Construction sector

Industry analysis

Civil Construction

Read from what its listed companies are showing. Valuations are compared within this industry.

Weakening

182 listed companies · ₹ 2,64,142 Cr. total market value
  • ●51% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 0%. 16% made a loss.
  • ▼4 credit rating upgrades and 8 downgrades in the last 90 days.
  • –93 good and 11 bad company announcements, including 48 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
  • ▼The typical share is down 14% in 3 months; 18% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 14.4, 19% below these companies' usual level (cheaper than normal).
  • –Raised ₹ 1,425 Cr. by issuing shares (2 issues) in 90 days; 6 more fund raises on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Civil Construction share against the typical share on the market, both starting at 100. Now 68 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers
Details
Brahmaputra Infrastructure
BRAHMINFRA
7.8 vs 14.446% cheaper+20.7% / +6.7%₹ 477.76 Cr.
G R Infraprojects
GRINFRA
8.1 vs 14.444% cheaper+40% / +46.7%₹ 7,739.28 Cr.
GK Energy
GKENERGY
8.4 vs 14.442% cheaper+71.2% / +62.2%₹ 1,907.49 Cr.
Garuda Construction and Engineering
GARUDA
9.5 vs 14.434% cheaper+40% / +50%₹ 1,285.72 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Good news

  1. Ceigall IndiaStrong results
  2. Kalpataru Projects InternationalBig order won
  3. Welspun EnterprisesBig order won
  4. KNR ConstructionsStrong results
  5. Larsen & Toubro LtdStrong results

Warning signs

  1. BGR Energy SystemsMissed a loan payment
  2. Madhucon ProjectsMissed a loan payment
  3. McNally Bharat Engineering Company LtdMissed a loan payment
  4. Teerth GopiconInsolvency case
  5. IL&FS Engineering and Construction Company LtdInsolvency case

Companies

The 150 largest of 182, by market value. Click a column to sort.

