Sathlokhar
Sathlokhar Synergys E&C Global Limited is a Chennai-headquartered, NSE-listed Indian EPC turnkey contractor delivering industrial, commercial, institutional, PEB, MEP, and solar construction projects across seven-plus Indian states and Sri Lanka for enterprise clients including Reliance, Maersk, and Hyundai.
- Company typePublic
- Founded2013
- HeadquartersChennai, India
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Sathlokhar does
Sathlokhar Synergys E&C Global Limited is an Indian EPC (Engineering, Procurement, and Construction) company headquartered in Chennai, Tamil Nadu, that delivers turnkey construction services across industrial, commercial, institutional, and renewable energy segments. Founded around 2013 and publicly listed on NSE under the ticker SSEGL, the company executes projects under single-point responsibility covering engineering design, procurement, civil and structural construction, Pre-Engineered Building (PEB) fabrication and erection, MEP (Mechanical, Electrical, Plumbing) systems, and solar project development. Its product portfolio spans industrial/warehouse construction, commercial and pharma facilities, hotels and resorts, institutional buildings, MEP network design and installation, solar installations, and integrated EPC Design & Build turnkey contracts. Geographic operations span seven or more Indian states — Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, West Bengal, Gujarat, Uttar Pradesh, and Maharashtra — with two international projects in Sri Lanka, supported by branch offices in Hyderabad, Bengaluru, Puducherry, and Kolkata.
The company's revenue model is contract-based and project-specific, with each EPC engagement priced on a custom basis reflecting scope, materials, labor, and timeline. Revenue is recognized over 3-10 month project durations on milestone-based cash flows, predominantly under fixed-price and cost-plus structures. The go-to-market approach is direct enterprise field sales, pursued through competitive bidding on tenders, direct negotiations with large industrial and commercial clients, and client referrals. Anchor customers include Reliance Consumer Products (Campa Cola), APM Terminals (Maersk), Grand Atlantia Panapakkam SEZ Developers, Ceylon Beverage Can, Kemin Industries, Flyjac Logistics, Hyundai Motor India, Toyota Kirloskar Motor, Apollo Tyres, and OM Logistics, spanning beverage, logistics, automotive, pharmaceutical, manufacturing, and SEZ development verticals. The company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.
FY26 (fiscal year ending March 2026) Total Income reached Rs 823.56 crore, up 121.30% YoY from Rs 372.14 crore in FY25, with PAT of Rs 82.32 crore (+141.03% YoY). As of mid-2026 the order book stood at Rs 840.22 crore with an executable component of Rs 715 crore and a bid pipeline of Rs 19,831 crore, signaling substantial forward growth potential but also heavy working capital and execution requirements. The company is led by founder G. Thiyagu (CEO and Chairman) and co-founder Sangeetha Thiyagu (COO).
Sathlokhar firmographics
Firmographics- Name
- Sathlokhar
- Legal name
- Sathlokhar Synergys E&C Global Limited
- Website
- https://sathlokhar.com
- Company type
- Public
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Sathlokhar Synergys E&C Global Limited is a Chennai-headquartered, NSE-listed Indian EPC turnkey contractor delivering industrial, commercial, institutional, PEB, MEP, and solar construction projects across seven-plus Indian states and Sri Lanka for enterprise clients including Reliance, Maersk, and Hyundai.
- Ownership category
- akta.pro rank
Sathlokhar industry classification
Industry- Product category
- EPC Construction Services
- NAICS
- Site Preparation Contractors (23891), Engineering Services (541330), Architectural, Engineering, and Related Services (5413)
- SIC
- Construction - Special Trade Contractors (1700), Services-Engineering Services (8711)
- akta.pro primary industry
- Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)
- akta.pro secondary industries
- Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads) (EUAMAFAA), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)
Keywords
Where Sathlokhar is headquartered
LocationHeadquarters
- HQ city
- Chennai
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
Sathlokhar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- EPC Contract Revenue: Revenue generated from Engineering, Procurement, and Construction contracts for industrial, commercial, institutional, and infrastructure projects. Projects are executed on a fixed-price or cost-plus basis with milestone-based cash flows over contract durations ranging from 3-10 months. FY26 total income reached Rs 823.56 crore with PAT of Rs 82.32 crore.
- Solar and Renewable Projects: Construction revenue from renewable power projects including solar installations, contributing to diversified revenue streams across business segments
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom project-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Sathlokhar product offering
Product offeringCore offering
Sathlokhar Synergys E&C Global Limited is an Indian EPC (Engineering, Procurement, and Construction) contractor delivering turnkey construction solutions for industrial, commercial, institutional, and infrastructure projects across PAN India. Services span civil construction, Pre-Engineered Buildings (PEB), MEP (Mechanical, Electrical, Plumbing), and solar project execution under a single-point responsibility model from design through procurement and construction. In-house design and engineering teams, ISO 9001/14001/45001 certifications, and an order book of Rs 840+ crore underpin the delivery capability.
