Absolute Projects (India) Limited
Absolute Projects (India) Limited
INE0L7001038
Incorporation Date: 07-Feb-1995
Listing Status: DRHP Not Filed
About Absolute Projects (India) Limited
Overview of Absolute Projects (India) Limited
Company Overview
Absolute Projects (India) Ltd. is an engineering and EPC company operating in the electric power infrastructure sector. Incorporated in February 1995, the company has built nearly three decades of experience executing large-scale power projects across India. The company is headquartered in Ansari Road, Darya Ganj, New Delhi, and operates a manufacturing facility in Roorkee, Uttarakhand.
Founded by Mr. Ranjeet Singh Ola, the organization continues to be led by him along with members of the promoter family and a professional management team. Since its inception, the company has maintained profitability and developed strong technical capabilities in power sector engineering, procurement, and construction.
Core Business
Absolute Projects specializes in Engineering, Procurement, and Construction (EPC) contracts in the electric power sector. The company undertakes turnkey projects across the entire electricity infrastructure value chain, including power generation, transmission, and distribution systems.
The company executes projects involving the construction of transmission lines and distribution substations up to 400/220 KV capacity. Its client base includes major power sector organizations such as NTPC, Power Grid Corporation of India, Tata Power, and several state electricity utilities.
Absolute Projects has also played a pioneering role in implementing the High Voltage Distribution System (HVDS) concept in Delhi in association with NDPL. The company currently operates across more than ten states including Delhi, Uttar Pradesh, Haryana, Rajasthan, and several others, providing EPC services for power infrastructure projects.
Services
The company offers a wide range of services for setting up power plants and electricity infrastructure projects.
Power Generation
The company provides services related to the development of power infrastructure associated with thermal, hydro, and solar power plants. Its activities include engineering and construction work related to substations required for transmitting electricity from generation facilities to grid networks.
Power Transmission
Absolute Projects undertakes turnkey construction of substations ranging from 66 KV to 400 KV, enabling efficient transmission of electricity between power plants and urban or industrial consumption centers.
Power Distribution
The company also carries out distribution network projects which include the supply, erection, installation, and commissioning of electric poles, high-tension and low-tension lines, substations, transformers, end-point connectivity, and metering systems.
Products
The company manufactures various electrical components and hardware used in power infrastructure projects. These products support the construction and installation of electrical substations, distribution panels, control panels, and other power equipment required for EPC execution.
Clientele
Insights of Absolute Projects (India) Limited
Financial Snapshot
| Category | FY25 | FY24 | Growth (YoY) |
|---|---|---|---|
| Net Revenue | 307.30 | 248.69 | 23.6% |
| EBITDA | 29.88 | 20.69 | 44.4% |
| Profit After Tax (PAT) | 25.11 | 14.76 | 70.1% |
Insights
Revenue growth driven by EPC contracts: Revenue from operations increased as execution of power transmission and distribution EPC projects expanded during the year.
Operating cost increased with scale: Manufacturing, construction and operating expenses rose alongside higher project execution and procurement of materials for EPC contracts.
Employee expenses expanded: Employee benefit expenses increased year-on-year, reflecting higher manpower deployment required for project execution.
Other income contribution: Other income increased significantly, supported by interest income, rental income and gains on financial assets.
Finance cost slightly higher: Interest expenses increased due to higher borrowing utilisation to support working capital needs for ongoing projects.
Profit growth from operating leverage: Despite higher operating costs, improved project scale and higher other income supported strong growth in EBITDA and PAT.
Industry Overview
India’s power sector is undergoing a significant expansion driven by rapid economic growth, increasing electrification, and rising energy consumption across industries and households. Over the past decade, the country has seen a sharp increase in electricity demand as new households are connected to the grid and the duration of electricity supply in rural areas has improved substantially.
