RKEC Projects Ltd. (RKEC) AI Stock Analysis

• Market Cap: ₹875.90M
• Dividend Yield: N/A
• Average Volume (3M): 73.51K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 1.17
• Revenue Growth: -12.26%
• EPS Growth: -36.87%
• Country: IN
• Employees: 481
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.66
• Shares Outstanding: 23,990,600
• 10 Day Avg. Volume: 33,835
• 30 Day Avg. Volume: 73,506
• PEG Ratio: 22.15
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.38
• P/FCF Ratio: -2.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: ₹36.00 ▼(-34.21% Downside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is held back primarily by weak cash generation and deeply negative free cash flow alongside a sharp TTM revenue contraction, which raises funding and execution risk. Technicals add pressure due to a pronounced downtrend with negative MACD, despite oversold readings. Valuation is neutral-to-mildly supportive with a mid-range P/E, but there is no dividend data to strengthen the case.

Positive Factors

Diversified infrastructure contracting

RKEC's diversified project footprint across marine, roads, bridges, buildings, irrigation and industrial work creates durable revenue channels tied to long-term public and private capex. Multi‑segment capability reduces single-project dependency and supports steadier tender wins over 2–6 months and beyond.

Negative Factors

Weak cash generation / negative FCF

Severely negative free cash flow and a sharp deterioration in operating cash indicate persistent working‑capital strain and project payment timing issues. Over months this raises funding needs, constrains reinvestment, and increases reliance on external financing or parent support to sustain operations and tender activity.

RKEC Projects Ltd. Business Overview & Revenue Model

Company Description

RKEC Projects Limited operates as an engineering construction company in India. The company constructs marine structures, such as wharves, berths, jetties, mooring dolphins, intake structures break waters, and coastal-shore protection works; and r...

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RKEC Projects Limited operates as an engineering construction company in India. The company constructs marine structures, such as wharves, berths, jetties, mooring dolphins, intake structures break waters, and coastal-shore protection works; and r...

How the Company Makes Money

RKEC Projects Ltd. generates revenue by executing civil and infrastructure construction contracts awarded by government agencies, public sector undertakings, and private organizations. The company's revenue streams primarily consist of payments fo...

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RKEC Projects Ltd. generates revenue by executing civil and infrastructure construction contracts awarded by government agencies, public sector undertakings, and private organizations. The company's revenue streams primarily consist of payments fo...

RKEC Projects Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.81B	4.22B	3.53B	2.78B	2.11B	2.08B
Gross Profit	562.00M	650.93M	1.06B	772.97M	660.16M	571.44M
EBITDA	397.69M	583.24M	509.31M	519.58M	294.44M	289.99M
Net Income	95.11M	200.38M	199.58M	124.27M	71.19M	127.64M
Balance Sheet
Total Assets	5.74B	5.81B	4.66B	4.40B	3.67B	3.78B
Cash, Cash Equivalents and Short-Term Investments	504.25M	470.60M	130.47M	67.91M	261.45M	8.43M
Total Debt	1.93B	1.95B	1.50B	1.16B	1.41B	1.11B
Total Liabilities	3.64B	3.92B	2.97B	2.92B	2.30B	2.48B
Stockholders Equity	2.10B	1.89B	1.69B	1.49B	1.37B	1.30B
Cash Flow
Free Cash Flow	-394.90M	-708.75M	-19.73M	-107.25M	104.03M	-631.57M
Operating Cash Flow	9.15M	-128.16M	241.27M	160.28M	117.18M	-367.71M
Investing Cash Flow	-271.92M	-439.38M	-310.50M	52.07M	-15.18M	31.84M
Financing Cash Flow	174.59M	370.02M	131.79M	-405.88M	151.01M	301.87M

RKEC Projects Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 54.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RKEC, the sentiment is Neutral. The current price of 54.72 is above the 20-day moving average (MA) of 35.16, above the 50-day MA of 41.10, and below the 200-day MA of 59.75, indicating a neutral trend. The MACD of -3.28 indicates Negative momentum. The RSI at 50.28 is Neutral, neither overbought nor oversold. The STOCH value of 61.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RKEC.

RKEC Projects Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
RKEC	48 Neutral	₹875.90M	20.28	―	―	-12.26%	-36.87%
BRNL	47 Neutral	₹1.61B	2.58	―	―	-57.13%	―
ARSSINFRA	46 Neutral	₹1.25B	-678.38	―	―	-75.03%	-17499.32%
SADBHAV	46 Neutral	₹1.43B	-0.64	―	―	―	―
SADBHIN	43 Neutral	₹813.64M	-0.31	―	―	4.63%	67.17%

RKEC Projects Ltd. Corporate Events