| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,101 | 1,482 | −25.7% |
| EBITDA | 304 | 260 | +17.0% |
| EBITDA margin | 27.6% | 17.5% | +10.1 pts |
| Profit before tax | −0.2 | 132 | — |
| Net profit | −44.5 | 99.3 | — |
| EPS | −₹6.83 | ₹15.23 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,524 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 95.0 | 95.0 | 87.1 | 115 | 93.5 | ||
| 16.4 | 16.4 | 0.1 | 0.0 | — | ||
| 4,934 | 4,934 | 4,092 | 1,504 | 1,907 | ||
| 7,379 | — | — | — | — | ||
| 4,853 | 5,235 | 5,056 | 5,378 | 4,622 | ||
| — | +3.5% | −6.0% | +16.4% | — | ||
| 1,056 | 1,012 | 1,058 | 1,062 | 895 | ||
| 21.8% | 19.3% | 20.9% | 19.7% | 19.4% | ||
| 879 | 845 | 914 | 921 | 799 | ||
| 186 | 330 | 505 | 539 | 493 | ||
| 3.8% | 6.3% | 10.0% | 10.0% | 10.7% | ||
| ₹28.60 | ₹50.69 | ₹77.56 | ₹82.64 | ₹75.68 | ||
| — | −34.6% | −6.1% | +9.2% | — | ||
| — | 250 | −878 | −311 | −139 | ||
| — | −954 | −1,561 | −233 | −339 | ||
| −704 | −704 | −2,438 | −544 | −478 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,524.1 | |
| - Cash, Equiv & ST Investments | 93.5 | 115.3 | 87.1 | 95.0 | 95.0 | |
| + Minority Interest | — | 0.0 | 0.1 | 16.4 | 16.4 | |
| + Total Debt | 1,906.8 | 1,504.4 | 4,091.9 | 4,933.9 | 4,933.9 | |
| Enterprise Value | — | — | — | — | 7,379.4 | |
| Revenue | 4,622.0 | 5,378.5 | 5,056.2 | 5,234.7 | 4,853.1 | |
| Growth %, YoY | — | +16.4 | -6.0 | +3.5 | — | |
| EBITDA | 895.4 | 1,061.8 | 1,058.2 | 1,012.1 | 1,056.3 | |
| Margin % | 19.37 | 19.74 | 20.93 | 19.33 | 21.76 | |
| EBIT | 799.0 | 920.6 | 913.8 | 844.6 | 879.3 | |
| Net Income | 493.2 | 538.6 | 505.4 | 329.8 | 186.0 | |
| Margin % | 10.67 | 10.01 | 10.00 | 6.30 | 3.83 | |
| EPS, Adj (current shares) | 75.68 | 82.64 | 77.56 | 50.69 | 28.60 | |
| Growth %, YoY | — | +9.2 | -6.1 | -34.6 | — | |
| Cash from Operations | -139.3 | -310.7 | -877.7 | 249.7 | — | |
| Capital Expenditures | -338.8 | -233.5 | -1,560.7 | -954.1 | — | |
| Free Cash Flow | -478.2 | -544.1 | -2,438.3 | -704.3 | -704.3 | |
Prices at the previous close · figures from the company's filings with NSE
H.G. Infra Engineering (NSE: HGINFRA) had a market capitalisation of ₹2,524 crore at the previous close (₹387.30 a share), a PE ratio of 13.5 on the last four quarters' profit and a price-to-book ratio of 0.77. In FY26 its consolidated net profit attributable to shareholders was ₹330 crore on revenue of ₹5,235 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹45.1 crore. Its debt-to-equity ratio was 1.50 on 31 March 2026. Promoters held 71.78% of the shares on 30 September 2026.
H.G. Infra Engineering's PE ratio is 13.5 at the previous close (₹387.30 a share): a market capitalisation of ₹2,524 crore divided by consolidated net profit attributable to shareholders of ₹186 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹330 crore) it is 7.6. These four quarters include net exceptional items of −₹95.7 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
H.G. Infra Engineering's price-to-book (PB) ratio is 0.77 at the previous close: a market capitalisation of ₹2,524 crore divided by shareholders' equity (book value) of ₹3,265 crore on 31 March 2026. That is a book value of ₹500.99 per share against a share price of ₹387.30.
