Earnings call · Apr–Jun 2026
Highway Infrastructure Limited
Apr–Jun 2026 revenue grew 170.6% to ₹304 crore but profitability was hit by geopolitical disruptions affecting the Moti Naroli toll project. Management expects recovery in H2 with improving traffic trends, ₹850 crore FY27 revenue target & geographic expansion into South India via new toll contracts.
The full notes: the guidance, numbers & KPIs, strategy, outlook, risks, what analysts asked.
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From the company
- Riddharth JainDirector and Chief Executive Officer
- Saurabh MittalJoint Chief Financial Officer
Questions came from
- Nachiket KaleNK
- Deep ShahChoice Institutional Equities
- Ajit BhattULJK Financial Services
- Rahul VermaAlpha Investments
- Priyam ShahValue Equity
- Rohan ShahRS Investment
- Raj Patel
- Isha ShahMalhotra Family Office
- Pratik ShahShah Associates
Hosted by Abhishek Bhatt of EY
Topics in this call
Opening remarks
Riddharth JainDirector and Chief Executive Officer
Good morning, everyone, and thank you for joining us today. We are pleased to begin FY27 on a strong operational footing as Highway Infrastructure continues to strengthen its position as a diversified infrastructure platform.
Over the last few years, we have successfully evolved from a regional EPC contractor into a multi-vertical infrastructure company with operations across tollway collection, EPC, and real estate, creating a balanced business model that allows us to participate in multiple segments of India's infrastructure growth story.
Read the whole call: 153 paragraphs, 10 analysts' questions with every answer, 5 marked passages.
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The transcript as the company filed it on BSE. Our own rules split it into speakers & sections; an unusual layout can trip them, so check the original PDF for anything important. Not a recommendation.