About Highway Infrastructure Limited
Data last updated: 17 February 2026
Highway Infrastructure Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 10 February 2006, the company has been in operation for over 20 years.
Registered with ROC Gwalior under CIN U45203MP2006PLC018398.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹35.86 Cr. Formerly known as Highway Infrastructure Private Limited. It is led by directors including Anoop Agrawal and Riddharth Jain.
Last AGM: 17 July 2025. Financial statements filed for year ended 31 March 2025. Office: 57 – Fa Scheme No. 94 Pipliyahana Junction Ring Road, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2025, the company reported a revenue of ₹504.48 Cr, a decline of 13% compared to the previous year.
The company has a workforce of approximately 312 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Highway Infrastructure. As per MCA filings, the company has open charges of ₹197.97 Cr and satisfied charges of ₹76.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highwayinfrastructure.in.
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Email*****@*****.com
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Telephone**************
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Website
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Social Media
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Registered Address57 – Fa Scheme No. 94 Pipliyahana Junction Ring Road, Indore, Madhya Pradesh, India – 452016
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IndustryInfrastructure and Utilities, Road & Bridge Construction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Highway Infrastructure Limited
Highway Infrastructure Limited has one previous CIN (Corporate Identification Number): U45203MP2006PTC018398. The current CIN is U45203MP2006PLC018398, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MP2006PLC018398 | Current |
| U45203MP2006PTC018398 | Previous |
Associated Brands with Highway Infrastructure Limited
Highway Infrastructure Limited operates one associated brand: Highway Infrastructure. These brands represent Highway Infrastructure Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Infrastructure projects for roads, highways, and bridges are delivered. | highwayinfrastructure.in |
Competitors & Alternatives of Highway Infrastructure Limited
Brands and companies operating in the same space as Highway Infrastructure Limited include Construction Partners, Transurban, Highway Concessions One Private and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Construction Partners
|
Provider of construction services | Dothan, United States, United States | 2001 |
Transurban
|
Road infrastructure development and management services are provided internationally. | Melbourne, Australia, Australia | 1995 |
Highway Concessions One Private
|
Highway concessions are invested in, operated, and managed across India. | Mumbai, India, India | 2010 |
G R Infraprojects
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EPC provider for infrastructure projects and manufacturer of related materials | Udaipur, India, India | 1995 |
IL&FS Transportation
|
Developer and operator of transportation infrastructure projects, including highways and tunnels | Mumbai, India, India | 2000 |
Colas
|
Road infrastructure development services are provided worldwide. | Paris, France, France | 1929 |
SMEC
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Provider of road infrastructure development services | Brisbane, Australia, Australia | 1970 |
American Track
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Railroad infrastructure development services are provided by American Track. | Fort Worth, United States, United States | 2021 |
FCC Construccion
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Developer of highways infrastructure | Madrid, Spain, Spain | 1900 |
Business Activity of Highway Infrastructure Limited
Highway Infrastructure Limited is engaged in principal business activities including construction and real estate, with detailed activities including roads, railways, utility projects, real estate activities on fee or contract basis. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | ********* |
