Likhitha Infrastructure Limited (LIKHITHA)

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Likhitha Infrastructure Limited (LIKHITHA) · mywealthgrid

About

Likhitha Infrastructure Limited operates in civil construction within India's industrials sector. With a market cap of ₹857.82 Cr, the company is mid-cap and promoter-led, generating quarterly revenues of ₹85–121 Cr with operating margins averaging 12.4%. The stock has declined 20.33% over the past year despite profitability.

Face value: ₹5

Market cap

₹891 Cr

P/E

27.3×

P/B

2.2×

Dividend yield

0.7%

ROE

10%

ROCE

13.7%

Debt / equity

OPM

12.4%

EPS (TTM)

₹8.3

Book value

₹104.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin volatility from 5.97% (Q4 FY2025) to 16.22% (Q3 FY2025) indicates inconsistent project execution or pricing stability—verify order book mix and project-level profitability trends.
ROE of 9.99% is modest and PE of 26.25 is elevated; stock down 20.33% YoY suggests market skepticism about growth visibility—confirm order pipeline and execution confidence.
FII 0.12% and DII 0% indicate weak institutional interest; verify analyst coverage and liquidity for large trades.
Civil construction is cyclical and sensitive to macroeconomic conditions, government infrastructure spending, and input cost inflation—verify which segments (highways, buildings, utilities) dominate and their funding outlook.

Generated analysis · source review pending

Growth drivers

Q2 FY2026 operating margin recovered to 12.9% from Q4 FY2025's 5.97%, suggesting operational improvement; if sustained across the ₹857.82 Cr market cap, higher margins will lift earnings growth.
Zero debt (D/E 0) removes financial constraints on capex and working capital expansion, enabling growth investments without equity dilution.
Quarterly revenues of ₹85–121 Cr demonstrate consistent execution; growth depends on order book expansion—verify pipeline backlog, recent tenders, and win rates.

Generated analysis · source review pending

1,470 historical price candles were omitted because the exchange source has not been verified.

₹225.6+1.2%1Y

Quick read

rule-based

Pros

+High return on capital employed of 24.5%
+Revenue CAGR of 19.1% over the last 5 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 50.3×
+High promoter holding of 70.3% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

41/100

Business quality: 55
Growth: 8
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Larsen & ToubroLTLT	₹5,05,996 Cr	₹6,27,679 Cr	₹2,90,137 Cr	₹28,950 Cr	10.2%	₹16,590 Cr	6.6%	15.4%	15.5%	-142
Rail Vikas Nigam LimitedRVNLRVNL	₹41,075 Cr	₹45,888 Cr	₹20,825 Cr	₹891 Cr	3.8%	₹900 Cr	4.3%	10.2%	9%	66
Kalpataru Projects International LimitedKPILKPIL	₹23,167 Cr	₹26,474 Cr	₹27,380 Cr	₹2,277 Cr	8.3%	₹1,136 Cr	3.8%	20.3%	14.6%	-94
Nbcc (India) LimitedNBCCNBCC	₹20,898 Cr	₹20,898 Cr	₹12,752 Cr	₹656 Cr	4.8%	₹743 Cr	5.8%	29.3%	26.2%	-7,663
Irb Infrastructure Developers LimitedIRBIRB	₹20,533 Cr	₹40,541 Cr	₹7,686 Cr	₹4,182 Cr	52.1%	₹954 Cr	11.1%	6.1%	4.2%	67
Cemindia Projects LimitedCEMPROCEMPRO	₹20,254 Cr	₹21,120 Cr	₹10,185 Cr	₹1,058 Cr	10.2%	₹602 Cr	5.9%	44.8%	28.2%	-110
Engineers India LimitedENGINERSINENGINERSIN	₹17,577 Cr	₹17,577 Cr	₹3,878 Cr	₹750 Cr	17.7%	₹784 Cr	17.6%	28.8%	23.8%	-22
Techno Electric & Engineering Company LimitedTECHNOETECHNOE	₹11,614 Cr	₹11,686 Cr	₹3,356 Cr	₹469 Cr	14.2%	₹431 Cr	14.6%	13.6%	12%	-33
Ircon International LimitedIRCONIRCON	₹10,369 Cr	₹16,033 Cr	₹9,241 Cr	₹771 Cr	8.4%	₹524 Cr	6.5%	7.8%	9.2%	-469
Rites LimitedRITESRITES	₹10,068 Cr	₹10,068 Cr	₹2,458 Cr	₹555 Cr	22.9%	₹417 Cr	18.8%	19.3%	15.4%	-2,276
Welspun Enterprises LimitedWELENTWELENT	₹10,026 Cr	₹11,998 Cr	₹3,544 Cr	₹716 Cr	20.7%	₹308 Cr	10.9%	17.3%	12.5%	-422
Kec International LimitedKECKEC	₹9,912 Cr	₹15,015 Cr	₹23,506 Cr	₹1,599 Cr	7.1%	₹554 Cr	2.6%	23.1%	10.5%	-132

