Sector Alpha Week of 2026-08-18
20-quarter listed-company comparison

Infra - Construction & Contracting Stocks in India

Infra - Construction & Contracting: Larsen & Toubro Ltd owns the largest revenue base; Giriraj Civil Developers Ltd has the fastest current growth.

01 · the index people search for

Nifty Infra - Construction & Contracting Index — Constituents & Performance

The Infra - Construction & Contracting companies below are the listed Indian Infra - Construction & Contracting universe this page tracks — the same constituent set people search for as the Nifty Infra - Construction & Contracting index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Infra - Construction & Contracting moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 24% behind NIFTY 500. Earnings across its companies fell 8% on average over the last four reported quarters.

ASLEEP · 1y −18.6%~Price down, no fundamental support2 of 15 companies ahead of NIFTY 500 by 5% or more over three months2 are 20% or more behind over a year while earnings grew 20% or more

RS — · 5/15 >200d (−2) · 2/15 lead (−2) · EPS 8/15↑

200500100020262025202420232022 1045324 TRAILING 12-MONTH EPS · 100 AT THE START0100143Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 5 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 106, against 100 at the start · no comparable year yet · 5 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 110, against 100 at the start · no comparable year yet · 5 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 121, against 100 at the start · no comparable year yet · 5 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 124, against 100 at the start · up 24.4% on a year ago · 5 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 15.4% on a year ago · 11 reportingDec 2023 · trailing 12-month earnings per share at 106, against 100 at the start · up 6.4% on a year ago · 11 reportingMar 2024 · trailing 12-month earnings per share at 124, against 100 at the start · up 16.4% on a year ago · 11 reportingJun 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 24.1% on a year ago · 11 reportingSep 2024 · trailing 12-month earnings per share at 140, against 100 at the start · up 33.0% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 143, against 100 at the start · up 16.8% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 120, against 100 at the start · down 0.3% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 113, against 100 at the start · down 7.3% on a year ago · 12 reportingSep 2025 · trailing 12-month earnings per share at 113, against 100 at the start · down 19.6% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 104, against 100 at the start · down 25.7% on a year ago · 12 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 7.4% on a year ago · 11 reportingJun 2026 · trailing 12-month earnings per share at 104, against 100 at the start · up 5.1% on a year ago · 11 reportingNot reported yet — earnings trail price by a quarter or two104No earnings on file this far back — the price series reaches further than the filings do
200500100020262025202420232022 1045324 TRAILING 12-MONTH EPS · 100 AT THE START0100143Jun 22Jun 23Jun 24Jun 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 5 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 106, against 100 at the start · no comparable year yet · 5 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 110, against 100 at the start · no comparable year yet · 5 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 121, against 100 at the start · no comparable year yet · 5 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 124, against 100 at the start · up 24.4% on a year ago · 5 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 15.4% on a year ago · 11 reportingDec 2023 · trailing 12-month earnings per share at 106, against 100 at the start · up 6.4% on a year ago · 11 reportingMar 2024 · trailing 12-month earnings per share at 124, against 100 at the start · up 16.4% on a year ago · 11 reportingJun 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 24.1% on a year ago · 11 reportingSep 2024 · trailing 12-month earnings per share at 140, against 100 at the start · up 33.0% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 143, against 100 at the start · up 16.8% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 120, against 100 at the start · down 0.3% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 113, against 100 at the start · down 7.3% on a year ago · 12 reportingSep 2025 · trailing 12-month earnings per share at 113, against 100 at the start · down 19.6% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 104, against 100 at the start · down 25.7% on a year ago · 12 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 7.4% on a year ago · 11 reportingJun 2026 · trailing 12-month earnings per share at 104, against 100 at the start · up 5.1% on a year ago · 11 reportingNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings do
Infra - Construction & Contracting, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 15 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Infra - Construction & Contracting outperforming NIFTY 500?

Infra - Construction & Contracting has underperformed NIFTY 500 by 23.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 4%. 3 of 17 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Cemindia Projects Ltd is the strongest against the sector itself at +60.2%.

-4.0%Sector vs NIFTY 500 · 13 weeks
-23.5%Sector vs NIFTY 500 · 52 weeks
3/17Stocks leading NIFTY 500
7/17Stocks leading sector

Sector metric: 43.1 as of 2026-08-09 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Infra - Construction & Contracting has underperformed NIFTY 500 by 23.5% over 52 weeks and 4% over 13 weeks. 3 of 17 covered companies beat NIFTY on Mansfield relative strength, while 7 of 17 beat the sector itself. Larsen & Toubro Ltd leads with revenue of ₹2,90,138 crore, based on 17 of 17 comparable companies through Jun 2026.

Companies
17
complete canonical membership
Combined market value
₹7.0 L Cr
Larsen & Toubro Ltd
Revenue growing
8/17
positive TTM year-on-year growth
Beating NIFTY 500
3/17
positive Mansfield relative strength
Comparing 5 of 17
04 · research priority, made explicit

Best Infra - Construction & Contracting Stocks in India (Aug 2026), Ranked by Data

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Cemindia Projects Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.
Patel Engineering Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Likhitha Infrastructure Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Top 10 Infra - Construction & Contracting Stocks in India

