H.G. Infra Engineering Ltd

H.G. Infra Engg. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

H.G. Infra Engineering Ltd

₹ 485 2.18%
25 Mar - close price
hginfra.com BSE: 541019 NSE: HGINFRA
About

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]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 3,159 Cr.
  • Current Price ₹ 485
  • High / Low ₹ 1,275 / 458
  • Stock P/E 6.92
  • Book Value ₹ 470
  • Dividend Yield 0.41 %
  • ROCE 24.4 %
  • ROE 20.5 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.03 times its book value

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

Industrials Construction Construction Civil Construction

Part of BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
1,131 1,470 1,271 869 1,346 1,635 1,506 1,064 1,509 1,973 1,709 1,154 1,450
942 1,232 1,067 731 1,132 1,370 1,263 890 1,258 1,690 1,474 1,007 1,225
Operating Profit 189 238 205 138 214 265 243 174 250 283 236 147 224
OPM % 17% 16% 16% 16% 16% 16% 16% 16% 17% 14% 14% 13% 15%
4 8 4 2 109 5 3 3 2 64 2 17 3
Interest 16 19 17 22 23 19 22 23 30 41 38 39 51
Depreciation 26 26 31 35 37 38 35 36 36 37 33 34 35
Profit before tax 151 200 160 83 264 212 190 119 186 268 167 90 142
Tax % 26% 26% 26% 26% 22% 24% 26% 26% 27% 21% 25% 25% 32%
111 148 118 62 205 160 140 89 137 212 125 67 97
EPS in Rs 17.10 22.66 18.16 9.46 31.53 24.54 21.41 13.60 20.95 32.59 19.25 10.33 14.86
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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 TTM
286 324 712 1,056 1,393 2,010 2,196 2,535 3,615 4,419 5,122 6,052 6,286
248 279 634 932 1,185 1,707 1,854 2,116 3,029 3,708 4,298 5,101 5,396
Operating Profit 39 45 78 124 208 303 342 419 586 710 824 951 889
OPM % 13% 14% 11% 12% 15% 15% 16% 17% 16% 16% 16% 16% 14%
1 2 2 3 5 12 14 7 7 18 118 72 86
Interest 9 13 16 19 40 49 52 60 53 63 81 116 169
Depreciation 11 14 18 26 54 75 76 84 85 96 141 144 139
Profit before tax 20 20 46 83 119 190 228 282 455 569 719 763 667
Tax % 33% 33% 35% 36% 29% 35% 27% 25% 25% 26% 24% 24%
13 13 30 53 84 124 166 211 339 421 545 577 502
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 77.03
Dividend Payout % 0% 0% 0% 0% 4% 3% 0% 2% 2% 2% 2% 2%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 19%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: 26%
3 Years: 16%
TTM: -13%
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: -14%
1 Year: -55%
Return on Equity
10 Years: 24%
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 Sep 2025
Equity Capital 12 15 18 18 65 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 2,999
89 92 123 204 408 380 371 290 316 507 460 1,076 1,652
47 65 130 192 535 529 876 858 700 1,224 1,323 1,865 1,678
Total Liabilities 187 227 375 572 1,484 1,568 2,068 2,181 2,380 3,509 4,101 5,826 6,395
94 98 116 204 412 462 482 483 459 635 742 687 640
CWIP 0 0 5 1 9 0 11 2 2 72 4 3 0
Investments 0 0 0 0 0 20 91 261 354 745 628 1,369 1,877
92 129 254 367 1,064 1,086 1,484 1,435 1,565 2,058 2,727 3,767 3,878
Total Assets 187 227 375 572 1,484 1,568 2,068 2,181 2,380 3,509 4,101 5,826 6,395

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 74
Days Payable 54 60 78 187 142 222 128 88 123 135 173
Cash Conversion Cycle 32 29 44 29 -3 19 -45 18 20 -11 -22 -16
Working Capital Days 60 60 4 -4 5 29 38 26 52 29 60 55
ROCE % 25% 22% 33% 24% 24% 25% 27% 34% 32% 27% 24%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Order Book
INR Million

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Completed Projects
Numbers
Employee Count
Numbers
Equipment Fleet Size
Units
Operational States
Numbers
Order Book Share - Roads & Highways
Percentage

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
74.53% 74.53% 74.53% 74.53% 74.53% 74.53% 71.77% 71.78% 71.78% 71.78% 71.78% 71.78%
1.34% 1.59% 1.67% 1.56% 1.68% 2.04% 2.60% 2.76% 2.87% 2.43% 2.32% 1.92%
14.01% 13.14% 13.05% 12.45% 12.50% 12.13% 12.70% 12.14% 12.02% 11.65% 11.61% 11.14%
10.12% 10.73% 10.74% 11.47% 11.30% 11.30% 12.92% 13.31% 13.33% 14.13% 14.29% 15.16%
No. of Shareholders 61,42875,48477,39078,47585,5961,04,6921,33,1541,38,3601,37,4361,28,6021,29,2171,25,621

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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