H.G. Infra Engineering Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

The project entails construction of new broad gauge line between Dhule Borvihir to Nardana section of Central Railway on engineering, procurement & construction (EPC mode).

The bid project cost stood at Rs 716.11 crore and the project is expected to be completed within 30 months.

H G Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES).

The company’s consolidated net profit increased 8.1% to Rs 162.57 crore on 13.1% rise in net sales to Rs 1,528.04 crore in Q1 FY25 over Q1 FY24.

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The contract involves up-gradation of existing 6 lane road of 10.630 km stretch of National Highway 47 (NH-47) from Narol to Sarkhej junctions in Gujarat on Hybrid annuity mode (HAM).

The project is worth Rs 781.11 crore and it is expected to be completed within a 2.5 years construction period.

In 20 August 2024, the company has been declared as L-l bidder by the ministry of road transport and highways for the above road upgrade project in Gujarat.

H G Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES).

The company’s consolidated net profit increased 8.1% to Rs 162.57 crore in Q1 FY25 as compared with Rs 150.39 crore in Q1 FY24. Net sales jumped 13.1% YoY to Rs 1,528.04 crore in Q1 FY25

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H.G. Infra Engineering has been declared as L-l bidder by the Ministry of Road Transport and Highways (MoRTH) for project entailing up-gradation of existing 6 Lane road including elevated corridor as per site requirements from km 0/00 to km 10/170 of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujarat on Hybrid Annuity Mode. The company's bid project cost is Rs 781.11 crore.

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Net profit of H.G. Infra Engineering rose 8.10% to Rs 162.57 crore in the quarter ended June 2024 as against Rs 150.39 crore during the previous quarter ended June 2023. Sales rose 13.09% to Rs 1528.04 crore in the quarter ended June 2024 as against Rs 1351.16 crore during the previous quarter ended June 2023.

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