H.G. Infra Engineering stock rose after winning a 300 MW battery storage project in Gujarat. On a year-to-date basis, the stock price has declined by 26.17% while in the last 3 months the stock has gained over 11%. FY25 results showed a dip in revenue and profit year-on-year.
The share price of H.G. Infra Engineering soared by 2.18% to an intraday high of ₹1,134. As of May 29, 2025, 10:16 a.m., H.G. Infra Engineering Ltd.'s share price was ₹1,120, showing a minor increase of 0.84%. The company's market capitalisation stands at ₹7,300 crore.
On a year-to-date basis, the stock price has declined by 26.17% while in the last 3 months the stock has gained over 11%. In the longer period of 5 years, it has increased by 613%.
H.G. Infra Engineering Limited announced on May 28, 2025, the receipt of a significant Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd. This LOI is for the development of Standalone Battery Energy Storage Systems in Gujarat, awarded under the Tariff-Based Competitive Bidding (Phase-VI). The specific project secured by H.G. Infra Engineering is for 300 MW/600 MWh, forming a part of a larger 500 MW/1000 MWh initiative. The company expects to complete this project within 24 months.
For the quarter ended March 2025, H.G. Infra Engineering reported revenue from operations of ₹1,360.89 crore, registering a decline of 20.33% compared to ₹1,708.26 crore in the same quarter last year. Profit after tax (PAT) for the quarter also declined sharply by 46.66%, coming in at ₹134.32 crore against ₹251.80 crore in March 2024.
On an annual basis, the company's revenue from operations stood at ₹5,056.18 crore in FY25, down 5.99% from ₹5,378.48 crore recorded in FY24. The full-year PAT also dropped by 8.17% year-on-year, falling to ₹662.80 crore in FY25 from ₹721.76 crore in the previous financial year.
H.G. Infra Engineering Limited is an Indian infrastructure development company with over 21 years of experience, specialising in the construction, development, design, and management of various infrastructure projects. The company's core business involves Engineering, Procurement, and Construction (EPC) services, as well as the maintenance of roads, bridges, flyovers, and other infrastructure contract works.
H.G. Infra Engineering is actively involved in Hybrid Annuity Model (HAM) projects and has diversified its expertise to include railways, metro, and renewable energy projects like solar and Battery Energy Storage Systems (BESS). The company operates across more than 15 states in India, serving both government and private sector clients.
Disclaimer: The article is for informational purposes only and not investment advice.
For android only