SPML Infra, a stock held by veteran investor Vijay Kedia, saw a significant rally after reporting a massive 87% jump in net profit and securing new orders worth ₹1293 crore.

Key Takeaways

  • SPML Infra reported an 87% YoY surge in net profit.
  • The company secured new orders worth ₹1293 crore this quarter.
  • Total order book has reached a robust ₹5094 crore.
  • Veteran investor Vijay Kedia holds a 1.77% stake in the company.

SPML Infra, a key constituent of legendary investor Vijay Kedia's portfolio, witnessed a bullish trend on Friday. The stock rose by 2.3%, reaching ₹191 per share, fueled by stellar quarterly earnings and a massive influx of new orders.

Quarterly Performance: A Massive Leap in Profits

As a leading player in India's water and energy infrastructure development, SPML Infra has delivered exceptional financial results for the June quarter. The company's revenue soared by 74% to ₹286 crore, while its net profit witnessed a staggering 87% increase, reaching ₹22.7 crore.

Why This Matters

BozokMedia analysis shows that the expansion in EBITDA margins from 9.5% to 9.9% is a critical indicator of operational efficiency. This improvement suggests that the company is not just growing in scale but also in profitability per unit of work.

A robust order book combined with expanding margins positions the company for sustainable long-term growth.

Order Book Strength and Future Outlook

The company's momentum is backed by a massive ₹1293 crore in new orders received during this quarter alone. This brings the total order book to approximately ₹5094 crore. Furthermore, the company is diversifying into the green energy sector with its Battery Energy Storage System (BESS) manufacturing unit in Pune, targeting future energy demands.

MetricPrevious Year (YoY)Current Quarter
Revenue (₹ Cr)~₹164₹286
Net Profit (₹ Cr)~₹12.1₹22.7
EBITDA Margin (%)9.5%9.9%
Did You Know?: SPML Infra is currently the lowest bidder (L1) for projects worth approximately ₹265 crore, increasing the likelihood of even more contract wins.

Frequently Asked Questions

1. How much stake does Vijay Kedia hold in SPML Infra?
Through his firm Kedia Securities Pvt Ltd, he held a 1.77% stake as of the end of the June quarter.

2. What is the company's growth target?
The management maintains a growth guidance of at least 25%, expected to continue through FY27.