G R Infraprojects Limited

BSE: 543317 NSE: GRINFRA
G R Infraprojects Limited - engineering in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L45201GJ1995PLC098652 Incorporated 22 December 1995 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: GRINFRA · BSE: 543317 Public Limited Company engineering
Data last updated
Revenue · FY 2026
₹8,398.62 Cr
▲ 13.58% YoY
Computed EBITDA · FY 2026
₹1,916.99 Cr
▼ 6.1% YoY
Net profit · FY 2026
₹902.58 Cr
▼ 11.11% YoY
Authorised capital
₹89 Cr
Registered with MCA
Paid-up capital
₹48.38 Cr
Issued & subscribed
Open charges
₹21,720 Cr
Satisfied ₹22,189 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
16,542
Latest available

About G R Infraprojects Limited

Data last updated: 13 July 2026

G R Infraprojects Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 22 December 1995, the company has been in operation for over 31 years.

Registered with ROC Ahmedabad under CIN L45201GJ1995PLC098652. Listed on BSE: 543317 and NSE: GRINFRA.

Capital: an authorised share capital of ₹89 Cr and a paid-up capital of ₹48.38 Cr. Formerly known as G.R.Agarwal Builders and Developers Ltd. It is led by directors including Rajendra Kumar Jain and Vikas Agarwal.

Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Revenue Block No. 223 Old Survey No. 384/1 384/2 Paiki And 384/3 Khata No. 464 Kochariya, Ahmedabad, Gujarat, India – 382220.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹8,398.62 Cr, a growth of 13.58% compared to the previous year. The net worth stands at ₹9,391.06 Cr (up 10.44% YoY). Total assets are valued at ₹16,048 Cr (up 7.49% YoY).

The company has a workforce of approximately 16,542 employees as per the latest available data. Its group structure includes 24 subsidiaries.

The company is associated with 2 brands - Gril Road Marking, G R Infraprojects. As per MCA filings, the company has open charges of ₹21,720 Cr and satisfied charges of ₹22,189 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grinfra.com.

Company Details of G R Infraprojects Limited
CIN L45201GJ1995PLC098652
Registration Number 098652
Incorporation Date 22 December 1995
ROC Ahmedabad
Listing Status Listed (BSE: 543317, NSE: GRINFRA)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ajendra Kumar Agarwal Managing Director Vikas Agarwal Whole-Time Director Rajendra Kumar Jain Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    grinfra.com
  • Social Media
  • Registered Address
    Revenue Block No. 223 Old Survey No. 384/1 384/2 Paiki And 384/3 Khata No. 464 Kochariya, Ahmedabad, Gujarat, India – 382220
  • Industry
    Engineering, Metal Foundry & Fabrication Services
Company report
G R Infraprojects Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for G R Infraprojects Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of G R Infraprojects Limited

G R Infraprojects Limited has 5 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201GJ1995PLC098652, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L45201GJ1995PLC098652 Current
U45201RJ1995PLC011270 Previous
U45201GJ1995PLC098652 Previous
U40102RJ1995PLC011270 Previous
L45201RJ1995PLC011270 Previous
U01403RJ1995PLC011270 Previous

Associated Brands with G R Infraprojects Limited

G R Infraprojects Limited operates two associated brands: Gril Road Marking and G R Infraprojects. These brands represent G R Infraprojects Limited's diversified market presence and brand portfolio.

Brand Description Website
G R Infraprojects
EPC provider for infrastructure projects and manufacturer of related materials grinfra.com
Gril Road Marking
Road marking paint manufacturing and infrastructure services in India. grilroadmarking.com

Competitors & Alternatives of G R Infraprojects Limited

Brands and companies operating in the same space as G R Infraprojects Limited include Construction Partners, Transurban, IL&FS Transportation and 5 more.

Competitor Description Location Founded
Construction Partners Construction Partners Provider of construction services Dothan, United States, United States 2001
Transurban Transurban Road infrastructure development and management services are provided internationally. Melbourne, Australia, Australia 1995
IL&FS Transportation IL&FS Transportation Developer and operator of transportation infrastructure projects, including highways and tunnels Mumbai, India, India 2000
Hazoor Hazoor Road infrastructure development is managed by Hazoor. Mumbai, India, India 1992
Colas Colas Road infrastructure development services are provided worldwide. Paris, France, France 1929
SMEC SMEC Provider of road infrastructure development services Brisbane, Australia, Australia 1970
American Track American Track Railroad infrastructure development services are provided by American Track. Fort Worth, United States, United States 2021
FCC Construccion FCC Construccion Developer of highways infrastructure Madrid, Spain, Spain 1900

Business Activity of G R Infraprojects Limited

G R Infraprojects Limited operates primarily in the construction sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
Locked Construction Locked Roads, railways, Utility projects Locked
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Detailed business activity records for G R Infraprojects Limited

Activity codes and turnover contribution percentages require an active report plan.

