In ₹ Crore except Per Share Latest Annual	HECPROJECT FY26	AIROLAM FY26	LATTEYS FY26	STEELCITY FY26	Peer Average
Valuation — at last close
P/E	9.18×	23.87×	32.02×	◆ 8.11×	21.33× -57%
P/B	1.76×	16.16×	4.78×	◆ 0.85×	7.26× -76%
EV/EBITDA	7.16×	69.67×	20.72×	◆ 3.90×	31.43× -77%
Market Cap	₹116 Cr	₹1,270 Cr	₹114 Cr	₹117 Cr	₹500 Cr -77%
Growth
Revenue CAGR 3Y	◆ 50.54%	6.84%	—	4.48%	5.66% +793%
Revenue CAGR 5Y	—	—	—	3.53%	3.53%
Net Income CAGR 3Y	◆ 151.91%	-10.81%	—	8.43%	-1.19% +12866%
Revenue YoY (latest Q)	11.50%	22.81%	◆ 59.21%	28.51%	36.84% -69%
Net Income YoY (latest Q)	2.71%	3.81%	◆ 182.25%	66.71%	84.26% -97%
Profitability
EBITDA Margin	11.42%	7.96%	5.61%	◆ 26.84%	13.47% -15%
Net Income Margin	7.14%	2.16%	3.04%	◆ 22.95%	9.38% -24%
Return on Common Equity	◆ 21.20%	7.26%	16.11%	10.80%	11.39% +86%
Return on Capital Employed	◆ 33.40%	14.39%	23.87%	11.64%	16.63% +101%
Return on Assets	◆ 10.43%	2.37%	5.52%	6.33%	4.74% +120%
Credit & Quality
Total Debt/Equity	0.68×	1.06×	0.91×	◆ 0.07×	0.68× 0%
Interest Coverage	5.08×	1.66×	4.78×	◆ 17.51×	7.98× -36%
Scale — latest FY
Revenue / Total Income	₹176 Cr	₹243 Cr	₹117 Cr	₹62.3 Cr	₹141 Cr +25%
Net Income	₹12.6 Cr	₹5.2 Cr	₹3.6 Cr	₹14.3 Cr	₹7.7 Cr +64%
Total Assets	₹135 Cr	₹226 Cr	₹82.6 Cr	₹237 Cr	₹182 Cr -26%
EPS	₹11.63	₹3.5	₹0.62	₹9.57	₹4.56 +155%
Book Value per Share	₹60.65	₹5.17	₹4.15	₹91.35	₹33.56 +81%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.