H.G. Infra Engineering Limited (Part IX)

BSE: 541019 NSE: HGINFRA
H.G. Infra Engineering Limited (Part IX) - construction in Jodhpur, Rajasthan, India. FY 2026 financials & compliance.
CIN L45201RJ2003PLC018049 Incorporated 21 January 2003 ROC Jaipur HQ Jodhpur, Rajasthan, India
Active Listed - NSE: HGINFRA · BSE: 541019 Public Limited Company construction Fortune India 500 · #463
Data last updated
Market Cap
₹2,600 Cr
HGINFRA · NSE
Share Price
₹390.30
-2.16% today
Revenue
₹5,235 Cr
FY 2025-26 · +3.5% YoY
EBITDA
₹1,012 Cr
Margin 19.3%
Net Profit
₹265 Cr
FY 2025-26 · -45.3% YoY
P/E (TTM)
10.1x
P/B 0.8x
ROE
8.5%
ROCE 11.2%
Debt / Equity
1.48
Interest cover 55.5x

About H.G. Infra Engineering Limited (Part IX)

Data last updated:

H.G. Infra Engineering Limited (Part IX) is a public limited company based in Jodhpur, Rajasthan, India. It operates in the utility projects segment of the construction sector. It was incorporated on 21 January 2003 and has been in existence for over 23 years.

H.G. Infra Engineering Limited (Part IX) is ranked #463 on the Fortune India 500 (2025).

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L45201RJ2003PLC018049. Its GSTIN is 08AABCH2668B1ZU (Rajasthan). The company holds 20 GST registrations, of which 17 are active. Its shares are listed on BSE: 541019 and NSE: HGINFRA.

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹65.17 Cr. It was formerly known as H.G. Infra Engineering Private Limited (Part Ix) and H.G. Infra Engineering Limited. It is led by directors including Harendra Singh (Managing Director) and Vijendra Singh Choudhary (Whole-Time Director).

Its last annual general meeting (AGM) was held on 19 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 14 Panchwati Colonyratanada Jodhpur, Rajasthan, India – 342001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,234.67 Cr, a growth of 3.5% compared to the previous year. For the same year it recorded a net profit of ₹264.75 Cr (net margin 5.1%) and EBITDA of ₹1,011.73 Cr (EBITDA margin 19.3%). The net worth stands at ₹3,265.01 Cr (up 10.7% YoY). Total assets are valued at ₹8,391.77 Cr (up 16.3% YoY).

The company has about 5,650 employees on its provident fund (EPFO) records. Its group structure includes 13 subsidiaries.

The company is associated with 1 brand: H.G. Infra Engineering. As per MCA filings, the company has open charges of ₹14,312 Cr and satisfied charges of ₹7,874.97 Cr on record. Court records list 204 cases involving the company, including 43 filed by the company and 161 filed against it; 74 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hginfra.com.

Company details

CIN L45201RJ2003PLC018049
Registration Number 018049
Incorporation Date 21 January 2003
ROC Jaipur
Listing Status Listed - Listed on NSE (HGINFRA); Listed on BSE (541019)
Company Status Active
Date of Last AGM 19 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

H.G. Infra Engineering Limited (Part IX) has undergone 3 name changes throughout its history. The company was previously known as H.G. Infra Engineering Private Limited (Part Ix), H.G. Infra Engineering Limited, and H.G. Infra Engineering Private Limited. The current legal name is H.G. Infra Engineering Limited (Part Ix).

Company NameStatus
H.G. Infra Engineering Limited (Part IX)Current
H.G. Infra Engineering Private Limited (Part Ix)Previous
H.G. Infra Engineering LimitedPrevious
H.G. Infra Engineering Private LimitedPrevious

CIN history

H.G. Infra Engineering Limited (Part IX) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201RJ2003PLC018049, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45201RJ2003PLC018049Current
U45201RJ2003PTC018049Previous
U45201RJ2003PLC018049Previous
Key People
Harendra Singh Managing Director Vijendra Singh Choudhary Whole-Time Director Devendra Bhushan Gupta Whole-Time Director

Recognitions & Rankings of H.G. Infra Engineering Limited (Part IX)

Fortune India 500 2025 edition
Rank#463
Total income
₹5,088 Cr
Profit
₹505 Cr
Last year #393

Contact details

H.G. Infra Engineering Limited (Part IX)'s registered office is in Jodhpur, Rajasthan. Its website is hginfra.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hginfra.com
  • Social Media
  • Registered Address
    14 Panchwati Colonyratanada Jodhpur, Rajasthan, India – 342001
  • Industry
    Construction, Utility Projects, Railways, Roads

To see the full contact details of H.G. Infra Engineering Limited (Part IX), buy the company report.

