Hindustan Construction Company share price today

Hindustan Construction Company Ltd's share price was ₹18.72 at the close on 4 November 2026. It has been falling for 3 weeks. That is 12.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹15 and ₹27, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Hindustan Construction Company Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 16 weeks running.

Over the last 11 years the share price moved +29% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: indian funds and insurers (DIIs) cut their stake for 7 quarters in a row, revenue down on a year earlier for 10 quarters in a row and operating margin down 5 points on a year earlier.

1. Indian funds and insurers (DIIs) cut their stake for 7 quarters in a row

   From 7.5% to 3.2% of the company by the September 2026 quarter.

2. Revenue down on a year earlier for 10 quarters in a row

   In the June 2026 quarter revenue was ₹993 crore, -9% on a year earlier.

   Why: Revenue fell because winning new contracts was the company's main problem, so there was less work to bill.

   Next results: check whether the contracts where HCC is lowest bidder turn into orders as promised.

   From the earnings call on 6 Aug 2026.

3. Operating margin down 5 points on a year earlier

   11% in the June 2026 quarter, from 16%.

   Why: Margins fell because many new projects are still being set up and not yet earning.

   Next results: check whether the new projects start adding to profit as they move from setup into work.

   From the earnings call on 6 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Hindustan Construction Company reported revenue of ₹993 crore, down 9.0% from ₹1,091 crore a year earlier, and a profit of ₹51.0 crore, up 0.0% from ₹51.0 crore.

Hindustan Construction Company results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Hindustan Construction Company's management discussed these results on a call held on 6 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Hindustan Construction Company closed at ₹18.72 on 4 November 2026, down 15.5% from ₹22.15 a year earlier (7 November 2025) and up 143.8% over five years. Its highest weekly close since March 2016 was ₹46.62 on 26 July 2024.

Hindustan Construction Company share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Hindustan Construction Company closed at ₹18.72, up 9.0% on the week and down 7.5% on the month. 6 Aug 2026: Hindustan Construction Company held its results call for April to June 2026. Management guided: ₹100 crore debt prepayment planned for August 2026; further significant prepayment work underway.

Earlier

• Results for April to June 2026: Revenue down 9.0% and profit up 0.0% on a year earlier.

Hindustan Construction Company has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Hindustan Construction Company Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 6 August 2026, Hindustan Construction Company's management guided: ₹100 crore debt prepayment planned for August 2026; further significant prepayment work underway.

“I certainly believe that we could have done better on order booking by now. Let us be very clear about that.”Arjun Dhawan, on the call for April to June 2026

What management guided

• FY27 new-order goal ₹15,000 crore maintained; L1 positions planned for conversion by end-Q2 and current order-book execution over 3-3.5 years.
• FY27 operating profit run-rate planned at 13-14% by year-end; average full-year margins framed in the mid-teens.
• FY28 revenue growth framed at 15-25%, with 20% or more planned from a low base.
• Arbitration awards expected to monetize over 3-4 years; HCC planned to be largely debt-free within that timeline without relying on recoveries.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 6 August 2026.

When Hindustan Construction Company reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: L1 conversion at the next quarter-end - check whether pending positions enter the order book as promised.

Hindustan Construction Company is on one of our India lists: Penny stocks.

Hindustan Construction Company Ltd earned ₹51.0 Cr of net profit in the Jun 2026 quarter, +0.0% on the same quarter a year earlier. Full-year FY26 profit was ₹166 Cr. That is 5.1% of the quarter's revenue. The same quarter a year earlier earned ₹51.0 Cr. 3 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹166 Cr (+46.9% on the year before).

Why profit moved: revenue changed −9.0% on a year earlier and the margin moved −5.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −19.8% and revenue −19.1%. Profit and revenue are moving at about the same pace.

Hindustan Construction Company Ltd reported ₹993 Cr of revenue in the Jun 2026 quarter, −9.0% on the same quarter a year earlier. Over 10 years it has grown −7.4% a year on average. The last full year, FY26, came in at ₹3,970 Cr. The last four reported quarters add to ₹3,871 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹3,970 Cr, −29.1% on the year before.

Recent pace: the last four quarters grew −19.1% on average, against −7.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −20.7%, against −25.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +0.0%, against −37.4% a year (accelerating).

Hindustan Construction Company Ltd's operating margin was 11.0% in the Jun 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 4.7% and 16.0%. The latest quarter is within that range.

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

Why the margin moved: operating margin changed −5.9 percentage points on the year while gross margin changed −3.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 148% of Hindustan Construction Company Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹892 Cr of operating cash against ₹166 Cr of profit. After ₹44.0 Cr of spending on assets, ₹848 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

Hindustan Construction Company Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹3,970 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹61.0 Cr.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Over the last 3 years, money from selling assets was ₹61.0 Cr more than it spent on new ones. Work still in progress is ₹19.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

Hindustan Construction Company Ltd's P/E is 36.4×, in the middle of its own history: higher than 57% of past readings. Its usual P/E (the middle reading) is 27.4×, over 7.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹0.64.

Why the multiple is where it is: over the past year earnings per share moved +46.5% while the price moved −15.5%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +19.5% a year; about +67.0% a year came from earnings growth and about −47.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Hindustan Construction Company Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 18.1%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.