H.G. Infra Engineering Ltd.
•₹ 511.9-0.35%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Working capital cycle has improved - days down from 102 to 29
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 62.2% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.68x)
- Promoter holding has decreased over last 2 years: -2.8pp
- Interest coverage is weak at 2.0x - earnings barely cover interest
- Operating cash flow has been negative in recent years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 1595.20 | 1087.26 | 43212.30 | 1005.52 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | HGINFRA | 518.65 | 18.13 | 3380.10 | 0.39 | -44.52 | -144.85 | 1100.59 | -25.75 | 12.12 | 27.58 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,351 | 955 | 1,365 | 1,708 | 1,528 | 902 | 1,265 | 1,361 | 1,482 | 904 | 1,421 | 1,427 | 1,101 | |
| 1,070 | 734 | 1,136 | 1,376 | 1,216 | 683 | 978 | 1,121 | 1,223 | 698 | 1,112 | 1,189 | 959 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 3 | 4 | 6 | 4 | 4 | 3 | 3 | 2 | 13 | 4 | 9 | 5 |
| Interest | 52 | 59 | 57 | 48 | 57 | 62 | 75 | 71 | 95 | 108 | 129 | 137 | 118 |
| Depreciation | 31 | 35 | 37 | 38 | 35 | 36 | 36 | 37 | 36 | 40 | 44 | 48 | 45 |
| 203 | 129 | 156 | 252 | 225 | 125 | 179 | 151 | 132 | 72 | 139 | 112 | -0 | |
| Tax % | 25.92% | 25.56% | 34.57% | 24.58% | 27.70% | 35.64% | 36.22% | 2.53% | 24.56% | 26.93% | 32.26% | 25.17% | -10865.02% |
| Net Profit | 0 | 0 | 0 | 0 | 163 | 81 | 115 | 147 | 99 | 52 | 94 | 85 | -45 |
| 23 | 15 | 16 | 29 | 25 | 12 | 18 | 23 | 15 | 8 | 14 | 13 | -1 | |
| Equity Capital | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,351
- 1,070
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 52
- Depreciation
- 31
- 203
- Tax %
- 25.92%
- Net Profit
- 0
- 23
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 955
- 734
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 59
- Depreciation
- 35
- 129
- Tax %
- 25.56%
- Net Profit
- 0
- 15
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,365
- 1,136
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 57
- Depreciation
- 37
- 156
- Tax %
- 34.57%
- Net Profit
- 0
- 16
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,708
- 1,376
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 48
- Depreciation
- 38
- 252
- Tax %
- 24.58%
- Net Profit
- 0
- 29
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,528
- 1,216
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 57
- Depreciation
- 35
- 225
- Tax %
- 27.70%
- Net Profit
- 163
- 25
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 902
- 683
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 62
- Depreciation
- 36
- 125
- Tax %
- 35.64%
- Net Profit
- 81
- 12
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,265
- 978
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 75
- Depreciation
- 36
- 179
- Tax %
- 36.22%
- Net Profit
- 115
- 18
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,361
- 1,121
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 71
- Depreciation
- 37
- 151
- Tax %
- 2.53%
- Net Profit
- 147
- 23
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,482
- 1,223
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 95
- Depreciation
- 36
- 132
- Tax %
- 24.56%
- Net Profit
- 99
- 15
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 904
- 698
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 108
- Depreciation
- 40
- 72
- Tax %
- 26.93%
- Net Profit
- 52
- 8
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,421
- 1,112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 129
