Sathlokhar Synergys E&C Global Limited (NSE: SSEGL) has announced the acquisition of five new orders valued at approximately Rs 75.52 crore (excluding GST), bringing its confirmed order book for FY 2026/27 to Rs 915.74 crore (excluding GST). The company had previously disclosed confirmed orders of around Rs 840.22 crore.
Order Details and Scope
The new orders encompass MEP (mechanical, electrical, and plumbing), civil, and electrical works across multiple sectors including footwear manufacturing, industrial facilities, consumer products, and food processing. Execution timelines range from 3 to 9 months.
- MEP Works for High Glory Footwear India Private Limited: A subsidiary of Taiwan-based Pou Chen Corporation, the world's largest branded athletic and casual footwear manufacturer. Scope includes MEP works for A5 and A6 at the proposed factory in SIPCOT Industrial Park SEZ, Kallakurichi, Tamil Nadu. Order value: Rs 40.59 crore including GST. Execution before December 2026.
- MEP Works for Grand Atlantia Panapakkam SEZ Developers Private Limited: Part of Taiwan-based Hong Fu Industrial Group, which is investing approximately Rs 1,500 crore to establish a mega non-leather footwear facility in Ranipet. Scope includes MEP works for the proposed building at SIPCOT Park, Panapakkam, Ranipet, Tamil Nadu. Order value: Rs 25.55 crore including GST. Execution before October 2026.
- Civil Works for Anabond Limited: Execution of civil works at an industrial facility in APIC Industrial Park, Andhra Pradesh. Order value: Rs 19.48 crore including GST. Execution before January 2027.
- Civil Works for Reliance Consumer Products Limited: A subsidiary of Reliance Industries Limited, producing CAMPA COLA beverages. Scope includes new project site establishment and civil works at Mulwada Industrial Area Phase II, Bijapur, Karnataka. Order value: Rs 1.22 crore including GST. Execution before October 2026.
- Electrical Works for Karaikal Iyangars Foods Limited: Known as Iyengar Bakery. Scope includes electrical works at Karaikal, Pondicherry. Order value: Rs 2.26 crore including GST. Execution before September 2026.
Management Commentary
Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited, stated: "The addition of these new orders across MEP, civil, and electrical works reflects the continued confidence that leading domestic and global clients place in Sathlokhar's execution capabilities. Securing projects from prominent industrial and manufacturing groups further strengthens our position as a trusted EPC partner for complex and time-bound projects." He added that repeat orders from existing clients validate the company's execution quality and timely delivery. With the revised confirmed order book at approximately Rs 915.74 crore, the company remains focused on disciplined execution and deepening long-term client relationships.
Company Profile and Financials
Founded in 2013 by Mr. G. Thiyagu (MD) and Mrs. Sangeethaa Thiyagu (COO), Sathlokhar Synergys E&C Global Limited is a Chennai-based EPC company delivering integrated turnkey infrastructure solutions across industrial, warehousing, institutional, commercial, and healthcare sectors in India. Its in-house capabilities include civil construction, PEB structures, MEP systems, solar EPC, surveillance, and statutory approvals. The company serves over 24 international clients from the USA, Japan, EU, Sri Lanka, Vietnam, and Taiwan, along with Indian corporates such as Reliance Group and Muthiah Beverages. With over 82 projects completed, the company is ISO certified, a government-approved 'A Grade' HT & LT electrical and MEP contractor, and an authorized Tata Power Solar channel partner. Following its IPO, the company has expanded to 678 employees and over 5,550 labourers. In FY26, Sathlokhar Synergys reported a Total Income of Rs 823.56 crore, an EBITDA of Rs 117.88 crore, and a PAT of Rs 82.32 crore.
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