SPML Infra Ltd

SPML Infra announced that CRISIL has assigned the rating CRISIL BBB; Stable/ CRISIL A3+ for various debt facilities of the company.

The board of SPML Infra through circular resolution passed on 18 July 2026, inter-alia, has considered and approved the following: 1. Allotment of 3,09,141 equity shares of face value of Rs. 2/- each at a price of Rs. 186/- per equity share including premium of Rs. 184/- per equity share, on preferential basis to non-promoters by infusion of Rs. 5.75 crore. 2. Allotment of 3,84,858 equity shares of face value of Rs. 2/- each at a price of Rs. 186/- per equity share including premium of Rs. 184/- per equity share, on preferential basis to National Asset Reconstruction company, (Non-promoter) on conversion of 7.16 crore existing loan in the company. 3. Allotment of 95,39,449 warrant, at a price of Rs. 186/- per warrant on preferential basis to Promoter group and non-promoter. Each warrant shall be converted into equity shares of the company at Rs. 186/- including premium of Rs. 184/- per shar

SPML Infra has received an upgrade in credit ratings for various debt facilities of Rs 1,595 crore at ICRA BBB; Stable from ICRA BBB-; Stable.

SPML Infra has allotted 233,744 equity shares under ESOP scheme on 16 June 2026. Accordingly the paid up equity share capital has increased to Rs. 168,299,846/- consisting of 84,149,923 equity shares of face value Rs. 2/- each.

Net profit of SPML Infra rose 126.31% to Rs 27.18 crore in the quarter ended March 2026 as against Rs 12.01 crore during the previous quarter ended March 2025. Sales rose 53.68% to Rs 290.51 crore in the quarter ended March 2026 as against Rs 189.03 crore during the previous quarter ended March 2025. For the full year,net profit rose 55.78% to Rs 74.68 crore in the year ended March 2026 as against Rs 47.94 crore during the previous year ended March 2025. Sales rose 11.76% to Rs 868.46 crore in the year ended March 2026 as against Rs 777.06 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales290.51189.03 54 868.46777.06 12 OPM %6.915.45 -7.536.32 - PBDT21.7712.73 71 76.8757.42 34 PBT20.4112.54 63 74.6856.51 32 NP27.1812.01 126 74.6847.94 56 Powered by Capital Market - Live

SPML Infra has secured a significant contract worth Rs. 165.41 crore from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) for the construction of 400 kV Grid Substation and Transmission Infrastructure at Dahra, in Kota, Rajasthan, to be executed in 18 months period.

SPML Infra will hold a meeting of the Board of Directors of the Company on 28 May 2026.

The company further said that this project ranks among the largest single BESS orders awarded in India. The scope of work included supply, civil works, and erection of 250 MW/1,000 MWh battery energy storage system (BESS) comprising 5 MWh DC containers with battery management system (BMS) and thermal management system (TMS), 33 kV panel boards, 220 kV DC & AC cables, 220 kV switchyard and all associated accessories. The project will be executed over an 18-months period followed by a 15 years of operation and maintenance. The project will seamlessly integrate large-scale battery storage with existing thermal power infrastructure enabling peak load management, grid stability, and efficient integration of renewable power. Abhinandan Sethi, managing director, SPML Infra, said: 'This order marks a defining moment for SPML Infra, a firm commitment to the large-scale battery energy storage sector. Energy storage will define how India powers its future, and we intend to be architects of that transformation.' SPML Infra is a infrastructure development company with over four decades of expertise across power, water, environment, and technology sectors. The company's consolidated net profit rose 104.63% to Rs 20.34 crore on a 22.30% increase in revenue to Rs 229.76 crore in Q4 FY26 as compared with Q4 FY25. Powered by Capital Market - Live

SPML Infra has secured a landmark Rs 1,128 crore contract to develop a 1 GWh Battery Energy Storage System (BESS) at NTPC's Barauni Thermal Power Station in Bihar, marking the first large-scale grid Battery Energy Storage System project for SPML Infra. Awarded by the National Thermal Power Corporation (NTPC), this project ranks among the largest single BESS orders awarded in India, signalling a defining moment not just for SPML Infra, but for the country's clean energy ambitions. The scope of work included supply, civil works, and erection of 250 MW/1,000 MWh Battery Energy Storage System (BESS) comprising 5 MWh DC containers with Battery Management System (BMS) and Thermal Management System (TMS), 33 kV panel boards, 220 kV DC & AC cables, 220 kV switchyard and all associated accessories. The project will be executed over an 18-months period followed by a 15 years of operation and maintenance.

SPML Infra announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 16 May 2026.