Comprehensive company report
H.G. Infra Engineering Limited (Part IX) - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

H.G. Infra Engineering Limited (Part IX) operates one associated brand: H.G. Infra Engineering. Each brand links to its own profile.

BrandDescriptionWebsite
H.G. Infra Engineering
Construction and engineering services providerhginfra.com

Business activity

The main business activity of H.G. Infra Engineering Limited (Part IX) is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of H.G. Infra Engineering Limited (Part IX), buy the company report.

Financials of H.G. Infra Engineering Limited (Part IX)

FY 2025-26 filings available

H.G. Infra Engineering Limited (Part IX) reported revenue of ₹5,234.67 Cr (up 3.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹5,235 Cr
+3.5% YoY
EBITDA
₹1,012 Cr
-4.4% YoY
Profit After Tax
₹265 Cr
-45.3% YoY
Net Worth
₹3,265 Cr
+10.7% YoY
Total Assets
₹8,392 Cr
+16.3% YoY
Total Debt
₹5,029 Cr
+20.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,2355,0565,3784,6223,7512,6102,217
Revenue growth+3.5%-6.0%+16.4%+23.2%+43.8%+17.7%-
EBITDA1,0121,0581,062895710483352
EBITDA margin+19.3%+20.9%+19.7%+19.4%+18.9%+18.5%+15.9%
Profit before tax455681740665515312231
Net profit265484527493381238167
Net profit margin+5.1%+9.6%+9.8%+10.7%+10.2%+9.1%+7.5%
EPS (₹)50.6977.5682.6475.6858.3136.3125.57
Balance sheet
Total assets8,3927,2184,0583,8662,6301,9171,426
Net worth3,2652,9502,4551,9701,4361,063826
Total debt5,0294,1701,5131,8621,184768520
Cash & bank254197207270164263115
Net working capital2,7272,3631,7121,4851,038983800
Cash flow
Cash from operations250(878)(311)(139)(322)70.5535.70
Cash from investing(1,074)(1,461)16.96(378)(65.64)(103)(85.36)
Cash from financing8322,31031956229315271.12
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,1011,4271,4219041,4821,3611,265902
Revenue growth (YoY)-25.8%+4.8%+12.4%+0.2%-3.0%---
Other income5.4760.083.6813.482.3419.514.184.02
EBITDA157237309206259239287220
EBITDA margin+14.2%+16.6%+21.7%+22.8%+17.5%+17.6%+22.7%+24.3%
Depreciation45.0447.8044.0640.0535.6237.4536.2535.89
Interest11813712910894.5270.6974.8762.42
Profit before tax(0.40)11313971.10132151180125
Tax44.1128.2944.9319.2732.383.8164.8544.52
Net profit(44.51)84.6294.0751.8399.2614711580.71
EPS (₹)(6.83)12.9914.447.9515.2322.5617.6612.38
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,6676,0525,1224,4193,6152,5352,196
Revenue growth-6.4%+18.2%+15.9%+22.2%+42.6%+15.4%-
EBITDA733951822710585418342
EBITDA margin+12.9%+15.7%+16.1%+16.1%+16.2%+16.5%+15.6%
Profit before tax519763719569455282228
Net profit300506468421340212166
Net profit margin+5.3%+8.4%+9.1%+9.5%+9.4%+8.4%+7.6%
EPS (₹)59.7188.5583.7064.6651.9832.3725.43
Balance sheet
Total assets4,9854,0582,8682,3191,6891,4091,273
Net worth3,2592,8852,3181,8271,3641,032822
Total debt1,6451,076460459316290371
Cash & bank129134199179158258114
Net working capital2,3191,8821,345797827632651
Cash flow
Cash from operations253120271587114527255
Cash from investing(636)(696)(87.00)(683)(173)(270)(162)
Cash from financing374494(146)117(33.82)(141)(71.95)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9071,3541,4501,1541,7091,9731,5091,064
Revenue growth (YoY)-46.9%-31.4%-3.9%+8.4%+13.5%---
Other income33.0178.253.0516.572.2863.782.393.25
Total expenses8301,2271,2251,0071,4741,6901,258890
EBITDA77.02127224147236283250174
EBITDA margin+8.5%+9.4%+15.5%+12.7%+13.8%+14.3%+16.6%+16.4%
Depreciation30.5034.6934.8034.0332.9237.0536.2535.89
Interest42.9550.4951.0539.3137.6541.4629.8522.61
Profit before tax36.5812014289.80167268186119
Tax8.3220.4244.6722.4841.9155.8249.7930.56

