Announcement • Aug 08
GPT Infraprojects Limited Recommends Interim Dividend for the Financial Year 2025-26 GPT Infraprojects Limited at the AGM held on August 8, 2026 recommended a payment of Interim Dividend of INR 2.75 (27.5%) per Equity Shares of face value of INR 10 each, for the financial year 2025-26. Reported Earnings • Jul 12
Full year 2026 earnings released: EPS: ₹7.70 (vs ₹6.55 in FY 2025) Full year 2026 results: EPS: ₹7.70 (up from ₹6.55 in FY 2025). Revenue: ₹12.9b (up 8.6% from FY 2025). Net income: ₹973.1m (up 22% from FY 2025). Profit margin: 7.5% (up from 6.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹136, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 367% over the past three years. Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹7.70 (vs ₹6.55 in FY 2025) Full year 2026 results: EPS: ₹7.70 (up from ₹6.55 in FY 2025). Revenue: ₹13.0b (up 9.8% from FY 2025). Net income: ₹973.1m (up 22% from FY 2025). Profit margin: 7.5% (up from 6.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 21
GPT Infraprojects Limited, Annual General Meeting, Aug 08, 2026 GPT Infraprojects Limited, Annual General Meeting, Aug 08, 2026. Announcement • May 14
GPT Infraprojects Limited to Report Q4, 2026 Results on May 20, 2026 GPT Infraprojects Limited announced that they will report Q4, 2026 results on May 20, 2026 Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹118, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 16x in the Construction industry in India. Total returns to shareholders of 389% over the past three years. Declared Dividend • Jan 30
Dividend of ₹0.75 announced Shareholders will receive a dividend of ₹0.75. Ex-date: 3rd February 2026 Payment date: 26th February 2026 Dividend yield will be 2.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 29
GPT Infraprojects Limited (BSE:533761) signed a Share Purchase Agreement to acquire Alcon Builders And Engineers Private Limited for INR 1.5 billion. GPT Infraprojects Limited (BSE:533761) signed a Share Purchase Agreement to acquire Alcon Builders And Engineers Private Limited for INR 1.5 billion on January 28, 2026. A cash consideration of INR 1.5 billion will be paid by GPT Infraprojects Limited. As part of consideration, INR 1.5 billion is paid towards common equity of Alcon Builders And Engineers Private Limited. Through this acquisition, GPT Infraprojects Limited will enter into the high-margin signaling EPC segment, complementing GPT’s over 40-year relationship with Indian Railways.
For the period ending March 31, 2025, Alcon Builders And Engineers Private Limited reported total revenue of INR 1 billion.
The transaction is subject to approval of offer by GPT Infraprojects Limited board. The deal has been approved by the board. The transaction is expected to be completed on or before March 31, 2026. Reported Earnings • Jan 29
Third quarter 2026 earnings released: EPS: ₹1.60 (vs ₹1.71 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.60 (down from ₹1.71 in 3Q 2025). Revenue: ₹2.87b (up 3.3% from 3Q 2025). Net income: ₹201.5m (down 5.9% from 3Q 2025). Profit margin: 7.0% (down from 7.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 20
GPT Infraprojects Limited to Report Q3, 2026 Results on Jan 28, 2026 GPT Infraprojects Limited announced that they will report Q3, 2026 results on Jan 28, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹1.72 (vs ₹1.47 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.72 (up from ₹1.47 in 2Q 2025). Revenue: ₹2.82b (down 2.0% from 2Q 2025). Net income: ₹218.0m (up 24% from 2Q 2025). Profit margin: 7.7% (up from 6.1% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 31
GPT Infraprojects Limited to Report Q2, 2026 Results on Nov 06, 2025 GPT Infraprojects Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Announcement • Aug 04
Gpt Infraprojects Limited Declares First Interim Dividend for the Financial Year 2025-26, Payable on or Before September 2, 2025 GPT Infraprojects Limited in its Board of Directors of the Company at their meeting held, i.e., August 4, 2025, have declared First Interim Dividend at the rate of 10% (INR 1.00 per share) on the face value of the equity shares (10/- each) of the Company, for the financial year 2025-26. The Company is expecting to pay the interim dividend to the shareholders on or before September 2, 2025. The Record Date for the purpose of payment of the aforesaid Interim Dividend has been fixed at Monday, August 11, 2025. Announcement • Jul 28
