BSE: 0 | NSE: HECPROJECT | Engineering - Construction | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that HEC Infra Projects Ltd is a average quality company.
The key valuation ratios of HEC Infra Projects Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of HEC Infra Projects Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 18% | 19.2% | 19.4% | 17.3% | 12.1% | 6.4% | 4.6% | 5.1% | 7% | 13.3% | - |
| Value Creation Index ⓘ | 0.3 | 0.4 | 0.4 | 0.2 | -0.1 | -0.5 | -0.7 | -0.6 | -0.5 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 125 | 116 | 84 | 82.6 | 80.1 | 39.2 | 37.6 | 43.7 | 51.7 | 73.8 | 83 |
| Sales YoY Gr. | - | -7.3% | -27.6% | -1.6% | -3.1% | -51% | -4.3% | 16.4% | 18.3% | 42.6% | - |
| Adj EPS ⓘ | 3.3 | 2.5 | 3.1 | 3.2 | 2 | 0.5 | 0.3 | 0.5 | 0.8 | 2.5 | 6 |
| YoY Gr. | - | -23.8% | 23.3% | 3.9% | -37% | -74% | -41.5% | 61.3% | 56% | 219.2% | - |
| BVPS (₹) ⓘ | 16.6 | 19.8 | 22.6 | 25.9 | 27.6 | 28.1 | 28.4 | 29 | 29.7 | 34.4 | 36.4 |
| Adj Net Profit ⓘ | 2.5 | 2.6 | 3.2 | 3.3 | 2.1 | 0.5 | 0.3 | 0.5 | 0.8 | 2.5 | 6 |
| Cash Flow from Ops. ⓘ | 5.9 | -1.7 | 10.8 | -1.8 | -4.1 | -4.6 | 1.6 | -3.6 | 6.9 | 7 | - |
| Debt/CF from Ops. ⓘ | 4.1 | -10.3 | 2.1 | -14.9 | -7.1 | -6.9 | 19.1 | -9.9 | 4.5 | 4.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -5.7% | -1.6% | 25.3% | 42.6% | ||||
| Adj EPS ⓘ | -3.2% | 4.1% | 100.3% | 219.2% | ||||
| BVPSⓘ | 8.5% | 4.5% | 6.6% | 15.7% | ||||
| Share Price | - | 2% | 48.3% | 150.4% | ||||
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 % ⓘ | 22 | 15.8 | 14.7 | 13.4 | 7.6 | 1.9 | 1.1 | 1.8 | 2.7 | 7.8 | 17 |
| Op. Profit Mgn % ⓘ | 5 | 5.7 | 9.1 | 9.6 | 7.6 | 8 | 6.1 | 6 | 6.4 | 7.1 | 6.6 |
| Net Profit Mgn % ⓘ | 2 | 2.2 | 3.8 | 4 | 2.6 | 1.4 | 0.8 | 1.2 | 1.5 | 3.4 | 7.3 |
| Debt to Equity ⓘ | 1.9 | 0.9 | 1 | 1 | 1 | 1.1 | 1.1 | 1.2 | 1 | 0.9 | 0.8 |
| Working Cap Days ⓘ | 183 | 212 | 270 | 327 | 385 | 763 | 766 | 648 | 554 | 361 | 115 |
| Cash Conv. Cycle ⓘ | 24 | -16 | 19 | 54 | 42 | 128 | 163 | 174 | 173 | 83 | 68 |
Return on Equity has increased versus last 3 years average to 17.00%
Sales growth is growing at healthy rate in last 3 years 25.26%
Net Profit is growing at healthy rate in last 3 years 100.27%
Debt to equity has declined versus last 3 years average to 0.87
Sales growth is good in last 4 quarters at 40.12%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 6 | - |
| TTM Sales (₹ Cr.) | 83.3 | - |
| BVPS (₹.) ⓘ | 36.4 | - |
| Reserves (₹ Cr.) ⓘ | 27 | - |
| P/BV ⓘ | 3.58 | - |
| PE ⓘ | 21.66 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 132 |
| Equity (₹ Cr.) | 10.1 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 35.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 125 | 116 | 84 | 83 | 80 | 39 | 38 | 44 | 52 | 74 |
| Operating Expenses ⓘ | 119 | 109 | 76 | 75 | 74 | 36 | 35 | 41 | 48 | 69 |
| Manufacturing Costs | 17 | 13 | 17 | 17 | 15 | 11 | 8 | 8 | 21 | 27 |
| Material Costs | 93 | 86 | 51 | 52 | 51 | 19 | 24 | 25 | 23 | 36 |
