MarketFriction

SRM Contractors Ltd

NSE SRM · BSE 544158 · Civil Construction
₹398.75 -1.40%
NSE close2026-10-01
52 week range361.35 - 649.95
Market cap₹936 Cr.
P/E7.93
IPO 2024 · +90% since Price band 20% Delivery 51.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales108871085595150228142206231446196
Expenses9380954580128194122177187371158
Operating Profit14713101522342029447438
OPM %13%8%12%18%16%15%15%14%14%19%17%19%
Other Income62-0133721051
Interest213222212245
Depreciation2232336235610
Profit before tax175761421331826377024
Tax %24%25%13%24%25%25%27%30%22%35%22%19%
Net Profit134651016241320245420
EPS in Rs7.692.333.682.084.516.9710.505.568.7510.5023.588.59
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1602643003425281,0261,079
Expenses144233262301447857893
Operating Profit1730384282168186
OPM %10%11%13%12%15%16%17%
Other Income22081498
Interest23668913
Depreciation5689141724
Profit before tax1123253574151157
Tax %24%25%25%22%26%26%
Net Profit818192755111118
EPS in Rs543.361,154.4011.2016.1123.9748.3951.42
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%45%51%75%
Compounded Profit Growth%68%81%87%
Stock Price CAGR%%%-25%
Return on Equity%32%31%34%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2217172323
Reserves254347113253348
Borrowings3232474841135
Other Liabilities5444265891489
Total Liabilities112120136235408995
Fixed Assets3231414680252
CWIP000000
Investments42781920
Other Assets768788181309722
Total Assets112120136235408995
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14102114192
Cash from Investing Activity-13-6-23-14-46-182
Cash from Financing Activity5-353979130
Net Cash Flow514403440
Free Cash Flow3435-45-91
CFO/OP101%49%56%52%25%62%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days512219332733
Inventory Days151717398231
Days Payable13954194666197
Cash Conversion Cycle-72-14172743-133
Working Capital Days-121826456829
ROCE %38%33%28%33%37%
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.92%72.92%72.92%72.92%72.48%72.39%72.59%72.59%72.59%
FIIs2.49%0.28%0.09%0.04%0.17%0.16%0.05%0.43%0.10%
DIIs4.81%4.81%4.32%3.45%2.42%1.52%1.26%1.11%0.25%
Public19.78%21.99%22.68%23.59%24.93%25.93%26.10%25.87%27.07%
No. of Shareholders29,71919,64118,66817,19320,52822,08620,53420,28722,179

