Supreme Infrastructure Shares Rise 10% After Achieving Debt-Free Status via ₹2,200 Crore Settlement

Key numbers

Settlement Value	₹2,200 CrLegacy Debt Resolved
Market Cap	₹537.53 CrSmall Cap
P/E Ratio	0.09xIndustry: 28.75x
1-Year Return	-38.85%Price Performance
Deal value	₹2,200 Cr
Share of market cap	409.3%
Share of annual revenue	2711.4%

Key highlights

• Completion of ₹2,200 crore legacy debt resolution via court-sanctioned Scheme of Compromise
• Achievement of debt-free status following receipt of No Dues Certificates from all lenders
• Final phase settlement concluded with State Bank of India, Punjab National Bank, and Union Bank of India
• Implementation executed within 24 hours of the NCLT Mumbai Bench order dated October 28, 2026
• Strategic pivot to asset-light EPC contractor model with a ₹4,000 crore bidding pipeline

Restructuring Scale Dwarfs Market Valuation

Supreme Infrastructure India Limited has achieved a definitive milestone by completing a ₹2,200 crore debt settlement, a figure representing over 400 percent of its current market capitalization. The company implemented the court-sanctioned Scheme of Compromise under Sections 230-232 of the Companies Act, 2013, following an NCLT Mumbai Bench order on October 28, 2026. This fast-track implementation, concluded within 24 hours of the order and ahead of the October 31 deadline, resolves the company's entire legacy debt.

By securing full and final No Dues Certificates from its remaining lenders, the company transitions to a debt-free status, significantly altering its financial profile and clearing the path for operational bidding.

Consolidated Exit for Financial Creditors

• Final phase settlement successfully concluded with State Bank of India, Punjab National Bank, and Union Bank of India
• Total exit process concluded for all 14 financial creditors involved in the restructuring framework
• Release of all charges on assets following the receipt of final No Dues Certificates
• Accounting adjustments to follow, including the reversal of interest as per applicable standards
• Strategic transition from a leveraged BOT model to an asset-light EPC contractor focus

A Foundation for Operational Revival

Implementing the Scheme within 24 hours of the Tribunal's order and ahead of the final deadline marks a defining milestone for Supreme Infrastructure. This settlement reflects our commitment to supporting lender recovery and creating a stronger foundation for the Company's revival.

Operational Outlook and Bidding Pipeline

With the balance sheet deleveraged, the company is refocusing on its core competencies in roads, bridges, and water infrastructure. Despite a negative net profit of ₹59.16 crore in the quarter ended June 30, 2026, revenue grew 189.8 percent year-on-year to ₹24.12 crore, and operating margins improved to 5.3 percent. The company previously announced a potential project bidding pipeline exceeding ₹4,000 crore.

Management intends to leverage its improved pre-qualification capacity, resulting from the debt-free status and interest reversals, to bid for new private-sector and government infrastructure projects while maintaining a focus on disciplined project execution.

What to watch next

• 43rd Annual General Meeting scheduled for November 12, 2026
• Bidding outcomes for the ₹4,000 crore potential project pipeline
• Impact of interest reversal accounting adjustments in upcoming financial disclosures
• Operational revamping results in the Q2 FY27 earnings report

“Our focus now is on operational efficiency, disciplined project execution and sustainable growth.”

Supreme Infrastructure India · financial snapshot

Share price	₹55.13
Market capitalisation	₹537.53 Cr
Revenue (annual)	₹65.34 Cr
Net profit (annual)	₹5,796.50 Cr
Revenue (latest quarter)	₹24.12 Cr+73.68% vs previous quarter
Net profit (latest quarter)	-₹59.16 Cr+1.92% vs previous quarter
P/E (TTM)	0.09×Sector 32.24×
Promoter holding	47.32%0.00% QoQ
FII holding	3.02%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.