SRM Contractors
- Company typePublic
- Founded2008
- HeadquartersJammu, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What SRM Contractors does
SRM Contractors Limited is an Indian EPC (Engineering, Procurement and Construction) infrastructure contractor headquartered in Jammu, Jammu & Kashmir, that was incorporated in 2008 and is publicly listed on the NSE under the ticker SRM (CIN: L45400JK2008PLC002933). The firm executes roads, tunnels, bridges, slope stabilization, and miscellaneous civil construction projects, with a distinctive specialization in extreme Himalayan terrain — including tunnel construction at 12,300 feet in Leh, a strategic underground cavern at 15,200 feet in Hanle for the Border Road Organization, and India's highest reinforced soil wall with railway loading at Reasi supporting the Chenab Rail Bridge.
The company's offering is organized around four core service verticals: Road Projects, Tunnel Projects, Slope Stabilization, and Miscellaneous Civil Construction. Its underlying technology stack is essentially physical-engineering rather than software: heavy specialized equipment, geotechnical methods (rock bolting, retaining structures, drainage, shotcrete, reinforced rock structures), and cut-and-cover/precast tunneling techniques tuned for high-altitude logistics. SRM monetizes exclusively through project-based EPC contracts awarded by government infrastructure authorities — notably NHAI, Maharashtra State Infrastructure Development Corporation, Maharashtra PWD, BRO, Konkan Railway, Northern Railway, Ircon International, and PWD Jammu — via competitive bidding, with contract values ranging from Rs 40 crore to Rs 4.83 billion and typical execution timelines of 12–18 months.
Revenue is recognized on milestone completion. SRM reported full-year FY 2025-26 sales of Rs 1,025.57 crore with net profit of Rs 111.02 crore (+101.85% YoY), and Q4 FY 2025-26 sales of Rs 445.75 crore (+95.87% YoY). The firm is 100% government-dependent, India-only, and operates with 1,001–5,000 employees under the leadership of Managing Director Puneet Pal Singh.
SRM Contractors firmographics
Firmographics- Name
- SRM Contractors
- Legal name
- SRM Contractors Limited
- Website
- https://srmcpl.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
SRM Contractors industry classification
Industry- Product category
- Civil Engineering and Infrastructure EPC Services
- NAICS
- Heavy and Civil Engineering Construction (237)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600)
- akta.pro primary industry
- Self-Performing General Contractors (IMAFAAAI)
- akta.pro secondary industry
- Public Works General Contracting (IMAFAAAG)
Keywords
Where SRM Contractors is headquartered
LocationHeadquarters
- HQ city
- Jammu
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
SRM Contractors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- EPC Contract Revenue: Engineering, Procurement and Construction contracts awarded by government infrastructure authorities. Revenue recognized upon project completion against milestones. Full-year sales of Rs 1,025.57 crore with net profit of Rs 111.02 crore for FY 2025-26.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
SRM Contractors product offering
Product offeringCore offering
SRM Contractors Limited is an EPC (Engineering, Procurement and Construction) infrastructure contractor that builds roads, highways, tunnels, bridges and slope stabilization works for central and state government infrastructure authorities across India. Its operations are concentrated in northern and western India (Jammu & Kashmir, Ladakh, Himachal Pradesh and Maharashtra), with a recognized specialization in extreme-altitude and challenging mountain-terrain construction, including high-altitude tunnel work, strategic underground caverns for defense clients, and reinforced soil walls supporting railway infrastructure. Contracts are secured through competitive government tendering and executed as lump-sum EPC projects on 12-18 month delivery timelines.
Product overview
SRM Contractors Limited operates as an EPC (Engineering, Procurement and Construction) infrastructure contractor offering specialized construction services through four core service verticals: Road Projects, Tunnel Projects, Slope Stabilization, and Miscellaneous Civil Construction. The company has developed particular expertise in extreme mountain terrains of Jammu & Kashmir and Ladakh, earning recognition for its engineering marvels including India's highest reinforced soil wall with railway loading, a strategic high-altitude cavern for the Border Road Organization, and India's longest precast cut-and-cover tunnel. The product portfolio includes completed projects (Katra Flats, RE Wall Reasi, Sumber, Tunnel T5, Tunnel T41, Sidhra Photos) and ongoing projects (Chenani Sudh Mahadev), with recent contract awards from NHAI and Maharashtra PWD valued at over Rs 168 crore, plus a Rs 4.83 billion Nashik Ring Road contract.
Differentiator
Problem solved
Functional benefit
Products and services
- Road Projects Construction and execution of road infrastructure projects, including highway construction, road upgrades and road maintenance services across various terrains in India, delivered to government highway authorities under EPC contracts.
- Tunnel Projects Specialized tunnel construction services including excavation, lining and finishing for transportation infrastructure, with particular expertise in high-altitude and mountain tunnel construction, delivered under EPC contracts to government clients.
- Slope Stabilization Geotechnical engineering services for slope stabilization, including rock bolting, retaining structures, protection works and drainage measures to improve slope stability along highway corridors, delivered to government highway and infrastructure authorities.
- Miscellaneous Civil Construction General civil construction services including reinforced soil walls, flat construction and other infrastructure support activities, delivered under EPC arrangements to government clients across India.
