Highway Infrastructure (NSE:HILINFRA) Has A Pretty Healthy Balance Sheet
Dec 18
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Indian (NIFTY) Highways and Railtracks Industry Analysis
UpdatedJan 27, 2026
DataAggregated Company Financials
Companies7
- 7D-1.8%
- 3M-9.9%
- 1Y-41.2%
- YTDn/a
Over the last 7 days, the Highways and Railtracks industry has dropped 1.8%, driven by a pullback from Suyog Gurbaxani Funicular Ropeways of 11%. Meanwhile, Noida Toll Bridge actually outperformed within the industry, gaining 9.6% in the last week. Overall the industry is down 41% in 12 months.
Industry Valuation and Performance
Has the Indian Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 27 Jan 2026 | ₹34.8b | ₹19.9b | ₹6.6b | 11.2x | 5.3x | 1.7x |
| Thu, 25 Dec 2025 | ₹36.8b | ₹19.9b | ₹6.6b | 12.9x | 5.6x | 1.8x |
| Sat, 22 Nov 2025 | ₹36.6b | ₹20.0b | ₹6.6b | 12.6x | 5.5x | 1.8x |
| Mon, 20 Oct 2025 | ₹38.6b | ₹20.2b | ₹6.3b | 15.5x | 6.1x | 1.9x |
| Wed, 17 Sep 2025 | ₹16.1b | ₹11.0b | ₹2.2b | 23.5x | 7.3x | 1.5x |
| Fri, 15 Aug 2025 | ₹17.8b | ₹11.8b | ₹1.7b | 24.2x | 10.6x | 1.5x |
| Sun, 13 Jul 2025 | ₹10.0b | ₹6.8b | ₹1.5b | 15.4x | 6.7x | 1.5x |
| Tue, 10 Jun 2025 | ₹9.3b | ₹6.8b | ₹1.5b | 15.1x | 6.3x | 1.4x |
| Thu, 08 May 2025 | ₹10.2b | ₹7.6b | -₹1,171,677,473.00 | 21x | -8.7x | 1.3x |
| Sat, 05 Apr 2025 | ₹11.0b | ₹7.6b | -₹1,171,677,473.00 | 22.6x | -9.4x | 1.5x |
| Mon, 03 Mar 2025 | ₹11.7b | ₹7.6b | -₹1,171,677,473.00 | 17.5x | -10x | 1.5x |
| Wed, 29 Jan 2025 | ₹15.1b | ₹8.0b | -₹736,093,473.00 | 113.5x | -20.5x | 1.9x |
| Fri, 27 Dec 2024 | ₹18.5b | ₹8.0b | -₹736,093,473.00 | 120.1x | -25.1x | 2.3x |
| Sun, 24 Nov 2024 | ₹16.4b | ₹8.0b | -₹736,093,473.00 | 92x | -22.3x | 2x |
| Tue, 22 Oct 2024 | ₹17.2b | ₹8.2b | -₹1,207,776,226.00 | 52x | -14.2x | 2.1x |
| Thu, 19 Sep 2024 | ₹18.2b | ₹8.2b | -₹1,207,776,226.00 | 53.9x | -15.1x | 2.2x |
| Sat, 17 Aug 2024 | ₹17.2b | ₹7.7b | -₹1,229,264,223.00 | 53.2x | -14x | 2.3x |
| Mon, 15 Jul 2024 | ₹18.0b | ₹7.5b | -₹1,229,902,223.00 | 46.9x | -14.6x | 2.4x |
| Wed, 12 Jun 2024 | ₹14.2b | ₹7.1b | -₹1,245,761,515.00 | 50.6x | -11.4x | 2x |
| Fri, 10 May 2024 | ₹13.6b | ₹7.1b | -₹1,610,064,515.00 | 53.3x | -8.4x | 1.9x |
| Sun, 07 Apr 2024 | ₹14.6b | ₹7.1b | -₹1,610,064,515.00 | 43.3x | -9.1x | 2.1x |
| Tue, 05 Mar 2024 | ₹16.3b | ₹7.1b | -₹1,610,064,515.00 | 53.1x | -10.1x | 2.3x |
| Thu, 01 Feb 2024 | ₹18.4b | ₹7.1b | -₹2,783,257,515.00 | 60.6x | -6.6x | 2.6x |
| Sat, 30 Dec 2023 | ₹12.3b | ₹7.1b | -₹2,783,257,515.00 | 33.2x | -4.4x | 1.7x |
| Mon, 27 Nov 2023 | ₹12.8b | ₹7.1b | -₹2,820,111,873.00 | 367.6x | -4.5x | 1.8x |
| Wed, 25 Oct 2023 | ₹11.5b | ₹7.1b | -₹2,374,214,873.00 | 345x | -4.8x | 1.6x |
| Fri, 22 Sep 2023 | ₹10.3b | ₹7.1b | -₹2,374,214,873.00 | 327.6x | -4.3x | 1.4x |
| Sun, 20 Aug 2023 | ₹9.4b | ₹7.0b | -₹2,446,713,661.00 | 15.8x | -3.8x | 1.3x |
| Tue, 18 Jul 2023 | ₹8.7b | ₹6.9b | -₹2,359,695,661.00 | 14.6x | -3.7x | 1.3x |
| Thu, 15 Jun 2023 | ₹8.3b | ₹6.9b | -₹2,359,695,661.00 | 14x | -3.5x | 1.2x |
| Sat, 13 May 2023 | ₹8.4b | ₹5.9b | -₹4,770,246,661.00 | 16.6x | -1.8x | 1.4x |
| Mon, 10 Apr 2023 | ₹8.1b | ₹5.9b | -₹4,770,246,661.00 | 16.3x | -1.7x | 1.4x |
| Wed, 08 Mar 2023 | ₹9.0b | ₹5.9b | -₹4,770,246,661.00 | 19.1x | -1.9x | 1.5x |
| Fri, 03 Feb 2023 | ₹9.5b | ₹5.9b | -₹4,806,583,661.00 | 19.7x | -2x | 1.6x |
Price to Earnings Ratio
-2x
Current Industry PE
- Investors are pessimistic on the Indian Highways and Railtracks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.3x which is higher than its 3-year average PE of -5.5x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Highways and Railtracks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 50% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Highways and Railtracks compare with similar industries?
| IN Market | -1.43% | |
| Industrials | -2.69% | |
| Infrastructure | -6.56% | |
| Highways and Railtracks | -1.82% | |
| Airport Services | 1.44% | |
| Marine Ports and Services | -6.62% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NOIDATOLL Noida Toll Bridge | ₹3.90 | 9.6% +₹63.3m | -22.2% | PS1.8x | |
| BRNL Bharat Road Network | ₹19.99 | 1.6% +₹26.0m | -50.8% | PE0.9x | |
| SADBHIN Sadbhav Infrastructure Project | ₹3.42 | 1.8% +₹21.1m | -37.5% | PS0.2x | |
| 533177 IL&FS Transportation Networks | ₹2.77 | 1.1% +₹9.9m | -40.9% | n/a |