Highway Infrastructure FY26 profit rises 42% to ₹31.8 crore

1 min read     Updated on 05 Jun 2026, 05:17 PM
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Highway Infrastructure Limited reported a 42% rise in FY26 net profit to ₹31.8 crore, driven by a 25.6% increase in total income to ₹633.4 crore. The order book grew 113% year-on-year to ₹1,143 crore, providing strong revenue visibility. The company forecasts ₹950 crore in revenue for FY27, supported by a robust balance sheet with a debt-to-equity ratio of 0.45x.

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Highway Infrastructure Limited reported a 42% increase in consolidated net profit to ₹31.8 crore for the financial year ended 31 March 2026, driven by a 25.6% rise in total income to ₹633.4 crore. The company’s order book grew by 113% year-on-year to ₹1,143 crore as of March 2026, providing significant revenue visibility. For the quarter ended 31 March 2026, the company recorded a consolidated net profit of ₹8.7 crore on total income of ₹277.2 crore.

The Board of Directors approved the audited standalone and consolidated financial results on 26 May 2026. The Statutory Auditors audited the results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it does not have any exceptional or extraordinary items to report for the periods under review.

Financial Performance

The company strengthened its balance sheet, with net worth increasing by 94% year-on-year to ₹228.5 crore as of March 2026. The debt-to-equity ratio improved to 0.45x, providing headroom for future growth. Return on equity remained at 18.4%, highlighting operational efficiency.

Consolidated Results

Particulars (₹ Crores) Q4FY26 FY26
Total Income 277.2 633.4
EBITDA 16.1 51.5
Net Profit 8.7 31.8
EBITDA Margin (%) 5.8 8.1

Standalone Results

Particulars (₹ Crores) Q4FY26 FY26
Total Income 274.1 627.5
Net Profit 9.2 32.1

Operational Highlights and Outlook

Management discussed the results in an earnings conference call held on 02 June 2026. The company operates across Tollway collection, EPC infrastructure, and Real Estate verticals. In FY26, Tollway collection contributed 73.7% to revenue, EPC infrastructure contributed 19.8%, and Real Estate contributed 6.5%. The company secured the Kaza Fee Plaza project in Andhra Pradesh with a contract value of ₹328.8 crore.

For FY27, the company forecasts total revenue of ₹950 crore, comprising ₹300 crore from EPC and ₹650 crore from the toll segment. The management emphasized selective bidding to maintain margins, with EPC margins targeted at 13% to 14% and toll margins at 7%. The company is also evaluating opportunities in wayside amenities and renewable energy-linked EPC, such as EV charging infrastructure, to drive future growth.

Historical Stock Returns for Highway Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-1.89%-2.30%-18.39%-60.96%-60.96%

What are the execution timelines for the newly secured Kaza Fee Plaza project and when will it start contributing to the top line?

How will the company's improved debt-to-equity ratio influence its capital allocation strategy regarding new verticals like renewable energy-linked EPC?

What specific risks does the shift in revenue mix towards the EPC segment pose to the company's overall margin profile for FY27?

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Highway Infrastructure appoints auditors for FY27

1 min read     Updated on 27 May 2026, 04:57 PM
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Highway Infrastructure Limited's board appointed M/s Ritesh Gupta & Co as Secretarial Auditor for five years from FY 2026-27 to FY 2030-2031 and Mr. Sachin Kumar Jain as Internal Auditor for FY 2026-27. The Secretarial Auditor appointment requires shareholder ratification at the ensuing Annual General Meeting. The company confirmed no relationships exist between the appointed auditors and its directors.

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Highway Infrastructure Limited's board appointed M/s Ritesh Gupta & Co as Secretarial Auditor for five years and Mr. Sachin Kumar Jain as Internal Auditor for FY 2026-27. The appointments, made at a meeting on May 26, 2026, are subject to shareholder approval for the Secretarial Auditor. These decisions strengthen the company's governance framework ahead of the upcoming financial year.

The board approved the appointment of M/s Ritesh Gupta & Co, Practicing Company Secretaries, as Secretarial Auditor for a term of five consecutive years from FY 2026-27 to FY 2030-2031. This appointment requires ratification by shareholders at the ensuing Annual General Meeting. The firm, registered with the Institute of Company Secretaries of India, holds a valid peer review number and specializes in corporate laws and governance.

Mr. Sachin Kumar Jain, Chartered Accountant, was appointed as Internal Auditor for the Financial Year 2026-27. With over 10 years of industry experience, Mr. Jain brings expertise across sectors including Real Estate, Automobile, and Power & Telecom. The company confirmed there are no relationships between the appointed auditors and its directors.

Appointment Details Information
Secretarial Auditor M/s Ritesh Gupta & Co., Practicing Company Secretaries
Secretarial Auditor Term 5 years (FY 2026-27 to FY 2030-2031)
Internal Auditor Mr. Sachin Kumar Jain, Chartered Accountants
Internal Auditor Term FY 2026-27
Relationship with Directors Not Applicable

The intimation regarding these appointments was submitted to BSE Limited and the National Stock Exchange of India Ltd in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's scrip symbol is HILINFRA.

Historical Stock Returns for Highway Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-1.89%-2.30%-18.39%-60.96%-60.96%

How will the extended five-year tenure for the Secretarial Auditor impact the company's long-term compliance strategy?

What specific governance improvements does Highway Infrastructure Limited anticipate following these appointments?

Will the specialized sector experience of the new Internal Auditor lead to a shift in the company's risk management focus?

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