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,1011,4271,4219041,4821,3611,265902
Revenue growth (YoY)-25.8%+4.8%+12.4%+0.2%-3.0%---
Other income5.4760.083.6813.482.3419.514.184.02
EBITDA157237309206259239287220
EBITDA margin+14.2%+16.6%+21.7%+22.8%+17.5%+17.6%+22.7%+24.3%
Depreciation45.0447.8044.0640.0535.6237.4536.2535.89
Interest11813712910894.5270.6974.8762.42
Profit before tax(0.40)11313971.10132151180125
Tax44.1128.2944.9319.2732.383.8164.8544.52
Net profit(44.51)84.6294.0751.8399.2614711580.71
EPS (₹)(6.83)12.9914.447.9515.2322.5617.6612.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,2355,0565,3784,6223,7512,6102,217
Revenue growth+3.5%-6.0%+16.4%+23.2%+43.8%+17.7%-
Other income79.0831.6836.1519.367.327.3814.10
Total expenses4,2233,9984,3173,7273,0412,1271,865
Employee cost348317289198130111112
EBITDA1,0121,0581,062895710483352
EBITDA margin+19.3%+20.9%+19.7%+19.4%+18.9%+18.5%+15.9%
Depreciation16814414196.3885.1084.4375.64
Interest46926521715411894.1659.77
Profit before tax455681740665515312231
Tax12517520117113575.3464.33
Net profit265484527493381238167
Net profit margin+5.1%+9.6%+9.8%+10.7%+10.2%+9.1%+7.5%
EPS (₹)50.6977.5682.6475.6858.3136.3125.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital65.1765.1765.1711465.1765.1765.17
Reserves & surplus3,2002,8842,3901,8571,371997761
Shareholders' funds (net worth)3,2652,9502,4551,9701,4361,063826
Minority interest16.420.100.000.000.000.000.00
Secured loans4,5334,0331,4821,8231,121767398
Unsecured loans49713731.1138.3063.561.16123
Total debt5,0294,1701,5131,8621,184768520
Total liabilities8,3927,2184,0583,8662,6301,9171,426
Assets
Gross block3,0781,5201,2581,053824766698
Net block2,297885742635459484483
Capital work in progress7401,34913.6871.952.151.8111.14
Investments11.6712.0210.4910.130.000.000.00
Inventories375451297235184168106
Sundry debtors788671673728635582685
Cash & bank balances254197207270164263115
Loans & advances3,7422,5171,8811,284696734683
Total current assets5,1593,8363,0582,5181,6791,7471,589
Total current liabilities2,4321,4731,3461,033642764789
Net working capital2,7272,3631,7121,4851,038983800
Total assets8,3927,2184,0583,8662,6301,9171,426
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash87.0911593.4749.2314424.583.12
Net cash from operating activities250(878)(311)(139)(322)70.5535.70
Net cash from investing activities(1,074)(1,461)16.96(378)(65.64)(103)(85.36)
Net cash from financing activities8322,31031956229315271.12
Net change in cash8.20(28.20)25.5544.24(94.91)12021.46
Closing cash254197207270164263115
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.5%-6.0%+16.4%+23.2%+43.8%+17.7%-
EBITDA growth-4.4%-0.3%+18.6%+26.1%+47.0%+37.2%-
PBT growth-33.2%-8.0%+11.3%+29.1%+64.9%+35.1%+18.8%
Net income growth-45.3%-8.1%+6.9%+29.4%+60.3%+42.3%-
Revenue CAGR (3Y)+4.2%+10.5%+27.3%+27.8%+23.0%+23.3%+28.1%
EBITDA CAGR (3Y)+4.2%+14.2%+30.0%+36.5%+32.6%+32.4%+41.5%
Profitability & leverage
Net income margin+6.3%+10.0%+10.0%+10.7%+10.1%+9.1%+7.5%
Return on capital employed+11.2%+16.8%+24.2%+25.2%+27.8%+24.3%+23.0%
Return on net worth+8.5%+18.7%+24.6%+29.4%+30.4%+25.1%+22.4%
Debt / equity1.481.050.760.890.780.680.60
Long-term debt / equity1.000.800.570.700.610.410.18
Interest cover55.5128.9723.5619.2518.8323.6121.61
Efficiency & per share
Fixed asset turnover2.283.644.664.934.723.563.38
Inventory turnover12.6713.5220.2222.0721.3419.0820.01
Debtors turnover7.177.527.686.786.164.123.41
EPS (₹)50.6977.5682.6475.6858.3136.3125.57
Dividend per share (₹)2.002.001.501.251.000.800.00