  • Activity group codes
  • Detailed activity codes
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Auditor Details of G R Infraprojects Limited

G R Infraprojects Limited is audited by S R B C & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
S R B C & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) FY 2026 Declaration of unmodified opinion

Board of Directors of G R Infraprojects Limited

G R Infraprojects Limited is currently managed by 6 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Rajendra Kumar Jain
Also directs: Hp Adhesives Limited, G R Infraprojects Limited, Corporate Global Services Private Limited
Director 01 Apr 2021 5 Years 4 Months Current
Vikas Agarwal
Also directs: G R Infraprojects Limited, Goldendunes Homes Llp, Agra Gwalior Highway Private Limited and 3 more
Whole-Time Director 01 Apr 2021 5 Years 4 Months Current
Rajan Malhotra
Also directs: G R Infraprojects Limited, Sudhir Power Limited
Director 27 May 2022 4 Years 2 Months Current
Ajendra Kumar Agarwal
Also directs: G R Infraprojects Limited, Infra Fourmativ Private Limited, Gr Highways Investment Manager Private Limited
Managing Director 30 Sep 2006 19 Years 10 Months Current
Kalpana Gupta
Also directs: G R Infraprojects Limited
Director 30 Sep 2019 6 Years 10 Months Current
Ashwin Agarwal
Also directs: G R Infraprojects Limited, Sri Ganganagar Tulip Llp, Apex Buildsys Limited and 5 more
Additional Director 11 May 2026 0 Years 3 Months Current
View all directors

Financials of G R Infraprojects Limited FY 2026 filings available

G R Infraprojects Limited reported revenue of ₹8,398.62 Cr (up 13.58% YoY) for FY 2026.

