H.G. Infra Engineering
Logotype for H.G. Infra Engineering Limited

H.G. Infra Engineering (HGINFRA) investor relations material

H.G. Infra Engineering Q1 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for H.G. Infra Engineering Limited
Q1 26/27 earnings summary14 Aug, 2026

Executive summary

  • Q1 FY 2027 saw significant declines in revenue and profit due to industry sluggishness, project delays, and supply disruptions, with operations spanning roads, railways, solar, BESS, and transmission across 14 states and 36+ projects.

  • The Board and Audit Committee approved unaudited standalone and consolidated results, with no material misstatements found by auditors.

  • Significant divestment activity occurred, with the sale of stakes in multiple subsidiaries impacting exceptional items.

  • Diversification into renewables, BESS, and transmission continues, with aggressive scaling planned.

  • Corrective measures have been implemented to address execution bottlenecks, with expectations of recovery in the latter half of FY 2027.

Financial highlights

  • Standalone Q1 FY 2027 revenue: INR 9,072.36 million; EBITDA: INR 770 million (8.49% margin); PAT: INR 282.72 million (3.12% margin), down 46.9% and 77.5% year-over-year.

  • Consolidated Q1 FY 2027 revenue: INR 11,005.85 million; EBITDA: INR 3,040 million (27.6% margin); PAT: -INR 445.18 million (-4.04% margin), compared to INR 992.64 million profit in Q1 FY 2026.

  • Gross standalone debt as of June 26: INR 1,834 crore.

  • Five-year revenue CAGR (FY21-26): 17.5%; EBITDA CAGR: 11.9%; PAT CAGR: 13%.

  • Standalone net worth at quarter-end: INR 32,866.04 million; consolidated net worth: INR 32,193.14 million.

Outlook and guidance

  • FY 2027 revenue guidance: INR 6,000–6,500 crore, with Q2 expected at ~INR 1,000 crore and significant ramp-up in H2; FY 2028 revenue expected at ~INR 7,000 crore.

  • EBITDA margin guidance for FY 2027 and FY 2028: 13.5%–14%, with improvement expected in H2 FY 2027.

  • Order inflow target for FY 2027: INR 11,000–12,000 crore; INR 5,500 crore already received in Q1.

  • Equity commitments for HAM projects are comfortably met, with ongoing expansion in the order book.

  • Management assessed that ongoing legal proceedings have not impacted operations or financial position.

Details on OD-5 and OD-6 divestment losses
Status and operational impact of CBI investigation
Renewable Energy segment margin and revenue growth
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next H.G. Infra Engineering earnings date

Logotype for H.G. Infra Engineering Limited
Q2 26/276 Nov, 2026
H.G. Infra Engineering
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next H.G. Infra Engineering earnings date

Logotype for H.G. Infra Engineering Limited
Q2 26/276 Nov, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage