---
title: "Srinibas Pradhan Constructions Ltd (SPCON) — Share Price, Financials & Analysis"
symbol: "SPCON"
company: "Srinibas Pradhan Constructions Ltd"
canonical: "https://tapetide.com/stocks/SPCON"
isin: "INE0TPJ01019"
nse_symbol: "SPCON"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 121.85
generated_at: "2026-09-13T19:57:02.496Z"
---

# Srinibas Pradhan Constructions Ltd (SPCON)

Canonical page: https://tapetide.com/stocks/SPCON

## Company

- **NSE Symbol:** SPCON
- **ISIN:** INE0TPJ01019
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2026-03-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** srinibaspradhan.com

## About

Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of public infrastructure projects.[1]

## Latest Price

- **Price:** ₹155
- **Change:** +5 (+3.33%)
- **Open:** ₹158.05
- **Day High:** ₹173
- **Day Low:** ₹155
- **Previous Close:** ₹150
- **Volume:** 4800
- **As Of:** 2026-09-09T04:35:03+00:00

## Key Fundamentals

Observed at 2026-09-11T04:54:24.895994Z.

- **Market Cap:** ₹121.85 Cr
- **Classification:** SME
- **P/E (reported):** 14.9
- **Book Value:** ₹52.28
- **Price to Book:** 2.96
- **Dividend Yield:** 0%
- **ROE:** 41.4%
- **ROCE:** 51.63%
- **Debt to Equity:** 0.37
- **Revenue (yearly):** ₹90.21 Cr
- **Net Income:** ₹8.09 Cr
- **EBITDA:** ₹14.97 Cr
- **52-Week High:** ₹173
- **52-Week Low:** ₹99
- **RSI (14):** 59.66

