SPML Infra Q1 FY27 Earnings Call — Analysis (NSE: SPMLINFRA)
Q1 FY27 revenue up 74% YoY to ₹286 Cr with EBITDA margin expansion to 10%; BESS assembly line ready, NTPC supply targeted Q4
Result quality: strong — Margin expansion. Management sentiment: neutral.
The take
Q1FY27 Revenue ₹286 Cr ( +74% YoY ) .
Results
Revenue ₹286 Cr (+74% YoY); EBITDA ₹28 Cr (+81% YoY) margin 10% (+1ppt); PAT ₹22.7 Cr (+87% YoY)
Financial highlights
| Metric | Value | Change | Basis |
|---|---|---|---|
| Revenue | ₹286 Cr | +74% | yoy · Q1FY27 |
| EBITDA | ₹28 Cr | +81% | yoy · Q1FY27 |
| EBITDA Margin | 10% | +1% | yoy · Q1FY27 |
| PAT | ₹22.7 Cr | +87% | yoy · Q1FY27 |
| Order Book | ₹5,100 Cr | point_in_time · point_in_time · as on 30-Jun-26 | |
| Cash & Bank Balance | ₹150 Cr | point_in_time · point_in_time · as on 30-Jun-26 | |
| New Orders Received (Q1) | ₹1,293 Cr | none · Q1FY27 | |
| L1 Orders | ₹212 Cr | none · Q1FY27 |
Guidance
Maintained >25% revenue and profit growth for FY27; order intake expected to surpass ₹5,000 Cr
Key themes
BESS manufacturing ramp and water-power EPC growth
Operational commentary
- BESS manufacturing facility at Supa MIDC: 2.5 GW assembly line fully ready; IEC/UL certifications for battery packs underway; expansion to 5 GW and 600 container units targeted for H1 FY28.
Research and educational content only. Not investment advice.