| L | Real Estate | L2 | Real estate activities on fee or contract basis | ********* |
Auditor Details of Highway Infrastructure Limited
Highway Infrastructure Limited is audited by M/s. Anil Kamal Garg & Company (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. Anil Kamal Garg & Company (ICAI peer reviewed, certificate valid till 2026-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Highway Infrastructure Limited
Highway Infrastructure Limited is currently managed by 10 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Agrawal | Whole-Time Director | 10 Feb 2006 | 20 Years 4 Months | Current |
| Riddharth Jain | Director | 01 Mar 2024 | 2 Years 4 Months | Current |
| Ujjwal Kumar Ghosh | Director | 01 Jul 2024 | 2 Years 0 Months | Current |
| Arun Kumar Jain | Managing Director | 10 Feb 2006 | 20 Years 4 Months | Current |
| Ritika Agrawal | Director | 01 Jul 2024 | 2 Years 0 Months | Current |
| Vinayak Parkhi | Additional Director | 06 Nov 2025 | 0 Years 8 Months | Current |
Financials of Highway Infrastructure Limited FY 2026 filings available
Highway Infrastructure Limited reported revenue of ₹608 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹608 Cr |
| Other Income | ₹25.42 Cr |
| Total Income | ₹633.42 Cr |
| Cost of Materials Consumed | ₹571.87 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹15.41 Cr |
| Employee Benefit Expense | ₹14.16 Cr |
| Finance Costs | ₹6.35 Cr |
| Depreciation & Amortisation | ₹2.51 Cr |
| Other Expenses | ₹11.32 Cr |
| Total Expenses | ₹590.8 Cr |
| Profit Before Exceptional Items & Tax | ₹42.62 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹42.62 Cr |
| Total Tax Expense | ₹10.82 Cr |
| Net Profit | ₹31.81 Cr |
| attributable to NCI | -₹25.56 Lakh |
| Other Comprehensive Income | ₹3.61 Lakh |
| Total Comprehensive Income | ₹31.84 Cr |
| EBITDA (computed) | ₹51.48 Cr |
| Basic EPS | ₹4.80 |
| Diluted EPS | ₹4.80 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹377.2 Cr |
| Non-current Assets | ₹99.94 Cr |
| Current Assets | ₹277.26 Cr |
| Property, Plant & Equipment | ₹15.59 Cr |
| Inventories | ₹90.32 Cr |
| Trade Receivables | ₹64.72 Cr |
| Cash & Equivalents | ₹6.2 Cr |
| Equity (Net Worth) | ₹228.53 Cr |
| Equity Share Capital | ₹35.86 Cr |
| Borrowings (Non-current) | ₹15.64 Cr |
| Borrowings (Current) | ₹88.03 Cr |
| Total Debt (computed) | ₹103.67 Cr |
| Current Liabilities | ₹132.6 Cr |
| Total Liabilities | ₹148.67 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹66.39 Cr |
| Investing Cash Flow | -₹48.08 Cr |
| Financing Cash Flow | ₹108.66 Cr |
| Capital Expenditure | ₹7.08 Cr |
| Free Cash Flow (computed) | -₹73.47 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹5.82 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹274.63 Cr | ₹126.86 Cr | ₹94.57 Cr | ₹111.95 Cr |
| Other Income | ₹2.58 Cr | ₹1.58 Cr | ₹20.74 Cr | ₹52.37 Lakh |
| Total Income | ₹277.2 Cr | ₹128.43 Cr | ₹115.31 Cr | ₹112.47 Cr |
| Cost of Materials Consumed | ₹245.35 Cr | ₹124.76 Cr | ₹98.1 Cr | ₹103.65 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹8.31 Cr | -₹12.24 Cr | -₹4.86 Cr | -₹6.62 Cr |
| Employee Benefit Expense | ₹4.74 Cr | ₹4.48 Cr | ₹2.38 Cr | ₹2.55 Cr |
| Finance Costs | ₹2.98 Cr | ₹1.14 Cr | ₹46.4 Lakh | ₹1.77 Cr |
| Depreciation & Amortisation | ₹71.92 Lakh | ₹61.1 Lakh | ₹60.5 Lakh | ₹57.37 Lakh |
| Other Expenses | ₹2.71 Cr | ₹1.82 Cr | ₹5.96 Cr | ₹84.16 Lakh |
| Total Expenses | ₹264.81 Cr | ₹120.56 Cr | ₹102.65 Cr | ₹102.77 Cr |
| Profit Before Exceptional Items & Tax | ₹12.39 Cr | ₹7.87 Cr | ₹12.66 Cr | ₹9.7 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.39 Cr | ₹7.87 Cr | ₹12.66 Cr | ₹9.7 Cr |
| Total Tax Expense | ₹3.7 Cr | ₹1.62 Cr | ₹2.99 Cr | ₹2.51 Cr |
| Net Profit | ₹8.69 Cr | ₹6.25 Cr | ₹9.67 Cr | ₹7.19 Cr |
| attributable to Owners | - | ₹0 | ₹0 | ₹0 |
| attributable to NCI | -₹12.66 Lakh | ₹15.4 Lakh | ₹8.03 Lakh | -₹5.57 Lakh |
| Other Comprehensive Income | ₹4.01 Lakh | -₹13,000 | -₹16,000 | -₹2,000 |
| Total Comprehensive Income | ₹8.73 Cr | ₹6.25 Cr | ₹9.67 Cr | ₹7.19 Cr |
| EBITDA (computed) | ₹16.09 Cr | ₹9.62 Cr | ₹13.73 Cr | ₹12.05 Cr |
| Basic EPS | ₹1.31 | ₹0.96 | ₹1.28 | ₹1.25 |
