Sector Alpha Week of 2026-09-11
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-11

GHV Infra Projects Ltd

GHVINFRA
Construction - Civil/Turnkey

GHV Infra Projects Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: annual EPS moved +185.7% against a −18.2% price move — the market has not yet caught up with the delivery.

The price is in a downtrend (11 weeks in). Underneath, the last four quarters read mixed. What settles it: whether the price catches up with earnings that have already moved.

Price
₹280
−18.2% 1Y
P/E
39.3×
of its own 1-year range
Revenue (Jun 26)
₹219 Cr
Profit (Jun 26)
₹7.4 Cr
Operating margin
11.1%
ROE
37%
FY26
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

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 ₹280, in a downtrend and 11 weeks into that stage. That is +11.3% against its own 200-day average. It sits at 74% of a 52-week range of ₹99 to ₹344. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks.

Today the stock is in a downtrend — week 11 of stage 4, confirmed. At ₹280 it trades +11.3% versus its 200-day average and sits at 74% of its 52-week range (₹99–₹344).

Aug 26: ₹280 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 2-year window.
+11.3% versus the 200-day line, week 11 of stage 4
Price50-day avg200-day avg
S2S4₹372₹273₹174₹74.7₹−24.2₹280₹251Oct 24Mar 25Jul 25Dec 25Aug 26
S2S4₹372₹273₹174₹74.7₹−24.2₹280₹251Oct 24Jul 25Aug 26
Beating or trailing, week by week since 2019 Each cell is one week from 2019 to now (87 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Nov 19Aug 26

Against the market, two honest reads. Cumulative: over the last 6.7 years the stock moved +9,218% while the NIFTY 500 moved +140% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 4 straight weeks — 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.

02 · Valuation

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 39.3× P/E, against too little history to rank. Its long-run median P/E is 67.0×, measured across 0.5 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 39.3× is against too little history to rank, against a long-run median of 67.0× measured over 0.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 39.3× vs a 67.0× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 0.5-year window. The eps (ttm) bars are red where the reading is lower than the quarter before.
against too little history to rank
P/EMedianEPS (TTM) (quarterly)
153.9×₹7.7120.5×₹5.887.2×₹3.853.8×₹1.920.5×₹0.0×39.30×₹7Feb 26Mar 26May 26Jul 26Aug 26
153.9×₹7.7120.5×₹5.887.2×₹3.853.8×₹1.920.5×₹0.0×39.30×₹7Feb 26May 26Aug 26
P/E
39.3×
too little history to rank

Why the multiple sits where it does: over the past year annual EPS moved +185.7% against a −18.2% 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.

03 · Stage: No read

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.

Growth, year by year: revenue +232.4% in FY26, profit +188.2% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
233.6%188.4%233.0%187.7%232.4%186.9%231.8%186.2%231.2%185.5%%%232.4%188.2%FY25FY26
233.6%188.4%233.0%187.7%232.4%186.9%231.8%186.2%231.2%185.5%%%232.4%188.2%FY25FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfit
301.2%301.2%300.6%300.6%300.0%300.0%299.4%299.4%298.8%298.8%%%300%300%Jun 20Sep 25Jun 26
301.2%301.2%300.6%300.6%300.0%300.0%299.4%299.4%298.8%298.8%%%300%300%Jun 20Sep 25Jun 26

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.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+232.4%
Profit+188.2%
EPS+185.7%
Share price−18.2%
04 · 4-Factor Sector Score

4-Factor Sector Score

No sector-relative score — GHV Infra Projects Ltd is not present in the sector comparison for Construction - Civil/Turnkey.

The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.

05 · Revenue

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

GHV Infra Projects Ltd reported ₹219 Cr of revenue in the Jun 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 ₹754 Cr.

FY26 revenue came in at ₹615 Cr (+232.4% on the year), capping 1 years at 232.4% compound. The latest quarter (Jun 26) printed ₹219 Cr, null year on year.

