GPT Infraprojects Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,428 Cr
- P/E
- 14.50
- ROE
- 17.32%
- PEG
- 0.31
- Price to sales
- 1.12
- Debt to equity
- 0.49
- 52W high / low
- ₹136 / ₹96.8
- Sales growth (5Y)
- 16.19%
- EBITDA margin
- 14.44%
- Net profit margin
- 7.51%
- Promoter holding
- 69.37%
- Sales (last year)
- ₹1,279 Cr
GPT Infraprojects Ltd (GPT) is a construction company engaged in executing civil and infrastructure projects. It also manufactures concrete sleepers for railways. [1]
Guidance scorecard · Q1 FY27 call
What GPT Infraprojects Ltd's management guided
and where it ranks in Construction
RevenueQ1 FY27 call
20–40%- GPT Infraprojects anticipates approximately 30% revenue growth for FY27.
- Q1 FY27 revenues were stable but subdued due to transient disruptions like West Bengal elections.
- The company expects stronger growth from Q2 onwards, with projected revenues of around INR1,400 crores in the next 9 months.
- Existing order book stands healthy at INR4,300 crores, driving execution momentum.
- New order inflows for FY27 are targeted at around INR3,000 crores, with strong bidding pipeline and expected orders from South Africa and Indian markets, including West Bengal.
- Large EPC contracts worth INR1,500-2,000 crores are expected with execution timelines of 3-4 years.
2 more points from GPT Infraprojects Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what GPT Infraprojects Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
- GPT Infraprojects is expanding into the power EPC segment, targeting INR150-200 crores annual revenue in the next couple of years, indicating strategic investment in diversification.
- They're aiming for large EPC railway contracts (INR1,500-2,000 crores each) with execution timelines of 3-4 years, reflecting capital-intensive project development.
- Post Alcon acquisition, integration into signalling (electronic interlocking technology) targets a USD1.5 billion market, focusing on Indian Railways’ INR1 trillion planned outlay over 6 years, suggesting significant ongoing/future capital commitment.
- Continued focus on expanding international operations, including Africa (South Africa, Namibia, Ghana), indicates allocated capital for overseas growth.
FundraisingQ1 FY27 call
None plannedSee what GPT Infraprojects Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Flat- The order book stands at approximately INR4,300 crores as of Q1 FY27.
- There was a marginal decline from INR4,480 crores previously, despite execution during the quarter.
- Fresh order inflows for Q1 were muted at around INR130 crores.
- Full-year order inflow guidance is set at INR3,000 crores with stronger ordering activity expected from Q2 onwards.
- Ordering activity remains strong, though orders are added to the book only after L1 status is declared.
- The order book includes large EPC contracts, including potential INR1,000 crores+ contracts, with execution timelines of 3 to 4 years.
2 more points from GPT Infraprojects Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Construction companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹6,531 Cr | 11.7 | |
| 2 | 40%+ | Flat | ₹1,089 Cr | 9.3 | |
| 3 | 40%+ | Flat | ₹898 Cr | 7.6 | |
| 4 | 40%+ | Flat | ₹807 Cr | 14.7 | |
| 5 | 40%+ | Flat | ₹554 Cr | 13.1 | |
| 6 | 40%+ | Flat | ₹516 Cr | 30.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Construction rankingGPT Infraprojects Ltd announcements
All announcements →Financials of GPT Infraprojects Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of GPT Infraprojects Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 268 | 236 | 234 | 254 | 295 | 242 | 288 | 278 | 381 | 313 | 279 | 284 | 415 |
| Expenses + | 244 | 210 | 202 | 224 | 261 | 210 | 257 | 244 | 342 | 276 | 239 | 246 | 355 |
| Operating Profit | 24 | 26 | 31 | 30 | 34 | 32 | 31 | 34 | 39 | 37 | 40 | 38 | 59 |
| OPM % | 9% | 11% | 13% | 12% | 12% | 13% | 11% | 12% | 10% | 12% | 14% | 14% | 14% |
| Other Income + | 2 | 4 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 9 | 3 | 3 | -1 |
| Interest | 10 | 9 | 8 | 8 | 8 | 8 | 7 | 5 | 6 | 6 | 8 | 9 | 10 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 7 | 5 | 6 | 7 |
| Profit before tax | 12 | 17 | 20 | 18 | 24 | 22 | 22 | 27 | 29 | 33 | 29 | 27 | 41 |
