SRM Contractors Reports Strong Order Book of Rs 1,476 Crore, Eyes Expansion and Strategic Growth
SRM Contractors Limited, an infrastructure company specializing in challenging terrains, reported an order book of Rs 1,476.06 crore as of August 2025. The company has shown significant financial growth with a 34.8% revenue CAGR, 51% EBITDA CAGR, and 60.7% PAT CAGR from FY21 to FY25. For FY26, SRM targets revenue of Rs 900.00 crore, EBITDA margin of 20%+, and PAT margin of 9%+. The company's order book is diversified across roads and bridges (60%), slope stabilization (29%), and tunnels (11%). SRM has acquired a 51% stake in Maccaferri Infrastructure Pvt. Ltd., adding Rs 211.00 crore to its order book. The company's credit rating has been upgraded from CARE BBB+ to CARE A- for long-term bank facilities.

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SRM Contractors Limited , a leading infrastructure company specializing in challenging terrains, has unveiled its robust business position and strategic priorities in a recent investor presentation. The company, with over 17 years of expertise in roadways, tunnels, bridges, and slope stabilization, reported a substantial order book of Rs 1,476.06 crore as of August 2025.
Financial Performance and Outlook
SRM Contractors has demonstrated impressive financial growth, with a 34.8% revenue CAGR, 51% EBITDA CAGR, and 60.7% PAT CAGR from FY21 to FY25. The company's Q1FY26 performance shows promising results:
Metric | Q1FY26 Value |
---|---|
Revenue | Rs 144.00 crore |
EBITDA | Rs 22.00 crore |
PAT | Rs 12.80 crore |
PAT Margin | 9.00% |
Looking ahead, SRM Contractors has provided an optimistic FY26 guidance:
- Revenue target: Rs 900.00 crore
- EBITDA margin: 20%+
- PAT margin: 9%+
- Expected order inflow: Over Rs 1,000.00 crore
Diverse Project Portfolio
The company's order book is well-diversified across various infrastructure segments:
- Roads and bridges: 60%
- Slope stabilization: 29%
- Tunnels: 11%
SRM Contractors has a strong presence across multiple states, with significant projects in:
- Jammu & Kashmir: 36% of order book
- Uttarakhand: 19%
- Gujarat: 17%
Strategic Acquisition and Expansion
In a strategic move to enhance its capabilities, SRM Contractors has acquired a 51% stake in Maccaferri Infrastructure Pvt. Ltd. (MIPL). This acquisition brings an additional order book of Rs 211.00 crore and is expected to strengthen SRM's position in geotechnical and stabilization solutions.
Financial Strength and Credit Rating Upgrade
The company maintains a healthy financial position with a debt-to-equity ratio of 0.09. In a recent development, SRM Contractors received a credit rating upgrade from CARE BBB+ to CARE A- for its long-term bank facilities, reflecting its improved financial profile and business prospects.
Future Outlook
SRM Contractors is poised for growth, leveraging its expertise in high-altitude and challenging terrain projects. The company's focus on complex, terrain-intensive, government-backed projects, coupled with its in-house capabilities and strategic acquisitions, positions it well for future expansion.
As infrastructure development continues to be a priority in India, particularly in remote and challenging regions, SRM Contractors' specialized skills and strong track record are likely to drive its growth in the coming years.
Historical Stock Returns for SRM Contractors
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.86% | +2.14% | +3.73% | +51.13% | +89.13% | +116.70% |