SRM Contractors Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SRM Contractors delivered strong H1 FY26, reporting INR 335 Cr revenue and INR 33 Cr PAT, with Q2 PAT margin at 10.15%. The order book stands at INR 1,552 Cr, backed by a robust INR 3,668 Cr pipeline. Management projects consolidated FY26 revenue of INR 1,100-1,200 Cr, aiming for INR 2,000-2,200 Cr in FY27, with sustained 18-20% EBITDA and 10-12% PAT margins. Strategic moves include the Maccaferri acquisition for expanded pan-India and global reach, diversification into HAM projects, and international growth initiatives. A planned INR 110 Cr QIP will fuel domestic expansion. The company's focus on high-margin projects across challenging terrains highlights a confident outlook.