| Employee Cost | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 |
| Other Costs ⓘ | 6 | 8 | 6 | 3 | 4 | 2 | 1 | 5 | 1 | 3 |
| Operating Profit ⓘ | 6 | 7 | 8 | 8 | 6 | 3 | 2 | 3 | 3 | 5 |
| Operating Profit Margin (%) | 5.0% | 5.7% | 9.1% | 9.6% | 7.3% | 8.0% | 6.1% | 6.0% | 6.4% | 7.1% |
| Other Income ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Interest ⓘ | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 2 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 4 | 4 | 5 | 5 | 3 | 1 | 0 | 1 | 1 | 7 |
| Tax ⓘ | 1 | 1 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 2 |
| Profit After Tax | 2 | 3 | 3 | 3 | 2 | 1 | 0 | 1 | 1 | 5 |
| PAT Margin (%) | 2.0% | 2.2% | 3.8% | 4.0% | 2.4% | 1.4% | 0.8% | 1.2% | 1.5% | 6.4% |
| Adjusted EPS (₹) | 3.3 | 2.5 | 3.1 | 3.3 | 1.9 | 0.5 | 0.3 | 0.5 | 0.8 | 4.7 |
| Dividend Payout Ratio (%) | 6% | 8% | 6% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 12 | 20 | 23 | 26 | 28 | 29 | 29 | 29 | 30 | 35 |
| Share Capital ⓘ | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 10 | 10 | 10 |
| Reserves ⓘ | 11 | 18 | 21 | 24 | 26 | 27 | 27 | 19 | 20 | 25 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 23 | 17 | 22 | 26 | 28 | 30 | 30 | 33 | 29 | 29 |
| Long Term Debt | 5 | 4 | 5 | 9 | 13 | 16 | 18 | 22 | 21 | 25 |
| Short Term Debt | 18 | 13 | 18 | 17 | 15 | 15 | 11 | 11 | 8 | 5 |
| Trade Payables | 42 | 28 | 25 | 38 | 34 | 26 | 24 | 17 | 23 | 10 |
| Others Liabilities ⓘ | 2 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 2 | 5 |
| Total Liabilities ⓘ | 80 | 66 | 72 | 92 | 91 | 86 | 84 | 82 | 85 | 79 |
Fixed Assets | ||||||||||
| Gross Block | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 4 |
| Accumulated Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Net Fixed Assetsⓘ | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 20 | 5 | 3 | 7 | 9 | 16 | 15 | 16 | 16 | 10 |
| Trade Receivables | 26 | 30 | 33 | 49 | 31 | 28 | 30 | 29 | 32 | 15 |
| Cash Equivalents | 2 | 3 | 6 | 5 | 4 | 4 | 4 | 3 | 3 | 11 |
| Others Assetsⓘ | 27 | 25 | 27 | 29 | 44 | 36 | 33 | 33 | 32 | 41 |
| Total Assets ⓘ | 80 | 66 | 72 | 92 | 91 | 86 | 84 | 82 | 85 | 79 |
| 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 ⓘ | 6 | -2 | 11 | -2 | -4 | -5 | 2 | -4 | 7 | 7 |
| PBT ⓘ | 4 | 4 | 5 | 5 | 3 | 1 | 0 | 1 | 1 | 7 |
| Adjustment ⓘ | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | -2 |
| Changes in Working Capital ⓘ | 1 | -7 | 5 | -8 | -9 | -7 | -1 | -6 | 3 | 4 |
| Tax Paid ⓘ | -1 | -1 | -2 | -2 | -1 | 0 | 0 | 0 | 0 | -2 |
| Cash Flow From Investing Activity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -5 | 2 | -8 | 2 | 3 | 4 | -1 | 2 | -7 | -2 |
| Net Proceeds from Shares ⓘ | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -3 | -3 | -3 | -4 | -4 | -3 | -3 | -3 | -3 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -2 | 0 | -5 | 5 | 7 | 7 | 1 | 5 | -4 | -1 |
| Net Cash Flow ⓘ | 1 | 0 | 3 | 0 | -1 | -1 | 0 | -1 | 0 | 9 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 22.05 | 15.76 | 14.72 | 13.57 | 7.2 | 1.9 | 1.08 | 1.77 | 2.65 | 14.51 |
