| Market Cap | ₹138.78 CrMicro Cap |
|---|---|
| Revenue TTM | ₹176.49 CrOperating Income |
| ROE Annual | 19.16%Efficiency |
| Order from | M/S Bharat Petroleum Corporation Limited |
| Execution period | 9 months |
| Deal value | ₹48 Cr |
| Share of market cap | 34.6% |
| Share of annual revenue | 27.2% |
Key highlights
- Total order value stands at ₹48 crore awarded by Bharat Petroleum Corporation Limited
- Scope includes design, supply, and commissioning of a 66 kV Switchyard
- Project location is situated at Mudarda Village, Mehsana, Gujarat
- Execution timeline is fixed at 9 months from the date of the work order
- The contract pertains to the Capacity Augmentation Project of the Vadinar-Bina Crude Pipeline
What Is the Order?
HEC Infra Projects has successfully secured a domestic work order worth ₹48 crore from Bharat Petroleum Corporation Limited. The comprehensive project entails the design, engineering, supply, erection, testing, and commissioning of electrical package works for a 66 kV Switchyard. This infrastructure is a critical component of the Capacity Augmentation Project for the Vadinar-Bina Crude Pipeline.
Operations will be centered at Mudarda Village within the Fanidhar Food Park in Mehsana, Gujarat. The entire project is slated for completion within a nine-month window, reflecting an accelerated execution schedule for the electrical engineering firm.
Client Profile
Bharat Petroleum Corporation Limited, the awarding entity, is a Fortune 500 Maharatna Public Sector Undertaking and a dominant player in India's integrated energy landscape. As one of the country's leading oil and gas companies, BPCL operates extensive refining and marketing networks across the nation. Engaging with a state-owned enterprise of this scale provides HEC Infra Projects with a significant credential boost.
The successful acquisition of this contract from a prominent PSU underscores the company’s technical capability to handle complex high-voltage electrical infrastructure required for critical national energy pipelines.
Business Impact
- The order represents approximately 27% of the company's trailing twelve-month operating revenue of ₹176.49 crore
- Strengthens the firm's track record in the power transmission sector for future government and private tenders
- Enhances visibility for bidding on similar capacity augmentation projects across multiple Indian states
- Demonstrates the company's ability to secure large-scale domestic contracts without involvement from related parties
Financial Context
HEC Infra Projects currently maintains a market capitalization of ₹138.78 crore, positioning it within the micro-cap segment of the construction and engineering industry. The company reported annual operating revenue of ₹176.49 crore with a net profit of ₹12.6 crore, representing a 36.33% year-on-year growth in bottom-line performance. With a Price-to-Earnings ratio of 11.03, the stock trades at a significant discount compared to the industry average of 33.25.
The company's return on equity stands at a robust 19.16%, significantly higher than the sector average of 11.47%.
| Share price | ₹128.05 |
|---|---|
| Market capitalisation | ₹138.78 Cr |
| Revenue (annual) | ₹176.49 Cr |
| Net profit (annual) | ₹12.60 Cr |
| Revenue (latest quarter) | ₹50.73 Cr-11.54% vs previous quarter |
| Net profit (latest quarter) | ₹6.10 Cr+109.14% vs previous quarter |
| P/E (TTM) | 11.03×Sector 35.65× |
| Promoter holding | 74.93%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by HEC Infra Projects Limited announcing the receipt of a ₹48 crore work order from BPCL. Market figures from a third-party data provider.
