SPML Infra Ltd (SPMLINFRA) — shareholding pattern, promoter holding, financials and share price
About SPML Infra Ltd (SPMLINFRA)
SPML Infra Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as SPMLINFRA and on the BSE under scrip code 500402. Its ISIN is INE937A01023.
Incorporated in 1981, SPML Infra Ltd is in the business of infrastructure development [1]
SPML Infra Limited is a publicly listed Indian infrastructure EPC company focused primarily on water and wastewater treatment, power transmission and distribution, and expanding into Battery Energy Storage Systems (BESS) with manufacturing and long-term O&M services, leveraging four decades of project execution and 700+ completed projects across India.
SPML reported Q3 FY26 standalone revenue of INR231.1 crore and PAT of INR20.5 crore, with 9M FY26 EBITDA margin improving to 10.4% and PAT margin to 8.1%, driven by completion of low-margin legacy projects and higher contribution from recent higher-margin awards and improved operational efficiencies.
Listed peers in Civil Construction: Vikran Engineering Ltd, M & B Engineering Ltd, Solarworld Energy Solutions Ltd, Garuda Construction and Engineering Ltd, GPT Infraprojects Ltd, GHV Infra Projects Ltd.
Valuation & Returns
10 Jul 2026At ₹192.9 a share on 10 Jul 2026, SPML Infra Ltd (SPMLINFRA) was valued at a price-to-earnings ratio of 21.74x against an industry P/E of 25.97x and a price-to-book of 2.11x on a book value of ₹91.52 per share as of Mar 2025. Solomo computes return on equity of 9.7% and return on capital employed of 8.01% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 21.74x
- Industry P/E
- 25.97x
- P/B
- 2.11x
- EPS (TTM)
- ₹8.87
- Book value / share
- ₹91.52
- ROE
- 9.7%
- ROCE
- 8.01%
- ROA
- 3.8%
- Debt / equity
- 0.48x
- Dividend yield
- 0%
- EBITDA margin
- 10.79%
- 52-week range
- ₹152.25 – ₹321.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, SPML Infra Ltd (SPMLINFRA) reported revenue of ₹868 crore, net profit of ₹75 crore and earnings per share of ₹9.47. That compares with revenue of ₹771 crore and net profit of ₹48 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹291 crore and net profit ₹27 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 952 | 883 | 1,319 | 771 | 868 |
| Net profit (₹ cr) | 0 | 0 | -2 | 48 | 75 |
| EPS (₹) | 0.08 | 0.09 | -1.42 | 6.7 | 9.47 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -6.47% | -1.34% | -3.33% | -41.57% |
| Profit growth | 15.90% | - | 70.28% | - |
| Stock price CAGR | 7% | 77% | 70% | -26% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 40.85% of SPML Infra Ltd (SPMLINFRA) (down 0.11 pp QoQ), foreign institutional investors (FII) hold 0.33% and domestic institutional investors (DII) hold 14.34%. Promoters have pledged 22.8% of their holding. Market capitalisation was ₹1,623 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2001.
Largest disclosed public shareholders in Jun 2026: NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED 12.52%, HUF 2.3%, DELHI WASTE MANAGEMENT LIMITED 2.26%, ANIL KUMAR SETHI 2.11%, PROCHETA CONSULTANTS PRIVATE LIMITED 1.88%, KEDIA SECURITIES PRIVATE LIMITED 1.78%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 40.85% | 22.8% | 0.33% | 14.34% | 59.15% |
| Mar 2026 | 40.96% | 22.8% | 0.52% | 14.34% | 59.04% |
| Dec 2025 | 37.79% | 25.9% | 0.15% | 15.54% | 62.21% |
| Sep 2025 | 35.12% | 27.1% | 0.26% | 15.07% | 64.88% |
| Jun 2025 | 35.12% | 27.1% | 0.34% | 14.86% | 64.88% |
| Mar 2025 | 35.21% | 26.8% | 0.7% | 14.84% | 64.79% |
| Dec 2024 | 34.8% | 27.3% | 0.76% | 14.93% | 65.2% |
| Sep 2024 | 35.93% | 30% | 0.97% | 14.57% | 64.07% |