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 ₹ 1,210 Cr.
- Current Price ₹ 526
- High / Low ₹ 652 / 293
- Stock P/E 14.9
- Book Value ₹ 130
- Dividend Yield 0.00 %
- ROCE 33.2 %
- ROE 27.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 46.4 days to 67.8 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 160 | 264 | 300 | 342 | 528 | 807 | |
| 144 | 233 | 262 | 301 | 447 | 680 | |
| Operating Profit | 17 | 30 | 38 | 42 | 82 | 128 |
| OPM % | 10% | 11% | 13% | 12% | 15% | 16% |
| 2 | 2 | 0 | 8 | 14 | 10 | |
| Interest | 2 | 3 | 6 | 6 | 8 | 7 |
| Depreciation | 5 | 6 | 8 | 9 | 14 | 17 |
| Profit before tax | 11 | 23 | 25 | 35 | 74 | 114 |
| Tax % | 24% | 25% | 25% | 22% | 26% | |
| 8 | 18 | 19 | 27 | 55 | 81 | |
| EPS in Rs | 543.36 | 1,154.40 | 11.20 | 16.11 | 23.97 | 35.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 98% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | 117% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 65% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 29% |
| Last Year: | 27% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 17 | 17 | 23 | 23 |
| Reserves | 25 | 43 | 47 | 113 | 253 | 276 |
| 32 | 32 | 47 | 48 | 41 | 60 | |
| 54 | 44 | 26 | 58 | 91 | 158 | |
| Total Liabilities | 112 | 120 | 136 | 235 | 408 | 516 |
| 32 | 31 | 41 | 46 | 80 | 123 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 2 | 7 | 8 | 19 | 19 |
| 76 | 87 | 88 | 181 | 309 | 375 | |
| Total Assets | 112 | 120 | 136 | 235 | 408 | 516 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 14 | 10 | 21 | 14 | 1 | |
| -13 | -6 | -23 | -14 | -46 | |
| 5 | -3 | 5 | 39 | 79 | |
| Net Cash Flow | 5 | 1 | 4 | 40 | 34 |
| Free Cash Flow | 3 | 4 | 3 | 5 | -45 |
| CFO/OP | 101% | 49% | 56% | 52% | 25% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 51 | 22 | 19 | 33 | 27 |
| Inventory Days | 15 | 17 | 17 | 39 | 82 |
| Days Payable | 139 | 54 | 19 | 46 | 66 |
| Cash Conversion Cycle | -72 | -14 | 17 | 27 | 43 |
| Working Capital Days | -12 | 18 | 26 | 45 | 68 |
| ROCE % | 38% | 33% | 28% | 33% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Order Book INR Crores |
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| Book to Bill Ratio Ratio ・Standalone data |
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| Collection Period Days ・Standalone data |
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| Operating Cycle Days ・Standalone data |
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| Number of Infrastructure Projects Executed (Cumulative) Number ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
6h - SRM Contractors received Rashtriya Ratna Samman 2026 as EPC Contractor of the Year.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Administrative Warning Letter Received From SEBI
24 Apr - SEBI issued an administrative warning letter for missing prior approval on related-party transactions in FY2024-25.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
15 Apr - SRM Contractors won NHAI and PWD Maharashtra contracts totaling Rs. 168 crore for road works.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
4 Apr - SRM Contractors won Rs. 483 crore MSIDC contract for Nashik Ring Road package, to execute in 12 months.
Annual reports
Concalls
-
Feb 2026Transcript PPT
-
Nov 2025Transcript PPT REC
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Sep 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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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.