Synopsis:
SPML Infra Ltd secured an order price Rs.385 Cr, to develop water infrastructure challenge in Rajasthan beneath the jal jeevan mission.
The shares of this water administration firm that gives water remedy, energy transmission, waste administration, and civil infrastructure are in focus after receiving a brand new work order price Rs. 385 Cr.
With a market capitalization of Rs. 2,004 Cr, the shares of SPML Infra Ltd opened at Rs. 279.95 per fairness share, from its earlier day’s closing value of Rs. 274.5, and made an intraday excessive of Rs. 289.95 per fairness share.
Order particulars
SPML Infra Restricted has secured a Rs.385 crore contract for creating a complete water infrastructure challenge within the Kekri-Sarwar area of Ajmer, Rajasthan, beneath the Authorities of India’s Jal Jeevan Mission.
The challenge entails constructing a state-of-the-art 160 MLD Water Remedy Plant, developing two reservoirs with a complete capability of 37.75 MLD, and laying a 58.675 km pipeline to make sure efficient water transmission.
It additionally consists of the set up of superior pumping programs, SCADA-based good monitoring, and constructing new workplace and workers amenities. A ten-year operation and upkeep settlement is a part of the contract, guaranteeing long-term effectivity and efficiency of all the water provide system.
This initiative goals to considerably enhance the supply of secure consuming water within the area by drawing water from the Bisalpur Dam and distributing it via a strong infrastructure community.
As one in all India’s prime water infrastructure corporations, SPML Infra has a confirmed observe document, having accomplished over 700 tasks throughout the nation. The challenge not solely highlights the corporate’s technical experience and dedication to sustainability but additionally helps the nationwide aim of offering clear consuming water to each family.
Concerning the firm
SPML is a well-known infrastructure firm in India with ISO certification and expertise in dealing with over 650 tasks throughout the nation. The corporate specialised in areas like water remedy, energy transmission, waste administration, and civil development. It has obtained a number of contracts from authorities departments in states like Delhi, Uttar Pradesh, Rajasthan, Bihar, Gujarat, Maharashtra, and Karnataka.
The corporate’s income dropped from Rs.1,319 crore in FY24 to Rs.771 crore in FY25, exhibiting a decline in enterprise. Nevertheless, regardless of decrease income, the corporate moved from a internet lack of Rs.2 crore in FY24 to a internet revenue of Rs.48 crore in FY25,displays its sturdy monetary restoration and improved efficiency.
The corporate’s debt decreased from Rs.549 crore in FY24 to Rs.369 crore in FY25, which is likely one of the primary causes it grew to become worthwhile because the curiosity value reduces.
Written by Sudeep Kumbar
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