GPT Infraprojects Limited to Report Q1, 2026 Results on Aug 04, 2025 GPT Infraprojects Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Upcoming Dividend • Jul 24
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 31 July 2025. Payment date: 06 September 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 2.3%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.8%). Board Change • Jul 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Independent Director Hari Modi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 16
Full year 2025 earnings released: EPS: ₹6.55 (vs ₹4.97 in FY 2024) Full year 2025 results: EPS: ₹6.55 (up from ₹4.97 in FY 2024). Revenue: ₹11.9b (up 17% from FY 2024). Net income: ₹800.7m (up 38% from FY 2024). Profit margin: 6.7% (up from 5.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
GPT Infraprojects Limited, Annual General Meeting, Aug 07, 2025 GPT Infraprojects Limited, Annual General Meeting, Aug 07, 2025. Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹6.55 (vs ₹4.97 in FY 2024) Full year 2025 results: EPS: ₹6.55 (up from ₹4.97 in FY 2024). Revenue: ₹11.9b (up 17% from FY 2024). Net income: ₹800.7m (up 38% from FY 2024). Profit margin: 6.7% (up from 5.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹141, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 575% over the past three years. Announcement • May 10
GPT Infraprojects Limited to Report Q4, 2025 Results on May 16, 2025 GPT Infraprojects Limited announced that they will report Q4, 2025 results on May 16, 2025 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹112, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 548% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹86.64, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 445% over the past three years. Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: ₹1.71 (vs ₹1.28 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.71 (up from ₹1.28 in 3Q 2024). Revenue: ₹2.80b (up 10% from 3Q 2024). Net income: ₹214.2m (up 44% from 3Q 2024). Profit margin: 7.7% (up from 5.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
GPT Infraprojects Limited Declares Second Interim Dividend for the Financial Year 2024-25, Payable on or Before March 5, 2025 GPT Infraprojects Limited announced that at the board meeting held on February 04, 2025, have declared Second Interim Dividend at the rate of 10 % (INR 1.00 per share) on the face value of the equity shares (INR 10/- each) of the Company, for the financial year 2024-25. The Company is expecting to pay the interim dividend to the shareholders on or before March 5, 2025. The Record Date for the purpose of payment of the aforesaid Interim Dividend has been fixed at February 10, 2025. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹113, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 528% over the past three years. Announcement • Jan 22
GPT Infraprojects Limited to Report Q3, 2025 Results on Feb 04, 2025 GPT Infraprojects Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Announcement • Jan 15
GPT Infraprojects Limited Approves the Appointment of Sonam Lakhotia as Company Secretary (KMP) and Compliance Officer The Board of Directors of GPT Infraprojects Limited at their meeting held on January 15, 2025 based on the recommendation of Nomination and Remuneration Committee, approved the appointment of Mrs. Sonam Lakhotia as the Company Secretary (KMP) and Compliance Officer of the Company with effect from January 15, 2025. Mrs. Sonam Lakhotia has been appointed as the Company Secretary and Compliance Officer of the Company in place of Mr. Mohit Arora who had resigned from the said position with effect from the close of business hours of October 16, 2024. Mrs. Sonam Lakhotia is an associate member of the Institute of Company Secretaries of India and having over 9 years of experience in corporate world and rich insights of working with various industries. She is also a Post graduate. She has experience of handling various statutory compliances. Mrs. Sonam Lakhotia is not related to any of the director or key managerial personnel in the Company. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹1.47 (vs ₹1.16 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.47 (up from ₹1.16 in 2Q 2024). Revenue: ₹2.90b (up 24% from 2Q 2024). Net income: ₹176.3m (up 31% from 2Q 2024). Profit margin: 6.1% (up from 5.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
GPT Infraprojects Limited to Report Q2, 2025 Results on Nov 12, 2024 GPT Infraprojects Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹146, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 653% over the past three years. Buy Or Sell Opportunity • Oct 24
