Figures last updated 21 Oct 2026, 11:00 PM IST · How we work · Report an error
What the company does and where it sits in its industry
SFC Environmental Technologies Limited is an environmental technology company providing technology solutions and comprehensive engineering services in wastewater treatment, wastewater recycling and reuse, and solid waste treatment.
SFC Environmental Technologies Limited is an environmental technology company offering technologies and comprehensive engineering solutions in the field of wastewater treatment (WWT), wastewater recycling & reuse (WRR), and solid waste treatment (SWT), including agro-waste based biogas projects.
In the wastewater treatment and reuse segments, the company primarily caters to engineering, procurement, and construction (EPC) companies that bid for municipal and industrial sewage treatment plant (STP) projects. In the solid waste treatment segment, it serves governmental authorities such as the Goa Waste Management Corporation and oil marketing companies.
The company earns revenues through the design, engineering, procurement, manufacturing, installation, and commissioning of proprietary technology solutions (including C-Tech and OREX), supply of critical equipment, execution of turnkey EPC projects, operations and maintenance (O&M) services, sale of recyclables, compost, and energy, and tipping fees.
The company offers C-Tech sequencing batch reactor technology packages, OREX solid waste treatment technology, ultrafiltration and membrane bioreactor solutions, moving arm decanters, diffusers, turbo blowers, fibre disc filters, and solar sludge drying systems.
The company operates primarily through technology supply and engineering partnerships with EPC contractors for wastewater projects, and through concession agreements (DBFOT/BOOT) or EPC and O&M contracts with government agencies and oil marketing companies for solid waste and bioenergy facilities.
The company holds over 80% market share in sequencing batch reactor (SBR) technology in India as of July 31, 2026, and is among the market leaders in the municipal solid waste treatment space.
Who controls the company, and how much of it they hold
Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar, Prachiti Sandeep Asolkar, Saketchandrasingh Pratapsingh Dhandoriya
Points to weigh, drawn from the offer document and the figures on the other tabs
The company holds over 80% market share in sequencing batch reactor technology in India as of July 31, 2026, facilitating 17,511.11 MLD of wastewater treatment capacity across 728 commissioned installations.
The company has developed integrated in-house manufacturing capabilities and strategic tie-ups for critical components including decanters, diffusers, turbo blowers, and solar sludge drying systems.
The company has designed, built, and operates integrated solid waste management plants in Goa with aggregate capacity up to 425 TPD, utilizing proprietary OREX technology.
The company derives significant repeat business from key EPC players, with repeat customer revenue accounting for 91.98% of FY26 standalone operations and a total order book of ₹16,566.43 million as of August 31, 2026.
Revenue from operations grew at a CAGR of 10.56% from ₹6,574.95 million in FY24 to ₹8,036.29 million in FY26, accompanied by steady profitability and balance sheet expansion.
Revenues and operations depend significantly on core technologies such as C-Tech and OREX; failure to upgrade, innovate, or adapt to emerging technologies could harm competitiveness and business results.
A substantial portion of revenue from the WWT and SWT segments is directly or indirectly attributable to government entities, making operations vulnerable to policy changes, budgetary allocations, and tender delays.
A significant portion of revenue is generated from top 10 customers (64.44% in FY26) largely based on purchase orders or project-specific agreements rather than long-term commitments.
The company experienced negative net cash flows from operating activities of ₹258.02 million in FY26 and ₹116.94 million in FY24, primarily driven by working capital movements.
The business is working capital intensive with high trade receivable days (282 days in FY26 on a standalone basis), subject to seasonal concentration in the second half of each fiscal year.