- Depreciation
- 44
- 139
- Tax %
- 32.26%
- Net Profit
- 94
- 14
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,427
- 1,189
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 137
- Depreciation
- 48
- 112
- Tax %
- 25.17%
- Net Profit
- 85
- 13
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,101
- 959
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 118
- Depreciation
- 45
- -0
- Tax %
- -10865.02%
- Net Profit
- -45
- -1
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 65
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,056 | 1,393 | 2,014 | 2,217 | 2,610 | 3,751 | 4,622 | 5,378 | 5,056 | 5,235 | 4,853 | |
| 932 | 1,186 | 1,710 | 1,862 | 2,127 | 3,042 | 3,727 | 4,317 | 4,009 | 4,227 | 3,959 | |
| Operating Profit | 128 | 213 | 316 | 369 | 491 | 717 | 914 | 1,080 | 1,072 | 1,040 | — |
| OPM % | 12 | 15 | 16 | 17 | 19 | 19 | 20 | 20 | 21 | 20 | — |
| Other Income | 4 | 6 | 12 | 14 | 7 | 8 | 18 | 18 | 25 | 32 | 31 |
| Interest | 19 | 40 | 49 | 60 | 94 | 118 | 154 | 217 | 265 | 469 | 492 |
| Depreciation | 26 | 54 | 75 | 76 | 84 | 85 | 96 | 141 | 144 | 168 | 177 |
| 83 | 119 | 194 | 231 | 312 | 515 | 665 | 740 | 681 | 455 | 323 | |
| Tax % | 36 | 29 | 34 | 28 | 24 | 26 | 26 | 27 | 26 | 27 | 42 |
| Net Profit | 53 | 84 | 127 | 167 | 237 | 380 | 493 | 539 | 505 | 330 | 186 |
| EPS | 10 | 15 | 20 | 26 | 36 | 58 | 76 | 83 | 78 | 51 | — |
| Dividend Payout % | 0 | 4 | 3 | 0 | 2 | 2 | 2 | 2 | 3 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 10 | 13 | 20 | 26 | 36 | 58 | 76 | 83 | 78 | 51 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 10 | 13 | 20 | 26 | 36 | 58 | 76 | 83 | 78 | 51 | — |
Mar 2017
- 1,056
- 932
- Operating Profit
- 128
- OPM %
- 12
- Other Income
- 4
- Interest
- 19
- Depreciation
- 26
- 83
- Tax %
- 36
- Net Profit
- 53
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2018
- 1,393
- 1,186
- Operating Profit
- 213
- OPM %
- 15
- Other Income
- 6
- Interest
- 40
- Depreciation
- 54
- 119
- Tax %
- 29
- Net Profit
- 84
- EPS
- 15
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2019
- 2,014
- 1,710
- Operating Profit
- 316
- OPM %
- 16
- Other Income
- 12
- Interest
- 49
- Depreciation
- 75
- 194
- Tax %
- 34
- Net Profit
- 127
- EPS
- 20
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2020
- 2,217
- 1,862
- Operating Profit
- 369
- OPM %
- 17
- Other Income
- 14
- Interest
- 60
- Depreciation
- 76
- 231
- Tax %
- 28
- Net Profit
- 167
- EPS
- 26
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2021
- 2,610
- 2,127
- Operating Profit
- 491
- OPM %
- 19
- Other Income
- 7
- Interest
- 94
- Depreciation
- 84
- 312
- Tax %
- 24
- Net Profit
- 237
- EPS
- 36
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
Mar 2022
- 3,751
- 3,042
- Operating Profit
- 717
- OPM %
- 19
- Other Income
- 8
- Interest
- 118
- Depreciation
- 85
- 515
- Tax %
- 26
- Net Profit
- 380
- EPS
- 58
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
Mar 2023
- 4,622
- 3,727
- Operating Profit
- 914
- OPM %
- 20
- Other Income
- 18
- Interest
- 154
- Depreciation
- 96
- 665
- Tax %
- 26
- Net Profit
- 493
- EPS
- 76
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
Mar 2024
- 5,378
- 4,317
- Operating Profit
- 1,080
- OPM %
- 20
- Other Income
- 18
- Interest
- 217
- Depreciation
- 141
- 740
- Tax %
- 27
- Net Profit
- 539
- EPS
- 83
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 83
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 83
Mar 2025
- 5,056
- 4,009
- Operating Profit
- 1,072
- OPM %
- 21
- Other Income
- 25
- Interest
- 265
- Depreciation
- 144
- 681
- Tax %
- 26
- Net Profit