Civil Construction companies
Signs (90 days)
Rail Vikas Nigam
RVNL
Civil Construction₹ 37,551.21 Cr.+10.5%+19.4%42−19.5%
Kalpataru Projects International
KPIL
Civil Construction₹ 22,232.39 Cr.+3.8%+45.8%19.9+1.6%
Big order won
Cemindia Projects
CEMPRO
Civil Construction₹ 19,295.75 Cr.+5.6%+2.9%35.1−10.8%
Credit rating raised
NBCC (India)
NBCC
Civil Construction₹ 18,414 Cr.−5.5%+17%26.9−25.5%
Engineers India
ENGINERSIN
Civil Construction₹ 13,621.1 Cr.−5.7%+143.1%17.4+10.9%
Central Mine Planning & Design Institute Ltd
CMPDI
Civil Construction₹ 13,325.61 Cr.+7.4%+10.2%19.7−24.4%
Strong results
Welspun Enterprises
WELENT
Civil Construction₹ 8,765.72 Cr.−8.4%−44.6%24.7+7.1%
Big order won
KEC International
KEC
Civil Construction₹ 8,715.3 Cr.0%−41.6%14.5−30.8%
Big order won
Afcons Infrastructure
AFCONS
Civil Construction₹ 8,006.78 Cr.−20.7%−78.1%39.1−26.1%
Rating outlook cut
G R Infraprojects
GRINFRA
Civil Construction₹ 7,739.28 Cr.+40%+46.7%8.1−14.1%
NCC
NCC
Civil Construction₹ 7,339.52 Cr.+12.2%+11.7%10.1−18.4%
Big order won
Power Mech Projects
POWERMECH
Civil Construction₹ 6,713.64 Cr.+25.6%+9.9%17.2−18.2%
Ceigall India
CEIGALL
Civil Construction₹ 6,380.85 Cr.+15.8%+25.5%19.7+13.3%
Strong results
Shrem Invit
SHREMINVIT
Civil Construction₹ 6,175.63 Cr.−5.4%−34.5%8+0.1%
Dilip Buildcon
DBL
Civil Construction₹ 5,867.51 Cr.−9.2%−52.8%10.5−9.2%
Expansion or acquisition
Hindustan Construction Company
HCC
Civil Construction₹ 4,555.26 Cr.−9%0%33.6−17.4%
Ahluwalia Contracts (India)
AHLUCONT
Civil Construction₹ 3,583.16 Cr.+12%−80.4%16.1−34.5%
PNC Infratech
PNCINFRA
Civil Construction₹ 3,490.43 Cr.+18.6%−23%5.7−44.1%
Strong results
Lcc Projects
LCCPROJECT
Civil Construction₹ 3,461.57 Cr.——12.2—
Sterling and Wilson Renewable Energy
SWSOLAR
Civil Construction₹ 3,339.64 Cr.−12.6%—14.4−32.1%
Strong resultsCredit rating cut
Vindhya Telelinks
VINDHYATEL
Civil Construction₹ 2,894.23 Cr.−20.8%+22.6%12.4+41.9%
NXT-Infra Trust
NXT-INFRA
Civil Construction₹ 2,778.75 Cr.+7.4%+72.1%42+2.1%
KNR Constructions
KNRCON
Civil Construction₹ 2,759.19 Cr.−4.1%−34.1%8.1−17.6%
Strong results
Ashoka Buildcon
ASHOKA
Civil Construction₹ 2,753.89 Cr.−20.5%−44.1%4.1−21.2%
Interarch Building Solutions
INTERARCH
Civil Construction₹ 2,501.41 Cr.+20.7%0%18.3−17.5%
Patel Engineering
PATELENG
Civil Construction₹ 2,219.59 Cr.+3.9%+21%5.7−16.7%
BGR Energy Systems
BGRENERGY
Civil Construction₹ 2,010.06 Cr.−82%Loss9.1−2%
Missed a loan payment
Simplex Infrastructures
SIMPLEXINF
Civil Construction₹ 1,967.52 Cr.+19.8%+120%43.6+7.3%
GK Energy
GKENERGY
Civil Construction₹ 1,907.49 Cr.+71.2%+62.2%8.4−23.6%
Big order won
GHV Infra Projects
505504
Civil Construction₹ 1,749.36 Cr.+1,084.2%+148.6%34−16.3%
Ramky Infrastructure
RAMKY
Civil Construction₹ 1,681.54 Cr.+24.3%−49.4%9.1−30.3%
Big order won
Indian Hume Pipe Company
INDIANHUME
Civil Construction₹ 1,591.77 Cr.−1.3%+9.1%17−23.8%
M & B Engineering
MBEL
Civil Construction₹ 1,448.15 Cr.+22.3%+22.2%14.9−13%
Expansion or acquisition
GPT Infraprojects
GPTINFRA
Civil Construction₹ 1,437.25 Cr.−3.5%−4%14.4−9.3%
Big order won
