Supreme Infrastructure India Ltd

Financial highlights

• Revenue from operations: Rs 24.12 crore in FY27, up ~190% YoY.
• Net worth reported at ₹178.09 crore.
• PBT: Rs (59.14) crore in FY27.
• PAT: Rs (59.14) crore in FY26; Rs (60.24) crore in Q4FY26.
• Final milestone achieved for Scheme of Compromise and Arrangement with lenders.
• Fixed Deposit of Rs 120 crore with SBI to meet balance obligations.
• BOT asset resolution foundation strengthened; common lender base with BOT SPVs aiding timely resolution.

Financial highlights

• FY27 revenue from operations: Rs 24.12 crore; Q4FY26: Rs 13.89 crore.
• Revenue from operations rose ~190% YoY.
• Net worth: ₹178.09 crore.
• PBT: Rs (59.14) crore in FY27, vs Rs (60.24) crore Q4FY26.
• PAT: Rs (59.14) crore in FY26; Rs (60.24) crore in Q4FY26.

Debt restructuring and BOT assets

• Final milestone achieved toward Scheme of Compromise and Arrangement with lenders.
• Created fixed deposit of Rs 120 crore with SBI to meet balance settlement obligations.
• BOT asset resolution framework strengthened with common lenders enabling time-bound resolution.

Outlook and strategic positioning

• Restoration of positive net worth supports operational revival and long-term growth.
• Management aims to capitalize on infrastructure opportunities with improved capital structure.
• BOT asset resolution expected to unlock value for stakeholders.

Dematerialisation processing status

• Securities received for dematerialisation were confirmed to depositories as accepted/rejected.
• Securities dematerialised have been listed on the stock exchange where the earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days.

Financial highlights

• Revenue from operations ₹65.33 crore in FY26 vs ₹66.16 crore FY25.
• EBITDA ₹(1.68) crore FY26 vs ₹(50.87) crore FY25.
• PBT ₹5,796.43 crore FY26 vs ₹(1,426.35) crore FY25.
• PAT ₹5,796.43 crore FY26 vs ₹(1,426.31) crore FY25.

Capital structure and debt resolution

• Positive net worth restored to ₹237.2 crore.
• Lender-approved Scheme of Arrangement substantially implemented.
• Equity infusion and warrant conversion strengthened capital structure.
• 11 of 14 lenders fully paid; NOCs obtained; security charges released.
• Equity plan completed July 2025; investors Kitara Capital, Vikas Khemani, Trishankti Power, Ovata Capital invested.
• BOT SPV lenders largely overlap with existing lenders; progress toward BOT asset resolution.

Operational and strategic progress

• New contracts aggregating to >₹100 crore secured in FY26.
• Settlement with lenders continues; focus on BOT assets resolution.
• Company aims to capitalise on infrastructure opportunities for long-term growth.

Outlook and focus

• Focus on EPC execution, recovery of claims, and sustainable growth.

Audited results

• Board approved standalone and consolidated audited financial statements for FY ended March 31, 2026.
• Independent Auditor's Report by Borkar & Muzumdar states an unmodified opinion.

Committee reconstitution

• Board meeting on July 9, 2026 reconstitutes Audit, Nomination & Remuneration, and Stakeholders Relationship Committees with immediate effect.
• Audit Committee reconstituted; Chander Parkash Sharma appointed Chair.
• Audit Committee composition: Sharma (Chair), Kaveri Deshmukh, Pankaj Sharma.
• Nomination & Remuneration Committee reconstituted; Kaveri Deshmukh appointed Chair.
• Nomination & Remuneration Committee composition: Deshmukh (Chair), Sharma, Pankaj Sharma.
• Stakeholders Relationship Committee reconstituted; Chander Parkash Sharma appointed Chair.
• Stakeholders Relationship Committee composition: Sharma (Chair), Deshmukh, Pankaj Sharma.
• All three appointments are effective immediately.

Financial results approved

• Audited standalone and consolidated financial results for quarter and year ended March 31, 2026 approved.
• Audit reports from statutory auditors on these results were approved.

Committee reconstitution

• Audit Committee reconstituted; Chair: Chander Parkash Sharma; members: Deshmukh and Sharma.
• Nomination and Remuneration Committee reconstituted; Chair: Kaveri Deshmukh; members: Chander Parkash Sharma and Pankaj Sharma.
• Stakeholders' Relationship Committee reconstituted; Chair: Chander Parkash Sharma; members: Deshmukh and Sharma.

Auditor declaration

• CFO declared unmodified opinion on standalone and consolidated results.

Auditors’ notes and going concern

• Material uncertainties related to going concern noted; management believes going concern basis appropriate.
• Basis for qualified opinion due to recoverability concerns on long-outstanding receivables and confirmations.
• SIBPL and SPITPL CIRP-related losses; recoverability not supported by evidence.
• OTS gain of ₹3,67,801.46 lakhs significantly impacting year performance.
• Reverse interest of ₹2,78,805.87 lakhs; profit overstatement.
• Corporate guarantees of ₹1,51,347.85 lakhs to lenders of subsidiaries not recognised.

Regulatory/compliance matters

• Two subsidiaries’ results unaudited; consolidated statement includes unaudited portions.

Board meeting rescheduled

• Original date: July 04, 2026; rescheduled to July 09, 2026.
• Agenda: Audited Financial Results (Standalone & Consolidated) for quarter and year ended March 31, 2026.
• Agenda: Other matters with Chairman's permission.
• Reason: unavoidable circumstances due to lender settlement requiring expert accounting review.
• Trading window closed since April 01, 2026; reopens 48 hours after results declaration.