H.G. Infra Q2 FY26: Revenue up, PAT down 24% YoY; five subsidiary divestments approved

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹910.70

prior close

₹880.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-2.2% vs market

Civil Construction peers, median of 97sector-0.6%-1.6% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.6 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+1.0

15m

+0.8

30m

+1.7

Sessions after the filingfrom the prior close

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Reaction day

-2.3-0.1-2.2-0.6-1.6

Next day

-2.1-0.2-1.9-0.2-1.8

-2.8+0.4-3.2-0.6-2.2

-4.7-0.4-4.3-2.0-2.7

-5.4-0.6-4.8-2.5-2.8

-5.5-0.9-4.6-2.3-3.2

-4.7-3.0-1.7-4.8+0.1

15d

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-16.0-4.8-11.2-6.2-9.8

-23.2-7.8-15.4-12.2-10.9

-27.5-7.2-20.3-15.5-12.0

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Standalone Q2 FY26 revenue at Rs 1,153.75 crore, up 8.4% YoY, but PAT fell 24% to Rs 67.31 crore. H1 FY26 revenue rose 11.4% YoY to Rs 2,862.99 crore, PAT down 15.5% at Rs 192.78 crore. Operating margin compressed from 16.39% to 12.70%. Board approved divestment of five subsidiary SPVs and issuance of Rs 400 crore unsecured NCDs during the quarter.

Likely market impact

Mixed quarter with revenue growth offset by profit decline and margin pressure; new NCDs lift debt while pending divestment of five SPVs awaits approvals.