Sathlokhar Synergys Bags ₹74.85 Crore EPC Order; Shares Rise Over 2%

Mumbai, June 13: Sathlokhar Synergys Ltd. has secured a ₹74.85 crore engineering, procurement and construction (EPC) contract for civil, electrical and firefighting works at a manufacturing facility being developed in Panapakkam SIPCOT Park, Ranipet, Tamil Nadu, according to an exchange filing.

The project has been awarded by Grand Atlantia Panapakkam SEZ Developers Pvt. Ltd. for infrastructure works at the proposed facility of Hong Fu Industrial Group, a Taiwan-based footwear manufacturer. Hong Fu is investing around ₹1,500 crore to establish what the company described as one of India’s largest footwear manufacturing plants.

The contract is scheduled for completion by December 2026.

More importantly for investors, the latest win pushes Sathlokhar Synergys’s confirmed order book for FY27 to ₹926.27 crore, up from ₹851.95 crore disclosed earlier. The company said this provides visibility for revenue execution over the current financial year.

Order Adds Another Large Industrial Project

This isn’t just another EPC assignment. The project places Sathlokhar Synergys inside one of the larger manufacturing investments currently underway in Tamil Nadu, a state that continues to attract global manufacturers expanding their India footprint.

The scope covers civil construction, electrical installations and firefighting systems for the initial phase of the facility. These integrated contracts typically allow EPC contractors to deploy expertise across multiple disciplines instead of executing isolated packages.

The company also clarified that the order has been awarded in the normal course of business and does not involve any promoter or related-party interest.

Stock Market Snapshot

Investors responded positively to the announcement.

Sathlokhar Synergys share price traded at ₹327.40, up ₹7.25 or 2.26%, as of 9:34 AM IST on June 13.

The gain suggests the market placed greater emphasis on the improvement in executable order book than on the standalone value of the contract. For EPC companies, sustained order inflows often matter as much as quarterly earnings because they provide visibility into future revenue and capacity utilisation.

Company Background

Sathlokhar Synergys operates as an EPC contractor, executing civil, electrical, firefighting and industrial infrastructure projects across sectors. Its business depends on maintaining a healthy order pipeline that can be converted into revenue over successive quarters.

With the latest award, the company has further strengthened its FY27 project pipeline while expanding its presence in industrial manufacturing infrastructure, a segment benefiting from continued private sector investment in new production facilities.

Source:

• https://www.nseindia.com/get-quote/equity/SSEGL/Sathlokhar-Synergys-E&C-Global-Limited
• https://nsearchives.nseindia.com/corporate/SATHLOKHAR_12072026194633_IntimationunderRegulation30.pdf