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NSE:SRM

SRM CONTRACTORS LIMITED

Construction › Construction
₹404.85
at close · 8 Oct 2026
▼ 17.00 (-4.03%)

Latest filings

  1. SRM Contractors 18th AGM: All 16 resolutions passed, QIP and warrant issue approved · Board & Shareholder Meetings
  2. Promoter Ashley Mehta moves to Executive Director; new auditor appointed · Management Changes
  3. Trading Window Closure from Oct 1 for Q2 FY26 Results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Executes civil construction contracts for roads, bridges, tunnels, retaining walls, and oil and gas facility services, primarily for government and public-sector clients in India. Recent domestic contract wins include Rs 210.99 crore from MSIDC for Kumbhmela infrastructure at Trimbakeshwar, Rs 60.43 crore from MoRT&H for landslide treatment on NH-107 in Uttarakhand, and Rs 229.57 crore from NF Railway for a Dimapur-Kohima new broad-gauge line project. The company operates as a single segment under Ind AS and has expanded its capability set by acquiring a 51% stake in Maccaferri Infrastructure Pvt. Ltd., adding geotechnical solutions and PAN-India reach. It is also converting its Abu Dhabi branch into a wholly owned UAE subsidiary (SRM Contractors LLC) for overseas work. FY26 revenue stood at Rs 1,025.57 crore against an order book of Rs 1,843.87 crore and a bid pipeline of Rs 4,271.85 crore, with FY26 capex of Rs 152 crore. Materials are the dominant cost at 62.3% of revenue, followed by other operating expenses at 17.2%.

Operating scale
Order book
Rs 1,843.87 croreMarch 2026 (FY26)
Order inflow
Rs 1,097.29 croreFY26
Bid pipeline
Rs 4,271.85 croreFY26
Capex
Rs 152 croreFY26
FY26 revenue YoY growth
94%FY26
Recent contract wins
Rs 500.99 crore (three contracts)June 2026
Who pays it
Central and state government agencies and public-sector undertakings including MoRT&H, NF Railway, and MSIDC
Biggest cost
Materials at 62.3% of revenue
Kind of business
Cyclical, asset-heavy civil construction contractor
Where it sits
Mid-sized Indian civil contractor with a Rs 1,843.87 crore order book and a 51% stake in Maccaferri Infrastructure for geotechnical work
Market Cap
₹968 Cr
P / E (TTM)
8.2×
EV / EBITDA
5.3×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
29.6%▲
ROCE (FY26)
ROE 26.9% · margin 17.3%
Leverage
0.32·
Debt / Equity · low
Net debt ₹65 Cr
Revenue FY24→FY26
3.0×▲
Margin +2.9 pts
₹342 Cr → ₹1,026 Cr
Cash conversion
0.56×▼
Operating cash ÷ profit · 3 yrs
₹108 Cr on ₹193 Cr
Moves on a normal day
1.61%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#24/101
P/B#58/85
ROCE#12/107
ROE#6/87
Debt / Equity#41/87
EBITDA margin#20/88
Revenue growth#16/86
Profit growth#18/84

Scorecard

Measured from the filed financials, judged against its Civil Construction peers · as of FY26 — not investment advice

Strengths
Returns on capital 29.6%
#12 of 107 in Civil Construction on the latest reported figures
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Over 3 years it reported ₹193 Cr of profit and ₹108 Cr of operating cash — 0.56×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

SRM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SRM CONTRACTORS LIMITED's filed financials and exchange disclosures

What does SRM CONTRACTORS LIMITED do?

SRM CONTRACTORS LIMITED is a Construction company listed on NSE and BSE, trading under the symbol SRM.

Is SRM CONTRACTORS LIMITED profitable?

Yes. Over the trailing twelve months SRM CONTRACTORS LIMITED reported a net profit of ₹118 Cr on revenue of ₹1,079 Cr.

Does SRM CONTRACTORS LIMITED pay a dividend?

Not in the latest reported year — SRM CONTRACTORS LIMITED's dividend payout for FY26 was nil.

Is SRM CONTRACTORS LIMITED debt-free?

No. It reported borrowings of ₹133 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹65 Cr after cash. Debt stands at 0.32× equity. That is lower than 54% of its 87 Civil Construction peers.

Is SRM CONTRACTORS LIMITED expensive compared with its peers?

On trailing P/E, SRM CONTRACTORS LIMITED ranks 24 of 101 in Civil Construction — cheaper than 77% of them, against an industry median of 14.6×. This is a position, not a valuation judgement.

How much does the SRM CONTRACTORS LIMITED share price move in a day?

On a typical session SRM CONTRACTORS LIMITED moves 1.61% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SRM CONTRACTORS LIMITED's announcements?

Every NSE and BSE filing by SRM CONTRACTORS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.