Business Update Neutral

2026-08-21 17:29

- ICRA reaffirmed credit ratings for H.G. Infra Engineering Limited's facilities totaling ₹5,600 Cr. - Long-term rating [ICRA]AA- (Stable), Short-term [ICRA]A1+. - Outlook revised to stable from positive for all instruments.

Governance Positive

2026-08-19 21:16

- The 24th Annual General Meeting (AGM) of H.G. Infra Engineering Limited was held on August 19, 2026, via Video Conferencing. - All 8 resolutions, including the adoption of financial statements for FY26 and the declaration of a final dividend of Rs. 2/- per equity share for FY26, were passed with the requisite majority. - The re-appointment of Mr. Harendra Singh as Managing Director and Mr. Vijendra Singh Choudhary as Director and Whole Time Director for a third term were approved. - Resolutions to increase the company's borrowing limits and limits for creation of charges/securities were also passed.

Governance Positive

2026-08-19 21:13

- The 24th Annual General Meeting of H.G. Infra Engineering Limited was held on August 19, 2026. Shareholders adopted FY26 financial statements, declared a final dividend of Rs. 2/- per equity share, and approved re-appointments of MD and WTD, along with increasing borrowing and charge creation limits.

Governance Positive

2026-08-19 20:55

- The 24th AGM was held on August 19, 2026. - Shareholders approved audited FY26 financial statements and declared a final dividend of ₹2/- per equity share. - Re-appointments of MD and WTD, along with increasing borrowing and charge creation limits, were also approved. All resolutions passed.

Business Update Positive

2026-08-18 17:20

- H.G. Infra Engineering Limited received a Letter of Intent from REC Power Development and Consultancy Limited on August 18, 2026. - The LOI is for construction of 220/132/33 kV AIS Substations at Ranipur and Chunar, UP, with associated lines. - Project awarded via tariff-based competitive bidding.

Business Update Neutral

2026-08-17 18:10

- The transcript for the Q1 FY27 Earnings Conference Call held on August 14, 2026, is now available. - It covers the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. - The transcript can be accessed on the company's website.

Routine Neutral

2026-08-14 14:59

New Filing detected. See link for details.

Financials Negative

2026-08-13 11:38

- Q1 FY27 Standalone Revenue ₹907.2Cr vs ₹1709.2Cr (▼46.9% YoY) - EBITDA ₹77.0Cr vs ₹235.7Cr (▼67.3% YoY) - PAT ₹28.3Cr vs ₹125.5Cr (▼77.5% YoY) - EBITDA Margin 8.49% vs 13.79% (▼530bps)

Financials Negative

2026-08-12 17:28

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹11,005.85Mn vs ₹14,822.02Mn (▼25.8% YoY) - EBITDA ₹1,567.87Mn vs ₹2,594.46Mn (▼39.6% YoY) - PAT ₹(445.18)Mn vs ₹992.64Mn (▼144.9% YoY, turned into loss) - EBITDA Margin 14.25% vs 17.50% (▼325bps)

Financials Negative

2026-08-12 17:08

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹907.24Cr vs ₹1,709.24Cr (▼46.91% YoY) - Standalone EBITDA ₹77.02Cr vs ₹235.67Cr (▼67.33% YoY) - Standalone PAT ₹28.27Cr vs ₹125.47Cr (▼77.40% YoY) - Standalone EBITDA Margin 8.49% vs 13.79% (▼530bps) - The Central Bureau of Investigation (CBI) initiated proceedings, taking four company employees into custody and confiscating cash; however, the company asserts there is no impact on financial results at this stage, and no charge sheet has been filed.

Business Update Positive

2026-08-11 18:17

- Order Win: H.G. Infra Engineering Limited won an order from Department of Skill, Employment & Entrepreneurship Government of Rajasthan for the Operation and Management of ITI Bhiwadi Cluster under PM-SETU (PPP mode). - Order Value: HGINFRA's share is ₹241 Crore. - Operation and Management Period: 10 Years.

