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H.G. Infra Engineering Ltd (HGINFRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 541019 NSE: HGINFRA Engineering - Construction | Small Cap | H.G. Infra Engg. Share Price

₹568.25 2.70 (0.48%)

As on 09-Jun'26 16:59

H.G. Infra Engineering Ltd (HGINFRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 541019 NSE: HGINFRA Engineering - Construction | Small Cap | H.G. Infra Engg. Share Price

₹568.25 2.70 (0.48%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,703 Cr.
Current Price
₹568.3
52-Week Low / High
₹430 / 1,144
TTM EPS
₹59.7
TTM Sales
₹5,667 Cr.
Book Value per Share
₹500.1
P/E Ratio
9.52
Lower than its 5-year historical median
Industry PE
29.7
Price to Book (P/B)
1.14
Lower than its 5-year historical median
Price to Sales (P/S)
0.65
Lower than its 5-year historical median
EV/EBITDA
6.82
Lower than its 5-year historical median
Dividend Yield
0.19%
Profitability Efficiency
Return on Equity (ROE)
22.18%
Outperforms industry median
Return on Capital Employed (ROCE)
26.16%
Outperforms industry median
Return on Assets (ROA)
11.27%
Operating Profit Margin
15.5%
Net Profit Margin
9.54%
Gross Profit Margin
14.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
18.16%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
14.33%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
5.8%
Asset Quality
Promoter Holding
71.78%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,194 Cr.
Equity
₹65.2 Cr.
Face Value
₹10
All Time Low / High
₹135.00 / 1880.00

H.G. Infra Engineering stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is H.G. Infra Engineering Ltd a good quality company?
H.G. Infra Engineering Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does H.G. Infra Engineering Ltd performance compare with that of its Peers?
Q.1 Revenue growth of H.G. Infra Engineering Ltd vs industry peers?
H.G. Infra Engineering Ltd revenue CAGR is 22.47%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of H.G. Infra Engineering Ltd?
Promoters hold 71.78% of the H.G. Infra Engineering Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of H.G. Infra Engineering Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 10.97% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
H.G. Infra Engineering Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 30.7%32.7%24%24.1%25.2%27.2%33.8%31.9%31.7%26.2%-
Value Creation
Index
1.21.30.70.70.80.91.41.31.40.9-

Growth Parameters

Sales 7121,0561,3932,0102,1962,5353,6154,4195,1226,0525,667
Sales YoY Gr.-48.2%31.9%44.3%9.3%15.4%42.6%22.2%15.9%18.2%-
Adj EPS 5.69.9131925.532.552.164.772.482.459.7
YoY Gr.-77.5%31.4%45.5%34.6%27.4%60.3%24.2%12%13.8%-
BVPS (₹) 22.732.683101.2126.1158.4209.4272.9355.8442.7500.1
Adj Net
Profit
30.253.684.9124166212339421472537389
Cash Flow from Ops. 34.364.4-7.886.1255527114587271120-
Debt/CF from Ops. 3.63.2-52.24.41.40.62.80.91.78.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 26.8%22.5%18.7%18.2%
Adj EPS 34.9%26.4%16.5%13.8%
BVPS39.1%28.6%28.4%24.4%
Share Price - 6.8% -14.4% -48.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
29.235.923.720.622.522.828.326.82320.612.7
Op. Profit
Mgn %
1111.814.915.115.616.516.216.116.115.512.9
Net Profit
Mgn %
4.25.16.16.27.68.49.49.59.28.96.9
Debt to
Equity
11.20.80.60.50.30.20.30.20.40
Working Cap
Days
114108159173205192138145164193145
Cash Conv.
Cycle
3237454950433525161927

