HG Infra Engineering
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HG Infra Engineering

866.65
+1.40
(0.16%)
Market Cap
₹5,648.05 Cr
PE Ratio
13.62
Volume
89,844.00
Day High - Low
₹888.90 - ₹862.70
52W High-Low
₹1,559.00 - ₹850.00
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Key Fundamentals
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Market Cap
5,648.05 Cr
EPS
77.55
PB Ratio
1.82
Book Value
473.68
EBITDA
1,071.90
Dividend Yield
0.23 %
ROE Growth %
-
Debt to Equity
1.05
Analyst Rating and Forecast
- By Refinitiv from13 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+84.62 %
+84.62 %
Hold
Hold+15.38 %
+15.38 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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positive
HG Infra Engineering Secures Battery Energy Storage System Contract with Gujarat Urja Vikas Nigam3 days ago
HG Infra Engineering has signed a deal with Gujarat Urja Vikas Nigam for a Battery Energy Storage System project. This contract expands the company's presence in the renewable energy storage sector and strengthens its business relationship with Gujarat's power development corporation.
negative
H.G. Infra Engineering Receives GST Show Cause Notice Worth Rs. 220 Crores5 days ago
H.G. Infra Engineering Limited received a show cause notice from the GST Department on November 25, 2025, for alleged wrongful input tax credit availment and under-reporting of supply in GST returns for financial year 2022-23, amounting to Rs. 220.04 crores. The company states there is no immediate impact on operations and plans to file a response with proper documentation, expecting a favorable outcome based on legal counsel advice.
positive
H.G. Infra Engineering Limited has appointed Col Satyajeet Ghoshal as Chief of Staff, categorized as Senior Management Personnel, effective from December 10, 2025. The appointee brings over 31.5 years of cross-sector experience spanning Indian Army and corporate leadership with the Adani Group, including expertise in directing complex operations and organizational transformation.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
4,073.20
#1 5,60,291.47
29.04
#1 2,59,859.30
15.35
#1 17,687
14.13
65.97
321.65
67,064.67
58.55
20,922.80
-9.28
1,282
-19.66
46.10
118.01
31,862.70
50.86
12,273.00
15.34
557
25.26
56.78
43.11
26,034.13
#1 4.03
8,031.50
-2.08
6,481
40.94
45.75
1,181.20
20,171.65
25.94
22,378.30
13.65
567
#1 89.01
35.85
694.25
18,480.94
27.31
21,917.60
9.77
571
88.29
30.61
409.00
15,042.39
29.16
13,022.80
-4.57
487
-22.38
43.73
159.47
14,998.40
25.97
11,131.00
-13.52
728
-33.71
37.49
859.95
14,772.87
31.22
9,152.60
17.86
373
49.17
60.43
1,193.90
13,885.01
29.92
2,428.60
#1 48.22
378
10.40
38.19
Growth Rate
Revenue Growth
-6.05 %
Net Income Growth
-6.16 %
Cash Flow Change
-182.53 %
ROE
-21.92 %
ROCE
-42.76 %
EBITDA Margin (Avg.)
5.65 %

Quarterly Financial Results

Quarterly Financials
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
381
331
238
323
505
454
434
554
587
536
484
575
636
315
485
754
1,064
945
787
960
1,067
1,109
800
1,189
1,543
1,357
958
1,386
1,714
1,532
906
1,269
1,380
1,485
918
Expenses
334
285
203
272
425
383
367
470
489
448
403
490
525
251
393
619
864
766
630
773
872
907
635
947
1,239
1,070
734
1,136
1,376
1,216
683
978
1,121
1,223
699
EBITDA
47
46
36
51
80
71
66
84
98
89
82
85
111
64
92
135
200
179
156
187
195
203
165
243
304
286
223
250
338
316
224
291
259
262
219
Operating Profit %
12 %
14 %
14 %
15 %
16 %
15 %
14 %
15 %
16 %
16 %
16 %
14 %
17 %
20 %
19 %
18 %
18 %
19 %
20 %
19 %
18 %
18 %
20 %
20 %
19 %
21 %
23 %
17 %
19 %
20 %
24 %
23 %
18 %
18 %
23 %
Depreciation
8
11
11
13
19
18
18
20
20
18
18
19
21
20
21
22
23
20
21
22
22
20
24
26
26
31
35
37
38
35
36
36
38
36
40
Interest
5
7
8
10
15
12
10
12
16
14
12
16
18
18
21
24
31
26
28
30
35
34
34
40
47
52
59
57
48
57
62
75
71
95
108
Profit Before Tax
34
29
17
28
46
42
39
53
61
57
51
50
72
26
51
89
147
133
107
136
139
149
108
177
231
203
129
156
252
225
125
180
151
132
71
Tax
10
9
7
9
10
14
13
17
23
19
10
17
18
6
13
21
35
32
33
35
35
39
26
46
60
53
33
54
62
62
45
65
4
32
19
Net Profit
24
19
10
19
36
28
26
36
39
38
41
34
54
20
38
68
111
101
75
101
104
109
82
131
171
150
96
102
190
163
81
115
147
99
52
EPS in ₹
4.49
3.58
1.84
3.50
6.57
4.25
3.91
5.45
5.93
5.82
6.27
5.14
8.34
3.06
5.81
10.40
17.05
15.50
11.43
15.43
15.95
16.79
12.57
20.09
26.23
23.08
14.75
15.66
29.16
24.94
12.38
17.66
22.56
15.23
7.95