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 155 days.
- Working capital days have increased from 45.9 days to 88.5 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -599.64% | — | -214.63% |
| ebitda margin growth | 14.03% | 5.2% | 267.63% |
| net income growth | 22.58% | 77% | — |
| revenue growth | 0.57% | 51% | 83.8% |
| roce | -6.16% | -30.77% | 54.23% |
| roe | -10% | 47.77% | -25.97% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 54.27 | 45.59 | 44.63 |
| Expenses | 47.94 | 37.95 | 37.29 |
| Operating Profit | 6.33 | 7.64 | 7.34 |
| OPM % | 11.66 | 16.76 | 16.45 |
| Other Income | 0.04 | 0.04 | 0.05 |
| Interest | 0.9 | 0.98 | 0.8 |
| Depreciation | 1.32 | 1.14 | 1.13 |
| Profit before tax | 4.15 | 5.56 | 5.46 |
| Tax % | 25.06 | 26.08 | 24.91 |
| Net Profit | 3.1 | 4.11 | 4.1 |
| EPS in Rs | 7.11 | 6.69 | 5.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 4.31 | 26.35 | 35.27 | 89.68 | 90.21 |
| Expenses | 4.12 | 24.23 | 29.69 | 76.45 | 75.24 |
| Operating Profit | 0.19 | 2.12 | 5.58 | 13.23 | 14.97 |
| OPM % | 4.41 | 8.05 | 15.82 | 14.75 | 16.59 |
| Other Income | 0 | 0 | 0.02 | 0.04 | 0.09 |
| Interest | 0 | 0 | 0.27 | 1.77 | 1.77 |
| Depreciation | 0.02 | 0.13 | 0.57 | 2.7 | 2.27 |
| Profit before tax | 0.17 | 1.99 | 4.76 | 8.8 | 11.02 |
| Tax % | 23.53 | 25.63 | 25.63 | 25.23 | 25.5 |
| Net Profit | 0.13 | 1.49 | 3.55 | 6.59 | 8.21 |
| EPS in Rs | 43.33 | 158.85 | 8.57 | 15.11 | 10.44 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.03 | 0.09 | 4.14 | 4.36 | 7.86 |
| Reserves | 0.12 | 2.57 | 3.57 | 11.55 | 33.24 |
| Borrowings | 0.32 | 0 | 1.88 | 17.25 | 15.27 |
| Other Liabilities | 3.28 | 3.83 | 11.23 | 22.6 | 24.01 |
| Total Liabilities | 3.75 | 6.49 | 20.82 | 55.76 | 80.38 |
| Fixed Assets | 0.46 | 0.73 | 2.92 | 11.84 | 11.1 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1.76 | 0 | 0 |
| Other Assets | 3.29 | 5.76 | 16.14 | 43.92 | 69.28 |
| Total Assets | 3.75 | 6.49 | 20.82 | 55.76 | 80.38 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.26 | -0.34 | 2.76 | -13.79 | -5.09 |
| Cash from Investing Activity | -0.48 | -0.41 | -5.89 | -1.73 | -1.75 |
| Cash from Financing Activity | 0.32 | 0.7 | 3.14 | 15.6 | 13.51 |
| Net Cash Flow | 0.1 | -0.05 | 0.01 | 0.08 | 6.66 |
| Free Cash Flow | -0.22 | -0.75 | 0 | -14.35 | -6.75 |
| CFO/OP | 158 | 8 | 62 | -89 | -23 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 178.69 | 29.09 | 67.68 | 122.18 | 155.41 |
| Inventory Days | 96.05 | 39.08 | 126.77 | 83.43 | 84.73 |
| Days Payable | 633.95 | 100.55 | 212.03 | 169.54 | 90.29 |
| Cash Conversion Cycle | -359.21 | -32.38 | -17.58 | 36.07 | 149.85 |
| Working Capital Days | -9.32 | 25.63 | 23.8 | 25.32 | 88.53 |
| ROCE % | — | 127.16 | 82.12 | 49.45 | 28.57 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2026 |
| --- | --- |
| Promoters | 62.1% |
| FIIs | 0% |
| DIIs | 0% |
| Government | 0% |
| Public | 19.83% |
| Others | 18.07% |
| No. of Shareholders | 339 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 10 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 151.1 | Buy |
| EMA (10) | 150.27 | Buy |
| SMA (20) | 147.8 | Buy |
| EMA (20) | 147.06 | Buy |
| SMA (50) | 139.66 | Buy |
| EMA (50) | 140.5 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.66 | Neutral |
| MACD (12,26,9) | 4.1 | Buy |
| Stochastic (14,3,3) | 78.64 | Neutral |
| ADX (14) | 16.88 | Neutral |
| Williams %R (14) | -40.04 | Neutral |
| ATR (14) | 6.76 | High Volatility |
| ROC (12) | 14.81 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 44.21 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 April 2026 - Received A Class PWD contractor registration on April 8, 2026, valid until March 31, 2028. | [Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals 9 April 2026 - Received A Class PWD contractor registration on April 8, 2026, valid until March 31, 2028.](https://nsearchives.nseindia.com/corporate/SPCL_09042026114812_Intimation_of_Registration_Certificate_under_A_Class.pdf) |
| 7 Sep - Newspaper advertisements published for 6th AGM and e-voting on 7 September 2026. | [Copy of Newspaper Publication 7 Sep - Newspaper advertisements published for 6th AGM and e-voting on 7 September 2026.](https://nsearchives.nseindia.com/corporate/SPCL_07092026172916_Intimation_Newspaper.pdf) |
| 5 Sep - 6th AGM on 30 Sep 2026; cut-off date 23 Sep and e-voting from 26-29 Sep 2026. | [Record Date 5 Sep - 6th AGM on 30 Sep 2026; cut-off date 23 Sep and e-voting from 26-29 Sep 2026.](https://nsearchives.nseindia.com/corporate/SPCL_05092026215836_Record_Date.pdf) |
| 5 Sep - 6th AGM on 30 Sep 2026 to adopt FY26 results, reappoint director, and seek Rs100 crore borrowing powers. | [Shareholders meeting 5 Sep - 6th AGM on 30 Sep 2026 to adopt FY26 results, reappoint director, and seek Rs100 crore borrowing powers.](https://nsearchives.nseindia.com/corporate/SPCL_05092026215438_Intimation_Notice_final.pdf) |
| 31 March 2026 - Wholly-owned subsidiary received Special Class Odisha PWD registration on Mar 30, 2026; valid until Mar 31, 2028. | [Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals 31 March 2026 - Wholly-owned subsidiary received Special Class Odisha PWD registration on Mar 30, 2026; valid until Mar 31, 2028.](https://nsearchives.nseindia.com/corporate/SPCL_31032026124358_Intimation_for_Registration_Certificate.pdf) |
| 31 March 2026 - Trading window closed Apr 1 until 48 hours after audited results for half-year and FY ended Mar 31, 2026. | [Trading Window 31 March 2026 - Trading window closed Apr 1 until 48 hours after audited results for half-year and FY ended Mar 31, 2026.](https://nsearchives.nseindia.com/corporate/SPCL_31032026121339_Intimation_of_Closure_of_Trading_Window.pdf) |
| 30 May 2026 - Board approved audited FY26 standalone/consolidated results on May 30, 2026; standalone revenue ₹6,042.52 lakh, profit ₹566.19 lakh. | [Outcome of Board Meeting 30 May 2026 - Board approved audited FY26 standalone/consolidated results on May 30, 2026; standalone revenue ₹6,042.52 lakh, profit ₹566.19 lakh.](https://nsearchives.nseindia.com/corporate/SPCL_30052026194305_Outcome_of_Board_Meeting_Signed.pdf) |
| 30 May 2026 - Board appointed internal auditor A Mukesh & Associates and secretarial auditor Sugandha Garg & Associates on 30 May 2026. | [Change in Auditors 30 May 2026 - Board appointed internal auditor A Mukesh & Associates and secretarial auditor Sugandha Garg & Associates on 30 May 2026.](https://nsearchives.nseindia.com/corporate/SPCL_30052026195234_Appointment_of_Internal_and_Secretarial_Auditors.pdf) |
| 30 May 2026 - Audited standalone and consolidated FY26 results filed on May 30, 2026; IPO proceeds largely utilised. | [Integrated Filing- Financial 30 May 2026 - Audited standalone and consolidated FY26 results filed on May 30, 2026; IPO proceeds largely utilised.](https://nsearchives.nseindia.com/corporate/SPCL_30052026200129_Financial_Results_Signed.pdf) |
| 27 Jun - Exchange has sought clarification from Srinibas Pradhan Constructions Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. … | [Clarification - Financial Results 27 Jun - Exchange has sought clarification from Srinibas Pradhan Constructions Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SPCON&tabIndex=sme) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31511_SPCON_2025_2026_A_5163363_05092026152134.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:57:02.496Z.