RKEC Projects Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of RKEC Projects Ltd?

RKEC Projects Ltd is trading at 29.50 as of 21 April 2026, with a FY2026-2027 high of 90.0 and low of 25.0. The stock is currently near its 52-week low. Market cap stands at 76.1 Cr..

Q: Is RKEC Projects Ltd financially healthy?

Key indicators: ROCE of 14.1 % is moderate. Dividend yield is 0.00 %.

Q: Is RKEC Projects Ltd profitable and how is the profit trend?

RKEC Projects Ltd reported a net profit of 20 Cr in Mar 2025 on revenue of 399 Cr. Compared to 6 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹59.74Undervalued by 102.51%vs CMP ₹29.50

P/E (8.0) × ROE (11.2%) × BV (₹81.40) × DY (2.00%)

₹105.01Undervalued by 255.97%vs CMP ₹29.50

MoS: +71.9% (Strong)Confidence: 63/100 (Moderate)Models: All 7: Undervalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹64.52	29%	Under (+118.7%)
Graham Number	Earnings	₹83.97	21%	Under (+184.6%)
Net Asset Value	Assets	₹81.02	9%	Under (+174.6%)
EV/EBITDA	Enterprise	₹118.62	12%	Under (+302.1%)
Earnings Yield	Earnings	₹38.50	9%	Under (+30.5%)
ROCE Capital	Returns	₹273.12	12%	Under (+825.8%)
Revenue Multiple	Revenue	₹154.67	7%	Under (+424.3%)
Consensus (7 models)		₹105.01	100%	Undervalued

Key Drivers: Wide model spread (₹39–₹273) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 8.0%

*Investments are subject to market risks

Analyst Summary

RKEC Projects Ltd operates in the Construction & Contracting segment, current market price is ₹29.50, market cap is 76.1 Cr.. At a glance, stock P/E is 8.03, ROE is 11.2 %, ROCE is 14.1 %, book value is 81.4, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹105.01, which is about 256.0% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹399 Cr versus the prior period change of 17.7%, while latest net profit is about ₹20 Cr with a prior-period change of 0.0%. This analysis page also carries profit and loss, shareholding pattern, ratio panels data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 90.0/25.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisRKEC Projects Ltd. is a Public Limited Listed company incorporated on 01/04/2005 and has its registered office in the State of Andhra Pradesh, India. Company's Corporate Identification Number(CIN) is L45200AP2005PLC045795 and registration number is 045795. Currently Company is in…

This summary is generated from the stock page data available for RKEC Projects Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

RKEC Projects Ltd scores 60/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health59/100 · Moderate

ROCE 14.1% GoodROE 11.2% AverageD/E 0.82 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 66.8% Stable

Earnings Quality60/100 · Moderate

OPM stable around 14% SteadyWorking capital: 57 days (improving) Efficient

Quarterly Momentum35/100 · Weak

Revenue (4Q): -39% YoY DecliningProfit (4Q): -58% YoY DecliningOPM: 21.0% (up 6.8% YoY) Margin expansion

Industry Rank100/100 · Strong

P/E 8.0 vs industry 32.2 Cheaper than peersROCE 14.1% vs industry 6.5% Above peersROE 11.2% vs industry 9.2% Above peers3Y sales CAGR: 24% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:35 am

Market Cap	76.1 Cr.
Current Price	29.5
Intrinsic Value	₹105.01
High / Low	90.0/25.0
Stock P/E	8.03
Book Value	81.4
Dividend Yield	0.00 %
ROCE	14.1 %
ROE	11.2 %
Face Value	10.0
PEG Ratio	1.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for RKEC Projects Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
RKEC Projects Ltd	76.1 Cr.	29.5	90.0/25.0	8.03	81.4	0.00 %	14.1 %	11.2 %	10.0
RPP Infra Projects Ltd	310 Cr.	62.5	179/54.8	8.31	112	0.80 %	20.1 %	13.9 %	10.0
PNC Infratech Ltd	4,422 Cr.	172	332/158	10.8	258	0.35 %	13.9 %	13.9 %	2.00
SKIL Infrastructure Ltd	19.3 Cr.	0.89	4.15/0.89	2.17	8.93	0.00 %	1.10 %	4.76 %	10.0
Ramky Infrastructure Ltd	3,158 Cr.	456	706/374	14.1	297	0.00 %	16.8 %	10.9 %	10.0
Industry Average	5,206.31 Cr	157.26		32.18	102.96	0.06%	6.53%	9.16%	7.10

