RPP Infra Projects Ltd
RPP Infra Projects Limited, incorporated in 1995, is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and waste management. [1]
- Market Cap ₹ 344 Cr.
- Current Price ₹ 69.5
- High / Low ₹ 179 / 63.0
- Stock P/E 8.78
- Book Value ₹ 110
- Dividend Yield 0.72 %
- ROCE 20.4 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.63 times its book value
- Company has delivered good profit growth of 28.0% CAGR over last 5 years
- Company's median sales growth is 18.0% of last 10 years
Cons
- Promoter holding is low: 39.2%
- Company has a low return on equity of 13.2% over last 3 years.
- Contingent liabilities of Rs.301 Cr.
- Promoters have pledged 26.8% of their holding.
- Promoter holding has decreased over last 3 years: -12.1%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 233 | 263 | 314 | 366 | 499 | 581 | 576 | 478 | 780 | 1,005 | 1,332 | 1,432 | 1,379 | |
| 201 | 228 | 268 | 316 | 433 | 519 | 521 | 442 | 751 | 961 | 1,256 | 1,332 | 1,322 | |
| Operating Profit | 32 | 35 | 47 | 50 | 66 | 62 | 55 | 36 | 28 | 45 | 76 | 99 | 57 |
| OPM % | 14% | 13% | 15% | 14% | 13% | 11% | 10% | 8% | 4% | 4% | 6% | 7% | 4% |
| 6 | 11 | 5 | 3 | 6 | 9 | 10 | 11 | 14 | 21 | 46 | 13 | 13 | |
| Interest | 16 | 17 | 19 | 17 | 19 | 23 | 23 | 19 | 20 | 17 | 19 | 17 | 16 |
| Depreciation | 7 | 7 | 5 | 5 | 7 | 6 | 7 | 6 | 8 | 9 | 11 | 10 | 8 |
| Profit before tax | 15 | 22 | 28 | 32 | 47 | 41 | 35 | 22 | 14 | 39 | 93 | 86 | 46 |
| Tax % | 21% | 20% | 26% | 24% | 71% | 41% | 45% | 30% | 41% | 33% | 29% | 24% | |
| 12 | 17 | 21 | 24 | 13 | 24 | 19 | 16 | 8 | 26 | 66 | 65 | 39 | |
| EPS in Rs | 3.23 | 4.77 | 5.71 | 6.60 | 3.72 | 6.73 | 5.33 | 4.11 | 2.28 | 6.99 | 17.27 | 13.20 | 7.90 |
| Dividend Payout % | 10% | 7% | 5% | 5% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 20% |
| 3 Years: | 22% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 28% |
| 3 Years: | 100% |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 6% |
| 3 Years: | 19% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 10% |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 24 | 37 | 37 | 38 | 50 | 50 |
| Reserves | 97 | 113 | 128 | 152 | 165 | 193 | 214 | 244 | 281 | 308 | 380 | 472 | 498 |
| 92 | 106 | 78 | 113 | 145 | 139 | 107 | 123 | 104 | 79 | 41 | 44 | 101 | |
| 64 | 144 | 131 | 172 | 174 | 240 | 225 | 227 | 317 | 310 | 367 | 368 | 310 | |
| Total Liabilities | 276 | 386 | 360 | 459 | 506 | 595 | 569 | 618 | 739 | 735 | 826 | 933 | 958 |
| 45 | 39 | 25 | 29 | 30 | 52 | 48 | 47 | 62 | 67 | 65 | 105 | 146 | |
| CWIP | 3 | 3 | 4 | 4 | 0 | 6 | 4 | 4 | 3 | 2 | 2 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 7 | 14 | 14 |
| 227 | 343 | 331 | 425 | 474 | 530 | 510 | 560 | 667 | 659 | 752 | 814 | 798 | |
| Total Assets | 276 | 386 | 360 | 459 | 506 | 595 | 569 | 618 | 739 | 735 | 826 | 933 | 958 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 20 | 35 | 34 | 58 | -17 | 36 | 45 | 32 | 38 | 52 | 1 | |
| -1 | -0 | 5 | -7 | -4 | -32 | 2 | -3 | -17 | -12 | -0 | -42 | |
| -19 | -17 | -29 | -12 | -16 | 18 | -34 | 13 | 9 | -30 | -50 | 23 | |
| Net Cash Flow | -2 | 2 | 11 | 15 | 39 | -31 | 3 | 55 | 25 | -4 | 2 | -18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 236 | 172 | 223 | 77 | 103 | 93 | 111 | 97 | 61 | 43 | 47 |
| Inventory Days | 4 | 10 | 14 | 15 | 40 | 55 | 57 | 34 | 36 | 19 | 25 | 40 |
| Days Payable | 184 | 797 | 433 | 481 | 218 | 375 | 280 | 383 | 225 | 109 | 150 | 195 |
| Cash Conversion Cycle | -57 | -552 | -246 | -243 | -101 | -217 | -129 | -238 | -92 | -29 | -82 | -108 |
| Working Capital Days | 103 | 91 | 101 | 119 | 62 | 100 | 106 | 125 | 88 | 69 | 67 | 62 |
| ROCE % | 15% | 14% | 19% | 19% | 21% | 19% | 16% | 11% | 9% | 12% | 25% | 20% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Order Book Percentage - Infrastructure/Roads % |
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| Order Book Percentage - Water Management % |
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| Total Unexecuted Order Book INR Crores |
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| Order Book Regional Concentration - Tamil Nadu % |
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| Order Inflow (Fresh Orders) INR Crores |
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| Number of Live Projects / Sites Count |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
3 Mar - Mr. Venkatesan Elliah Naidu resigned as Independent Director effective COB 02/03/2026; committee memberships ceased.
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Intimation Under Regulation 30 Of The SEBI [LODR) Regulations. 2015
2 Mar - Compounding order received 27/02/2026: fees Rs72,17,793 (FY2018-19) and Rs15,44,966 (FY2022-23).
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Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011
27 Feb - Inter-se promoter share transfers: Arulsundaram and A Nithya transferred shares to N A Tharunya on 24/02/2026.
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Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
27 Feb - Promoters gifted 3,980,000 and 20,000 shares to Ms N.A. Tharunya on 24/02/2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
20 Feb - Received Rs.205.89 crore EPC work order from SDAT for Global Sports City, Chennai; 18-month completion, 3% performance security.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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May 2018Transcript PPT
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Feb 2018TranscriptAI SummaryPPT
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Dec 2017Transcript PPT
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Aug 2017TranscriptAI SummaryPPT
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Jun 2017Transcript PPT
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Feb 2017Transcript PPT
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Nov 2016TranscriptAI SummaryPPT
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Aug 2016TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
Service Offerings
The company is an integrated EPC Company with a portfolio across sectors including Infrastructure Development, Residential and Commercial Buildings, and Water Management. [1] It has executed 200+ civil construction projects across South India, Maharashtra, MP, UP, Chhattisgarh, etc. [2] [3]