NSE: HGINFRA | BSE: 541019

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898.40 -7.70 (-0.85%)

New 52W Low today

74,372 NSE+BSE Volume

NSE 06 Nov, 2025 3:31 PM (IST)

5,855

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

HG Infra Engineering Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HGINFRA, BSE:541019 HG Infra Engineering Ltd.

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HG Infra Engineering Ltd.

21 Aug 2025

898.40

-0.85%

Q1 orders, execution sustained; Half OB yet to start execution; Buy with lower TP

Buy: HG Infra Engineering Ltd.

Target

Anand Rathi

Beating ARe, HG Infra’s Q1 ~Rs17.1bn revenue (up 13.5% y/y) reflects its strong execution abilities. The dip in the 13.8% EBITDA margins (16.2%, Q1 FY25) is attributed to one-time provisions.

HG Infra Engineering Ltd. has lost -20.47% in the last 6 Months

HG Infra Engineering Ltd.

17 Aug 2025

898.40

-0.85%

H.G. Infra Engineering: Q1FY26 Result Review

Buy: HG Infra Engineering Ltd.

Target

IDBI Capital

HG Infra (HGIEL) Q1FY26 performance was mixed, with a softer undertone despite healthy standalone revenue growth. On a standalone basis, revenue came in at Rs17,092.4mn, representing a 13.5% YoY increase but a 13.4% sequential decline. Profit after tax fell 10.1% YoY and 40.9% QoQ to Rs1,254.7 mn, as EBITDA margins contracted to 13.8% from 15.9% a year earlier. The fall in profitability was largely driven by a Rs43 crore one-off margin correction in the Ganga Expressway project due to a change in law provision, alongside higher finance costs and impairment provisions on receivables. Standalone PAT...

HG Infra Engineering Ltd. has lost -20.47% in the last 6 Months

HG Infra Engineering Ltd.

17 Aug 2025

898.40

-0.85%

On-track execution aids in steady core performance

Buy: HG Infra Engineering Ltd.

Target

Emkay

HGIEL posted 14%/1% YoY revenue/EBITDA growth in Q1FY26 to Rs17.1/2.5bn, respectively, while RPAT stood at Rs1.3bn.

HG Infra Engineering Ltd. is trading below all available SMAs

HG Infra Engineering Ltd.

16 Aug 2025

898.40

-0.85%

Execution risk intensifying; downgrade to HOLD

Hold: HG Infra Engineering Ltd.

Recommendation Target

ICICI Securities Limited

Order awarding in the road sector has been soft for the past two years, impacting HG Infra’s (HG) order book (OB), now at INR 147bn (2.2x TTM revenues) – part of this (INR 31bn) is yet to receive appointed date.

HG Infra Engineering Ltd. is trading below all available SMAs

HG Infra Engineering Ltd.

30 Jun 2025

898.40

-0.85%

Axis Punch:H.G. Infra Engg.

Buy: HG Infra Engineering Ltd.

Target

Axis Direct

We maintain our BUY rating on HGIEL with a target price of Rs 1,155/share. The TP implies an upside of 10% from the CMP.

HG Infra Engineering Ltd. has lost -20.47% in the last 6 Months

HG Infra Engineering Ltd.

26 May 2025

898.40

-0.85%

Steady execution with one-off muted margins in Q4; retaining a Buy

Buy: HG Infra Engineering Ltd.

Target

Anand Rathi

A steady execution pace, continued operating profitability and steady orders make HG Infra’s FY25 results comforting with one-off margins in Q4. This sets the tone for an even better performance ahead.