- Total income
- ₹7,835 Cr
- Profit
- ₹1,014 Cr
About G R Infraprojects
G R Infraprojects is a publicly listed company based in Udaipur (India) founded in 1995. G R Infraprojects has raised $17.47 million across 1 funding round from investors including IDFC Project Equity and Motilal Oswal Alternates. The company has 3,607 employees. Its chief executive, as recorded, is Vinod Agarwal. Its website grinfra.com draws about 17 thousand monthly visits. Its Indian entity G R Infraprojects Limited reported revenue of βΉ8,741 Cr. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Infrastructure and Hard Infrastructure. Its competitors include IL&FS Transportation and Hazoor; 1 of its 2 listed competitors has raised funding.
Company details
EPC provider for infrastructure projects and manufacturer of related materials. The company offers engineering, procurement, and construction services for roads, highways, bridges, airport runways, railways, metros, tunneling, hydro, power transmission, multi-modal logistic parks and optical fiber cables. It develops, operates, and maintains roads and highways on a Build Operate and Transfer (BOT) and Hybrid Annuity Model (HAM) basis. The company manufactures bitumen emulsions, GFRP rebar, thermoplastic paint, road signages, equipments, galvanized metal crash barriers and OHE barriers, OHE Mast, poles and solar mounted structures.
G R Infraprojects is ranked #324 on the Fortune India 500 (2025).
Recognitions & Rankings of G R Infraprojects
- Valuation
- ₹15,940 Cr
- Headquarters Udaipur, India
- Employees 3,607
- Stage Public
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Website grinfra.com
- Social LinkedIn X Facebook
- Legal Name G R Infraprojects Ltd.
- Market Cap₹7,863 Cr
GRINFRA · NSE
- Share Price₹806.05
-0.81% today
- Revenue₹8,399 Cr
FY 2025-26 · +13.6% YoY
- EBITDA₹1,622 Cr
Margin 19.3%
- Net Profit₹822 Cr
FY 2025-26 · -15.9% YoY
- P/E (TTM)7.3x
P/B 0.8x
- ROE10.1%
ROCE 12.7%
- Debt / Equity0.55
Interest cover 35.7x
- Total Equity Funding$17.47M (USD)
in 1 rounds
- Latest Funding Round$17.47M (USD), Series B
Mar 2011
- InvestorsIDFC Project Equity
& 1 more
- Employee Count3,607
Associated legal entities of G R Infraprojects
G R Infraprojects is associated with 13 registered companies on The Company Check; the primary company is G R Infraprojects Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| G R Infraprojects Limited Listed CIN L45201GJ1995PLC098652 | Active | 22 Dec 1995 | Ahmedabad, Gujarat | ₹8,741 Cr | 16,542 | 8 | View details |
| G. R. Infrastructure Private Limited CIN U45200MH2005PTC152633 | Active | 13 Apr 2005 | Mumbai, Maharashtra | ₹19.6 Cr | 149 | 2 | View details |
| Gr Galgalia Bahadurganj Highway Private Limited CIN U45500RJ2021PTC073975 | Active | 11 Mar 2021 | Udaipur, Rajasthan | ₹84.2 Cr | 2 | View details | |
| Gr Phagwara Expressway Limited CIN U45400RJ2016PLC056040 | Active | 21 Sep 2016 | Udaipur, Rajasthan, India | View details | |||
| Gr Sangli Solapur Highway Private Limited CIN U45309RJ2018PTC061049 | Active | 26 Apr 2018 | Udaipur, Rajasthan | ₹54.6 Cr | 3 | View details | |
| Gr Bahadurganj Araria Highway Private Limited CIN U45209RJ2021PTC073971 | Active | 11 Mar 2021 | Udaipur, Rajasthan | ₹56.7 Cr | 2 | View details | |
| Gr Gundugolanu Devarapalli Highwayprivate Limited CIN U45206RJ2018PTC060749 | Active | 28 Mar 2018 | Udaipur, Rajasthan, India | View details | |||
| Gr Shirsad Masvan Expressway Private Limited CIN U45203RJ2020PTC071737 | Active | 23 Oct 2020 | Udaipur, Rajasthan, India | View details | |||
| Gr Aligarh Kanpur Highway Private Limited CIN U45203RJ2020PTC068726 | Active | 24 Apr 2020 | Udaipur, Rajasthan, India | View details | |||
| Gr Ena Kim Expressway Private Limited CIN U45201RJ2020PTC070415 | Active | 20 Aug 2020 | Udaipur, Rajasthan, India | View details | |||
| G Infra Projects Limited CIN U45400TG2015PLC102010 | Active | 02 Dec 2015 | Khammam, Telangana, India | View details | |||
| Porbandar Dwarka Expressway Private Limited CIN U45200RJ2017PTC058283 | Active | 09 Jun 2017 | Udaipur, Rajasthan, India | View details | |||
| Gr Phagwara Expressway Private Limited CIN U45400RJ2016PTC056040 | Active | 21 Sep 2016 | Udaipur, Rajasthan | ₹136 Cr | 3 | View details |
Funding Insights of G R Infraprojects
G R Infraprojects has successfully raised a total of $17.47M through 1 strategic funding round. The most recent funding activity was a Series B round of $17.47 million completed in March 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $17.47M
- Total Rounds 1
- Last Round Series B β $17.47M
- First Round $17.47M
(Mar 2011)
- Investors Count 2
All 1 funding rounds of G R Infraprojects with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2011 | $17.47M | Series B | β | β |
2 investors in total: 2 institutional.
