H.G. Infra Engineering Ltd
H.G. Infra Engineering Limited (HGIEL) is an Indian Road Infrastructure Company engaged in the business of Engineering, Procurement and Construction (EPC) Services, Maintenance of roads, bridges, flyovers and other infrastructure contract works. [1]
- Market Cap ₹ 6,849 Cr.
- Current Price ₹ 1,051
- High / Low ₹ 1,880 / 928
- Stock P/E 13.0
- Book Value ₹ 389
- Dividend Yield 0.14 %
- ROCE 27.4 %
- ROE 22.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 30.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Part of Nifty Total Market Nifty Microcap 250 BSE Allcap BSE Industrials BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
154 | 286 | 324 | 712 | 1,056 | 1,393 | 2,010 | 2,196 | 2,535 | 3,615 | 4,419 | 5,122 | 5,713 | |
145 | 248 | 279 | 634 | 932 | 1,185 | 1,707 | 1,854 | 2,116 | 3,029 | 3,708 | 4,298 | 4,781 | |
Operating Profit | 9 | 39 | 45 | 78 | 124 | 208 | 303 | 342 | 419 | 586 | 710 | 824 | 932 |
OPM % | 6% | 13% | 14% | 11% | 12% | 15% | 15% | 16% | 17% | 16% | 16% | 16% | 16% |
0 | 1 | 2 | 2 | 3 | 5 | 12 | 14 | 7 | 7 | 18 | 118 | 13 | |
Interest | 0 | 9 | 13 | 16 | 19 | 40 | 49 | 52 | 60 | 53 | 63 | 81 | 94 |
Depreciation | 0 | 11 | 14 | 18 | 26 | 54 | 75 | 76 | 84 | 85 | 96 | 141 | 145 |
Profit before tax | 9 | 20 | 20 | 46 | 83 | 119 | 190 | 228 | 282 | 455 | 569 | 719 | 707 |
Tax % | 0% | 33% | 33% | 35% | 36% | 29% | 35% | 27% | 25% | 25% | 26% | 24% | |
9 | 13 | 13 | 30 | 53 | 84 | 124 | 166 | 211 | 339 | 421 | 545 | 525 | |
EPS in Rs | 11.68 | 10.75 | 8.85 | 16.75 | 29.64 | 12.93 | 18.96 | 25.43 | 32.37 | 51.98 | 64.66 | 83.70 | 80.50 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 3% | 0% | 2% | 2% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 26% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 30% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 23% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 26% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 12 | 15 | 18 | 18 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
Reserves | 25 | 39 | 54 | 105 | 158 | 476 | 594 | 756 | 967 | 1,299 | 1,713 | 2,253 | 2,473 |
60 | 89 | 92 | 123 | 204 | 408 | 380 | 371 | 290 | 316 | 507 | 460 | 892 | |
42 | 47 | 65 | 130 | 192 | 535 | 529 | 876 | 858 | 700 | 1,224 | 1,323 | 1,284 | |
Total Liabilities | 134 | 187 | 227 | 375 | 572 | 1,484 | 1,568 | 2,068 | 2,181 | 2,380 | 3,509 | 4,101 | 4,714 |
69 | 94 | 98 | 116 | 204 | 412 | 462 | 482 | 483 | 459 | 635 | 742 | 709 | |
CWIP | 0 | 0 | 0 | 5 | 1 | 9 | 0 | 11 | 2 | 2 | 72 | 4 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 91 | 261 | 354 | 745 | 628 | 727 |
65 | 92 | 129 | 254 | 367 | 1,064 | 1,086 | 1,484 | 1,435 | 1,565 | 2,058 | 2,727 | 3,277 | |
Total Assets | 134 | 187 | 227 | 375 | 572 | 1,484 | 1,568 | 2,068 | 2,181 | 2,380 | 3,509 | 4,101 | 4,714 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 17 | 64 | -8 | 86 | 255 | 527 | 114 | 587 | 271 | |||
-37 | -35 | -114 | -446 | -11 | -162 | -270 | -173 | -683 | -87 | |||
25 | 26 | 62 | 443 | -78 | -72 | -141 | -34 | 117 | -146 | |||
Net Cash Flow | -2 | 8 | 13 | -11 | -3 | 21 | 116 | -93 | 22 | 38 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 32 | 40 | 47 | 63 | 113 | 113 | 134 | 94 | 70 | 72 | 65 |
Inventory Days | 43 | 57 | 44 | 71 | 48 | 43 | 52 | 37 | 40 | 48 | ||
Days Payable | 54 | 60 | 78 | 187 | 142 | 222 | 128 | 88 | 123 | 135 | ||
Cash Conversion Cycle | 59 | 32 | 29 | 44 | 29 | -3 | 19 | -45 | 18 | 20 | -11 | -22 |
Working Capital Days | 20 | 60 | 60 | 35 | 28 | 51 | 62 | 71 | 54 | 67 | 51 | 82 |
ROCE % | 12% | 25% | 22% | 33% | 24% | 24% | 25% | 27% | 34% | 32% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
8m - CARE Ratings assigned AA rating to H.G. Infra.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
19h - Transfer of 26% stake in subsidiaries to Stockwell Solar Services.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
27 Mar - Received Income Tax Order and Show Cause Notice.
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Announcement under Regulation 30 (LODR)-Change in Management
26 Mar - Appointment of Dr. Sunil Kumar Chaudhary as Independent Director.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 26 Mar
Annual reports
Concalls
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Feb 2025Transcript PPT REC
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Service Offerings
The company specializes in road construction through its EPC business, with a selective focus on HAM projects. It has diversified into railways, metro, solar power, and water projects. It has completed 10+ HAM projects and is executing 26 projects across 13 states in India, supported by a fleet of 3,000+ modern equipment. [1] [2]