HVAX Technologies logo

HVAX Technologies share price

NSE: HVAXConstruction

Last close ₹673.00down ₹34.00 (4.81%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹707.00.

52-week range of traded prices to 23 Oct 2026
₹585.20Low, 3 Jul 2026₹929.00High, 17 Nov 2025
Market cap
₹187 Cr
P/E
13.1
P/B
2.2
Dividend yield
Nonein the last 12 months
ROE
18.0%
Debt to equity
0.47
Volume, NSE
150100.0% delivered

Share price

Daily closes since Oct 2024, adjusted for splits and bonuses

−25.2%over a year · Nifty SME EMERGE −9.7% · Nifty 500 −9.8%

Results20-session average 2,318 shares a day, 90.1% delivered

Results

Standalone, as consolidated accounts are on record for only 1 of the last ten years; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 11 Aug

Revenue
₹100 Crup 64.22%
Net profit
₹9.38 Crup 90.59%
Net margin
9.4%

Revenue by year

Peak revenue ₹160 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Mar 2025Filed 17 MaySep 2025Filed 13 NovMar 2026Filed 11 Aug
Revenue46.484.760.699.6
Net profit3.87.24.99.4
Net margin8.3%8.5%8.1%9.4%
Standalone. The 4 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Project Contractor, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit. 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 29% of 195 trading days over the last year.

LowestHighest
Its median16.2Industry median13.1
Price to book

At or below today's level on 29% of 195 trading days over the last year.

LowestHighest
Its median2.6Industry median1.4

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+33.8%+29.5%+3.3%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

  • Promoters66.65%
  • Foreign institutions8.90%
  • Indian institutions1.08%
  • Individuals and others23.38%
Holder
NIRBHAYNARAYAN SUDARSHAN SINGHPromoter33.32%
PRAYAGDATT V MISHRAPromoter33.32%
FIVEX CAPITAL VCC - FIVEX EMERGING STAR FUNDForeign portfolio investors, category I8.90%
CRAFT EMERGING MARKET FUND PCC- CITADEL CAPITAL FUForeign companies3.37%
CRAFT EMERGING MARKET FUND PCC-ELITE CAPITAL FUNDForeign companies3.37%
SANTOSHKUMAR ARJUN SINGHResident individuals, over ₹2 lakh at face value1.39%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 5,61,000 of its 27,76,875 shares locked in.

Peers and competitors

Civil Construction, 170 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to HVAX Technologies in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Infrax Renewable logoInfrax RenewableINFRAX209–––––––0.00%
Telge Projects logoTelge ProjectsTELGE208–5.0–––––0.00%
Madhav Infra Projects logoMadhav Infra ProjectsMADHAVIPL1897.20.84.1−20.2%−1.2%11.6%12.7%0.00%
Pratham EPC Projects logoPratham EPC ProjectsPRATHAM18730.42.1–+17.9%−55.1%7.4%–0.00%
Current Infraprojects logoCurrent InfraprojectsCURRENT17012.12.1–––17.6%–0.00%
Refex Renewables & Infrastructure logoRefex Renewables & InfrastructureREFEXRENEW163––21.6+7.8%––2.5%0.00%
Srinibas Pradhan Constructions logoSrinibas Pradhan ConstructionsSPCON15719.13.8–––20.0%–0.00%
Niraj Cement Structurals logoNiraj Cement StructuralsNIRAJ1446.10.58.8+6.3%–9.3%5.6%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.

Latest announcements

Routine notices left out.Share news and announcements

HVAX Technologies share price by year

Each calendar year to 2025.HVAX Technologies share price history

YearClose at year endChangeHighest closeLowest close
2025835.00+29.2%1,017.00557.00
2024646.15–703.45482.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 7 Oct 2024.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026673.00673.00673.00673.00673.00150100.0%
22 Oct 2026735.00735.00707.00707.00729.211,20087.5%
21 Oct 2026710.00715.00700.00700.00707.44750100.0%
19 Oct 2026720.00735.00720.00723.00724.0490050.0%
16 Oct 2026805.00805.00755.25757.00780.022,25080.0%
15 Oct 2026735.00797.85733.00795.00782.7010,35092.8%
14 Oct 2026705.00766.50705.00760.00757.863,00085.0%
13 Oct 2026703.00735.10700.00730.00721.841,05085.7%
12 Oct 2026700.00725.00681.00700.10686.5510,20098.5%
9 Oct 2026710.00710.00710.00710.00710.00600100.0%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
HVAX Technologies Limited
NSE symbol
HVAX
ISIN
INE0TO501019
Industry
Construction
Listed
Oct 2024
Face value
₹10