Business Update Neutral

2026-08-10 17:35

- Concall Schedule - Concall Date: August 14, 2026 - Concall Time: 11:00 A.M. IST

Business Update Positive

2026-08-06 18:49

- H.G. Infra Engineering Limited invested ₹33.80 crore in its wholly-owned subsidiary, H.G. Gujarat Bess Private Limited, via a Rights issue for business expansion in the Battery energy storage system sector. The acquisition was completed on August 06, 2026.

Governance Neutral

2026-08-06 18:22

- Board Meeting scheduled for August 12, 2026. - Purpose: To consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. - Trading Window for designated persons is closed from July 01, 2026, till 48 hours after the declaration of financial results.

Business Update Neutral

2026-08-03 17:27

- Five step-down solar project subsidiaries (Ajmer, Bhiwadi, Jalore, Sanchore, Jaipur) were struck off by the Registrar of Companies on August 03, 2026. - The company stated this action has no material impact on its operations or financial position.

Governance Neutral

2026-07-29 17:50

- Notice of 24th Annual General Meeting (AGM) and Annual Report for FY 2025-26 web-link provided. - AGM on August 19, 2026, at 2:00 P.M. (IST) via VC/OAVM. - E-voting from August 16 to August 18, 2026. - Final Dividend Record date: August 12, 2026.

Routine Neutral

2026-07-28 22:39

- Submission of the Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26, which forms part of the Annual Report 2025-26. - Filed pursuant to Regulation 34(2)(f) & 53 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Governance Neutral

2026-07-28 22:27

- Company announced its 24th Annual General Meeting (AGM) to be held on Wednesday, August 19, 2026, at 02:00 p.m. (IST) through Video Conference/OAVM. - The Annual Report and Business Responsibility and Sustainability Report for the financial year 2025-26 have been submitted as per SEBI Listing Regulations.

Governance Positive

2026-07-28 22:09

- Notice of 24th Annual General Meeting (AGM) for FY 2025-26 to be held on August 19, 2026. Annual Report is submitted. - FY26 Consolidated Revenue ₹5,235 Cr, EBITDA ₹1,012 Cr (19.33% margin), PAT ₹330 Cr. - Management acknowledges challenges but maintains a positive outlook due to diversified order book and strategic initiatives.

Business Update Neutral

2026-07-28 12:31

- H.G. Bhilwara Solar Project Private Limited, a step-down wholly-owned subsidiary, has been struck off by the Registrar of Companies, effective July 28, 2026. - This action has no material impact on the company's operations or financial position.

Business Update Neutral

2026-07-23 21:14

- H.G. Infra Engineering Limited transferred its remaining 51% stake in H.G. Raipur Visakhapatnam OD-5 Private Limited, a subsidiary SPV. - The stake was transferred to Neo Infra Income Opportunities Fund, and the SPV ceases to be a subsidiary of the company.

Business Update Positive

2026-07-13 14:40

- Order Win: H.G. Infra Engineering Limited has been declared as L-1 bidder for a project from the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan. - Order Value: Approximately ₹41.23 Crore (representing 17.10% share of the estimated project cost of ₹241 Crore). - Completion Timeline: 10 Years. - Project Details: The order is for the Upgradation of Industrial Training Institutes (ITIs) under the National Scheme for ITI Upgradation Bhiwadi cluster, on a Public Private Partnership (PPP) mode.

Routine Neutral

2026-07-10 21:49

New Filing detected. See link for details.

Business Update Neutral

2026-07-07 15:05

- Six step-down wholly-owned subsidiaries of H.G. Infra Engineering Limited were struck off by the Registrar of Companies on July 07, 2026. - The company stated that this action will have no material impact on its operations or financial position.

Business Update Neutral

2026-07-01 10:03

- H.G. Bharatpur Solar Project Private Limited and H.G. Dudu Solar Project Private Limited, step-down subsidiaries, have been struck off by the Registrar of Companies. - Effective June 30, 2026, they ceased to be subsidiaries. - This action will have no material impact on the operations or financial position of the Company.

Business Update Positive

2026-06-30 21:18

- H.G. Infra Engineering Limited has acquired 100% equity shares of WR ER Part C Power Transmission Limited (an SPV) for ₹500,000 on June 30, 2026. - This acquisition is for a power transmission project, aligning with the company's strategic expansion in the power transmission sector.

