Hindustan Construction Company
Hindustan Construction Company Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Hindustan Construction Company Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Hindustan Construction Company Ltd trades at a P/E of 31.21× and P/B of 2.40×.
Valuation
Profitability
Growth
Financial Health
Hindustan Construction Company Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Hindustan Construction Company Ltd, switchable between annual and quarterly views, consolidated or standalone.
Hindustan Construction Company Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹6,265.77 Cr and reported EPS of ₹0.75.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 10,132 | 10,322 | 9,437 | 8,248 | 10,670 | 9,857 | 7,007 | 5,603 | 3,970 |
| Other Income | 56 | 75 | 85 | 87 | 152 | 56 | 133 | 123 | 111 |
| Total Income | 10,189 | 10,397 | 9,522 | 8,335 | 10,822 | 9,912 | 7,139 | 5,727 | 4,081 |
| Cost of Goods Sold (COGS) | 1,124 | 815 | 850 | 509 | 848 | 999 | 872 | 901 | 527 |
| Gross Profit | 9,009 | 9,506 | 8,587 | 7,739 | 9,822 | 8,858 | 6,135 | 4,702 | 3,443 |
| +Operating Expenses | 8,239 | 8,742 | 7,750 | 7,348 | 8,629 | 8,281 | 5,463 | 3,908 | 2,878 |
| EBITDA | 770 | 764 | 837 | 391 | 1,193 | 577 | 671 | 794 | 565 |
| +Non-Operating Expenses | 1,567 | 458 | 1,190 | 863 | 1,275 | 1,551 | 1,769 | 1,293 | 535 |
| Profit Before Tax (PBT) | -1,061 | -674 | 174 | -933 | 282 | -99 | 736 | 683 | 217 |
| +Tax Expense | -10 | -484 | 165 | -257 | 86 | -62 | 248 | 411 | 57 |
| Profit After Tax (PAT) | -1,090 | -341 | 197 | -610 | 400 | -28 | 478 | 113 | 166 |
| Earnings Per Share (EPS) | -4.51 | -1.41 | 0.81 | -2.52 | 1.65 | -0.12 | 1.98 | 0.43 | 0.63 |
| Diluted Shares Outstanding (Nos.) | 242 | 242 | 242 | 242 | 242 | 242 | 242 | 262 | 262 |
| +Additional Disclosures | 12,168 | 11,051 | 10,561 | 9,627 | 11,783 | 11,402 | 8,184 | 6,366 | 4,514 |
| Sales Growth % | — | 1.87 | -8.57 | -12.60 | 29.35 | -7.62 | -28.91 | -20.03 | -29.16 |
| YoY Sales Growth % | — | 1.87 | -8.57 | -12.60 | 29.35 | -7.62 | -28.91 | -20.03 | -29.16 |
| Material Cost % | 11 | 8 | 7 | 6 | 8 | 10 | 12 | 10 | 13 |
| Employee Cost % | 10 | 10 | 10 | 12 | 9 | 8 | 9 | 9 | 9 |
| Other Cost % | 71 | 75 | 72 | 78 | 72 | 76 | 69 | 61 | 64 |
| OPM % | 8 | 7 | 9 | 5 | 11 | 6 | 10 | 14 | 14 |
| Tax % | 1 | 72 | 95 | 28 | 31 | 63 | 34 | 60 | 26 |
| Profit Growth % | — | 68.70 | 157.76 | -409.61 | 165.50 | -106.97 | 1,817.53 | -76.45 | 46.96 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 568 | 586 | 685 | 256 | 1,054 | 448 | 566 | 630 | 538 |
Hindustan Construction Company segment analysis: revenue and profit mix.
Disclosed business segments at Hindustan Construction Company with their share of revenue and profit, switchable between consolidated and standalone reporting.