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Cemindia Projects LtdCEMPRO 64.1/100Mixed-positive evidence100% evidence LEADER 24.6/35 Revenue 8.9% · PAT 47.2% · OPM change 1 pp 100% evidence 17.4/25 ROCE 32.8% · OPM 10% 100% evidence 2.1/20 P/E 37.1× · PEG 5.81 100% evidence 20.0/20 RS sector 60.2% · RS bench 47.8% · 1Y 79%12 of 12 weeks ahead 100% evidence
Exact sum: 24.6 + 17.4 + 2.1 + 20 = 64.1 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Patel Engineering LtdPATELENG 60.3/100Mixed-positive evidence100% evidence TURNING 14.9/35 Revenue -1.4% · PAT 4.7% · OPM change 1 pp 100% evidence 15.2/25 ROCE 13.5% · OPM 14% 100% evidence 17.8/20 P/E 7.2× · PEG 0.65 100% evidence 12.4/20 RS sector -0.3% · RS bench -8.6% · 1Y -19.3%4 of 12 weeks ahead 100% evidence
Exact sum: 14.9 + 15.2 + 17.8 + 12.4 = 60.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
3Larsen & Toubro LtdLT 56.6/100Mixed-positive evidence82% evidence ASLEEP 19.1/35 Revenue 9.8% · PAT 5.8% · OPM change -1 pp 95% evidence 15.6/25 ROCE 14.6% · OPM 12% 76% evidence 8.2/20 P/E 31.7× · PEG — 50% evidence 13.7/20 RS sector 9.3% · RS bench 1.5% · 1Y 12.5%4 of 12 weeks ahead 100% evidence
Exact sum: 19.1 + 15.6 + 8.2 + 13.7 = 56.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4SPML Infra LtdSPMLINFRA 54.5/100Mixed-positive evidence74% evidence ASLEEP 28.0/35 Revenue 37.8% · PAT 80.8% · OPM change 4.4 pp 95% evidence 3.6/25 ROCE 6.8% · OPM 9% 95% evidence 10.6/20 P/E 19× · PEG — 15% evidence 12.3/20 RS sector 4.6% · RS bench -8.1% · 1Y -30.6%5 of 10 weeks ahead 70% evidence
Exact sum: 28 + 3.6 + 10.6 + 12.3 = 54.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5NBCC (India) LtdNBCC 52.2/100Mixed-positive evidence82% evidence ASLEEP 20.8/35 Revenue 3.8% · PAT 30.9% · OPM change 2.4 pp 95% evidence 17.8/25 ROCE 31% · OPM 7% 76% evidence 9.5/20 P/E 35.2× · PEG — 50% evidence 4.1/20 RS sector -6.8% · RS bench -14.1% · 1Y -15.7%7 of 12 weeks ahead 100% evidence
Exact sum: 20.8 + 17.8 + 9.5 + 4.1 = 52.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6PNC Infratech LtdPNCINFRA 52.1/100Mixed-positive evidence100% evidence ASLEEP 16.1/35 Revenue -6.5% · PAT 9.4% · OPM change 5 pp 100% evidence 10.2/25 ROCE 8.5% · OPM 31% 100% evidence 17.0/20 P/E 9.2× · PEG 0.17 100% evidence 8.8/20 RS sector -2.8% · RS bench -11.1% · 1Y -29%7 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 10.2 + 17 + 8.8 = 52.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Ramky Infrastructure LtdRAMKY 51.5/100Mixed-positive evidence76% evidence BASING 13.2/35 Revenue 4.6% · PAT 17.8% · OPM change -14 pp 95% evidence 11.8/25 ROCE 13.7% · OPM 6% 76% evidence 14.0/20 P/E 14.4× · PEG — 50% evidence 12.5/20 RS sector 14.7% · RS bench -24.2% · 1Y -27.7%0 of 10 weeks ahead 70% evidence
Exact sum: 13.2 + 11.8 + 14 + 12.5 = 51.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
8Likhitha Infrastructure LtdLIKHITHA 45.5/100Mixed-negative evidence87% evidence TURNING 7.2/35 Revenue -18.8% · PAT -51.4% · OPM change -2.7 pp 95% evidence 14.0/25 ROCE 13.7% · OPM 12.9% 95% evidence 7.0/20 P/E 26.2× · PEG — 50% evidence 17.3/20 RS sector 11.8% · RS bench 2.5% · 1Y -20.5%7 of 12 weeks ahead 100% evidence
Exact sum: 7.2 + 14 + 7 + 17.3 = 45.5 · Decision use: Price leads the evidence: RS versus the benchmark is 2.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
9Simplex Infrastructures LtdSIMPLEXINF 43.1/100Mixed-negative evidence81% evidence TURNING 25.1/35 Revenue 4.6% · PAT 80.8% · OPM change 3.9 pp 95% evidence 4.5/25 ROCE 2.4% · OPM 7% 95% evidence 5.6/20 P/E 43.8× · PEG — 50% evidence 7.9/20 RS sector -19.1% · RS bench -0.4% · 1Y -11.6%8 of 10 weeks ahead 70% evidence
Exact sum: 25.1 + 4.5 + 5.6 + 7.9 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10H.G. Infra Engineering LtdHGINFRA 42.0/100Mixed-negative evidence94% evidence ASLEEP 15.7/35 Revenue -3.1% · PAT -57.9% · OPM change 10 pp 100% evidence 12.9/25 ROCE 11.3% · OPM 28% 100% evidence 8.9/20 P/E 13.1× · PEG 3.17 100% evidence 4.5/20 RS sector -27.1% · RS bench -26.2% · 1Y -47.2%4 of 10 weeks ahead 70% evidence
Exact sum: 15.7 + 12.9 + 8.9 + 4.5 = 42 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11IRB Infrastructure Developers LtdIRB 42.0/100Mixed-negative evidence82% evidence BASING 16.1/35 Revenue -2.2% · PAT -80% · OPM change 9 pp 95% evidence 10.7/25 ROCE 7.5% · OPM 54% 76% evidence 9.4/20 P/E 23.6× · PEG — 50% evidence 5.8/20 RS sector -3.4% · RS bench -10.5% · 1Y -11.5%0 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 10.7 + 9.4 + 5.8 = 42 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Hazoor Multi Projects Ltd532467 41.1/100Mixed-negative evidence75% evidence ASLEEP 16.3/35 Revenue -9.1% · PAT 5% · OPM change 70.1 pp 95% evidence 13.5/25 ROCE 12% · OPM 84.5% 76% evidence 10.4/20 P/E 19.3× · PEG — 15% evidence 0.9/20 RS sector -29% · RS bench -34.9% · 1Y -51.6%0 of 12 weeks ahead 100% evidence
Exact sum: 16.3 + 13.5 + 10.4 + 0.9 = 41.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Hindustan Construction Company LtdHCC 40.2/100Mixed-negative evidence93% evidence ASLEEP 5.5/35 Revenue -20.7% · PAT 0% · OPM change -5 pp 100% evidence 15.5/25 ROCE 24.8% · OPM 11% 100% evidence 10.7/20 P/E 38.4× · PEG 1.3 65% evidence 8.5/20 RS sector 1.1% · RS bench -7.1% · 1Y -13.7%8 of 12 weeks ahead 100% evidence
Exact sum: 5.5 + 15.5 + 10.7 + 8.5 = 40.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Rail Vikas Nigam LtdRVNL 38.3/100Mixed-negative evidence87% evidence BASING 16.0/35 Revenue 5.4% · PAT -24.5% · OPM change 2.9 pp 100% evidence 6.7/25 ROCE 10.8% · OPM 4.3% 100% evidence 4.5/20 P/E 52.7× · PEG 5.08 65% evidence 11.1/20 RS sector 6.9% · RS bench -24.8% · 1Y -32.5%0 of 10 weeks ahead 70% evidence
Exact sum: 16 + 6.7 + 4.5 + 11.1 = 38.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15KNR Constructions LtdKNRCON 38.3/100Mixed-negative evidence82% evidence BASING 4.3/35 Revenue -39% · PAT -58.8% · OPM change -14 pp 95% evidence 11.5/25 ROCE 10.4% · OPM 16% 76% evidence 13.8/20 P/E 10.9× · PEG — 50% evidence 8.7/20 RS sector -4.5% · RS bench -12.8% · 1Y -36.5%3 of 12 weeks ahead 100% evidence
Exact sum: 4.3 + 11.5 + 13.8 + 8.7 = 38.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
16Vishnu Prakash R Punglia LtdVPRPL 29.9/100Thin evidence · provisional54% evidence 9.3/35 Revenue -22.6% · PAT -80% · OPM change -18 pp 53% evidence 9.1/25 ROCE 11.4% · OPM -7% 71% evidence 8.5/20 P/E 59.9× · PEG — 15% evidence 3.0/20 RS sector -56.5% · RS bench -67.1% · 1Y -78.5%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 9.3 + 9.1 + 8.5 + 3 = 29.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Giriraj Civil Developers LtdGIRIRAJ 51.2/100Thin evidence · provisional44% evidence 21.3/35 Revenue 100% · PAT 100% · OPM change 2 pp 27% evidence 14.9/25 ROCE 20.1% · OPM 8% 71% evidence 10.2/20 P/E 21.1× · PEG — 15% evidence 4.8/20 RS sector -32.2% · RS bench -12.3% · 1Y -44%4 of 11 weeks ahead to 2026-03-29 70% evidence
Exact sum: 21.3 + 14.9 + 10.2 + 4.8 = 51.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 17 companies
05 · what price has already done

Market action

Cemindia Projects Ltd has the strongest one-year price move in Infra - Construction & Contracting at +79%. It also leads on Mansfield relative strength against NIFTY at +47.8%. 3 of 17 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Infra - Construction & Contracting — the story behind the numbers

This is the written read behind the Infra - Construction & Contracting figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 25 Jul 2026. 4 themes are live here.

The Infra - Construction & Contracting sector review for the week ending 2026-07-19 analyzes 1 constituent: Hazoor Multi Projects Ltd (532467). The company reported consolidated revenue of ₹158.41 Cr for Q4 FY26, representing a 36.5% year-on-year decline despite a 13.93% sequential improvement.

How old this read is: This read comes from our Infra - Construction & Contracting sector brief dated 25 Jul 2026, so the words here and the numbers above them cover the same few weeks.

What is live in this sector right now

Live themeSeverityEvidence on file
Infrastructure operations exposed to fluctuating input costs and cost escalations which pressure EBITDA margins.Named for 532467mediumTender-based nature leads to volatility in revenue and profitability
Regulatory delays and approval bottlenecks contributed to subdued billing in 9MFY26, impacting revenue recognition.Named for 532467mediumExpected improvement in operating momentum in FY2026–27 supported by improved EPC billing
Sector headwinds include labour shortages and extended project timelines affecting execution pace.Named for 532467lowNo further detail is on file for this theme.
Monsoon-related disruptions remain integral to the sector, posing execution risks and potential delays.Named for 532467lowNo further detail is on file for this theme.

Sources: our Infra - Construction & Contracting sector brief, 25 Jul 2026.

