SPML Infra Ltd

The project was awarded to the consortium of SPML Infra (26%) and JWIL Infra (74%), which successfully emerged as the lowest bidder and received the letter of acceptance (LoA). The comprehensive project involves several critical components aimed at strengthening water infrastructure in the region. One of the central features is the construction, testing, and commissioning of a new reservoir in Porur, envisioned to play a vital role as a key water storage facility. To ensure efficient and reliable water transfer and distribution, the project also includes the development of strategically located pumping stations. A range of ancillary works will be undertaken to establish the supporting infrastructure necessary for the seamless operation of the reservoir and pumping stations. These works will primarily focus on the regions of Perur and Porur, townships in Chennai, it added. A key highlight of the project is its long-term operation and maintenance (O&M) component. The consortium has been entrusted with the responsibility of maintaining and ensuring the efficient functioning of the entire infrastructure for a period of 20 years. This commitment aims to guarantee sustained service delivery and enhance the longevity of the assets over the long term. Subhash Sethi, Chairman, SPML Infra, said: We are delighted to have been entrusted with this critical project by the Chennai Metropolitan Water Supply and Sewerage Board. This order reinforces SPML Infra's leadership and technical expertise in developing sustainable water infrastructure across the country. With urban centres like Chennai experiencing rapid growth and rising demand for reliable water supply, we are committed to delivering high-quality engineering solutions that ensure efficient water management and long-term service delivery. Our continued focus on innovation, project execution, and operational excellence will help meet the expectations of our esteemed client. SPML Infra is engaged in the business of infrastructure development, which inter alia includes water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructure. The company reported consolidated net profit of Rs 12.01 crore in Q4 FY25 as against net loss of Rs 8.87 crore posted in Q4 FY24. Net sales tanked 59% year on year to Rs 189.03 crore in Q4 FY25. Powered by Capital Market - Live

SPML Infra has secured a significant new project worth Rs. 258 crore from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) in consortium with JWIL Infra. Powered by Capital Market - Live

Net profit of SPML Infra reported to Rs 12.01 crore in the quarter ended March 2025 as against net loss of Rs 8.87 crore during the previous quarter ended March 2024. Sales declined 59.01% to Rs 189.03 crore in the quarter ended March 2025 as against Rs 461.21 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 47.94 crore in the year ended March 2025 as against net loss of Rs 6.97 crore during the previous year ended March 2024. Sales declined 41.57% to Rs 770.64 crore in the year ended March 2025 as against Rs 1318.97 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales189.03461.21 -59 770.641318.97 -42 OPM %5.453.81 -5.541.01 - PBDT12.73-5.21 LP 57.420.21 27243 PBT12.54-5.76 LP 56.51-2.16 LP NP12.01-8.87 LP 47.94-6.97 LP Powered by Capital Market - Live

SPML Infra will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

SPML Infra has signed an exclusive agreement with Energy Vault, USA; a global leader in sustainable energy storage solutions. The said agreement is set to fast-track the manufacturing and deployment of Energy Storage Systems in India through a technology transfer to SPML. By adopting Energy Vault's cutting-edge B-VAULT Battery Energy Storage System (BESS) technology and VaultOS EMS software, this partnership will drive the growth of the country's green energy sector. Localized production and deployment will enhance India's energy infrastructure, improve grid stability, and support the seamless integration of renewable energy. Ultimately, this collaboration will increase the availability of reliable and affordable clean energy for consumers nationwide. This agreement is expected to facilitate multi-gigawatt hours (GWh) of BESS deployments by SPML to contribute to India's renewable energy scale-up and energy storage needs, with a minimum volume of 500 MWh over the next 12 months and a minimum targeted BESS volume of 30-40+ GWh to be manufactured over the next 10 years. Through this partnership SPML will leverage the cost efficiencies of localized manufacturing, as well as SPML's deep market expertise, to deliver industry-leading competitiveness within India's growing energy storage market. Engineered to meet the short to medium duration energy storage requirements, B-VAULT is a suite of fully integrated battery energy storage solutions designed for reliability, flexibility and energy sustainability. The Innovative enclosure architecture provides customer optionality with both battery and inverter suppliers, while unique AC-coupled and DC-coupled configurations provide the drop-in flexibility needed for any project. Advanced safety and cyber security features combine with native VaultOS EMS integration and competitive project pricing to deliver on customer needs. Powered by Capital Market - Live

The Board of SPML Infra at its meeting held on 28 March 2025 has approved the company's entry into the Battery Energy Storage System (BESS) sector. The Board has also authorized the management to take all necessary steps and obtain the required approvals to facilitate this strategic initiative.Powered by Capital Market - Live

The Board of Directors of SPML Infra has approved the conversion of 449,843 Warrants of Rs. 118.56/- each into 449,843 Equity Shares of face value of Rs. 2/- each, at a price of Rs. 118.56/- per equity share including premium of Rs. 116.56/- on preferential basis to Zoom Industrial Services; Promoter group of the Company. Powered by Capital Market - Live

SPML Infra will hold a meeting of the Board of Directors of the Company on 28 March 2025.Powered by Capital Market - Live

The project, valued at Rs 617.98 crore (approximately USD 70.90 million), aims to enhance irrigation infrastructure across 12,599.43 hectares of agricultural land in the Bisnugarh block (Hazaribagh), Nawadih block (Bokaro), and Dumri block (Giridih) in Jharkhand. The project involves the reconstruction, repair, and structural strengthening of the main canal, right branch canal, and associated distributaries, sub-distributaries, and minor canals through open channels. It also includes the construction of an approach channel, canal lining, a solar-powered pump house cum sump, and a pressure pipe water conveyance system. The pipeline network will use MS, DI, and HDPE pipes of up to 1200 mm in diameter and include an advanced pipe distribution network (PDN) and control mechanisms. Additionally, civil works such as boundary walls, approach roads, and service roads are part of the plan. The project includes a 10-year post-construction phase for operation, maintenance, and management (O&M) to ensure long-term sustainability and efficiency. Subhash Sethi, chairman of SPML Infra, said, 'We are proud to contribute to the development of Jharkhand's irrigation infrastructure. This project aligns with our commitment to delivering sustainable water management solutions that enhance agricultural productivity and improve farmers' livelihoods. By leveraging advanced technology and efficient execution, we aim to complete the project within the stipulated timeline while ensuring high standards of quality and reliability.' SPML Infra is engaged in the business of infrastructure development, which inter alia includes water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructure. The company's consolidated net profit surged 795.5% to Rs 9.94 crore on a 26.2% drop in sales to Rs 186.27 crore in Q3 FY25 compared to Q3 FY24.Powered by Capital Market - Live

Net profit of SPML Infra rose 795.50% to Rs 9.94 crore in the quarter ended December 2024 as against Rs 1.11 crore during the previous quarter ended December 2023. Sales declined 26.15% to Rs 186.27 crore in the quarter ended December 2024 as against Rs 252.24 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales186.27252.24 -26 OPM %4.34-1.41 - PBDT12.312.44 405 PBT12.201.90 542 NP9.941.11 795 Powered by Capital Market - Live