Synopsis:
Highway Infrastructure Limited has won a contract from the National Highways Authority of India for a consideration of Rs.31.08 crore to manage the Chotiya Fee Plaza in Chhattisgarh.
The shares of a microcap company involved in infrastructure projects such as roads, highways, bypasses, expressways, bridges, flyovers, and the construction of residential buildings came to the spotlight after winning a contract by the National Highways Authority of India worth Rs.31.08 crores.
With a market capitalization of Rs.605.61 crore, the shares of Highway Infrastructure Limited were trading at Rs.84.44, down by 0.49 percent from the previous day’s closing price of Rs.84.86.
Contract
The Highway Infrastructure Limited has received a domestic order from the National Highways Authority of India to operate the Chotiya Fee Plaza in Chhattisgarh. Under this contract, the operator will be responsible for collecting tolls from vehicles using the plaza and managing the nearby washroom facilities, including the refilling of consumable items.
The agreement is valid for one year and is valued at around Rs. 31.08 crore. Operations are set to commence in accordance with the terms outlined in the contract. In continuation, the company is planning to take over the Fee Plaza on 11th October,2025.
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About The Company
Highway Infrastructure Limited focuses on building and maintaining roads and highways. In Indore, Madhya Pradesh, it works on projects like roads, highways, bypasses, expressways, bridges, and flyovers.
In the first quarter of FY26, the company earned Rs. 113.60 crore in revenue, up from Rs.82.28 crore in the same period last year. Its net profit also increased significantly to Rs. 7.20 crore from Rs. 3.16 crore.
The company’s return on equity is 18.8 percent, and its return on capital employed is 19.6 percent. Its price-to-earnings is 31.25, compared to the industry average of 31.38.
Written By Jhanavi Sivakumar
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