Sattva Engineering Construction reported a 43.2% increase in net profit to ₹1,309.41 lakh for the year ended March 31, 2026, driven by a 31.9% rise in revenue from operations to ₹14,322.86 lakh. The engineering, procurement, and construction (EPC) company also saw its basic earnings per share (EPS) improve to ₹8.47 from ₹7.64 in the previous year.

The board of directors approved the audited financial results at its meeting held on May 25, 2026. The company, which listed on the Emerge platform of the National Stock Exchange of India Limited on September 3, 2025, operates in a single reportable segment focused on EPC and related operation and maintenance services.

Financial Performance

Revenue from operations for the full year grew to ₹14,322.86 lakh from ₹10,856.60 lakh in the prior year. Total income increased to ₹14,402.54 lakh. The company managed its expenses effectively, with total expenses rising to ₹12,631.26 lakh from ₹9,715.19 lakh. Profit before tax stood at ₹1,787.52 lakh, up from ₹1,261.35 lakh in the previous year.

Balance Sheet and Cash Flows

The company's balance sheet showed a strengthening of shareholders' funds, which increased to ₹8,814.58 lakh from ₹4,342.00 lakh. This rise was supported by the issuance of 47,16,800 shares of ₹10 each at a premium of ₹65 via an Initial Public Offer (IPO). Trade receivables increased significantly to ₹4,954.63 lakh from ₹3,302.04 lakh, while cash and cash equivalents improved to ₹837.16 lakh from ₹336.41 lakh.

Cash flow from operating activities was negative at ₹1,265.19 lakh, compared to ₹563.26 lakh in the previous year, primarily due to working capital changes. However, cash flow from financing activities turned positive at ₹2,079.88 lakh, driven by proceeds from the issue of share capital amounting to ₹3,163.17 lakh.

Auditor's Report

Raghavan & Muralidharan, Chartered Accountants, audited the annual financial results. In their report, the auditors stated that the results are presented in accordance with the requirements of Regulation 33 of the SEBI (LODR) Regulations, 2015, and give a true and fair view in conformity with the applicable accounting standards. The report also noted that the results for the half year ended March 31, 2026, are balancing figures between the audited full-year figures and the published unaudited half-year figures.

Sattva Engineering Construction Limited, in a consortium with JSR Infra Developers Private Limited, has secured a wastewater treatment infrastructure project from Thiruverkadu Municipality worth ₹108.4 crore. The project, awarded under the Design-Build-Operate-Transfer (DBOT) model, encompasses the design, engineering, construction, and commissioning of a 46 MLD sewage treatment plant at Koladi, Tamil Nadu. This contract strengthens the company's presence in the urban water and environmental infrastructure sector, providing long-term revenue visibility through a 10-year operation and maintenance component.

The Letter of Acceptance was issued on June 12, 2026, referencing Tender Notice No. 2422/2024/E1. The project utilizes Sequential Batch Reactor (SBR) technology and requires the consortium to execute the design, construction, and commissioning within 18 months. Following the construction phase, the companies will manage the plant's operation and maintenance for a period of 120 months.

Financial terms of the agreement stipulate a total contract value of ₹108.4 crore, excluding GST. The value is divided into two primary components: the construction phase is valued at ₹78.8 crore, while the operation and management phase accounts for ₹29.6 crore. The disclosure was submitted to the National Stock Exchange of India Limited (NSE Emerge) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details