Company Overview
Business Description
SEPC Limited is an infrastructure company primarily engaged in engineering, procurement and construction (EPC) business. The company operates in sectors including power, oil & gas, and industrial infrastructure.
Competitive Moat
- Established track record in EPC projects
- Diversified project portfolio across sectors
- Strong technical expertise and execution capabilities
Key Information
SectorInfrastructure
Market Cap₹1,200 Cr
52W High/Low₹120 / ₹45
PE Ratio18.5
Dividend Yield1.2%
Financial Performance
Income Statement (₹ Cr)
| Metric | FY2023 | FY2022 |
|---|---|---|
| Revenue | 2,450 | 2,100 |
| EBITDA | 320 | 280 |
| Net Profit | 65 | 52 |
| EPS (₹) | 5.4 | 4.3 |
Balance Sheet (₹ Cr)
| Metric | FY2023 | FY2022 |
|---|---|---|
| Total Assets | 3,200 | 2,950 |
| Total Debt | 1,050 | 1,200 |
| Equity | 1,150 | 950 |
| Debt/Equity | 0.91 | 1.26 |
Competitive Landscape
Major Competitors
Larsen & Toubro
NSE: LT
Diversified conglomerate with strong EPC capabilities
KEC International
NSE: KEC
Leading power transmission EPC company
NCC Limited
NSE: NCC
Infrastructure construction company
Competitive Positioning
| Metric | SEPC | LT | KEC |
|---|---|---|---|
| Market Cap (₹ Cr) | 1,200 | 250,000 | 8,500 |
| Revenue (₹ Cr) | 2,450 | 156,000 | 12,800 |
| ROE (%) | 5.7 | 12.4 | 15.2 |
Investment Analysis
Strengths
- Growing order book in infrastructure sector
- Improving debt position and financial ratios
- Government focus on infrastructure development
Risks
- Intense competition from larger players
- Execution risks in large projects
- Dependence on government policies
Analyst Rating
BUY
Based on current valuation metrics and growth prospects, SEPC appears moderately attractive for long-term investors with high risk appetite.
Valuation3/5
Growth4/5
Financial Health3/5