G R Infraprojects

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 40% and profit rose 47% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 75% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 8 times its yearly earnings (P/E), cheaper than 93% of the time in the last 5 years. Its usual P/E is about 11.

G R Infraprojects against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)8 against a typical 14.4: cheaper than most peers (1st = cheapest).38th of 181
• Sales growth+40% against a typical +8.6% from a year earlier.37th of 147
• Profit growth+46.7% against a typical 0% from a year earlier.35th of 130
• Share price, 3 months−12.2% against a typical −13.1%.80th of 164
• Size₹ 7,739.3 Cr. market value against a typical ₹ 148 Cr. (1st = largest).10th of 156

Exchange filings and their impact on the company.

• 16 Oct 2026Pendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyLow impactPositivePrice +0.4% on 19 Oct
  MP High Court quashed the GST show-cause notice against GR Infra, removing the tax dispute overhang.

  GR Infraprojects said the Madhya Pradesh High Court, Indore has quashed the GST show-cause notice dated 25 August 2026 issued by the Joint Commissioner of State Tax, Ratlam Division under Section 74 of CGST/MPGST Act. The notice had been challenged by the company through a writ petition disclosed in August and September 2026. There is no settlement, penalty or payment, so the dispute is closed with no financial outflow.

  Full analysisFiling
• 15 Oct 2026General UpdatesLow impactPositivePrice −1.3% that day
  GR Infra's arm signed a Rs 91.6 crore 45-year Varanasi logistics park concession, a ~1% revenue add.

  Fourwrd MMLP Varanasi, a wholly owned subsidiary of G R Infraprojects, signed a concession with Varanasi MMLP on 15 October 2026 to develop, operate and maintain the Varanasi Multi Modal Logistics Park in Uttar Pradesh on a DBFOT basis. The project is sized at Rs 91.60 crore excluding GST, with 1-year construction and a 45-year concession including construction. It adds about 1% to annual revenue and a long-term operating asset, but is too small to change group earnings materially in the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ajendra Kumar Agarwal

Executive Chairman of the Board, Managing Director

Anand Rathi

Chief Financial Officer

Sudhir Mutha

Compliance Officer, Company Secretary

Ashwin Agarwal

Additional Wholetime Director

Vikas Agarwal

Whole Time Director