| Market Cap | ₹120.45 CrSmall cap |
|---|---|
| Annual Revenue | ₹93.65 CrFY25 Operating |
| TTM PE | 13.18Valuation |
| Order from | Bangalore Water Supply and Sewerage Board (BWSSB) |
| Execution period | Construction: 30 Months; O&M: 7 years |
| Deal value | ₹76.11 Cr |
| Share of market cap | 63.2% |
| Share of annual revenue | 81.3% |
Key highlights
- Contract value of ₹76.11 crore excluding GST at 18 percent
- Scope includes design, construction, and commissioning of a 20 MLD STP
- Utilization of Integrated Fixed-Film Activated Sludge and BNR technology
- Implementation period of 30 months for construction and commissioning
- Post-construction operations and maintenance agreement for seven years
Project Scope and Technology
The contract awarded by the Bangalore Water Supply and Sewerage Board involves the turnkey development of a 20 MLD Sewage Treatment Plant at Koramangala. The facility will employ Integrated Fixed-Film Activated Sludge technology combined with Biological Nutrient Removal and tertiary treatment units to ensure high-quality effluent output. The project also features specialized odor control units to minimize environmental impact on the surrounding urban areas.
The execution timeline is set at 30 months for construction, followed by a comprehensive seven-year commitment for operation and maintenance services to ensure long-term performance and infrastructure reliability.
Strategic Client Profile
The Bangalore Water Supply and Sewerage Board is the principal authority managing water supply and sewage disposal for the city of Bengaluru, serving a population of over 10 million. Established in 1964, the board is responsible for large-scale infrastructure projects including the Cauvery Water Supply Schemes and major wastewater recycling initiatives. Securing a contract of this magnitude from a high-profile municipal entity enhances Sattva Engineering's standing in the public infrastructure space and positions the company as a key technical partner in the Karnataka state government’s urban rejuvenation and environmental conservation programs.
Financial and Business Impact
- The ₹76.11 crore order represents approximately 81 percent of the company's annual revenue of ₹93.65 crore
- The seven-year O&M period provides long-term visibility for recurring service-based income streams
- Advanced IFAS technology deployment builds technical credentials for future high-value municipal tenders
- Project execution helps diversify the company's geographical presence within the South Indian utility market
- The turnkey nature of the contract allows for better control over project margins and procurement cycles
Financial Context and Performance
Sattva Engineering demonstrates strong financial momentum with a 100.26 percent year-on-year growth in net profit and a healthy 21.04 percent return on equity. The company’s current price-to-earnings ratio of 13.18 remains significantly lower than the sector average of 23.41, suggesting a more conservative valuation relative to peers. Despite a marginal day change in stock price, the company has seen a 13.03 percent increase over the last month.
With a Piotroski Score of 5 and momentum scores trending neutrally, this large-scale order arrival provides a fundamental boost to its future revenue pipeline and market positioning.
| Share price | ₹68.95 |
|---|---|
| Market capitalisation | ₹120.45 Cr |
| Revenue (annual) | ₹93.65 Cr |
| Net profit (annual) | ₹9.14 Cr |
| P/E (TTM) | 13.18×Sector 23.41× |
| Promoter holding | 62.91% |
| FII holding | 1.01%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Sattva Engineering Construction Limited announcing the receipt of a Letter of Acceptance for a 20 MLD STP project from BWSSB. Market figures from a third-party data provider.
