SPML is pivoting from legacy debt distress to a high-margin EPC model. While Q1 FY27 show strong YoY growth, the recovery is heavily reliant on NTPC project execution and successful arbitration realizations to clear remaining debt.
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.
SPML delivered a resilient FY26 with 13% revenue growth and 55% PAT growth. Management is pivoting toward BESS and high-margin EPC projects under their 'SPML 2.0' strategy.
SPML Infra delivered strong FY26 performance with 13% revenue growth and 55% PAT growth, driven by a strategic shift towards high-margin new orders and resolution of legacy debt.