Highway Infrastructure Reports Strong FY26 Performance
ROADS & HIGHWAYS

Highway Infrastructure Reports Strong FY26 Performance

Highway Infrastructure Limited (HIL) reported consolidated financial results for the year ended March 31, 2026, registering total income of Rs. 6,334 mn in FY26, up 25.6 per cent from Rs. 5,045 mn in FY25. Profit after tax rose 42 per cent to Rs. 318 mn from Rs. 224 mn, while EBITDA increased to Rs. 515 mn from Rs. 401 mn. Return on equity remained at 18.4 per cent, underlining operational efficiency.

HIL said the order book expanded by 113 per cent year on year to Rs. 11.33 bn as on March 2026, providing near-term revenue visibility. The company reported a net worth increase of 94 per cent to Rs. 2,285 mn and improvement in debt to equity to 0.45x, which management said strengthens headroom for growth. Segmental performance showed tolling, EPC and real estate contributing to the consolidated results.

In the fourth quarter HIL recorded total income of Rs. 2,772 mn compared with Rs. 1,356 mn in the year earlier quarter, reflecting higher collection and project activity. Quarterly EBITDA was Rs. 161 mn, lower than Rs. 187 mn in the prior quarter due to elevated input costs, and quarterly profit after tax was Rs. 87 mn against Rs. 120 mn. Management noted that execution discipline and balance sheet prudence supported overall performance.

The company highlighted its strategic focus on maintaining a balanced portfolio across EPC projects and tollway operations while scaling emerging verticals such as wayside amenities, ropeways, EV charging and renewable energy. Management indicated that the rollout of the multi lane free flow framework could reshape tolling over time and that implementation is expected to be phased across select corridors. HIL said it will continue to invest in technology and capabilities to position itself for sustained growth.

Highway Infrastructure Limited (HIL) reported consolidated financial results for the year ended March 31, 2026, registering total income of Rs. 6,334 mn in FY26, up 25.6 per cent from Rs. 5,045 mn in FY25. Profit after tax rose 42 per cent to Rs. 318 mn from Rs. 224 mn, while EBITDA increased to Rs. 515 mn from Rs. 401 mn. Return on equity remained at 18.4 per cent, underlining operational efficiency. HIL said the order book expanded by 113 per cent year on year to Rs. 11.33 bn as on March 2026, providing near-term revenue visibility. The company reported a net worth increase of 94 per cent to Rs. 2,285 mn and improvement in debt to equity to 0.45x, which management said strengthens headroom for growth. Segmental performance showed tolling, EPC and real estate contributing to the consolidated results. In the fourth quarter HIL recorded total income of Rs. 2,772 mn compared with Rs. 1,356 mn in the year earlier quarter, reflecting higher collection and project activity. Quarterly EBITDA was Rs. 161 mn, lower than Rs. 187 mn in the prior quarter due to elevated input costs, and quarterly profit after tax was Rs. 87 mn against Rs. 120 mn. Management noted that execution discipline and balance sheet prudence supported overall performance. The company highlighted its strategic focus on maintaining a balanced portfolio across EPC projects and tollway operations while scaling emerging verticals such as wayside amenities, ropeways, EV charging and renewable energy. Management indicated that the rollout of the multi lane free flow framework could reshape tolling over time and that implementation is expected to be phased across select corridors. HIL said it will continue to invest in technology and capabilities to position itself for sustained growth.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code