Synopsis:
The infrastructure firm’s shares surged after securing Rs 3.05 crore in EPC contracts under the PM-eBus Seva scheme. Strong Q1FY26 results, a diversified portfolio across tollways, EPC, and real estate, and a robust order book support growth and profitability.
The shares of a prominent infrastructure solution provider gained up to 8 percent in today’s morning session after the company secured two EPC contracts from AICTSL under the PM-eBus Seva scheme worth Rs 3.05 crore.
With a market capitalization of Rs 600.80 crore, the shares of Highway Infrastructure Ltd were trading at Rs 83.94 per share, increasing around 5 percent as compared to the previous closing price of Rs 80.11 apiece.
Significant order
The shares of Highway Infrastructure Ltd have seen positive movement after securing two EPC contracts from AICTSL under the PM-eBus Seva scheme for external electrification infrastructure to support electric bus charging. Nayta Mundla Depot contract is valued at Rs 1.96 crore, Dewas Naka Depot at Rs 1.09 crore, both scheduled for completion by March 2026.
Also read: Microcap stock jumps 7% after securing ₹ 157 Cr orders from Directorate of Education New Delhi
Financial & Operating highlights
The company reported strong Q1FY26 performance, with revenue rising 5% to ₹111.95 crore and net profit surging 70% to ₹7.19 crore compared to Q1FY25. This significant growth reflects improved operational efficiency, higher sales, and effective cost management, driving robust profitability.
The company operates across tollway collection, EPC infrastructure, and real estate, leveraging this diversified portfolio to minimize dependence on a single segment and capture multiple growth avenues. Additionally, it generates ancillary income through equipment leasing and selling surplus materials, enhancing overall revenue streams and supporting financial stability while maintaining flexibility to capitalize on varied business opportunities.
As of May 31, 2025, the company’s consolidated order book stands at ₹6,663.07 million, largely driven by the EPC Infra business at ₹6,067.77 million, while tollway collections account for ₹595.30 million. In FY25, revenue was predominantly from tollway collections (77.14%), followed by EPC Infra (21.28%) and real estate development (1.58%), highlighting a strong reliance on recurring tollway income.
Recently, Highway Infrastructure Ltd’s IPO was issued at ₹70 per share and listed on BSE at ₹115, delivering strong listing gains of 64.29% (₹45 per share). The IPO, with a size of ₹130 crore, had a minimum investment of ₹13,715 for 211 shares. Bidding was open from August 5 to 7, 2025, within a price range of ₹65–₹70.
The company has a diversified portfolio, operating toll systems across 11 states and a Union Territory, ensuring steady cash flow. Its EPC infrastructure segment is robust, with 63 projects completed and 20 ongoing, spanning roads, bridges, tanks, and civil structures in cities like Indore, Ratlam, and Khandwa. Additionally, it actively develops residential and commercial real estate, strengthening growth avenues.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