Fundamentals

Market Cap₹ 936 Cr.
Current Price₹ 408
Stock P/E7.93
Book Value₹ 162
ROCE37.1 %
ROE34.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)75%
Compounded Profit Growth (TTM)87%
Consolidated figures.
Valuation
Market capRs 914 Cr
Enterprise valueRs 929 Cr
P/E (TTM)7.74x
Price to book20.58x
Price to sales0.85x
EV / EBITDA4.78x
EV / EBIT5.47x
EV / sales0.86x
Price to cash flow93.91x
Earnings yield12.91%
Profitability
Operating margin (excl. other income)11.44%
Operating margin (incl. other income)12.16%
EBITDA margin17.98%
Pre-tax margin14.55%
Net profit margin10.93%
Net margin, latest quarter10.04%
ROE49.32%
ROCE38.45%
ROA15.10%
ROIC (approx.)216.09%
Tax rate24.55%
Other income / net worth4.28%
Growth
Sales growth (latest year)64.69%
Profit growth (latest year)112.45%
Sales growth QoQ-55.97%
Profit growth QoQ-63.57%
Sales growth YoY (latest quarter)37.82%
Profit growth YoY (latest quarter)54.59%
Per share
EPS (TTM)Rs 51.49
EPS (latest year)Rs 1,154.25
EPS (latest quarter)Rs 8.60
Book value per shareRs 19.38
Sales per shareRs 471.04
Cash flow per shareRs 4.25
Free cash flow per shareRs -39.71
Efficiency
Asset turnover2.19x
Fixed asset turnover8.55x
Inventory turnover26.38x
Inventory days14 days
Debtor days22 days
Debtors turnover16.26x
Creditor days197 days
Cash conversion cycle-133 days
Working capital days29 days
Leverage
Total debtRs 32 Cr
Cash and bankRs 17 Cr
Net debtRs 15 Cr
Debt to equity0.71x
Net debt / EBITDA0.08x
Interest coverage13.34x
Current ratio (filing 2026-03-31)1.59x
Quick ratio (filing 2026-03-31)1.47x
Trade payables (filing 2026-03-31)Rs 345 Cr
Owners' fund to total sources36.94%
Debt to assets26.22%
Cash flow
Cash from Operating Activity (latest year)Rs 10 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -91 Cr
FCFE (approx.: FCF + change in debt)Rs -91 Cr
Cash from ops / profit, 5 years0.60x
Sales to cash flow27.09x
Statement figures
Net sales (TTM)Rs 1,079 Cr
Net sales (latest year)Rs 264 Cr
Sales (latest quarter)Rs 196 Cr
Operating profit excl. other income (latest year)Rs 30 Cr
Operating profit (latest quarter)Rs 38 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 194 Cr
PBDT (TTM)Rs 181 Cr
Profit before tax (TTM)Rs 157 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 118 Cr
Net profit (latest year)Rs 18 Cr
Net profit (latest quarter)Rs 20 Cr
Depreciation (TTM)Rs 24 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 222 Cr
Total expenditure (latest year)Rs 233 Cr
Total income (latest year)Rs 266 Cr
Share capitalRs 2 Cr
ReservesRs 43 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 120 Cr
Net blockRs 31 Cr
InvestmentsRs 2 Cr
ReceivablesRs 16 Cr
InventoryRs 8 Cr
Other liabilitiesRs 44 Cr
Shares outstanding (crore)2.29
Ownership
Promoter holding72.59% (+0.11 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodSRMNifty 50Difference
1 week-4.8%-2.8% -2.1 pts
1 month-10.9%-6.8% -4.1 pts
3 months-21.8%-7.6% -14.2 pts
6 months+3.9%+0.4% +3.5 pts
1 year-28.3%-9.9% -18.3 pts
2 years+39.1%-13.6% +52.7 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹196 Cr +38.0% vs Jun 2025. Net profit ₹20 Cr +53.8%.
Against our estimate for Jun 2026: sales -13.7%, profit -12.4% in line. Our estimate for Sep 2026: sales Rs 330 Cr, profit Rs 34 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-23Annual General Meeting
DateTypeWhat it says
2026-09-30Change in ManagementChange in Management
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-23General UpdatesGeneral Updates
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-05Board meeting outcomeOutcome of Board Meeting held on September 05, 2026.
2026-08-25General UpdatesGeneral Updates
2026-08-20General UpdatesGeneral Updates
2026-08-19Concall / analyst meetSchedule of meet
2026-08-19Credit Rating- OthersCredit Rating- Others
2026-08-14Investor PresentationInvestor Presentation
2026-08-13Board meeting outcomeSRM Contractors Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-25General UpdatesGeneral Updates
2026-07-02Credit Rating- RevisionCredit Rating- Revision
2026-06-30General UpdatesBagging of Contracts
2026-06-15Disclosure under SEBI TakeovSanjay Mehta has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
2026-06-08Concall / analyst meetSchedule of meet
2026-06-02Concall / analyst meetTranscript
2026-05-28Concall / analyst meetLink of Recording
2026-05-27Investor PresentationInvestor Presentation
2026-05-26Board meeting outcomeSRM Contractors Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-25Concall / analyst meetSchedule of meet
2026-05-14Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-04-28Press ReleaseA press release dated April 28, 2026, titled "Press Release (SRM Contractors Limited Conferred with Rashtriya Ratna Samman 2026 for EPCContractor of...
2026-04-24General UpdatesGeneral Updates
2026-04-15General UpdatesBagging of Contract
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of SRM Contractors Ltd?

SRM Contractors Ltd (SRM) has a market capitalisation of Rs 936 Cr. at the 2026-10-01 close.

What is the P/E ratio of SRM Contractors Ltd?

SRM Contractors Ltd trades at a P/E of 7.93 on trailing twelve-month profit, at the 2026-10-01 close.

What were SRM Contractors Ltd's latest quarterly results?

In the Jun 2026 quarter, SRM Contractors Ltd sales was Rs 196 Cr (+38.0% vs Jun 2025) and net profit was Rs 20 Cr.

What is the 52-week high and low of SRM Contractors Ltd?

The 52-week high is Rs 649.95 and the 52-week low is Rs 361.35.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03