HEC Infra Proj.

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: INE558R01013
  • NSEID: HECPROJECT
  • BSEID:
INR
106.99
3.45 (3.33%)
BSENSE

Mar 25

BSE+NSE Vol: 10849

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

10.85 k (-19.88%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

5.48%

Held by 0 DIIs

Promoter

74.93%

Who are the top shareholders of the HEC Infra Proj.?

06-Jun-2025

The top shareholder of HEC Infra Proj. is promoter Gaurang Parmanand Shah with 52.82%, followed by public shareholder Wealth First Portfolio Managers at 5.48%. Individual investors hold a combined 15.77%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of HEC Infra Proj. include Gaurang Parmanand Shah, who is the promoter with the highest holding at 52.82%. Additionally, the highest public shareholder is Wealth First Portfolio Managers, holding 5.48%. Individual investors collectively hold 15.77% of the shares. There are currently no mutual funds or foreign institutional investors holding shares in the company.

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When is the next results date for HEC Infra Proj.?

06-Jun-2025

No Upcoming Board Meetings

Who are in the management team of HEC Infra Proj.?

06-Jun-2025

As of March 2022, the management team of HEC Infra Proj. includes Gaurang Shah (Chairman & Managing Director), Rupal Shah (Director), Rahul Shah (Executive Director), and several independent directors: Asit Shah, Nipam Shah, and Yogesh Shah, along with Khushi Bhatt (Company Secretary & Compliance Officer).

As of March 2022, the management team of HEC Infra Proj. includes the following members:<BR><BR>1. Gaurang Shah - Chairman & Managing Director<BR>2. Rupal Shah - Director<BR>3. Asit Shah - Independent Director<BR>4. Nipam Shah - Independent Director<BR>5. Yogesh Shah - Independent Director<BR>6. Rahul Shah - Executive Director<BR>7. Khushi Bhatt - Company Secretary & Compliance Officer<BR><BR>Gaurang Shah is the Chairman and Managing Director, while Rahul Shah serves as the Executive Director. The other members include both independent directors and a company secretary.

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What does HEC Infra Proj. do?

06-Jun-2025

HEC Infra Projects Ltd is an EPC company focused on Electro-Mechanical systems, Solar Projects, Lighting, and ELV Systems, with a market cap of Rs 173 Cr. As of March 2025, it reported net sales of 46 Cr and a net profit of 6 Cr.

Overview: <BR>HEC Infra Projects Ltd is a prominent EPC (Engineering, Procurement, and Construction) company specializing in Electro-Mechanical systems, Solar Projects, Lighting, and ELV Systems, operating in the construction industry within the micro-cap market.<BR><BR>History: <BR>HEC Infra Projects Ltd was incorporated on October 06, 2005, as 'HEC Infra Projects Private Limited' and was converted into a Public Limited Company on October 01, 2014. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 46 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 6 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 173 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.22 <BR>Return on Equity: 24.84% <BR>Price to Book: 4.57 <BR><BR>Contact Details: <BR>Address: Sigma-1 Corporates Cor. Hou. 6, Sindhu Bhavan Road Bodakdev Ahmedabad Gujarat : 380054 <BR>Tel: 91-079-40086771-74 <BR>Email: elect@hecproject.com <BR>Website: http://www.hecproject.com

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What is the bonus history of the HEC Infra Proj.?

06-Jun-2025

HEC Infra Projects Ltd issued a 4:1 bonus on October 7, 2021, granting shareholders four additional shares for every one share held, with a record date of October 8, 2021. This is the most recent bonus action recorded for the company.

HEC Infra Projects Ltd has a bonus history that includes a significant issue announced on October 7, 2021. The company issued a 4:1 bonus, meaning that shareholders received four additional shares for every one share they held. The record date for this bonus was October 8, 2021. This was the latest bonus action recorded for the company. If you have any more questions about HEC Infra Projects or need further details, feel free to ask!

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Has HEC Infra Proj. declared dividend?

06-Jun-2025

HEC Infra Projects Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 19, 2018. Despite the dividend declaration, the yield remains at 0%, as recent returns have been driven solely by significant price appreciation.

