G R Infraprojects Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

GR Infraprojects' Q1 FY26 standalone revenue dipped 3.7% YoY to 1,826 Cr, while standalone PAT rose to 1,216 Cr. Consolidated revenue also saw a slight decrease, but consolidated EBITDA margin improved to 20%. The company boasts a strong 0.04x standalone debt-equity.

Current order book stands at 23,700 Cr, with 4,500 Cr in L1 bids awaiting conversion. FY26 order intake target is ambitious at 22,000 Cr, reflecting confidence in the government's 3,40,000 Cr highway pipeline and opportunities in railways, hydro, and power T&D. Management anticipates 10-15% revenue growth for FY26 and 15-20% for FY27. They expect reduced competition from new bidding criteria and plan to continue monetizing HAM assets via InvITs. The overall tone is confident about future growth prospects.