Highway Infrastructure Ltd

Highway Infrastructure Limited (HILINFRA) reported unaudited financial results for the quarter ended 30 June 2026 during its Q1 FY27 earnings conference call. Total income for the quarter was INR 304.3 crores, a 170.6% year-on-year increase. EBITDA stood at INR 4.8 crores, and PAT was INR 1.1 crores. Management highlighted strong operational performance, driven by diversified business verticals including tollway collection, EPC, and real estate. The consolidated order book was INR 778 crores as of 30 June 2026, supported by government and private sector projects. Revenue growth was supported by steady execution across segments, with notable wins including a INR 28.7 crore toll project in Tamil Nadu and a INR 80 crore contract on NH-44. Profitability was temporarily impacted by lower traffic volumes at Moti Naroli toll due to geopolitical factors and NHAI bidding restrictions, but management noted signs of recovery in traffic trends. Looking ahead, the company emphasized geographic diversification, technology integration, and a focus on larger, higher-margin projects. Management guided toward a FY27 turnover target of INR 850 crores, with INR 700 crores expected from toll operations. Strategic priorities include expanding into eastern India, leveraging technology for efficiency, and pursuing larger EPC contracts through selective bidding and potential partnerships. The company also mentioned ongoing research into renewable energy and EV infrastructure as future growth areas.

The document emphasizes strong revenue growth, geographic diversification, and strategic investments in technology and larger projects, reflecting a confident outlook.