- 505
- EPS
- 78
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 78
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 78
Mar 2026
- 5,235
- 4,227
- Operating Profit
- 1,040
- OPM %
- 20
- Other Income
- 32
- Interest
- 469
- Depreciation
- 168
- 455
- Tax %
- 27
- Net Profit
- 330
- EPS
- 51
- Dividend Payout %
- 4
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 51
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 51
TTM
- 4,853
- 3,959
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 492
- Depreciation
- 177
- 323
- Tax %
- 42
- Net Profit
- 186
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 1
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- 1
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 22%
- 5 Years:
- 15%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 25%
- 5 Years:
- 7%
- 3 Years:
- -13%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -2%
- 3 Years:
- -18%
- 1 Year:
- -49%
RETURN ON EQUITY
- 10 Years:
- 24%
- 5 Years:
- 23%
- 3 Years:
- 18%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 18 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
| 158 | 476 | 598 | 761 | 997 | 1,371 | 1,857 | 2,390 | 2,884 | 3,200 | |
| 140 | 279 | 321 | 303 | 132 | 217 | 425 | 140 | 463 | 1,132 | |
| Trade Payables | 87 | 279 | 346 | 544 | 415 | 432 | 724 | 836 | 1,271 | 1,543 |
| 191 | 420 | 292 | 609 | 1,137 | 1,307 | 2,008 | 2,171 | 4,188 | 4,976 | |
| Total Liabilities | 594 | 1,519 | 1,623 | 2,283 | 2,746 | 3,392 | 5,079 | 5,601 | 8,872 | 10,916 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 204 | 412 | 462 | 483 | 484 | 451 | 627 | 736 | 882 | 2,294 | |
| Capital Work in Progress | 1 | 9 | 0 | 11 | 2 | 2 | 72 | 14 | 1,349 | 740 |
| 0 | 0 | 3 | 0 | 0 | 0 | 10 | 10 | 12 | 12 | |
| 49 | 107 | 116 | 106 | 168 | 184 | 235 | 297 | 451 | 375 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 673 | 671 | 788 | |
| Cash & Bank | 48 | 229 | 100 | 115 | 263 | 164 | 270 | 207 | 197 | 254 |
| 292 | 763 | 941 | 1,568 | 1,830 | 2,591 | 3,864 | 3,664 | 5,310 | 6,454 | |
| Total Assets | 594 | 1,519 | 1,623 | 2,283 | 2,746 | 3,392 | 5,079 | 5,601 | 8,872 | 10,916 |
| Total Debt | 204 | 406 | 380 | 516 | 767 | 1,183 | 1,907 | 1,504 | 4,092 | 4,934 |
| Net Working Capital | 36 | 249 | 283 | 493 | 772 | 819 | 1,058 | 1,180 | 1,406 | 422 |
| Contingent Liabilities | 1 | 3 | 3 | 4 | 4 | 3 | 4 | 23 | 133 | 116 |
| Book Value per Share | 97.74 | 82.99 | 101.73 | 126.78 | 163.04 | 220.34 | 294.90 | 376.71 | 452.60 | 500.99 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 204 | 406 | 380 | 516 | 767 | 1,183 | 1,907 | 1,504 | 4,092 | 4,934 |
| Net Working Capital | 36 | 249 | 283 | 493 | 772 | 819 | 1,058 | 1,180 | 1,406 | 422 |
| Contingent Liabilities | 1 | 3 | 3 | 4 | 4 | 3 | 4 | 23 | 133 | 116 |
| Book Value per Share | 97.74 | 82.99 | 101.73 | 126.78 | 163.04 | 220.34 | 294.90 | 376.71 | 452.60 | 500.99 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 18
- 158
- 140
- Trade Payables
- 87
- 191
- Total Liabilities
- 594
- 204
- Capital Work in Progress
- 1
- 0
- 49
- 0
- Cash & Bank
- 48
- 292
- Total Assets
- 594
- Total Debt
- 204
- Net Working Capital
- 36
- Contingent Liabilities
- 1
- Book Value per Share
- 97.74
- Face Value
- 10.00
- Total Debt
- 204
- Net Working Capital
- 36
- Contingent Liabilities
- 1
- Book Value per Share
- 97.74
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 65
- 476
- 279
- Trade Payables
- 279
- 420
- Total Liabilities
- 1,519
- 412
- Capital Work in Progress
- 9
- 0
- 107
- 0
- Cash & Bank
- 229
- 763
- Total Assets
- 1,519
- Total Debt
