SPML Infra Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPML Infra Limited reported standalone revenue of Rs 86,846.06 Lakhs for FY26, up 11.8% from Rs 77,705.56 Lakhs in FY25. PAT grew 31.8% to Rs 7,624.94 Lakhs from Rs 5,785.77 Lakhs year-on-year, meeting the >25% growth threshold. The auditor issued an unmodified (clean) opinion with no going concern issues. Notable items include write-off and reversal of contract assets of Rs 9,457.59 Lakhs, warrant conversion of 22.2 million shares at Rs 215 each (Rs 4,773 Lakhs inflow), and debt restructuring gains with NARCL. The company has significant joint operations exposure with 14 JVs, of which some financial data was unavailable or unaudited. Total assets grew to Rs 2,25,559.95 Lakhs from Rs 1,92,388.68 Lakhs. Cash position improved with cash equivalents at Rs 6,341.21 Lakhs vs Rs 6,784.85 Lakhs prior year.
Strong PAT growth and clean audit opinion are positive signals. However, the large contract asset write-off and significant reliance on unaudited JV data warrant caution. The warrant conversion reduces dilution risk.