HGIEL has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.
Alongside the roadways and highways project, the company is also engaged in the executing the projects of railways, metro and solar infrastructure.
Clientele of the company includes Ministry of Road Transport and Highways, National Highway Authority of India, Adani, Indian Railways, Delhi Metro Rail Corporation, Public Works Department Rajasthan, Tata, Jaipur Development Authority, Rail Vikas Nigam, Public Works Department Maharashtra etc.
From the last 22 years since inception, the company has expanded its business to 12 different Indian states some of which includes Rajasthan, Haryana, Uttar Pradesh, Uttarakhand, Odisha, Bihar, Delhi NCR Maharashtra, Andhra Pradesh etc.
On the basis of the region, company on an average receives 32% of its order from North India, 31% from East India, 18% from South India and 19% from West India.
Talking about the financials, revenue of the company increased by 16% from INR 4418Cr in FY23 as compared to INR 5121Cr in FY24.
Whereas, net profit increased by 30% from INR 421Cr in FY23 to INR 545Cr in FY24 during the same time period.
Over the last 5 years, revenue increase at CAGR of 21%, during the same time period Net Profit increased at CAGR of 35%.
Whereas, net profit increased by 30% from INR 421Cr in FY23 to INR 545Cr in FY24 during the same time period.
Over the last 5 years, revenue increase at CAGR of 21%, during the same time period Net Profit increased at CAGR of 35%.
In Q4FY24, company received various order worth INR 4549Cr from diverse sectors that are to be executed in Maharashtra, Bihar, Rajasthan, Jharkhand, Andhra Pradesh.
Company has an order book of INR 12,434Cr in the FY24. Over the last 5 years, the order book of the company has increased at a CAGR of 15%.
Of its total order book, 68% is from roadways, 21% from railways and 11% from Solar Infrastructure.
Of its total order book, 68% is from roadways, 21% from railways and 11% from Solar Infrastructure.
The orders in pipeline is to be executed for various companies both for Private Companies and PSUs. 83% of the total order book is given by PSUs and the remaining 17% from Private companies.
Geographically, majority of the orders of the company are to be executed in Uttar Pradesh, Bihar, Rajasthan, Maharashtra, Andhra Pradesh, Jharkhand etc.
This is not a BUY or SELL recommendation. It is only for information purpose.
Ensure a thorough analysis of risks and opportunities before making any decision.
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Ensure a thorough analysis of risks and opportunities before making any decision.
For more such information,
Follow ♥️@sovrennofficial
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We must study the following types of companies thoroughly. Going through such data also helps in finding good investments:
1. Companies posting excellent results in the March’24 quarter: sovrenn.com
2. Companies doing preferential equity allotment and raising growth capital: sovrenn.com
3. Companies doing capital expenditure and increasing the fixed asset base: sovrenn.com
4. Companies doing JVs and acquisitions: sovrenn.com
5. Companies being purchased by other smart investors: sovrenn.com
6. Companies getting large orders: sovrenn.com
1. Companies posting excellent results in the March’24 quarter: sovrenn.com
2. Companies doing preferential equity allotment and raising growth capital: sovrenn.com
3. Companies doing capital expenditure and increasing the fixed asset base: sovrenn.com
4. Companies doing JVs and acquisitions: sovrenn.com
5. Companies being purchased by other smart investors: sovrenn.com
6. Companies getting large orders: sovrenn.com
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