SRM
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India's SRM Contractor surges after upbeat Q3 results, higher revenue outlook
** Shares of SRM Contractors SRMC.NS jump 9.4% to 429 rupees
** Road and bridges builder posts 50.6% jump in Q3 profit, helped by ~54% jump in quarterly revenue
** SRMC raises FY26 revenue outlook to 8 billion rupees to 9 billion rupees range vs 8 billion rupees earlier
** Stock rose as much as 16.3% earlier in the session
** About 1.5 million shares traded, 14.7x the 30-day average volume
** Stock trims YTD loses to 19%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of SRM Contractors SRMC.NS jump 9.4% to 429 rupees
** Road and bridges builder posts 50.6% jump in Q3 profit, helped by ~54% jump in quarterly revenue
** SRMC raises FY26 revenue outlook to 8 billion rupees to 9 billion rupees range vs 8 billion rupees earlier
** Stock rose as much as 16.3% earlier in the session
** About 1.5 million shares traded, 14.7x the 30-day average volume
** Stock trims YTD loses to 19%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
India's SRM Contractors rises on $20 million project win
** Shares of SRM Contractors SRMC.NS up 4% to 502.9 rupees
** Co gets new construction project worth 1.74 bln rupees ($20 mln)
** Stock has been above its 100-day, 200-day simple moving avgs since May, indicating bullish sentiment
** YTD, SRMC up 26%
($1 = 87.0612 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of SRM Contractors SRMC.NS up 4% to 502.9 rupees
** Co gets new construction project worth 1.74 bln rupees ($20 mln)
** Stock has been above its 100-day, 200-day simple moving avgs since May, indicating bullish sentiment
** YTD, SRMC up 26%
($1 = 87.0612 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
SRM Contractors Says No Adverse Impact On Business Due To Kashmir Tensions
April 28 (Reuters) - SRM Contractors Ltd SRMC.NS:
NO ADVERSE IMPACT ON BUSINESS DUE TO KASHMIR TENSIONS
NO ONGOING PROJECTS IN KASHMIR REGION
Source text: ID:nNSE9xjWPC
Further company coverage: SRMC.NS
(([email protected];;))
April 28 (Reuters) - SRM Contractors Ltd SRMC.NS:
NO ADVERSE IMPACT ON BUSINESS DUE TO KASHMIR TENSIONS
NO ONGOING PROJECTS IN KASHMIR REGION
Source text: ID:nNSE9xjWPC
Further company coverage: SRMC.NS
(([email protected];;))
SRM Contractors Approves Acquisition Of 51% Stake In Maccaferri Infrastructure
Jan 17 (Reuters) - SRM Contractors Ltd SRMC.NS:
APPROVES ACQUISITION OF 51% STAKE IN MACCAFERRI INFRASTRUCTURE
TO INVEST 190 MILLION RUPEES IN FIRST TRANCHE FOR 12.75% STAKE IN MIPL
Source text: ID:nBSE8PGlXt
Further company coverage: SRMC.NS
(([email protected];;))
Jan 17 (Reuters) - SRM Contractors Ltd SRMC.NS:
APPROVES ACQUISITION OF 51% STAKE IN MACCAFERRI INFRASTRUCTURE
TO INVEST 190 MILLION RUPEES IN FIRST TRANCHE FOR 12.75% STAKE IN MIPL
Source text: ID:nBSE8PGlXt
Further company coverage: SRMC.NS
(([email protected];;))
India's SRM Contractors rises on 1 bln-rupee project win
** SRM Contractors SRMC.NS rises as much as 5.3% to 390.75 rupees
** Co gets project for rectification work on roads and flyover in Gujarat from National Highway Authority of India for 1.06 bln rupees ($12.5 mln)
** Stock on track to gain for fourth straight month; up 11.8% so far this month
** SRMC last up 2.6%; has gained ~72% since listing in April
($1 = 85.0380 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** SRM Contractors SRMC.NS rises as much as 5.3% to 390.75 rupees
** Co gets project for rectification work on roads and flyover in Gujarat from National Highway Authority of India for 1.06 bln rupees ($12.5 mln)
** Stock on track to gain for fourth straight month; up 11.8% so far this month
** SRMC last up 2.6%; has gained ~72% since listing in April
($1 = 85.0380 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
SRM Contractors Gets New Project With Quoted Amount 1.06 Billion Rupees
Dec 20 (Reuters) - SRM Contractors Ltd SRMC.NS:
SRM CONTRACTORS - GOT NEW PROJECT WITH QUOTED AMOUNT 1.06 BILLION RUPEES
Source text: ID:nBSEb5BBgw
Further company coverage: SRMC.NS
(([email protected];))
Dec 20 (Reuters) - SRM Contractors Ltd SRMC.NS:
SRM CONTRACTORS - GOT NEW PROJECT WITH QUOTED AMOUNT 1.06 BILLION RUPEES
Source text: ID:nBSEb5BBgw
Further company coverage: SRMC.NS
(([email protected];))
SRM Contractors To Acquire SRM Serves Foundation
Dec 19 (Reuters) - SRM Contractors Ltd SRMC.NS:
TO ACQUIRE SRM SERVES FOUNDATION
Source text: ID:nBSE1Zm6QP
Further company coverage: SRMC.NS
(([email protected];))
Dec 19 (Reuters) - SRM Contractors Ltd SRMC.NS:
TO ACQUIRE SRM SERVES FOUNDATION
Source text: ID:nBSE1Zm6QP
Further company coverage: SRMC.NS
