Is Hindustan Construction Company a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hindustan Construction Company Ltd is a average quality company .

Is Hindustan Construction Company undervalued or overvalued?

The key valuation ratios of Hindustan Construction Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Hindustan Construction Company share price return in the past 10 years?

Hindustan Construction Company Ltd share price has appreciated 2.4% annually (CAGR) over the past ten years.

Is Hindustan Construction Company a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hindustan Construction Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Hindustan Construction Company?

Company share prices are keep on changing according to the market conditions. The closing price of Hindustan Construction Company on 21-Nov-2024 at 16:59 is 35.69.

What is the P/E ratio of Hindustan Construction Company?

The latest standalone P/E ratio of Hindustan Construction Company as of 21-Nov-2024 is 33.65.

What is the P/B ratio of Hindustan Construction Company?

The latest standalone P/B ratio of Hindustan Construction Company as of 21-Nov-2024 is 4.54.

What is the 52-week high and low of Hindustan Construction Company?

The 52-week high of Hindustan Construction Company is Rs. 57.46 and the 52-week low is Rs. 26.60.

What is the TTM revenue of Hindustan Construction Company?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hindustan Construction Company is Rs. 5141.78 (Cr.).

Hindustan Construction Company Ltd - Stock Valuation and Financial Performance

Name: Hindustan Construction Company
Brand: Hindustan Construction Company

BSE: 500185 | NSE: HCC | Engineering - Construction | Small Cap

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HCC Share Price

₹35.69 -0.41 -1.14%
as on 21-Nov'24 16:59

10 Year X-Ray of HCC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	12.5%	12.7%	12.5%	11.4%	-33%	15.3%	-0.3%	24.3%	40.9%	34.2%	-
Value Creation Index ⓘ	-0.1	-0.1	-0.1	-0.2	-3.4	0.1	-1.0	0.7	1.9	1.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,135	4,191	4,196	4,575	4,603	3,647	2,590	4,666	5,222	5,043	5,142
Sales YoY Gr.	-	1.4%	0.1%	9%	0.6%	-20.8%	-29%	80.2%	11.9%	-3.4%	-
Adj EPS ⓘ	1	0.5	0.4	0.7	-12.3	-1.1	-2.5	-1	0.6	0.4	1.1
YoY Gr.	-	-47%	-32.1%	100%	-1805.6%	NA	NA	NA	NA	-37.3%	-
BVPS (₹) ⓘ	18.5	19.9	22.9	23.5	8.6	7.5	3.9	3	4.6	6.1	8
Adj Net Profit ⓘ	75.2	48.2	42.5	85.3	-1,936	-171	-386	-156	93.2	56.5	180
Cash Flow from Ops. ⓘ	383	339	639	1,318	571	314	-97.2	645	77.9	390	-
Debt/CF from Ops. ⓘ	13.1	14.8	6.9	2.8	5.8	10.7	-40.7	2.1	25.1	4.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.2%	1.8%	24.9%	-3.4%
Adj EPS ⓘ	-10.5%	NA	NA	-37.3%
BVPSⓘ	-11.6%	-6.7%	16.2%	33.3%
Share Price	2.4%	30.4%	56.7%	18.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	5.7	3	1.9	3.1	-93.8	-13.5	-43.1	-28.8	15.7	6.9	15.2
Op. Profit Mgn % ⓘ	19	19.4	18	14.3	12.9	12.8	11.6	16.9	13.6	13.6	14.4
Net Profit Mgn % ⓘ	1.8	1.2	1	1.9	-42.1	-4.7	-14.9	-3.3	1.8	1.1	3.5
Debt to Equity ⓘ	3.6	2.8	1.6	1.3	2.4	2.9	6.5	2.9	2.7	1.9	1.1
Working Cap Days ⓘ	654	725	791	769	685	801	1,132	518	391	410	174
Cash Conv. Cycle ⓘ	204	52	-42	30	80	73	179	85	-10	-8	27

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.20%

Sales growth is growing at healthy rate in last 3 years 24.87%

Debt to equity has declined versus last 3 years average to 1.89

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -1.59%

Latest Financials - Hindustan Construction Company Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.1	2.9
TTM Sales (₹ Cr.)	5,142	6,470
BVPS (₹.) ⓘ	8	1.6
Reserves (₹ Cr.) ⓘ	1,169	96
P/BV ⓘ	4.54	23.00
PE ⓘ	33.65	12.38

