SPML Infra
169.40
+15.67(+10.19%)
Market Cap₹1,297.63 Cr
PE Ratio20.38
IndustryConstruction
Company Performance:
1D+10.19%
1M-0.25%
6M-28.51%
1Y+6.23%
5Y+1,655.44%
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More news about SPML Infra
17Feb 26
SPML Infra Allots 5.60 Lakh Equity Shares at Rs. 215 Per Share Through Warrant Conversion
SPML Infra Limited has completed the allotment of 5,60,000 equity shares at Rs. 215 per share through warrant conversion, approved by the Board on February 17, 2026. The shares were allotted to promoter group entity Niral Enterprises Pvt Ltd on a preferential basis with a premium of Rs. 213 per share. The transaction complies with SEBI regulations and represents a significant capital infusion through the promoter route.
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17Feb 26
SPML Infra Reports Strong Q3FY26 Results with 22% Revenue Growth and 97% Profit Surge
SPML Infra reported impressive Q3FY26 financial performance with revenue from operations growing 22.31% to ₹22,976.11 crores and profit after tax surging 96.67% to ₹2,047.15 crores. The infrastructure company secured significant new orders worth ₹4,324 crores across water infrastructure projects and strengthened its capital base through equity issuances totaling ₹7,625.31 crores. The company concluded its earnings conference call with analysts on February 17, 2026, with audio recording made available on its website.
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05Feb 26
SPML Infra Limited Schedules Q3 & 9M FY26 Earnings Conference Call for February 16, 2026
SPML Infra Limited has scheduled its Q3 & 9M FY26 earnings conference call for February 16, 2026 at 03:30 PM IST to discuss performance for the quarter ended December 31, 2025. The call will feature key management including CFO Mr. Manoj Digga, VP-Finance Mr. Arun Agarwal, and CTO Mr. Samir Patel. The company has notified BSE and NSE under SEBI LODR Regulations, with pre-registration mandatory for participants to receive call access details.
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21Jan 26
SPML Infra Limited Allots 6.70 Lakh Equity Shares to Promoter Group Entity at ₹215 Per Share
SPML Infra Limited has allotted 6,70,000 equity shares at ₹215.00 per share to promoter group entity Niral Enterprises Private Limited through warrant exercise. The Board approved this preferential allotment on January 21, 2026, generating total proceeds of ₹144.05 crores. The transaction was completed in compliance with SEBI regulations and increases the company's paid-up share capital by ₹13.40 lakhs.
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16Jan 26
Vijay Kedia Acquires ₹25 Crore Stake in SPML Infra Through Bulk Deal
Vijay Kedia has acquired 14,98,107 shares of SPML Infra at ₹167 per share through a bulk deal worth ₹25 crore. The smallcap infrastructure company has a market cap of ₹1,373 crore and operates across power, water, environment, and technology sectors with over 700 completed projects. SPML Infra maintains 62% public shareholding and has provided clean drinking water to over 50 million people nationwide.
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14Jan 26
SPML Infra Limited Appoints Go India Advisors as Investor Relations Agency
SPML Infra Limited has appointed Go India Advisors as its Investor Relations Agency effective February 1, 2026. The company made this disclosure on January 14, 2026, under SEBI Listing Regulations to both BSE and NSE. This strategic appointment aims to enhance investor communication and relations management for the infrastructure development company.
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05Jan 26
SPML Infra secures ₹159 crore surety bond limit and ₹21.61 crore arbitration award
SPML Infra announced two major financial developments including a ₹159 crore surety bond limit from an IRDAI-registered insurer and a favorable ₹21.61 crore arbitration award from Chennai Metropolitan Water Supply and Sewerage Board. These developments strengthen the company's bidding capabilities and cash flow position, following recent project wins including a ₹207.38 crore Jal Jeevan Mission project in Rajasthan.
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03Jan 26
SPML Infra Wins Arbitration Award Worth ₹21.61 Crores
SPML Infra Limited has won an arbitration award worth ₹21.61 crores, representing a significant legal victory for the infrastructure company. This successful arbitration outcome demonstrates the company's effective pursuit of disputed amounts through legal channels and could potentially strengthen its financial position.
