SYNOPSIS: GPT Infraprojects has secured a Rs. 669.2 crore HAM road project from NHAI in Jodhpur via a joint venture, strengthening its order book with a four-lane elevated corridor project.
During Wednesday’s trading session, shares of a railway-focused infrastructure player, engaged in the execution of civil and infrastructure projects, surged nearly 7 percent on BSE, after securing an order worth nearly Rs. 669.2 crore from the National Highway Authority of India (NHAI) in Jodhpur via a joint venture.
With a market cap of Rs. 1,409 crores, shares of GPT Infraprojects Limited closed in the green at Rs. 111.5 on BSE, up by around 5 percent, as against its previous closing price of Rs. 106.65.
The stock has delivered negative returns of around 21 percent in one year, and has fallen by over 13 percent in the last six months.
According to the latest disclosures filed with the stock exchanges, GPT Infraprojects Limited has received an order worth Rs. 669.2 crore in a Joint Venture with ISCPPL, with GPT’s share at 51 percent or Rs. 341.3 crores.
The contract has been awarded by the National Highway Authority of India (NHAI) for the construction of a four-lane elevated road in Jodhpur, spanning from Mahamandir to Akhaliya Chouraha in Rajasthan. The order will be executed under the Hybrid Annuity Model (HAM) mode, and is expected to be executed within 912 days from the appointed date.
Previously, on 23rd December, GPT Infraprojects Limited secured an order valued at Rs. 199.2 crores from North Eastern Railway (CAO/CON, Gorakhpur). The contract involves the construction of the substructure, fabrication and launching of the superstructure for Important Bridge Nos. 247 and 287, each comprising 10 spans of 61 metres, over the Rapti River.
This project includes Double D-type well foundations for a double-line track designed to meet RDSO 25-tonne axle load standards and forms part of the new railway line between Khalilabad and Bahraich, connecting the Balrampur–Bahraich stations under the North Eastern Railway network.
GPT Infra reported a marginal decline in revenue from operations, experiencing a year-on-year decrease of more than 3 percent, from Rs. 288 crores in Q2 FY25 to Rs. 279 crores in Q2 FY26. In contrast, its net profit increased during the same period from Rs. 17.6 crores to Rs. 21.8 crores, representing a significant rise of around 24 percent YoY.
As of H1 FY26, the company reported a consolidated order book of Rs. 3,591 crore, with infrastructure projects accounting for 87 percent (Rs. 3,153 crore) and concrete sleepers contributing the remaining 13 percent (Rs. 438 crore). GPT Infraprojects Limited is principally engaged in the construction activities for infrastructure projects, as well as in the concrete sleeper manufacturing business.
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