INDUSTRY OUTLOOK

Market Size & Growth

• The Indian EPC market is valued at ₹10–11 lakh crore in FY2024.
• Projected to grow at a CAGR of 6–8%, driven by public infrastructure spending, renewable energy expansion, and industrial capacity building.
• By FY2030, the market could exceed ₹17–18 lakh crore, backed by sustained investments across sectors.

Government Push & Budgetary Allocations

• ₹11.11 lakh crore capex outlay in Union Budget 2024–25 (↑11% YoY)
• NIP (National Infrastructure Pipeline): ₹111 lakh crore plan till 2025–26 across 7,000+ projects
• PM Gati Shakti: Digitally integrated infra coordination across ministries
• Water infra programs like Jal Jeevan Mission and Namami Gange are generating substantial EPC work in Tier 2/3 India

Trends & Innovations

• Digital EPC: Use of BIM (Building Information Modeling), drones, IoT-based site monitoring
• PPP & Hybrid-Annuity Models (HAM): Adoption in highways, water treatment, and smart city projects
• Green EPC: Growing focus on renewables, green hydrogen, energy-efficient materials
• Modular Construction: Fast-track project delivery via pre-fab and pre-engineered buildings

Outlook & Opportunities

• India is investing aggressively to modernize its infrastructure to reach a $5 trillion economy goal
• Sectors like renewables, railways, defence, and water infra will be the next growth hotspots for EPC firms
• Mid-cap EPCs with niche focus and execution capabilities are well-positioned for order book expansion and eventual listing or consolidation

Summary

India’s EPC sector is witnessing strong, government-backed expansion, fueled by mega infrastructure projects, clean energy transitions, and urban development. Companies with lean execution models, digital adoption, and diversified order books are set to lead the next growth cycle.

LATEST SHAREHOLDING PATTERN FOR DELTA GALAXY ENGINEERING SERVICES PRIVATR LIMITED

Note: Amit Kumar, chairperson, is the majority stakeholder, with 93% ownership. Abhinav Mayank holds the remainder at 7%.