07 · compare level, then change

Revenue Scale & Growth Durability

Larsen & Toubro Ltd has the highest Revenue among the 17 Infra - Construction & Contracting companies compared here, at ₹2,90,138 crore. Rail Vikas Nigam Ltd is next at ₹20,824 crore. Giriraj Civil Developers Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Larsen & Toubro Ltd is the scale leader at ₹2,90,138 crore, 13.9× the revenue of Rail Vikas Nigam Ltd. Giriraj Civil Developers Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 174% from a ₹548 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderLarsen & Toubro Ltd · ₹2,90,138 crore
Gap13.9× versus #2 · Rail Vikas Nigam Ltd
Persistence8/8 recent comparable periods
Coverage17/17 companies · 276 observations

Investor read: Larsen & Toubro Ltd is the scale benchmark; Giriraj Civil Developers Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Larsen & Toubro Ltd's growth falls below Giriraj Civil Developers Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Larsen & Toubro Ltd LT₹2.9 L Cr
2Rail Vikas Nigam Ltd RVNL₹20.8K Cr
3NBCC (India) Ltd NBCC₹12.8K Cr
4Cemindia Projects Ltd CEMPRO₹10.2K Cr
5IRB Infrastructure Developers Ltd IRB₹7.7K Cr
Revenue growthfastest growers
1Giriraj Civil Developers Ltd GIRIRAJ · older report100%
2SPML Infra Ltd SPMLINFRA⚠ unverified38%
3Larsen & Toubro Ltd LT9.8%
4Cemindia Projects Ltd CEMPRO8.9%
5Rail Vikas Nigam Ltd RVNL5.4%
Revenue · company comparison
17/17 level · 17/17 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Larsen & Toubro Ltd LT₹67.9K Cr6.7%Jun 2026
Rail Vikas Nigam Ltd RVNL₹4.3K Cr11%Jun 2026
Cemindia Projects Ltd CEMPRO₹2.7K Cr5.6%Jun 2026
NBCC (India) Ltd NBCC₹2.3K Cr-5.5%Jun 2026
IRB Infrastructure Developers Ltd IRB₹2.1K Cr1.8%Jun 2026
PNC Infratech Ltd PNCINFRA₹1.7K Cr19%Jun 2026
Patel Engineering Ltd PATELENG₹1.3K Cr3.9%Jun 2026
H.G. Infra Engineering Ltd HGINFRA₹1.1K Cr-26%Jun 2026
Hindustan Construction Company Ltd HCC₹993 Cr-9.0%Jun 2026
KNR Constructions Ltd KNRCON₹588 Cr-4.1%Jun 2026
Ramky Infrastructure Ltd RAMKY₹471 Cr24%Jun 2026
Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified₹291 Cr20%Jun 2026
SPML Infra Ltd SPMLINFRA⚠ unverified₹284 Cr82%Jun 2026
Vishnu Prakash R Punglia Ltd VPRPL₹177 Cr-27%Dec 2025
Giriraj Civil Developers Ltd GIRIRAJ₹141 Cr76%Sep 2025
Hazoor Multi Projects Ltd 532467₹120 Cr-34%Jun 2026
Likhitha Infrastructure Ltd LIKHITHA⚠ unverified₹85 Cr-31%Jun 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

₹811 Cr
₹998 Cr
₹1.2K Cr
₹1.1K Cr
₹1.0K Cr
₹1.3K Cr
₹1.6K Cr
₹1.8K Cr
₹1.6K Cr
₹2.0K Cr
₹2.3K Cr
₹2.4K Cr
₹2.0K Cr
₹2.3K Cr
₹2.5K Cr
₹2.6K Cr
₹2.2K Cr
₹2.3K Cr
₹3.0K Cr
₹2.7K Cr

H.G. Infra Engineering Ltd · HGINFRA

₹785 Cr
₹951 Cr
₹1.1K Cr
₹1.1K Cr
₹796 Cr
₹1.2K Cr
₹1.5K Cr
₹1.4K Cr
₹955 Cr
₹1.4K Cr
₹1.7K Cr
₹1.5K Cr
₹902 Cr
₹1.3K Cr
₹1.4K Cr
₹1.5K Cr
₹904 Cr
₹1.4K Cr
₹1.4K Cr
₹1.1K Cr

Hindustan Construction Company Ltd · HCC

₹2.8K Cr
₹2.7K Cr
—
₹2.2K Cr
₹2.3K Cr
₹1.4K Cr
₹3.1K Cr
₹1.9K Cr
₹1.8K Cr
₹1.5K Cr
₹1.8K Cr
₹1.8K Cr
₹1.4K Cr
₹1.0K Cr
₹1.4K Cr
₹1.1K Cr
₹961 Cr
₹925 Cr
₹992 Cr
₹993 Cr

IRB Infrastructure Developers Ltd · IRB

—
—
—
—
—
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.7K Cr
₹2.0K Cr
₹2.1K Cr
₹1.9K Cr
₹1.6K Cr
₹2.0K Cr
₹2.1K Cr
₹2.1K Cr
₹1.8K Cr
₹1.9K Cr
₹1.9K Cr
₹2.1K Cr

KNR Constructions Ltd · KNRCON

—
—
—
—
—
₹875 Cr
₹1.2K Cr
₹981 Cr
₹1.0K Cr
₹996 Cr
₹1.4K Cr
₹985 Cr
₹1.9K Cr
₹848 Cr
₹975 Cr
₹613 Cr
₹646 Cr
₹743 Cr
₹696 Cr
₹588 Cr

Larsen & Toubro Ltd · LT

—
—
—
—
—
₹46.4K Cr
₹58.3K Cr
₹47.9K Cr
₹51.0K Cr
₹55.1K Cr
₹67.1K Cr
₹55.1K Cr
₹61.6K Cr
₹64.7K Cr
₹74.4K Cr
₹63.7K Cr
₹68.0K Cr
₹71.5K Cr
₹82.8K Cr
₹67.9K Cr

NBCC (India) Ltd · NBCC

—
—
—
—
—
₹2.1K Cr
₹2.8K Cr
₹1.9K Cr
₹2.1K Cr
₹2.4K Cr
₹4.0K Cr
₹2.1K Cr
₹2.4K Cr
₹2.8K Cr
₹4.6K Cr
₹2.4K Cr
₹2.9K Cr
₹3.0K Cr
₹4.6K Cr
₹2.3K Cr

Patel Engineering Ltd · PATELENG

₹724 Cr
₹878 Cr
₹1.1K Cr
₹974 Cr
₹893 Cr
₹955 Cr
₹1.2K Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.3K Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.6K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.4K Cr
₹1.3K Cr

PNC Infratech Ltd · PNCINFRA

₹1.8K Cr
₹1.7K Cr
₹2.2K Cr
₹2.1K Cr
₹1.6K Cr
₹1.8K Cr
₹2.3K Cr
₹2.1K Cr
₹1.9K Cr
₹2.0K Cr
₹2.6K Cr
₹2.2K Cr
₹1.4K Cr
₹1.5K Cr
₹1.7K Cr
₹1.4K Cr
₹1.1K Cr
₹1.2K Cr
₹1.6K Cr
₹1.7K Cr

Rail Vikas Nigam Ltd · RVNL

₹4.0K Cr
₹5.0K Cr
₹6.4K Cr
₹4.6K Cr
₹4.9K Cr
₹5.0K Cr
₹5.7K Cr
₹5.6K Cr
₹4.9K Cr
₹4.7K Cr
₹6.7K Cr
₹4.1K Cr
₹4.9K Cr
₹4.6K Cr
₹6.4K Cr
₹3.9K Cr
₹5.1K Cr
₹4.7K Cr
₹6.7K Cr
₹4.3K Cr

Ramky Infrastructure Ltd · RAMKY

—
—
—
—
—
₹417 Cr
₹576 Cr
₹557 Cr
₹582 Cr
₹441 Cr
₹581 Cr
₹569 Cr
₹527 Cr
₹459 Cr
₹489 Cr
₹379 Cr
₹472 Cr
₹489 Cr
₹507 Cr
₹471 Cr

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
—
₹421 Cr
₹473 Cr
₹399 Cr
₹312 Cr
₹316 Cr
₹361 Cr
₹296 Cr
₹268 Cr
₹230 Cr
₹282 Cr
₹243 Cr
₹248 Cr
₹248 Cr
₹283 Cr
₹291 Cr

Revenue growth · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

—
—
—
33%
28%
33%
39%
67%
56%
52%
38%
30%
24%
13%
12%
8.2%
10%
2.0%
17%
5.6%

H.G. Infra Engineering Ltd · HGINFRA

—
—
—
17%
1.4%
25%
43%
22%
20%
15%
11%
13%
-5.6%
-7.3%
-20%
-3.0%
0.2%
12%
4.9%
-26%

