SEPC Shares Surge After Securing Major Deal in Saudi Arabia

SEPC Ltd., a leading civil construction firm, witnessed over 19% surge in its share price during early trading on Wednesday. This came after the company announced a significant framework agreement with the Riyadh-based ROSHN Group for infrastructure development in Saudi Arabia. The deal marks a major step forward for SEPC, reinforcing its presence in the international market.

Framework Agreement for Jeddah North Project

SEPC Ltd. has submitted bids for infrastructure development across three zones in Jeddah North, Phase 1A, with an estimated value of SAR 893 million (approximately ₹2,200 crore). The company stated that, based on the agreement, it expects to receive orders for at least one of these zones. This strategic deal aligns with SEPC’s long-term growth objectives, expanding its footprint beyond India and into the Middle East.

Company Performance and Growth Outlook

SEPC reported a revenue of ₹133 crore in the December quarter, with a net profit of ₹4.4 crore. The firm specialises in turnkey solutions for process and metallurgy, water infrastructure, power, mining, and mineral processing. SEPC’s key clientele includes Indian government bodies, Tata Steel, SAIL, and Jindal Steel & Power. The company’s order book currently stands at ₹8,456 crore, positioning it well for future growth and expansion.

SEPC Share Performance 

As of March 12, 2025, at 2:15 PM, the shares of SEPC Ltd are trading at ₹15.27 per share, reflecting a surge of 19.30% from the previous day’s closing price.

Conclusion

SEPC’s framework agreement with ROSHN Group in Saudi Arabia underscores its growing international presence. With a strong order book and key partnerships, the company continues to establish itself as a major player in infrastructure development.

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