RKEC Projects Ltd. (RKEC) AI Stock Analysis

• Market Cap: ₹708.20M
• Dividend Yield: N/A
• Average Volume (3M): 73.51K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 1.18
• 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: ₹29.00 ▼(-47.00% 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

Sustainable Margins

Consistent mid-single to low-double digit margins indicate underlying project-level profitability and pricing discipline. For a contracting business, steady gross and EBIT margins provide a durable buffer to absorb cost overruns and support reinvestment, aiding resilience through revenue cycles and preserving profitability even if volumes wobble.

Negative Factors

Weak Cash Generation

Persistently negative free cash flow and weak operating cash generation indicate working-capital stress and cash timing mismatches on projects. This structural cash shortfall forces reliance on external funding, raises execution risk on ongoing contracts, and constrains the firm's ability to fund mobilization and growth without additional financing.

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: Negative
• Last Price: 54.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RKEC, the sentiment is Negative. The current price of 54.72 is above the 20-day moving average (MA) of 37.51, above the 50-day MA of 42.75, and below the 200-day MA of 60.81, indicating a bearish trend. The MACD of -3.66 indicates Positive momentum. The RSI at 24.80 is Positive, neither overbought nor oversold. The STOCH value of 12.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	₹708.20M	20.28	―	―	-12.26%	-36.87%
BRNL	47 Neutral	₹1.52B	2.58	―	―	-57.13%	―
ARSSINFRA	46 Neutral	₹1.25B	-678.38	―	―	-75.03%	-17499.32%
SADBHAV	46 Neutral	₹1.33B	-0.64	―	―	―	―
SADBHIN	43 Neutral	₹796.03M	-0.31	―	―	4.63%	67.17%

RKEC Projects Ltd. Corporate Events