SEPC Limited Reports 105% Surge in Q1 Net Profit, Secures Multiple Contracts
SEPC Limited announced impressive Q1 financial results with net profit surging 104.80% to ₹16.50 crore. Total income grew by 14.40% to ₹203.80 crore. The company successfully raised ₹350 crore through a rights issue. SEPC secured significant contracts including a ₹18 crore power plant O&M contract in Uttar Pradesh, a USD 8.9 million international infrastructure project in UAE, and a ₹650 crore solar EPC project in Maharashtra. Management expressed confidence in the company's strengthened position and growth prospects.
04Aug 25
SEPC Limited: Supreme Court Orders Rs 39.5 Crore Disbursement in GPE (India) Limited Case
The Supreme Court of India has ordered the disbursement of Rs 39.50 crore plus interest to GPE (India) Limited in a case involving SEPC Limited (formerly Shriram EPC Limited) and Twarit Consultancy Services Private Limited. The amount includes Rs 31 crore previously deposited and Rs 8.50 crore in new demand drafts. SEPC Limited states this will have no financial impact on the company due to an existing indemnification agreement. The case is scheduled for further hearing on August 19.
12Jun 25
SEPC Secures 133 MW Solar Power Project Contract in Maharashtra
SEPC Limited has received a Letter of Award from Parmeshi Urja Ltd for the Engineering, Procurement, and Construction of a 133 MW AC Solar Power Project across 26 locations in Maharashtra. The project involves designing solar power systems, sourcing equipment, and constructing infrastructure at multiple sites. This contract strengthens SEPC's position in India's renewable energy market and aligns with the country's goals for expanding solar power capacity.
11Jun 25
SEPC Secures ₹650 Crore EPC Order for 133 MW Solar Power Project Across Maharashtra
SEPC Limited has been awarded a Letter of Award from Parmeshi Urja Ltd for a 133 MW AC Solar Power project across 26 sites in Maharashtra. The Engineering, Procurement, and Construction (EPC) contract is valued at ₹650.00 crore. This project marks a significant expansion for SEPC in the solar energy sector and demonstrates their capability to handle complex, multi-location renewable energy installations. The execution timeline is yet to be finalized and will be determined in upcoming meetings with the client.
29May 25
SEPC's Q4 Results Show Significant EBITDA and Profit Growth Despite Revenue Dip
SEPC's Q4 financial results show improved profitability despite revenue decline. EBITDA increased to ₹153.00 crore from ₹69.00 crore year-over-year, with EBITDA margin expanding to 12.98% from 4.63%. Consolidated net profit rose to ₹100.00 crore from ₹67.00 crore. However, revenue decreased to ₹1,200.00 crore from ₹1,480.00 crore, an 18.92% year-over-year decline. The results highlight SEPC's focus on operational efficiency and cost management amid challenging market conditions.
SEPC Ltd's UAE subsidiary, SEPC FZE, has won a Rs 75.60 crore ($8.90 million) order from Lauren Engineers & Constructors INC. The 15-month project involves constructing, supplying, and installing four 45,000-liter steel tanks. Following the announcement, SEPC's stock price increased by 7.21%, trading at Rs 15.31.
15May 25
SEPC Secures ₹180.00 Crore Order, Boosting Business Prospects
Shriram EPC Limited (SEPC) has won a new order worth ₹180 crore (1.80 billion rupees). This significant contract is expected to enhance the company's revenue, strengthen its order book, and potentially improve its market position. SEPC operates in the engineering and construction sector, focusing on areas such as water infrastructure, process and metallurgy, power, and mining.
SEPC Ltd has received Final Acceptance Certificates from the Steel Authority of India Limited (SAIL) for a ₹39 crore project at the Durgapur Steel Plant. This achievement signifies successful project completion, enhances SEPC's portfolio in the steel sector, and is expected to positively impact revenue recognition. The milestone demonstrates SEPC's project execution capabilities and may strengthen its position for future contracts in India's industrial engineering sector.
SEPC Expands into Saudi Arabia with ROSHN Group Framework Agreement
SEPC Limited has executed a framework agreement with ROSHN Group Company in Saudi Arabia, enabling participation in infrastructure projects. SEPC has bid for projects in Jeddah North, Phase 1A, worth approximately ₹2,200 crore. The company expects to receive 'Call-off Orders' for at least one zone. This potential project value is comparable to SEPC's current market capitalization of ₹2,100 crore. Additionally, SEPC's wholly-owned subsidiary has been renamed from 'Shriram EPC (FZE)' to 'SEPC FZE'.