SEPC shares soar over 11% after winning ₹442 crore order from water resources department in Delhi

SEPC shares jumped over 11% to ₹13.47 apiece on the NSE on Thursday, September 18, after the company announced an order win worth ₹442 crore from the Water Resources Department Delhi. 

The order is regarding the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme under Kaimur district related to Pragati Yatra under Zamanian Pump Canal Division, Mohania. 

“This is to inform you that we have been awarded Work Allocation Order for “Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme” from Generation, Water Resources Department, Delhi – 821307 for a total value of ₹4,42,79,92,121.11 (Rupees Four hundred forty-two crore Seventy-nine lakh ninety-two thousand one hundred twenty one paise eleven only) under Kaimur district related to Pragati Yatra under Zamanian Pump Canal Division, Mohania,” the company said in a regulatory filing on Thursday. 

The project is scheduled to be completed in 24 months, and is worth over 20% of SEPC’s market capitalisation, which stands at ₹2,084.70 crore. 

SEPC share performance and Q1 results

At around 12:20 pm, SEPC shares were trading 8.8% up at ₹13.17 apiece on the NSE. The stock hit its 52-week high of ₹31.55 apiece on September 18, 2024, while it was at its 52-week low of ₹10.9 per share on August 11, 2025. 

In the last five days, the scrip has gained 9.5%, and has climbed as much as 13.46% over the past month. 

However, SEPC shares have fallen by 12.27% in the last six months, and the year-to-date drop stands at 37.94%.

SEPC reported a net profit of ₹16.5 crore for the June quarter of the current fiscal year (Q1 FY25), up 104.8% as compared to ₹8.08 crore posted in the year-ago period. 

The company’s revenue from operations climbed 15% year-on-year (YoY) to ₹202.28 crore against ₹175.82 crore posted in Q1 FY25.

SEPC is engaged in providing integrated engineering services across various infrastructure sectors, including renewable energy and waste treatment.

In June this year, SEPC also received a Letter of Award (LoA) worth ₹650 crore from Parmeshi Urja for the engineering, procurement and construction (EPC) of a 133 megawatt (AC) solar power project across 26 locations in Maharashtra.