- 406
- Net Working Capital
- 249
- Contingent Liabilities
- 3
- Book Value per Share
- 82.99
- Face Value
- 10.00
- Total Debt
- 406
- Net Working Capital
- 249
- Contingent Liabilities
- 3
- Book Value per Share
- 82.99
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 65
- 598
- 321
- Trade Payables
- 346
- 292
- Total Liabilities
- 1,623
- 462
- Capital Work in Progress
- 0
- 3
- 116
- 0
- Cash & Bank
- 100
- 941
- Total Assets
- 1,623
- Total Debt
- 380
- Net Working Capital
- 283
- Contingent Liabilities
- 3
- Book Value per Share
- 101.73
- Face Value
- 10.00
- Total Debt
- 380
- Net Working Capital
- 283
- Contingent Liabilities
- 3
- Book Value per Share
- 101.73
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 65
- 761
- 303
- Trade Payables
- 544
- 609
- Total Liabilities
- 2,283
- 483
- Capital Work in Progress
- 11
- 0
- 106
- 0
- Cash & Bank
- 115
- 1,568
- Total Assets
- 2,283
- Total Debt
- 516
- Net Working Capital
- 493
- Contingent Liabilities
- 4
- Book Value per Share
- 126.78
- Face Value
- 10.00
- Total Debt
- 516
- Net Working Capital
- 493
- Contingent Liabilities
- 4
- Book Value per Share
- 126.78
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 65
- 997
- 132
- Trade Payables
- 415
- 1,137
- Total Liabilities
- 2,746
- 484
- Capital Work in Progress
- 2
- 0
- 168
- 0
- Cash & Bank
- 263
- 1,830
- Total Assets
- 2,746
- Total Debt
- 767
- Net Working Capital
- 772
- Contingent Liabilities
- 4
- Book Value per Share
- 163.04
- Face Value
- 10.00
- Total Debt
- 767
- Net Working Capital
- 772
- Contingent Liabilities
- 4
- Book Value per Share
- 163.04
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 65
- 1,371
- 217
- Trade Payables
- 432
- 1,307
- Total Liabilities
- 3,392
- 451
- Capital Work in Progress
- 2
- 0
- 184
- 0
- Cash & Bank
- 164
- 2,591
- Total Assets
- 3,392
- Total Debt
- 1,183
- Net Working Capital
- 819
- Contingent Liabilities
- 3
- Book Value per Share
- 220.34
- Face Value
- 10.00
- Total Debt
- 1,183
- Net Working Capital
- 819
- Contingent Liabilities
- 3
- Book Value per Share
- 220.34
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 65
- 1,857
- 425
- Trade Payables
- 724
- 2,008
- Total Liabilities
- 5,079
- 627
- Capital Work in Progress
- 72
- 10
- 235
- 0
- Cash & Bank
- 270
- 3,864
- Total Assets
- 5,079
- Total Debt
- 1,907
- Net Working Capital
- 1,058
- Contingent Liabilities
- 4
- Book Value per Share
- 294.90
- Face Value
- 10.00
- Total Debt
- 1,907
- Net Working Capital
- 1,058
- Contingent Liabilities
- 4
- Book Value per Share
- 294.90
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 65
- 2,390
- 140
- Trade Payables
- 836
- 2,171
- Total Liabilities
- 5,601
- 736
- Capital Work in Progress
- 14
- 10
- 297
- 673
- Cash & Bank
- 207
- 3,664
- Total Assets
- 5,601
- Total Debt
- 1,504
- Net Working Capital
- 1,180
- Contingent Liabilities
- 23
- Book Value per Share
- 376.71
- Face Value
- 10.00
- Total Debt
- 1,504
- Net Working Capital
- 1,180
- Contingent Liabilities
- 23
- Book Value per Share
- 376.71
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 65
- 2,884
- 463
- Trade Payables
- 1,271
- 4,188
- Total Liabilities
- 8,872
- 882
- Capital Work in Progress
- 1,349
- 12
- 451
- 671
- Cash & Bank
- 197
- 5,310
- Total Assets
- 8,872
- Total Debt
- 4,092
- Net Working Capital
- 1,406
- Contingent Liabilities
- 133
- Book Value per Share
- 452.60
- Face Value
- 10.00
- Total Debt
- 4,092
- Net Working Capital
- 1,406
- Contingent Liabilities
- 133
- Book Value per Share
- 452.60
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 65
