Ellora EPC Pvt. Ltd. - Comprehensive Analysis Report

Summary

Ellora EPC Pvt. Ltd. is a prominent Indian Engineering, Procurement, and Construction (EPC) company with a legacy spanning over three decades, established in 1988. Initially a turnkey civil contracting firm, it has evolved into a comprehensive EPC solutions provider with a strong focus on civil and infrastructure projects. The company's mission centers on achieving global market prominence through excellence in quality, safety, and timely project completion, fostering a positive company culture. Its vision is to become a leading Indian conglomerate, delivering world-class services through innovative engineering and client satisfaction. Ellora EPC plays a critical role in India's infrastructure development, serving corporate houses, government bodies, and private trusts.

1. Strategic Focus & Objectives

Core Objectives

Ellora EPC's main business objectives include sustained continual improvement facilitated by the effective implementation of a Quality Management System aligned with ISO 9001. The company is committed to enhancing its quality practices through regular employee training and development initiatives. A paramount short-term and long-term goal is to ensure construction site safety by strictly adhering to all relevant laws, guidelines, and industry standards.

Specialization Areas

The company specializes in delivering high-quality, timely, and customized EPC and construction solutions across diverse sectors. Its key areas of expertise include Design & Build services, Civil & Infrastructure works, Pre-Engineered Buildings (PEB), and Mechanical, Electrical, & Plumbing (MEP) services. Ellora EPC offers a unique value proposition through its integrated project management approach, emphasizing open communication, regular updates on project timelines, and strict adherence to budgetary constraints throughout project execution.

Target Markets

Ellora EPC targets a broad range of project sectors, including industrial, commercial, residential, infrastructure, and interior works. Its market positioning strategy is built on catering to the evolving demands of a diverse clientele, encompassing corporate houses, government bodies, and private trusts, by providing reliable and efficient turnkey project execution.

2. Financial Overview

Funding History

Ellora EPC Private Limited was established on August 20, 2021, as a private limited company. As of January 6, 2026, the company has an authorized capital of ₹5.00 Crore and a paid-up capital of ₹5.00 Crore. While specific funding rounds are not detailed, the company's financial performance indicates strong organic growth and internal capital generation. For the financial year ending March 31, 2023, Ellora EPC demonstrated significant financial expansion, reporting a revenue increase of 981.58% and a profit increase of 1479.74%. Its net worth surged by 1351.48% in the same period. For the financial year ending March 31, 2024, the company generated a revenue of ₹115 Crore, exhibiting a compounded annual growth rate (CAGR) of 166% over the previous year. As of January 6, 2026, the company holds ₹40.30 Crore in open charges.

3. Product Pipeline

Key Products/Services

Ellora EPC is actively engaged in a diverse portfolio of ongoing projects, demonstrating its versatile service offerings:

Civil and Infrastructural Works for Engine Assembly & Aluminum Body Shop

Description: EPC services for a major automotive manufacturing facility.

Target Client: Bajaj Auto Ltd.

Development Stage: Ongoing.

Projects for Hiranandani Industrial Parks

Description: Various civil and infrastructure projects within industrial park developments.

Target Client: Ralogistics (client of Hiranandani Industrial Parks).

Development Stage: Ongoing.

Project for 7 Apple Hospitality

Description: Construction and development services for the hospitality sector.

Target Client: 7 Apple Hospitality.

Development Stage: Ongoing.

Manufacturing Plant for SAV Chemicals Private Limited

Description: Construction of a specialized manufacturing facility.

Target Client: SAV Chemicals Private Limited.

Development Stage: Ongoing (mentioned February 2024).

Mahindra Auto Steel Private Limited Project

Description: EPC services for an automotive steel facility located in Chakan, Pune.

Target Client: Mahindra Auto Steel Private Limited.

Development Stage: Ongoing (mentioned February 2024).

Shubhada Technologies Private Limited Project

Description: Construction services for a technology-related facility.

