GHV Infra Projects Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

GHV Infra Projects Ltd trades at ₹227, in a downtrend and 6 weeks into that stage. That is −8.3% against its own 200-day average. It sits at 17% of a 52-week range of ₹202 to ₹344. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (15 weeks and counting).

Today the stock is in a downtrend — week 6 of stage 4, confirmed. At ₹227 it trades −8.3% versus its 200-day average and sits at 17% of its 52-week range (₹202–₹344).

Against the market, two honest reads. Cumulative: over the last 6.7 years the stock moved +7,462% while the NIFTY 500 moved +138% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (15 weeks and counting; last ahead the week of 2026-05-08) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: how the P/E reads against its own history.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

GHV Infra Projects Ltd trades at 35.5× P/E, against too little history to rank. Its long-run median P/E is 35.5×, measured across 0.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 35.5× is against too little history to rank, against a long-run median of 35.5× measured over 0.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved +185.7% against a −10.8% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

GHV Infra Projects Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

4-Factor Sector Score

41.4/100 — rank 13 of 13 in Construction - Civil/Turnkey · 39% evidence confidence · provisional, ranked below fully-evidenced peers

GHV Infra Projects Ltd scores 41.4 out of 100 against the 13 companies it is compared with in Construction - Civil/Turnkey, ranking 13. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 17.9 + 12.3 + 9.3 + 1.9 = 41.4. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

GHV Infra Projects Ltd reported ₹214 Cr of revenue in the Mar 26 quarter. Over 1 years it has compounded at 232.4% a year. The last full year, FY26, came in at ₹615 Cr. The last four reported quarters add to ₹554 Cr.

GHV Infra Projects Ltd reported ₹214 Cr of revenue in the Mar 26 quarter. Over 1 years it has compounded at 232.4% a year. The last full year, FY26, came in at ₹615 Cr. The last four reported quarters add to ₹554 Cr.

FY26 revenue came in at ₹615 Cr (+232.4% on the year), capping 1 years at 232.4% compound. The latest quarter (Mar 26) printed ₹214 Cr, null year on year.

Pace check: the last four quarters averaged +666.7% growth against the decade's 232.4% — the current year is running faster than its own long-run rate.

→ Revenue slipped — did margins hold as it scaled? Next: 18.0% this quarter (null pp YoY).

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

GHV Infra Projects Ltd's operating margin is 18.0% in the Mar 26 quarter.

GHV Infra Projects Ltd's operating margin is 18.0% in the Mar 26 quarter.

The latest quarter's operating margin is 18.0%, null pp against the same quarter a year ago. Across 2 fiscal years the operating margin has ranged 13.0%–16.0%.

🚨 Why the margin moved: operating margin went −131.5 pp year on year while gross margin went −31.6 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

→ Margins slipped — did that reach the bottom line? Next: profit null in the latest quarter.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

GHV Infra Projects Ltd earned ₹18.0 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹49.0 Cr. The 1-year compound rate is 188.2%. That is 8.4% of the quarter's revenue. The same quarter a year earlier earned ₹0.0 Cr.

GHV Infra Projects Ltd earned ₹18.0 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹49.0 Cr. The 1-year compound rate is 188.2%. That is 8.4% of the quarter's revenue. The same quarter a year earlier earned ₹0.0 Cr.

Mar 26 profit was ₹18.0 Cr, null year on year. On the full year, FY26 printed ₹49.0 Cr (+188.2%), and the 1-year compound rate is 188.2%.

→ Profit rose — but did the cash follow?

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

GHV Infra Projects Ltd's cash-flow history is too thin to judge how much reported profit converts into cash. In FY26 that was ₹−64.0 Cr of operating cash against ₹49.0 Cr of profit. Cash resolution here is annual, because quarterly cash statements are not published.

FY26: operating cash of ₹−64.0 Cr against reported profit of ₹49.0 Cr.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

→ So follow the cash to where it goes.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

GHV Infra Projects Ltd does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Nothing is estimated in place of the missing day-counts, so no cash-cycle chart is drawn.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

→ Does all this activity actually earn its cost of capital? Next: ROE is 37%.

Returns on capital ROE is the profit the business earns on the money invested in it — the single best test of whether growth creates value or just size.

An annual ROE ladder is not held for GHV Infra Projects Ltd.

We do not hold an annual ROE series for GHV Infra Projects Ltd. Its filings carry the return lines we would need as blanks rather than numbers, so this page does not estimate one. The revenue, margin, cash-flow and ownership sections are the reads we stand behind.

→ Who owns GHV Infra Projects Ltd, and are they adding or leaving? Next: Promoters cut 9.6 points over 8 quarters.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

GHV Infra Projects Ltd carries ₹192 Cr of borrowings against ₹131 Cr of equity in FY26, a debt-to-equity of 1.47. Operating profit covers the interest bill 3×.

FY26: borrowings of ₹192 Cr against equity of ₹131 Cr — a debt-to-equity of 1.47. Operating profit covers the interest bill 3×.

→ Who owns this, and are they adding or leaving? Next: Promoters cut 9.6 points over 8 quarters.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 9.6 points of GHV Infra Projects Ltd over 8 quarters, the biggest move on the register. That takes promoters to 64.0% of the company. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −9.6 points over 8 quarters to 64.0%.

🚨 Why the register moved: promoters drove it (−9.6 points) — distribution into the market’s bid.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

GHV Infra Projects Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Frequently asked questions