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HEC Infra Projects

HEC Infra Projects

NSE: HECPROJECTConstructionhecprojects.in
TV Chart
136.00
0.93+0.69%
DAY134
₹136.00
138
52W92
₹136.00
161
Open134.00
Prev Close135.07
Bid135.98100
Ask136.03100
Volume74696%vs 20D avg
Market Cap₹145.23 Cr
Promoter Hold.74.93%
Face Value₹10
Fwd P/E
PEG
EV/EBITDA8.27
P/S
ROA10.35%
Beta0.12
Div Payout
Valuation

HEC Infra Projects Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for HEC Infra Projects Limited, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsLive · as of 24 Jun 2026
the price tag

Valuation

Market Cap
₹145.23 Cr
P/E Ratio
P/B Ratio
EPS
11.63
the engine

Profitability

ROE
good21.2%
ROCE
good19%
Net Margin
avg7.13%
Op Margin
avg11.32%
the trajectory

Growth

EPS YoY
watch0.9%
Revenue YoY
avg9.1%
Qtr Sales
good54.9%
Qtr Profit
good58.3%
the balance sheet

Financial Health

Debt / Equity
watch67.51
Book Value
60.68
Div Yield
%
Promoter Hold.
good74.93%
Chart Patterns

HEC Infra Projects Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for HEC Infra Projects Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Financials

HEC Infra Projects Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for HEC Infra Projects Limited, switchable between annual and quarterly views, consolidated or standalone.

HEC Infra Projects Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹145.23 Cr and reported EPS of ₹11.63.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

HEC Infra Projects segment analysis: revenue and profit mix.

Disclosed business segments at HEC Infra Projects with their share of revenue and profit, switchable between consolidated and standalone reporting.

HEC Infra Projects discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

HEC Infra Projects Limited investment thesis: bull case, bear case, and the flip lines.

Why someone would buy HEC Infra Projects Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

HEC Infra Projects Limited's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • The company demonstrates robust profitability with an impressive Return on Equity (ROE) of 21.00% and Return on Capital Employed (ROCE) of 19.00%, indicating efficient capital utilization and strong shareholder value creation.

  • HEC Infra Projects has shown remarkable quarterly performance, with sales growing by 54.90% and net profit by 58.30%, signaling strong operational momentum and increasing demand for its services.

  • With a P/E ratio of 15.70, the company appears undervalued compared to its industry peers, whose P/E ratios range from 30.45 to 58.15, suggesting potential for re-rating and investor interest.

  • A substantial promoter holding of 74.9% reflects strong confidence from the management in the company's future prospects and stability, aligning their interests with long-term shareholder value.

  • As a Civil Construction company, HECPROJECT is well-positioned to capitalize on the anticipated growth in the infrastructure sector, driven by government spending and urban development projects.

bear case

What can break it.

  • The company currently has a 0.00% dividend yield, which might deter income-focused investors looking for regular returns, potentially limiting its appeal to a broader investor base.

  • A consistent 0.00% FII holding indicates a lack of interest from foreign institutional investors, which could be a concern regarding global investor confidence and liquidity in the stock.

  • Domestic Institutional Investors (DIIs) have reduced their stake from 8.58% to 5.48% over recent periods, which could signal a cautious outlook from institutional players regarding the company's future.

  • While recent quarterly profit growth is high, the net profit figures have shown significant volatility across quarters, indicating potential inconsistency in earnings stability.

  • The Civil Construction industry is highly competitive, with larger players like Larsen & Toubro, posing a significant threat to HECPROJECT's ability to secure large-scale projects and maintain margins.

flip conditions

What would change my mind.

  • 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 68.01. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 16%. The operating engine is no longer compounding capital efficiently.

Shareholding

HEC shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in HEC — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

HEC Infra Projects Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — HEC Infra Projects Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Central Mine Planning & Design Institute Ltd
₹18,114.89 Cr
Best Profit Growth
A B Infrabuild Limited
859.00 %
Highest Dividend Yield
Deepak Builders & Engineers India Limited
11.16 %
Technicals

HEC Infra Projects Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for HEC Infra Projects Limited — derived from the live tape, not yesterday's close.

HEC Infra Projects Limited last traded at ₹136 with an intraday range of ₹133.9–₹137.6 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹136.00
LevelPrice (₹)Distance% Δ
R4145.17+9.17+6.74%
R3141.47+5.47+4.02%
R2139.53+3.53+2.60%
R1137.77+1.77+1.30%
PIVOT135.83-0.17-0.12%
CURRENT136.00
S1126.67-9.33-6.86%
S2130.37-5.63-4.14%
S3132.13-3.87-2.84%
S4134.07-1.93-1.42%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 135.75P: 135.83TC: 135.92
R1
R2
R3
R4
indicator
LTP: 136.00
PDH: 143.70
PDL: 133.10
● Market Sentiment

HECPROJECT is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery & Volume

HEC Infra Projects Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for HEC Infra Projects Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in HEC Infra Projects Limited stood at 68.0% of traded volume, against a 20-day average of 55.6%.

Avg Delivery (20D)55.6%+12.4 ppt latest vs avg
Highest Delivery71.2%on 02 Jun
Avg Volume (20D)18.4 K20-day run-rate
Conviction Trend↓ Weakening+12.4 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

HEC Infra Projects announcements: results, concalls, ratings, M&A.

Filings HEC Infra Projects sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

HEC Infra Projects files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 70 documents below.

  1. 16 Jun 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  2. 06 Jun 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  3. 06 Jun 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  4. 29 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    HEC Infra Projects Limited has informed the Exchange about Copy of Newspaper Publication

  5. 27 May 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Insider Activity

HEC Infra Projects insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in HEC Infra Projects as reported to SEBI — buying and selling signals from the people who know the business best.