Vikran Engineering
VIKRAN
Civil Construction₹ 1,365.03 Cr.−60.2%−89.4%14.7−27.8%
Big order won
Garuda Construction and Engineering
GARUDA
Civil Construction₹ 1,285.72 Cr.+40%+50%9.5−16.9%
Capacite Infraprojects
CAPACITE
Civil Construction₹ 1,260.6 Cr.+6.8%−14.9%6.8−31.5%
Big order won
SPML Infra
SPMLINFRA
Civil Construction₹ 1,091.49 Cr.+82.1%+91.7%12.8−32.1%
Solarworld Energy Solutions
SOLARWORLD
Civil Construction₹ 949.93 Cr.+146.8%−26.4%8−43.1%
Sathlokhar Synergys E&C Global
SSEGL
Civil Construction₹ 930.03 Cr.+66.7%+133.3%9+8.5%
Gayatri Projects
GAYAPROJ
Civil Construction₹ 870.56 Cr.+197.4%—6.90%
Debt repaid
A B Infrabuild
ABINFRA
Civil Construction₹ 807.43 Cr.+25.9%+4.3%42.2+24.2%
Likhitha Infrastructure
LIKHITHA
Civil Construction₹ 802.89 Cr.−30.5%−47.2%24.6−5.6%
SRM Contractors
SRM
Civil Construction₹ 796.18 Cr.+38%+53.8%6.8−25.3%
Big order won
Viviana Power Tech
VIVIANA
Civil Construction₹ 697.6 Cr.+245.8%+231.6%12.4−1%
Big order won
Axentra Corp Ltd
511634
Civil Construction₹ 570.9 Cr.——1,038—
Goel Construction Company
544504
Civil Construction₹ 559.28 Cr.——12.6−12.9%
ETOE Transportation Infrastructure
E2ERAIL
Civil Construction₹ 483.21 Cr.——28.7+1.5%
Brahmaputra Infrastructure
BRAHMINFRA
Civil Construction₹ 477.76 Cr.+20.7%+6.7%7.8—
Supreme Infrastructure India
SUPREMEINF
Civil Construction₹ 475.17 Cr.+200%Loss4−35.4%
Promoters selling or pledging
Univastu India
UNIVASTU
Civil Construction₹ 460.09 Cr.+258.6%+150%15.2−2.1%
Expansion or acquisition
B.R.Goyal Infrastructure
544335
Civil Construction₹ 452.67 Cr.+36.8%+61.1%10.1+24%
Om Power Transmission Ltd
OMPOWER
Civil Construction₹ 415.48 Cr.+17.3%−8.3%11.5−20.8%
Hazoor Multi Projects
HAZOOR
Civil Construction₹ 402.1 Cr.−33.5%−97.8%12.9—
Markolines Pavement Technologies
MARKOLINES
Civil Construction₹ 379.57 Cr.−15.3%+15%14−1.3%
Ganesh Infraworld
GANESHIN
Civil Construction₹ 323.91 Cr.+109.4%+100%3.6−17.6%
Chavda Infra
CHAVDA
Civil Construction₹ 310.23 Cr.−24.9%−63.9%18.5+8.8%
GRE Renew Enertech Ltd
544682
Civil Construction₹ 306.98 Cr.——25.1+15%
Vishnu Prakash R Punglia
VPRPL
Civil Construction₹ 303.87 Cr.−50%Loss72.3−6.6%
Credit rating cut
MBL Infrastructure
MBLINFRA
Civil Construction₹ 292.89 Cr.+35.6%Loss10.7−27.2%
Zodiac Energy
ZODIAC
Civil Construction₹ 287.86 Cr.+44.6%+161%11.3−19.9%
SAB Industries
SAB
Civil Construction₹ 280.93 Cr.0%−37%39.3—
Leapfrog Engineering Services Ltd
544797
Civil Construction₹ 279.33 Cr.——14.4−9.1%
Savy Infra and Logistics
SAVY
Civil Construction₹ 264.06 Cr.——6.2+3.3%
Annu Projects Ltd
ANNU
Civil Construction₹ 244.95 Cr.——11.7—
Mold-Tek Technologies
MOLDTECH
Civil Construction₹ 244.25 Cr.+78.9%+1,223.5%26.5+19.8%
Atlantaa
ATLANTAA
Civil Construction₹ 241.31 Cr.+26.3%Loss44.3−3.8%
Globe Civil Projects
GLOBECIVIL
Civil Construction₹ 220.99 Cr.+41%+41.5%8.6−15.3%
Suyog Gurbaxani Funicular Ropeways
543391
Civil Construction₹ 211.33 Cr.—Loss35.5−21.4%
Solarium Green Energy
544354
Civil Construction₹ 209.96 Cr.——12.8−44.5%
Telge Projects
544544
Civil Construction₹ 208.34 Cr.+100.8%+145.1%27.3+14.2%
Infrax Renewable
544919
Civil Construction₹ 204.98 Cr.——20.5—
Madhav Infra Projects
MADHAVIPL
Civil Construction₹ 188.46 Cr.+0.9%−16.4%7.3−12%
HVAX Technologies
HVAX
Civil Construction₹ 186.88 Cr.+29.9%+28.6%13.1+15.2%
Current Infraprojects
CURRENT
Civil Construction₹ 170.42 Cr.——12.1−17.2%
Refex Renewables & Infrastructure
531260
Civil Construction₹ 162.6 Cr.+32.6%Loss0.4—
Srinibas Pradhan Constructions
SPCON
Civil Construction₹ 157.22 Cr.——19.1+64.4%
AVP Infracon
AVPINFRA
Civil Construction₹ 151.87 Cr.+159.1%+72.7%4.3−14.3%
Strong results
Modulex Construction Technologies
504273
Civil Construction₹ 144.21 Cr.—Loss31.4−28.4%
Niraj Cement Structurals
NIRAJ
Civil Construction₹ 143.66 Cr.+10.4%+269.1%6.1−18.4%
Safety Controls & Devices Ltd
544746
Civil Construction₹ 140.77 Cr.——9.8−1.2%
Karbonsteel Engineering
544511
Civil Construction₹ 136.92 Cr.——13−9.4%
Rudrabhishek Enterprises
REPL
Civil Construction₹ 135.5 Cr.−49.7%−78.7%33.4−1.7%
Oneindig Technologies Ltd
544852
Civil Construction₹ 130.44 Cr.——34—
Tarmat
TARMAT
Civil Construction₹ 126.4 Cr.+43.6%+121.7%18.2+5.4%
Jayant Infratech
543544
Civil Construction₹ 120.7 Cr.−1.7%+33.3%16+47.4%
Desco Infratech
544387
Civil Construction₹ 119.75 Cr.+250%+233.3%7.4−9.1%
Winsol Engineers
WINSOL
Civil Construction₹ 118.75 Cr.+66.7%+40%8.2−11.7%
Bharat Road Network
BRNL
Civil Construction₹ 118.37 Cr.+2.2%Loss6−22.1%
Aesthetik Engineers
AESTHETIK
Civil Construction₹ 117.1 Cr.+105.1%0%16.4−1.5%
HEC Infra Projects
HECPROJECT
Civil Construction₹ 115.75 Cr.+11.5%+3%9−22.9%
Mahendra Realtors & Infrastructure
MRIL
Civil Construction₹ 113.39 Cr.——6.3−31%
Sadbhav Engineering
SADBHAV
Civil Construction₹ 108.23 Cr.−8.1%+48.4%37.5−28.4%
BCPL Railway Infrastructure
BCPL
Civil Construction₹ 103.25 Cr.+12.2%+652.8%12.4−9.1%
Udayshivakumar Infra
USK
Civil Construction₹ 98.31 Cr.−20.5%—8.3−23.7%
Giriraj Civil Developers
GIRIRAJ
Civil Construction₹ 95.68 Cr.+74.2%−11.1%6.5−46.7%
Maruti Infrastructure
531540
Civil Construction₹ 93.75 Cr.−65.7%−35.7%213−6.7%
Lakshya Powertech
LAKSHYA
Civil Construction₹ 92.77 Cr.+4.6%−70%9.3+2.7%
Big order wonCredit rating cut
Kay Cee Energy & Infra
KCEIL
Civil Construction₹ 90.46 Cr.+102.5%+150%4.8−17.5%
Big order won
Navkar Urbanstructure
NAVKARURB
Civil Construction₹ 89.76 Cr.−70.8%+7.4%29.6−24%
Integrity Infrabuild Developers
INTEGRITY
Civil Construction₹ 86.86 Cr.——12.5+25.8%
Oval Projects Engineering
544498
Civil Construction₹ 85.16 Cr.——6.4−13.5%
Mapro Industries
509762
Civil Construction₹ 74.83 Cr.+60.9%+136.4%82.2+81.4%
Konstelec Engineers
KONSTELEC
Civil Construction₹ 72.71 Cr.−13.1%0%10−30.4%
Banka BioLoo
BANKA
Civil Construction₹ 71.09 Cr.−5.3%Loss111−30.4%
Valplast Technologies
544565
Civil Construction₹ 70.68 Cr.——12.8+0.1%
Samay Project Services
SAMAY
Civil Construction₹ 70.61 Cr.——11.5+6.5%
Suntech Infra Solutions
SUNTECH
Civil Construction₹ 70.58 Cr.+98.2%+57.1%5.2+11.8%
Paluck Technologies Ltd
544897
Civil Construction₹ 68.89 Cr.——4.9—
Mayasheel Ventures
MAYASHEEL
Civil Construction₹ 65.71 Cr.——4−26.9%
Semac Construction
SEMAC
Civil Construction₹ 65.5 Cr.−41%−63%9.9−28.5%
