HILINFRANSEHighway Infrastructure LimitedMediumNeutral
Announced Thu, 12 Feb · 18:15 IST

Highway Infrastructure Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

HILINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Highway Infrastructure shared the transcript of its Q3 FY26 earnings call held on February 9, 2026. The company reported a strong quarter with standalone Q3 total income up 11.6% year-on-year to INR 129.4 crores, EBITDA up 52.7% to INR 9.6 crores, and PAT up 38% to INR 6.1 crores. For 9M FY26, PAT nearly tripled (+192%) to INR 22.9 crores. The consolidated order book hit a record INR 1,160 crores, more than 4x March 2025 levels, including a landmark INR 328.8 crores Kaza Fee Plaza tollway contract on NH16 in Andhra Pradesh. Management guided for FY27 revenue of around INR 1,000 crores (EPC INR 700 crores, toll and real estate INR 300 crores) and expects margins to expand by 2-3% as larger, less-competitive contracts come into play. The company is also diversifying geographically into Gujarat, Rajasthan and the Northeast, and exploring adjacencies like renewable EPC and EV charging.

Likely market impact

Positive for shareholders — record order book, sharp profit growth, and clear forward guidance on FY27 revenue and margin expansion signal strong momentum. The asset-light toll model and 77% government exposure support cash flow visibility, though execution of the steep 50% order book growth target remains the key thing to watch.