Book value per share (₹)500.99452.60376.71294.90220.34163.04126.78
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9071,3541,4501,1541,7091,9731,5091,064
Revenue growth (YoY)-46.9%-31.4%-3.9%+8.4%+13.5%---
Other income33.0178.253.0516.572.2863.782.393.25
Total expenses8301,2271,2251,0071,4741,6901,258890
EBITDA77.02127224147236283250174
EBITDA margin+8.5%+9.4%+15.5%+12.7%+13.8%+14.3%+16.6%+16.4%
Depreciation30.5034.6934.8034.0332.9237.0536.2535.89
Interest42.9550.4951.0539.3137.6541.4629.8522.61
Profit before tax36.5812014289.80167268186119
Tax8.3220.4244.6722.4841.9155.8249.7930.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,6676,0525,1224,4193,6152,5352,196
Revenue growth-6.4%+18.2%+15.9%+22.2%+42.6%+15.4%-
Other income10072.5911918.067.817.9614.10
Total expenses4,9335,1014,3003,7083,0302,1171,854
Employee cost353329288196128109111
EBITDA733951822710585418342
EBITDA margin+12.9%+15.7%+16.1%+16.1%+16.2%+16.5%+15.6%
Depreciation13614414196.3585.0684.4375.63
Interest17811680.9663.2852.8559.5652.36
Profit before tax519763719569455282228
Tax12918617414711671.1562.33
Net profit300506468421340212166
Net profit margin+5.3%+8.4%+9.1%+9.5%+9.4%+8.4%+7.6%
EPS (₹)59.7188.5583.7064.6651.9832.3725.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital65.1765.1765.1711465.1765.1765.17
Reserves & surplus3,1942,8202,2531,7131,299967756
Shareholders' funds (net worth)3,2592,8852,3181,8271,3641,032822
Secured loans1,2261,009429420252289249
Unsecured loans41966.5631.1138.3063.561.16123
Total debt1,6451,076460459316290371
Total liabilities4,9854,0582,8682,3191,6891,4091,273
Assets
Gross block1,3461,3211,2581,052823766698
Net block595687742635459483482
Capital work in progress0.002.944.2071.952.151.8111.14
Investments1,8121,36962874535426190.83
Inventories425543297235184168106
Sundry debtors1,7101,374914871695653808
Cash & bank balances129134199179158258114
Loans & advances2,2841,5991,168701480324419
Total current assets4,5483,6502,5781,9871,5171,4041,447
Total current liabilities2,2281,7681,2331,190691772796
Net working capital2,3191,8821,345797827632651
Total assets4,9854,0582,8682,3191,6891,4091,273
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash25.6610769.1147.2414023.983.10
Net cash from operating activities253120271587114527255
Net cash from investing activities(636)(696)(87.00)(683)(173)(270)(162)
Net cash from financing activities374494(146)117(33.82)(141)(71.95)
Net change in cash(8.68)(81.71)38.2721.87(92.71)11620.88
Closing cash129134199179158258114
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-6.4%+18.2%+15.9%+22.2%+42.6%+15.4%-
EBITDA growth-22.9%+15.7%+15.7%+21.5%+39.8%+22.3%-
PBT growth-32.1%+6.2%+26.5%+25.1%+61.2%+23.7%+19.9%
Net income growth-40.7%+8.0%+11.2%+24.0%+60.4%+27.5%-
Revenue CAGR (3Y)+8.7%+18.7%+26.4%+26.2%+21.6%+22.1%+27.6%
EBITDA CAGR (3Y)+1.1%+17.6%+25.3%+27.6%+24.5%+26.2%+40.1%
Profitability & leverage
Net income margin+6.9%+9.5%+10.7%+9.5%+9.4%+8.3%+7.6%
Return on capital employed+13.9%+25.4%+26.8%+31.5%+32.8%+25.5%+23.7%
Return on net worth+9.8%+22.2%+22.9%+26.8%+28.3%+22.8%+22.4%
Debt / equity0.440.300.220.240.250.360.51
Long-term debt / equity0.050.080.080.110.110.090.08
Interest cover29.9014.3711.8910.3110.5817.8519.66
Efficiency & per share
Fixed asset turnover4.254.694.434.714.553.463.35
Inventory turnover11.7114.4219.2521.1020.5718.5319.82
Debtors turnover3.685.295.745.645.363.473.07
EPS (₹)59.7188.5583.7064.6651.9832.3725.43
Dividend per share (₹)2.002.001.501.251.000.800.00
Book value per share (₹)500.05442.65355.76272.89209.35158.39126.07