| Tax % | 10% | 27% | 29% | 19% | 37% | 25% | 30% | 20% | 22% | 25% | 26% | 24% | 28% |
| Net Profit + | 10 | 12 | 14 | 15 | 15 | 16 | 15 | 21 | 22 | 25 | 21 | 20 | 30 |
| EPS in Rs | 0.89 | 1.14 | 1.16 | 1.28 | 1.39 | 1.44 | 1.40 | 1.70 | 1.92 | 1.86 | 1.73 | 1.59 | 2.52 |
Financials of GPT Infraprojects Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 390 | 503 | 502 | 520 | 578 | 618 | 609 | 675 | 809 | 1,018 | 1,188 | 1,290 |
| Expenses + | 331 | 435 | 436 | 451 | 514 | 539 | 524 | 590 | 722 | 898 | 1,052 | 1,116 |
| Operating Profit | 59 | 68 | 65 | 69 | 63 | 79 | 85 | 84 | 87 | 120 | 136 | 174 |
| OPM % | 15% | 14% | 13% | 13% | 11% | 13% | 14% | 12% | 11% | 12% | 11% | 14% |
| Other Income + | 7 | 10 | 13 | 18 | 17 | 5 | 7 | 7 | 6 | 7 | 5 | 14 |
| Interest | 41 | 39 | 38 | 39 | 42 | 41 | 39 | 39 | 37 | 33 | 26 | 33 |
| Depreciation | 20 | 19 | 17 | 22 | 23 | 24 | 22 | 20 | 19 | 16 | 18 | 26 |
| Profit before tax | 6 | 20 | 24 | 25 | 15 | 19 | 30 | 32 | 37 | 78 | 97 | 130 |
| Tax % | 29% | 36% | 24% | 19% | 15% | 31% | 33% | 29% | 20% | 29% | 24% | 26% |
| Net Profit + | 4 | 13 | 18 | 21 | 13 | 13 | 20 | 23 | 30 | 56 | 74 | 97 |
| EPS in Rs | 0.35 | 1.06 | 1.53 | 1.72 | 1.01 | 1.29 | 1.74 | 2.09 | 2.70 | 4.97 | 6.34 | 7.70 |
| Dividend Payout % | 0% | 23% | 20% | 29% | 49% | 29% | 36% | 36% | 46% | 30% | 47% | 36% |
Financials of GPT Infraprojects Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 15 | 29 | 29 | 29 | 29 | 29 | 58 | 58 | 126 | 126 |
| Reserves | 148 | 152 | 179 | 182 | 184 | 196 | 211 | 227 | 219 | 244 | 397 | 476 |
| Borrowings + | 250 | 237 | 232 | 259 | 257 | 240 | 263 | 262 | 252 | 193 | 129 | 294 |
| Other Liabilities + | 196 | 216 | 214 | 240 | 231 | 264 | 217 | 201 | 252 | 231 | 289 | 468 |
| Total Liabilities | 609 | 620 | 639 | 711 | 701 | 729 | 720 | 719 | 781 | 726 | 941 | 1,365 |
| Fixed Assets + | 121 | 115 | 142 | 151 | 132 | 120 | 108 | 106 | 134 | 135 | 164 | 332 |
| CWIP | 14 | 3 | 3 | 2 | 3 | 1 | 1 | 2 | 7 | 2 | 9 | 3 |
| Investments | 1 | 0 | 29 | 29 | 27 | 26 | 26 | 28 | 25 | 23 | 32 | 39 |
| Other Assets + | 473 | 502 | 465 | 529 | 539 | 581 | 586 | 584 | 615 | 566 | 736 | 992 |
| Total Assets | 609 | 620 | 639 | 711 | 701 | 729 | 720 | 719 | 781 | 726 | 941 | 1,365 |
Financials of GPT Infraprojects Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 40 | 60 | 84 | 46 | 62 | 57 | 22 | 72 | 119 | 113 | 29 | 64 |
| Cash from Investing Activity + | 10 | -10 | -39 | -26 | -8 | -3 | 6 | -14 | -60 | -8 | -74 | -170 |
| Cash from Financing Activity + | -50 | -51 | -44 | -21 | -51 | -57 | -27 | -58 | -56 | -108 | 51 | 98 |
| Net Cash Flow | -0 | -2 | 1 | -0 | 3 | -4 | 1 | 1 | 3 | -2 | 6 | -8 |
| Free Cash Flow | 38 | 50 | 37 | 20 | 50 | 51 | 18 | 59 | 62 | 100 | -31 | 10 |
| CFO/OP | 79% | 100% | 130% | 75% | 115% | 78% | 30% | 94% | 142% | 110% | 43% | 52% |
Financials of GPT Infraprojects Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68 | 60 | 58 | 46 | 37 | 58 | 50 | 32 | 18 | 25 | 29 | 36 |
| Inventory Days | 453 | 462 | 558 | 628 | 348 | 606 | 425 | 559 | 613 | 900 | 893 | 119 |
| Days Payable | 720 | 777 | 983 | 1,036 | 640 | 1,190 | 616 | 601 | 941 | 1,150 | 1,144 | 241 |
| Cash Conversion Cycle | -200 | -254 | -366 | -361 | -255 | -526 | -141 | -10 | -311 | -225 | -222 | -86 |
| Working Capital Days | -20 | -14 | -45 | -26 | -14 | 1 | 44 | 71 | 46 | 55 | 94 | 86 |
| ROCE % | 11% | 14% | 15% | 14% | 12% | 13% | 14% | 14% | 14% | 22% | 22% | 21% |
Guidance history
How GPT Infraprojects Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | — | None planned | Flat |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | None planned | Rising |
| Q2 FY26 call → | 20–40% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
29 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +4.0% | 64% |
| Last 6 months | −0.2% | 53% |
| Last 3 months | −5.3% | 52% |
The price is 43.5% below its all-time high of ₹200.25 (12 Jul 2024). Stocks more than 20% below their peak have their score halved, so 57 became 29.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For GPT Infraprojects Ltd: 0.4 × 64 + 0.4 × 53 + 0.2 × 52 = 57, halved to 29 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What GPT Infraprojects Ltd's management said in earlier quarters
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