HILINFRA Share Price | Highway Infrastructure Ltd Stock Analysis & Recommendation

Q: Should I buy, sell or hold Highway Infrastructure Ltd?

Based on the latest information regarding Highway Infrastructure Ltd, it appears to be in a strong position for growth, particularly with the significant increase in profits and net sales. The company's profit after tax has grown impressively by 50.06%, and net sales have increased by 27.64%. Additionally, the substantial growth in profit before tax indicates a positive trend in operational performance.The return on capital employed (ROCE) of 7.3 suggests that the company is effectively utilizing its capital, and the attractive valuation with a low enterprise value to capital employed ratio further supports this. The fact that the stock has generated a return over the past year, alongside a notable profit increase of 63%, indicates potential for future appreciation.Given these factors, if you are considering an investment in Highway Infrastructure Ltd, it may be prudent to hold or even buy, especially if you believe in the long-term growth potential of the company. However, always consider your own financial situation and investment strategy before making a decision.

Q: Are Highway Infrastructure Ltd latest results good or bad?

Highway Infrastructure Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales for Q4 FY26 reaching ₹274.63 crores, which is a remarkable increase of 107.90% year-on-year and 116.48% quarter-on-quarter. This indicates strong demand and successful project execution.However, the profitability metrics raise significant concerns. The consolidated net profit for the same quarter was ₹8.82 crores, reflecting a decline of 25.82% year-on-year, despite a sequential improvement of 37.60%. The profit after tax (PAT) margin has dropped sharply from 9.05% in Q4 FY25 to just 3.16% in Q4 FY26, suggesting that while the company is generating more revenue, it is struggling to convert that into profit effectively. Additionally, the return on equity (ROE) has also decreased from an average of 17.43% to 9.36%, indicating a decline in capital efficiency. The company's cash flow dynamics are troubling, with operating cash flow turning negative, which could signal issues with working capital management.Overall, while Highway Infrastructure Ltd has demonstrated strong sales growth, the significant erosion in margins and returns raises questions about the sustainability of this growth. Investors may want to approach the stock with caution, considering the current challenges in profitability and operational efficiency.

Q: When is the next results date for Highway Infrastructure Ltd?

The next results date for Highway Infrastructure Ltd is scheduled for 26 May 2026.

Results Declared: Highway Infra has declared results on 27 May 2026! Click here to unlock the latest financial performance

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

42.15 k (37.16%) Volume

Shareholding (Mar 2026)

FII

0.01%

Held by 2 FIIs

DII

0.40%

Held by 0 DIIs

Promoter

70.04%

Why is Highway Infrastructure Ltd falling/rising?

10-Jun-2026

As of 09-Jun, Highway Infrastructure Ltd's stock price is rising to 48.24, despite a 9.12% decline over the past month and 17.38% year-to-date. The increase may reflect broader market trends, but mixed moving averages and a significant drop in investor participation suggest a lack of strong upward momentum.

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Which are the latest news on Highway Infra?

09-Jun-2026

MarketsMOJO Upgrades Highway Infrastructure Ltd to Hold on Improved Valuation and Technicals
Highway Infrastructure Ltd Downgraded to Sell Amid Deteriorating Fundamentals and Bearish Technicals

Should I buy, sell or hold Highway Infrastructure Ltd?

09-Jun-2026

Are Highway Infrastructure Ltd latest results good or bad?

27-May-2026

Highway Infrastructure Ltd's latest results show strong revenue growth with Q4 FY26 net sales up 107.90% year-on-year, but profitability is concerning, with net profit down 25.82% year-on-year and a significant drop in profit margins and return on equity. Investors should be cautious due to challenges in profitability and cash flow management.

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When is the next results date for Highway Infrastructure Ltd?

22-May-2026

The next results date for Highway Infrastructure Ltd is 26 May 2026.

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How has been the historical performance of Highway Infra?

17-Nov-2025

Highway Infra's financial performance for the year ending March 2025 showed significant growth, with total operating income of 495.72 crore, a profit after tax of 22.40 crore, and a debt-free status. Total assets increased to 231.41 crore, while cash flow from operating activities was negative at -4.00 crore.

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Is Highway Infra overvalued or undervalued?

04-Sep-2025

As of September 3, 2025, Highway Infra is considered very expensive and overvalued with a PE Ratio of 34.29, an EV to EBITDA of 34.52, and a Price to Book Value of 5.98, despite outperforming the Sensex recently, indicating a significant shift in its perceived value.

