What we do Samay Project Services Limited provides Engineering, Procurement and Construction services, specializing in piping systems, tanks, and firefighting systems for industries like power and infrastructure. |
Founded in 2,001 |
Market share Recognized as a trustworthy EPC contractor with a strong order backlog and a growing enquiry pipeline in India and abroad. |
Problem solved Delivers comprehensive BOP engineering and construction solutions to industrial clients, addressing complex infrastructure needs efficiently. |
Top clients or who we serve Serves power plants, sugar, distillery, iron and steel, and infrastructure sectors with B2B projects, including public and private sectors. |
Key management - |
Our journey and innovations Established in 2001, transitioned to a public company in 2024; executed notable projects including overseas Public Health Engineering system and FGD turnkey projects. |
Where we operate Primarily India with project presence in Mauritius and plans for wider infrastructure project bids domestically. |
Top products or what we offer EPC services covering piping systems, tanks and vessels, fabricated structures, firefighting, and detection systems. |
Top brands - |
Raw materials needed Carbon steel and stainless steel sheets for tank fabrication, and materials for piping and firefighting systems. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is project-based, reflecting cyclical contributions aligned with order flow and construction activity. |
Our industry position A mid-sized EPC player with 23 years of experience, good order backlog, and prequalification for larger infrastructure projects. |
Financial highlights Revenue Rs 37.14 Cr with net profit Rs 4.19 Cr for FY 2023-24; steady margin management with growth in business scale. |
Geographical revenue split Majority revenue from India with select overseas projects in Mauritius. |
Order book Strong order backlog visible for FY 2024-25 including turnkey FGD and green energy projects. |
Whats driving growth Stable steel prices, diversified project mix, new green energy EPC initiatives, and expansion into larger infrastructure segments. |
Our future plans Investing in BioCNG and Green Hydrogen EPC projects; plans to setup model BioCNG plant in Tamil Nadu; SME exchange listing pursued. |
Our green promise Focusing on green EPC segments like BioCNG and Hydrogen to align with renewables and sustainable energy goals. |
Our people and values Established organizational structure ensuring strong project management and operational efficiency. |
Key challenges ahead Competition, market demand risks, and evolving energy sector dynamics with renewable energy transition. |
Interesting facts Issued bonus shares at 1:35 ratio; undertook overseas projects; expanding into emerging green technology EPC solutions. |
Risks and strategy Risks include price volatility and manpower retention; mitigation through business expansion, diversification, and strong project execution. |
