Synopsis:
SEPC Restricted has secured a ₹442.8 crore order for the “Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme” below the Pragati Yatra initiative in Kaimur district. The 24-month undertaking includes creating a water provide scheme below the Zamanian Pump Canal Division, Mohania.
The shares of Infrastructure Builders & Operators Firm, specializing in offering engineering, procurement, and building (EPC) providers throughout numerous sectors, jumped upto 10 % upon receiving an order value 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 Restricted jumped upto 9.9 %, making a excessive of Rs. 13.30 in comparison with its earlier closing worth of Rs. 12.10.
What occurred
SEPC Restricted, an organization engaged in offering engineering, procurement, and building (EPC) providers throughout numerous sectors, has introduced a prestigious Work Allocation Order from the Chief Engineer’s Workplace, Irrigation, Technology, Water Sources Division, Delhi, for the “Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme.”
The entire contract worth stands at Rs. 4,42,79,92,121.11 (roughly Rs. 442.80 crore). This undertaking is a part of the Pragati Yatra initiative and will probably be executed below the Zamanian Pump Canal Division, Mohania, in Kaimur district. The contract, categorised as a home water provide scheme, is to be accomplished inside 24 months.
Financials & Others
The corporate’s income rose by 15.05 % from Rs. 176 crore to Rs. 202 crore in Q1FY25-26. In the meantime, Internet revenue rose from Rs. 8 crores to Rs. 17 crores throughout the identical interval.
The corporate maintains a powerful monetary place with a low debt-to-equity ratio of 0.24. It has demonstrated strong efficiency, delivering a revenue progress of 38.4% CAGR over the past 5 years.
SEPC Restricted, previously referred to as Shriram EPC Restricted, is an engineering providers firm based mostly in Chennai, India. The corporate was integrated in 2000 and makes a speciality of offering end-to-end options for engineering challenges, with providers protecting design, engineering, procurement, building, and undertaking administration.
It operates primarily in enterprise segments akin to water infrastructure, course of and metallurgy, energy, mining, mineral processing, and common infrastructure. Its turnkey contracting options are provided for industries together with ferrous and non-ferrous crops, cement, energy, biomass, thermal, and wind, in addition to essential public infrastructure like water therapy and sewage methods.
SEPC Restricted serves a variety of reputed clients throughout each private and non-private sectors. Key Indian shoppers embody Ahmedabad City Growth Company, Delhi Jal Board, Chennai Petroleum Company, Gujarat Water Provide and Sewerage Board, Jindal Metal & Energy, Tata Metal, SAIL, and MECL, amongst others.
The corporate additionally has a notable worldwide presence, with clients like Basra Governorate (Iraq), Konkola Copper Mines (Zambia), and Moon Iron & Metal Firm (Oman). This numerous shopper base highlights SEPC’s sturdy credibility and international execution capabilities throughout sectors like infrastructure, water provide, and industrial improvement.
Written by Sridhar J
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