We aim to become leader in engineering and construction sectors: Ashish Parikh, Business Head, Shiva Engineering Services

Secured orders of a planned capex exceeding over Rs. 2,000 crore and projects are progressing as per schedule

  • August 02, 2024

An overview of the core services offered by Shiva Engineering Services?

Shiva Engineering Services (SES) is proud to be recognized as one of India’s premier engineering and construction service providers. Our core focus lies in delivering end-to-end solutions across a diverse range of industries, including chemicals, specialty chemicals, agrochemicals, inks & adhesives, paints, pigments, food processing, FMCG, polymers, biofuels, and more.

From the conceptual stage till the plant commissioning, we offer a full spectrum of services, encompassing engineering, procurement, and construction. Our expertise begins with providing support for Front-End Engineering Design (FEED), cost estimation, basic and detailed engineering, procurement, and fabrication, construction and installation and extends till commissioning of the plant.

At SES, we differentiate ourselves by integrating cutting-edge solutions such as Laser Scanning and Drone Surveys into our projects. These technologies enable us to achieve unparalleled levels of accuracy while significantly reducing project timelines and costs. Our commitment to innovation ensures that we consistently meet and exceed the evolving needs of our clients.

How has the overall performance been for Shiva Engineering Services in 2023 -24 and what is the expectation from 2024-25? 

In FY 2023-24, Shiva Engineering Services (SES) experienced robust performance across various metrics, reflecting our commitment to excellence and client satisfaction. Despite the challenges posed by the global economic landscape, we maintained steady growth and delivered outstanding results in terms of project execution, client engagement, and financial performance.

Additionally, SES's international presence was strengthened as we were awarded multiple projects by leading conglomerates for their expansions outside of India. These achievements highlight our growing reputation as a trusted partner for global engineering and construction solutions.

Looking ahead to FY 2024-25, we are poised for even greater success. Building upon the momentum of the previous year, our strategic priorities include further expansion into emerging markets, diversification of our service offerings, and continued investment in technology and talent. We aim to capitalize on new opportunities, enhance operational efficiency, and strengthen our position as a leader in the engineering and construction sector.

Furthermore, SES remains committed to sustainability and environmental stewardship, integrating eco-friendly practices into our operations, and supporting our clients' sustainability goals. By embracing innovation, fostering strategic partnerships, and staying attuned to market dynamics, we are confident in our ability to achieve sustained growth and deliver exceptional value in the upcoming fiscal year and beyond.

What is the total number of orders received by Shiva Engineering Services in 2023 and what is the worth of these orders? What is the execution status of these orders?

In 2023, Shiva Engineering Services achieved remarkable success by securing a substantial number of orders, which reflects the trust and confidence placed in our capabilities by our valued clients. Our efforts resulted in securing orders with a planned capex exceeding 2000+ crores, encompassing both repeated and new customer bases, where we provide EPCM services to clients, within India and internationally. These achievements underscore SES's commitment to expanding our global footprint and penetrating new markets. By enhancing our capabilities and increasing our global reach, we were able to capitalize on emerging opportunities and solidify our position as a preferred partner for engineering and construction solutions. These orders signify a significant mutual trust and commitment between ourselves and our clients towards successful project execution, delivering excellence that exceeds expectations.

Regarding the execution status of these orders, we are pleased to report that a substantial portion of these projects has been successfully initiated and is progressing according to schedule. Our dedicated project management teams, skilled workforce, and robust infrastructure have played pivotal roles in ensuring the timely and efficient execution of these projects. While some projects are still in the early stages, we remain fully committed to delivering on our promises and meeting our clients' expectations. SES's track record of on-time delivery and adherence to project timelines continues to be a hallmark of our service excellence.

Moving forward, we are determined to build upon this success and further strengthen our position as a leader in the engineering and construction industry, both domestically and internationally.

How does Shiva Engineering Services differentiate itself from competitors in the industry?

At SES, we differentiate ourselves in the industry through a combination of comprehensive services, technical expertise, diverse field experience and a commitment to innovation and client satisfaction.

As a one-stop-solution engineering and construction services company, SES offers holistic approach to the project, providing seamless experience to the client. Our multidisciplinary in-house team of over 200+ engineers across Process, Mechanical, Civil Structural & Architectural, Electrical, Instrumentation and Control, Project Management collaborate closely throughout every stage of the project, ensuring optimal results and client success. SES's commitment to technology-driven decision-making sets us apart.

We leverage world-class software and tools for process simulation, engineering calculations, 3D modelling, and more, to achieve greater levels of accuracy in shorter timeframes. Integration of cutting-edge technologies such as Laser Scanning further enhances our capabilities, allowing us to achieve unparalleled levels of accuracy while significantly reducing project timelines and costs. Our commitment to innovation ensures that we consistently meet and exceed the evolving needs of our clients.

Are there any plans for expansion, either in terms of geographical reach or service offerings, in the near future?

Yes, indeed. We are currently strategizing expansion initiatives both in terms of geographical reach and service offerings. Soon, we plan to increase our manpower to enhance our capacity for serving a wider range of clients and projects. Additionally, we aim to expand our geographical footprint beyond India to cater to international markets.

While we already have a strong presence and working experience in over 20 states in India, we are also looking to leverage our expertise and experience to enter new markets abroad. With a successful track record in over 10 countries across the globe, we are confident in our ability to adapt and thrive in diverse international environments.

Expanding our reach both domestically and internationally aligns with our vision of becoming a leader in engineering and construction services. By broadening our horizons and diversifying our client base, we aim to strengthen our position as a trusted partner for delivering excellence in projects worldwide.

What sort of investment have you planned for the expansion?

As part of our expansion plans, we are committed to making necessary investments to support our growth trajectory. Our focus is on strategic investments aimed at expanding our operations, enhancing capabilities, and better serving our clients. These investments will enable us to grow exponentially in terms of both geographical reach and service offerings, positioning us for long-term success.

How does Shiva Engineering Services prioritize customer satisfaction and maintain strong client relationships?

We are 100% dedicated to our customers’ success. We believe in prioritizing customer satisfaction and maintaining strong client relationships at the core ethos of our business. We achieve this by placing constant communication and responsiveness, ensuring that we are always available to our client to answer their concerns promptly. Furthermore, we tailor our solutions to meet the unique requirements of each client, offering personalized attention and customized strategies to deliver results that align with their goals and objectives. We tailor our solutions to meet the unique requirements of each client, offering personalized attention and customized strategies to deliver results that align with their goals and objectives.

Can you discuss any specific initiatives or programs implemented by the company to emphasize sustainability and minimize environmental impact?

At SES, we are committed to sustainability and minimizing our environmental impact through concrete initiatives and programs. We have started several awareness programmes for our employees to reduce the use of plastics and paper in day-to-day operations.

To achieve our goal of Zero-Use plastic, we have implemented measures such as replacing single-use plastic with sustainable alternatives. Additionally, we are actively exploring solutions to further eliminate plastic from our operations and supply chain. In parallel to reduce the use of papers we are implementing digitalization strategies across our organization including transitioning to electronic documentation and communication systems. By proactively addressing environmental challenges and embracing eco-friendly practices, we are working towards a greener, more sustainable future.

Where do you see Shiva Engineering Services five years down the line?

In five years, we aim to envision SES as one of global engineering and construction services partner from India, renowned for its innovation, excellence, and commitment to sustainability. Our strategic roadmap includes expanding our geographical reach, diversifying our service offerings, and further enhancing our technological capabilities.

We look forward to solidifying our position as a preferred partner for clients across various industries, both domestically and internationally. Through strategic investments in talent acquisition, technology, and infrastructure, we seek to strengthen our competitive edge and deliver even greater success stories to our clients.

Upcoming E-conferences

Startups

Chemical

Petrochemical

Energy

Digitization