HECPROJECT · NSE
HEC Infra Projects Limited
₹115.66
+0.21% (+₹0.24)
Prev. close
₹115.42
Volume
3,768
Delivery %
87.4%
As of
24 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About HEC Infra Projects Limited
HEC Infra Projects Limited provides engineering, procurement, and construction for electro-mechanical projects in India. The company offers end-to-end services, such as design, supply, installation, and commissioning of overhead transmission lines, substations, underground cable lying, switchyard, water pumping stations, lighting systems, industrial and commercial electrification, solar PV plants, battery energy storage system, and mini/micro grid solar projects. It serves steel, chemical, cement, refineries, petrochemicals, gas and oil sector, textile, pharmaceuticals, power-generation plants, ports, commercial centers, banks, malls, multiplexes, call centers, software park, and SEZ industries. HEC Infra Projects Limited was founded in 1986 and is based in Ahmedabad, India.
Details
Sector
Industrials
Industry
Engineering & Construction
CEO
Mr. Gaurang Parmananddas Shah
Headquarters
Ahmedabad
Employees
77
Website
hecprojects.inExchange
View on NSE ↗Key stats
Market cap
₹125.35 Cr
P/E ratio (TTM)
9.9
EPS (TTM)
₹11.66
Beta (1Y · daily vs NIFTY 50)
1.44
Beta (5Y · monthly vs NIFTY 50)
1.62
Shares float
20.08 L
EPS · quarter ended Jun 2026
₹1.26
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹43.72 Cr | ₹51.73 Cr | ₹73.79 Cr | ₹112.10 Cr | ₹176.49 Cr | |
| EBITDA | — | ₹3.39 Cr | ₹2.26 Cr | ₹7.60 Cr | ₹15.00 Cr | ₹21.70 Cr |
| ₹31.00 L | ₹51.45 L | ₹78.83 L | ₹4.82 Cr | ₹9.24 Cr | ₹12.60 Cr | |
| Diluted EPS | — | ₹0.51 | ₹0.78 | ₹4.65 | ₹9.08 | ₹11.63 |
Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹84.00 Cr | ₹82.00 Cr | ₹85.00 Cr | ₹79.00 Cr | ₹106.00 Cr | ₹135.00 Cr | |
| — | — | ₹31.30 Cr | ₹30.21 Cr | ₹37.99 Cr | ₹44.38 Cr | |
| Stockholders' equity | ₹29.00 Cr | ₹29.00 Cr | ₹30.00 Cr | ₹35.00 Cr | ₹53.00 Cr | ₹66.00 Cr |
Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹-3.56 Cr | ₹6.91 Cr | ₹7.04 Cr | ₹-32.85 Cr | ₹3.04 Cr | |
| Investing cash flow | — | ₹25.80 L | ₹19.68 L | ₹3.60 Cr | ₹6.87 Cr | ₹-5.28 Cr |
| — | ₹1.95 Cr | ₹-6.88 Cr | ₹-2.09 Cr | ₹15.52 Cr | ₹2.71 Cr | |
| Capital expenditure | — | ₹-8.46 L | ₹-12.58 L | ₹-92,000 | — | ₹-6.88 L |
| End cash position | — | ₹2.72 Cr | ₹2.94 Cr | ₹11.49 Cr | ₹93.00 L | ₹1.40 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Oct 21(2Q) | Dec 21–Mar 22(2Q) | Jun 22–Dec 24(11Q) | Mar 25–Jun 26(7Q) |
|---|---|---|---|---|
| Promoter | 73.41% | 73.20% | 73.20% | 74.93% |
| Public | 26.59% | 26.79% | 26.80% | 25.07% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.41 L Cr | ₹3,858.4 | 32.6 | 4.95 | 14.7% | 1.15 | +11.8% | +5.0% |
| Adani Ports and Special Economic Zone Limited | ₹4.16 L Cr | ₹1,785.3 | 30.7 | 4.33 | 13.3% | 0.66 | +27.1% | +24.7% |
| Hindustan Aeronautics Limited | ₹3.23 L Cr | ₹4,774.2 | 34.5 | 7.88 | 22.2% | 0.00 | +5.6% | +1.1% |
| Bharat Electronics Limited | ₹2.90 L Cr | ₹392 | 47.4 | 12.07 | 25.3% | 0.00 | +15.9% | -0.9% |
| InterGlobe Aviation Limited | ₹1.91 L Cr | ₹4,890 | — | 27.45 | -34.3% | 11.15 | +6.6% | -14.0% |
| ABB India Limited | ₹1.51 L Cr | ₹7,129 | 95.2 | 19.25 | 21.3% | 0.01 | +8.1% | +36.1% |
| Bharat Heavy Electricals Limited | ₹1.47 L Cr | ₹415.35 | 61.7 | 5.63 | 6.1% | 0.31 | +18.3% | +76.0% |
| CG Power and Industrial Solutions Limited | ₹1.41 L Cr | ₹886.7 | 113.6 | 17.69 | 15.1% | 0.01 | +25.1% | +15.1% |
| Cummins India Limited | ₹1.39 L Cr | ₹4,973 | 58.7 | 16.39 | 27.9% | 0.00 | +16.9% | +24.7% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹30,715 | 120.9 | 26.82 | 19.1% | 0.02 | +27.2% | +61.7% |
| Siemens Limited | ₹1.38 L Cr | ₹3,841.8 | 81.9 | 10.46 | 15.9% | 0.01 | +16.2% | +20.0% |
| HEC Infra Projects Limited | ₹125.09 Cr | ₹115.66 | 9.9 | 1.90 | 19.2% | 0.68 | +57.4% | -18.7% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
HEC Infra Projects Q2 Results FY27 Preview: Results Date, Expectations and the Numbers That Will Decide the September 2026 Quarter
Univest · 7 days ago