SRM Contractors Ltd
Incorporated in 2008, SRM Contractors Ltd
is engaged in construction of roads including bridges, tunnel works, and slope stabilisation works[1]
- Market Cap ₹ 954 Cr.
- Current Price ₹ 416
- High / Low ₹ 652 / 287
- Stock P/E 12.8
- Book Value ₹ 130
- Dividend Yield 0.00 %
- ROCE 31.0 %
- ROE 25.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 68.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 47.2 days to 70.3 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.
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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 87 | 161 | 264 | 300 | 342 | 527 | 764 | |
| 76 | 144 | 234 | 262 | 301 | 445 | 645 | |
| Operating Profit | 11 | 18 | 30 | 38 | 42 | 81 | 120 |
| OPM % | 12% | 11% | 11% | 13% | 12% | 15% | 16% |
| 1 | 0 | 1 | 1 | 3 | 7 | 7 | |
| Interest | 2 | 2 | 3 | 6 | 6 | 8 | 7 |
| Depreciation | 4 | 5 | 6 | 8 | 9 | 14 | 16 |
| Profit before tax | 5 | 10 | 23 | 25 | 30 | 67 | 103 |
| Tax % | 29% | 25% | 20% | 25% | 26% | 25% | |
| 4 | 8 | 18 | 19 | 22 | 50 | 75 | |
| EPS in Rs | 240.47 | 509.86 | 1,202.37 | 11.44 | 13.24 | 21.86 | 32.48 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 26% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 40% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 27% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 17 | 17 | 23 | 23 |
| Reserves | 17 | 25 | 43 | 47 | 108 | 243 | 276 |
| 24 | 34 | 34 | 47 | 48 | 41 | 60 | |
| 42 | 53 | 41 | 26 | 58 | 88 | 97 | |
| Total Liabilities | 85 | 113 | 120 | 136 | 231 | 395 | 455 |
| 24 | 31 | 30 | 41 | 46 | 79 | 122 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 2 | 7 | 3 | 8 | 26 |
| 57 | 78 | 87 | 88 | 181 | 309 | 307 | |
| Total Assets | 85 | 113 | 120 | 136 | 231 | 395 | 455 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 11 | 14 | 6 | 21 | 14 | 1 | |
| -14 | -15 | -3 | -23 | -14 | -46 | |
| 4 | 6 | -2 | 5 | 39 | 79 | |
| Net Cash Flow | 1 | 5 | 0 | 4 | 40 | 34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 28 | 51 | 22 | 19 | 33 | 27 |
| Inventory Days | 77 | 15 | 17 | 17 | 39 | 82 |
| Days Payable | 228 | 139 | 54 | 19 | 46 | 65 |
| Cash Conversion Cycle | -123 | -72 | -14 | 17 | 27 | 44 |
| Working Capital Days | 11 | 15 | 34 | 26 | 45 | 70 |
| ROCE % | 24% | 37% | 33% | 25% | 31% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Feb
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 18 Feb
-
Submission Of Audio Recording Of Earnings Conference Call
17 Feb - Audio recording of Q3 and 9M FY26 earnings call held 16-Feb-2026 posted on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 16 Feb
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Feb - Monitoring agency report: Rs130.20 crore IPO proceeds; Rs17.00 crore unutilised; reallocation to JV approved Sept 29, 2025.
Annual reports
Concalls
-
Feb 2026Transcript PPT
-
Nov 2025Transcript PPT REC
-
Sep 2025TranscriptAI SummaryPPT
-
May 2025TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
Business Profile[1]
The company specializes in infrastructure development in challenging terrains like Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh, Arunachal Pradesh, Gujarat, and Odisha. It focuses on EPC and HAM contracts, with expertise in road & bridge construction, tunnel construction, slope stabilization, and civil projects such as government housing, flood control, drainage, and irrigation.