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Hindustan Construction Company

#6498

Rank

$591.12M

Marketcap

IN India

Country

Hindustan Construction Company
Leadership team

Mr. Ajit Gulabchand B.Com. (Chairman & MD)

Mr. Arjun Dhawan (Exec. Vice Chairman)

Mr. Jaspreet Singh Bhullar (Chief Exec. Officer)

Products/ Services
Construction, Infrastructure, Management Consulting
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1926
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
HCC.NS
Social Media
Overview
Location
Summary
Hindustan Construction Company Limited provides engineering and construction services in India. It constructs roads, highways, expressways, bridges, elevated corridors, railways, metro rails, ports, and marine structures; dams, barrages, tunnels, powerhouses, shafts, and various underground works; and reactors, auxiliary buildings, spent fuel buildings, safety pump houses, and control buildings. The company also constructs integrated water supply systems, bulk water transmission projects, dams, barrages, irrigation, water treatment and sewage treatment plants, and aqueducts; and hydrocarbon, metals and process plants and factories, residential and commercial buildings, institutional buildings, and station buildings. In addition, it offers toll management, power development, concessionaries, real estate and power development, insurance auxiliary, information technology consulting, aircraft, township development, hotel, hospitality, entertainment, educational, retail and leasing, information and communication technology, housing, hostel, transport and tourism, city management, and parking services, as well as services related to recovering, assessing, managing claims, awards, etc. Further, it engages in the operation and maintenance of roads. Hindustan Construction Company Limited was incorporated in 1926 and is based in Mumbai, India.
History

HCC was incorporated in 1926, when it received a contract to construct the Bhor Ghat Tunnel on the Mumbai-Pune railway line. The tunnel was completed in 1928.

In 1993, Ajit Gulabchand came out of an internal Walachand family struggle with control of the HCC. It was reported that few wanted control of the company with a turnover of 125 crore and profits of less than 5 crores at that time.

1954 - India's first dam: Vaitarna dam, Maharashtra

1954 - India's first bridge: railway bridge across river Torsa, Assam

1954 - India's first water treatment plant in Mumbai

1956 - India's first thermal plant for Tata, Mumbai

1966 - India's first barrage: Sone barrage, Bihar

1967 - India's first port: impounded dock for Haldia, West Bengal

1971 - World’s longest barrage: Farakka barrage, West Bengal

1971 - India's first nuclear power plant: Rajasthan Atomic Power Project – Unit 1&2

1971 - India’s first integrated steel plant: Bhilai, Madhya Pradesh

1975 - India's first underground power house: Yamuna Power House, Uttarakhand

1977 - Idukki double curvature dam, Kerala

1983 - India’s largest water treatment plant: Bhandup, Mumbai

1983 - India’s largest rail coach factory in Kapurthala, Punjab

2009 - India’s first Sea Link bridge: Bandra Worli Sea Link, Mumbai

2010 - India's largest nuclear power plant: Kundankulam nuclear power plant, Tamil Nadu

2011 – India’s first strategic crude oil storage cavern: Vizag Oil Cavern; Andhra Pradesh

2012 – India's highest altitude Hydro Power projects: Nimoo Bazgo & Chutak Hydro Power Projects, Jammu & Kashmir

2013 – India’s longest transportation tunnel: Pir Panjal Railway Tunnel, Jammu & Kashmir

2014 – India’s second strategic crude oil storage cavern: Padur Oil Cavern, Karnataka

2016 – NHPC’s first RCC dam: Teesta Low Dam Stage IV Project, West Bengal

2018 – Largest EPC contract of NHPC: Kishanganga Hydro Power Project, J&K

2018 – India’s longest Rail-cum-road Bridge: Bogibeel Bridge; Assam

Mission
HCC’s mission is to contribute to nation building through the implementation of large-scale infrastructure projects which symbolize India’s march towards development and progress.
Vision
HCC is committed to delivering projects to the highest international quality standards while keeping costs within targeted budgets.
Key Team

Mr. Rahul P. Rao (Chief Financial Officer)

Mr. Santosh Rai (Operations Director & Chief Bus. Officer)

Mr. Sandeep Chowdhury (Sr. VP of Legal & Gen. Counsel)

Mr. Nitesh Kumar Jha (Company Sec. & Compliance Officer)

Mr. Aniruddha Singh (Chief HR Officer)

Mr. Santosh Kadam (Investor Relations Officer)

Recognition and Awards
HCC has won various awards in the field of engineering and construction such as the Construction World magazine award, the National Design and Quality Award and the CNBC-TV18 Infra Focus Award. It is also the only Indian construction company to be certified by the European Federation for Construction Schedule Certification in line with EU standards.
References

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Hindustan Construction Company
Leadership team

Mr. Ajit Gulabchand B.Com. (Chairman & MD)

Mr. Arjun Dhawan (Exec. Vice Chairman)

Mr. Jaspreet Singh Bhullar (Chief Exec. Officer)

Products/ Services
Construction, Infrastructure, Management Consulting
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1926
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
HCC.NS
Social Media