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Company Information

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SRM CONTRACTORS LTD.

25 April 2025 | 12:00

Industry >> Construction, Contracting & Engineering

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ISIN No INE0R6Z01013 BSE Code / NSE Code 544158 / SRM Book Value (Rs.) 102.71 Face Value 10.00
Bookclosure 30/09/2024 52Week High 431 EPS 11.75 P/E 27.34
Market Cap. 737.31 Cr. 52Week Low 143 P/BV / Div Yield (%) 3.13 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated on September 4, 2008 as 'SRM Contractors Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 4, 2008 issued by the Registrar of Companies, Jammu. Subsequently, our Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of our Company at the extraordinary general meeting held on June 30, 2023 and the name of our Company was changed from "SRM Contractors Private Limited" to "SRM Contractors Limited", pursuant conversion from private to public company and a fresh certificate of incorporation dated August 11, 2023 issued by the Registrar of Companies, Jammu.

Major events and milestones:
2008
-Incorporated as SRM Contractors Private Limited

2011
-Awarded Road Project i.e. Improvement /upgradtion of Mandi Phagla Buffiaz road from km 6th to km15th on Mandi side and km 6th to km 16th on Buffliaz and construction of road (new)from km 16th to 25th on Mandi side and km17th to km 37th on Buffliaz side by way of rathwork cutting, X-drainage works, protection works, pavement etc (under CRF) on sub-contract basis, having a contract value of ? 3,241.14 Lakhs (as on date the Project is completed)

2014
-Successfully completed (through our the then JV) a Road Project i.e. Widening of Sakhi-Maidan-Kalai road in District Poonch, by ERA Jammu, having a contract value of ?773.88 lakhs

2015
-Successfully completed a Road Project i.e. Construction of balance work of approach road from Kanthan to Dugga village (length 28km) on the Katra-Dharam section of USBRL project, District Reasi in J&K, by KRCL, having a contract value of ?1,728 lakhs
-Our Company established Loran Valley Power Project Private Limited, a Subsidiary of our Company wherein our Company held 51% of the shareholding

2016
-Successfully completed a Road Project i.e. Providing and laying 25mm thick SBDC including 50mm thick Bituminous Macadam on Siot Kalakote road km 18th to 22nd by, PWD Jammu.

2017
-Successfully completed (through our then then JV) a Road Project i.e. Construction of balance work of approach road from Kanthan to Dugga village (length 28km) on the Katra-Dharam section of USBRL project, District Reasi in J&K, by KRCL having a contract value of ?2,650 lakhs.

2018
-Successfully completed a Road project i.e. Construction of road from Sangrampur to Gajansoo km 5th to km 14th by way of providing /lying of RBM filling , shingle Gr-11, 75mm thick wet mix macadam with paver finish 150mm thick in two layers of 75mmeach,50mm thick BM 25mm thick SDBC,12NOS 1M span RCC culvert, 16nos. 1.5m span RCC Culvert, 5no. 3m span RCC Culvert , 1nos 0.90m dia HP culvert , 13 nos. 0.60m dia HP culverts, 7nos. 0.45m dia HP Culvert, 3423 m pucca drain, 300m edge walls, 2nos vented causeways of 13.50m and 58m length each and 1no. PSC girder double lane bridge of 40m span along with approaches by PWD R&B Jammu having a contract value of ?2,469.60 lakh.

2019
-Our Company entered in Joint Bidding Agreement with M/s ECI Engineering & Construction Co. Ltd.
-Successfully completed a Road Project i.e. restoration of road by way of clearance of consolidated slips, surface boulder, side drain, culverts including reconstruction of damaged edge walls and R/wall on batote Kishtwar (NH-244) from 80.0000km to123.600 km division Doda in the state of Jammu & Kashmir by NHIDCL, having a contract value of ?2,525.56 lakhs.
-Our Company entered in Joint Venture Memorandum of Understanding Agreement with M/s Sai Engineering Foundation.
-Awarded (through our the then JV) Tunnel Project i.e. Construction of balance lining work of wider section of Tunnel T12 Adit lining of tunnel T6, Cut & Cover between tunnel T9 and T10 including miscellaneous works on Katra Dharam section of Udhampur-Srinagar-Baramulla new BG Railway Line Project, J&K State from KRCK, having a contract value of ?4,493.13 lakhs (as on date the Project is completed)