Balance Sheet

Balance Sheet
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
572
1,484
1,573
2,217
2,684
3,292
4,927
5,434
8,773
Fixed Assets
204
412
462
483
484
460
635
742
885
Current Assets
339
1,019
1,075
1,589
1,747
1,679
2,518
3,058
3,836
Capital Work in Progress
1
9
0
11
2
2
72
14
1,349
Investments
0
0
3
0
0
0
10
11
12
Other Assets
367
1,064
1,108
1,723
2,198
2,830
4,210
4,668
6,527
Total Liabilities
572
1,484
1,573
2,217
2,684
3,292
4,927
5,434
8,773
Current Liabilities
303
770
793
1,096
974
860
1,459
1,762
2,430
Non Current Liabilities
93
174
117
295
647
996
1,546
1,218
3,393
Total Equity
176
541
663
826
1,063
1,436
1,922
2,455
2,950
Reserve & Surplus
158
476
598
761
997
1,371
1,857
2,390
2,885
Share Capital
18
65
65
65
65
65
65
65
65

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
2
-0
13
-11
-3
22
120
-95
44
26
-28
Investing Activities
-17
-66
-114
-446
9
-85
-103
-66
-378
17
-1,461
Operating Activities
34
30
64
-8
66
36
71
-322
-139
-311
-878
Financing Activities
-15
36
62
443
-78
71
152
293
562
319
2,310

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
74.53 %
71.78 %
71.78 %
71.78 %
71.78 %
71.78 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.67 %
0.00 %
1.68 %
2.04 %
2.60 %
2.77 %
2.86 %
2.43 %
2.32 %
DIIs
16.65 %
14.94 %
13.06 %
12.34 %
12.45 %
12.51 %
13.86 %
14.03 %
14.01 %
13.14 %
13.04 %
10.73 %
12.49 %
12.13 %
12.70 %
12.14 %
12.02 %
11.66 %
11.61 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
4.33 %
5.36 %
6.28 %
7.66 %
7.95 %
8.08 %
8.25 %
8.12 %
7.99 %
8.70 %
8.82 %
9.44 %
9.26 %
9.28 %
10.79 %
11.07 %
11.07 %
11.87 %
12.02 %
Others
4.48 %
5.17 %
6.13 %
5.47 %
5.07 %
4.88 %
3.36 %
3.32 %
3.47 %
3.63 %
1.93 %
5.30 %
2.04 %
2.02 %
2.13 %
2.24 %
2.26 %
2.26 %
2.27 %
No of Share Holders
20,339
24,955
36,484
56,363
63,365
68,727
70,950
61,725
61,428
75,484
77,390
78,475
85,596
1,04,692
1,33,154
1,38,360
1,37,436
1,28,602
1,29,217

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.5 0.5 0.00 0.8 1 1.25 1.5 2
Dividend Yield (%) 0.00 0.00 0.18 0.29 0.00 0.14 0.13 0.14 0.14 0.23

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
31 Aug 2021 DIVIDEND Dividend
₹ 0.80 /share
27 Aug 2021 279.25 555.50
22 Jul 2022 DIVIDEND Dividend
₹ 1.00 /share
21 Jul 2022 567.95 581.80
14 Aug 2023 DIVIDEND Dividend
₹ 1.25 /share
14 Aug 2023 905.75 961.65
14 Aug 2024 DIVIDEND Dividend
₹ 1.50 /share
14 Aug 2024 1,125.10 1,572.20
21 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
21 Aug 2024 1,125.10 1,582.70
11 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2024 1,393.30 1,271.55
05 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Feb 2025 1,226.35 1,211.00
21 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 May 2025 1,150.05 1,236.35
12 Aug 2025 DIVIDEND Dividend
₹ 2.00 /share
12 Aug 2025 1,236.35 995.50
13 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Aug 2025 996.70 989.35
19 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
19 Aug 2025 1,062.80 975.80
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 905.95 892.70

