GMR Power and Urban Infra LimitedGMRP&UICorporate

Engineering - Turnkey Services Latest results: Sep 2026 16 quarters of data

₹92.55

MCap ₹7,228 Cr

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹1,527 Cr

Sales · Sep 2026

-15.6% YoY

₹353 Cr

Operating Profit · Sep 2026

-3.0% YoY

23.1%

OPM % · Sep 2026

+14.9% YoY

₹154 Cr

Net Profit · Sep 2026

-82.8% YoY

₹1.97

EPS · Sep 2026

-84.2% YoY

📝 GMR Power and Urban Infra Limited — results explained

Quarter ended September 2026 (Q2 FY27)

GMR Power and Urban Infra Limited reported revenue of ₹1,527 crore for the quarter ended September 2026 (Q2 FY27), down 15.6% from ₹1,810 crore in the same quarter last year, and down 10.4% sequentially over the June 2026 quarter.

Net profit fell 82.8% year-on-year to ₹154 crore, from ₹895 crore. Earnings per share (EPS) came in at ₹1.97.

Operating profit stood at ₹353 crore — an operating margin (OPM) of 23.1%, compared with 20.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, GMR Power and Urban Infra Limited posted revenue of ₹7,332 crore, a growth of 15.6% over FY25, with a net profit of ₹613 crore (down 60.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹7,106 crore with a net loss of ₹156 crore.

Valuation snapshot

At the current price of ₹92.55, GMRP&UI has a market capitalisation of ₹7,228 crore.

Within the Engineering - Turnkey Services industry, it is the 4th-largest of the 36 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 46.53%, foreign institutional investors (FIIs) 16.35%, domestic institutional investors (DIIs) 5.58%, public shareholders 31.54% of GMR Power and Urban Infra Limited.

Promoter holding rose from 46.28% to 46.53% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹7,228 Cr

Current Price ?

₹92.5

P/E ?

N/A

Industry P/E ?

10.30

P/B ?

3.66

P/S ?

1.02

P/FCF ?

5.86

Enterprise Value ?

₹18,586 Cr

EV/EBITDA ?

11.38

PEG ?

N/A

Earnings Yield ?

5.2%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹7,106 Cr

OPM ?

23.0%

Profit after tax (TTM) ?

₹-156 Cr

EPS (TTM) ?

₹-1.99

ROCE ?

12.0%

ROE ?

-7.9%

ROA ?

-0.9%

Growth

Sales — latest qtr ?

₹1,527 Cr

PAT — latest qtr ?

₹154 Cr

YoY qtr sales growth ?

-15.6%

YoY qtr profit growth ?

-82.8%

Sales growth (3y) ?

10%

Sales growth (5y) ?

22%

Profit growth (3y) ?

N/A

Profit growth (5y) ?

13%

Financial Health

Debt ?

₹11,358 Cr

Debt to Equity ?

5.75

Interest Coverage ?

0.6

Ownership

Promoter holding ?

46.53%

Change in promoter holding ?

-4.03%

FII holding ?

16.35%

DII holding ?

5.58%

Market

Return 3 months ?

-4.8%

Return 6 months ?

-16.5%

🗓️ Quarterly results (16 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	YoY %	QoQ %
Sales	1,447	1,423	1,124	627	1,103	1,634	1,612	1,384	1,611	1,737	1,648	1,810	1,869	2,004	1,705	1,527	-15.6%	-10.4%
Operating Profit	125	-78	161	108	194	438	513	348	275	380	401	363	369	459	453	353	-3.0%	-22.3%
Other Income	56	-46	76	101	327	135	123	328	135	126	120	112	229	112	44	63	-43.4%	+43.7%
Interest	276	326	279	272	370	523	450	319	364	394	441	446	379	392	318	301	-32.5%	-5.3%
Depreciation	36	21	39	40	100	127	185	140	139	148	160	164	166	176	163	160	-2.4%	-1.5%
Profit Before Tax	339	-471	-199	-103	45	180	1,407	239	-94	167	13	865	-72	2	9	176	-79.7%	+1884.7%
Net Profit	339	-471	-218	-123	43	170	1,362	250	-108	49	-7	895	-160	-114	-35	154	-82.8%	+535.2%
EPS	5.97	-7.84	-3.40	-1.74	0.75	2.69	20.30	3.57	-1.49	0.61	-0.11	12.43	-2.36	-1.43	-0.53	1.97	-84.2%	+471.7%
OPM %	8.6%	-5.5%	14.4%	17.2%	17.6%	26.8%	31.8%	25.2%	17.1%	21.9%	24.3%	20.1%	19.7%	22.9%	26.6%	23.1%	+14.9%	-13.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹6,344 Cr	₹7,332 Cr	₹7,106 Cr	+15.6%
Operating Profit	₹1,516 Cr	₹1,592 Cr	₹1,634 Cr	+5.0%
OPM %	23.90%	21.71%	22.99%	-9.2%
NPM %	24.47%	8.36%	-2.19%	-65.8%
Other Income	₹712 Cr	₹572 Cr	₹448 Cr	-19.6%
Depreciation	₹612 Cr	₹666 Cr	₹665 Cr	+8.7%
Interest	₹1,527 Cr	₹1,658 Cr	₹1,391 Cr	+8.6%
EBIT	₹904 Cr	₹926 Cr	₹969 Cr	+2.5%
PBT	₹1,719 Cr	₹809 Cr	₹115 Cr	-53.0%
Tax	₹45 Cr	—	—	—
Net Profit	₹1,553 Cr	₹613 Cr	₹-156 Cr	-60.5%
EPS	₹22.99	₹8.53	₹-2.35	-62.9%
Material Cost	₹426 Cr	₹2,488 Cr	₹2,217 Cr	+484.1%
Employee Cost	₹125 Cr	₹209 Cr	₹220 Cr	+67.5%
Extraordinary Items	₹1,897 Cr	₹992 Cr	₹101 Cr	-47.7%