Quantifiable outcome
- Revenue grew 95.87% YoY to Rs 445.75 crore in Q4 FY26
- +2 more outcomes
Companies that use SRM Contractors
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
SRM Contractors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SRM Contractors partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Konkan RailwayminorLogo displayed as client/partner on SRM Contractors website. Konkan Railway Corporation Limited is a government enterprise operating the Konkan Railway route.
- HCCminorLogo displayed as client/partner on SRM Contractors website. Hindustan Construction Company is a major Indian construction conglomerate.
- ERAminorLogo displayed as client/partner on SRM Contractors website.
- Ircon InternationalminorLogo displayed as client/partner on SRM Contractors website. Ircon International is a government-owned railway construction company.
- PWD JammucoreLogo displayed as client/partner. Jammu & Kashmir Public Works Department is a key government client for infrastructure projects.
- Northern RailwayminorLogo displayed as client/partner on SRM Contractors website. Northern Railway zone of Indian Railways.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
SRM Contractors competitors and assessment
Company assessmentDirect peers
- IRB Infrastructure Developers: Indian highway developer and EPC contractor with extensive NHAI/state highway project portfolio. Comparable to SRM in road construction core, large government contracts, and North/West India footprint.
- Patel Engineering: Indian EPC contractor with strong tunneling, hydropower, and heavy civil expertise. Comparable to SRM in tunneling execution capability, heavy civil complexity, and reliance on central/state government contracts.
- NCC Limited: Indian listed EPC firm executing highways, tunnels, buildings, and water projects for government clients. Highly comparable to SRM in customer type (public-sector tenders), contract structure (EPC), and product mix (roads and civil infrastructure).
- Ircon International: Government-owned railway and infrastructure EPC company; listed as both a peer/partner and customer-type comparator to SRM. Comparable in railway and tunnel construction focus and government contract pipeline.
- Afcons Infrastructure: Indian heavy civil EPC specialist in tunnels, bridges, marine works, and highways for government and rail clients. Comparable to SRM in self-performing tunnel/bridge capabilities and government-dominated order book.
- Dilip Buildcon: Listed Indian highway EPC contractor with a large road project portfolio for NHAI and state PWDs. Comparable to SRM in highway focus, competitive-bid EPC contracts, and similar scale/customer profile.
- PNC Infratech: Highway and infrastructure EPC contractor in India executing NHAI/state highway packages via competitive bidding. Closely comparable to SRM in highway project mix, government tendering model, and milestone-based revenue recognition.
- Sadbhav Engineering: Indian highway and irrigation EPC contractor working primarily on BOT/EPC government contracts. Comparable to SRM in highway EPC bidding, government counterparty exposure, and project execution model.
- Hindustan Construction Company (HCC): Major Indian infrastructure conglomerate executing heavy civil, tunneling, and hydropower EPC projects. Listed explicitly as a client/partner on SRM's site and is a directly comparable heavy civil EPC contractor in India with similar government-facing project mix.
Broad incumbents
- Larsen & Toubro (L&T): India's largest diversified EPC conglomerate with heavy civil, tunnels, bridges, and roads as well as many other verticals. Relevant as a broader incumbent bidding for the same large government packages SRM targets, offering scale and balance-sheet advantages SRM lacks.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SRM Contractors social profiles
Digital presenceSRM Contractors financial estimates
Financial estimateRevenue estimate
Valuation estimate
SRM Contractors leadership team
Management profileNumber of profiles
Profiles1 record
SRM Contractors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SRM Contractors M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SRM Contractors
What does SRM Contractors do?
SRM Contractors Limited is an EPC (Engineering, Procurement and Construction) infrastructure contractor that builds roads, highways, tunnels, bridges and slope stabilization works for central and state government infrastructure authorities across India. Its operations are concentrated in northern and western India (Jammu & Kashmir, Ladakh, Himachal Pradesh and Maharashtra), with a recognized specialization in extreme-altitude and challenging mountain-terrain construction, including high-altitude tunnel work, strategic underground caverns for defense clients, and reinforced soil walls supporting railway infrastructure. Contracts are secured through competitive government tendering and executed as lump-sum EPC projects on 12-18 month delivery timelines.
Is SRM Contractors a public or private company?
SRM Contractors is a public company. It is classified as public and is currently operating.
When was SRM Contractors founded?
SRM Contractors was founded in 2008. It employs 1,001 to 5,000 people.
Where is SRM Contractors based?
SRM Contractors is headquartered in Jammu, India, in the Asia region.
How does SRM Contractors make money?
One revenue line is on record: EPC Contract Revenue.
Who are SRM Contractors's main competitors?
Direct peers on record are IRB Infrastructure Developers, Patel Engineering, NCC Limited, Ircon International, Afcons Infrastructure, Dilip Buildcon, PNC Infratech, Sadbhav Engineering and Hindustan Construction Company (HCC). Larsen & Toubro (L&T) is listed as a broad incumbent.
Does SRM Contractors have an API?
No public API is recorded for SRM Contractors.
What industry is SRM Contractors in?
SRM Contractors's product category is Civil Engineering and Infrastructure EPC Services. Its primary akta.pro industry code is IMAFAAAI, Self-Performing General Contractors, with a secondary code of IMAFAAAG, Public Works General Contracting. Its NAICS code is 237 and its SIC code is 1600.