MarketFriction

Hindustan Construction Company Ltd

NSE HCC · BSE 500185 · Civil Construction
₹20.23 -0.88%
NSE close2026-10-01
52 week range13.65 - 28.50
Market cap₹5,425 Cr.
P/E40.1
Microcap 250 Price band 20% Delivery 38.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,8331,4741,7731,8161,4071,0071,3741,091961925992993
Expenses1,5791,2361,8911,6641,1651,0901,085912815858821889
Operating Profit254239-118152242-8328817914667171105
OPM %14%16%-7%8%17%-8%21%16%15%7%17%11%
Other Income351997103346589182723763163
Interest25614616514615918311112212012310587
Depreciation28301826269022126556
Profit before tax5261410141022341737342159274
Tax %161%30%40%118%38%117%48%31%-13%48%36%31%
Net Profit-3182246-264-3990514885951
EPS in Rs-0.010.751.02-0.010.26-0.150.340.190.180.030.230.20
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8,5409,86710,13210,5449,4448,24810,6688,2707,0075,6033,9703,872
Expenses7,5009,1039,4019,7638,6007,8579,4807,7226,3364,9653,3303,384
Operating Profit1,0407647317818443911,188548671639639488
OPM %12%8%7%7%9%4.7%11%7%10%11%16%13%
Other Income126-37-105-452487-12261549797464880192
Interest1,2201,5431,5258088171,0011,0361,012813600469434
Depreciation2502062011771521361381281051642722
Profit before tax-304-1,022-1,100-657362-867628-94726523223224
Tax %76%-4%-1%-92%46%-30%10%-71%34%78%26%
Net Profit-537-983-1,090-50197-610563-28478113166166
EPS in Rs-2.42-3.15-3.37-0.210.81-2.522.33-0.121.980.430.630.64
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-7%-14%-22%-21%
Compounded Profit Growth9%20%34%366%
Stock Price CAGR-2%22%-2%-10%
Return on Equity%%%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6578101102151151151151151151182262
Reserves459-560-369-1,170-1,151-910-1,469-810-866-3207241,865
Borrowings11,8809,4959,7809,4564,1084,2534,7772,0185,5122,2231,6791,019
Other Liabilities6,6066,7187,5578,1987,8028,7079,32212,8358,3817,0055,5785,341
Total Liabilities19,01015,73017,06916,58610,91012,20012,78114,19413,1789,0598,1638,487
Fixed Assets4,4941,8651,7131,729575771866723623449242247
CWIP3,1351,6961,8901,7141691782101719
Investments2736014764171813564185979246110198
Other Assets11,10811,56812,99012,7269,98510,89511,49613,41112,4758,3647,8048,023
Total Assets19,01015,73017,06916,58610,91012,20012,78114,19413,1789,0598,1638,487
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity70287481,4411835383489471691134892
Cash from Investing Activity-843180-5971-5-18-83-208448536-90-365
Cash from Financing Activity-181-39746-1,336-312-514101-660-603-810109-697
Net Cash Flow-322-13134176-133536679-139-183153-170
Free Cash Flow-23214-1801,498158471287892-189171140825
CFO/OP54%8%9%200%37%71%60%87%2%19%22%140%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days262585891237319972119115156207
Inventory Days2,4428761,0938132832011791835292
Days Payable1,2481,0731,4511,1851,2291,3011,0931,0358411,405
Cash Conversion Cycle1,220-172-273-282-824-1,02719972-795-738-633-1,106
Working Capital Days-58-58-23-150-43-127-72-40-2422167
ROCE %8%7%6%7%12%29%11%50%16%21%25%25%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters18.59%18.59%18.59%18.59%18.59%16.72%16.72%16.72%16.72%16.81%16.72%16.18%
FIIs5.58%7.84%9.19%9.63%9.73%13.34%10.57%9.83%9.58%10.41%10.92%11.38%
DIIs9.52%9.38%8.19%6.55%5.97%7.50%6.85%6.83%6.79%4.76%4.11%3.70%
Public66.30%64.18%64.02%65.23%65.69%62.43%65.87%66.61%66.91%68.01%68.24%68.75%
No. of Shareholders3,82,8463,95,9145,03,5386,41,8346,81,4356,97,8467,30,2737,20,8897,10,2537,31,0087,25,1417,26,389

Fundamentals

Market Cap₹ 5,425 Cr.
Current Price₹ 20.7
Stock P/E40.1
Book Value₹ 8.12
ROCE24.8 %
ROE11.9 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-21%
Compounded Profit Growth (TTM)366%
Consolidated figures.
Valuation
Market capRs 5,299 Cr
Enterprise valueRs 5,860 Cr
P/E (TTM)31.95x
Price to book2.49x
Price to sales1.37x
EV / EBITDA8.61x
EV / EBIT8.90x
EV / sales1.51x
Price to cash flow5.94x
Earnings yield3.13%
P/E, 3-year average21.77x
P/B, 3-year average-5.95x
P/E, 5-year average17.18x
P/B, 5-year average-4.62x
Profitability
Operating margin (excl. other income)16.11%
Operating margin (incl. other income)18.13%
EBITDA margin17.57%
Pre-tax margin5.79%
Net profit margin4.28%
Net margin, latest quarter5.14%
ROE10.92%
ROCE24.16%
ROA1.99%
ROE, 3-year average-22.28%
ROCE, 3-year average39.17%
ROA, 3-year average2.53%
ROE, 5-year average-23.95%
ROCE, 5-year average43.29%
ROA, 5-year average2.31%
ROIC (approx.)18.18%
Tax rate25.77%
Other income / net worth3.78%
Growth
Sales growth (latest year)-29.16%
Profit growth (latest year)46.96%
Sales CAGR, 3 years-21.70%
Sales CAGR, 5 years-13.61%
Sales growth QoQ0.12%
Profit growth QoQ-13.34%
Sales growth YoY (latest quarter)-8.97%
Profit growth YoY (latest quarter)0.69%
Per share
EPS (TTM)Rs 0.63
EPS (latest year)Rs 0.63
EPS (latest quarter)Rs 0.20
EPS, 3-year averageRs 1.47
EPS, 5-year averageRs 1.59
Book value per shareRs 8.12
Sales per shareRs 14.78
Cash flow per shareRs 3.41
Free cash flow per shareRs 3.15
Efficiency
Asset turnover0.47x
Fixed asset turnover16.09x
Inventory turnover19.90x
Inventory days18 days
Debtor days207 days
Debtors turnover1.76x
Creditor days1405 days
Cash conversion cycle-1106 days
Working capital days7 days
Leverage
Total debtRs 1,019 Cr
Cash and bankRs 458 Cr
Net debtRs 561 Cr
Debt to equity0.48x
Net debt / EBITDA0.82x
Interest coverage1.52x
Current ratio (filing 2026-03-31)1.14x
Quick ratio (filing 2026-03-31)1.11x
Trade payables (filing 2026-03-31)Rs 2,027 Cr
Owners' fund to total sources25.06%
Debt to assets12.01%
Cash flow
Cash from Operating Activity (latest year)Rs 892 Cr
Cash from Investing Activity (latest year)Rs -365 Cr
Cash from Financing Activity (latest year)Rs -697 Cr
Net Cash Flow (latest year)Rs -170 Cr
Free cash flow (latest year)Rs 825 Cr
FCFE (approx.: FCF + change in debt)Rs 165 Cr
Cash from ops / profit, 5 years1.61x
Sales to cash flow4.45x
Statement figures
Net sales (TTM)Rs 3,872 Cr
Net sales (latest year)Rs 3,970 Cr
Sales (latest quarter)Rs 993 Cr
Operating profit excl. other income (latest year)Rs 639 Cr
Operating profit (latest quarter)Rs 105 Cr
Other income (TTM)Rs 192 Cr
EBITDA (TTM)Rs 680 Cr
PBDT (TTM)Rs 246 Cr
Profit before tax (TTM)Rs 224 Cr
Tax (latest year)Rs 57 Cr
Net profit (TTM)Rs 166 Cr
Net profit (latest year)Rs 166 Cr
Net profit (latest quarter)Rs 51 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 434 Cr
Cost of goods sold (latest year)Rs 2,644 Cr
Total expenditure (latest year)Rs 3,330 Cr
Total income (latest year)Rs 4,050 Cr
Share capitalRs 262 Cr
ReservesRs 1,865 Cr
Shareholders' fundsRs 2,127 Cr
Total assetsRs 8,487 Cr
Net blockRs 247 Cr
Capital work in progressRs 19 Cr
InvestmentsRs 198 Cr
ReceivablesRs 2,253 Cr
InventoryRs 133 Cr
Other liabilitiesRs 5,341 Cr
Shares outstanding (crore)261.95
Ownership
Promoter holding16.18% (-0.54 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 31.9 is at the 72th percentile of its own 4.4-year range (median 20.7, low 5.6, high 78.6).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodHCCNifty 50Difference
1 week-6.4%-2.8% -3.6 pts
1 month-13.4%-6.8% -6.6 pts
3 months-18.5%-7.6% -10.9 pts
6 months+47.3%+0.4% +46.9 pts
1 year-28.0%-9.9% -18.1 pts
2 years-54.7%-13.6% -41.1 pts
3 years-26.7%+14.2% -40.9 pts
5 years+111.8%+27.9% +83.9 pts
6 mutual fund schemes hold about ₹14 Cr. Over three months 6 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Nifty Microcap 250 Index Fund0.54%14 +6%
Groww Nifty Total Market Index Fund0.03%0 +10%
Angel One Nifty Total Market Index Fund0.03%0 +10%
Motilal Oswal BSE 1000 Index Fund0.03%0 +14%
Mirae Asset Nifty Total Market Index Fund0.03%0 +10%
Bandhan Nifty Total Market Index Fund0.03%0 +10%

