HG Infra Engineering Ltd (Part IX)
NSE:HGINFRA

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HG Infra Engineering Ltd (Part IX)
NSE:HGINFRA
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Price: 597.7 INR -1.22% Market Closed
Market Cap: ₹39B

EV/EBITDA

7.7
Current
5%
Cheaper
vs 3-y average of 8.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.7
=
Enterprise Value
₹76.3B
/
EBITDA
₹10.2B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.7
=
Enterprise Value
₹76.3B
/
EBITDA
₹10.2B

Valuation Scenarios

HG Infra Engineering Ltd (Part IX) is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (8.1), the stock would be worth ₹630.83 (6% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-8%
Maximum Upside
+130%
Average Upside
47%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 7.7 ₹597.7
0%
3-Year Average 8.1 ₹630.83
+6%
5-Year Average 7 ₹547.44
-8%
Industry Average 12.2 ₹954.04
+60%
Country Average 17.7 ₹1 376.07
+130%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₹76.3B
/
Jan 2026
₹10.2B
=
7.7
Current
₹76.3B
/
Mar 2026
₹9.9B
=
7.7
Forward
₹76.3B
/
Mar 2027
₹10.8B
=
7
Forward
₹76.3B
/
Mar 2028
₹12B
=
6.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
HG Infra Engineering Ltd (Part IX)
NSE:HGINFRA
39.4B INR 7.7 9.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 10.9 19.9
US
Quanta Services Inc
NYSE:PWR
93.5B USD 40 91
FR
Vinci SA
PAR:DG
70.9B EUR 6.5 14.4
US
Comfort Systems USA Inc
NYSE:FIX
60.7B USD 41 59.4
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 20.4 33.9
IN
Larsen and Toubro Ltd
F:LTO
46.8B EUR 18.6 30.8
ES
Ferrovial SA
MAD:FER
43.3B EUR 33.5 47.9
NL
Ferrovial SE
AEX:FER
42.3B EUR 33.4 47.6
DE
Hochtief AG
XETRA:HOT
34.5B EUR 12.8 38.2
US
EMCOR Group Inc
NYSE:EME
38.7B USD 21.4 30.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
HG Infra Engineering Ltd (Part IX)
NSE:HGINFRA
Average EV/EBITDA: 22.4
7.7
4%
1.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
10.9
N/A N/A
US
Quanta Services Inc
NYSE:PWR
40
22%
1.8
FR
Vinci SA
PAR:DG
6.5
5%
1.3
US
Comfort Systems USA Inc
NYSE:FIX
41
16%
2.6
IN
Larsen & Toubro Ltd
NSE:LT
20.4
18%
1.1
IN
Larsen and Toubro Ltd
F:LTO
18.6
18%
1
ES
Ferrovial SA
MAD:FER
33.5
9%
3.7
NL
Ferrovial SE
AEX:FER
33.4
9%
3.7
DE
H
Hochtief AG
XETRA:HOT
12.8
4%
3.2
US
EMCOR Group Inc
NYSE:EME
21.4
8%
2.7

Market Distribution

Lower than 87% of companies in India
Percentile
13th
Based on 2 785 companies
13th percentile
7.7
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

HG Infra Engineering Ltd (Part IX)
Glance View

In the bustling world of Indian infrastructure, HG Infra Engineering Ltd stands as a formidable player, driving progress through meticulous construction and innovative engineering solutions. Established with a vision to elevate the nation's built environment, the company specializes in the development of roads, highways, and civil infrastructure. By capitalizing on the burgeoning demand for robust transportation networks driven by India's rapid urbanization, HG Infra has carved a niche for itself within the EPC (Engineering, Procurement, and Construction) sector. With a commitment to excellence, the company strategically bids for and secures government contracts, which form the backbone of its revenue stream. The operational blueprint of HG Infra involves not only crafting durable structures but also ensuring timely delivery through efficient project management, reinforcing its reputation as a reliable partner in infrastructure development. HG Infra Engineering's growth narrative is marked by its capacity to adapt and innovate within a competitive market. The company’s success hinges on its adeptness at employing cutting-edge technology and sustainable practices to enhance project efficiency and quality. Profitability is bolstered by its focus on cost-effective procurement and skilled workforce management, allowing it to maintain competitive pricing while safeguarding margins. Over the years, this strategic approach has enabled HG Infra to expand its footprint across multiple states in India, embarking on projects that range from state highways to urban infrastructure. As it continues to ride the wave of infrastructure development, HG Infra maintains a dynamic balance between leveraging current opportunities and preparing for future industry shifts, a testament to its robust business model and visionary leadership.

HGINFRA Intrinsic Value
669.7 INR
Undervaluation 11%
Intrinsic Value
Price ₹597.7
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