SEPC Ltd, a prominent player in engineering, procurement, and construction (EPC) solutions, has secured new orders valued at ₹180 million, reinforcing its growing order book and underlining its execution capabilities in the infrastructure and industrial sectors.
New Order Win:
SEPC’s latest order, worth ₹180 million, adds to its robust pipeline of projects spanning water infrastructure, process plants, and industrial EPC. This win comes at a time when the company is actively expanding both its domestic and international footprint.
Expanding Order Book:
As of late 2024, SEPC’s total order book stood at over ₹8,450 crore, with a healthy mix of water projects, industrial plants, and international contracts, including major framework agreements in Saudi Arabia and bids in Uzbekistan. The new order further strengthens its revenue visibility for the coming quarters.
Financial Performance:
SEPC has reported a significant turnaround, with FY24 revenues rising to ₹561 crore and net profit reaching ₹22.78 crore. The company’s focus on operational efficiency, improved working capital management, and steady project execution has contributed to this positive momentum.
Strategic Growth Initiatives:
Recent rights issues and capital infusions are aimed at funding debt repayment, working capital, and supporting future growth. The company’s ability to win new contracts consistently highlights its reputation and technical expertise in the EPC domain.
Market Response:
SEPC shares have shown strong performance, reflecting investor confidence in its growth strategy and expanding order book. The company’s continued success in securing projects positions it well for further expansion in both domestic and global markets.
Sources: Economic Times, Angel One, Infomerics Ratings