Srinibas Pradhan Constructions Limited (SPCON)
📢 Recent Corporate Announcements
Srinibas Pradhan Constructions Limited informed the exchange regarding the completion of an Analyst/Investor group meet held virtually on September 16, 2026. The company stated that discussions were strictly based on publicly available information without sharing any Unpublished Price Sensitive Information (UPSI). As per regulations, relevant details are to be uploaded to the company's official website.
- Virtual group meeting conducted on 16th September, 2026
- Filing made under Regulation 30 and Regulation 46(2) of SEBI LODR Regulations, 2015
- Company confirmed no Unpublished Price Sensitive Information was shared during the session
Srinibas Pradhan Constructions Limited (SPCON) released its FY26 investor presentation following its NSE Emerge listing in March 2026. For FY26, the company posted consolidated revenue from operations of ₹9,021.30 lakhs (₹90.21 crore) and a PAT of ₹821.02 lakhs (₹8.21 crore), achieving an ROE of 28.8%. The order book stood at ₹113 crore as of March 31, 2026, representing approximately 1.25x annual revenue. Additionally, post-IPO deleveraging reduced the debt-to-equity ratio significantly from 1.12x in FY25 to 0.37x in FY26.
- FY26 total income reached ₹9,030.24 lakhs with PAT rising to ₹821.02 lakhs
- Consolidated order book stood at ₹113 crore across 35 ongoing projects as of March 31, 2026
- Debt-to-equity ratio improved sharply to 0.37x in FY26 compared to 1.12x in FY25
- Roads & Highways formed the dominant business segment, accounting for 82.32% of FY26 revenue
- Cash flow from operating activities was negative at -₹509.43 lakhs due to high working capital absorption
Srinibas Pradhan Constructions Limited has scheduled a virtual group meeting with analysts and investors on Wednesday, September 16, 2026. The company stated that discussions will be strictly restricted to publicly available information without discussing any unpublished price sensitive information (UPSI). Such interactions are routine procedural disclosures under Regulation 30 of SEBI Listing Regulations.
- Virtual group meeting scheduled for September 16, 2026
- Meeting format will be entirely virtual with Analysts/Investors
- Discussions to rely strictly on publicly available information without UPSI
Srinibas Pradhan Constructions Limited has scheduled its 6th Annual General Meeting (AGM) for Wednesday, September 30, 2026, at 12:00 Noon IST. The cut-off date to determine shareholder eligibility for remote e-voting has been set as Wednesday, September 23, 2026. Remote e-voting will commence on September 26, 2026 (9:00 AM IST) and conclude on September 29, 2026 (5:00 PM IST). Ms. Sugandha of M/s. Sugandha Garg & Associates has been appointed as the scrutinizer.
- 6th Annual General Meeting scheduled for September 30, 2026, at 12:00 Noon IST
- Record/Cut-off date for remote e-voting fixed as September 23, 2026
- Remote e-voting window open from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Ms. Sugandha appointed as scrutinizer for the remote e-voting and ballot paper process
Srinibas Pradhan Constructions Limited has issued notice for its 6th Annual General Meeting scheduled for September 30, 2026. Key special resolutions include seeking shareholder approval under Section 180(1)(a) for creation of charges on company assets for borrowings and under Section 185 for loans, guarantees, or securities. The cut-off date to determine voting eligibility is September 23, 2026, with remote e-voting running from September 26 to September 29, 2026.
- 6th Annual General Meeting scheduled for September 30, 2026 at 12:00 Noon
- Cut-off date for voting eligibility set as September 23, 2026
- Remote e-voting window open from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Special resolutions include Section 180(1)(a) asset charge creation and Section 185 loan/guarantee approvals
- Re-appointment of Mrs. Jyotshna Pradhan (DIN: 10539331) retiring by rotation
Srinibas Pradhan Constructions Limited (SPCON) has provided a detailed breakdown of ₹500.00 Lakhs in IPO proceeds utilized for working capital during the fiscal year ended March 31, 2026. This clarification was issued following queries from the NSE regarding the specific deployment of funds. The company disclosed that approximately 90% of the utilized IPO funds (₹449.92 Lakhs) were directed toward the supply of goods and services. As of March 31, 2026, the company's total net working capital stood at ₹2,220.75 Lakhs, supported by ₹1,595.21 Lakhs from internal accruals.
- ₹500.00 Lakhs of IPO proceeds utilized for working capital requirements in FY26
- ₹449.92 Lakhs spent specifically on the supply of goods and services
- Total Net Working Capital reported at ₹2,220.75 Lakhs as of March 31, 2026
- Trade Receivables constitute a major portion of current assets at ₹2,552.05 Lakhs
- Internal accruals and reserves funded ₹1,595.21 Lakhs of the working capital requirements
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.