HEC Infra Projects Limited, a prominent EPC turnkey contractor specializing in extra-high-voltage (EHV) transmission and distribution projects, has been assigned credit ratings by Infomerics Ratings for its bank facilities.
The long-term bank facilities of ₹17.00 crore have been rated IVR BBB- with a stable outlook, while the short-term facilities of ₹30.00 crore received an IVR A3 rating.
These ratings highlight HEC Infra’s steady improvement in financial health, supported by a significant reduction in its debt-to-equity ratio from 1.04 in FY23 to 0.71 in FY25. The company’s strong operational performance is further reflected in its interest coverage ratio of 4.71x in FY25, demonstrating prudent financial management.
Infomerics cited HEC’s established track record, experienced leadership, and proven execution capabilities in the power infrastructure sector as key factors behind the ratings. The recognition also reinforces confidence among lenders, investors, and other stakeholders.
By maintaining a focus on quality execution, timely project delivery, and disciplined financial practices, HEC Infra Projects Limited continues to strengthen its position as a dependable partner in India’s infrastructure development landscape.
