This small-cap stock engaged in infrastructure development, including water supply, power, sanitation, and civil construction projects, delivering sustainable engineering solutions across India, jumped 7 percent after receiving a consortium order worth Rs. 258 crore from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for a water infrastructure project.
With a market capitalization of Rs. 1,378.02 crores, the share of SPML Infra Limited has reached an intraday high of Rs. 199 per equity share, rising nearly 7.25 percent from its previous day’s close price of Rs. 185.55. Since then, the stock has retreated and is currently trading at Rs. 193.95 per equity share.
SPML Infra Limited, in partnership with JWIL Infra Limited, has secured a significant Rs. 258 crore water infrastructure project from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB). SPML holds a 26 percent share, while JWIL holds 74 percent in the consortium that won the contract by emerging as the lowest bidder.
The project involves the construction, testing, and commissioning of a new reservoir in Porur, which will serve as a vital water storage facility. It also includes setting up a strategically located pumping station to ensure efficient water distribution. Supporting infrastructure works will be carried out in the Perur and Porur areas of Chennai. Additionally, the consortium will handle the operation and maintenance of the entire system for 20 years, ensuring long-term service and asset reliability.
SPML Infra Limited was established in 1981 and formerly known as Subhash Projects and Marketing Limited. The company is recognized for its extensive experience in executing and managing large-scale projects across various infrastructure sectors, with a particular focus on water management, power, environment, and civil infrastructure development
SPML Limited serves major clients like Delhi Jal Board, National Mission for Clean Ganga, Jal Jeevan Mission, PHED Rajasthan, and Bangalore Water Supply and Sewerage Board, focusing on water management projects.
Coming into financial highlights, SPML Infra Limited’s revenue has decreased from Rs. 461 crore in Q4 FY24 to Rs. 189 crore in Q4 FY25, which is a drop of 59 percent. The company’s net loss converted into net profit, from Rs. -4 crore in Q4 FY24 to Rs. 12 crore in Q4 FY25.
In terms of return ratios, the company’s ROCE and ROE should be 8.92 percent and 7.79 percent, respectively. SPML Infra Limited has an earnings per share (EPS) of Rs. 6.75, and its debt-to-equity ratio is 0.48x.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
