G R Infraprojects (GRINFRA) Stock Overview
Provides civil construction services in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
No risks detected for GRINFRA from our risk checks.
GRINFRA Community Fair Values
Create NarrativeSee what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
G R Infraprojects Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹877.90 |
| 52 Week High | ₹1,345.00 |
| 52 Week Low | ₹785.00 |
| Beta | 0.61 |
| 1 Month Change | -2.99% |
| 3 Month Change | -6.10% |
| 1 Year Change | -30.58% |
| 3 Year Change | -29.09% |
| 5 Year Change | -45.15% |
| Change since IPO | -49.75% |
Recent News & Updates
Recent updates
Narrative Update • Jun 25
GRINFRA: New Road And Energy Contracts Will Support Bullish Outlook
Analysts have kept their ₹1,295.42 price target for G R Infraprojects broadly unchanged, pointing to steady assumptions on revenue growth, margins and future P/E, with only minor adjustments to the discount rate and model precision. What’s in the News for G R Infraprojects A board meeting is scheduled for May 11, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.Narrative Update • Jun 05
GRINFRA: New Road And Energy Contracts Will Support Bullish Outlook
The analyst price target for G R Infraprojects has been trimmed from ₹1,332.50 to about ₹1,295.42 as analysts factor in updated assumptions around revenue growth, profit margin and future P/E expectations. What's in the News Board meeting scheduled for May 11, 2026 to review and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider several governance and audit appointments.Analysis Article • May 24
G R Infraprojects' (NSE:GRINFRA) Weak Earnings May Only Reveal A Part Of The Whole Picture
The subdued market reaction suggests that G R Infraprojects Limited's ( NSE:GRINFRA ) recent earnings didn't contain...Narrative Update • May 13
GRINFRA: New Highway Orders And Dividend Will Support Bullish Outlook
Analysts have kept the G R Infraprojects fair value unchanged at ₹1,332.50. The latest price target reflects small tweaks to discount rate, revenue growth and profit margin assumptions rather than a major shift in their overall view.Narrative Update • Apr 25
GRINFRA: New Road Awards And Asset Sales Will Support Bullish Outlook
Analysts have slightly reduced their price target on G R Infraprojects, with fair value easing from about ₹1,370 to roughly ₹1,333. This reflects updated assumptions around the discount rate, revenue growth, profit margins and future P/E.Narrative Update • Apr 10
GRINFRA: New Road Projects And Interim Dividend Will Support Bullish Outlook
Analysts have reduced their price target on G R Infraprojects slightly from ₹1,373.75 to about ₹1,370, reflecting updated assumptions that combine more moderate revenue growth with stronger profit margins and a lower future P/E multiple. What's in the News Letter of Acceptance from National Highways Authority of India for a Hybrid Annuity Mode project to upgrade a 60.21 km section of NH 56 in Gujarat, with a contract size of ₹14,535.7 million and an execution period of 910 days from the appointed date (company filing).Narrative Update • Mar 27
GRINFRA: Railway Contract And Interim Dividend Will Support Bullish Outlook
Analysts have kept their price target for G R Infraprojects unchanged at ₹1,373.75. The slight adjustment in discount rate and forward P/E reflects updated assumptions in their valuation framework rather than a shift in their overall view of the stock.Narrative Update • Mar 12
GRINFRA: Railway Project Wins And Upcoming Dividend Will Support Bullish View
Analysts have kept the G R Infraprojects fair value target steady at ₹1,373.75, with only minor tweaks to the discount rate and future P/E assumptions. This reflects a broadly unchanged view on the stock's risk and earnings profile.
New Narrative • Feb 27
Offshore EPC Expansion And Equity Commitments Will Temper Infrastructure Upside Over Time
Catalysts About G R Infraprojects G R Infraprojects is an engineering, procurement and construction company focused on roads, rail, power transmission, oil and gas, logistics and related infrastructure projects in India. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 26
GRINFRA: Upcoming Dividend Will Support Bullish Outlook On New Project Wins
Analysts have kept their fair value estimate for G R Infraprojects steady at ₹1,373.75, with small tweaks to assumptions such as the discount rate, profit margin and future P/E guiding only a marginal adjustment to their price target narrative rather than a meaningful reset. What's in the News The company received a Letter of Acceptance for construction of a new railway line between Bahari and Gondawali stations in Madhya Pradesh, covering earthwork, bridges, viaduct, tunnels, station building, track work and related works under the Sidhi Singrauli rail link project (company announcement).Narrative Update • Feb 11
GRINFRA: Upcoming Dividend And New Projects Will Support Bullish Outlook
Analysts have revised their price target on G R Infraprojects from ₹1,481.17 to ₹1,373.75 as they factor in updated assumptions on discount rate, revenue growth, profit margin and forward P/E. What's in the News A board meeting is scheduled on Feb 13, 2026 to consider and approve an interim dividend on equity shares for FY 2025-26 (company filing).