HEC Infra Projects Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 19 Sep 18<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 33.11%, with a dividend return of 0%, resulting in a total return of 33.11%.<BR><BR>For the 1-year period, the price return was 82.04%, with a dividend return of 0%, leading to a total return of 82.04%.<BR><BR>Over the 2-year period, the price return stood at 297.96%, with a dividend return of 0%, culminating in a total return of 297.96%.<BR><BR>In the 3-year period, the price return was 505.78%, with a dividend return of 0%, resulting in a total return of 505.78%.<BR><BR>During the 4-year period, the price return was 69.67%, with a dividend return of 0%, leading to a total return of 69.67%.<BR><BR>For the 5-year period, the price return was 38.32%, with a dividend return of 0%, resulting in a total return of 38.32%.<BR><BR>Overall, while HEC Infra Projects Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. However, the price returns over various periods have shown significant growth, reflecting strong performance in the stock price.

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Who are the peers of the HEC Infra Proj.?

03-Jun-2025

HEC Infra Proj.'s peers include Larsen & Toubro, Rail Vikas, NBCC, and others, with varying management and growth risks. NBCC leads in 1-year returns at 24%, while HEC Infra Proj. has a 0% return, higher than IRB Infra.Devl.'s -29.96%.

Peers: The peers of HEC Infra Proj. are Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, IRB Infra.Devl., Maruti Infra., Tarmat, Gayatri Projects, Sonu Infratech, and ARSS Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC, while Good management risk is found at Larsen & Toubro and the rest. Average management risk is present at Rail Vikas, IRB Infra.Devl., Gayatri Projects, and the rest. Below Average management risk is seen at Altius Telecom, Maruti Infra., Tarmat, Sonu Infratech, and the rest. Excellent growth is noted at Altius Telecom and Sonu Infratech, while Good growth is found at NBCC, Average growth is present at Larsen & Toubro, Rail Vikas, IRB Infra.Devl., Gayatri Projects, Maruti Infra., Tarmat, and the rest. Below Average growth is observed at the remaining peers. Excellent capital structure is noted at NBCC, while Below Average capital structure is seen at Larsen & Toubro, Altius Telecom, IRB Infra.Devl., Maruti Infra., Tarmat, Gayatri Projects, Sonu Infratech, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is NBCC at 24.00%, while the peer with the lowest is IRB Infra.Devl. at -29.96%. HEC Infra Proj. has a 1-year return of 0.00%, which is lower than NBCC's return and higher than IRB Infra.Devl.'s return. Additionally, the six-month return is negative for IRB Infra.Devl., Maruti Infra., Tarmat, and the rest.

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What is the technical trend for HEC Infra Proj.?

09-Jun-2025

As of May 26, 2025, HEC Infra Proj. shows a mildly bullish trend supported by strong weekly MACD and Bollinger Bands, despite some bearish signals in daily moving averages.

As of 26 May 2025, the technical trend for HEC Infra Proj. has changed from sideways to mildly bullish. The weekly MACD and Bollinger Bands indicate a bullish stance, while the monthly indicators also support this bullish outlook. The Dow Theory reflects a mildly bullish trend in both weekly and monthly time frames. However, the daily moving averages show a mildly bearish signal, which tempers the overall bullish sentiment. The KST is bullish on a weekly basis but mildly bearish monthly, adding to the mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the strong weekly MACD and Bollinger Bands, despite some bearish signals in the daily moving averages.

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How big is HEC Infra Proj.?

24-Jul-2025

As of 24th July, HEC Infra Projects Ltd has a market capitalization of 170.00 Cr, with Net Sales of 112.10 Cr and a Net Profit of 9.17 Cr reported in the latest four quarters. Shareholder's Funds are 34.86 Cr and Total Assets amount to 79.00 Cr as of March 2024.

As of 24th July, HEC Infra Projects Ltd has a market capitalization of 170.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, HEC Infra Projects Ltd reported Net Sales of 112.10 Cr and a Net Profit of 9.17 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 34.86 Cr and Total Assets of 79.00 Cr.

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Is HEC Infra Proj. overvalued or undervalued?

14-Nov-2025

As of November 13, 2025, HEC Infra Proj. is considered undervalued with a favorable outlook, reflected in its attractive valuation metrics like a PE ratio of 14.57 and a PEG ratio of 0.23, despite a recent 1-year return of -5.97% compared to the Sensex's 9.85%.

As of 13 November 2025, the valuation grade for HEC Infra Proj. has moved from fair to attractive, indicating a more favorable outlook for the company. The analysis suggests that HEC Infra Proj. is undervalued, especially when considering its PE ratio of 14.57, EV to EBIT of 10.71, and ROCE of 19.56%. <BR><BR>In comparison to peers, HEC Infra Proj. stands out with a PEG ratio of 0.23, while Elitecon International is deemed very expensive with a PE ratio of 320.89, and PTC India, which is very attractive, has a PE of 7.67. Although HEC Infra Proj. has underperformed in the 1Y period with a return of -5.97% compared to the Sensex's 9.85%, its strong fundamentals and attractive valuation suggest potential for future growth.

