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GMR Power & Urban Infra Ltd

Q3 FY26

GMR Power & Urban Infra Q3 FY26 investor presentation: Revenue & Margins

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹101

Market cap₹7.9K Cr

Updated16 Oct 2026

Read5 min read

Based on GMR Power & Urban Infra Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Q3FY26 consolidated total income (revenue) increased 14% YoY to INR 20.0 billion (Page 10). - Smart meter revenue notably rose from INR 1.7 billion in Q3FY25 to INR 4.3 billion in Q3FY26 (Page 10). - Energy Business total income decreased 5% YoY to INR 4.6 billion; PLF at 84% vs. Q3FY26 EBITDA: INR 5.0bn, up 1% YoY; EBITDA margin at 25% (page 10) - Q3FY26 PAT: Loss of INR 1.6bn vs loss of INR 0.9bn in Q3FY25 (page 10) - Adjusted PAT (excl.

From GMR Power & Urban Infra Ltd's Q3 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Q3FY26 consolidated total income (revenue) increased 14% YoY to INR 20.0 billion (Page 10).
Smart meter revenue notably rose from INR 1.7 billion in Q3FY25 to INR 4.3 billion in Q3FY26 (Page 10).
Energy Business total income decreased 5% YoY to INR 4.6 billion; PLF at 84% vs. 86% in Q3FY25 (Page 17).
Energy Business EBITDA margin improved to 28%, PAT rose to INR 1.8 billion including exceptional gain (Page 17).
Highway Assets total income declined from 621 mn to 459 mn; average daily traffic decreased from 50.3k to 42.6k (Page 20).

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Profitability & Margins

Q3FY26 EBITDA: INR 5.0bn, up 1% YoY; EBITDA margin at 25% (page 10)
Q3FY26 PAT: Loss of INR 1.6bn vs loss of INR 0.9bn in Q3FY25 (page 10)
Adjusted PAT (excl. exceptional items & non-cash finance costs): Loss of INR 141mn in Q3FY26 vs loss of INR 585mn in Q3FY25 (page 10)
Total Income: Increased 14% YoY to INR 20.0bn in Q3FY26, driven mainly by Smart Meter revenue growth (page 10)

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Capital Expenditure Plans

Energy Sector:
Under-development thermal power plant capacity: 350 MW (Page 5)
Under-development hydro power plants: 1,425 MW (Page 5)
Renewable Energy:
Solar power plants operational capacity: 31 MW (Page 5)
25 MW solar unit installed in Gujarat (Page 29)
642 KWp and 70 KWp rooftop solar at Kamalanga and Warora respectively (Page 29)
Smart Metering:
Implementation focus and participation in upcoming smart metering opportunities (Page 26)
EPC:
Ongoing work on Dedicated Freight Corridor (Eastern Corridor) contracts 201 and 202 covering ~417 km (Page 22)
Project completed and handed over to DFCCIL (Page 22)

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Fundraising & Capital Structure

Equity Fundraising:
On 17 Dec’25, GPUIL Board approved issuance of equity shares and convertible warrants worth ~INR 12bn on a preferential basis.
Shareholders approved on 16 Jan’26; in-principle approval obtained from stock exchanges.
~66.18 million equity shares issued at Rs.120.88/share (~INR 8bn received).
~33.09 million warrants issued, convertible within 18 months, partial payment received (~INR 1bn).
Total shares increased from ~715 million to ~781 million, potentially ~814 million post-warrant conversion.
Debt and Borrowings:
GKEL secured INR 27bn senior loan facility, used to repay existing lenders.
Refinancing reduced borrowing cost from ~12.15% to 9.50%, possibly further to 9.25%.

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Order Book & Pipeline

The investor presentation provides limited direct details on order books or order inflows but mentions strategic intentions related to order book growth, specifically: - Under "Clearly Defined Strategies" (Page 26), there is a focus to "Explore growing the order book" specifically for the Highways and EPC segments. - Participation in Railway EPC/PPP opportunities is targeted as part of this strategy.

- No explicit quantitative figures regarding current order book size, order inflow, or pending orders are provided in the presentation. - Emphasis is on operational efficiencies, monetization, and targeting specific sectors like electronics, automobile, logistics, and engineering for the Krishnagiri SIR project, implying business development rather than reporting current orders. In summary, the presentation discusses strategic intents to expand orders but does not disclose the current order book or inflow values.

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GMR Power & Urban Infra Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024Q3 FY25

Mar 2025Q4 FY25

Jun 2025Q1 FY26

Sep 2025Q2 FY26

Dec 2025Q3 FY26

Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.0K Cr, net loss ₹114 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What GMR Urban's management said in earlier quarters

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Frequently Asked Questions

What were GMR Power & Urban Infra Ltd Q3 FY26 results?

Q3FY26 consolidated total income (revenue) increased 14% YoY to INR 20.0 billion (Page 10). - Smart meter revenue notably rose from INR 1.7 billion in Q3FY25 to INR 4.3 billion in Q3FY26 (Page 10). - Energy Business total income decreased 5% YoY to INR 4.6 billion; PLF at 84% vs. Q3FY26 EBITDA: INR 5.0bn, up 1% YoY; EBITDA margin at 25% (page 10) - Q3FY26 PAT: Loss of INR 1.6bn vs loss of INR 0.9bn in Q3FY25 (page 10) - Adjusted PAT (excl.

What is GMR Power & Urban Infra Ltd share price analysis?

GMR Power & Urban Infra Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹7,908 Cr. Investors should review the full earnings analysis for detailed insights.

Is GMR Power & Urban Infra Ltd planning capital expenditure?

Energy Sector: - Under-development thermal power plant capacity: 350 MW (Page 5) - Under-development hydro power plants: 1,425 MW (Page 5) - Renewable Energy: - Solar power plants operational ca

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.