GR Infraprojects
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
GR Infraprojects is positioned for accelerated revenue growth, supported by a robust order book and strategic diversification into high-potential sectors such as railways and power transmission. Management's focus on maintaining financial discipline amidst competitive bidding pressures and raw material cost volatility is crucial for sustaining margins. The company's integrated business model enhances operational efficiencies, which is expected to drive long-term value. Vista's financial outlook reflects this positive trajectory, with revenue growth anticipated to exceed historical levels and stable margins projected. The favorable macro environment, characterized by strong government capital expenditure in infrastructure, further bolsters GR Infraprojects' growth prospects. However, potential project delays and geopolitical uncertainties remain watchpoints. Over the next 12-24 months, the company’s ability to selectively bid on high-quality projects and manage costs will be critical in navigating competitive pressures and ensuring sustained operational performance
Why We Like This Stock
- Robust order book of Rs 2,64,715 Mn provides significant revenue visibility
- Strategic diversification into high-potential sectors like railways and power transmission enhances growth opportunities
- Integrated business model supports operational efficiencies and cost control
Things To Watch Out For
- Competitive bidding pressures may impact margins and project profitability
- Potential project delays could hinder revenue realization and execution timelines
- Geopolitical uncertainties may affect supply chains and operational execution
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 8,980 | 7,395 | 8,399 | 10,184 | 11,030 |
| Profit Before Tax (Cr.) | 1,410 | 1,288 | 1,211 | 1,435 | 1,567 |
| PBT Margin | 15.7% | 17.4% | 1441.8% | 14.1% | 14.2% |
| Net Profit (Cr.) | 1,141 | 997 | 883 | 1,049 | 1,146 |
| Earnings Per Share | 118.0 | 103.0 | 91.2 | 108.4 | 118.4 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Axis Securities | ▲ Buy | 1,130 | 13-May-2026 |
| ICICI Securities | ▲ Buy | 1,310 | 13-May-2026 |
| Motilal Oswal | ▲ Buy | 1,100 | 10-Aug-2026 |
Company Overview
Show Company Profile
G R Infraprojects Limited provides civil construction services in India. It operates through the Engineering, Procurement, and Construction; Built, Operate and Transfer/Annuity Projects; and Others segments. It offers engineering, procurement, construction (EPC), and project management services for roads and highways, bridges, airport runway, railways and metro, hydro and tunneling, power transmission and distribution, ropeways, logistics infrastructure, telecom and IT infrastructures. The company also 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 constructs tunnels in hydropower, railways, metro rail, roads, and highways; designs, constructs, and maintains transmission lines, substations, and distribution networks; and provides multimodal logistics solutions comprising road and rail to support cargo movement and bolster. Further, it manufactures bitumen emulsion, construction chemicals, metal crash barrier, OHE MAST, road signage board, and thermoplastic paint.; and undertakes repair and maintenance of EPC and HAM projects. 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.