All Competitor Stocks of RKEC Projects Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	97.82	98.87	38.47	45.19	117.30	140.12	84.67	76.84	118.98	118.52	76.07	31.03	32.65
Expenses	80.43	79.30	30.25	39.65	96.82	127.11	71.24	63.86	101.98	110.48	64.78	24.48	25.78
Operating Profit	17.39	19.57	8.22	5.54	20.48	13.01	13.43	12.98	17.00	8.04	11.29	6.55	6.87
OPM %	17.78%	19.79%	21.37%	12.26%	17.46%	9.28%	15.86%	16.89%	14.29%	6.78%	14.84%	21.11%	21.04%
Other Income	0.70	0.13	0.14	0.90	0.09	2.45	0.17	0.69	0.50	5.50	0.48	1.51	2.00
Interest	2.34	7.50	2.37	3.20	4.28	4.73	4.15	4.29	6.28	4.75	4.94	3.45	5.21
Depreciation	1.27	1.58	1.99	2.00	2.06	2.06	2.14	2.04	2.39	2.29	2.28	2.35	1.29
Profit before tax	14.48	10.62	4.00	1.24	14.23	8.67	7.31	7.34	8.83	6.50	4.55	2.26	2.37
Tax %	31.15%	99.34%	30.25%	28.23%	24.67%	37.02%	27.36%	22.75%	28.09%	58.15%	26.37%	24.34%	27.85%
Net Profit	9.98	0.07	2.80	0.89	10.72	5.45	5.31	5.66	6.35	2.71	3.35	1.71	1.71
EPS in Rs	4.16	0.03	1.17	0.37	4.47	2.27	2.21	2.36	2.65	1.13	1.40	0.66	0.66

Last Updated: March 3, 2026, 3:04 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 3:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	57	71	113	197	240	244	298	202	209	300	339	399	258
Expenses	48	61	100	169	201	201	229	171	184	246	290	346	226
Operating Profit	10	9	13	29	39	43	68	32	24	54	49	53	33
OPM %	17%	13%	12%	14%	16%	18%	23%	16%	12%	18%	14%	13%	13%
Other Income	1	1	1	3	1	1	-11	3	2	4	4	7	9
Interest	4	3	5	8	4	6	13	14	13	26	16	21	18
Depreciation	4	4	3	3	3	4	4	4	4	5	8	9	8
Profit before tax	2	3	5	20	33	35	41	17	9	27	28	30	16
Tax %	52%	36%	38%	36%	37%	30%	26%	27%	32%	55%	29%	33%
Net Profit	1	2	3	13	20	24	30	13	6	12	20	20	9
EPS in Rs	1.12	2.03	3.30	6.70	8.48	10.06	12.62	5.32	2.62	5.13	8.28	8.35	3.85
Dividend Payout %	-0%	-0%	-0%	22%	24%	20%	-0%	23%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	100.00%	50.00%	333.33%	53.85%	20.00%	25.00%	-56.67%	-53.85%	100.00%	66.67%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-50.00%	283.33%	-279.49%	-33.85%	5.00%	-81.67%	2.82%	153.85%	-33.33%	-66.67%

RKEC Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	19%
5 Years:	6%
3 Years:	24%
TTM:	1%

