HECPROJECTNSEHEC Infra Projects LimitedMediumNeutral
Announced Thu, 28 May · 17:23 IST

HEC Infra Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctAuditor Mid Year ChangeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-6.0%1-day move
₹133.00
prior close
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AI summary

HEC Infra Projects Limited reported strong revenue growth for FY 2025-26 with total income of Rs 17,803.10 lakhs, up 57% from Rs 11,315.22 lakhs in the previous year. Profit After Tax (PAT) grew 35% to Rs 5,388.36 lakhs from Rs 3,995.63 lakhs. Earnings Per Share improved from Rs 9.08 to Rs 11.63. The auditor KDN & Associates LLP issued an unmodified (clean) opinion on the financial statements. The company also disclosed a change in secretarial auditor, appointing M/s Kashyap R. Mehta & Partners to fill a casual vacancy caused by the resignation of M/s Nishant Pandya & Associates. Trade receivables increased significantly from Rs 2,679.57 lakhs to Rs 4,878.15 lakhs, and net cash from operating activities was only Rs 35.04 lakhs despite higher profits.

Likely market impact

Positive signal for shareholders with strong profit growth, though the large increase in trade receivables and weak operating cash flow relative to profits may raise concerns about revenue quality and working capital management.