Investors in G R Infraprojects
G R Infraprojects has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include IDFC Project Equity and Motilal Oswal Alternates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Motilal Oswal Alternates is engaged in alternative investment management. | motilaloswalalt.com | Mumbai, India | ||
Operates as an infrastructure fund in India. | 2007 | idfcprojectequity.com | Mumbai, India |
Investor details for G R Infraprojects
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of G R Infraprojects Limited (G R Infraprojects)
G R Infraprojects Limited is the primary company behind G R Infraprojects. The boards of the 6 registered companies of G R Infraprojects currently have 13 directors; the longest-serving is Ramesh Doulatram Hariani, appointed in 2005. 57 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Doulatram Hariani DIN 00131240 | Managing Director | 13 Apr 2005 | 21 yrs 7 mo | G. R. Infrastructure Private Limited |
| Ajendra Kumar Agarwal DIN 01147897 | Managing Director | 30 Sep 2006 | 20 yrs 1 mo | G R Infraprojects Limited |
| Kalpana Gupta DIN 03554334 | Director | 30 Sep 2019 | 7 yrs 1 mo | G R Infraprojects Limited |
| Rajendra Kumar Jain DIN 00144095 | Director | 01 Apr 2021 | 5 yrs 7 mo | G R Infraprojects Limited |
| Vikas Agarwal DIN 03113689 | Whole-time director | 01 Apr 2021 | 5 yrs 7 mo | G R Infraprojects Limited |
| Gil Paul Ziegelbaur DIN 07710117 | Director | 14 Mar 2022 | 4 yrs 8 mo | G. R. Infrastructure Private Limited |
| Rajan Malhotra DIN 09613669 | Director | 27 May 2022 | 4 yrs 5 mo | G R Infraprojects Limited |
| Mohnish Dutta DIN 08893855 | Director | 01 Mar 2024 | 2 yrs 8 mo | Gr Sangli Solapur Highway Private Limited, Gr Galgalia Bahadurganj Highway Private Limited |
| Sainath Gorantla DIN 10426089 | Director | 02 Apr 2024 | 2 yrs 7 mo | Gr Phagwara Expressway Private Limited, Gr Sangli Solapur Highway Private Limited, Gr Bahadurganj Araria Highway Private Limited |
| Harshael Pratap Sawant DIN 10425489 | Director | 02 Apr 2024 | 2 yrs 7 mo | Gr Phagwara Expressway Private Limited |
| Sunil Chhikara DIN 10405926 | CEO | 15 May 2024 | 2 yrs 5 mo | Gr Phagwara Expressway Private Limited, Gr Galgalia Bahadurganj Highway Private Limited |
| Ashwin Agarwal DIN 09619055 | Whole-time director | 11 May 2026 | 6 mo | G R Infraprojects Limited |
| Tanvangi Jain DIN 11719270 | Director | 22 May 2026 | 5 mo | Gr Bahadurganj Araria Highway Private Limited |
People of G R Infraprojects
44 people are tracked at G R Infraprojects (15 in leadership, 29 in team); the tracked headcount is 3,607.