- 3,200
- 1,132
- Trade Payables
- 1,543
- 4,976
- Total Liabilities
- 10,916
- 2,294
- Capital Work in Progress
- 740
- 12
- 375
- 788
- Cash & Bank
- 254
- 6,454
- Total Assets
- 10,916
- Total Debt
- 4,934
- Net Working Capital
- 422
- Contingent Liabilities
- 116
- Book Value per Share
- 500.99
- Face Value
- 10.00
- Total Debt
- 4,934
- Net Working Capital
- 422
- Contingent Liabilities
- 116
- Book Value per Share
- 500.99
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 64 | -8 | 66 | 36 | 71 | -322 | -139 | -311 | -878 | 250 | |
| Cash from Investing | -114 | -446 | 9 | -85 | -103 | -66 | -378 | 17 | -1,461 | -1,074 |
| Cash from Financing | 62 | 443 | -78 | 71 | 152 | 293 | 562 | 319 | 2,310 | 832 |
| 13 | -11 | -3 | 21 | 120 | -95 | 44 | 26 | -28 | 8 | |
| Free Cash Flow | 37 | -276 | -50 | -61 | 14 | -370 | -439 | -455 | -2,482 | -708 |
| OCF / Net Profit | 1.21 | -0.09 | 0.51 | 0.21 | 0.30 | -0.85 | -0.28 | -0.58 | -1.74 | 0.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -336 | -744 | -906 | -1,310 | -3,732 | -4,453 |
| OCF / Net Profit | 1.21 | -0.09 | 0.51 | 0.21 | 0.30 | -0.85 | -0.28 | -0.58 | -1.74 | 0.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -336 | -744 | -906 | -1,310 | -3,732 | -4,453 |
Mar 2017
- 64
- Cash from Investing
- -114
- Cash from Financing
- 62
- 13
- Free Cash Flow
- 37
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2018
- -8
- Cash from Investing
- -446
- Cash from Financing
- 443
- -11
- Free Cash Flow
- -276
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- 0
Mar 2019
- 66
- Cash from Investing
- 9
- Cash from Financing
- -78
- -3
- Free Cash Flow
- -50
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 0
Mar 2020
- 36
- Cash from Investing
- -85
- Cash from Financing
- 71
- 21
- Free Cash Flow
- -61
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- 0
Mar 2021
- 71
- Cash from Investing
- -103
- Cash from Financing
- 152
- 120
- Free Cash Flow
- 14
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- -336
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- -336
Mar 2022
- -322
- Cash from Investing
- -66
- Cash from Financing
- 293
- -95
- Free Cash Flow
- -370
- OCF / Net Profit
- -0.85
- Cumulative 5-Year FCF
- -744
- OCF / Net Profit
- -0.85
- Cumulative 5-Year FCF
- -744
Mar 2023
- -139
- Cash from Investing
- -378
- Cash from Financing
- 562
- 44
- Free Cash Flow
- -439
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- -906
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- -906
Mar 2024
- -311
- Cash from Investing
- 17
- Cash from Financing
- 319
- 26
- Free Cash Flow
- -455
- OCF / Net Profit
- -0.58
- Cumulative 5-Year FCF
- -1,310
- OCF / Net Profit
- -0.58
- Cumulative 5-Year FCF
- -1,310
Mar 2025
- -878
- Cash from Investing
- -1,461
- Cash from Financing
- 2,310
- -28
- Free Cash Flow
- -2,482
- OCF / Net Profit
- -1.74
- Cumulative 5-Year FCF
- -3,732
- OCF / Net Profit
- -1.74
- Cumulative 5-Year FCF
- -3,732
Mar 2026
- 250
- Cash from Investing
- -1,074
- Cash from Financing
- 832
- 8
- Free Cash Flow
- -708
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- -4,453
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- -4,453
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 29.64 | 12.93 | 19.54 | 25.57 | 36.31 | 58.31 | 75.68 | 82.64 | 77.56 | 50.69 |
| Book Value (₹) | 97.74 | 82.99 | 101.73 | 126.78 | 163.04 | 220.34 | 294.90 | 376.71 | 452.60 | 500.99 |
| Dividend per Share (₹) | 0.00 | 0.50 | 0.50 | 0.00 | 0.80 | 1.00 | 1.25 | 1.50 | 2.00 | 2.00 |
