SPMLINFRA

- Shareholders approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as an Independent Director. - The e-voting for the postal ballot concluded on August 27, 2026. - The resolution passed with 99.9982% votes in favour.

- Q1 FY27 Consolidated Revenue ₹286Cr (▲74% YoY) - EBITDA ₹28Cr (▲81% YoY) - PAT ₹22.7Cr (▲87% YoY) - EBITDA Margin 10% vs 9% (▲100bps) - Current order book stands at approximately ₹5,100 crores, with ₹1,293 crores in new orders secured in Q1. - Guided FY27 outlook: Expects to surpass ₹5,000 crores in order intake and achieve over 25% Y-o-Y growth in turnover, EBITDA, and PAT. - Progress in Battery Energy Storage System (BESS) business: 2.5 GW assembly line is ready, targeting ₹200-300 crores BESS order execution in Q4 FY27, with capacity expansion to 5 GW by H1 FY28. - Financial health strengthened: Debt-to-equity ratio improved from 1.1x to 0.4x; credit ratings upgraded to BBB (Stable) by ICRA and CRISIL. - Strategic focus on water, power substation, and BESS segments, prioritizing orders with over 10% margin and Price Variation (PV) clauses.

- SPML Infra Limited concluded its Q1 FY2026-2027 earnings conference call on August 17, 2026, for the financial results ended June 30, 2026. - The audio recording of the conference call has been uploaded and is accessible on the company's website via the provided web-link.

- Q1 FY27 Revenue stood at ₹285.67 Cr, EBITDA at ₹28.27 Cr (9.90% margin), and PAT at ₹22.70 Cr (7.95% margin). - Secured new orders totaling ₹1,293 Cr in Q1 FY27, including a landmark ₹1,128 Cr BESS project from NTPC and a ₹165.4 Cr power transmission order. - Credit profile strengthened with CRISIL assigning and ICRA upgrading the rating to BBB (Stable). - Legacy debt resolution is ongoing, with ₹325 Cr repaid and the remaining ₹375 Cr outstanding backed by ₹678 Cr in arbitration awards.

- Q1 FY27 Revenue ₹286 Cr vs ₹164.4 Cr (▲74% YoY) - EBITDA ₹28 Cr vs ₹15.5 Cr (▲81% YoY) - PAT ₹22.7 Cr vs ₹12.1 Cr (▲87% YoY) - EBITDA Margin 9.9% vs 9.5% (▲40bps)

- Q1 FY26 Unaudited Standalone Financial Results approved. Consolidated Results were also approved, but detailed figures were not provided in this filing. - Standalone Revenue from Operations for Q1 FY26: ₹284.28 Cr vs ₹158.06 Cr (▲79.86% YoY) - Standalone EBITDA for Q1 FY26: ₹26.88 Cr vs ₹9.38 Cr (▲186.7% YoY) - Standalone PAT for Q1 FY26: ₹22.70 Cr vs ₹12.15 Cr (▲86.85% YoY) - Standalone EBITDA Margin for Q1 FY26: 9.45% vs 5.93% (▲352bps) - Mr. Rajeev Kumar Jain re-appointed as an Independent Director for a second 5-year term, subject to shareholder approval. - 45th Annual General Meeting (AGM) scheduled for September 25, 2026.

- Q1 FY27 Consolidated Operating Revenue ₹284.28 Cr vs ₹155.91 Cr (▲82.33% YoY) - EBITDA ₹26.85 Cr vs ₹7.20 Cr (▲272.96% YoY) - PAT ₹22.68 Cr vs ₹12.12 Cr (▲87.13% YoY) - EBITDA Margin 9.45% vs 4.62% (▲483bps) - Re-appointment of Mr. Rajeev Kumar Jain as an Independent Director for a second term of 5 years, effective September 3, 2026, subject to shareholder approval. - 45th Annual General Meeting (AGM) scheduled for September 25, 2026, via Video Conferencing/Other Audio Visual Means. - Register of Members to be closed from September 19, 2026, to September 25, 2026, for the purpose of the AGM.

- Concall Schedule - Concall Date: August 17, 2026 - Concall Time: 3:00 pm IST

- SPML Infra Limited to conduct a Postal Ballot for the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as an Independent Director. - The second term will be for one year, from June 08, 2026, to June 07, 2027. - E-voting period is from July 29, 2026, to August 27, 2026. - The cut-off date for determining eligible voters is July 24, 2026.

- CRISIL Ratings Limited assigned and reaffirmed credit ratings for SPML Infra Limited. - Long-term facilities (₹595 Cr) assigned Crisil BBB/Stable. - Short-term facilities (₹1000 Cr) assigned Crisil A3+. - Commercial Paper (₹60 Cr) reaffirmed Crisil A3+.

- Allotment of 6,93,999 Equity Shares of face value Rs. 2/- at a price of Rs. 186/- per share (including premium of Rs. 184/-) on a preferential basis. This includes Rs. 5.75 Cr capital infusion and conversion of Rs. 7.16 Cr existing loan to equity. - Allotment of 95,39,449 Warrants at a price of Rs. 186/- per warrant on a preferential basis, with Rs. 44.36 Cr (25% of the warrant value) infused. Warrants are convertible into equity within 18 months.

- SPML Infra Limited's credit rating upgraded by ICRA. - Long-term/Short-term facilities totaling ₹1,595 crore upgraded to [ICRA]BBB(Stable) from [ICRA]BBB-(Stable) and [ICRA]A3+ from [ICRA]A3.