From the Market
52 Week Low / High (₹)	26.60 / 57.46
All Time Low / High (₹)	0.40 / 120.10
Market Cap (₹ Cr.)	6,064
Equity (₹ Cr.)	168
Face Value (₹)	1
Industry PE ⓘ	35.9

Management X-Ray of HCC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

91.62

89.49

85.32

76.85

76.84

* Pledged shares as % of Promoter's holding (%)

Valuation of HCC

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of HCC

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	4,135	4,191	4,196	4,575	4,603	3,647	2,590	4,666	5,222	5,043
Operating Expenses ⓘ	3,353	3,383	3,442	3,931	4,015	3,182	2,290	3,877	4,510	4,356
Manufacturing Costs	2,600	2,567	2,665	3,178	3,373	2,535	1,749	3,270	3,891	3,731
Material Costs	2	0	0	0	0	0	0	0	0	0
Employee Cost	361	383	397	438	394	414	324	346	324	324
Other Costs ⓘ	391	432	380	315	247	233	217	261	295	301
Operating Profit ⓘ	781	808	754	644	589	465	300	789	712	687
Operating Profit Margin (%)	18.9%	19.3%	18.0%	14.1%	12.8%	12.8%	11.6%	16.9%	13.6%	13.6%
Other Income ⓘ	147	214	262	251	118	30	53	80	61	125
Interest ⓘ	651	702	772	660	699	746	830	949	664	543
Depreciation ⓘ	150	152	125	123	145	109	91	94	78	68
Exceptional Items ⓘ	0	-28	-21	0	-2,400	320	-274	0	223	169
Profit Before Tax ⓘ	127	140	97	112	-2,537	-41	-843	-173	255	370
Tax ⓘ	46	46	38	34	-611	128	-276	-20	1	191
Profit After Tax	82	95	59	78	-1,926	-169	-566	-153	253	179
PAT Margin (%)	2.0%	2.3%	1.4%	1.7%	-41.8%	-4.6%	-21.9%	-3.3%	4.9%	3.5%
Adjusted EPS (₹)	1.1	1.1	0.5	0.7	-12.2	-1.1	-3.6	-1.0	1.6	1.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,387	1,803	2,690	2,775	1,354	1,179	612	468	721	921
Share Capital ⓘ	65	78	101	102	151	151	151	151	151	151
Reserves ⓘ	1,323	1,725	2,589	2,673	1,202	1,027	461	317	570	770
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4,582	4,661	3,981	3,311	2,922	2,725	3,244	472	1,821	1,547
Long Term Debt	2,628	2,612	2,832	2,283	1,842	1,357	1,197	965	1,785	1,479
Short Term Debt	1,955	2,050	1,149	1,028	1,080	1,368	2,047	-493	35	69
Trade Payables	1,539	1,438	1,616	1,810	1,808	1,781	1,650	1,826	1,855	1,796
Others Liabilities ⓘ	2,233	2,111	3,114	3,407	4,127	5,003	4,749	7,967	3,454	3,530
Total Liabilities ⓘ	9,742	10,014	11,401	11,303	10,211	10,688	10,255	10,733	7,851	7,794
Fixed Assets
Gross Block	2,006	2,004	867	987	907	927	1,109	946	925	872
Accumulated Depreciation	1,222	1,316	272	389	489	581	628	574	625	643
Net Fixed Assetsⓘ	785	689	595	598	418	345	480	372	300	229
CWIP ⓘ	6	2	187	160	169	178	2	1	0	1
Investmentsⓘ	693	777	796	781	1,627	1,632	1,685	1,685	1,592	1,632
Inventories	3,568	173	233	179	197	192	188	176	170	126
Trade Receivables	923	504	2,087	2,398	3,483	1,822	4,398	1,764	2,053	1,853
Cash Equivalents	96	95	120	197	224	169	322	542	263	284
Others Assetsⓘ	3,671	7,774	7,383	6,989	4,092	6,350	3,180	6,194	3,473	3,669
Total Assets ⓘ	9,742	10,014	11,401	11,303	10,211	10,688	10,255	10,733	7,851	7,794

