Road Construction players – Who will win the race along the upcoming freeways?

Today two infra companies posted results. And they were blockbusters.

1. HGINFRA
   Consistent performance, as always!

Revenue 1189 Cr. Vs 960 Cr YoY
Highest ever PAT 130 Cr. Vs 105 Cr. YoY
Stable margis of 16.7%
EPS of 20 vs 15.4 YoY

2. NCC

Great improvement allround!

Revenue of 3903 cr. Vs 3032 Cr.
PAT of 157 Cr. Vs 76 Cr. YoY
EPS of 2.53 Vs 1.25 YoY

Both companies are trading at single digit PE with excellent balancesheet control.

I believe that Infra companies ( who has good balancesheet ) will do well this year, as goverment is highly focused on infra growth of the country.

Disc: Invested in both HGINFRA & NCC. My views are biased.