Now 20% overvalued Over the last 90 days, the stock has fallen 24% to ₹129. The fair value is estimated to be ₹107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 38%. Announcement • Oct 16
GPT Infraprojects Limited Announces Resignation of Mohit Arora as Company Secretary and Compliance Officer GPT Infraprojects Limited announced that Mr. Mohit Arora, Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company, has resigned with effect from closing of business hours on October 16, 2024. Announcement • Aug 30
GPT Infraprojects Limited has completed a Follow-on Equity Offering in the amount of INR 1.749998 billion. GPT Infraprojects Limited has completed a Follow-on Equity Offering in the amount of INR 1.749998 billion.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 10,020,600
Price\Range: INR 174.64
Transaction Features: Regulation S; Subsequent Direct Listing Announcement • Jul 24
GPT Infraprojects Limited to Report Q1, 2025 Results on Jul 31, 2024 GPT Infraprojects Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹163, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 666% over the past three years. Reported Earnings • Jul 08
Full year 2024 earnings released: EPS: ₹4.97 (vs ₹2.70 in FY 2023) Full year 2024 results: EPS: ₹4.97 (up from ₹2.70 in FY 2023). Revenue: ₹10.2b (up 26% from FY 2023). Net income: ₹578.4m (up 84% from FY 2023). Profit margin: 5.7% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹157, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 30x in the Construction industry in India. Total returns to shareholders of 748% over the past three years. Announcement • Jun 21
GPT Infraprojects Limited Appoints Amrit Jyoti Tantia as Whole-Time Director GPT Infraprojects Limited in continuation to May 21, 2024 have been passed by the members with requisite majority and are deemed to have been passed on June 20, 2024, approved the appointment of Mr. Amrit Jyoti Tantia as Whole-Time Director designated as Director (Projects) of the Company. Upcoming Dividend • May 23
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 16 June 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.7%). Announcement • May 19
GPT Infraprojects Limited, Annual General Meeting, Jul 30, 2024 GPT Infraprojects Limited, Annual General Meeting, Jul 30, 2024. Reported Earnings • May 18
Full year 2024 earnings released: EPS: ₹9.94 (vs ₹5.40 in FY 2023) Full year 2024 results: EPS: ₹9.94 (up from ₹5.40 in FY 2023). Revenue: ₹10.2b (up 27% from FY 2023). Net income: ₹578.4m (up 84% from FY 2023). Profit margin: 5.6% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
GPT Infraprojects Limited to Report Q4, 2024 Results on May 17, 2024 GPT Infraprojects Limited announced that they will report Q4, 2024 results on May 17, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹212, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 1,048% over the past three years. New Risk • Apr 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (74% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Buy Or Sell Opportunity • Apr 05
Now 23% undervalued Over the last 90 days, the stock has risen 9.9% to ₹173. The fair value is estimated to be ₹225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 36%. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹185, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 959% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹158, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 781% over the past three years. Buy Or Sell Opportunity • Feb 23
Now 21% undervalued Over the last 90 days, the stock has risen 38% to ₹186. The fair value is estimated to be ₹235, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 36%. Upcoming Dividend • Feb 02
Upcoming dividend of ₹1.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 09 February 2024. Payment date: 28 February 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.6%). Announcement • Feb 01
GPT Infraprojects Limited (BSE:533761) completed the acquisition of 26.67% stake in Jogbani Highway Private Limited from Rds Project Limited for INR 12 million. GPT Infraprojects Limited (BSE:533761) agreed to acquire 26.67% stake in Jogbani Highway Private Limited from Rds Project Limited for INR 12 million on January 30, 2024. The consideration consists of INR 12 million in cash. Prior to the transaction, GPT Infraprojects Limited (BSE:533761) held 73.33% stake in Jogbani Highway Private Limited.GPT Infraprojects Limited (BSE:533761) completed the acquisition of 26.67% stake in Jogbani Highway Private Limited from Rds Project Limited for INR 12 million on January 30, 2024. Reported Earnings • Jan 31
