SEPC Ltd executed a settlement deed, entitling it to receive ₹304.5 million as per agreed terms. This resolves ongoing disputes, boosting liquidity for the EPC player amid strong order inflows like recent ₹86 Cr airport JV contract. Shares likely to react positively.
SEPC Limited, a Chennai-based EPC firm specializing in infrastructure, water, and metallurgy projects, finalized a settlement deed with undisclosed parties. The agreement guarantees ₹304.5 million inflow, strengthening its balance sheet post-recent JV wins and robust Q2FY26 results (revenue up 38.8% YoY).
Key Highlights
Cash Inflow: ₹304.5 million receivable per settlement terms, aiding working capital and growth capex.
Timely Boost: Follows ₹86 Cr Bihta Airport civil enclave order to SEPC-Furlong JV; UAE subsidiary's ₹85 Cr EPC subcontract.
Financial Momentum: Q2FY26 revenue ₹237 Cr (+38.8% YoY), net profit ₹8.3 Cr (+267% YoY); 5-yr profit CAGR 38%.
Strategic Edge: Mark AB-backed since 2022; focuses on airport/infra expansion amid India's capex surge.
Forward Outlook
This settlement enhances execution capacity, positioning SEPC for multibagger potential in infra boom.
Sources: Reuters (RTRS), Investing.com, Trade Brains