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: 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.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

77.21 k (-57.94%) 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.

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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.

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Which are the latest news on Highway Infra?

18-Jan-2026

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

Why is Highway Infrastructure Ltd falling/rising?

19-Jan-2026

As of 18-Jan, the stock price of Highway Infrastructure Ltd is currently at Rs 55.82, reflecting a 1.86% increase today. However, it has been underperforming over the past week and month, with declines of 4.47% and 6.20%, and shows signs of reduced investor participation.

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Compare Highway Infra with Similar Stocks

RBM Infracon Twamev Constr.Zodiac Energy

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

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Stock DNA

Industry

Construction

Market cap

INR 389 Cr (Micro Cap)

P/E

20.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.03

Return on Equity

9.36%

Price to Book

1.91

Revenue and Profits:

Net Sales:

95 Cr

(Quarterly Results - Sep 2025)

Net Profit:

10 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-29.59%

6 Months

0.0%

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

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 to...

Read full news article

How has been the historical performance of Highway Infra?

Answer: The historical performance of Highway Infra shows a consolidated net profit of 19.67 Cr for the year ending March 2025, with an earnings per share (EPS) of 3.4. The total operating income for the same period was 495.72 Cr, leading to an operating profit margin of 6.32%. The company reported a profit before tax of 30.25 Cr and a profit after tax of 22.40 Cr, resulting in a PAT margin of 4.52%. Breakdown: In March 2025, Highway Infra achieved total operating income of 495.72 Cr, with total expenditure (excluding depreciation) amounting to 464.39 Cr, resulting in an operating profit (PBDIT) of 40.09 Cr. The company incurred interest expenses of 7.43 Cr, leading to a gross profit (PBDT) of 32.66 Cr. After accounting for depreciation of 2.40 Cr, the profit before tax stood at 30.25 Cr, from which a tax of 7.86 Cr was deducted, yielding a profit after tax of 22.40 Cr. The consolidated net profit was rep...

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When is the next results date for Highway Infra?

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

Read full news article

Announcements

Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

16-Jan-2026 | Source : BSE

Intimation of the Postal Ballot and Remote E - voting as per regulation 44 of SEBI (LODR) 2015.

Announcement under Regulation 30 (LODR)-Press Release / Media Release

16-Jan-2026 | Source : BSE

Company secures Rs 69.68 crores EPC order from Indore Development Authority for urban road development.

Shareholder Meeting / Postal Ballot-Scrutinizers Report

16-Jan-2026 | Source : BSE

Intimation of the result of Postal Ballot and Remote E voting as per regulation 44 of SEBI (LODR) 2015

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

1.91

EV to EBIT

21.33

EV to EBITDA

18.98

EV to Capital Employed

1.93

EV to Sales

0.94

PEG Ratio

Dividend Yield

ROCE (Latest)

9.05%

ROE (Latest)

9.36%

Technicals key factors

Indicator

Weekly

Monthly

No records

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 (0.032%)

Individual Investors Holdings

27.33%

Financial

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          "field": "Interest",
          "val1": "1.59",
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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Sep'25

Jun'25

Change(%)

Net Sales

88.01

113.60

-22.53%

Operating Profit (PBDIT) excl Other Income

-6.56

10.96

-159.85%

Interest

1.59

1.77

-10.17%

Exceptional Items

0.00

Standalone Net Profit

9.60

7.20

33.33%

Operating Profit Margin (Excl OI)

-7.45%

9.65%

-17.10%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2025 is -22.53% vs -11.75% in Jun 2025

Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is 33.33% vs -38.98% in Jun 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) - Mar'25

Mar'25

Change(%)

Net Sales

307.79

Operating Profit (PBDIT) excl Other Income

20.48

Interest

5.32

Exceptional Items

0.00

Standalone Net Profit

15.23

Operating Profit Margin (Excl OI)

6.65%

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 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

Highway Infra

1Day

52 Week

CASH

FII

DII

Promoter

Is Highway Infra overvalued or undervalued?

Watch in Real-Time

When is the next results date for Highway Infra?

How has been the historical performance of Highway Infra?

Which are the latest news on Highway Infra?

Why is Highway Infrastructure Ltd falling/rising?

Compare Highway Infra with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

How has been the historical performance of Highway Infra?

How has been the historical performance of Highway Infra?

When is the next results date for Highway Infra?

Announcements

Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Shareholder Meeting / Postal Ballot-Scrutinizers Report

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

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

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Mar'25

Annual Results Snapshot (Standalone) - Mar'25

About Highway Infrastructure Ltd

Company Coordinates