15 | 16 | 17 | 18 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 11 | 11 | 11 | 11 | 13 | 13 | 15 | 15 | 15 | 15 | 16 | 17 | 18 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 350
- 350
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- 14.10%
- Net Profit
- 1
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 253
- 251
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- 20.90%
- Net Profit
- 1
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 252
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 3
- Depreciation
- 1
- 2
- Tax %
- 42.35%
- Net Profit
- 1
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 463
- 398
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 50
- Depreciation
- 0
- 18
- Tax %
- 1.31%
- Net Profit
- 17
- 4
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 207
- 195
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 10
- Depreciation
- 0
- 16
- Tax %
- 19.09%
- Net Profit
- 13
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 189
- 175
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 3
- Depreciation
- 0
- 17
- Tax %
- 16.27%
- Net Profit
- 14
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 188
- 178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 0
- 13
- Tax %
- 17.77%
- Net Profit
- 10
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 192
- 178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 12
- Tax %
- 4.29%
- Net Profit
- 12
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 156
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 9
- Depreciation
- 0
- 15
- Tax %
- 18.73%
- Net Profit
- 12
- 2
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 188
- 179
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 0
- Depreciation
- 0
- 19
- Tax %
- 20.64%
- Net Profit
- 15
- 2
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 230
- 205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 1
- 20
- Tax %
- 0.00%
- Net Profit
- 20
- 3
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 291
- 269
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 1
- 22
- Tax %
- -31.33%
- Net Profit
- 28
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 284
- 263
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 1
- 23
- Tax %
- 0.00%
- Net Profit
- 23
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,407 | 1,701 | 1,356 | 1,433 | 824 | 615 | 853 | 878 | 1,318 | 771 | 992 | |
| 1,244 | 1,529 | 1,154 | 1,270 | 775 | 591 | 836 | 842 | 1,254 | 725 | 916 | |
| Operating Profit | 216 | 214 | 258 | 224 | 154 | 67 | 34 | 55 | 78 | 98 | — |
| OPM % | 15 | 13 | 19 | 16 | 19 | 11 | 4 | 6 | 6 | 13 | — |
| Other Income | 52 | 42 | 56 | 60 | 105 | 43 | 17 | 19 | 13 | 53 | 17 |
| Interest | 187 | 205 | 196 | 153 | 147 | 68 | 21 | 50 | 57 | 39 | 12 |
| Depreciation | 12 | 10 | 8 | 4 | 6 | 5 | 4 | 3 | 2 | 1 | 3 |
| 17 | -1 | 55 | 67 | 2 | -6 | 9 | 3 | 21 | 58 | 84 | |
| Tax % | 21 | 197 | 22 | 26 | -53 | 94 | -13 | 21 | 6 | 15 | -3 |
| Net Profit | 13 | 1 | 43 | 50 | 2 | -0 | 10 | 2 | 20 | 49 | 87 |
| EPS | 0 | 0 | 0 | 0 | 0 | -29 | 3 | 0 | 4 | 7 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 0 | 12 | 14 | 1 | -0 | 3 | 0 | 4 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 0 | 12 | 14 | 1 | -0 | 3 | 0 | 4 | 7 | — |
Mar 2016
- 1,407
- 1,244
- Operating Profit
- 216
- OPM %
- 15
- Other Income
- 52
- Interest
- 187
- Depreciation
- 12
- 17
- Tax %
- 21
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2017
- 1,701
- 1,529
- Operating Profit
- 214
- OPM %
- 13
- Other Income
- 42
- Interest
- 205
- Depreciation
- 10
- -1
- Tax %
- 197
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 1,356
