Absolute Projects (India) Limited

About The Company :

Incorporated in 1995 and headquartered in New Delhi, Absolute Projects (India) Limited is an engineering, procurement and construction (EPC) player focused on the energy and power‑infrastructure ecosystem. The company undertakes end‑to‑end project execution – from design and detailed engineering to procurement, construction and commissioning – and also provides project management and consultancy services for complex industrial and power projects.

Over the years, APIL has scaled into a mid‑sized EPC platform with steadily rising revenues and healthy profitability. In FY25, the company reported standalone revenue from operations of about ₹307 crore and profit after tax of roughly ₹25 crore, translating into an 8.2% net profit margin and an EBITDA margin of 12.6%. Returns ratios are strong for an EPC business, with FY25 ROE at around 30.6% and ROCE near 19.4%, supported by calibrated leverage (debt‑equity of 0.82x and a current ratio of 1.9x).

At the current indicative unlisted price in the low‑to‑mid‑₹70–90 range, APIL is valued at a market capitalisation of roughly ₹400–420 crore, implying a P/E of about 13.5x, P/B of 3.2x and P/S around 1.1x based on the latest available metrics. The company has filed its Draft Red Herring Prospectus (DRHP) for a mainboard IPO with SEBI, and investors should refer to the DRHP and subsequent RHP/prospectus for detailed risk factors and offer‑related information.

Note: Absolute Projects (India) Limited unlisted shares are relatively illiquid and prices quoted by different intermediaries are indicative only, derived from negotiated deals between counterparties. Investors should treat this page as a high‑level information summary based on publicly available sources and not as investment advice, stock recommendation or a substitute for independent due‑diligence.