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	383	339	639	1,318	571	314	-97	645	78	390
PBT ⓘ	127	140	97	112	-2,537	-41	-843	-173	255	370
Adjustment ⓘ	653	701	691	545	3,154	510	1,129	972	452	310
Changes in Working Capital ⓘ	-384	-497	-130	734	55	-101	-524	-191	-631	-259
Tax Paid ⓘ	-12	-5	-18	-73	-101	-54	140	37	2	-31
Cash Flow From Investing Activity ⓘ	-95	42	-195	-50	-244	-36	-42	-157	402	208
Capex	-25	-48	-196	-2	-114	-33	-56	25	-4	89
Net Investments	0	138	0	-36	-15	11	-12	-209	257	-3
Others ⓘ	-70	-49	0	-12	-115	-14	25	27	149	122
Cash Flow From Financing Activityⓘ	-358	-389	-437	-1,224	-317	-326	282	-478	-502	-581
Net Proceeds from Shares ⓘ	-3	400	809	20	491	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-185	-162	229	-550	-464	-229	-160	-6	-172	-239
Interest Paid ⓘ	-587	-711	-569	-572	-395	-381	-297	-346	-291	-362
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	417	84	-905	-121	52	284	739	-126	-39	21
Net Cash Flow ⓘ	-70	-8	8	44	10	-48	142	10	-22	17

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	6.2	5.94	2.64	2.84	-93.28	-13.33	-63.27	-28.35	42.62	21.75
ROCE (%)	12.48	12.72	12.49	11.36	-32.95	15.33	-0.28	24.33	40.93	34.22
Asset Turnover Ratio	0.46	0.42	0.39	0.4	0.43	0.35	0.25	0.44	0.56	0.64
PAT to CFO Conversion(x)	4.67	3.57	10.83	16.9	N/A	N/A	N/A	N/A	0.31	2.18
Working Capital Days
Receivable Days	65	62	113	179	233	265	438	241	133	141
Inventory Days	306	163	18	16	15	19	27	14	12	11
Payable Days	0	0	0	0	0	0	0	0	0	0

Hindustan Construction Company Ltd Stock News

Hindustan Construction Company Ltd FAQs

What is the share price of HCC?

Company share prices are keep on changing according to the market conditions. The closing price of HCC on 21-Nov-2024 16:59 is ₹35.69.

What is the market cap of HCC?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of HCC stood at ₹6,064.4.

What is the P/E ratio of HCC?

The latest P/E ratio of HCC as of 21-Nov-2024 16:59 is 33.65.

What is the P/B ratio of HCC?

The latest P/B ratio of HCC as of 21-Nov-2024 16:59 is 4.54.

What is the 52-week high and low of HCC?

The 52-week high of HCC is ₹57.46 and the 52-week low is ₹26.60.

What is the TTM revenue of HCC?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HCC is ₹5,142 ( Cr.) .

About Hindustan Construction Company Ltd

Hindustan Construction Company is a pre-eminent Indian infrastructure company, it was incorporated over eight decades ago. The HCC Group of companies comprise HCC Ltd (Engineering & Construction), HCC Infrastructure Ltd, HCC Real Estate Ltd (HREL) and Lavasa Corporation Ltd. The group specializes in technically complex, new-age infrastructure projects, as well as EPC, BOT, Integrated Projects and Townships.

HCC has, over the years, strongly anchored itself to Indiaâ€™s development efforts. It is now acknowledged as a company that continues to empower India, enabling the nation to surge ahead in different core sectors. At the heart of all development efforts is the attempt to touch and improve the quality of life of people across the length and breadth of the country.

HCC, as an industry leader in engineering construction, currently nurtures projects that span across such diverse segments as transportation, power, marine projects, oil and gas pipeline constructions, irrigation and water supply, utilities and urban infrastructure, all of which impact the nation of India, and the progress of its people.

This company with focus towards empowering the nation, currently spans across construction, real estate and infrastructure development fields, which form part of the backbone of any nation building effort.

The company has executed a majority of Indiaâ€™s landmark infrastructure projects, having constructed more than 25% of Indiaâ€™s hydro power, and over 50% of Indiaâ€™s nuclear power generation capacities, 2,227 km of roads and expressways and over 200 km of complex tunneling in addition to hundreds of bridges, dams and barrages.

HCC has remained at the forefront of Indiaâ€™s engineering construction industry with global management practices, which include acquiring international ISO certifications for management systems in Quality, Occupational Health & Safety and Environment. In fact, Environment Management is a key focus area for the company and it is implementing various initiatives through the government recognized Centre for Research and Development and Innovation (CRDI), such as use of fly ash in concrete that helps reduce carbon emissions and innovative techniques in pipeline joint testing.

