Sattva Engineering promoters declare no encumbrance on shares for FY26

Sattva Engineering Construction Limited's promoter group has confirmed that no encumbrance was created on any equity shares held by them during the financial year ended March 31, 2026. The declaration, submitted to NSE on April 3, 2026, was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure assures investors that the promoters' shareholding remains free from liens or charges as of the declaration date.

The declaration was signed by promoters Santhanam Seshadri and Rajagopal Sekar on behalf of the entire promoter group. It explicitly states that no encumbrance of any nature exists on the equity shares held directly or indirectly by the promoters as of April 3, 2026. The filing includes a comprehensive list of all individuals and entities constituting the promoter and promoter group as on March 31, 2026.

Promoter and Promoter Group Details

The promoter group comprises 37 members, including individuals and private limited companies. The list categorizes the members into Promoters and the broader Promoter Group.

S. No.	Name
Promoter
1.	Santhanam Seshadri
2.	Rajagopal Sekar
3.	Sekar Uthra Jagachchandarr
Promoter Group
4.	Uthra Sekar
5.	S Narasimhan
6.	Kanaka Ravi
7.	R S Govindhen
8.	Santhanam Padmanabhan
9.	Kumadha Ramesh
10.	Rama Seshadri
11.	Manasaa S
12.	Srivatshan Seshadri
13.	Jayalakshmi
14.	K Sridhar
15.	Govindan K
16.	Balaji Kannan
17.	Rajagopal D
18.	Povunammal
19.	Sivasankari
20.	Latha Sekar
21.	Lakshmi Kumaresan
22.	T R Kumar
23.	Lokeswer Sekar Uthra
24.	R Thirunavukkarasu
25.	T Sundhari
26.	Srikanth N T
27.	Kannan Kavitha
28.	LJ Consulting Private Limited
29.	Sattva Logistics Private Limited
30.	Sattva Hi-Tech and Conware Private Limited
31.	Sattva Industries Private Limited
32.	Sattva Agro Expo Private Limited
33.	Sical Sattva Rail Terminal Private Limited
34.	Sattva CFS & Logistics Private Limited
35.	Visakha CFS and Logistics Private Limited
36.	Western Gateway Cargo Services Private Limited
37.	Vintage Integrated Logistics Services Private Limited
38.	Durai Shipping and Services Private Limited

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.80%	-4.39%	-10.65%	-7.31%	-37.81%	-37.81%

Sattva Engineering Construction Limited has reported a 43% year-on-year increase in profit after tax to INR13.1 crores for FY26, driven by a 32% rise in revenue from operations to INR143.2 crores. The company’s order book as of May 15, 2026, stood at INR447 crores, providing visibility for future growth. Management is targeting revenue growth of 50% to 60% over FY27 and FY28, supported by execution ramp-up and expansion into new geographies like Karnataka.

The financial performance for H2FY26 showed revenue of INR78.20 crores, an 8% increase compared to the previous year, with a profit after tax of INR8.6 crores. EBITDA for the full year FY26 stood at INR22.1 crores, with margins at 15.4%, a moderation from 17.1% in FY25 primarily due to the commencement of the Water Treatment Plant (WTP) segment which incurred initial ramp-up costs. The company’s net debt-equity ratio improved significantly to 0.2 in FY26 from 0.8 in the previous year, while the current ratio rose to 1.9.

Key Financial Metrics

Metric	FY26	FY25
Revenue from Operations	INR143.2 crores	INR108.6 crores
Profit After Tax	INR13.1 crores	INR9.1 crores
EBITDA	INR22.1 crores	-
EBITDA Margin	15.4%	17.1%
Net Debt-Equity Ratio	0.2	0.8

Operational Highlights

During the year, the company commissioned key projects and secured orders worth INR286 crores. Notable wins include a INR106 crore project for CMWSSB and orders from BWSSB Karnataka worth INR124 crores. The order book composition includes approximately INR127 crores from Karnataka, marking the company’s successful entry into that market. Trade receivables stood at INR49.5 crores as of March 2026, with 33% collected by the end of May 2026.

Management stated that the WTP segment is currently in the gestation phase and expects EBITDA margins to stabilize in the 15% to 16% range as operations scale up. The company is also focusing on the Odour Control System segment and Industrial and Utility Building vertical to expand its addressable market. Growth will be funded primarily through internal accruals and existing working capital facilities.