SEPC announced a new contract that pushed its consolidated order book beyond ₹10,000 crore, a figure more than nine times the company’s FY26 total income of ₹1,085.8 crore. The 11% rise in shares brought the stock to an intraday high of ₹5.47 on Friday, October 9, after the firm signed an ₹854.57 crore agreement with Steel Authority of India Limited (SAIL) for the Pellet Plant BOP at the SAIL-IISCO Steel Plant in Burnpur, West Bengal. The deal covers civil and structural works under the Pellet Plant Package‑2 and is part of SAIL‑ISP’s 4.08 MTPA crude steel expansion. The contract will be executed on a divisible turnkey basis, with a net value of ₹854.57 crore after an input tax credit of ₹97.04 crore.

The Pellet Plant Package‑2 will be commissioned within 32 months from the effective date of the contract, which is September 3, 2026. SEPC’s Managing Director Venkataramani Jaiganesh highlighted that the signing formalises one of the most significant industrial projects in the company’s portfolio and thanked SAIL‑ISP leadership for their confidence. He added that the Burnpur expansion is an important part of India’s steel capacity growth and that SEPC is proud to contribute. The company stated that the net value of ₹854.57 crore reflects the input tax credit passed on to SAIL, ensuring the agreed price of ₹951.60 crore is honoured.

Jaiganesh said SEPC’s focus is now on execution and the company is committed to delivering the package within the stipulated timeline. He noted that the milestone of a ₹10,000 crore order book provides strong multi‑year revenue visibility and reinforces SEPC’s growing presence in large‑scale industrial EPC. The Managing Director added that this visibility gives the firm confidence to pursue larger and more complex opportunities across the industrial and infrastructure sectors.

At 2:14 PM on October 9, SEPC shares traded at ₹5.31, up 7.71%. From the beginning of the year, the stock has fallen 47%. Over the past month it has declined 1%, and it has lost 30% in the last six months. The shares previously hit a 52‑week high of ₹11.98 on October 8, 2025, and a 52‑week low of ₹4.65 on March 23, 2026. SEPC’s market capitalisation stood at ₹1,021.64 crore as of that date, according to NSE data.

In the first quarter of FY27, SEPC reported a consolidated net loss of ₹11 crore, compared with a net profit of ₹16.5 crore in the same period a year earlier. Revenue from operations rose 36% YoY to ₹274 crore, up from ₹202 crore in the April‑June quarter of FY26. EBITDA fell 37% YoY to ₹17 crore from ₹27 crore in Q2 FY26, reflecting a decline in earnings before interest, tax, depreciation and amortisation.