Having established robust corporate governance norms, the company has also set global benchmarks in the construction industry with the fastest implementation of SAP-ERP coupled with high levels of complexity across 28 diverse project locations. The complex implementation of ERP at HCCâ€™s hydroelectric projects under construction at altitudes of more than 11,000 feet in Leh, Jammu and Kashmir, remains the highest location of SAP-ERP operations in the world.

The company is only Indian signatory member of the United Nationsâ€™ CEO Water Mandate, which involves water management projects at grass root levels.

Subsidiary companies

HCC Infrastructure Ltd, a wholly-owned subsidiary of HCC Ltd, is engaged in developing infrastructure projects in growing sectors such as transportation; namely roads, bridges.
HCC Real Estate Ltd (HREL) is a 100% subsidiary of Hindustan Construction Company Ltd. (HCC). With inherent skills and resources to develop and execute high-value projects within stringent compliances, HREL is helping build communities across India. HREL is proud to touch the lives of many.

Core Business:

HCC executes the construction of technically complex and high value projects across segments such as transportation, power, marine projects, oil and gas pipeline constructions, irrigation and water supply, utilities and urban infrastructure. These projects exhibit HCCâ€™s premier trademark -- which is quality, excellence, and precision, turning them into engineering and construction marvels in their respective categories.1) Hydro business Unit 2) Nuclear Power & Special projects Business Unit 3) EPC business Unit 4) Water Solution Business Unit and 5) Transportation Business Unit.

Milestones:

Feb 10, 2010: The company bags three contracts worth Rs 2,860 crore from National Highways Authority of India (NHAI)
Mar 04, 2010: Secures two orders worth Rs 299.36 crore from Hindalco Industries
Mar 12, 2010: HCC, in joint venture (JV) with Coastal Projects (CPP), secures orders worth Rs 197 crore from North Frontier Railway
May 06, 2010: Completes acquisition of 66% stake in Karl Steiner AG
May 13, 2010: Launch of Highbar Tech to tap IT opportunities in the Infra industry
May 25, 2010: Secures project from Nuclear Power Corp worth Rs 888 crore
June 08, 2010: Companyâ€™s arm signs MoU with Orascom Construction
June 10, 2010: The company sells its 74% stake in â€˜247Parkâ€™ to IL&FS Milestone Fund
June 25, 2010: Secures EPC contract from Himachal Pradesh Power Corporation
June 28, 2010: Wins contract worth of Rs 126 crore from Hindalco Inds
Aug 10, 2010: Secures Rs 121.86 crore worth order from Hindalco Inds
Aug 23, 2010: The companyâ€™s wholly-owned subsidiary HCC Infrastructure mulls entering airport operation and building business
Sept 09, 2010: HCC, CPPL bags tunnel work worth Rs 312.82 crore
Sept 24, 2010: The company bags Rs 660 crore worth order from GMR Hydro Power
Dec 06, 2010: Signs two agreements with VINCI affiliates to jointly work on power and infrastructure Projects
Jan 12, 2010: The company inks MoU with Gujarat government at the Vibrant Gujarat Summit for an investment of Rs 12000 crore
Jan 13, 2010: The company enters the renewable energy sector
Feb 02, 2010: Secures Rs 345.30 crore EPC contract from Sardar Sarovar Nigam

Awards & Achievements:-

FY2009 -- Infrastructure Leader of the Year to Ajit Gulabchand under Infrastructure Excellence Awards 2009 in association with CNBC TV18.
Best Concrete Structure Award for the year
2007-2008 -- To Gosikhurd Spillway Project, the award is conferred by the India Concrete Institute
Most Outstanding Bridge National Award for the year 2008 for the Bandra Worli Sea Link Project by an independent jury of bridge engineering experts from the Indian Institution of Bridge Engineers (IIBE).
FY2007 -- Golden Peacock Award for Excellence in Corporate Governance - 2007 conferred by the Institute of Directors (IOD), under the Chairmanship of Justice P N Bhagwati, former Chief Justice of India and Member of Human Rights Commission
Demo JAM - SAP Summit 2007: 1st prize for best innovation at handling Construction Aids (CONA) material in SAP implementation, etc.

Future Plan:

The companyâ€™s real estate subsidiary, HREL, is currently developing a state-of-the-art IT Park at Mumbai as well as free Indiaâ€™s largest Hill City, Lavasa, a three-hour drive away from Mumbai.