OVAL share price, P/E, ROE & financials

On 5 Nov 2026, Oval Projects Engineering was priced at ₹42.00, or 5.3× trailing earnings, against an industry P/E of 16.4×, and the shares are 42% below their 52-week high. It earns ROCE of 20% and ROE of 17%, and sales and net profit grew 36% and 63% a year over 3 years. Its dividend yield is 2.3%, and debt is 0.68× equity. It is listed on an SME platform with a market cap of ₹87 Cr, ranked 121st of 156 Engineering & Construction companies by market cap; the shares fell 31% over the past year.

As of 5 Nov 2026Prices are delayed about 15 minutes.How we calculate this

past year

Open: ₹43.00
Day high: ₹43.00
Day low: ₹42.00
Prev. close: ₹42.00
Volume: 4.8K

Health check

2 good · 2 fair · 2 to check

ReturnsBehind
−31.3% over a year, better than 1 of 7 peers.
Price tagCheaper
P/E 5.3 vs industry 16.4.
GrowthStrong
Sales +36.4%, profit +62.7% a year over 3 years.
ProfitabilityAverage
ROCE 19.9% vs peer median 19.9%.
Balance sheetFair
Debt 0.68× equity, interest covered 3.4×, Piotroski 7 of 9.
Red flags1 to check
42% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹87 Cr, #121 of 156 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months: sales ₹152 Cr · profit ₹14 Cr

Market cap: ₹87 Cr; Small cap
P/E: 5.3; Industry 16.4
Price to book: 0.79; Peers 4.92
Dividend yield: 2.27%
ROE: 16.5%; Peers 17.9%
ROCE: 19.9%; Peers 19.9%
Debt to equity: 0.68; Debt ₹75 Cr
EPS (TTM): ₹7.96
OPM (TTM): 15.1%; Net margin 9.0%
Sales growth: +31.9%; Latest quarter vs a year ago
Profit growth: +8.1%; Latest quarter vs a year ago
Price to sales: 0.57; EV/EBITDA 4.8

Strengths

Dividend yield of 2.27%.
Quarterly sales up 31.9% on a year ago.
P/E of 5.3 against an industry P/E of 16.4.

Risks to check

42% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Oval Projects Engineering

Oval Projects Engineering Limited, operates as an engineering, procurement and construction contractor serving the oil and gas, city gas distribution, and urban and social infrastructure sectors, in India. The company engages in the engineering, procurement, and construction (EPC) works for the development of gas gathering/processing stations, early production system, and gas collecting stations; EPC works for laying of cross-country pipelines; works…

Headquarters: Agartala
Employees: 125
Sector: Industrials
ISIN: INE0RTI01017
Website: ovalprojects.com

Price range

52 weeks

₹40.00₹72.50

Today

₹42.00₹43.00

Avg volume (3M): 13.6K
1-year return: minus 31.3%
From 52-week high: minus 42.1%

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
LTLarsen & Toubro	4,117.70	plus 1.67%	5,66,549	31.7	19.6	14.6%	9.6%	1.05	16.1%	plus 3.2%
RVNLRail Vikas Nigam	193.34	minus 0.18%	40,312	44.9	56.9	11.0%	4.3%	0.49	0.2%	minus 40.5%
CEMPROCemindia Projects	1,323.30	plus 2.79%	24,405	36.4	24.2	37.1%	10.4%	0.35	25.5%	plus 49.2%
KPILKalpataru Projects International	1,370.80	minus 0.04%	23,410	19.7	10.1	19.9%	8.3%	0.46	18.4%	plus 4.3%
NBCCNBCC (India)	78.00	minus 2.90%	21,060	26.5	19.8	34.3%	6.1%	0.00	12.9%	minus 29.5%
ENGINERSINEngineers India	292.70	minus 1.94%	16,451	18.3	21.5	28.1%	21.2%	0.00	5.7%	plus 51.1%
WABAGVA Tech Wabag	1,988.20	plus 6.57%	12,434	29.4	20.8	16.3%	10.9%	0.09	9.9%	plus 33.2%
OVALOval Projects Engineering	42.00	0.00%	87	5.3	5.1	19.9%	15.1%	0.68	36.4%	minus 31.3%
Median of 7 peers	–	−0.04%	23,410	29.4	20.8	19.9%	9.6%	0.35	12.9%	4.3%

Quarterly results

This company doesn’t report these figures in a format we can read yet.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +36.4%
Profit CAGR 3Y: +62.7%
ROE: 16.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
59	78	102	150
–	+32.1%	+31.2%	+46.5%
55.3	67.9	83.4	123
3.8	10	18.9	26.8
6.4%	12.9%	18.4%	17.9%
−0.7	0.1	−0.5	2.4
2.4	2.7	4.8	8.4
0.9	0.7	0.6	1.2
4.7	0.2	0.2	0.4
4.4	7	13.2	20
27.9%	36.9%	29.2%	31.2%
3.2	4.4	9.3	13.7
–	+38.2%	+112.0%	+47.0%
1.53	2.12	–	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.1	13.7	15.3	20.8
17.7	22.8	40.7	89.3
32.2	32.4	53.7	74.7
32.3	34.9	46.5	32.3
82.2	104	156	217
14.3	9.4	8.1	16.7
9.8	3.7	3.2	8.7
11.3	10.8	20.3	26.1
46.9	79.9	125	165
82.2	104	156	217

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
11.9	−1.1	−16.1	−37.4
−3.6	−15.4	−3.2	−11.5
−1	16	28.8	54.8
7.4	−0.5	9.5	5.9
–	–	−0.4	−10.5
11.9	−1.1	−16.4	−48

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you