H.G. Infra Wins MES Contract for Naval Dockyard Facility in Mumbai

H.G. Infra Engineering Limited (HGINFRA), a leading infrastructure development company, has received a significant Letter of Award (LOA) from the Military Engineer Services (MES).  

The contract is for the creation of an Integrated Material Handling Facility at the Naval Dockyard in Mumbai (ND-MBI), Maharashtra. 

Strengthening Defence Infrastructure 

This project highlights HGINFRA’s growing presence in the defence infrastructure segment, adding to its diverse portfolio of road, rail, and urban development projects. The facility is expected to enhance logistics efficiency and operational readiness at one of India’s key naval bases. 

Company Financial Performance Overview (FY25) 

For the financial year ended March 31, 2025, the company reported total revenue from operations at ₹50,561.82 million, compared to ₹53,784.79 million in FY24, indicating a YoY decline. Other income also dropped to ₹137.07 million in FY25 from ₹179.88 million in FY24.  

Consequently, the total income for FY25 stood at ₹50,698.89 million, lower than ₹53,964.67 million in the previous year. For the March 2025 quarter specifically, revenue from operations was ₹13,608.94 million, with other income of ₹30.14 million, bringing the total income to ₹13,639.08 million. 

Despite the dip in total income, the company recorded a PAT of ₹5,054.01 million in FY25, marginally down from ₹5,385.86 million in FY24. For the quarter ended March 31, 2025, the PAT was ₹1,470.08 million, showing an improvement from ₹1,151.16 million in the previous quarter but lower than ₹1,900.34 million recorded in the same quarter last year. 

H.G. Infra Engineering Share Price Performance 

On August 6, 2025, H.G. Infra Engineering share price opened at ₹1,035.00, touching the day’s low at ₹1,002.10, as of 2:06 PM on the NSE. 

Also Read: H.G. Infra Engineering Emerges as Lowest Bidder for Naval Dockyard Project! 

Conclusion 

The award of this strategic contract marks another milestone for HGINFRA, reflecting its execution capabilities and trust built with government agencies. It also signals the company’s intent to expand beyond traditional infrastructure domains and contribute to India's defence infrastructure development. 

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