SPML Infra Limited has informed the Exchange about Transcript
SPMLINFRA · price
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SPML Infra held an earnings call for Q4 and FY25. FY25 revenue was Rs. 824 crore, EBITDA grew 26% to Rs. 98 crore, and PAT jumped 1.5x to Rs. 49 crore with EPS of Rs. 7.83. The company has a robust order book of Rs. 3,000 crore, L1 orders of Rs. 2,571 crore, and is bidding on tenders worth over Rs. 9,000 crore. Key wins include the Rs. 618 crore Konar Irrigation Project in Jharkhand. The company is setting up a 2.5 GW BESS battery pack manufacturing plant in Maharashtra with Rs. 175 crore capex (Phase 1 Rs. 125 crore funded by promoter equity), expected operational by March 2026 or early FY27. On debt, Rs. 290 crore of the Rs. 700 crore NARCL obligation has been repaid, with Rs. 622 crore of arbitration awards in hand to cover the balance. Management targets minimum 10% EBITDA margin on new orders, 15%+ on BESS manufacturing, and roughly 50% growth in both revenue and profit in FY26.
Positive for shareholders — the company is entering a high-growth phase with BESS manufacturing entry, strong order visibility, focused margin strategy, and improving balance sheet via arbitration awards. The FY26 growth target of ~50% in topline and bottomline signals meaningful upside, while the BESS plant adds a new revenue vertical targeting Rs. 1,000–1,500 crore at full capacity.