H.G. Infra Engineering Future Growth

Future criteria checks 2/6

H.G. Infra Engineering is forecast to grow earnings and revenue by 7% and 11.3% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 19.7% in 3 years.

Key information

7.0%

Earnings growth rate

8.3%

EPS growth rate

Construction earnings growth	23.9%
Revenue growth rate	11.3%
Future return on equity	19.7%
Analyst coverage	Good
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

H.G. Infra Engineering Limited (NSE:HGINFRA) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Apr 26

Calculating The Fair Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)

Apr 02

H.G. Infra Engineering (NSE:HGINFRA) Might Become A Compounding Machine

Jun 13

H.G. Infra Engineering (NSE:HGINFRA) Is Aiming To Keep Up Its Impressive Returns

Mar 10

Is H.G. Infra Engineering (NSE:HGINFRA) Using Too Much Debt?

Dec 23

H.G. Infra Engineering (NSE:HGINFRA) Is Reinvesting At Lower Rates Of Return

Jul 21

Shareholders Are Optimistic That H.G. Infra Engineering (NSE:HGINFRA) Will Multiply In Value

Jan 28

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

Oct 19

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

Aug 30

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

Aug 18

Returns On Capital At H.G. Infra Engineering (NSE:HGINFRA) Paint An Interesting Picture

Mar 19

Calculating The Intrinsic Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)

Mar 06

Is Now The Time To Put H.G. Infra Engineering (NSE:HGINFRA) On Your Watchlist?

Feb 22

The H.G. Infra Engineering (NSE:HGINFRA) Share Price Is Up 17% And Shareholders Are Holding On

Feb 10

Is H.G. Infra Engineering Limited's (NSE:HGINFRA) Latest Stock Performance A Reflection Of Its Financial Health?

Jan 28

When Should You Buy H.G. Infra Engineering Limited (NSE:HGINFRA)?

Jan 14

Should You Take Comfort From Insider Transactions At H.G. Infra Engineering Limited (NSE:HGINFRA)?

Dec 30

Here's Why H.G. Infra Engineering (NSE:HGINFRA) Can Manage Its Debt Responsibly

Dec 15

Are H.G. Infra Engineering's (NSE:HGINFRA) Statutory Earnings A Good Guide To Its Underlying Profitability?

Nov 27

Earnings and Revenue Growth Forecasts

NSEI:HGINFRA - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	65,936	5,982	4,398	N/A	12
3/31/2025	59,487	5,444	5,354	N/A	12
3/31/2024	52,049	5,052	2,155	N/A	12
12/31/2023	52,056	5,195	N/A	N/A	N/A
9/30/2023	50,261	5,483	-6,012	-2,826	N/A
6/30/2023	48,673	5,341	N/A	N/A	N/A
3/31/2023	46,220	4,932	-4,782	-1,393	N/A
12/31/2022	41,513	4,262	N/A	N/A	N/A
9/30/2022	39,246	3,959	-2,423	-626	N/A
6/30/2022	39,141	3,885	N/A	N/A	N/A
3/31/2022	37,514	3,800	-3,894	-3,218	N/A
12/31/2021	37,383	3,872	N/A	N/A	N/A
9/30/2021	35,388	3,544	-2,494	-1,394	N/A
6/30/2021	32,473	3,177	N/A	N/A	N/A
3/31/2021	26,097	2,367	-272	706	N/A
12/31/2020	21,833	1,799	N/A	N/A	N/A
9/30/2020	20,045	1,456	-844	230	N/A
6/30/2020	20,101	1,486	N/A	N/A	N/A
3/31/2020	22,239	1,666	-675	357	N/A
12/31/2019	21,697	1,509	N/A	N/A	N/A
9/30/2019	21,483	1,529	189	643	N/A
6/30/2019	20,964	1,375	N/A	N/A	N/A
3/31/2019	20,168	1,273	-633	656	N/A
12/31/2018	19,342	1,248	N/A	N/A	N/A
9/30/2018	17,050	1,081	N/A	N/A	N/A
6/30/2018	15,119	926	N/A	N/A	N/A
3/31/2018	13,927	843	-2,662	-78	N/A
3/31/2017	10,560	534	N/A	644	N/A
3/31/2016	7,409	302	N/A	294	N/A
3/31/2015	3,290	92	N/A	N/A	N/A
3/31/2014	4,395	172	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HGINFRA's forecast earnings growth (7% per year) is above the savings rate (6.7%).

Earnings vs Market: HGINFRA's earnings (7% per year) are forecast to grow slower than the Indian market (17.6% per year).

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

Revenue vs Market: HGINFRA's revenue (11.3% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: HGINFRA's revenue (11.3% 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 low in 3 years time (19.7%).

