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HGIN

H.G. Infra EngineeringNSEI:HGINFRA Stock Report

Market Cap

₹47.2b

7D

3.1%

1Y

286.8%

Updated

21 Oct, 2021

Data

Company Financials +
HGINFRA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance6/6
Financial Health4/6
Dividends0/6

HGINFRA Overview

H.G. Infra Engineering Limited engages in the engineering, procurement, and construction business in India.

H.G. Infra Engineering Competitors

G R Infraprojects

BSE:543317

₹198.9b

Dilip Buildcon

BSE:540047

₹93.3b

PNC Infratech

BSE:539150

₹91.7b

IRB Infrastructure Developers

NSEI:IRB

₹86.0b

Price History & Performance

Summary of all time highs, changes and price drops for H.G. Infra Engineering
Historical stock prices
Current Share Price₹724.00
52 Week High₹174.20
52 Week Low₹785.00
Beta0.71
1 Month Change17.12%
3 Month Change51.01%
1 Year Change286.75%
3 Year Change315.97%
5 Year Changen/a
Change since IPO170.40%

Recent News & Updates

Oct 19
H.G. Infra Engineering's (NSE:HGINFRA) Returns On Capital Not Reflecting Well On The Business

H.G. Infra Engineering's (NSE:HGINFRA) Returns On Capital Not Reflecting Well On The Business

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Aug 30
Shareholders Would Not Be Objecting To H.G. Infra Engineering Limited's (NSE:HGINFRA) CEO Compensation And Here's Why

Shareholders Would Not Be Objecting To H.G. Infra Engineering Limited's (NSE:HGINFRA) CEO Compensation And Here's Why

It would be hard to discount the role that CEO Harendra Singh has played in delivering the impressive results at H.G...

Aug 18
These 4 Measures Indicate That H.G. Infra Engineering (NSE:HGINFRA) Is Using Debt Reasonably Well

These 4 Measures Indicate That H.G. Infra Engineering (NSE:HGINFRA) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

HGINFRAIN ConstructionIN Market
7D3.1%0.07%-1.0%
1Y286.8%88.6%63.7%

Return vs Industry: HGINFRA exceeded the Indian Construction industry which returned 88.6% over the past year.

Return vs Market: HGINFRA exceeded the Indian Market which returned 63.7% over the past year.

Price Volatility

Is HGINFRA's price volatile compared to industry and market?
HGINFRA volatility
HGINFRA Beta0.71
Industry Beta0.89
Market Beta1

Stable Share Price: HGINFRA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HGINFRA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20031,965Harendra Singhhttps://www.hginfra.com

H.G. Infra Engineering Limited engages in the engineering, procurement, and construction business in India. It constructs and maintains roads, bridges, flyovers, and other infrastructure contract works. The company offers civil construction projects comprising extension and grading of runways, railways, and land development.

H.G. Infra Engineering Fundamentals Summary

How do H.G. Infra Engineering's earnings and revenue compare to its market cap?
HGINFRA fundamental statistics
Market Cap₹47.18b
Earnings (TTM)₹3.18b
Revenue (TTM)₹32.47b

14.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HGINFRA income statement (TTM)
Revenue₹32.47b
Cost of Revenue₹24.84b
Gross Profit₹7.64b
Expenses₹4.46b
Earnings₹3.18b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)48.75
Gross Margin23.52%
Net Profit Margin9.78%
Debt/Equity Ratio74.5%

How did HGINFRA perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

2%

Payout Ratio

Valuation

Is H.G. Infra Engineering undervalued compared to its fair value and its price relative to the market?

14.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HGINFRA (₹724) is trading above our estimate of fair value (₹410.19)

Significantly Below Fair Value: HGINFRA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HGINFRA is good value based on its PE Ratio (14.8x) compared to the Indian Construction industry average (19.4x).

PE vs Market: HGINFRA is good value based on its PE Ratio (14.8x) compared to the Indian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: HGINFRA is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: HGINFRA is overvalued based on its PB Ratio (4.4x) compared to the IN Construction industry average (1.1x).


Future Growth

How is H.G. Infra Engineering forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HGINFRA's forecast earnings growth (14.7% per year) is above the savings rate (6.7%).

Earnings vs Market: HGINFRA's earnings (14.7% per year) are forecast to grow slower than the Indian market (18.9% per year).

High Growth Earnings: HGINFRA's earnings are forecast to grow, but not significantly.

Revenue vs Market: HGINFRA's revenue (14.9% per year) is forecast to grow faster than the Indian market (12.8% per year).

High Growth Revenue: HGINFRA's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HGINFRA's Return on Equity is forecast to be high in 3 years time (24.2%)


Past Performance

How has H.G. Infra Engineering performed over the past 5 years?

31.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HGINFRA has high quality earnings.

Growing Profit Margin: HGINFRA's current net profit margins (9.8%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: HGINFRA's earnings have grown significantly by 31% per year over the past 5 years.

Accelerating Growth: HGINFRA's earnings growth over the past year (113.8%) exceeds its 5-year average (31% per year).

Earnings vs Industry: HGINFRA earnings growth over the past year (113.8%) exceeded the Construction industry 11.2%.


Return on Equity

High ROE: HGINFRA's Return on Equity (29.9%) is considered high.


Financial Health

How is H.G. Infra Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: HGINFRA's short term assets (₹17.5B) exceed its short term liabilities (₹9.7B).

Long Term Liabilities: HGINFRA's short term assets (₹17.5B) exceed its long term liabilities (₹6.5B).


Debt to Equity History and Analysis

Debt Level: HGINFRA's debt to equity ratio (74.5%) is considered high.

Reducing Debt: HGINFRA's debt to equity ratio has reduced from 83.9% to 74.5% over the past 5 years.

Debt Coverage: HGINFRA's debt is not well covered by operating cash flow (8.9%).

Interest Coverage: HGINFRA's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Dividend

What is H.G. Infra Engineering current dividend yield, its reliability and sustainability?

0.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HGINFRA's dividend (0.11%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: HGINFRA's dividend (0.11%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).


Stability and Growth of Payments

Stable Dividend: HGINFRA is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: HGINFRA is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: HGINFRA is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HGINFRA's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Harendra Singh (54 yo)

4.42yrs

Tenure

₹22,050,000

Compensation

Mr. Harendra Singh has served as a Managing Director since May 15, 2017 and serves as Chairman at H.G. Infra Engineering Limited. He holds a bachelor’s degree in Engineering (Civil) from Jodhpur University...


CEO Compensation Analysis

Compensation vs Market: Harendra's total compensation ($USD294.61K) is about average for companies of similar size in the Indian market ($USD381.65K).

Compensation vs Earnings: Harendra's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HGINFRA's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: HGINFRA's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

H.G. Infra Engineering Limited's employee growth, exchange listings and data sources


Key Information

  • Name: H.G. Infra Engineering Limited
  • Ticker: HGINFRA
  • Exchange: NSEI
  • Founded: 2003
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹47.184b
  • Shares outstanding: 65.17m
  • Website: https://www.hginfra.com

Number of Employees


Location

  • H.G. Infra Engineering Limited
  • Sheel Mohar Plaza, A-1
  • III Floor
  • Jaipur
  • Rajasthan
  • 302001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:18
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.