Date: May 26, 2026

Financial Performance Overview

SEPC Limited announced its unaudited financial results for the quarter and twelve months ended March 31, 2026.

Consolidated Quarterly Performance (Q4 FY26 vs Q4 FY25)

| Particulars (₹ Cr) | Q4 FY26 | Q4 FY25 | YoY Change |

| Total Revenue | 288.95 | 126.11 | 129.12% |

| EBITDA | 25.32 | 23.60 | 7.30% |

| Net Profit | 13.73 | 10.02 | 37.00% |

| Net Profit Margin | 4.75% | 7.95% | -320 Bps |

| Diluted EPS (₹) | 0.07 | 0.06 | 16.67% |

Consolidated Annual Performance (FY26 vs FY25)

| Particulars (₹ Cr) | FY26 | FY25 | YoY Change |

| Total Revenue | 1085.84 | 646.02 | 68.08% |

| EBITDA | 108.92 | 98.94 | 10.09% |

| Net Profit | 53.54 | 24.84 | 115.53% |

| Net Profit Margin | 4.93% | 3.85% | 109 Bps |

| Diluted EPS (₹) | 0.30 | 0.16 | 87.50% |

Management Commentary

Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, provided commentary on the performance:

  • FY26 was described as a "defining year" marked by strong execution, disciplined delivery, and a clear strategic focus.
  • The growth is attributed to the strength of the operating model and the ability to deliver complex infrastructure projects.
  • The company made progress in diversifying its project portfolio across water and wastewater management, industrial infrastructure, and mining.
  • The strategic acquisition initiatives are noted to enhance technical capabilities and expand global footprint.
  • A favorable industry environment is cited, supported by increased government spending on infrastructure, rising investments in water management, and a push towards sustainable development.
  • The focus remains on improving project execution efficiency, optimizing cost structures, and selectively bidding for projects with better margin profiles.
  • The company is strengthening its order book quality to support sustainable revenue growth and margin expansion.
  • Management expressed confidence in maintaining growth momentum due to a healthy pipeline, improved operational discipline, and a diversified business mix.

Key Business Highlights

  • The company achieved a robust Order Book of Around ₹10,000 Crore with record FY26 order inflows, establishing a strong multi-year revenue pipeline.
  • SEPC completed the Strategic Acquisition of a 90% Stake in Avenir International Engineers and Consultants LLC.

About the Company

SEPC Limited (formerly Shriram EPC Limited) is an EPC company offering turnkey solutions across Water & Wastewater, Roads, Industrial Infrastructure, and Mining sectors. It specializes in the design, procurement, construction, and commissioning of large infrastructure projects across India, serving Central and State Government agencies.

Disclaimer

The document includes a standard disclaimer noting that certain forward-looking statements are subject to risks and uncertainties including government actions, economic developments, and technological risks. The company undertakes no obligation to update these statements.