Srinibas Pradhan Constructions Ltd
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of public infrastructure projects.[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 165
- High / Low ₹ 173 / 99.0
- Stock P/E 15.8
- Book Value ₹ 52.3
- Dividend Yield 0.00 %
- ROCE 28.6 %
- ROE 28.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 155 days.
- Working capital days have increased from 45.9 days to 88.5 days
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 4.31 | 26.35 | 35.27 | 89.68 | 90.21 | |
| 4.12 | 24.23 | 29.69 | 76.45 | 75.24 | |
| Operating Profit | 0.19 | 2.12 | 5.58 | 13.23 | 14.97 |
| OPM % | 4.41% | 8.05% | 15.82% | 14.75% | 16.59% |
| 0.00 | 0.00 | 0.02 | 0.04 | 0.09 | |
| Interest | 0.00 | 0.00 | 0.27 | 1.77 | 1.77 |
| Depreciation | 0.02 | 0.13 | 0.57 | 2.70 | 2.27 |
| Profit before tax | 0.17 | 1.99 | 4.76 | 8.80 | 11.02 |
| Tax % | 23.53% | 25.63% | 25.63% | 25.23% | 25.50% |
| 0.13 | 1.49 | 3.55 | 6.59 | 8.21 | |
| EPS in Rs | 43.33 | 158.85 | 8.57 | 15.11 | 10.44 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 77% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 40% |
| Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.09 | 4.14 | 4.36 | 7.86 |
| Reserves | 0.12 | 2.57 | 3.57 | 11.55 | 33.24 |
| 0.32 | 0.00 | 1.88 | 17.25 | 15.27 | |
| 3.28 | 3.83 | 11.23 | 22.60 | 24.01 | |
| Total Liabilities | 3.75 | 6.49 | 20.82 | 55.76 | 80.38 |
| 0.46 | 0.73 | 2.92 | 11.84 | 11.10 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 1.76 | 0.00 | 0.00 |
| 3.29 | 5.76 | 16.14 | 43.92 | 69.28 | |
| Total Assets | 3.75 | 6.49 | 20.82 | 55.76 | 80.38 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0.26 | -0.34 | 2.76 | -13.79 | -5.09 | |
| -0.48 | -0.41 | -5.89 | -1.73 | -1.75 | |
| 0.32 | 0.70 | 3.14 | 15.60 | 13.51 | |
| Net Cash Flow | 0.10 | -0.05 | 0.01 | 0.08 | 6.66 |
| Free Cash Flow | -0.22 | -0.75 | 0.00 | -14.35 | -6.75 |
| CFO/OP | 158% | 8% | 62% | -89% | -23% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 178.69 | 29.09 | 67.68 | 122.18 | 155.41 |
| Inventory Days | 96.05 | 39.08 | 126.77 | 83.43 | 84.73 |
| Days Payable | 633.95 | 100.55 | 212.03 | 169.54 | 90.29 |
| Cash Conversion Cycle | -359.21 | -32.38 | -17.58 | 36.07 | 149.85 |
| Working Capital Days | -9.32 | 25.63 | 23.80 | 25.32 | 88.53 |
| ROCE % | 127.16% | 82.12% | 49.45% | 28.57% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Bid-to-Win Ratio ratio ・Standalone data |
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| Industrial Building & Others Revenue Mix % of Revenue from Operations |
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| Road & Bridges Revenue Mix % of Revenue from Operations |
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| Top 1 Customer Revenue Concentration % of Revenue from Operations |
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| Top 5 Customers Revenue Concentration % of Revenue from Operations |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- SPCON: M/s. Srinibas Pradhan Constructions Limited has informed about Post-Intimation of Investor/Analyst Meet held on 16th September, 2026.
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Investor Presentation
- Investor presentation on FY26 performance; order book ₹113 Cr, revenue ₹90.3 Cr, PAT ₹8.21 Cr.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Company to hold virtual group meeting with analysts and investors on 16 September 2026.
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Copy of Newspaper Publication
- Newspaper advertisements published for 6th AGM and e-voting on 7 September 2026.
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Shareholders meeting
- 6th AGM on 30 Sep 2026 to adopt FY26 results, reappoint director, and seek Rs100 crore borrowing powers.
Concalls
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Sep 2026TranscriptAI SummaryPPT
Business Profile[1]
SPCL participates in competitive bidding processes for infrastructure projects across the state of Odisha, catering to state government departments, central and state public sector undertakings, as well as private corporate clients and holds Class B & Class A PWD Contractor Registration.