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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
SPML Infra Ltd is an India-based infrastructure development company. The Company is engaged in the business of infrastructure development, which, inter-alia, includes water management, water infrastructure development, waste water treatment, power generation, transmission and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent business, trading cheap versus its own history.
SPML INFRA is scored on the general / industrial framework. It keeps a slim 8.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -1.51×) — worth a closer look. Free cash flow is worth about -12.4% of its market value.
Book value itself has compounded 40%/yr — the hallmark of a genuine compounder. Return on equity is a weak 7.9%. In the latest quarter profit fell 17% versus the prior quarter.
At 14× earnings, the stock sits at the 3rd percentile of its own 1.9-year range — the cheap end of where it has historically traded. Today's price asks for only ~4%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.65 | 22.44 | better |
| P/B | 0.97 | 2.58 | better |
| EV/EBITDA | 14.39 | 29.45 | better |
| ROE | 7.88 | 6.27 | better |
| ROCE | 5.32 | 29.51 | worse |
| ROA | 3.71 | 3.35 | better |
| Quick Ratio | 1.54 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +56% swing — check if it's a one-off or structural.
Operating margin has expanded from 0% to 8% — the business is keeping more of each rupee earned.
ROE at 8% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 8pp across the window.
Profit grew faster than EPS (1382% vs 1026%) — share dilution is eroding per-share value. 1026% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Wide quarterly swings (32% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 35% above earlier ones.
Profit fell 17% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.9y median.
Promoters at 40.5% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.