🏛️ Balance Sheet (latest 5 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026	% Chg
Equity Capital	302	302	357	391	391	-0.1%
Reserves	-2,923	-3,219	229	1,513	1,585	+4.7%
Borrowings	8,216	13,876	10,259	11,594	11,358	-2.0%
Other Liabilities	6,208	8,508	6,137	3,553	3,301	-7.1%
Total Liabilities	11,803	19,467	16,983	17,050	16,635	-2.4%
Fixed Assets	2,912	10,938	8,167	7,928	7,441	-6.1%
CWIP	0	358	505	454	534	+17.6%
Investments	2,111	650	365	936	1,552	+65.8%
Other Assets	6,779	7,521	7,946	7,732	7,108	-8.1%
Total Assets	11,803	19,467	16,983	17,050	16,635	-2.4%

📦 Working Capital (latest 1 periods)

Metric	Sep 2026	% Chg
Inventories	325	—
Trade Receivables	1,141	—
Trade Payables	1,087	—

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	1,230	1,690	2,833	1,260	-55.5%
Cash from Investing Activity	3,120	-902	-157	-809	-415.3%
Cash from Financing Activity	-3,840	-1,324	-2,417	-583	+75.9%
Net Cash Flow	510	-535	259	-132	-151.0%
Free Cash Flow	1,301	1,651	2,742	1,233	-55.0%
CFO/OP	310%	186%	185%	84%	-54.6%

💧 Half-year Cash Flow (latest 1 periods)

Metric	Sep 2026	% Chg
Cash from Operating Activity	855	—
Cash from Investing Activity	-138	—
Cash from Financing Activity	-771	—
Net Cash Flow	-54	—

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	36	125	98	59	-39.8%
Inventory Days	5	52	151	88	-41.7%
Days Payable	239	635	440	227	-48.4%
Cash Conversion Cycle	-198	-458	-192	-81	+57.8%
Working Capital Days	-259	-379	-18	43	+338.9%
ROCE %	19%	12%	13%	12%	-7.7%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	% Chg
Promoters	50.55%	50.56%	50.56%	46.28%	46.28%	46.53%	+0.5%
FIIs	4.76%	3.89%	3.76%	3.43%	16.01%	16.35%	+2.1%
DIIs	1.96%	1.77%	1.77%	5.22%	5.48%	5.58%	+1.8%
Public	42.70%	43.77%	43.91%	45.09%	32.23%	31.54%	-2.1%
No. of Shareholders	3,55,493	3,44,110	3,37,384	3,28,621	3,24,898	3,18,790	-1.9%

