Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 Sep - Proprietary 104.4 kWh BESS battery pack cleared key international safety and testing requirements.
Source: Bse
SPML Infra Limited (SPMLINFRA)
Small CapReal Estate stocks · Small cap · NSE
SPML Infra Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 10:01 am ISTDetails
Quote21 Oct, 10:01 am IST
Base fundamentals06 Oct 2026 · screener
Latest result12 Aug, 06:52 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
32Bearishfull bear SMA stack · SMA20 -11.0% / mo · RSI oversold · MACD − · near 52W low · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 22
Sector RS: 48
Sector 3M: -9.3% vs Nifty 500 -4.7%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
SPMLINFRAD candles · FIT view-32.0%TODAY · PROVISIONALLatest price ₹144.57 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-2.3%
RSI
23
MACD hist
-0.41
52W pos
0%
2026-10-21O ₹148.00H ₹148.22L ₹144.12C ₹144.57Vol 23,528 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SPMLINFRANifty RealtyNifty 500
- SPMLINFRA
- -28.8%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- -23.3 pp
Chart stats
19 Oct 2026- From 52W high
- -40.0%
- 52W range position
- 1%
- ATR (14)
- 4.3%
- Volume vs 20D
- 0.44x
- Avg traded value
- ₹2.5 Cr
- 20D price channel
- ₹146.1 - ₹171.5
₹245.4
₹146.1 - ₹245.4
₹6.4
Latest completed session
20-session average
23.5% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE57
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +82.0% · PAT +91.7% YoY
Technical
Bearish32
Price trend and sector-relative-strength timing.
Valuation
Legacy model+60.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence68
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +82% YoY · PAT +92% YoY · margin expansion · operating leverage
Filed 12 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹284 Cr | +82.0% | -2.4% |
| EBITDA | ₹27 Cr | +285.7% | +35.0% |
| Operating margin | 9.0% | +440 bps | +200 bps |
| PAT | ₹23 Cr | +91.7% | -14.8% |
| PAT margin | 8.1% | +41 bps | -118 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 15.80
- P/B
- 1.32
- EV/EBITDA
- 19.78
- Market Cap
- 1343.00Cr
Profitability
- ROE
- 8.28%
- ROCE
- 6.47%
- ROA
- 3.70%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 5.00%
- EPS 5Y
- 55.00%
- Revenue 3Y
- -1.00%
- EPS 3Y
- 137.50%
Balance Sheet
- Debt/Equity
- 0.38
- Interest Coverage
- 6.92×
- Altman Z
- 1.87
- Book Value
- 120.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 8/5
- OCF
- -113.00 Cr
- EPS TTM
- 10.91
Shareholding
- Promoter Hold
- 40.51%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 7%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 284-2.4% vs prev
Net Profit
₹ CrLatest: 23.0-14.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 23.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~12.4% over last month) — short-term momentum negative.
- RSI(14) at 23 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
11
RS percentile
Stage 4 Downtrend
1M return
-12.5%
3M return
-28.8%
6M return
-31.9%
1Y return
-35.3%
RS 1D
-1
RS 20D
-11
Sector rank
#18
Industry rank
#71
Stage evidence
- Price is 21.8% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 62.83-1.13%
RS vs Nifty 50063
Valuation & peers
U-Score 57 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 57 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · FAIR VALUEValuation21/30
Growth19/25
Quality2/20
Balance Sheet8/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
1
Raw sum
57
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
57/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 60.2%.
- Growth contributes 19/25 to the score.
- Valuation contributes 21/30 to the score.
Main drags
- Quality is weaker at 2/20; verify the latest quarterly trend.
- Cash flow is weaker at 3/10; verify the latest quarterly trend.
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
15.8
PB
1.3
EV/EBITDA
19.8
ROE
8.3%
ROCE
6.5%
FCF Yield
—
Debt/Equity
0.4
MoS
+60.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
57
Previous: 54 (+3)
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+60.2%
Previous: +59.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
54
54
54
54
54
54
54
54
54
54
54
54
Factor attribution
Valuation
21+3
was 18
Modelled fair value
Graham Number
₹171.63
+15.8% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹363.3
+60.2% MoS
PEG
0.18
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ARIHANT
Small
Arihant Foundations & Housing Limited
Real Estate
match 176
66
14.2
17.1%
+59%
UNDERVALUED
TREL
Small
Transindia Real Estate Limited
Real Estate
match 175
55
17.3
1.6%
+52%
FAIR VALUE
OMINFRAL
Small
OM INFRA LIMITED
Real Estate
match 175
47
22.3
2.7%
+40%
FAIR VALUE
RAMKY
Small
Ramky Infrastructure Limited
Real Estate
match 175
66
10.4
11.1%
+77%
UNDERVALUED
LIKHITHA
Small
Likhitha Infrastructure Limited
Real Estate
match 174
26
27.5
10.0%
-90%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
SPML Infra Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
68Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 56th percentile of the scored universe and 80th percentile within Real Estate. Main check: financial discipline is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
53 docs text-extracted · 19 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
56th percentile
overall median 67 · Real Estate: 80th pctile, median 61 · Small: 60th pctile, median 66
Evidence depth
Financial-only
53 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
82
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 2.7%.
- ▸8 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-113 Cr.
- ▸ROCE is low at 6.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching SPML Infra Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Newspaper publication for Special Window for re-lodgement of transfer of physical securities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Sep
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.