Revenue · FY 2026
₹8,398.62 Cr ▲ 13.58%
Profit · FY 2026
₹902.58 Cr ▼ 11.11%
Computed EBITDA · FY 2026
₹1,916.99 Cr ▼ 6.1%
Revenue₹ Cr · Consolidated05,00010,000FY 2022: ₹8,458 Cr8,458FY 2022FY 2023: ₹9,482 Cr · +12.1% YoY9,482+12.1%FY 2023FY 2024: ₹8,980 Cr · -5.3% YoY8,980-5.3%FY 2024FY 2025: ₹7,395 Cr · -17.7% YoY7,395-17.7%FY 2025FY 2026: ₹8,399 Cr · +13.6% YoY8,399+13.6%FY 2026
Net Profit₹ Cr · Consolidated05001,0001,500FY 2022: ₹832 Cr832FY 2022FY 2023: ₹1,454 Cr · +74.8% YoY1,454+74.8%FY 2023FY 2024: ₹1,323 Cr · -9% YoY1,323-9%FY 2024FY 2025: ₹1,015 Cr · -23.2% YoY1,015-23.2%FY 2025FY 2026: ₹903 Cr · -11.1% YoY903-11.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,0003,000Q1'25: ₹2,030 Cr · -18.1% YoY2,030-18.1%Q1'25Q2'25: ₹1,394 Cr · -25.9% YoY1,394-25.9%Q2'25Q3'25: ₹1,695 Cr · -20.6% YoY1,695-20.6%Q3'25Q4'25: ₹2,276 Cr · -8.4% YoY2,276-8.4%Q4'25Q1'26: ₹1,988 Cr · -2.1% YoY1,988-2.1%Q1'26Q2'26: ₹1,602 Cr · +14.9% YoY1,602+14.9%Q2'26Q3'26: ₹2,308 Cr · +36.2% YoY2,308+36.2%Q3'26Q4'26: ₹2,500 Cr · +9.9% YoY2,500+9.9%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹8,398.62 Cr ₹7,394.7 Cr ₹8,980.15 Cr ₹9,481.51 Cr ₹8,458.35 Cr
Other Income ₹128.65 Cr ₹195.42 Cr ₹102.76 Cr ₹87.3 Cr ₹66.62 Cr
Total Income ₹8,527.27 Cr ₹7,590.12 Cr ₹9,082.91 Cr ₹9,568.81 Cr ₹8,524.97 Cr
Cost of Materials Consumed ₹422.01 Cr ₹302.51 Cr ₹285.59 Cr ₹231.85 Cr ₹315.07 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹17.94 Cr ₹2.17 Cr ₹59.81 Lakh -₹1.14 Cr -₹6.18 Cr
Employee Benefit Expense ₹603.71 Cr ₹604.34 Cr ₹665.42 Cr ₹647.71 Cr ₹586.89 Cr
Finance Costs ₹507.97 Cr ₹448.05 Cr ₹564.61 Cr ₹443.01 Cr ₹420.26 Cr
Depreciation & Amortisation ₹198.81 Cr ₹244.58 Cr ₹244.23 Cr ₹245.65 Cr ₹281.63 Cr
Other Expenses ₹5,602.5 Cr ₹4,639.62 Cr ₹5,899.78 Cr ₹6,049.4 Cr ₹5,827.13 Cr
Total Expenses ₹7,317.06 Cr ₹6,241.28 Cr ₹7,660.23 Cr ₹7,616.48 Cr ₹7,424.79 Cr
Profit Before Exceptional Items & Tax ₹1,210.21 Cr ₹1,348.85 Cr ₹1,422.67 Cr ₹1,952.34 Cr ₹1,100.17 Cr
Exceptional Items ₹47.47 Cr -₹12.26 Cr ₹306.28 Cr ₹0 -₹1.33 Cr
Profit Before Tax ₹1,257.68 Cr ₹1,336.59 Cr ₹1,728.95 Cr ₹1,952.34 Cr ₹1,098.84 Cr
Total Tax Expense ₹355.1 Cr ₹321.19 Cr ₹405.99 Cr ₹497.91 Cr ₹266.93 Cr
Net Profit ₹902.58 Cr ₹1,015.4 Cr ₹1,322.97 Cr ₹1,454.43 Cr ₹831.91 Cr
  attributable to Owners - - ₹0 - ₹831.91 Cr
  attributable to NCI - - ₹0 - ₹0
Other Comprehensive Income ₹1.91 Cr -₹2.68 Cr -₹4 Cr -₹15.99 Lakh -₹1.71 Cr
Total Comprehensive Income ₹904.49 Cr ₹1,012.71 Cr ₹1,318.96 Cr ₹1,454.27 Cr ₹830.2 Cr
EBITDA (computed) ₹1,916.99 Cr ₹2,041.47 Cr ₹2,231.51 Cr ₹2,641 Cr ₹1,802.06 Cr
Basic EPS ₹93.31 ₹104.88 ₹136.90 ₹150.42 ₹86.04
Diluted EPS ₹93.30 ₹104.81 ₹136.87 ₹150.42 ₹86.04
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹16,048 Cr ₹14,929 Cr ₹12,942 Cr ₹13,786 Cr
Non-current Assets ₹9,294.79 Cr ₹10,008 Cr ₹7,219.03 Cr ₹8,009.58 Cr
Current Assets ₹6,753.35 Cr ₹4,921.52 Cr ₹5,722.52 Cr ₹5,775.98 Cr
Property, Plant & Equipment ₹996.73 Cr ₹1,082.45 Cr ₹1,308.16 Cr ₹1,436.63 Cr
Inventories ₹986.23 Cr ₹538.01 Cr ₹767.65 Cr ₹884.3 Cr
Trade Receivables ₹744.94 Cr ₹224.72 Cr ₹307.87 Cr ₹461.58 Cr
Cash & Equivalents ₹983.48 Cr ₹659.49 Cr ₹533.87 Cr ₹211.2 Cr
Equity (Net Worth) ₹9,391.06 Cr ₹8,503.2 Cr ₹7,602.4 Cr ₹6,265.13 Cr
Equity Share Capital ₹48.38 Cr ₹48.37 Cr ₹48.34 Cr ₹48.34 Cr
Borrowings (Non-current) ₹4,588.33 Cr ₹4,558.08 Cr ₹3,245.64 Cr ₹4,895.96 Cr
Borrowings (Current) ₹257.08 Cr ₹408.09 Cr ₹557.12 Cr ₹783.02 Cr
Total Debt (computed) ₹4,845.41 Cr ₹4,966.16 Cr ₹3,802.76 Cr ₹5,678.98 Cr
Current Liabilities ₹1,907.8 Cr ₹1,699.65 Cr ₹1,929.26 Cr ₹2,218.62 Cr
Total Liabilities ₹6,657.07 Cr ₹6,426.13 Cr ₹5,339.16 Cr ₹7,520.43 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹2,811.48 Cr -₹2,031.59 Cr -₹1,592.4 Cr ₹184.41 Cr ₹148.01 Cr
Investing Cash Flow ₹1,622.84 Cr ₹432.74 Cr ₹794.81 Cr -₹556.73 Cr -₹257.14 Cr
Financing Cash Flow ₹1,522.91 Cr ₹1,724.47 Cr ₹1,120.27 Cr -₹20.34 Cr ₹329.26 Cr
Capital Expenditure ₹231.84 Cr ₹155.84 Cr ₹118.11 Cr ₹297.48 Cr ₹434.64 Cr
Free Cash Flow (computed) -₹3,043.32 Cr -₹2,187.43 Cr -₹1,710.51 Cr -₹113.07 Cr -₹286.63 Cr
Dividends Paid ₹32.48 Cr ₹120.93 Cr ₹0 ₹0 ₹0
Net Change in Cash ₹334.27 Cr ₹125.62 Cr ₹322.68 Cr -₹392.65 Cr ₹220.12 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹2,500.41 Cr ₹2,308.28 Cr ₹1,602.14 Cr ₹1,987.79 Cr ₹2,275.57 Cr ₹1,694.5 Cr ₹1,394.33 Cr ₹2,030.3 Cr ₹2,485.12 Cr ₹2,134.02 Cr ₹1,882.78 Cr ₹2,478.23 Cr
Other Income ₹30.26 Cr ₹34.86 Cr ₹24.01 Cr ₹39.52 Cr ₹50.27 Cr ₹102.88 Cr ₹21.27 Cr ₹21 Cr ₹30.44 Cr ₹24.61 Cr ₹26.41 Cr ₹21.3 Cr
Total Income ₹2,530.67 Cr ₹2,343.14 Cr ₹1,626.15 Cr ₹2,027.31 Cr ₹2,325.84 Cr ₹1,797.38 Cr ₹1,415.59 Cr ₹2,051.31 Cr ₹2,515.56 Cr ₹2,158.63 Cr ₹1,909.19 Cr ₹2,499.53 Cr