To see the full year-wise statements and ratios of H.G. Infra Engineering Limited (Part IX), buy the company report.

Board of directors of H.G. Infra Engineering Limited (Part IX)

H.G. Infra Engineering Limited (Part IX) has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harendra Singh
Also directs: H.G. Tapukara Solar Project Private Limited, H.G. Tijara Solar Project Private Limited, H.G. Sanchore Solar Project Private Limited and 5 more
Managing Director21 Jan 200323 Years 9 MonthsCurrent
Vijendra Singh Choudhary
Also directs: H.G. Sanchore Solar Project Private Limited, H.G. Jalore Solar Project Private Limited, H.G. Ajmer Solar Project Private Limited and 5 more
Whole-Time Director21 Jan 200323 Years 9 MonthsCurrent
Manjit Singh
Also directs: H.G. Raipur Visakhapatnam Od-5 Private Limited, H.G. Khammam Devarapalle Pkg-1 Private Limited, H.G. Raipur Visakhapatnam Ap-1 Private Limited and 5 more
Director13 May 20224 Years 5 MonthsCurrent
Ashok Kumar Thakur
Also directs: Navkar Corporation Limited, Choice International Limited, Esha Media Research Limited and 2 more
Director15 May 20179 Years 5 MonthsCurrent
Sharada Sunder
Also directs: Mitcon Consultancy & Engineering Services Limited
Director08 Feb 20233 Years 8 MonthsCurrent
Monica
Also directs: Astrazeneca Pharma India Limited, Dreamfolks Services Limited, Gujarat Pipavav Port Limited
Director08 Feb 20233 Years 8 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

H.G. Infra Engineering Limited (Part IX) is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services, Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
PNC Infratech Limited₹6,940.46 Cr (FY 2025)-21.0%New Delhi, Delhi, India
GMR Power and Urban Infra Limited₹6,857.82 Cr (FY 2025)42.0%Gurgaon, Haryana, India
J. Kumar Infraprojects Limited₹5,726.49 Cr (FY 2025)17.0%Mumbai, Maharashtra, India
Ajanma Holdings Private Limited₹5,368.57 Cr (FY 2025)30.0%Mumbai, Maharashtra, India
H.G. Infra Engineering Limited (Part IX)this company₹5,234.67 Cr (FY 2026)₹264.75 Cr5.1%3.5%5,650Jodhpur, Rajasthan, India
KNR Constructions Limited₹5,068.85 Cr (FY 2025)11.0%Hyderabad, Telangana, India
Modern Road Makers P Ltd₹4,246.07 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India
Welspun Enterprises Limited₹3,792.59 Cr (FY 2025)24.0%Anjar, Gujarat, India

To see the full peer comparison of H.G. Infra Engineering Limited (Part IX), buy the company report.

Auditor

H.G. Infra Engineering Limited (Part IX) is audited by SHRIDHAR & ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
SHRIDHAR & ASSOCIATESFY 2024134427W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 71.80%, foreign institutional investors hold 1.40%, domestic institutional investors hold 10.10% and retail and other public shareholders hold 16.70%.

