HE
HEC Infra Projects Ltd (HECPROJECT)
₹111.27
Mkt cap
₹130 Cr
P/E ratio
10.30
P/B
1.83
Div yield
0.00%
ROE
21.20%
ROCE
21.40%
EPS (TTM)
₹10.80
Book value
₹61
52W range
92–161
Sector
Industrials
Price history
Previous close
HEC Infra Projects Ltd is an Ahmedabad- based, asset-light EPC contractor providing design, engineering, procurement, installation, testing, commissioning and O&M for the transmission /substations/cabling, water pumping, solar, lighting and ELV systems. Capabilities include projects up to 220-kV switchyards/transmission lines, 66-kV underground cabling, AIS substations, SCADA and associated civil & instrumentation works. [1]
NSE HECPROJECT
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthLow
TechnicalsNeutral
52-week range
−30.67% from high₹111
₹92+20.81% from low₹161
Current
₹111.27
Prev close
₹111.00
Day
+0.24%
Price performance
1D
+0.24%
1W
−1.41%
1M
−8.30%
3M
−16.14%
6M
+13.78%
1Y
−20.61%
YTD
−10.68%
Financials
Revenue, profit & margin
P/E ratio
10.3×
HECPROJECT is 35% below the sector median of 15.8×
HECPROJECT10.3×
Sector median15.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.26 | 15.27 | 17.09 | 28.18 | 18.02 | 20.04 | 27.54 | 46.50 | 27.91 | 40.50 | 57.35 | 50.73 | 31.12 | |
| Expenses | 12.45 | 13.95 | 15.76 | 26.40 | 16.80 | 18.86 | 24.91 | 38.79 | 25.31 | 36.96 | 52.44 | 41.63 | 28.39 | |
| Operating Profit | 0.81 | 1.32 | 1.33 | 1.78 | 1.22 | 1.18 | 2.63 | 7.71 | 2.60 | 3.54 | 4.91 | 9.10 | 2.73 | |
| OPM % | 6.11% | 8.64% | 7.78% | 6.32% | 6.77% | 5.89% | 9.55% | 16.58% | 9.32% | 8.74% | 8.56% | 17.94% | 8.77% | |
| Other Income | 0.09 | 0.08 | 3.01 | 0.18 | 0.23 | 0.70 | 0.25 | 1.01 | 0.01 | 0.32 | 0.42 | 0.79 | 0.29 | |
| Interest | 0.58 | 0.70 | 0.51 | 0.03 | 0.25 | 0.70 | 0.87 | 1.26 | 0.73 | 0.88 | 1.40 | 0.93 | 1.42 | |
| Depreciation | 0.06 | 0.06 | 0.05 | 0.00 | 0.10 | 0.10 | 0.09 | -0.10 | 0.14 | -0.07 | 0.04 | 0.04 | 0.04 | |
| Profit before tax | 0.26 | 0.64 | 3.78 | 1.93 | 1.10 | 1.08 | 1.92 | 7.56 | 1.74 | 3.05 | 3.89 | 8.92 | 1.56 | |
| Tax % | 26.92% | 0.00% | 0.00% | 86.53% | 22.73% | -13.89% | 25.52% | 24.87% | 23.56% | 26.56% | 24.94% | 31.61% | 12.82% | |
| Net Profit | 0.20 | 0.64 | 3.78 | 0.26 | 0.84 | 1.23 | 1.43 | 5.67 | 1.33 | 2.23 | 2.92 | 6.10 | 1.37 | |
| EPS in Rs | 0.20 | 0.63 | 3.73 | 0.26 | 0.83 | 1.21 | 1.41 | 5.23 | 1.23 | 2.06 | 2.69 | 5.63 | 1.26 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −7.81% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 14 Aug '26 |
| Earnings day | −7.81% |
| +1 day | −8.27% |
| +5 days | −11.56% |
| +15 days | −9.13% |
| +30 days | −11.71% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202674.93%Promoter
Promoters74.93%
DIIs0.00%
Public25.07%
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | ₹3,885.00 | 30.34 | 5,34,535 | 0.98% | 4,988 | +13.98% | 67,942 | +6.69% | 14.57% |
| Rail Vikas | ₹214.29 | 49.67 | 44,680 | 0.80% | 160 | +18.46% | 4,321 | +10.55% | 10.80% |
| Kalpataru Proj. | ₹1,445.50 | 22.21 | 24,685 | 0.76% | 312 | +45.15% | 6,408 | +3.84% | 18.28% |
| IRB Infra.Devl. | ₹18.48 | 22.69 | 22,320 | 0.84% | 306 | +51.26% | 2,137 | +1.82% | 7.47% |
| NBCC | ₹82.40 | 32.51 | 22,248 | 1.21% | 158 | +17.18% | 2,260 | −5.51% | 29.32% |
| Cemindia Project | ₹1,263.50 | 36.08 | 21,705 | 0.24% | 141 | +2.62% | 2,721 | +5.61% | 32.76% |
| Central Mine Pla | ₹214.58 | 23.43 | 15,321 | 0.49% | 116 | +53.88% | 481 | +17.62% | 38.06% |
| HEC Infra Proj. | ₹119.77 | 10.29 | 130 | 0.00% | 1 | +3.01% | 31 | +11.50% | 21.42% |
| Median: 116 Co. | ₹137.56 | 15.76 | 747 | 0.00% | 11 | +18.42% | 196 | +12.11% | 15.58% |
Filings
Annual reports11
Concall transcripts9
Credit ratings6
Announcements5
General Updates 18 Sep - Members approved M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for FY 2026-27 to 2030-31.Change in Auditors 18 Sep - Members appointed Kashyap R. Mehta & Partners as Secretarial Auditors for FY2026-27 to FY2030-31.Shareholders meeting 18 Sep - HEC Infra Projects' 21st AGM on 18 Sep 2026 passed five resolutions, including asset mortgage creation.Shareholders meeting 18 Sep - HEC Infra Projects held its 21st AGM on September 18, 2026 via VC/OAVM; five resolutions were transacted.Bagging/Receiving of orders/contracts 31 Aug - HEC Infra Projects won Rs.12.78 crore GETCO work order for 66 kV cable project in Rajkot zone, executable in 24 months.