SPML Infra reports FY26 PAT of ₹7,624.94 lakh

SPML Infra Limited reported a profit after tax (PAT) of ₹7,624.94 lakh for the financial year ended March 31, 2026, compared to ₹4,927.76 lakh in the previous year. Revenue from operations for FY26 stood at ₹86,846.06 lakh, up from ₹77,705.56 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026. The statutory auditors, M/s. Maheshwari & Associates, issued an audit report with an unmodified opinion.

Financial Performance

The company recorded a total income of ₹88,786.31 lakh for FY26, a rise from ₹78,820.49 lakh in the previous year. Total expenses increased to ₹81,161.37 lakh from ₹73,034.72 lakh in FY25. Earnings per share (EPS) for the year increased to ₹10.36 on a basic basis from ₹7.61 in the prior year. The following table summarises the full-year standalone financial performance:

Metric:	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from Operations	86,846.06	77,705.56
Total Income	88,786.31	78,820.49
Total Expenses	81,161.37	73,034.72
Profit for the Period	7,624.94	4,927.76
Basic EPS	10.36	7.61

Q4 Standalone Performance

For the quarter ended March 31, 2026, SPML Infra delivered a strong year-on-year improvement across key metrics. Revenue from operations stood at ₹2.90 billion, compared to ₹1.89 billion in the same quarter of the previous year. Net profit came in at ₹284 million versus ₹118 million in the year-ago period. EBITDA for the quarter was ₹213 million against ₹108 million previously, with the EBITDA margin expanding to 7.32% from 5.70% year-on-year. The table below captures the Q4 standalone performance at a glance:

Metric:	Q4 FY26	Q4 FY25
Revenue	₹2.90 billion	₹1.89 billion
Net Profit	₹284 million	₹118 million
EBITDA	₹213 million	₹108 million
EBITDA Margin	7.32%	5.70%

Board Decisions and Director Re-appointment

The Board approved the re-appointment of Mr. Tiruvaidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second term of one year, effective from June 8, 2026, to June 7, 2027, subject to shareholder approval. His first tenure is set to expire on June 7, 2026. The decision was based on the recommendation of the Nomination and Remuneration Committee. The company confirmed he is not related to any other director on the Board and is not debarred from holding the position by any SEBI order or other authority.

Disclosures and Auditor's Report

The company made the necessary disclosures under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors provided an unmodified opinion on the standalone and consolidated financial results. The auditor's report noted that the financial results include the results of 'Joint Operations' and that certain joint operations' financial information was unaudited or not available, though deemed not material to the standalone financial results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.45%	+4.90%	-4.84%	+5.13%	+11.11%	+1,637.41%

SPML Infra Limited has complied with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended March 31, 2026. A secretarial audit report by MT & Co., Company Secretaries, confirmed the listed entity's adherence to regulations including the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956. The report noted that no action was taken by SEBI or Stock Exchanges against the entity, its promoters, or directors during the review period.

The report addressed deviations observed in previous periods regarding the constitution of board committees. Specifically, there was non-compliance with the proper constitution of the nomination and remuneration committee and the stakeholder relationship committee during Q2 and Q3. These lapses persisted for a total period of 32 days. While potential fines were initially quantified, the Stock Exchanges accepted waiver requests submitted by the company, resulting in no fine or penalty being imposed.

Compliance Status and Governance

The company confirmed compliance with various governance requirements during the review period. The status of key compliance parameters is detailed below:

Particulars	Compliance Status	Observations/ Remarks
Secretarial Standards	Yes	None
Adoption and updation of Policies	Yes	Policies adopted under Regulations 30 and 30A; authorized officer is Mrs. Swati Agarwal
Maintenance and disclosures on Website	Yes	Information updated regularly; Employee Stock Option Scheme 2021 uploaded
Disqualification of Director	Yes	None
Details related to Subsidiaries	Yes	Company has no material subsidiary
Preservation of Documents	Yes	None
Performance Evaluation	Yes	None
Related Party Transactions	Yes	Requisite approvals obtained
Disclosure of events or information	Yes	NA
Prohibition of Insider Trading	Yes	NA
Resignation of statutory auditors	NA	NA

Additional Disclosures

The report confirmed that no additional non-compliances were observed for any SEBI regulation or circular during FY26. The company is in charge of the upkeep of the Structured Digital Database. Furthermore, SPML Infra Limited complied with the disclosure requirements for Employee Benefit Scheme Documents under Regulation 46(2)(za) of the LODR Regulations, specifically regarding the Employee Stock Option Scheme 2021.

The audit scope did not include verification of financial records or an expression of opinion on the future viability of the entity. The report is intended solely for compliance purposes under Regulation 24A(2) of the SEBI LODR Regulations, 2015.