Company Valuation: H.G. Infra Engineering Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 19,428 36,362 51,009 59,234 68,873 35,512 - -
Change - 87.17% 40.28% 16.12% 16.27% -48.44% - -
Enterprise Value (EV) 1 19,110 37,924 54,252 61,753 78,209 44,846 45,647 42,359
Change - 98.45% 43.06% 13.83% 26.65% -42.66% 1.79% -7.2%
P/E ratio 9.21x 10.7x 12.1x 10.9x 11.9x 8.43x 6.07x 5.83x
PBR 1.88x 2.67x 2.87x 2.55x 2.39x 1.07x 0.89x 0.78x
PEG - 0.2x 0.5x 0.4x 2.05x -0.3x 0.2x 1.42x
Capitalization / Revenue 0.77x 1.01x 1.15x 1.16x 1.14x 0.58x 0.54x 0.47x
EV / Revenue 0.76x 1.05x 1.22x 1.21x 1.29x 0.74x 0.69x 0.56x
EV / EBITDA 4.65x 6.49x 7.64x 7.51x 8.23x 5.13x 4.5x 3.89x
EV / EBIT 5.86x 7.59x 8.84x 9.07x 9.69x 6.17x 5.3x 4.5x
EV / FCF 4.45x 81.6x 21.8x 129x 279x 6.87x 6.32x 7.98x
FCF Yield 22.5% 1.23% 4.59% 0.78% 0.36% 14.6% 15.8% 12.5%
Dividend per Share 2 0.8 1 1.25 1.5 2 1.678 1.982 2.056
Rate of return 0.27% 0.18% 0.16% 0.17% 0.19% 0.31% 0.36% 0.38%
EPS 2 32.37 51.98 64.66 83.7 88.55 64.6 89.81 93.5
Distribution rate 2.47% 1.92% 1.93% 1.79% 2.26% 2.6% 2.21% 2.2%
Net sales 1 25,275 36,152 44,366 51,217 60,519 60,854 65,907 75,832
EBITDA 1 4,107 5,847 7,103 8,220 9,507 8,738 10,138 10,891
EBIT 1 3,262 4,997 6,140 6,808 8,068 7,272 8,608 9,407
Net income 1 2,110 3,388 4,214 5,455 5,771 4,210 6,666 6,094
Net Debt 1 -317.2 1,562 3,243 2,519 9,336 9,334 10,135 6,847
Reference price 2 298.10 557.95 782.70 908.90 1,056.80 544.90 544.90 544.90
Nbr of stocks (in thousands) 65,171 65,171 65,171 65,171 65,171 65,171 - -
Announcement Date 12/05/21 23/05/22 10/05/23 08/05/24 21/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.44x0.74x5.13x0.31% 38Cr
19.74x1.63x12.75x2.73% 556.59Cr
175.64x - - 0.34% 504.94Cr
73.78x - - - 168.06Cr
12.83x0.49x8.7x2.9% 165.83Cr
18.51x1.4x9.81x4.07% 135.23Cr
Average 51.49x 1.06x 9.10x 2.07% 261.47Cr
Weighted average by Cap. 74.60x 1.35x 11.23x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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