Chennai, February 14, 2026 – RPP Infra Projects Ltd (NSE: RPPINFRA | BSE: 533284) has announced the addition of 10 new projects worth ₹2,336.78 crore during the year up to December 2025, taking its total outstanding order book to ₹3,963.66 crore as of December 2025. The company also reported a sharp sequential decline in profitability for the quarter ended December 31, 2025, amid execution-stage dynamics and upfront project costs.
The company shared the details as part of its investor presentation for the quarter ended December 31, 2025 .
Order Book Expands with Strong Infrastructure Push
During the current year up to December 2025, RPP Infra secured 10 projects aggregating ₹2,336.78 crore across segments.Order Book Composition – New Projects Awarded
| Project Type | Awarded Value (₹ Crore) | Number of Projects |
|---|---|---|
| Infrastructure | 1,962.91 | 8 |
| Buildings | 8.03 | 1 |
| Water Management | 365.85 | 1 |
| Total | 2,336.78 | 10 |
A key highlight during the year was a major project valued at ₹1,126.50 crore. For this contract, the company has been allotted 15 acres of land by BHEL in Varanasi, Uttar Pradesh, to establish a fabrication facility.
Varanasi Fabrication Facility Details
| Particulars | Details |
|---|---|
| Project Value | ₹1,126.50 crore |
| Land Allotted | 15 acres (Varanasi, UP) |
| Fabrication Capacity | 1,20,000 tons over 5 years |
| Estimated Factory Establishment Cost | ₹62 crore |
| Monthly Production Target | 2,200–2,500 tons |
| Working Capital Facility Sanctioned | ₹85 crore |
| Interest-Free Mobilisation Advance Eligibility | ₹56.33 crore |
The company has secured a working capital facility of ₹85 crore from IDFC First Bank and is eligible for an interest-free mobilisation advance of ₹56.33 crore from BHEL.
Q3 FY26 Standalone Financial Performance
For the quarter ended December 31, 2025, RPP Infra reported mixed financial performance, with revenue improving sequentially but profitability under pressure.Standalone Financial Highlights (₹ Crore)
| Particulars | Q3 FY26 | Q2 FY26 | QoQ Change | Q3 FY25 |
|---|---|---|---|---|
| Revenue | 375.59 | 316.79 | +19.00% | 351.59 |
| Operating Cost | 349.41 | 269.63 | +30.00% | 300.71 |
| Gross Profit | 25.98 | 47.16 | -45.00% | 50.88 |
| Gross Margin | 6.92% | 14.89% | -7.97 pp | 14.47% |
| EBITDA | 7.15 | 25.93 | -72.00% | 31.59 |
| EBITDA Margin | 1.90% | 8.19% | -6.29 pp | 8.99% |
| PAT | 0.67 | 15.09 | -96.00% | 18.13 |
| Net Profit Ratio | 0.18% | 4.76% | -4.58 pp | 5.16% |
Profit After Tax declined sharply to ₹0.67 crore from ₹15.09 crore in the previous quarter.
Execution Mix Impacts Margins
Management attributed the profitability decline to a shift in execution mix and project lifecycle stage dynamics:- Increased revenue from subcontracted projects during the quarter.
- Reduction in revenue from self-executed projects as many major projects, including those with BHEL, are in initial stages.
- Preliminary site establishment costs have been incurred, while revenue recognition remains limited.
- Several ongoing projects are nearing completion, resulting in lower incremental revenue during the period.
The management indicated that actions are being taken to increase the volume of self-executed projects and accelerate project commencement to improve margin profile.
About RPP Infra Projects Ltd
RPP Infra Projects Ltd is engaged in infrastructure development, building construction, and water management projects across India. The company is listed on both the National Stock Exchange (RPPINFRA) and BSE (533284). It undertakes projects through direct execution as well as subcontracting models and operates through multiple joint ventures.The company has not announced any dividend update as part of this presentation.
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