HG Infra Engineering Ltd

The new entity has been formed as a Special Purpose Vehicle (SPV) to develop Standalone Battery Energy Storage Systems (BESS) in Gujarat as part of the government's Tariff-Based Competitive Bidding (TBCB)'Phase VI initiative. The SPV will operate in the battery energy storage segment, marking HGIEL's strategic entry into the renewable and sustainable energy segment. As a newly incorporated entity, the company stated that there is no immediate financial impact on its consolidated operations. The SPV has been incorporated with an authorised and subscribed share capital of Rs 15 lakh, comprising 1,50,000 equity shares of Rs 10 each. Being a wholly owned subsidiary, H.G. Choraniya Bess is classified as a related party under applicable regulations. However, HGIEL confirmed that, apart from the equity held by the parent company, neither the promoters, promoter group, nor any group companies have any direct or indirect interest in the new subsidiary. H.G. Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company reported a 22.65% decline in consolidated net profit to Rs 146.98 crore in Q4 FY25 as against Rs 190.03 crore posted in Q4 FY24. Revenue from operations fell 20.33% YoY to Rs 1,360.89 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

H.G. Infra Engineering has incorporated a wholly owned subsidiary company namely H.G. Choraniya Bess a Special Purpose Vehicle ('SPV') on 25 June 2025 for setting up of Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Competitive Bidding (Phase-VI). Powered by Capital Market - Live

The order pertains to the creation of an Integrated Material Handling Facility at the Naval Dockyard in Mumbai, awarded by the Military Engineer Services (MES), Maharashtra. The project is to be executed within 30 months, and the company confirmed that the transaction does not involve any related parties. Additionally, neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. H.G. Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company reported a 22.65% decline in consolidated net profit to Rs 146.98 crore in Q4 FY25 as against Rs 190.03 crore posted in Q4 FY24. Revenue from operations fell 20.33% YoY to Rs 1,360.89 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

H.G. Infra Engineering has been declared as lowest bidder for Creation of Integrated Material Handling Facility at the Naval Dockyard in Mumbai (ND (MBI)) by Military Engineer Services (MES) in the state of Maharashtra. The contract is valued at Rs 117.77 crore. Powered by Capital Market - Live

The project falls under the Eastern Region Generation Scheme'I (ERGS-I) and was awarded through a tariff-based competitive bidding process. It includes the operation and maintenance of the transmission system for a period of 35 years. The contract will be executed on a Build, Own, Operate & Transfer (BOOT) basis, with project completion scheduled for 28 March 2028. The approved transmission charges for the project are set at Rs 431.11 million tariff per year. H.G. Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company reported a 22.65% decline in consolidated net profit to Rs 146.98 crore in Q4 FY25 as against Rs 190.03 crore posted in Q4 FY24. Revenue from operations fell 20.33% YoY to Rs 1,360.89 crore in the quarter ended 31 March 2025. The scrip rose 0.58% to Rs 1,109 on the BSE. Powered by Capital Market - Live

H.G. Infra Engineering has been declared as lowest bidder for transmission service provider to establish Inter State Transmission system for 'Eastern Region Generation Scheme - I (ERGS-I)' through tariff based competitive bidding process in the state of Odisha.Powered by Capital Market - Live

H.G Infra Engg. announced that the Board of Directors of the Company at its meeting held on 21 May 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Revenue from operations fell 20.33% YoY to Rs 1,360.89 crore in the quarter ended 31 March 2025. Profit before tax tumbled 46.65% to Rs 134.32 crore in Q4 FY25 as against Rs 251.80 crore recorded in Q4 FY24. The company's total expenses slipped 15.90% YoY to Rs 1,229.59 crore in Q4 FY25. Employee benefits expense stood at Rs 76.87 crore (up 3.07% YoY) while finance costs stood at Rs 70.69 crore (up 46.17% YoY) during the period under review. On a full-year basis, the company's consolidated net profit fell 6.14% to Rs 505.47 crore on a 5.99% decrease in revenue from operations to Rs 5,056.18 crore in FY25 over FY24. Meanwhile, the company's board has recommended a final dividend of Rs 2 per equity share for the financial year ended 31 March 2025, subject to the approval of the shareholders at the ensuing 23rd Annual General Meeting (AGM) of the company. If approved, the dividend shall be paid within thirty days from the conclusion of the AGM. H.G. Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). Powered by Capital Market - Live

Net profit of H.G. Infra Engineering declined 22.65% to Rs 146.98 crore in the quarter ended March 2025 as against Rs 190.03 crore during the previous quarter ended March 2024. Sales declined 20.33% to Rs 1360.89 crore in the quarter ended March 2025 as against Rs 1708.26 crore during the previous quarter ended March 2024. For the full year,net profit declined 6.15% to Rs 505.47 crore in the year ended March 2025 as against Rs 538.59 crore during the previous year ended March 2024. Sales declined 5.99% to Rs 5056.18 crore in the year ended March 2025 as against Rs 5378.48 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1360.891708.26 -20 5056.185378.48 -6 OPM %17.6019.47 -20.9319.74 - PBDT171.82289.93 -41 808.69863.29 -6 PBT134.37251.93 -47 664.32722.12 -8 NP146.98190.03 -23 505.47538.59 -6 Powered by Capital Market - Live

H.G Infra Engg. will hold a meeting of the Board of Directors of the Company on 21 May 2025.Powered by Capital Market - Live