Hindustan Construction Company Ltd · HCC

—
—
—
-9.2%
-19%
-49%
—
-14%
-19%
8.6%
-43%
-5.8%
-23%
-32%
-23%
-40%
-32%
-8.1%
-28%
-9.0%

IRB Infrastructure Developers Ltd · IRB

—
—
—
—
—
—
—
—
—
30%
27%
13%
-9.1%
2.8%
4.3%
13%
10%
-7.6%
-10%
1.8%

KNR Constructions Ltd · KNRCON

—
—
—
—
—
—
—
—
—
14%
14%
0.4%
87%
-15%
-31%
-38%
-67%
-12%
-29%
-4.1%

Larsen & Toubro Ltd · LT

—
—
—
—
—
—
—
—
—
19%
15%
15%
21%
17%
11%
16%
10%
10%
11%
6.7%

NBCC (India) Ltd · NBCC

—
—
—
—
—
—
—
—
—
13%
42%
12%
19%
16%
16%
12%
19%
7.6%
-1.8%
-5.5%

Patel Engineering Ltd · PATELENG

—
—
—
46%
23%
8.8%
8.4%
15%
14%
11%
11%
-1.5%
15%
14%
20%
12%
2.9%
2.7%
-12%
3.9%

PNC Infratech Ltd · PNCINFRA

—
—
—
40%
-13%
4.7%
3.6%
1.9%
22%
14%
13%
3.6%
-25%
-28%
-34%
-34%
-21%
-18%
-5.1%
19%

Rail Vikas Nigam Ltd · RVNL

—
—
—
20%
22%
-0.7%
-11%
20%
0.1%
-6.4%
17%
-27%
-1.2%
-2.6%
-4.3%
-4.1%
5.5%
2.6%
4.2%
11%

Ramky Infrastructure Ltd · RAMKY

—
—
—
—
—
—
—
—
—
5.8%
0.9%
2.2%
-9.5%
4.1%
-16%
-33%
-10%
6.5%
3.7%
24%

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
—
—
—
—
—
-25%
-24%
-26%
-14%
-27%
-22%
-18%
-7.5%
7.8%
0.4%
20%
08 · compare level, then change

Operating Economics & Margin Trend

Hazoor Multi Projects Ltd has the highest OPM among the 17 Infra - Construction & Contracting companies compared here, at 84.5%. IRB Infrastructure Developers Ltd is next at 54%. The same company also holds the highest Margin change, at +70.1 percentage points. 17 of 17 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Hazoor Multi Projects Ltd leads both opm at 84.5% and margin change at +70.1 percentage points.

LeaderHazoor Multi Projects Ltd · 84.5%
Gap56.5% versus #2 · IRB Infrastructure Developers Ltd
Persistence4/8 recent comparable periods
Coverage17/17 companies · 323 observations

Investor read: Hazoor Multi Projects Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Hazoor Multi Projects Ltd 53246785%
2IRB Infrastructure Developers Ltd IRB54%
3PNC Infratech Ltd PNCINFRA31%
4H.G. Infra Engineering Ltd HGINFRA28%
5KNR Constructions Ltd KNRCON16%
Margin changefastest expanders
1Hazoor Multi Projects Ltd 532467+70.1 pp
2H.G. Infra Engineering Ltd HGINFRA+10.0 pp
3IRB Infrastructure Developers Ltd IRB+9.0 pp
4PNC Infratech Ltd PNCINFRA+5.0 pp
5SPML Infra Ltd SPMLINFRA⚠ unverified+4.4 pp
Operating margin · company comparison
17/17 level · 17/17 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Hazoor Multi Projects Ltd 53246784%+70.1 ppJun 2026
IRB Infrastructure Developers Ltd IRB54%+9.0 ppJun 2026
PNC Infratech Ltd PNCINFRA31%+5.0 ppJun 2026
H.G. Infra Engineering Ltd HGINFRA28%+10.0 ppJun 2026
KNR Constructions Ltd KNRCON16%−14.0 ppJun 2026
Patel Engineering Ltd PATELENG14%+1.0 ppJun 2026
Likhitha Infrastructure Ltd LIKHITHA⚠ unverified13%−2.7 ppJun 2026
Larsen & Toubro Ltd LT12%−1.0 ppJun 2026
Hindustan Construction Company Ltd HCC11%−5.0 ppJun 2026
Cemindia Projects Ltd CEMPRO10%+1.0 ppJun 2026
SPML Infra Ltd SPMLINFRA⚠ unverified9.0%+4.4 ppJun 2026
Giriraj Civil Developers Ltd GIRIRAJ8.0%+2.0 ppSep 2025
NBCC (India) Ltd NBCC7.0%+2.4 ppJun 2026
Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified7.0%+3.9 ppJun 2026
Ramky Infrastructure Ltd RAMKY6.0%−14.0 ppJun 2026
Rail Vikas Nigam Ltd RVNL4.3%+2.9 ppJun 2026
Vishnu Prakash R Punglia Ltd VPRPL-7.0%−18.0 ppDec 2025
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

6.2%
8.1%
7.1%
8.2%
5.8%
8.0%
9.0%
9.0%
10%
10%
10%
9.0%
9.0%
9.0%
10%
9.0%
9.0%
10%
12%
10%

H.G. Infra Engineering Ltd · HGINFRA

20%
19%
18%
18%
20%
20%
19%
21%
23%
17%
19%
20%
24%
23%
18%
18%
23%
22%
17%
28%

Hindustan Construction Company Ltd · HCC

12%
14%
13%
1.2%
15%
-11%
10%
15%
14%
16%
-7.0%
8.0%
17%
-8.0%
21%
16%
15%
7.0%
17%
11%

IRB Infrastructure Developers Ltd · IRB

47%
50%
41%
53%
48%
48%
45%
44%
41%
42%
37%
43%
43%
49%
46%
45%
53%
55%
56%
54%

KNR Constructions Ltd · KNRCON

21%
16%
25%
22%
27%
22%
20%
22%
22%
23%
26%
28%
45%
30%
23%
30%
30%
22%
24%
16%

Larsen & Toubro Ltd · LT

11%
15%
15%
15%
15%
14%
14%
13%
14%
13%
13%
13%
13%
12%
13%
13%
13%
13%
13%
12%

NBCC (India) Ltd · NBCC

2.7%
3.6%
3.0%
2.9%
4.4%
4.0%
3.7%
3.0%
4.6%
4.8%
6.0%
4.3%
4.1%
5.0%
6.0%
4.6%
3.6%
3.8%
6.0%
7.0%

Patel Engineering Ltd · PATELENG

17%
17%
14%
15%
14%
15%
14%
15%
14%
13%
18%
15%
14%
15%
14%
13%
13%
12%
15%
14%

PNC Infratech Ltd · PNCINFRA

20%
19%
22%
25%
13%
19%
18%
21%
21%
21%
28%
45%
25%
26%
21%
26%
22%
20%
17%
31%

Rail Vikas Nigam Ltd · RVNL

5.6%
6.3%
6.3%
6.1%
6.4%
6.0%
7.0%
6.0%
6.0%
5.0%
7.0%
4.5%
5.0%
5.0%
7.0%
1.4%
4.2%
4.7%
4.0%
4.3%

Ramky Infrastructure Ltd · RAMKY

-34%
27%
20%
24%
19%
21%
17%
28%
31%
17%
16%
20%
24%
20%
0.4%
20%
18%
16%
-0.8%
6.0%

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

4.2%
-2.7%
-2.9%
-1.9%
0.7%
0.9%
3.0%
2.7%
1.8%
2.7%
0.3%
0.3%
1.1%
1.6%
5.0%
3.1%
6.0%
4.1%
8.0%
7.0%

Margin change · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

+6.5 pp
−0.9 pp
−4.4 pp
−1.3 pp
−0.4 pp
−0.1 pp
+1.9 pp
+0.9 pp
+4.2 pp
+2.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
+2.0 pp
+1.0 pp

H.G. Infra Engineering Ltd · HGINFRA

+1.0 pp
+1.8 pp
−0.4 pp
−0.7 pp
+0.5 pp
+0.7 pp
+0.9 pp
+3.0 pp
+2.8 pp
−3.0 pp
0.0 pp
−1.0 pp
+1.0 pp
+6.0 pp
−1.0 pp
−2.0 pp
−1.0 pp
−1.0 pp
−1.0 pp
+10.0 pp

