SSPDL Ltd (530821)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, SSPDL's revenue was ₹1.6 Cr, and net profit ₹-0.4 Cr (a smaller loss than a year earlier); the operating margin was 5.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.6 | — | -88.7% |
| Operating profit | ₹0.1 | from loss | -98.9% |
| Net profit | ₹-0.4 | loss narrowed | to loss |
| EPS (₹) | -0.33 | loss narrowed | to loss |
| Operating margin | 5.6% | — | — |
📢 Recent Corporate Announcements
SSPDL Limited announced the voting results and scrutinizer report for its 32nd Annual General Meeting held on September 29, 2026. All three resolutions were approved by shareholders, including the adoption of FY26 financial statements and director reappointment. Notably, an ordinary resolution to avail a revolving loan facility from promoter Prakash Challa as a material related party transaction passed narrowly among public non-institutional voters, with 54.88% voting in favor and 45.12% voting against (promoter group was interested and abstained).
- All 3 resolutions approved by requisite majority at the 32nd AGM held on September 29, 2026.
- Material related-party revolving loan facility from Prakash Challa passed with 54.88% votes in favor (3,79,609 votes) and 45.12% against (3,12,105 votes).
- Adoption of FY26 financial statements passed with 95.23% overall favor (62,33,663 votes).
- Total shareholder participation at the AGM was 26 attendees (5 promoter, 21 public) out of 3,489 shareholders.
SSPDL Ltd held a board meeting on August 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company has scheduled its 32nd Annual General Meeting (AGM) for September 29, 2026. Additionally, the board proposed the re-appointment of Director Sri E. Bhaskar Rao, who holds a 1.16% stake in the company. While the specific Q1 financial figures were not detailed in this summary, the company is coming off a strong FY26 where revenue reached ‡28 Cr compared to just ‡3 Cr in FY25.
- 32nd Annual General Meeting scheduled for September 29, 2026, via Video Conferencing
- Proposed re-appointment of Sri E. Bhaskar Rao, a director with 32 years of experience
- Director Sri E. Bhaskar Rao holds 1,50,000 equity shares representing 1.16% of the company
- Board meeting concluded within 62 minutes (12:05 PM to 1:07 PM)
- Approval of the Directors Report and Corporate Governance report for FY ended March 31, 2026
SSPDL reported a weak start to the fiscal year with Q1 FY27 revenue falling sharply to ₹1.62 Cr from ₹14.31 Cr in the previous quarter (Q4 FY26). The company swung to a net loss of ₹0.43 Cr, compared to a profit of ₹1.73 Cr in the preceding quarter. A significant portion of the revenue (₹1.34 Cr) was derived from a one-off sale of repossessed area in the Alpha City Chennai IT Park project. While performance improved compared to the zero-revenue quarter of June 2025, the high debt-to-equity ratio of 4.10 remains a structural concern.
- Revenue from operations stood at ₹1.62 Cr, a 88% sequential decline from ₹14.31 Cr in March 2026.
- Reported a net loss of ₹0.43 Cr for the quarter ended June 2026.
- Recognized ₹1.34 Cr in revenue from the sale of repossessed project area in Chennai.
- Finance costs remained high at ₹0.63 Cr, representing nearly 35% of total revenue.
- Total expenses of ₹2.22 Cr exceeded the total income of ₹1.79 Cr.
SSPDL Ltd has scheduled a board meeting for August 13, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. This follows a significant turnaround in FY26, where the company reported a PAT of ₹13 Cr compared to a loss of ₹2 Cr in FY25. Investors will be monitoring if the revenue momentum from Q4 FY26 (₹14.31 Cr) continues into the new fiscal year. The company's high debt of ₹41 Cr relative to its ₹22 Cr market cap remains a key focal point for financial stability.
- Board meeting scheduled for August 13, 2026, to approve Q1 results.
- Financials to cover the three-month period ended June 30, 2026.
- Company reported a TTM revenue of ₹28 Cr as of the latest fiscal year.
- Debt-to-equity ratio remains high at 4.10 with total debt of ₹41 Cr.
- Current market capitalization stands at approximately ₹22 Cr.
Financial Performance
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Operational Drivers
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Strategic Growth
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External Factors
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Regulatory & Governance
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