Hindustan Construction Company Ltd

About Hindustan Construction Company Ltd

Hindustan Construction Company Ltd. (HCC) is a prominent Indian infrastructure construction company specializing in complex and large-scale engineering projects. Its core activities span hydropower, nuclear power, transportation (roads, bridges, tunnels), and water infrastructure. HCC holds a strong market position for its engineering expertise and execution capabilities in challenging environments.

Key Financial Ratios of Hindustan Construction Company Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Hindustan Construction Company Ltd's P/E ratio (TTM) is 29.57, compared to the industry median of 19.22 and large cap median of 19.18.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Hindustan Construction Company Ltd's P/B ratio is 2.88, compared to the industry median of 1.92 and large cap median of 1.92.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Hindustan Construction Company Ltd's P/S ratio is 1.54, compared to the industry median of 1.05 and large cap median of 1.05.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Hindustan Construction Company Ltd's PEG ratio is 1.95.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Hindustan Construction Company Ltd's EV/EBITDA ratio is 8.98.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Hindustan Construction Company Ltd's ROE is 12.47%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Hindustan Construction Company Ltd's ROA is 7.84%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Hindustan Construction Company Ltd's ROCE is 23%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Hindustan Construction Company Ltd's operating margin is 14.23%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Hindustan Construction Company Ltd's net margin is 4.18%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Hindustan Construction Company Ltd's current ratio is 1.26.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Hindustan Construction Company Ltd's debt-to-equity ratio is 1.17.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Hindustan Construction Company Ltd's interest coverage ratio is 1.48.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Hindustan Construction Company Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Hindustan Construction Company Ltd's EPS is 46.51.

(Source line: "Ratios as of 01 Oct 2026, based on last traded price of ₹23.36. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1926

• Headquarters: Mumbai, Maharashtra

• Core Offerings: Hydropower projects, Nuclear power projects, Transportation infrastructure, Water infrastructure, Buildings & Industrial projects

• Stock Listing: NSE (HCC), BSE (500185)

• Promoter: Ajit Gulabchand / HCC Group

History of Hindustan Construction Company Ltd

• 1926: Incorporated by Seth Walchand Hirachand, beginning its journey in infrastructure development.

• Early Decades: Executed landmark projects like the Khyber Pass Tunnel and major irrigation works.

• Post-Independence: Played a crucial role in nation-building, undertaking projects like the Bhakra Nangal Dam.

• 1970s-2000s: Diversified into sophisticated civil engineering, including power plants and complex urban infrastructure.

• 2000s onwards: Focused on specialized, technically demanding projects in hydro, nuclear, and transportation sectors, solidifying its reputation for complex engineering.

• Present Day: Continues to be a key player in India's infrastructure sector with a focus on high-value, complex projects.

Business Segments and Revenue Mix

• Hydropower Projects: Specializes in turnkey execution of hydro-electric power projects, including large dams, underground powerhouses, tunnels, and surge shafts, often in challenging geological conditions.

• Nuclear Power Projects: A pioneer in constructing complex civil structures for nuclear power plants, encompassing reactor buildings, turbine buildings, and associated facilities requiring high precision.

• Transportation Infrastructure: Undertakes mega-projects like expressways, bridges (including sea links), tunnels, and metro rail systems, leveraging advanced construction techniques.

• Water & Environmental Projects: Executes projects related to water supply systems, irrigation canals, water treatment plants, sewerage systems, and marine structures.

Key Personnel

Ajit Gulabchand - Chairman & Managing Director: A third-generation entrepreneur, he has spearheaded HCC's growth for over four decades, transforming it into a leader in complex infrastructure development across India.

Subsidiaries and Associate Companies

• HCC Concessions Ltd

• HCC Infrastructure Company Ltd

• HCC Realty Ltd

Corporate Actions

• 2020-21: Undertook a Rights Issue to raise capital, enhancing its equity base and strengthening the balance sheet.

• 2023: Successfully completed a Qualified Institutional Placement (QIP) for fresh equity infusion.

• Ongoing: Strategic divestment process of its Swiss subsidiary, Karl Steiner Holding AG, aimed at deleveraging and focusing on the core Indian EPC business.

References

1. Annual Report [Latest Year] 2. Exchange Filings (NSE/BSE) 3. Financial Results Announcement