Product overview
Sathlokhar Synergys E&C Global Limited is an EPC (Engineering, Procurement, and Construction) company offering turnkey construction solutions across multiple sectors. The company operates a unified product portfolio organized around construction services including Industrial/Warehouse Construction, Commercial/Pharma/Hotel Construction, Institutional/Marriage Halls, MEP Projects, Resort & Villas, Solar Projects, Pre-Engineered Buildings (PEB), and EPC Design & Build Turnkey Contracts. All services integrate civil, PEB, electrical HT/LT, MEP, solar, and interior work capabilities under single-source delivery, enabling the company to handle projects from conceptualization through completion.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial / Warehouse Construction
- Commercial / Pharma & Hotel Construction
- Institutional / Marriage Halls
- MEP Projects
- Resort & Villas
- Solar Projects
- Pre-Engineered Buildings (PEB)
- EPC (Design & Build) Turnkey Contracts
Quantifiable outcome
- 121.30% YoY revenue growth to Rs 823.56 crore in FY26
- +4 more outcomes
Companies that use Sathlokhar
Customer profileNamed customers14 records
Segments5 records
Ideal customer profiles3 records
Sathlokhar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Sathlokhar partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Sathlokhar competitors and assessment
Company assessmentBroad incumbents
- Larsen & Toubro (L&T): India's largest EPC conglomerate with comprehensive capabilities across infrastructure, power, hydrocarbons, and industrial construction. Overlaps with Sathlokhar in industrial facility, commercial building, and solar EPC, but operates at vastly larger scale and across broader geographies and segments.
- Tata Projects: Large Indian EPC firm with similar turnkey industrial and infrastructure project delivery model. Competes with Sathlokhar on industrial plant and commercial construction tenders, though backed by Tata group capital and scale.
- Shapoorji Pallonji E&C: Heritage Indian construction conglomerate delivering industrial, commercial, and institutional projects across India. Competes with Sathlokhar on large industrial and commercial building tenders, but with broader geographic and sector reach.
- KEC International: RPG Group EPC firm with leadership in power transmission, distribution, and civil infrastructure. Adjacent to Sathlokhar in industrial/infrastructure construction, with overlap particularly in power and solar-related civil works.
Direct peers
- Capacit'e Infraprojects: Mumbai-based EPC contractor specializing in residential, commercial, and institutional building construction with similar turnkey delivery model. Closely comparable to Sathlokhar in project type, customer profile (enterprise real estate developers), and revenue scale band.
- Sterling and Wilson (Shapoorji Pallonji Group): Leading Indian EPC firm specializing in solar/BESS, MEP, and data center construction. Directly competes with Sathlokhar in solar EPC and MEP segments, and shares the enterprise/industrial customer base.
- NCC Limited (Nagarjuna Construction): Indian construction company with diversified portfolio including buildings, water, roads, and industrial EPC. Comparable in turnkey construction delivery model and Indian geographic footprint, though larger in scale.
Emerging players
- Mahindra Lifespace Developers: Mahindra Group's real estate and EPC arm focused on industrial clusters and integrated cities. Comparable in industrial construction capability and pan-India ambition, though more focused on cluster/infrastructure development than single-facility EPC.
- Praj Industries: Indian process engineering and EPC firm serving ethanol, brewery, and bio-energy sectors. Partial overlap with Sathlokhar's industrial EPC model, particularly in process plant construction, though more specialized in specific end-markets.
Regional players
- Sobha Limited: Indian real estate and construction firm with strong in-house construction execution capability. Comparable in turnkey EPC delivery and quality focus, though primarily residential/commercial real estate rather than industrial EPC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Sathlokhar social profiles
Digital presenceSathlokhar compliance and trust
Trust signalCompliance3 records
Sathlokhar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sathlokhar leadership team
Management profileNumber of profiles
Profiles2 records
Sathlokhar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sathlokhar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sathlokhar
What does Sathlokhar do?
Sathlokhar Synergys E&C Global Limited is an Indian EPC (Engineering, Procurement, and Construction) contractor delivering turnkey construction solutions for industrial, commercial, institutional, and infrastructure projects across PAN India. Services span civil construction, Pre-Engineered Buildings (PEB), MEP (Mechanical, Electrical, Plumbing), and solar project execution under a single-point responsibility model from design through procurement and construction. In-house design and engineering teams, ISO 9001/14001/45001 certifications, and an order book of Rs 840+ crore underpin the delivery capability.
Is Sathlokhar a public or private company?
Sathlokhar is a public company. It is classified as public and is currently operating.
When was Sathlokhar founded?
Sathlokhar was founded in 2013. It employs 501 to 1,000 people.
Where is Sathlokhar based?
Sathlokhar is headquartered in Chennai, India, in the Asia region.
How does Sathlokhar make money?
Two revenue lines are on record. EPC Contract Revenue is the primary driver. The others are solar and Renewable Projects.
Who are Sathlokhar's main competitors?
Broad incumbents on record are Larsen & Toubro (L&T), Tata Projects, Shapoorji Pallonji E&C and KEC International. Direct peers are Capacit'e Infraprojects, Sterling and Wilson (Shapoorji Pallonji Group) and NCC Limited (Nagarjuna Construction). Emerging players are Mahindra Lifespace Developers and Praj Industries. Sobha Limited is listed as a regional player.
Does Sathlokhar have an API?
No public API is recorded for Sathlokhar.
What industry is Sathlokhar in?
Sathlokhar's product category is EPC Construction Services. Its primary akta.pro industry code is EUAMAFAJ, Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE), with a secondary code of EUAMAFAA, Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads). Its NAICS code is 23891 and its SIC code is 1700.