Key Highlights
- SEPC Limited enters a ₹3,300 crore mining consortium project awarded by South Eastern Coalfields Limited.
- Project relates to the Rampur Batura Opencast Coal Mine in Shahdol district, Madhya Pradesh.
- Consortium partners include Jai Ambey Roadlines Private Limited and Avinash Transport.
- Estimated project tenure is around 10 years, ensuring long-term revenue visibility.
- H1 FY26 net profit of ₹24.85 crore has already surpassed full-year FY25 profit.
SEPC Limited has secured entry into a large-scale mining project valued at approximately ₹3,300 crore through its association with the JARPL–AT Consortium. The consortium has been awarded the Rampur Batura Opencast Coal Mine Project by South Eastern Coalfields Limited (SECL). The project is located in the Sohagpur area of Shahdol district, Madhya Pradesh.
The company has entered into formal agreements with Jai Ambey Roadlines Private Limited and Avinash Transport, which together operate under the JARPL–AT Consortium. The aggregate contract value under various agreements is estimated at around ₹3,299.51 crore, inclusive of GST, with an expected execution period of nearly 10 years.
Under the arrangement, SEPC Limited will support the mining operations across multiple stages of the project lifecycle. The scope of work includes supply of materials, deployment of machinery and manpower, project management, consultancy services, and other associated activities aligned with the agreed terms.
The project marks SEPC’s participation in a long-duration mining assignment and strengthens its presence in the mining and infrastructure segment. The engagement follows an asset-light and capital-efficient structure, allowing participation in a high-value project while maintaining disciplined capital allocation. The long tenure and defined scope are expected to enhance revenue visibility and provide portfolio stability.
From a financial perspective, SEPC Limited reported consolidated total income of ₹455 crore in the first half of FY26, with EBITDA of ₹54 crore and net profit of ₹24.85 crore. Notably, the net profit achieved in H1 FY26 has already exceeded the company’s full-year net profit of ₹24.84 crore recorded in FY25. For FY25, the company reported revenue of ₹597.65 crore and EBITDA of ₹98.94 crore, reflecting steady operational performance.
SEPC Limited, formerly known as Shriram EPC Limited, operates as an engineering, procurement, and construction company with a diversified portfolio across water and wastewater, roads, industrial infrastructure, and mining sectors. The company continues to execute large-scale infrastructure projects for central and state government agencies across India.