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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
H.G. Infra Engineering Limited is an India-based infrastructure company. The Company specializes in the execution of infrastructure projects, focusing on roads, highways, bridges, railways, water pipeline projects, land development, and metro projects. The Company is engaged…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, trading cheap versus its own history — but flagged on governance.
H.G. Infra Engineering is scored on the general / industrial framework. It keeps a slim 6.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.76×) — worth a closer look. Free cash flow is worth about -31.5% of its market value.
Over the last 3 years revenue compounded at 4%/yr and profit at -13%/yr. Book value itself has compounded 20%/yr — the hallmark of a genuine compounder. Return on equity is a modest 8.7%. In the latest quarter profit fell 153% versus the prior quarter.
At 8× earnings, the stock sits at the 5th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~2%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Only ₹-0.58 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.22 | 22.44 | better |
| P/B | 0.8 | 2.58 | better |
| EV/EBITDA | 7.04 | 29.45 | better |
| ROE | 8.72 | 6.27 | better |
| ROCE | 11.37 | 29.51 | worse |
| ROA | 2.11 | 3.35 | worse |
| Quick Ratio | 1.08 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
4% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (4% vs -13%) — costs are rising faster than the top line. The latest year saw a -35% swing — check if it's a one-off or structural.
Operating margin has compressed from 14% to 9% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 10% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 16pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -13% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 23% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (36% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 8% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 153% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (6% → -4%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 71.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.