Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of HEC Infra Projects Ltd

About the Company - HEC Infra Projects Ltd

HEC Infra Projects Ltd. is a Public Limited Listed company incorporated on 06/10/2005 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45200GJ2005PLC046870 and registration number is 046870. Currently Company is involved in the business activities of Electrical installation. Company’s Total Operating Revenue is Rs. 43.72 Cr. and Equity Capital is Rs. 10.14 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Project Consultancy/TurnkeySigma-1 Corporates, Ahmedabad Gujarat 380054elect@hecproject.com
http://www.hecprojects.in
Management
NamePosition Held
Mr. Gaurang ShahManaging Director
Mrs. Rupal ShahExecutive Director
Mr. Rahul ShahExecutive Director
Mrs. Neetu JalanIndependent Director
Mrs. Dipika SoniIndependent Director
Mrs. Raina SinghIndependent Director

HEC Infra Projects Ltd. Share Price Update

Share PriceValue
Today₹76.70
Previous Day₹78.10

Basic Stock Data of HEC Infra Projects Ltd

Market Cap 90.8 Cr.
Current Price 89.6
High / Low106/27.0
Stock P/E17.9
Book Value 30.4
Dividend Yield0.00 %
ROCE7.04 %
ROE2.66 %
Face Value 10.0

Data Source: screener.in

HEC Infra Projects Ltd Quarterly Results

MonthMar 2016Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales59.358.8614.937.0810.447.7618.4511.938.8311.5019.4713.2615.27
Expenses54.907.7614.576.509.597.4817.5311.097.9910.5318.8212.4513.95
Operating Profit4.451.100.360.580.850.280.920.840.840.970.650.811.32
OPM %7.50%12.42%2.41%8.19%8.14%3.61%4.99%7.04%9.51%8.43%3.34%6.11%8.64%
Other Income0.550.090.480.100.100.080.470.080.090.101.070.090.08
Interest1.880.670.830.520.720.331.020.700.640.970.910.580.70
Depreciation0.140.060.040.060.060.060.060.060.070.050.040.060.06
Profit before tax2.980.46-0.030.100.17-0.030.310.160.220.050.770.260.64
Tax %35.57%10.87%666.67%30.00%29.41%33.33%-6.45%25.00%0.00%20.00%38.96%26.92%0.00%
Net Profit1.920.410.170.080.12-0.020.330.120.230.040.460.200.64
EPS in Rs1.900.410.170.080.12-0.020.330.120.230.040.450.200.63

HEC Infra Projects Ltd Quarterly Chart

HEC Infra Projects Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales57.2959.7160.46124.96115.9283.4882.2979.9939.2237.5443.7151.6859.50
Expenses54.0256.2956.39118.66109.3275.8274.3474.2236.0935.2441.0748.3755.75
Operating Profit3.273.424.076.306.607.667.955.773.132.302.643.313.75
OPM %5.71%5.73%6.73%5.04%5.69%9.18%9.66%7.21%7.98%6.13%6.04%6.40%6.30%
Other Income1.130.930.500.630.790.710.861.240.860.710.751.341.34
Interest2.492.672.792.873.133.213.564.052.992.622.603.233.16
Depreciation0.160.180.180.370.320.320.310.310.250.230.240.220.21
Profit before tax1.751.501.603.693.944.844.942.650.750.160.551.201.72
Tax %35.43%29.33%36.88%33.06%35.28%34.71%32.19%26.04%28.00%-93.75%9.09%34.17%
Net Profit1.131.071.022.472.553.163.341.950.540.310.510.791.34
EPS in Rs3.233.061.463.342.523.133.311.930.530.310.500.781.32
Dividend Payout %9.29%9.81%20.59%6.03%7.96%6.42%6.08%0.00%0.00%0.00%0.00%0.00%

HEC Infra Projects Ltd Profit & Loss Yearly Chart

HEC Infra Projects Ltd Growth

Compounded Sales Growth
10 Years:-1%
5 Years:-9%
3 Years:10%
TTM:28%
Compounded Profit Growth
10 Years:-3%
5 Years:-25%
3 Years:14%
TTM:606%
Stock Price CAGR
10 Years:%
5 Years:30%
3 Years:%
1 Year:191%
Return on Equity
10 Years:7%
5 Years:3%
3 Years:2%
Last Year:3%