Cost of Materials Consumed ₹121.21 Cr ₹113.59 Cr ₹83.8 Cr ₹103.41 Cr ₹104.18 Cr ₹91.56 Cr ₹48.71 Cr ₹58.07 Cr ₹78.85 Cr ₹66.33 Cr ₹90.77 Cr ₹49.63 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹38.41 Lakh -₹12.21 Cr -₹3.04 Cr -₹3.07 Cr ₹92.71 Lakh ₹99.71 Lakh -₹13.14 Lakh ₹38.03 Lakh -₹7.49 Cr ₹7.98 Cr -₹3.62 Cr ₹3.73 Cr
Employee Benefit Expense ₹147.08 Cr ₹168.61 Cr ₹139.32 Cr ₹148.7 Cr ₹147.37 Cr ₹139.48 Cr ₹145.48 Cr ₹172.03 Cr ₹166.98 Cr ₹168.42 Cr ₹161.74 Cr ₹168.29 Cr
Finance Costs ₹112.28 Cr ₹153.36 Cr ₹125.6 Cr ₹116.73 Cr ₹120.63 Cr ₹112.58 Cr ₹112.33 Cr ₹102.51 Cr ₹128.49 Cr ₹154.87 Cr ₹144.64 Cr ₹136.61 Cr
Depreciation & Amortisation ₹46.57 Cr ₹49.01 Cr ₹50.92 Cr ₹52.32 Cr ₹57.16 Cr ₹61.1 Cr ₹63.07 Cr ₹63.24 Cr ₹61.22 Cr ₹61.03 Cr ₹61.74 Cr ₹60.24 Cr
Other Expenses ₹1,817.03 Cr ₹1,528.21 Cr ₹969.16 Cr ₹1,288.11 Cr ₹1,413.59 Cr ₹1,041.29 Cr ₹801.42 Cr ₹1,383.33 Cr ₹1,700.04 Cr ₹1,383.69 Cr ₹1,166.83 Cr ₹1,649.22 Cr
Total Expenses ₹2,244.55 Cr ₹2,000.57 Cr ₹1,365.76 Cr ₹1,706.18 Cr ₹1,843.85 Cr ₹1,447 Cr ₹1,170.87 Cr ₹1,779.56 Cr ₹2,128.09 Cr ₹1,842.32 Cr ₹1,622.1 Cr ₹2,067.73 Cr
Profit Before Exceptional Items & Tax ₹286.12 Cr ₹342.57 Cr ₹260.39 Cr ₹321.13 Cr ₹481.99 Cr ₹350.37 Cr ₹244.73 Cr ₹271.75 Cr ₹387.47 Cr ₹316.31 Cr ₹287.09 Cr ₹431.8 Cr
Exceptional Items ₹33.54 Cr ₹13.92 Cr ₹0 ₹0 ₹21.87 Cr ₹0 ₹15.27 Cr -₹49.41 Cr ₹306.28 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹319.66 Cr ₹356.49 Cr ₹260.39 Cr ₹321.13 Cr ₹503.87 Cr ₹350.37 Cr ₹260 Cr ₹222.34 Cr ₹693.75 Cr ₹316.31 Cr ₹287.09 Cr ₹431.8 Cr
Total Tax Expense ₹109.8 Cr ₹97.74 Cr ₹70.83 Cr ₹76.73 Cr ₹100.71 Cr ₹87.78 Cr ₹66.43 Cr ₹66.27 Cr ₹140.66 Cr ₹73.43 Cr ₹69.93 Cr ₹121.96 Cr
Net Profit ₹209.86 Cr ₹258.75 Cr ₹189.56 Cr ₹244.41 Cr ₹403.16 Cr ₹262.59 Cr ₹193.57 Cr ₹156.08 Cr ₹553.09 Cr ₹242.88 Cr ₹217.16 Cr ₹309.84 Cr
  attributable to Owners - - ₹192.62 Cr ₹244.06 Cr - - - ₹155.45 Cr ₹0 ₹242.72 Cr - ₹309.84 Cr
  attributable to NCI - - -₹3.05 Cr ₹35.01 Lakh - - - ₹62.34 Lakh ₹0 ₹15.77 Lakh - ₹0
Other Comprehensive Income ₹4.19 Cr -₹1 Cr -₹76.76 Lakh -₹51.29 Lakh ₹51.46 Lakh -₹1.37 Cr -₹1.06 Cr -₹76.63 Lakh -₹4.35 Cr ₹7.2 Lakh ₹5.86 Lakh ₹21.42 Lakh
Total Comprehensive Income ₹214.05 Cr ₹257.75 Cr ₹188.8 Cr ₹243.89 Cr ₹403.67 Cr ₹261.22 Cr ₹192.51 Cr ₹155.31 Cr ₹548.74 Cr ₹242.95 Cr ₹217.22 Cr ₹310.06 Cr
EBITDA (computed) ₹444.96 Cr ₹544.94 Cr ₹436.91 Cr ₹490.18 Cr ₹659.78 Cr ₹524.06 Cr ₹420.13 Cr ₹437.5 Cr ₹577.18 Cr ₹532.21 Cr ₹493.47 Cr ₹628.66 Cr
Basic EPS ₹21.39 ₹26.79 ₹19.91 ₹25.23 ₹41.75 ₹27.06 ₹19.99 ₹16.08 ₹57.29 ₹25.10 ₹22.46 ₹32.05
Diluted EPS ₹21.39 ₹26.78 ₹19.90 ₹25.22 ₹41.72 ₹27.04 ₹19.97 ₹16.06 ₹57.28 ₹25.10 ₹22.46 ₹32.05
Latest 12 quarters shown of 20 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Engineering, Procurement and Construction (EPC) ₹812.67 Cr ₹83.22 Cr ₹1,835.53 Cr ₹616.56 Cr
Build, Operate and Transfer (BOT)/ Annuity Projects ₹1,517.58 Cr ₹291.8 Cr ₹9,871.11 Cr ₹5,556.29 Cr
Others ₹170.16 Cr ₹15.54 Cr ₹531.79 Cr ₹86.46 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Engineering, Procurement and Construction (EPC) ₹2,324.84 Cr ₹293.19 Cr - -
Build, Operate and Transfer (BOT)/ Annuity Projects ₹5,476.09 Cr ₹1,181.4 Cr - -
Others ₹597.68 Cr ₹108.73 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹7,620.22 Cr ₹6,515.57 Cr ₹7,787.96 Cr ₹8,147.59 Cr ₹7,919.18 Cr
Other Income ₹461.05 Cr ₹500.34 Cr ₹225.29 Cr ₹180.9 Cr ₹132.4 Cr
Total Income ₹8,081.26 Cr ₹7,015.91 Cr ₹8,013.25 Cr ₹8,328.49 Cr ₹8,051.58 Cr
Cost of Materials Consumed ₹422.01 Cr ₹302.51 Cr ₹285.59 Cr ₹231.85 Cr ₹315.07 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹17.94 Cr ₹2.17 Cr ₹59.81 Lakh -₹1.14 Cr -₹6.18 Cr
Employee Benefit Expense ₹604.54 Cr ₹605.34 Cr ₹664.39 Cr ₹647.25 Cr ₹586.42 Cr
Finance Costs ₹43.24 Cr ₹85.69 Cr ₹103.81 Cr ₹102.22 Cr ₹126.87 Cr
Depreciation & Amortisation ₹198.36 Cr ₹244.83 Cr ₹244.23 Cr ₹245.65 Cr ₹281.63 Cr
Other Expenses ₹5,781.28 Cr ₹4,701.01 Cr ₹5,701.93 Cr ₹5,956.54 Cr ₹5,742.82 Cr
Total Expenses ₹7,031.49 Cr ₹5,941.56 Cr ₹7,000.55 Cr ₹7,182.37 Cr ₹7,046.62 Cr
Profit Before Exceptional Items & Tax ₹1,049.78 Cr ₹1,074.35 Cr ₹1,012.7 Cr ₹1,146.12 Cr ₹1,004.96 Cr
Exceptional Items ₹253.15 Cr ₹23.57 Cr ₹1,380.27 Cr ₹0 -₹3.08 Cr
Profit Before Tax ₹1,302.93 Cr ₹1,097.92 Cr ₹2,392.97 Cr ₹1,146.12 Cr ₹1,001.88 Cr
Total Tax Expense ₹306.87 Cr ₹291.32 Cr ₹415.54 Cr ₹294.35 Cr ₹241.06 Cr
Net Profit ₹996.06 Cr ₹806.61 Cr ₹1,977.43 Cr ₹851.77 Cr ₹760.82 Cr
Other Comprehensive Income ₹1.84 Cr -₹2.68 Cr -₹4 Cr -₹15.99 Lakh -₹1.69 Cr
Total Comprehensive Income ₹997.89 Cr ₹803.92 Cr ₹1,973.43 Cr ₹851.61 Cr ₹759.13 Cr
EBITDA (computed) ₹1,291.37 Cr ₹1,404.87 Cr ₹1,360.74 Cr ₹1,493.99 Cr ₹1,413.46 Cr
Basic EPS ₹102.95 ₹83.40 ₹204.51 ₹88.09 ₹78.69
Diluted EPS ₹102.93 ₹83.35 ₹204.47 ₹88.09 ₹78.69
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹10,974 Cr ₹9,800.02 Cr ₹9,394.51 Cr ₹7,756.37 Cr
Non-current Assets ₹5,437.6 Cr ₹5,376.27 Cr ₹5,221.61 Cr ₹2,568.11 Cr
Current Assets ₹5,536.81 Cr ₹4,423.75 Cr ₹4,172.9 Cr ₹4,233.46 Cr
Property, Plant & Equipment ₹948.87 Cr ₹1,069.36 Cr ₹1,308.16 Cr ₹1,436.63 Cr
Inventories ₹739.03 Cr ₹538.01 Cr ₹767.65 Cr ₹884.3 Cr
Trade Receivables ₹2,372.32 Cr ₹1,842.17 Cr ₹1,722.82 Cr ₹1,880.55 Cr
Cash & Equivalents ₹656.28 Cr ₹433.55 Cr ₹259.4 Cr ₹100.98 Cr
Equity (Net Worth) ₹8,869 Cr ₹7,887.74 Cr ₹7,195.72 Cr ₹5,215.16 Cr
Equity Share Capital ₹48.38 Cr ₹48.37 Cr ₹48.34 Cr ₹48.34 Cr
Borrowings (Non-current) ₹222.59 Cr ₹362.9 Cr ₹352.46 Cr ₹649.66 Cr
Borrowings (Current) ₹11.86 Cr ₹149.44 Cr ₹386.47 Cr ₹426.22 Cr
Total Debt (computed) ₹234.45 Cr ₹512.34 Cr ₹738.93 Cr ₹1,075.88 Cr
Current Liabilities ₹1,677.71 Cr ₹1,343.78 Cr ₹1,639.08 Cr ₹1,813.84 Cr
Total Liabilities ₹2,105.42 Cr ₹1,912.28 Cr ₹2,198.79 Cr ₹2,541.21 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹18.93 Cr ₹868.19 Cr ₹847.52 Cr ₹764.36 Cr ₹560.58 Cr
Investing Cash Flow ₹563.81 Cr -₹256.61 Cr -₹264.79 Cr -₹645.52 Cr -₹237.28 Cr
Financing Cash Flow -₹349.73 Cr -₹437.44 Cr -₹424.31 Cr -₹126.44 Cr -₹380.68 Cr
Capital Expenditure ₹125.51 Cr ₹133.03 Cr ₹118.11 Cr ₹297.48 Cr ₹434.64 Cr
Free Cash Flow (computed) -₹106.58 Cr ₹735.17 Cr ₹729.41 Cr ₹466.88 Cr ₹125.94 Cr
Dividends Paid ₹32.48 Cr ₹120.93 Cr ₹0 ₹0 ₹0
Net Change in Cash ₹233 Cr ₹174.15 Cr ₹158.41 Cr -₹7.6 Cr -₹57.38 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹2,520.9 Cr ₹2,039.49 Cr ₹1,233.69 Cr ₹1,826.14 Cr ₹1,990.41 Cr ₹1,500.53 Cr ₹1,128.08 Cr ₹1,896.54 Cr ₹2,255.35 Cr ₹1,806.42 Cr ₹1,573.79 Cr ₹2,152.41 Cr
Other Income ₹98.8 Cr ₹127.63 Cr ₹118.35 Cr ₹116.26 Cr ₹138.89 Cr ₹122.23 Cr ₹131.08 Cr ₹108.14 Cr ₹55 Cr ₹57.78 Cr ₹61.4 Cr ₹51.11 Cr
Total Income ₹2,619.7 Cr ₹2,167.13 Cr ₹1,352.04 Cr ₹1,942.39 Cr ₹2,129.3 Cr ₹1,622.77 Cr ₹1,259.16 Cr ₹2,004.68 Cr ₹2,310.35 Cr ₹1,864.2 Cr ₹1,635.19 Cr ₹2,203.52 Cr
Cost of Materials Consumed ₹121.21 Cr ₹113.59 Cr ₹83.8 Cr ₹103.41 Cr ₹104.18 Cr ₹91.56 Cr ₹48.71 Cr ₹58.07 Cr ₹78.85 Cr ₹66.33 Cr ₹90.77 Cr ₹49.63 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹38.41 Lakh -₹12.21 Cr -₹3.04 Cr -₹3.07 Cr ₹92.71 Lakh ₹99.71 Lakh -₹13.14 Lakh ₹38.03 Lakh -₹7.49 Cr ₹7.98 Cr -₹3.62 Cr ₹3.73 Cr
Employee Benefit Expense ₹146.59 Cr ₹169.24 Cr ₹139.51 Cr ₹149.2 Cr ₹147.93 Cr ₹139.71 Cr ₹145.79 Cr ₹171.91 Cr ₹166.56 Cr ₹168.2 Cr ₹161.53 Cr ₹168.12 Cr
Finance Costs ₹9.97 Cr ₹10.08 Cr ₹11.3 Cr ₹11.88 Cr ₹15.47 Cr ₹20.73 Cr ₹21.42 Cr ₹28.07 Cr ₹25 Cr ₹24.46 Cr ₹27.74 Cr ₹26.61 Cr
Depreciation & Amortisation ₹45.74 Cr ₹49.14 Cr ₹51.05 Cr ₹52.43 Cr ₹57.25 Cr ₹61.19 Cr ₹63.15 Cr ₹63.24 Cr ₹61.22 Cr ₹61.03 Cr ₹61.74 Cr ₹60.24 Cr
Other Expenses ₹1,979.28 Cr ₹1,563.44 Cr ₹893 Cr ₹1,345.55 Cr ₹1,388.92 Cr ₹1,075.95 Cr ₹816.57 Cr ₹1,419.56 Cr ₹1,618.4 Cr ₹1,335.9 Cr ₹1,131.41 Cr ₹1,616.23 Cr
Total Expenses ₹2,303.19 Cr ₹1,893.29 Cr ₹1,175.62 Cr ₹1,659.39 Cr ₹1,714.68 Cr ₹1,390.14 Cr ₹1,095.5 Cr ₹1,741.24 Cr ₹1,942.53 Cr ₹1,663.89 Cr ₹1,469.57 Cr ₹1,924.56 Cr
Profit Before Exceptional Items & Tax ₹316.52 Cr ₹273.84 Cr ₹176.42 Cr ₹283 Cr ₹414.61 Cr ₹232.63 Cr ₹163.67 Cr ₹263.44 Cr ₹367.82 Cr ₹200.3 Cr ₹165.62 Cr ₹278.97 Cr
Exceptional Items ₹212.05 Cr ₹41.1 Cr ₹0 ₹0 ₹37.37 Cr ₹0 ₹35.61 Cr -₹49.41 Cr ₹1,371.96 Cr ₹8.3 Cr ₹0 ₹0
Profit Before Tax ₹528.57 Cr ₹314.94 Cr ₹176.42 Cr ₹283 Cr ₹451.98 Cr ₹232.63 Cr ₹199.28 Cr ₹214.04 Cr ₹1,739.78 Cr ₹208.61 Cr ₹165.62 Cr ₹278.97 Cr
Total Tax Expense ₹111.3 Cr ₹82.79 Cr ₹45.58 Cr ₹67.2 Cr ₹80.75 Cr ₹64.04 Cr ₹84.46 Cr ₹62.08 Cr ₹249 Cr ₹53.22 Cr ₹42.35 Cr ₹70.97 Cr
Net Profit ₹417.27 Cr ₹232.15 Cr ₹130.84 Cr ₹215.8 Cr ₹371.24 Cr ₹168.59 Cr ₹114.82 Cr ₹151.96 Cr ₹1,490.78 Cr ₹155.39 Cr ₹123.27 Cr ₹207.99 Cr
Other Comprehensive Income ₹4.12 Cr -₹1 Cr -₹76.76 Lakh -₹51.29 Lakh ₹51.46 Lakh -₹1.37 Cr -₹1.06 Cr -₹76.63 Lakh -₹4.35 Cr ₹7.2 Lakh ₹5.86 Lakh ₹21.42 Lakh
Total Comprehensive Income ₹421.39 Cr ₹231.15 Cr ₹130.07 Cr ₹215.29 Cr ₹371.75 Cr ₹167.22 Cr ₹113.76 Cr ₹151.19 Cr ₹1,486.43 Cr ₹155.46 Cr ₹123.33 Cr ₹208.21 Cr
EBITDA (computed) ₹372.23 Cr ₹333.06 Cr ₹238.77 Cr ₹347.31 Cr ₹487.33 Cr ₹314.55 Cr ₹248.23 Cr ₹354.76 Cr ₹454.03 Cr ₹285.79 Cr ₹255.1 Cr ₹365.81 Cr
Basic EPS ₹43.13 ₹24.00 ₹13.52 ₹22.31 ₹38.37 ₹17.43 ₹11.87 ₹15.72 ₹154.18 ₹16.07 ₹12.75 ₹21.51
Diluted EPS ₹43.12 ₹23.99 ₹13.52 ₹22.30 ₹38.35 ₹17.42 ₹11.87 ₹15.70 ₹154.15 ₹16.07 ₹12.75 ₹21.51
Latest 12 quarters shown of 20 on record.
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Shareholding Pattern of G R Infraprojects Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.69%, foreign institutional investors hold 2.32%, domestic institutional investors hold 19.62%, retail and other public shareholders hold 3.38% of G R Infraprojects Limited. The company had 61,528 shareholders on record.

Promoters: 74.69%DII (Domestic Institutional): 19.62%FII (Foreign Institutional): 2.32%Retail & Others: 3.38%
Mar 2026
QUARTER
74.69% Promoters
19.62% DII (Domestic Institutional)
2.32% FII (Foreign Institutional)
3.38% Retail & Others
Promoter holding - history
Now 74.69% · Mar 2026High 86.54% · Jun 2021Low 74.69% · Sep 2025
73%76.8%80.5%84.3%88%Jun 2021Jun 2022Sep 2023Dec 2024Mar 2026Jun 2021: 86.54%Jul 2021: 86.54%Sep 2021: 86.54%Dec 2021: 86.54%Mar 2022: 86.54%Jun 2022: 86.54%Sep 2022: 79.74%Dec 2022: 79.74%Mar 2023: 79.74%Jun 2023: 79.74%Sep 2023: 79.74%Dec 2023: 79.74%Mar 2024: 74.74%Jun 2024: 74.74%Sep 2024: 74.71%Dec 2024: 74.70%Mar 2025: 74.70%Jun 2025: 74.70%Sep 2025: 74.69%Dec 2025: 74.69%Mar 2026: 74.69%86.54%74.69%74.69%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.69%74.69%74.69%74.70%74.70%74.70%
Public25.31%25.31%25.31%25.30%25.30%25.30%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Promoters74.69%74.70%74.74%79.74%86.54%
Public25.31%25.30%25.26%20.26%13.46%
Promoter change (YoY, %pts)-0.01-0.04-5.00-6.80-

