Safety Controls & Devices Limited is an EPC (Engineering, Procurement and Construction) company engaged in infrastructure and safety-related projects. Initially focused on fire protection systems, the company has diversified into power transmission, solar energy, EV charging infrastructure, and hospital construction projects. It earns revenue mainly through execution of government and private sector EPC contracts, where it provides end-to-end project services from design to commissioning.

The Company is led by Promoter, i.e.,MR. RAJNISH CHOPRA, MRS. ANJALI CHOPRA AND MR. ABHISHEK CHOPRA

The Revenues from operations for the Period ended on Jan 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 6,851.34 Lakh, ₹ 10,350.21 Lakh, ₹ 4,570.30 Lakh, and ₹ 4,925.58 Lakh, The EBITDA for the Period ended on Jan 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,621.26 Lakh, ₹ 1,727.44 Lakh, ₹ 827.02 Lakh, and ₹ 263.07 Lakh, The Profit after Tax for the Period ended on Jan 31 2026, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 852.30 Lakh, ₹ 899.04 Lakh, ₹ 400.83 Lakh, and ₹ 43.08 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹   6.98 and post-issue EPS of ₹ 4.53 for FY25. The pre-issue P/E ratio is 11.46x,while the post-issue P/E ratio is 17.64x against the Industry P/E ratio is 66.33x The company's ROE for FY25 is 30.14% and RoNW is 21.32%The Annualised EPS is ₹ 5.16x and P/E is ₹ 15.51x ,  These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of Safety Controls showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the Safety Controls Limited, IPO for Listing gain or Long Term Purposes.