H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — H1 FY2026 Earnings Presentation
19 slides from H.g. Infra Engineering's earnings presentation, Nov 12, 2025
Slide 1: Stock exchange filing cover letter
HGIEL/HO/COMPLIANCE/2025-26/552 November 12, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai- 400 001 Mumbai- 400 051 Scrip Code- 541019/977063 Scrip Symbol- HGINFRA Dear Sir/Mada
Slide 2: H.G. Infra Engineering Ltd. Investor Presentation Q2 & H1FY26
H.G. INFRA ENGINEERING LTD. Connecting Cities, Scaling for Success Elevating Transportation Infrastructure & Green Energy Investor Presentation – Q2 &H1FY26 www.hginfra.com
Slide 3: HG Infra: Redefining India's Infrastructure
HG Infra : Redefining India’s Infrastructure BUSINESS SEGMENTS BUILDING BLOCKS OF H.G 13 states Roads & Highways PAN India Presence across Revenue CAGR (FY 20-25) EBITDA CAGR (FY 20-25) 22.5% 22.7% 2,880+ Railway & Metro Modern Fleet Equipment PAT CAGR (FY 20-25) Order Book (as of Sept,25) 28.3% Rs.
Slide 4: Operational & Orderbook Highlights
Operational & Orderbook Highlights
Slide 5: Robust & Diversified Orderbook as September 2025
Robust & Diversified Orderbook as September 2025 Project Authority Sector Type Type % Completion Orderbook Karnal Munak Road 81.8% 1,745 Uttar Pradesh 7.7% Varanasi Ranchi Kolkata Highway P 10 6.5% 10,383 Varanasi-Ranchi-Kolkata Highway P 13 13.2% 6,941 Telangana 0.8% Raipur-Visakhapatnam OD5 95.2%
Slide 6: Significant Events and update on New Projects till Q2FY26
Significant Events and update on New Projects till Q2FY26 New Projects: Client Mode Project Name Tarif per MW Contract Duration EPC Cost State LOA Date 28.05.2025 Setting Up 300 MW/600MWh 12 Years from the project GUVNL BESS ₹2,85,600 ₹6,465 Mn Gujarat L1 intimation on battery energy Storage System
Slide 7: Significant Events and update on New Projects till Q2FY26
Significant Events and update on New Projects till Q2FY26 Declaration of completion date: Client Project Name Completion Date 1 PCC-02 w.e.f 31.03.2025 OD-Package 05 (Odisha) vide dated 21.08.2025 2 PCC-02 w.e.f 31.03.2025 OD-Package 06 (Odisha) vide dated 21.08.2025 3 PCC-01 w.e.f. 28.03.2025 KD- P
Slide 8: Significant Events and update on New Projects till Q2FY26
Significant Events and update on New Projects till Q2FY26 Completion Certificate: Client Project Name Completion Date w.e.f 25.05.2023 1 Rewari Bypass Package -4 vide dated 02.05.2025 w.e.f 31.12.2023 2 Delhi-Vadodara Package-9 vide dated 16.10.2025 7
Slide 9: Update on HAM Projects
Update on HAM Projects
Slide 10: Expanding HAM Projects
Expanding HAM Projects All figures in ₹ Million Expanding order book, equity commitment comfortably met Total Awarding Grant Invested Equity Debt as on Sep Project State Kms BPC Sanctioned Authority Amount till Sep FY26 2025 Debt Khammam Devarapalle Pkg-1 NHAI Telangana 33.6 7,721* 3,088 3,100 1,200
Slide 11: Financial Highlights
Financial Highlights
Slide 12: Standalone Highlights – Q2 & H1FY26
Standalone Highlights – Q2 & H1FY26 All figures in INR Million Revenue EBITDA PAT 16.4% 12.7% 8.3% 5.8% 11,537 Q2FY26 10,645 1,744 -16.0% 1,466 886 -24.1% 673 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 13.4% 16% 8.9% 6.7% 16.3% 2,282 -15.5% 1,928 H1FY26 25,703 28,630 4,177 -8.5% 3,822 H1FY25 H1FY26 H
Slide 13: Standalone profit & loss statement
Standalone profit & loss statement All figures in ₹ Million Particulars Q2 FY26 Q2 FY25 YoY H1FY26 H1FY25 YoY Revenue from Operations 11,537.47 10,644.52 8.4% 28,629.90 25,703.33 11.4% Cost of material consumed 4,250.82 5,270.99 12,208.34 12,019.60 Contract and site expenses 4,757.12 2,780.84 10,277
Slide 14: Consolidated profit & loss statement
Consolidated profit & loss statement All figures in ₹ Million Particulars Q2 FY26 Q2 FY25 YoY H1FY26 H1FY25 YoY Revenue from Operations 9,045.03 9,024.08 0.2% 23,867.05 24,304.47 -1.8% Cost of material consumed 3,176.98 5,270.99 9,511.18 12,019.60 Contract and site expenses 2,725.82 670.82 7,332.34
Slide 15: H1FY26 Balance Sheet
H1FY26 Balance Sheet All figures in ₹ Million PARTICULARS H1FY26 MAR’25 PARTICULARS H1FY26 MAR’25 Share Capital 651.71 651.71 Fixed Assets incl. CWIP 6,186.40 6,794.45 Reserves 29,987.70 28,196.06 Other Financial Assets 19,459.43 14,299.22 Shareholders' Funds 30,639.41 28,847.77 Other Non-Current As
Slide 16: Demonstrated Success
Demonstrated Success Strong Execution, Top Margins Revenue (Rs. Mn) EBITDA (Rs. Mn) PAT (Rs. Mn) & PAT Margin % 5 Year CAGR 5 Year CAGR 5 Year CAGR 60,519 22.5% 22.7% 28.3% 10.7% 51,217 9.4% 9.5% 9.5% 44,185 8.3% 7.5% 36,152 9,507 8,220 5,455 5,771 25,350 7,103 21,961 4,214 5,847 3,388 4,181 2,110 3
Slide 17: H.G. Infra: A leading EPC Player
H.G. Infra : A leading EPC Player Expanding Orderbook, Strong Execution,Superior Book to Bill Ratio Orderbook (Rs. Mn) Industry Leading EBITDA Margin Book to Bill Ratio (x) HG INFRA ENGINEERING LTD Industry Average HG Infra Industry Average 5 Year CAGR 3.2 16.6% 152,812 2.9 2.8 2.5 2.4 125,953 124,3
Slide 18: Creating a Resilient Financial Base
Creating a Resilient Financial Base Net Working Capital Days Debt to Equity Ratio (x) Debtor Days Inventory Days Creditor Days 41 days 33 days 31 days 23 days 25 days 37 days 0.37 91 95 88 0.45 79 77 82 73 64 62 57 0.28 0.28 49 54 55 0.23 45 42 43 0.19 36 36 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20
Slide 19: Investor Relation Contact / Company Contact
INVESTOR RELATION CONTACT / Go India Advisors COMPANY CONTACT Saloni Ajmera Rajeev Mishra (CFO) +91 9930577801 rajeev.mishra@hginfra.com saloni@goindiaadvisors.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C- Selina Sheikh Scheme, Jaipur - 302001 . +91 84338 18768 selina@goindiaadvisors.com
H.G. Infra Engineering — H1 FY2026 Earnings Presentation on 6ix