Board & Governance of G R Infraprojects Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of G R Infraprojects Limited has 6 directors - 4 independent and 2 executive.

DirectorPositionOn board sinceListed boards
AJENDRA KUMAR AGARWAL Executive Director · MD 2006-04-01 1
DESH RAJ DOGRA Non-Executive - Independent Director 2021-05-12 5
KALPANA GUPTA Non-Executive - Independent Director 2019-09-30 1
RAJAN MALHOTRA Non-Executive - Independent Director 2022-05-27 1
RAJENDRA KUMAR JAIN Non-Executive - Independent Director 2021-04-01 2
VIKAS AGARWAL Executive Director 2021-04-01 1
Board Committees
CommitteeMembers
Audit Committee RAJENDRA KUMAR JAIN (Chairperson), KALPANA GUPTA, AJENDRA KUMAR AGARWAL
Nomination and remuneration committee RAJENDRA KUMAR JAIN (Chairperson), DESH RAJ DOGRA, KALPANA GUPTA
Stakeholders Relationship Committee KALPANA GUPTA (Chairperson), VIKAS AGARWAL, AJENDRA KUMAR AGARWAL
Risk Management Committee AJENDRA KUMAR AGARWAL (Chairperson), DESH RAJ DOGRA, ANKIT MAHESHWARI
Corporate Social Responsibility Committee AJENDRA KUMAR AGARWAL (Chairperson), VIKAS AGARWAL, RAJENDRA KUMAR JAIN
Environmental Social and Governance Committee RAJENDRA KUMAR JAIN (Chairperson), AJENDRA KUMAR AGARWAL, VIKAS AGARWAL
Finance Committee AJENDRA KUMAR AGARWAL (Chairperson), VIKAS AGARWAL

