HG Infra Engineering Ltd Stock Price Today (NSE: HGINFRA)

HG Infra Engineering Ltd

564.25+15.60 (+2.84%)
Market Closed

Fundamental Score

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HG Infra Engineering Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

HG Infra Engineering Ltd share price today is 564.25, up +2.84% on NSE/BSE as of 8 June 2026. HG Infra Engineering Ltd (HGINFRA) is a Mid-cap company in the Civil Construction sector with a market capitalisation of 5.65K (Cr). The 52-week high for HGINFRA share price is 1143.40 and the 52-week low is 429.50. At a P/E ratio of 14.02x, HGINFRA is currently trading below its industry average P/E of 18.93x. The company has a Return on Equity (ROE) of 18.28% and a debt-to-equity ratio of 1.84.

HG Infra Engineering Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
680.00
Low
564.25
Volume
1.9L
Change
-1.35%

HG Infra Engineering Ltd share price chart: -1.35% return over the past month. 52-week high ₹1143.40, 52-week low ₹429.50.

HG Infra Engineering Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
572.75583.55561.20575.601.38L (Cr)
583.65583.70570.00572.0593.53K (Cr)
602.60607.95577.35583.652.13L (Cr)
605.55605.55605.55605.550.00 (Cr)
602.55609.00598.65605.551.12L (Cr)
600.35607.00593.00596.2571.74K (Cr)
599.85608.80598.00602.851.02L (Cr)
603.30612.00590.55599.151.08L (Cr)
583.00611.15572.50603.352.88L (Cr)
594.00599.95586.05594.7549.29K (Cr)

HG Infra Engineering Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
583.65583.70561.20575.60-1.38%
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%
971.301049.95925.95929.80-4.27%
1035.101043.90957.50971.30-6.16%
1084.101143.001035.501038.50-4.21%

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

Good

Return on Equity (ROE)

18.28%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

16.76%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

19.67%

Average operating profit margin over 5 years

Dividend Yield

0.23%

Annual dividend as % of current share price

HG Infra Engineering Ltd Valuation Check

Good

Price to Earnings (P/E)

14.02x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

18.93x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

71.78%

% shares held by company founders/management

Poor

FII Holding

2.32%

% shares held by foreign institutional investors

Good

DII Holding

11.61%

% 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)

-35.37%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

0.23%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.93%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

24.23%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

24.23%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.84x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.49x

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

Free Cash Flow (5-Year Total)

-3.79K (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

HG Infra Engineering Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

9 factors identified

Strong Return on Equity (18.28%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (16.76%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (19.67%)

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

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

Attractive Valuation (P/E: 14.02 vs Industry: 18.93)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (17.93% CAGR)

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

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

Excellent EPS Growth (24.23% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (24.23% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business 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

4 factors identified

Profit Decline Concern (-35.37%)

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

Analysis: Declining profitability requires investigation into underlying causes.

Elevated Debt Levels (D/E: 1.84)

Observation: High leverage increases financial risk and interest burden.

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

Weak Interest Coverage (2.49x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-3792.49 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

HG Infra Engineering Ltd vs Civil Construction Peers

Peer Comparison - Civil Construction

Compare HG Infra Engineering Ltd 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
44.7/100
564
₹5645.77
14.0
Average
18.28%
Good
16.76%
Good
1.8
Average
24.23%
Excellent
17.93%
Excellent
0.23%
35.9/100
4048
₹560453.09
34.9
Average
16.55%
Good
14.49%
Average
1.3
Average
9.73%
Good
11.95%
Good
0.83%
34.9/100
252
₹67085.37
59.1
Average
14.01%
Average
14.72%
Average
0.5
Good
11.11%
Good
6.52%
Good
0.53%
60.3/100
99
₹31859.97
47.7
Average
25.54%
Excellent
33.17%
Excellent
0.0
Excellent
51.02%
Excellent
8.28%
Good
0.57%
24.4/100
22
₹26046.27
29.8
Average
5.91%
Poor
7.82%
Poor
1.0
Average
7.82%
Good
2.13%
Average
0.70%
29.9/100
1274
₹20171.65
24.6
Average
9.96%
Poor
15.95%
Good
0.7
Good
8.45%
Good
11.98%
Good
0.76%
48.5/100
503
₹18483.64
27.1
Average
12.02%
Average
17.98%
Good
0.9
Good
0.06%
Average
12.80%
Good
0.79%
14.1/100
318
₹15033.09
29.9
Average
11.06%
Average
19.59%
Good
0.7
Good
14.18%
Good
4.78%
Average
0.61%
30.2/100
140
₹14995.61
25.0
Average
11.33%
Average
11.60%
Average
0.8
Good
8.27%
Good
14.82%
Good
1.66%
60.7/100
993
₹14797.54
33.2
Average
21.78%
Excellent
27.64%
Excellent
0.5
Excellent
37.51%
Excellent
26.03%
Excellent
0.23%
66.3/100
1073
₹13872.92
31.1
Average
12.81%
Average
16.54%
Good
0.0
Excellent
18.85%
Excellent
21.09%
Excellent
0.75%

HG Infra Engineering Ltd 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.

HG Infra Engineering Ltd Dividend History

Annual cash dividends paid by HGINFRA — dividend yield 0.23%

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.

HG Infra Engineering Ltd Quarterly Performance

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

Revenue Growth (YoY)

0.23%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-35.37%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.93%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

24.23%

Compounded annual net profit growth over 5 years

HG Infra Engineering Ltd Technical Indicators

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

36RSI 14
Neutral — RSI 36

Momentum is balanced — neither overbought nor oversold.

SMA 50
564
▼ Price below SMA 50 — Short-term bearish
SMA 200
760
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
540K shares/day
Average daily traded volume over last 30 trading sessions

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

HG Infra Engineering Ltd Financial Statements

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

Loading Financial Statements...

Fetching financial data for HG Infra Engineering Ltd

About HGINFRA (HG Infra Engineering Ltd)

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 HG Infra Engineering Ltd?

HG Infra Engineering Ltd (HGINFRA) trades at ₹564.25 on NSE and BSE. Market cap ₹5.65K (Cr). Educational data only.

What is the P/E ratio of HG Infra Engineering Ltd?

HG Infra Engineering Ltd has a P/E of 14.02x vs industry average 18.93x.

What is the Bull Run score for HG Infra Engineering Ltd?

HG Infra Engineering Ltd has a Bull Run score of 44.7/100 based on 25+ financial parameters.

Does HG Infra Engineering Ltd pay dividends?

HG Infra Engineering Ltd has a dividend yield of 0.23%. Past dividends don't guarantee future payments.

What is the ROE of HG Infra Engineering Ltd?

HG Infra Engineering Ltd has ROE of 18.28%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of HG Infra Engineering Ltd?

HG Infra Engineering Ltd has debt-to-equity of 1.84.

Is HG Infra Engineering Ltd a good investment?

Bull Run gives HG Infra Engineering Ltd a score of 44.7/100. This is not investment advice — consult a SEBI-registered advisor.