Third quarter 2024 earnings released: EPS: ₹2.56 (vs ₹1.30 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.56 (up from ₹1.30 in 3Q 2023). Revenue: ₹2.54b (up 27% from 3Q 2023). Net income: ₹149.1m (up 97% from 3Q 2023). Profit margin: 5.9% (up from 3.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
GPT Infraprojects Limited Declares Second Interim Dividend for the Financial Year 2023-2024, Payable on or Before February 28, 2024 GPT Infraprojects Limited announced that the Board of Directors of the Company at their meeting held January 30, 2024, have declared second Interim Dividend at the rate of 10% (INR 1 per share) on the face value of the equity shares (INR 10/- each) of the Company, for the financial year 2023-24. The Company is expecting to pay the interim dividend to the shareholders on or before February 28, 2024. Announcement • Jan 21
GPT Infraprojects Limited to Report Q3, 2024 Results on Jan 30, 2024 GPT Infraprojects Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Upcoming Dividend • Nov 17
Upcoming dividend of ₹1.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 24 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.8%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%). Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹2.32 (vs ₹0.95 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.32 (up from ₹0.95 in 2Q 2023). Revenue: ₹2.35b (up 54% from 2Q 2023). Net income: ₹135.1m (up 145% from 2Q 2023). Profit margin: 5.8% (up from 3.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
GPT Infraprojects Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before December 07, 2023 GPT Infraprojects Limited at the board meeting, the board declared an Interim Dividend at the rate of 10% (Re 1 per share) on the face value of the equity shares (INR 10 each) for the financial year 2023-24. The company is expecting to pay the interim dividend to the shareholders on or before December 07, 2023. The Record Date for payment of the Interim above Dividend has been fixed at November 24, 2023. Announcement • Nov 01
GPT Infraprojects Limited to Report Q2, 2024 Results on Nov 08, 2023 GPT Infraprojects Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Jul 28
GPT Infraprojects Limited Approves Final Dividend on Equity Shares for the Financial Year Ended March 31, 2023 GPT Infraprojects Limited approved final dividend at 15% on equity shares for the financial year ended March 31, 2023 at the Annual General Meeting held on July 27, 2023. Announcement • Jul 26
GPT Infraprojects Limited to Report Q1, 2024 Results on Aug 02, 2023 GPT Infraprojects Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Upcoming Dividend • Jul 13
Upcoming dividend of ₹1.50 per share at 4.3% yield Eligible shareholders must have bought the stock before 20 July 2023. Payment date: 26 August 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 08
Full year 2023 earnings released: EPS: ₹5.40 (vs ₹4.18 in FY 2022) Full year 2023 results: EPS: ₹5.40 (up from ₹4.18 in FY 2022). Revenue: ₹8.09b (up 20% from FY 2022). Net income: ₹314.0m (up 29% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹3.83b market cap, or US$46.8m). Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹69.15, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 545% over the past three years. Reported Earnings • May 23
Full year 2023 earnings released: EPS: ₹5.40 (vs ₹4.18 in FY 2022) Full year 2023 results: EPS: ₹5.40 (up from ₹4.18 in FY 2022). Revenue: ₹8.14b (up 21% from FY 2022). Net income: ₹314.0m (up 29% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹59.50, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 754% over the past three years. Upcoming Dividend • Feb 03
Upcoming dividend of ₹1.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 10 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.0%). Announcement • Feb 01
GPT Infraprojects Limited Approves Interim Dividend for the Financial Year 2022-23 GPT Infraprojects Limited announced that at its Board of Directors of the Company at their meeting held on January 31, 2023, approved the declaration of Interim Dividend @ 10% (INR 1.00 per equity share) for the Financial Year 2022-23. The Board has fixed February 10, 2023 as the "Record Date" to ascertain the names of the shareholders /beneficial owners of the Company to whom the aforesaid interim dividend shall be payable.