- Trading window for dealing in equity shares of SPML Infra Limited to close for designated persons and their immediate relatives. - Closure effective from July 1, 2026. - Will remain closed till 48 hours after the declaration of the financial results for the 1st quarter ended 30th June, 2026.

- SPML Infra Limited received a credit rating from Crisil Ratings Limited. - Commercial Paper (Short Term Fund based instrument) of ₹60.00 crore was assigned a Crisil A3+ rating. - Crisil A3+ for short-term instruments is equivalent to a BBB rating for long-term facilities.

- Allotment of 233,744 equity shares (face value Rs. 2/- each) under ESOP Scheme 2021. - Paid-up equity share capital increased from Rs. 167,832,358 to Rs. 168,299,846.

- Analyst/Investor Meet Schedule - Meeting Date: 23rd June 2026 - Meeting Time: 9am-6pm - Venue: GIA Flagship Conference 2026, Mumbai

- SPML Infra reported strong FY26 performance with Revenue at ₹868 crores (▲13% YoY), EBITDA at ₹86 crores (▲37% YoY, 9.7% margin), and PAT at ₹76 crores (▲55% YoY). - Q4 FY26 Revenue grew 53% YoY to ₹293.9 crores, with PAT up 140% YoY to ₹28 crores. Q4 EBITDA margin of 8.4% was impacted by one-time costs, otherwise expected at ~10%. - The company maintains a positive outlook, guiding for a minimum of 25% growth in both top line and bottom line for FY27 and subsequent years. - Strategic expansion into the Battery Energy Storage System (BESS) segment includes commencing a 2.5 gigawatt assembly line by June 2026 (expandable to 5 gigawatts) with a peak revenue potential of ₹5,000 crores. - Current order book (entering Q4 FY26) stands at ₹5,369 crores, with over ₹4,280 crores in new project orders since FY25, including a significant ₹1,128 crores NTPC BESS order. - The company has largely resolved debt issues, having paid ₹320 crores against NARCL dues and expects remaining dues to be covered by substantial arbitration awards, making cash flow effectively free for growth. Debt-to-equity improved to 0.4x. - Management is focused on securing new high-margin, price-protected, and fully-funded orders. Due to accumulated tax losses and a new tax regime, the company does not expect to pay tax for several years.

- Concall Schedule - Concall Date: 12th June 2026 - Concall Time: 10am - 11am - Event: Choice Equities - INSIGHTX VIRTUAL FORUM 2026 (Virtual Group Meeting)

- SPML Infra Limited announced the upload of the audio recording for its Q4 and FY ended March 31, 2026 earnings conference call. - The conference call with analysts and institutional investors was held on June 1, 2026, and the recording is accessible via the provided web-link.

The Board of Directors of SPML Infra Limited, in a meeting held on May 28, 2026, approved the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026, with an unmodified auditor's opinion. The Board also approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second and final term of one year, effective June 8, 2026, until June 7, 2027, subject to shareholder approval.

Standalone Revenue ₹290.51Cr vs ₹191.68Cr (▲51.55% YoY), EBITDA ₹24.65Cr vs ₹13.66Cr (▲80.42% YoY), PAT ₹28.37Cr vs ₹11.81Cr (▲140.20% YoY). EBITDA Margin 8.48% vs 7.13% (▲135bps). The Board also approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second and final term of one year, effective from June 8, 2026, subject to shareholder approval.

SPML Infra Limited announced that its Q4 FY2025-2026 Earnings Conference Call to discuss the performance for the quarter ended March 31, 2026, will be held on Monday, June 1, 2026, at 03:00 PM IST. Key management, including the Executive Director Commercial and Chief Financial Officer, will participate. Pre-registration is mandatory to receive call login details.

Order Win: SPML Infra Limited won an order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV Grid Sub-Station and Transmission Infrastructure at Dahra, Kota, Rajasthan. The Order Value is ₹165.41 Crore, and the Completion Timeline is 24 months.

Order Win: SPML Infra Limited won an order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of 400 kV Grid Substation and Transmission Infrastructure at Dahra, Kota, Rajasthan, for ₹165.41 Crore, to be executed in 18 months.

SPML Infra Limited announced the e-voting results of its Extra Ordinary General Meeting held on May 16, 2026. Shareholders approved with requisite majority (over 99.99% of polled votes) the issuance of up to 3,09,141 equity shares to non-promoters, up to 95,39,449 warrants to promoter group and non-promoters, both on a preferential basis, and up to 384,858 equity shares to National Asset Reconstruction Company Limited by converting an existing loan.

SPML Infra Limited held an Extra Ordinary General Meeting (EGM) on May 16, 2026, where shareholders approved three key special businesses. These include the issuance of up to 3,09,141 equity shares to non-promoters for fresh funds, up to 95,39,449 warrants to promoter and non-promoter groups for fresh funds, and up to 3,84,858 equity shares to National Asset Reconstruction Company Limited by converting an existing loan on a preferential basis.

Order Win: SPML Infra Limited secured an order from NTPC Limited to develop a 1 GWh Battery Energy Storage System (BESS) at Barauni Thermal Power Station in Bihar. The Order Value is ₹1,128 crore, and the project execution timeline is 18 months, followed by 15 years of operation and maintenance.

SPML Infra Limited announced the submission of the Scrutinizer's Report for the remote e-voting postal ballot. The e-voting concluded on May 3, 2026. Shareholders approved both proposed resolutions with the requisite majority. Resolution 1 involved approving related party transactions with JWIL Infra Ltd, and Resolution 2 approved the remuneration for Nominee Director Mr. Tharuvai Venugopal Rangaswami.