H.G. Infta Engineering Stock Analysis

HG Infra Engineering Limited is a leading Indian company that builds and develops infrastructure, especially roads, highways, bridges, and metro and railway projects. Founded in 2003 and based in Jaipur, Rajasthan, the company has grown rapidly over the past two decades, becoming one of the country’s fastest-growing construction firms. HG Infra works on both government and private projects, providing Engineering, Procurement, and Construction (EPC) services as well as projects under the Hybrid Annuity Model (HAM). The company has completed many important projects across several Indian states and works with major clients like NHAI, MoRTH, Indian Railways, and private sector leaders such as Adani and Tata Projects.

Company Insights
The company has a market capitalization of 6,954 crores
The share price of the company is 1,067
The book value of the company is 453
The company's debt-to-equity ratio is 1.41
The company's annual dividend yield is 0.14%
The company's stock P/E is 14.1
The earnings per share are 77.6
The company's ROCE is 16.8%

Financial Report
The company's sales in the last 5 years
Sales in 2021 is 2,610 crores
Sales in 2022 is 3,751 crores
Sales in 2023 is 4,622 crores
Sales in 2024 is 5,378 crores
Sales in 2025 is 5,056 crores

The company's profit in the last 5 years
Profit in 2021 is 237 crores
Profit in 2022 is 380 crores
Profit in 2023 is 493 crores
Profit in 2024 is 539 crores
Profit in 2025 is 505 crores

Sales & Profit Growth
The company's sales growth in the last 5 years
Sales growth in the last 5 years is 17.9%
Sales growth in the last 3 years is 10.5%
Sales growth in the last 1 year is -5.99%

The company's profit growth in the last 5 years
Profit growth in the last 5 years is 24.2%
Profit growth in the last 3 years is 9.04%
Profit growth in the last 1 year is -6.29%

Holdings
Promoters are 71.78%
FIIs are 2.87%
DIIs are 12.02%
Public are 13.33%

Company News

• HG Infra Engineering Limited has recently emerged as the lowest bidder for a significant contract worth approximately Rs 118 crore awarded by the Military Engineer Services for the development of an Integrated Material Handling Facility at the Naval Dockyard in Mumbai. This contract, with a 30-month completion timeline, marks a strategic win for the company in the defense infrastructure segment and has positively impacted its share price, which rose over 4% following the announcement.

• In addition to this, HG Infra continues to strengthen its order book with new projects across Maharashtra and other states, reflecting robust demand in the infrastructure sector. The company’s bid for a major road project valued at Rs 763 crore under the Ministry of Road Transport and Highways (MoRTH) is also underway, aiming for completion within two years.

• Despite a slight decline in net profit and revenue for the quarter ended March 2025, HG Infra remains optimistic about future growth. Leading brokerage firms like Axis Securities and Geojit Financial Services have issued strong buy recommendations on the stock, setting target prices between Rs 1,200 and Rs 1,440, citing the company’s expanding project portfolio and favorable industry outlook.

• HG Infra is also advancing its sustainability agenda through large-scale solar and battery energy storage system (BESS) projects, aligning with India’s green energy goals. The company’s commitment to quality execution and timely delivery continues to position it as a trusted player in India’s infrastructure development landscape.

• The company has scheduled a Board of Directors meeting on July 14, 2025, to discuss further strategic initiatives and financial results, signaling continued momentum in its growth trajectory.

Technical Analysis

Company Chart

Moving Averages (MA)

• The stock price is near the 50-MA, which shows that there is no clear indication if the stock price will go up or down.

• The stock price is under the 200-MA, which indicates that the stock is in down trend.

Relative Strength Index (RSI)

Currently, the RSI of the company is 49, which indicates that the stock is neither in the overbought nor in the oversold zone.

My Analysis

HG Infra Engineering Limited is showing strong growth, with its income increasing steadily over the past few years. The company has a healthy profit margin of around 16% and keeps its debt levels low, which means it manages its finances well and can cover its loans easily. HG Infra’s business is growing because it keeps getting new projects, especially in roads and renewable energy. However, the company’s work requires a lot of money to keep running, and it faces tough competition and some risks with its ongoing projects. Overall, HG Infra is financially stable, has a good track record of completing projects, and is expected to keep growing in the future, but it needs to manage its funding needs and project risks carefully