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How has been the historical performance of HEC Infra Proj.?

25-Nov-2025

HEC Infra Proj. has shown significant growth from March 2023 to March 2025, with net sales increasing from 51.73 Cr to 112.10 Cr and profit after tax rising from 0.79 Cr to 9.24 Cr, despite fluctuations in cash flow. Total assets and liabilities both grew to 106.16 Cr by March 2025, reflecting overall financial improvement.

Answer:<BR>The historical performance of HEC Infra Proj. shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>HEC Infra Proj. has demonstrated a strong upward trend in net sales, increasing from 51.73 Cr in March 2023 to 112.10 Cr in March 2025. This growth is reflected in the total operating income, which also rose from 51.73 Cr to 112.10 Cr during the same period. The company's total expenditure, excluding depreciation, increased from 48.43 Cr in March 2023 to 98.15 Cr in March 2025, yet the operating profit (PBDIT) surged from 4.64 Cr to 15.00 Cr, indicating improved operational efficiency. Profit before tax followed a similar trajectory, climbing from 1.20 Cr in March 2023 to 11.70 Cr in March 2025, while profit after tax rose from 0.79 Cr to 9.24 Cr. The earnings per share (EPS) also saw a substantial increase from 0.78 in March 2023 to 8.52 in March 2025. On the balance sheet, total assets grew from 84.80 Cr in March 2023 to 106.16 Cr in March 2025, alongside a rise in total liabilities from 84.80 Cr to 106.16 Cr. The cash flow analysis indicates a net cash outflow of 9.00 Cr in March 2025, contrasting with a net inflow of 8.00 Cr in March 2024, highlighting fluctuations in liquidity despite overall growth in financial performance.

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Are HEC Infra Projects Ltd latest results good or bad?

07-Feb-2026

HEC Infra Projects Ltd's latest results show strong revenue and net profit growth of over 100% year-on-year, but margin compression and rising interest costs raise concerns about sustainability. Overall, the sentiment is cautiously optimistic, despite ongoing operational challenges.

HEC Infra Projects Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with a 108.24% increase year-on-year, reaching ₹57.35 crores in Q3 FY26. Net profit also saw a significant rise of 104.20% year-on-year, amounting to ₹2.92 crores. These figures indicate strong top-line momentum and improved profitability.<BR><BR>However, there are concerns regarding margin compression, as the operating margin decreased to 8.54% from 9.55% a year earlier. This decline raises questions about the company's ability to maintain profitability as it scales operations. Additionally, interest costs surged by 60.92% year-on-year, reflecting increased financial pressure.<BR><BR>Despite these challenges, the stock responded positively to the results, gaining 9.03% in a single day. However, it remains 32.59% below its 52-week high, indicating ongoing investor caution regarding the sustainability of this growth.<BR><BR>In summary, while the latest results show strong revenue and profit growth, the margin compression and rising interest costs warrant careful consideration from investors. The overall sentiment could be described as cautiously optimistic, but with significant operational challenges to address.

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Should I buy, sell or hold HEC Infra Projects Ltd?

10-Mar-2026

Why is HEC Infra Projects Ltd falling/rising?

23-Mar-2026

As of 23-Mar, HEC Infra Projects Ltd's stock price is declining at 102.22, down 4.87%, due to poor recent performance, declining investor interest, and financial inefficiencies, including a low ROCE and high debt-to-EBITDA ratio. Despite some positive long-term growth indicators, the stock is underperforming compared to the benchmark Sensex.

As of 23-Mar, HEC Infra Projects Ltd is experiencing a decline in its stock price, currently at 102.22, reflecting a change of -5.23 (-4.87%). This downward movement can be attributed to several factors. Over the past week, the stock has fallen by 6.91%, which is significantly worse than the benchmark Sensex's decline of 3.83%. Additionally, the stock has underperformed over the past month, with a decrease of 12.34% compared to a slight drop of 12.45% in the Sensex.<BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume on 20 March plummeting by 95.47% against the 5-day average, suggesting a lack of confidence among investors.<BR><BR>Despite some positive long-term growth indicators, such as a 38.15% annual growth rate in net sales and a 69.80% increase in operating profit, the company faces significant challenges. It has a low return on capital employed (ROCE) of 8.59%, indicating poor management efficiency and low profitability per unit of total capital. Additionally, the company's high debt-to-EBITDA ratio of 6.67 times raises concerns about its ability to service debt, further contributing to negative sentiment around the stock.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and financial inefficiencies is driving the stock price of HEC Infra Projects Ltd lower.