FY26 revenue ₹615 Cr (+232.4% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 2-year window. A bar is red when it is lower than the year before.
232.4% a year over 1 years
RevenueYoY growth
664233.6%498233.0%332232.4%166231.8%0231.2%₹ Cr%₹615232.4%FY25FY26
664233.6%498233.0%332232.4%166231.8%0231.2%₹ Cr%₹615232.4%FY25FY26
Jun 26: ₹219 Cr (null YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
236647.3%177646.7%118646.1%59645.5%0644.9%₹ Cr%₹219646.1%Jun 20Sep 25Jun 26
236647.3%177646.7%118646.1%59645.5%0644.9%₹ Cr%₹219646.1%Jun 20Sep 25Jun 26

Pace check: the last four quarters averaged +646.1% growth against the decade's 232.4% — the current year is running faster than its own long-run rate.

06 · Operating margin

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 11.1% in the Jun 26 quarter. Across the last four quarters the operating margin has moved −9.3 percentage points.

The latest quarter's operating margin is 11.1%, 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 −9.3 pp year on year while gross margin went +45.7 pp — the loss came mostly from the gross line: input costs and pricing.

FY26: 16.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 2-year window.
within a 13.0–16.0% band over 2 years
operating marginYoY change (pp)
16.2%4.2%15.4%3.6%14.5%3.0%13.6%2.4%12.8%1.8%%%16%3%FY25FY26
16.2%4.2%15.4%3.6%14.5%3.0%13.6%2.4%12.8%1.8%%%16%3%FY25FY26
Jun 26: 11.1% operating margin (null pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
21%1.2%18%0.6%16%0.0%13%−0.6%10%−1.2%%%11.1%0%Jun 20Sep 25Jun 26
21%1.2%18%0.6%16%0.0%13%−0.6%10%−1.2%%%11.1%0%Jun 20Sep 25Jun 26
07 · Net profit

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 ₹7.4 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹49.0 Cr. The 1-year compound rate is 188.2%. That is 3.4% of the quarter's revenue. The same quarter a year earlier earned ₹3.0 Cr.

Jun 26 profit was ₹7.4 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%.

FY26 profit ₹49.0 Cr (+188.2% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 2-year window. A bar is red when it is lower than the year before.
188.2% a year over 1 years
Net profitYoY growth
53189.4%40188.8%26188.2%13187.6%0187.0%₹ Cr%₹49188.2%FY25FY26
53189.4%40188.8%26188.2%13187.6%0187.0%₹ Cr%₹49188.2%FY25FY26
Jun 26: ₹7.4 Cr (null YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
20392.8%14392.2%9391.6%4391.0%−1390.4%₹ Cr%₹7391.6%Jun 20Sep 25Jun 26
20392.8%14392.2%9391.6%4391.0%−1390.4%₹ Cr%₹7391.6%Jun 20Sep 25Jun 26
08 · Cash flow — the router

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.

FY26: CFO ₹−64.0 Cr vs profit ₹49.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 1-year window, annual resolution.
Operating cashNet profit
5825−8−40−73₹ Cr₹−64₹49FY26
5825−8−40−73₹ Cr₹−64₹49FY26
FY26: CFO = −131% of profit Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
118%51%−15%−82%−149%%−131%FY26
118%51%−15%−82%−149%%−131%FY26

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

09 · Where the cash 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.

10 · Returns on capital

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.

11 · Debt

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×.

FY26: borrowings ₹192 Cr at 1.47× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 1-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
2072.6×1562.0×1041.5×520.9×00.3×₹ Cr×₹1921.47×FY26
2072.6×1562.0×1041.5×520.9×00.3×₹ Cr×₹1921.47×FY26
12 · Ownership

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.

Fiscal-year ends: promoters −9.6 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersPublic
78%64%50%36%22%%64.0%36.0%Mar 24Mar 25Mar 26
78%64%50%36%22%%64.0%36.0%Mar 24Mar 25Mar 26
Promoters cut 9.6 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersPublic
104%77%50%23%−3.9%%64.0%36.0%Jun 23Dec 24Jun 26
104%77%50%23%−3.9%%64.0%36.0%Jun 23Dec 24Jun 26
13 · 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.

