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 ₹ 15,479 Cr.
- Current Price ₹ 1,600
- High / Low ₹ 1,860 / 1,025
- Stock P/E 16.8
- Book Value ₹ 821
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 15.6 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.2% over past five years.
* 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
Part of BSE 250 SmallCap Index Nifty Total Market Nifty MidSmallcap 400 Nifty Smallcap 250 BSE 500
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
916 | 1,047 | 2,020 | 3,189 | 3,141 | 5,283 | 6,373 | 7,844 | 8,458 | 9,482 | 8,980 | 8,044 | |
769 | 870 | 1,708 | 2,576 | 2,534 | 3,999 | 4,786 | 5,991 | 6,723 | 6,928 | 6,858 | 6,275 | |
Operating Profit | 147 | 177 | 311 | 613 | 607 | 1,284 | 1,587 | 1,853 | 1,735 | 2,554 | 2,122 | 1,769 |
OPM % | 16% | 17% | 15% | 19% | 19% | 24% | 25% | 24% | 21% | 27% | 24% | 22% |
4 | 8 | 9 | 159 | 43 | 43 | 51 | 67 | 65 | 87 | 415 | 470 | |
Interest | 62 | 88 | 105 | 126 | 66 | 170 | 295 | 362 | 420 | 443 | 565 | 498 |
Depreciation | 35 | 44 | 50 | 69 | 83 | 149 | 189 | 227 | 282 | 246 | 244 | 249 |
Profit before tax | 55 | 52 | 165 | 577 | 501 | 1,008 | 1,154 | 1,331 | 1,099 | 1,952 | 1,729 | 1,492 |
Tax % | 36% | 40% | 38% | -2% | 19% | 29% | 31% | 28% | 24% | 26% | 23% | |
35 | 31 | 102 | 588 | 406 | 717 | 801 | 955 | 832 | 1,454 | 1,323 | 1,146 | |
EPS in Rs | 13.94 | 12.16 | 40.76 | 118.22 | 40.82 | 72.06 | 80.53 | 96.01 | 86.04 | 150.42 | 136.90 | 118.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 26% |
5 Years: | 11% |
3 Years: | 5% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | 41% |
5 Years: | 9% |
3 Years: | 4% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -7% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 22% |
3 Years: | 20% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25 | 25 | 25 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
Reserves | 381 | 410 | 513 | 1,083 | 1,494 | 2,181 | 2,979 | 3,932 | 4,763 | 6,217 | 7,543 | 7,896 |
682 | 920 | 979 | 531 | 847 | 2,141 | 3,210 | 4,525 | 5,282 | 5,697 | 3,817 | 4,314 | |
228 | 301 | 561 | 855 | 723 | 1,458 | 1,546 | 1,586 | 1,567 | 1,795 | 1,524 | 1,295 | |
Total Liabilities | 1,316 | 1,656 | 2,077 | 2,517 | 3,112 | 5,829 | 7,783 | 10,091 | 11,660 | 13,757 | 12,932 | 13,554 |
235 | 547 | 698 | 384 | 615 | 930 | 1,029 | 1,345 | 1,485 | 1,439 | 1,309 | 1,209 | |
CWIP | 148 | 73 | 28 | 17 | 48 | 43 | 28 | 55 | 59 | 72 | 74 | 95 |
Investments | 10 | 41 | 55 | 151 | 79 | 10 | 2 | 103 | 3 | 56 | 2,121 | 2,239 |
922 | 996 | 1,297 | 1,966 | 2,370 | 4,846 | 6,725 | 8,588 | 10,113 | 12,190 | 9,427 | 10,011 | |
Total Assets | 1,316 | 1,656 | 2,077 | 2,517 | 3,112 | 5,829 | 7,783 | 10,091 | 11,660 | 13,757 | 12,932 | 13,554 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
680 | -371 | -244 | -267 | -457 | 166 | -363 | -1,592 | ||||
353 | -340 | -784 | -144 | -735 | -257 | -9 | 795 | ||||
-585 | 246 | 1,004 | 884 | 972 | 311 | -20 | 1,120 | ||||
Net Cash Flow | 448 | -465 | -24 | 473 | -220 | 220 | -393 | 323 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 67 | 52 | 64 | 39 | 38 | 17 | 23 | 24 | 17 | 13 |
Inventory Days | 93 | 105 | 40 | ||||||||
Days Payable | 34 | 73 | 89 | ||||||||
Cash Conversion Cycle | 127 | 98 | 3 | 64 | 39 | 38 | 17 | 23 | 24 | 17 | 13 |
Working Capital Days | 95 | 25 | 17 | 27 | 112 | 102 | 73 | 90 | 118 | 135 | 147 |
ROCE % | 11% | 19% | 44% | 28% | 35% | 27% | 23% | 16% | 22% | 17% |
Documents
Announcements
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G R Infraprojects Limited Has Emerged As L-1 Bidder.
21h - G R Infraprojects is L-1 bidder for BSNL project.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of Q2 FY2025 Earnings Conference Call available.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Submission of Finanancial Results for the quarter ended 30th September 2024.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investor Presentation on the financial results for the quarter and half year ended 30th September 2024.
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General Update
2d - G R Infraprojects acquires Bijapur REZ Transmission Limited.
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022Transcript 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]