Compounded Profit Growth
10 Years:	26%
5 Years:	-13%
3 Years:	47%
TTM:	-19%

Stock Price CAGR
10 Years:	%
5 Years:	12%
3 Years:	8%
1 Year:	-44%

Return on Equity
10 Years:	16%
5 Years:	10%
3 Years:	11%
Last Year:	11%

Last Updated: September 5, 2025, 1:05 pm

Balance Sheet

Last Updated: December 4, 2025, 1:53 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	10	10	10	19	24	24	24	24	24	24	24	24	26
Reserves	11	13	16	17	51	72	96	109	112	125	144	164	183
Borrowings	20	10	15	0	15	50	70	111	149	116	150	212	190
Other Liabilities	27	23	72	77	60	89	133	116	73	120	112	169	180
Total Liabilities	68	56	112	113	150	235	322	359	359	385	430	569	578
Fixed Assets	17	15	12	11	14	20	33	55	52	54	53	103	98
CWIP	0	0	0	0	0	10	23	0	0	9	28	7	7
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	51	41	100	102	135	205	267	304	307	322	349	460	473
Total Assets	68	56	112	113	150	235	322	359	359	385	430	569	578

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	2	-10	25	20	-24	7	39	-36	12	16	17	11
Cash from Investing Activity +	0	-1	0	2	-4	-34	-37	4	-3	5	-31	-44
Cash from Financing Activity +	-2	-3	-6	-23	25	25	0	30	15	-41	13	37
Net Cash Flow	0	-13	19	-1	-2	-2	3	-2	25	-19	-1	4
Free Cash Flow	1	-11	24	20	-31	-2	9	-39	11	0	-9	-26
CFO/OP	36%	-90%	199%	86%	-32%	41%	72%	-99%	63%	57%	52%	40%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-10.00	-1.00	-2.00	29.00	24.00	-7.00	-2.00	-79.00	-125.00	-62.00	-101.00	-159.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	117	77	62	73	125	123	131	305	258	196	188	154
Inventory Days	226	212	386	123	52	191	239	337	302	269	272
Days Payable	288	130	156	112	142	321	311	314	199	216	191
Cash Conversion Cycle	54	158	292	85	35	-8	58	328	361	249	270	154
Working Capital Days	-89	13	-36	5	65	51	29	83	117	124	103	57
ROCE %	20%	17%	29%	70%	58%	35%	40%	14%	8%	19%	16%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	73.98%	73.98%	69.73%	67.30%	67.30%	67.30%	66.12%	64.27%	64.27%	64.27%	66.80%	66.80%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%	0.10%	0.30%	0.18%	0.11%	0.11%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.19%	0.00%	0.00%	0.00%	0.00%
Public	26.02%	26.02%	30.27%	32.70%	32.70%	32.70%	33.57%	35.44%	35.43%	35.55%	33.09%	33.09%
No. of Shareholders	6,081	6,557	6,999	10,036	12,278	11,917	12,080	13,297	13,018	12,671	12,858	12,992

