SPML Infra has a relatively high public shareholding, with around 62% of the equity owned by public shareholders, while promoters hold the remaining 38%. The company has seen increased investor interest in recent months amid a broader revival in select infrastructure and water management plays.
SPML Infra is an infrastructure development company with over four decades of expertise across power, water, environment, and technology sectors. With a pan-India presence, SPML has executed over 700 projects, creating critical infrastructure, including drinking water facilities, wastewater treatment, integrated sewerage networks, municipal waste management, power transmission & distribution, substations, rural electrification, and smart city solutions.
The company SPML has also contributed to providing clean drinking water to over 50 million people across urban and rural areas. Its order book is diversified across urban and rural projects, providing some revenue visibility.
Like many EPC players, SPML Infra’s performance has historically been linked to execution efficiency, working capital management and timely payments from government authorities. Investors typically track debt levels, cash flows and order inflows closely for such companies.
Vijay Kedia is known for investing in mid- and smallcap companies with long-term growth potential, often backing businesses that he believes can benefit from structural themes over time. His entry into SPML Infra through a bulk deal is likely to keep the stock on investors’ radar in the near term.