Sattva Engineering Construction Limited (SATTVAENGG)
SATTVAENGG delivery percentage and bulk deals
NSE end-of-day data for
On Thu, 22 Oct 2026, 100.0% of the SATTVAENGG shares traded on NSE were taken to delivery, against the stock's own 20-session average of 79.03%. That is higher than usual for this stock. Turnover was only ₹2 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal. 2 bulk or block deals were reported in SATTVAENGG in the last 60 days: ₹0.81 Cr bought and ₹0.81 Cr sold.
Delivery in the last 5 sessions: 35.9% · 96.3% · 100.0% · 89.5% · 100.0%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 1 Oct | Sell | Caprize Global Story Llp | ₹0.81 Cr | ₹52.40 | 155,200 | Bulk |
| 1 Oct | Buy | Caprize Investment Managers Private Limited | ₹0.81 Cr | ₹52.40 | 155,200 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Sattva Engineering Construction Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The RTA confirmed that all securities received for dematerialisation during the period were processed, confirmed, or rejected, and the relevant certificates were mutilated and cancelled as per standard regulations. This is a standard procedural filing and has no impact on business operations or financials.
- Compliance certificate submitted under Regulation 74(5) of SEBI Regulations, 2018
- Covers the operational quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited on October 03, 2026
- Company filed the intimation with NSE on October 08, 2026
Sattva Engineering Construction Limited has submitted the voting results and scrutinizer's report for its 21st Annual General Meeting held on September 10, 2026. All three ordinary resolutions were passed unanimously with 100% votes cast in favor. The resolutions included the adoption of FY26 standalone financial statements, the reappointment of retiring director Mr. Rajagopal Sekar, and the appointment of M/s. Raghavan and Muralidharan, Chartered Accountants, as statutory auditors for a 5-year term.
- All 3 ordinary resolutions approved with 100% votes cast in favor
- Adoption of FY26 financial statements approved with 11,021,000 votes in favor (63.0903% of total shares polled)
- Mr. Rajagopal Sekar reappointed as director; being an interested promoter, he abstained 4,091,799 shares from voting
- M/s. Raghavan and Muralidharan appointed as statutory auditors for a term of 5 consecutive years
- Total of 22 shareholders attended the meeting via video conferencing (4 promoter, 18 public)
Sattva Engineering Construction Limited concluded its 21st Annual General Meeting on September 10, 2026, held via Video Conferencing. Key resolutions tabled included the adoption of FY26 audited standalone financial statements and the reappointment of director Mr. Rajagopal Sekar. Additionally, M/s. Raghavan and Muralidharan, Chartered Accountants, were appointed as Statutory Auditors for a 5-year consecutive term. The meeting commenced at 3:00 PM IST and concluded at 3:45 PM IST.
- 21st AGM successfully conducted on September 10, 2026, starting at 3:00 PM IST and concluding at 3:45 PM IST
- Appointment of M/s. Raghavan and Muralidharan as Statutory Auditors for a term of 5 consecutive years
- Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026
- Remote e-voting was held from September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)
Sattva Engineering Construction Limited has scheduled its 21st Annual General Meeting (AGM) for September 10, 2026, at 03:00 P.M. IST via video conferencing. The company has initiated the dispatch of physical letters to shareholders whose email IDs are not registered, providing them with direct web links to access the Annual Report for FY 2025-26. This filing is a procedural compliance under SEBI (LODR) Regulations to ensure all shareholders have access to the year-end financial disclosures. No material business changes or financial results were disclosed in this specific intimation.
- 21st Annual General Meeting scheduled for September 10, 2026
- Annual Report released for the Financial Year 2025-26
- AGM to be conducted at 03:00 P.M. IST through Video Conferencing (VC)
- Compliance filing pursuant to Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015
Sattva Engineering Construction Limited has scheduled its 21st Annual General Meeting (AGM) for September 10, 2026, to be conducted via video conferencing. The agenda includes the adoption of audited financial statements for FY 2025-26 and the re-appointment of Mr. Rajagopal Sekar as a Whole-time Director, who currently holds a 23.42% stake. A significant item is the proposed appointment of M/s Raghavan and Muralidharan as Statutory Auditors for a five-year term ending in 2031. Shareholders can participate in remote e-voting between September 7 and September 9, 2026.
