HILINFRA Share Price | Highway Infrastructure Ltd Stock Analysis & Recommendation

Q: Is Highway Infra overvalued or undervalued?

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.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.

Q: When is the next results date for Highway Infra?

The next results date for Highway Infra is scheduled for November 6, 2025.

Q: How has been the historical performance of Highway Infra?

Answer:The historical performance of Highway Infra shows a significant growth trajectory in its financial metrics for the year ending March 2025.Breakdown: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.

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

Based on the current analysis of Highway Infrastructure Ltd, it appears that selling may be the most prudent option at this time. The company has demonstrated poor long-term growth, with net sales declining at an annual rate of -13.60% and operating profit decreasing by -19.26% over the past five years. Additionally, the return on equity (ROE) stands at 9.4%, which suggests an expensive valuation with a price-to-book ratio of 1.7.While the stock has generated a return of 0.00% over the past year, profits have only increased by 5%, indicating limited upside potential. Furthermore, there is a concerning trend with institutional investors, who have reduced their stake by -1.31% in the last quarter, now holding only 0.7% of the company. This decline in institutional interest can be a red flag, as these investors typically have more resources to evaluate a company's fundamentals.On a slightly positive note, the profit before tax (PBT) has shown significant growth of 45.8% compared to the previous four-quarter average, and the profit after tax (PAT) for the first nine months is higher at Rs 23.25 crores. However, these factors may not be sufficient to offset the overall negative trends.In summary, given the combination of declining sales and profits, high valuation metrics, and reduced institutional interest, it would be wise to consider selling your shares in Highway Infrastructure Ltd.

Q: Why is Highway Infrastructure Ltd falling/rising?

As of 16-Mar, Highway Infrastructure Ltd's stock price is falling, currently at Rs 49.30, reflecting a decrease of Rs 0.75 or 1.5%. The stock has been on a downward trend, having lost 2.76% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish momentum. In terms of performance relative to the market, the stock has underperformed over various periods, with a year-to-date decline of 15.57%, compared to a 11.40% drop in the Sensex. Additionally, the stock is close to its 52-week low, just 1.22% away from Rs 48.7. While there has been a slight increase in investor participation, with delivery volume rising by 7.39% against the 5-day average, this does not offset the broader negative sentiment. The company is facing challenges with poor long-term growth, as evidenced by a -13.60% annual rate of net sales growth and a -19.26% decline in operating profit over the last five years. Furthermore, institutional investors have reduced their stake by 1.31% in the previous quarter, indicating a lack of confidence from more knowledgeable market participants.Overall, the combination of declining stock performance, poor long-term growth metrics, and reduced institutional interest contributes to the current downward pressure on Highway Infrastructure Ltd's stock price.

Mojo Score Change: Highway Infra has changed its score on 09 Mar 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.23 lacs (52.57%) Volume

Shareholding (Dec 2025)

FII

0.04%

Held by 3 FIIs

DII

0.66%

Held by 0 DIIs

Promoter

70.04%

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.

View full answer

When is the next results date for Highway Infra?

04-Nov-2025

The next results date for Highway Infra is November 6, 2025.

View full answer

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.

View full answer

Should I buy, sell or hold Highway Infrastructure Ltd?

10-Mar-2026

Why is Highway Infrastructure Ltd falling/rising?

17-Mar-2026

As of 16-Mar, Highway Infrastructure Ltd's stock price is at Rs 49.30, down 1.5%, and has underperformed the market with a year-to-date decline of 15.57%. The stock is facing bearish momentum, poor long-term growth, and reduced institutional interest, contributing to its downward trend.

View full answer

Which are the latest news on Highway Infra?

21-Mar-2026

Highway Infrastructure Ltd Falls 3.56%: 3 Key Factors Driving the Weekly Decline
Highway Infrastructure Ltd Stock Hits 52-Week Low Amid Market Downturn

Which are the latest news on Highway Infra?

22-Mar-2026

Highway Infrastructure Ltd Falls 3.56%: 3 Key Factors Driving the Weekly Decline
Highway Infrastructure Ltd Stock Hits 52-Week Low Amid Market Downturn

Which are the latest news on Highway Infra?

23-Mar-2026

Highway Infrastructure Ltd is Rated Sell
Highway Infrastructure Ltd Falls 3.56%: 3 Key Factors Driving the Weekly Decline

Compare Highway Infra with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor long term growth as Net Sales has grown by an annual rate of -13.60% and Operating profit at -19.26% over the last 5 years

With ROE of 9.4, it has a Expensive valuation with a 1.7 Price to Book Value

Falling Participation by Institutional Investors

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Construction

Market cap

INR 330 Cr (Micro Cap)

P/E

10.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.03

Return on Equity

9.36%

Price to Book

1.65

Revenue and Profits:

Net Sales:

127 Cr

(Quarterly Results - Dec 2025)

Net Profit:

6 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-22.1%

6 Months

-46.43%

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

Markets Rally, But Highway Infrastructure Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off

Read full news article

Markets Rally, But Highway Infrastructure Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off

Despite a broader market rally, Highway Infrastructure Ltd has plunged to a fresh 52-week low of Rs 46.18 on 23 Mar 2026, marking a 4.33% intraday decline and extending its downward momentum amid sectoral weakness.

Read full news article

Markets Rise, But Highway Infrastructure Ltd Slides to All-Time Low Amid Stock-Specific Sell-Off

Despite a broadly positive market environment, Highway Infrastructure Ltd has succumbed to persistent selling pressure, hitting a fresh all-time low of Rs 46.5 on 23 Mar 2026. The stock’s decline has outpaced both its sector and the Sensex, underscoring a distinct divergence from broader market trends.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

10-Mar-2026 | Source : BSE

Newspaper Publication for the Postal Ballot Notice dated 6 March 2026

Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

09-Mar-2026 | Source : BSE

Postal ballot notice dated 06 March 2026

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

04-Mar-2026 | Source : BSE

Intimation for Investor meet

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)

2.48

Debt to EBITDA (avg)

1.81

Net Debt to Equity (avg)

0.39

Sales to Capital Employed (avg)

3.96

Tax Ratio

20.31%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.70%

ROCE (avg)

27.61%

ROE (avg)

17.43%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.65

EV to EBIT

18.45

EV to EBITDA

16.42

EV to Capital Employed

1.67

EV to Sales

0.82

PEG Ratio

Dividend Yield

ROCE (Latest)

9.05%

ROE (Latest)

9.36%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

Bearish

KST

Dow Theory

Bearish

OBV

Mildly Bearish

No Trend

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

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 3 FIIs (0.04%)

Promoter with highest holding

Anoop Agrawal (26.78%)

Highest Public shareholder

Rachna Agrawal (3.15%)

Individual Investors Holdings

27.33%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

127.83

88.01

45.24%

Operating Profit (PBDIT) excl Other Income

7.98

-6.56

221.65%

Interest

1.14

1.59

-28.30%

Exceptional Items

0.00

Standalone Net Profit

6.11

9.60

-36.35%

Operating Profit Margin (Excl OI)

6.24%

-7.45%

13.69%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 45.24% vs -22.53% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is -36.35% vs 33.33% in Sep 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'25

Mar'25

Change(%)

Net Sales

418.38

Operating Profit (PBDIT) excl Other Income

20.80

Interest

6.76

Exceptional Items

0.00

Standalone Net Profit

19.66

Operating Profit Margin (Excl OI)

4.97%

NA%

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