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	191	257	365	422	520	457
COGS	2	28	40	46	42	76
Gross profit	188	229	325	376	478	381
	152	167	242	282	383	324
	37	62	83	94	96	57
OPM %	19.3%	24.2%	22.8%	22.2%	18.4%	12.4%
Depreciation	—	4	5	8	6	7
Interest	1	1	1	1	1	1
	2	4	4	5	5	4
Profit before tax	38	61	81	90	94	53
Tax	9	15	21	24	24	14
Tax %	24.5%	25%	26%	27.3%	25.9%	27%
	29	46	60	65	69	39
PAT margin %	15.2%	17.9%	16.5%	15.5%	13.4%	8.4%
EPS (₹)	17.1	23.4	15.3	16.6	17.6	9.9
EPS adjusted (₹)	7.4	11.7	15.3	16.6	17.6	9.9
	8.8%	10.7%	9.8%	9%	0%	—
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	20	20	20	20	20	20
Reserves	—	173	230	290	353	392
Minority interest	—	0	1	1	1	—
	—	0	0	0	0	0
	—	24	45	40	52	51
Total equity & liabilities	—	216	296	350	426	463
	9	16	20	26	22	23
CWIP	—	—	0	0	0	—
Investments	—	41	55	2	2	2
	—	159	221	322	401	438
Total assets	—	216	296	350	426	463

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1	3	31	21	-0	-5
	-50	10	-19	13	37	-3
	53	-7	-3	-7	-6	-2
Net cash flow	—	5	10	27	31	-11
Free cash flow	—	-7	22	7	-3	-12
CFO / Operating profit %	2.2%	5%	37.8%	22%	-0.2%	-8.5%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	98.8%	89%	89%	89.2%	92%	83.3%
EBITDA margin %	19.3%	24.2%	22.8%	22.2%	18.4%	12.4%
EBIT margin %	19.3%	22.7%	21.4%	20.4%	17.2%	10.8%
PAT margin %	15.2%	17.9%	16.5%	15.5%	13.4%	8.4%
Working capital
Receivable days	—	96	90	66	67	81
Inventory days	—	602	631	898	1,376	852
Payable days	—	117	256	180	290	140
NWC days	—	581	465	785	1,153	793
Leverage
Current ratio	—	7.99	5.62	8.1	7.89	8.69
Debt to EBITDA	—	0	0	0	0	0
Debt to equity	—	0	0	0	0	0
Interest coverage	58.3	117	105.4	67.4	83.9	50.3
Asset turnover	—	1.19	1.23	1.2	1.22	0.99
Return ratios
Return on assets %	—	21.3%	20.4%	18.6%	16.3%	8.3%
Return on capital employed %	—	32.1%	37%	32.4%	27.6%	13.7%
Return on equity %	—	23.9%	24.1%	21.1%	18.6%	9.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.03%	70.03%	70.03%	70.03%	70.03%	70.03%	70.25%	70.25%	70.25%	70.25%	70.25%	70.25%
	0.67%	0.09%	0.2%	0.17%	1.01%	1.04%	0.91%	0.14%	0.14%	0.22%	0.1%	0.12%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	29.3%	29.88%	29.77%	29.8%	28.96%	28.93%	28.84%	29.61%	29.61%	29.53%	29.65%	29.63%
No. of shareholders	—	—	—	—	—	—	—	—	57,672	54,958	52,883	49,860

