HEC Infra Projects (NSE:HECPROJECT) Net Margin %: 12.02% (As of Mar. 2026) — 286% Above Median


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 Net Margin %?

HEC Infra Projects NSE:HECPROJECT +0.08% 90 Net Margin % is 12.02% as of Mar. 2026, which is 286% above its 10-year median of 3.11. 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. Among 1,760 Construction companies, HEC Infra Projects ranks better than 70.74% on this metric.

Net margin is calculated as Net Income divided by its Revenue. HEC Infra Projects's Net Income for the three months ended in Mar. 2026 was ₹61 Mil. HEC Infra Projects's Revenue for the three months ended in Mar. 2026 was ₹507 Mil. Therefore, HEC Infra Projects's net margin for the quarter that ended in Mar. 2026 was 12.02%.

The historical rank and industry rank for HEC Infra Projects's Net Margin % or its related term are showing as below:

NSE:HECPROJECT' s Net Margin % Range Over the Past 10 Years
Min: 0.83   Med: 3.11   Max: 8.25
Current: 7.13


NSE:HECPROJECT's Net Margin % is ranked better than
70.74% of 1760 companies
in the Construction industry
Industry Median: 3.9 vs NSE:HECPROJECT: 7.13

HEC Infra Projects  (NSE:HECPROJECT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


HEC Infra Projects Net Margin % Related Terms


HEC Infra Projects Net Margin % Historical Data

* Premium members only.

The historical data trend for HEC Infra Projects's Net Margin % 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 Net Margin % Chart

HEC Infra Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.52 6.39 8.25 7.14

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
Net Margin % 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 12.20 4.77 5.51 5.09 12.02

NSE:HECPROJECT vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, HEC Infra Projects's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry

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

* The bar in red indicates where HEC Infra Projects's Net Margin % falls into.


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=126.018/1764.911
=7.14 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=60.995/507.332
=12.02 %

* 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 Net Margin % →
What does a Net Margin % of 12.02% mean?
HEC Infra Projects (NSE:HECPROJECT) has a Net Margin % of 12.02% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on HEC Infra Projects and its competitors. This is 286% above median its historical median of 3.11. Over the past decade, HEC Infra Projects' Net Margin % has ranged from 0.83 to 8.25. According to the industry distribution chart, HEC Infra Projects ranks #515 out of 1760 companies in the Construction industry, placing it in the top 29.3%.
Is HEC Infra Projects' Net Margin % too high?
HEC Infra Projects' current Net Margin % of 12.02% is 286% above median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 8.25. The Construction industry median Net Margin % is 3.90. HEC Infra Projects' value of 12.02% is 208.2% above this industry median. Based on the distribution chart, HEC Infra Projects ranks #515 out of 1760 companies in the Construction industry, which is above the industry midpoint. 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' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, HEC Infra Projects ranks #515 out of 1760 companies for Net Margin %. This puts HEC Infra Projects in the upper half of its industry. The industry median Net Margin % is 3.90. HEC Infra Projects' value of 12.02% is 208.2% above this benchmark. Historically, HEC Infra Projects' own Net Margin % has ranged from 0.83 to 8.25 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 3.90, HEC Infra Projects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.90, based on 1,760 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HEC Infra Projects's current Net Margin % of 12.02% is 208.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on HEC Infra Projects and its competitors. For the Construction industry, the median Net Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEC Infra Projects's current Net Margin % is 12.02%, which is 286% above median its own 10-year median of 3.11. 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 Net Margin % is 12.02%, which is 286% above median its 10-year median of 3.11 and 208.2% above the Construction industry median of 3.90. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For HEC Infra Projects (NSE:HECPROJECT), the current Net Margin % is 12.02% as of Mar. 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:

  • Net Margin %: 12.02% (286% above median its 10-year median of 3.11)
  • GF Value™: ₹204.10 vs. price of ₹139.91 (31.5% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 208.2% above the Construction median (#515 of 1760)

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

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

₹139.91
Price
₹204.10
GF Value