- 21st Annual General Meeting scheduled for September 10, 2026, at 03:00 P.M. IST
- Mr. Rajagopal Sekar, seeking re-appointment, holds 23.42% shareholding in the company
- Proposed appointment of M/s Raghavan and Muralidharan as Statutory Auditors for a 5-year term until the 26th AGM
- Cut-off date for e-voting eligibility is set for September 03, 2026
- Remote e-voting period starts September 07, 2026 (09:00 AM) and ends September 09, 2026 (05:00 PM)
Sattva Engineering Construction Limited has secured a purchase order from Bimbo Bakeries India Private Limited for civil construction works at their Tamil Nadu facility. The project, valued at ₹11.22 crore (including taxes), marks the company's strategic re-entry into the industrial and utility building segment. The contract features a relatively short execution timeline of 20 weeks. Payment terms are favorable, with 90% of the value payable against running account bills within 15 days of certification.
- Total purchase order value of ₹11.22 crore including applicable taxes.
- Project execution timeline set for a period of 20 weeks.
- Basic order value excluding GST stands at ₹9.51 crore.
- 90% payment to be released against RA bills within 15 days of invoice certification.
- Project involves civil works at Bimbo Bakeries' manufacturing facility in Serkadu Village, Tamil Nadu.
Sattva Engineering Construction Limited has secured a civil works contract worth ₹9.51 crore (excluding GST) from Bimbo Bakeries India Private Limited, a subsidiary of the world's largest baking company, Grupo Bimbo. The project involves constructing facilities at a manufacturing plant in Serkadu Village, Tamil Nadu, with a tight execution timeline of 20 weeks. This order is strategically significant as it marks the company's re-entry into the Industrial & Utility Building segment. The payment terms are relatively favorable, with 90% of the value payable against running account bills within 15 days of certification.
- Secured a purchase order with a basic value of ₹9,50,63,345 and a total value of ₹11,21,74,747 including taxes.
- Project execution timeline is set for 20 weeks from the date of the order.
- Marks the company's strategic re-entry into the Industrial & Utility Building segment.
- Payment terms include 90% against RA bills within 15 days and 10% after commissioning against a Performance Bank Guarantee.
- Liquidated Damages (LD) clause of 0.5% per week applies for delays, capped at 10% of balance work.
Sattva Engineering Construction Limited has proposed the appointment of M/s. Raghavan and Muralidharan as Statutory Auditors for a five-year term, spanning from the 21st AGM to the 26th AGM (FY 2030-31). The Board also appointed Mr. Suraj Dubey as the new Company Secretary and Compliance Officer effective August 04, 2026, following the resignation of the previous CS on July 15, 2026. The 21st Annual General Meeting (AGM) is scheduled for September 10, 2026, where shareholders will vote on the auditor appointment and other routine business.
- Proposed appointment of M/s. Raghavan and Muralidharan as Statutory Auditors for a 5-year term until FY 2030-31
- 21st Annual General Meeting (AGM) scheduled for September 10, 2026, at 3:00 P.M. IST
- Mr. Suraj Dubey appointed as Company Secretary and Compliance Officer effective August 04, 2026
- Cut-off date for E-voting fixed as September 03, 2026
- Previous Company Secretary Mr. Laxmikanth Tangudu resigned effective July 15, 2026
Sattva Engineering Construction Limited has appointed Mr. Suraj Dubey as Company Secretary and Compliance Officer effective August 04, 2026, following the resignation of the previous officer in July. The Board has also recommended the appointment of M/s. Raghavan and Muralidharan as Statutory Auditors for a five-year term spanning FY 2026-27 to FY 2030-31, subject to shareholder approval. The company's 21st Annual General Meeting (AGM) is scheduled for September 10, 2026, to formalize these appointments and review the FY26 performance.
