HEC Infra Projects logo

HEC Infra Projects share price

NSE: HECPROJECTConstructionSmall Cap

Last close ₹104.84down ₹2.83 (2.63%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹107.67.

52-week range of traded prices to 23 Oct 2026
₹92.10Low, 30 Mar 2026₹160.50High, 15 Apr 2026
Market cap
₹114 Cr2,717th largest listed
P/E
9.0
P/B
1.7
Dividend yield
Nonein the last 12 months
ROE
21.2%
ROCE
18.4%
Debt to equity
0.68
Volume, NSE
2,87366.9% delivered

Share price

Daily closes since Mar 2016, adjusted for splits and bonuses

−25.0%over a year

Results20-session average 4,165 shares a day, 71.3% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹31 Crdown 38.67%
Net profit
₹1.37 Crdown 77.58%
Net margin
4.4%

Revenue by year

Peak revenue ₹176 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 11 NovDec 2024Filed 8 FebMar 2025Filed 22 MayJun 2025Filed 1 AugSep 2025Filed 12 NovDec 2025Filed 7 FebMar 2026Filed 28 MayJun 2026Filed 14 Aug
Revenue20.027.546.527.940.557.450.731.1
Net profit1.21.45.71.32.22.96.11.4
Net margin6.1%5.2%12.2%4.8%5.5%5.1%12.0%4.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, EPC-ELECTRO MECHANICAL PROJECT, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 0.4% of 912 trading days over the last 5 years.

LowestHighest
Its median24.6Industry median13.1
Price to book

At or below today's level on 26% of 939 trading days since Nov 2022.

LowestHighest
Its median2.4Industry median1.4
EV to EBITDA7.0

At or below today's level on 0.3% of 939 trading days since Nov 2022.

LowestHighest
Its median19.1Industry median11.1

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+7.9%+36.3%−20.9%0.0%
3 years+48.9%+146.1%−39.5%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.93%
  • Individuals and others25.07%
Holder
GAURANG PARMANAND SHAHPromoter52.82%
RUPAL GAURANG SHAHPromoter11.23%
RAHUL GAURANG SHAHPromoter6.57%
PARAS ENGEN INDIA PRIVATE LIMITEDPromoter4.31%
NITIN MADHUKARBHAI PANDYAResident individuals, over ₹2 lakh at face value4.20%
MISHA ASHISH SHAHResident individuals, over ₹2 lakh at face value1.70%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 7,00,000 of its 1,08,38,160 shares locked in.

Peers and competitors

Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to HEC Infra Projects in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Desco Infratech logoDesco InfratechDESCO1217.41.7–––25.2%–0.00%
Jayant Infratech logoJayant InfratechJAYANT12114.32.0–−8.2%+0.4%15.4%–0.00%
Winsol Engineers logoWinsol EngineersWINSOL1198.31.9–+22.6%+35.6%25.4%–0.97%
Aesthetik Engineers logoAesthetik EngineersAESTHETIK11716.42.311.5+78.3%+24.9%15.0%14.0%0.00%
Mahendra Realtors & Infrastructure logoMahendra Realtors & InfrastructureMRIL1136.40.9–––14.3%–0.00%
Twamev Construction and Infrastructure logoTwamev Construction and InfrastructureTICL10915.40.356.3−24.9%−87.4%2.3%1.0%0.00%
BCPL Railway Infrastructure logoBCPL Railway InfrastructureBCPL10212.41.08.2+4.3%+39.4%8.7%10.0%1.64%
Giriraj Civil Developers logoGiriraj Civil DevelopersGIRIRAJ986.50.7–−1.7%−15.6%10.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.20 a share, years to Mar 2017 and Mar 2018.
Ex-dateTypePer share
19 Sep 2018Final₹1.00
21 Sep 2017Final₹1.00
16 Sep 2016Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

HEC Infra Projects share price by year

Each calendar year to 2025.HEC Infra Projects share price history

YearClose at year endChangeHighest closeLowest close
2025122.05+3.5%183.0686.26
2024117.95+29.5%160.5168.05
202391.05+58.2%100.8529.05
202257.55+76.5%57.5521.60
202132.60+37.8%42.0019.19
201923.65−16.7%28.9223.65
201828.40−2.0%39.0024.64
201728.98+74.7%28.9815.24
201616.59–22.7214.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 5 Apr 2021. 2017 is from its first session, 24 Jan 2017. 2016 is from its first session, 30 Mar 2016. The change in 2021 is on the close at the end of 2019, the last year before it with a trade. The 2019 close is its last trade, on 14 Nov 2019.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026113.00113.00102.20104.84105.342,87366.9%
22 Oct 2026111.29111.29106.10107.67107.524,54765.5%
21 Oct 2026110.00113.99108.00109.11110.013,69775.4%
19 Oct 2026113.00113.75110.50110.78111.532,52773.6%
16 Oct 2026114.00115.48111.65113.87113.361,38345.3%
15 Oct 2026110.35115.01110.35114.72114.145,29780.9%
14 Oct 2026110.62113.30110.60113.05112.222,71177.2%
13 Oct 2026113.91114.69110.00110.58111.355,75772.9%
12 Oct 2026114.29115.80111.11113.91113.601,43266.1%
9 Oct 2026111.00117.10111.00112.02114.5512,58274.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
7 Oct 2021Bonus0.2000Holders received 4 bonus shares for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
HEC Infra Projects Limited
NSE symbol
HECPROJECT
ISIN
INE558R01013
Industry
Construction
Listed
Mar 2016
Face value
₹10