ALFA Finder| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | 74% YoY growth driven by new SPML 2.0 project execution. |
|---|---|
| Margins | EBITDA margins hit 10%, targeting 12% as new orders scale. |
| Order book | ₹5,100Cr total; ₹3,843Cr new high-margin orders; ₹1,251Cr legacy. |
| Demand visibility | Strong pipeline in Water (JJM 2.0) and Battery Storage (BESS). |
| Management confidence | Highly optimistic, emphasizing balance sheet strengthening and segment diversification. |
Growth
Revenue grew 74% YoY to ₹286Cr; PAT surged 87% to ₹22.7Cr. EBITDA margins improved to 10%.
Outlook
Guidance of >25% growth in revenue and profit for FY27. Order intake target ₹5000Cr+.
Risks
Execution delays in BESS/NTPC projects, arbitration recovery uncertainty, and high dependency on government capex cycles.
Last quarter's promises, checked
Delivered
- Revenue growth >13% YoY → delivered 74% (= BEAT)
- EBITDA margin 10% → delivered 10% (= BEAT)
- BESS assembly line start June 2026 → delivered ready (= BEAT)
Partly delivered
- Order book ₹5369Cr → delivered ₹5100Cr (= PARTIAL)
Missed
- FY26 Revenue ₹900-1000Cr → delivered ₹868Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: SPMLINFRA. Summary written with AI assistance from the document.
SPML Infra Ltd: key numbers
- Share price
- ₹152.54
- Market cap
- ₹1,284 Cr
- Revenue (annual)
- ₹868.5 Cr
- Net profit (annual)
- ₹74.68 Cr
- P/E (TTM)
- 14.0×Sector 33.5×
- Promoter holding
- 40.52%-0.33% QoQ
- FII holding
- 0.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SPML Infra Ltd
All →SPML Infra Investor Presentation: Key Takeaways
Q2FY27 revenue ₹238.70 Cr (+20% YoY), PAT ₹22.23 Cr (+46% YoY), EBITDA margin 11.01%. Order book ₹5,056 Cr; BESS push via Energy Vault tie-up.
SPML Infra Other Announcement
SPML Infra filed its first quarterly Monitoring Agency report on preferential issue proceeds. ₹50.11 Crore of ₹183.18 Crore received, with no deviation from stated objects.
SPML Infra Results Update
SPML Infra reported Q2 FY27 results with revenue up 20% and PAT up 46%, plus positive operating cash flow. The press release also cites a ₹186.41 crore Power Grid order, though the highlighted figures are results and cash-flow data.
SPML Infra Management Change
SPML Infra appointed Arun Kumar Agarwal as Chief Financial Officer effective 1 December 2026. Manoj Kumar Digga ceased as CFO but remains an Executive Director.
SPML Infra Q2 FY27 Results: Net Profit ₹21.6 Cr, Up 44.0% YoY
SPML Infra Ltd reported revenue from operations of ₹234.3 Cr (+23.3% YoY) and net profit of ₹21.6 Cr (+44.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹21.6 Cr · +44.0% YoY
SPML Infra Financial Results
SPML Infra's board approved Q2 FY27 unaudited results and a CFO change, with Manoj Kumar Digga ceasing as CFO and Arun Kumar Agarwal appointed effective 1 December 2026. The results are attached under Regulation 33, and the CFO change is a senior management appointment.