Rs 13,933 crore order book: Infra company receives order from Maharashtra Metro Rail Corporation Ltd

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Rs 13,933 crore order book: Infra company receives order from Maharashtra Metro Rail Corporation Ltd

The stock is up by 2 per cent from its 52-week low of Rs 751.50 per share and has given multibagger returns of over 200 per cent in 5 years.

H.G. Infra Engineering Limited (HGINFRA), through a joint venture with Kalpataru Projects International Limited (the Lead Member), has been awarded the Letter of Acceptance (LOA) for a significant contract in the Thane Integral Ring Metro Project. Announced on December 10, 2025, the contract is for the Design and Construction of an Elevated Metro Viaduct spanning 20.527 kilometres between the UG Ramp and Balkum Naka. The scope of work also includes the Depot Approach Viaduct and three special spans. In the joint venture, HGINFRA holds a 40 per cent share, while Kalpataru Projects International Limited commands a 60 per cent share.

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About the Company

H.G. Infra Engineering Ltd (HGIEL) is a prominent Indian road infrastructure company offering Engineering, Procurement, and Construction (EPC) services, as well as maintenance for roads, bridges, and other infrastructure. Specialising in road construction with a focus on Hybrid Annuity Model (HAM) projects, HGIEL has successfully completed over 10 HAM projects and is currently executing 26 projects across 13 Indian states. The company has also diversified into Railways, metro, Solar power, and water projects. With accreditations as an AA-class contractor by the Rajasthan PWD and an SS-class contractor by the Military Engineer Services, HGIEL serves a diverse clientele including MoRTH, NHAI, Indian Railways, and private entities like Adani and Tata Projects.

Order Book: The company’s order book stands at Rs 13,933 crore as of September 30, 2025. The orders are bagged from various clients across India, including National Highways Authority of India (NHAI), Adani, Delhi Metro Rail Corporation (DMRC), Ministry of Road Transport & Highways, Government of India (MoRTH), Maharashtra State Road Development Corporation (MSRDC), Central Railway (CR), South Central Railway (SCR), Rail Vikas Nigam Ltd (RVNL), Jodhpur Vidyut Vitran Nigam Limited (JDVVNL) and North Central Railway (NCR).

As of September 2025, Abakkus Emerging Opportunities Fund – 1 (owned by a renowned Ace Investor, Sunil Singhania) owns a 1.36 per cent stake in the company. The stock has an ROE of 18 per cent and an ROCE of 17 per cent. The stock is up by 2 per cent from its 52-week low of Rs 751.50 per share and has given multibagger returns of over 200 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.