H.G. Infra Engineering Limited Stock Price Today (NSE: HGINFRA)

H.G. Infra Engineering Limited

488.70+6.70 (+1.39%)
Market Closed

Fundamental Score

...

H.G. Infra Engineering Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

H.G. Infra Engineering Limited share price today is 488.70, up +1.39% on NSE/BSE as of 7 September 2026. H.G. Infra Engineering Limited (HGINFRA) is a Small-cap company in the Civil Construction sector with a market capitalisation of 3.18K (Cr). The 52-week high for HGINFRA share price is 1049.95 and the 52-week low is 429.50. At a P/E ratio of 17.12x, HGINFRA is currently trading below its industry average P/E of 17.15x. The company has a Return on Equity (ROE) of 10.63% and a debt-to-equity ratio of 1.51.

H.G. Infra Engineering Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
575.75
Low
488.70
Volume
67.7K
Change
-6.85%

H.G. Infra Engineering Limited share price chart: -6.85% return over the past month. 52-week high ₹1049.95, 52-week low ₹429.50.

H.G. Infra Engineering Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
479.35484.00475.00482.0049.86K (Cr)
473.00481.95473.00479.9029.40K (Cr)
481.90483.25470.00471.8091.32K (Cr)
486.15489.95480.35481.8565.51K (Cr)
495.25496.60488.00490.0560.40K (Cr)
502.00504.15495.10496.5052.97K (Cr)
501.95506.15500.25502.1537.94K (Cr)
506.00510.35500.35501.9064.49K (Cr)
512.35512.35500.20502.8549.61K (Cr)
510.00515.35504.55506.6586.37K (Cr)

H.G. Infra Engineering Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
486.15489.95470.00482.00-0.85%
538.55575.75488.00490.05-9.01%
570.65584.00530.60538.55-5.63%
583.65603.90542.70570.65-2.23%
596.80680.00572.50583.65-2.20%
453.40657.50442.00595.00+31.23%
526.20584.40429.50431.50-18.00%
634.50704.95536.00540.45-14.82%
759.85767.85545.50641.75-15.54%
873.95888.90720.20753.90-13.74%
922.25929.00850.00865.25-6.18%
929.05976.45908.35922.30-0.73%

AI Research Briefing

Powered by Gemini · 2026-04-10

HG Infra is an infra play with execution risk and balance sheet concerns.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSENegative momentum: 1M: -6.03%, 3M: -13.19%, 6M: -18.25%Fairly valued at a P/E of 14.02x compared to the industry P/E of 18.93x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

HG Infra secured a railway infrastructure order from Anuppur Thermal Energy (MP) Private Limited on March 11, 2026, which led to a 6.20% increase in its share price. The company also received a letter of award from NHAI for (excluding GST) for a six-lane access-controlled capital region Ring Road project in Odisha. Puneet Gupta, Head - New Energy Verticals, resigned effective March 25, 2026, due to family commitments.

CORE STORY (THE REAL GAME)

HG Infra is a play on the Indian infrastructure build-out, specifically roads and railways. The market narrative is driven by order wins and execution capabilities in a sector benefiting from massive government spending.

Why Now
  • ₹401.33 crore railway order win
  • ₹1,582 crore NHAI project win
  • Strong order book of ₹13,600 crore
Potential Catalysts
  • Further order wins
  • Improvement in debt metrics
  • Successful project execution
Key Risks
  • High debt-to-equity ratio of 1.84
  • Senior management resignation
  • YoY profit decline of -35.37%
Institutional Activity

FII and DII holdings slightly decreased. Promoter holding remains high at 71.78%.

Macro Context

Indian civil engineering market expected to grow at a CAGR of 35.1% from 2026 to 2033.

Order Book / Expansion

Secured a ₹401.33 crore railway infrastructure order from Anuppur Thermal Energy (MP) Private Limited. Won a ₹1,582 crore NHAI project.