Hindustan Construction Company Ltd · HCC

+25.1 pp
−1.6 pp
+8.9 pp
−5.3 pp
+3.5 pp
−24.9 pp
−3.1 pp
+13.8 pp
−1.1 pp
+26.6 pp
−17.0 pp
−7.0 pp
+3.0 pp
−24.0 pp
+28.0 pp
+8.0 pp
−2.0 pp
+15.0 pp
−4.0 pp
−5.0 pp

IRB Infrastructure Developers Ltd · IRB

+0.9 pp
+4.9 pp
−5.0 pp
+12.4 pp
+1.2 pp
−2.2 pp
+4.5 pp
−9.4 pp
−6.7 pp
−6.0 pp
−8.0 pp
−1.0 pp
+2.0 pp
+7.0 pp
+9.0 pp
+2.0 pp
+10.0 pp
+6.0 pp
+10.0 pp
+9.0 pp

KNR Constructions Ltd · KNRCON

−5.0 pp
−7.7 pp
+2.9 pp
−3.6 pp
+6.3 pp
+5.7 pp
−5.3 pp
+0.5 pp
−5.4 pp
+1.0 pp
+6.0 pp
+6.0 pp
+23.0 pp
+7.0 pp
−3.0 pp
+2.0 pp
−15.0 pp
−8.0 pp
+1.0 pp
−14.0 pp

Larsen & Toubro Ltd · LT

−5.7 pp
−1.9 pp
−1.7 pp
+4.3 pp
+3.4 pp
−1.1 pp
−1.1 pp
−2.1 pp
−0.9 pp
−1.0 pp
−1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
0.0 pp
−1.0 pp

NBCC (India) Ltd · NBCC

+1.6 pp
+0.6 pp
+0.1 pp
+2.3 pp
+1.7 pp
+0.4 pp
+0.7 pp
+0.1 pp
+0.3 pp
+0.8 pp
+2.3 pp
+1.3 pp
−0.5 pp
+0.2 pp
0.0 pp
+0.3 pp
−0.5 pp
−1.2 pp
0.0 pp
+2.4 pp

Patel Engineering Ltd · PATELENG

+6.4 pp
+3.7 pp
+3.3 pp
−0.8 pp
−2.6 pp
−1.7 pp
+0.1 pp
+0.1 pp
−0.3 pp
−2.0 pp
+4.0 pp
0.0 pp
0.0 pp
+2.0 pp
−4.0 pp
−2.0 pp
−1.0 pp
−3.0 pp
+1.0 pp
+1.0 pp

PNC Infratech Ltd · PNCINFRA

−4.0 pp
−6.8 pp
−0.9 pp
+0.5 pp
−7.4 pp
+0.1 pp
−3.6 pp
−4.3 pp
+8.0 pp
+2.0 pp
+10.0 pp
+24.0 pp
+4.0 pp
+5.0 pp
−7.0 pp
−19.0 pp
−3.0 pp
−6.0 pp
−4.0 pp
+5.0 pp

Rail Vikas Nigam Ltd · RVNL

+0.5 pp
+0.4 pp
−0.0 pp
+0.2 pp
+0.8 pp
−0.3 pp
+0.7 pp
−0.1 pp
−0.4 pp
−1.0 pp
0.0 pp
−1.5 pp
−1.0 pp
0.0 pp
0.0 pp
−3.1 pp
−0.8 pp
−0.3 pp
−3.0 pp
+2.9 pp

Ramky Infrastructure Ltd · RAMKY

−40.2 pp
+6.8 pp
+15.1 pp
−6.5 pp
+53.3 pp
−5.7 pp
−3.0 pp
+4.2 pp
+11.9 pp
−4.0 pp
−1.0 pp
−8.0 pp
−7.0 pp
+3.0 pp
−15.6 pp
0.0 pp
−6.0 pp
−4.0 pp
−1.2 pp
−14.0 pp

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

+15.1 pp
−6.2 pp
−7.6 pp
−5.9 pp
−3.5 pp
+3.6 pp
+5.9 pp
+4.6 pp
+1.1 pp
+1.8 pp
−2.7 pp
−2.4 pp
−0.7 pp
−1.1 pp
+4.7 pp
+2.8 pp
+4.9 pp
+2.5 pp
+3.0 pp
+3.9 pp
09 · compare level, then change

Profit Scale & Acceleration

Larsen & Toubro Ltd has the highest Net profit among the 17 Infra - Construction & Contracting companies compared here, at ₹19,624 crore. IRB Infrastructure Developers Ltd is next at ₹954 crore. Giriraj Civil Developers Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Larsen & Toubro Ltd leads with ₹19,624 crore of TTM profit, 20.6× the profit of IRB Infrastructure Developers Ltd. Giriraj Civil Developers Ltd shows ≥100% on the scoring scale (277.8% uncapped) growth from a ₹34 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderLarsen & Toubro Ltd · ₹19,624 crore
Gap20.6× versus #2 · IRB Infrastructure Developers Ltd
Persistence6/8 recent comparable periods
Coverage17/17 companies · 276 observations

Investor read: Larsen & Toubro Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Larsen & Toubro Ltd LT₹19.6K Cr
2IRB Infrastructure Developers Ltd IRB₹954 Cr
3Rail Vikas Nigam Ltd RVNL₹897 Cr
4NBCC (India) Ltd NBCC₹766 Cr
5PNC Infratech Ltd PNCINFRA₹733 Cr
Profit growthfastest growers
1Giriraj Civil Developers Ltd GIRIRAJ · older report100%
2Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified81%
3SPML Infra Ltd SPMLINFRA⚠ unverified81%
4Cemindia Projects Ltd CEMPRO47%
5NBCC (India) Ltd NBCC31%
Net profit · company comparison
17/17 level · 17/17 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Larsen & Toubro Ltd LT₹5.0K Cr16%Jun 2026
PNC Infratech Ltd PNCINFRA₹332 Cr-23%Jun 2026
IRB Infrastructure Developers Ltd IRB₹306 Cr51%Jun 2026
Rail Vikas Nigam Ltd RVNL₹160 Cr19%Jun 2026
NBCC (India) Ltd NBCC₹158 Cr17%Jun 2026
Cemindia Projects Ltd CEMPRO₹141 Cr2.9%Jun 2026
Patel Engineering Ltd PATELENG₹98 Cr21%Jun 2026
KNR Constructions Ltd KNRCON₹81 Cr-34%Jun 2026
Hindustan Construction Company Ltd HCC₹51 Cr0.0%Jun 2026
Ramky Infrastructure Ltd RAMKY₹39 Cr-49%Jun 2026
SPML Infra Ltd SPMLINFRA⚠ unverified₹23 Cr92%Jun 2026
Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified₹11 Cr120%Jun 2026
Likhitha Infrastructure Ltd LIKHITHA⚠ unverified₹7 Cr-47%Jun 2026
Giriraj Civil Developers Ltd GIRIRAJ₹7 Cr133%Sep 2025
Hazoor Multi Projects Ltd 532467₹0 Cr-98%Jun 2026
Vishnu Prakash R Punglia Ltd VPRPL₹-30 Cr-850%Dec 2025
H.G. Infra Engineering Ltd HGINFRA₹-45 Cr-145%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

₹15 Cr
₹20 Cr
₹16 Cr
₹30 Cr
₹20 Cr
₹37 Cr
₹38 Cr
₹52 Cr
₹54 Cr
₹79 Cr
₹90 Cr
₹100 Cr
₹72 Cr
₹87 Cr
₹113 Cr
₹137 Cr
₹108 Cr
₹111 Cr
₹242 Cr
₹141 Cr

H.G. Infra Engineering Ltd · HGINFRA

₹75 Cr
₹101 Cr
₹104 Cr
₹109 Cr
₹82 Cr
₹131 Cr
₹171 Cr
₹150 Cr
₹96 Cr
₹102 Cr
₹190 Cr
₹163 Cr
₹81 Cr
₹115 Cr
₹147 Cr
₹99 Cr
₹52 Cr
₹94 Cr
₹85 Cr
₹-45 Cr

