HEC Infra Projects Financials

NSE: HECPROJECT

₹121.34

₹5.25 (4.52%)

As on 03-Sep-2026 15:31IST

Market cap

₹132 Cr

Revenue (TTM)

₹180 Cr

P/E Ratio

10.4

P/B Ratio

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Revenue	179.70	176.49	112.10	73.79	51.73	43.72
Total Income	181.52	178.03	113.15	77.14	53.08	44.48
Total Expenditure	159.44	156.34	98.15	68.54	48.43	41.09
EBITDA	20.26	20.16	13.95	5.25	3.31	2.64
Depreciation	0.04	0.15	0.14	0.17	0.22	0.24
EBIT	20.22	20.01	13.81	5.09	3.09	2.40
Interest	4.63	3.94	3.16	1.82	3.23	2.60
Other Income	1.82	1.54	1.05	3.35	1.34	0.75
Exceptional Items	--	--	--	--	--	--
Profit before Tax	17.41	17.61	11.70	6.62	1.20	0.56
Provision for Tax	4.80	5.01	2.46	1.90	0.41	0.04
Profit after Tax	12.61	12.60	9.24	4.72	0.79	0.51

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	65.74	65.74	53.14	34.86	30.14	29.36
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	0.46	0.46	0.49	24.77	21.47	22.47
Current Liabilities	69.28	69.28	55.30	19.36	33.18	30.07
Total Liabilities	135.48	135.48	108.92	79.00	84.80	81.90

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	1.24	30.89	31.02	9.37	5.41	5.88
Current Assets	104.59	104.59	77.90	69.63	79.39	76.02
Total Assets	135.48	135.48	108.92	79.00	84.80	81.90
Total Debt*	--	44.38	37.99	30.21	31.30	35.13
Net Current Assets	35.31	35.31	22.61	50.27	46.21	45.95
Contingent Liabilities	--	26.22	27.00	18.63	17.84	8.20

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	3.04	-32.85	6.99	6.91	-3.56
Cash Flow from Investing Activities	--	-5.28	6.88	3.60	0.20	0.26
Cash from Financing Activities	--	2.71	15.41	-2.04	-6.88	1.95
Net Cash Inflow / Outflow	--	0.47	-10.56	8.55	0.22	-1.35

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	11.64	11.63	8.53	4.65	0.78	0.51
Cash EPS (₹)	11.64	11.76	8.66	4.82	0.99	0.74
Adjusted Book Value (₹)	61.92	60.65	49.03	34.39	29.73	28.96
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	--	2.80	-30.31	6.89	6.81	-3.51
Free Cash Flow per Share (₹)	--	-1.70	-30.47	9.19	4.19	-5.54

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	21.41	19.03	13.34	7.04	5.07
ROE (%)	20.60	21.20	21.01	14.51	2.65	1.77
ROA (%)	10.44	10.31	9.84	5.76	0.95	0.62
EBIT Margin (%)	11.25	11.34	12.32	6.89	5.97	5.50
Net Margin (%)	6.95	7.08	8.17	6.11	1.49	1.16
Cash Profit Margin (%)	0.00	7.22	8.37	6.62	1.95	1.71

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	47.32	57.44	51.92	42.63	18.32	16.44
EBIT Growth (%)	45.74	44.91	171.43	64.75	28.44	16.14
Net Profit Growth (%)	30.53	36.33	95.99	498.30	53.22	65.97
EPS Growth (%)	28.10	36.33	83.33	498.26	53.22	66.18
Book Value Growth (%)	--	23.72	52.42	15.65	2.68	1.79

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	10.43	8.25	10.42	14.63	37.36	68.67
Price / Book Value	1.96	1.58	1.81	1.98	0.98	1.20
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	7.25	6.11	8.35	10.19	12.43	19.98
Close Price (₹)	126.85	95.88	88.86	68.05	29.05	34.85
High Price (₹)	173.47	184.10	168.53	105.85	63.40	45.00
Low Price (₹)	92.10	82.01	67.80	27.05	20.30	19.19
Market Cap (₹ Cr)	131.51	103.92	96.30	68.99	29.45	35.33

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	--	0.68	0.72	0.87	1.04	1.20
Short term debt to equity ratio	--	0.67	0.69	0.14	0.27	0.38
Current Ratio	1.51	1.51	1.41	3.60	2.39	2.53
Quick Ratio	0.91	0.91	1.23	3.07	1.92	2.01
Interest Coverage	4.76	5.48	4.70	4.63	1.37	1.21

Operating Efficiency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debtors to sales (%)	14.91	15.18	43.52	20.38	61.84	66.44
Asset Turnover	1.49	1.44	1.19	0.90	0.62	0.53
Receivable days	--	78.15	103.90	116.32	215.34	248.47
Inventory Days	--	53.32	32.32	64.04	110.68	126.98
Payable days	--	53.23	88.50	167.50	315.25	305.87
Cash Conversion Cycle	--	78.24	47.72	12.86	10.77	69.57

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (₹ Cr)