In ₹ Crore except Per Share Latest Annual	HCC FY26	NCC FY26	AFCONS FY26	IRCON FY26	Peer Average
Valuation — at last close
P/E	23.91×	◆ 10.98×	31.04×	15.94×	19.32× +24%
P/B	2.21×	◆ 0.94×	1.43×	1.43×	1.27× +74%
EV/EBITDA	9.05×	◆ 5.31×	8.58×	13.07×	8.98× +1%
Market Cap	₹4,697 Cr	₹7,416 Cr	₹7,784 Cr	₹9,488 Cr	₹8,229 Cr -43%
Growth
Revenue CAGR 3Y	-26.15%	◆ 10.21%	—	-4.36%	2.93% -994%
Revenue CAGR 5Y	-13.61%	◆ 21.24%	—	11.17%	16.20% -184%
Net Income CAGR 3Y	—	◆ 3.86%	—	-8.20%	-2.17%
Revenue YoY (latest Q)	-8.97%	◆ 12.22%	-20.75%	9.49%	0.32% -2903%
Net Income YoY (latest Q)	0.69%	◆ 11.85%	-77.95%	-43.92%	-36.67% +102%
Profitability
EBITDA Margin	◆ 14.24%	8.82%	10.19%	8.44%	9.15% +56%
Net Income Margin	4.17%	3.48%	2.10%	◆ 6.53%	4.04% +3%
Return on Common Equity	◆ 10.92%	8.89%	4.68%	9.19%	7.59% +44%
Return on Capital Employed	14.83%	◆ 18.24%	8.53%	4.56%	10.44% +42%
Return on Assets	2.00%	◆ 3.08%	1.38%	2.90%	2.45% -18%
Credit & Quality
Total Debt/Equity	0.48×	◆ 0.43×	0.65×	0.85×	0.64× -25%
Interest Coverage	1.15×	◆ 2.15×	1.13×	1.72×	1.67× -31%
Scale — latest FY
Revenue / Total Income	₹3,970 Cr	₹20,823 Cr	₹11,948 Cr	₹9,071 Cr	₹13,947 Cr -72%
Net Income	₹166 Cr	₹724 Cr	₹251 Cr	₹592 Cr	₹522 Cr -68%
Total Assets	₹8,492 Cr	₹26,006 Cr	₹19,131 Cr	₹21,307 Cr	₹22,148 Cr -62%
EPS	₹0.75	₹10.76	₹6.82	₹6.33	₹7.97 -91%
Book Value per Share	₹8.12	₹125.33	₹148.18	₹70.59	₹114.7 -93%

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

« ‹ › »Latest: FY26 · ConsolidatedFA 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%.