Highway Infrastructure Limited has announced the receipt of a Letter of Award (LOA) worth ₹329 crores, marking a significant development for the construction sector company. This contract award represents a substantial addition to the company's project portfolio and demonstrates its competitive positioning in the infrastructure development market.

Contract Details

The following table summarizes the key details of the awarded contract:

Business Impact

This LOA represents a notable contract win for Highway Infrastructure Limited, which operates in the construction sector. The ₹329 crore value indicates the substantial scale of the infrastructure project that the company will be undertaking. Such contract awards are crucial for construction companies as they provide revenue visibility and demonstrate the company's capability to secure significant projects in the competitive infrastructure development market.

Company Profile

Highway Infrastructure Limited is a construction sector company that specializes in infrastructure development projects. The company operates in the small-cap segment of the Indian equity market and focuses on various construction and infrastructure-related activities. This latest contract award reinforces the company's presence in the infrastructure development space.

Market Significance

The receipt of this LOA highlights the ongoing opportunities in India's infrastructure sector. For Highway Infrastructure Limited, securing contracts of this magnitude demonstrates its operational capabilities and market positioning. The ₹329 crore contract value represents a significant business development that could contribute to the company's future revenue streams and project execution portfolio.

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.

Order Book Performance

This contract has propelled HIL's order book to exceed ₹1,000 crores, demonstrating substantial growth across different segments:

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.