| 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
- ₹415.45
- Market cap
- ₹2,708 Cr
- Revenue (annual)
- ₹5,235 Cr
- Net profit (annual)
- ₹330.4 Cr
- P/E (TTM)
- 12.7×Sector 33.5×
- Promoter holding
- 71.78%+0.00% QoQ
- FII holding
- 1.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from HG Infra Engineering Ltd
All →HG Infra Engineering Earnings Call Transcript: Key Takeaways
Consolidated Q2 PAT rose to ₹80 Cr, but standalone PAT halved and H1 consolidated PAT fell to ₹35 Cr. H2 needs ~₹4,200 Cr revenue, a steep ramp from H1's ₹1,790 Cr standalone.
HG Infra Engineering Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs 9,736 Mn (+7.6%), EBITDA Rs 2,495 Mn (25.6% margin), PAT Rs 798 Mn (+53.9%). Standalone revenue fell 23.4%. Order book Rs 1,36,849 Mn.
HG Infra Engineering Q2 FY27 Results: Net Profit ₹79.8 Cr, Up 54.1% YoY
HG Infra Engineering Ltd reported revenue from operations of ₹973.6 Cr (+7.6% YoY) and net profit of ₹79.8 Cr (+54.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹79.8 Cr · +54.1% YoY
HG Infra Engineering Board Meeting Date
H.G. Infra Engineering schedules a 3 November 2026 board meeting to approve quarter and half-year results. The trading window has been closed since October 1, 2026.
HG Infra Engineering Other Announcement
The company has filed its quarterly shareholding pattern for the period ended September 30, 2026. This submission is made in compliance with SEBI Regulation 31.
HG Infra Engineering Merger & Restructuring Worth ₹0.01 Cr
H.G. Infra Engineering incorporated a subsidiary, 'H.G. Talent Edge Foundation ITI Bhiwadi', as a Section 8 (not-for-profit) company to support a government skilling project.
- Value
- ₹0.01 Cr