About
H.G. Infra Engineering Limited, together with its subsidiaries, engages in the provision of engineering, procurement, and construction (EPC) services in India. It operates through two segments, Construction and Renewable segments. The company provides EPC services on a turnkey basis and hybrid annuity model for civil construction and related infrastructure projects. It also undertakes projects under the hybrid annuity model, including transportation, renewable energy, and emerging areas, such as battery energy storage systems and power transmission. In addition, the company operates, constructs and maintains roads, highways, bridges, flyovers, railway lines, other infrastructure contract, and related works, as well as railways, metro, solar powered plant, water infrastructure projects, and transmission and distribution projects. Further, it generates and sells electricity. The company serves central and state government agencies, statutory authorities, and private sector enterprises. H.G. Infra Engineering Limited was incorporated in 2003 and is based in Jaipur, India.
Key Metrics
as of Sep 2026Market Cap3,137 Cr
P/E12.10
Div Yield0.41 %
Book Value₹501.00
52w High₹1,050.00
52w Low₹430.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 907.00 | 1,354.00 | 1,450.00 | 1,154.00 | 1,709.00 | 1,973.00 | 1,509.00 | 1,064.00 | 1,506.00 | 1,635.00 | 1,346.00 | 869.00 | 1,271.00 |
| Expenses | 830.00 | 1,227.00 | 1,225.00 | 1,007.00 | 1,474.00 | 1,690.00 | 1,258.00 | 890.00 | 1,263.00 | 1,370.00 | 1,132.00 | 731.00 | 1,067.00 |
| Operating Profit | 77.00 | 127.00 | 224.00 | 147.00 | 236.00 | 283.00 | 250.00 | 174.00 | 243.00 | 265.00 | 214.00 | 138.00 | 205.00 |
| OPM % | 8.00 | 9.00 | 15.00 | 13.00 | 14.00 | 14.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
| Other Income | 33.00 | 78.00 | 3.00 | 17.00 | 2.00 | 64.00 | 2.00 | 3.00 | 3.00 | 5.00 | 109.00 | 2.00 | 4.00 |
| Depreciation | 30.00 | 35.00 | 35.00 | 34.00 | 33.00 | 37.00 | 36.00 | 36.00 | 35.00 | 38.00 | 37.00 | 35.00 | 31.00 |
| Interest | 43.00 | 50.00 | 51.00 | 39.00 | 38.00 | 41.00 | 30.00 | 23.00 | 22.00 | 19.00 | 23.00 | 22.00 | 17.00 |
| Profit before tax | 37.00 | 120.00 | 142.00 | 90.00 | 167.00 | 268.00 | 186.00 | 119.00 | 190.00 | 212.00 | 264.00 | 83.00 | 160.00 |
| Tax % | 23.00 | 17.00 | 32.00 | 25.00 | 25.00 | 21.00 | 27.00 | 26.00 | 26.00 | 24.00 | 22.00 | 26.00 | 26.00 |
| Net Profit | 28.00 | 100.00 | 97.00 | 67.00 | 125.00 | 212.00 | 137.00 | 89.00 | 140.00 | 160.00 | 205.00 | 62.00 | 118.00 |
| EPS in Rs | 4.34 | 15.27 | 14.86 | 10.33 | 19.25 | 32.59 | 20.95 | 13.60 | 21.41 | 24.54 | 31.53 | 9.46 | 18.16 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,667.00 | 6,052.00 | 5,122.00 | 4,419.00 | 3,615.00 | 2,535.00 | 2,196.00 | 2,010.00 | 1,393.00 | 1,056.00 | 712.00 | 324.00 |
| Expenses | 4,931.00 | 5,101.00 | 4,298.00 | 3,708.00 | 3,029.00 | 2,116.00 | 1,854.00 | 1,707.00 | 1,185.00 | 932.00 | 634.00 | 279.00 |
| Operating Profit | 736.00 | 951.00 | 824.00 | 710.00 | 586.00 | 419.00 | 342.00 | 303.00 | 208.00 | 124.00 | 78.00 | 45.00 |
| OPM % | 13.00 | 16.00 | 16.00 | 16.00 | 16.00 | 17.00 | 16.00 | 15.00 | 15.00 | 12.00 | 11.00 | 14.00 |
| Other Income | 98.00 | 72.00 | 118.00 | 18.00 | 7.00 | 7.00 | 14.00 | 12.00 | 5.00 | 3.00 | 2.00 | 2.00 |
| Interest | 178.00 | 116.00 | 81.00 | 63.00 | 53.00 | 60.00 | 52.00 | 49.00 | 40.00 | 19.00 | 16.00 | 13.00 |
| Depreciation | 136.00 | 144.00 | 141.00 | 96.00 | 85.00 | 84.00 | 76.00 | 75.00 | 54.00 | 26.00 | 18.00 | 14.00 |
| Profit before tax | 519.00 | 763.00 | 719.00 | 569.00 | 455.00 | 282.00 | 228.00 | 190.00 | 119.00 | 83.00 | 46.00 | 20.00 |
| Tax % | 25.00 | 24.00 | 24.00 | 26.00 | 25.00 | 25.00 | 27.00 | 35.00 | 29.00 | 36.00 | 35.00 | 33.00 |
