HEC Infra Projects Limited HECPROJECT NSEINFRA
Company Overview
HEC Infra Projects Limited operates as an engineering, procurement, and construction (EPC) contractor for electro-mechanical and instrumentation projects in India. The company offers services for transmission and substation projects, water management systems, smart lighting systems, public address systems, solar rooftops and power plants, building management systems, and air conditioning systems, as well as fire, security, and nurse calling systems; and electrification services. It serves the engineering and allied industries; textile, glass, and cement industries; chemical, pharmaceutical, and food products; steel and non-ferrous industries; petrochemical, refineries, and gas and oil sectors; commercial projects; dairy and allied industries; paint industry; hospitals; airports; real-estate developments; and utilities. HEC Infra Projects Limited was incorporated in 2005 and is based in Ahmedabad, India.
Why Investors Should Care
Generates a return on equity of 19.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 32.5%.
Net profit has compounded at 151.9% per year over the last five years.
Revenue has grown at a 50.5% CAGR over the past five years.
Trades at a P/E of 14.3, below the sector median of 29.6.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹176.49 Cr (+57.4% YoY); net profit ₹12.60 Cr.
- Trailing 12 Months Year-on-year growth — revenue +57.4%, earnings +36.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 50.5%, profit CAGR 151.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 50.54% |
| 1 Year: | 57.44% |
Compounded Profit Growth
| 5 Years: | 151.91% |
| 1 Year: | 36.33% |
Stock Price Performance
| 1 Year: | -16.21% |
| 6 Months: | +10.31% |
| 3 Months: | -13.39% |
| 1 Month: | +6.85% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)50.08 · Neutral
P/E of 14.31 is below the sector median of 29.60 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 32.5%.
- Compounding revenue at 50.5% over 5 years.
- Profit CAGR of 151.9% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HECPROJECT HEC Infra Projects Limited NSEINFRA | 129.96 | 14.31 | ₹140.85 Cr | 0.00% | 32.55% | 19.17% | 50.54% | 151.91% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 46.50 Cr | 27.91 Cr | 40.50 Cr | 57.35 Cr | 50.73 Cr |
| Cost of Revenue | - | - | 34.73 Cr | 8.62 Cr | 27.80 Cr | 35.98 Cr | 39.84 Cr |
| Gross Profit | - | - | 11.76 Cr | 19.28 Cr | 12.70 Cr | 21.37 Cr | 10.89 Cr |
| Operating Expenses | - | - | 3.96 Cr | 16.82 Cr | 9.10 Cr | 16.51 Cr | 1.83 Cr |
| Operating Income | - | - | 7.80 Cr | 2.46 Cr | 3.60 Cr | 4.86 Cr | 9.06 Cr |
| EBITDA | - | - | 8.81 Cr | 2.61 Cr | 3.93 Cr | 5.32 Cr | 9.88 Cr |
| Interest Expense | - | - | 1.26 Cr | 72.60 L | 88.10 L | 1.40 Cr | 92.95 L |
| Pretax Income | - | - | 7.56 Cr | 1.74 Cr | 3.05 Cr | 3.88 Cr | 8.92 Cr |
| Tax Provision | - | - | 1.88 Cr | 41.09 L | 81.50 L | 96.58 L | 2.82 Cr |
| Net Income | - | - | 5.67 Cr | 1.33 Cr | 2.23 Cr | 2.92 Cr | 6.10 Cr |
| Diluted EPS | - | - | 5.58 | 1.23 | 2.06 | 2.69 | 5.63 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 51.73 Cr | 73.79 Cr | 112.10 Cr | 176.49 Cr |
| Cost of Revenue | - | 23.36 Cr | 35.72 Cr | 90.74 Cr | 150.38 Cr |
| Gross Profit | - | 28.38 Cr | 38.07 Cr | 21.36 Cr | 26.11 Cr |
| Operating Expenses | - | 25.29 Cr | 32.59 Cr | 7.55 Cr | 6.11 Cr |
| Operating Income | - | 3.09 Cr | 5.48 Cr | 13.81 Cr | 20.01 Cr |
| EBITDA | - | 2.26 Cr | 7.60 Cr | 15.00 Cr | 21.70 Cr |
