G R Infraprojects Ltd
G R Infraprojects Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
For Q4 fiscal 2026, revenue is expected around INR3,000 crores, marking over 20% YoY growth mainly due to ramp-up in oil and gas sector. FY '27 revenue growth targeted at 10-15% driven by diversified sectors including oil & gas, highway, power transmission, and hydro tunnelling.
From G R Infraprojects Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- For Q4 fiscal 2026, revenue is expected around INR3,000 crores, marking over 20% YoY growth mainly due to ramp-up in oil and gas sector.
- FY 2027 revenue growth is targeted at 10-15%, supported by diversification and execution momentum.
- Oil and gas sector revenue is expected to exceed INR1,000 crores in FY 2027, up from around INR500 crore in Q4 FY 2026.
- Order inflow target for FY 2027 is over INR20,000 crores, including INR4,000-5,000 crores from oil and gas, INR10,000-15,000 crores from highway projects, and about INR3,000 crores from power transmission and other sectors.
2 more points management made on revenue & sales performance
Profitability & Margins
See what G R Infraprojects Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- No immediate capex planned for new machinery in oil & gas sector; currently leasing equipment until order visibility improves (Page 15).
- Total capex for FY '26 is about INR98 crores; estimated capex for FY '27 ranges between INR100 crores to INR125 crores (Page 11).
- Equity investment of INR967 crores needed in T&D over next 2 years, with INR10-15 crores in FY '26 and about 40% (around INR400 crores) in FY '27, remaining 60% in FY '28 (Page 15).
2 more points management made on capital expenditure plans
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
- Current order backlog as of December (excluding oil and gas): approx. INR20,000 crores (includes INR400-500 crores of additional oil and gas orders)
- Total order inflow expected for FY '27: over INR20,000 crores, including
- INR10,000 to INR15,000 crores from highway sector
- INR4,000 to INR5,000 crores from oil and gas
- INR3,000 crores from power transmission, hydro tunneling, metro projects, and others
- Oil and gas current order book: close to INR2,000 crores, targeting INR4,000-5,000 crores in FY '27
- Order inflow target for FY '26: around INR10,000 crores (with some delays due to modified contracts and environment)
2 more points management made on order book & pipeline
G R Infraprojects Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.5K Cr, net profit ₹210 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What G R Infraprojects Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q2 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 →
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Frequently Asked Questions
What were G R Infraprojects Ltd Q3 FY26 results?
For Q4 fiscal 2026, revenue is expected around INR3,000 crores, marking over 20% YoY growth mainly due to ramp-up in oil and gas sector. FY '27 revenue growth targeted at 10-15% driven by diversified sectors including oil & gas, highway, power transmission, and hydro tunnelling.
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?
No immediate capex planned for new machinery in oil & gas sector; currently leasing equipment until order visibility improves (Page 15).
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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.