Cash Flow Quality

Negative free cash flow over the past 5 years: ₹-3792.49 Cr

3–6 Month Outlook

Focus on execution of existing order book and securing new projects. Monitor debt levels and management stability.

Primary Thesis Risk

Inability to manage debt while executing large projects.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

10.63%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

13.75%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

19.78%

Average operating profit margin over 5 years

Dividend Yield

0.36%

Annual dividend as % of current share price

H.G. Infra Engineering Limited Valuation Check

Average

Price to Earnings (P/E)

17.12x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

17.15x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

71.78%

% shares held by company founders/management

Poor

FII Holding

1.38%

% shares held by foreign institutional investors

Good

DII Holding

10.11%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-145.68%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-25.75%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

15.00%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

6.87%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

4.57%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.51x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.97x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-4.55K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

H.G. Infra Engineering Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HGINFRA across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Strong Operating Margins (19.78%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Consistent Growth Track Record (15.00% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (71.78%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Profit Decline Concern (-145.68%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-25.75%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Stagnant Profit Growth (4.57% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Elevated Debt Levels (D/E: 1.51)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.97x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-4553.64 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

H.G. Infra Engineering Limited vs Civil Construction Peers

Peer Comparison - Civil Construction

Compare H.G. Infra Engineering Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
29.8/100
489
₹3184.91
17.1
Average
10.63%
Average
13.75%
Average
1.5
Average
4.57%
Average
15.00%
Excellent
0.36%
29.2/100
4119
₹520535.11
31.4
Average
14.54%
Average
1.1
Average
6.79%
Good
16.02%
Excellent
1.00%
27.7/100
218
₹47325.78
52.6
Average
9.02%
Poor
10.25%
Average
0.5
Excellent
-1.06%
Poor
5.79%
Good
0.76%
65.1/100
1280
₹27466.20
59.6
Average
28.24%
Excellent
44.81%
Excellent
0.4
Excellent
106.92%
Excellent
29.83%
Excellent
0.19%
55.8/100
90
₹26397.95
35.5
Average
26.20%
Excellent
31.88%
Excellent
0.0
Excellent
26.55%
Excellent
13.54%
Good
0.68%
41.7/100
19
₹24252.69
25.4
Average
4.17%
Poor
5.98%
Poor
1.0
Good
48.65%
Excellent
7.62%
Good
0.77%
32.8/100
1384
₹22154.34
19.5
Average
14.56%
Average
20.67%
Excellent
0.4
Excellent
9.16%
Good
15.95%
Excellent
0.85%
27/100
426
₹13509.65
186.0
Average
0.00%
Poor
22.17%
Excellent
0.8
Good
12.38%
Good
1.08%
51.5/100
250
₹12942.12
16.5
Average
23.79%
Excellent
28.82%
Excellent
0.0
Excellent
22.68%
Excellent
4.55%
Average
1.74%
28.3/100
123
₹12258.63
23.4
Average
9.19%
Poor
7.82%
Poor
0.9
Good
8.77%
Good
11.17%
Good
2.03%
60.8/100
994
₹12201.05
28.3
Average
12.00%
Average
13.58%
Average
0.0
Excellent
21.12%
Excellent
29.60%
Excellent
0.86%

H.G. Infra Engineering Limited PE Ratio History

Historical price-to-earnings ratio for HGINFRA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202577.55₹753.909.7x
FY 202482.64₹1517.2518.4x
FY 202375.68₹847.5511.2x
FY 202258.31₹619.9010.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

H.G. Infra Engineering Limited Dividend History

Annual cash dividends paid by HGINFRA — dividend yield 0.36%

Financial YearDividends Paid (₹ Cr)
FY 20259.78 Cr
FY 20248.15 Cr
FY 20236.52 Cr
FY 20225.21 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

H.G. Infra Engineering Limited Quarterly Performance

Latest quarterly metrics for HGINFRA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-25.75%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-145.68%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

15.00%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

4.57%

Compounded annual net profit growth over 5 years

H.G. Infra Engineering Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HGINFRA — calculated from daily price history

35RSI 14
Neutral — RSI 35

Momentum is balanced — neither overbought nor oversold.

