Loading…
← CockpitCompetitor Analysis › GRINFRA.NS G R Infraprojects Ltd.Open in the cockpit ↗

G R Infraprojects Ltd.GRINFRA.NSCompetitor analysis, valuation and peers

India · INR·Construction & Infra›Engineering & Construction
Momentum weak 27
Mkt cap
$803M
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$214,032
20-day average traded
Fwd P/E
8.9×
forward earnings
ROIC−WACC
-2.1 pp
WACC 14.0%
Hurdle
n/a
no reverse DCF
Next earnings
91 days
5 Feb 2027
Close · INR₹785.55
1D0.0%
1W+4.1%
1M-1.6%
3M-11.7%
6M-21.4%
YTD-21.3%
1Y-33.6%
ATR %3.6%
Beta0.69
52w lowhigh33.9% off high

What G R Infraprojects does

Employees: 15,347

G R Infraprojects at a glance

Size G R Infraprojects (GRINFRA.NS) is an India Industrials company (Engineering & Construction) with a market value of $803M, the 667th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹785.55 on 6 Nov 2026.

Performance Over six months the shares fell 21.4%, against -18.4% for the median peer and 0.0% for the India market (cap-weighted) — 8th lowest of 20 in its peer set.

Growth Revenue grew 25.1% over the last twelve months (peer median +3.0%); the operating margin is 16.3% (peer median 9.4%).

Valuation It trades at 8.9× forward earnings against a peer median of 13.9× (3rd cheapest of 14).

Capital Return on invested capital runs 2.1 points below its cost of capital (14.0% WACC).

Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026GRINFRA.NS 80Peer median 80
Six months, rebased to 100: G R Infraprojects against the median of its 20 peers (local-currency closes).

G R Infraprojects financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹91.9B₹84.0B₹73.9B₹89.8B₹94.8B
Revenue growth—+14%-18%-5%—
Gross profit₹19.1B₹17.7B₹16.0B₹21.0B₹24.9B
EBITDA₹16.9B₹16.6B₹17.2B₹21.5B₹25.7B
Net income₹10.2B₹9.03B₹10.1B₹13.2B₹14.5B
Free cash flown/a-₹27.9B-₹21.8B-₹14.6B-₹5.25B
Capital expendituren/a₹2.33B₹1.56B₹1.20B₹2.97B
Total debtn/a₹48.7B₹49.7B₹38.2B₹57.0B

Quarterly statements and history in the cockpit →

G R Infraprojects competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-20%0%+20%07371952603153600106FBYDTSK1835AFCONSGMRP&UIPOWERMECH1879603257SXE1982097230002307NXTGRINFRA.NS6-month return →1-month return →
Up and to the right = strong over both horizons. G R Infraprojects is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%10×20×073719521835AFCONSFDCGMRP&UIPOWERMECH603257SXE1982097230603312NXTGRINFRA.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. G R Infraprojects is the large dot.

G R Infraprojects competitors and peer comparison

How G R Infraprojects compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

G R Infraprojects against its 20 peers (data as of 6 Nov 2026)
MeasureGRINFRA.NSPeer medianRank in peer set
1-month return-1.6%-10.0%6th highest of 21
6-month return-21.4%-18.4%8th lowest of 20
Distance from 52-week high-33.9%-34.4%10th highest of 21
Revenue growth (TTM)+25.1%+3.0%4th highest of 21
Operating margin16.3%9.4%4th highest of 21
Forward P/E8.9×13.9×3rd cheapest of 14
ROIC minus cost of capital-2.1 pp+3.5 pp9th lowest of 20
EV / EBITDA4.5×9.7×2nd cheapest of 12
Net debt / EBITDA2.0×-1.0×3rd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
G R Infraprojects GRINFRA.NSIndia$803M-21%+25%16%8.9×n/an/a
Shenzhen Investment Holdings Bay Area Development 0737.HKHong Kong$803M-4%+11%30%8.9×14.6%-2.4%
Shin Nippon Air Technologies 1952.TJapan$803M-25%+11%9%8.7×1.3%+7.6%
Shanghai Research Institute of Building Sciences 603153.SSChina$820M-22%+10%8%n/a-6.2%+12.6%
Chongqing Road & Bridge 600106.SSChina$821M-31%-10%65%n/a32.7%-11.6%
Falcon's Beyond Global FBYDUnited States$831M-41%+181%-67%n/an/an/a
TSK Electronica y Electricidad TSK.MCSpain$831M+10%+1%6%n/a9.9%+0.9%
Totetsu Kogyo 1835.TJapan$841M-30%0%11%9.9×-11.6%+4.2%
Afcons Infrastructure AFCONS.NSIndia$841M-36%-15%4%25.2×n/an/a
FDC Consolidated FDC.AXAustralia$763Mn/a+13%-1%13.9×-6.2%+12.9%
GMR Power and Urban Infra GMRP&UI.NSIndia$763M-17%+4%14%14.6×n/an/a
Power Mech Projects POWERMECH.NSIndia$761M-12%+16%10%16.1×n/an/a
Shinnihon 1879.TJapan$759M+6%+7%14%n/a-21.3%+6.3%
China Nerin Engineering 603257.SSChina$851M-21%-21%10%23.4×15.4%+5.6%
Southern Cross Electrical Engineering SXE.AXAustralia$755M-14%-10%9%16.9×-4.8%+14.2%
Hibiya Engineering,Ltd 1982.TJapan$753M-8%+2%12%11.4×-3.4%+5.2%
Hj Shipbuilding & Construction 097230.KSSouth Korea$752M-61%+27%6%5.7×n/an/a
Suzhou West Deane New Power Electric 603312.SSChina$750M-18%-8%9%20.2×7.1%+62.0%
Xinjiang Beixin Road & Bridge 002307.SZChina$861M-19%-22%8%n/an/an/a
Beijing New Space Technology 605178.SSChina$861M-18%0%-51%n/an/an/a
Next Geosolutions Europe NXT.MIItaly$861M+22%+68%17%12.7×n/an/a

Questions

Which companies are G R Infraprojects's closest peers?
The cockpit's peer set: Shenzhen Investment Holdings Bay Area Development (0737.HK), Shin Nippon Air Technologies (1952.T), Shanghai Research Institute of Building Sciences (603153.SS), Chongqing Road & Bridge (600106.SS), Falcon's Beyond Global (FBYD), TSK Electronica y Electricidad (TSK.MC), Totetsu Kogyo (1835.T), Afcons Infrastructure (AFCONS.NS).
Is G R Infraprojects expensive compared with its peers?
On forward p/e it trades at 8.9× against a peer median of 13.9×, 3rd cheapest of 14 in its peer set.
How has G R Infraprojects stock performed?
Over six months to 6 Nov 2026 the shares returned -21.4% against -18.4% for the median peer; over one year -33.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.