SEPC Share Price Rises 11.15% on Mar 13, 2025; Secures ₹2,200 Crore Saudi Contract

SEPC Limited has been in focus on Thursday. On March 13, 2025, SEPC share price opened at ₹15.90, almost the same as its previous close of ₹15.34. At 10:24 AM, the share price of SEPC was trading at ₹17.05, up by 11.15% on the NSE. Notably, the stock price hit its 52-week low recently, on March 3, 2025, at ₹12.02. 

Framework Agreement in Saudi Arabia

Looking at the recent developments, SEPC announced on March 12, 2025, regarding a Framework Agreement with ROSHN Group Company, Riyadh, Saudi Arabia (KSA). 

Under this agreement, SEPC will undertake infrastructure projects in KSA and has submitted bids for three zones in Jeddah North, Phase 1A, worth SAR 893 million (~₹2,200 crores). As per the agreement, SEPC is expected to receive Call-off Orders for at least one zone, ensuring a significant revenue stream.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company reported a total income from operations of ₹15,975.40 lakh, compared to ₹18,194.17 lakh in the previous quarter (September 30, 2024) and ₹16,081.06 lakh in the same quarter last year. 

On a year-to-date basis, the total income stood at ₹51,990.27 lakh for the nine months ended December 31, 2024, marking an increase from ₹44,544.54 lakh in the corresponding period of the previous year. 

The company’s profit after tax (after exceptional and/or extraordinary items) for the quarter ended December 31, 2024, was ₹444.40 lakh, rising from ₹229.23 lakh in the previous quarter but lower than ₹553.47 lakh in the same quarter of the previous year. The year-to-date profit after tax stood at ₹1,481.60 lakh, compared to ₹1,611.71 lakh in the previous year. 

About SEPC Ltd

SEPC, formerly known as Shriram EPC Ltd until February 2021, was established in June 2000. The company specialises in executing EPC contracts, offering comprehensive solutions in design, engineering, procurement, construction, and project management across water, process & metallurgy, and infrastructure sectors.

Conclusion

The framework agreement strengthens SEPC’s international presence and has boosted investor sentiment. The stock’s upward momentum reflects optimism about its growth prospects.

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