New Narrative • Feb 11
Long-Term Infrastructure Spending And Low Debt Will Support Stronger Prospects Here
Catalysts About G R Infraprojects G R Infraprojects is an engineering, procurement and construction company focused on roads, highways and diversified infrastructure projects across India. What are the underlying business or industry changes driving this perspective?Analysis Article • Nov 22
We Think That There Are More Issues For G R Infraprojects (NSE:GRINFRA) Than Just Sluggish Earnings
G R Infraprojects Limited's ( NSE:GRINFRA ) recent weak earnings report didn't cause a big stock movement. However, we...Analysis Article • Nov 07
G R Infraprojects' (NSE:GRINFRA) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Aug 01
A Look At The Intrinsic Value Of G R Infraprojects Limited (NSE:GRINFRA)
Key Insights The projected fair value for G R Infraprojects is ₹1,267 based on 2 Stage Free Cash Flow to Equity G R...Analysis Article • Jul 01
These 4 Measures Indicate That G R Infraprojects (NSE:GRINFRA) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 23
Earnings Troubles May Signal Larger Issues for G R Infraprojects (NSE:GRINFRA) Shareholders
G R Infraprojects Limited's ( NSE:GRINFRA ) stock showed strength, with investors undeterred by its weak earnings...Analysis Article • May 14
The Returns On Capital At G R Infraprojects (NSE:GRINFRA) Don't Inspire Confidence
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Mar 21
G R Infraprojects (NSE:GRINFRA) Seems To Be Using A Lot Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Narrative • Mar 11
Government Infrastructure Spend May Create Opportunities, While Margin Pressures Persist
Diversification into highways and non-road sectors, coupled with government infrastructure spending, should propel G R Infraprojects' revenue growth.Analysis Article • Feb 27
G R Infraprojects Limited (NSE:GRINFRA) Shares Could Be 22% Above Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, G R Infraprojects fair value estimate is ₹830 Current share...Analysis Article • Feb 04
G R Infraprojects (NSE:GRINFRA) May Have Issues Allocating Its Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Jan 09
G R Infraprojects Limited's (NSE:GRINFRA) Low P/E No Reason For Excitement
With a price-to-earnings (or "P/E") ratio of 11.7x G R Infraprojects Limited ( NSE:GRINFRA ) may be sending very...Analysis Article • Dec 14
G R Infraprojects (NSE:GRINFRA) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Nov 04
G R Infraprojects (NSE:GRINFRA) Might Be Having Difficulty Using Its Capital Effectively
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • Oct 08
G R Infraprojects Limited's (NSE:GRINFRA) Prospects Need A Boost To Lift Shares
G R Infraprojects Limited's ( NSE:GRINFRA ) price-to-earnings (or "P/E") ratio of 13.2x might make it look like a...Analysis Article • Aug 07
Does This Valuation Of G R Infraprojects Limited (NSE:GRINFRA) Imply Investors Are Overpaying?
Key Insights The projected fair value for G R Infraprojects is ₹1,297 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Jul 13
The Returns On Capital At G R Infraprojects (NSE:GRINFRA) Don't Inspire Confidence
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • Jun 12
G R Infraprojects Limited's (NSE:GRINFRA) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
G R Infraprojects Limited ( NSE:GRINFRA ) shares have continued their recent momentum with a 28% gain in the last month...Analysis Article • Jun 06
Earnings Troubles May Signal Larger Issues for G R Infraprojects (NSE:GRINFRA) Shareholders
The market rallied behind G R Infraprojects Limited's ( NSE:GRINFRA ) stock, leading do a rise in the share price after...Analysis Article • Jun 05
We Think G R Infraprojects (NSE:GRINFRA) Is Taking Some Risk With Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 21
G R Infraprojects Limited's (NSE:GRINFRA) Price Is Right But Growth Is Lacking
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 29x, you may consider G R...Analysis Article • Jan 31
These 4 Measures Indicate That G R Infraprojects (NSE:GRINFRA) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Dec 23
G R Infraprojects (NSE:GRINFRA) Will Want To Turn Around Its Return Trends
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Analysis Article • Jul 25
Investors Could Be Concerned With G R Infraprojects' (NSE:GRINFRA) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Jul 07
Is Now The Time To Put G R Infraprojects (NSE:GRINFRA) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Apr 04
There Are Reasons To Feel Uneasy About G R Infraprojects' (NSE:GRINFRA) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Shareholder Returns
| GRINFRA | IN Construction | IN Market | |
|---|---|---|---|
| 7D | -1.4% | -1.6% | -0.08% |
| 1Y | -30.6% | -4.3% | 4.6% |
Return vs Industry: GRINFRA underperformed the Indian Construction industry which returned -4.3% over the past year.
Return vs Market: GRINFRA underperformed the Indian Market which returned 4.6% over the past year.
Price Volatility
| GRINFRA volatility | |
|---|---|
| GRINFRA Average Weekly Movement | 3.9% |
| Construction Industry Average Movement | 6.1% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in IN Market | 8.9% |
| 10% least volatile stocks in IN Market | 3.6% |
Stable Share Price: GRINFRA has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: GRINFRA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 9,982 | Ajendra Agarwal | www.grinfra.com |
G R Infraprojects Limited provides civil construction services in India. It operates through the Engineering, Procurement, and Construction; Built, Operate and Transfer/Annuity Projects; and Others segments. It offers engineering, procurement, construction (EPC), and project management services for roads and highways, bridges, airport runway, railways and metro, hydro and tunneling, power transmission and distribution, ropeways, logistics infrastructure, telecom and IT infrastructures.
G R Infraprojects Limited Fundamentals Summary
| GRINFRA fundamental statistics | |
|---|---|
| Market cap | ₹84.95b |
| Earnings (TTM) | ₹10.16b |
| Revenue (TTM) | ₹91.98b |
8.4x
P/E Ratio0.9x
P/S RatioIs GRINFRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRINFRA income statement (TTM) | |
|---|---|
| Revenue | ₹91.98b |
| Cost of Revenue | ₹62.03b |
| Gross Profit | ₹29.95b |
| Other Expenses | ₹19.79b |
| Earnings | ₹10.16b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 105.01 |
| Gross Margin | 32.56% |
| Net Profit Margin | 11.05% |
| Debt/Equity Ratio | 51.9% |
How did GRINFRA perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield3%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/13 17:25 |
| End of Day Share Price | 2026/08/13 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
G R Infraprojects Limited is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| Sudeep Bora | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |