Highway Infrastructure Executes ₹328.77 Cr NHAI Contract, Takes Over Jan 23
Highway Infrastructure Limited has executed its largest contract agreement worth ₹328.77 crores with NHAI for toll operations at Kaza Fee Plaza on NH-16 in Andhra Pradesh. The company will take over operations on January 23, 2026, following the contract execution on January 8, 2026. This milestone has propelled HIL's order book beyond ₹1,000 crores, with toll projects showing 340% growth since March.
*this image is generated using AI for illustrative purposes only.
Highway Infrastructure Limited has executed the contract agreement for its largest-ever single work contract, valued at ₹328.77 crores, with the National Highways Authority of India (NHAI). The company announced that it will take over the Kaza Fee Plaza operations on January 23, 2026, marking a significant milestone in its toll operations business.
Contract Execution Details
The company executed the contract agreement on January 8, 2026, following the Letter of Award (LOA) received in December 2025. The takeover is scheduled for January 23, 2026, as per the regulatory filing under Regulation 30 of SEBI Listing Regulations.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹328.77 crores |
| Project: | Operation at Kaza Fee Plaza on Chilakaluripet Vijayawada section |
| Highway: | NH-16 (Km 355.000 to Km 437.500) |
| Length: | 82.50 km |
| Location: | Andhra Pradesh |
| Duration: | One year |
| Takeover Date: | January 23, 2026 |
| Scope: | User fee collection, operations management, maintenance of toilet blocks |
Order Book Performance
This contract has propelled HIL's order book to exceed ₹1,000 crores, demonstrating substantial growth across different segments:
| Metric: | March | Current | Growth (%) |
|---|---|---|---|
| Total Order Book: | ₹531.00 cr | ₹1,078.00 cr | +103.00% |
| EPC Projects: | Not specified | ₹577.00 cr | +38.00% |
| Toll Projects: | Not specified | ₹502.00 cr | +340.00% |
The remarkable 340% increase in toll projects since March highlights the company's growing presence in the toll operations segment.
Company Profile
Highway Infrastructure Limited operates as an integrated infrastructure development and management company with presence across 11 states and 1 Union Territory. The company's core business segments include toll operations, EPC infrastructure, and real estate. With a market capitalization of ₹473.57 crores, HIL has positioned itself as a significant player in the infrastructure sector.
The execution of this contract reinforces HIL's capability to handle high-value projects and enhances its revenue visibility in the toll operations business. The company's advanced technology adoption for efficient toll operations and project execution continues to support its growth strategy across infrastructure segments.
Historical Stock Returns for Highway Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.40% | +10.17% | +20.50% | -3.60% | -33.97% | -56.49% |
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