TickerSutra

NSE: SRM · BSE: 544158 · ISIN INE0R6Z01013

SRM Contractors Limited stock analysis

SRM Contractors Limited ranks #213 in the TickerSutra evidence-ranked universe with a score of 69/100 and 87% data confidence. The latest captured fundamentals show ROCE of 37.1%, quarterly sales growth of 37.8% and quarterly profit growth of 54.6%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE69/100

Watchlist candidate

#213 of 5,430 ranked equities
Market capitalisation₹1,059.33cr
ROCE37.1%
Quarterly sales growth37.8%
Quarterly profit growth54.6%
P/E ratio9.0×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 37.1%
  • 50.7% three-year sales CAGR
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹264cr₹30cr₹18cr11.0%
2023₹300cr₹38cr₹19cr13.0%
2024₹342cr₹42cr₹27cr12.0%
2025₹528cr₹82cr₹55cr15.0%
2026₹1,026cr₹168cr₹111cr16.0%
TTM₹1,079cr₹186cr₹118cr17.0%
Debt / equity0.36×
CFO / EBITDA0.55×
Operating margin17.0%
Free cash flow₹-91cr
Sales CAGR · 3Y50.7%
Profit CAGR · 3Y80.1%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Capacity expansion plansModerate severity · 2 mentions
Positive catalyst

SRM Contractors Limited May 27, 2026 Page 4 of 23 Additionally, we have won an order worth INR128 crores by National Highway Authority of India for the construction of long-term remedial measures at Thalout, landslide location, which will be completed within 12 months from date of appointment. On the capacity expansion front, we incurred a capex of approximately INR152 crores in financial year ‘25-‘26. Coming to our

Regulatory updatesModerate severity · 15 mentions
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The Company is evaluating/proposing various fund-raising initiatives for augmenting its financial resources, strengthening its capital base, meeting its growth and expansion requirements, financing existing and future projects, meeting working capital and general corporate requirements and for such other purposes as may be determined by the Board from time to time. In this connection, the Company proposes, inter alia

Regulatory approvalLow severity · 15 mentions
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The Company is evaluating/proposing various fund-raising initiatives for augmenting its financial resources, strengthening its capital base, meeting its growth and expansion requirements, financing existing and future projects, meeting working capital and general corporate requirements and for such other purposes as may be determined by the Board from time to time. In this connection, the Company proposes, inter alia

Export market updatesLow severity · 5 mentions
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So, let's see how when they mature. So, -- but as of now, we are focusing 100% on our domestic market, and it will be an icing on the cake if we get something from international market. Of course, then the margins, has to be more than the domestic market only then we will expand ourselves into the international markets.

Institutional interestLow severity · 3 mentions
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The facility of participation at the AGM through VC/OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditor

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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