Routine Neutral

2026-06-22 16:43

- The Trading Window for dealing in company securities will close from July 01, 2026. - It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.

Governance Neutral

2026-06-18 16:45

- Mr. Vikas Jain appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with effect from June 18, 2026. - Mr. Rajeev Mishra ceased to be CFO and KMP, transitioning to Head - Investor Relations and Corporate Affairs (Senior Management Personnel) from June 18, 2026. - Mr. Sanjay Bafna ceased to be categorized as Senior Management Personnel (Head - Accounts) but continues in employment.

Business Update Positive

2026-06-13 13:55

- H.G. Infra Engineering Limited received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited. - The LOI is for establishing an Inter-State Transmission system for the "WR-ER Inter - Regional Network Expansion Scheme – Part C" in Jharkhand. - Details regarding the order value were provided in an earlier announcement dated May 27, 2026.

Routine Neutral

2026-06-09 20:50

New Filing detected. See link for details.

Business Update Positive

2026-06-06 12:56

- H.G. Infra Engineering Limited (HGINFRA) received a Provisional Completion Certificate from Adani Road Transport Limited on June 05, 2026. - The certificate is for the EPC project of a 151.700 Kms section of the Meerut to Prayagraj "Ganga Expressway" in Uttar Pradesh. - The project, valued at ₹4970.99 Cr, had a provisional completion date of April 30, 2026.

Business Update Positive

2026-06-05 21:12

- H.G. Infra Engineering Limited transferred 49% stake in its subsidiary H.G. Raipur Visakhapatnam OD-5 Private Limited to Neo Infra Income Opportunities Fund for a consideration of ₹377.40 Crore. - The remaining 51% stake will be transferred on or before September 30, 2026. - The entity ceases to be a Wholly Owned Subsidiary but continues as a subsidiary of the company. - The disposed subsidiary contributed 6.22% to consolidated revenue and 4.28% to net worth for the financial year ended March 31, 2026.

Business Update Neutral

2026-06-02 14:50

- Earnings Call Transcript for Q4 & FY26, held on May 29, 2026, is now available. - The transcript covers Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. - It can be accessed on H.G. Infra Engineering Limited's website.

Business Update Positive

2026-06-01 10:53

H.G. Infra Engineering Limited's wholly-owned subsidiary received the appointed date of May 30, 2026, from the National Highways Authorities of India for the construction of a 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway (Package-10). The project cost is ₹1303.11 Cr, with an estimated construction period of 730 days.

Governance Neutral

2026-05-28 22:11

H.G. Infra Engineering Limited announced the re-appointment of Mr. Harendra Singh as Managing Director and Mr. Vijendra Singh Choudhary as Whole-Time Director for a further term of five consecutive years. The re-appointments are effective from May 15, 2027, until May 14, 2032, subject to the approval of shareholders at the 24th Annual General Meeting.

Financials Negative

2026-05-28 20:52

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹13,539.20Mn vs ₹19,730.10Mn (▼31.38% YoY), EBITDA ₹1,979.97Mn vs ₹3,402.91Mn (▼41.70% YoY), PAT ₹994.99Mn vs ₹2,123.72Mn (▼53.15% YoY). EBITDA Margin 14.62% vs 17.25% (▼263bps).

Financials Negative

2026-05-28 20:45

CRITICAL RED FLAG DETECTED

H.G. Infra Engineering Limited's standalone Q4 FY26 results show Revenue at ₹13,539.20 Mn vs ₹19,730.10 Mn (▼31.48% YoY), EBITDA at ₹1,268.54 Mn vs ₹2,829.20 Mn (▼55.12% YoY), and PAT at ₹994.99 Mn vs ₹2,123.72 Mn (▼53.15% YoY). EBITDA Margin contracted by 497bps from 14.34% to 9.37%. The Board recommended a final dividend of Rs. 2.00 per equity share (20%). Mr. Vikas Jain was appointed as the new CFO and KMP, with Mr. Rajeev Mishra transitioning to Head - Investor Relations.

