SPML Infra Wins ₹1,073 Cr Water Supply Project!

SPML Infra will be in focus on 19th Aug 2025 after bagging a massive ₹1,073 crore project from Indore Municipal Corporation under the AMRUT 2.0 scheme. Project Highlights: • Build a 1,650 MLD intake system + raw water pump house. • Set up a 400 MLD Water Treatment Plant (WTP) with advanced technology. • Develop booster pumping stations, 22 km pipeline (1200–2337 mm diameter). • Establish an integrated 132/33 kv power substation for smooth operations. • Includes 10-year O&M contract after completion. • EPC part to be finished in 30 months (including monsoons). Financial Snapshot: • Q1 FY26 net profit fell 7% YoY to ₹12.15 cr (vs ₹13.05 cr last year). • Stock closed at ₹297.90 (up 6.77%) in the previous session. • 52-week range: High ₹321.70 (Aug 1, 2025) | Low ₹137 (Mar 18, 2025). • Currently: 7.4% below 52-week high but 117% above 52-week low. • Market Cap: ₹2,135.63 crore. Takeaway: This big win strengthens SPML Infra’s order book and could support its growth despite recent profit pressure. The stock has already shown strong recovery from its 52-week low and remains one to watch.