H.G. Infra Engineering Limited
H.G. Infra Engineering Limited, together with its subsidiaries, engages in the engineering, procurement, and construction (EPC) business in India. The company provides EPC services on a turnkey basis and hybrid annuity model for civil construction and related infrastructure projects. It also develops and maintains roads, highways, bridges, flyovers, railway networks and other infrastructure contr… Read more
H.G. Infra Engineering Limited (HGINFRA) - Net Assets
Latest net assets as of September 2025: ₹31.03 Billion INR
Based on the latest financial reports, H.G. Infra Engineering Limited (HGINFRA) has net assets worth ₹31.03 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹103.94 Billion) and total liabilities (₹72.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹31.03 Billion |
| % of Total Assets | 29.85% |
| Annual Growth Rate | 38.84% |
| 5-Year Change | 177.61% |
| 10-Year Change | 2302.66% |
| Growth Volatility | 52.46 |
H.G. Infra Engineering Limited - Net Assets Trend (2014–2025)
This chart illustrates how H.G. Infra Engineering Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for H.G. Infra Engineering Limited (2014–2025)
The table below shows the annual net assets of H.G. Infra Engineering Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹29.50 Billion | +20.15% |
| 2024-03-31 | ₹24.55 Billion | +27.74% |
| 2023-03-31 | ₹19.22 Billion | +33.84% |
| 2022-03-31 | ₹14.36 Billion | +35.14% |
| 2021-03-31 | ₹10.63 Billion | +28.60% |
| 2020-03-31 | ₹8.26 Billion | +24.63% |
| 2019-03-31 | ₹6.63 Billion | +22.58% |
| 2018-03-31 | ₹5.41 Billion | +207.50% |
| 2017-03-31 | ₹1.76 Billion | +43.27% |
| 2016-03-31 | ₹1.23 Billion | +45.40% |
| 2015-03-31 | ₹844.34 Million | +5.81% |
| 2014-03-31 | ₹797.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to H.G. Infra Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3951.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹26.15 Billion | 88.66% |
| Common Stock | ₹651.71 Million | 2.21% |
| Other Comprehensive Income | ₹28.84 Billion | 97.79% |
| Total Equity | ₹29.50 Billion | 100.00% |
H.G. Infra Engineering Limited Competitors by Market Cap
The table below lists competitors of H.G. Infra Engineering Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leadtek Research Inc
TW:2465
|
$104.11 Million |
|
Japan Cash Machine Co. Ltd
F:JCM
|
$104.14 Million |
|
Shiyan Taixiang Industry Co. Ltd. A
SHE:301192
|
$104.16 Million |
|
SB Financial Group Inc
NASDAQ:SBFG
|
$104.23 Million |
|
Ceigall India
NSE:CEIGALL
|
$104.10 Million |
|
Wellcall Holdings Bhd
KLSE:7231
|
$104.05 Million |
|
Fiducian Group Ltd
AU:FID
|
$104.05 Million |
|
Somboon Advance Technology Public Company Limited
BK:SAT
|
$104.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H.G. Infra Engineering Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,550,310,000 to 29,496,650,000, a change of 4,946,340,000 (20.1%).
- Net income of 5,054,660,000 contributed positively to equity growth.
- Dividend payments of 97,760,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,946,340,000.
- Other factors decreased equity by 4,956,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹5.05 Billion | +17.14% |
| Dividends Paid | ₹97.76 Million | -0.33% |
| Other Comprehensive Income | ₹4.95 Billion | +16.77% |
| Other Changes | ₹-4.96 Billion | -16.8% |
| Total Change | ₹- | 20.15% |
Book Value vs Market Value Analysis
This analysis compares H.G. Infra Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 39.97x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹12.24 | ₹489.35 | x |
| 2015-03-31 | ₹12.96 | ₹489.35 | x |
| 2016-03-31 | ₹18.84 | ₹489.35 | x |
| 2017-03-31 | ₹26.99 | ₹489.35 | x |
| 2018-03-31 | ₹98.77 | ₹489.35 | x |
| 2019-03-31 | ₹101.73 | ₹489.35 | x |
| 2020-03-31 | ₹126.78 | ₹489.35 | x |
| 2021-03-31 | ₹163.04 | ₹489.35 | x |
| 2022-03-31 | ₹220.34 | ₹489.35 | x |
| 2023-03-31 | ₹294.90 | ₹489.35 | x |
| 2024-03-31 | ₹376.69 | ₹489.35 | x |
| 2025-03-31 | ₹452.55 | ₹489.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H.G. Infra Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.00%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.97x
- Recent ROE (17.14%) is below the historical average (21.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 21.52% | 3.65% | 2.12x | 2.78x | ₹91.91 Million |
| 2015 | 10.92% | 2.53% | 1.53x | 2.83x | ₹7.79 Million |
| 2016 | 24.58% | 4.07% | 1.85x | 3.25x | ₹179.06 Million |
| 2017 | 28.03% | 4.67% | 1.85x | 3.24x | ₹317.08 Million |
| 2018 | 15.58% | 6.05% | 0.94x | 2.74x | ₹301.78 Million |
| 2019 | 19.21% | 6.32% | 1.28x | 2.37x | ₹610.45 Million |
| 2020 | 20.16% | 7.53% | 1.00x | 2.68x | ₹839.84 Million |
| 2021 | 22.27% | 9.22% | 0.96x | 2.53x | ₹1.30 Billion |
| 2022 | 26.47% | 10.38% | 1.11x | 2.29x | ₹2.36 Billion |
| 2023 | 25.66% | 11.04% | 0.91x | 2.56x | ₹3.01 Billion |
| 2024 | 21.94% | 10.01% | 0.99x | 2.21x | ₹2.93 Billion |
| 2025 | 17.14% | 10.00% | 0.58x | 2.97x | ₹2.10 Billion |
Industry Comparison
This section compares H.G. Infra Engineering Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,288,557
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H.G. Infra Engineering Limited (HGINFRA) | ₹31.03 Billion | 21.52% | 2.35x | $104.11 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $18.39 Million |
| ABINFRA (ABINFRA) | $815.46 Million | 14.00% | 0.92x | $1.98K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $518.63 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $17.98 Billion | 11.24% | 1.06x | $202.86 Million |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $166.24 Million |
| Atal Realtech Limited (ATALREAL) | $377.12 Million | 5.69% | 0.53x | $2.54K |
| AXISCADES Technologies Limited (AXISCADES) | $3.44 Billion | -1.52% | 1.63x | $262.35 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $119.54 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $5.24 Billion | 5.25% | 1.89x | $42.74 Million |