| Diluted EPS | ₹1.31 | ₹0.96 | ₹1.28 | ₹1.25 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Toll Division | ₹211.16 Cr | ₹13.49 Cr | ₹0 | ₹0 |
| Work Contract Division Machineries & Equipments Hire Division | ₹59.76 Cr | ₹3.99 Cr | ₹0 | ₹0 |
| Real Estate Division | ₹3.7 Cr | ₹3.48 Cr | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Toll Division | ₹471.44 Cr | ₹30.92 Cr | - | - |
| Work Contract Division Machineries & Equipments Hire Division | ₹126.44 Cr | ₹16.02 Cr | - | - |
| Real Estate Division | ₹10.13 Cr | ₹4.6 Cr | - | - |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹600.39 Cr |
| Other Income | ₹27.14 Cr |
| Total Income | ₹627.53 Cr |
| Cost of Materials Consumed | ₹568.88 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹17.73 Cr |
| Employee Benefit Expense | ₹13.61 Cr |
| Finance Costs | ₹6.32 Cr |
| Depreciation & Amortisation | ₹2.44 Cr |
| Other Expenses | ₹10.92 Cr |
| Total Expenses | ₹584.44 Cr |
| Profit Before Exceptional Items & Tax | ₹43.09 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹43.09 Cr |
| Total Tax Expense | ₹10.99 Cr |
| Net Profit | ₹32.1 Cr |
| Other Comprehensive Income | ₹3.6 Lakh |
| Total Comprehensive Income | ₹32.14 Cr |
| EBITDA (computed) | ₹51.84 Cr |
| Basic EPS | ₹4.81 |
| Diluted EPS | ₹4.81 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹363.89 Cr |
| Non-current Assets | ₹111.55 Cr |
| Current Assets | ₹252.34 Cr |
| Property, Plant & Equipment | ₹15.43 Cr |
| Inventories | ₹67.55 Cr |
| Trade Receivables | ₹63.17 Cr |
| Cash & Equivalents | ₹5.65 Cr |
| Equity (Net Worth) | ₹228.26 Cr |
| Equity Share Capital | ₹35.86 Cr |
| Borrowings (Non-current) | ₹3.7 Cr |
| Borrowings (Current) | ₹88.03 Cr |
| Total Debt (computed) | ₹91.73 Cr |
| Current Liabilities | ₹131.5 Cr |
| Total Liabilities | ₹135.63 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹63.07 Cr |
| Investing Cash Flow | -₹45.46 Cr |
| Financing Cash Flow | ₹107.48 Cr |
| Capital Expenditure | ₹7.08 Cr |
| Free Cash Flow (computed) | -₹70.15 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹1.04 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹270.95 Cr | ₹127.83 Cr | ₹201.61 Cr | ₹113.6 Cr |
| Other Income | ₹3.17 Cr | ₹1.59 Cr | ₹22.38 Cr | ₹1.07 Cr |
| Total Income | ₹274.12 Cr | ₹129.41 Cr | ₹223.99 Cr | ₹114.67 Cr |
| Cost of Materials Consumed | ₹246.7 Cr | ₹125.15 Cr | ₹197.02 Cr | ₹102.27 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.83 Cr | -₹11.43 Cr | -₹11.13 Cr | -₹2.86 Cr |
| Employee Benefit Expense | ₹4.56 Cr | ₹4.36 Cr | ₹4.7 Cr | ₹2.43 Cr |
| Finance Costs | ₹1.82 Cr | ₹1.14 Cr | ₹3.36 Cr | ₹1.77 Cr |
| Depreciation & Amortisation | ₹70.1 Lakh | ₹59.3 Lakh | ₹1.14 Cr | ₹55.56 Lakh |
| Other Expenses | ₹2.54 Cr | ₹1.76 Cr | ₹6.62 Cr | ₹79.55 Lakh |
| Total Expenses | ₹261.14 Cr | ₹121.58 Cr | ₹201.72 Cr | ₹104.97 Cr |
| Profit Before Exceptional Items & Tax | ₹12.98 Cr | ₹7.84 Cr | ₹22.27 Cr | ₹9.7 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.98 Cr | ₹7.84 Cr | ₹22.27 Cr | ₹9.7 Cr |
| Total Tax Expense | ₹3.79 Cr | ₹1.73 Cr | ₹5.47 Cr | ₹2.51 Cr |
| Net Profit | ₹9.19 Cr | ₹6.11 Cr | ₹16.8 Cr | ₹7.2 Cr |
| Other Comprehensive Income | ₹4 Lakh | -₹6,000 | -₹23,000 | -₹11,000 |
| Total Comprehensive Income | ₹9.23 Cr | ₹6.11 Cr | ₹16.8 Cr | ₹7.2 Cr |
| EBITDA (computed) | ₹15.5 Cr | ₹9.57 Cr | ₹26.78 Cr | ₹12.03 Cr |
| Basic EPS | ₹1.37 | ₹0.92 | ₹2.52 | ₹1.25 |
| Diluted EPS | ₹1.37 | ₹0.92 | ₹2.52 | ₹1.25 |
Shareholding Pattern of Highway Infrastructure Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.04%, foreign institutional investors hold 0.01%, domestic institutional investors hold 0.40%, retail and other public shareholders hold 29.55% of Highway Infrastructure Limited. The company had 60,459 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Aug 2025 | |
|---|---|---|---|---|
| Promoters | 70.04% | 70.04% | 70.04% | 70.04% |
| Public | 29.96% | 29.96% | 29.96% | 29.96% |
Board & Governance of Highway Infrastructure Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Highway Infrastructure Limited has 7 directors - 4 independent and 3 executive. The board is chaired by Arun Kumar Jain.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Arun Kumar Jain | Executive Director · MD · Chairperson | 2006-02-10 | 1 |
