Rs 1,144 Crore Order Book: Road Infra Company Secures Rs 69.68 crore EPC Order from Indore Development Authority
DSIJ Intelligence-1Categories: Mindshare, Trending
The company has a market cap of over Rs 400 crore and has delivered good profit growth of 24 per cent CAGR over the last 5 years.
Highway Infrastructure Limited (HIL) has officially secured a Letter of Award from the Indore Development Authority (IDA) for a significant urban road development project valued at Rs 69.68 crore (plus applicable GST). This EPC (Engineering, Procurement, and Construction) contract focuses on the Kumedi–Lasudiya Mori corridor extending to A.B. Road under Town Planning Scheme-08, a critical route for Indore’s urban expansion. The project is slated for an execution timeline of 2.5 years, further cementing HIL’s footprint in Madhya Pradesh’s infrastructure sector and aligning with its strategy to partner with government agencies on high-potential growth corridors.
Following this latest win, HIL’s total consolidated Order Book has reached a robust Rs 1,144 crore as of January 16, 2026. The company has seen aggressive expansion since March 2025, with its EPC order book growing by 52 per cent, rising from Rs 417 crore to Rs 633 crore. Even more striking is the growth in the Tollways collection order book, which surged by 348 per cent during the same period, jumping from Rs 114 crore to Rs 510 crore. This rapid diversification across Toll Operations and EPC infrastructure significantly enhances the company’s long-term revenue visibility and operational scale.
About the Company
Incorporated in 2006, Highway Infrastructure Ltd is a leading infrastructure development and management company with diversified operations across tollways collection, EPC projects and Real Estate. Operating in 11 states and 1 Union Territory, the company leverages advanced technology for efficient toll operations and high-quality project execution. Guided by an experienced leadership team led by Mr Arun Kumar Jain, Highway Infrastructure has built a strong track record of project delivery and operational excellence. With a robust order book and a growing project pipeline, the company is strategically positioned to capitalise on emerging opportunities in India’s infrastructure and urban transport sectors.
The company has a market cap of over Rs 400 crore and has delivered good profit growth of 24 per cent CAGR over the last 5 years. As of January 16, 2026, the company's consolidated order book is Rs 1,144 crore. The stock is up by 3 per cent from its 52-week low of Rs 54.51 per share.
Disclaimer: The article is for informational purposes only and not investment advice.