SRM Contractors Financial Results
SRM Contractors reported a standalone annual net profit of ₹85.58 Crore for FY2026. The board approved results and appointed internal and cost auditors.
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SRM Contractors reported a standalone annual net profit of ₹85.58 Crore for FY2026. The board approved results and appointed internal and cost auditors.
SRM Contractors scheduled a board meeting for May 26, 2026. Directors will consider audited financial results for the quarter and year ended March 2026.
SRM Contractors Ltd confirmed full utilization of its ₹130.20 Crore IPO proceeds. The monitoring agency report was reviewed and approved by the company's Audit Committee.
SRM Contractors Limited was honored with the prestigious 'Rashtriya Ratna Samman 2026' as EPC Contractor of the Year. The award, received by Managing Director Mr. Puneet Pal Singh, recognizes the company's excellence in high-altitude and complex infrastructure engineering.
SRM Contractors Limited received an Administrative Warning Letter from SEBI on April 23, 2026. The warning pertains to non-compliance with Regulation 23(4) regarding prior shareholder approval for material related party transactions during FY 2024-25. Although shareholders subsequently ratified the transactions, SEBI advised the company to ensure stricter adherence to regulatory requirements in the future.
SRM Contractors Limited secured a Rs. 40.0 Crore EPC road construction contract from the Public Work Department, Maharashtra. The project involves road and bridge works on the NH-353K section and is scheduled for completion within 18 months.
SRM Contractors Limited has bagged a Rs. 128 Crore EPC contract from the National Highways Authority of India (NHAI). The project involves landslide remedial measures on the Pandoh to Kullu section of NH-03 in Himachal Pradesh. The contract is to be executed within 12 months, enhancing the company's regional infrastructure footprint.
SRM Contractors Limited secured two infrastructure contracts worth ₹168 Crore. The awards include a ₹128 Crore NHAI landslide remediation project in Himachal Pradesh (12-month duration) and a ₹40 Crore road and bridge project in Maharashtra (18-month duration). These wins significantly bolster the company's order book and revenue visibility.
SRM Contractors Limited has secured a ₹483 Crore contract from the Maharashtra State Infrastructure Development Corporation Limited (MSIDCL). The project involves the EPC-mode construction of the Nashik Ring Road (Package 6) over a 14.02 km stretch. The contract is scheduled for execution within 12 months, boosting the company's infrastructure order book.