| Cash EPS (₹) | 14.62 | 21.20 | 31.12 | 37.17 | 49.27 | 71.37 | 90.47 | 104.30 | 99.70 | 76.31 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.11% | 15.27% | 15.69% | 16.65% | 18.80% | 19.12% | 19.77% | 19.74% | 20.71% | 19.25% |
| Net Margin % | 5.06% | 6.05% | 6.32% | 7.51% | 9.07% | 10.13% | 10.67% | 10.01% | 10.00% | 6.30% |
| ROE % | 35.77% | 23.50% | 21.16% | 22.38% | 25.06% | 30.42% | 29.38% | 24.61% | 18.70% | 10.61% |
| ROCE % | 32.72% | 23.95% | 24.47% | 24.37% | 25.61% | 28.43% | 25.38% | 24.57% | 17.19% | 12.12% |
| 10.38% | 7.97% | 8.11% | 8.53% | 9.41% | 12.38% | 11.64% | 10.09% | 6.98% | 3.33% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 47 | 80 | 95 | 107 | 89 | 59 | 54 | 48 | 49 | 51 |
| Inventory Days | 16 | 20 | 20 | 18 | 19 | 17 | 17 | 18 | 27 | 29 |
| Payable Days | 62 | 122 | 128 | 182 | 148 | 86 | 98 | 126 | 162 | 273 |
| 2 | -22 | -13 | -57 | -40 | -10 | -28 | -60 | -87 | -193 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.16x | 0.75x | 0.57x | 0.62x | 0.72x | 0.82x | 0.99x | 0.61x | 1.39x | 1.51x |
| Interest Coverage (x) | 5.42x | 3.96x | 4.96x | 4.86x | 4.31x | 5.37x | 5.32x | 4.41x | 3.57x | 1.97x |
| 1.11x | 1.31x | 1.33x | 1.42x | 1.74x | 1.84x | 1.65x | 1.67x | 1.58x | 1.11x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 42.54% | 31.88% | 44.64% | 10.06% | 17.71% | 43.75% | 23.21% | 16.37% | -5.99% | 3.53% |
| Operating Profit Growth % | 58.76% | 66.39% | 48.56% | 16.82% | 32.88% | 46.24% | 27.34% | 18.19% | -0.73% | -2.96% |
| Net Profit Growth % | 76.98% | 57.75% | 51.12% | 30.84% | 42.04% | 60.59% | 29.77% | 9.20% | -6.16% | -34.74% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.20% | -6.15% | -34.64% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.01x | 13.62x | 8.51x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.41x | 2.33x | 0.86x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.19% | 0.46% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.69x | 10.06x | 7.20x |
Mar 2017
- EPS (₹)
- 29.64
- Book Value (₹)
- 97.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.62
- Operating Margin %
- 12.11%
- Net Margin %
- 5.06%
- ROE %
- 35.77%
- ROCE %
- 32.72%
- 10.38%
- Debtor Days
- 47
- Inventory Days
- 16
- Payable Days
- 62
- 2
- Debt to Equity (x)
- 1.16x
- Interest Coverage (x)
- 5.42x
- 1.11x
- Revenue Growth %
- 42.54%
- Operating Profit Growth %
- 58.76%
- Net Profit Growth %
- 76.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 12.93
- Book Value (₹)
- 82.99
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 21.20
- Operating Margin %
- 15.27%
- Net Margin %
- 6.05%
- ROE %
- 23.50%
- ROCE %
- 23.95%
- 7.97%
- Debtor Days
- 80
- Inventory Days
- 20
- Payable Days
- 122
- -22
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 3.96x
- 1.31x
- Revenue Growth %
- 31.88%
- Operating Profit Growth %
- 66.39%
- Net Profit Growth %
- 57.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 19.54
- Book Value (₹)
- 101.73
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 31.12
- Operating Margin %
- 15.69%
- Net Margin %
- 6.32%
- ROE %
- 21.16%
- ROCE %
- 24.47%
- 8.11%
- Debtor Days
- 95
- Inventory Days
- 20
- Payable Days
- 128
- -13
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 4.96x
- 1.33x
- Revenue Growth %
- 44.64%
- Operating Profit Growth %
- 48.56%
- Net Profit Growth %
- 51.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 25.57
- Book Value (₹)
- 126.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 37.17
- Operating Margin %
- 16.65%
- Net Margin %
- 7.51%
- ROE %
- 22.38%
- ROCE %
- 24.37%
- 8.53%
- Debtor Days
- 107
- Inventory Days
- 18
- Payable Days
- 182
- -57
