What we do Pratham EPC Projects Ltd is an integrated engineering, procurement, construction, and commissioning company specializing in oil, gas, and water pipeline projects in India. |
Founded in 2,014 |
Market share A growing player in the Indian oil & gas pipeline EPC sector with expanding operations and a 71% revenue growth in FY 2025. |
Problem solved Provides specialized pipeline infrastructure and maintenance services addressing the critical need for reliable oil, gas, and water distribution networks. |
Top clients or who we serve B2B focus serving oil and gas companies, city gas distribution firms, and water distribution project clients in India and UAE. |
Key management Managing Director Prakkumar Maganlal Vekariya, Whole-time Director Nayankumar Manubhai Pansuriya, CFO Yogesh Vasantbhai Joglekar, Company Secretary Palak Sharma. |
Our journey and innovations Founded in 2014; transitioned from private to public company in 2023; expanded internationally with a UAE subsidiary and completed a successful IPO in 2024. |
Where we operate India with recent expansion into UAE via wholly owned subsidiary Pratham International Contracting LLC. |
Top products or what we offer End-to-end EPC solutions for oil & gas pipelines and water pipelines, including welding, coating, hydro testing, and pipeline commissioning. |
Top brands Pratham EPC Project services recognized for integrated pipeline solutions; subsidiary Pipeflow Integrity India Pvt Ltd involved until 2025; UAE operations started FY25. |
Raw materials needed Steel pipes, welding materials, coatings, hydro testing equipment, construction machinery. |
Raw materials supplier Local and national suppliers in the oil and gas infrastructure sector; specifics confidential. |
Recurring vs cyclical contribution Revenue primarily project-based with a mix of recurring maintenance contracts, focus on cyclical project executions. |
Our industry position Emerging integrated EPC player with strong growth; improving EBITDA margins and expanding geographic footprint. |
Financial highlights FY 2025 revenue at ₹118.9 crore with 71% growth; net profit ₹13.71 crore; EBITDA up 28%; EPS steady near ₹7.7. |
Geographical revenue split Majority revenue from India; recent UAE expansion expected to contribute in future years. |
Order book Order book details not disclosed explicitly; growth driven by secured pipeline project contracts. |
Whats driving growth Robust demand from oil & gas sector, strategic IPO funding, operational efficiencies, and expansion into new geographies. |
Our future plans Capitalize on IPO proceeds for machinery acquisition, expand UAE presence, and diversify into allied services. |
Our green promise Committed to environment-friendly operations, safety compliance, and preserving natural resources per company policy. |
Our people and values 408 employees; culture emphasizes training, safety, compliance, and ethical business practices. |
Key challenges ahead Managing project execution risks, competition, regulatory compliance, and maintaining growth momentum. |
Interesting facts Transitioned to a public company only recently and completed a successful IPO raising ₹36 crore; notable international subsidiary launch. |
Risks and strategy Risks include project delays and market volatility; mitigation via robust risk management policy and diversified project portfolio. |
