H.G. Infra Engineering Limited has informed the Exchange about change in Management
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
H.G. Infra Engineering reported FY2026 standalone revenue of Rs. 56,666.77 million, down 6.4% from Rs. 60,518.81 million in FY2025. Profit after tax declined significantly to Rs. 3,891.36 million from Rs. 5,771.16 million (32.6% decline), with EPS falling to Rs. 59.71 from Rs. 88.55. The company recorded exceptional gains of Rs. 711.43 million from subsidiary divestments. Operating margin compressed to 12.94% from 15.71% in the prior year. The Board recommended a final dividend of Rs. 2 per share (20%). Management changes include appointment of Mr. Vikas Jain as CFO from July 13, 2026, and Mr. Janesh Kumar as CHRO from May 29, 2026. Auditors issued an unmodified opinion with an Emphasis of Matter regarding ongoing CBI/ACB search proceedings at the Patna office, stating no financial impact at this stage.
The sharp 32.6% PAT decline and margin compression signal deteriorating profitability, likely pressuring the stock. However, subsidiary divestment gains and the CBI matter being under review without impact may provide some stability.