Group Structure of G R Infraprojects Limited

G R Infraprojects Limited has 24 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects G R Infraprojects Limited's business expansion strategy and organizational complexity.

24
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Rajgarh Transmission Limited U40106DL2020GOI364436 -
Porbandar Dwarka Expressway Private Limited U45200RJ2017PTC058283 -
Gr Akkalkot Solapur Highway Private Limited U45201RJ2018PTC061051 -
Gr Dwarka Devariya Highway Private Limited U45201RJ2019PTC064358 -
Gr Ena Kim Expressway Private Limited U45201RJ2020PTC070415 -
Gr Bilaspur Urga Highway Private Limited U45202RJ2021PTC073376 -

Showing major subsidiaries. Total: 24.

Charges & Borrowings of G R Infraprojects Limited

Open charges
₹21,720 Cr
Satisfied charges
₹22,189 Cr
Breakdown by lending institutions
Others₹21,444.49 Cr
Sbicap Trustee Company Limited₹275.40 Cr
Latest charge details
DateLenderAmountStatus
27 May 2026 Others ₹713.73 Cr Open
04 Mar 2026 Others ₹2,623.2 Cr Open
09 Dec 2025 Others ₹375.79 Cr Open
12 Nov 2025 Others ₹2,872.59 Cr Open
30 Aug 2025 Others ₹610 Cr Open

Total charge records: 237 View all charges

Employees and EPFO Compliance at G R Infraprojects Limited

G R Infraprojects Limited has a workforce of 16,542 employees as of Oct 04, 2024.

Employee count
16,542
Active EPFO establishments
1
Employee growth
-13.17%
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Employee and EPFO history for G R Infraprojects Limited

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GST Compliance of G R Infraprojects Limited

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Credit Ratings, Litigation & Regulatory Alerts for G R Infraprojects Limited

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MSME Payment Delays by G R Infraprojects Limited

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MSME payment history for G R Infraprojects Limited

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Subsidiaries & Group Companies of G R Infraprojects Limited

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Corporate group structure for G R Infraprojects Limited

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MCA Filings & Documents of G R Infraprojects Limited

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MCA filings and documents for G R Infraprojects Limited

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Recent Activity on G R Infraprojects Limited

Charges
27 May 2026
A charge with Others amounted to Rs. 713.73 Cr with Charge ID 101307182 was registered on 27 May 2026.
Charges
27 May 2026
A charge with Others of Rs. 374.25 Cr registered on 03 Feb 2024 with Charge ID 100866781 was modified on 27 May 2026.
Charges
22 May 2026
A charge registered on 25 Jul 2025 via Charge ID 101140743 with Others was fully satisfied on 22 May 2026.
Charges
21 May 2026
A charge registered on 05 Jun 2025 via Charge ID 101113000 with Others was fully satisfied on 21 May 2026.
Directors
11 May 2026
Ashwin Agarwal was appointed as a Additional Director on 11 May 2026 & has been associated with this company since 3 months 4 days.
Charges
04 Mar 2026
A charge with Others amounted to Rs. 2,623.20 Cr with Charge ID 101254003 was registered on 04 Mar 2026.

Recent News on G R Infraprojects Limited

Stocks that will see action today: March 19, 2025
19 Mar 2025 · Thehindubusinessline

Frequently Asked Questions about G R Infraprojects Limited

G R Infraprojects Limited is an active public limited company in the engineering sector based in Ahmedabad, Gujarat, India. It was incorporated on 22 December 1995 (31+ years old) and is registered under CIN L45201GJ1995PLC098652. Listed on BSE: 543317 and NSE: GRINFRA. The company has 16,542 employees.

G R Infraprojects Limited reported revenue of ₹8,398.62 Cr for FY 2026 (up 13.58% YoY) based on consolidated NSE filings.

The current directors of G R Infraprojects Limited are:

The primary industry of G R Infraprojects Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.

Yes. G R Infraprojects Limited is listed on both BSE (code: 543317) and NSE (symbol: GRINFRA).

G R Infraprojects Limited can be reached at the registered office: Revenue Block No. 223 Old Survey No. 3841 3842 Paiki And 3843 Khata No. 464 Kochariya, Ahmedabad, Gujarat, India – 382220, or through the website grinfra.com.

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