- 1,154
- Operating Profit
- 258
- OPM %
- 19
- Other Income
- 56
- Interest
- 196
- Depreciation
- 8
- 55
- Tax %
- 22
- Net Profit
- 43
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2019
- 1,433
- 1,270
- Operating Profit
- 224
- OPM %
- 16
- Other Income
- 60
- Interest
- 153
- Depreciation
- 4
- 67
- Tax %
- 26
- Net Profit
- 50
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2020
- 824
- 775
- Operating Profit
- 154
- OPM %
- 19
- Other Income
- 105
- Interest
- 147
- Depreciation
- 6
- 2
- Tax %
- -53
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 615
- 591
- Operating Profit
- 67
- OPM %
- 11
- Other Income
- 43
- Interest
- 68
- Depreciation
- 5
- -6
- Tax %
- 94
- Net Profit
- -0
- EPS
- -29
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2022
- 853
- 836
- Operating Profit
- 34
- OPM %
- 4
- Other Income
- 17
- Interest
- 21
- Depreciation
- 4
- 9
- Tax %
- -13
- Net Profit
- 10
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 878
- 842
- Operating Profit
- 55
- OPM %
- 6
- Other Income
- 19
- Interest
- 50
- Depreciation
- 3
- 3
- Tax %
- 21
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 1,318
- 1,254
- Operating Profit
- 78
- OPM %
- 6
- Other Income
- 13
- Interest
- 57
- Depreciation
- 2
- 21
- Tax %
- 6
- Net Profit
- 20
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 771
- 725
- Operating Profit
- 98
- OPM %
- 13
- Other Income
- 53
- Interest
- 39
- Depreciation
- 1
- 58
- Tax %
- 15
- Net Profit
- 49
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
TTM
- 992
- 916
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 12
- Depreciation
- 3
- 84
- Tax %
- -3
- Net Profit
- 87
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -6%
- 5 Years:
- -1%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 14%
- 5 Years:
- 83%
- 3 Years:
- 70%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- 75%
- 3 Years:
- 74%
- 1 Year:
- -31%
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 4%
- 3 Years:
- 5%
- Last Year:
- 9%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 7 | 7 | 7 | 7 | 7 | 7 | 8 | 9 | 10 | 14 | |
| 470 | 384 | 427 | 371 | 378 | 266 | 289 | 322 | 358 | 752 | |
| 585 | 739 | 552 | 648 | 835 | 1,150 | 1,104 | 1,083 | 5 | 26 | |
| Trade Payables | 701 | 609 | 568 | 658 | 484 | 264 | 303 | 324 | 270 | 381 |
| 454 | 480 | 1,080 | 927 | 884 | 709 | 751 | 776 | 1,083 | 637 | |
| Total Liabilities | 2,217 | 2,218 | 2,636 | 2,611 | 2,588 | 2,396 | 2,454 | 2,514 | 1,726 | 1,811 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 59 | 112 | 106 | 104 | 103 | 97 | 94 | 90 | 4 | 3 | |
| 251 | 199 | 177 | 162 | 128 | 103 | 103 | 99 | 74 | 58 | |
| 40 | 40 | 39 | 55 | 63 | 71 | 90 | 92 | 37 | 50 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 319 | 300 | |
| Cash & Bank | 91 | 109 | 85 | 92 | 33 | 58 | 41 | 21 | 232 | 208 |
| 1,776 | 1,758 | 2,229 | 2,198 | 2,262 | 2,067 | 2,125 | 2,211 | 1,060 | 1,192 | |
| Total Assets | 2,217 | 2,218 | 2,636 | 2,611 | 2,588 | 2,396 | 2,454 | 2,514 | 1,726 | 1,811 |
| Total Debt | 707 | 948 | 1,283 | 1,311 | 1,486 | 1,810 | 1,742 | 1,704 | 558 | 379 |
| Net Working Capital | 58 | -225 | 247 | 112 | 92 | 129 | 138 | 49 | 291 | 436 |
| Contingent Liabilities | 708 | 822 | 630 | 345 | 472 | 463 | 290 | 62 | 40 | 78 |
| Book Value per Share | 130.17 | 106.66 | 118.62 | 103.29 | 105.20 | 74.51 | 75.26 | 72.83 | 75.12 | 107.18 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 707 | 948 | 1,283 | 1,311 | 1,486 | 1,810 | 1,742 | 1,704 | 558 | 379 |
| Net Working Capital | 58 | -225 | 247 | 112 | 92 | 129 | 138 | 49 | 291 | 436 |