In FY26, H.G. Infra Engineering's return on equity (ROE) was 10.6% and its return on capital employed (ROCE) was 12.6%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.7% and ROCE 17.9%.
H.G. Infra Engineering's market capitalisation was ₹2,524 crore at the previous close: 6.52 crore shares at ₹387.30 each.
No. H.G. Infra Engineering had borrowings of ₹4,934 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.50. Its cash and current investments were ₹254 crore, so its net debt was ₹4,680 crore.
In 2026, H.G. Infra Engineering has declared one dividend: ₹2 with record date 12 August 2026.
H.G. Infra Engineering's debt-to-equity ratio was 1.50 on 31 March 2026: borrowings of ₹4,934 crore against total equity of ₹3,281 crore. A year earlier, on 31 March 2025, it was 1.39.
H.G. Infra Engineering's net worth — shareholders' equity in its consolidated balance sheet — was ₹3,265 crore on 31 March 2026, up 10.7% from ₹2,950 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,524 crore at the previous close.
Promoters held 71.78% of H.G. Infra Engineering on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
H.G. Infra Engineering's book value per share was ₹500.99 on 31 March 2026: shareholders' equity of ₹3,265 crore divided by the 6.52 crore shares in issue, up 10.7% from ₹452.60 a year earlier. The share price at the previous close was ₹387.30.
H.G. Infra Engineering's dividend yield is 0.52% at the previous close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹387.30. They were ₹2 on 12 August 2026.
In FY26, H.G. Infra Engineering generated ₹250 crore of cash from operations and spent ₹954 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹704 crore. In FY25 it was −₹2,438 crore.
H.G. Infra Engineering's basic earnings per share (EPS) were ₹50.61 in FY26, against ₹77.55 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹28.55.
H.G. Infra Engineering's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net loss ₹45.1 crore, against a profit of ₹98.8 crore in Q1 FY26; revenue from operations ₹1,101 crore, down 25.7% year on year.
H.G. Infra Engineering will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
On 30 September 2026, H.G. Infra Engineering's shares were held by promoters 71.78%, foreign portfolio investors (FII/FPI) 1.45%, domestic institutions (DII) 9.74% (including mutual funds at 8.29%) and retail and other non-institutional investors 17.04%. Over the year, FII holding was down 0.87 percentage points from 2.32% and DII holding was down 1.87 percentage points from 11.61%.
In FY26 (April 2025–March 2026), H.G. Infra Engineering's consolidated net profit attributable to shareholders was ₹330 crore, down 34.6% from ₹505 crore in FY25, on revenue from operations of ₹5,235 crore (up 3.5%). Over three years, from FY23, net profit was down 33.0%.
In FY26, H.G. Infra Engineering earned net profit attributable to shareholders of ₹330 crore on revenue of ₹5,235 crore, against ₹437 crore on ₹2,698 crore for KNR Constructions. H.G. Infra Engineering's operating margin was 16.1% (KNR Constructions 24.2%) and its return on equity 10.6% (KNR Constructions 9.2%).
On FY26 consolidated figures, against KNR Constructions, PNC Infratech and Hindustan Construction: H.G. Infra Engineering's operating margin of 16.1% is the third highest of the four (KNR Constructions 24.2%, PNC Infratech 18.9%, Hindustan Construction 13.5%; peer average 18.9%); its return on equity of 10.6% is the third highest of the four (KNR Constructions 9.2%, PNC Infratech 13.0%, Hindustan Construction 10.9%; peer average 11.0%); its revenue growth over three years of 4.2% a year is the highest of the four (KNR Constructions −12.8% a year, PNC Infratech −12.3% a year, Hindustan Construction −26.2% a year; peer average −17.1% a year).
From H.G. Infra Engineering's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.