Highway Infrastructure Limited

Highway Infrastructure Limited

54.14
INR
-0.18
(-0.33%)
3.73EPS
12.35P/E
3.33BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
61.2
63.46
79.96
69.12
91.02
116.05
Basic EPS, GAAP
1.44
1.63
2.64
2.74
4.8
3.76
Free Cash Flow per Basic Share
-0.32
0.23
1.51
-0.93
-11
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
8.71
10.33
12.99
15.73
31.82
- -
Tangible Book Value per Share
8.71
10.33
12.99
15.73
31.82
- -
Basic Weighted Avg Shares
58
72
72
72
67
69
Sales/Revenue/Turnover
3,550
4,551
5,735
4,957
6,080
7,993
Operating Margin (%)
4.19
5.67
6.32
5.86
4.67
1.96
Depreciation Expense
26
25
26
24
25
26
Net Income, GAAP
83
117
190
197
321
259
Effective Tax Rate (%)
26.35
29.2
28.45
25.97
25.38
25.51
Profit Margin (%)
2.35
2.57
3.31
3.97
5.27
3.24
Working Capital
394
509
650
908
1,447
- -
LT Debt
194
199
87
132
157
- -
Total Equity
634
748
1,002
1,177
2,285
- -
Return on Invested Capital (%)
- -
13.86
16.69
12.8
6.73
- -
Return on Capital (%)
- -
10.79
14.09
11.81
13.76
- -
Return on Common Equity (%)
- -
17.15
22.67
19.1
18.8
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
881
- -
LT Borrowings
- -
156
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
72
72
Market Capitalization
4,185
2,943
3,328

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,773
- -
Cash, Cash Equivalents & STI
- -
143
- -
Accounts Receivable, Net
- -
647
- -
Inventories
- -
903
- -
Total Current Liabilities
- -
1,326
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
881
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
94.13%
Free Cash Flow
- -
- -
1,007.02%
Net Income, GAAP
- -
- -
63%
Sales/Revenue/Turnover
- -
- -
22.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,071
1,168
1,398
1,321
4,957
2026
1,120
946
1,269
2,746
6,080
2027
3,033
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.54
0.24
0.56
1.66
2.74
2026
1.25
1.28
0.96
1.31
4.8
2027
0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Riddharth Jain
Full Time Employees
137
Sector
Transportation
Industry
Other transportation
Address
57-FA, Scheme No. 94 Indore MP India 452016
IPO Date
Aug 12, 2025
Business
Highway Infrastructure Limited (HILINFRA.NS) is an infrastructure development and management company engaged in tollway collection, engineering procurement and construction (EPC) infrastructure projects, and real estate development. The company operates toll collection systems across 11 states and 1 Union Territory in India, utilizing advanced electronic toll collection (ETC) technologies including RFID tags, FASTag integration, and automatic number plate recognition (ANPR) on key corridors such as the Delhi-Meerut Expressway and Kiratpur Fee Plaza; its EPC division undertakes design, construction, and maintenance of roadways, bridges, highways, civil infrastructure for residential, commercial, and hospitality buildings, as well as irrigation works under government schemes like PMAY and PMGSY, with over 66 projects completed and occasional sub-contracting for labor and materials; the real estate segment develops and sells residential gated communities, apartments, and integrated townships in Indore, Madhya Pradesh, including projects such as Karuna Sagar, New York City, and Beverly Plaza. Founded in 1995 and headquartered at 57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh, India, the company serves government departments like the National Highways Authority of India (NHAI) and private clients, with tollway operations forming the largest revenue contributor at approximately 78%. Recent developments include securing multiple NHAI contracts for toll collection and maintenance, such as Rs 25.26 crore for the Delhi-Vadodara Greenfield Expressway in Rajasthan, Rs 18.96 crore for the Bandikui-Jaipur spur, Rs 69.77 crore for the Muzaina Hetim fee plaza in Uttar Pradesh, Rs 12 crore for the Ujjain-Garoth section, and Rs 31 crore for a Chhattisgarh toll plaza; EPC orders under the PM E-Bus Seva scheme for e-bus charging infrastructure totaling over Rs 3 crore; commencement of operations at new toll plazas like Kiratpur in Uttar Pradesh; a successful IPO in August 2025 raising funds for expansion; strong Q2 FY26 financial results with consolidated profit after tax surging to Rs 96.68 crore; and the appointment of Mr. Vinayak Parkhi as an additional non-executive independent director effective November 2025.