| Name | Role | Group |
|---|---|---|
| CEO & CSR | Leadership | |
Dr. Ajay Kumar Singhal | Sr. Vice President - Strategy, Tendering, And Contract Coordination | Leadership |
| Managing Director | Leadership | |
Siba Narayan Nayak | President (corporate Affairs And Development) | Leadership |
Prasanth Karunakaran | Vice President | Leadership |
| Wholetime Director | Leadership | |
Vikas Tyagi | General Manager- Human Resource & Administration | Leadership |
Harsha Chatterjee | Vice President - Design | Leadership |
Karthikeyan Subbnan | General Manager - HR Transformation | Leadership |
Naresh Kumar Pathak | Vice President - Information Technology And Chief Information Officer | Leadership |
Bharat B Aggarwal | Sr. Vice President, HR & Admn. / CHRO | Leadership |
Anirudh Kumar Jaswal | Business Unit Head - Ropeways Infrastructure | Leadership |
Amul Gupta | Assistant Vice President - Head Of Budgeting & Billing | Leadership |
Samarendra Mishra | Deputy General Manager | Leadership |
Santimoy Chattopadhyay | Senior Vice President & Group CPO | Leadership |
Mohammad Aabid Qureshi | Assistant Manager | Team |
Sandeep Dhiman | Manager Procurement | Team |
Gunjan Mathur | Talent Acquisition Lead | Team |
Sarthak Garg | Senior Procurement Manager | Team |
Anand Raghuwanshi | Deputy Manager | Team |
24 more people are available in the full profile.
Complete people profiles for G R Infraprojects
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of G R Infraprojects
G R Infraprojects is a publicly listed company on the NSE with ticker symbol GRINFRA in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Jul 2021
- Listed onBSE: 543317 · NSE: GRINFRA
- Listed entityG R Infraprojects Ltd.
- Exchange sectorIndustrial services
- ISININE201P01022
- Share price₹785.80 (-1.98% on the day) · 2026-10-14
- Market capitalisation₹7,755 Cr
- Price to earnings7.5
- EPS (diluted, trailing year)₹104.99
- Volume (last session)23,365
Financials of G R Infraprojects
Exchange-reported figures of G R Infraprojects Limited, the listed company behind G R Infraprojects (NSE: GRINFRA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 8,399 | 7,395 | 8,980 | 9,482 | 8,458 | 7,844 | 6,373 |
| Revenue growth | +13.6% | -17.7% | -5.3% | +12.1% | +7.8% | +23.1% | - |
| EBITDA | 1,622 | 1,587 | 2,122 | 2,554 | 1,734 | 1,850 | 1,587 |
| EBITDA margin | +19.3% | +21.5% | +23.6% | +26.9% | +20.5% | +23.6% | +24.9% |
| Profit before tax | 1,258 | 1,337 | 1,729 | 1,952 | 1,099 | 1,331 | 1,154 |
| Net profit | 822 | 977 | 1,080 | 1,446 | 832 | 957 | 799 |
| Net profit margin | +9.8% | +13.2% | +12.0% | +15.3% | +9.8% | +12.2% | +12.5% |
| EPS (βΉ) | 93.31 | 104.85 | 136.90 | 150.42 | 86.04 | 98.75 | 82.59 |
| Balance sheet | |||||||
| Total assets | 14,282 | 13,496 | 11,437 | 11,984 | 10,116 | 8,516 | 6,249 |
| Net worth | 9,380 | 8,492 | 7,592 | 6,265 | 4,811 | 3,981 | 3,027 |
| Total debt | 4,872 | 4,971 | 3,817 | 5,697 | 5,282 | 4,525 | 3,210 |
| Cash & bank | 1,212 | 896 | 740 | 779 | 1,095 | 831 | 948 |
| Net working capital | 4,833 | 3,303 | 4,351 | 4,292 | 3,826 | 2,759 | 2,627 |
| Cash flow | |||||||
| Cash from operations | (2,811) | (2,042) | (1,590) | (363) | 166 | (457) | (267) |
| Cash from investing | 1,623 | 422 | 793 | (8.85) | (257) | (735) | (144) |
| Cash from financing | 1,523 | 1,735 | 1,120 | (20.34) | 311 | 972 | 884 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,325 | 2,784 | 2,500 | 2,308 | 1,602 | 1,988 | 2,276 | 1,694 |