(([email protected];))
India's SRM Contractors jump on NHAI project win
** Shares of India's SRM Contractors SRMC.NS up as much as 9.1% to a record 244.40 rupees, last up 5.5%
** Stock set to gain for the fourth straight session, if trends hold
** Construction co got an order worth 1.19 bln rupees ($14.2 mln) from National Highway Authority of India (NHAI)
** Trading vols 2.3x 30-day avg
** Stock has risen ~5% so far since listing in early April
($1 = 83.6260 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's SRM Contractors SRMC.NS up as much as 9.1% to a record 244.40 rupees, last up 5.5%
** Stock set to gain for the fourth straight session, if trends hold
** Construction co got an order worth 1.19 bln rupees ($14.2 mln) from National Highway Authority of India (NHAI)
** Trading vols 2.3x 30-day avg
** Stock has risen ~5% so far since listing in early April
($1 = 83.6260 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
India's SRM Contractors jump after NHAI project win
** Shares of SRM Contractors Ltd SRMC.NS rise as much as 8.7% to 226.77 rupees
** Construction co says, National Highway Authority of India (NHAI) allotted new project for 2.78 bln rupees ($33.3 mln)
** Stock on track to gain for third straight session
** More than 661,000 shares traded as of 11:50 a.m. IST, 5.3x their 30-day moving avg
** SRMC last up 4.4%; down ~3.7% since listing in April
($1 = 83.5380 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of SRM Contractors Ltd SRMC.NS rise as much as 8.7% to 226.77 rupees
** Construction co says, National Highway Authority of India (NHAI) allotted new project for 2.78 bln rupees ($33.3 mln)
** Stock on track to gain for third straight session
** More than 661,000 shares traded as of 11:50 a.m. IST, 5.3x their 30-day moving avg
** SRMC last up 4.4%; down ~3.7% since listing in April
($1 = 83.5380 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
SRM Contractors Says Thakur Krishan Singh Resigns As CFO
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Popular questions
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What does SRM Contractors do?
SRM Contractors is an engineering construction and development company engaged primarily in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh. It undertakes construction works both as an EPC contractor and on an item rate basis for infrastructure projects. The company also undertakes sub-contracting assignments of infrastructure construction projects. It has a track record of successful execution of road, tunnel and slope stabilization projects in the difficult terrain of union territories of Jammu & Kashmir and Ladakh.
Who are the competitors of SRM Contractors?
SRM Contractors major competitors are Sathlokhar Synergys, Reliance Indl. Infra, SEPC, Arisinfra Solutions, AB Infrabuild, Om Infra, Z-Tech (India). Market Cap of SRM Contractors is ₹926 Crs. While the median market cap of its peers are ₹902 Crs.
Is SRM Contractors financially stable compared to its competitors?
SRM Contractors seems to be less financially stable compared to its competitors. Altman Z score of SRM Contractors is 7.21 and is ranked 4 out of its 8 competitors.
Does SRM Contractors pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. SRM Contractors latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has SRM Contractors allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is SRM Contractors balance sheet?
Balance sheet of SRM Contractors is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of SRM Contractors improving?
Yes, profit is increasing. The profit of SRM Contractors is ₹81 Crs for TTM, ₹55 Crs for Mar 2025 and ₹26.97 Crs for Mar 2024.
Is the debt of SRM Contractors increasing or decreasing?
Yes, The net debt of SRM Contractors is increasing. Latest net debt of SRM Contractors is -₹75.47 Crs as of Sep-25. This is greater than Mar-25 when it was -₹144.67 Crs.
Is SRM Contractors stock expensive?
SRM Contractors is not expensive. Latest PE of SRM Contractors is 10.84, while 3 year average PE is 21.08. Also latest EV/EBITDA of SRM Contractors is 6.28 while 3yr average is 12.68.
Has the share price of SRM Contractors grown faster than its competition?
SRM Contractors has given better returns compared to its competitors. SRM Contractors has grown at ~23.79% over the last 1yrs while peers have grown at a median rate of -17.0%
Is the promoter bullish about SRM Contractors?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 72.59% and last quarter promoter holding is 72.39%.
Are mutual funds buying/selling SRM Contractors?
There is Insufficient data to gauge this.
