About Heavy Engineering Corporation and Its Services

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A large construction site featuring heavy machinery and industrial building in progress.
Credit: pexels.com, A large construction site featuring heavy machinery and industrial building in progress.

Heavy Engineering Corporation is a renowned Indian public sector enterprise that has been serving the country's engineering needs for decades. It was established in 1958 in Ranchi, Jharkhand.

The corporation has a rich history of delivering high-quality products and services to various industries, including the defense sector. Its products are designed to meet the stringent requirements of the Indian Armed Forces.

Heavy Engineering Corporation offers a wide range of services, including design, manufacturing, testing, and commissioning of various equipment and machinery. Its services cater to various industries, including power, steel, and defense.

From its humble beginnings, Heavy Engineering Corporation has grown into a leading engineering enterprise in India, with a strong reputation for delivering reliable and efficient solutions.

Financial Information

Heavy Engineering Corporation's financial performance has been quite varied over the years. In 2024, the company's net sales reached a substantial ₹71.5161 million, indicating a significant increase in revenue.

The company's total income has also seen a notable jump, reaching ₹178,821 million in 2024. This is a substantial increase from the previous year's total income of ₹98,823.4 million in 2023.

Credit: youtube.com, Heavy Engineering Corporation Ltd., Ranchi

Here's a breakdown of the company's key financials for the past three years:

The company's EBITDA, or earnings before interest, taxes, depreciation, and amortization, has also seen a significant increase, reaching ₹3,751.72 million in 2024.

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Financials (INR mn)

A photographer takes photos at a construction site with heavy machinery and trucks on a sunny day.
Credit: pexels.com, A photographer takes photos at a construction site with heavy machinery and trucks on a sunny day.

Let's take a closer look at the financials of this company. The net sales in 2024 were a significant 71.5161 INR mn, a substantial increase from the previous year.

The total income in 2024 was 178821 INR mn, which is a notable jump from the 928.135 INR mn in 2023. This suggests a strong revenue growth for the company.

Here's a breakdown of the key financials for the past three years:

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in 2024 was 3751.72 INR mn, which is a substantial improvement from the negative EBITDA of -2190.62 INR mn in 2022.

Contact Details

If you need to get in touch with Heavy Engineering Corporation, you have several options.

You can contact Arvind Kumar Sinha at SDGM (I/c) (Foundry Forge Plant) at 0651-2401210 or 0651-2400392, or email him at [email protected].

For general enquiries, you can also reach out to Prakash Mohan at SDGM I/c (Heavy Machine Tools Plant) at 0651-2401196, or email him at [email protected].

If this caught your attention, see: Patricia Lopez / Bloomberg Opinion

Credit: youtube.com, H.E.C. HEAVY ENGINEERING CORPORATION , HATIA , RANCHI JHARKHAND

Here is a list of contact numbers for different departments:

If you have business enquiries, you can contact Corporate Marketing at 0651-2400310 or 0651-2401176, or email them at [email protected] or [email protected].

Frequently Asked Questions

Is HEC a government company?

Yes, Heavy Engineering Corporation (HEC) Ltd. is a Central Public Sector Enterprise (CPSE) under the Ministry of Heavy Industries, Government of India. This classification indicates that HEC is a government-owned company.

What is the area of HEC?

The area of HEC is 13,16,930 square meters. This vast space accommodates 76,000 tonnes of machinery to support various operations.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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