| Revenue growth (YoY) | +45.1% | +40.1% | +9.9% | +36.2% | +14.9% | -2.1% | - | - |
| Other income | 115 | 161 | 110 | 90.79 | 49.88 | 92.03 | 136 | 154 |
| EBITDA | 433 | 468 | 368 | 468 | 387 | 398 | 545 | 370 |
| EBITDA margin | +18.6% | +16.8% | +14.7% | +20.3% | +24.2% | +20.0% | +24.0% | +21.8% |
| Depreciation | 44.65 | 46.04 | 46.57 | 49.01 | 50.92 | 52.32 | 57.16 | 61.10 |
| Interest | 110 | 103 | 112 | 153 | 126 | 117 | 121 | 113 |
| Profit before tax | 394 | 480 | 320 | 356 | 260 | 321 | 504 | 350 |
| Tax | 103 | 122 | 110 | 97.74 | 70.83 | 76.72 | 101 | 87.78 |
| Net profit | 290 | 358 | 210 | 259 | 190 | 244 | 403 | 263 |
| EPS (βΉ) | 30.25 | 36.93 | 21.39 | 26.78 | 19.90 | 25.22 | 41.72 | 27.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,620 | 6,516 | 7,788 | 8,148 | 7,919 | 7,244 | 6,028 |
| Revenue growth | +17.0% | -16.3% | -4.4% | +2.9% | +9.3% | +20.2% | - |
| EBITDA | 830 | 855 | 1,135 | 1,313 | 1,278 | 1,310 | 1,242 |
| EBITDA margin | +10.9% | +13.1% | +14.6% | +16.1% | +16.1% | +18.1% | +20.6% |
| Profit before tax | 1,303 | 1,098 | 2,393 | 1,146 | 1,002 | 1,071 | 1,003 |
| Net profit | 607 | 703 | 828 | 844 | 762 | 783 | 687 |
| Net profit margin | +8.0% | +10.8% | +10.6% | +10.4% | +9.6% | +10.8% | +11.4% |
| EPS (βΉ) | 102.94 | 83.38 | 204.51 | 88.09 | 78.69 | 80.73 | 71.03 |
| Balance sheet | |||||||
| Total assets | 9,126 | 8,426 | 7,967 | 6,331 | 5,520 | 4,987 | 3,935 |
| Net worth | 8,869 | 7,888 | 7,196 | 5,215 | 4,364 | 3,604 | 2,827 |
| Total debt | 238 | 517 | 753 | 1,094 | 1,134 | 1,381 | 1,104 |
| Cash & bank | 667 | 585 | 411 | 242 | 445 | 542 | 840 |
| Net working capital | 3,628 | 2,920 | 2,925 | 2,852 | 2,582 | 2,187 | 1,941 |
| Cash flow | |||||||
| Cash from operations | 18.93 | 858 | 848 | 764 | 561 | 420 | 831 |
| Cash from investing | 564 | (267) | (265) | (646) | (237) | (925) | (319) |
| Cash from financing | (350) | (427) | (424) | (126) | (381) | 159 | (44.99) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,019 | 2,423 | 2,521 | 2,039 | 1,234 | 1,826 | 1,990 | 1,501 |
| Revenue growth (YoY) | +63.7% | +32.7% | +26.7% | +35.9% | +9.4% | -3.7% | - | - |
| Other income | 72.77 | 64.11 | 311 | 169 | 118 | 116 | 176 | 122 |
| Total expenses | 1,828 | 2,156 | 2,247 | 1,834 | 1,113 | 1,595 | 1,642 | 1,308 |
| EBITDA | 192 | 267 | 273 | 205 | 120 | 231 | 348 | 192 |
| EBITDA margin | +9.5% | +11.0% | +10.8% | +10.1% | +9.8% | +12.7% | +17.5% | +12.8% |
| Depreciation | 42.75 | 43.96 | 45.74 | 49.14 | 51.05 | 52.43 | 57.25 | 61.19 |
| Interest | 5.62 | 13.34 | 9.97 | 10.08 | 11.30 | 11.88 | 15.47 | 20.73 |
| Profit before tax | 216 | 274 | 529 | 315 | 176 | 283 | 452 | 233 |
| Tax | 54.95 | 70.32 | 111 | 82.78 | 45.58 | 67.20 | 80.75 | 64.04 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,325 | 2,784 | 2,500 | 2,308 | 1,602 | 1,988 | 2,276 | 1,694 |
| Revenue growth (YoY) | +45.1% | +40.1% | +9.9% | +36.2% | +14.9% | -2.1% | - | - |
| Other income | 115 | 161 | 110 | 90.79 | 49.88 | 92.03 | 136 | 154 |
| EBITDA | 433 | 468 | 368 | 468 | 387 | 398 | 545 | 370 |
| EBITDA margin | +18.6% | +16.8% | +14.7% | +20.3% | +24.2% | +20.0% | +24.0% | +21.8% |
| Depreciation | 44.65 | 46.04 | 46.57 | 49.01 | 50.92 | 52.32 | 57.16 | 61.10 |
| Interest | 110 | 103 | 112 | 153 | 126 | 117 | 121 | 113 |
| Profit before tax | 394 | 480 | 320 | 356 | 260 | 321 | 504 | 350 |