Hindustan Construction Company Ltd · HCC

₹139 Cr
₹64 Cr
—
₹-279 Cr
₹319 Cr
₹-258 Cr
₹190 Cr
₹53 Cr
₹-3 Cr
₹182 Cr
₹246 Cr
₹-2 Cr
₹64 Cr
₹-39 Cr
₹90 Cr
₹51 Cr
₹48 Cr
₹8 Cr
₹59 Cr
₹51 Cr

IRB Infrastructure Developers Ltd · IRB

—
—
—
—
—
₹141 Cr
₹130 Cr
₹134 Cr
₹96 Cr
₹187 Cr
₹189 Cr
₹140 Cr
₹100 Cr
₹6.0K Cr
₹215 Cr
₹202 Cr
₹141 Cr
₹211 Cr
₹296 Cr
₹306 Cr

KNR Constructions Ltd · KNRCON

—
—
—
—
—
₹108 Cr
₹142 Cr
₹133 Cr
₹143 Cr
₹136 Cr
₹341 Cr
₹166 Cr
₹580 Cr
₹248 Cr
₹8 Cr
₹123 Cr
₹105 Cr
₹103 Cr
₹106 Cr
₹81 Cr

Larsen & Toubro Ltd · LT

—
—
—
—
—
₹3.1K Cr
₹4.5K Cr
₹3.1K Cr
₹3.8K Cr
₹3.6K Cr
₹5.0K Cr
₹3.4K Cr
₹4.1K Cr
₹4.0K Cr
₹6.2K Cr
₹4.3K Cr
₹4.7K Cr
₹3.8K Cr
₹6.1K Cr
₹5.0K Cr

NBCC (India) Ltd · NBCC

—
—
—
—
—
₹71 Cr
₹114 Cr
₹77 Cr
₹82 Cr
₹114 Cr
₹141 Cr
₹107 Cr
₹125 Cr
₹142 Cr
₹183 Cr
₹135 Cr
₹157 Cr
₹197 Cr
₹254 Cr
₹158 Cr

Patel Engineering Ltd · PATELENG

₹7 Cr
₹27 Cr
₹38 Cr
₹41 Cr
₹26 Cr
₹24 Cr
₹82 Cr
₹43 Cr
₹38 Cr
₹69 Cr
₹140 Cr
₹55 Cr
₹73 Cr
₹82 Cr
₹38 Cr
₹81 Cr
₹73 Cr
₹72 Cr
₹44 Cr
₹98 Cr

PNC Infratech Ltd · PNCINFRA

₹132 Cr
₹83 Cr
₹247 Cr
₹241 Cr
₹131 Cr
₹140 Cr
₹146 Cr
₹181 Cr
₹148 Cr
₹185 Cr
₹396 Cr
₹575 Cr
₹83 Cr
₹81 Cr
₹75 Cr
₹431 Cr
₹216 Cr
₹77 Cr
₹108 Cr
₹332 Cr

Rail Vikas Nigam Ltd · RVNL

₹279 Cr
₹293 Cr
₹306 Cr
₹298 Cr
₹381 Cr
₹382 Cr
₹359 Cr
₹343 Cr
₹394 Cr
₹359 Cr
₹478 Cr
₹224 Cr
₹287 Cr
₹312 Cr
₹455 Cr
₹134 Cr
₹231 Cr
₹324 Cr
₹182 Cr
₹160 Cr

Ramky Infrastructure Ltd · RAMKY

—
—
—
—
—
₹11 Cr
₹1.1K Cr
₹105 Cr
₹121 Cr
₹38 Cr
₹58 Cr
₹71 Cr
₹83 Cr
₹60 Cr
₹-12 Cr
₹77 Cr
₹76 Cr
₹78 Cr
₹52 Cr
₹39 Cr

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
—
₹-137 Cr
₹-97 Cr
₹-150 Cr
₹-7 Cr
₹-79 Cr
₹164 Cr
₹-10 Cr
₹-11 Cr
₹-11 Cr
₹43 Cr
₹5 Cr
₹9 Cr
₹8 Cr
₹19 Cr
₹11 Cr

Profit growth · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

—
—
—
67%
33%
85%
138%
73%
170%
114%
137%
92%
33%
10%
26%
37%
50%
28%
114%
2.9%

H.G. Infra Engineering Ltd · HGINFRA

—
—
—
7.9%
9.3%
30%
64%
38%
17%
-22%
11%
8.7%
-16%
13%
-23%
-39%
-36%
-18%
-42%
-145%

Hindustan Construction Company Ltd · HCC

—
—
—
-255%
130%
-503%
—
—
-101%
—
29%
-104%
—
-121%
-63%
—
-25%
—
-34%
0.0%

IRB Infrastructure Developers Ltd · IRB

—
—
—
—
—
—
—
—
—
33%
45%
4.5%
4.2%
3,122%
14%
44%
41%
-97%
38%
51%

KNR Constructions Ltd · KNRCON

—
—
—
—
—
—
—
—
—
26%
140%
25%
306%
82%
-98%
-26%
-82%
-58%
1,225%
-34%

Larsen & Toubro Ltd · LT

—
—
—
—
—
—
—
—
—
18%
12%
11%
6.6%
11%
23%
25%
14%
-3.8%
-0.4%
16%

NBCC (India) Ltd · NBCC

—
—
—
—
—
—
—
—
—
61%
24%
39%
52%
25%
30%
26%
26%
39%
39%
17%

Patel Engineering Ltd · PATELENG

—
—
—
—
271%
-11%
116%
4.9%
46%
188%
71%
28%
92%
19%
-73%
47%
0.0%
-12%
16%
21%

PNC Infratech Ltd · PNCINFRA

—
—
—
104%
-0.8%
69%
-41%
-25%
13%
32%
171%
218%
-44%
-56%
-81%
-25%
160%
-4.9%
44%
-23%

Rail Vikas Nigam Ltd · RVNL

—
—
—
28%
37%
30%
17%
15%
3.4%
-6.0%
33%
-35%
-27%
-13%
-4.8%
-40%
-20%
3.9%
-60%
19%

Ramky Infrastructure Ltd · RAMKY

—
—
—
—
—
—
—
—
—
245%
-95%
-32%
-31%
58%
-121%
8.5%
-8.4%
30%
—
-49%

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
-74%
—
—
—
-56%
120%
10 · compare level, then change

Return On Capital Employed

Cemindia Projects Ltd has the highest ROCE among the 17 Infra - Construction & Contracting companies compared here, at 32.8%. NBCC (India) Ltd is next at 31%. Giriraj Civil Developers Ltd has the highest ROCE change at +4 percentage points, so level and change sit with different companies. Its ROCE series carries 15 reported observations across the 20-quarter window.

What the numbers say: Cemindia Projects Ltd leads ROCE at 32.8%, 1.8 percentage points above NBCC (India) Ltd. Giriraj Civil Developers Ltd has the strongest latest improvement at +4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderCemindia Projects Ltd · 32.8%
Gap5.8% versus #2 · NBCC (India) Ltd
Persistence5/8 recent comparable periods
Coverage17/17 companies · 135 observations

Investor read: Cemindia Projects Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Cemindia Projects Ltd CEMPRO33%
2NBCC (India) Ltd NBCC31%
3Hindustan Construction Company Ltd HCC25%
4Giriraj Civil Developers Ltd GIRIRAJ · older report20%
5Larsen & Toubro Ltd LT15%
ROCE changefastest improvers
1Giriraj Civil Developers Ltd GIRIRAJ · older report+4.0 pp
2Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified+2.4 pp
3SPML Infra Ltd SPMLINFRA⚠ unverified+0.7 pp
4Cemindia Projects Ltd CEMPRO+0.1 pp
5Larsen & Toubro Ltd LT0.0 pp
Return on capital · company comparison
17/17 level · 17/17 change