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Compare Highway Infra with Similar Stocks

RBM Infracon RPP Infra Proj.Ganesh Infra.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Construction

Market cap

INR 344 Cr (Micro Cap)

P/E

11.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.34

Return on Equity

14.06%

Price to Book

1.49

Revenue and Profits:

Net Sales:

275 Cr

(Quarterly Results - Mar 2026)

Net Profit:

9 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-1.67%

6 Months

-22.31%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Highway Infra for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

MarketsMOJO Upgrades Highway Infrastructure Ltd to Hold on Improved Valuation and Technicals

Highway Infrastructure Ltd has seen its investment rating upgraded from Sell to Hold as of 3 June 2026, reflecting a nuanced shift in its overall profile. The upgrade follows a detailed reassessment across four key parameters: Quality, Valuation, Financial Trend, and Technicals. Despite some deterioration in quality metrics, improvements in valuation and technical indicators have supported a more balanced outlook for this micro-cap construction company.

Read full news article

Highway Infrastructure Ltd Downgraded to Sell Amid Deteriorating Fundamentals and Bearish Technicals

Highway Infrastructure Ltd has seen its investment rating downgraded from Hold to Sell, reflecting a deterioration in key quality and technical parameters despite an attractive valuation. The micro-cap construction company’s recent performance and market trends have prompted a reassessment of its prospects, signalling caution for investors.

Read full news article

Highway Infrastructure Ltd Valuation Shifts Signal Changing Market Sentiment

Highway Infrastructure Ltd has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive price level, despite ongoing market headwinds and a micro-cap status. This article analyses the recent changes in key valuation metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, compares them with peer averages and historical benchmarks, and assesses the implications for investors amid a challenging construction sector environment.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

06-Jun-2026 | Source : BSE

alteration in article of the company.

Board Meeting Outcome for Alteration In Article Of Association Of The Company And Reappointment Of Managing Director And Whole Time Director For A Further Period Of Three - Year.

06-Jun-2026 | Source : BSE

Alteration in Article of Association of the Company and Reappointment of Managing Director and Whole Time Director for a further period of three - year.

Announcement under Regulation 30 (LODR)-Change in Management

06-Jun-2026 | Source : BSE

Reappointment of Managing Director and Whole Time Director for a further period of three year.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-13.60%

EBIT Growth (5y)

-19.26%

EBIT to Interest (avg)

2.74

Debt to EBITDA (avg)

2.94

Net Debt to Equity (avg)

0.39

Sales to Capital Employed (avg)

1.97

Tax Ratio

25.50%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.41%

ROCE (avg)

9.37%

ROE (avg)

17.43%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.52

EV to EBIT

19.04

EV to EBITDA

17.16

EV to Capital Employed

1.38

EV to Sales

0.71

PEG Ratio

Dividend Yield

ROCE (Latest)

7.27%

ROE (Latest)

14.06%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.01%)

Promoter with highest holding

Anoop Agrawal (26.78%)

Highest Public shareholder

Rachna Agrawal (3.15%)

Individual Investors Holdings

27.8%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

270.95

127.83

111.96%

Operating Profit (PBDIT) excl Other Income

12.33

7.98

54.51%

Interest

1.82

1.14

59.65%

Exceptional Items

0.00

Standalone Net Profit

9.19

6.11

50.41%

Operating Profit Margin (Excl OI)

4.55%

6.24%

-1.69%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 111.96% vs 45.24% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 50.41% vs -36.35% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

201.62

179.06

12.60%

Operating Profit (PBDIT) excl Other Income

4.40

5.86

-24.91%

Interest

3.36

3.42

-1.75%

Exceptional Items

0.00

Standalone Net Profit

16.80

3.43

389.80%

Operating Profit Margin (Excl OI)

2.18%

3.27%

-1.09%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

329.45

289.66

13.74%

Operating Profit (PBDIT) excl Other Income

12.38

6.77

82.87%

Interest

4.50

4.86

-7.41%

Exceptional Items

0.00

Standalone Net Profit

22.91

7.86

191.48%

Operating Profit Margin (Excl OI)

3.76%

2.34%

1.42%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

600.39

418.38

43.50%

Operating Profit (PBDIT) excl Other Income

24.71

20.80

18.80%

Interest

6.32

6.76

-6.51%

Exceptional Items

0.00

Standalone Net Profit

32.10

19.66

63.28%

Operating Profit Margin (Excl OI)

4.12%

4.97%

-0.85%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Highway Infrastructure Ltd

Highway Infrastructure Ltd

Micro Cap

Construction

No Details Available.

Company Coordinates

No Company Details Available