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Highway Infrastructure share price & results

Highway Infrastructure Limited· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Indore-based infrastructure company executing EPC road/bridge/housing projects, NHAI toll fee-plaza collection, and residential-cum-commercial real estate across 11 Indian states.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue303 ₹ crore+170.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin1.3 %−9.1 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit1.1 ₹ crore−85.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity15.06 %+3.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-12.00 %−11.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)59.68 %+36.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 4 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Highway Infrastructure Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (3 achieved, 1 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Order Book Valuetargeting to make an order book of Rs. 1,000 crores by the end of this year.
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:Promise was for FY26 and remains achieved. No new updates.
Call transcript, Q1 FY27 · 18 Aug 2026		Achieved
EPC Bid Win RateApproximately 20% to 25%.
Call transcript, Q4 FY26 · 2 Jun 2026		Q4 FY26Q1 FY27:No specific update was provided on the EPC bid win rate for the quarter.
Call transcript, Q1 FY27 · 18 Aug 2026		Ghosted
EBITDA Marginexpecting 8%-12% in FY27-28.
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:Q1 FY27 EBITDA margin was very low (~1.6%) due to temporary factors. Management expects recovery, but this is a significant negative deviation from the target range, putting the promise at risk.
Call transcript, Q1 FY27 · 18 Aug 2026		At Risk

Source: Inve Guidance Tracker for Highway Infrastructure Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Highway Infrastructure Limited's 14 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

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Price

₹72.18 +17.31% · +₹10.65

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −7.6% 1Y

₹40.0₹50.0₹60.0₹70.0₹80.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 9 Feb 2026Q4 FY26 — 2 Jun 2026Q1 FY27 — 18 Aug 2026

1Y: ₹78.11 on 24 Oct 2025 → ₹72.18. High ₹78.66 (30 Oct 2025), low ₹41.03 (30 Mar 2026).

Previous close
₹61.53
Market cap
₹513 Cr
52-week range
₹41.03 – ₹78.66
One year
−6.51%
Price to earnings (TTM to Jun 2026)
19.98×
Return on equity (TTM to Jun 2026)
15.06%

Overview

Symbol
NSE:HILINFRA
Sector
Services
Exchange
NSE
Currency
INR

What Highway Infrastructure Limited does

Based on the company's own presentations, annual report and earnings calls.

Highway Infrastructure Limited operates across three verticals: EPC infrastructure construction (roads, bridges, industrial parks, affordable housing and town-planning works for government and private clients), toll fee-plaza collection and management under contracts with NHAI and state highway bodies, and real estate development (residential projects plus commercial properties leased out for hospitality and retail use). It also runs ancillary services at some toll plazas such as food courts, fuel stations and parking facilities.

Segments

  • EPC Infra
  • Tollway Collection
  • Real Estate
Execution experience
30+ years
Geographic presence
11 States & 1 Union Territory
Total completed projects
105+ (30+ ongoing)
EPC Infra projects
72 completed, 25 under construction
Tollway Collection projects
34 completed, 7 ongoing
Real estate units delivered
2,600+ residential and commercial units
Founded 1995Headquarters Indore, Madhya Pradesh, India Company website

How the price took the results

close before → close after

Q1 FY27
+4.1%
18 Aug
Q4 FY26
−0.7%
2 Jun
Q3 FY26
+1.3%
9 Feb
Q2 FY26
−0.7%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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