Industrials
Sepc Limited (sepc) Q4 FY26 Results: Net Profit Surges 116%, Income Grows 68%
SEPC Limited (NSE: SEPC) reports stellar FY26 results with a 68% income growth and over 115% jump in net profit for Q4 FY26.
SEPC Limited (NSE: SEPC) has announced its unaudited financial results for Q4 and FY26, marking a year of robust operational progress. The company’s total income surged by 68% to ₹1,085.8 crore, while net profit more than doubled to ₹53.5 crore, reflecting a 116% increase. This stellar performance underscores SEPC’s strong execution capabilities across water & wastewater, infrastructure, and industrial segments.
Key Financial Highlights
The consolidated financial highlights for Q4 FY26 and FY26 are as follows:
- Total Revenue: ₹288.95 crore (Q4 FY26) vs ₹126.11 crore (Q4 FY25) and ₹1085.84 crore (FY26) vs ₹646.02 crore (FY25)
- EBITDA: ₹25.32 crore (Q4 FY26) vs ₹23.60 crore (Q4 FY25) and ₹108.92 crore (FY26) vs ₹98.94 crore (FY25)
- Net Profit: ₹13.73 crore (Q4 FY26) vs ₹10.02 crore (Q4 FY25) and ₹53.54 crore (FY26) vs ₹24.84 crore (FY25)
Strategic Initiatives
Commenting on the performance, Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, said: ‘FY26 has been a defining year for SEPC, marked by strong execution, disciplined delivery, and a clear strategic focus on scaling high-value opportunities. The robust growth in total income and the more than doubling of net profit reflect the strength of our operating model and our ability to consistently deliver across complex infrastructure projects.’
Future Outlook
With a healthy pipeline, improved operational discipline, and a diversified business mix, SEPC is confident of maintaining this growth momentum. The company is well-positioned to capitalize on emerging opportunities and deliver consistent value to all stakeholders in the years ahead.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of SEPC Limited
SEPC Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
SEPC moves sideways over three months, with neither buyers nor sellers taking control. Thin margins at 5.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. Buyers show up with 1.6x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. Revenue grows at 22.0% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of SEPC Limited.
GREAVESCOT
Greaves Cotton Limited Expands Ampere Experience Centers Nationwide
Greaves Cotton Limited (GREAVESCOT) expands Ampere Experience Centers, doubling footprint to 600+ in just over a year.
Greaves Cotton Limited (NSE: GREAVESCOT) announced the addition of more than 50 new Ampere Experience Centers across 15 states, marking a decisive step in its aggressive growth journey. This expansion doubles Ampere’s network footprint to over 600 Experience Centers in just over a year.
Strategic Growth Acceleration
The pan-India expansion is a critical pillar of Ampere’s aggressive growth strategy, bringing integrated product experience, sales, and dependable service closer to customers across priority markets. The new Experience Centers span key markets across four regions: North, East, West, and South.
Enhanced Customer Experience
The larger network will give more customers direct access to Ampere’s portfolio of award-winning electric scooters across varied needs and use cases. The portfolio includes the Ampere Nexus EX+, Magnus GMax, Magnus Neo, and the recently launched Ampere Reo Vyb for younger riders. These scooters are engineered for India’s diverse roads, terrains, and everyday mobility needs.
Commenting on the expansion, Mr. Vikas Singh, Managing Director, Greaves Electric Mobility, said, “Building a nationwide network of Experience Centers is a critical pillar of Ampere’s aggressive growth journey. We are moving with speed, and we have doubled our footprint in just over a year. This reflects the scale of our ambition and our commitment to bring product experience, sales, and dependable service closer to customers in every priority market.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Greaves Cotton Limited
Greaves Cotton Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Greaves falls 19.7% over three months and has not found a floor yet. The PEG stands at 4.48 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.3x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises -19.7% in three months on 8.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Greaves Cotton Limited.
AARON
Aaron Industries Limited Evoq360 Home Lift Business Update Q2 FY27
Aaron Industries Limited (NSE:AARON) shares Q2 FY27 update on EVOQ360 Home Lift business, with confirmed advance orders and expanding distribution network.
Aaron Industries Limited (NSE:AARON) is pleased to share an update on the business progress of its innovative EVOQ360 Home Lift product as of September 30, 2026. The Company continues to witness encouraging market acceptance and customer interest in its home lift solutions, supported by growing engagement with channel partners and prospective customers.
Confirmed Advance Orders
As of September 30, 2026, a total of 18 parties have placed confirmed advance orders for approximately 60 units of EVOQ360 Home Lifts, reflecting encouraging market acceptance and customer interest.
Phase Wise Dispatch Schedule
The Company plans to dispatch the units against these confirmed advance orders in a phased manner up to December 2026, subject to site readiness and other customer-specific installation requirements.
Growing Distribution Network
The Company has onboarded 5 distributors up to the September 2026 quarter, strengthening its distribution network and expanding its market reach. The Company is also actively engaging with additional prospective distributors, with several opportunities in the pipeline.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Aaron Industries Limited
Aaron Industries Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Aaron posts a 1.8% three-month gain, but softens in the last few weeks. Thin margins at 8.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 30.0% and profits at 29.0% CAGR. Both numbers are exceptional. The stock gives back 3.2% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 30.0% and profits at 29.0% CAGR — a genuinely strong business. Nevertheless, the stock drops 1.8% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Aaron Industries Limited.
Industrials
Sepc Limited (NSE: SEPC) Secures ₹854.57 Crore Contract with Sail-iisco Steel Plant
SEPC Limited (NSE: SEPC) signs ₹854.57 crore contract with SAIL-IISCO Steel Plant, boosting its consolidated order book to ₹10,000 crore.
SEPC Limited (NSE: SEPC), a leading EPC company, has announced the signing of a ₹854.57 crore contract with Steel Authority of India Limited (SAIL) for the Pellet Plant BOP including Civil & Structural works at SAIL-IISCO Steel Plant (ISP), Burnpur, West Bengal. This contract, signed by SEPC’s Managing Director, Mr. Venkataramani Jaiganesh, and SAIL’s Executive Director (Projects), Mr. Praveen Kumar, marks a significant milestone for SEPC Limited.
Key Details of the Contract
The contract, valued at ₹951.60 crore, includes a net value of ₹854.57 crore after accounting for input tax credit. The project, part of SAIL-ISP’s 4.08 MTPA Crude Steel Expansion, will be executed on a divisible turnkey basis and is scheduled to be completed within 32 months from the effective date of the contract, September 3, 2026.
Impact on SEPC’s Order Book
This contract significantly boosts SEPC’s consolidated order book, which has now crossed ₹10,000 crore. This milestone provides strong multi-year revenue visibility and reinforces SEPC’s growing presence in large-scale industrial EPC projects. Mr. Jaiganesh commented, ‘This contract formalizes one of the most significant industrial projects in our portfolio. We are committed to delivering this package within the stipulated timeline with the highest standards of quality and safety.’
SEPC Limited, formerly Shriram EPC Limited, specializes in the design, procurement, construction, and commissioning of large and complex infrastructure projects across India. The company continues to play a key role in India’s infrastructure development, with a strong focus on execution and quality.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of SEPC Limited
SEPC Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
SEPC drops 24.9% over three months and trades near its 52-week lows. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. The stock sits at 3% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 40.7% CAGR — a respectable pace. However, the stock drops 24.9% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of SEPC Limited.
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