SMA 50
555
▼ Price below SMA 50 — Short-term bearish
SMA 200
642
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
66K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

H.G. Infra Engineering Limited Financial Statements

Annual income statement, balance sheet and cash flow for H.G. Infra Engineering Limited (HGINFRA) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for H.G. Infra Engineering Limited

Loading latest quarterly results...

About HGINFRA (H.G. Infra Engineering Limited)

HG Infra Engineering Ltd is a dynamic force in India's infrastructure development landscape, renowned for its expertise in civil construction. The company operates as a full-servic...e EPC provider, taking projects from concept to completion with a focus on quality and efficiency. HGINFRA specializes in the construction of complex infrastructure, including roads, highways, bridges, and flyovers, using innovative construction techniques and state-of-the-art equipment. They adopt sustainable practices in their construction processes and the company is committed to delivering robust and reliable infrastructure that connects communities and facilitates economic growth. With a forward-thinking approach, HG Infra Engineering Ltd is well-positioned to continue playing a pivotal role in India's infrastructure revolution. HGINFRA has expanded its portfolio to include a diverse range of infrastructure projects beyond roads and highways. The company has successfully ventured into railway construction, metro projects, and solar power plant installations. This diversification underscores their adaptability and technical capabilities in handling projects of varying scales and complexities. Moreover, HGINFRA has a strong presence in the water sector, undertaking projects related to water supply and irrigation. Their involvement in these crucial sectors highlights their commitment to addressing fundamental societal needs. With an emphasis on timely execution and adherence to the highest standards, HG Infra Engineering Ltd consistently delivers projects that contribute to nation-building. HGINFRA adopts a hybrid annuity model, combining engineering, procurement, and construction with long-term maintenance and operational responsibilities. This approach allows them to have a vested interest in the long-term performance of their projects and fosters a culture of accountability. The company's commitment to quality is evident in its rigorous quality control processes and adherence to industry best practices. HG Infra Engineering Ltd invests in its workforce, providing training and development opportunities to ensure a highly skilled and motivated team. By leveraging their expertise, resources, and commitment to excellence, HGINFRA is driving progress and shaping the future of India's infrastructure.

Company Details

Symbol:HGINFRA
Industry:Civil Construction
Sector:Civil Construction

Key Leadership

Mr. Harendra Singh
Executive Chairman & MD
Mr. Rajeev Mishra
CFO & Chief Risk Officer
Ms. Ankita Mehra
Compliance Officer & Company Secretary

HGINFRA Share Price: Frequently Asked Questions

What is the current share price of H.G. Infra Engineering Limited?

H.G. Infra Engineering Limited (HGINFRA) trades at ₹488.70 on NSE and BSE. Market cap ₹3.18K (Cr). Educational data only.

What is the P/E ratio of H.G. Infra Engineering Limited?

H.G. Infra Engineering Limited has a P/E of 17.12x vs industry average 17.15x.

What is the Bull Run score for H.G. Infra Engineering Limited?

H.G. Infra Engineering Limited has a Bull Run score of 29.8/100 based on 25+ financial parameters.

Does H.G. Infra Engineering Limited pay dividends?

H.G. Infra Engineering Limited has a dividend yield of 0.36%. Past dividends don't guarantee future payments.

What is the ROE of H.G. Infra Engineering Limited?

H.G. Infra Engineering Limited has ROE of 10.63%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of H.G. Infra Engineering Limited?

H.G. Infra Engineering Limited has debt-to-equity of 1.51.

Is H.G. Infra Engineering Limited a good investment?

Bull Run gives H.G. Infra Engineering Limited a score of 29.8/100. This is not investment advice — consult a SEBI-registered advisor.