| Contingent Liabilities | 708 | 822 | 630 | 345 | 472 | 463 | 290 | 62 | 40 | 78 |
| Book Value per Share | 130.17 | 106.66 | 118.62 | 103.29 | 105.20 | 74.51 | 75.26 | 72.83 | 75.12 | 107.18 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- 7
- 470
- 585
- Trade Payables
- 701
- 454
- Total Liabilities
- 2,217
- 59
- 251
- 40
- 0
- Cash & Bank
- 91
- 1,776
- Total Assets
- 2,217
- Total Debt
- 707
- Net Working Capital
- 58
- Contingent Liabilities
- 708
- Book Value per Share
- 130.17
- Face Value
- 2.00
- Total Debt
- 707
- Net Working Capital
- 58
- Contingent Liabilities
- 708
- Book Value per Share
- 130.17
- Face Value
- 2.00
Mar 2017
- 7
- 384
- 739
- Trade Payables
- 609
- 480
- Total Liabilities
- 2,218
- 112
- 199
- 40
- 0
- Cash & Bank
- 109
- 1,758
- Total Assets
- 2,218
- Total Debt
- 948
- Net Working Capital
- -225
- Contingent Liabilities
- 822
- Book Value per Share
- 106.66
- Face Value
- 2.00
- Total Debt
- 948
- Net Working Capital
- -225
- Contingent Liabilities
- 822
- Book Value per Share
- 106.66
- Face Value
- 2.00
Mar 2018
- 7
- 427
- 552
- Trade Payables
- 568
- 1,080
- Total Liabilities
- 2,636
- 106
- 177
- 39
- 0
- Cash & Bank
- 85
- 2,229
- Total Assets
- 2,636
- Total Debt
- 1,283
- Net Working Capital
- 247
- Contingent Liabilities
- 630
- Book Value per Share
- 118.62
- Face Value
- 2.00
- Total Debt
- 1,283
- Net Working Capital
- 247
- Contingent Liabilities
- 630
- Book Value per Share
- 118.62
- Face Value
- 2.00
Mar 2019
- 7
- 371
- 648
- Trade Payables
- 658
- 927
- Total Liabilities
- 2,611
- 104
- 162
- 55
- 0
- Cash & Bank
- 92
- 2,198
- Total Assets
- 2,611
- Total Debt
- 1,311
- Net Working Capital
- 112
- Contingent Liabilities
- 345
- Book Value per Share
- 103.29
- Face Value
- 2.00
- Total Debt
- 1,311
- Net Working Capital
- 112
- Contingent Liabilities
- 345
- Book Value per Share
- 103.29
- Face Value
- 2.00
Mar 2020
- 7
- 378
- 835
- Trade Payables
- 484
- 884
- Total Liabilities
- 2,588
- 103
- 128
- 63
- 0
- Cash & Bank
- 33
- 2,262
- Total Assets
- 2,588
- Total Debt
- 1,486
- Net Working Capital
- 92
- Contingent Liabilities
- 472
- Book Value per Share
- 105.20
- Face Value
- 2.00
- Total Debt
- 1,486
- Net Working Capital
- 92
- Contingent Liabilities
- 472
- Book Value per Share
- 105.20
- Face Value
- 2.00
Mar 2021
- 7
- 266
- 1,150
- Trade Payables
- 264
- 709
- Total Liabilities
- 2,396
- 97
- 103
- 71
- 0
- Cash & Bank
- 58
- 2,067
- Total Assets
- 2,396
- Total Debt
- 1,810
- Net Working Capital
- 129
- Contingent Liabilities
- 463
- Book Value per Share
- 74.51
- Face Value
- 2.00
- Total Debt
- 1,810
- Net Working Capital
- 129
- Contingent Liabilities
- 463
- Book Value per Share
- 74.51
- Face Value
- 2.00
Mar 2022
- 8
- 289
- 1,104
- Trade Payables
- 303
- 751
- Total Liabilities
- 2,454
- 94
- 103
- 90
- 0
- Cash & Bank
- 41
- 2,125
- Total Assets
- 2,454
- Total Debt
- 1,742
- Net Working Capital
- 138
- Contingent Liabilities
- 290
- Book Value per Share
- 75.26
- Face Value
- 2.00
- Total Debt
- 1,742
- Net Working Capital
- 138
- Contingent Liabilities
- 290
- Book Value per Share
- 75.26
- Face Value
- 2.00
Mar 2023
- 9
- 322
- 1,083
- Trade Payables
- 324
- 776
- Total Liabilities
- 2,514
- 90
- 99
- 92
- 0
- Cash & Bank
- 21
- 2,211
- Total Assets
- 2,514
- Total Debt
- 1,704
- Net Working Capital
- 49
- Contingent Liabilities
- 62
- Book Value per Share
- 72.83
- Face Value
- 2.00
- Total Debt
- 1,704
- Net Working Capital
- 49
- Contingent Liabilities
- 62
- Book Value per Share
- 72.83
- Face Value
- 2.00
Mar 2024
- 10
- 358
- 5
- Trade Payables
- 270
- 1,083
- Total Liabilities
- 1,726
- 4
- 74
- 37
- 319
- Cash & Bank
- 232
- 1,060