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Why is HEC Infra Projects Ltd falling/rising?

24-Mar-2026

As of 24-Mar, HEC Infra Projects Ltd's stock price has risen to 103.54, reflecting a 1.29% increase due to strong long-term growth and positive financial results, including a 108.24% rise in net sales. Despite some challenges, such as lower trading volumes and volatility risks, the stock remains attractively valued compared to peers.

As of 24-Mar, HEC Infra Projects Ltd is experiencing a rise in its stock price, currently at 103.54, with a change of 1.32 (1.29%) upward. This increase can be attributed to several positive factors despite some underlying challenges. The company has demonstrated healthy long-term growth, with net sales growing at an annual rate of 38.15% and operating profit increasing by 69.80%. Notably, the company reported a significant growth in net sales of 108.24% in its latest results, which have been positive for the last ten consecutive quarters.<BR><BR>Moreover, the stock has generated a return of 10.18% over the past year, while profits have surged by 223.1%. The attractive valuation, indicated by a return on capital employed (ROCE) of 19.6 and a PEG ratio of 0.1, suggests that the stock is trading at a discount compared to its peers. Additionally, the stock has consistently outperformed the BSE500 over the last three years, which reinforces investor confidence.<BR><BR>However, it is important to note that the stock is currently trading lower than its moving averages across various time frames, and there has been a significant decline in investor participation, with delivery volume dropping by 83.68% compared to the five-day average. These factors could indicate potential volatility in the stock's performance moving forward. Nonetheless, the current rise in stock price reflects the positive financial results and growth prospects of HEC Infra Projects Ltd.

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Why is HEC Infra Projects Ltd falling/rising?

25-Mar-2026

As of 25-Mar, HEC Infra Projects Ltd's stock price has risen to 106.99, driven by significant growth in net sales and operating profit. Despite concerns over management efficiency and high debt levels, the company's strong performance metrics and consistent profitability have bolstered investor confidence.

As of 25-Mar, HEC Infra Projects Ltd is experiencing a rise in its stock price, currently at 106.99, reflecting an increase of 3.45 (3.33%). This upward movement can be attributed to several positive factors highlighted in the company's performance metrics. Notably, the company has reported significant growth in net sales, with an annual increase of 38.15%, and an impressive operating profit growth of 69.80%. Furthermore, the company declared very positive results for the quarter ending December 25, showcasing a remarkable 108.24% growth in net sales and consistent profitability, as evidenced by positive results for the last ten consecutive quarters.<BR><BR>The stock has also outperformed its sector by 0.83% today, indicating a relative strength compared to its peers. Additionally, over the past year, HEC Infra Projects Ltd has generated a return of 13.61%, significantly outpacing the BSE500 index, which has seen a decline of 1.53%. This consistent performance over the last three years, with a staggering 246.81% return, further supports the stock's upward trajectory.<BR><BR>However, it is important to note that despite these positive indicators, there are concerns regarding management efficiency and debt levels, which could impact future performance. The company has a low average Return on Capital Employed (ROCE) of 8.59% and a high Debt to EBITDA ratio of 6.67 times, suggesting challenges in profitability and debt servicing. Nonetheless, the current rise in stock price appears to be driven by strong sales growth and positive earnings results, reflecting investor confidence in the company's long-term potential.

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Which are the latest news on HEC Infra Proj.?

