HI

H.G. Infra Engineering Ltd

Q1 FY27Construction

H.G. Infra Engineering Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹444
Market cap₹2.9K Cr
P/E11.1
Updated24 Sept 2026
Read4 min read

What the Q1 FY27 call signalled

2 of 4 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned

The short version

For FY27, H.G. The company expects a recovery and growth in execution momentum in the second half of FY27, especially post-monsoon, leading to improved operational and financial performance.

From H.G. Infra Engineering Ltd's Q1 FY27 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Moderate growth
  • For FY27, H.G. Infra is hopeful to achieve revenue between INR 6,000 crores to INR 6,500 crores, targeting to match or exceed FY25's INR 6,100+ crores despite a slow Q1.
  • In FY28, with the current orders in hand, revenue is expected to grow to around INR 7,000 crores.
  • Execution momentum is expected to improve significantly in Q3 and Q4 FY27, leading to more aggressive revenue growth in the second half of the year.
  • Order inflow for FY27 is confidently targeted between INR 11,000 crores and INR 12,000 crores.

2 more points management made on revenue & sales performance

Profitability & Margins

See what H.G. Infra Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Total equity requirement for ongoing and upcoming projects (HAM, solar, BESS, transmission) is around INR 3,019 crores as of June 26, 2026.
  • INR 1,665 crores has already been infused; the remaining equity will be infused over next 9 months of FY27 and FY28, FY29.
  • Equity infusion planned includes INR 309 crores balance for FY27 and INR 235 crores for FY28, plus INR 72 crores for FY29 in HAM projects.
  • For solar, BESS, and transmission projects, INR 275 crores is planned for FY27 and INR 390 crores for FY28, balance INR 75 crores for FY29.
  • Strategic focus on accelerating growth in energy sectors like solar, BESS, and transmission along with traditional roads and highway projects.

2 more points management made on capital expenditure plans

Top-ranked in Construction

Ranked on what management guided this quarter

5x potential
1Dilip Buildcon
Rev 1Mar 3
2Solarworld Ene.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what H.G. Infra Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of Q1 FY27, the company's order book stood at INR 14,502 crores.
  • Breakdown:
  • Roads and highways: INR 9,386 crores
  • Roads, rails, and metro: INR 3,054 crores
  • BESS (Battery Energy Storage System): INR 461 crores
  • Solar projects: INR 144 crores
  • Transmission and distribution: INR 1,457 crores
  • Additionally, bids submitted:
  • Around INR 22,000 crores in HAM and highway projects
  • Around INR 4,000 crores in rail projects
  • 1 or 2 transmission projects also bid for
  • Pending projects of about INR 6,000+ crores (out of INR 14,500 crores order book) are not executable currently due to land acquisition and other approvals.

2 more points management made on order book & pipeline

H.G. Infra Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.4K Cr, net profit ₹85 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were H.G. Infra Engineering Ltd Q1 FY27 results?

For FY27, H.G. The company expects a recovery and growth in execution momentum in the second half of FY27, especially post-monsoon, leading to improved operational and financial performance.

What is H.G. Infra Engineering Ltd share price analysis?

H.G. Infra Engineering Ltd currently shows a below-average growth signal. The stock trades at a P/E of 11.1 with a market cap of ₹2,884 Cr. Investors should review the full earnings analysis for detailed insights.

Is H.G. Infra Engineering Ltd planning capital expenditure?

Total equity requirement for ongoing and upcoming projects (HAM, solar, BESS, transmission) is around INR 3,019 crores as of June 26, 2026.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.