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Companies›Industrials›Construction›Construction

GHV INFRA PROJECTS LIMITED

Construction › Construction
₹252.00
at close · 8 Oct 2026
▲ 7.00 (+2.86%)
ThemesSolar Energy· growing

Latest filings

  1. Routine compliance certificate for September 2026 quarter · Compliance
  2. Shareholder reclassified from promoter to public category · Ownership Changes
  3. Date correction in UAE EPC contract intimation · Business Updates
All filings ↓
Ask Nexa about GHV INFRA PROJECTS LIMITED

Snapshot

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

AI · written from filings

Executes civil construction and EPC contracts in India and abroad across railway infrastructure, expressways, and industrial plants. Recent domestic wins include a Rs. 1,250 crore expressway EPC in Maharashtra, Rs. 213 crore of railway works in West Bengal (coaching complex, freight maintenance, loco shed), and two carshed expansion orders for related party GHV (India) worth about Rs. 105 crore (Kalwa) and Rs. 111 crore (Sanpada), both 24-month contracts. International pipeline includes a Letter of Intent for a greenfield tyre plant in Cameroon (7.6 million tyres per annum capacity, 36-month execution, Euro 630 million) and an EPC contract for a renewable natural gas and fertilizer plant in Ohio worth about Rs. 840 crore over 24 months. A new wholly-owned subsidiary (GHV Infra Inc., Ohio) and a joint venture (GHV Infra Projects-RKS-TCIPL) support overseas expansion. Standalone revenue jumped to Rs. 60,553 lakhs in FY26 from Rs. 18,488 lakhs the prior year. The cost structure is dominated by other operating expenses (54.3% of revenue) and materials (26.5%).

Operating scale
Cameroon tyre plant LOI
Euro 630 million (~Rs. 7,000 crore); 7.6 million tyres/year; 36 monthsFY26
Maharashtra expressway EPC
Rs. 1,250 croreFY26
Ohio RNG and fertilizer EPC (Ductor Americas)
USD 90.25 million (~Rs. 840 crore); 24 monthsFY26
West Bengal railway works
Rs. 213 crore (incl. GST); 14 monthsFY26
Related-party carshed orders from GHV (India)
Rs. 105 crore (Kalwa) + Rs. 111 crore (Sanpada); 24 months eachFY26
Standalone revenue FY26
Rs. 60,553 lakhs (up 227% from Rs. 18,488 lakhs in FY25)FY26
Who pays it
Indian railway bodies, road/highway concessionaires, related-party GHV (India) Private Limited, and overseas clients including Cameroon Tyres Factory Project SA and Ductor Americas Inc.
Biggest cost
Other operating expenses at 54.3% of revenue, followed by materials at 26.5%.
Kind of business
Civil construction and EPC contractor scaling rapidly from domestic railway/road work into overseas industrial EPC.
Where it sits
Small-cap, BSE-listed civil construction and EPC company with consolidated FY26 revenue of Rs. 615.47 crore and a newly opened US subsidiary.
Market Cap
₹1,766 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
32.3%▲
ROCE (FY26)
ROE 37.3% · margin 16.1%
Leverage
1.46·
Debt / Equity · moderate
Net debt ₹183 Cr
Moves on a normal day
1.67%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#88/101
P/B#85/85
ROCE#18/107
ROE#4/87
Debt / Equity#81/87
EBITDA margin#22/88

Scorecard

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

Strengths
Returns on capital 32.3%
#18 of 107 in Civil Construction on the latest reported figures
Concerns
Carries more debt than its peers — 1.46× equity
higher than 93% of its 87 Civil Construction peers

Charts

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

Price

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▲ 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?

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Financials

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

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GHV INFRA PROJECTS LIMITED's filed financials and exchange disclosures

What does GHV INFRA PROJECTS LIMITED do?

GHV INFRA PROJECTS LIMITED is a Construction company listed on BSE.

Does GHV INFRA PROJECTS LIMITED pay a dividend?

Not in the latest reported year — GHV INFRA PROJECTS LIMITED's dividend payout for FY26 was nil.

Is GHV INFRA PROJECTS LIMITED debt-free?

No. It reported borrowings of ₹192 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹183 Cr after cash. Debt stands at 1.46× equity. That is higher than 93% of its 87 Civil Construction peers.

How much does the GHV INFRA PROJECTS LIMITED share price move in a day?

On a typical session GHV INFRA PROJECTS LIMITED moves 1.67% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GHV INFRA PROJECTS LIMITED's announcements?

Every NSE and BSE filing by GHV INFRA PROJECTS 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.