What we do HEC Infra Projects Ltd is an EPC company specializing in Electro-Mechanical systems, solar projects, lighting, transmission lines, substations, and ELV systems across diverse industries. |
Founded in 2,005 |
Market share A prominent player in India's electro-mechanical EPC sector with a strong client base in public and private sectors. |
Problem solved Provides integrated design, supply, installation, and commissioning solutions for complex electromechanical infrastructure projects to support industrial and urban development. |
Top clients or who we serve Serves steel, chemical, cement, refineries, petrochemicals, power plants, municipal bodies, and commercial sectors; operates B2B primarily. |
Key management Mr. Gaurang Parmanand Shah (Managing Director) |
Our journey and innovations Founded in 2005, went public in 2014; executed 220KV projects, solar plants, substations, and advanced electro-mechanical works; continuously expanding service and geographical footprint. |
Where we operate Primarily domestic market across India serving major industries and public sector units mainly in Gujarat and other states. |
Top products or what we offer EPC services for transmission lines, substations, solar PV plants, water pumping stations, lighting, industrial electrification, and ELV systems. |
Top brands - |
Raw materials needed Electrical cables, transformers, switchgear, solar panels, batteries, and electromechanical components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues are project-based and cyclical with periodic large contracts and maintenance services. |
Our industry position Well-positioned EPC provider in electro-mechanical infrastructure with diversified project portfolio and steady revenue growth. |
Financial highlights Revenue Rs. 112.1 crore FY 2024-25; Profit after tax Rs. 9.24 crore; Revenue grew 51.92% YoY; PAT increased by 95.99%. |
Geographical revenue split 100% Domestic operations, primarily in India. |
Order book - |
Whats driving growth Rising infrastructure projects, solar energy adoption, public sector investments, and expanding industrial electrification. |
Our future plans Investing in manufacturing transformer and RMU units; expanding solar and transmission projects; scaling operational capabilities. |
Our green promise - |
Our people and values Employee base of around 50; emphasis on training, safety, ethical practices, and inclusive workplace culture. |
Key challenges ahead Managing cyclical nature of project flows; supply chain risks; regulatory compliance and competitive pressures. |
Interesting facts Successfully commissioned a 60 MW solar plant substation for Tata Power Solar Ltd in 2024. |
Risks and strategy Risk mitigation via diversified clientele, strong project execution, compliance systems, and steady order pipeline. |