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Last Updated on: 25 June, 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

Basic Stock Data of HEC Infra Projects Ltd

Last Updated: June 25, 2024, 10:39 pm

Market Cap 124 Cr.
Current Price 122
High / Low125/33.4
Stock P/E26.3
Book Value 34.4
Dividend Yield0.00 %
ROCE13.3 %
ROE14.5 %
Face Value 10.0
PEG Ratio0.46

HEC Infra Projects Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales8.8614.937.0810.447.7618.4511.938.8311.5019.4713.2615.2717.09
Expenses7.7614.576.509.597.4817.5311.097.9910.5318.8212.4513.9515.76
Operating Profit1.100.360.580.850.280.920.840.840.970.650.811.321.33
OPM %12.42%2.41%8.19%8.14%3.61%4.99%7.04%9.51%8.43%3.34%6.11%8.64%7.78%
Other Income0.090.480.100.100.080.470.080.090.101.070.090.083.01
Interest0.670.830.520.720.331.020.700.640.970.910.580.700.51
Depreciation0.060.040.060.060.060.060.060.070.050.040.060.060.05
Profit before tax0.46-0.030.100.17-0.030.310.160.220.050.770.260.643.78
Tax %10.87%666.67%30.00%29.41%33.33%-6.45%25.00%0.00%20.00%38.96%26.92%0.00%0.00%
Net Profit0.410.170.080.12-0.020.330.120.230.040.460.200.643.78
EPS in Rs0.410.170.080.12-0.020.330.120.230.040.450.200.633.73

Last Updated: June 6, 2024, 7:41 am

HEC Infra Projects Ltd Quarterly Chart

HEC Infra Projects Ltd Profit & Loss

Last Updated: May 29, 2024, 4:52 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales57.2959.7160.46124.96115.9283.4882.2979.9939.2237.5443.7151.6865.09
Expenses54.0256.2956.39118.66109.3275.8274.3474.2236.0935.2441.0748.3760.98
Operating Profit3.273.424.076.306.607.667.955.773.132.302.643.314.11
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%6.31%
Other Income1.130.930.500.630.790.710.861.240.860.710.751.344.25
Interest2.492.672.792.873.133.213.564.052.992.622.603.232.70
Depreciation0.160.180.180.370.320.320.310.310.250.230.240.220.21
Profit before tax1.751.501.603.693.944.844.942.650.750.160.551.205.45
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 Profit1.131.071.022.472.553.163.341.950.540.310.510.795.08
EPS in Rs3.233.061.463.342.523.133.311.930.530.310.500.785.01
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:2%
5 Years:-2%
3 Years:25%
TTM:43%
Compounded Profit Growth
10 Years:17%
5 Years:20%
3 Years:148%
TTM:497%
Stock Price CAGR
10 Years:%
5 Years:36%
3 Years:85%
1 Year:230%
Return on Equity
10 Years:8%
5 Years:5%
3 Years:7%
Last Year:15%

Last Updated: June 25, 2024, 5:09 pm

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days168.59143.2077.0595.97145.60217.25140.82261.61296.36242.58212.6674.39
Inventory Days29.4940.5779.1923.3421.9547.6967.87299.33229.13230.70246.82103.21
Days Payable123.08156.66165.81118.80177.08264.68248.24484.96372.26254.69361.8798.51
Cash Conversion Cycle75.0027.12-9.560.50-9.540.27-39.5575.97153.23218.5997.6179.10
Working Capital Days125.07151.3564.9974.62102.14134.93181.75440.38468.06454.52350.03219.47
ROCE %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

Fair Value: 133.81

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 9.68% compared to the current price 122

Intrinsic Value: 209.70

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 71.88% compared to the current price ₹122

Last 5 Year EPS CAGR: 56.72%

*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 (69.33 cr) and profit (2.54 cr) over the years.
  1. The stock has a low average ROCE of 11.36%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 230.61, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 55.73, which may not be favorable.

FAQ

What is the latest fair value of HEC Infra Projects Ltd?

The latest fair value of HEC Infra Projects Ltd is ₹133.81.

What is the Market Cap of HEC Infra Projects Ltd?

The Market Cap of HEC Infra Projects Ltd is 124 Cr..

What is the current Stock Price of HEC Infra Projects Ltd as on 25 June 2024?

The current stock price of HEC Infra Projects Ltd as on 25 June 2024 is ₹122.

What is the High / Low of HEC Infra Projects Ltd stocks in FY 2024?

In FY 2024, the High / Low of HEC Infra Projects Ltd stocks is 125/33.4.

What is the Stock P/E of HEC Infra Projects Ltd?

The Stock P/E of HEC Infra Projects Ltd is 26.3.

What is the Book Value of HEC Infra Projects Ltd?

The Book Value of HEC Infra Projects Ltd is 34.4.

What is the Dividend Yield of HEC Infra Projects Ltd?

The Dividend Yield of HEC Infra Projects Ltd is 0.00 %.

What is the ROCE of HEC Infra Projects Ltd?

The ROCE of HEC Infra Projects Ltd is 13.3 %.

What is the ROE of HEC Infra Projects Ltd?

The ROE of HEC Infra Projects Ltd is 14.5 %.

What is the Face Value of HEC Infra Projects Ltd?

The Face Value of HEC Infra Projects Ltd is 10.0.

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