HEC Infra Projects (NSE:HECPROJECT) Enterprise Value: ₹1,790 Mil (As of Jul. 05, 2026) ***


NSE:HECPROJECT HEC Infra Projects Ltd NSE:HECPROJECT
90 GF Score
Price ₹139.91
GF Value ₹204.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is HEC Infra Projects Enterprise Value?

HEC Infra Projects NSE:HECPROJECT +0.08% 90 Enterprise Value is ₹1,790 Mil as of Jul. 05, 2026. GuruFocus rates NSE:HECPROJECT with a GF Score™ of 90/100 and a GF Value™ of ₹204.10 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HEC Infra Projects's Enterprise Value is ₹1,790 Mil. HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹215 Mil. Therefore, HEC Infra Projects's EV-to-EBIT ratio for today is 8.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HEC Infra Projects's Enterprise Value is ₹1,790 Mil. HEC Infra Projects's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹217 Mil. Therefore, HEC Infra Projects's EV-to-EBITDA ratio for today is 8.23.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HEC Infra Projects's Enterprise Value is ₹1,790 Mil. HEC Infra Projects's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,765 Mil. Therefore, HEC Infra Projects's EV-to-Revenue ratio for today is 1.01.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, HEC Infra Projects's Enterprise Value is ₹1,790 Mil. HEC Infra Projects's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, HEC Infra Projects's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, HEC Infra Projects's Enterprise Value is ₹1,790 Mil. HEC Infra Projects's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, HEC Infra Projects's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


HEC Infra Projects  (NSE:HECPROJECT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

HEC Infra Projects's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1790.044/215.251
=8.32

HEC Infra Projects's current Enterprise Value is ₹1,790 Mil.
HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹215 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

HEC Infra Projects's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1790.044/217.408
=8.23

HEC Infra Projects's current Enterprise Value is ₹1,790 Mil.
HEC Infra Projects's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹217 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

HEC Infra Projects's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1790.044/1764.911
=1.01

HEC Infra Projects's current Enterprise Value is ₹1,790 Mil.
HEC Infra Projects's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,765 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

HEC Infra Projects's EV-to-OCF for today is:


HEC Infra Projects's current Enterprise Value is ₹1,790 Mil.
HEC Infra Projects's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

HEC Infra Projects's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1790.044/0
=

HEC Infra Projects's current Enterprise Value is ₹1,790 Mil.
HEC Infra Projects's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HEC Infra Projects Enterprise Value Related Terms


HEC Infra Projects Enterprise Value Historical Data

* Premium members only.

The historical data trend for HEC Infra Projects's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HEC Infra Projects Enterprise Value Chart

HEC Infra Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 703.89 606.80 899.93 1,328.63 1,312.63

HEC Infra Projects Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,328.63 1,867.17 1,976.77 1,323.27 1,312.44

NSE:HECPROJECT vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, HEC Infra Projects's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HEC Infra Projects Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, HEC Infra Projects's Enterprise Value distribution charts can be found below:

* The bar in red indicates where HEC Infra Projects's Enterprise Value falls into.


NSE:HECPROJECT
90GF Score
HEC Infra Projects Ltd NSE:HECPROJECT
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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HEC Infra Projects Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

HEC Infra Projects's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

HEC Infra Projects's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹1,790 Mil mean?
HEC Infra Projects (NSE:HECPROJECT) has a Enterprise Value of ₹1,790 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on HEC Infra Projects and its competitors.
Is HEC Infra Projects' Enterprise Value too high?
HEC Infra Projects' current Enterprise Value is ₹1,790 Mil. Overall, HEC Infra Projects has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HEC Infra Projects' Enterprise Value compare to PWR and FIX?
HEC Infra Projects' Enterprise Value of ₹1,790 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Construction company?
A good Enterprise Value depends on the Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on HEC Infra Projects and its competitors. HEC Infra Projects's current Enterprise Value is ₹1,790 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEC Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, HEC Infra Projects (NSE:HECPROJECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹204.10, compared to a current price of ₹139.91 — trading 31.5% below its estimated fair value. The current Enterprise Value is ₹1,790 Mil. HEC Infra Projects' overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For HEC Infra Projects (NSE:HECPROJECT), the current Enterprise Value is ₹1,790 Mil as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HEC Infra Projects (NSE:HECPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, HEC Infra Projects stock appears to be undervalued. The current stock price of ₹139.91 is trading 31.5% below its estimated GF Value™ of ₹204.10. GuruFocus considers HEC Infra Projects to be Significantly Undervalued.

Key valuation signals for NSE:HECPROJECT:

  • Enterprise Value: ₹1,790 Mil
  • GF Value™: ₹204.10 vs. price of ₹139.91 (31.5% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the NSE:HECPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEC Infra Projects Business Description

Address Sindhu Bhavan Road, Sigma 1 Corporate, Corporate House No. 6, Near Mahan Party Plot Cross Road, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.
90GF Score

Get the complete analysis for NSE:HECPROJECT

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹139.91
Price
₹204.10
GF Value