Red flags

F-score 7 of 8
explainLow interest cover Interest cover 1.5x in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹993 Cr -9.0% vs Jun 2025. Net profit ₹51 Cr +0.0%.
Against our estimate for Jun 2026: sales +11.0%, profit +17.9% in line. Our estimate for Sep 2026: sales Rs 784 Cr, profit Rs 40 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-12-05Rights 277:630 @ Premium Rs 11.50/-
2024-09-10Annual General Meeting
2024-03-15Rights 13:118 @ Premium Rs 20/-
2023-08-23Annual General Meeting
2022-09-21Annual General Meeting
2021-09-15 Annual General Meeting
2020-12-16 Annual General Meeting
2019-09-18 Annual General Meeting
2018-11-20 Rights 49:100 @ Premium Rs 9/-
2018-07-04 Annual General Meeting
2017-06-28 Annual General Meeting
2016-07-05 Annual General Meeting
2015-07-08Annual General Meeting
2014-06-13Annual General Meeting
2013-06-12Annual General Meeting
2012-06-01Annual General Meeting
2011-05-30Annual General Meeting And Dividend Re.0.40 Per Share
2010-08-10Bonus 1:10.5000
2010-05-28Agm/Dividend Re.0.80 Per Share
2009-05-27Agm/Div-Re0.80 Per Share
2008-05-28Agm/Div-Re.0.80 Per Share
2007-05-25Agm/Div-Re.0.75 Per Sh
2006-05-24Agm/Div-Re.0.70 Per Sh
DateTypeWhat it says
2026-09-17General UpdatesGeneral Updates
2026-08-28Concall / analyst meetSchedule of meet
2026-08-18Issue of SecuritiesIssue of Securities
2026-08-18Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-08-18AppointmentAppointment of Mr Nakul Pasricha as Independent Director of the company w.e.f. July 10, 2026.
2026-08-18Shareholder meetingVoting results.
2026-08-18Shareholder meetingProceedings of Annual General Meeting held on August 18, 2026
2026-08-11Press ReleaseA press release dated August 11, 2026, titled "HCC secures Rs. 524 crore NHPC contract in J&K".
2026-08-10Concall / analyst meetTranscript
2026-08-06Concall / analyst meetPresentation
2026-08-06Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026
2026-08-06Board meeting outcomeHindustan Construction Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29Concall / analyst meetSchedule of meet
2026-07-24General UpdatesGeneral Updates
2026-07-24UpdatesBusiness Responsibility and Sustainability Report for the Financial Year 2025-26.
2026-07-24Shareholder meetingNotice of Annual General Meeting to be held on August 18, 2026
2026-07-17UpdatesThe 1 00th Annual General Meeting of the Members of the Company will be held on Tuesday, August 18, 2026 at 11:00 a.m..
2026-07-10AppointmentAppointment of Mr. Nakul Pasricha as Non- Executive Independent Director of the company w.e.f. July 10, 2026.
2026-06-30Credit RatingCredit Rating
2026-06-19Disclosure under SEBI TakeovHindustan Construction Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board ...
2026-06-05Press ReleaseA press release dated Jun 05, 2026, titled "HCC wins Rs.127 crore Bhutan hydro project contract".
2026-05-22DemiseDemise of Mr Mahendra Singh Mehta, Non- Executive Independent Director of the company on May 22, 2026.
2026-05-18Concall / analyst meetTranscript
2026-05-14Monitoring Agency ReportMonitoring Agency Report for the quarter ended March 31, 2026
2026-05-14Board meeting outcomeOutcome of Board Meeting held on May 14, 2026 for fund raising and increase in authorized share capital.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-01-22NCLTP P Pandey Infrastrukcture Pvt Ltd Vs Hindustan Construction Company Ltd
2021-01-15NCLTMagic Infraequipments Pvt. Ltd. Vs Hindustan Construction Company Ltd.
2020-12-01NCLTP P Pandey Infrastrukcture Pvt Ltd Vs Hindustan Construction Company Ltd
2020-03-02NCLTAshok Roadlines Vs Hindustan Construction Company Limited
2020-03-02NCLTAuskini Infraqp Pvt Ltd Vs Hindustan Construction Company Ltd
2019-02-04NCLTJCC India Pvt Ltd Vs Hindustan Construction Company Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Hindustan Construction Company Ltd?

Hindustan Construction Company Ltd (HCC) has a market capitalisation of Rs 5,425 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hindustan Construction Company Ltd?

Hindustan Construction Company Ltd trades at a P/E of 40.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hindustan Construction Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Hindustan Construction Company Ltd sales was Rs 993 Cr (-9.0% vs Jun 2025) and net profit was Rs 51 Cr.

What is the 52-week high and low of Hindustan Construction Company Ltd?

The 52-week high is Rs 28.50 and the 52-week low is Rs 13.65.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03