H.G. Infra Engineering Ltd
H.G. Infra Engineering Q3 FY25 earnings call: Revenue & Margins
Q3 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Revenue growth for FY '26 is expected at 15% to 17% year-on-year. Company targets 17%-18% revenue growth in upcoming quarters and FY '26, maintaining previous guidance.
From H.G. Infra Engineering Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Revenue growth for FY '26 is expected at 15% to 17% year-on-year.
- For the upcoming quarters, revenue growth is targeted at 17% to 18%.
- Order inflow guidance for FY '25 is INR11,000 to 12,000 crores, with INR8,200 crores already secured.
- Execution for FY '26 is expected around INR7,000 crores with an order inflow of about INR10,000 crores.
- From existing order book (around INR11,000 crores excluding MSRDC), INR6,500 crores+ revenue is forecasted for FY '26.
- Key projects contributing to growth include railway (INR2,300-3,300 crores order book portion), solar (INR1,500 crores to complete), HAM projects (INR5,000 crores balance), and ongoing Ganga & solar projects.
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Profitability & Margins
See what H.G. Infra Engineering Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capex done in 9 months FY '25 is around INR92 crores; Q4 anticipated capex is INR5-10 crores.
- For FY '26, expected capex is INR40-50 crores, with no major jump planned.
- Strategic investment includes equity requirement of around INR450 crores over next 2 years for battery energy storage projects.
- Total equity investment in projects like solar and batteries is significant (e.g., INR700 crores equity for solar projects).
- Company is looking to monetize 5 projects with invested equity of about INR770 crores, with ongoing discussions with potential buyers.
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Top-ranked in Construction
Ranked on what management guided this quarter
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
- Current order book stands at INR 15,080 crores.
- Composition: Roadways and highways INR 11,235 crores; Railways and metro INR 2,289 crores; Solar INR 1,556 crores.
- Order book mix: 33% HAM projects, 67% EPC projects.
- Segment-wise contribution: Roads and highways 75%, Railways 15%, Solar 10%.
- New order inflow for FY '25 targeted at INR 11,000-12,000 crores.
- Till date FY '25, secured approximately INR 8,200 crores including the New Delhi Railway Station redevelopment project.
2 more points from H.G. Infra Engineering Ltd's call on order book
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H.G. Infra Engineering Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.4K Cr, net profit ₹85 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What H.G. Infra Engineering Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were H.G. Infra Engineering Ltd Q3 FY25 results?
Revenue growth for FY '26 is expected at 15% to 17% year-on-year. Company targets 17%-18% revenue growth in upcoming quarters and FY '26, maintaining previous guidance.
What is H.G. Infra Engineering Ltd share price analysis?
H.G. Infra Engineering Ltd currently shows a neutral. The stock trades at a P/E of 13.4 with a market cap of ₹3,538 Cr. Investors should review the full earnings analysis for detailed insights.
Is H.G. Infra Engineering Ltd planning capital expenditure?
Capex done in 9 months FY '25 is around INR92 crores; Q4 anticipated capex is INR5-10 crores.
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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.