| Net Profit | 389.00 | 577.00 | 545.00 | 421.00 | 339.00 | 211.00 | 166.00 | 124.00 | 84.00 | 53.00 | 30.00 | 13.00 |
| EPS in Rs | 59.71 | 88.55 | 83.70 | 64.66 | 51.98 | 32.37 | 25.43 | 18.96 | 12.93 | 29.64 | 16.75 | 8.85 |
| Dividend Payout % | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 3.00 | 4.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 18.00 | 18.00 | 15.00 |
| Reserves | 3,194.00 | 2,820.00 | 2,253.00 | 1,713.00 | 1,299.00 | 967.00 | 756.00 | 594.00 | 476.00 | 158.00 | 105.00 | 54.00 |
| Borrowings | 1,645.00 | 1,076.00 | 460.00 | 507.00 | 316.00 | 290.00 | 371.00 | 380.00 | 408.00 | 204.00 | 123.00 | 92.00 |
| Other Liabilities | 2,309.00 | 1,865.00 | 1,323.00 | 1,224.00 | 700.00 | 858.00 | 876.00 | 529.00 | 535.00 | 192.00 | 130.00 | 65.00 |
| Total Liabilities | 7,214.00 | 5,826.00 | 4,101.00 | 3,509.00 | 2,380.00 | 2,181.00 | 2,068.00 | 1,568.00 | 1,484.00 | 572.00 | 375.00 | 227.00 |
| Fixed Assets | 595.00 | 687.00 | 742.00 | 635.00 | 459.00 | 483.00 | 482.00 | 462.00 | 412.00 | 204.00 | 116.00 | 98.00 |
| CWIP | 0.00 | 3.00 | 4.00 | 72.00 | 2.00 | 2.00 | 11.00 | 0.00 | 9.00 | 1.00 | 5.00 | 0.00 |
| Investments | 1,812.00 | 1,369.00 | 628.00 | 745.00 | 354.00 | 261.00 | 91.00 | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 4,806.00 | 3,767.00 | 2,727.00 | 2,058.00 | 1,565.00 | 1,435.00 | 1,484.00 | 1,086.00 | 1,064.00 | 367.00 | 254.00 | 129.00 |
| Total Assets | 7,214.00 | 5,826.00 | 4,101.00 | 3,509.00 | 2,380.00 | 2,181.00 | 2,068.00 | 1,568.00 | 1,484.00 | 572.00 | 375.00 | 227.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 253.00 | 120.00 | 271.00 | 587.00 | 114.00 | 527.00 | 255.00 | 86.00 | -8.00 | 64.00 |
| Cash from Investing Activity | -636.00 | -696.00 | -87.00 | -683.00 | -173.00 | -270.00 | -162.00 | -11.00 | -446.00 | -114.00 |
| Cash from Financing Activity | 374.00 | 494.00 | -146.00 | 117.00 | -34.00 | -141.00 | -72.00 | -78.00 | 443.00 | 62.00 |
| Net Cash Flow | -9.00 | -82.00 | 38.00 | 22.00 | -93.00 | 116.00 | 21.00 | -3.00 | -11.00 | 13.00 |
| Free Cash Flow | 217.00 | 50.00 | 66.00 | 269.00 | 57.00 | 441.00 | 162.00 | -42.00 | -260.00 | -44.00 |
| CFO/OP % | 55.00 | 35.00 | 56.00 | 105.00 | 38.00 | 142.00 | 96.00 | 47.00 | 16.00 | 71.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110.00 | 83.00 | 65.00 | 72.00 | 70.00 | 94.00 | 134.00 | 113.00 | 113.00 | 63.00 | 47.00 | 40.00 |
| Inventory Days | 69.00 | 74.00 | 48.00 | 40.00 | 37.00 | 52.00 | 43.00 | 48.00 | 71.00 | 44.00 | 57.00 | 43.00 |
| Days Payable | 266.00 | 173.00 | 135.00 | 123.00 | 88.00 | 128.00 | 222.00 | 142.00 | 187.00 | 78.00 | 60.00 | 54.00 |
| Cash Conversion Cycle | -87.00 | -16.00 | -22.00 | -11.00 | 20.00 | 18.00 | -45.00 | 19.00 | -3.00 | 29.00 | 44.00 | 29.00 |
| Working Capital Days | 40.00 | 55.00 | 60.00 | 29.00 | 52.00 | 26.00 | 38.00 | 29.00 | 5.00 | -4.00 | 4.00 | 60.00 |
| ROCE % | 14.00 | 24.00 | 27.00 | 32.00 | 34.00 | 27.00 | 25.00 | 24.00 | 24.00 | 33.00 | — | 22.00 |
Corporate Actions
8 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Aug 2026 | 12 Aug 2026 | — | 2.00 | |
| Dividend | 12 Aug 2025 | 12 Aug 2025 | — | 2.00 | |
| Dividend | 14 Aug 2024 | 14 Aug 2024 | — | 1.50 | |
| Dividend | 14 Aug 2023 | 14 Aug 2023 | — | 1.25 | |
| Dividend | 21 Jul 2022 | 22 Jul 2022 | — | 1.00 | |
| Dividend | 27 Aug 2021 | — | — | 0.80 | |
| Dividend | 01 Aug 2019 | — | — | 0.50 | |
| Dividend | 31 Aug 2018 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update3 Sep from care
-
Rating update21 Aug from icra
-
Rating update28 Apr from icra
-
Rating update2 Apr from care
-
Rating update2 Feb from icra
-
Rating update30 Jan from care