Debt-Free EPC Company Bags 3 New Orders Worth Rs 144,20,00,000 in Just 1 Day
The shares of the company have an ROE of 95 per cent and an ROCE of 117 per cent.
On Friday, shares of Sathlokhar Synergys E&C Global Ltd gained 6.42 per cent to Rs 498 per share from its previous closing of Rs 467.95 per share.
Sathlokhar Synergys E&C Global Limited has secured a significant boost to its order book, announcing the acquisition of three new domestic projects valued at a total of Rs 144.20 crore in a single day. The largest of these orders, worth Rs 136.99 crore, comes from High Glory Footwear India Private Limited, a subsidiary of the global footwear giant Pou Chen Corporation. This project entails the execution of civil, PEB (Pre-Engineered Buildings), and infrastructure works for their proposed factory in SIPCOT Industrial Park, Tamil Nadu, with completion slated for March and June 2026.
The remaining two orders, though smaller in individual value, further strengthen Sathlokhar Synergys' portfolio. Toyota Kirloskar Motor Private Limited has awarded a project worth Rs 3.26 crore for civil, electrical and firefighting works at their factory in Karnataka, expected to be completed by October 2025. Additionally, Thaai Casting Limited, an Indian automotive ancillary company, has entrusted Sathlokhar Synergys with a Rs 3.95 crore contract for civil and PEB works for their proposed factory in Tamil Nadu, with a delivery completion target of September 2025. These wins underscore Sathlokhar Synergy's capabilities across diverse industrial sectors.
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About the Company
Established in 2013, Sathlokhar Synergys E&C Global Limited is one of the leading providers of engineering, procurement, and construction (EPC) services across sectors such as industrial, commercial, institutional, pharmaceutical, and solar projects. The company has completed projects in Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal and participates in government EPC projects through competitive bidding. Sathlokhar is an authorised dealer of TATA Power Solar Systems Ltd., providing installation, sales, commissioning, and maintenance services for solar power systems.
The stock’s 52-week high is Rs 695.45 per share and its 52-week low is Rs 222.95 per share. The company has a market cap of over Rs 1,100 crore and as of September 2024, it is debt-free. The shares of the company have an ROE of 95 per cent and an ROCE of 117 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.