Key Quantitative Figures - Standalone (₹ in Lakhs)

Income Statement

  • Revenue from Operations: Q2 FY27: ₹25,751.56; Q1 FY27: ₹15,031.54; Q2 FY26: ₹19,152.10; H1 FY27: ₹40,783.10; H1 FY26: ₹33,461.45; FY26: ₹84,971.17
  • Other Income: Q2 FY27: ₹425.08; Q1 FY27: ₹47.10; Q2 FY26: ₹122.72; H1 FY27: ₹472.18; H1 FY26: ₹281.99; FY26: ₹667.45
  • Total Income: Q2 FY27: ₹26,176.64; Q1 FY27: ₹15,078.64; Q2 FY26: ₹19,274.82; H1 FY27: ₹41,255.29; H1 FY26: ₹33,743.44; FY26: ₹85,638.62
  • Profit Before Tax (PBT): Q2 FY27: ₹3,216.80; Q1 FY27: ₹1,912.46; Q2 FY26: ₹2,470.25; H1 FY27: ₹5,129.26; H1 FY26: ₹4,316.30; FY26: ₹11,674.69
  • Tax Expense:
  • Current Tax: Q2 FY27: ₹809.60; Q1 FY27: ₹481.33; Q2 FY26: ₹494.05; H1 FY27: ₹1,290.93; H1 FY26: ₹863.26; FY26: ₹2,703.77
  • Deferred Tax: Q2 FY27: ₹100.11; Q1 FY27: -₹162.67; Q2 FY26: ₹31.83; H1 FY27: -₹62.56; H1 FY26: ₹202.71; FY26: ₹413.00
  • Profit After Tax (PAT): Q2 FY27: ₹2,307.08; Q1 FY27: ₹1,593.80; Q2 FY26: ₹1,944.37; H1 FY27: ₹3,900.89; H1 FY26: ₹3,250.33; FY26: ₹8,557.91
  • Earnings Per Share (EPS):
  • Basic & Diluted: Q2 FY27: ₹10.06; Q1 FY27: ₹6.95; Q2 FY26: ₹8.47; H1 FY27: ₹17.00; H1 FY26: ₹14.17; FY26: ₹37.30
  • Paid-up Equity Share Capital: ₹2,294.42 lakhs (unchanged across all periods)

Balance Sheet (Standalone) as of 30.09.2026 vs 31.03.2026 (₹ in Lakhs)

  • Total Assets: ₹76,078.03 (₹68,906.76 as of 31.03.2026)
  • Non-Current Assets: ₹33,324.64 (₹30,406.49)
  • Property, Plant and Equipment: ₹23,428.07 (₹20,727.00)
  • Investment Property: ₹1,524.74 (₹1,315.79)
  • Investments in Subsidiaries & Associates: ₹8,121.06 (₹8,119.38)
  • Current Assets: ₹42,753.39 (₹38,500.28)
  • Inventories: ₹2,267.49 (₹4,611.21)
  • Trade Receivables: ₹241.86 (₹3,769.77)
  • Cash and Cash Equivalents: ₹332.17 (₹2,500.34)
  • Other Bank Balances: ₹10,244.87 (₹9,095.57)
  • Other Financial Assets: ₹27,858.91 (₹15,763.88)
  • Total Equity: ₹39,091.08 (₹35,190.19)
  • Equity Share Capital: ₹2,294.42 (₹2,294.42)
  • Other Equity: ₹36,796.66 (₹32,895.77)
  • Non-Current Liabilities: ₹4,474.21 (₹5,721.69)
  • Borrowings: ₹3,386.69 (₹3,420.05)
  • Deferred Tax Liabilities: ₹391.51 (₹454.07)
  • Current Liabilities: ₹32,512.74 (₹27,994.89)
  • Borrowings: ₹10,852.68 (₹9,643.94)
  • Trade Payables: ₹18,944.21 (₹14,854.77)
  • Current Tax Liabilities: ₹2,090.41 (₹2,539.59)

Cash Flow Statement (Standalone) for H1 FY27 (₹ in Lakhs)

  • Net Cash from Operating Activities: ₹2,442.18
  • Net Cash used in Investing Activities: -₹4,826.15
  • Net Cash from Financing Activities: ₹215.80
  • Net decrease in Cash: -₹2,168.17
  • Cash and Equivalents at period end: ₹332.17

Key Quantitative Figures - Consolidated (₹ in Lakhs)