Governance Negative

2026-05-28 20:40

CRITICAL RED FLAG DETECTED

The Board approved the Audited Standalone and Consolidated Financial Results for FY26 and Q4 FY26 and recommended a final dividend of Rs. 2.00 per equity share for FY26. Key managerial appointments included Mr. Vikas Jain as Chief Financial Officer and Mr. Janesh Kumar as Chief Human Resource Officer. The company disclosed a CBI/ACB investigation involving four employees taken into custody and searches at offices; management asserts no impact on financial results, but the matter is sub-judice.

Financials Negative

2026-05-28 20:11

CRITICAL RED FLAG DETECTED

The company's standalone financial results for the quarter ended March 31, 2026, show significant declines YoY: Revenue at ₹1,353.92 Cr vs ₹1,973.01 Cr (▼31.37%), EBITDA at ₹126.85 Cr vs ₹282.92 Cr (▼55.19%), and PAT at ₹99.50 Cr vs ₹212.37 Cr (▼53.15%). EBITDA Margin contracted from 14.34% to 9.37% (▼497 bps). The Board recommended a final dividend of Rs. 2.00 per equity share. The filing also disclosed an ongoing CBI/ACB investigation involving arrests of four employees and searches at company premises, though the company asserts no impact on the financial results. Mr. Vikas Jain was appointed as CFO and Mr. Janesh Kumar as CHRO.

Financials Negative

2026-05-28 20:04

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹1,353.92Cr vs ₹1,973.01Cr (▼31.5% YoY), EBITDA ₹126.85Cr vs ₹282.92Cr (▼55.1% YoY), PAT ₹99.50Cr vs ₹212.37Cr (▼53.2% YoY). EBITDA Margin 9.4% vs 14.3% (▼490bps). The Board also recommended a final dividend of Rs. 2.00 per equity share and approved the appointment of Mr. Vikas Jain as CFO and Mr. Janesh Kumar as CHRO.

Financials Negative

2026-05-28 19:56

CRITICAL RED FLAG DETECTED

The company has approved its Audited Standalone and Consolidated Financial Results for the year ended March 31, 2026. As the consolidated financial results table is not explicitly provided in the filing, the analysis is based on standalone figures. Standalone Revenue ₹5,666.68Cr vs ₹6,051.88Cr (▼6.36% YoY), EBITDA ₹733.42Cr vs ₹950.72Cr (▼22.85% YoY), PAT ₹389.14Cr vs ₹577.12Cr (▼32.60% YoY). EBITDA Margin 12.94% vs 15.71% (▼277bps). The Board recommended a final dividend of ₹2.00 per equity share for FY26. Mr. Vikas Jain was appointed as CFO and KMP, and Mr. Janesh Kumar as CHRO.

Financials Negative

2026-05-28 19:34

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹1,353.92 Cr vs ₹1,973.01 Cr (▼31.48% YoY), EBITDA ₹198.00 Cr vs ₹340.29 Cr (▼41.82% YoY), PAT ₹99.50 Cr vs ₹212.37 Cr (▼53.15% YoY). EBITDA Margin 14.62% vs 17.25% (▼263bps). The Board also recommended a final dividend of Rs. 2.00 per equity share for FY26.

Business Update Positive

2026-05-27 17:24

Order Win: H.G. Infra Engineering Limited has been declared a successful bidder by REC Power Development and Consultancy Limited for an Inter-State Transmission System project in Jharkhand on a Build, Own, Operate and Transfer (BOOT) basis. The project involves annual transmission charges of ₹114.534 Cr over a 35-year period, with an execution timeline of 30 months.

Business Update Positive

2026-05-26 16:36

H.G. Infra Engineering Limited has been declared a qualified bidder by REC Power Development and Consultancy Limited for a Build, Own, Operate, and Transfer (BOOT) project. This project involves establishing 220/132/33 kV AIS substations and associated lines in Uttar Pradesh. The construction phase is expected to be completed in 18 months, and the project will generate transmission charges of ₹45.011 Crores per year for a concession period of 35 years.

Business Update Neutral

2026-05-25 21:13

H.G. Infra Engineering Limited announced an Earnings Conference Call to be held on Friday, May 29, 2026, at 03:30 P.M. IST. The call will discuss the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Participants will include Mr. Harendra Singh (Chairman and Managing Director) and Mr. Rajeev Mishra (Chief Financial Officer).

541019

H.G. Infra Engineering Ltd

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