G R Infraprojects Limited
₹755.60-₹18.95 (-2.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹9,104 Cr
- P/E
- 10.6x
- EV / EBITDA
- 3.2x
- Revenue
- ₹6,516 Cr
- Net margin
- 25.4%
- ROCE
- 14.3%
Price chart
Technical chartScreen technicals →-36.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -5.6%
- 3M
- -15.2%
- 6M
- -19.3%
- 1Y
- -36.2%
- 5Y
- -62.3%
52-week range
Day change -₹18.95 (-2.4%) from ₹775 to ₹756 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in GRINFRA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 23.5%
Concerns1
- Other income is 67.1% of PBT — a large share of earnings is non-operating
Rule-based from financial data. Not advice.
About the company
G R Infraprojects Limited provides engineering, procurement, construction, and project management services for roads and highways, bridges, airport runway, railways and metro, tunnels and hydro, power transmission, multi modal logistic park, and optical fiber cable industries in India.
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G R Infraprojects Limited provides engineering, procurement, construction, and project management services for roads and highways, bridges, airport runway, railways and metro, tunnels and hydro, power transmission, multi modal logistic park, and optical fiber cable industries in India. It operates through the Engineering, Procurement, and Construction; Built, Operate and Transfer/Annuity Projects; and Others segments. The company constructs and develops state and national highways, bridges, culverts, flyovers, airport runways, tunnels, and rail over bridges. It also offers a range of services on a turnkey basis in railway infrastructure projects, such as civil infrastructures, including earthworks, bridges, station buildings, and facilities; new track laying and rehabilitation of existing tracks; railway electrification and power systems; and signaling and telecommunication services. In addition, the company designs, constructs, and maintains transmission lines, substations, and distribution networks. Further, it manufactures thermoplastic road-marking paints and road signage; and fabricates and galvanizes metal crash barriers, as well as processes bitumen. The company was formerly known as G.R. Agarwal Builders and Developers Limited and changed its name to G R Infraprojects Limited in August 2007. G R Infraprojects Limited was incorporated in 1995 and is headquartered in Udaipur, India.
- Sector
- Industrials
- Shares outstanding
- 9.7 Cr shares
- ISIN
- INE201P01022
- BSE code
- 543317
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹9,104 Cr
- P/E
- 10.6x
- P/B
- 1.1x
- EV / EBITDA
- 3.2x
- EV / Sales
- 1.1x
- P/S
- 1.2x
- Earnings yield
- 9.4%
- 52-week high
- ₹1,234.60
- 52-week low
- ₹755.60
Profitability
- Operating margin
- 14.6%
- Net margin
- 25.4%
- EBITDA margin
- 35.2%
- ROE
- 27.5%
- ROCE
- 14.3%
- ROA
- 21.0%
- Dividend payout
- 0.0%
- Tax rate
- 17.0%
- Other income, % of PBT
- 67.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹6,516 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -16.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.3%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,741 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 83.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -59.2%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹848 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹174 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.5%
Solvency and efficiency
- Current ratio
- 5.54
- Debt / Equity
- 0.10
- Debt / Assets
- 0.08
- Debt / EBITDA
- 0.27
- Interest coverage
- 10.91
- Financial leverage
- 1.31
- CFO / Net profit
- 0.43
- Cash / Market cap
- 59.6%
- Cash per share
- ₹559.93
- Asset turnover
- 0.83
- Fixed asset turnover
- 5.95
- Capital intensity
- 0.17
- Debtor days
- 81 days
- Cash conversion cycle
