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H.G. Infra Engineering Limited (HGINFRA) Fair Value & Analysis

Industrials · IN · Market cap ₹36.9B

HG H.G. Infra Engineering Limited HGINFRA · NSE
Price₹564.25
Fair Value₹1,065
Upside+88.7%
Quality31/100
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Evidence: High Range ₹797.81 – ₹1,331

Fair value as of: Jul 3, 2026

From 16 valuation models · updated yesterday

Share price +2.2% over the past month.

Price vs Fair Value (12 months)

₹1,099 ₹425.80 Fair Value ₹1,065 Jul 2025 Jul 2026

12‑month range ₹425.80 – ₹1,099 · fair‑value band ₹797.81 – ₹1,331 · the ₹564.25 price screens below the ₹1,065 fair value. As of Jul 3, 2026.

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Analysis

H.G. Infra Engineering Limited (HGINFRA) currently trades at ₹564.25, while our model-based Fair Value estimate is ₹1,065 — implying the stock looks roughly 88.7% undervalued today. We read business quality at 31/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, H.G. Infra Engineering Limited generated revenue of ₹52.3B at a net margin of 6.3%. Revenue grew 4.8% year over year. It earns a return on equity of 10.6%. Net debt stands at ₹47.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹52.3B
Revenue growth (YoY) +4.8%
Net margin 6.3%
Return on equity 10.6%
Free cash flow −₹11.4B FY2026
P/E ratio 11.2
More key figures
Operating margin 13.3%
EPS (TTM) ₹50.61
Dividend yield 0.4%
EPS growth (YoY) -42.4%
Net debt ₹47.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

H.G. Infra Engineering Limited, together with its subsidiaries, engages in the engineering, procurement, and construction (EPC) business in India. The company provides EPC services on a turnkey basis and hybrid annuity model for civil construction and related infrastructure projects. It also develops and maintains roads, highways, bridges, flyovers, railway networks and other infrastructure contract works, as well as railways, metro, solar power plant, and water sector projects. H.G. Infra Engineering Limited was incorporated in 2003 and is based in Jaipur, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

H.G. Infra Engineering Limited reported revenue of ₹52.3B in FY2026 versus ₹36.6B in FY2022, a compound +9.3%/yr. Reported net income was ₹3.3B in FY2026, compounding −3.4%/yr from FY2022.

Revenue +9.3%/yr
FY22 ₹36.6B
FY23 ₹44.7B
FY24 ₹53.8B
FY25 ₹50.6B
FY26 ₹52.3B
Net income −3.4%/yr
FY22 ₹3.8B
FY23 ₹4.9B
FY24 ₹5.4B
FY25 ₹5.1B
FY26 ₹3.3B

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Frequently asked questions

Is H.G. Infra Engineering Limited (HGINFRA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹1,065 versus a price of ₹564.25 — about +89% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HGINFRA?
Our model-based fair value for H.G. Infra Engineering Limited is ₹1,065 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹564.25.
What is the quality score of HGINFRA?
H.G. Infra Engineering Limited has a Quality Score of 31/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of H.G. Infra Engineering Limited (HGINFRA)?
H.G. Infra Engineering Limited reported trailing-twelve-month revenue of about ₹52.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of HGINFRA?
The net profit margin of H.G. Infra Engineering Limited is about 6.3%, meaning it keeps roughly 6.3% of revenue as net income. Based on the latest reported figures.
Does H.G. Infra Engineering Limited pay a dividend?
H.G. Infra Engineering Limited currently shows a dividend yield of about 0.35% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.