Highway Infrastructure (NSE:HILINFRA) Has A Pretty Healthy Balance Sheet
Dec 18
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Indian (NIFTY) Highways and Railtracks Industry Analysis
UpdatedJan 20, 2026
DataAggregated Company Financials
Companies7
- 7D-0.2%
- 3M-8.9%
- 1Y-43.1%
- YTDn/a
In the last week, the Highways and Railtracks industry is flat overall, with Highway Infrastructure standing out by going down 3.3%. As for the longer term, the industry has declined 43% in the last year.
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, 20 Jan 2026 | ₹35.6b | ₹19.9b | ₹6.6b | 12.2x | 5.4x | 1.8x |
| Thu, 18 Dec 2025 | ₹37.1b | ₹19.9b | ₹6.6b | 13x | 5.6x | 1.9x |
| Sat, 15 Nov 2025 | ₹37.7b | ₹20.3b | ₹6.5b | 14.7x | 5.8x | 1.9x |
| Mon, 13 Oct 2025 | ₹15.9b | ₹11.0b | ₹2.2b | 22.9x | 7.2x | 1.4x |
| Wed, 10 Sep 2025 | ₹16.0b | ₹11.0b | ₹2.2b | 23.8x | 7.3x | 1.5x |
| Fri, 08 Aug 2025 | ₹9.4b | ₹6.8b | ₹1.5b | 15.4x | 6.3x | 1.4x |
| Sun, 06 Jul 2025 | ₹10.1b | ₹6.8b | ₹1.5b | 15.6x | 6.8x | 1.5x |
| Tue, 03 Jun 2025 | ₹9.5b | ₹6.8b | ₹1.5b | 15.1x | 6.4x | 1.4x |
| Thu, 01 May 2025 | ₹10.7b | ₹7.6b | -₹1,171,677,473.00 | 20.5x | -9.1x | 1.4x |
| Sat, 29 Mar 2025 | ₹10.2b | ₹7.6b | -₹1,171,677,473.00 | 19.4x | -8.7x | 1.3x |
| Mon, 24 Feb 2025 | ₹12.6b | ₹7.6b | -₹1,171,677,473.00 | 18.6x | -10.7x | 1.7x |
| Wed, 22 Jan 2025 | ₹16.2b | ₹8.0b | -₹736,093,473.00 | 113.1x | -22x | 2x |
| Fri, 20 Dec 2024 | ₹20.2b | ₹8.0b | -₹736,093,473.00 | 126.3x | -27.4x | 2.5x |
| Sun, 17 Nov 2024 | ₹16.8b | ₹8.2b | -₹1,222,276,473.00 | 91.3x | -13.7x | 2.1x |
| Tue, 15 Oct 2024 | ₹17.6b | ₹8.2b | -₹1,207,776,226.00 | 52.5x | -14.5x | 2.1x |
| Thu, 12 Sep 2024 | ₹18.1b | ₹7.7b | -₹1,229,264,223.00 | 55.2x | -14.7x | 2.4x |
| Sat, 10 Aug 2024 | ₹16.6b | ₹7.5b | -₹1,229,902,223.00 | 47.6x | -13.5x | 2.2x |
| Mon, 08 Jul 2024 | ₹18.3b | ₹7.5b | -₹1,229,902,223.00 | 46.8x | -14.9x | 2.4x |
| Wed, 05 Jun 2024 | ₹13.6b | ₹7.3b | -₹1,245,761,515.00 | 50.6x | -10.9x | 1.9x |
| Fri, 03 May 2024 | ₹14.4b | ₹7.1b | -₹1,610,064,515.00 | 56.5x | -9x | 2x |
| Sun, 31 Mar 2024 | ₹12.8b | ₹7.1b | -₹1,610,064,515.00 | 43.3x | -7.9x | 1.8x |
| Tue, 27 Feb 2024 | ₹17.4b | ₹7.1b | -₹1,610,064,515.00 | 63x | -10.8x | 2.4x |
| Thu, 25 Jan 2024 | ₹17.4b | ₹7.1b | -₹2,783,257,515.00 | 51.5x | -6.2x | 2.4x |
| Sat, 23 Dec 2023 | ₹12.7b | ₹7.1b | -₹2,820,111,873.00 | 372.8x | -4.5x | 1.8x |
| Mon, 20 Nov 2023 | ₹13.0b | ₹7.1b | -₹2,820,111,873.00 | 394.9x | -4.6x | 1.8x |
| Wed, 18 Oct 2023 | ₹12.1b | ₹7.1b | -₹2,374,214,873.00 | 377.8x | -5.1x | 1.7x |
| Fri, 15 Sep 2023 | ₹9.9b | ₹7.1b | -₹2,374,214,873.00 | 271.6x | -4.2x | 1.4x |
| Sun, 13 Aug 2023 | ₹9.8b | ₹6.9b | -₹2,359,695,661.00 | 16.5x | -4.2x | 1.4x |
| Tue, 11 Jul 2023 | ₹8.1b | ₹6.9b | -₹2,359,695,661.00 | 13.5x | -3.5x | 1.2x |
| Thu, 08 Jun 2023 | ₹8.7b | ₹7.0b | -₹2,359,695,661.00 | 14.4x | -3.7x | 1.3x |
| Sat, 06 May 2023 | ₹8.2b | ₹5.9b | -₹4,770,246,661.00 | 15.1x | -1.7x | 1.4x |
| Mon, 03 Apr 2023 | ₹7.5b | ₹5.9b | -₹4,770,246,661.00 | 14.1x | -1.6x | 1.3x |
| Wed, 01 Mar 2023 | ₹8.8b | ₹5.9b | -₹4,770,246,661.00 | 18.3x | -1.8x | 1.5x |
| Fri, 27 Jan 2023 | ₹10.0b | ₹5.9b | -₹4,806,583,661.00 | 20.5x | -2.1x | 1.7x |
Price to Earnings Ratio
-2.1x
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 5.4x which is higher than its 3-year average PE of -5.6x.
- 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 | -0.69% | |
| Industrials | -1.46% | |
| Infrastructure | -1.93% | |
| Highways and Railtracks | -0.19% | |
| Marine Ports and Services | -1.95% | |
| Airport Services | -2.54% | |
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 | |
|---|---|---|---|---|---|
| 543391 Suyog Gurbaxani Funicular Ropeways | ₹122.00 | 2.7% +₹80.8m | -47.2% | PE21.3x | |
| ANANTAM Anantam Highways Trust | ₹103.99 | 0.08% +₹17.4m | n/a | PE5.5x |