HI

H.G. Infra Engineering Ltd

Q3 FY26Construction

H.G. Infra Engineering Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹512
Market cap₹3.5K Cr
P/E13.4
Updated23 Aug 2026
Read4 min read

The short version

FY27 revenue execution is guided at approximately INR7,000 crores, reflecting a 10-12% year-on-year growth. FY27 execution guidance targets revenue of approx.

From H.G. Infra Engineering Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY27 revenue execution is guided at approximately INR7,000 crores, reflecting a 10-12% year-on-year growth.
  • Of the INR7,000 crores, about INR5,500 crores are expected from existing projects, excluding MSRDC, and INR1,500 crores from new projects including MSRDC.
  • Order inflow target for FY27 is set between INR10,000 crores to INR12,000 crores.
  • The company aims to maintain a 10-15% year-on-year growth streak by adding new orders in forthcoming months.
  • Execution of BESS projects is a focus, with around 85% expected to be completed by March FY27.

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 in 9 months FY26: Around INR305 crores, mainly for equipment; minimal further capex expected due to existing machinery and equipment. (Page 13)
  • BESS (Battery Energy Storage Systems) equity investment: INR16 crores invested till date; expected equity requirement of INR99 crores for FY26-27; total equity for FY26-27 around INR605 crores including HAM projects. (Page 13)
  • Solar projects: Full equity of INR731 crores already invested; no further equity required. (Page 13)

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
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

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 inflow for the year-to-date is INR 3,300 crores (Page 15).
  • New projects worth INR 4,000 to INR 5,000 crores are expected to be added by March 2026 (Page 6, 11).
  • Total bid size for highway projects already submitted is around INR 14,000 crores, with INR 48,000 crores worth of projects expected to be bid by March 2026 (Page 12).
  • Targets for order inflow in FY26-27 are INR 10,000 to INR 12,000 crores (Page 15).
  • Order book includes roads and rail projects; also involved in BESS and solar sectors (Page 15).

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 →

Others in Construction this season

  • Ircon International Ltd (Q3 FY26)

    1,965.4 crore . Key concall takeaways from Ircon International Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.

  • Ramky Infrastructure Ltd (Q3 FY26)

    Consolidated revenue: ₹489 Crore (Page 15) . Key concall takeaways from Ramky Infrastructure Ltd's Q3 FY26 earnings call — and how it ranks against sector…

  • Om Infra Ltd (Q3 FY26)

    Q3 FY26 Revenue (Consolidated): Rs 340 Cr, down 37% YoY (from Rs 541 Cr in Q3 FY25) [Page 12] . Key concall takeaways from Om Infra Ltd's Q3 FY26 earnings call…

  • NBCC (Q3 FY26)

    Standalone order book split: ~40% PMC (around INR 45,000 crores), ~60% redevelopment (around INR 67,000 crores). Key concall takeaways from NBCC's Q3 FY26…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were H.G. Infra Engineering Ltd Q3 FY26 results?

FY27 revenue execution is guided at approximately INR7,000 crores, reflecting a 10-12% year-on-year growth. FY27 execution guidance targets revenue of approx.

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 in 9 months FY26: Around INR305 crores, mainly for equipment; minimal further capex expected due to existing machinery and equipment.

Keep H.G. Infra Engineering Ltd on your radar — track it to get its next earnings analysis in your feed.

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.