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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

₹523.80 -2.05 (-0.39%)

As on 14-Aug'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

₹523.80 -2.05 (-0.39%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,414 Cr.
Current Price
₹523.8
52-Week Low / High
₹430 / 1,050
TTM EPS
₹44.8
TTM Sales
₹4,865 Cr.
Book Value per Share
₹504.4
P/E Ratio
11.69
Lower than its 5-year historical median
Industry PE
28.3
Price to Book (P/B)
1.04
Lower than its 5-year historical median
Price to Sales (P/S)
0.70
Lower than its 5-year historical median
EV/EBITDA
8.13
In line with its 5-year historical median
Dividend Yield
0.38%
Profitability Efficiency
Return on Equity (ROE)
12.67%
Outperforms industry median
Return on Capital Employed (ROCE)
15.77%
Outperforms industry median
Return on Assets (ROA)
5.86%
Operating Profit Margin
12.9%
Net Profit Margin
6.87%
Gross Profit Margin
10.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-6.36%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-22.42%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-32.57%
Asset Quality
Promoter Holding
71.78%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,222 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

Weak
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 17.45%, 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 -1.36% 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 32.7%24%24.1%25.2%27.2%33.8%31.9%31.7%26.2%15.8%-
Value Creation
Index
1.30.70.70.80.91.41.31.40.90.1-

Growth Parameters

Sales 1,0561,3932,0102,1962,5353,6154,4195,1226,0525,6674,865
Sales YoY Gr.-31.9%44.3%9.3%15.4%42.6%22.2%15.9%18.2%-6.4%-
Adj EPS 9.9131925.532.552.164.772.482.452.344.8
YoY Gr.-31.4%45.5%34.6%27.4%60.3%24.2%12%13.8%-36.5%-
BVPS (₹) 32.683101.2126.1158.4209.4272.9355.8442.7500.1504.4
Adj Net
Profit
53.684.9124166212339421472537341292
Cash Flow from Ops. 64.4-7.886.1255527114587271120253-
Debt/CF from Ops. 3.2-52.24.41.40.62.80.91.78.96.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.5%17.5%8.7%-6.4%
Adj EPS 20.3%10%-6.8%-36.5%
BVPS35.5%25.9%22.4%13%
Share Price - -1.4% -18.4% -45.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
35.923.720.622.522.828.326.82320.611.18.9
Op. Profit
Mgn %
11.814.915.115.616.516.216.116.115.512.911.8
Net Profit
Mgn %
5.16.16.27.68.49.49.59.28.966
Debt to
Equity
1.20.80.60.50.30.20.30.20.40.5-
Working Cap
Days
108159173205192138145164193268145
Cash Conv.
Cycle
3745495043352516192327

Valuation of H.G. Infra Engg. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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

data not found
No data found!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,0561,3932,0102,1962,5353,6154,4195,1226,0525,667
Operating Expenses + 9321,1861,7071,8542,1173,0313,7084,3005,1124,938
Manufacturing Costs4455276347857571,0321,2561,6081,9492,186
Material Costs4095468928931,1861,7922,1442,2632,6812,243
Employee Cost 4176119111109128196288329353
Other Costs 383661656479112140153155
Operating Profit 124207303342418584710822940729
Operating Profit Margin (%) 11.8%14.9%15.1%15.6%16.5%16.2%16.1%16.0%15.5%12.9%
Other Income + 4612148818132633
Exceptional Items 00000001075771
Interest 1940495260536381116178
Depreciation 26547576848596141144136
Profit Before Tax 83119190228282455569719763519
Tax 3034676271116147174186129
Profit After Tax 5384124166211339421545577389
PAT Margin (%) 5.1%6.1%6.2%7.6%8.3%9.4%9.5%10.7%9.5%6.9%
Adjusted EPS (₹)9.912.919.025.432.452.064.783.788.659.7
Dividend Payout Ratio (%)0%3.90%2.60%0%2.50%1.90%1.90%1.80%2.30%3.40%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1765416598221,0321,3641,7782,3182,8853,259
Share Capital 18656565656565656565
Reserves 1584765947569671,2991,7132,2532,8203,194
Debt +157301242255227266309241699795
Long Term Debt6312559649416023615023763
Short Term Debt931761821911321067391463732
Minority Interest0000000000
Trade Payables872793465444154327248361,2711,633
Others Liabilities 1753983715135694178338621,1301,614
Total Liabilities 5951,5191,6182,1332,2422,4793,6454,2575,9867,302

Fixed Assets

Net Fixed Assets +204412462482483450627736683592
Gross Block2304906157007668131,0431,2461,3161,348
Accumulated Depreciation2578153218283363417510633756
CWIP 190112272430
Investments 0020912613557456281,3691,812
Inventories49107116106168184235297543425
Trade Receivables1814296218086536958719141,3741,710
Cash Equivalents 48229100114258158179199134129
Others Assets 1113342985214166359161,4791,8802,634
Total Assets 5951,5191,6182,1332,2422,4793,6454,2575,9867,302
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 64-886255527114587271120253
PBT 83119190228282455569612706447
Adjustment 4491124136138132169245257318
Changes in Working Capital -39-176-170-36175-3636-394-629-361
Tax Paid -24-41-58-73-69-110-157-193-215-151
Cash Flow From Investing Activity + -114-446-11-162-270-173-683-87-696-636
Capex -109-252-128-93-87-57-318-205-70-36
Net Investments -8-1981291-22-10016-231
Others 24-12-70-161-106-365102-602-602
Cash Flow From Financing Activity + 62443-78-72-141-34117-146494374
Net Proceeds from Shares 030000000000
Net Proceeds from Borrowing 35114-32-22-20-45222-22328-196
Interest Paid -19-39-49-53-59-53-62-81-107-165
Dividend Paid 00-4-40-5-7-8-10-13
Others 466967-6270-35-35283748
Net Cash Flow 13-11-321116-932238-82-9
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)35.7723.520.5922.3822.7628.2726.8226.6322.1812.67
ROCE (%)32.7223.9524.0925.1627.2233.8331.9131.6826.1615.77
Asset Turnover Ratio2.11.321.281.171.161.531.441.31.180.85
PAT to CFO Conversion(x)1.21-0.10.691.542.50.341.390.50.210.65
Working Capital Days
Receivable Days47.308095.40118.80105.2068.1064.7063.606999.30
Inventory Days1620.4020.2018.4019.7017.8017.301925.3031.20
Payable Days59.40122.40128181.90147.5086.2098.40125.80143.40236.30

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H.G. Infra Engineering Ltd FAQs

The current trading price of H.G. Infra Engg. on 14-Aug-2026 16:59 is ₹523.8.

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 13-Aug-2026 the market cap of H.G. Infra Engg. stood at ₹3,413.7 Cr

The latest P/E ratio of H.G. Infra Engg. as of 13-Aug-2026 is 11.69.

The latest P/B ratio of H.G. Infra Engg. as of 13-Aug-2026 is 1.04.

The 52-week high of H.G. Infra Engg. is ₹1,050.4 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 ₹4,865 ( 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 Weak which suggest that the price of H.G. Infra Engineering Ltd is likely to Fall 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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