Highway Infrastructure Limited (HIL), a leading player in the infrastructure sector, has announced its financial results for the second quarter of fiscal year 2026, showcasing robust performance across key metrics. The company has also appointed a new independent director to strengthen its board.

Financial Highlights

HIL reported a significant increase in profitability for Q2 FY26. The company's consolidated profit after tax (PAT) surged to ₹96.68 crore, marking a substantial rise from ₹2.61 crore in the same quarter of the previous year. This impressive growth in PAT demonstrates the company's ability to enhance its bottom line effectively.

The company's total income for Q2 FY26 stood at ₹1,153.11 crore, compared to ₹1,193.94 crore in Q2 FY25. Despite a slight decrease in total income, HIL managed to significantly improve its profitability, indicating enhanced operational efficiency.

Segment-wise Performance

HIL's business is primarily divided into three segments: Tollway Collection, EPC Infra, and Real Estate. For the half-year ended September 30, 2025, the revenue mix was as follows:

This diversified revenue stream highlights the company's strong presence across different infrastructure sectors.

Balance Sheet Strength

As of September 30, 2025, Highway Infrastructure Limited reported a robust financial position:

• Total Assets: ₹3,087.81 crore
• Net Worth: ₹2,111.06 crore
• Cash and Cash Equivalents: ₹19.93 crore

The company's strong balance sheet provides a solid foundation for future growth and expansion opportunities.

Appointment of New Independent Director

In a move to enhance its corporate governance, HIL's Board of Directors has approved the appointment of Mr. Vinayak Parkhi as an Additional Director (Non-Executive Independent Director). Mr. Parkhi's appointment is for a tenure of five consecutive years, effective from November 6, 2025, to November 5, 2030, subject to shareholder approval.

Mr. Parkhi brings over three decades of rich experience in the banking and housing finance sector. He is a Chartered Accountant and has had an illustrious career with HDFC Limited, where he served as Regional Business Head and later as Senior Vice President. His expertise in driving business growth, enhancing customer engagement, and formulating effective business strategies is expected to add significant value to HIL's board.

Management Commentary

While specific management comments were not provided in the available data, the company's financial performance suggests effective execution of its business strategies and operational improvements across its diverse business segments.

Highway Infrastructure Limited's strong Q2 FY26 results, coupled with the appointment of an experienced independent director, position the company well for continued growth in the infrastructure sector. Investors and stakeholders will likely keep a close watch on how these developments translate into long-term value creation for the company.

Highway Infrastructure Limited (HIL) has announced its financial results for the first half of fiscal year 2025-26, showcasing significant growth in profitability and a substantial increase in its order book.

Financial Highlights

HIL reported a total revenue of Rs. 227.80 crores for H1FY26, a slight increase of 0.40% year-on-year. The company's net profit saw a substantial rise to Rs. 16.90 crores in H1FY26 from Rs. 5.80 crores in H1FY25, representing an impressive growth of 191.80%. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) doubled to Rs. 25.80 crores in H1FY26 from Rs. 12.70 crores in H1FY25.

Order Book Growth and Business Segments

The company's order book experienced significant growth, increasing by 46% to Rs. 775 crores by September 2025 from Rs. 530 crores in March 2025. This substantial increase in the order book indicates strong future revenue potential for the company.

Highway Infrastructure operates across three primary business segments:

1. EPC Infrastructure: Contributing 77% of revenue
2. Tollway Collection: Accounting for 21% of revenue
3. Real Estate: Representing 2% of revenue

Operational Footprint and Financial Metrics

HIL has established a presence across 11 states and 1 union territory in India. The company has successfully completed 90 projects and currently has 25 ongoing projects, demonstrating its extensive experience and capabilities in the infrastructure sector.

The company's financial metrics show notable improvements:

• Return on Equity (ROE) improved to 19.1% in FY25
• Debt-to-Equity ratio decreased to 0.61x, indicating a strengthened balance sheet
• Net worth increased to Rs. 210.60 crores by September 2025

Outlook

The significant growth in profitability and the substantial increase in the order book suggest that Highway Infrastructure Limited is well-positioned for future growth. The company's improved financial metrics, including better ROE and a lower debt-to-equity ratio, indicate enhanced operational efficiency and financial stability.

As HIL moves forward, investors and stakeholders will likely be watching closely to see if the company can maintain its growth trajectory and successfully execute its expanding order book. The diversified business segments and wide geographical presence provide a solid foundation for sustained performance in the coming quarters.