HEC Infra Projects Ltd

HECPROJECT
NSE· Construction
136.62
-1.08 (-0.78%)
52W Low · ₹97.0052W High · ₹160.50
Mid Range
Market Cap
₹132.15L Cr
Volume
11.3K
Prev Close
₹139.46
ISIN
INE558R01013

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 62 capped to 40 by a red flag.

Why this is capped

Raw blend 62 → capped to 40

  • Profit not converting to cash (CFO -0.4x PAT) — cash-trap risk
  • Aggressive accruals not backed by cash (Beneish M -0.7, weak CFO/PAT)
  • Micro-cap (~Rs 132 cr) — limited reliability/liquidity
  • Thinly traded (~Rs 18.1 L/day) — hard to act on
Quality
51
Growth
98
Safety
50
Value

HEC Infra Projects Ltd scores 40/100 (Caution) on the Orion Score — moderate business quality (51), strong growth (98) and moderate balance-sheet safety (50). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO -0.4x PAT) — cash-trap risk
  • Aggressive accruals not backed by cash (Beneish M -0.7, weak CFO/PAT)
  • Micro-cap (~Rs 132 cr) — limited reliability/liquidity
  • Thinly traded (~Rs 18.1 L/day) — hard to act on

Forensic accounting

Piotroski F 5/9Altman Z Safe(7.03)Beneish M Elevated(-0.73)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

60/100

Neutral

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Moderate
D/E 0.68x — manageable leverage
QUALITY
High Quality
ROCE 29.9% — excellent capital efficiency
MOMENTUM
Bullish
RSI 56.5 — strong momentum

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q3 FY2026

P/E Ratio
10.58
ROCE
29.88%
ROE (1Y)
21.20%
D/E Ratio
0.68x
OPM
8.48%
TTM EPS
₹11.53
Dividend Yield
Qtrly Sales
₹57.35 Cr
Qtrly Profit
₹2.92 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q3 2026₹57.35₹2.928.5%₹2.69
Q2 2026₹40.5₹2.238.9%₹2.06
Q1 2026₹27.91₹1.338.8%₹1.23
Q4 2025₹46.5₹5.6724.2%
Q3 2025₹27.54₹1.439.2%₹1.41

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹112.1₹9.24₹13.3814.3%
FY 2024₹73.79₹4.72₹7.67.4%
FY 2023₹51.73₹0.79₹2.266.0%
FY 2022₹43.72₹0.51₹1.815.5%

Peer Comparison — Construction

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
HECPROJECT₹132 Cr10.5829.88%21.20%0.68x8.48%
AFCONS₹10,517 Cr41.999.86%4.68%0.67x-2.17%
RITES₹10,116 Cr24.6214.97%16.40%0.00x19.74%
HCC₹6,292 Cr32.0313.46%10.91%0.48x16.69%
CEIGALL₹5,872 Cr19.0017.68%15.48%0.61x14.95%
AHLUCONT₹5,716 Cr20.8513.02%13.79%0.04x7.18%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹106.16₹79₹84.8₹81.9
Equity₹53.14₹34.86₹30.14₹29.37
Total Debt₹37.89₹30.21₹31.3₹35.13
Cash₹0.22₹1.43₹0.07₹0.08
Net Debt₹37.66₹28.78₹31.23₹35.06
Working Capital₹15.65₹50.27₹46.21₹45.95

Shareholding Pattern

Q3 FY2026

Promoter
74.93%
FII
DII
5.48%
Public
19.58%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q3 FY202674.93%5.48%19.58%
Q2 FY202674.93%5.48%19.58%
Q1 FY202674.93%5.48%19.58%
Q4 FY202574.93% ↑5.48% ↓19.58% ↓
Q3 FY202573.2%5.86% ↓20.94% ↑
Q2 FY202573.2%8.52%18.27%
Q1 FY202573.2%8.52%18.27%
Q4 FY202473.2%8.52%18.27%

Corporate Actions

No recent corporate actions

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About HEC Infra Projects Ltd (HECPROJECT) Stock

HEC Infra Projects Ltd is listed on the NSE under the Construction sector, Civil Construction industry. ISIN: INE558R01013. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.