Document Overview

RPP Infra Projects Limited filed two regulatory disclosures covering its 31st Annual General Meeting notice with Annual Report for FY 2025-26 and audited consolidated financial statements for the year ended March 31, 2026, in compliance with Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

Consolidated Results:

  • Revenue from operations: ₹1,495.10 crore (FY25: ₹1,439.43 crore)
  • Profit before tax: ₹13.54 crore (FY25: ₹85.80 crore)
  • Profit after tax: ₹7.45 crore (FY25: ₹65.29 crore) - 89% decline
  • Earnings per share (Basic): ₹1.50 (FY25: ₹14.55)

Standalone Results:

  • Revenue from operations: ₹1,478.77 crore (FY25: ₹1,431.55 crore)
  • Profit after tax: ₹7.79 crore (FY25: ₹65.47 crore)

AGM Details

  • Meeting Date: September 25, 2026 at 12:15 PM IST
  • Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Record Date: September 18, 2026
  • Remote E-Voting: September 22-24, 2026 via CDSL

Business to be Transacted

Ordinary Business:

1. Adoption of Standalone and Consolidated Audited Financial Statements for FY26

2. Re-appointment of Mrs. A Nithya (DIN: 00125357) who retires by rotation

Special Business:

3. Ratification of remuneration payable to Cost Auditors M/s. Ravichandran Bhagyalakshmi and Associates for FY 2026-27 (₹1,20,000 plus taxes)

Operational Performance

  • New Orders in FY26: ₹2,470.14 crore
  • Unexecuted Order Value: ₹3,750.83 crore (39 projects)
  • Segment Mix: Infrastructure (84.86%), Water Management (14.81%), Buildings (0.33%)
  • No dividend declared for FY 2025-26 to conserve resources

Financial Position & Key Disclosures

Balance Sheet (Consolidated):

  • Total assets: ₹1,034.91 crore (FY25: ₹953.45 crore)
  • Total equity: ₹534.93 crore (FY25: ₹529.87 crore)
  • Current ratio: 1.56 (FY25: 1.67)
  • Debt-equity ratio: 0.19 (FY25: 0.07)

Contingent Liabilities: ₹504.28 crore comprising:

  • Counter indemnities to banks: ₹326.64 crore
  • Income tax appeals: ₹109.11 crore
  • GST appeals: ₹58.20 crore
  • Service tax appeals: ₹10.33 crore

Impairment Losses: ₹0.89 crore recognized on overseas subsidiaries (RPP Infra Overseas PLC and RPP Lanka Limited)

Related Party Transactions

Significant transactions include:

  • Purchases from Repplen Projects Private Limited: ₹370.90 crore
  • Sales to Sathyamoorthy RPP JV: ₹72.15 crore
  • Sales to Repplen Projects Private Limited: ₹23.70 crore
  • Outstanding due to Repplen Projects: ₹72.73 crore (swing from due from ₹6.12 crore in FY25)

Regulatory & Compliance Matters

  • BSE imposed monetary penalty of ₹29,500 for delay in dissemination of disclosure
  • No proceedings under Benami Transactions Act
  • Not declared wilful defaulter by any bank/financial institution
  • CSR requirement fully met with ₹1.42 crore spent

Risk Factors & Outlook

Identified risks include project execution risk, completion schedule risk, cost overruns, macroeconomic policy risk, and client concentration. The company expects improved performance in coming years as new projects progress to normal execution levels, supported by a strong order pipeline providing revenue visibility.