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 4.86x
- 1.42x
- Revenue Growth %
- 10.06%
- Operating Profit Growth %
- 16.82%
- Net Profit Growth %
- 30.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 36.31
- Book Value (₹)
- 163.04
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 49.27
- Operating Margin %
- 18.80%
- Net Margin %
- 9.07%
- ROE %
- 25.06%
- ROCE %
- 25.61%
- 9.41%
- Debtor Days
- 89
- Inventory Days
- 19
- Payable Days
- 148
- -40
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 4.31x
- 1.74x
- Revenue Growth %
- 17.71%
- Operating Profit Growth %
- 32.88%
- Net Profit Growth %
- 42.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 58.31
- Book Value (₹)
- 220.34
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 71.37
- Operating Margin %
- 19.12%
- Net Margin %
- 10.13%
- ROE %
- 30.42%
- ROCE %
- 28.43%
- 12.38%
- Debtor Days
- 59
- Inventory Days
- 17
- Payable Days
- 86
- -10
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 5.37x
- 1.84x
- Revenue Growth %
- 43.75%
- Operating Profit Growth %
- 46.24%
- Net Profit Growth %
- 60.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 75.68
- Book Value (₹)
- 294.90
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 90.47
- Operating Margin %
- 19.77%
- Net Margin %
- 10.67%
- ROE %
- 29.38%
- ROCE %
- 25.38%
- 11.64%
- Debtor Days
- 54
- Inventory Days
- 17
- Payable Days
- 98
- -28
- Debt to Equity (x)
- 0.99x
- Interest Coverage (x)
- 5.32x
- 1.65x
- Revenue Growth %
- 23.21%
- Operating Profit Growth %
- 27.34%
- Net Profit Growth %
- 29.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 82.64
- Book Value (₹)
- 376.71
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 104.30
- Operating Margin %
- 19.74%
- Net Margin %
- 10.01%
- ROE %
- 24.61%
- ROCE %
- 24.57%
- 10.09%
- Debtor Days
- 48
- Inventory Days
- 18
- Payable Days
- 126
- -60
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 4.41x
- 1.67x
- Revenue Growth %
- 16.37%
- Operating Profit Growth %
- 18.19%
- Net Profit Growth %
- 9.20%
- 9.20%
- P/E (x)
- 11.01x
- P/B (x)
- 2.41x
- Dividend Yield %
- 0.16%
- 6.69x
Mar 2025
- EPS (₹)
- 77.56
- Book Value (₹)
- 452.60
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 99.70
- Operating Margin %
- 20.71%
- Net Margin %
- 10.00%
- ROE %
- 18.70%
- ROCE %
- 17.19%
- 6.98%
- Debtor Days
- 49
- Inventory Days
- 27
- Payable Days
- 162
- -87
- Debt to Equity (x)
- 1.39x
- Interest Coverage (x)
- 3.57x
- 1.58x
- Revenue Growth %
- -5.99%
- Operating Profit Growth %
- -0.73%
- Net Profit Growth %
- -6.16%
- -6.15%
- P/E (x)
- 13.62x
- P/B (x)
- 2.33x
- Dividend Yield %
- 0.19%
- 10.06x
Mar 2026
- EPS (₹)
- 50.69
- Book Value (₹)
- 500.99
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 76.31
- Operating Margin %
- 19.25%
- Net Margin %
- 6.30%
- ROE %
- 10.61%
- ROCE %
- 12.12%
- 3.33%
- Debtor Days
- 51
- Inventory Days
- 29
- Payable Days
- 273
- -193
- Debt to Equity (x)
- 1.51x
- Interest Coverage (x)
- 1.97x
- 1.11x
- Revenue Growth %
- 3.53%
- Operating Profit Growth %
- -2.96%
- Net Profit Growth %
- -34.74%
- -34.64%
- P/E (x)
- 8.51x
- P/B (x)
- 0.86x
- Dividend Yield %
- 0.46%
- 7.20x
Documents
Announcements
- Change in Management
2026-08-19 - H.G. Infra Engineering Limited has informed the Exchange about change in Management
- Shareholders meeting
2026-08-19 - H.G. Infra Engineering Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 19, 2026. Further, the company has submitted the Exchange a copy of Scrutinizers report along with voting results.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026