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7121,0561,3932,0102,1962,5353,6154,4195,1226,052
Operating Expenses + 6349321,1861,7071,8542,1173,0313,7084,3005,112
Manufacturing Costs2904455276347857571,0321,2561,6081,949
Material Costs2794095468928931,1861,7922,1442,2632,681
Employee Cost 304176119111109128196288329
Other Costs 35383661656479112140153
Operating Profit 78124207303342418584710822940
Operating Profit Margin (%) 11.0%11.8%14.9%15.1%15.6%16.5%16.2%16.1%16.0%15.5%
Other Income + 246121488181326
Exceptional Items 0000000010757
Interest 161940495260536381116
Depreciation 1826547576848596141144
Profit Before Tax 4683119190228282455569719763
Tax 163034676271116147174186
Profit After Tax 305384124166211339421545577
PAT Margin (%) 4.2%5.1%6.1%6.2%7.6%8.3%9.4%9.5%10.7%9.5%
Adjusted EPS (₹)5.69.912.919.025.432.452.064.783.788.6
Dividend Payout Ratio (%)0%0%3.90%2.60%0%2.50%1.90%1.90%1.80%2.30%

Valuation of H.G. Infra Engg. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1231765416598221,0321,3641,7782,3182,885
Share Capital 18186565656565656565
Reserves 1051584765947569671,2991,7132,2532,820
Debt +87157301242255227266309241699
Long Term Debt2863125596494160236150237
Short Term Debt59931761821911321067391463
Minority Interest0000000000
Trade Payables46872793465444154327248361,271
Others Liabilities 1551753983715135694178338621,130
Total Liabilities 4115951,5191,6182,1332,2422,4793,6454,2575,986

Fixed Assets

Net Fixed Assets +116204412462482483450627736683
Gross Block1992304906157007668131,0431,2461,316
Accumulated Depreciation822578153218283363417510633
CWIP 519011227243
Investments 00020912613557456281,369
Inventories4349107116106168184235297543
Trade Receivables931814296218086536958719141,374
Cash Equivalents 448229100114258158179199134
Others Assets 1501113342985214166359161,4791,880
Total Assets 4115951,5191,6182,1332,2422,4793,6454,2575,986

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3464-886255527114587271120
PBT 5183119190228282455569612706
Adjustment 434491124136138132169245257
Changes in Working Capital -45-39-176-170-36175-3636-394-629
Tax Paid -15-24-41-58-73-69-110-157-193-215
Cash Flow From Investing Activity + -66-114-446-11-162-270-173-683-87-696
Capex -61-109-252-128-93-87-57-318-205-70
Net Investments -7-8-1981291-22-10016-23
Others 224-12-70-161-106-365102-602
Cash Flow From Financing Activity + 3462443-78-72-141-34117-146494
Net Proceeds from Shares 303000000000
Net Proceeds from Borrowing 2835114-32-22-20-45222-22328
Interest Paid -16-19-39-49-53-59-53-62-81-107
Dividend Paid 000-4-40-5-7-8-10
Others 19466967-6270-35-35283
Net Cash Flow 313-11-321116-932238-82

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)29.1635.7723.520.5922.3822.7628.2726.8226.6322.18
ROCE (%)30.6732.7223.9524.0925.1627.2233.8331.9131.6826.16
Asset Turnover Ratio2.172.11.321.281.171.161.531.441.31.18
PAT to CFO Conversion(x)1.131.21-0.10.691.542.50.341.390.50.21
Working Capital Days
Receivable Days34.5047.308095.40118.80105.2068.1064.7063.6069
Inventory Days16.701620.4020.2018.4019.7017.8017.301925.30
Payable Days4359.40122.40128181.90147.5086.2098.40125.80143.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

H.G. Infra Engineering Ltd FAQs

The current trading price of H.G. Infra Engg. on 09-Jun-2026 16:59 is ₹568.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of H.G. Infra Engg. stood at ₹3,703.4 Cr

The latest P/E ratio of H.G. Infra Engg. as of 08-Jun-2026 is 9.52.

The latest P/B ratio of H.G. Infra Engg. as of 08-Jun-2026 is 1.14.

The 52-week high of H.G. Infra Engg. is ₹1,143.7 and the 52-week low is ₹430.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of H.G. Infra Engg. is ₹5,667 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that H.G. Infra Engineering Ltd is a good quality company.

The key valuation ratios of H.G. Infra Engineering Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of H.G. Infra Engineering Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About H.G. Infra Engineering Ltd

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