Investor presentation

SPML Date: 14th August, 2026 National Stock Exchange BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Plot No. C/1, G Block, Dalal Street, Bandra (E), Mumbai-400051 Mumbai-400001 (NSE Scrip Code: SPMLINFRA) (BSE Scrip Code: 500402) Sub: Investor Presentation – Financial Result Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir(s), Please find enclosed herewith the Investor Presentation on the Unaudited Financial Results of the Company for the 1st quarter ended on June 30th , 2026. The above is for your information and records. The aforesaid information is also being hosted on the website of the Company viz. https://www.spml.co.in Kindly take the same on records. Thanking you, For SPML Infra Limited Swat i Digitally signed by Swati Agarwal AgarwalDate: 2026.08.14 17:16:36 +05'30' Swati Agarwal Company Secretary Encl.: As above SPML INFRA LIMITED CIN: L-tOl06WBl98lPLC276372 Rood.Oflice:22,CamacStreet,Block-A.3rdFloor.Kolkata700016 ph:+91 334009120011247 E-mail:info@spml.oo.inIWebsite:www.spml.co.in llEE.E§ SPML SPML INFRA LIMITED Engineering Life Earnings Presentation Q1FY27 I ,I.'-... I'J. - .1-1. . l . .|' ..... 'E ~. .w Fl .." |.f'. -'. ._| ..'. rI I'l ll -= E'= *-'E.l :. .-_ """.. J .*. .' "_'. .'- .-i' vI " ':| |T '': .0 ."" ;.~r .'- .. .r r Jld l'".l .'..-.._up ll l. I . . .'.-I. .1|1'1.- l '.5 l1'1-.-au I- l 11 1-I . wwww.spml.co.inww.spml.co.in g-: .I .. .;.*.. ll-.'..-|. .- *T 11 J Disclaimer .I- SPML HErfiiri-t?F:r=!*Li _.r|e. This document contains statements about expected future events and financial and operating results of SPML Infra Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the assumptions, predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the management’s discussion and analysis of the SPML Infra Limited. Investor Presentation 2 Key Highlights of Q1FY27 s PML u/ Er={,§i.i{r=:I u54 Operational Highlights ir a. REVENUE ORDER BOOK ( ) Secured ₹1,128 Cr BESS Project: Awarded a landmark contract by till June, 2026 IE I Rs 285.67 Cr Rs 5,094 Cr NTPC to develop a 1 GWh Battery Energy Storage System (BESS) at the Barauni Thermal Power Station, marking SPML Infra's first large- scale grid-scale BESS project. 11 EBITDA EBITDA MARGIN Won ₹165.4 Cr Power Transmission Order: Secured a contract from ( > Rs 28.27 Cr 9.90% RRVPNL for the construction of a 400 kV Grid Substation and Transmission Infrastructure at Kota, Rajasthan, further i i strengthening the Company's presence in the high-voltage PAT PAT MARGIN transmission segment. Rs 22.70 Cr 7.95% ( > Strengthened Credit Profile • SPML Infra's credit profile registered a significant improvement, A7l ORDER INFLOW with CRISIL assigning and ICRA upgrading a rating of BBB till June, 2026 (Stable) to the company. Rs 1,293 Cr Ready to Capture the Infra Upside - From Budget to Order Book Capital Expenditure 17.1 15.5 13.2 12.5 10.5 8.3 10.5 11.2 11 12.2 6.4 9.5 5 5.3 7.4 3.8 4.5 4.5 5.9 2 1. .5 3 2 1. .8 7 2 1.. 96 3 1. .1 9 3 1.. 94 2.3 2.4 3.1 3 2.7 4.3 3.1 4.9 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2025-26 2026-27 BE RE BE Capex Grant in Aid for Assets Effective Capex Investor Presentation §PML Ewnmwnrnn UE: Water Sector Energy Sector Budget 2026–27 Allocation • Total Water Sector Outlay: • Total energy sector allocation: ₹84,000+ crore ₹1,09,029 crore • ₹67,670 crore for Jal Jeevan Mission • ₹1,000 crore Viability Gap Funding – targeting tap water for every rural for Battery Energy Storage Systems SPML 2.0: Ready to Capture the Infra Upside household (BESS) Marks a structural push towards grid stability and renewable 0 Water EPC Qualification Moat → Sustained JJM & AMRUT Order • ₹8,000 crore for AMRUT 2.0 – integration Inflows transforming