| Tax | 103 | 122 | 110 | 97.74 | 70.83 | 76.72 | 101 | 87.78 |
| Net profit | 290 | 358 | 210 | 259 | 190 | 244 | 403 | 263 |
| EPS (βΉ) | 30.25 | 36.93 | 21.39 | 26.78 | 19.90 | 25.22 | 41.72 | 27.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 8,399 | 7,395 | 8,980 | 9,482 | 8,458 | 7,844 | 6,373 |
| Revenue growth | +13.6% | -17.7% | -5.3% | +12.1% | +7.8% | +23.1% | - |
| Other income | 343 | 442 | 415 | 87.30 | 66.62 | 70.16 | 51.01 |
| Total expenses | 6,777 | 5,808 | 6,858 | 6,928 | 6,724 | 5,994 | 4,786 |
| Employee cost | 603 | 604 | 665 | 648 | 587 | 458 | 449 |
| EBITDA | 1,622 | 1,587 | 2,122 | 2,554 | 1,734 | 1,850 | 1,587 |
| EBITDA margin | +19.3% | +21.5% | +23.6% | +26.9% | +20.5% | +23.6% | +24.9% |
| Depreciation | 199 | 245 | 244 | 246 | 282 | 227 | 189 |
| Interest | 508 | 448 | 565 | 443 | 420 | 362 | 295 |
| Profit before tax | 1,258 | 1,337 | 1,729 | 1,952 | 1,099 | 1,331 | 1,154 |
| Tax | 355 | 321 | 406 | 498 | 267 | 376 | 353 |
| Net profit | 822 | 977 | 1,080 | 1,446 | 832 | 957 | 799 |
| Net profit margin | +9.8% | +13.2% | +12.0% | +15.3% | +9.8% | +12.2% | +12.5% |
| EPS (βΉ) | 93.31 | 104.85 | 136.90 | 150.42 | 86.04 | 98.75 | 82.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.38 | 48.37 | 48.34 | 48.34 | 48.34 | 48.34 | 48.48 |
| Reserves & surplus | 9,331 | 8,443 | 7,543 | 6,217 | 4,763 | 3,932 | 2,979 |
| Shareholders' funds (net worth) | 9,380 | 8,492 | 7,592 | 6,265 | 4,811 | 3,981 | 3,027 |
| Minority interest | 11.41 | 11.67 | 10.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4,611 | 4,470 | 3,173 | 4,796 | 4,665 | 3,973 | 3,020 |
| Unsecured loans | 261 | 501 | 644 | 900 | 617 | 552 | 189 |
| Total debt | 4,872 | 4,971 | 3,817 | 5,697 | 5,282 | 4,525 | 3,210 |
| Total liabilities | 14,282 | 13,496 | 11,437 | 11,984 | 10,116 | 8,516 | 6,249 |
| Assets | |||||||
| Gross block | 2,544 | 2,530 | 2,691 | 2,609 | 2,461 | 2,059 | 1,544 |
| Net block | 1,103 | 1,088 | 1,309 | 1,439 | 1,485 | 1,345 | 1,029 |
| Capital work in progress | 109 | 150 | 76.43 | 71.92 | 59.37 | 55.48 | 27.97 |
| Investments | 2,371 | 2,494 | 2,121 | 56.40 | 2.96 | 103 | 1.71 |
| Inventories | 986 | 538 | 768 | 884 | 1,022 | 1,058 | 769 |
| Sundry debtors | 745 | 225 | 308 | 432 | 556 | 492 | 301 |
| Cash & bank balances | 1,212 | 896 | 740 | 779 | 1,095 | 831 | 948 |
| Loans & advances | 3,533 | 2,933 | 3,902 | 3,602 | 2,503 | 1,764 | 2,055 |
| Total current assets | 6,477 | 4,591 | 5,718 | 5,697 | 5,175 | 4,145 | 4,073 |
| Total current liabilities | 1,643 | 1,288 | 1,367 | 1,405 | 1,350 | 1,386 | 1,447 |
| Net working capital | 4,833 | 3,303 | 4,351 | 4,292 | 3,826 | 2,759 | 2,627 |
| Total assets | 14,282 | 13,496 | 11,437 | 11,984 | 10,116 | 8,516 | 6,249 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 649 | 534 | 211 | 604 | 384 | 610 | 78.66 |
| Net cash from operating activities | (2,811) | (2,042) | (1,590) | (363) | 166 | (457) | (267) |
| Net cash from investing activities | 1,623 | 422 | 793 | (8.85) | (257) | (735) | (144) |
| Net cash from financing activities | 1,523 | 1,735 | 1,120 | (20.34) | 311 | 972 | 884 |
| Net change in cash | 334 | 115 | 323 | (393) | 220 | (220) | 473 |
| Closing cash | 1,212 | 896 | 740 | 779 | 1,095 | 831 | 948 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.6% | -17.7% | -5.3% | +12.1% | +7.8% | +23.1% | - |
| EBITDA growth | +2.2% | -25.2% | -16.9% | +47.3% | -6.3% | +16.6% | - |
| PBT growth | -5.9% | -22.7% | -11.4% | +77.7% | -17.5% | +15.3% | +14.5% |
| Net income growth | -15.9% | -9.5% | -25.3% | +73.9% | -13.1% | +19.8% | - |
| Revenue CAGR (3Y) | -4.0% | -4.4% | +4.6% | +14.2% | +17.0% | +35.1% | +24.9% |
| EBITDA CAGR (3Y) | -14.1% | -2.9% | +4.7% | +17.2% | +10.5% | +44.7% | +37.2% |
| Profitability & leverage | |||||||
| Net income margin | +10.8% | +13.7% | +14.7% | +15.3% | +9.8% | +12.2% | +12.6% |
| Return on capital employed | +12.7% | +14.3% | +16.9% | +21.7% | +16.3% | +22.9% | +27.3% |
| Return on net worth | +10.1% | +12.6% | +15.6% | +26.3% | +18.9% | +27.3% | +30.5% |
| Debt / equity | 0.55 | 0.55 | 0.69 | 0.99 | 1.12 | 1.10 | 1.02 |
| Long-term debt / equity | 0.51 | 0.49 | 0.59 | 0.85 | 0.92 | 0.91 | 0.83 |
| Interest cover | 35.70 | 33.38 | 30.06 | 19.19 | 28.93 | 22.29 | 21.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.31 | 2.83 | 3.39 | 3.74 | 3.74 | 4.35 | 4.54 |
| Inventory turnover | 11.02 | 11.33 | 10.87 | 9.95 | 8.13 | 8.59 | 9.22 |
| Debtors turnover | 17.32 | 27.77 | 24.29 | 19.21 | 16.15 | 19.79 | 15.10 |
| EPS (βΉ) | 93.31 | 104.85 | 136.90 | 150.42 | 86.04 | 98.75 | 82.59 |
| Dividend per share (βΉ) | 2.50 | 12.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 969.36 | 877.76 | 785.17 | 647.97 | 497.56 | 411.70 | 312.20 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,019 | 2,423 | 2,521 | 2,039 | 1,234 | 1,826 | 1,990 | 1,501 |
| Revenue growth (YoY) | +63.7% | +32.7% | +26.7% | +35.9% | +9.4% | -3.7% | - | - |
| Other income | 72.77 | 64.11 | 311 | 169 | 118 | 116 | 176 | 122 |
| Total expenses | 1,828 | 2,156 | 2,247 | 1,834 | 1,113 | 1,595 | 1,642 | 1,308 |
| EBITDA | 192 | 267 | 273 | 205 | 120 | 231 | 348 | 192 |
| EBITDA margin | +9.5% | +11.0% | +10.8% | +10.1% | +9.8% | +12.7% | +17.5% | +12.8% |
| Depreciation | 42.75 | 43.96 | 45.74 | 49.14 | 51.05 | 52.43 | 57.25 | 61.19 |
| Interest | 5.62 | 13.34 | 9.97 | 10.08 | 11.30 | 11.88 | 15.47 | 20.73 |
| Profit before tax | 216 | 274 | 529 | 315 | 176 | 283 | 452 | 233 |
| Tax | 54.95 | 70.32 | 111 | 82.78 | 45.58 | 67.20 | 80.75 | 64.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,620 | 6,516 | 7,788 | 8,148 | 7,919 | 7,244 | 6,028 |
| Revenue growth | +17.0% | -16.3% | -4.4% | +2.9% | +9.3% | +20.2% | - |
| Other income | 714 | 573 | 1,606 | 181 | 132 | 127 | 93.76 |
| Total expenses | 6,790 | 5,660 | 6,653 | 6,834 | 6,641 | 5,934 | 4,786 |
| Employee cost | 604 | 605 | 664 | 647 | 586 | 455 | 447 |
| EBITDA | 830 | 855 | 1,135 | 1,313 | 1,278 | 1,310 | 1,242 |
| EBITDA margin | +10.9% | +13.1% | +14.6% | +16.1% | +16.1% | +18.1% | +20.6% |
| Depreciation | 198 | 245 | 244 | 246 | 282 | 227 | 187 |
| Interest | 43.24 | 85.69 | 104 | 102 | 127 | 140 | 146 |
| Profit before tax | 1,303 | 1,098 | 2,393 | 1,146 | 1,002 | 1,071 | 1,003 |
| Tax | 307 | 291 | 416 | 294 | 241 | 291 | 314 |
| Net profit | 607 | 703 | 828 | 844 | 762 | 783 | 687 |
| Net profit margin | +8.0% | +10.8% | +10.6% | +10.4% | +9.6% | +10.8% | +11.4% |
| EPS (βΉ) | 102.94 | 83.38 | 204.51 | 88.09 | 78.69 | 80.73 | 71.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.38 | 48.37 | 48.34 | 48.34 | 48.34 | 48.34 | 48.48 |
| Reserves & surplus | 8,821 | 7,839 | 7,147 | 5,167 | 4,315 | 3,556 | 2,779 |
| Shareholders' funds (net worth) | 8,869 | 7,888 | 7,196 | 5,215 | 4,364 | 3,604 | 2,827 |
| Secured loans | 0.00 | 0.00 | 109 | 193 | 517 | 829 | 919 |
