R.P.P Infra FY26: Order book expands, margins compress

Standalone revenue for FY 2025-26 was INR 1478.77 crore, compared with INR 1431.55 crore in FY 2024-25.

Standalone gross margin declined to 7.33% from 14.20%, EBITDA margin to 2.36% from 7.48%, and PAT fell to INR 7.79 crore from INR 65.47 crore.

The company cited a shift toward back-to-back subcontracted work, completion phase of earlier own-executed projects, initial-stage costs for new projects, input cost inflation, and exceptional project-specific losses.

The company reported 11 new projects awarded worth INR 2470.14 crore up to March 2026.

The company stated it has 39 projects with outstanding value of INR 3750.83 crore of work remaining to be executed as on date.

The Sri Lanka project is awaiting final building permit approval; the company has obtained piling approval and plans to commence piling work shortly.