Highway Infra

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: INE00RL01028
  • NSEID: HILINFRA
  • BSEID: 544477
INR
40.99
-2.79 (-6.37%)
BSENSE

Mar 30

BSE+NSE Vol: 4.36 lacs

  • 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

4.36 lacs (40.84%) 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.

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.

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.

The next results date for Highway Infra is scheduled for 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.

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.

View full answer

Should I buy, sell or hold Highway Infrastructure Ltd?

10-Mar-2026

Why is Highway Infrastructure Ltd falling/rising?

31-Mar-2026

As of 30-Mar, Highway Infrastructure Ltd's stock price is at Rs. 40.99, reflecting a 6.37% decline. The stock has significantly underperformed, with a year-to-date drop of 29.80% and a recent 52-week low, driven by negative sector trends and reduced institutional investor confidence.

As of 30-Mar, Highway Infrastructure Ltd's stock price is falling, currently at Rs. 40.99, which reflects a decrease of Rs. 2.79 or 6.37%. This decline is part of a broader trend, as the stock has underperformed significantly over various time frames, including a 10.81% drop over the past week and a 22.16% decline over the past month. Year-to-date, the stock has fallen by 29.80%, compared to a 15.57% decline in the benchmark Sensex.<BR><BR>Today's performance has been particularly poor, with the stock hitting a new 52-week low of Rs. 40.79 and experiencing a consecutive fall over the last three days, resulting in a total drop of 13.03% during this period. The stock has also been highly volatile today, with an intraday volatility of 5.5%. Furthermore, it is trading below its moving averages across multiple time frames, indicating a bearish trend.<BR><BR>The construction and real estate sector, in which Highway Infrastructure operates, has also seen a decline of 3.4%, contributing to the negative sentiment surrounding the stock. Additionally, there has been a decrease in institutional investor participation, with a reduction of 1.31% in their stake over the previous quarter, which may signal a lack of confidence in the company's long-term growth prospects. This is compounded by poor long-term growth metrics, such as a -13.60% annual rate of growth in net sales and a -19.26% decline in operating profit over the last five years.<BR><BR>While there are some positive factors, such as a 45.8% growth in profit before tax and a higher profit after tax for the past nine months, these have not been sufficient to counterbalance the overall negative trends affecting the stock. Thus, the combination of poor performance metrics, sector declines, and reduced institutional interest has led to the current fall in Highway Infrastructure Ltd's stock price.

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

Dashboard

1

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

 
2

Falling Participation by Institutional Investors

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

INR 314 Cr (Micro Cap)

stock-summary
P/E

8.00

stock-summary
Industry P/E

31

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.03

stock-summary
Return on Equity

9.36%

stock-summary
Price to Book

1.50

Revenue and Profits:
Net Sales:
127 Cr
(Quarterly Results - Dec 2025)
Net Profit:
6 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-27.75%
0%
-27.75%
6 Months
-48.57%
0%
-48.57%
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 9.30% This Week: Key Drivers Behind the Decline

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

26-Mar-2026 | Source : BSE

Company Received a LOA for operation at Venkatapalem fee plaza in the state of Andhra Pradesh.

Closure of Trading Window

26-Mar-2026 | Source : BSE

Closure of trading window from April 01 2026 till 48 hours after the audited financial result for the quarter and year ended March 31 2026 are approved by Board of Director.

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

23-Mar-2026 | Source : BSE

Company has received a work order for the operation at Katiyara Fee plaza.

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)
2.48
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
0
Pledged Shares
0
Institutional Holding
0.70%
ROCE (avg)
27.61%
ROE (avg)
17.43%

Valuation key factors

Factor
Value
P/E Ratio
8
Industry P/E
31
Price to Book Value
1.40
EV to EBIT
15.58
EV to EBITDA
13.87
EV to Capital Employed
1.41
EV to Sales
0.69
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.05%
ROE (Latest)
9.36%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
Bollinger Bands
Bearish
KST
Dow Theory
Bearish
Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
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%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 45.24% vs -22.53% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -36.35% vs 33.33% in Sep 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "127.83",
          "val2": "88.01",
          "chgp": "45.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.98",
          "val2": "-6.56",
          "chgp": "221.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.14",
          "val2": "1.59",
          "chgp": "-28.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.11",
          "val2": "9.60",
          "chgp": "-36.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.24%",
          "val2": "-7.45%",
          "chgp": "13.69%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "201.62",
          "val2": "179.06",
          "chgp": "12.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.40",
          "val2": "5.86",
          "chgp": "-24.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.36",
          "val2": "3.42",
          "chgp": "-1.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "16.80",
          "val2": "3.43",
          "chgp": "389.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.18%",
          "val2": "3.27%",
          "chgp": "-1.09%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "329.45",
          "val2": "289.66",
          "chgp": "13.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.38",
          "val2": "6.77",
          "chgp": "82.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.50",
          "val2": "4.86",
          "chgp": "-7.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "22.91",
          "val2": "7.86",
          "chgp": "191.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.76%",
          "val2": "2.34%",
          "chgp": "1.42%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "418.38",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.80",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "6.76",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "19.66",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.97%",
          "val2": "NA%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Dec'25 - QoQstock-summary

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
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.
Direction Arrows
Net Sales

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

Direction Arrows
Standalone Net Profit

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

Mar'25
Change(%)
Net Sales
418.38
NA
NA
Operating Profit (PBDIT) excl Other Income
20.80
NA
NA
Interest
6.76
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
19.66
NA
NA
Operating Profit Margin (Excl OI)
4.97%
NA%
NA
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