Supreme Infrastructure India Ltd (SUPREMEINF)
🎯 Key Takeaways
- Supreme Infrastructure India Ltd is in a financial restructuring and recovery phase following a period of severe distress, marked by negative equity, mounting losses, and auditor-issued qualified opinions. The company has recently reported significant YoY revenue growth and a narrowing of losses, signaling early signs of stabilization after implementing financial restructuring measures.
- Revenue grew 73.7% QoQ to ₹24 in Q1FY27.
- ⚠️ Persistent losses and negative cash flow despite revenue growth raise concerns about sustainability of recovery.
- Market Cap
- ₹777
- P/E Ratio
- 0.1
- P/B Ratio
- 3.33
- ROE
- 2628.4%
- ROCE
- 381.7%
- Debt/Equity
- 6.25
- Promoter
- 47.3%
📖 The Story
Supreme Infrastructure India Ltd is in a financial restructuring and recovery phase following a period of severe distress, marked by negative equity, mounting losses, and auditor-issued qualified opinions. The company has recently reported significant YoY revenue growth and a narrowing of losses, signaling early signs of stabilization after implementing financial restructuring measures. However, it remains loss-making with a weak balance sheet and negative cash flow generation, placing it in a turnaround phase rather than a mature or growth stage.
📰 What's Happening
The company has recently published its unaudited Q1 FY27 results showing a 190% YoY revenue jump to ₹24.12 Cr, up from ₹13.89 Cr in Q4FY26, alongside a narrowed loss before tax of ₹(59.14) Cr compared to ₹(60.24) Cr previously. This improvement follows board approval of the quarterly results on August 14, 2026, and subsequent publication in regulatory filings. The financial restructuring has restored positive net worth of ₹178.09 Cr and improved profitability trends, enabling future growth initiatives. Additionally, committee reconstitution was completed on July 9, 2026, appointing new chairs for key boards, reflecting governance stabilization efforts.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 8 | 14 | 30 | 14 | 24 |
| Operating Profit | -4 | -5 | 6 | -4 | 0 |
| OPM % | -49.0% | -35.9% | 20.6% | -27.6% | 0.8% |
| Net Profit | -400 | 6,306 | -49 | -60 | -59 |
| EPS | ₹-66.17 | ₹1043.40 | ₹-6.78 | ₹-7.69 | ₹-6.07 |
Revenue has shown a sharp upward trend, rising from ₹8 Cr in Jun 2025 to ₹14 Cr in Sep 2025 and further to ₹14 Cr in Mar 2026 before jumping to ₹24.12 Cr in Jun 2026, indicating accelerating top-line growth. However, this has not yet translated into profitability, with net losses persisting at around ₹-60 Cr per quarter. Operating margins remain volatile, turning positive only in Dec 2025 (20.6%) before turning sharply negative again. The company’s financial trajectory reflects a recovery in scale but persistent operational inefficiencies and loss absorption, likely tied to restructuring costs or project-related expenditures.