| Anoop Agrawal | Executive Director | 2006-02-10 | 1 |
| Riddharth Jain | Executive Director · CEO | 2024-03-01 | 1 |
| Ritika Agrawal | Non-Executive - Independent Director | 2024-07-01 | 1 |
| Om Prakash Shrivastava | Non-Executive - Independent Director | 2024-07-01 | 1 |
| Ujjwal Kumar Ghosh | Non-Executive - Independent Director | 2024-07-01 | 1 |
| Vinayak Parkhi | Non-Executive - Independent Director | 2025-11-06 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Vinayak Parkhi (Chairperson), Ritika Agrawal, Anoop Agrawal, Om Prakash Shrivastava |
| Nomination and remuneration committee | Ritika Agrawal (Chairperson), Ujjwal Kumar Ghosh, Vinayak Parkhi, Om Prakash Shrivastava |
| Stakeholders Relationship Committee | Ujjwal Kumar Ghosh (Chairperson), Anoop Agrawal, Vinayak Parkhi, Om Prakash Shrivastava |
| Corporate Social Responsibility Committee | Ujjwal Kumar Ghosh (Chairperson), Anoop Agrawal, Vinayak Parkhi, Om Prakash Shrivastava |
| Initial Public Offer Committee | Ujjwal Kumar Ghosh (Chairperson), Ritika Agrawal, Vinayak Parkhi, Om Prakash Shrivastava |
Group Structure of Highway Infrastructure Limited
Highway Infrastructure Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Highway Infrastructure Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Highway & Tandon Tollways Private Limited | U45309MP2019PTC048427 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Highway Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2025 | Hdfc Bank Limited | ₹68 Lakh | Open |
| 01 Dec 2025 | Hdfc Bank Limited | ₹32 Lakh | Open |
| 07 Nov 2025 | Hdfc Bank Limited | ₹44 Lakh | Open |
| 29 Sep 2025 | Indian Overseas Bank | ₹21 Lakh | Open |
| 20 Jun 2025 | Hdfc Bank Limited | ₹1.45 Cr | Open |
Total charge records: 76 View all charges
Employees and EPFO Compliance at Highway Infrastructure Limited
Highway Infrastructure Limited has a workforce of 312 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Highway Infrastructure Limited
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GST Compliance of Highway Infrastructure Limited
GSTIN & GST Filing Data of Highway Infrastructure Limited
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Credit Ratings, Litigation & Regulatory Alerts for Highway Infrastructure Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Highway Infrastructure Limited
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MSME Payment Delays by Highway Infrastructure Limited
MSME Payment Delays by Highway Infrastructure Limited
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Subsidiaries & Group Companies of Highway Infrastructure Limited
Subsidiaries & Group Companies of Highway Infrastructure Limited
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MCA Filings & Documents of Highway Infrastructure Limited
MCA Filings & Documents of Highway Infrastructure Limited
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Recent Activity on Highway Infrastructure Limited
Frequently Asked Questions about Highway Infrastructure Limited
Highway Infrastructure Limited is an active public limited company in the infrastructure and utilities sector based in Indore, Madhya Pradesh, India. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U45203MP2006PLC018398. The company has 312 employees.
Highway Infrastructure Limited reported revenue of ₹504.48 Cr for FY 2025 (down 13.00% YoY).
The current directors of Highway Infrastructure Limited are:
- Anoop Agrawal
- Riddharth Jain
- Ujjwal Kumar Ghosh
- Arun Kumar Jain
- Ritika Agrawal
- Anoop Agrawal
- Saurabh Mittal
- Palak Rathore
- Riddharth Jain
- Vinayak Parkhi
The primary industry of Highway Infrastructure Limited is infrastructure and utilities. The company specifically operates in road and bridge construction. The company is currently active in this sector.
Highway Infrastructure Limited can be reached at the registered office: 57 – Fa Scheme No. 94 Pipliyahana Junction Ring Road, Indore, Madhya Pradesh, India – 452016, or through the website highwayinfrastructure.in.
The authorised capital is ₹40 Cr, and the paid-up capital is ₹35.86 Cr.