G R Infraprojects Ltd
Incorporated in the year 1995, G R Infraprojects Ltd is an integrated road Engineering, Procurement, Construction company (EPC) with experience in the design and construction of various road/highway projects across 15 States in India. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector. [1]
- Market Cap ₹ 12,726 Cr.
- Current Price ₹ 1,316
- High / Low ₹ 1,382 / 962
- Stock P/E 18.9
- Book Value ₹ 574
- Dividend Yield 0.00 %
- ROCE 21.0 %
- ROE 17.6 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 54.2 to 84.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1,882 | 3,090 | 3,066 | 4,950 | 6,028 | 7,244 | 7,919 | 8,148 | 7,528 | |
1,658 | 2,549 | 2,502 | 3,943 | 4,786 | 5,931 | 6,638 | 6,834 | 6,501 | |
Operating Profit | 224 | 541 | 565 | 1,007 | 1,242 | 1,314 | 1,281 | 1,313 | 1,026 |
OPM % | 12% | 18% | 18% | 20% | 21% | 18% | 16% | 16% | 14% |
14 | 159 | 52 | 67 | 94 | 124 | 129 | 181 | 234 | |
Interest | 38 | 53 | 63 | 106 | 146 | 140 | 127 | 102 | 106 |
Depreciation | 44 | 64 | 81 | 138 | 187 | 227 | 282 | 246 | 242 |
Profit before tax | 156 | 583 | 473 | 831 | 1,003 | 1,071 | 1,002 | 1,146 | 912 |
Tax % | 35% | -0% | 17% | 28% | 31% | 27% | 24% | 26% | |
101 | 583 | 393 | 596 | 689 | 781 | 761 | 852 | 679 | |
EPS in Rs | 40.62 | 117.26 | 39.49 | 59.90 | 69.26 | 78.49 | 78.69 | 88.09 | 70.21 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 11% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 7% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 20% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
Reserves | 514 | 1,090 | 1,489 | 2,092 | 2,779 | 3,556 | 4,315 | 5,167 | 5,500 |
349 | 395 | 615 | 1,061 | 1,104 | 1,381 | 1,134 | 1,094 | 873 | |
508 | 814 | 790 | 1,283 | 1,259 | 1,372 | 1,216 | 1,448 | 1,413 | |
Total Liabilities | 1,396 | 2,348 | 2,943 | 4,484 | 5,191 | 6,358 | 6,713 | 7,756 | 7,835 |
286 | 383 | 615 | 902 | 1,032 | 1,345 | 1,485 | 1,438 | 1,371 | |
CWIP | 28 | 17 | 48 | 43 | 28 | 55 | 59 | 72 | 56 |
Investments | 69 | 202 | 229 | 257 | 255 | 364 | 324 | 86 | 343 |
1,013 | 1,746 | 2,051 | 3,281 | 3,875 | 4,593 | 4,846 | 6,160 | 6,064 | |
Total Assets | 1,396 | 2,348 | 2,943 | 4,484 | 5,191 | 6,358 | 6,713 | 7,756 | 7,835 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
377 | -4 | 652 | 831 | 420 | 561 | 764 | ||
123 | -632 | -906 | -319 | -925 | -237 | -646 | ||
-18 | 126 | 273 | -45 | 159 | -381 | -126 | ||
Net Cash Flow | 482 | -510 | 19 | 467 | -346 | -57 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 62 | 77 | 64 | 49 | 45 | 33 | 84 |
Inventory Days | 40 | 113 | 63 | |||||
Days Payable | 83 | 132 | 54 | |||||
Cash Conversion Cycle | 6 | 62 | 59 | 74 | 49 | 45 | 33 | 84 |
Working Capital Days | 17 | 27 | 67 | 62 | 67 | 83 | 99 | 117 |
ROCE % | 41% | 28% | 35% | 32% | 27% | 22% | 21% |
Documents
Announcements
- Closure of Trading Window 17h
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Intimation Of Issuance Of Completion Certificate.
19 Mar - Of issuance of Completion Certificate for "Construction of Four Lane Elevated Road as part of under construction J P Ganga Path (Digha to Deedarganj) from …
- Intimation Of Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015. 11 Mar
- Filing Of Report Under Regulation 29(2) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011, As Amended For Sale Of Equity Shares Of G R Infraprojects Limited For Achieving Minimum Public Shareholding. 11 Mar
- Proposed Sale Of Certain Equity Shares By Some Members Of The Promoter Group Of The Company In The Open Market For Achieving Minimum Public Shareholding. 5 Mar
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
Leading Construction company
The company has designed and constructed over 100 road projects across 16 states in India. [1]
Its principal business of civil construction which accounts for ~90% of revenues includes EPC, BOT, and HAM projects in the road sector and EPC projects in railway, metro, airport runways and Optical Fibre Cable (OFC) projects. Apart from road construction, Co. has also ventured into the Power Transmission business as a part of its diversification strategy. [2]
GRIL has a portfolio of 10 operational assets, including one NHAI annuity project, one state HAM project, and the balance eight NHAI HAM projects.[3]