| Market Cap | ₹129.59 CrSmall Cap |
|---|---|
| Revenue TTM | ₹176.49 CrAnnual Operating |
| PE TTM | 10.3Sector PE 35.92 |
| Order from | MIS Stellar Manufacturers Private Limited |
| Execution period | 4 months |
| Deal value | ₹34.82 Cr |
| Share of market cap | 26.9% |
| Share of annual revenue | 19.7% |
Key highlights
- Order valued at ₹34.82 crore from M/S Stellar Manufacturers Private Limited
- Scope includes end-to-end design, engineering, supply, and commissioning of electrical packages
- Project located at Fanidhar Food Park, Mudarda Village, Mehsana, Gujarat
- Execution timeline set at 4 months from the date of award
- Contract value represents approximately 19.7% of the company's TTM operating revenue
Project Scope and Timeline
HEC Infra Projects Limited has secured a domestic work order worth ₹34.82 crore from M/S Stellar Manufacturers Private Limited. The contract involves the design, engineering, supply, erection, testing, and commissioning of an electrical package. The infrastructure will be established at Mudarda Village within the Fanidhar Food Park in Mehsana, Gujarat.
This comprehensive project includes both material supply and on-site erection services. The company is required to execute the entire project within a strict four-month timeline, demonstrating the firm's capacity for rapid mobilization and technical deployment in the industrial electrical segment.
Client and Regional Strategic Context
The client, Stellar Manufacturers Private Limited, is expanding its manufacturing footprint at the Fanidhar Food Park, a dedicated hub for food processing industries in Gujarat. By securing this contract, HEC Infra Projects reinforces its specialization in providing complex electrical infrastructure for industrial facilities. The project’s location in Mehsana aligns with the company's strong operational base in Gujarat, allowing for optimized logistics and resource utilization.
This award underscores the company's ability to cater to private sector requirements for specialized engineering, procurement, and construction packages within highly integrated industrial zones.
Operational and Strategic Impact
- The ₹34.82 crore contract provides significant short-term revenue visibility and bolsters the current year's order book.
- Rapid four-month execution facilitates efficient capital recycling and validates the company's operational agility.
- Securing private sector work balances the project portfolio alongside existing government and public department contracts.
- The project serves as a technical benchmark for bidding on similar high-value electrical infrastructure works across other Indian states.
Financial Health and Sector Dynamics
HEC Infra Projects maintains a solid financial position within the construction and engineering sector, evidenced by a Piotroski score of 7 and a trailing twelve-month revenue of ₹176.49 crore. With a PE ratio of 10.3, the company trades at a significant discount to the broader industry average of 34.75. High promoter holding of 74.93% indicates strong management confidence in the company's trajectory.
The engineering sector continues to benefit from industrial capital expenditure and specialized infrastructure development like food parks, providing sustained demand for experienced electrical consultants and contractors.
“With the huge opportunities that lie ahead in this field, this order will help us to bring our company to the next level. The company is planning for bidding similar kinds of the projects in future with private and government departments in other states also.”
| Share price | ₹119.57 |
|---|---|
| Market capitalisation | ₹129.59 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) | 10.3×Sector 35.92× |
| 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 work order worth ₹34.82 crore from M/S Stellar Manufacturers Private Limited. Market figures from a third-party data provider.
