Sathlokhar Synergys E&C Reports Strong Q2 Results with Net Profit More Than Doubling to ₹29 Crore

Integrated engineering, procurement, and construction (EPC) and turnkey construction firm Sathlokhar Synergys E&C Global has announced its financial results for the quarter ending September, reporting a significant jump in profitability and revenue.

The company's net profit more than doubled during the quarter to ₹29 crore, compared to ₹14 crore recorded in the same period of the previous fiscal year. Management attributed the growth to strong project execution and improved margins.

Revenue for the quarter also doubled year-on-year, reaching ₹297 crore compared to ₹148 crore previously. Concurrently, earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to ₹44 crore from ₹19 crore.

During the second quarter, the company secured 12 new orders valued at ₹353 crore. This brought total order inflows for the first half of the fiscal year to ₹625 crore, pushing the overall order book to ₹1,139 crore as of the end of September. Managing Director G Thiyagu noted that the firm continues to build on existing client relationships through repeat orders while concurrently onboarding new customers.

In addition to order wins, the company is expanding its operational footprint. As part of a backward integration strategy, Sathlokhar Synergys inaugurated a new pre-engineered building (PEB) manufacturing facility in Pullivallam, Tamil Nadu. The plant features a designed production capacity of 1,200 tonnes per month at optimum utilization, aimed at improving internal control over fabrication, quality, and delivery timelines.

Looking at the wider opportunity pipeline, the company has submitted bids for projects worth ₹23,505 crore across various industries and geographies. Moving forward, management stated its intention to focus on converting these opportunities into quality orders, maintaining execution discipline, and scaling its PEB manufacturing capabilities to support sustainable growth.

"The financial performance of Sathlokhar Synergys E&C highlights the importance of execution discipline and margin management in the infrastructure and EPC sector. Doubling both revenue and net profit while maintaining a healthy 15 percent EBITDA margin demonstrates strong operational efficiency. Furthermore, their backward integration through the new PEB manufacturing facility is a strategic move that will help control delivery timelines and quality as the company scales its order book." — Dr. Shishir Gupta, Founder & CEO, StartupLanes