H.G. Infra Engineering Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 11% to ₹1,066

Price target increased by 9.1% to ₹963

Price target increased to ₹885

Price target increased to ₹565

Price target increased to ₹419

Consensus EPS estimates increase to ₹39.80

Recent updates

H.G. Infra Engineering Limited (NSE:HGINFRA) Stock Catapults 26% Though Its Price And Business Still Lag The Market

H.G. Infra Engineering Limited Appoints Mayank Sharma as President-Renewables, Effective from April 18, 2024

Investor sentiment improves as stock rises 16%

Now 20% overvalued after recent price rise

Calculating The Fair Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)

H.G. Infra Engineering Limited Announces Resignation of Brajesh Kumar Sohrot as President - Techno Commercial

H.G. Infra Engineering Limited Announces the Resignation of Arvind Khandelwal as President - Strategy, Effective March 18, 2024

Third quarter 2024 earnings released: EPS: ₹15.66 (vs ₹20.09 in 3Q 2023)

H.G. Infra Engineering Limited to Report Q3, 2024 Results on Feb 02, 2024

H.G. Infra Engineering Limited Announces Appointment of Neeraj Kumar Bansal as President-Railways & Metro, Effective from February 28, 2024

H.G. Infra Engineering Limited Announces Appointment of Rajeev Khanna as President - Finance & Accounts, Effective from March 01, 2024

Second quarter 2024 earnings released: EPS: ₹14.75 (vs ₹12.57 in 2Q 2023)

H.G. Infra Engineering Limited to Report Q2, 2024 Results on Nov 06, 2023

H.G. Infra Engineering Limited Announces Change in Management

H.G. Infra Engineering Limited Announces Resignation of Ashutosh Mathur, Senior Vice President -Technical

Upcoming dividend of ₹1.25 per share at 0.1% yield

First quarter 2024 earnings released: EPS: ₹23.08 (vs ₹16.79 in 1Q 2023)

H.G. Infra Engineering Limited to Report Q1, 2024 Results on Jul 31, 2023

H.G. Infra Engineering (NSE:HGINFRA) Might Become A Compounding Machine

Price target increased by 11% to ₹1,066

H.G. Infra Engineering Limited, Annual General Meeting, Aug 21, 2023

Full year 2023 earnings released: EPS: ₹75.68 (vs ₹58.31 in FY 2022)

H.G. Infra Engineering Limited to Report Q4, 2023 Results on May 10, 2023

H.G. Infra Engineering (NSE:HGINFRA) Is Aiming To Keep Up Its Impressive Returns

Price target increased by 9.1% to ₹963

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹20.09 (vs ₹15.43 in 3Q 2022)

H.G. Infra Engineering Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment improved over the past week

Is H.G. Infra Engineering (NSE:HGINFRA) Using Too Much Debt?

H.G. Infra Engineering Limited Appoints Rajeev Mishra as Chief Risk Officer

Second quarter 2023 earnings released: EPS: ₹12.57 (vs ₹11.43 in 2Q 2022)

H.G. Infra Engineering Limited to Report Q2, 2023 Results on Nov 09, 2022

H.G. Infra Engineering Limited Approves Dividend for the Financial Year 2021-22

H.G. Infra Engineering Limited to Report Q1, 2023 Results on Aug 01, 2022

H.G. Infra Engineering (NSE:HGINFRA) Is Reinvesting At Lower Rates Of Return

Upcoming dividend of ₹1.00 per share

Full year 2022 earnings released: EPS: ₹58.31 (vs ₹36.31 in FY 2021)

H.G. Infra Engineering Limited Proposes Dividend for the Financial Year 2021-22, Payable on or Before September 01, 2022

H.G. Infra Engineering Limited, Annual General Meeting, Aug 03, 2022

Full year 2022 earnings released: EPS: ₹58.31 (vs ₹36.31 in FY 2021)

H.G. Infra Engineering Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

H.G. Infra Engineering Limited to Report Q4, 2022 Results on May 23, 2022

H.G. Infra Engineering Limited Appoints Manjit Singh as Independent Director

Insufficient new directors

Price target increased to ₹885

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Shareholders Are Optimistic That H.G. Infra Engineering (NSE:HGINFRA) Will Multiply In Value

H.G. Infra Engineering Limited to Report Q3, 2022 Results on Feb 03, 2022

Second quarter 2022 earnings released: EPS ₹11.43 (vs ₹5.81 in 2Q 2021)

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

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

Upcoming dividend of ₹0.80 per share

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

Price target increased to ₹565

First quarter 2022 earnings released: EPS ₹15.50 (vs ₹3.06 in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Does H.G. Infra Engineering (NSE:HGINFRA) Deserve A Spot On Your Watchlist?

Price target increased to ₹419

Investor sentiment improved over the past week

Consensus EPS estimates increase to ₹39.80

We Think H.G. Infra Engineering (NSE:HGINFRA) Can Stay On Top Of Its Debt

Full year 2021 earnings released: EPS ₹36.31 (vs ₹25.57 in FY 2020)

H.G. Infra Engineering Limited Recommends a Final Dividend for the Financial Year Ended March 31, 2021

Should You Investigate H.G. Infra Engineering Limited (NSE:HGINFRA) At ₹266?

Returns On Capital At H.G. Infra Engineering (NSE:HGINFRA) Paint An Interesting Picture

Calculating The Intrinsic Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)

Is Now The Time To Put H.G. Infra Engineering (NSE:HGINFRA) On Your Watchlist?