Highway Infra

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: INE00RL01028
  • NSEID: HILINFRA
  • BSEID: 544477
INR
46.89
0.13 (0.28%)
BSENSE

Jul 03, 03:30 PM

BSE+NSE Vol: 28.02 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

28.02 k (-5.42%) 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?

06-Jul-2026

As of 05-Jul, Highway Infrastructure Ltd's stock price is at 46.89, showing a slight increase but significantly underperforming the market with a year-to-date decline of 19.70%. Despite increased investor participation, the stock's performance metrics and financials indicate a bearish trend and poor management efficiency.

As of 05-Jul, Highway Infrastructure Ltd's stock price is currently at 46.89, reflecting a slight increase of 0.13 (0.28%). Despite this minor rise, the stock has been underperforming in the market, as indicated by its performance metrics. Over the past week, the stock has decreased by 0.47%, and over the past month, it has fallen by 2.31%, while the benchmark Sensex has shown positive returns of 0.86% and 4.60%, respectively. Year-to-date, the stock is down 19.70%, significantly underperforming the Sensex, which has declined by only 8.75%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.3%. Although there has been a notable increase in investor participation, with delivery volume rising by 96.73% against the 5-day average, the stock remains lower than several moving averages, including the 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend.<BR><BR>The company's financials present a mixed picture. While there have been positive results, such as a significant growth in profit before tax (PBT) and net sales, the overall annual growth rate of net sales is negative at -13.60%. Additionally, the company has a low return on capital employed (ROCE) of 11.82%, indicating poor management efficiency and low profitability per unit of capital. These factors contribute to a perception of weakness in the stock, despite some positive indicators, leading to its overall decline in value.

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Which are the latest news on Highway Infra?

05-Jul-2026

What does Highway Infra do?

11-Jun-2026

Highway Infrastructure Ltd is a micro-cap construction company with net sales of 275 Cr and a net profit of 9 Cr as of March 2026. Key metrics include a P/E ratio of 11.00 and a market cap of INR 333 Cr.

Overview:<BR>Highway Infrastructure Ltd operates in the construction industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The incorporation year and any status changes are not available. The latest quarter for which sales and profit are reported is March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 275 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 9 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 333 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.34 <BR>Return on Equity: 14.06% <BR>Price-to-Book: 1.52 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

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How big is Highway Infra?

11-Jun-2026

As of 10th June, Highway Infrastructure Ltd has a market capitalization of 333.00 Cr, with recent net sales of 608.01 Cr and a net profit of 32.07 Cr.

As of 10th June, Highway Infrastructure Ltd has a market capitalization of 333.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 608.01 Cr and a Net Profit of 32.07 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 112.84 Cr and Total Assets valued at 231.41 Cr.

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Who are the peers of the Highway Infra?

11-Jun-2026

Highway Infra's peers include Markolines Pavem, Solarium Green, Twamev Constr., Vishnu Prakash R, RPP Infra Proj., B.R.Goyal Infra., Giriraj Civil, RBM Infracon, Ganesh Infra, and Mason Infratech, with varying management risk and growth ratings. Markolines Pavem has the highest 1-year return at 5.57%, while Vishnu Prakash R has the lowest at -84.84%.

Peers: The peers of Highway Infra are Markolines Pavem, Solarium Green, Twamev Constr., Vishnu Prakash R, RPP Infra Proj., B.R.Goyal Infra., Giriraj Civil, RBM Infracon, Ganesh Infra, and Mason Infratech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solarium Green, B.R.Goyal Infra., Giriraj Civil, RBM Infracon, and Ganesh Infra., while Average management risk is found at Markolines Pavem and Highway Infra. Below Average management risk is noted for Twamev Constr., Vishnu Prakash R, and RPP Infra Proj. Growth is Excellent at Solarium Green, B.R.Goyal Infra., Giriraj Civil, RBM Infracon, and Ganesh Infra., while Good growth is seen at Highway Infra. Average growth is present at Markolines Pavem and Twamev Constr., and Below Average growth is noted for Vishnu Prakash R and RPP Infra Proj. Capital Structure is Excellent at B.R.Goyal Infra., RBM Infracon, and Ganesh Infra., Good at Markolines Pavem and Solarium Green, Average at Highway Infra, and Below Average at Twamev Constr., Vishnu Prakash R, and RPP Infra Proj.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Markolines Pavem at 5.57%, while the peer with the lowest is Vishnu Prakash R at -84.84%. Highway Infra's 1-year return is not available for comparison. Additionally, peers with negative six-month returns include Solarium Green, Vishnu Prakash R, RPP Infra Proj., and Highway Infra.