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03Jan 26
SPML Infra Secures Surety Bond Limit of ₹159 Crores
SPML Infra has obtained a surety bond limit of ₹159 crores, enhancing its financial capabilities and operational flexibility. This development strengthens the company's position in the infrastructure sector and provides additional financial backing for project execution and contractual obligations.
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03Jan 26
SPML Infra Limited Secures ₹21.61 Crore Arbitration Award from CMWSSB
SPML Infra Limited announced receipt of a favorable arbitration award worth ₹21.61 crores from Chennai Metropolitan Water Supply and Sewerage Board on December 31, 2025. The company disclosed this material development under SEBI Regulation 30, with the award being subject to terms and conditions specified in the award document.
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31Dec 25
SPML Infra Allocates 11.44 Lakh Shares to NARCL at ₹276 Each in Loan Conversion Deal
SPML Infra has allocated 11.44 lakh shares to NARCL at ₹276.00 per share through a loan conversion arrangement, representing approximately ₹31.58 crores in total value. This transaction reflects the company's debt restructuring efforts and NARCL's role in asset resolution within India's financial sector.
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31Dec 25
SPML Infra Completes Allotment of 11.44 Lakh Equity Shares to NARCL
SPML Infra Limited has successfully completed the allotment of 11,44,436 equity shares to National Asset Reconstruction Company Limited (NARCL) through debt-to-equity conversion worth Rs. 31.58 crores. The Board of Directors approved this allotment on December 31, 2025, with shares issued at Rs. 276 per share on preferential basis, helping maintain NARCL's shareholding as per their Master Restructuring Agreement.
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23Dec 25
SPML Infra Promoter Niral Enterprises Pledges 2.18% Stake to NARCL
SPML Infra Limited disclosed that its promoter Niral Enterprises Pvt Ltd has pledged 1,643,914 shares representing 2.18% stake to SBICAP Trustee Company Ltd on behalf of National Asset Reconstruction Company Ltd. The disclosure was made on December 23 in compliance with SEBI regulations, resulting in reduced unencumbered holding from 3.49% to 2.75%.
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06Dec 25
SPML Infra Secures Rs. 207.38 Crore Water Infrastructure Project in Rajasthan
SPML Infra Limited, in a joint venture with Shree Hari Infraprojects Private Limited, has won a Rs. 207.38 crore contract from the Public Health Engineering Department of Jhalawar, Rajasthan. The project, part of the Jal Jeevan Mission, involves constructing and operating water supply infrastructure in the Kota-Bundi region. It includes building intake wells, water treatment plants, reservoirs, and pipelines, benefiting over 1.03 million people. The contract includes 10 years of operations and maintenance.
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01Dec 25
SPML India Boosts Stake in SPML Infra Through Preferential Allotment
SPML India Limited acquired 21,08,637 equity shares of SPML Infra Limited through a preferential allotment on November 20, 2025. This increased SPML India's shareholding from 7.91% to 8.19%. SPML Infra's total equity capital expanded from 7.23 crore shares to 7.55 crore shares as a result. The transaction falls under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, requiring disclosure to stock exchanges and the target company.
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20Nov 25
SPML Infra Reports Stable Q2 Performance, Targets Rs 5,000 Crore Order Book with BESS Expansion
SPML Infra Limited reported stable Q2 results with revenue of Rs 199.00 crore, EBITDA margin of 10.00%, and PAT margin of 7.70%. The company secured new orders worth Rs 3,772.00 crore and targets a total order book of Rs 5,000.00 crore for the current fiscal year. SPML Infra is expanding into the Battery Energy Storage Systems (BESS) sector, with Phase I of a 2.5 GWh facility in Pune progressing on schedule. The company has enhanced its bank facilities from Rs 205.00 crore to Rs 505.00 crore and received a 'Stable' rating from ICRA.
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29Oct 25
SPML Infra Secures ₹505 Crore Credit Facility to Accelerate Project Execution
SPML Infra Limited has obtained an enhanced credit facility of ₹505 crore from a top Indian PSU Bank, up from its previous limit of ₹205 crore. This non-fund based facility, including Bank Guarantee limits, will allow the company to accelerate ongoing projects, increase bidding capacity for larger projects, and improve operational flexibility. The approval underscores SPML Infra's financial credibility in the infrastructure sector.