| ROCE (%) | 17.99 | 19.2 | 19.4 | 17.34 | 12.07 | 6.43 | 4.64 | 5.07 | 7.04 | 13.34 |
| Asset Turnover Ratio | 1.84 | 1.59 | 1.22 | 1.01 | 0.87 | 0.44 | 0.44 | 0.53 | 0.62 | 0.9 |
| PAT to CFO Conversion(x) | 3 | -0.67 | 3.67 | -0.67 | -2 | -5 | N/A | -4 | 7 | 1.4 | Working Capital Days |
| Receivable Days | 73 | 89 | 139 | 182 | 182 | 274 | 285 | 248 | 215 | 116 |
| Inventory Days | 36 | 40 | 19 | 22 | 37 | 117 | 149 | 127 | 111 | 64 |
| Payable Days | 119 | 149 | 189 | 219 | 260 | 569 | 383 | 306 | 315 | 168 |
HEC Infra Projects 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. The company is an Electro-Mechanical Contracting firm undertaking Turn-key as well as EPC Projects. The company is in the field of execution for all kind of Electro - Mechanical contracting work. It possesses all the necessary skills & expertise for all kind of Electro-Mechanical contract work right from L.V. system to 220KV switchyards and from water distribution to automated water pumping stations, complete with engineering, procurement and construction activities. It has associated concerns wherein complete range of L.T. and H.T. Electrical Panel Boards are manufactured.
It provides wide range of services in the field of Electrical Engineering for H.T. and L.T. power installation. It has worked for many projects (upto 220KV) catering across industries such as Steel, Chemical, Cement, Refineries, Petrochemicals, Gas & Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Commercial Centers, Banks, Malls, Multiplexes, Call Centers, Software Park & SEZ. The company has successfully executed different project orders related to Lighting Installation, Computer Networking, Fire Alarm System, Door Access Control, CCTV Control, and Public Address System including Building Management System. Also having wide experience in Mechanical & Instrumentation work related to water management segment including wireless telemetry based centralized SCADA system for monitoring & controlling of different locations.
The company has its own highly skilled, experienced and dedicated team of engineers and technicians, along-with required tools/tackles, machineries for handling any kind of challenging work. It has also established its service network setup fully equipped with required manpower and equipment to cater its client’s requirement of routine troubleshooting.
Business area of the company
HEC is an EPC (Engineering, Procurement and Construction) and SIRC (supply installation Testing & Commission) contractor in the field of Electrical engineering. The company is registered as a Class-I Composite Category with Central Public Works Department (CPWD). It has also been awarded contractor license from Gujarat Energy Transmission Corporation limited (GETCO) as Class - C Contractor and is a registered EPC Contractor with Indian Farmers Fertilizer Cooperative Limited (IFFCO).
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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