In ₹ Crore except Per Share Latest Annual	SPMLINFRA FY26	VIKRAN FY26	MBEL FY26	GARUDA FY26	Peer Average
Valuation — at last close
P/E	12.93×	13.30×	15.36×	◆ 10.75×	13.14× -2%
P/B	1.15×	◆ 1.12×	2.26×	2.90×	2.10× -45%
EV/EBITDA	19.25×	8.34×	9.10×	◆ 7.97×	8.47× +127%
Market Cap	₹1,091 Cr	₹1,389 Cr	₹1,487 Cr	₹1,318 Cr	₹1,398 Cr -22%
Growth
Revenue CAGR 3Y	-0.56%	—	—	—	—
Revenue CAGR 5Y	4.93%	—	—	—	—
Net Income CAGR 3Y	504.47%	—	—	—	—
Revenue YoY (latest Q)	◆ 82.33%	—	22.49%	40.13%	31.31% +163%
Net Income YoY (latest Q)	◆ 87.14%	—	22.03%	48.33%	35.18% +148%
Profitability
EBITDA Margin	7.60%	14.02%	11.23%	◆ 30.89%	18.71% -59%
Net Income Margin	8.60%	7.34%	7.35%	◆ 23.08%	12.59% -32%
Return on Common Equity	8.69%	7.41%	14.19%	◆ 31.15%	17.58% -51%
Return on Capital Employed	4.41%	13.27%	18.85%	◆ 41.55%	24.56% -82%
Return on Assets	3.50%	3.66%	7.98%	◆ 23.30%	11.65% -70%
Credit & Quality
Total Debt/Equity	0.37×	0.24×	0.12×	◆ 0.03×	0.13× +185%
Interest Coverage	8.05×	2.58×	7.26×	◆ 60.46×	23.43× -66%
Scale — latest FY
Revenue / Total Income	₹868 Cr	₹1,249 Cr	₹1,260 Cr	₹531 Cr	₹1,013 Cr -14%
Net Income	₹74.7 Cr	₹91.7 Cr	₹92.6 Cr	₹122 Cr	₹102 Cr -27%
Total Assets	₹2,296 Cr	₹2,504 Cr	₹1,161 Cr	₹644 Cr	₹1,436 Cr +60%
EPS	₹10.14	₹4.05	₹16.94	₹13.17	₹11.39 -11%
Book Value per Share	₹114.04	₹47.98	₹114.98	₹48.82	₹70.59 +62%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.