RPP Infra Projects Limited has released its financial performance presentation for the quarter ended December 31, 2025, demonstrating substantial order book growth despite facing profitability challenges in the current quarter. The company's strategic focus on expanding its project portfolio has yielded significant results, positioning it for future growth.

Order Book Expansion and New Project Acquisitions

The company achieved remarkable success in securing new business during the period up to December 2025, winning 10 new projects with a combined value of ₹2336.78 crores across India. The project portfolio demonstrates diversification across multiple sectors, with infrastructure projects dominating the order book.

The company's current order book stands at ₹3963.66 crores across 41 projects, representing substantial work remaining to be executed. Additionally, RPP Infra is in the L1 stage for two more tenders valued at ₹260 crores, indicating potential for further order book expansion.

Major BHEL Project and Manufacturing Facility Development

A significant milestone includes securing a ₹1126.50 crores project from Bharat Heavy Electricals Limited (BHEL), achieved through the strategic leadership of Managing Director Mr. P. Arul Sundaram. This project necessitates establishing a dedicated manufacturing facility on 15 acres of land provided by BHEL in Varanasi, Uttar Pradesh.

Q3FY26 Financial Performance Analysis

The quarterly financial results present a mixed picture, with revenue growth offset by declining profitability metrics. Revenue increased to ₹375.59 crores in Q3FY26 from ₹316.79 crores in Q2FY26, marking a 19.00% quarter-on-quarter growth.

Operational Challenges and Management Response

The company's profitability decline stems from the current project execution phase, where most new projects, including those with BHEL, are in early stages with preliminary site establishment costs incurred but limited revenue contribution. The revenue mix has shifted toward sub-contracted work, while self-executed projects remain in initial phases.

Management has identified this challenge and is implementing measures to increase self-executed project volumes and accelerate project commencement. The company expects approximately ₹1600 crores worth of projects to begin generating revenue toward the end of Q4, with momentum continuing into Q1 of the next financial year.

Auditor Review and International Operations

Statutory Auditors M/s. KRSG Associates, Chartered Accountants, completed their limited review of the quarterly standalone and consolidated financial results for the quarter ended December 31, 2025. The review, conducted in accordance with ICAI standards, reported no negative or adverse remarks against the company's financial results.

The company's global expansion includes a project in Sri Lanka, currently awaiting final building permit approval. However, piling approval has been obtained, and piling work is expected to commence shortly. The company continues actively monitoring and participating in additional construction projects, anticipating positive outcomes in Q4 and the upcoming financial year.

RPP Infra Projects Limited has notified stock exchanges regarding a proposed acquisition of equity shares through an inter-se transfer between promoters under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company filed the prior intimation on January 31, 2026, as a continuation of an earlier communication made on January 14, 2026.

Transaction Details

The proposed share transfer involves a significant movement of equity shares between immediate relatives within the promoter group. The transaction is structured as a gift under the inter-se transfer provisions.

Regulatory Compliance

The transaction falls under Regulation 10(1)(a)(i) of SEBI SAST Regulations, which provides exemption from making an open offer for inter-se transfers between immediate relatives of promoters. The company has declared compliance with all applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011.

The volume weighted average market price for 60 trading days preceding the notice date was ₹102.30, as recorded on the stock exchange with maximum trading volume for the company's shares.

Shareholding Impact

The transaction will result in significant changes to the shareholding pattern of both parties involved in the transfer.

Corporate Information

The notification was signed by Arulsundaram Nithya, Wholetime Director and CFO (DIN: 00125357), and filed with both BSE Limited (Scrip Code: 533284) and National Stock Exchange of India Limited (NSE Symbol: RPPINFRA). The company's registered office is located in Erode, Tamil Nadu, with its corporate office in Chennai.

This inter-se transfer represents a restructuring of promoter holdings while maintaining overall promoter group control, with the transaction being conducted through a gift mechanism between immediate family members as permitted under SEBI regulations.