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    Engineering & construction
H.G. Infra Engineering Ltd.

H.G. Infra Engineering Ltd.

389.95
INR
-9.45
(-2.37%)
28.34EPS
20.03P/E
37.08BMarket Cap
Nov 16Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
72.28
56.02
113.68
161.61
254.33
309.11
339.65
395.15
558.84
685.34
786.33
736.65
758.46
739.45
Basic EPS, GAAP
2.63
1.42
4.63
8.2
15.39
19.54
25.57
36.31
58.31
75.68
82.64
77.56
50.69
28.4
Free Cash Flow per Basic Share
5.42
1.96
-5.09
-7.78
-48.62
-9.71
-10.35
-4.17
-59.75
-73.37
-83.49
-374.14
-108.08
- -
Dividend per Share
- -
- -
- -
- -
- -
0.6
0.6
- -
0.8
1
1.25
1.5
2
- -
Book Value per Share
12.24
12.96
18.84
27.03
82.99
101.73
126.78
163.04
220.34
294.9
376.71
452.6
500.99
- -
Tangible Book Value per Share
12.24
12.95
18.83
26.99
82.92
101.21
126.29
162.65
220.06
294.66
376.45
452.2
500.57
- -
Basic Weighted Avg Shares
65
65
65
65
55
65
65
65
65
65
65
65
65
66
Sales/Revenue/Turnover
4,710
3,651
7,409
10,533
13,927
20,145
22,136
25,753
36,420
44,664
51,246
48,009
49,429
48,531
Operating Margin (%)
8
7.6
9.65
17.13
11.07
11.37
12.5
14.19
17.19
14.87
14.98
14.33
11.93
18.12
Depreciation Expense
134
171
183
256
539
755
756
844
851
964
1,412
1,444
1,675
1,769
Net Income, GAAP
172
92
302
534
843
1,273
1,666
2,367
3,800
4,932
5,386
5,055
3,304
1,864
Effective Tax Rate (%)
33.43
31.76
34.67
35.93
29.05
35.01
27.51
24.15
26.15
25.79
27.21
25.76
27.46
42.34
Profit Margin (%)
3.65
2.53
4.07
5.07
6.05
6.32
7.53
9.19
10.43
11.04
10.51
10.53
6.68
3.84
Working Capital
-205
-9
108
361
2,486
2,825
4,931
5,526
8,196
10,588
12,963
14,062
7,292
- -
LT Debt
44
155
284
635
1,247
593
2,136
5,571
9,663
14,836
10,971
32,134
30,315
- -
Total Equity
798
844
1,228
1,761
5,409
6,630
8,263
10,626
14,360
19,219
24,550
29,498
32,814
- -
Return on Invested Capital (%)
- -
8.71
18.49
41.04
16.83
14.84
16.78
17.54
20.75
15.23
14.03
9.35
5.9
- -
Return on Capital (%)
- -
7.11
18.07
23.39
16.37
15.01
16.47
17.93
19.49
18.06
17.13
12.27
8.27
- -
Return on Common Equity (%)
- -
11.23
29.13
35.74
23.5
21.16
22.38
25.06
30.42
29.38
24.61
18.7
10.63
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
19,977
- -
LT Borrowings
- -
29,496
- -
LT Finance Leases
- -
819
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
49,175
28,118
37,079

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
51,591
- -
Cash, Cash Equivalents & STI
- -
988
- -
Accounts Receivable, Net
- -
7,882
- -
Inventories
- -
3,751
- -
Total Current Liabilities
- -
44,299
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
19,977
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.45%
25.62%
11.24%
Free Cash Flow
199.41%
329.12%
-71.11%
Net Income, GAAP
31.75%
11.75%
-34.64%
Sales/Revenue/Turnover
22.07%
15.09%
2.96%
Total Cash Common Dividend
- -
- -
33.33%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
15,280
9,024
12,648
13,609
48,009
2026
14,822
9,045
14,212
14,268
49,429
2027
11,006
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
24.94
12.38
17.66
22.56
77.56
2026
15.23
7.95
14.44
12.99
50.69
2027
-6.83
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Harendra Singh
Full Time Employees
6,774
Sector
Industrial services
Industry
Engineering & construction
Address
Sheel Mohar Plaza, A-1 Jaipur RA India 302001
IPO Date
Mar 9, 2017
Website
hginfra.com
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Business
H.G. Infra Engineering Limited undertakes engineering, procurement, and construction (EPC) services on a turnkey basis and hybrid annuity model (HAM) projects for civil construction-linked infrastructure; offers roads and highways development, bridges, railways infrastructure, metro projects, solar power plants, battery energy storage systems (BESS), and transmission and distribution (T&D) works; provides project management and consultancy in civil engineering, including urban infrastructure such as townships, ports, airports, and water supply systems. The company operates across more than 15 states in India, including Rajasthan, Uttar Pradesh, Haryana, Uttarakhand, Maharashtra, Andhra Pradesh, Telangana, Odisha, Karnataka, Madhya Pradesh, Himachal Pradesh, and Jharkhand, targeting central and state government authorities such as MoRTH, NHAI, Indian Railways, DMRC, NTPC, GUVNL, Military Engineering Services, PWD, and private sector partners like IRB, Adani, and Tata Projects. Founded in 2003 and headquartered in Jaipur, Rajasthan, the company maintains an integrated delivery model supported by an in-house fleet of over 3,000 modern equipment pieces and a skilled workforce focused on quality, safety, and timely execution. Recent developments include the execution of battery energy storage purchase agreements by subsidiaries H.G. Choraniya BESS Private Limited and H.G. Banaskantha BESS Private Limited in November 2025; securing a Rs 670 crore BESS project, contributing to an order book of Rs 13,932 crore as of September 2025; investments totaling Rs 8.80 crore in three solar power subsidiaries via rights issues in September 2025; acquisition of Angul Sundargarh Transmission Limited in July 2025; incorporation of multiple wholly owned subsidiaries as special purpose vehicles for new projects in railways, highways, metro, solar, and BESS throughout 2025; receipt of letters of award and intent from entities including NTPC Vidyut Vyapar Nigam Limited, Gujarat Urja Vikas Nigam Limited, Military Engineer Services, PFC Consulting Limited, and Rail Land Development Authority; and achievement of financial closes and appointed dates for several HAM highway projects.