⚖️ Peer comparison

Industry: Engineering - Turnkey Services · top 25 of 36 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	ROE%	ROCE%	D/E	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	ORIANA Oriana Power	₹2,077.80	21,110	16.7	1,813	252	22.0%	13.9%	33.0%	40.0%	0.67	—	—	64.3%	18.2%
2	WABAG VA Tech	₹1,700.40	10,630	26.8	4,097	394	10.9%	9.6%	15.4%	21.0%	0.09	19.7%	25.5%	20.8%	36.9%
3	POWERMECH Power Mech	₹2,424.50	7,665	19.6	6,393	420	10.9%	6.6%	16.7%	22.0%	0.26	15.8%	18.4%	25.6%	10.3%
4	GMRP&UI GMR Power	₹93.16	7,276	—	7,106	-156	23.0%	-2.2%	-7.9%	12.0%	5.75	15.6%	-60.5%	-15.6%	-82.8%
5	ISGEC Isgec Heavy	₹837.65	6,159	49.4	7,458	243	8.3%	3.3%	8.9%	11.0%	0.35	6.1%	7.7%	47.7%	-70.2%
6	TRANSRAILL Transrail Lighting	₹412.65	5,540	13.4	6,908	413	12.0%	6.0%	17.8%	29.0%	0.30	28.7%	22.6%	4.7%	1.7%
7	IONEXCHANG ION Exchange	₹437.80	5,382	39.6	3,032	98	5.9%	3.2%	7.3%	14.0%	0.36	6.5%	-31.4%	20.1%	-93.7%
8	SWSOLAR Sterling and Wilson	₹163.18	3,811	15.7	7,155	213	4.9%	3.0%	29.5%	27.0%	1.31	19.8%	-237.8%	-12.6%	103.5%
9	EIEL Enviro Infra	₹194.87	3,421	19.2	1,264	191	22.4%	15.1%	15.5%	20.0%	0.34	8.3%	6.1%	49.1%	6.4%
10	ASHOKA Ashoka Buildcon	₹103.48	2,905	1.2	7,132	2,476	21.5%	34.7%	37.6%	27.0%	0.24	-25.1%	48.6%	-20.5%	-44.0%
11	RELINFRA Reliance Infrastructure	₹48.80	1,992	1.0	20,877	4,330	4.9%	20.7%	24.2%	15.0%	0.28	-11.0%	-25.1%	11749.6%	151.7%
12	BAJEL Bajel Projects	₹154.91	1,792	63.7	2,751	29	3.6%	1.0%	3.6%	10.0%	0.49	7.5%	69.5%	-6.7%	37.2%
13	BGRENERGY BGR Energy	₹231.86	1,673	—	226	-1,250	-255.9%	-551.8%	43.7%	-27.0%	-1.59	-33.8%	-32.8%	-82.2%	16.1%
14	KPEL K.P. Energy	₹230.44	1,562	8.5	1,797	182	18.5%	10.1%	34.7%	39.0%	0.84	59.4%	57.2%	136.7%	2.6%
15	MBECL Mcnally Bharat	₹421.66	1,406	0.4	73	3,655	-286.9%	5002.9%	641.2%	—	0.17	-30.5%	301.0%	0.3%	89.0%
16	GGBL Ganesh Green	₹481.90	1,195	15.9	1,067	75	10.7%	7.0%	26.6%	35.0%	0.19	—	—	298.4%	147.1%
17	SEPC SEPC	₹5.62	1,092	42.7	1,150	26	5.5%	2.3%	1.4%	5.0%	0.18	65.8%	116.6%	38.6%	-166.8%
18	ATMASTCO Atmastco	₹306.00	757	—	—	—	—	—	—	20.0%	0.71	—	—	-18.6%	61.9%
19	OMINFRAL OM INFRA	₹78.10	752	22.8	520	33	8.6%	6.3%	4.3%	5.0%	0.11	-29.8%	-42.8%	19.2%	1268.7%
20	MOLDTECH Mold-Tek Technologies	₹200.00	576	31.2	208	18	10.9%	8.9%	14.4%	11.0%	0.04	24.6%	-17.0%	78.9%	1215.1%
21	SUPREMEINF Supreme Infrastructure	₹53.50	522	0.1	81	6,138	2.5%	7554.0%	1789.4%	—	4.19	-4.0%	506.5%	201.5%	85.2%
22	WINSOL Winsol	₹378.85	437	30.5	136	14	17.7%	10.3%	21.8%	24.0%	1.06	—	—	1.8%	36.6%
23	GVKPIL GVK Power	₹2.33	368	—	—	-6	—	—	0.4%	-12.0%	-0.48	-90.0%	-331.4%	-100.0%	100.0%
24	K2INFRA K2 Infragen	₹275.00	347	26.1	185	13	12.4%	7.0%	14.4%	15.0%	1.17	—	—	-1.1%	-14.3%
25	KONSTELEC Konstelec Engineers	₹178.55	270	35.1	211	8	9.0%	3.8%	7.5%	11.0%	0.85	—	—	-2.8%	500.0%

❓ Frequently asked questions

What was GMR Power and Urban Infra Limited's revenue in Q2 FY27?

What was GMR Power and Urban Infra Limited's net profit in Q2 FY27?