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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.

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.<BR><BR>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. <BR><BR>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.<BR><BR>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.

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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.

The next results date for Highway Infrastructure Ltd is scheduled for 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.

Answer:<BR>The historical performance of Highway Infra shows a significant growth trajectory in its financial metrics for the year ending March 2025.<BR><BR>Breakdown:<BR>In March 2025, Highway Infra reported total operating income of 495.72 crore, with a total expenditure of 464.39 crore, leading to an operating profit (PBDIT) of 40.09 crore. After accounting for interest and depreciation, the profit before tax stood at 30.25 crore, resulting in a profit after tax of 22.40 crore. The consolidated net profit for the period was 19.67 crore, translating to an earnings per share (EPS) of 3.4. The operating profit margin was recorded at 6.32%, while the profit after tax margin was 4.52%. On the balance sheet, total assets increased to 231.41 crore from 202.50 crore in the previous year, with shareholder's funds rising to 112.84 crore. The company also saw a notable increase in inventories, which reached 86.60 crore, and total current assets grew to 191.05 crore. However, total debt was reported at 0.00 crore, indicating a debt-free status. Cash flow from operating activities was negative at -4.00 crore, while cash flow from investing activities was positive at 12.00 crore, resulting in a net cash inflow of 1.00 crore by the end of the period.

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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.

As of 3 September 2025, the valuation grade for Highway Infra has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 34.29, an EV to EBITDA of 34.52, and a Price to Book Value of 5.98, all of which suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Highway Infra's PE Ratio is lower than DLF's 39.54 and Lodha Developers' 40.54, but it still reflects a high valuation relative to its earnings potential. Notably, the PEG Ratio is at 0.00, indicating no growth expectations factored into the price, which is concerning. Recent performance shows that Highway Infra has outperformed the Sensex over the past week with a return of 2.37% compared to the Sensex's -0.27%, but this short-term gain does not alter the overall valuation outlook.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor Management Efficiency with a low ROCE of 11.82%

  • The company has been able to generate a Return on Capital Employed (avg) of 11.82% signifying low profitability per unit of total capital (equity and debt)
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

INR 337 Cr (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

36

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.34

stock-summary
Return on Equity

14.06%

stock-summary
Price to Book

1.46

Revenue and Profits:
Net Sales:
275 Cr
(Quarterly Results - Mar 2026)
Net Profit:
9 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-1.12%
0%
-1.12%
6 Months
-21.67%
0%
-21.67%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Highway Infra for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Highway Infrastructure Ltd Falls 2.26%: Downgrade and Valuation Shifts Shape the Week

Announcements stock-summary

Closure of Trading Window

25-Jun-2026 | Source : BSE

Closure of trading window of the quarter ended 30 June 2026.

Announcement Under Regulation 30 Of SEBI LODR 2015

16-Jun-2026 | Source : BSE

Announcement under Regulation 30 of SEBI LODR

Announcement under Regulation 30 (LODR)-Newspaper Publication

10-Jun-2026 | Source : BSE

Newspaper publication for Postal Ballot Notice.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

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
0
Pledged Shares
0
Institutional Holding
0.41%
ROCE (avg)
9.37%
ROE (avg)
17.43%

Valuation key factors

Factor
Value
P/E Ratio
10
Industry P/E
36
Price to Book Value
1.47
EV to EBIT
18.61
EV to EBITDA
16.77
EV to Capital Employed
1.35
EV to Sales
0.69
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
7.27%
ROE (Latest)
14.06%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
Bollinger Bands
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
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%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQstock-summary

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
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.
Direction Arrows
Net Sales

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

Direction Arrows
Standalone Net Profit

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

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

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
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.
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

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

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
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.
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

Annual Results Snapshot (Standalone) - Mar'26stock-summary

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
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.
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

stock-summaryCompany CV
About Highway Infrastructure Ltd stock-summary
stock-summary
Highway Infrastructure Ltd
Micro Cap
Construction
No Details Available.
Company Coordinates stock-summary
Icon
No Company Details Available