G R Infraprojects Limited (NSE:GRINFRA)
India flag India · Delayed Price · Currency is INR
917.20
+25.75 (2.89%)
Jul 10, 2026, 3:29 PM IST

G R Infraprojects Earnings Call Transcripts

Fiscal Year 2026

  • Q4 25/26

    Q4 FY26 revenue grew 27% YoY to INR 2,521 crore, with annual revenue up 17% and a robust order book of INR 26,470 crore. Margins declined due to absence of one-time gains and higher costs, while diversification and disciplined bidding remain strategic priorities.

  • Q3 25/26

    Q3 FY26 revenue grew 36% YoY, driven by Oil & Gas and infrastructure execution, while EBITDA margin declined due to absence of one-time gains. FY26 order inflow guidance was revised to INR 15,000 crore, with FY27 targets above INR 20,000 crore and continued margin focus.

  • Q2 25/26

    Revenue grew 15% year-over-year with a strong order book of INR 21,000 crores and robust debt metrics. FY26 revenue growth is guided at 5–10%, with INR 20,000–25,000 crores targeted in new orders, and margins expected in the 11–13% range.

  • Q1 25/26

    Q1 FY26 saw a slight revenue decline but strong profit growth, with a robust order book and improved margins at the group level. The company targets INR 22,000 crore in new orders for FY26 and expects 10-15% revenue growth, supported by a strong infrastructure pipeline.

Fiscal Year 2025

  • Q4 24/25

    Revenue and profit declined year-over-year due to lower order intake, but margins remained resilient and leverage improved. The order book is robust, with double-digit growth and margin recovery targeted for FY26, supported by sector tailwinds and disciplined capital allocation.

  • Q3 24/25

    Q3 FY25 saw revenue decline due to project delays, but EBITDA margin improved and profit after tax rose year-over-year. The order book remains strong with diversification into non-road sectors, and FY26 targets double-digit growth and ₹20,000 crore in new orders.

  • Q2 24/25

    Revenue and margins declined year-over-year due to execution delays and limited order inflow, but gross margin improved. Order book remains strong at INR 20,680 crores, with double-digit growth targeted for FY26 and significant equity investments planned over the next five years.

  • Q1 24/25

    Q1 FY25 saw a 12% revenue decline and margin compression, with order book at INR 19,075 crore and flat revenue expected for FY25. Management targets INR 20,000 crore in new orders and double-digit growth in FY26, contingent on timely project execution and sector diversification.