| Interest Expense | - | 83.42 L | 81.79 L | 3.16 Cr | 3.94 Cr |
| Pretax Income | - | 1.20 Cr | 6.62 Cr | 11.70 Cr | 17.61 Cr |
| Tax Provision | - | 41.47 L | 1.90 Cr | 2.46 Cr | 5.01 Cr |
| Net Income | - | 78.83 L | 4.72 Cr | 9.24 Cr | 12.60 Cr |
| Diluted EPS | 0.51 | 0.78 | 4.65 | 9.08 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 84.80 Cr | 79.00 Cr | 106.16 Cr | 135.48 Cr |
| Current Assets | - | 79.39 Cr | 69.63 Cr | 68.19 Cr | 104.59 Cr |
| Cash & Equivalents | - | 6.91 L | 1.43 Cr | 22.48 L | 1.40 Cr |
| Inventory | - | 15.79 Cr | 10.10 Cr | 9.75 Cr | 41.82 Cr |
| Receivables | - | 31.99 Cr | 15.04 Cr | 48.04 Cr | 26.80 Cr |
| Total Liabilities | - | 54.65 Cr | 44.13 Cr | 53.02 Cr | 69.74 Cr |
| Current Liabilities | - | 33.18 Cr | 19.36 Cr | 52.53 Cr | 69.28 Cr |
| Long Term Debt | - | 21.26 Cr | 24.62 Cr | 32.10 L | 0 |
| Total Debt | - | 31.30 Cr | 30.21 Cr | 37.89 Cr | 44.38 Cr |
| Total Equity | - | 30.14 Cr | 34.86 Cr | 53.14 Cr | 65.74 Cr |
| Shares Outstanding | - | 1.01 Cr | 1.01 Cr | 1.08 Cr | 1.08 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 6.91 Cr | 6.99 Cr | -32.85 Cr | 3.04 Cr |
| Investing Cash Flow | - | 19.68 L | 3.60 Cr | 6.87 Cr | -5.28 Cr |
| Financing Cash Flow | - | -6.88 Cr | -2.04 Cr | 15.41 Cr | 2.71 Cr |
| Capital Expenditure | -8.46 L | -12.58 L | -92,000 | - | -6.88 L |
| Free Cash Flow | - | 6.78 Cr | 6.98 Cr | -32.85 Cr | 2.98 Cr |
| Net Change in Cash | - | 22.06 L | 8.55 Cr | -10.56 Cr | 47.01 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 54.9% | 51.6% | 19.1% | 14.8% |
| Operating Margin % | - | 6.0% | 7.4% | 12.3% | 11.3% |
| Net Margin % | - | 1.5% | 6.4% | 8.2% | 7.1% |
| ROE % | - | 2.6% | 13.5% | 17.4% | 19.2% |
| ROCE % | - | 6.0% | 9.2% | 25.7% | 30.2% |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HECPROJECT
Concerns Surrounding HEC Infra Projects' (NSE:HECPROJECT) Performance - simplywall.st
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HEC Infra Bags ₹18.67 Crore EPC Order; Shares Edge Higher - HDFC Sky
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This HEC Infra Projects Insider Increased Their Holding By 6,040% Last Year - simplywall.st
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HEC Infra Projects closes trading window ahead of Q1FY27 results - scanx.trade
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HEC Infra Projects Ltd. Share Price Today - HEC Infra Projects Ltd. Stock Price Live NSE/BSE - CNBC TV18
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HEC Infra Projects Bags ₹48 Crore BPCL Order; Shares Jump 7% - HDFC Sky
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HECPROJECT — Frequently Asked Questions
What is the current share price of HEC Infra Projects Limited (HECPROJECT)?
As of 2026-07-15 09:52 IST, HEC Infra Projects Limited (HECPROJECT) trades at ₹129.96 on NSE. Its 52-week range is ₹95.88 to ₹168.90.
What is the market capitalisation of HECPROJECT?
HEC Infra Projects Limited (HECPROJECT) has a market capitalisation of ₹140.85 Cr on NSE.
What is the P/E ratio of HECPROJECT?
HECPROJECT trades at a trailing price-to-earnings (P/E) ratio of 14.31. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 2.12.
What is the return on equity (ROE) of HECPROJECT?
HECPROJECT has a return on equity (ROE) of 19.17%. Its return on capital employed (ROCE) is 32.55%.
Is HECPROJECT a good stock to buy?
This page provides a data-driven analysis of HEC Infra Projects Limited (HECPROJECT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.