- 81 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹12 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹5,611 Cr |
| Sales | Operating profit | ₹905 Cr |
| Operating profit | Interest | ₹86 Cr |
| Operating profit | Depreciation | ₹245 Cr |
| Operating profit | Profit before tax | ₹574 Cr |
| Other income | Profit before tax | ₹524 Cr |
| Profit before tax | Tax and other | ₹291 Cr |
| Profit before tax | Net profit | ₹807 Cr |
Revenue and net profit
Revenue fell 16.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹7,244 Cr | ₹781 Cr |
| FY2022 | ₹7,919 Cr | ₹761 Cr |
| FY2023 | ₹8,148 Cr | ₹852 Cr |
| FY2024 | ₹7,788 Cr | ₹1,977 Cr |
| FY2025 | ₹6,516 Cr | ₹807 Cr |
Cash flows
FY2025: ₹868 Cr from operations, ₹611 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹420 Cr | -₹505 Cr |
| FY2022 | ₹561 Cr | ₹324 Cr |
| FY2023 | ₹764 Cr | ₹118 Cr |
| FY2024 | ₹848 Cr | ₹583 Cr |
| FY2025 | ₹868 Cr | ₹611 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹6,516 Cr-16.3%1Y
- Net profit
- ₹807 Cr-59.2%1Y
- Cash from operations
- ₹868 Cr
- Free cash flow
- ₹611 Cr+4.8%1Y
- Revenue CAGR, 5Y
- 5.3%
- EBITDA CAGR, 5Y
- 15.5%
- Net profit CAGR, 5Y
- 23.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹6,516 Cr | ₹905 Cr | — | ₹807 Cr | ₹868 Cr | ₹611 Cr | 10.2% | -16.3% | -59.2% |
Monthly returns
Month-by-month returns of GRINFRA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹9,800 Cr |
| Equity capital | ₹48 Cr |
| Reserves | ₹7,839 Cr |
| Borrowings | ₹517 Cr |
| Other liabilities | ₹1,395 Cr |
| Assets | ₹9,800 Cr |
| Fixed assets | ₹1,075 Cr |
| Capital work in progress | ₹137 Cr |
| Investments | ₹2,993 Cr |
| Other assets | ₹5,595 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
GRINFRA trades at 10.6x earnings against a peer median of 38.3x (a 72% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| G R Infraprojects LimitedGRINFRAthis companyP/E ↓ discount | ₹9,104 Cr | 10.6x | 1.1x | 27.5% | 3.2x |
| SKF India Ltd.SKFINDUS | ₹9,269 Cr | 23.2x | 3.4x | — | — |
| RHI MAGNESITA INDIA LIMITEDRHIM | ₹9,221 Cr | 51.1x | 2.3x | -1.4% | 74.9x |
| Vesuvius India Ltd.VESUVIUS | ₹9,019 Cr | 37.0x | 5.9x | — | — |
| Elecon Engineering Co.Ltd.ELECON | ₹8,982 Cr | 24.1x | 4.7x | 22.5% | 19.5x |
| ramkrishna forgings Ltd.RKFORGE | ₹8,975 Cr | 36.6x | 2.9x | 10.5% | 12.4x |
| Time Technoplast LimitedTIMETECHNO | ₹8,899 Cr | 46.6x | 4.2x | 9.0% | 24.3x |
| Apollo Micro Systems LimitedAPOLLO | ₹8,888 Cr | 104.0x | 7.7x | 6.2% | 103.9x |
| Shakti Pumps (India) Ltd.SHAKTIPUMP | ₹8,888 Cr | 22.6x | 5.9x | 17.3% | 45.0x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
GRINFRA since 1 January, against earlier years.
Historical volatility
GRINFRA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 18.0% |
| FY2022 | 16.0% |
| FY2023 | 16.0% |
| FY2024 | 15.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹6,516 Cr |
| Costs | |
| Interest | ₹86 Cr |
| Expenses | ₹5,611 Cr |
| Operating profitOperating Profit | ₹905 Cr |
| Other income and charges | |
| Profit before tax | ₹1,098 Cr |
| Tax | |
| Net profitNet Profit | ₹807 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹9,800 Cr |
| Equity capitalEquity Capital | ₹48 Cr |
| Reserves | ₹7,839 Cr |
| Borrowings | ₹517 Cr |
| Other liabilitiesOther Liabilities | ₹1,395 Cr |
| AssetsTotal Assets | ₹9,800 Cr |
| Fixed assetsFixed Assets | ₹1,075 Cr |
| Capital work in progressCWIP | ₹137 Cr |
| Investments | ₹2,993 Cr |
| Other assetsOther Assets | ₹5,595 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹868 Cr |
| Investing cash flowCash from Investing Activity | -₹257 Cr |
| Financing cash flowCash from Financing Activity | -₹437 Cr |
| Change in cashNet Cash Flow | ₹174 Cr |
Learn while you research
Academy chapters picked for G R Infraprojects Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Value InvestingA P/E of 10.6 could be a value opportunity, or a value trap. Know the difference.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read