NSEI:HGINFRA

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H.G. Infra Engineering

Executive Summary

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


Snowflake Analysis

Undervalued with reasonable growth potential.


Similar Companies

Share Price & News

How has H.G. Infra Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HGINFRA is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HGINFRA's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

HGINFRA

5.4%

IN Construction

2.3%

IN Market


1 Year Return

-18.6%

HGINFRA

-15.9%

IN Construction

7.4%

IN Market

Return vs Industry: HGINFRA underperformed the Indian Construction industry which returned -15.9% over the past year.

Return vs Market: HGINFRA underperformed the Indian Market which returned 7.4% over the past year.


Shareholder returns

HGINFRAIndustryMarket
7 Day2.8%5.4%2.3%
30 Day7.2%14.2%8.1%
90 Day-8.5%9.2%10.0%
1 Year-18.6%-18.6%-13.3%-15.9%9.4%7.4%
3 Yearn/a-24.4%-28.1%5.2%0.1%
5 Yearn/a11.7%3.8%52.4%41.0%

Long-Term Price Volatility Vs. Market

How volatile is H.G. Infra Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HGINFRA (₹202.15) is trading below our estimate of fair value (₹525.58)

Significantly Below Fair Value: HGINFRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HGINFRA is good value based on its PE Ratio (9x) compared to the IN Construction industry average (12.5x).

PE vs Market: HGINFRA is good value based on its PE Ratio (9x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: HGINFRA is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: HGINFRA is overvalued based on its PB Ratio (1.5x) compared to the IN Construction industry average (0.6x).


Next Steps

Future Growth

How is H.G. Infra Engineering forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

20.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HGINFRA's forecast earnings growth (20.1% per year) is above the savings rate (7.2%).

Earnings vs Market: HGINFRA's earnings (20.1% per year) are forecast to grow slower than the Indian market (24.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HGINFRA's revenue (22.5% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: HGINFRA's revenue (22.5% per year) is forecast to grow faster 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 (18.5%).


Next Steps

Past Performance

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

26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HGINFRA has a high level of non-cash earnings.

Growing Profit Margin: HGINFRA's current net profit margins (7.3%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: HGINFRA's earnings have grown significantly by 26.3% per year over the past 5 years.

Accelerating Growth: HGINFRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HGINFRA had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Construction industry average (-18.4%).


Return on Equity

High ROE: HGINFRA's Return on Equity (16.5%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: HGINFRA's short term assets (₹16.3B) exceed its short term liabilities (₹9.9B).

Long Term Liabilities: HGINFRA's short term assets (₹16.3B) exceed its long term liabilities (₹4.0B).


Debt to Equity History and Analysis

Debt Level: HGINFRA's debt to equity ratio (66.9%) is considered high.

Reducing Debt: HGINFRA's debt to equity ratio has reduced from 72.4% to 66.9% over the past 5 years.

Debt Coverage: HGINFRA's debt is not well covered by operating cash flow (3.9%).

Interest Coverage: HGINFRA's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HGINFRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HGINFRA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HGINFRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HGINFRA's dividend payments have been 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?

3.2yrs

Average management tenure


CEO

Harendra Singh (53 yo)

3.5yrs

Tenure

₹21,600,000

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 ($USD290.88K) is about average for companies of similar size in the Indian market ($USD291.71K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Harendra Singh
Chairman & MD3.5yrs₹21.60m0.00031%
₹ 40.8k
Avadhesh Pratap Misra
President1.33yrs₹4.02mno data
Rajeev Mishra
Chief Financial Officer3.5yrs₹2.24mno data
Ankita Mehra
Compliance Officer & Company Secretary3.17yrs₹516.00kno data
Vijendra Singh
Whole-Time Director17.83yrs₹12.00m0.00015%
₹ 19.8k
Dinesh Goyal
Executive Director2.5yrs₹1.20m0.0015%
₹ 201.6k
Sanjay Bafna
Senior Vice President0.75yr₹850.86kno data
Chandrashekhar Kasture
Vice Presidentno data₹3.84mno data
Vinod Agrawal
Assistant Vice President of Accounts & Commercialsno datano datano data
Sudhir Jain
Assistant VP of Technical & Project Directorno datano datano data
Rakesh Shivarn
Project Head & Senior GM of Civilno datano datano data
Satish Sharma
Assistant Vice President of Supply Chain Managementno datano datano data

3.2yrs

Average Tenure

53yo

Average Age

Experienced Management: HGINFRA's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harendra Singh
Chairman & MD3.5yrs₹21.60m0.00031%
₹ 40.8k
Vijendra Singh
Whole-Time Director17.83yrs₹12.00m0.00015%
₹ 19.8k
Dinesh Goyal
Executive Director2.5yrs₹1.20m0.0015%
₹ 201.6k
Ashok Thakur
Non-Executive Independent Director3.5yrs₹450.00kno data
Pooja Goyal
Non-Executive Independent Director3.5yrs₹370.00kno data
Onkar Singh
Non-Executive Independent Director3.17yrs₹510.00kno data

3.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: HGINFRA's board of directors are considered experienced (3.5 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 company bio, 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: ₹13.174b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HGINFRANSEI (National Stock Exchange of India)YesEquity SharesININRMar 2018
541019BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2018

Biography

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. Th...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 04:36
End of Day Share Price2020/11/23 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.