As of 6 Nov 2026, SPML Infra trades at 13.6× trailing earnings, below the industry P/E of 16.4×, and the shares are 41% below their 52-week high. Its ROCE of 5.3% is the lowest among the 7 largest Engineering & Construction peers, and sales fell 1.4% a year over 3 years. Debt is 0.38× equity. It is a small-cap company with a market cap of ₹1,168 Cr, ranked 59th of 156 Engineering & Construction companies by market cap; the shares fell 39% over the past year.
- ₹141.03
- ₹142.12
- ₹134.54
- ₹142.87
- 2.1 L
Health check
- ReturnsBehind
−38.7% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 13.6 vs industry 16.4.
- GrowthSteady
Sales −1.4%, profit +475.8% a year over 3 years.
- ProfitabilityWeak
ROCE 5.3% vs peer median 19.9%.
- Balance sheetFair
Debt 0.38× equity, interest covered 13.4×, Piotroski 4 of 9.
- Red flags1 to check
41% below its 52-week high.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹1,168 Cr
- Small cap
- P/E
- 13.6
- Industry 16.4
- Price to book
- 1.16
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 8.7%
- Peers 17.9%
- ROCE
- 5.3%
- Peers 19.9%
- Debt to equity
- 0.38
- Debt ₹358 Cr
- EPS (TTM)
- ₹10.09
- Face value ₹2
- OPM (TTM)
- 8.2%
- Net margin 8.6%
- Sales growth
- +82.3%
- Latest quarter vs a year ago
- Profit growth
- +87.1%
- Latest quarter vs a year ago
- Price to sales
- 1.17
- EV/EBITDA 15.6
Strengths and risks
Strengths
- Quarterly profit up 87.1% on a year ago.
- Quarterly sales up 82.3% on a year ago.
Risks to check
- 41% below its 52-week high.
About SPML Infra
SPML Infra Limited operates as an infrastructure development company in India. It offers water loss management, water reservoirs and pumping stations, pipeline network design, smart metering system, and water reuse and recycling; battery energy storage systems; metering and billing; effluent, sewage, and tertiary treatment plants; integrated sewage network; and smart water management solution. The company also provides dams and barrages; canal networks;…
- Headquarters
- Kolkata
- Employees
- 260
- Sector
- Industrials
- ISIN
- INE937A01023
- Website
- spml.co.in
Price range
- Avg volume (3M)
- 1.9 L
- 1-year return
- minus 38.7%
- From 52-week high
- minus 41.4%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| SPMLINFRASPML Infra | 137.65 | minus 3.65% | 1,168 | 13.6 | 65.4 | 5.3% | 8.2% | 0.38 | −1.4% | minus 38.7% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 156 | 188 | 230 | 291 | 284 | |
| 149 | 179 | 205 | 270 | 257 | |
| 7.2 | 8.8 | 24.8 | 20.6 | 26.9 | |
| 4.6% | 4.7% | 10.8% | 7.1% | 9.5% | |
| 17 | 19.5 | 10.1 | 2.8 | −0.5 | |
| 9.2 | 9.1 | 14 | 1.7 | 13.4 | |
| 0.1 | 0.2 | 0.5 | 1.4 | 0.6 | |
| – | – | – | – | 10.3 | |
| 14.9 | 19 | 20.3 | 20.4 | 22.7 | |
| 18.7% | 20.9% | – | −33.2% | 0.0% | |
| 12.1 | 15 | 20.3 | 27.2 | 22.7 | |
| 1.44 | 1.79 | 2.46 | 3.14 | 2.70 |
Profit & loss
- Sales CAGR 3Y
- −1.4%
- Profit CAGR 3Y
- +475.8%
- EPS CAGR 3Y
- +388.4%
- ROE
- 8.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 855 | 1,230 | 731 | 818 | |
| – | +44.0% | minus 40.6% | +12.0% | |
| 843 | 1,171 | 727 | 795 | |
| 11.9 | 59.1 | 3.6 | 23.8 | |
| 1.4% | 4.8% | 0.5% | 2.9% | |
| 48 | 119 | 56.6 | 57.1 | |
| 50.3 | 56.9 | 3.8 | 6 | |
| 3.2 | 2.4 | 0.9 | 1.4 | |
| −3.6 | −119 | 1 | 1.2 | |
| 2.9 | −0.2 | 56.5 | 74.7 | |
| 88.4% | −605.7% | 15.2% | – | |
| 0.4 | −7 | 47.9 | 74.7 | |
| – | minus 1883.5% | – | +55.8% | |
| 0.08 | -1.42 | 6.36 | 9.33 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 27.7 | 10.7 | 15.2 | 16.6 | |
| 297 | 450 | 755 | 932 | |
| 1,754 | 812 | 524 | 474 | |
| 714 | 620 | 672 | 874 | |
| 2,793 | 1,892 | 1,967 | 2,296 | |
| 150 | 6.2 | 2.9 | 103 | |
| 56.3 | – | 0.3 | 64.2 | |
| 35.9 | 13.8 | 61.3 | 23.1 | |
| 20.1 | 229 | 182 | 88.6 | |
| 2,530 | 1,643 | 1,720 | 2,017 | |
| 2,793 | 1,892 | 1,967 | 2,296 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20 | 594 | −71.9 | −113 | |
| 45.9 | −6.6 | −90.5 | −32.2 | |
| −86.6 | −410 | 76.5 | 49 | |
| −20.6 | 178 | −85.8 | −95.8 | |
| −0.5 | −66.8 | −0.6 | −66.4 | |
| 19.5 | 528 | −72.4 | −179 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 3.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.