HCCNSEHindustan Construction Company Limited· ConstructionHighNeutral
Announced Thu, 8 May · 18:11 IST

Hindustan Construction Company Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2025.

Qualified OpinionEmphasis Of MatterRevenue DeclineEbitda Margin ExpansionExceptional ItemAuditor Mid Year ChangeResults View source PDF

HCC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HCC reported standalone Q4 FY25 net profit of ~Rs 228.3 crore, a sharp jump from ~Rs 38.8 crore in Q4 FY24, but full-year FY25 net profit fell to ~Rs 84.9 crore from ~Rs 178.6 crore in FY24. Standalone revenue declined to ~Rs 4,801 crore in FY25 from ~Rs 5,043 crore, and consolidated revenue dropped to ~Rs 5,603 crore partly due to the divestment of Swiss subsidiary Steiner AG. EBITDA margins expanded significantly to 31% in Q4 FY25 (vs 15% in Q4 FY24) and 19.4% for FY25 (vs 13.6%). Order book stood at ~Rs 11,852 crore, with the company securing new contracts worth ~Rs 5,693 crore during the year and emerging as lowest bidder in projects worth ~Rs 3,513 crore. The company raised ~Rs 350 crore via a Rights Issue in April 2024 and ~Rs 600 crore via a QIP in December 2024, using proceeds to prepay debt and improve liquidity.

Likely market impact

Positive near-term momentum from strong Q4 profit and margin expansion, but the full-year profit decline and continued audit qualifications on subsidiary investments and deferred tax assets may keep investor sentiment cautious. Improved debt-equity ratio (0.79x vs 1.92x) and strong order pipeline support the long-term outlook.