H.G. Infra Engineering Limited (HGINFRA) - Net Assets
Based on the latest financial reports, H.G. Infra Engineering Limited (HGINFRA) has net assets worth Rs32.81 Billion INR (≈ $354.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs109.01 Billion ≈ $1.18 Billion USD) and total liabilities (Rs76.20 Billion ≈ $824.03 Million USD). 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. Check HGINFRA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs32.81 Billion |
| % of Total Assets | 30.1% |
| Annual Growth Rate | 36.3% |
| 5-Year Change | 128.52% |
| 10-Year Change | 1765.63% |
| Growth Volatility | 51.08 |
H.G. Infra Engineering Limited - Net Assets Trend (2014–2026)
This chart illustrates how H.G. Infra Engineering Limited's net assets have evolved over time, based on quarterly financial data. See how many days can H.G. Infra Engineering Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for H.G. Infra Engineering Limited (2014–2026)
The table below shows the annual net assets of H.G. Infra Engineering Limited from 2014 to 2026. For live valuation and market cap data, see HGINFRA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs32.81 Billion ≈ $354.87 Million |
+11.24% |
| 2025-03-31 | Rs29.50 Billion ≈ $319.01 Million |
+20.15% |
| 2024-03-31 | Rs24.55 Billion ≈ $265.50 Million |
+27.74% |
| 2023-03-31 | Rs19.22 Billion ≈ $207.84 Million |
+33.84% |
| 2022-03-31 | Rs14.36 Billion ≈ $155.30 Million |
+35.14% |
| 2021-03-31 | Rs10.63 Billion ≈ $114.91 Million |
+28.60% |
| 2020-03-31 | Rs8.26 Billion ≈ $89.36 Million |
+24.63% |
| 2019-03-31 | Rs6.63 Billion ≈ $71.70 Million |
+22.58% |
| 2018-03-31 | Rs5.41 Billion ≈ $58.49 Million |
+207.50% |
| 2017-03-31 | Rs1.76 Billion ≈ $19.02 Million |
+43.27% |
| 2016-03-31 | Rs1.23 Billion ≈ $13.28 Million |
+45.40% |
| 2015-03-31 | Rs844.34 Million ≈ $9.13 Million |
+5.81% |
| 2014-03-31 | Rs797.96 Million ≈ $8.63 Million |
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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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs651.71 Million | 2.00% |
| Other Components | Rs32.00 Billion | 98.00% |
| Total Equity | Rs32.65 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 |
|---|---|
|
Geron Co Ltd
SHE:002722
|
$408.38 Million |
|
Cross Country Healthcare Inc
NASDAQ:CCRN
|
$408.38 Million |
|
Gladstone Capital Corporation
NASDAQ:GLAD
|
$408.48 Million |
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
$408.57 Million |
|
Instone Real Estate Group AG
XETRA:INS
|
$408.10 Million |
|
Zbom Cabinets Co Ltd
SHG:603801
|
$408.05 Million |
|
Plastika Kritis S.A.
AT:PLAKR
|
$407.95 Million |
|
Zhengzhou J and T Hi Tech Co
SHE:300845
|
$407.74 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 2025 to 2026, total equity changed from 29,496,650,000 to 32,650,070,000, a change of 3,153,420,000 (10.7%).
- Net income of 3,303,700,000 contributed positively to equity growth.
- Dividend payments of 130,340,000 reduced retained earnings.
- Other comprehensive income decreased equity by 28,844,940,000.
- Other factors increased equity by 28,825,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.30 Billion | +10.12% |
| Dividends Paid | Rs130.34 Million | -0.4% |
| Other Comprehensive Income | Rs-28.84 Billion | -88.35% |
| Other Changes | Rs28.82 Billion | +88.28% |
| Total Change | Rs- | 10.69% |
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: 1.16x
- 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 47.29x to 1.16x 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 | Rs12.24 | Rs579.05 | x |
| 2015-03-31 | Rs12.96 | Rs579.05 | x |
| 2016-03-31 | Rs18.84 | Rs579.05 | x |
| 2017-03-31 | Rs26.99 | Rs579.05 | x |
| 2018-03-31 | Rs98.77 | Rs579.05 | x |
| 2019-03-31 | Rs101.73 | Rs579.05 | x |
| 2020-03-31 | Rs126.78 | Rs579.05 | x |
| 2021-03-31 | Rs163.04 | Rs579.05 | x |
| 2022-03-31 | Rs220.34 | Rs579.05 | x |
| 2023-03-31 | Rs294.90 | Rs579.05 | x |
| 2024-03-31 | Rs376.69 | Rs579.05 | x |
| 2025-03-31 | Rs452.55 | Rs579.05 | x |
| 2026-03-31 | Rs500.17 | Rs579.05 | 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): 10.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.31%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.34x
- Recent ROE (10.12%) is below the historical average (20.28%), 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 | Rs91.91 Million |
| 2015 | 10.92% | 2.53% | 1.53x | 2.83x | Rs7.79 Million |
| 2016 | 24.58% | 4.07% | 1.85x | 3.25x | Rs179.06 Million |
| 2017 | 28.03% | 4.67% | 1.85x | 3.24x | Rs317.08 Million |
| 2018 | 15.58% | 6.05% | 0.94x | 2.74x | Rs301.78 Million |
| 2019 | 19.21% | 6.32% | 1.28x | 2.37x | Rs610.45 Million |
| 2020 | 20.16% | 7.53% | 1.00x | 2.68x | Rs839.84 Million |
| 2021 | 22.27% | 9.22% | 0.96x | 2.53x | Rs1.30 Billion |
| 2022 | 26.47% | 10.38% | 1.11x | 2.29x | Rs2.36 Billion |
| 2023 | 25.66% | 11.04% | 0.91x | 2.56x | Rs3.01 Billion |
| 2024 | 21.94% | 10.01% | 0.99x | 2.21x | Rs2.93 Billion |
| 2025 | 17.14% | 10.00% | 0.58x | 2.97x | Rs2.10 Billion |
| 2026 | 10.12% | 6.31% | 0.48x | 3.34x | Rs38.69 Million |
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: $9,786,288,823
- Average return on equity (ROE) among peers: 16.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H.G. Infra Engineering Limited (HGINFRA) | Rs32.81 Billion | 21.52% | 2.32x | $408.11 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $27.16 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $27.03 Billion | 13.18% | 3.80x | $1.27 Billion |
| Akash Infra-Projects Limited (AKASH) | $835.99 Million | 1.65% | 1.30x | $4.86 Million |
| Ashoka Buildcon Limited (ASHOKA) | $19.75 Billion | 14.81% | 7.68x | $399.98 Million |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $893.23 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $9.29 Billion | 0.16% | 1.42x | $207.91 Million |
| Consolidated Construction Consortium Limited (CCCL) | $251.80 Million | 51.69% | 1.73x | $71.41 Million |
| Ceigall India (CEIGALL) | $21.46 Billion | 14.53% | 1.57x | $715.53 Million |
| Dilip Buildcon Limited (DBL) | $7.19 Billion | 25.83% | 3.96x | $754.62 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $42.01 Million | 18.80% | 1.98x | $5.65 Million |
About 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