Srinibas Pradhan Constructions Reports Strong H2 FY26 Results; EBITDA and PAT Margins Expand

Srinibas Pradhan Constructions Reports Strong H2 FY26 Results; EBITDA and PAT Margins Expand​

Srinibas Pradhan Constructions Limited, an infrastructure-focused EPC company specializing in roads and highways, bridges, and industrial projects, has announced its audited financial results for the second half (H2) of FY26 and the full fiscal year (FY26).

Consolidated Financial Highlights​

The company reported significant growth in profitability metrics across two periods. The following table details the comparative consolidated financial highlights. (Amounts are in Lakhs, unless otherwise stated).


The company also reported figures for a second period:


Note: Total Income includes both Revenue from Operations and Other Income. EBITDA and PAT (%) are calculated based on Total Income.

Operational Achievements and Growth Drivers​

Mr. Srinibas Pradhan, Managing Director of Srinibas Pradhan Constructions Limited, commented on the performance, stating that the company delivered strong profitability growth during H2 FY26. He attributed this performance to improved project execution, operational efficiencies, and disciplined cost management, despite a moderation in revenue.

The company also noted strategic growth in its project portfolio:

• Road Construction in Odisha: Through its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited, the company secured L1 status for a road construction project in Jharsuguda, Odisha. This project, covering Limidihi PWD Road to Machida via Rengali, Sukulpali, and Nuadihi in the Jharsuguda district under MMSY-TRIP for 2025-26, has a project order value of approximately ₹4.19 crore.
• NTPC Purchase Order: The subsidiary also received a purchase order from NTPC Limited for infrastructure development works at DSTPP Stage-II. This contract, covering the construction of a Connecting Road to Proposed Labour/Material Entry Gate, has a value of approximately ₹8.22 crore and is scheduled from May 21, 2026, to November 20, 2026.

Furthermore, the Group strengthened its credentials by receiving significant PWD registrations. Srinibas Pradhan Constructions Limited was upgraded from B Class to A Class PWD Contractor by the Works Department, Bhubaneswar, Odisha. Additionally, the subsidiary 'Srinibas Pradhan Infra Private Limited' was upgraded from A Class to Special Class PWD Contractor. Both certificates are valid until March 31, 2028.

Corporate Overview​

Srinibas Pradhan Constructions Limited (SPCON) is an infrastructure-focused EPC company with expertise in roads & highways, bridges, industrial projects, and civil construction works. The company operates with an integrated business model supported by in-house construction capabilities and quality control infrastructure.

The group structure includes its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited, which holds Special Class PWD Contractor status in Odisha. SPCON, meanwhile, operates as a PWD Class A Contractor. These classifications allow the Group to participate in a broad range of government tenders.

The company is also certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.

Looking ahead, Mr. Pradhan stated that the company remains focused on strengthening its order pipeline, improving execution efficiency, and expanding its presence across key infrastructure segments to create sustainable value for all stakeholders.

SPCON Stock Price Movement​

Srinibas Pradhan Constructions Limited shares today slipped by 3.66% to settle at ₹142.05 in post-market trading. The equity closed on a total volume of 4,800 shares, confirming a downward momentum for the stock.