H.G. Infra Engineering Limited (HGINFRA) - Net Assets
Based on the latest financial reports, H.G. Infra Engineering Limited (HGINFRA) has net assets worth Rs31.03 Billion INR (≈ $335.60 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs103.94 Billion ≈ $1.12 Billion USD) and total liabilities (Rs72.91 Billion ≈ $788.51 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 H.G. Infra Engineering Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs31.03 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. Also explore H.G. Infra Engineering Limited balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see HGINFRA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 | Rs26.15 Billion | 88.66% |
| Common Stock | Rs651.71 Million | 2.21% |
| Other Comprehensive Income | Rs28.84 Billion | 97.79% |
| Total Equity | Rs29.50 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 |
|---|---|
|
Ipd Group Ltd
AU:IPG
|
$419.36 Million |
|
Johnson Controls - Hitachi Air Conditioning India Limited
NSE:JCHAC
|
$419.42 Million |
|
Gruvaktiebolaget Viscaria
ST:VISC
|
$419.49 Million |
|
DINE S.A.B. de C.V
MX:DINEB
|
$419.50 Million |
|
Xiangyang BOYA Precision Industrial Equipments Co. Ltd
SHE:300971
|
$419.20 Million |
|
Deutsche Pfandbriefbank AG
XETRA:PBB
|
$419.03 Million |
|
African Gold Ltd
AU:A1G
|
$419.02 Million |
|
TSH Resources Bhd
KLSE:9059
|
$418.96 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 | Rs5.05 Billion | +17.14% |
| Dividends Paid | Rs97.76 Million | -0.33% |
| Other Comprehensive Income | Rs4.95 Billion | +16.77% |
| Other Changes | Rs-4.96 Billion | -16.8% |
| Total Change | Rs- | 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: 1.31x
- 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 48.59x to 1.31x 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 | Rs595.00 | x |
| 2015-03-31 | Rs12.96 | Rs595.00 | x |
| 2016-03-31 | Rs18.84 | Rs595.00 | x |
| 2017-03-31 | Rs26.99 | Rs595.00 | x |
| 2018-03-31 | Rs98.77 | Rs595.00 | x |
| 2019-03-31 | Rs101.73 | Rs595.00 | x |
| 2020-03-31 | Rs126.78 | Rs595.00 | x |
| 2021-03-31 | Rs163.04 | Rs595.00 | x |
| 2022-03-31 | Rs220.34 | Rs595.00 | x |
| 2023-03-31 | Rs294.90 | Rs595.00 | x |
| 2024-03-31 | Rs376.69 | Rs595.00 | x |
| 2025-03-31 | Rs452.55 | Rs595.00 | 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 | 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 |
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: $5,406,533,252
- Average return on equity (ROE) among peers: 11.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H.G. Infra Engineering Limited (HGINFRA) | Rs31.03 Billion | 21.52% | 2.35x | $419.36 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $2.39 Billion | -46.34% | 11.33x | $32.19 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $35.98 Billion | 12.50% | 3.51x | $1.35 Billion |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $4.86 Million |
| Ashoka Buildcon Limited (ASHOKA) | $1.53 Billion | 2.79% | 1.89x | $407.57 Million |
| AXISCADES Technologies Limited (AXISCADES) | $1.27 Billion | 15.54% | 0.48x | $923.53 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $1.73 Billion | 28.13% | 4.06x | $230.95 Million |
| Consolidated Construction Consortium Limited (CCCL) | $4.51 Billion | 19.32% | 1.22x | $79.43 Million |
| Ceigall India (CEIGALL) | $4.31 Billion | 29.19% | 1.22x | $637.91 Million |
| Dilip Buildcon Limited (DBL) | $1.13 Billion | 34.61% | 3.83x | $816.55 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $395.72 Million | 12.22% | 1.09x | $7.28 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