- Appointment of Mr. Suraj Dubey as CS and Compliance Officer effective August 04, 2026
- Proposed 5-year term for M/s. Raghavan and Muralidharan as Statutory Auditors until the 26th AGM
- 21st Annual General Meeting scheduled for September 10, 2026, at 3:00 PM IST
- E-voting cut-off date fixed for September 03, 2026, with the voting period ending September 09, 2026
- Previous CS Laxmikanth Tangudu resigned effective close of business hours on July 15, 2026
Sattva Engineering Construction Limited held a board meeting on August 04, 2026, to finalize several administrative and governance matters. The board appointed Mr. Suraj Dubey as the new Company Secretary and Compliance Officer, effective immediately, following the resignation of the previous officer in July. Additionally, M/s. Raghavan and Muralidharan were recommended as Statutory Auditors for a five-year term spanning FY 2026-2031. The company's 21st Annual General Meeting (AGM) is scheduled for September 10, 2026, with the e-voting period set for early September.
- Appointment of Mr. Suraj Dubey as Company Secretary and Compliance Officer effective August 04, 2026.
- Recommendation of M/s. Raghavan and Muralidharan as Statutory Auditors for a 5-year term until the conclusion of the 26th AGM (FY 2030-2031).
- 21st Annual General Meeting scheduled for September 10, 2026, at 3:00 P.M. IST via video conferencing.
- Cut-off date for e-voting eligibility fixed as September 03, 2026.
- E-voting period defined from September 07, 2026 (9:00 AM) to September 09, 2026 (5:00 PM).
Sattva Engineering reported a robust order book of ₹530 crores as of June 30, 2026, providing multi-year revenue visibility. A significant operational achievement was the collection of 88% of FY26 outstanding trade receivables, which strengthens the company's ability to fund future growth through internal accruals. The company successfully expanded its geographic footprint into Karnataka with ~₹124 crores in new orders from BWSSB. Furthermore, Sattva is diversifying its revenue streams by entering the industrial buildings segment, having submitted three new tenders during the quarter.
- Order book stood at ₹530 crores as of June 30, 2026, ensuring a strong execution pipeline.
- Successfully collected 88% of FY26 outstanding trade receivables by the end of Q1 FY27.
- Secured two new orders from Bangalore Water Supply and Sewerage Board (BWSSB) totaling ~₹124 crores.
- Submitted 3 tenders in the industrial buildings segment, marking an entry into an adjacent infrastructure vertical.
- Strengthened Odour Control System (OCS) capabilities by integrating them into new Bangalore-based projects.
Financial Performance
Revenue Growth by Segment
Revenue from operations grew 21.73% YoY from INR 7,693.07 Lacs in FY24 to INR 9,365.04 Lacs in FY25. Segmental contribution in FY25 was dominated by Water Supply Schemes (WSS) at 63.61% (INR 5,957.41 Lacs), followed by Under Ground Sewerage Systems (UGSS) at 26.04% (INR 2,439.44 Lacs), and Sewage Treatment Plants (STP) at 2.95% (INR 276.30 Lacs).
Geographic Revenue Split
Revenue is currently concentrated 100% in Tamil Nadu, with major projects completed in Chennai, Namakkal, and Pallavaram. The company plans to expand into other Indian states to reduce geographic concentration risk.
Profitability Margins
Gross margin for FY25 was approximately 31.6% (Revenue of INR 9,365.04 Lacs minus direct contract expenses and materials of INR 6,401.51 Lacs). Net Profit After Tax (PAT) margin improved significantly from 5.89% in FY24 to 9.64% in FY25, with PAT growing 100.2% YoY to INR 913.91 Lacs.
EBITDA Margin
EBITDA margin improved from 15.79% in FY24 to 20.84% in FY25. Core profitability increased by 61.6% YoY, reaching INR 1,976.19 Lacs in FY25 compared to INR 1,222.71 Lacs in FY24.