Withheld from this chart: Larsen & Toubro Ltd (LT) — its two data sources disagree by up to 3.5% on reported income across 15 comparable periods, so its derived ratios are withheld; NBCC (India) Ltd (NBCC) — its two data sources disagree by up to 4.8% on reported income across 14 comparable periods, so its derived ratios are withheld; IRB Infrastructure Developers Ltd (IRB) — its two data sources disagree by up to 3.2% on reported income across 14 comparable periods, so its derived ratios are withheld; KNR Constructions Ltd (KNRCON) — its two data sources disagree by up to 1,634% on reported income across 14 comparable periods, so its derived ratios are withheld; Ramky Infrastructure Ltd (RAMKY) — its two data sources disagree by up to 57% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Cemindia Projects Ltd CEMPRO33%+0.1 ppJun 2026
Hindustan Construction Company Ltd HCC14%−6.0 ppJun 2026
H.G. Infra Engineering Ltd HGINFRA13%−1.2 ppJun 2026
Likhitha Infrastructure Ltd LIKHITHA⚠ unverified12%−11.9 ppJun 2026
Patel Engineering Ltd PATELENG10%−1.8 ppJun 2026
PNC Infratech Ltd PNCINFRA8.3%−3.6 ppJun 2026
Rail Vikas Nigam Ltd RVNL5.0%−2.6 ppJun 2026
SPML Infra Ltd SPMLINFRA⚠ unverified3.9%+0.7 ppJun 2026
Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified1.0%+2.4 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Cemindia Projects Ltd · CEMPRO

17%
—
15%
—
16%
—
19%
—
27%
37%
32%
41%
34%
42%
33%
41%
32%
41%
33%
—

H.G. Infra Engineering Ltd · HGINFRA

30%
—
26%
—
24%
—
23%
—
29%
31%
25%
28%
21%
26%
14%
18%
11%
15%
13%
—

Hindustan Construction Company Ltd · HCC

29%
—
—
—
11%
—
6.6%
—
19%
30%
18%
30%
12%
42%
20%
36%
18%
22%
14%
—

Likhitha Infrastructure Ltd · LIKHITHA⚠ unverified

32%
—
30%
—
32%
—
31%
—
29%
36%
28%
33%
27%
31%
24%
26%
19%
19%
12%
—

Patel Engineering Ltd · PATELENG

6.5%
—
9.5%
—
10%
—
11%
—
12%
11%
12%
15%
11%
16%
12%
13%
12%
11%
10%
—

PNC Infratech Ltd · PNCINFRA

13%
—
13%
—
14%
—
13%
13%
12%
15%
14%
20%
16%
18%
12%
12%
10%
13%
8.3%
—

Rail Vikas Nigam Ltd · RVNL

7.9%
—
9.0%
—
9.7%
—
8.8%
—
9.1%
18%
9.1%
17%
8.4%
17%
7.6%
14%
6.5%
14%
5.0%
—

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

-0.8%
—
-7.5%
—
-15%
—
-17%
—
-18%
-4.4%
-11%
-5.8%
-15%
-10%
-1.4%
4.0%
0.2%
7.5%
1.0%
—

SPML Infra Ltd · SPMLINFRA⚠ unverified

-6.8%
—
-0.3%
—
-0.5%
—
2.4%
—
3.2%
5.3%
5.1%
6.8%
7.1%
9.0%
3.2%
6.6%
2.4%
6.8%
3.9%
—

ROCE change · reported quarter history

Cemindia Projects Ltd · CEMPRO

—
—
—
—
−1.2 pp
—
+4.3 pp
—
+11.1 pp
—
+12.1 pp
—
+6.7 pp
+4.8 pp
+1.7 pp
−0.3 pp
−1.5 pp
−0.6 pp
+0.1 pp
—

H.G. Infra Engineering Ltd · HGINFRA

—
—
—
—
−6.0 pp
—
−3.0 pp
—
+5.3 pp
—
+2.1 pp
—
−8.2 pp
−5.0 pp
−10.8 pp
−9.7 pp
−9.2 pp
−11.4 pp
−1.2 pp
—

Hindustan Construction Company Ltd · HCC

—
—
—
—
−18.5 pp
—
—
—
+8.3 pp
—
+11.3 pp
—
−7.1 pp
+11.8 pp
+1.6 pp
+5.9 pp
+5.9 pp
−19.7 pp
−6.0 pp
—

Likhitha Infrastructure Ltd · LIKHITHA⚠ unverified

—
—
—
—
0.0 pp
—
+0.7 pp
—
−2.4 pp
—
−3.4 pp
—
−2.4 pp
−4.3 pp
−3.8 pp
−7.0 pp
−7.5 pp
−12.1 pp
−11.9 pp
—

Patel Engineering Ltd · PATELENG

—
—
—
—
+3.9 pp
—
+1.1 pp
—
+1.2 pp
—
+1.3 pp
—
−0.5 pp
+4.5 pp
0.0 pp
−2.8 pp
+0.4 pp
−5.0 pp
−1.8 pp
—

PNC Infratech Ltd · PNCINFRA

—
—
—
—
+0.3 pp
—
−0.6 pp
—
−1.5 pp
—
+1.1 pp
+7.2 pp
+3.6 pp
+3.4 pp
−1.8 pp
−8.2 pp
−5.6 pp
−4.9 pp
−3.6 pp
—

Rail Vikas Nigam Ltd · RVNL

—
—
—
—
+1.8 pp
—
−0.2 pp
—
−0.6 pp
—
+0.3 pp
—
−0.7 pp
−1.6 pp
−1.5 pp
−3.2 pp
−1.9 pp
−3.0 pp
−2.6 pp
—

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
−14.0 pp
—
−9.7 pp
—
−3.1 pp
—
+5.8 pp
—
+3.1 pp
−5.6 pp
+10.0 pp
+9.8 pp
+15.0 pp
+17.5 pp
+2.4 pp
—

SPML Infra Ltd · SPMLINFRA⚠ unverified

—
—
—
—
+6.3 pp
—
+2.7 pp
—
+3.7 pp
—
+2.7 pp
—
+3.9 pp
+3.7 pp
−1.9 pp
−0.2 pp
−4.7 pp
−2.2 pp
+0.7 pp
—
11 · compare level, then change

Valuation Against Growth & Quality

PNC Infratech Ltd has the lowest PEG among the 17 Infra - Construction & Contracting companies compared here, at 0.17×. Patel Engineering Ltd is next at 0.65×. Patel Engineering Ltd has the lowest P/E at 7.19×, so level and change sit with different companies. 6 of 17 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: PNC Infratech Ltd has the lowest comparable PEG at 0.17×, 73.8% below Patel Engineering Ltd. Only 6 of 17 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderPNC Infratech Ltd · 0.17×
Gap73.8% versus #2 · Patel Engineering Ltd
Persistence0/8 recent comparable periods
Coverage6/17 companies · 37 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1PNC Infratech Ltd PNCINFRA0.2
2Patel Engineering Ltd PATELENG0.7
3Hindustan Construction Company Ltd HCC1.3
4H.G. Infra Engineering Ltd HGINFRA3.2
5Rail Vikas Nigam Ltd RVNL5.1
P/Elowest P/E
1Patel Engineering Ltd PATELENG7.2
2PNC Infratech Ltd PNCINFRA9.2
3KNR Constructions Ltd KNRCON10.9
4H.G. Infra Engineering Ltd HGINFRA13.1
5Ramky Infrastructure Ltd RAMKY14.4
Valuation · company comparison
6/17 level · 17/17 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Cemindia Projects Ltd CEMPRO5.835.4Jun 2026
Rail Vikas Nigam Ltd RVNL5.157.4Jun 2026
H.G. Infra Engineering Ltd HGINFRA3.27.6Jun 2026
Hindustan Construction Company Ltd HCC1.351.5Jun 2026
Patel Engineering Ltd PATELENG0.78.4Jun 2026
PNC Infratech Ltd PNCINFRA0.213.3Jun 2026
Hazoor Multi Projects Ltd 532467—15.0Jun 2026
Larsen & Toubro Ltd LT—35.4Jun 2026
NBCC (India) Ltd NBCC—43.7Jun 2026
IRB Infrastructure Developers Ltd IRB—29.0Jun 2026
KNR Constructions Ltd KNRCON—8.6Jun 2026
Ramky Infrastructure Ltd RAMKY—12.4Jun 2026
Simplex Infrastructures Ltd SIMPLEXINF⚠ unverified—51.0Jun 2026
SPML Infra Ltd SPMLINFRA⚠ unverified—21.0Jun 2026
Likhitha Infrastructure Ltd LIKHITHA⚠ unverified—25.9Jun 2026
Giriraj Civil Developers Ltd GIRIRAJ—88.7Sep 2025
Vishnu Prakash R Punglia Ltd VPRPL—23.8Dec 2025
Full 20-quarter history · every available company

