Synopsis:
SEPC Limited has secured a ₹442.8 crore order for the “Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme” under the Pragati Yatra initiative in Kaimur district. The 24-month project involves developing a water supply scheme under the Zamanian Pump Canal Division, Mohania.
The shares of Infrastructure Developers & Operators Company, specializing in providing engineering, procurement, and construction (EPC) services across various sectors, jumped upto 10 percent upon receiving an order worth Rs. 443 crore for the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme
With a market capitalization of Rs. 2,558.90 Crores on Thursday, the shares of SEPC Limited jumped upto 9.9 percent, making a high of Rs. 13.30 compared to its previous closing price of Rs. 12.10.
What happened
SEPC Limited, a company engaged in providing engineering, procurement, and construction (EPC) services across various sectors, has announced a prestigious Work Allocation Order from the Chief Engineer’s Office, Irrigation, Generation, Water Resources Department, Delhi, for the “Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme.”
The total contract value stands at Rs. 4,42,79,92,121.11 (approximately Rs. 442.80 crore). This project is part of the Pragati Yatra initiative and will be executed under the Zamanian Pump Canal Division, Mohania, in Kaimur district. The contract, classified as a domestic water supply scheme, is to be completed within 24 months.
Financials & Others
The company’s revenue rose by 15.05 percent from Rs. 176 crore to Rs. 202 crore in Q1FY25-26. Meanwhile, Net profit rose from Rs. 8 crores to Rs. 17 crores during the same period.
The company maintains a strong financial position with a low debt-to-equity ratio of 0.24. It has demonstrated robust performance, delivering a profit growth of 38.4% CAGR over the last five years.
SEPC Limited, formerly known as Shriram EPC Limited, is an engineering services company based in Chennai, India. The company was incorporated in 2000 and specializes in providing end-to-end solutions for engineering challenges, with services covering design, engineering, procurement, construction, and project management.
It operates mainly in business segments such as water infrastructure, process and metallurgy, power, mining, mineral processing, and general infrastructure. Its turnkey contracting solutions are offered for industries including ferrous and non-ferrous plants, cement, power, biomass, thermal, and wind, as well as important public infrastructure like water treatment and sewage systems.
SEPC Limited serves a wide range of reputed customers across both public and private sectors. Key Indian clients include Ahmedabad Urban Development Corporation, Delhi Jal Board, Chennai Petroleum Corporation, Gujarat Water Supply and Sewerage Board, Jindal Steel & Power, Tata Steel, SAIL, and MECL, among others.
The company also has a notable international presence, with customers like Basra Governorate (Iraq), Konkola Copper Mines (Zambia), and Moon Iron & Steel Company (Oman). This diverse client base highlights SEPC’s strong credibility and global execution capabilities across sectors like infrastructure, water supply, and industrial development.
Written by Sridhar J
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