Sepc Limited
NSE: SEPC · Civil Construction · sector
₹4.79NSE close 2026-10-26
Key numbers
Market cap₹931 cr
Price₹4.79
52w high / low₹12 / ₹5
P/E36.9xSector median 12.2x
P/B0.5xSector median 1.3x
Book value₹9.9
Dividend yield–Sector median 0.76%
ROE1.4%Sector median 10.2%
ROCE4.4%Sector median 12.9%
OPM5.8%Sector median 10.7%
Debt / equity0.18xSector median 0.36x
EV/EBITDA18.4xSector median 8.8x
Interest cover2.3x
Current ratio2.54x
Sales growth 3y+40.7%Sector median +6.7%
Profit growth 3y–Sector median +5.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹76 cr vs borrowings ₹351 cr (FY26): borrowings are higher by ₹275 cr.
- Operating profit covered interest 2.3x in the last 12 months.
- 98.66% of the promoters' shares are pledged (9.3% of all shares).
- Promoter holding fell by 17.96 percentage points in a year, to 9.39% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 159% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹4.79 on 2026-10-26: -59.0% from the 52-week high, +3.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹31.13 · low ₹4.65
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 171 | 133 | 118 | 202 | 237 | 341 | 274 | 274 |
| EBITDA | 8 | -10 | 15 | 28 | 11 | 28 | 10 | 17 |
| OPM % | 4.5% | -7.9% | 13.0% | 14.0% | 4.5% | 8.2% | 3.6% | 6.3% |
| Other income | 11 | 27 | 8 | 2 | 14 | 1 | 15 | 9 |
| Net profit | 2 | 4 | 10 | 17 | 8 | 13 | 14 | -11 |
| EPS (₹) | 0.01 | 0.03 | 0.06 | 0.11 | 0.04 | 0.08 | 0.07 | -0.06 |
| Revenue YoY | +38.9% | +156.3% | +132.5% | +35.4% | ||||
| Profit YoY | +262.4% | +198.4% | +37.0% | -166.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 329 | 379 | 561 | 598 | 1,054 | 1,126 |
| EBITDA | -111 | 72 | 26 | 37 | 76 | 66 |
| Net profit | -264 | -5 | 23 | 25 | 54 | 24 |
| EPS (₹) | -2.71 | -0.04 | 0.17 | 0.16 | 0.30 | 0.13 |
| Revenue growth | +15.0% | +48.1% | +6.5% | +76.4% | +80.4% | |
| Profit growth | – | – | +9.0% | +115.5% | -27.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +40.7% | +14.7% | +80.4% |
| Net profit | – | – | -27.3% |
| EPS | – | – | – |
| Share price | – | -57.0% (2y) | -56.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,086 | 1,210 | 1,506 | 1,919 |
| Borrowings | – | 406 | 452 | 356 | 351 |
| Cash & equivalents | – | 50 | 61 | 49 | 76 |
| Total assets | – | 2,002 | 2,209 | 2,387 | 3,093 |
| Fixed assets | – | 33 | 28 | 24 | 21 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 1 | 0 | 0 |
| Receivables | – | 292 | 300 | 368 | 589 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 380 | 304 | 411 | 720 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -72 | 21 | -121 | -133 | -263 |
| Cash from investing | 1 | 12 | -24 | 4 | -7 |
| Cash from financing | 68 | -6 | 130 | 118 | 289 |
| Capex | 5 | 0 | 0 | 0 | 1 |
| Free cash flow | -77 | 21 | -121 | -133 | -264 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -0.5% | 1.9% | 1.6% | 2.8% |
| ROCE % | – | 5.7% | 4.0% | 4.3% | 4.5% |
| Debtor days | – | 281 | 195 | 225 | 204 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 434 | 238 | 318 | 295 |
| Cash conversion cycle (days) | – | -153 | -43 | -93 | -91 |
| Working capital days | – | 670 | 563 | 653 | 480 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 9.39% |
| FIIs | 0.67% |
| DIIs | 13.71% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 76.23% |
| Quarter | Jun 2025 | Jun 2025 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 27.35% | 27.35% | 27.35% | 27.15% | 26.53% | 18.67% | 11.67% | 9.39% |
| Promoter group | % |
|---|---|
| Mark AB Welfare Trust | 9.33% |
| Mark A B Capital Investment LLC | 0.05% |
| Mark AB Capital Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Punjab National Bank | 4.95% |
| Central Bank of India | 4.40% |
| The South Indian Bank Limited | 1.95% |
| Bank of India | 1.40% |
3,23,424 shareholders. Pledged: 98.66% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| SEPC | ₹931 cr | 36.9x | 0.5x | 1.4% | 4.4% | 5.8% | +40.7% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-05-23 | Rights | Rights 11: 50 @ Premium Rs 0/- |
| 2024-09-20 | Other | Annual General Meeting |
| 2024-06-25 | Rights | Rights 6:55 @ Premium Rs 3 |
| 2023-11-28 | Rights | Rights 1:36 @ Premium Rs 3/- |
| 2023-09-13 | Other | Annual General Meeting |
| 2023-03-29 | Rights | Rights 2:53 @ Premium Rs 0/- |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-16 | Other | Annual General Meeting |
| 2019-09-05 | Other | Annual General Meeting |
| 2018-07-26 | Other | Annual General Meeting |
| 2017-08-16 | Other | Annual General Meeting |
| 2016-09-08 | Other | Annual General Meeting |
| 2015-09-15 | Other | Annual General Meeting |
| 2014-09-03 | Other | Annual General Meeting |
| 2013-12-05 | Other | Annual General Meeting |
| 2012-09-11 | Dividend | Annual General Meeting/Dividend Rs 1.20 Per Share |
| 2011-09-06 | Dividend | Annual General Meeting And Dividend Rs.1.20 Per Share |
| 2010-09-13 | Dividend | Annual General Meeting And Dividend Rs.1.20 Per Share |
| 2009-08-21 | Other | Agm/Div-Rs.1.20 Per Share |
| 2008-08-12 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction: Engineering, Procurement and Construction of Water Supply and Distribution, Sewage treatment plants, Power plants, Minerals & Metal process plants etc.
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | SEPC |
| BSE code | 532945 |
| ISIN | INE964H01014 |
| Face value | ₹10.0 |
| Incorporated | 2000-06-12 |
| Website | www.sepc.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.