HEC Infra Projects Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.700.701.401.492.032.032.032.032.032.0310.1410.1410.14
Reserves7.498.518.6910.8418.0020.9224.2625.9726.5026.8119.2220.0120.68
Preference Capital0.090.090.090.000.000.000.000.000.000.000.000.00
Borrowings18.8521.7926.4623.9817.3622.6626.0428.6131.2731.1135.1331.3036.39
Other Liabilities16.1615.0219.8343.3428.7426.0840.1034.6125.7724.3217.4123.3512.61
Total Liabilities43.2046.0256.3879.6566.1371.6992.4391.2285.5784.2781.9084.8079.82
Fixed Assets3.363.203.162.992.732.522.442.242.222.192.021.931.82
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.680.000.000.000.000.000.000.000.000.00
Other Assets39.8442.8253.2275.9863.4069.1789.9988.9883.3582.0879.8882.8778.00
Total Assets43.2046.0256.3879.6566.1371.6992.4391.2285.5784.2781.9084.8079.82

HEC Infra Projects Ltd Reserves and Borrowings Chart

HEC Infra Projects Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5.780.244.285.90-1.6910.80-1.75-4.06-4.561.63-3.568.41
Cash from Investing Activity -0.290.39-0.260.040.250.240.080.210.040.070.260.20
Cash from Financing Activity -4.43-1.97-3.76-5.331.90-8.071.542.893.88-1.441.95-8.39
Net Cash Flow1.06-1.340.260.610.452.96-0.12-0.96-0.630.26-1.350.22

HEC Infra Projects Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days160.30168.59143.2077.0595.97145.60217.25140.82261.61296.36242.58212.66
Inventory Days30.2229.4940.5779.1923.3421.9547.6967.87299.33229.13230.70246.82
Days Payable128.83123.08156.66165.81118.80177.08264.68248.24484.96372.26254.69361.87
Cash Conversion Cycle61.6875.0027.12-9.560.50-9.540.27-39.5575.97153.23218.5997.61
Working Capital Days96.27125.07151.3564.9974.62102.14134.93181.75440.38468.06454.52350.03
ROCE %18.07%14.32%12.96%17.98%19.24%19.40%17.19%12.08%6.43%4.64%5.05%7.04%

HEC Infra Projects Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

HEC Infra Projects Ltd ROCE Trend

HEC Infra Projects Ltd EPS Trend

HEC Infra Projects Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.780.511.532.659.63
Diluted EPS (Rs.)0.780.511.532.659.63
Cash EPS (Rs.)0.990.732.683.9011.18
Book Value[Excl.RevalReserv]/Share (Rs.)29.7328.95142.24140.72138.06
Book Value[Incl.RevalReserv]/Share (Rs.)29.7328.95142.24140.72138.06
Revenue From Operations / Share (Rs.)51.0343.13185.22193.48394.96
PBDIT / Share (Rs.)4.593.3514.8519.6933.97
PBIT / Share (Rs.)4.373.1213.6918.4532.42
PBT / Share (Rs.)1.190.550.793.6912.45
Net Profit / Share (Rs.)0.770.501.522.659.63
PBDIT Margin (%)8.987.778.0110.178.59
PBIT Margin (%)8.567.227.399.538.20
PBT Margin (%)2.321.280.421.903.15
Net Profit Margin (%)1.521.160.821.372.43
Return on Networth / Equity (%)2.611.731.071.886.97
Return on Capital Employeed (%)8.586.095.878.3916.11
Return On Assets (%)0.920.620.360.622.14
Long Term Debt / Equity (X)0.700.750.630.550.44
Total Debt / Equity (X)0.971.141.031.070.99
Asset Turnover Ratio (%)0.620.520.440.440.87
Current Ratio (X)2.342.532.101.891.58
Quick Ratio (X)1.862.011.701.511.39
Interest Coverage Ratio (X)1.441.311.151.331.70
Interest Coverage Ratio (Post Tax) (X)1.241.201.051.181.48
Enterprise Value (Cr.)55.9466.0849.5750.5650.28
EV / Net Operating Revenue (X)1.081.511.321.290.62
EV / EBITDA (X)12.0319.4316.4712.667.30
MarketCap / Net Operating Revenue (X)0.560.800.630.610.33
Price / BV (X)0.971.200.830.840.96
Price / Net Operating Revenue (X)0.560.800.630.610.33
EarningsYield0.020.010.010.020.07

HEC Infra Projects Ltd Profitability Ratios (%)

HEC Infra Projects Ltd Liquidity Ratios

HEC Infra Projects Ltd Liquidity Ratios (%)

HEC Infra Projects Ltd Interest Coverage Ratios (%)

HEC Infra Projects Ltd Valuation Ratios

Fair Value of HEC Infra Projects Ltd Stock

Fair Value: ₹14.76

The stock is overvalued by 83.52% compared to the current price ₹89.6

*Investments are subject to market risks

Strength and Weakness of HEC Infra Projects Ltd Stock

StrengthWeakness
  1. The company has higher reserves (18.30 cr) compared to borrowings (0.02 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (68.90 cr) and profit (2.25 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 14.41 and average Dividend Yield of 1.81%.
  2. The stock has a low average ROCE of 12.87%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 220.34, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 54.28, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in HEC Infra Projects Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE