RPP Infra Projects Announces Investor Presentation; Secures ₹2470.14 Crore Orders in FY26
RPP Infra Projects has announced an investor presentation for Q4 and FY 2026, having secured 11 new projects worth ₹2470.14 crores with a current order book of ₹3750.83 crores. FY26 standalone revenue grew marginally by 3.30% to ₹1478.77 crores, while PAT declined sharply by 88.10% to ₹7.79 crores due to a shift toward subcontracted projects, rising input costs, and initial-stage investments in new awards. Auditors M/s. KRSG Associates confirmed no adverse remarks on the financial results.

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RPP Infra Projects has announced an investor presentation for Q4 and FY 2026, providing stakeholders with a comprehensive overview of its operational and financial performance. The company secured 11 new projects worth ₹2470.14 crores in India during the period up to March 2026, significantly bolstering its growth trajectory. The current order book stands at 39 projects with an outstanding execution value of ₹3750.83 crores. While order intake remains robust, the company reported a sharp decline in profitability for the financial year ended March 31, 2026, primarily due to a shift in project execution models and rising input costs.
For FY 2025-26, RPP Infra Projects recorded a revenue of ₹1478.77 crores, a marginal increase of 3.30% compared to the previous year. However, the bottom line took a significant hit as Profit After Tax (PAT) fell by 88.10% to ₹7.79 crores. The company attributed this decline to a substantial shift in revenue mix from own-executed projects to back-to-back subcontracted projects, as well as the completion phase of major older projects and initial-stage investments for new awards.
Financial Performance
The standalone financial results for FY26 highlight the pressure on margins across key operational metrics. Operating costs rose by 11.57%, outpacing revenue growth and leading to a contraction in gross profit. The table below summarises the key financial highlights:
| Key Highlights (Standalone): | FY 25-26 | FY 24-25 | Variance |
|---|---|---|---|
| Revenue: | ₹1478.77 crores | ₹1431.55 crores | +3.30% |
| Operating Cost: | ₹1370.55 crores | ₹1228.22 crores | +11.57% |
| Gross Profit: | ₹108.42 crores | ₹203.33 crores | -46.68% |
| EBDITA: | ₹34.93 crores | ₹107.08 crores | -67.38% |
| PAT: | ₹7.79 crores | ₹65.47 crores | -88.10% |
Management noted that revenue from subcontract work increased rapidly during the current period, while revenue from self-executed works reduced as projects, including those with Bharat Heavy Electricals Limited, are in the initial stage. Preliminary site establishment costs have been incurred for these new projects, but they are not yet contributing meaningful revenue. Additionally, significant increases in material, fuel, transportation, and labour costs further impacted profitability.
Operational Outlook
Despite the current profitability squeeze, the company remains optimistic about its execution capabilities. Management is actively training and recruiting skilled manpower to ensure quality and timely delivery. RPP Infra Projects expects profit levels to improve in the next quarter, with significant revenue contribution anticipated only from Q2 of the next financial year as projects move past their initial stages.
Auditor's Review
M/s. KRSG Associates, Statutory Auditors, audited and reviewed the standalone and consolidated financial results along with 17 joint venture operations for the year ended March 31, 2026. The review confirmed that there are no negative or adverse remarks against the company's financial results.
Historical Stock Returns for RPP Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.15% | +0.23% | -20.54% | -40.20% | -55.04% | +22.15% |
What specific strategies will management implement to mitigate rising input costs and stabilize margins?
How will the shift towards back-to-back subcontracted projects impact the company's long-term profitability profile?
When are the new Bharat Heavy Electricals Limited projects expected to ramp up and contribute meaningfully to revenue?


































