Whalesbook
Sharp Drop in HCC's Q4 Profit and Revenue
Hindustan Construction Company Ltd (HCC Ltd) reported a 35% drop in consolidated net profit for the fourth quarter of FY26, falling to ₹58.9 crore from ₹90.1 crore a year ago. Revenue also declined, dropping to ₹992.2 crore from ₹1,373.7 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) slumped 60.2% to ₹170.8 crore, down from ₹429.5 crore. The EBITDA margin narrowed significantly to 17.2% from 31.3% in the same period last year.
Full-Year Profit Improves on Debt Reduction
Despite the quarterly results, HCC's full-year standalone net profit surged 142% year-on-year to ₹205.8 crore, up from ₹84.9 crore in FY25. Consolidated net profit for the fiscal year climbed to ₹165.5 crore from ₹112.6 crore in FY25. Standalone turnover for the year was ₹3,937.3 crore, a decrease from ₹4,801.1 crore in the prior year. A key positive development was the significant reduction in debt, which fell from approximately ₹3,197 crore to ₹1,995 crore during the fiscal year.
Strong Order Book and Project Milestones
As of March 31, 2026, HCC maintained a substantial order book valued at ₹12,971 crore. During FY26, HCC secured new orders totaling ₹4,554 crore, including a ₹1,100 crore order and an ₹840 crore L1 position gained in April 2026. Bids worth ₹25,760 crore are under evaluation, with plans to submit bids totaling ₹43,800 crore in the first half of FY27. HCC also noted progress on key infrastructure projects like Mumbai Metro Line 3 and the Anji Khad Railway Bridge, alongside the full operationalization of the Tehri Pump Storage project.