Announcements

Execution Of Battery Energy Storage Purchase Agreement By H.G. Choraniya Bess Private Limited3 days ago
Intimation Under Regulations 30 & 51 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)5 days ago
Announcement under Regulation 30 (LODR)-Change in Management7 days ago
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order10 days ago
Incorporation Of A Wholly Owned Subsidiary Company (Wos)Nov 20, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 19, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 18, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2025
Earnings Conference Call Audio Recording For Q2 & H1FY26Nov 13, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationNov 12, 2025
Results - Financial Results For Quarter And Half Year Ended September 30 2025Nov 12, 2025
Board Meeting Outcome for Outcome Of Board MeetingNov 12, 2025
Intimation Of Q2 & H1 FY26 Earnings Conference CallNov 07, 2025
Intimation For The Execution Of Securities Purchase Agreement With Neo Infra Income Opportunities FundNov 06, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 And 50 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 06, 2025
Intimation Under Regulations 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 30, 2025
Receipt Of Completion Certificate For The Project In The State Of RajasthanOct 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Compliances-Half Yearly Communication - Debt Instruments Oct 08, 2025
Receipt Of Provisional Completion Certificate For The Project In The State Of Andhra PradeshOct 02, 2025
Declaration Of Provisional Appointed Date/Appointed Date By National Highways Authority Of IndiaOct 01, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 25, 2025
Closure of Trading WindowSep 22, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 19, 2025
Intimation For Allotment Of Non-Convertible Debt Securities (Ncds) On Private Placement Basis Amounting To INR 400.00 CrAug 29, 2025
Intimation Of Financial Close By H.G. Narol Sarkhej Highway Private LimitedAug 27, 2025
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 25, 2025
Announcement under Regulation 30 (LODR)-Credit RatingAug 21, 2025
Declaration Of Appointed Date By National Highway Division R&B Department AhmedabadAug 21, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 20, 2025
Disclosure Under Regulation 30Aug 19, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 19, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 19, 2025
Earnings Conference Call Audio Recording For Q1 FY26Aug 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 13, 2025
Intimation Of Sale Of Subsidiaries Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 13, 2025
Results - Financial Results June 30 2025Aug 13, 2025
Board Meeting Outcome for Outcome Of Board MeetingAug 13, 2025
Intimation Of Q1FY26 Earnings Conference CallAug 11, 2025
Declaration Of Appointed Date By Rail Land Development Authority (RLDA)Aug 08, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 07, 2025
Receipt Of Letter Of Award (LOA) From Military Engineer Services (MES) MumbaiAug 05, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Letter Sent To Non Email MembersJul 29, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 28, 2025
Reg. 34 (1) Annual Report.Jul 28, 2025
Notice Of The 23Rd Annual General Meeting And Annual Report For The Financial Year 2024-25Jul 28, 2025
Announcement under Regulation 30 (LODR)-AcquisitionJul 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
HSBC Small Cap Fund Direct-Growth
0.34%
-306600
-0.20%
-0.31%
DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth
0.74%
89474
0.14%
0.10%
UTI Small Cap Fund Direct - Growth
0.53%
15000
0.00%
0.49%
HSBC Infrastructure Fund Direct-Growth
0.42%
-8096
-0.05%
-0.08%
Bandhan Infrastructure Fund Direct Plan-Growth
1.67%
-3198
-0.05%
-0.13%
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth
0.22%
699
-0.01%
-0.03%
Groww Nifty Total Market Index Fund Direct - Growth
0.01%
2
0.00%
0.00%
Angel One Nifty Total Market Index Fund Direct - Growth
0.01%
1
0.00%
0.00%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.01%
-1
0.00%
0.00%
Bandhan Business Cycle Fund Direct-Growth
0.00%
0
0.00%
0.00%
Mirae Asset Nifty Total Market Index Fund Direct-Growth
0.01%
0
0.00%
0.00%
DSP Business Cycle Fund Direct - Growth
0.52%
0
-0.03%
-0.06%
Aditya Birla Sun Life Retirement Fund - The 50s Plan Direct-Growth
0.22%
0
0.00%
-0.01%
Aditya Birla Sun Life Retirement Fund - The 40s Plan Direct-Growth
0.60%
0
-0.03%
-0.05%
HSBC Business Cycles Fund Direct-Growth
0.00%
0
0.00%
0.00%
Aditya Birla Sun Life Retirement Fund - The 30s Plan Direct-Growth
0.00%
0
0.00%
0.00%
Aditya Birla Sun Life Multi Asset Allocation Fund Direct-Growth
0.51%
0
-0.04%
-0.09%
ITI Mid Cap Fund Direct - Growth
0.00%
0
0.00%
0.00%
ITI Value Fund Direct - Growth
0.00%
0
0.00%
0.00%
Kotak Infrastructure and Economic Reform Fund Direct-Growth
0.75%
0
-0.03%
-0.08%
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
0.11%
0
-0.01%
-0.01%
Aditya Birla Sun Life Manufacturing Equity Fund Direct-Growth
0.81%
0
-0.04%
-0.10%
Motilal Oswal Quant Fund Direct-Growth
0.00%
0
0.00%
0.00%
Nippon India Small Cap Fund Direct- Growth
0.30%
0
-0.01%
-0.03%
SBI Long Term Advantage Fund Series III Direct Growth
2.00%
0
-0.09%
-0.18%

Technical Indicators

RSI(14)
Neutral
38.80
ATR(14)
Less Volatile
23.12
STOCH(9,6)
Neutral
37.36
STOCH RSI(14)
Neutral
75.87
MACD(12,26)
Bullish
1.10
ADX(14)
Weak Trend
21.16
UO(9)
Bearish
40.18
ROC(12)
Downtrend And Accelerating
-4.64
WillR(14)
Neutral
-77.00