| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 284 | 156 | +82.3% |
| EBITDA | 26.9 | 7.2 | +271.8% |
| EBITDA margin | 9.5% | 4.6% | +4.8 pts |
| Profit before tax | 22.7 | 14.9 | +51.9% |
| Net profit | 22.7 | 12.1 | +87.1% |
| EPS | ₹2.74 | ₹1.69 | +62.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,091 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 63.6 | 63.6 | 129 | 228 | 20.1 | ||
| — | — | — | 3.2 | 6.5 | ||
| 346 | 346 | 369 | 549 | 1,754 | ||
| 1,373 | — | — | — | — | ||
| 992 | 868 | 771 | 1,319 | 883 | ||
| — | +12.7% | −41.6% | +49.3% | — | ||
| 81.1 | 66.0 | 42.7 | 13.3 | 28.8 | ||
| 8.2% | 7.6% | 5.5% | 1.0% | 3.3% | ||
| 78.4 | 63.8 | 41.8 | 10.9 | 25.6 | ||
| 85.2 | 74.7 | 47.9 | −1.6 | 0.3 | ||
| 8.6% | 8.6% | 6.2% | −0.1% | 0.0% | ||
| ₹10.25 | ₹8.98 | ₹5.77 | −₹0.84 | ₹0.05 | ||
| — | +55.8% | +787.8% | −1,883.0% | — | ||
| — | −113 | −84.4 | 624 | 20.0 | ||
| — | −66.4 | −0.6 | −66.8 | −0.5 | ||
| −179 | −179 | −85.0 | 558 | 19.5 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,090.5 | |
| - Cash, Equiv & ST Investments | 20.1 | 228.1 | 129.4 | 63.6 | 63.6 | |
| + Minority Interest | 6.5 | 3.2 | — | — | — | |
| + Total Debt | 1,753.7 | 548.8 | 368.6 | 346.4 | 346.4 | |
| Enterprise Value | — | — | — | — | 1,373.4 | |
| Revenue | 883.1 | 1,319.0 | 770.6 | 868.5 | 992.3 | |
| Growth %, YoY | — | +49.3 | -41.6 | +12.7 | — | |
| EBITDA | 28.8 | 13.3 | 42.7 | 66.0 | 81.1 | |
| Margin % | 3.26 | 1.00 | 5.54 | 7.60 | 8.17 | |
| EBIT | 25.6 | 10.9 | 41.8 | 63.8 | 78.4 | |
| Net Income | 0.3 | -1.6 | 47.9 | 74.7 | 85.2 | |
| Margin % | 0.04 | -0.12 | 6.22 | 8.60 | 8.59 | |
| EPS, Adj (current shares) | 0.05 | -0.84 | 5.77 | 8.98 | 10.25 | |
| Growth %, YoY | — | -1,883.0 | +787.8 | +55.8 | — | |
| Cash from Operations | 20.0 | 624.4 | -84.4 | -112.5 | — | |
| Capital Expenditures | -0.5 | -66.8 | -0.6 | -66.4 | — | |
| Free Cash Flow | 19.5 | 557.6 | -85.0 | -179.0 | -179.0 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
SPML Infra (NSE: SPMLINFRA) had a market capitalisation of ₹1,130 crore at the 30 October 2026 close (₹127.76 a share), a PE ratio of 13.3 on the last four quarters' profit and a price-to-book ratio of 1.19. In FY26 its consolidated net profit was ₹74.7 crore on revenue of ₹868 crore; in Q1 FY27 (April–June 2026) it was ₹22.7 crore, up 87.1% year on year. Its debt-to-equity ratio was 0.37 on 31 March 2026. Promoters held 40.52% of the shares on 30 September 2026.
SPML Infra's PE ratio is 13.3 at the 30 October 2026 close (₹127.76 a share): a market capitalisation of ₹1,130 crore divided by consolidated net profit of ₹85.2 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹74.7 crore) it is 15.1.
SPML Infra's price-to-book (PB) ratio is 1.19 at the 30 October 2026 close: a market capitalisation of ₹1,130 crore divided by shareholders' equity (book value) of ₹948 crore on 31 March 2026. That is a book value of ₹107.17 per share against a share price of ₹127.76.
SPML Infra's net worth — shareholders' equity in its consolidated balance sheet — was ₹948 crore on 31 March 2026, up 23.1% from ₹770 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,130 crore at the 30 October 2026 close.
SPML Infra's market capitalisation was ₹1,130 crore at the 30 October 2026 close: 8.85 crore shares at ₹127.76 each.
No. SPML Infra had borrowings of ₹346 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.37. Its cash and current investments were ₹167 crore, so its net debt was ₹180 crore.
SPML Infra's debt-to-equity ratio was 0.37 on 31 March 2026: borrowings of ₹346 crore against total equity of ₹948 crore. A year earlier, on 31 March 2025, it was 0.48.
In FY26, SPML Infra's return on equity (ROE) was 8.7% and its return on capital employed (ROCE) was 4.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 7.8% and ROCE 3.2%.
On 30 September 2026, SPML Infra's shares were held by promoters 40.52%, foreign portfolio investors (FII/FPI) 0.41%, domestic institutions (DII) 14.77% and retail and other non-institutional investors 44.30%. Over the year, FII holding was up 0.15 percentage points from 0.26% and DII holding was down 0.30 percentage points from 15.07%.
SPML Infra's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹22.7 crore, up 87.1% from ₹12.1 crore in Q1 FY26; revenue from operations ₹284 crore, up 82.3% year on year.
SPML Infra's book value per share was ₹107.17 on 31 March 2026: shareholders' equity of ₹948 crore divided by the 8.85 crore shares in issue. The share price at the 30 October 2026 close was ₹127.76.
Promoters held 40.52% of SPML Infra on 30 September 2026, down 0.33 percentage points from 40.85% the previous quarter and up 5.40 percentage points from 35.12% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, SPML Infra generated ₹113 crore of cash from operations and spent ₹66.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹179 crore. In FY25 it was −₹85 crore.
SPML Infra's basic earnings per share (EPS) were ₹10.14 in FY26, against ₹7.61 in FY25.
In FY26 (April 2025–March 2026), SPML Infra's consolidated net profit was ₹74.7 crore, up 55.8% from ₹47.9 crore in FY25, on revenue from operations of ₹868 crore (up 12.7%). Over three years, from FY23, net profit was null.
SPML Infra has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Vikran Engineering, M & B Engineering and Garuda Construction and Engineering: SPML Infra's operating margin of 7.3% is the lowest of the four (Vikran Engineering 13.8%, M & B Engineering 10.0%, Garuda Construction and Engineering 30.8%; peer average 18.2%); its return on equity of 8.7% is the third highest of the four (Vikran Engineering 7.4%, M & B Engineering 14.2%, Garuda Construction and Engineering 31.2%; peer average 17.6%).
At the 30 October 2026 closing prices, on FY26 net profit, SPML Infra's PE ratio is 15.1, the second highest of the four: Vikran Engineering 14.8, M & B Engineering 16.1 and Garuda Construction and Engineering 10.3, a peer average of 13.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, SPML Infra earned net profit of ₹74.7 crore on revenue of ₹868 crore, against ₹91.7 crore on ₹1,249 crore for Vikran Engineering. SPML Infra's operating margin was 7.3% (Vikran Engineering 13.8%) and its return on equity 8.7% (Vikran Engineering 7.4%). At the 30 October 2026 close, SPML Infra's market capitalisation was ₹1,130 crore against ₹1,355 crore for Vikran Engineering, and its PE ratio on FY26 profit 15.1 against 14.8.
From SPML Infra's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.