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11Sept 25
SPML Infra Seeks Shareholder Approval for Key Leadership Changes
SPML Infra Limited has announced significant leadership changes subject to shareholder approval via postal ballot. The company proposes appointing Abhinandan Sethi as Managing Director for a five-year term, transitioning Subhash Chand Sethi to Non-Executive Chairman, and appointing Rajeev Kumar Jain as Independent Director for one year. E-voting is open from September 12 to October 11, 2025. These changes aim to strengthen the company's position during its revival phase.
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26Aug 25
SPML Infra Reports Mixed Q1 Results; Eyes BESS Expansion and Strong Order Book
SPML Infra's Q1 revenue declined to Rs. 172.90 crore, but margins improved. The company has a robust order book of Rs. 4,500 crore and is entering the Battery Energy Storage Systems market through a partnership with Energy Vault. A manufacturing facility in Pune is planned with an initial 2.5 GW capacity. The company's debt stands at Rs. 407 crore, backed by arbitration awards and claims. Despite Q1 revenue decline, SPML Infra's strong order book and strategic moves position it for future growth.
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19Aug 25
SPML Infra Secures Rs. 1,073 Crore Water Supply Project for Indore Under AMRUT 2.0
SPML Infra Limited has been awarded a Rs. 1073 crore contract by Indore Municipal Corporation under the AMRUT 2.0 scheme. The project involves constructing a 1,650 MLD intake facility, a 400 MLD water treatment plant, and other water supply infrastructure to serve 2 million Indore residents. The EPC phase will be completed in 30 months, followed by a 10-year O&M contract. SPML Infra will participate in a Water & Recycling Conference on August 22, 2025, in Mumbai.
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13Aug 25
SPML Infra Reports Steady Progress in Fund Utilization from Preferential Issue
SPML Infra Limited has utilized Rs 71.14 crore out of Rs 292.58 crore raised through a preferential issue. Rs 66.64 crore was used for working capital and Rs 4.50 crore for loan repayment to NARCL. Rs 221.44 crore remains unutilized, with Rs 121.91 crore allocated for margin money still untouched. The company has Rs 80.98 crore in a monitoring account and Rs 25 crore in fixed deposits. ICRA Limited confirms no deviations from the stated objectives and all utilization plans are on schedule.
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11Jul 25
SPML Infra Secures ₹385 Crore Water Infrastructure Contract in Rajasthan
SPML Infra Limited has been awarded a ₹385 crore contract for a water infrastructure project in Rajasthan under the Jal Jeevan Mission. The project, located in Ajmer, includes constructing a 160 MLD Water Treatment Plant, storage facilities, and a 58.68 km pipeline. It aims to improve water supply in the Kekri-Sarwar region, drawing from the Bisalpur Dam. The contract includes a 10-year operation and maintenance agreement.
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07Jul 25
SPML Infra Secures ₹205 Crore Credit Facility to Boost Project Execution
SPML Infra Limited has obtained a credit facility of ₹205.00 crore. This financial boost is expected to enhance the company's project execution capabilities, potentially improving operational efficiency and project delivery. The funds may be used for new projects, accelerating ongoing ones, investing in equipment, and managing working capital more effectively. This development indicates a positive outlook for SPML Infra's near-term operations and demonstrates its ability to access significant financial resources in the capital-intensive infrastructure sector.
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09Jun 25
SPML Infra Secures Land for Battery Energy Storage Systems Manufacturing Facility
SPML Infra Limited has been allocated 99,000 square meters of land by the Maharashtra Industrial Development Corporation (MIDC) in Ahmednagar, Maharashtra. The company plans to establish a manufacturing facility for Battery Energy Storage Systems (BESS), marking its strategic entry into the energy storage market. This move aims to diversify SPML Infra's portfolio, strengthen its position in the renewable energy sector, and capitalize on the growing demand for energy storage solutions in India.