Promoters: 71.80%DII (Domestic Institutional): 10.10%FII (Foreign Institutional): 1.40%Retail & Others: 16.70%
Sep 2026
QUARTER
71.80% Promoters
10.10% DII (Domestic Institutional)
1.40% FII (Foreign Institutional)
16.70% Retail & Others
Promoter holding - history
Now 71.80% · Sep 2026High 71.80% · Dec 2025Low 71.80% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.80%Mar 2026: 71.80%Jun 2026: 71.80%Sep 2026: 71.80%71.80%71.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.80%71.80%71.80%71.80%
Public28.20%28.20%28.20%28.20%

Charges & borrowings

Open charges
₹14,312 Cr
Satisfied charges
₹7,874.97 Cr
Breakdown by lending institutions
Others₹10,743.18 Cr
Sbicap Trustee Company Limited₹1,996.10 Cr
Idbi Trusteeship Services Limited₹1,366.52 Cr
Hdfc Bank Limited₹176.38 Cr
Axis Bank Limited₹23.84 Cr
Others₹5.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Sep 2026101400940Axis Bank Limited₹22.81 CrOpen
16 Sep 2026101389712Others₹30.2 CrOpen
15 Sep 2026101395391Others₹820 CrOpen
31 Aug 2026101380525Others₹16.77 CrOpen
29 Aug 2026101379514Others₹25 CrOpen

To see the full charge records of H.G. Infra Engineering Limited (Part IX), buy the company report.

Total charge records: 873 View all charges

Credit ratings & regulatory alerts

H.G. Infra Engineering Limited (Part IX) was last rated by Icra on 13 Dec 2021.

Rating agencyRated onRating
Icra13 Dec 2021

To see the full credit ratings and regulatory alerts of H.G. Infra Engineering Limited (Part IX), buy the company report.

MSME payment delays

H.G. Infra Engineering Limited (Part IX) has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,479 overdue payments to 276 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 276)

SupplierAmount dueDue sinceReported on
Bangur International
Himatnagar Scale Mfg. Co.
Cynosure Technologies Private Limited
Croissance Overseas Private Limited
an individual supplier

To see the full MSME payment records of H.G. Infra Engineering Limited (Part IX), buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

H.G. Infra Engineering Limited (Part IX) has 13 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

13
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
H.G. Solar Projects Private LimitedU35105RJ2024PTC092760
Rasisar Solar Developer Private LimitedU35105RJ2024PTC093208
Norangdesar Solar Developer Private LimitedU35105RJ2024PTC093210
H.G. Karnal-Ringroad Private LimitedU42101RJ2023PTC086443
H.G. Varanasi-Kolkata Pkg-13 Private LimitedU42101RJ2023PTC087219
H.G. Varanasi-Kolkata Pkg-10 Highway Private LimitedU42101RJ2023PTC087274

To see the full group structure of H.G. Infra Engineering Limited (Part IX), buy the company report.

Employees & EPFO

H.G. Infra Engineering Limited (Part IX) has a workforce of 5,650 employees on its EPFO records as of Apr 07, 2025, across 1 active EPFO establishment.

Employee count
5,650
Active EPFO establishments
1
Employee growth
17.83%

GST

H.G. Infra Engineering Limited (Part IX) has 20 GST registrations: 17 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
20
Active
17
Cancelled / inactive
3
GSTINStateStatusRegistered on
08AABCH2668B1ZURajasthanActive01 Jul 2017
08AABCH2668B2ZTRajasthanActive03 Aug 2017
05AABCH2668B1Z0UttarakhandActive01 Jul 2017
06AABCH2668B1ZYHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of H.G. Infra Engineering Limited (Part IX), buy the company report.

Recent activity

H.G. Infra Engineering Limited (Part IX) has 18 board changes on record since 2003: 13 appointments and 5 cessations. The latest: Devendra Bhushan Gupta was appointed as Whole-Time Director on 01 Jun 2025.