- Total Assets
- 1,726
- Total Debt
- 558
- Net Working Capital
- 291
- Contingent Liabilities
- 40
- Book Value per Share
- 75.12
- Face Value
- 2.00
- Total Debt
- 558
- Net Working Capital
- 291
- Contingent Liabilities
- 40
- Book Value per Share
- 75.12
- Face Value
- 2.00
Mar 2025
- 14
- 752
- 26
- Trade Payables
- 381
- 637
- Total Liabilities
- 1,811
- 3
- 58
- 50
- 300
- Cash & Bank
- 208
- 1,192
- Total Assets
- 1,811
- Total Debt
- 379
- Net Working Capital
- 436
- Contingent Liabilities
- 78
- Book Value per Share
- 107.18
- Face Value
- 2.00
- Total Debt
- 379
- Net Working Capital
- 436
- Contingent Liabilities
- 78
- Book Value per Share
- 107.18
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 255 | -183 | 136 | 94 | -133 | -272 | 29 | 73 | 490 | -36 | |
| Cash from Investing | 2 | 111 | 48 | -5 | 78 | 15 | 13 | -24 | -5 | -103 |
| Cash from Financing | -270 | 82 | -199 | -98 | 67 | 276 | -41 | -71 | -307 | 42 |
| -13 | 11 | -14 | -9 | 12 | 19 | 1 | -21 | 179 | -97 | |
| Free Cash Flow | 252 | -246 | 135 | 92 | -137 | -272 | 29 | 73 | 490 | -37 |
| OCF / Net Profit | 19.50 | -126.26 | 3.15 | 1.90 | -55.13 | 664.30 | 2.94 | 34.81 | 25.10 | -0.74 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 96 | -429 | -153 | -214 | 183 | 284 |
| OCF / Net Profit | 19.50 | -126.26 | 3.15 | 1.90 | -55.13 | 664.30 | 2.94 | 34.81 | 25.10 | -0.74 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 96 | -429 | -153 | -214 | 183 | 284 |
Mar 2016
- 255
- Cash from Investing
- 2
- Cash from Financing
- -270
- -13
- Free Cash Flow
- 252
- OCF / Net Profit
- 19.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 19.50
- Cumulative 5-Year FCF
- 0
Mar 2017
- -183
- Cash from Investing
- 111
- Cash from Financing
- 82
- 11
- Free Cash Flow
- -246
- OCF / Net Profit
- -126.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -126.26
- Cumulative 5-Year FCF
- 0
Mar 2018
- 136
- Cash from Investing
- 48
- Cash from Financing
- -199
- -14
- Free Cash Flow
- 135
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- 0
Mar 2019
- 94
- Cash from Investing
- -5
- Cash from Financing
- -98
- -9
- Free Cash Flow
- 92
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 0
Mar 2020
- -133
- Cash from Investing
- 78
- Cash from Financing
- 67
- 12
- Free Cash Flow
- -137
- OCF / Net Profit
- -55.13
- Cumulative 5-Year FCF
- 96
- OCF / Net Profit
- -55.13
- Cumulative 5-Year FCF
- 96
Mar 2021
- -272
- Cash from Investing
- 15
- Cash from Financing
- 276
- 19
- Free Cash Flow
- -272
- OCF / Net Profit
- 664.30
- Cumulative 5-Year FCF
- -429
- OCF / Net Profit
- 664.30
- Cumulative 5-Year FCF
- -429
Mar 2022
- 29
- Cash from Investing
- 13
- Cash from Financing
- -41
- 1
- Free Cash Flow
- 29
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- -153
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- -153
Mar 2023
- 73
- Cash from Investing
- -24
- Cash from Financing
- -71
- -21
- Free Cash Flow
- 73
- OCF / Net Profit
- 34.81
- Cumulative 5-Year FCF
- -214
- OCF / Net Profit
- 34.81
- Cumulative 5-Year FCF
- -214
Mar 2024
- 490
- Cash from Investing
- -5
- Cash from Financing
- -307
- 179
- Free Cash Flow
- 490
- OCF / Net Profit
- 25.10
- Cumulative 5-Year FCF
- 183
- OCF / Net Profit
- 25.10
- Cumulative 5-Year FCF
- 183
Mar 2025
- -36
- Cash from Investing
- -103
- Cash from Financing
- 42
- -97
- Free Cash Flow
- -37
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- 284
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- 284
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 3.56 | 0.39 | 11.76 | 13.54 | 0.66 | -0.11 | 2.53 | 0.46 | 3.98 | 6.89 |
| Book Value (₹) | 130.17 | 106.66 | 118.62 | 103.29 | 105.20 | 74.51 | 75.26 | 72.83 | 75.12 | 107.18 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 6.82 | 3.22 | 13.85 | 14.55 | 2.19 | 1.37 | 3.52 | 1.12 | 4.41 | 7.01 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.32% | 12.60% | 19.04% | 15.60% | 18.65% | 10.96% | 3.95% | 6.32% | 4.91% | 5.88% |
| Net Margin % | 0.93% | 0.08% | 3.18% | 3.46% | 0.29% | -0.07% | 1.17% | 0.24% | 1.48% | 6.39% |
| ROE % | 2.78% | 0.33% | 10.44% | 12.20% | 0.63% | -0.12% | 3.50% | 0.67% | 5.59% | 8.69% |
| ROCE % | 17.93% | 16.16% | 16.39% | 12.90% | 8.32% | 3.14% | 1.44% | 2.54% | 4.97% | 8.59% |
| 0.60% | 0.07% | 1.78% | 1.89% | 0.09% | -0.02% | 0.41% | 0.08% | 0.92% | 2.79% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 155 | 83 | 67 | 85 | 145 | 437 | 481 | 309 | 96 | 146 |
| Inventory Days | 10 | 9 | 11 | 12 | 26 | 40 | 35 | 38 | 18 | 21 |
| Payable Days | 284 | 236 | 336 | 269 | 533 | 804 | 490 | 1953 | 1108 | 1865 |
| -119 | -145 | -258 | -172 | -362 | -327 | 25 | -1606 | -994 | -1698 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.48x | 2.42x | 2.94x | 3.45x | 3.84x | 6.61x | 5.25x | 4.88x | 1.51x | 0.49x |
| Interest Coverage (x) | 1.09x | 0.99x | 1.28x | 1.44x | 1.01x | 0.91x | 1.42x | 1.05x | 1.36x | 2.47x |
| 1.04x | 0.85x | 1.18x | 1.07x | 1.06x | 1.09x | 1.09x | 1.03x | 1.49x | 1.89x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 2.20% | 20.90% | -20.30% | 5.71% | -42.50% | -25.34% | 38.63% | 2.90% | 50.19% | -41.55% |
| Operating Profit Growth % | 6.44% | -0.57% | 20.47% | -13.41% | -31.23% | -56.14% | -49.99% | 64.44% | 40.03% | 26.40% |
| Net Profit Growth % | -5.26% | -88.93% | 2881.98% | 15.08% | -95.13% | -116.94% | 2536.67% | -78.85% | 824.72% | 152.50% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 757.60% | 72.96% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 32.41x | 23.03x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.72x | 1.48x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.34x | 13.30x |
Mar 2016
- EPS (₹)
- 3.56
- Book Value (₹)
- 130.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.82
- Operating Margin %
- 15.32%
- Net Margin %
- 0.93%
- ROE %
- 2.78%
- ROCE %
- 17.93%
- 0.60%
- Debtor Days
- 155
- Inventory Days
- 10
- Payable Days
- 284
- -119
- Debt to Equity (x)
- 1.48x
- Interest Coverage (x)
- 1.09x
- 1.04x
- Revenue Growth %
- 2.20%
- Operating Profit Growth %
- 6.44%
- Net Profit Growth %
- -5.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.39
- Book Value (₹)
- 106.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.22
- Operating Margin %
- 12.60%
- Net Margin %
- 0.08%
- ROE %
- 0.33%
- ROCE %
- 16.16%
- 0.07%
- Debtor Days
- 83
- Inventory Days
- 9
- Payable Days
- 236
- -145
- Debt to Equity (x)
- 2.42x
- Interest Coverage (x)
- 0.99x
- 0.85x
- Revenue Growth %
- 20.90%
- Operating Profit Growth %
- -0.57%
- Net Profit Growth %
- -88.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 11.76
- Book Value (₹)
- 118.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.85
- Operating Margin %
- 19.04%
- Net Margin %
- 3.18%
- ROE %
- 10.44%
- ROCE %
- 16.39%
- 1.78%
- Debtor Days
- 67
- Inventory Days
- 11
- Payable Days
- 336
- -258
- Debt to Equity (x)
- 2.94x
- Interest Coverage (x)
- 1.28x
- 1.18x
- Revenue Growth %
- -20.30%
- Operating Profit Growth %
- 20.47%
- Net Profit Growth %
- 2881.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 13.54
- Book Value (₹)
- 103.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.55
- Operating Margin %
- 15.60%
- Net Margin %
- 3.46%
- ROE %
- 12.20%
- ROCE %
- 12.90%
- 1.89%
- Debtor Days
- 85
- Inventory Days
- 12