Income Statement

  • Revenue from Operations: Q2 FY27: ₹30,350.12; Q1 FY27: ₹19,626.20; Q2 FY26: ₹20,622.10; H1 FY27: ₹49,976.32; H1 FY26: ₹34,861.75; FY26: ₹1,02,557.33
  • Other Income: Q2 FY27: ₹443.89; Q1 FY27: ₹92.30; Q2 FY26: ₹131.30; H1 FY27: ₹536.19; H1 FY26: ₹290.59; FY26: ₹874.79
  • Total Income: Q2 FY27: ₹30,794.00; Q1 FY27: ₹19,718.50; Q2 FY26: ₹20,753.40; H1 FY27: ₹50,512.51; H1 FY26: ₹35,152.34; FY26: ₹1,03,432.11
  • Profit Before Tax (PBT): Q2 FY27: ₹4,156.45; Q1 FY27: ₹2,427.39; Q2 FY26: ₹2,571.12; H1 FY27: ₹6,583.85; H1 FY26: ₹4,392.26; FY26: ₹15,098.53
  • Tax Expense:
  • Current Tax: Q2 FY27: ₹1,039.19; Q1 FY27: ₹619.63; Q2 FY26: ₹531.33; H1 FY27: ₹1,658.82; H1 FY26: ₹906.79; FY26: ₹3,568.46
  • Deferred Tax: Q2 FY27: ₹113.10; Q1 FY27: -₹163.49; Q2 FY26: ₹31.83; H1 FY27: -₹50.38; H1 FY26: ₹202.71; FY26: ₹429.20
  • Profit After Tax (PAT): Q2 FY27: ₹3,004.16; Q1 FY27: ₹1,971.25; Q2 FY26: ₹2,007.96; H1 FY27: ₹4,975.41; H1 FY26: ₹3,282.77; FY26: ₹11,101.80
  • Share of Profit/(Loss) of Joint Venture: Q2 FY27: -₹0.25; Q1 FY27: -₹0.65; H1 FY27: -₹0.90; FY26: ₹0.62
  • Total Comprehensive Income: Q2 FY27: ₹3,003.91; Q1 FY27: ₹1,970.60; Q2 FY26: ₹2,007.96; H1 FY27: ₹4,974.51; H1 FY26: ₹3,282.77; FY26: ₹11,102.41
  • Earnings Per Share (EPS):
  • Basic & Diluted: Q2 FY27: ₹13.09; Q1 FY27: ₹8.59; Q2 FY26: ₹8.75; H1 FY27: ₹21.68; H1 FY26: ₹14.31; FY26: ₹48.39
  • Paid-up Equity Share Capital: ₹2,294.42 lakhs (unchanged across all periods)

Balance Sheet (Consolidated) as of 30.09.2026 vs 31.03.2026 (₹ in Lakhs)

  • Total Assets: ₹1,02,096.82 (₹99,454.88 as of 31.03.2026)
  • Non-Current Assets: ₹31,541.59 (₹27,585.49)
  • Property, Plant and Equipment: ₹24,947.87 (₹21,570.90)
  • Right of use assets: ₹75.27 (₹89.39)
  • Investment Property: ₹1,524.74 (₹1,315.79)
  • Other Intangible Assets: ₹2,249.46 (₹2,249.46)
  • Investments in Subsidiaries & Associates: ₹1,970.02 (₹1,970.02)
  • Current Assets: ₹70,555.23 (₹71,869.39)
  • Inventories: ₹3,890.86 (₹5,443.26)
  • Trade Receivables: ₹611.93 (₹9,200.96)
  • Cash and Cash Equivalents: ₹1,280.47 (₹6,859.49)
  • Other Bank Balances: ₹12,188.95 (₹11,547.79)
  • Other Financial Assets: ₹45,818.97 (₹31,383.30)
  • Total Equity: ₹46,264.55 (₹41,289.98)
  • Equity Share Capital: ₹2,294.42 (₹2,294.42)
  • Other Equity: ₹39,785.95 (₹34,815.58)
  • Non Controlling Interest (NCI): ₹4,184.18 (₹4,179.97)
  • Non-Current Liabilities: ₹10,315.02 (₹6,923.48)
  • Borrowings: ₹3,452.17 (₹3,693.98)
  • Trade Payables: ₹3,704.72 (₹1,785.96)
  • Deferred Tax Liabilities: ₹397.80 (₹448.73)
  • Current Liabilities: ₹45,517.25 (₹51,241.43)
  • Borrowings: ₹11,373.21 (₹9,652.92)
  • Trade Payables: ₹27,332.63 (₹34,523.69)
  • Current Tax Liabilities: ₹3,359.88 (₹3,642.77)

Cash Flow Statement (Consolidated) for H1 FY27 (₹ in Lakhs)

  • Net Cash used in Operating Activities: -₹474.56
  • Net Cash used in Investing Activities: -₹5,501.74
  • Net Cash from Financing Activities: ₹397.28
  • Net decrease in Cash: -₹5,579.02
  • Cash and Equivalents at period end: ₹1,280.47

Subsidiaries and Joint Ventures

The consolidated results include the following entities:

  • Subsidiaries: SP Mangal Murti Enterprises Private Limited (Wholly Owned), Loran Valley Power Projects Private Limited, Maccaferri Infrastructure Private Limited, ECI SRM Projects, SRM Rajinder Projects, Kapahi SRM Projects, SRM RSB Projects
  • Joint Ventures: SAI SRM Projects

The interim financial information of subsidiaries reflects Total Revenues of ₹3,018.69 lakh for Q2 FY27 and ₹6,465.98 lakh for H1 FY27, with Net Profit After Tax of ₹192.28 lakh for Q2 FY27 and ₹204.12 lakh for H1 FY27.

Approval and Review Process

The Board meeting commenced at 6.30 P.M. and concluded at 7.30 P.M. on 14th November 2026. The Audit Committee reviewed the results on the same date. The Statutory Auditors, M/s Rohit Kc Jain & Co. (FRN No. 020422N), have carried out a Limited Review under Regulation 33 of SEBI LODR Regulations and issued an unmodified opinion.

Regulatory and Accounting Framework

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act, 2013. The company operates in a single segment as per Ind AS 108. Previous periods' figures have been regrouped for comparability.