SECL is one of the leading EPC contracting company focusing in Water sector, Waste water sector, Industrial building sector and executing projects like Distribution, Pumping Main, Networks, Overhead Tanks, Underground Tanks, Treatment plants, Pumping station. SECL with a rich history of executing noteworthy projects and continues to march towards excellence with vast experience and guided by a team of eminent professionals in the field of Civil Engineering.

The company is led by strong Promoters, SANTHANAM SESHADRI, who has an experience of over three and half decades and contributes immensely to the areas for Civil Engineering and Infrastructure, R SEKAR has experience of over three and half decades and contributes immensely to the waste-water Engineering, Infrastructure, & Procurement etc and JAGACHCHANDARR SEKAR UTHRA.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 9,484.97 Lakh, ₹ 7.743.63 Lakh and ₹ 8,393.46 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,976.20 Lakh, ₹ 1,222.71 Lakh and ₹ 757.26 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 913.91 Lakh, ₹ 456.37 Lakh and ₹ 103.84 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.64 and post-issue EPS of ₹ 5.23 for FY24. The pre-issue P/E ratio is 9.82x, while the post-issue P/E ratio is 14.34x against the Industry P/E ratio is 26x. The company's ROCE for FY24 is 28.58%, ROE for FY24 is 27.10% and RoNW is 27.10%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Sattva Engineering Construction showing listing gains of 17.33 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Sattva Engineering Construction Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.