HEC Infra Projects insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
RAHUL G.SHAHInsider12 Mar 2025buy+7.00 L₹9.03 Cr₹129.00
Corporate Actions

HEC Infra Projects dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue HEC Infra Projects has declared, sequenced by announce and record date.

HEC Infra Projects corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About HEC Infra Projects Limited: business, sector, key facts.

What HEC Infra Projects Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

HEC Infra Projects Limited operates in the Construction, listed as NSE: HECPROJECT.

HECPROJECT
Construction

HEC Infra Projects Limited

NSE · HECPROJECT·hecprojects.in

HEC Infra Projects Limited (HECPROJECT) is an Indian engineering, procurement, and construction (EPC) contractor specializing in electro-mechanical and instrumentation projects across a diverse range of sectors. Their core business revolves around providing comprehensive services throughout the project lifecycle, from initial design and engineering to procurement of materials and final construction and installation.

The company's service portfolio is extensive and caters to a broad client base. Their expertise lies in transmission and substation projects, crucial for power distribution. They also handle water management systems, demonstrating their involvement in essential infrastructure development. Furthermore, HECPROJECT offers smart city solutions including smart lighting systems and public address systems, highlighting their adaptability to modern technological advancements.

Beyond core infrastructure, HECPROJECT undertakes projects related to renewable energy, such as solar rooftops and power plants, and energy storage solutions like battery energy storage systems. This showcases their commitment to sustainable and environmentally conscious practices. Their capabilities extend to building management systems, including air conditioning, fire safety, security, and nurse calling systems, indicating their proficiency in creating integrated building solutions.

HECPROJECT's client base spans numerous industries, including engineering, textiles, glass, cement, chemicals, pharmaceuticals, food processing, steel, petrochemicals, refineries, oil and gas, commercial projects, dairy, paint manufacturing, and airports. They also serve sectors like hospitality (hotels), healthcare (hospitals), logistics (ports), retail (malls, multiplexes), finance (banks), and IT (call centers, software parks, SEZs). This broad spectrum of clientele underscores their versatile capabilities and market adaptability.

In essence, HECPROJECT acts as a one-stop shop for a wide array of electro-mechanical and instrumentation needs, offering comprehensive EPC services from initial concept to final commissioning. Their specialization in diverse sectors, coupled with a commitment to sustainable technologies, positions them as a significant player in the Indian infrastructure and industrial development landscape.

company facts
Employees
SectorConstruction
HeadquartersAhmedabad, India
Market Cap₹145.23 Cr
Listed OnNSE
leadership14 on record
Mr. Arvindkumar H. Patel
Chief Financial Officer
Mr. Arvindkumar Patel
Chief Financial Officer
Mr. Gaurang Parmananddas Shah
Chairman & MD
Mr. Gaurang Shah
Executive Chairman of the Board, Managing Director
Mr. Rahul Gaurang Shah
Executive Director
Mr. Rahul Shah
Executive Director
Mr. Ronak Mehta
Additional Non-Executive Independent Director
Mrs. Rupal Shah
Whole - Time Director
Mr. Yash Mehta
Additional Non-Executive Independent Director
Mr. Yogesh Shah
Independent Non-Executive Director
Ms. Khushi Bhatt
Compliance Officer, Company Secretary
Ms. Khushi Rajendra Bhatt
Company Secretary & Compliance Officer
§ ∞ · Plainly Answered

Questions investors ask about HEC Infra Projects Limited (HECPROJECT).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of HEC Infra Projects Limited (HECPROJECT)?

The current share price of HEC Infra Projects Limited (HECPROJECT) is ₹136. Today, the stock has gained by ₹0.93 (0.69%), trading in a range of ₹133.9 to ₹137.6. The stock opened at ₹134 with a trading volume of 746 shares.

02Is HEC Infra Projects Limited stock a good investment for long-term?

HEC Infra Projects Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹145.23 crores, P/E ratio of 0.00, ROE of 21.20%, and ROCE of 19.00%. 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 HEC Infra Projects Limited stock?

The 52-week high price of HEC Infra Projects Limited (HECPROJECT) is ₹160.5, while the 52-week low is ₹92.1. Currently trading at ₹136, the stock is 64.2% away from its 52-week low and 15.3% 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 HEC Infra Projects Limited stock at the current price?

Whether to buy HEC Infra Projects Limited stock at ₹136 depends on multiple factors. The stock is currently trading with a P/E ratio of 0.00 and P/B ratio of 0.00. Today's performance shows a gain of 0.69%. 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 HEC Infra Projects Limited and when is the next dividend?

HEC Infra Projects Limited offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹136, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. 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 HEC Infra Projects Limited?

HEC Infra Projects Limited's key financial metrics include: P/E Ratio: 0.00, P/B Ratio: 0.00, ROE: 21.20%, ROCE: 19.00%, Dividend Yield: 0.00%, EPS: ₹11.63, Book Value: ₹60.68, and Debt-to-Equity: 67.51. The company's market cap stands at ₹145.23 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is HEC Infra Projects Limited stock performing today in the market?

HEC Infra Projects Limited stock opened at ₹134 and is currently trading at ₹136, showing a gain of ₹0.93 (0.69%). The intraday high is ₹137.6 and low is ₹133.9. The trading volume stands at 746 shares, indicating moderate market participation today.

08What is the P/E ratio of HEC Infra Projects Limited and what does it indicate?

HEC Infra Projects Limited has a Price-to-Earnings (P/E) ratio of 0.00, which means investors are willing to pay ₹0.00 for every ₹1 of earnings. With an EPS of ₹11.63, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about HEC Infra Projects Limited (HECPROJECT) 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.