Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year Ended March 31, 2026 (FY26)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 read with Regulation 33 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: Friday, 29th May 2026 (2:30 PM to 6:30 PM)
Audit Opinion: Unmodified Opinion (Clean)
Auditor’s Comment: Emphasis of Matter paragraph regarding dues aggregating to ₹136.33 crore relating to the Kaleswaram Package 4 Irrigation Project. Management is fully confident of recovery.
Key Financial Highlights [₹ in Lakhs]
Standalone Results:
Revenue from Operations (Q4 FY26): ₹53,533.15
Total Income (Q4 FY26): ₹56,427.69
Net Profit (Q4 FY26): ₹1,922.84
EPS (Q4 FY26): ₹0.68
Other Equity (as at Mar 31, 2026): ₹3,99,854.68
Cash and Cash Equivalents (as at Mar 31, 2026): ₹7,069.99
Debt: Not explicitly disclosed in a single line item. Financial liabilities (current & non-current) stand at ₹79,484.08 + ₹2,35,493.32 in the consolidated statement.
Standalone Results (Full Year FY26):
Revenue from Operations (FY26): ₹2,09,671.53
Total Income (FY26): ₹2,16,065.84
Net Profit (FY26): ₹11,606.22
EPS (FY26): ₹4.13
Consolidated Results:
Revenue from Operations (Q4 FY26): ₹97,521.00
Total Income (Q4 FY26): ₹1,00,050.71
Net Profit (FY26) attributable to shareholders: ₹43,707.61
EPS (FY26): ₹15.54
Other Equity (as at Mar 31, 2026): ₹4,91,574.25
Cash and Cash Equivalents (as at Mar 31, 2026): ₹18,642.59
Consolidated Results (Full Year FY26):
Revenue from Operations (FY26): ₹4,75,316.64
Total Income (FY26): ₹5,06,885.49
Net Profit after tax (FY26): ₹1,02,061.43
Net Profit attributable to shareholders (FY26): ₹43,707.61
Segment-wise Performance:
The Group is primarily engaged in a single operating segment: "Construction and Engineering activities".
Corporate Actions:
Recommended a final dividend of ₹0.25 per equity share of face value ₹2 each for FY26, subject to approval by shareholders at the ensuing Annual General Meeting. The record date will be intimated in due course.
Other Significant Information:
- For Q4 FY26, the company recognized claims of ₹16,297.36 lakhs from clients on settlement. Consequently, a provision of ₹13,552.14 lakhs was made in the standalone results due to revised cost estimates on some projects.
- Significant exposure to the Kaleswaram Package 4 Irrigation Project in Telangana: Trade receivables, retention amounts, and unbilled amounts include ₹1,36,331.90 lakhs as of March 31, 2026 (₹1,14,480.28 lakhs as of March 31, 2025). Collections have been stalled since March 2023. An Allowance for Expected Credit Loss (ECL) of ₹2,792.26 lakhs has been provided for this project.
- The consolidated results include the financials of 17 joint operations, 16 subsidiaries, 2 associates, and 1 joint venture.