Hindustan Construction Company Ltd
HCC reports Q2 FY27 standalone net profit of ~36.8 crore, consolidated profit ~22.6 crore
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 05 Nov 2026, 05:02 PM IST · BSE ID: 6542c02c-e152-4e0c-b539-698b0b2f8dd8
View Original BSE Filing (PDF)
💡
In Simple Terms
HCC announced its Q2 FY27 financial results, showing a standalone profit of ~36.8 crore and new orders worth ~524 crore.
🤖 AI Summary
- HCC reported standalone net profit of ~36.8 crore for Q2 FY27, with construction business turnover of ~895.8 crore.
- Consolidated revenue for Q2 FY27 was ~896.8 crore, and consolidated profit was ~22.6 crore.
- HCC secured a new order worth ~524 crore and emerged as lowest bidder for projects valued at ~2,010 crore (HCC share: ~1,557 crore).
- Prepaid ~100 crore of debt in Q2 FY27, with further pre-payment of ~108 crore planned by December 2026.
- EBITDA margins for standalone E&C business were 12.2% in Q2 FY27, compared to 16.1% in Q2 FY26.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Standalone Revenue from operations (Q2 FY27)
895.82 crore
-6.47%
Standalone Net Profit (Q2 FY27)
36.8 crore
0.27%
Consolidated Revenue (Q2 FY27)
~896.8 crore
-6.65%
Consolidated Profit (Q2 FY27)
~22.6 crore
-52.72%
New Order Secured (Q2 FY27)
~524 crore
Debt Prepaid (Q2 FY27)
~100 crore
Standalone EBITDA margins (Q2 FY27)
12.2%
🏢 How This Affects the Company
HCC's new order win of ~524 crore and lowest bidder status for ~2,010 crore (HCC share: ~1,557 crore) projects contribute to its order book and future revenue pipeline in transportation, power, and water sectors. This indicates continued project acquisition despite a slight decrease in current quarter turnover.
Standalone net profit remained relatively stable at ~36.8 crore, while consolidated profit declined to ~22.6 crore from ~47.8 crore YoY. The prepayment of ~100 crore debt in Q2 FY27, with a plan for an additional ~108 crore, demonstrates a focus on deleveraging, which can reduce future finance costs.
The completion of Factory Acceptance Tests for TBMs for Indore and Patna Metro projects, and progress on other projects like Agardanda Creek Bridge and Bhivpuri Pumped Storage Project, highlight ongoing execution across the project portfolio. Mobilization for the Wangchhu Hydroelectric Project in Bhutan also signals new operational activities.
The auditor's qualification regarding the recoverability of ~1,032.26 crores in investments in HCC Infrastructure Company Limited (HICL) and ~152.54 crore in net deferred tax assets, along with the uncertainty of ~62.58 crore in unbilled work-in-progress and ~24.21 crore in trade receivables from closed projects, highlight existing financial reporting risks.
👥 What This Means For Shareholders
✅
Action Required
No action required based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the decline in consolidated profit from ~47.8 crore to ~22.6 crore and the ongoing debt reduction initiatives.
🔍
Management Signal
Management is signaling a continued focus on securing new projects and executing its deleveraging strategy by prepaying ~100 crore of debt in Q2 FY27 and planning another ~108 crore by December 2026.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — monitor consolidated profit and EBITDA margins.
Update on lowest bidder projects — track conversion into firm orders.
Progress on ~108 crore debt prepayment planned by December 2026.
MEDIUM RISK
Auditor qualifications regarding investment recoverability, deferred tax assets, and certain receivables indicate financial reporting uncertainties.
💡 Investor Takeaway
Hindustan Construction Company reported Q2 FY27 standalone net profit of ~36.8 crore on a turnover of ~895.8 crore. Consolidated profit was ~22.6 crore, down from ~47.8 crore in Q2 FY26. New orders secured during the quarter were ~524 crore, and ~100 crore debt was prepaid.
⚖️ Strengths & Concerns
✅ Positives
- Standalone net profit for Q2 FY27 remained stable at ~36.8 crore compared to ~36.7 crore in Q2 FY26.
- Secured new orders worth ~524 crore and was the lowest bidder for projects valued at ~2,010 crore (HCC share: ~1,557 crore), bolstering future pipeline.
⚠️ Concerns
- Consolidated profit decreased to ~22.6 crore in Q2 FY27 from ~47.8 crore in Q2 FY26, a decline of ~52.7% YoY.
- EBITDA margins for the standalone E&C business reduced to 12.2% in Q2 FY27 from 16.1% in Q2 FY26.
📅 Company Track Record
In FY26, HCC's standalone net profit increased by 142% to approximately ~205.8 crore. The company also reported a debt reduction of 38% in FY26, indicating a continued focus on deleveraging, consistent with the ~100 crore debt prepayment in Q2 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Hindustan Construction Company's standalone net profit in Q2 FY27?
Hindustan Construction Company's standalone net profit was ~36.8 crore for the quarter ended September 30, 2026 (Q2 FY27), compared to ~36.7 crore in Q2 FY26.
What was HCC's consolidated revenue and profit in Q2 FY27?
HCC's consolidated revenue stood at ~896.8 crore in Q2 FY27, while consolidated profit was ~22.6 crore, compared to ~960.7 crore and ~47.8 crore respectively in Q2 FY26.
What new orders did HCC secure in Q2 FY27?
During Q2 FY27, HCC secured a new order worth ~524 crore and emerged as the lowest bidder for projects valued at ~2,010 crore (HCC share: ~1,557 crore).
How much debt did HCC prepay in Q2 FY27?
HCC prepaid ~100 crore of debt in Q2 FY27 and has initiated a further pre-payment of ~108 crore by December 2026 as part of its deleveraging strategy.
What were HCC's standalone EBITDA margins in Q2 FY27?
HCC's standalone E&C business reported EBITDA margins of 12.2% in Q2 FY27, which was a decrease from 16.1% in Q2 FY26.
Questions based on this BSE filing only. For information purposes.