SRM Contractors Ltd (NSE:SRM)
₹ 499.8 +6.6 (+1.34%) Market Cap: 11.45 Bil Enterprise Value: 8.24 Bil PE Ratio: 10.31 PB Ratio: 3.08 GF Score: 51/100

Q3 2026 SRM Contractors Ltd Earnings Call Transcript

Feb 16, 2026 / 06:30 AM GMT
Release Date Price: ₹429.05 (+9.45%)

Key Points

Positve
  • SRM Contractors Ltd (NSE:SRM) achieved a significant operational milestone by completing India's longest high-altitude precast cut and cover tunnel, the Hoke Tunnel.
  • The company received the ET Infra Leadership Award 2025 for excellence in border, remote, and hilly region infrastructure.
  • SRM Contractors Ltd (NSE:SRM) reported a 50% year-over-year revenue growth and a 51% increase in EPS for Q3 FY26.
  • The company has a robust bid pipeline of over 4,000 crores, providing strong visibility for future projects.
  • SRM Contractors Ltd (NSE:SRM) is expanding its geographical footprint across India and internationally, with new projects in Maharashtra, Gujarat, and potential opportunities in the GCC and Africa.
Negative
  • The order book remained flat, with expectations of new orders not yet materialized.
  • There is uncertainty regarding the finalization of international projects, as they are still in negotiation stages.
  • The company has not included any international expansion projects in its current projections.
  • The working capital cycle for MIPL, a subsidiary, was previously high due to private sector projects, though it has improved with a shift to government projects.
  • SRM Contractors Ltd (NSE:SRM) is cautious about expanding its order book, focusing on projects with higher margins, which may limit immediate growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SRMC.NS - SRM Contractors Ltd
Q3 2026 SRM Contractors Ltd Earnings Call
Feb 16, 2026 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to SRM Contractors Limited Q3 FY26 earnings conference call hosted by Philip Capital Private Client Group. As a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions. After the presentation concludes, should you need assistance during the conference call, please signal an operator by pressing 0 on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Rutu Chawan.

Thank you and over to you, Mr. Chawan.

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Unidentified_2 [2]
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