| Management target | Revenue 10.0% FY28 |
|---|
| Revenue growth | Revenue declined 33% YoY to ₹907 Cr due to execution headwinds. |
|---|---|
| Margins | Margins bottomed at 8.5%; target normalized levels of 13.5-14% by H2. |
| Order book | Robust order book of ₹14,502 Cr, roughly 2.4x trailing revenue. |
| Demand visibility | Strong bid pipeline of ₹26,000 Cr across highways and rail segments. |
| Management confidence | Defensive regarding Q1 results but overly optimistic about H2 recovery targets. |
Growth
Revenue fell to ₹907 Cr from ₹1,351 Cr YoY; EBITDA margins collapsed to 8.5% due to under-absorption of costs.
Outlook
Management maintains a steep ₹6,000-6,500 Cr revenue guidance for FY27, requiring aggressive second-half acceleration.
Risks
Execution delays in newly awarded projects (Pune-Shirur, Odisha) and persistent solar segment R-o-W issues threaten the annual target.
Earnings Call Transcript filed with BSE, NSE: HGINFRA. Summary written with AI assistance from the document.
HG Infra Engineering Ltd: key numbers
- Share price
- ₹453.10
- Market cap
- ₹2,953 Cr
- Revenue (annual)
- ₹5,235 Cr
- Net profit (annual)
- ₹330.4 Cr
- P/E (TTM)
- 15.8×Sector 33.0×
- Promoter holding
- 71.78%+0.00% QoQ
- FII holding
- 1.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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- Value
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HGINFRA received a completion certificate from NHAI for its 6-lane road project in Delhi. The project was declared fit for commercial operation in February 2025.
HG Infra Engineering Legal & Regulatory
H.G. Infra Engineering received a show cause notice from Karnataka GST authorities alleging a tax liability of ₹94.00 Crore. The company disputes the claims.
- Value
- ₹94.00 Cr
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- Value
- ₹140.0 Cr
HG Infra Engineering Investor Presentation: Key Takeaways
H.G. Infra Engineering reported a sharp decline in Q1FY27 standalone performance with Revenue down 46.9% and PAT down 77.5% YoY. The company is diversifying into BESS, Solar, and Transmission.
HG Infra Engineering Q1 FY27 Results: Net Loss of ₹44.5 Cr
HG Infra Engineering Ltd reported revenue from operations of ₹1,101 Cr (-25.7% YoY) and a net loss of ₹44.5 Cr for Q1 FY27.
- Key figure
- Net loss ₹44.5 Cr