🔮 Management Outlook & What's Next
Management has not provided explicit forward guidance in the reviewed filings, but the tone in the latest results commentary underscores confidence in future growth enabled by restored stakeholder trust and completed financial restructuring. The company emphasizes that the improved net worth and narrowed losses position it to pursue growth initiatives, suggesting an implicit expectation of continued operational recovery. However, no specific revenue, margin, or investment targets were disclosed in the available commentary.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 26 | 26 | 98 | 97 |
| Reserves | -6,439 | -5,529 | 136 | 246 |
| Borrowings | 2,858 | 2,863 | 1,460 | 1,436 |
| Total Liabilities | 2,670 | 2,680 | 2,689 | 2,681 |
| Fixed Assets | 89 | 91 | 86 | 87 |
| Investments | 1,626 | 1,608 | 1,627 | 1,626 |
| Total Assets | 2,670 | 2,680 | 2,689 | 2,681 |
The balance sheet shows a significant improvement in equity base, with equity and reserves rising from ₹26 Cr in Mar 2025 to ₹98 Cr + ₹136 Cr in Mar 2026, reflecting the positive impact of restructuring. However, borrowings remain high at ₹1,460 Cr, and total assets are flat around ₹2,680 Cr, indicating limited capital deployment. The company is not aggressively investing or deleveraging but appears to be stabilizing its capital structure post-restructuring, with little evidence of major asset sales or new debt issuance.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +11 |
| Investing | -3 |
| Financing | -8 |
| Net Cash Flow | -0 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 34.7% | 34.7% | 47.0% | 47.3% |
| FII | 8.6% | 8.6% | 3.0% | 3.0% |
| DII | 0.0% | 0.0% | 6.0% | 6.2% |
| Public | 30.2% | 30.6% | 12.8% | 12.0% |
| # Shareholders | 8,117 | 8,047 | 7,907 | 8,181 |
Promoter holding has declined from 34.68% in Q2FY26 to 46.95% in Q4FY26 and further to 47.32% in Q1FY27, suggesting partial recovery in confidence but still below historical levels. FII and DII holdings remain low at 3.02% and 6.19% respectively in Q1FY27, down from 8.55% and 5.95% in prior quarters, indicating limited institutional interest. The number of shareholders has decreased slightly, but retail participation remains modest. No signs of significant accumulation by promoters or institutions, suggesting cautious sentiment despite financial improvements.
⚖️ Peer Comparison — Infrastructure Developers & Operators
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Persistent losses and negative cash flow despite revenue growth raise concerns about sustainability of recovery. 2. Auditor’s qualified opinion in FY26 highlighted material uncertainties around going concern, unrecovered receivables, and valuation of distressed investments in SIBPL and SPITPL, which remain unresolved. 3. High and rising borrowings relative to equity suggest financial leverage remains a structural risk. 4. Low and declining institutional ownership reflects lack of confidence among key investors, potentially limiting access to capital.
📋 Recent Filings
- Announcement2026-09-28Supreme Infrastructure India Ltd announced that its designated insiders must cease trading in company shares starting October 1, 2026, until 48 hours …
- 🟡 Board Meeting2026-09-18The Registrar of Companies approved a one-month and 15-day extension for Supreme Infrastructure India's Annual General Meeting, moving the deadline fr…
- 🟡 Board Meeting2026-09-15Supreme Infrastructure India announced the appointment of Dr. Prabhakant as an Additional Non-Executive Independent Director effective September 15, 2…
- 🟡 Board Meeting2026-09-10The board of Supreme Infrastructure India Ltd announced a meeting on September 15, 2026, to consider the appointment of a proposed non-executive indep…
- 🔴 Announcement2026-09-10Supreme Infrastructure India Ltd announced a court-approved resolution plan that cuts its corporate guarantee exposure from ₹180 crore to ₹36.51 crore…
- 🔴 Financial Results2026-08-20Supreme Infrastructure India Limited reported revenue of Rs. 24.12 Crore for the quarter ended June 30, 2026, up from Rs. 13.89 Crore in Q4FY26, refle…
- 🔴 Financial Results2026-08-17Supreme Infrastructure India Limited announced the publication of its unaudited financial results for the quarter ended June 30, 2026, in Financial Ex…
- 🟡 Board Meeting2026-08-14The Board of Directors of Supreme Infrastructure India Limited approved the un-audited standalone and consolidated financial results for the quarter e…
- Announcement2026-07-21Supreme Infrastructure India Limited announced it has secured a ₹120 crore fixed deposit with State Bank of India to meet final settlement obligations…
- share transfer2026-07-15Supreme Infrastructure India Limited received a SEBI-mandated confirmation certificate from its RTA, Big Share Service Private Limited, for the quarte…
🧠 Analyst's Read
Supreme Infrastructure remains a high-risk, turnaround-oriented play with early signs of financial stabilization but no clear path to profitability yet. The next few quarters will be critical to determine if revenue growth can be sustained without further loss expansion or if the company can achieve operational breakeven. Investors should monitor upcoming financial results for margin improvement, clarity on project pipelines, and any reduction in leverage or resolution of auditor-flagged issues.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when SUPREMEINF files new disclosures
Track SUPREMEINF filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track SUPREMEINF — FreeFree account · 2 AI queries/day