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Posts tagged HG Infra share price target

HG Infra is strategically positioned to attain 15.1% revenue CAGR over FY25- 27E. Buy for target price of ₹1779 (85% upside): SMIFS



HG Infra share price target

HG Infra is strategically positioned to attain 15.1% revenue CAGR over FY25- 27E, supported by ongoing execution momentum stemming from its healthy existing order book and expectations of better inflows. Further, margins are projected to remain elevated, with our expectation at ~15.3% in FY27. Consequently, EBITDA is expected to rise at a CAGR of 13.6%. Additionally, we foresee a 14.5% (adj.) PAT CAGR over FY25-27E, aided by managed depreciation and finance costs. At the CMP, the stock (excl. investments) is trading at 5.8x FY27E P/E. Based on a SOTP methodology, our target price is set at Rs1,779/share. We continue to recommend a BUY

HG Infra has robust execution track record, strong growth and lean balance sheet. Buy for target price of ₹1740 (65.7% upside): JMFICS



HG Infra share price target

We met the management of HG Infra led by Chairman and Managing Director Mr. Harendra Singh. HG expects 17–18% YoY revenue growth and 15–16% EBITDA margins for FY26E, with order inflows of INR 110bn. HG has strong highways bid pipeline of INR 600bn. Additionally, it has submitted bids for projects worth c. INR 150bn where results are awaited. Increase in working capital during FY25 was mainly led by inventory in solar projects and delayed payments which is expected to normalize by 2Q26E. HG expects LoA for MSRDC projects in the near future and AD for major HAM projects by Dec-25. Monetization of solar/BESS assets is being considered through either InVIT mode or outright sale of assets. HG remains open to subcontracting work from major developers

H.G. Infra Engineering is positioned favourably to achieve 15.1% revenue CAGR over FY25-27E. Buy for target price of ₹1872 (64.5% upside): SMIFS



HG Infra share price target

HG Infra is positioned favourably to achieve 15.1% revenue CAGR over FY25-27E, to be driven by continued execution momentum on its healthy existing order book position and expectations of improved inflows. Further, margins are projected to remain elevated, with our expectation at 15.5% in FY27. Consequently, EBITDA is expected to rise at a CAGR of 14.2%.

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!