SRM

SRM Contractors share price & financials

Price
₹489.75
Market cap
₹1.0k Cr
Sector
Construction
Calls analysed
3
Latest concall · Q4 FY26 · call held 27 May 2026

SRM Contractors Q4 FY26

FY26 Revenue ₹1,026 cr +94%FY26 EBITDA ₹95 cr +86%FY26 EBITDA Margin 8.1% FY26 PAT ₹111 cr +102%

What went well

  • Q4 FY26 Revenue of INR 446 crore, up 96% YoY.
  • Q4 FY26 PAT of INR 54 crore, up 120% YoY.
  • FY26 EBITDA margin at 8.1%, with PAT margin at 10.8%.

What to watch

  • Jump in Cost of Goods Sold (COGS) in Q4 FY26, though management attributed it to revenue growth and reclassification.
  • No HAM projects secured to date despite bidding.
Read the full call →

Guidance record · Q4 FY26

what the last two calls moved 14 tracked 2 delivered 4 missed 8 open
  • Consolidated Revenue delivered, diluted said Q2 FY26 Promised: INR 1,100-1,200 crores Q4 FY26: Achieved INR 1,026 crore for FY26, meeting the revised guidance of 'INR 1,000 plus' but missing the original target.
  • EBITDA Margin missed said Q2 FY26 Promised: 18-20% Q4 FY26: Achieved FY26 EBITDA margin of 8.1%, significantly missing the guided 18-20% range and the maintained 19% trend.
  • Consolidated Revenue revised up said Q2 FY26 Promised: INR 2,000-2,200 crores Q4 FY26: Guidance updated to a range of INR 1,500-1,750 crores, raising the upper end from the previous quarter's guidance.

All 14 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 4.9%, net profit up 23.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue95 150 227 143 192 +102%203 +35%312 +37%150 +5%
EBITDA15 23 34 21 28 +87%37 +61%50 +47%33 +57%
Net profit9 14 23 13 19 +111%19 +36%34 +48%16 +23%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −12.9% 1Y

₹400₹500₹600Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 16 Feb 2026Q4 FY26 — 27 May 2026

1Y: ₹504.15 on 10 Sept 2025 → ₹439.35. High ₹634.1 (14 Nov 2025), low ₹373.7 (11 Mar 2026).

How the price took the results

close before → close after

Q4 FY26
+1.7%
27 May
Q3 FY26
+9.5%
16 Feb
Q2 FY26
+9.4%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 57.4% a year over 2 years, FY24 to FY26. Operating margin widened to 16.0%.

Year endingFY24FY25FY26
Revenue₹343 Cr₹526 Cr₹850 Cr
Operating profit₹42 Cr₹82 Cr₹136 Cr
Operating margin12.2%15.6%16.0%
Interest₹6 Cr₹8 Cr₹9 Cr
Depreciation₹9 Cr₹13 Cr₹15 Cr
Net profit₹22 Cr₹51 Cr₹85 Cr
Net margin6.4%9.7%10.0%
Cash from operations₹14 Cr₹1 Cr₹137 Cr
Free cash flow₹5 Cr₹-44 Cr₹-15 Cr
ROCE25.0%31.0%32.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹2 Cr₹2 Cr₹17 Cr₹17 Cr₹23 Cr₹23 Cr
Reserves₹25 Cr₹43 Cr₹47 Cr₹108 Cr₹276 Cr₹329 Cr
Borrowings₹34 Cr₹34 Cr₹47 Cr₹48 Cr₹60 Cr₹131 Cr
Other liabilities₹53 Cr₹41 Cr₹26 Cr₹58 Cr₹97 Cr₹206 Cr
Total liabilities₹113 Cr₹120 Cr₹136 Cr₹231 Cr₹455 Cr₹689 Cr
Fixed assets₹31 Cr₹30 Cr₹41 Cr₹46 Cr₹122 Cr₹220 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹4 Cr₹2 Cr₹7 Cr₹3 Cr₹26 Cr₹81 Cr
Other assets₹78 Cr₹87 Cr₹88 Cr₹181 Cr₹307 Cr₹387 Cr
Total assets₹113 Cr₹120 Cr₹136 Cr₹231 Cr₹455 Cr₹689 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −2.17 pp while the public added +2.14 pp. The shareholder count grew 8% to 22,179.

Promoters
72.6%
FIIs
0.1%
DIIs
0.3%
Public
27.1%

Since Jun 2025

  • DIIs −2.17 pp
  • Public +2.14 pp
  • Promoters +0.11 pp

How it drifted, 9 quarters

Over this window the public went from 19.8% to 27.1% — +7.3 pp.

Jun '24Jun '25Jun '26

Ownership split by quarter, oldest first. Jun '24: Promoters 72.9%, FIIs 2.5%, DIIs 4.8%, Public 19.8%.Sep '24: Promoters 72.9%, FIIs 0.3%, DIIs 4.8%, Public 22.0%.Dec '24: Promoters 72.9%, FIIs 0.1%, DIIs 4.3%, Public 22.7%.Mar '25: Promoters 72.9%, FIIs 0.0%, DIIs 3.5%, Public 23.6%.Jun '25: Promoters 72.5%, FIIs 0.2%, DIIs 2.4%, Public 24.9%.Sep '25: Promoters 72.4%, FIIs 0.2%, DIIs 1.5%, Public 25.9%.Dec '25: Promoters 72.6%, FIIs 0.1%, DIIs 1.3%, Public 26.1%.Mar '26: Promoters 72.6%, FIIs 0.4%, DIIs 1.1%, Public 25.9%.Jun '26: Promoters 72.6%, FIIs 0.1%, DIIs 0.3%, Public 27.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of SRM Contractors Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Sanjay Mehta 62.02%unchanged
Aleena Mehta 3.49%unchanged
Ashley Mehta 3.40%unchanged
Kavita Sharma 3.12%unchanged
Puneet Pal Singh 0.56%unchanged
Rajesh Sharma 0.00%unchanged
Ratna Sharma 0.00%unchanged
Mohan Singh 0.00%unchanged
Vishal Mehta 0.00%unchanged
Kamal Mehta 0.00%unchanged
Grammang Hydel Projects Llp 0.00%unchanged
Revya Technologies Llp 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (3)

Read the Q4 FY26 call →

Learn to analyse SRM Contractors Limited

Guides on how to read this kind of business and the numbers that matter.