Key Performance Highlights - Q2 FY27

Financial Performance

Standalone Results:

  • Turnover: ₹895.8 crore (down 6.5% YoY from ₹957.8 crore in Q2 FY26)
  • Net Profit: ₹36.8 crore (up 0.3% YoY from ₹36.7 crore)
  • EBITDA: ₹109.2 crore (down 29.2% YoY from ₹154.2 crore)
  • EBITDA Margin: 12.2% (vs 16.1% in Q2 FY26)
  • Finance Cost: ₹82.6 crore (down 26.4% YoY from ₹112.2 crore)
  • Tax Expense: ₹11.8 crore (down 36.0% YoY from ₹18.4 crore)

Consolidated Results:

  • Revenue: ₹896.8 crore (down 6.7% YoY from ₹960.7 crore)
  • Profit: ₹22.6 crore (down 52.8% YoY from ₹47.8 crore)
  • EBITDA: ₹102.8 crore (down 30.4% YoY from ₹147.8 crore)
  • EBITDA Margin: 11.5% (vs 15.4% in Q2 FY26)

Order Book & Business Development

  • New order secured: ₹524 crore
  • L1 bids: ₹2,010 crore (HCC share: ₹1,557 crore)
  • Bids submitted: 16 bids worth ₹34,805 crore under evaluation (HCC share: ₹32,386 crore)
  • Pipeline under pursuit: ₹85,907 crore
  • Order Backlog: ₹12,901 crore

Debt Reduction

  • Prepaid ₹100 crore of debt in Q2 FY27
  • Additional ₹108 crore debt prepayment targeted by December 2026

Legal Development

  • Supreme Court upheld ₹210 crore arbitration award in favor of HCC
  • Monies expected to be released in Q3 FY27

Operational Highlights

Project Awards & Recognition:

  • Mumbai Coastal Road Project (Package II) won Best Project award in Bridge/Tunnel category at 2026 ENR Global Best Projects awards

Operations Updates for Major Projects:

1. Indore Metro: TBM 1 & 2 lowering completed, TBM mining commenced from Airport Station, excavation progressing across five stations

2. Patna Metro PC 05 & PC 06: Factory Acceptance Test completed, casting yard development underway

3. Agardanda Creek Bridge: Work progressed on foundations and bridge segments construction

4. Bhivpuri PSP (3x333.33 MW): Excavation progressing across multiple components including Lower Reservoir and Powerhouse

5. Vishnugad Pipalkoti HEP (4x111 MW): 79% of concrete works completed at dam and intake structures

6. Tapovan Vishnugad HEP (4x130 MW): Excavation progressing across all faces with varying completion percentages

7. Fast Reactor Fuel Cycle Facility (FRFCF): Cell slab works completed in Blocks 3 and 4

8. Hindalco PS & PSS: Pot Superstructure prototype approved; 23 of 181 pot shells fabricated

9. Parwan Dam: Initial filling of dam reservoir completed

10. Salal Dam: Three dredgers mobilised, tested and commissioned

Company Background

  • Nation building since 1926
  • Contributed to 60% of India's installed nuclear power capacity
  • Contributed to 26% of India's installed hydro power capacity