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HEC Infra Projects Ltd (HECPROJECT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: HECPROJECT Engineering - Construction | Small Cap | HEC Infra Projects Share Price

BSE Share Price
Not Listed

HEC Infra Projects Ltd (HECPROJECT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: HECPROJECT Engineering - Construction | Small Cap | HEC Infra Projects Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹139 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹11.6
TTM Sales
₹176 Cr.
Book Value per Share
₹60.7
P/E Ratio
11.02
Lower than its 5-year historical median
Industry PE
31.7
Price to Book (P/B)
2.11
In line with its 5-year historical median
Price to Sales (P/S)
0.79
Lower than its 5-year historical median
EV/EBITDA
7.72
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
21.01%
Outperforms industry median
Return on Capital Employed (ROCE)
19.04%
Outperforms industry median
Return on Assets (ROA)
9.98%
Operating Profit Margin
12.4%
Net Profit Margin
8.25%
Gross Profit Margin
10.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
51.92%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
165.71%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
95.76%
Asset Quality
Promoter Holding
74.93%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹55 Cr.
Equity
₹10.8 Cr.
Face Value
₹10
All Time Low / High
- / -

HEC Infra Projects stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is HEC Infra Projects Ltd a good quality company?
HEC Infra Projects Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does HEC Infra Projects Ltd performance compare with that of its Peers?
Q.1 Revenue growth of HEC Infra Projects Ltd vs industry peers?
HEC Infra Projects Ltd revenue CAGR is 23.37%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of HEC Infra Projects Ltd?
Promoters hold 74.93% of the HEC Infra Projects Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of HEC Infra Projects Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 5.09% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HEC Infra Projects Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 19.2%19.4%17.3%12.1%6.4%4.6%5.1%7%13.3%19%-
Value Creation
Index
0.40.40.2-0.1-0.5-0.7-0.6-0.5-0.10.4-

Growth Parameters

Sales 1168482.680.139.237.643.751.773.8112176
Sales YoY Gr.--27.6%-1.6%-3.1%-51%-4.3%16.4%18.3%42.6%51.9%-
Adj EPS 2.53.13.220.50.30.50.82.58.511.6
YoY Gr.-23.3%3.9%-37%-74%-41.5%61.3%56%219.2%242.2%-
BVPS (₹) 19.822.625.927.628.128.42929.734.44960.7
Adj Net
Profit
2.63.23.32.10.50.30.50.82.59.213
Cash Flow from Ops. -1.710.8-1.8-4.1-4.61.6-3.66.97-26-
Debt/CF from Ops. -10.32.1-14.9-7.1-6.919.1-9.94.54.3-1.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.4%23.4%36.9%51.9%
Adj EPS 14.4%74.3%157.3%242.2%
BVPS10.6%11.7%19.2%42.6%
Share Price - 5.9% 51.6% -27.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
15.814.713.47.61.91.11.82.77.82121.2
Op. Profit
Mgn %
5.79.19.67.686.166.47.112.411.4
Net Profit
Mgn %
2.23.842.61.40.81.21.53.48.27.1
Debt to
Equity
0.91111.11.11.210.90.70
Working Cap
Days
21227032738576376664855436127599
Cash Conv.
Cycle
-16195442128163174173839229

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1168483803938445274112
Operating Expenses + 109767574363541486998
Manufacturing Costs131717151188212843
Material Costs86515251192425233646
Employee Cost 3334433333
Other Costs 8634215137
Operating Profit 78863233514
Operating Profit Margin (%) 5.7%9.1%9.6%7.3%8.0%6.1%6.0%6.4%7.1%12.4%
Other Income + 1111111131
Exceptional Items -0-000000000
Interest 3344333323
Depreciation 0000000000
Profit Before Tax 45531011712
Tax 12210-00022
Profit After Tax 3332101159
PAT Margin (%) 2.2%3.8%4.0%2.4%1.4%0.8%1.2%1.5%6.4%8.3%
Adjusted EPS (₹)2.53.13.31.90.50.30.50.84.78.5
Dividend Payout Ratio (%)8%6.40%6.10%0%0%0%0%0%0%0%

Valuation of HEC Infra Projects - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 20232628292929303553
Share Capital 22222210101011
Reserves 18212426272719202542
Debt +17222628303033292937
Long Term Debt4591316182221250
Short Term Debt131817151511118537
Minority Interest0000000000
Trade Payables28253834262417231012
Others Liabilities 1231122254
Total Liabilities 667292918684828579106

Fixed Assets

Net Fixed Assets +3322222211
Gross Block4444555544
Accumulated Depreciation1222233333
CWIP 0000000000
Investments 0000000000
Inventories5379161516161010
Trade Receivables30334931283029321548
Cash Equivalents 36544433112
Others Assets 25272944363333324146
Total Assets 667292918684828579106

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -211-2-4-52-477-26
PBT 45531011712
Adjustment 33332223-20
Changes in Working Capital -75-8-9-7-1-634-36
Tax Paid -1-2-2-1-00-0-0-2-2
Cash Flow From Investing Activity + 0000000040
Capex -0-0-0-0-0-0-0-030
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity + 2-8234-12-7-217
Net Proceeds from Shares 5000000009
Net Proceeds from Borrowing 0000000000
Interest Paid -3-3-4-4-3-3-3-3-1-1
Dividend Paid 00-0-0000000
Others -0-557715-4-19
Net Cash Flow 03-0-1-10-109-9

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)15.7614.7213.577.21.91.081.772.6514.5121.01
ROCE (%)19.219.417.3412.076.434.645.077.0413.3419.04
Asset Turnover Ratio1.591.221.010.870.440.440.530.620.91.21
PAT to CFO Conversion(x)-0.673.67-0.67-2-5N/A-471.4-2.89
Working Capital Days
Receivable Days89.50138.60181.70181.90274.30284.80248.50215.30116.30101.80
Inventory Days40.4018.6021.7036.80117.10148.80127110.706432.30
Payable Days149.10188.70219.30259.70568.80383.40305.90315.30167.5085

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

HEC Infra Projects Ltd FAQs

The current trading price of HEC Infra Projects on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of HEC Infra Projects stood at ₹138.9 Cr

The latest P/E ratio of HEC Infra Projects as of 31-Dec-1969 is 11.02.

The latest P/B ratio of HEC Infra Projects as of 31-Dec-1969 is 2.11.

The 52-week high of HEC Infra Projects is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HEC Infra Projects is ₹176 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that HEC Infra Projects Ltd is a average quality company.

The key valuation ratios of HEC Infra Projects Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of HEC Infra Projects Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About HEC Infra Projects Ltd

HEC Infra Projects was incorporated on October 06, 2005 as HEC Infra Projects Private Limited. The company was converted into Public Limited Company vide fresh Certificate of Incorporation dated October 01, 2014 issued by Registrar of Companies, Ahmedabad. The company is an Electro-Mechanical Contracting firm undertaking Turn-key as well as EPC Projects. The company is in the field of execution for all kind of Electro - Mechanical contracting work. It possesses all the necessary skills & expertise for all kind of Electro-Mechanical contract work right from L.V. system to 220KV switchyards and from water distribution to automated water pumping stations, complete with engineering, procurement and construction activities. It has associated concerns wherein complete range of L.T. and H.T. Electrical Panel Boards are manufactured.

It provides wide range of services in the field of Electrical Engineering for H.T. and L.T. power installation. It has worked for many projects (upto 220KV) catering across industries such as Steel, Chemical, Cement, Refineries, Petrochemicals, Gas & Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Commercial Centers, Banks, Malls, Multiplexes, Call Centers, Software Park & SEZ. The company has successfully executed different project orders related to Lighting Installation, Computer Networking, Fire Alarm System, Door Access Control, CCTV Control, and Public Address System including Building Management System. Also having wide experience in Mechanical & Instrumentation work related to water management segment including wireless telemetry based centralized SCADA system for monitoring & controlling of different locations.

The company has its own highly skilled, experienced and dedicated team of engineers and technicians, along-with required tools/tackles, machineries for handling any kind of challenging work. It has also established its service network setup fully equipped with required manpower and equipment to cater its client’s requirement of routine troubleshooting.

Business area of the company

HEC is an EPC (Engineering, Procurement and Construction) and SIRC (supply installation Testing & Commission) contractor in the field of Electrical engineering. The company is registered as a Class-I Composite Category with Central Public Works Department (CPWD). It has also been awarded contractor license from Gujarat Energy Transmission Corporation limited (GETCO) as Class - C Contractor and is a registered EPC Contractor with Indian Farmers Fertilizer Cooperative Limited (IFFCO).

 

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