Highway Infrastructure Limited disclosed that its promoters and promoter group did not create any encumbrances on shares, directly or indirectly, during the financial year ended March 31, 2026. The declaration confirms that no shares were pledged by the members of the promoter and promoter group, including persons acting in concert, as of the specified date. This compliance filing ensures transparency regarding the holding status of the company's key stakeholders.

The disclosure was submitted to the stock exchanges in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the intimation with BSE Limited and National Stock Exchange of India Ltd on April 4, 2026. The filing includes declarations from promoters Arun Kumar Jain, Anoop Agrawal, and Riddharth Jain on behalf of the promoter and promoter group.

Regulatory Compliance Details

The submission details the compliance status of the company's promoters regarding share encumbrances for the full financial year. The specific declarations received from the promoters are outlined below:

The declarations were addressed to the Audit Committee of Highway Infrastructure Limited and the respective stock exchanges. Palak Rathore, Company Secretary & Compliance Officer, signed the submission to the exchanges on April 4, 2026.

Highway Infrastructure Limited has released the transcript of its earnings conference call held on June 2, 2026, discussing the audited financial results for the quarter and year ended March 31, 2026. The company reported a record order book of INR 1,143 crores, providing strong execution visibility for the coming periods. For FY26, the company achieved a total income of INR 633.4 crores, a 25.6% year-on-year increase, with Profit After Tax (PAT) rising 42.0% to INR 31.8 crores.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management highlighted that the balance sheet remains robust with a debt-to-equity ratio of 0.45x and a net worth of INR 228.5 crores as of March 2026.

Financial Performance

The company operates across three verticals: Tollway collection, EPC infrastructure, and Real Estate. In FY26, Tollway collection contributed 73.7% to revenue, EPC infrastructure contributed 19.8%, and Real Estate contributed 6.5%. The EBITDA for the year stood at INR 51.5 crores, up 28.4% year-on-year.

Operational Highlights

During the year, the company secured the Kaza Fee Plaza project in Andhra Pradesh with a contract value of about INR 328.8 crores, marking the largest Tollway collection contract in its history. However, management withdrew from the Venkatapalam Fee Plaza opportunity, incurring a penalty of INR 26.33 lakh, and handed over the Katiyara Fee Plaza in Bihar due to unattractive commercial terms.

The executable pipeline as of March 2026 comprised INR 591.3 crores of balance EPC works and INR 526.1 crores of Tollway Collection balance value. The company is also evaluating adjacent opportunities such as wayside amenities and renewable energy-linked EPC, including EV charging infrastructure.

Future Guidance

Management provided revenue guidance for the upcoming financial years. For FY27, the company forecasts total revenue of INR 950 crores, comprising INR 300 crores from EPC and INR 650 crores from the toll segment. For FY28, the company expects total revenue to reach INR 1,200 crores, with INR 300 crores from EPC and INR 900 crores from toll.

The conference call featured key management representatives including Mr. Arun Kumar Jain, Managing Director; Mr. Riddharth Jain, Director and CEO; and Mr. Anoop Agrawal, Whole Time Director & CFO. The transcript is available on the company's official website.