Companies›Services›Services›Transport Infrastructure
NSE:GPPL

GUJARAT PIPAVAV PORT LTD

Services › Transport Infrastructure·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹160.20
at close · 28 Oct 2026
▲ 0.05 (+0.03%)

Latest filings

Next results: Wed, 4 Nov · Financial Results
  1. Board meeting on 4 Nov to consider Q2 results and interim dividend · Board & Shareholder Meetings
  2. Q2 FY27 cargo volumes: Containers up 17%, Dry Bulk and Liquid decline · Business Updates
  3. Trading window closed from October 1 to November 6 for Q2 results · Compliance
All filings ↓
Ask Nexa about GUJARAT PIPAVAV PORT LTD

Snapshot

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

AI · written from filings

Operates a port at Pipavav in Gujarat handling four cargo streams: containers, roll-on/roll-off (RoRo) vehicles, dry bulk, and liquid cargo. In FY26, container throughput was 668,000 TEUs, RoRo units reached 229,000, dry bulk totalled 2.90 million MT, and liquid cargo was 1.59 million MT. Q1 FY27 saw RoRo jump 55% year-on-year to 65,000 units and containers edge up 2.4% to 168,000 TEUs, while liquid cargo fell 46% to 0.22 million MT. Revenue from operations grew 17.5% to ₹1,158.378 crore in FY26, with net profit of ₹515.165 crore and an FY26 EBITDA margin of 69.1453%. The cost structure is dominated by other operating expenses (31% of revenue) and depreciation (10.9%), with no material inputs — characteristic of a port that sells throughput capacity rather than buying commodities. The facility is operated under a concession agreement with Gujarat Maritime Board, and the promoter is APM Terminals Mauritius Limited, part of the Maersk group.

Operating scale
Container throughput (FY26)
668,000 TEUsFY26
RoRo units (FY26)
229,000 unitsFY26
Dry bulk (FY26)
2.90 million MTFY26
Liquid cargo (FY26)
1.59 million MTFY26
Container trains handled (FY26)
1,747 trainsFY26
Q1 FY27 RoRo units
65,000 units (up 55% YoY)Q1 FY27
Who pays it
Shipping lines, vehicle exporters, importers of dry bulk commodities (e.g., fertilisers), and liquid cargo customers including oil and chemical companies.
Biggest cost
Other operating expenses (repairs, power, contracted services) at 31% of revenue and depreciation at 10.9%; no raw material costs.
Kind of business
Asset-heavy port infrastructure operating under a long-term concession, with revenue tied to cargo throughput volumes.
Where it sits
Single-port operator at Pipavav on Gujarat's Saurashtra coast; promoter is APM Terminals Mauritius Limited (Maersk group), operating under a concession agreement with Gujarat Maritime Board.
Market Cap
₹7,745 Cr
P / E (TTM)
13.9×
EV / EBITDA
9.0×
Div Yield
5.99%
Growth
9.6%▲
Revenue 5y CAGR
PAT +18.3% · EBITDA +11.6%
Quality
18.7%▲
ROCE (5y median)
ROE 14.8% (5y median) · margin 69.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹9.31 Cr
Revenue FY21→FY26
1.6×▲
Margin +14.2 pts
₹733 Cr → ₹1,158 Cr
Cash conversion
1.23×▲
Operating cash ÷ profit · 5 yrs
₹2,172 Cr on ₹1,765 Cr
Moves on a normal day
1.11%·
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
P/E (TTM)#4/10
P/B#9/11
ROCE#1/14
ROE#1/11
Debt / Equity#1/11
EBITDA margin#4/15
Revenue growth#1/12
Profit growth#5/13

Scorecard

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

Strengths
Profit compounding 18% a year over 5 years
Returns on capital 18.7% (5-year median)
#1 of 14 in Transport Infrastructure on the latest reported figures · up from 13.6% in FY21
No borrowings on the balance sheet
lower than 80% of its 11 Transport Infrastructure peers
Over 5 years it reported ₹1,765 Cr of profit and ₹2,172 Cr of operating cash — 1.23×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 90% of profit as dividend
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

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

GPPL · 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 GUJARAT PIPAVAV PORT LTD's filed financials and exchange disclosures

What does GUJARAT PIPAVAV PORT LTD do?

GUJARAT PIPAVAV PORT LTD is a Transport Infrastructure company listed on NSE and BSE, trading under the symbol GPPL.

Is GUJARAT PIPAVAV PORT LTD profitable?

Yes. Over the trailing twelve months GUJARAT PIPAVAV PORT LTD reported a net profit of ₹559 Cr on revenue of ₹1,241 Cr.

Does GUJARAT PIPAVAV PORT LTD pay a dividend?

Yes. The dividend yield is 5.99% at the current price. It paid out 90% of its profit as dividend in FY26.

Is GUJARAT PIPAVAV PORT LTD debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹9.31 Cr of cash.

Is GUJARAT PIPAVAV PORT LTD expensive compared with its peers?

On trailing P/E, GUJARAT PIPAVAV PORT LTD ranks 4 of 10 in Transport Infrastructure — cheaper than 67% of them, against an industry median of 15.8×. This is a position, not a valuation judgement.

How much does the GUJARAT PIPAVAV PORT LTD share price move in a day?

On a typical session GUJARAT PIPAVAV PORT LTD moves 1.11% — 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 GUJARAT PIPAVAV PORT LTD's next results?

Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track GUJARAT PIPAVAV PORT LTD's announcements?

Every NSE and BSE filing by GUJARAT PIPAVAV PORT LTD 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.