Turnaround Story Under Rs 50: Multibagger Engineering Company Secures Rs 182 Crore Order from Irrigation Division, Government of Bihar - Stock Hit 52-Week High Today!

The company’s shares have delivered an impressive multibagger return of over 155 per cent in just 1 year.

This Small-Cap company has been awarded a work order valued at Rs 182,56,76,000 by the Irrigation Division, Government of Bihar. This order encompasses the complete turnkey project for providing drinking water to Bhabhua and Mohania Towns under the Jal-Jeevan-Hariyali Abhiyan.

The scope of work includes detailed survey and investigation, planning and design, supplying all materials, labor, equipment, and machinery, as well as construction, execution, installation, testing, and commissioning. The project must be completed within 12 months, followed by a 3-month trial run period and a 60-month comprehensive operation and maintenance phase after the successful trial run.

SEPC is a small-cap engaged in executing EPC contracts and offers integrated solutions that include design, engineering, procurement, construction, and project management services across water, process, metallurgy, and infrastructure segments.

Today, the shares of SEPC hit a 52-week high and finally closed at around Rs 32.30 per share on the BSE. The company’s current market capitalization stands at Rs 5,050.62 crore. Additionally, the shares have delivered an impressive multibagger return of over 160 per cent in the past 1 year only.

As per the Quarterly Results, in the Q1 FY25, SEPC Ltd recorded a revenue of Rs 175.82 crore compared to Rs 143.28 crore. The operating profit stood at Rs 24.21 crore with a margin of 13.77 per cent which was earlier 8.91 per cent same quarter last year. The net profit stood at Rs 8.08 crore compared to a profit of Rs 4.93 crore.  Looking at the annual performance, the company generated a revenue of Rs 561 crore in FY24. The company’s net profit stood at Rs 23 crore compared to a loss of Rs 5 crore in FY23.

According to the shareholding pattern of the company, the promoters hold a 33.94 per cent stake. Public investors own 43.07 per cent of the shares. FIIs and DIIs hold 0.52 per cent and 22.47 per cent respectively.

Disclaimer: The article is for informational purposes only and not investment advice.