G R Infraprojects Limited has informed the Exchange about Transcript
GRINFRA · price
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G R Infraprojects reported Q4 FY26 standalone revenue of INR 2,521 crores, up 27% YoY, with EBITDA margin at ~11% vs 15.5% in Q4 FY25 due to higher construction costs and absence of one-time claims income. Full year FY26 standalone revenue was INR 7,620 crores (17% growth). The company secured new orders of INR 10,700 crores in FY26, with current order book at INR 26,470 crores. Management guided for FY27 revenue growth of 15-20% and targets new order wins of INR 20,000-22,000 crores across roads (INR 12,000-14,000 crores), power transmission (INR 5,000 crores), tunnels (INR 2,000-3,000 crores), and oil & gas (INR 2,000-3,000 crores). Debt was reduced by INR 262 crores with debt-to-equity at 0.03x standalone. Key risks flagged include geopolitical pressures on commodity prices and land acquisition challenges affecting execution speed.
Strong order book visibility and multi-year growth targets are positive, but margin pressure from geopolitical uncertainties and intense competition may limit near-term profitability improvement. Execution challenges from land acquisition issues could impact revenue recognition.