SPML Infra Ltd
SPML Infra Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
5 of 5 strong
The short version
The company is on track to achieve more than 25% growth in revenue, EBITDA, and PAT in FY27 compared to the previous year. SPML Infra targets revenue growth of more than 25% in FY27 compared to the previous year.
From SPML Infra Ltd's Q1 FY27 earnings-call transcript · updated 26 Aug 2026.
Revenue & Sales Performance
- The company is on track to achieve more than 25% growth in revenue, EBITDA, and PAT in FY27 compared to the previous year.
- Revenue growth is supported by a strong and diversified order book across water, power, and BESS segments.
- BESS (Battery Energy Storage System) revenue is expected at INR 200-300 crores in Q4 FY27, with full utilization of 5 gigawatt capacity targeted by 2029-2030.
- Expansion beyond 5 gigawatt BESS capacity is planned based on capacity utilization and market demand but has not yet been formally discussed at the board level.
- The company anticipates sizable capacity utilization growth in BESS over the next 2-3 years alongside steady execution of water and power projects.
- Existing orders will primarily contribute to FY27 revenue, with new orders expected to reflect mostly in Q4 and the following year.
- Order book guidance for FY27 is INR 5,000 crores or more, supporting sustained top-line growth.
Profitability & Margins
See what SPML Infra Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total capex requirement for the 5 gigawatt BESS facility and 600-unit container manufacturing is INR 236 crores, which has already been financed through equity and term loans.
- Additional term loan of INR 10 crores for the container facility has been sanctioned.
- All funding requirements, including LC limits and working capital for BESS, are already sanctioned with banks; no further funding required currently.
- Land acquisition includes 25 acres for future expansions, which is not required for the current 5 gigawatt or container facility but is intended for future growth in BESS and container facilities.
- Capacity expansion from 2.5 GW to 5 GW and container facility expansion expected to complete in first half of FY2028, targeting a growing market potential (projected 208 GW by 2030).
- Focus on manufacturing advanced grid-scale BESS under the Make in India initiative, leveraging exclusive technology partnership with Energy Vault (US).
Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what SPML Infra Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at approximately INR 5,100 crores, providing healthy medium-term revenue visibility.
- Of this, around INR 1,251 crores relate to legacy projects; the rest predominantly includes projects with expected operating margins of 10% or higher.
- The company has received INR 1,293 crores in new orders during Q1 FY27 and is L1 in orders worth INR 212 crores.
- The company targets to surpass INR 5,000 crores in order intake for the current financial year.
- Pipeline projects track about 134 upcoming opportunities worth close to INR 98,725 crores across 11 states, with over 80% focused on irrigation and water supply.
- Orders include water infrastructure, power substations, and Battery Energy Storage System (BESS) projects.
- Legacy orders totaling approximately INR 1,251 crores are expected to be executed by FY29, mostly within the current and next year.
SPML Infra Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹291 Cr, net profit ₹27 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What SPML Infra Ltd's management said in earlier quarters
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Frequently Asked Questions
What were SPML Infra Ltd Q1 FY27 results?
The company is on track to achieve more than 25% growth in revenue, EBITDA, and PAT in FY27 compared to the previous year. SPML Infra targets revenue growth of more than 25% in FY27 compared to the previous year.
What is SPML Infra Ltd share price analysis?
SPML Infra Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 19.0 with a market cap of ₹1,617 Cr. Investors should review the full earnings analysis for detailed insights.
Is SPML Infra Ltd planning capital expenditure?
Total capex requirement for the 5 gigawatt BESS facility and 600-unit container manufacturing is INR 236 crores, which has already been financed through equity and term loans.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.