Shareholding Pattern Chart

No. of Shareholders

RKEC Projects Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	8.35	8.32	5.18	2.97	5.32
Diluted EPS (Rs.)	8.35	8.32	5.18	2.97	5.32
Cash EPS (Rs.)	12.05	11.70	7.25	4.60	6.98
Book Value[Excl.RevalReserv]/Share (Rs.)	78.65	70.30	61.98	57.15	53.99
Book Value[Incl.RevalReserv]/Share (Rs.)	78.65	70.30	61.98	57.15	53.99
Revenue From Operations / Share (Rs.)	175.87	147.05	125.19	87.83	86.64
PBDIT / Share (Rs.)	24.31	21.23	19.36	11.00	13.73
PBIT / Share (Rs.)	20.61	17.85	17.29	9.37	12.07
PBT / Share (Rs.)	12.49	11.77	11.29	4.21	7.28
Net Profit / Share (Rs.)	8.35	8.32	5.18	2.97	5.32
NP After MI And SOA / Share (Rs.)	8.35	8.32	5.18	2.97	5.32
PBDIT Margin (%)	13.82	14.43	15.46	12.52	15.85
PBIT Margin (%)	11.72	12.13	13.80	10.66	13.93
PBT Margin (%)	7.10	8.00	9.01	4.78	8.39
Net Profit Margin (%)	4.74	5.65	4.13	3.37	6.14
NP After MI And SOA Margin (%)	4.74	5.65	4.13	3.37	6.14
Return on Networth / Equity (%)	10.61	11.83	8.35	5.19	9.85
Return on Capital Employeed (%)	22.59	20.26	21.48	11.99	21.19
Return On Assets (%)	3.45	4.28	2.82	1.93	3.38
Long Term Debt / Equity (X)	0.14	0.23	0.28	0.35	0.04
Total Debt / Equity (X)	1.04	0.82	0.74	1.00	0.82
Asset Turnover Ratio (%)	0.80	0.77	0.74	0.56	0.58
Current Ratio (X)	1.30	0.34	1.52	1.74	1.33
Quick Ratio (X)	0.73	0.34	1.03	1.33	0.94
Interest Coverage Ratio (X)	2.99	3.49	3.23	2.13	2.86
Interest Coverage Ratio (Post Tax) (X)	2.03	2.37	1.85	1.57	2.11
Enterprise Value (Cr.)	300.72	349.06	202.30	187.32	213.60
EV / Net Operating Revenue (X)	0.71	0.98	0.67	0.88	1.03
EV / EBITDA (X)	5.16	6.85	4.36	7.10	6.48
MarketCap / Net Operating Revenue (X)	0.36	0.71	0.39	0.55	0.69
Price / BV (X)	0.80	1.49	0.79	0.84	1.11
Price / Net Operating Revenue (X)	0.36	0.71	0.39	0.55	0.69
EarningsYield	0.13	0.07	0.10	0.06	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

RKEC Projects Ltd. is a Public Limited Listed company incorporated on 01/04/2005 and has its registered office in the State of Andhra Pradesh, India. Company's Corporate Identification Number(CIN) is L45200AP2005PLC045795 and registration number is 045795. Currently Company is involved in the business activities of Construction of other civil engineering projects. Company's Total Operating Revenue is Rs. 399.02 Cr. and Equity Capital is Rs. 23.99 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	10-12-1, Rednam Alcazar, Rednam Gardens, Vishakapatnam Andhra Pradesh 530002	Contact not found

Management
Name	Position Held
Mr. G Radhakrishna	Chairman
Mr. R Jayachandran	Managing Director
Mrs. G Parvathi Devi	Whole Time Director
Mr. G V Rama Mohan	Whole Time Director & COO
Vice Adm.(Retd) Satish Soni	Independent Director
Lt. Gen. (Retd.) P R Kumar	Independent Director
Mr. T Peter Lucas	Independent Director
Brig.(Retd) J Kameswara Rao	Independent Director
Mr. Sobhag Mal Jain	Independent Director

FAQ

What is the intrinsic value of RKEC Projects Ltd and is it undervalued?

As of 21 April 2026, RKEC Projects Ltd's intrinsic value is ₹105.01, which is 255.97% higher than the current market price of ₹29.50, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (11.2 %), book value (₹81.4), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of RKEC Projects Ltd?

RKEC Projects Ltd is trading at ₹29.50 as of 21 April 2026, with a FY2026-2027 high of ₹90.0 and low of ₹25.0. The stock is currently near its 52-week low. Market cap stands at ₹76.1 Cr..

How does RKEC Projects Ltd's P/E ratio compare to its industry?

RKEC Projects Ltd has a P/E ratio of 8.03, which is below the industry average of 32.18. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is RKEC Projects Ltd financially healthy?

Key indicators for RKEC Projects Ltd: ROCE of 14.1 % is moderate. Dividend yield is 0.00 %.

Is RKEC Projects Ltd profitable and how is the profit trend?

RKEC Projects Ltd reported a net profit of ₹20 Cr in Mar 2025 on revenue of ₹399 Cr. Compared to ₹6 Cr in Mar 2022, the net profit shows an improving trend.

Does RKEC Projects Ltd pay dividends?

RKEC Projects Ltd has a dividend yield of 0.00 % at the current price of ₹29.50. The company is currently not paying meaningful dividends.