26-Mar-2026

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor Management Efficiency with a low ROCE of 8.59%

  • The company has been able to generate a Return on Capital Employed (avg) of 8.59% signifying low profitability per unit of total capital (equity and debt)
2

Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.67 times

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

INR 115 Cr (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

21

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.59

stock-summary
Return on Equity

21.43%

stock-summary
Price to Book

2.04

Revenue and Profits:
Net Sales:
57 Cr
(Quarterly Results - Dec 2025)
Net Profit:
3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.18%
0%
-13.18%
6 Months
-24.61%
0%
-24.61%
1 Year
13.61%
0%
13.61%
2 Years
45.17%
0%
45.17%
3 Years
246.81%
0%
246.81%
4 Years
203.95%
0%
203.95%
5 Years
-9.52%
0%
-9.52%

Latest dividend: 1 per share ex-dividend date: Sep-19-2018

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

HEC Infra Projects Limited - Outcome of Board Meeting

14-Nov-2019 | Source : NSE

HEC Infra Projects Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

HEC Infra Projects Limited - Updates

09-Oct-2019 | Source : NSE

HEC Infra Projects Limited has informed the Exchange regarding 'Submission under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018'.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

HEC Infra Projects Ltd has declared 10% dividend, ex-date: 19 Sep 18

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

HEC Infra Projects Ltd has announced 4:1 bonus issue, ex-date: 07 Oct 21

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
38.15%
EBIT Growth (5y)
69.80%
EBIT to Interest (avg)
2.27
Debt to EBITDA (avg)
9.73
Net Debt to Equity (avg)
0.59
Sales to Capital Employed (avg)
0.96
Tax Ratio
25.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
5.48%
ROCE (avg)
8.44%
ROE (avg)
8.98%

Valuation key factors

Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
2.05
EV to EBIT
7.49
EV to EBITDA
7.49
EV to Capital Employed
1.66
EV to Sales
0.87
PEG Ratio
0.05
Dividend Yield
NA
ROCE (Latest)
19.56%
ROE (Latest)
21.43%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Gaurang Parmanand Shah (52.82%)

Highest Public shareholder

Sumanju Projects & Services Limited (2.1%)

Individual Investors Holdings

15.66%

stock-summaryFinancial
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      "body": [
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          "field": "Net Sales",
          "val1": "125.76",
          "val2": "65.60",
          "chgp": "91.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.04",
          "val2": "5.02",
          "chgp": "119.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.01",
          "val2": "1.81",
          "chgp": "66.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.48",
          "val2": "3.49",
          "chgp": "85.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.78%",
          "val2": "7.65%",
          "chgp": "1.13%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 51.92% vs 42.64% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 95.76% vs 497.47% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "112.10",
          "val2": "73.79",
          "chgp": "51.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.95",
          "val2": "5.26",
          "chgp": "165.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.16",
          "val2": "1.82",
          "chgp": "73.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.24",
          "val2": "4.72",
          "chgp": "95.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.44%",
          "val2": "7.13%",
          "chgp": "5.31%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Dec'25 - YoYstock-summary

Dec'25
Dec'24
Change(%)
Net Sales
57.35
27.54
108.24%
Operating Profit (PBDIT) excl Other Income
4.90
2.63
86.31%
Interest
1.40
0.87
60.92%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.92
1.43
104.20%
Operating Profit Margin (Excl OI)
8.54%
9.55%
-1.01%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2025 is 108.24% vs 61.15% in Dec 2024

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2025 is 104.20% vs -62.17% in Dec 2024

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
68.41
38.06
79.74%
Operating Profit (PBDIT) excl Other Income
6.14
2.39
156.90%
Interest
1.61
0.94
71.28%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.56
2.06
72.82%
Operating Profit Margin (Excl OI)
8.98%
6.28%
2.70%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 79.74% vs 33.40% in Sep 2024

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is 72.82% vs 202.94% in Sep 2024

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
125.76
65.60
91.71%
Operating Profit (PBDIT) excl Other Income
11.04
5.02
119.92%
Interest
3.01
1.81
66.30%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.48
3.49
85.67%
Operating Profit Margin (Excl OI)
8.78%
7.65%
1.13%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 91.71% vs 43.80% in Dec 2024

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is 85.67% vs -21.75% in Dec 2024

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
112.10
73.79
51.92%
Operating Profit (PBDIT) excl Other Income
13.95
5.26
165.21%
Interest
3.16
1.82
73.63%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.24
4.72
95.76%
Operating Profit Margin (Excl OI)
12.44%
7.13%
5.31%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 51.92% vs 42.64% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is 95.76% vs 497.47% in Mar 2024

stock-summaryCompany CV
About HEC Infra Projects Ltd stock-summary
stock-summary
HEC Infra Projects Ltd
Micro Cap
Construction
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.
Company Coordinates stock-summary
Company Details
Sigma-1 Corporates Cor. Hou. 6, Sindhu Bhavan Road Bodakdev Ahmedabad Gujarat : 380054
stock-summary
Tel: 91-079-40086771-74
stock-summary
elect@hecproject.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai