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H.G. Infra Engineering (HGINFRA) had a P/E of 14.0× on 6 Nov 2026, below the industry P/E of 16.4×, and the shares are 56% below their 52-week high. Sales grew 3.4% a year over 3 years while net profit fell 12%; its ROCE of 14% is the second-lowest among the 7 largest Engineering & Construction peers. Debt is 1.52× equity, and its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹2,610 Cr, ranked 38th of 156 Engineering & Construction companies by market cap; the shares fell 56% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹400.10
Day high
₹403.00
Day low
₹392.25
Prev. close
₹402.10
Volume
90.2K

Health check

1 fair · 5 to check
  • ReturnsBehind

    −55.6% over a year, better than 0 of 7 peers.

  • Price tagIn line

    P/E 14.0 vs industry 16.4.

  • GrowthSlow

    Sales +3.4%, profit −12.5% a year over 3 years.

  • ProfitabilityWeak

    ROCE 13.6% vs peer median 19.9%.

  • Balance sheetStretched

    Debt 1.52× equity, interest covered 2.1×, Piotroski 4 of 9.

  • Red flags5 to check

    Return on equity is low at 6.7%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹2,610 Cr, #38 of 156 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹4,936 Cr · profit ₹213 Cr
Market cap
₹2,610 Cr
Small cap
P/E
14.0
Industry 16.4
Price to book
0.79
Peers 4.92
Dividend yield
0.50%
ROE
6.7%
Peers 17.9%
ROCE
13.6%
Peers 19.9%
Debt to equity
1.52
Debt ₹5,012 Cr
EPS (TTM)
₹28.55
Face value ₹10
OPM (TTM)
18.8%
Net margin 4.3%
Sales growth
−25.7%
Latest quarter vs a year ago
Profit growth
−145.7%
Latest quarter vs a year ago
Price to sales
0.53
EV/EBITDA 6.7

Strengths and risks

Risks to check

  • Return on equity is low at 6.7%.
  • Debt is 1.52× equity.
  • Quarterly profit down 145.7% on a year ago.
  • Quarterly sales down 25.7% on a year ago.
  • 56% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About H.G. Infra Engineering

H.G. Infra Engineering Limited, together with its subsidiaries, engages in the provision of engineering, procurement, and construction (EPC) services in India. It operates through two segments, Construction and Renewable segments. The company provides EPC services on a turnkey basis and hybrid annuity model for civil construction and related infrastructure projects. It also undertakes projects under the hybrid annuity model, including transportation,…

Headquarters
Jaipur
Employees
5,077
Sector
Industrials
ISIN
INE926X01010
Website
hginfra.com

Price range

52 weeks

₹373.75₹916.30

Today

₹392.25₹403.00
Avg volume (3M)
3.9 L
1-year return
minus 55.6%
From 52-week high
minus 56.3%

Analyst consensus

10 analysts
BuyMean target ₹769.90 plus 92.2%

Target range, with today’s price

Low ₹535.00High ₹1,300.00

Today’s price ₹400.55 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
LTLarsen & Toubro4,117.70plus 1.67%5,66,54931.719.614.6%9.6%1.0516.1%plus 3.2%
RVNLRail Vikas Nigam193.34minus 0.18%40,31244.956.911.0%4.3%0.490.2%minus 40.5%
CEMPROCemindia Projects1,323.30plus 2.79%24,40536.424.237.1%10.4%0.3525.5%plus 49.2%
KPILKalpataru Projects International1,370.80minus 0.04%23,41019.710.119.9%8.3%0.4618.4%plus 4.3%
NBCCNBCC (India)78.00minus 2.90%21,06026.519.834.3%6.1%0.0012.9%minus 29.5%
ENGINERSINEngineers India292.70minus 1.94%16,45118.321.528.1%21.2%0.005.7%plus 51.1%
WABAGVA Tech Wabag1,988.20plus 6.57%12,43429.420.816.3%10.9%0.099.9%plus 33.2%
HGINFRAH.G. Infra Engineering400.55minus 0.39%2,61014.010.013.6%21.8%1.533.4%minus 55.6%
Median of 7 peers–−0.04%23,41029.420.819.9%9.6%0.3512.9%4.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
1,4829051,4211,4271,101
1,2126981,1121,189938
271206309237162
18.3%22.8%21.7%16.6%14.7%
2.2133.59147
94.5108129137118
35.64044.147.845
−11––51−147
13271.1139113−0.4
24.6%27.1%32.3%25.1%−10865.0%
98.852.294.385.1−45.1
15.237.9514.4412.99-6.83

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+3.4%
Profit CAGR 3Y
−12.5%
EPS CAGR 3Y
−12.5%
ROE
6.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,4665,1254,8014,943
–+14.7%minus 6.3%+3.0%
3,7064,2163,9694,186
760909832757
17.0%17.7%17.3%15.3%
121164218251
121178235424
96.4141144168
0.3−14.210.337.8
665740681455
25.8%27.2%25.8%27.5%
493539505330
–+9.2%minus 6.1%minus 34.6%
75.6882.6477.5650.69

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
65.265.265.265.2
1,8572,3902,8843,200
1,9101,5134,1705,029
1,0951,4661,6532,607
4,9275,4348,77310,901
7007502,2293,033
74.615.81,350742
1,5831,5642,2712,219
93.512010398.8
2,4752,9842,8204,808
4,9275,4348,77310,901

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−139−311−878250
−37817−1,461−1,074
5623192,310832
44.225.6−28.28.2
−339−233−1,561−954
−478−544−2,438−704
−6.5−8.1−9.8−13

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 10.3% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you