The shares of a project management service provider gained up to 4 percent after the company bagged prestigious work orders from Bajaj Energy Private Limited for Rs 18 crore.
With a market capitalization of Rs 2,395.53 crore, the shares of SEPC Ltd were trading at Rs 15.32 per share, increasing around 1.66 percent as compared to the previous closing of Rs 15.07 apiece.
The shares of SEPC Ltd have seen positive movement after bagging prestigious work orders from Bajaj Energy Private Limited for Rs 18 crore. The order is for Operation & Maintenance Services for their 2 x 45 MW Power Plants at Barkhera Kalan, Maqsoodpur, Khambarkhera, Utraula & Kundarki plants at Uttar Pradesh. The execution period for these orders is 12 Months each.
Financial & Operational Highlights
Looking forward to the company’s financial performance, revenue plummeted by 6 percent from Rs 141 crore in Q3FY24 to Rs 133 crore in Q3FY25. During the same period, net profits decreased by 33 percent from Rs 6 crore to Rs 4 crore.
The MOKUL-SHRIRAM EPC JV secured a contract from Basra Governorate, Iraq, for designing and laying a 311 km sewerage network, 270 km stormwater network, 15.5 km trunk main, and 215 km roads. The project includes extensive infrastructure and utility development in the region.
The company serves a diverse clientele, including Ahmedabad Urban Development Corporation, NMDC Ltd, JSPL, Delhi Jal Board, Kochi Refineries Ltd, and Tata Steel, reflecting its strong presence across urban development, mining, steel, and public utility sectors with a reputation for reliable project execution.
SEPC Limited is an India-based service provider of integrated design, engineering, procurement, construction, and project management services for water and waste-water treatment plants, water infrastructure, process and metallurgy plants, power plants, and mines and mineral processing.
Written by Abhishek Singh
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