2020
-Our Company entered in Joint Venture Memorandum of Understanding Agreement with M/s Kapahi Construction Co.
-Our Company entered in Joint Venture Agreement with M/s Rajinder Infrastructure Private Limited.
-Our Company changed its registered office from "1A, Hillview, Near Higher Secondary School, Bahu Fort, Jammu - 180006, Jammu and Kashmir, India" to "Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu - 180012, Jammu and Kashmir, India".
-Awarded (through of JV) Slope Stabilization work i.e. Designing and construction of Reinforced Earth Embankments at Bridge no. 40, 41 & 42 on Katra-Dharam section of Udhampur-Srinagar-Baramulla Rail link Project in the state of Jammu & Kashmir from KRCL having a contract value of ?9,643.28 lakhs (as on date the Project is completed)
-Our Company entered in two Joint Venture Agreement with M/s Rajinder Infrastructure Private Limited.

2021
-Successfully completed Tunnel Project i.e. Construction of wider section of Tunnel for a length of 85m (appox) from km 42/977.50 to 43/062.50 in Tunnel no. 5 (Portal-1) and ancillary work on the Katra-Dharam Section of the Udhampur-Srinagar-Baramulla New BG Railway Line Project, Jammu & Kashmir by KRCL, having a contract value of ?3,226.18 Lakhs

2022
-Our Company entered in Joint Bidding Agreement with M/s Rajinder Infrastructure Private Limited.
-Awarded a Tunnel Project i.e. Construction Of Cut and Cover Tunnel Having 520 Mtrs Length Between Km 51+950 to Km 52+500 And 400 Mtrs Length between km 52+550 To Km 52+950 including Minor Bridge on D-S-DBO Road Under Project Himank in Ladakh (Union Territory) On EPC Mode (Net Tunnel Length 920 Mtrs) by BRO, having a contract value of ?9,873.40
-Awarded (though of JV) a Road Project i.e. Construction and Upgradation to NHSL Specification from Km 29+000 (N-32 ø49'14.26" & E- 78 ø44'53.76") to Km 60+652 (Salsa La Pass (N- 32 ø40'23.43" & E-78 ø33'44.38") (Design Chainage Km 29+000 to Km 54+900) of Road Hanle-Chumar Under Project Himank in Ladakh (Union Territory) on EPC Mode (Length 25.900 Km) by BRO, having a contract value of ?15,444.50

2023
-Awarded (through or JV) a Road Project i.e. Construction Of Realignment between Pandrass- Pashkyum (Net Length-27.10 Km) on Road Zozila-Kargil-Leh (NH-1) To 2 Lane Specifications I.E. Drass Realignment (9.30 Km), Kharboo Realignment (6.30 Km) & Kargil Alignment (11.50 Km) under Project Vijayak (Bro) in the Union Territory. of Ladakh on EPC Mode by BRO having a contract value of ?20,568.30
-Successfully completed a Tunnel Project i.e. construction of Tunnel T-15, Part Tunnel T-14 including Bridge No. 61 (between km 73.785 to 86.848 km approx) on Katra-Banihal section of Udhampur-Srinagar-Baramulla New BG Railway Line Project (Package T-15) having a contract value of ?16,876 Lakhs.
-Successfully completed a Rood Project i.e. Rehabilitation and up-gradation to 2 lane with paved shoulder from design km 74.350 to km 90.150 (package IV) under 13 TF on Akhnoor - Poonch road (NH- 144A) in the state of Jammu & Kashmir under BRO on EPC mode having a contract value of ?6,432.01lakhs.
-Our Company acquired 99% stake in SP Mangal Murti Enterprises Private Limited