SPML Infra Ltd. Share Price

Developed with its proprietary 104.4 kWh battery pack

Code BSE: 500402 NSE:

PAT Jumps 87% - SPML Infra Ltd

CodeBSE: 500402 NSE:

SPML Infra bets big on battery storage, sees Battery Energy Storage Systems (BESS) as next major growth driver.

SPML Infra: 4 Key Takeaways 1. Strategic Entry into Energy Storage SPML Infra is expanding beyond its core water and infrastructure businesses, positioning itself in the rapidly growing Battery Energy Storage Systems (BESS) segment. 2. Capitalizing on Renewable Energy Growth BESS is becoming a critical enabler for renewable energy integration, helping stabilize power supply and manage intermittency from solar and wind projects. 3. New Growth Avenue Management views energy storage as a significant long-term growth driver, opening up opportunities in grid modernization and clean energy infrastructure. 4. Alignment with India’s Energy Transition The company’s focus on BESS aligns with India’s push for renewable energy expansion, grid reliability, and large-scale deployment of energy storage solutions across the country.

SPML INFRA WINS ₹165 CRORE POWER GRID PROJECT IN RAJASTHAN ⚡️🏗️ • 🏭 Company secured ₹165.4 Crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RVPNL) • ⚡️ Order involves construction of 400 kV Grid Sub-Station & transmission infrastructure at Kota, Rajasthan • ⏳ Project to be executed within 18 months • 🔌 Scope includes 400 kV substation, autotransformer bay, feeder bays, reactor bay & associated civil/automation works • 🌱 Project supports renewable energy transmission & grid strengthening in Rajasthan • 📈 Order strengthens SPML Infra’s growing power transmission & substation portfolio • 🔋 Company highlighted focus on high-margin government infrastructure projects across Water, Power & Energy Storage verticals 🟢 Impact: Positive (Large government power infrastructure order improves execution visibility and strengthens presence in transmission sector)

SPML Infra has just secured a game-changing ₹1,128 crore order from NTPC Limited, signaling a massive shift in the company's growth trajectory. The mandate involves building a 1-gigawatt Battery Energy Storage System BESS, a critical infrastructure project designed to manage electricity demand fluctuations. By storing energy when demand is low and supplying it during peak hours, this project positions SPML as a key player in India’s renewable energy landscape. What makes this more than just a one-off win is SPML’s strategic partnership with a US-listed expert in energy storage. This collaboration not only validates their technical capability but also sets the stage for future, larger contracts. With an 18-month execution window and long-term operations and maintenance O&M revenue built into the deal, the company is securing recurring cash flows. Financially, the stock appears to be at an interesting juncture. While it saw a significant rally post-2023, it has since consolidated, bringing its P/E ratio back to attractive, lower levels. Combined with rising quarterly profits and a notable increase in promoter shareholding, the setup suggests the company is entering a new phase of maturity. While the market is yet to fully price in these catalysts, the convergence of operational expansion and insider confidence makes SPML Infra a story to watch closely.

Secures 31,128 Crore 1 GWh Battery Energy Storage Project - SPML Infra Ltd

Code BSE: 500402 NSE: