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HEC Infra Projects
NSE: HECPROJECTCEMENT AND CONSTRUCTIONCONSTRUCTION & ENGINEERING
Market Cap
--
P/E Ratio
0.00
P/B Ratio
0.00
ROE
0.00%
ROA
0.00%
Debt/Equity
0.00
Book Value
₹0.0
EPS
₹0.0
About HEC Infra Projects
HEC Infra Projects is mainly engaged in the electrification services.
HEC Infra Projects Limited 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. Promoted by Mr. Gaurang P Shah, HEC Infra is a prominent EPC company specializing in Electro-Mechanical systems, Solar Projects, Lighting, and ELV Systems. The Company is providing projects such as transmission projects, water pumping station, solar, lighting and ELV (extra low voltage) system. It offers integrated solutions and end-to-end services ranging from design, supply, installation and commissioning of overhead transmission lines, substations, underground cable lying, switch yard, water pumping stations, lighting systems, industrial and commercial electrification, solar photovoltaic (PV) plants, battery energy storage system and mini / micro grid solar projects. The Company has worked for many projects (upto 220KV) catering across industries such as Steel, Chemical, Cement, Refineries, Petro- chemicals, Gas & Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Commercial Centers, Banks, Malls, Multiplexes, Call Centers, Software Park & SEZ. The Company also established service network setup fully equipped with required manpower and equipment in routine troubleshooting. In March 2016, the Company made a public issue of 5,38,000 Equity Shares by raising funds aggregating to Rs. 5.39 Crores. During the year 2021, the company implemented the following projects: The company received transmission work including supply, installation testing and commissioning work of switch yard, for Civic Engineering India Private Limited (MG Motor India Private Limited) & supply, laying, erection, testing and commissioning of 66KV Cable laying work of Gujarat Energy Transmission Corporation Limited. It received and executed electro-mechanical & instrumentation works along with operation and comprehensive repair & maintenance work for Ahmedabad Municipal Corporation, HSCC (I) Limited and Ahmedabad Urban Development Authority and MEGA Metro Project, Ahmedabad. The Company executed AC and EC electrification work for 100 MW till 31st March 2021. Company completed work for supply, installation, testing and commissioning project of lighting for Ranjit Buildcon Limited and J Kumar Infra Projects Limited etc. The Company executed project of MEGA -BMS Work, Gujarat Metro Rail Corporation (GMRC) Limited - HVAC, Venus Infrastructure and Developers Pvt. Ltd in FY 2024. During the year 2025, Company executed projects across solar power plants, water infrastructure, highvoltage substations, transmission lines, and industrial electrification, serving both public sector entities such as GETCO, HVPNL, and AMC, as well as private sector leaders like Tata Power Solar and MG Motors. It also commissioned a 60 MW solar plant substation and transmission system for Tata Power Solar Ltd. on July 27, 2024.
Price Action • HECPROJECT
Financial Statements
Consolidated & Standalone Reports
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | Mar '16 | Mar '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 142.9 | 113.15 | 77.14 | 53.08 | 44.49 | 38.27 | 40.09 | 81.09 | 83.41 | 84.71 | 116.76 | 125.65 |
Operating Expenses | 124.75 | 98.15 | 68.53 | 48.43 | 41.09 | 35.26 | 36.09 | 74.2 | 74.69 | 76.33 | 109.36 | 118.71 |
Operating Profit | 17.69 | 13.95 | 5.26 | 3.31 | 2.64 | 2.3 | 3.14 | 5.88 | 7.94 | 7.66 | 6.59 | 6.3 |
Operating Margin (%) | - | 12.32 | 6.82 | 6.23 | 5.93 | 6.01 | 7.83 | 7.25 | 9.52 | 9.05 | 5.65 | 5.01 |
Total Expenses | - | 101.45 | 70.52 | 51.87 | 43.93 | 38.11 | 39.34 | 78.56 | 78.57 | 79.86 | 112.81 | 121.96 |
EBITDA | - | 15 | 8.61 | 4.65 | 3.4 | 3.01 | 3.99 | 6.89 | 8.72 | 8.37 | 7.4 | 6.93 |
EBITDA Margin (%) | - | 13.25 | 11.16 | 8.76 | 7.64 | 7.87 | 9.96 | 8.49 | 10.45 | 9.88 | 6.34 | 5.52 |
Interest Expenses | 3.82 | 3.16 | 1.82 | 3.23 | 2.6 | 2.62 | 2.99 | 4.05 | 3.56 | 3.21 | 3.13 | 2.87 |
Depreciation | 0.06 | 0.14 | 0.17 | 0.22 | 0.24 | 0.23 | 0.25 | 0.31 | 0.31 | 0.32 | 0.32 | 0.37 |
Profit Before Tax (PBT) | 14.26 | 11.7 | 6.62 | 1.2 | 0.56 | 0.16 | 0.75 | 2.53 | 4.93 | 4.84 | 3.95 | 3.69 |
Tax Expenses | 3.6 | 2.46 | 1.9 | 0.41 | 0.05 | 0.03 | 0.21 | 0.57 | 1.59 | 1.68 | 1.39 | 1.2 |
PAT Before Extraordinary Items | - | 9.24 | 4.72 | 0.79 | 0.51 | 0.13 | 0.54 | 1.95 | 3.34 | 3.16 | 2.56 | 2.49 |
Net Profit | 10.67 | 9.24 | 4.72 | 0.79 | 0.51 | 0.31 | 0.54 | 1.95 | 3.34 | 3.16 | 2.55 | 2.47 |
Net Profit Margin (%) | - | 8.24 | 6.39 | 1.52 | 1.16 | 0.82 | 1.37 | 2.43 | 4.04 | 3.76 | 2.19 | 1.97 |
EPS (Adjusted) | - | 8.53 | 4.35 | 0.73 | 0.47 | 0.29 | 0.5 | 1.8 | 3.08 | 2.92 | 2.35 | 2.28 |
Valuation & Key Ratios
Performance Metrics
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | Mar '16 | Mar '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Book Value Per Share | - | 49.03 | 34.39 | 29.73 | 28.95 | 142.24 | 140.72 | 138.06 | 129.63 | 113.15 | 98.76 | 82.82 |
Return on Assets (ROA) % | - | 8.7 | 5.97 | 0.92 | 0.62 | 0.36 | 0.62 | 2.14 | 3.61 | 4.41 | 3.85 | 3.1 |
Return on Equity (ROE) % | - | 17.39 | 13.52 | 2.61 | 1.73 | 1.07 | 1.88 | 6.97 | 12.71 | 13.78 | 12.73 | 20.04 |
Return on Capital Employed (ROCE) % | - | 27.7 | 14.03 | 8.58 | 6.09 | 5.87 | 8.39 | 16.11 | 23.53 | 28.52 | 28.81 | 37.62 |
Profitability Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Liquidity Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Valuation Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to Equity Ratio | - | 0.71 | 0.87 | 0.98 | 1.14 | 1.03 | 1.07 | 0.99 | 0.98 | 0.98 | 0.86 | 1.87 |
Featured Insight
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Key People
M
Mr. Arvindkumar Patel
Chief Financial Officer
K
Khushi Bhatt.
Company Secretary,Compliance Officer