Ahmedabad-based EPC contractor executing power-distribution substations (11kV-220kV), transmission lines, water pumping/treatment plants, solar-park works and industrial electrification across India.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 26 | 27 | 19 | 20 | 25 | 42 | 46 | 55 |
| Borrowings | 31 | 31 | 35 | 31 | 30 | 38 | 42 | 44 |
| Other Liabilities | 26 | 24 | 17 | 23 | 14 | 15 | 29 | 25 |
| Total Liabilities | 86 | 84 | 82 | 85 | 79 | 106 | 128 | 135 |
| AssetsFixed Assets | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 83 | 82 | 80 | 83 | 78 | 105 | 126 | 134 |
| Total Assets | 86 | 84 | 82 | 85 | 79 | 106 | 128 | 135 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -4 | -5 | 2 | -4 | 7 | 7 | -26 | 3 |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 4 | 0 | -5 |
| Cash from Financing | 3 | 4 | -1 | 2 | -7 | -2 | 17 | 3 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -4 | -5 | 1 | -4 | 7 | 10 | -26 | 3 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
HECPROJECT · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.