Want to see IN:SRM full AI Analyst Report?
Top Page
SRM Contractors Ltd.
(SRM)
Select Model
Select Model
Rating:62Neutral
Price Target:
₹488.00
▲(5.45% Upside)
Action:Reiterated
Date:08/27/26
The score is primarily supported by strong recent financial growth and a low P/E valuation, but it is meaningfully offset by weak technicals (price below major moving averages and negative MACD) and elevated fundamental risk from inconsistent cash conversion/negative free cash flow alongside a sharp rise in debt.
Positive Factors
Accelerating Revenue and Earnings Growth
Rapid revenue growth across consecutive fiscal years, combined with roughly doubled net income, indicates expanding business activity and improving earnings scale. If sustained, this growth can strengthen market position, support reinvestment, and provide a durable base for future profitability.
Negative Factors
Inconsistent Cash Conversion
Negative free cash flow in two consecutive years shows that accounting profits have not consistently translated into surplus cash after investment needs. Weak prior operating cash flow also suggests project timing or working-capital pressure, which can constrain internally funded growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue and Earnings Growth
Rapid revenue growth across consecutive fiscal years, combined with roughly doubled net income, indicates expanding business activity and improving earnings scale. If sustained, this growth can strengthen market position, support reinvestment, and provide a durable base for future profitability.
Read all positive factors
SRM Contractors Ltd. (SRM) vs. iShares MSCI India ETF (INDA)
Market Cap
₹9.34B
Dividend YieldN/A
Average Volume (3M)6.57K
Price to Earnings (P/E)7.9
Beta (1Y)1.32
Revenue Growth75.33%
EPS Growth86.76%
CountryIN
Employees230
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)51.42
Shares Outstanding22,944,200
10 Day Avg. Volume4,389
30 Day Avg. Volume6,572
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)2.37
Price to Sales (P/S)0.86
P/FCF Ratio-35.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SRM Contractors Ltd. Business Overview & Revenue Model
Company Description
SRM Contractors Limited is an Indian enterprise engaged in engineering, construction, and development. The company's operations are divided into three main business areas: constructing roads and highways, trading, and quarry mining. Its activities...
SRM Contractors Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
70
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.79B | 10.26B | 5.28B | 3.42B | 3.00B | 2.64B |
| Gross Profit | 3.36B | 3.28B | 1.48B | 817.83M | 818.49M | 780.20M |
| EBITDA | 1.87B | 1.68B | 953.58M | 423.49M | 386.62M | 316.20M |
| Net Income | 1.18B | 1.11B | 550.03M | 269.66M | 187.46M | 175.68M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 9.95B | 4.08B | 2.35B | 1.36B | 1.20B |
| Cash, Cash Equivalents and Short-Term Investments | 1.84B | 1.84B | 1.12B | 669.42M | 264.98M | 189.32M |
| Total Debt | 0.00 | 1.35B | 408.87M | 475.84M | 469.60M | 315.24M |
| Total Liabilities | -4.13B | 5.82B | 1.32B | 1.06B | 726.64M | 758.01M |
| Stockholders Equity | 4.13B | 3.71B | 2.76B | 1.29B | 633.73M | 444.10M |
Cash Flow | ||||||
| Free Cash Flow | 131.10M | -245.98M | -453.32M | 49.76M | 34.45M | 41.92M |
| Operating Cash Flow | 630.15M | 1.40B | 10.73M | 142.65M | 213.46M | 97.32M |
| Investing Cash Flow | -630.74M | -1.47B | -469.30M | -138.88M | -227.59M | -59.40M |
| Financing Cash Flow | 202.85M | 979.24M | 795.15M | 1.57M | 54.18M | -29.87M |
SRM Contractors Ltd. Technical Analysis
Negative
462.80
Price Trends
469.70
Negative
484.05
Negative
475.06
Negative
Market Momentum
-16.84
Positive
27.71
Positive
17.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SRM, the sentiment is Negative. The current price of 462.8 is above the 20-day moving average (MA) of 435.14, below the 50-day MA of 469.70, and below the 200-day MA of 475.06, indicating a bearish trend. The MACD of -16.84 indicates Positive momentum. The RSI at 27.71 is Positive, neither overbought nor oversold. The STOCH value of 17.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SRM.
SRM Contractors Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | ₹14.73B | 14.84 | ― | 2.36% | 1.62% | 12.27% | |
62 Neutral | ₹9.34B | 7.94 | ― | ― | 75.33% | 86.76% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹11.51B | 2,537.50 | ― | 0.89% | 21.77% | -96.12% | |
54 Neutral | ₹13.76B | 15.35 | ― | 0.39% | 37.86% | 57.21% | |
50 Neutral | ₹7.86B | 27.25 | ― | 0.47% | -20.20% | -80.22% | |
46 Neutral | ₹7.47B | 22.38 | ― | 0.64% | -19.68% | 47.04% |
* General Sector Average
IN:SRM
SRM Contractors Ltd.
407.25
-135.70
-24.99%
IN:BLKASHYAP
B.L. Kashyap & Sons Ltd.
51.06
-9.89
-16.23%
IN:GPTINFRA
GPT Infraprojects Limited
116.60
4.74
4.24%
IN:OMINFRAL
Om Infra Limited
77.55
-46.84
-37.66%
IN:SPMLINFRA
SPML Infra Limited
162.15
-76.85
-32.15%
IN:VASCONEQ
Vascon Engineers Limited
33.92
-33.70
-49.84%
SRM Contractors Ltd. Corporate Events
SRM Contractors Publishes Notice for 18th AGM and E-Voting Details
Sep 16, 2026
SRM Contractors Limited has notified the stock exchanges that it has published a public notice regarding its 18th Annual General Meeting in leading English and Urdu newspapers. The company continues to follow regulatory requirements for listed ent...
SRM Contractors forms highway amenities associate Giraffe SRM Estates
Aug 25, 2026
SRM Contractors Limited, an infrastructure-focused company based in Jammu, India, is broadening its footprint into highway hospitality and wayside amenities. Through its newly incorporated associate, Giraffe SRM Estates Private Limited, the group ...
CareEdge upgrades SRM Contractors’ ratings as bank facilities expand
Jul 2, 2026
CareEdge Ratings Limited has upgraded SRM Contractors Limited’s credit ratings on its enhanced bank facilities following a review of the company’s audited FY26 operational and financial performance. The long-term bank facilities have b...
SRM Contractors bags Rs 501 crore infrastructure contracts
Jun 30, 2026
SRM Contractors Limited has secured new contracts with a total value of approximately Rs 501 crore, significantly expanding its order book and reinforcing its presence in the infrastructure construction market. A key award, worth about Rs 211 cror...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.