Hindustan Construction Company discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Hindustan Construction Company Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Hindustan Construction Company Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Hindustan Construction Company Ltd's investment case rests on 6 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
HCC's Return on Capital Employed (ROCE) is a healthy 25.20%, showcasing efficient capital utilization and operational prowess, despite recent profit fluctuations. This suggests underlying operational strength.
Despite a negative ROE of -0.70%, HCC's quarterly profit showed a massive 2162% surge, hinting at a potential business turnaround and improved profitability in the near future.
The company's price-to-book value ratio of 5.83 suggests undervaluation relative to its net asset value, potentially presenting a compelling investment opportunity for risk-tolerant investors.
HCC operates within the expanding Civil Construction sector, a market characterized by consistent demand and significant potential for future growth. This provides a strong foundation for expansion.
The substantial increase in quarterly profit variation (2162%) suggests a potential for a significant turnaround. Capitalizing on this momentum could lead to substantial future growth.
What can break it.
HCC's Return on Equity (ROE) is a concerning -0.70%, indicating that the company is not generating sufficient returns on shareholder investments. This needs immediate attention.
The company's high debt-to-equity ratio of 1.85 signifies substantial financial leverage, increasing vulnerability to economic downturns and interest rate fluctuations. This is a major risk factor.
Promoter holding has significantly dropped from 32.56% in 2022-06-01 to 16.72% in 2025-09-01, raising concerns about management commitment and potential future share dilution.
HCC experienced a significant quarterly sales decline of -39.90%, indicating potential challenges in revenue generation and market demand, which could impact future financial performance.
The company reported a negative profit after tax of -50.8, highlighting ongoing profitability issues that could erode shareholder value and hinder long-term financial stability.
What would change my mind.
Trim if P/E re-rates above 41. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 48.41. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Hindustan Construction Company Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Hindustan Construction Company Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Hindustan Construction Company Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Hindustan Construction Company Ltd — derived from the live tape, not yesterday's close.
Hindustan Construction Company Ltd last traded at ₹23.87 with an intraday range of ₹23.76–₹25 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹23.87| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 27.14 | +3.27 | +13.70% |
| R3 | 25.90 | +2.03 | +8.50% |
| R2 | 25.45 | +1.58 | +6.62% |
| R1 | 24.66 | +0.79 | +3.31% |
| PIVOT | 24.21 | 0.34 | 1.42% |
| CURRENT | 23.87 | — | — |
| S1 | 20.94 | -2.93 | -12.27% |
| S2 | 22.18 | -1.69 | -7.08% |
| S3 | 22.97 | -0.90 | -3.77% |
| S4 | 23.42 | -0.45 | -1.89% |
HCC is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 23.96 ~ 24.25
Trading Above opening range, showing Bullishness
Hindustan Construction Company Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Hindustan Construction Company Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Hindustan Construction Company Ltd stood at 36.2% of traded volume, against a 20-day average of 34.8%.
Hindustan Construction Company announcements: results, concalls, ratings, M&A.
Filings Hindustan Construction Company sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Hindustan Construction Company files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 116 documents below.
Press Release
Hindustan Construction Company Limited has informed the Exchange regarding a press release dated Jun 05, 2026, titled "HCC wins Rs.127 crore Bhutan…
Demise
Hindustan Construction Company Limited has informed the Exchange regarding Demise of Mr Mahendra Singh Mehta, Non- Executive Independent Director of…
Analysts/Institutional Investor Meet/Con. Call Updates
Hindustan Construction Company Limited has informed the Exchange about Transcript
Copy of Newspaper Publication
Hindustan Construction Company Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
Hindustan Construction Company Limited has informed the Exchange about Copy of Newspaper Publication
Investor decks & rating reports.
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Investor Presentation
Credit Rating
Credit Rating
Credit Rating
Credit Rating
Credit Rating
Credit Rating
Hindustan Construction Company dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Hindustan Construction Company has declared, sequenced by announce and record date.
Hindustan Construction Company corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Hindustan Construction Company Ltd: business, sector, key facts.
What Hindustan Construction Company Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Hindustan Construction Company Ltd operates in the Industrials, listed as NSE: HCC, BSE: 500185.
Hindustan Construction Company Limited (HCC) is a major player in the Indian engineering and construction sector, with a significant international presence. Its core business revolves around the design and construction of a wide array of infrastructure projects, spanning various sectors. This includes substantial involvement in transportation infrastructure, such as roads, highways, expressways, bridges, railways, and metro rail systems, as well as port and marine structure development.
Beyond transportation, HCC's expertise extends to the construction of water management systems, encompassing integrated water supply networks, bulk water transmission projects, dams, barrages, irrigation systems, and water and sewage treatment plants. The company also undertakes significant projects in the energy sector, constructing powerhouses, dams, and related infrastructure, including components like tunnels and underground works. Their portfolio also includes the construction of nuclear power plant structures, encompassing reactors and associated buildings.
HCC’s capabilities also reach into the industrial and building sectors. They construct hydrocarbon, metals, and process plants and factories, alongside residential, commercial, and institutional buildings. This diverse range of projects showcases the company’s versatility and capacity to undertake large-scale and complex undertakings across multiple disciplines.
In addition to its core construction business, HCC offers ancillary services to further enhance its offerings and revenue streams. These include toll management for road projects, insurance auxiliary services related to project risk management and claim handling, real estate development, and information technology consulting. The scope of these additional services demonstrates a strategic effort by HCC to diversify its revenue base and create a more comprehensive and integrated service offering to clients.
Questions investors ask about Hindustan Construction Company Ltd (HCC).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Hindustan Construction Company Ltd (HCC)?
The current share price of Hindustan Construction Company Ltd (HCC) is ₹23.87. Today, the stock has gained by ₹0.50 (2.14%), trading in a range of ₹23.76 to ₹25. The stock opened at ₹24.01 with a trading volume of 5,10,73,742 shares.
02Is Hindustan Construction Company Ltd stock a good investment for long-term?
Hindustan Construction Company Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹6,265.77 crores, P/E ratio of 31.21, ROE of 10.92%, and ROCE of 25.20%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Hindustan Construction Company Ltd stock?
The 52-week high price of Hindustan Construction Company Ltd (HCC) is ₹33.36, while the 52-week low is ₹13.65. Currently trading at ₹23.87, the stock is 51.9% away from its 52-week low and 28.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Hindustan Construction Company Ltd stock at the current price?
Whether to buy Hindustan Construction Company Ltd stock at ₹23.87 depends on multiple factors. The stock is currently trading with a P/E ratio of 31.21 and P/B ratio of 2.40. Today's performance shows a gain of 2.14%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Hindustan Construction Company Ltd and when is the next dividend?
Hindustan Construction Company Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹23.87, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Hindustan Construction Company Ltd?
Hindustan Construction Company Ltd's key financial metrics include: P/E Ratio: 31.21, P/B Ratio: 2.40, ROE: 10.92%, ROCE: 25.20%, Dividend Yield: 0.00%, EPS: ₹0.75, Book Value: ₹9.74, and Debt-to-Equity: 47.91. The company's market cap stands at ₹6,265.77 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Hindustan Construction Company Ltd stock performing today in the market?
Hindustan Construction Company Ltd stock opened at ₹24.01 and is currently trading at ₹23.87, showing a gain of ₹0.50 (2.14%). The intraday high is ₹25 and low is ₹23.76. The trading volume stands at 5,10,73,742 shares, indicating strong market participation today.
08What is the P/E ratio of Hindustan Construction Company Ltd and what does it indicate?
Hindustan Construction Company Ltd has a Price-to-Earnings (P/E) ratio of 31.21, which means investors are willing to pay ₹31.21 for every ₹1 of earnings. With an EPS of ₹0.75, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Hindustan Construction Company Ltd (HCC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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