शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
Companies›Services›Services›Transport Infrastructure
NSE:GAYAHWS

GAYATRI HIGHWAYS LIMITED

Services › Transport Infrastructure
₹1.86
at close · 6 Nov 2026
▼ 0.02 (-1.06%)

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Board meeting postponed to approve September 2026 quarter results · Results
  2. Gayatri Highways buys out two road subsidiaries and raises associate stake · Strategic Transactions
  3. CEO K.G. Naidu resigns for personal reasons effective October 28, 2026 · Management Changes
All filings ↓
Ask Nexa about GAYATRI HIGHWAYS LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates toll road infrastructure through a group of project-specific subsidiaries, joint ventures and associates, classified in the road assets / toll-annuity segment. The main disclosed asset is a BOT toll road on the Hyderabad-Karimnagar-Ramagundam SH-1 in Andhra Pradesh, held through associate HKR Roadways Limited, in which the company is acquiring an additional 23% equity stake (10,67,729 shares of Rs 10 face value) from Kotak Special Situations Fund, with completion extended to 30 September 2026. Other road project vehicles named in the filings are subsidiaries Gayatri Jhansi Roadways Limited and Gayatri Lalitpur Roadways Limited, joint-venture entities Cyberabad Expressways Limited and Hyderabad Expressways Limited, and former subsidiary Indore Dewas Tollways Limited, which has been admitted into liquidation under the IBC. FY26 revenue is reported at Rs 14.5515 crore on total assets of Rs 990.4368 crore, with standalone FY26 total income of Rs 5,205.83 lakhs as per the audited results. The cost shape is dominated by other operating expenses at 109.7% of revenue, with no material input, employee cost at 0.8% and depreciation at 0.3%.

Operating scale
HKR Roadways project
BOT toll road on Hyderabad-Karimnagar-Ramagundam SH-1, Andhra Pradesh
HKR Roadways FY25 revenue
Rs 26,402.61 lakhsFY25
HKR Roadways FY23 revenue
Rs 22,539.75 lakhsFY23
Stake acquisition in HKR Roadways
23% equity (10,67,729 shares of Rs 10 face value)
Total assets
Rs 990.4368 croreFY26
Subsidiary loan limits approved (Jhansi + Lalitpur)
Rs 50 crore + Rs 50 croreFY26
Who pays it
Motorists and commercial traffic using the toll road projects
Biggest cost
Other operating expenses at 109.7% of revenue, mainly road operating and maintenance costs
Kind of business
Asset-heavy toll road operator with multiple project SPVs, stressed debt and a negative standalone net worth of around Rs 21,965 lakhs
Where it sits
Small Indian toll-road operator with assets concentrated in Andhra Pradesh / Telangana, plus other JV and subsidiary road assets
Market Cap
₹45 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
-29.1%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
n/m·
ROCE · capital employed below zero
ROE n/m · margin -10.4%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹386 Cr
Revenue FY21→FY26
0.2×▼
Margin +416.0 pts
₹81 Cr → ₹15 Cr
Cash conversion
3.34×▲
Operating cash ÷ profit · 5 yrs
₹1,351 Cr on ₹405 Cr
Moves on a normal day
2.38%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 14 Transport Infrastructure peersBar = share of peers beaten · tick = industry median · latest reported figures
EBITDA margin#11/15
Profit growth#10/13

Scorecard

Measured from the filed financials, judged against its Transport Infrastructure peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹405 Cr of profit and ₹1,351 Cr of operating cash — 3.34×
Profit is converting into cash
Concerns
Revenue shrinking over 5 years (−29% a year)
Negative net worth — liabilities exceed assets by ₹627 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity
Customers are taking longer to pay — 1 → 180 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

GAYAHWS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from GAYATRI HIGHWAYS LIMITED's filed financials and exchange disclosures

What does GAYATRI HIGHWAYS LIMITED do?

GAYATRI HIGHWAYS LIMITED is a Transport Infrastructure company listed on NSE and BSE, trading under the symbol GAYAHWS.

Is GAYATRI HIGHWAYS LIMITED profitable?

No. Over the trailing twelve months GAYATRI HIGHWAYS LIMITED reported a net loss of ₹1.94 Cr on revenue of ₹22 Cr.

Does GAYATRI HIGHWAYS LIMITED pay a dividend?

Not in the latest reported year — GAYATRI HIGHWAYS LIMITED's dividend payout for FY26 was nil.

Is GAYATRI HIGHWAYS LIMITED debt-free?

No. It reported borrowings of ₹404 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹386 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹627 Cr, so a debt-to-equity ratio is not meaningful.

How much does the GAYATRI HIGHWAYS LIMITED share price move in a day?

On a typical session GAYATRI HIGHWAYS LIMITED moves 2.38% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are GAYATRI HIGHWAYS LIMITED's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track GAYATRI HIGHWAYS LIMITED's announcements?

Every NSE and BSE filing by GAYATRI HIGHWAYS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.