- Payable Days
- 269
- -172
- Debt to Equity (x)
- 3.45x
- Interest Coverage (x)
- 1.44x
- 1.07x
- Revenue Growth %
- 5.71%
- Operating Profit Growth %
- -13.41%
- Net Profit Growth %
- 15.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.66
- Book Value (₹)
- 105.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.19
- Operating Margin %
- 18.65%
- Net Margin %
- 0.29%
- ROE %
- 0.63%
- ROCE %
- 8.32%
- 0.09%
- Debtor Days
- 145
- Inventory Days
- 26
- Payable Days
- 533
- -362
- Debt to Equity (x)
- 3.84x
- Interest Coverage (x)
- 1.01x
- 1.06x
- Revenue Growth %
- -42.50%
- Operating Profit Growth %
- -31.23%
- Net Profit Growth %
- -95.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.11
- Book Value (₹)
- 74.51
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.37
- Operating Margin %
- 10.96%
- Net Margin %
- -0.07%
- ROE %
- -0.12%
- ROCE %
- 3.14%
- -0.02%
- Debtor Days
- 437
- Inventory Days
- 40
- Payable Days
- 804
- -327
- Debt to Equity (x)
- 6.61x
- Interest Coverage (x)
- 0.91x
- 1.09x
- Revenue Growth %
- -25.34%
- Operating Profit Growth %
- -56.14%
- Net Profit Growth %
- -116.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.53
- Book Value (₹)
- 75.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.52
- Operating Margin %
- 3.95%
- Net Margin %
- 1.17%
- ROE %
- 3.50%
- ROCE %
- 1.44%
- 0.41%
- Debtor Days
- 481
- Inventory Days
- 35
- Payable Days
- 490
- 25
- Debt to Equity (x)
- 5.25x
- Interest Coverage (x)
- 1.42x
- 1.09x
- Revenue Growth %
- 38.63%
- Operating Profit Growth %
- -49.99%
- Net Profit Growth %
- 2536.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.46
- Book Value (₹)
- 72.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.12
- Operating Margin %
- 6.32%
- Net Margin %
- 0.24%
- ROE %
- 0.67%
- ROCE %
- 2.54%
- 0.08%
- Debtor Days
- 309
- Inventory Days
- 38
- Payable Days
- 1953
- -1606
- Debt to Equity (x)
- 4.88x
- Interest Coverage (x)
- 1.05x
- 1.03x
- Revenue Growth %
- 2.90%
- Operating Profit Growth %
- 64.44%
- Net Profit Growth %
- -78.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.98
- Book Value (₹)
- 75.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.41
- Operating Margin %
- 4.91%
- Net Margin %
- 1.48%
- ROE %
- 5.59%
- ROCE %
- 4.97%
- 0.92%
- Debtor Days
- 96
- Inventory Days
- 18
- Payable Days
- 1108
- -994
- Debt to Equity (x)
- 1.51x
- Interest Coverage (x)
- 1.36x
- 1.49x
- Revenue Growth %
- 50.19%
- Operating Profit Growth %
- 40.03%
- Net Profit Growth %
- 824.72%
- 757.60%
- P/E (x)
- 32.41x
- P/B (x)
- 1.72x
- Dividend Yield %
- 0.00%
- 12.34x
Mar 2025
- EPS (₹)
- 6.89
- Book Value (₹)
- 107.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.01
- Operating Margin %
- 5.88%
- Net Margin %
- 6.39%
- ROE %
- 8.69%
- ROCE %
- 8.59%
- 2.79%
- Debtor Days
- 146
- Inventory Days
- 21
- Payable Days
- 1865
- -1698
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- 2.47x
- 1.89x
- Revenue Growth %
- -41.55%
- Operating Profit Growth %
- 26.40%
- Net Profit Growth %
- 152.50%
- 72.96%
- P/E (x)
- 23.03x
- P/B (x)
- 1.48x
- Dividend Yield %
- 0.00%
- 13.30x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - SPML Infra Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - SPML Infra Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
- Credit Rating- New
2026-07-23 - SPML Infra Limited has informed the Exchange about Credit Rating- New
- Credit Rating- New
2026-07-03 - SPML Infra Limited has informed the Exchange about Credit Rating- New
- Credit Rating- New
2026-06-20 - SPML Infra Limited has informed the Exchange about Credit Rating- New
Concalls
Aug 2026
Jun 2026
Apr 2026