Synopsis:
G R Infraprojects Ltd has won a ₹290.23 crore EPC contract to build the 26.67 km Giridih Bypass in Jharkhand, to be completed in 24 months.
The shares of the Small-cap company, specializing in integrated Engineering Procurement and Construction (EPC) services, jumped upto 3 percent upon receiving a work order from the State Highway Authority of Jharkhand for Rs. 290.23 Crores.
With a market capitalization of Rs. 12,413.72 Crores on Friday, the shares of G R Infraprojects Ltd rose by 2.6 percent after making a high of Rs. 1311.25 compared to its previous closing price of Rs. 1277.65.
G R Infraprojects Ltd, engaged in integrated Engineering, Procurement, and Construction (EPC) services, has been declared the lowest bidder (L-1) for the EPC project to construct the Giridih Bypass (towards Tundi) road, spanning 26.672 kilometers, awarded by the State Highway Authority of Jharkhand. The contract value for this project is ₹290.23 crore, and the completion period is 24 months from the date of appointment.
Financials & Others
The company’s revenue declined by 7.5 percent from Rs. 2,515.56 crore to Rs. 2,325.84 crore in Q4FY24-25. Meanwhile, the Net profit declined from Rs. 553.93 crore to Rs. 403.9 crore during the same period.
The company has a strong financial position with a low P/E ratio of 12.07, making it undervalued compared to the industry average of 19.92. It maintains a low debt-to-equity ratio of 0.59, indicating financial stability. Promoters hold over 65% of shares, reflecting confidence in the business. Additionally, the company has delivered a solid 3-year average net profit growth of 16.72%.
G R Infraprojects Limited is a leading Indian infrastructure company specializing in Engineering, Procurement, and Construction (EPC) projects, primarily in the road sector. Incorporated in 1995, it has nearly three decades of experience designing and building roads, highways, bridges, railways, metros, and airport runways across India.
The company is known for timely project delivery, high-quality standards, and strong expertise in civil infrastructure with a diversified portfolio including smart mobility and power transmission sectors.
As of 31st March 2025, the company’s order book stands at Rs. 19,179.9 crore. The major segments include Road projects (74%), Transmission (7%), MMLP (4%), Railway & Metro (5%), Tunnel works (1%), and the rest from OFC and other sectors.
G R Infraprojects Ltd serves a diverse range of marquee clients across central and state government bodies. Key clients include NHAI, MoRTH, Rail Vikas Nigam Ltd, NHPC, UPEIDA, MSRDC, PWD Rajasthan, BSRDC, Bangalore Metro Rail Corporation, REC Power Development, and Vaishno Devi Shrine Board.
Written by Sridhar J
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