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02Jun 25
SPML Infra Secures New Order Worth ₹258 Crore
SPML Infra Limited has won a new contract worth ₹258.00 crore, significantly enhancing its order book. While specific project details are undisclosed, the contract's size indicates a major infrastructure development initiative. This acquisition demonstrates SPML Infra's strong market position and ability to secure large-scale projects in the infrastructure sector.
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29May 25
SPML Infra Reports Mixed Q4 Results: Profit Up QoQ, Revenue Down YoY
SPML Infra's Q4 results show a quarterly net profit increase to ₹118.00 crore, up 13.46% from the previous quarter's ₹104.00 crore. However, year-over-year figures reveal a 31.79% profit decline from ₹173.00 crore. Revenue significantly contracted to ₹189.00 crore, a 59.18% decrease from ₹463.00 crore in the same quarter last year.
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03Apr 25
SPML Infra Inks Exclusive Deal with Energy Vault for Massive Energy Storage Rollout in India
SPML Infra Limited has formed an exclusive partnership with Energy Vault, USA, to deploy energy storage solutions across India. The company plans to install 500 MWh of storage capacity in the next year, with a long-term goal of 30-40+ GWh over a decade. The collaboration involves technology transfer and localized production of Energy Vault's B-VAULT technology and VAULTOS EMS software. This aligns with India's target of 500 GW non-fossil fuel-based electricity capacity by 2030 and addresses the projected energy storage market size of ₹4.70 lakh crore by 2031-32.
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03Apr 25
SPML Infra Inks Exclusive Deal with Energy Vault for Grid-Scale BESS Rollout in India
SPML Infra Limited has entered an exclusive partnership with Energy Vault to implement grid-scale Battery Energy Storage Systems (BESS) across India. The collaboration involves technology transfer from Energy Vault to SPML Infra, aiming to deploy 500 MWh of BESS over the next 12 months and 30-40+ GWh over 10 years. This aligns with India's target of 500 GW non-fossil fuel electricity capacity by 2030 and addresses the projected 236.22 GWh energy storage requirement by 2031-32. The partnership is expected to boost SPML Infra's revenue and position it as a leader in India's BESS market.
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02Apr 25
Energy Storage Deal Highlights Evolving Power Sector Landscape
Energy Vault and SPML Infra have entered a 10-year licensee and royalty agreement to manufacture and deploy the B-VAULT battery energy storage technology across India. The deal covers over 30 GWh of energy storage capacity, highlighting the growing focus on renewable energy integration and grid stability in India's power sector. While Adani Power is not directly involved, this development could impact the broader energy market and influence future strategies of major power producers.
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02Apr 25
Suzlon Energy Secures Major Agreement with SPML Infra for Energy Storage Solutions
Suzlon Energy Limited has signed a significant agreement with SPML Infra for energy storage solutions. The deal, valued at approximately ₹830 crore, involves an initial capacity of 500 MWh to be delivered within 12 months. This strategic move marks Suzlon's entry into the energy storage market, complementing its wind energy portfolio. The agreement is expected to boost Suzlon's revenue in Q1 and Q2 of 2025, improve gross margins, and positively impact cash flow. This diversification aligns with the growing demand for integrated renewable energy solutions and positions Suzlon for growth in the rapidly expanding energy storage sector.
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28Mar 25
SPML Infra Expands into Battery Energy Storage Systems, Approves Warrant Conversion
SPML Infra Limited has announced its entry into the Battery Energy Storage System (BESS) sector, approved by the board on March 28, 2025. The company also approved the conversion of 449,843 warrants into equity shares at Rs. 118.56 per warrant, to be allotted to Zoom Industrial Services Ltd, resulting in an equity infusion of approximately Rs. 53.33 crore.
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10Mar 25
SPML Infra Secures ₹617.98 Crore Water Resource Contract in Ranchi
SPML Infra Limited has signed a ₹617.98 crore ($74.5 million) contract with the Water Resource Department in Ranchi, Jharkhand. The agreement, likely involving water infrastructure development or management, is expected to boost the company's revenue, strengthen its regional presence in Jharkhand, and showcase its expertise in water management solutions. This contract aligns with SPML Infra's core competencies in water and environment infrastructure projects.
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SPML Infra
169.40
+15.67
(+10.19%)
1 Year Returns:+6.23%
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