| Unsecured loans | 238 | 517 | 644 | 900 | 617 | 552 | 186 |
| Total debt | 238 | 517 | 753 | 1,094 | 1,134 | 1,381 | 1,104 |
| Total liabilities | 9,126 | 8,426 | 7,967 | 6,331 | 5,520 | 4,987 | 3,935 |
| Assets | |||||||
| Gross block | 2,472 | 2,517 | 2,690 | 2,608 | 2,460 | 2,059 | 1,529 |
| Net block | 1,033 | 1,075 | 1,309 | 1,438 | 1,485 | 1,345 | 1,032 |
| Capital work in progress | 29.51 | 137 | 74.32 | 71.92 | 59.37 | 55.48 | 27.97 |
| Investments | 3,310 | 2,993 | 2,588 | 86.22 | 324 | 364 | 255 |
| Inventories | 739 | 538 | 768 | 884 | 1,022 | 1,058 | 768 |
| Sundry debtors | 2,372 | 1,842 | 1,723 | 1,851 | 716 | 898 | 817 |
| Cash & bank balances | 667 | 585 | 411 | 242 | 445 | 542 | 840 |
| Loans & advances | 1,513 | 1,145 | 1,271 | 1,232 | 1,550 | 996 | 706 |
| Total current assets | 5,291 | 4,110 | 4,172 | 4,209 | 3,732 | 3,494 | 3,131 |
| Total current liabilities | 1,664 | 1,191 | 1,247 | 1,357 | 1,150 | 1,307 | 1,191 |
| Net working capital | 3,628 | 2,920 | 2,925 | 2,852 | 2,582 | 2,187 | 1,941 |
| Total assets | 9,126 | 8,426 | 7,967 | 6,331 | 5,520 | 4,987 | 3,935 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 423 | 259 | 101 | 109 | 166 | 512 | 46.00 |
| Net cash from operating activities | 18.93 | 858 | 848 | 764 | 561 | 420 | 831 |
| Net cash from investing activities | 564 | (267) | (265) | (646) | (237) | (925) | (319) |
| Net cash from financing activities | (350) | (427) | (424) | (126) | (381) | 159 | (44.99) |
| Net change in cash | 233 | 164 | 158 | (7.60) | (57.38) | (346) | 467 |
| Closing cash | 667 | 585 | 411 | 242 | 445 | 542 | 840 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.0% | -16.3% | -4.4% | +2.9% | +9.3% | +20.2% | - |
| EBITDA growth | -2.9% | -24.7% | -13.5% | +2.8% | -2.5% | +5.5% | - |
| PBT growth | +18.7% | -54.1% | +108.8% | +14.4% | -6.5% | +6.8% | +20.7% |
| Net income growth | -13.6% | -15.1% | -1.9% | +10.8% | -2.7% | +13.9% | - |
| Revenue CAGR (3Y) | -2.2% | -6.3% | +2.4% | +10.6% | +17.0% | +32.6% | +23.9% |
| EBITDA CAGR (3Y) | -14.2% | -12.5% | -4.7% | +1.9% | +8.3% | +32.4% | +31.9% |
| Profitability & leverage | |||||||
| Net income margin | +13.1% | +12.4% | +25.4% | +10.5% | +9.6% | +10.8% | +11.4% |
| Return on capital employed | +11.7% | +14.4% | +15.5% | +21.1% | +21.5% | +27.2% | +32.2% |
| Return on net worth | +7.3% | +10.7% | +13.3% | +17.8% | +19.1% | +24.3% | +27.7% |
| Debt / equity | 0.05 | 0.08 | 0.15 | 0.23 | 0.32 | 0.39 | 0.44 |
| Long-term debt / equity | 0.04 | 0.05 | 0.08 | 0.14 | 0.16 | 0.21 | 0.26 |
| Interest cover | 6.84 | 14.04 | 11.65 | 9.58 | 12.73 | 12.88 | 13.80 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.05 | 2.50 | 2.94 | 3.21 | 3.50 | 4.04 | 4.39 |
| Inventory turnover | 11.93 | 9.98 | 9.43 | 8.55 | 7.61 | 7.93 | 8.72 |
| Debtors turnover | 3.62 | 3.66 | 4.36 | 6.35 | 9.82 | 8.45 | 7.14 |
| EPS (βΉ) | 102.94 | 83.38 | 204.51 | 88.09 | 78.69 | 80.73 | 71.03 |
| Dividend per share (βΉ) | 2.50 | 12.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 916.59 | 815.35 | 744.21 | 539.37 | 451.30 | 372.78 | 291.56 |
Timeline of G R Infraprojects
3 dated milestones of G R Infraprojects across 26 years, from founding to its latest funding, stage changes and deals.
- Founded G R Infraprojects is founded.
- Funding First funding round of $17.5M.
- IPO Lists on the stock exchange (IPO).
Competitors of G R Infraprojects
