H.G. Infra Engineering Ltd
H.G. Infra Engineering Limited (HGIEL) is an Indian Road Infrastructure Company engaged in the business of Engineering, Procurement and Construction (EPC) Services, Maintenance of roads, bridges, flyovers and other infrastructure contract works. [1]
- Market Cap ₹ 7,250 Cr.
- Current Price ₹ 1,112
- High / Low ₹ 1,880 / 921
- Stock P/E 13.6
- Book Value ₹ 443
- Dividend Yield 0.13 %
- ROCE 24.4 %
- ROE 20.5 %
- Face Value ₹ 10.0
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Part of BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
286 | 324 | 712 | 1,056 | 1,393 | 2,010 | 2,196 | 2,535 | 3,615 | 4,419 | 5,122 | 6,052 | |
248 | 279 | 634 | 932 | 1,185 | 1,707 | 1,854 | 2,116 | 3,029 | 3,708 | 4,298 | 5,101 | |
Operating Profit | 39 | 45 | 78 | 124 | 208 | 303 | 342 | 419 | 586 | 710 | 824 | 951 |
OPM % | 13% | 14% | 11% | 12% | 15% | 15% | 16% | 17% | 16% | 16% | 16% | 16% |
1 | 2 | 2 | 3 | 5 | 12 | 14 | 7 | 7 | 18 | 118 | 73 | |
Interest | 9 | 13 | 16 | 19 | 40 | 49 | 52 | 60 | 53 | 63 | 81 | 116 |
Depreciation | 11 | 14 | 18 | 26 | 54 | 75 | 76 | 84 | 85 | 96 | 141 | 144 |
Profit before tax | 20 | 20 | 46 | 83 | 119 | 190 | 228 | 282 | 455 | 569 | 719 | 763 |
Tax % | 33% | 33% | 35% | 36% | 29% | 35% | 27% | 25% | 25% | 26% | 24% | 24% |
13 | 13 | 30 | 53 | 84 | 124 | 166 | 211 | 339 | 421 | 545 | 577 | |
EPS in Rs | 10.75 | 8.85 | 16.75 | 29.64 | 12.93 | 18.96 | 25.43 | 32.37 | 51.98 | 64.66 | 83.70 | 88.55 |
Dividend Payout % | -0% | -0% | -0% | -0% | 4% | 3% | -0% | 2% | 2% | 2% | 2% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 19% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 16% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 27% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 23% |
Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Equity Capital | 12 | 15 | 18 | 18 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
Reserves | 39 | 54 | 105 | 158 | 476 | 594 | 756 | 967 | 1,299 | 1,713 | 2,253 | 2,820 |
89 | 92 | 123 | 204 | 408 | 380 | 371 | 290 | 316 | 507 | 460 | 1,076 | |
47 | 65 | 130 | 192 | 535 | 529 | 876 | 858 | 700 | 1,224 | 1,323 | 1,865 | |
Total Liabilities | 187 | 227 | 375 | 572 | 1,484 | 1,568 | 2,068 | 2,181 | 2,380 | 3,509 | 4,101 | 5,826 |
94 | 98 | 116 | 204 | 412 | 462 | 482 | 483 | 459 | 635 | 742 | 687 | |
CWIP | -0 | -0 | 5 | 1 | 9 | -0 | 11 | 2 | 2 | 72 | 4 | 3 |
Investments | -0 | -0 | 0 | -0 | -0 | 20 | 91 | 261 | 354 | 745 | 628 | 1,369 |
92 | 129 | 254 | 367 | 1,064 | 1,086 | 1,484 | 1,435 | 1,565 | 2,058 | 2,727 | 3,767 | |
Total Assets | 187 | 227 | 375 | 572 | 1,484 | 1,568 | 2,068 | 2,181 | 2,380 | 3,509 | 4,101 | 5,826 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 64 | -8 | 86 | 255 | 527 | 114 | 587 | 271 | 120 | |||
-35 | -114 | -446 | -11 | -162 | -270 | -173 | -683 | -87 | -696 | |||
26 | 62 | 443 | -78 | -72 | -141 | -34 | 117 | -146 | 494 | |||
Net Cash Flow | 8 | 13 | -11 | -3 | 21 | 116 | -93 | 22 | 38 | -82 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 40 | 47 | 63 | 113 | 113 | 134 | 94 | 70 | 72 | 65 | 83 |
Inventory Days | 43 | 57 | 44 | 71 | 48 | 43 | 52 | 37 | 40 | 48 | 42 | |
Days Payable | 54 | 60 | 78 | 187 | 142 | 222 | 128 | 88 | 123 | 135 | 99 | |
Cash Conversion Cycle | 32 | 29 | 44 | 29 | -3 | 19 | -45 | 18 | 20 | -11 | -22 | 26 |
Working Capital Days | 60 | 60 | 35 | 28 | 51 | 62 | 71 | 54 | 67 | 51 | 82 | 105 |
ROCE % | 25% | 22% | 33% | 24% | 24% | 25% | 27% | 34% | 32% | 27% | 24% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11h
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Earnings Conference Call Audio Recording
23 May - Audio recording of Q4 & FY25 earnings call available on company website.
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Receipt Of Provisional Certificates For The Project In The State Of Telangana
23 May - Provisional certificates received for two Telangana highway projects worth INR 1409.22 Cr, fit for commercial operation.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Newspaper Publication for the Audited Financial Results for the Quarter and Year ended March 31, 2025.
- Announcement under Regulation 30 (LODR)-Investor Presentation 22 May
Annual reports
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Jan 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Jul 2018Transcript PPT
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Jun 2018Transcript PPT
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Mar 2018TranscriptNotesPPT
Service Offerings
The company specializes in road construction through its EPC business, with a selective focus on HAM projects. It has diversified into railways, metro, solar power, and water projects. It has completed 10+ HAM projects and is executing 26 projects across 13 states in India, supported by a fleet of 3,000+ modern equipment. [1] [2]