SEPC Share Price Gains Over 7%; Secures ₹854.57 Crore Infrastructure Contract with SAIL

SEPC Limited announced the signing of a significant infrastructure contract with the Steel Authority of India Limited (SAIL) on October 9, 2026, as per the exchange filings.  

The contract, valued at ₹854.57 crore, involves the development of the Pellet Plant BOP package at the SAIL-IISCO Steel Plant in Burnpur. 

Contract Details and Financials 

The infrastructure contract with SAIL is valued at ₹854.57 crore, derived from a total price of ₹951.60 crore after an Input Tax Credit of ₹97.04 crore was passed to the client.  

The project is part of a 4.08 MTPA crude steel expansion programme and is set to be completed on a divisible turnkey basis within 32 months from the contract date of September 3, 2026. 

Execution and Management 

The signing ceremony took place at the Burnpur facility, with Praveen Kumar, Executive Director for SAIL-ISP, and Venkataramani Jaiganesh, Managing Director of SEPC Limited, executing the deal.  

The project will be supported by external consulting groups, with M. N. Dastur & Company handling engineering management and MECON Limited providing procurement contract engineering services. 

Order Book and Corporate Performance 

SEPC Limited's consolidated corporate order book has surpassed the ₹10,000 crore milestone, providing strong multi-year revenue visibility.  

In FY26, the company reported a total income of ₹1,085.8 crore and an EBITDA of ₹108.9 crore, with a net profit of ₹53.5 crore, more than doubling its performance from FY25. 

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Company Background 

SEPC Limited, formerly Shriram EPC Limited, offers turnkey solutions across various sectors, including industrial infrastructure, water management, roads, and mining.  

The company serves multiple central and state government agencies, reinforcing its presence in large-scale industrial projects. 

SEPC Share Price Performance 

As of October 09, 2026, at 3:30 PM, SEPC share price on NSE was trading at ₹5.28, up by 7.10% from the previous closing price. 

Conclusion 

SEPC Limited's recent contract with SAIL for ₹854.57 crore marks a significant addition to its order book, now exceeding ₹10,000 crore. The project, part of a 4.08 MTPA crude steel expansion, is scheduled for completion within 32 months. 

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