Penny Stock Below Rs 10 with Huge Rs 10,455 Crore Orders in Hand; Order Book Scales New Peak

SEPC Limited has reached a decisive growth phase, with its consolidated Order Book hitting a record peak of Rs 10,455 crore as of December 31, 2025. This surge is fuelled by massive FY26 order inflows totalling Rs 5,954 crore within just nine months. On a standalone basis, the company’s order book expanded from Rs 4,501 crore in March 2025 to Rs 7,255 crore, signalling accelerated market credibility and a shift toward larger, execution-intensive projects.

The standalone portfolio shows a high-quality mix focused on structurally supported sectors. Mining and Construction lead the way, accounting for approximately 77 pet cent of the order book (Rs 2,991 crore and Rs 2,609 crore, respectively). This concentration allows SEPC to leverage its expertise in resource-linked sectors and large-scale infrastructure, while smaller segments like Water, Power and Oil & Gas provide additional breadth to the revenue stream.

SEPC maintains a balanced geographical strategy, with domestic projects making up 48 pet cent (Rs 5,055 crore) of the consolidated order book. This aligns the company with India’s ongoing infrastructure upcycle and public sector investment. The remaining 52 pet cent is derived from international ventures, split between SEPC and SEPC FZE, providing crucial geographic diversification and cross-border execution capabilities that mitigate regional market risks.

The robust order accretion reinforces a visible, multi-year growth pipeline and strengthens the company’s balance sheet resilience. By focusing on disciplined project selection and improved operating leverage, SEPC is positioned to convert this massive backlog into sustained revenue. With bidding momentum at an all-time high, the company is well-equipped to capitalise on the sustained capital expenditure across both Indian and global infrastructure markets.

About the Company

SEPC Limited (formerly Shriram EPC Limited) is a well-established EPC company offering turnkey solutions across Water & Wastewater, Roads, Industrial Infrastructure and Mining sectors. The company specialises in the design, procurement, construction and commissioning of large and complex infrastructure projects across India. SEPC serves a wide range of clients, including Central and State Government agencies and continues to play a key role in India's infrastructure development.

In Q3 FY26, SEPC Limited reported strong operating momentum, with consolidated revenue of Rs 796.89 crore, EBITDA of Rs 83.60 crore and net profit of Rs 39.81 crore for the nine months ended December 2025— surpassing the Company’s full-year FY25 revenue of Rs 597.7 crore, EBITDA of Rs 98.9 crore and net profit of Rs 24.8 crore.

Domestic Institutional Investors (DIIs) own a 14.55 per cent stake in the company and the majority of DIIs are Punjab National Bank (PNB), Central Bank of India, The South Indian Bank and Bank of India (BOI). SPEC has a market cap of over Rs 1,300 crore. The stock is up 8.60 per cent from its 52-week low of Rs 7.69 per share and gave multibagger returns of 100 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.