urban water SPML’s proven execution of 400+ MLD WTPs, 10,000+ km infrastructure • ₹1,775 crore for grid-connected solar pipelines and up to 20-year O&M, combined with recent wins projects creating immediate demand (covered in the next slide), positions it among the few fully pre- • ₹5,226 crore for River interlinking & for storage solutions qualified players capable of converting accelerated tenders into repeat orders. irrigation – ensuring agricultural water security • Customs duty exemptions on BESS capital goods and solar inputs BESS + Energy Vault Tie-up → Scalable Power Growth Engine • ₹3,100 crore for National Ganga Plan dramatically improving project Strategic partnership with Energy Vault provides access to proven – cleaning India’s lifeline river economics global storage technology Combined with SPML’s 45+ year power & grid execution legacy we are an early mover in utility-scale BESS deployment Budget allocations → Tenders → Orders → Revenue → Growth New Order Wins till date §PML Ewnmwnrnn UE: Project Client Name / Scheme Location Order Type Order Value (Rs. Cr) Rajasthan Rural Water Supply + Jal Jeevan Mission Project (JV with JWIL Infra) (PHED) -– Consortium with 51% share 1,438 (Bharatpur) 10-yr O&M Madhya Pradesh Water Supply Project under AMRUT 2.0 Indore Municipal Corporation Urban Water Supply + 10-yr O&M 1,073 (Indore) Rajasthan Water Supply + Water Infra Project – Kekri-Sarwar (Package III) Jal Jeevan Mission – Govt. of India 385 (Ajmer) 10-yr O&M Konar Irrigation Project Water Resource Deaprtment Jharkhand Irrigation Infrastructure + 10-yr O&M 618 Reservoirs, Pumping & Distribution Tamil Nadu Reservoir & Pumping Station Project CMWSSB – Consortium with 26% share + 258 (Chennai) 20-yr O&M Nonera Water Supply Project-JJM Project (JV PHED, Jhalawar, Rajasthan- 10% Share Rajasthan (Kota) Water Supply + 10-yr O&M 207 with Shree Hari Infraprojects) Water Infra Project under AMRUT in JV with CMWSSB- 26% Shares Tamil Nadu-Chennai Water Supply + 15-yr O&M 344 JWIL , and Vishnusurya Projects BESS, NTPC Thermal Power Stations NTPC Ltd. Baruni, Bihar BESS Implementation- EPC 1,128 ............... ..................... ....... .. ......... Supply, erection, testing and Grid Substation & Transmission Infrastructure RRPVNL Kota, Rajasthan 165.4 commissioning of 400 kV New Order Wins (Total) 5,616 Analysis of Order Book as on 30th June 2026 QPML ErHi:'1*.*"rUn Margin Transition – Legacy vs New Orders Legacy • The legacy portfolio structured on a back-to-back basis, carrying no execution or orders cash flow liability for the company with lower margin profiles. • Increasing share of new orders will meaningfully improve blended margins going forward. New orders 75% • Projects are largely executed through an escrow mechanism, resulting in a significantly lower working capital requirement. Key Strategic Shift Legacy orders New orders • Focus on cash-rich states & funded projects • Every newly secured order meets our defined criteria of higher margins, price Outstanding Orderbook value 5,094 Cr protection, zero complexity • Expected Margins : 10 - 12%, Execution speed: 3 - 4 years Segment Amount (in INR crs) ; Legacy Orders 1,251 New Orders 3,843 Outlook • As legacy projects taper, margin profile improves meaningfully. Secured Major Rs 1,128 Cr BESS Order Win Project Scope Execution Timeline • Scope includes supply, civil works, erection and commissioning of a 250 MW / 1,000 MWh • 18-month delivery period from contract Battery Energy Storage System (BESS). date • Followed by 15 years of O&M ensuring • Project comprises 5 MWh DC battery containers integrated with Battery Management System s [Showing first 8,000 characters — download PDF for full document]