SEPC Limited has officially announced securing a major purchase order worth ₹230.00 crore from MOIL Limited, a government undertaking, for a comprehensive turnkey project at the Chikla Mine in Maharashtra. The company disclosed this significant contract win through a regulatory filing under SEBI Regulation 30, highlighting the strategic importance of this infrastructure development project.

Order Value Breakdown

The total order value comprises two distinct components, with the domestic scope valued at ₹167.85 crore and an international component of USD 36.52 lakh for imported plant and machinery. SEPC Limited emerged as the lowest bidder through a competitive global tender process, demonstrating the company's cost-effective project execution capabilities.

Project Specifications

The contract encompasses the complete designing, construction, furnishing, and equipping of the 3rd vertical shaft at Chikla Mine on a turnkey basis. This comprehensive scope positions SEPC Limited as the single-point solution provider for this critical mining infrastructure development, demonstrating the company's integrated engineering capabilities.

Financial Performance Context

SEPC Limited has demonstrated steady operational performance with recent financial results showing consolidated total income of ₹455.00 crore in H1 FY26, alongside EBITDA of ₹54.00 crore and net profit of ₹24.85 crore. The company's annual performance for FY25 included revenue of ₹597.65 crore, EBITDA of ₹98.94 crore, and net profit of ₹24.84 crore.

Strategic Business Impact

This substantial order from MOIL Limited significantly strengthens SEPC Limited's position in the mining infrastructure sector, particularly in specialized vertical shaft construction. According to Managing Director Venkataramani Jaiganesh, the order reinforces SEPC's execution capabilities in the mining infrastructure segment and reflects continued trust from public sector clients. The turnkey nature of the project showcases the company's comprehensive engineering capabilities, covering the entire project lifecycle from initial design through final equipment installation and commissioning.

SEPC Limited has announced the receipt of a purchase order worth ₹269.69 crores for a railway infrastructure project. The company informed stock exchanges about this contract award under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The purchase order has been awarded by Vishnu Prakash R Punglia Limited on a sub-contract basis for railway infrastructure development. The project is specifically connected to the Ajmer-Chanderiya Doubling Project of Ajmer Division, North Western Railway. The project has been awarded to the VPRPL-SBEL Joint Venture, with SEPC Limited responsible for execution of the project works under the control and supervision of the Joint Venture.

Comprehensive Project Scope

The project encompasses extensive formation and civil works across the Mandpiya to Chanderiya section, including:

• Earthwork in embankment filling, cutting, and blanketing
• Construction of important, major, and minor bridges
• Road under bridges (RUBs) and limited height subways
• Foot over bridges and trolley refuges
• Toe walls, retaining walls, pitching, and side drains
• Construction of station buildings and allied service buildings
• Platform works, platform shelters, and staff quarters
• Permanent way (P-Way) works including supply of ballast, transportation of P-Way material, and laying and linking of broad-gauge track
• Miscellaneous works including general electrical works

Project Timeline and Financial Performance

The railway infrastructure project comes with a defined execution timeline of 24 months from the date of issue of Letter of Award (LOA) by the department or any extension issued thereof. SEPC Limited reported strong financial performance with Consolidated Total Income of ₹455.00 crores, EBITDA of ₹54.00 crores, and Net Profit of ₹24.85 crores.

Management Commentary and Strategic Impact

Commenting on the order win, Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, stated that the project reinforces SEPC's execution capabilities in large-scale railway infrastructure works and reflects the confidence placed in their technical and delivery strengths. He emphasized that railways remain a key focus area for the company, and their role in executing this project under North Western Railway further strengthens their transportation infrastructure portfolio.

The ₹269.69 crore order strengthens SEPC's transportation infrastructure order book and reinforces its growing presence in the railway EPC segment. The project forms part of Indian Railways' capacity augmentation initiatives aimed at improving operational efficiency and connectivity on key routes, supporting balanced growth across the company's core infrastructure verticals.