Rs 154,59,99,930 order received by this road infra company from the National Highways Authority of India (NHAI)

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Rs 154,59,99,930 order received by this road infra company from the National Highways Authority of India (NHAI)

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 received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI), a domestic entity, for a contract valued at Rs 154,59,99,930 (Rupees One Hundred and Fifty-Four Crores, Fifty-Nine Lakhs, Ninety-Nine Thousand, Nine Hundred and Thirty Only). Issued on February 16, 2026, the contract aligns with the disclosure requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This domestic order carries an execution period of 90 days, focusing on immediate operational mobilisation within the designated highway sectors.

The scope of the contract involves the engagement of a user fee agency for the operation and collection of tolls at the Moti Naroli Fee Plaza, located at Km 969.096 in Gujarat. The agreement covers several critical sections of the Eight-Lane Vadodara-Mumbai Expressway, specifically stretching from Gandeva to Manubar (Packages 4 through 7). Beyond toll collection, HIL is responsible for the upkeep and maintenance of adjacent toilet blocks, which includes the continuous recouping of consumable items to ensure service standards are met.

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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.

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