Target Client: Shubhada Technologies Private Limited.

Development Stage: Ongoing (mentioned February 2024).

Innova Rubbers Private Limited Project

Description: EPC services for a rubber manufacturing facility.

Target Client: Innova Rubbers Private Limited.

Development Stage: Ongoing (mentioned February 2024).

Samsonite South Asia Limited Phase 2 Project

Description: Expansion and construction services for a manufacturing facility in Nashik.

Target Client: Samsonite South Asia Limited.

Development Stage: Ongoing (mentioned February 2024).

Shalimar R&D Building

Description: Construction of a research and development facility.

Target Client: Shalimar.

Development Stage: Ongoing (mentioned February 2024).

The company has a consistent track record of successful project completion within stipulated schedules.

4. Technology & Innovation

Technology Stack

Ellora EPC leverages advanced technology, innovative methodologies, and state-of-the-art equipment to deliver its projects. The company prides itself on an integrated engineering team possessing tech-savvy and high-end soft skills. Operations are guided by a commitment to continuous improvement, evidenced by their Quality Management System adhering to ISO 9001. Their technical capabilities include the use of cutting-edge equipment and the latest construction techniques to achieve high-quality standards. The company also utilizes specialized facilities such as Pre-Engineered Building (PEB) fabrication, Ready Mix Concrete (RMC) production, and advanced machinery like CNC Plasma Cutting.

5. Leadership & Management

Executive Team

Mr. Sanjay Gangadhar Nandan

Position: Director

Professional Background: Mr. Nandan laid the foundation of Ellora, establishing it as a turnkey civil contracting company.

Key Contributions: Founded the company and initiated its journey as a civil contracting entity, establishing its initial reputation and operational framework.

Mr. Mayur Sanjay Nandan

Position: Director and CEO

Professional Background: Mr. Mayur Nandan has been instrumental in evolving the company from its civil contracting roots into a leading EPC solutions provider with a focus on Civil & Infrastructure, taking forward a legacy of over three decades.

Notable Achievements: Awarded as one of the top 10 CEOs in India.

Key Contributions: Spearheaded the company's transformation and growth into a comprehensive EPC provider, significantly expanding its service offerings and market reach.

Recent Leadership Changes

Mr. Mayur Nandan, currently serving as CEO, has taken forward the leadership from Mr. Sanjay Nandan, who founded the company as a turnkey civil contracting entity. This transition signifies a strategic evolution towards a broader EPC solutions focus.

6. Talent and Growth Indicators

Hiring Trends and Workforce

Ellora EPC Private Limited employs a workforce of 271 professionals. The company's impressive financial performance for the financial year 2023, with a revenue growth of 981.58%, profit growth of 1479.74%, EBITDA growth of 1612.68%, net worth growth of 1351.48%, and total assets growth of 782.41%, indicates a strong growth trajectory that likely fuels continuous talent acquisition. The company emphasizes empowering its team and enhancing their quality practices through ongoing training, suggesting a focus on skill development and employee retention.

7. Social Media Presence and Engagement

Digital Footprint

Ellora EPC maintains a digital presence through its official YouTube channel, "Ellora EPC Pvt Ltd". This platform is utilized to share corporate videos, including an "Ellora EPC Private Limited l Corporate A/V l Nashik" video published on February 21, 2024. These videos provide an overview of their diverse projects, esteemed clients, and notable achievements, serving as a medium for brand messaging and showcasing their capabilities.

8. Recognition and Awards

Industry Recognition

Ellora EPC has received significant industry recognition for its commitment to quality, safety, and operational excellence.

Major Awards and Accolades:

Global Safety Award 2022

National Quality Award

National OSH Safety Awards 2023

Certifications: The company is QMS|EMS|OHSAS Certified, underscoring its adherence to international standards for quality, environmental, and occupational health and safety management.

Leadership Recognition: The CEO, Mr. Mayur Nandan, has been honored as one of the top 10 CEOs in India, reflecting the company's strong leadership.