As a result, peak electricity demand in India has risen sharply, creating a strong need for continuous investment in power generation, transmission, and distribution infrastructure. This trend is expected to sustain long-term opportunities for EPC contractors involved in building substations, transmission networks, and distribution infrastructure.
Key structural drivers shaping the power infrastructure industry include:
Rising power demand: India’s peak electricity demand has increased significantly over the past decade, reflecting economic expansion and increased electrification across rural and urban areas.
Large capacity additions planned: The government has planned substantial capacity expansion in both thermal and hydro power to meet rising demand over the coming decade.
Transmission network expansion: Significant additions in transmission lines and transformation capacity are being undertaken to strengthen the national grid and improve power connectivity.
Renewable energy integration: India is rapidly expanding renewable energy capacity, with large-scale solar and wind projects requiring supporting transmission infrastructure.
Green energy corridors: Dedicated corridors are being developed to efficiently transmit renewable energy from generation hubs to consumption centers.
Alongside traditional power infrastructure, renewable energy is emerging as a key growth driver for the sector. The government has laid out an ambitious roadmap to integrate large amounts of renewable power into the grid over the coming years. This will require major investments in transmission networks, substations, and grid modernization.
Renewable energy expansion: India already has a large renewable capacity installed and a significant pipeline of projects under development.
Grid integration requirements: The transmission network is being strengthened to integrate hundreds of gigawatts of renewable capacity in the coming years.
State-level policy push: Several states are introducing renewable energy policies to accelerate solar and hybrid power development.
For EPC companies operating in the power infrastructure space, these trends create a strong multi-year opportunity as the country continues to invest in expanding and modernizing its electricity infrastructure.
Financial Charts of Absolute Projects (India) Limited
Balance Sheet of Absolute Projects (India) Limited
Profit and Loss of Absolute Projects (India) Limited
Ancillary of Absolute Projects (India) Limited
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Absolute Projects (India) Limited
-
How to buy Absolute Projects (India) Limited?
Below are three ways through which you can purchase Absolute Projects (India) Limited:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Absolute Projects (India) Limited, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
How to sell Absolute Projects (India) Limited?
Below are three ways through which you can sell Absolute Projects (India) Limited:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Absolute Projects (India) Limited, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
What is the price of Absolute Projects (India) Limited?
We provide a two way quote on all the shares we deal in. Your buy price for Absolute Projects (India) Limited is ₹N/A and your sell price for Absolute Projects (India) Limited is ₹N/A. The price is based on our estimates and market conditions.
-
What is the lock-in period of Absolute Projects (India) Limited?
The lock-in period for Absolute Projects (India) Limited varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Absolute Projects (India) Limited
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Absolute Projects (India) Limited
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
-
How is the Absolute Projects (India) Limited price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Absolute Projects (India) Limited. The price is also determined from the most recent funding round for Absolute Projects (India) Limited. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
-
What are the lot sizes of Absolute Projects (India) Limited?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Absolute Projects (India) Limited with us kindly click here.
-
What are the financials of Absolute Projects (India) Limited?
The financials of Absolute Projects (India) Limited which includes the P/L of Absolute Projects (India) Limited and the Balance Sheet of Absolute Projects (India) Limited is in the financials section (Click on link).
-
Where can I find the annual report of Absolute Projects (India) Limited?
The annual report of Absolute Projects (India) Limited is available in the annual report section (Click on link).
-
Is buying Absolute Projects (India) Limited legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
-
Short-term Capital Gain taxes to be paid on Absolute Projects (India) Limited?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
-
Long-term Capital Gain taxes to be paid on Absolute Projects (India) Limited and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
-
Applicability of Taxes on Absolute Projects (India) Limited once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Absolute Projects (India) Limited?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Absolute Projects (India) Limited from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of Absolute Projects (India) Limited
Featured Blogs of Absolute Projects (India) Limited
Annual Report of Absolute Projects (India) Limited
Company Information of Absolute Projects (India) Limited
Featured Companies