Charges
A charge with Idbi Trusteeship Services Limited of Rs. 10.60 Cr registered on 30 Apr 2025 with Charge ID 101087464 was modified on 01 Oct 2026.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 17.75 Cr registered on 30 Apr 2025 with Charge ID 101090886 was modified on 28 Sep 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.81 Cr with Charge ID 101400940 was registered on 23 Sep 2026.
Charges
A charge registered on 25 Apr 2023 via Charge ID 100712631 with Hdfc Bank Limited was fully satisfied on 23 Sep 2026.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 21.66 Cr registered on 21 Mar 2025 with Charge ID 101069289 was modified on 17 Sep 2026.
Charges
A charge with Others amounted to Rs. 30.20 Cr with Charge ID 101389712 was registered on 16 Sep 2026.
Charges
A charge with Others amounted to Rs. 820.00 Cr with Charge ID 101395391 was registered on 15 Sep 2026.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 18.00 Cr registered on 03 May 2025 with Charge ID 101090950 was modified on 15 Sep 2026.
Charges
A charge registered on 02 Aug 2023 via Charge ID 100766921 with Others was fully satisfied on 10 Sep 2026.
Charges
A charge registered on 30 Jun 2026 via Charge ID 101318146 with Others was fully satisfied on 07 Sep 2026.
Charges
A charge registered on 26 Jul 2023 via Charge ID 100762329 with Hdfc Bank Limited was fully satisfied on 07 Sep 2026.
Charges
A charge registered on 08 Jul 2026 via Charge ID 101341440 with Hdfc Bank Limited was fully satisfied on 03 Sep 2026.

1689 earlier events are in the company report.

News

H.G. Infra Engineering: Forms Section 8 Subsidiary With 51% Share For PM-Setu ITI Bhwadi Project
12 Oct 2026 · Exchange Update
H.G. Infra Engineering: Deputy Commissioner of Commercial Taxes Cancels Notice, Resulting in ₹94 Crore Demand Settled With No Tax, Interest, or Penalty.
06 Oct 2026 · Exchange Update
H.G. Infra Engineering Limited: Completes Deal To Buy All Shares Of Ranipur Chunar Power Transmission Limited, Aiming To Strengthen Position In Power Transmission Industry.
26 Sep 2026 · Exchange Update

Frequently asked questions

H.G. Infra Engineering Limited (Part IX) is an active public limited company based in Jodhpur, Rajasthan, India. The company works in utility projects, within the construction industry. It was incorporated on 21 January 2003 (23+ years old) and is registered under CIN L45201RJ2003PLC018049. Listed on BSE: 541019 and NSE: HGINFRA.

H.G. Infra Engineering Limited (Part IX) reported revenue of ₹5,234.67 Cr for FY 2025-26 (up 3.5% YoY) based on consolidated financials.

H.G. Infra Engineering Limited (Part IX) has 8 current directors:

The latest financial statements of H.G. Infra Engineering Limited (Part IX) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of H.G. Infra Engineering Limited (Part IX) is 08AABCH2668B1ZU, registered in Rajasthan. The company has 20 GST registrations in all, of which 17 are active and 3 are cancelled or inactive. Other active GSTINs include 08AABCH2668B2ZT (Rajasthan), 05AABCH2668B1Z0 (Uttarakhand), 06AABCH2668B1ZY (Haryana).

The CIN (Corporate Identification Number) of H.G. Infra Engineering Limited (Part IX) is L45201RJ2003PLC018049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. H.G. Infra Engineering Limited (Part IX) is listed on both BSE (code: 541019) and NSE (symbol: HGINFRA).

H.G. Infra Engineering Limited (Part IX) has 204 court cases on record: 43 filed by the company and 161 filed against it. 74 are pending. Most are in the district courts.

H.G. Infra Engineering Limited (Part IX) was incorporated on 21 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jaipur.

The peers of H.G. Infra Engineering Limited (Part IX) by revenue are PNC Infratech Limited, GMR Power and Urban Infra Limited, J. Kumar Infraprojects Limited, Ajanma Holdings Private Limited, KNR Constructions Limited and 2 more, all in the Infrastructure industry (Infrastructure Services, Roads and Bridges), with the same principal business activity (roads, railways, utility projects).

Devendra Bhushan Gupta was appointed as Whole-Time Director on 01 Jun 2025. Dinesh Kumar Goyal ceased to be Whole-Time Director on 21 May 2025. Pooja Hemant Goyal ceased to be Director on 14 May 2025. H.G. Infra Engineering Limited (Part IX) has 18 board changes on record in total.

H.G. Infra Engineering Limited (Part IX) has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,479 overdue payments to 276 micro and small suppliers. The latest return was filed on 30 Apr 2024.