The shares of this infrastructure EPC-based company surged over 10 percent on Wednesday after the company announced that it had secured a work order worth Rs 75.6 crores. In this article, we will look at the details of the order.
With a market capitalization of Rs 2,930 crore, the shares of SEPC Ltd are currently trading at Rs 15.4 per share, down by 51.4 percent from its 52-week high of Rs 31.53 per share. In the last one year, the stock has delivered a negative return of 7 percent.
About the order
On Wednesday, SEPC announced that the company’s wholly owned subsidiary SEPC FZE, Sharjah, UAE, has been awarded a contract by Lauren Engineers & Constructors Inc. for the construction, supply, and installation of four units of 45,000-liter capacity steel tanks. The awarded contract is valued at Rs 75.6 crores. It added that the construction is to be undertaken in Fujariah, United Arab Emirates, and has to be executed within 15 months from the start of the project (including commissioning).
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Financial Highlights
The company reported a revenue decline of 5.44 percent to Rs 133.04 crores in Q3 FY25 from Rs 140.70 crores in Q3 FY24. Additionally, it also reported a decline of 19.71 percent in net profit to Rs 4.44 crores in Q3 FY25 from Rs 5.53 crores in Q3 FY24.
The stock has delivered an ROE and ROCE of 1.98 percent and 4.71 percent respectively and is currently trading at a P/E of 84.97x as compared to its industry average of 33.25x.
SEPC Limited is an integrated infrastructure company that delivers design, engineering, procurement, construction, and project management services in India and abroad. It offers turnkey solutions across sectors, including metals, cement, coke ovens, and material handling. SEPC also undertakes water and sewage treatment projects, thermal and renewable energy projects, and provides engineering services for mining and mineral processing.
Written by Satyajeet Mukherjee
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