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 ₹ 1,317 Cr.
- Current Price ₹ 574
- High / Low ₹ 585 / 255
- Stock P/E 22.4
- Book Value ₹ 116
- 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 SmallCap 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 | 615 | |
| 76 | 144 | 234 | 262 | 301 | 445 | 523 | |
| Operating Profit | 11 | 18 | 30 | 38 | 42 | 81 | 92 |
| OPM % | 12% | 11% | 11% | 13% | 12% | 15% | 15% |
| 1 | 0 | 1 | 1 | 3 | 7 | 7 | |
| Interest | 2 | 2 | 3 | 6 | 6 | 8 | 7 |
| Depreciation | 4 | 5 | 6 | 8 | 9 | 14 | 13 |
| Profit before tax | 5 | 10 | 23 | 25 | 30 | 67 | 79 |
| Tax % | 29% | 25% | 20% | 25% | 26% | 25% | |
| 4 | 8 | 18 | 19 | 22 | 50 | 59 | |
| EPS in Rs | 240.47 | 509.86 | 1,202.37 | 11.44 | 13.24 | 21.86 | 25.59 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 26% |
| TTM: | 73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 40% |
| TTM: | 148% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 115% |
| 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 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 17 | 17 | 23 |
| Reserves | 17 | 25 | 43 | 47 | 108 | 243 |
| 24 | 34 | 34 | 47 | 48 | 41 | |
| 42 | 53 | 41 | 26 | 58 | 88 | |
| Total Liabilities | 85 | 113 | 120 | 136 | 231 | 395 |
| 24 | 31 | 30 | 41 | 46 | 79 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 2 | 7 | 3 | 8 |
| 57 | 78 | 87 | 88 | 181 | 309 | |
| Total Assets | 85 | 113 | 120 | 136 | 231 | 395 |
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)-Award_of_Order_Receipt_of_Order
12h - Awarded Rs 155.02 Crore MSIDC road EPC contract; 18-month execution period.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Oct - Of schedule in relation to Analysts/ Institutional Investors Meetings
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - AGM 29 Sep 2025: approved director re-designations, new MD, group chairman, increased borrowings, IPO proceeds reallocation, material RPTs.
- Closure of Trading Window 30 Sep
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.