G R Infraprojects Ltd
G R Infraprojects Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #38 of 58 in Construction
See the sector's top 10 — free with your mobile number.
The short version
For FY 2026, G R Infraprojects targets a revenue growth of 5% to 10%, with expectations of stronger execution in the second half after project delays. Revenue growth guidance for FY26 is around 5-10%, with stronger growth of 10-15% expected in FY27.
From G R Infraprojects Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- For FY 2026, G R Infraprojects targets a revenue growth of 5% to 10%, with expectations of stronger execution in the second half after project delays.
- FY 2027 growth is forecasted at around 10%, with more stable order inflows and project commencements.
- Revenue from the transmission sector is expected at INR 2,000 to 3,000 crores annually going forward.
- The company aims to secure INR 20,000 to 25,000 crores of new orders in the current year, mostly from highways and transmission.
- For FY 2028, double-digit growth is anticipated, potentially exceeding 25%, contingent on order inflows and project starts.
2 more points from G R Infraprojects Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what G R Infraprojects Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Tower manufacturing: Currently done in-house, with some procurement from outside due to high demand; no plans for conductor manufacturing as of now.
- Maintenance Capex: Expected to be moderate, around INR100 crores for the entire year; some major maintenance projects may come in H2 or early next year.
- Equity infusion: Total equity infusion required over next three years is INR3,200 crores (~INR1,000 crores per year); INR275 crores already infused, with an additional INR1,100 crores pending.
- Manufacturing opportunity: Open to considering backward integration through manufacturing in power transmission (towers or conductors) if opportunities arise to support growth.
2 more points from G R Infraprojects Ltd's call on capex
Create a free account to keep reading this call
Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what G R Infraprojects Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Total order book: Approximately INR 6,000 crores for EPC projects.
- Transmission segment order book: About INR 2,700 - 2,800 crores EPC value pending.
- Material procurement in transmission: INR 1,300 crores (procured at SPV level, not recognized as revenue).
- Total pending orders in transmission (including material): Roughly INR 4,000 crores (EPC + material).
- Equity invested so far in transmission projects: INR 275 crores.
- Pending equity infusion in transmission: Around INR 1,084 crores to INR 2,000 crores (varying figures discussed).
- Overall targeted order inflow for current fiscal year: INR 20,000 to 25,000 crores.
2 more points from G R Infraprojects Ltd's call on order book
Create a free account to keep reading this call
G R Infraprojects Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.5K Cr, net profit ₹210 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What G R Infraprojects Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
Others in Construction this season
- Suntech Infra Solutions Ltd (Q2 FY26)
The Half-Year Profit & Loss Statement on Page 37 shows revenue figures (₹ in millions): . Key investor presentation takeaways from Suntech Infra Solutions Ltd's
- K2 Infragen Ltd (Q2 FY26)
For H1-FY26 (half year ending September 2025), Revenue from Operations was INR 909 million, up 76.5% YoY from INR 515 million in H1-FY25. Key investor presentat
- Konstelec Engg. (Q2 FY26)
650 Crores (Page 9). Key investor presentation takeaways from Konstelec Engineers's Q2 FY26 investor presentation — and how it ranks against sector peers.
- MBL Infrastructure Ltd (Q2 FY26)
Revenue (Income) for HY25 (half year 2025) standalone: ₹119.37 Cr; FY24: ₹184.15 Cr. Key investor presentation takeaways from MBL Infrastructure Ltd's Q2 FY26 i
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
G R Infraprojects Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were G R Infraprojects Ltd Q2 FY26 results?
For FY 2026, G R Infraprojects targets a revenue growth of 5% to 10%, with expectations of stronger execution in the second half after project delays. Revenue growth guidance for FY26 is around 5-10%, with stronger growth of 10-15% expected in FY27.
What is G R Infraprojects Ltd share price analysis?
G R Infraprojects Ltd currently shows a neutral. The stock trades at a P/E of 10.6 with a market cap of ₹8,684 Cr. Investors should review the full earnings analysis for detailed insights.
Is G R Infraprojects Ltd planning capital expenditure?
Tower manufacturing: Currently done in-house, with some procurement from outside due to high demand; no plans for conductor manufacturing as of now.
Keep G R Infraprojects Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.