SEPC share price & results
- Jun 2026
- Sept 2026
Chennai-based EPC contractor building water, solar, mining and infrastructure projects across India and the Gulf.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 119 | +50.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 9.0 | −14.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -18.0 | −357.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 1.58 | +0.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -25.03 | −2.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 80.45 | +69.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −57.2% 1Y
1Y: ₹11.41 on 24 Oct 2025 → ₹4.88. High ₹11.43 (29 Oct 2025), low ₹4.65 (23 Mar 2026).
- Previous close
- ₹4.79
- Market cap
- ₹917 Cr
- 52-week range
- ₹4.65 – ₹11.43
- One year
- −57.16%
- Price to earnings (TTM to Jun 2026)
- 33.96×
- Return on equity (TTM to Jun 2026)
- 1.58%
Overview
- Symbol
- NSE:SEPC
- Sector
- Construction
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What SEPC Limited does
Based on the company's own presentations, annual report and earnings calls.
SEPC Limited is a turnkey engineering, procurement and construction (EPC) company, earning revenue by executing municipal water and wastewater treatment infrastructure, roads, and metallurgical/process plant projects. It is expanding into large-scale solar power EPC, power-plant operation & maintenance, and deep-shaft underground mining, alongside its traditional civil and process-plant contracting. The company also pursues international infrastructure contracts in the Gulf through step-down subsidiaries in the UAE, Oman and Saudi Arabia. Recent order wins span a 133 MW AC solar power EPC project across 26 locations in Maharashtra, a drinking-water project in Bihar, a power-plant O&M contract in Uttar Pradesh, and a framework agreement for infrastructure works with the Roshn Group in Saudi Arabia.
Segments
- Water & Wastewater Infrastructure
- Solar Power EPC
- Deep Shaft Mining
- Power Plant O&M
- Roads & Metallurgical/Process Plants
- International Infrastructure (Gulf)
- Core business lines
- Water/wastewater, roads, metallurgical & process plants, solar EPC, power O&M, deep-shaft mining
- International subsidiaries
- 3 — SEPC (FZE) Sharjah (UAE), Shriram EPC Arkan LLC Muscat (Oman), SEPC Arabia Limited (Saudi Arabia)
- Geographic footprint
- India and the Gulf (UAE, Oman, Saudi Arabia)
- Shriram EPC Arkan LLC ownership
- 70% step-down subsidiary of SEPC (FZE), Sharjah
- Notable completed project
- Deep Shaft Mining project for Hutti Gold Mines Ltd., Karnataka — Final Acceptance Certificate received, qualifying SEPC for future underground mining work
- Recent solar EPC project footprint
- 133 MW AC solar power project spanning 26 locations in Maharashtra
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −357% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 171 | 133 | 118 | 79 | 141 | 175 | 154 | 119 |
| Expenses | 163 | 130 | 102 | 60 | 135 | 157 | 150 | 109 |
| Operating profit | 8 | 4 | 15 | 19 | 5 | 17 | 4 | 10 |
| Operating margin | 4.5% | 2.6% | 13.0% | 23.0% | 3.8% | 10.0% | 2.6% | 9.0% |
| Other income | 11 | 13 | 8 | 2 | 14 | 0 | 15 | 9 |
| Interest | 10 | 9 | 12 | 9 | 12 | 10 | 9 | 11 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 7 | 6 | 10 | 9 | 6 | 6 | 9 | 6 |
| Tax rate | 67.0% | 20.0% | 0.0% | 27.0% | 44.0% | 42.0% | 13.0% | 400.0% |
| Net profit | 2 | 5 | 10 | 7 | 3 | 4 | 7 | -18 |
| EPS (₹ per share) | 0.01 | 0.02 | 0.05 | 0.04 | 0.02 | 0.02 | 0.04 | -0.09 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 378 | 561 | 598 | 549 |
| Expenses | 445 | 533 | 547 | 502 |
| Operating profit | -66 | 27 | 51 | 45 |
| Other income | 158 | 46 | 34 | 31 |
| Interest | 60 | 44 | 44 | 40 |
| Depreciation | 5 | 4 | 4 | 4 |
| Profit before tax | 25 | 22 | 36 | 30 |
| Net profit | -5 | 22 | 25 | 21 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 972 | 1,322 | 1,410 | 1,564 | 1,940 | 1,943 |
| Reserves | -225 | -237 | -202 | -61 | -59 | -63 |
| Borrowings | 981 | 409 | 455 | 358 | 365 | 353 |
| Other liabilities | 321 | 368 | 404 | 452 | 689 | 546 |
| Total liabilities | 2,048 | 1,861 | 2,066 | 2,313 | 2,935 | 2,780 |
| Fixed assets | 41 | 36 | 31 | 26 | 25 | 22 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 2 | 2 |
| Other assets | 2,006 | 1,824 | 2,034 | 2,287 | 2,908 | 2,755 |
| Total assets | 2,048 | 1,861 | 2,066 | 2,313 | 2,935 | 2,780 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -47 | -70 | 21 | -119 | -132 | -263 |
| Cash from investing | 21 | 1 | 12 | -23 | 4 | -7 |
| Cash from financing | 25 | 68 | -6 | 127 | 118 | 289 |
| Net cash flow | 0 | -1 | 27 | -15 | -11 | 19 |
| Free cash flow | -47 | -70 | 24 | -119 | -133 | -264 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 225 | 338 | 234 | 149 | 180 | 186 |
| Cash conversion cycle | 225 | 338 | 234 | 149 | 180 | 186 |
| Working capital days | 229 | 164 | 618 | 520 | 619 | 847 |
| Return on capital employed | −2.0% | −1.0% | −3.0% | 5.0% | 6.0% | 4.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
India contributes 51.2% of reported segment revenue.
Quarter ended 31 Dec 2025 · Consolidated
- India 51.2%
₹174.51 crore
- Rest of the World 48.8%
₹166.46 crore
- NA 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| India | 174.51 | 51.2% |
| Rest of the World | 166.46 | 48.8% |
| NA | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹340.97 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹340.97 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Public hold 76.24% as of Sept 2026; institutions cut 0.56 pts since Jun 2026.
- Promoters 9.38%
- Foreign institutions 0.68%
- Domestic institutions 13.71%
- Public 76.24%
Who is on the register
Named in the Sep 2026 filing
Every holder of SEPC Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 9.33% | −2.29 pp | |
| Bank | 4.95% | unchanged |
| Bank | 4.40% | unchanged |
| Bank | 1.95% | unchanged |
| Bank | 1.40% | unchanged |
| 0.05% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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