SPML Infra Limited reported exceptional Q3FY26 results with revenue from operations growing 22.31% to ₹22,976.11 crores and profit after tax surging 96.67% to ₹2,047.15 crores. The company raised ₹7,625.31 crores through strategic equity issuances during the quarter, strengthening its capital structure for future growth initiatives.
SPML Infra Reports Strong Q3FY26 Results with 22% Revenue Growth and 97% Profit Surge
SPML Infra Limited delivered impressive financial performance in Q3FY26, demonstrating strong operational efficiency and revenue growth. The infrastructure company's latest results highlight significant improvements across key financial metrics, positioning it well for continued growth.
Financial Performance Overview
The company reported substantial growth in its quarterly performance, with revenue from operations reaching ₹22,976.11 crores in Q3FY26, marking a 22.31% increase from ₹18,785.82 crores in Q3FY25. Total income, including other income, stood at ₹23,113.60 crores compared to ₹19,186.18 crores in the previous year.
Financial Metric Q3FY26 Q3FY25 Growth (%) Revenue from Operations ₹22,976.11 crores ₹18,785.82 crores +22.31% Total Income ₹23,113.60 crores ₹19,186.18 crores +20.46% Profit Before Tax ₹2,047.15 crores ₹1,266.17 crores +61.69% Profit After Tax ₹2,047.15 crores ₹1,040.76 crores +96.67%
Profitability and Margins
SPML Infra's profitability metrics showed remarkable improvement during the quarter. The company achieved a profit after tax of ₹2,047.15 crores in Q3FY26, representing a substantial 96.67% increase from ₹1,040.76 crores in Q3FY25. Notably, the company reported zero current tax expense during the quarter, compared to ₹225.41 crores in the corresponding period last year.
Total expenses were well-controlled at ₹21,066.45 crores, with materials consumed and other construction expenses accounting for ₹18,665.58 crores. Employee benefits expense increased to ₹862.25 crores from ₹594.95 crores, reflecting business expansion and workforce growth.
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, SPML Infra maintained steady revenue performance with ₹57,795.33 crores compared to ₹58,537.13 crores in the previous year. However, profit after tax showed strong growth of 27.78% to ₹4,787.49 crores from ₹3,746.49 crores.
Nine-Month Metrics FY26 FY25 Change (%) Revenue from Operations ₹57,795.33 crores ₹58,537.13 crores -1.27% Profit After Tax ₹4,787.49 crores ₹3,746.49 crores +27.78% Basic EPS ₹6.62 ₹6.21 +6.60% Diluted EPS ₹5.91 ₹5.13 +15.20%
Capital Structure Enhancement
During Q3FY26, SPML Infra strengthened its capital base through strategic equity issuances. The company allotted 37,67,431 equity shares to promoter group entities at ₹118.56 per share, raising ₹4,466.67 crores. Additionally, 11,44,436 equity shares were issued to NARCL at ₹276 per share, generating ₹3,158.64 crores through loan conversion.
Equity Issuance Details Shares Allotted Price per Share Amount Raised Promoter Group Entities 37,67,431 ₹118.56 ₹4,466.67 crores NARCL (Loan Conversion) 11,44,436 ₹276.00 ₹3,158.64 crores Total 49,11,867 - ₹7,625.31 crores
The paid-up equity share capital increased to ₹1,618.47 crores from ₹1,507.45 crores in the previous year, reflecting the successful capital raising initiatives.
Earnings Per Share Performance
SPML Infra's earnings per share metrics demonstrated strong performance across both basic and diluted calculations. Basic EPS for Q3FY26 reached ₹2.77 compared to ₹1.26 in Q3FY25, while diluted EPS stood at ₹2.48 versus ₹1.09 in the corresponding quarter.
Regulatory Compliance and Governance
The company's unaudited financial results were reviewed by Maheshwari & Associates, Chartered Accountants, and approved by the Board of Directors on February 12, 2026. The results comply with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring transparency and regulatory adherence.
SPML Infra Limited has announced its quarterly earnings conference call to discuss the company's financial performance for Q3 & 9M FY26. The earnings call is scheduled for Monday, February 16, 2026 at 03:30 PM IST and will cover the performance for the quarter ended December 31, 2025.
Regulatory Compliance and Exchange Notification
The company has formally notified both BSE Limited and The National Stock Exchange of India Limited about the upcoming earnings call pursuant to Regulation 30(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Swati Agarwal, Company Secretary & Compliance Officer, on February 5, 2026.
Exchange Details: Information BSE Scrip Code: 500402 NSE Scrip Code: SPMLINFRA Notification Date: February 5, 2026 Call Date: February 16, 2026 Call Time: 03:30 PM IST
Management Participation
The earnings conference call will feature key members of the company's senior management team who will discuss the quarterly performance and address investor queries.
Management Participants: Designation Mr. Manoj Digga: Executive Director Commercial and Chief Financial Officer Mr. Arun Agarwal: VP-Finance & Accounts Mr. Samir Patel: Chief of Technology & Operations, BESS
Call Access and Registration Details
Participants interested in joining the earnings conference call must complete pre-registration to receive access details. The company has provided universal dial-in numbers for the call.
Call Access Information: Details Universal Dial-In Numbers: +91 22 6280 1557, +91 22 7115 8383 Pre-registration: Mandatory Access Details Delivery: Via registered email
Contact Information for Investors
For additional information regarding the earnings call, investors can reach out to the designated contact persons from both the company and its investor relations advisor.
SPML Infra Ltd. Contacts:
Mr. Kapil Joshi and Ms. Komal Agarwal
Email: investor.relations@spml.co.in
Go India Advisors Ltd. (Investor Relations Advisor):
Mrs. Saloni Ajmera: +91 9930577801, saloni@GoIndiaAdvisors.com
Ms. Selina Sheikh: +91 8433818768, selina@GoIndiaAdvisors.com
The earnings call information will also be made available on the company's official website at https://www.spml.co.in/ . This earnings announcement follows standard corporate governance practices and provides investors with an opportunity to gain insights into the company's quarterly financial performance and business developments.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.