SEPC Limited (NSE: SEPC | BSE: 532945), a diversified engineering, procurement and construction company, has secured a railway infrastructure project valued at ₹269.69 crore as part of the Ajmer–Chanderiya Doubling Project under the North Western Railway. The contract has been awarded to the VPRPL–SBEL Joint Venture, with SEPC Limited responsible for executing the project works under the joint venture’s supervision, in accordance with the Letter of Award issued by North Western Railway. The project covers the Mandpiya to Chanderiya section and forms part of Indian Railways’ capacity enhancement program aimed at improving connectivity and operational efficiency.
The scope of work includes earthworks, construction of major and minor bridges, road under bridges, foot over bridges, retaining structures, station buildings, platforms, staff quarters, permanent way works, ballast supply, track laying, and associated electrical and miscellaneous works.
The order strengthens SEPC’s presence in the railway EPC segment and adds to its growing transportation infrastructure portfolio. Commenting on the development, Venkataramani Jaiganesh, Managing Director of SEPC Limited, said the project highlights the company’s technical expertise and execution capability in complex rail infrastructure projects and reinforces railways as a strategic focus area.
SEPC Limited, formerly known as Shriram EPC Limited, is an established EPC player delivering turnkey solutions across water and wastewater, roads, industrial infrastructure, and mining. The company undertakes end-to-end project execution, including design, procurement, construction, and commissioning, and serves a broad base of central and state government clients across India.
In the first half of FY26, SEPC reported consolidated total income of ₹455 crore, EBITDA of ₹54 crore, and net profit of ₹24.85 crore, reflecting steady operational performance. Notably, the net profit achieved in H1 FY26 has already exceeded the company’s full-year net profit for FY25. For the full year FY25, SEPC recorded revenue of ₹597.65 crore, EBITDA of ₹98.94 crore, and net profit of ₹24.84 crore. Achieving approximately 76 percent of FY25 revenue within the first six months of FY26 highlights accelerating business momentum and positions the company for stronger full-year results.
