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Investor Presentation

SPML Infra Investor Presentation: Key Takeaways

SPML reports strong Q1FY27 performance with Revenue at Rs 285.67 Cr and PAT at Rs 22.70 Cr. Strategy pivots toward high-margin BESS projects and water EPC, backed by significant debt restructuring and credit rating upgrades.

Highlights
MarginsExpect 10-12% margins as legacy orders taper.
Order bookRs 5,094 Cr as of June 30, 2026.
Demand visibilityStrong; bid pipeline of Rs 10,000 Cr; major BESS/Water tailwinds.
Management confidenceHigh; citing promoter-backed turnaround and preferential allotment of Rs 819 Cr.

Growth

Revenue grew YoY to Rs 285.67 Cr (vs Q1FY26 Rs 164.26 Cr); EBITDA margin improved to 9.90%.

Outlook

Targeting 10-12% margins on new orders; scaling BESS capacity to 5 GWh by FY28.

Risks

Execution of lower-margin legacy projects (25% of order book); pending arbitration outcomes for liquidity.

Last quarter's promises, checked

Delivered

  • Targeted 2.5 GWh BESS assembly line by June 2026 → Ready at SUPA MIDC (= BEAT)
  • Guided 10% EBITDA margin for new orders → Delivered 9.90% in Q1FY27 (= BEAT)
  • Targeted debt-to-equity reduction → Delivered 0.34x D/E (= BEAT)

Partly delivered

  • Guided 25% revenue growth for FY27 → Q1FY27 revenue at Rs 285.67 Cr (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: SPMLINFRA. Summary written with AI assistance from the document.

Read the document ↗

SPML Infra Ltd: key numbers

Share price
₹165.86
Market cap
₹1,396 Cr
Revenue (annual)
₹868.5 Cr
Net profit (annual)
₹74.68 Cr
P/E (TTM)
16.4×Sector 33.0×
Promoter holding
40.52%+0.33% QoQ
FII holding
0.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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