SRM CONTRACTORS LIMITED — Earnings Release 2025

Feb 11, 2025

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Dated: 11.02.2025

To, The Manager, The General Manager, Department of Corporate Services Department of Corporate Services BSE Limited The National Stock Exchange of India Limited Floor 25, P.J. Towers, Plot No. C/1, G Block, Bandra Kurla complex, Dalal Street, Mumbai – 400 001 Bandra, Mumbai – 400 051 BSE Scrip code – [544158] NSE Scrip code – [SRM] Equity ISIN INE0R6Z01013

Sub: Press Release – Financial Results

Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Please find enclosed herewith a copy of the Press Release on the Unaudited Financial Results of the company for the quarter and nine months ended on December 31, 2024.

This is for your information and record .

Thanking you,

For SRM Contractors Limited

ARUN Digitally signed by ARUN MATHUR MATHUR Date: 2025.02.11 19:09:29 +05'30'

Arun Mathur Company Secretary & Compliance Officer M.No.:36848

Encl: As stated above

SRM CONTRACTORS LIMITED

(Formerly known as ‘SRM CONTRACTORS PRIVATE LIMITED’) CIN: U45400JK2008PLC002933 Regd. Office: Sector-3, Near BJP Head Office, Trikuta Nagar, Jammu-180012 Telefax:0191 2472729. Email:srmcontractors@gmail.com; GSTIN: 01AAMCS4397M1ZT

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FINANCIAL PERFORMANCE FOR QUARTER & NINE MONTHS ENDED 31 DECEMBER 2024

SRM Delivers Robust growth in Profitability

PAT grows YoY by 135% in Q3 and 22% in 9M

Revenue grows YoY by 74% in Q3 and 27% in 9M

Stellar growth in Order Intake of over 440.14% YoY - YTD Order Intake surpasses Rs. 1336.65 crore

Healthy Order Book + LOA as on date of over Rs 1663.69 crore

Jammu, February 11, 2025 : SRM Contractors Limited, today announced its results for the third quarter (Q3 FY25) and nine months (9M FY25) ended December 31, 2024.

Consolidated Financial Performance:

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Q3 FY25 v/s Q3 FY24 9M FY25 v/s 9M FY24
Revenue: Rs. 154 crore against Rs. 88 crore Revenue: Rs. 308 crore against Rs. 242 crore
EBITDA: Rs. 26 crore against Rs. 8 crore EBITDA: Rs. 55 crore against Rs. 36 crore
EBITDA Margin : 16.81% against 9.5% EBITDA Margin : 17.78% against 14.7%
PBT: Rs. 21 crore against Rs. 5 crore PBT: Rs. 41 crore against Rs. 27 crore
PBT Margin: 13.8% against 5.9% PBT Margin: 13.4% against 11%
PAT: Rs. 16 crore against Rs. 4 crore PAT: Rs. 31 crore against Rs. 20 crore
PAT Margin: 10.4% against 4.4% PAT Margin: 10.1% against 8.3%
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Standalone Financial Performance:

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Q3 FY25 v/s Q3 FY24 9M FY25 v/s 9M FY24
Revenue: Rs. 151 crore against Rs. 87 crore Revenue: Rs. 303 crore against Rs. 237 crore
EBITDA: Rs. 23 crore against Rs. 8 crore EBITDA: Rs. 50 crore against Rs. 31 crore
EBITDA Margin: 15.4% against 9.6% EBITDA Margin: 16.6% against 13.1%
PBT : Rs 19 crore against Rs 5 crore PBT : Rs 37 crore against Rs 22 crore
PBT Margin: 12.4% against 6% PBT Margin: 12.2% against 9.2%
PAT: Rs. 14 crore against Rs. 4 crore PAT: Rs. 28 crore against Rs. 15 crore
PAT Margin: 9.4% against 4.5% PAT Margin: 9.2% against 6.5%
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SRM CONTRACTORS LIMITED

(Formerly known as ‘SRM CONTRACTORS PRIVATE LIMITED’) CIN: U45400JK2008PLC002933

Regd. Office: Sector-3, Near BJP Head Office, Trikuta Nagar, Jammu-180012 Telefax:0191 2472729. Email:srmcontractors@gmail.com; GSTIN: 01AAMCS4397M1ZT

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Consolidated Order Intake and Order Book:

Order Intake:

YTD Order intake of over Rs. 1336.65 crore, substantial growth of more than 440.14% YoY.

Order Book:

YTD Order Book of Rs. 1656.69 crore; Additionally, LOA of over Rs. 7 crore

Mr. Sanjay Mehta, MD & Chairman, SRM Contractors Ltd. commented , “We have delivered a good performance for the quarter, reflected in the significant growth in profitability, record order intake and a robust order book. Despite various challenges, we achieved growth in our Revenues. Our EBITDA margins improved to 16.81% in Q3 FY25 compared to 9.5% in Q3 FY24. The outlook in all our major businesses remains optimistic. With a solid and diversified order book + LOA of over Rs. 1663.69 Cr, improved execution visibility, benign cost environment and a substantial tender pipeline, we are well positioned to deliver sustained growth in the coming quarters.”

About SRM Contractors Limited

SRM Contractors Ltd (“SRM” or the “Company”) was established in 2008 and is headquartered in Jammu. It specializes in infrastructure development projects in challenging terrains of Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh, Arunachal Pradesh apart from other infrastructure projects in Gujarat and Odisha. It mainly focuses on contracts on EPC mode and HAM mode.  The Company is known for its expertise in building roads & bridges, tunnels and slope stabilization projects. It essentially partners with government and private entities to enhance regional connectivity and assists them in capitalizing on rising infrastructure opportunities. The company is striving to expand its scope of services to includes the aerial ropeways, hydroelectric projects and major civil infrastructure works in mining sector