SEPC Limited (SEPC) AI Stock Analysis

• Market Cap: ₹17.76B
• Dividend Yield: N/A
• Average Volume (3M): 1.08M
• Price to Earnings (P/E): 74.7
• Beta (1Y): 1.45
• Revenue Growth: 6.54%
• EPS Growth: 1.41%
• Country: IN
• Employees: 229
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.06
• Shares Outstanding: 1,590,158,100
• 10 Day Avg. Volume: 544,288
• 30 Day Avg. Volume: 1,076,294
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹12.00
• Price Target Upside: 6.29% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: ₹12.00 ▲(6.29% Upside)

SEPC Limited's overall score is primarily influenced by its financial performance and technical indicators. While revenue growth and gross margin improvements are positive, the company faces significant challenges with profitability and liquidity. The technical analysis suggests bearish market sentiment, and the high P/E ratio indicates potential overvaluation. These factors combined suggest cautious investment consideration.

SEPC Limited Business Overview & Revenue Model

Company Description

SEPC Limited (SEPC) is an infrastructure development company primarily focused on providing engineering, procurement, and construction (EPC) services across various sectors such as energy, water, and industrial projects. The company specializes in delivering comprehensive solutions that encompass project planning, design, and execution, catering to both public and private sector clients.

How the Company Makes Money

SEPC Limited generates revenue through its EPC contracts, which involve designing and constructing infrastructure projects for clients. The company earns money by charging fees for the services provided during the project lifecycle, which include engineering design, procurement of materials, and construction management. SEPC may also engage in long-term maintenance contracts and partnerships with government bodies and private organizations to ensure steady income streams. Additionally, the company might explore opportunities in project financing and operation, further diversifying its revenue sources.

SEPC Limited Financial Statement Overview

Summary

SEPC Limited shows positive revenue growth and improved gross margins. However, challenges persist with thin net profit margins and negative cash flows, indicating liquidity issues. The balance sheet is stable but requires careful debt management.

Income Statement

SEPC Limited has shown a positive trend in revenue growth with a steady increase over the past few years, particularly a 6.5% growth from 2024 to 2025. The gross profit margin also improved, reflecting better cost management. However, net profit margins remain thin, indicating ongoing challenges in translating revenue growth into higher profitability. EBIT and EBITDA margins are improving but still below industry averages, suggesting room for operational efficiency improvements.

Balance Sheet

The company's balance sheet shows a solid equity base with a high equity ratio of 63.1%, indicating financial stability. However, the debt-to-equity ratio is relatively high at 23.8%, which could pose a risk if not managed carefully. Return on equity is modest, reflecting lower net income relative to equity, but it has seen an upward trend. Overall, the balance sheet reflects stability with a need for careful debt management.

Cash Flow

Cash flow from operations remains negative, indicating potential liquidity challenges. The company has experienced negative free cash flows, with no significant improvement over the past year. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting profits into cash. The company needs to improve its cash management strategies to ensure sustainable cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.28B	5.98B	5.61B	3.79B	3.29B	5.80B
Gross Profit	998.85M	1.25B	937.11M	591.51M	360.24M	224.40M
EBITDA	822.32M	850.46M	798.46M	989.65M	-994.13M	-661.02M
Net Income	214.82M	248.40M	227.84M	-49.04M	-2.64B	-1.79B
Balance Sheet
Total Assets	0.00	23.87B	22.09B	20.02B	22.23B	24.16B
Cash, Cash Equivalents and Short-Term Investments	563.11M	511.08M	305.98M	353.07M	73.18M	48.02M
Total Debt	0.00	3.58B	4.55B	4.09B	9.81B	8.36B
Total Liabilities	-14.22B	8.79B	9.97B	9.14B	14.84B	14.11B
Stockholders Equity	14.22B	15.06B	12.10B	10.86B	7.38B	10.04B
Cash Flow
Free Cash Flow	0.00	-1.33B	-1.21B	207.66M	-720.05M	-562.07M
Operating Cash Flow	0.00	-1.33B	-1.21B	209.05M	-719.94M	-498.92M
Investing Cash Flow	0.00	37.25M	-239.09M	124.81M	10.25M	210.86M
Financing Cash Flow	0.00	1.18B	1.30B	-61.42M	683.87M	251.59M

SEPC Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SEPC, the sentiment is Negative. The current price of 11.29 is below the 20-day moving average (MA) of 12.00, below the 50-day MA of 12.97, and below the 200-day MA of 16.19, indicating a bearish trend. The MACD of -0.54 indicates Positive momentum. The RSI at 30.50 is Neutral, neither overbought nor oversold. The STOCH value of 23.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SEPC.

SEPC Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NILKAMAL	70 Outperform	₹23.50B	22.73		1.27%	9.42%	-4.36%
LAOPALA	67 Neutral	₹27.31B	28.28		3.08%	-9.11%	-24.38%
KCP	66 Neutral	₹25.98B	14.56		0.12%	-9.99%	-6.27%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
SEPC	52 Neutral	₹17.76B	74.67		―	6.54%	1.41%
HIMATSEIDE	47 Neutral	₹15.23B	17.51		0.21%	-2.23%	-39.07%

SEPC Limited Corporate Events

SEPC Limited Announces Allotment of Partly Paid-Up Equity Shares

SEPC Limited has announced the allotment of 35 crore partly paid-up equity shares as part of its Rights Issue, which was approved by the Rights Issue Committee of the Board of Directors on June 27, 2025. The shares, with a face value of Rs. 10 each, are issued at the same price, with Rs. 5 payable on application and the remaining Rs. 5 on the first and final call. This move is expected to strengthen SEPC Limited’s capital base and provide financial flexibility for future growth, impacting its market position and stakeholders positively.