14 · Related companies

No sector comparison is shown here — not present in the sector comparison.

15 · Frequently asked questions

Frequently asked questions

What is GHV Infra Projects Ltd's share price today?

GHV Infra Projects Ltd trades at ₹280, −18.2% over the past year. The company is valued at ₹2,015 Cr. The stock sits at 74% of its 52-week range of ₹99–₹344, +11.3% versus its 200-day average. On the tape, the price is in a downtrend, 11 weeks in. — as of 11 September 2026.

What were GHV Infra Projects Ltd's latest quarterly results?

GHV Infra Projects Ltd reported revenue of ₹219 Cr and net profit of ₹7.4 Cr for the Jun 26 quarter. Earnings per share were ₹1.02. The operating margin was 11.1%. — as of 11 September 2026.

What is GHV Infra Projects Ltd's revenue?

GHV Infra Projects Ltd reported revenue of ₹219 Cr in the Jun 26 quarter. For the full FY26 fiscal year, revenue was ₹615 Cr (+232.4%). Over the last 1 years revenue compounded at 232.4% a year. — as of 11 September 2026.

What is GHV Infra Projects Ltd's profit?

GHV Infra Projects Ltd earned ₹7.4 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹49.0 Cr. The operating margin ran 11.1% in the latest quarter. — as of 11 September 2026.

What is GHV Infra Projects Ltd's market cap?

GHV Infra Projects Ltd's market capitalisation is ₹2,015 Cr at a share price of ₹280. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.

Does GHV Infra Projects Ltd pay a dividend?

No — GHV Infra Projects Ltd has recorded a dividend payout of 0% of profit in each of its last 2 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 11 September 2026.

How is GHV Infra Projects Ltd performing?

GHV Infra Projects Ltd is in a downtrend, 11 weeks in. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 4 weeks. This describes what the data did, not a rating. — as of 11 September 2026.

Is GHV Infra Projects Ltd in an uptrend?

No — the price is in a downtrend (week 11 of stage 4), trading +11.3% versus its 200-day average and at 74% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.

Is GHV Infra Projects Ltd beating the market?

On recent form, yes — GHV Infra Projects Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 6.7 years the stock moved +9,218% against the NIFTY 500's +140% — ahead of the index over the full window. — as of 11 September 2026.

Will GHV Infra Projects Ltd's share price go up?

This page publishes no price forecast for GHV Infra Projects Ltd. What it measures instead: the share price is ₹280, the price is in a downtrend 11 weeks in. Direction is not something this site claims to know. — as of 11 September 2026.

Who owns GHV Infra Projects Ltd?

Promoters hold 64.0% of GHV Infra Projects Ltd, foreign institutions null%, domestic institutions null% and the public 36.0% (latest quarter). The biggest move on the register over the last two years: Promoters cut 9.6 points over 8 quarters. — as of 11 September 2026.

Does GHV Infra Projects Ltd have too much debt?

It carries real leverage — GHV Infra Projects Ltd's debt-to-equity is 1.47, and operating profit covers the interest bill 3×. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. Read the returns on this page with that leverage in mind — as of 11 September 2026.

What is GHV Infra Projects Ltd's cash flow?

GHV Infra Projects Ltd consumed ₹64.0 Cr of operating cash in FY26 — cash flowed out rather than in. Operating cash was negative while the company reported a profit of ₹49.0 Cr. Cash-flow resolution for India is annual. — as of 11 September 2026.

Where is GHV Infra Projects Ltd in its business cycle?

GHV Infra Projects Ltd's FY26 operating margin was 16.0%, against a 2-year band of 13.0%–16.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 11.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.

What could break the GHV Infra Projects Ltd story?

The sharpest disagreement: annual EPS moved +185.7% against a −18.2% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.

Is GHV Infra Projects Ltd a stock worth studying right now?

This is not investment advice. The machine read: GHV Infra Projects Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-11. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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