PEG · reported quarter history

Cemindia Projects Ltd · CEMPRO

4.6
—
—
—
0.4
—
—
—
—
—
—
—
—
—
1.0
—
3.0
5.8
—
—

H.G. Infra Engineering Ltd · HGINFRA

—
—
—
—
0.4
0.9
1.2
0.4
0.3
0.3
1.0
3.2
—
—
—
—
—
—
—
—

Hindustan Construction Company Ltd · HCC

—
—
—
—
—
—
—
—
—
—
1.3
—
—
—
—
—
—
—
—
—

Patel Engineering Ltd · PATELENG

—
—
—
—
—
—
0.9
0.3
1.2
—
0.6
0.8
0.6
3.1
—
0.3
0.2
0.2
—
0.7

PNC Infratech Ltd · PNCINFRA

—
—
1.2
—
—
0.5
0.2
—
—
—
—
—
—
—
—
—
—
—
—
—

Rail Vikas Nigam Ltd · RVNL

0.1
—
0.2
0.3
0.4
0.7
—
0.9
1.4
2.7
—
5.1
—
—
—
—
—
—
—
—

P/E · reported quarter history

Showing the 12 largest of 17 companies with a series here. The remaining 5 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cemindia Projects Ltd · CEMPRO

26.4
12.0
10.8
16.0
24.2
23.8
17.4
22.6
25.4
27.2
25.9
33.0
29.0
26.9
28.1
56.6
38.0
37.9
19.3
35.4

H.G. Infra Engineering Ltd · HGINFRA

13.0
10.5
9.5
9.2
9.9
10.2
12.0
11.3
11.5
10.1
11.7
21.8
18.7
18.6
13.2
13.0
12.7
10.5
6.2
7.6

Hindustan Construction Company Ltd · HCC

194.8
6.8
7.6
7.0
7.4
—
-74.4
10.0
—
10.2
38.0
45.6
14.4
—
38.6
30.9
32.9
25.2
23.1
51.5

IRB Infrastructure Developers Ltd · IRB

28.1
28.4
32.8
28.3
18.3
25.1
20.0
22.4
38.5
50.7
65.1
64.9
61.7
54.2
36.4
38.8
29.7
29.3
31.0
29.0

KNR Constructions Ltd · KNRCON

20.5
21.3
23.4
17.1
18.4
18.7
17.1
16.0
16.9
14.3
12.1
12.6
11.7
7.9
5.2
5.8
5.4
7.3
5.7
8.6

Larsen & Toubro Ltd · LT

16.4
30.6
29.7
24.4
28.4
30.5
30.3
33.4
38.0
40.4
41.4
40.0
38.3
36.8
34.6
32.9
33.0
34.6
28.8
35.4

NBCC (India) Ltd · NBCC

32.9
29.2
25.2
18.8
17.4
20.4
17.5
18.1
27.3
35.5
48.9
53.7
57.4
45.6
39.0
54.5
44.6
49.4
32.7
43.7

Patel Engineering Ltd · PATELENG

-5.8
65.2
16.2
18.3
12.4
10.1
9.6
18.6
27.3
28.9
25.4
26.3
22.5
17.4
10.3
11.2
9.5
7.5
6.2
8.4

PNC Infratech Ltd · PNCINFRA

18.1
11.7
13.0
10.2
9.7
10.5
9.7
12.8
15.7
14.7
17.0
13.6
8.5
6.8
5.7
9.5
18.9
15.6
10.6
13.3

Rail Vikas Nigam Ltd · RVNL

5.8
6.2
6.0
5.3
5.6
10.5
9.9
17.9
24.1
25.6
36.2
55.2
75.4
65.9
56.4
64.5
59.3
71.5
48.2
57.4

Ramky Infrastructure Ltd · RAMKY

9.8
7.1
8.0
42.3
49.9
—
—
33.2
23.5
23.1
12.6
13.0
16.9
17.9
11.9
19.8
20.3
20.8
14.4
12.4

Simplex Infrastructures Ltd · SIMPLEXINF⚠ unverified

—
—
—
—
—
—
—
—
—
—
-8.1
—
19.6
26.6
13.9
11.8
12.2
30.4
27.5
51.0
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Infra - Construction & Contracting comparison names 7 specific ways its own evidence can mislead, all listed below. 2 of the 17 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. 3 draw at least one figure from a second feed with too little overlap to cross-check.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
  • 3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 5 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 17 Infra - Construction & Contracting companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-14 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing6 cross-checked · 6 unverified · 5 withheld, of 17 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

14 · questions investors ask, short speakable answers

Infra - Construction & Contracting company comparison FAQs

These 24 answers restate the Infra - Construction & Contracting comparison above in question form. Every one is computed from the same 17 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.

Is the Infra - Construction & Contracting sector outperforming NIFTY 500?

Infra - Construction & Contracting has underperformed NIFTY 500 by 23.5% over 52 weeks and 4% over 13 weeks. 3 of 17 covered companies beat NIFTY on Mansfield relative strength, while 7 of 17 beat the sector itself.

Which Infra - Construction & Contracting company is largest by revenue?

Larsen & Toubro Ltd leads with revenue of ₹2,90,138 crore, based on 17 of 17 comparable companies through Jun 2026.

Which Infra - Construction & Contracting company is growing fastest?

Giriraj Civil Developers Ltd has the fastest current revenue growth at 100%, across 17 of 17 comparable companies.

Which Infra - Construction & Contracting company has the strongest 4-Factor Sector Score?

Cemindia Projects Ltd ranks first at 64.1/100 with 100% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Infra - Construction & Contracting company has the lowest comparable PEG?

PNC Infratech Ltd has the lowest comparable PEG at 0.17, among 6 of 17 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Infra - Construction & Contracting comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Is there a Nifty Infra - Construction & Contracting index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Infra - Construction & Contracting, this page builds its own equal-weight basket of 17 listed Infra - Construction & Contracting companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Infra - Construction & Contracting stocks in India?

Ranked by this page's four-factor score, Cemindia Projects Ltd places first among 17 listed Infra - Construction & Contracting companies, followed by Patel Engineering Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Infra - Construction & Contracting stocks are listed in India?

This comparison covers 17 listed Infra - Construction & Contracting companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Infra - Construction & Contracting company is the biggest?

Larsen & Toubro Ltd is the largest, with trailing-twelve-month revenue of ₹2,90,138 crore, ahead of Rail Vikas Nigam Ltd at ₹20,824 crore. That covers 17 of 17 companies with comparable reporting through Jun 2026.

Which Infra - Construction & Contracting company has the best profit margins?

Hazoor Multi Projects Ltd has the highest operating margin at 84.5%, from 17 of 17 comparable companies. Hazoor Multi Projects Ltd shows the biggest improvement (+70.1 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.

Which Infra - Construction & Contracting company makes the most profit?

Larsen & Toubro Ltd earns the most, at ₹19,624 crore of trailing-twelve-month net profit, from 17 of 17 comparable companies. Giriraj Civil Developers Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Infra - Construction & Contracting company earns the highest return on capital?

Cemindia Projects Ltd leads on return on capital employed at 32.8%, across 17 of 17 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Infra - Construction & Contracting stock is the cheapest?

On PEG — where a LOWER number is cheaper — PNC Infratech Ltd screens cheapest at 0.17×. Only 6 of 17 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Infra - Construction & Contracting sector beating the market?

Infra - Construction & Contracting has underperformed NIFTY 500 by 23.5% over the last 52 weeks and 4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 17 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Infra - Construction & Contracting stock has the strongest price momentum?

Cemindia Projects Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Infra - Construction & Contracting company scores highest for research priority?

Cemindia Projects Ltd scores 64.1 out of 100 with 100% evidence confidence, from 24.6 points on growth and earnings, 17.4 on capital efficiency, 2.1 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Infra - Construction & Contracting companies does this comparison cover, and over what period?

It compares 17 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Infra - Construction & Contracting sector?

The 17 Infra - Construction & Contracting companies on this page carry ₹7,04,559 crore of combined market value. Larsen & Toubro Ltd is the largest at ₹5,58,189 crore, about 79% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-18.

What is the Infra - Construction & Contracting sector's P/E ratio?

The median price-to-earnings ratio across the 17 Infra - Construction & Contracting companies on this page is 23.6×, measured on the 17 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-18.

How is the Infra - Construction & Contracting sector performing?

3 of the 17 covered Infra - Construction & Contracting companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 23.5% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-18.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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