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Likhitha Infrastructure Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

We hereby inform you that CRISIL Rating Limited has reviewed and reaffirmed the credit ratings on the bank facilities availed by the company vide the letter dated July 09, 2026, as enclosed.9 Jul 2026 from CRISIL

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

5

Final dividend17 Sept 2024 · ex-date₹1.5
Final dividend20 Sept 2023 · ex-date₹1.5
Final dividend16 Sept 2022 · ex-date₹1
Interim dividend23 Nov 2021 · ex-date₹1.5
Dividend dividend26 Aug 2021 · ex-date₹1.5

1

Board meeting to consider results14 Aug 2026

1

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

22 announcementsExport CSV

30 Sept 2026, 1:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

28 Sept 2026, 6:04 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 3:07 pmOthers

Board Meeting Outcome for Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Outcome without intimation PDF

22 Sept 2026, 4:03 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

19 Sept 2026, 4:53 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

9 Sept 2026, 3:23 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment

Allotment of Equity Shares PDF

5 Sept 2026, 5:28 pmAGM/EGM

Business Responsibility And Sustainability Reporting (BRSR)

AGM PDF

5 Sept 2026, 5:24 pmAGM/EGM

Reg. 34 (1) Annual Report.

AGM PDF

Date	Category	Subject	Filing
30 Sept 2026, 1:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 6:04 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	98.8%	89%	89%	89.2%	92%	83.3%
EBITDA margin %	19.3%	24.2%	22.8%	22.2%	18.4%	12.4%
EBIT margin %	19.3%	22.7%	21.4%	20.4%	17.2%	10.8%
PAT margin %	15.2%	17.9%	16.5%	15.5%	13.4%	8.4%
Working capital
Receivable days	—	96	90	66	67	81
Inventory days	—	602	631	898	1,376	852
Payable days	—	117	256	180	290	140
NWC days	—	581	465	785	1,153	793
Leverage
Current ratio	—	7.99	5.62	8.1	7.89	8.69
Debt to EBITDA	—	0	0	0	0	0
Debt to equity	—	0	0	0	0	0
Interest coverage	58.3	117	105.4	67.4	83.9	50.3
Asset turnover	—	1.19	1.23	1.2	1.22	0.99
Return ratios
Return on assets %	—	21.3%	20.4%	18.6%	16.3%	8.3%
Return on capital employed %	—	32.1%	37%	32.4%	27.6%	13.7%
Return on equity %	—	23.9%	24.1%	21.1%	18.6%	9.4%

52 deals · 16 May 2022 – 7 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Apr 2026	EARNEST SHIPPING AND SHIP BUILDERS LIMITED	Bulk	NSE	Buy	2,00,000	₹204.45	₹4.09 Cr
24 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	3,39,985	₹471.69	₹16.04 Cr
24 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	3,39,985	₹471.28	₹16.02 Cr
11 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	3,45,063	₹439.03	₹15.15 Cr
11 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	3,45,063	₹438.54	₹15.13 Cr
10 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,51,105	₹404.66	₹10.16 Cr
10 Jun 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,51,105	₹404.69	₹10.16 Cr
19 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,12,259	₹317.84	₹6.75 Cr
19 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,12,259	₹318.44	₹6.76 Cr
18 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	3,38,260	₹307.69	₹10.41 Cr

1–10 of 52

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Likhitha Infrastructure Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

5

1

1

Announcements

Not in the F&O segment

No fund holdings on record

5

1

1

Announcements

Annual reports

Credit ratings

Compounded sales growth

Compounded profit growth

Return on equity

Likhitha Infrastructure Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends5

Board meetings1

Stock splits1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends5

Board meetings1

Stock splits1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

5

1

1

5

1

1