H.G. Infra Engineering
Infrastructure · NSE
↑ 80.9% vs fair value
52W Low
₹430
+13.9% from low
52W High
₹1,275
-61.6% from high
Valuation Gauge
Current Price
₹489
Fair Value
₹2,559
Fair Value Analysis
₹2,559
Based on balance sheet strength analysis and earnings growth potential for Infrastructure sector companies | Sector-cheap: P/E at 4th percentile vs sector peers. | CAUTION: ROCE declining (latest 14.9%) — returns on capital are falling; verify this isn't a value trap.
Balance Sheet Value
55% weight
Growth Valuation
46% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 19.1% is above the Infrastructure sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 1.8x is well within the Infrastructure sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 5.3x trades at a 95% discount to Infrastructure sector median (112x) — attractively valued
Cash Flow
Negative FCF of ₹-2,438 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 10.0% is well below Infrastructure sector average of 42.2%
Dividend
Dividend yield of 0.4% is symbolic — low but positive
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-74.4%
Free cash flow / market cap
Revenue Growth (YoY)
+8.5%
Year-on-year revenue change
Profit Growth (YoY)
+14.6%
Year-on-year PAT change
Operating Cash Flow
₹-878 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹90.6
P/E Ratio
5.3x
P/B Ratio
1x
ROE
19.1%
ROCE
14.4%
Debt / Equity
1.83x
Beta
0.02
Div Yield
0.4%
FCF (Cr)
₹-2,438 Cr
Revenue (Cr)
₹4,800 Cr
EPS Growth 5Y
10%
Mkt Cap (Cr)
₹3,147 Cr
52W High
₹1,275
52W Low
₹429.5
Book Value/Share
₹475.2
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹5.2K Cr | ₹1.0K Cr | 20.0% | ₹392 Cr | ₹60.19 |
| 2025-03-31 | ₹5.1K Cr | ₹1.1K Cr | 21.0% | ₹505 Cr | ₹77.56 |
| 2024-03-31 | ₹5.4K Cr | ₹1.1K Cr | 20.0% | ₹539 Cr | ₹82.64 |
| 2023-03-31 | ₹4.6K Cr | ₹895 Cr | 19.0% | ₹493 Cr | ₹75.68 |
| 2022-03-31 | ₹3.8K Cr | ₹711 Cr | 19.0% | ₹380 Cr | ₹58.31 |
| 2021-03-31 | ₹2.6K Cr | ₹484 Cr | 19.0% | ₹237 Cr | ₹36.31 |
| 2020-03-31 | ₹2.2K Cr | ₹353 Cr | 16.0% | ₹167 Cr | ₹25.57 |
| 2019-03-31 | ₹2.0K Cr | ₹305 Cr | 15.0% | ₹127 Cr | ₹19.54 |
| 2018-03-31 | ₹1.4K Cr | ₹208 Cr | 15.0% | ₹84 Cr | ₹12.93 |
| 2017-03-31 | ₹1.1K Cr | ₹124 Cr | 12.0% | ₹53 Cr | ₹29.64 |
| 2016-03-31 | ₹741 Cr | ₹78 Cr | 11.0% | ₹30 Cr | ₹16.75 |
| 2015-03-31 | ₹365 Cr | ₹44 Cr | 12.0% | ₹9 Cr | ₹6.05 |
| 2014-03-31 | ₹471 Cr | ₹51 Cr | 11.0% | ₹17 Cr | ₹11.26 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Infrastructure| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
KNR Constructions | ₹115 | ₹618.1 | +81.4% | 7.2 | 16.8% | UNDERVALUED |
H.G. Infra Engineering | ₹489 | ₹2,559.4 | +80.9% | 8 | 19.1% | FAIRLY_VALUED |
PNC Infratech | ₹174.3 | ₹553 | +68.5% | 5.6 | 10.8% | FAIRLY_VALUED |
Ashoka Buildcon | ₹112.9 | ₹266.6 | +57.6% | 1.1 | 9.7% | UNDERVALUED |
J.Kumar Infraprojects Limited | ₹456.8 | ₹1,019.7 | +55.2% | 8.8 | 11.7% | UNDERVALUED |
Patel Engineering Limited | ₹25 | ₹54 | +53.8% | 8.6 | 6.8% | UNDERVALUED |
G R Infraprojects | ₹829.5 | ₹1,579.5 | +47.5% | 7.4 | 12.3% | FAIRLY_VALUED |
Dilip Buildcon Limited | ₹403.8 | ₹738.8 | +45.4% | 4.3 | 7.5% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Company Documents
Annual reports, concall transcripts & regulatory filings
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Analyst Note
Today
H.G. Infra Engineering trades at ₹489 against a fair value of ₹2,559.38, presenting an 81% margin of safety, though medium confidence tempers optimism. The stock's attractive valuation (PE of 8.0x, PB of 1.0x) masks deteriorating fundamentals: earnings fell 18.2% year-on-year despite 12.4% revenue growth, negative free cash flow of ₹2,438 Cr signals cash generation concerns, and ROCE at 14.4% is weakening. High leverage (debt-to-equity of 1.83) and a low Piotroski score of 5 indicate financial stress, with technicals also negative as the stock trades below both 50-day and 200-day moving averages. This suits value investors with high risk tolerance willing to bet on infrastructure sector
What is Dalal Street saying?
r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket
No Reddit mentions found yet for HGINFRA.
StockTwits
What traders are saying right now
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Telegram Channels
ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit
No Telegram mentions found yet for HGINFRA.
Search Interest
Google Trends · India · Last 90 days
Trend data not yet available — check back soon.
Technical Pulse
Plain English — no jargon
Trading 42.7% below its 200-day average — stock has been in a steep downtrend.
RSI is 43 — neutral momentum, neither overbought nor oversold.
Below both 20-day and 50-day averages — no short-term recovery signal yet.
Fairly valued but technically weak. No strong reason to buy right now — wait for momentum to improve.
HG Infra Engineering Gets CARE AA Stable Rating Reaffirmed for ₹140.00 Crore Bank Facilities - scanx.trade
H.G. Infra Engineering Ltd Opens 8.46% Higher Amid Mixed Technical Signals - Markets Mojo
HG Infra Engineering Limited Announces Resignation of Chief of Staff Col Satyajeet Ghoshal - scanx.trade
Five Consecutive Losses Push H.G. Infra Engineering Ltd to a New 52-Week Low - Markets Mojo
H.G. Infra Engineering Ltd is Rated Sell - Markets Mojo
H.G. Infra Engineering Announces Senior Management Resignation - scanx.trade
Markets Rally, But H.G. Infra Engineering Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off - Markets Mojo
HG Infra Engineering Announces Voluntary Dissolution of Six Solar Project Subsidiaries - scanx.trade
H.G. Infra Engineering Ltd is Rated Sell - Markets Mojo
HG Infra Engineering - MF Favourites: 9 microcap stocks crash over 50% from their 52-week highs - The Economic Times