Capital Expenditure
Property, Plant, and Equipment (PPE) stood at INR 4.32 Cr as of HY26, up from INR 4.10 Cr in FY25. The company intends to utilize IPO proceeds to finance long-term working capital for larger infrastructure projects.
Credit Rating & Borrowing
Not disclosed in available documents. However, finance costs were INR 6.79 Cr in FY25 on total borrowings of INR 36.17 Cr, implying an average borrowing cost of approximately 18.8%.
Operational Drivers
Raw Materials
Specific materials include DI Transmission mains (pipes), consumables, and spare parts. Cost of materials consumed represented 54.6% of total revenue in FY25 (INR 5,115.16 Lacs).
Key Suppliers
Not disclosed in available documents, though the company negotiates favorable payment terms with suppliers to manage working capital.
Capacity Expansion
The company has executed projects ranging from 12.5 MLD to 60 MLD. It aims to bid for higher-capacity projects (>50 MLD) to leverage economies of scale and reduce competition.
Raw Material Costs
Raw material costs were INR 5,115.16 Lacs in FY25, representing 54.6% of revenue. This was a 33.2% increase from FY24's INR 3,839.45 Lacs, slightly outpacing revenue growth.
Manufacturing Efficiency
The company has completed 50+ projects since inception and currently manages 14 ongoing projects with an order book value of INR 30,809.45 Lacs.
Strategic Growth
Growth Strategy
The company will achieve growth by bidding for larger-scale projects (>50 MLD) which offer better margins and less competition, expanding geographically beyond Tamil Nadu, and capitalizing on government initiatives like Jal Jeevan Mission and AMRUT 2.0.
Products & Services
Water Supply Schemes (WSS), Under Ground Sewerage Systems (UGSS), Sewage Treatment Plants (STP), and Water Treatment Plants (WTP).
Brand Portfolio
Sattva Engineering Construction Limited.
New Products/Services
Focusing on high-capacity STPs and WTPs on an EPC basis, with expected revenue contribution from long-term Operation and Maintenance (O&M) services (typically 10-year contracts).
Market Expansion
Gradual expansion into other Indian states beyond the current Tamil Nadu base to diversify the revenue stream.
Strategic Alliances
Pursuing larger projects both independently and through partnerships/JVs with other industry players to meet pre-qualification criteria.
External Factors
Industry Trends
The Indian water EPC market is growing due to stringent effluent treatment regulations and government missions (JJM, AMRUT). The industry is shifting toward IoT-based management and high-capacity treatment plants.
Competitive Landscape
High competition in small-scale projects; significantly lower competition in high-capacity (>50 MLD) projects where technical track record is required.
Competitive Moat
The moat is built on 20 years of execution experience and technical pre-qualification for large MLD projects, which acts as a barrier to entry for smaller players. Sustainability is driven by long-term O&M contracts providing recurring revenue.
Macro Economic Sensitivity
Highly sensitive to government infrastructure spending and policy initiatives like the National Rural Drinking Water Programme.
Consumer Behavior
Not applicable as the business model is primarily B2G (Business to Government).
Regulatory & Governance
Industry Regulations
Compliance with stringent effluent treatment standards and government manufacturing standards for water infrastructure.
Environmental Compliance
ISO 14001:2015 certified for environmental management; SCADA systems are connected to pollution control boards for real-time compliance monitoring.
Taxation Policy Impact
Effective tax rate for FY25 was approximately 27.6% (Tax expense of INR 348.08 Lacs on PBT of INR 1,261.34 Lacs).
Risk Analysis
Key Uncertainties
Concentration of resources in a single geographic region (Tamil Nadu) and potential project delays due to local factors.
Geographic Concentration Risk
100% of current projects and revenue are concentrated in Tamil Nadu.
Third Party Dependencies
Dependency on subcontractors for site operations and project execution coordination.
Technology Obsolescence Risk
Risk is mitigated by the adoption of SCADA and SAP B1 ERP systems for digital transformation.
Credit & Counterparty Risk
Receivables are primarily from government bodies; trade receivables stood at INR 3,235.26 Lacs in FY25 (34.5% of revenue).