H.M. Electro Mech Ltd
544349
Civil Construction₹ 63.71 Cr.——6.5−8.5%
IL&FS Transportation Networks
IL&FSTRANS
Civil Construction₹ 63.49 Cr.+7.7%Loss0.3−15%
Readymix Construction Machinery
READYMIX
Civil Construction₹ 62.46 Cr.——8.3−43.1%
Rachana Infrastructure
RILINFRA
Civil Construction₹ 61.12 Cr.+38.5%+200%5.8−17.8%
Big order won
K&R Rail Engineering
514360
Civil Construction₹ 57.93 Cr.+13.5%−20.1%51−33.9%
Rudra Gas Enterprise
544121
Civil Construction₹ 55.86 Cr.+121.9%+200%6.5−6.9%
Chiraharit
544561
Civil Construction₹ 55.34 Cr.——624.1+47.8%
Popular Foundations
544259
Civil Construction₹ 52.92 Cr.+47.4%−96.3%62.3−17.2%
Sonu Infratech
SONUINFRA
Civil Construction₹ 52.89 Cr.−0.9%−12.6%4.1+7.7%
VSF Projects
519331
Civil Construction₹ 52.53 Cr.—Loss42.4−16.5%
Manav Infra Projects
MANAV
Civil Construction₹ 51 Cr.+265.1%+237.4%12.5+51.1%
Rulka Electricals
RULKA
Civil Construction₹ 48.15 Cr.+57.1%−50%14.7−2%
K2 Infragen
K2INFRA
Civil Construction₹ 47.45 Cr.+91.8%0%3.6−24.6%
Teamo Productions HQ
TPHQ
Civil Construction₹ 46.51 Cr.+19.1%+811.3%390.7+9.8%
Conart Engineers
522231
Civil Construction₹ 46.33 Cr.+35.9%−2.8%12.2−17.4%
Rkec Projects
RKEC
Civil Construction₹ 42.78 Cr.−77.6%Loss7.4−15.2%
Shreeshay Engineers
541112
Civil Construction₹ 41.43 Cr.−100%−84.8%1,381.1−4.5%
Akash Infra-Projects
AKASH
Civil Construction₹ 38.97 Cr.+84.5%+11.8%38.9−13.1%
CCL International
531900
Civil Construction₹ 38.66 Cr.−27%Loss23.4−3.4%
Promax Power
543375
Civil Construction₹ 38.15 Cr.+9.1%Loss62.5+44.6%
Kaizen Agro Infrabuild
538833
Civil Construction₹ 35.84 Cr.−93.3%−44.4%716.7−35.2%
VL Infraprojects
VLINFRA
Civil Construction₹ 35.75 Cr.+70.6%+33.3%4.2−13.7%
Yuranus Infrastructure
536846
Civil Construction₹ 34.25 Cr.+26,433.3%—46.9+1.9%
Modern Engineering and Projects
539762
Civil Construction₹ 31.45 Cr.−58.6%−62.4%4.3−16%
Salasar Exteriors and Contour
SECL
Civil Construction₹ 28.31 Cr.−100%Loss28.4—
Madhucon Projects
MADHUCON
Civil Construction₹ 28.04 Cr.−68.2%—1.1−20.5%
Missed a loan payment
Agni Green Power
AGNI
Civil Construction₹ 27.74 Cr.+2.8%+125.9%21.5−21.1%
PVV Infra
536659
Civil Construction₹ 26.18 Cr.+8.6%+4.1%6.8−40.5%
Mewar Hi-Tech Engineering
540150
Civil Construction₹ 24.85 Cr.+23.5%−61%28.2—
SKIL Infrastructure
SKIL
Civil Construction₹ 22.34 Cr.—−62.3%3.1—
Popular Estate Management
531870
Civil Construction₹ 21.52 Cr.—Loss183.1−22.7%
NACDAC Infrastructure
544313
Civil Construction₹ 21.49 Cr.+48.4%+20.4%4.8−3.8%
KCL Infra Projects Ltd
531784
Civil Construction₹ 21.11 Cr.+2,636.6%0%12.7−0.9%
Vivanta Industries
541735
Civil Construction₹ 20.99 Cr.+5.7%+81.5%19.7−0.6%
Kridhan Infra
KRIDHANINF
Civil Construction₹ 18.35 Cr.−46.8%−96.7%31.3−15.8%
Shashijit Infraprojects
540147
Civil Construction₹ 17 Cr.−16.4%Loss43.3−1.2%
Abhishek Integrations
AILIMITED
Civil Construction₹ 16.48 Cr.+34.7%+89.3%16.3−30.8%
Strong results
Julien Agro Infratech
536073
Civil Construction₹ 13.36 Cr.−53.9%−52.7%194.1−9.4%
Raunaq International Ltd
537840
Civil Construction₹ 12.79 Cr.+2.5%Loss14.1+28.1%

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.