MoneyWorks4Me

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

₹442.75 -0.20 (-0.05%)

As on 21-Sep'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

₹442.75 -0.20 (-0.05%)

As on 21-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,885 Cr.
Current Price
₹442.8
52-Week Low / High
₹430 / 1,020
TTM EPS
₹28.6
TTM Sales
₹4,853 Cr.
Book Value per Share
₹494.2
P/E Ratio
15.48
Higher than its 5-year historical median
Industry PE
24.4
Price to Book (P/B)
0.90
Lower than its 5-year historical median
Price to Sales (P/S)
0.59
Lower than its 5-year historical median
EV/EBITDA
6.96
Lower than its 5-year historical median
Dividend Yield
0.45%
Profitability Efficiency
Return on Equity (ROE)
10.61%
Outperforms industry median
Return on Capital Employed (ROCE)
12.12%
In line with industry median
Return on Assets (ROA)
3.33%
Operating Profit Margin
19.3%
Net Profit Margin
6.3%
Gross Profit Margin
10.9%
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
-3.77%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-34.74%
Asset Quality
Promoter Holding
71.78%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,156 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

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Weak
Q.1 Is H.G. Infra Engineering Ltd a good quality company?
H.G. Infra Engineering Ltd is a average quality company, based on a somewhat consistent 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 14.94%, 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 -6.5% 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 some of the past ten years indicating its past ten year financial track record is somewhat 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 - -6.7% -22.4% -55.6%

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. - Consolidated

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

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

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

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

mw4me loader

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
Sales1,0561,3932,0142,2172,6103,7514,6225,3785,0565,235
Operating Expenses + 9321,1861,7101,8622,1273,0423,7274,3174,0094,227
Manufacturing Costs4455276347857571,0321,2591,6101,1681,816
Material Costs4095468928931,1861,7922,1442,2632,3731,883
Employee Cost 4176119112111130198289317348
Other Costs 383664727388126155151180
Operating Profit 1242073053554837108951,0621,0471,008
Operating Profit Margin (%) 11.8%14.9%15.1%16.0%18.5%18.9%19.4%19.7%20.7%19.3%
Other Income + 4612147818182532
Exceptional Items 0000000181651
Interest 1940496094118154217265469
Depreciation 26547576848596141144168
Profit Before Tax 83119194231312515665740681455
Tax 3034676475135171201175125
Profit After Tax 5384127167237380493539505330
PAT Margin (%) 5.1%6.1%6.3%7.5%9.1%10.1%10.7%10.0%10.0%6.3%
Adjusted EPS (₹)9.912.919.525.636.358.375.782.677.650.7
Dividend Payout Ratio (%)0%3.90%2.60%0%2.20%1.70%1.70%1.80%2.60%4%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1765416638261,0631,4361,9222,4552,9503,265
Share Capital 18656565656565656565
Reserves 1584765987619971,3711,8572,3902,8843,200
Debt +1573012424046891,0721,6491,1843,6053,682
Long Term Debt63125592135579661,4821,0923,1422,950
Short Term Debt9317618219113210616791463732
Minority Interest00000000016
Trade Payables872793465444154327248361,2711,543
Others Liabilities 1753983725095804527851,1271,0462,410
Total Liabilities 5941,5191,6232,2832,7463,3925,0795,6018,87210,916

Fixed Assets

Net Fixed Assets +2044124624834844516277368822,294
Gross Block2304906157007668141,0441,2461,5153,082
Accumulated Depreciation2578153218283363417510634788
CWIP 190112272141,349740
Investments 00300010101212
Inventories49107116106168184235297451375
Trade Receivables181429615685582635728673671788
Cash Equivalents 48229100115263164270207197254
Others Assets 1113343278831,2491,9563,1363,6645,3106,454
Total Assets 5941,5191,6232,2832,7463,3925,0795,6018,87210,916
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 64-8663671-322-139-311-878250
PBT 83119192234312515665722664404
Adjustment 4491124144173197255375402635
Changes in Working Capital -39-176-192-262-336-916-884-1211-1728-611
Tax Paid -24-41-58-79-78-117-175-197-217-177
Cash Flow From Investing Activity + -114-4469-85-103-66-37817-1,461-1,074
Capex -109-252-129-93-87-57-317-215-1,537-952
Net Investments -8-1981291-22-14-7236-24-218
Others 2496761119510196
Cash Flow From Financing Activity + 62443-78711522935623192,310832
Net Proceeds from Shares 030000000000
Net Proceeds from Borrowing 47114-321273093467565482,561627
Interest Paid -19-39-49-59-95-118-153-217-247-455
Dividend Paid 00-4-40-5-7-8-10-13
Others 346967-6270-35-46672
Net Cash Flow 13-11-321120-954426-288
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)35.7723.521.1622.3825.0630.4229.3824.6118.710.61
ROCE (%)32.7223.9524.4724.3725.6128.4325.3824.5717.1912.12
Asset Turnover Ratio2.051.321.281.141.041.221.091.010.70.53
PAT to CFO Conversion(x)1.21-0.10.520.220.3-0.85-0.28-0.58-1.740.76
Working Capital Days
Receivable Days47.308094.6010788.6059.2053.8047.5048.5050.90
Inventory Days1620.4020.2018.2019.1017.1016.5018.102728.80
Payable Days61.70122.40128181.90147.5086.2098.40125.80162272.80

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H.G. Infra Engineering Ltd FAQs

The current trading price of H.G. Infra Engg. on 21-Sep-2026 16:59 is ₹442.8.

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 20-Sep-2026 the market cap of H.G. Infra Engg. stood at ₹2,885.5 Cr

The latest P/E ratio of H.G. Infra Engg. as of 20-Sep-2026 is 9.88.

The latest P/B ratio of H.G. Infra Engg. as of 20-Sep-2026 is 0.88.

The 52-week high of H.G. Infra Engg. is ₹1,020 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 average 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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