G R Infraprojects has 2 listed competitors in our database, 1 of them funded. They include IL&FS Transportation and Hazoor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| itnlindia.com | 2000 | Mumbai, India | $21.52M | 151 | Developer and operator of transportation infrastructure projects, including highways and tunnels | |
| hazoormultiproject.com | 1992 | Mumbai, India | 97 | Road infrastructure development is managed by Hazoor. |
Detailed competitors of G R Infraprojects
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Web traffic of G R Infraprojects
The website of G R Infraprojects (grinfra.com) receives about 17.2K visits a month.
- Monthly visits17.2K
▲ 2% vs previous month
Websites whose visitors overlap most with G R Infraprojects. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kmcgroup.co.in | 100% | 1.4K | #11,262,237 | View details | |
| gvrinfra.com | 99% | View details | |||
constructionworld.in | constructionworld.in | 98% | #140,966 | β | |
jindalindia.com | jindalindia.com | 77% | #1,394,085 | β | |
| newsonprojects.com | 74% | #1,673,758 | View details | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 6 similar websites and full traffic analytics for G R Infraprojects
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- 6 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as G R Infraprojects (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
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Related news about G R Infraprojects
Complete news archive for G R Infraprojects
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Frequently Asked Questions about G R Infraprojects
G R Infraprojects was founded in 1995 and raised its 1st funding round 16 years after it was founded.
G R Infraprojects is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Vinod Agarwal is the CEO of G R Infraprojects, as recorded in our data.
G R Infraprojects is a funded company, having raised a total of $17.47M across 1 funding round to date. The company's 1st funding round was a Series B of $17.47M, raised on Mar 2011.
G R Infraprojects has 3,607 employees.
The primary company behind G R Infraprojects, G R Infraprojects Limited, reported revenue of βΉ8,741 Cr for FY 2026, up 14% year on year.
EPC provider for infrastructure projects and manufacturer of related materials. The company offers engineering, procurement, and construction services for roads, highways, bridges, airport runways, railways, metros, tunneling, hydro, power transmission, multi-modal logistic parks and optical fiber cables. It develops, operates, and maintains roads and highways on a Build Operate and Transfer (BOT) and Hybrid Annuity Model (HAM) basis. The company manufactures bitumen emulsions, GFRP rebar, thermoplastic paint, road signages, equipments, galvanized metal crash barriers and OHE barriers, OHE Mast, poles and solar mounted structures.
G R Infraprojects's top competitors include IL&FS Transportation and Hazoor.
Yes, G R Infraprojects is publicly traded on NSE under the ticker symbol GRINFRA.
G R Infraprojects has 2 investors. Key investors include IDFC Project Equity, and Motilal Oswal Alternates.
G R Infraprojects is associated with 6 legal entities: G R Infraprojects Limited, G. R. Infrastructure Private Limited, Gr Phagwara Expressway Private Limited and others.
The legal entities of G R Infraprojects currently have 16 directors, including Rajendra Kumar Jain, Anand Rathi, Vikas Agarwal and others.

