G R Infraprojects Limited

BSE: 543317 NSE: GRINFRA
G R Infraprojects Limited - engineering in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L45201GJ1995PLC098652 Incorporated 22 December 1995 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: GRINFRA · BSE: 543317 Public Limited Company engineering Fortune India 500 · #324
Data last updated
Market Cap
₹7,542 Cr
GRINFRA · NSE
Share Price
₹760.95
-2.37% 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)
8.0x
P/B 0.8x
ROE
10.1%
ROCE 12.7%
Debt / Equity
0.55
Interest cover 35.7x

About G R Infraprojects Limited

Data last updated:

G R Infraprojects Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 22 December 1995 and has been in existence for over 31 years.

G R Infraprojects is ranked #324 on the Fortune India 500 (2025). Its director Ajendra Kumar Agarwal and family are #1,608 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45201GJ1995PLC098652. Its GSTIN is 24AAACG5306N1ZO (Gujarat). The company holds 31 GST registrations, of which 23 are active. Its shares are listed on BSE: 543317 and NSE: GRINFRA.

The company has an authorised share capital of ₹89 Cr and a paid-up capital of ₹48.38 Cr. It was formerly known as G.R.Agarwal Builders and Developers Ltd. It is led by directors including Ajendra Kumar Agarwal (Managing Director) and Vikas Agarwal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 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 the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹8,398.62 Cr, a growth of 13.6% compared to the previous year. For the same year it recorded a net profit of ₹821.64 Cr (net margin 9.8%) and EBITDA of ₹1,621.67 Cr (EBITDA margin 19.3%). The net worth stands at ₹9,379.65 Cr (up 10.5% YoY). Total assets are valued at ₹14,282 Cr (up 5.8% YoY).

The company has about 16,542 employees on its provident fund (EPFO) records. Its group structure includes 24 subsidiaries.

The company is associated with 2 brands: Gril Road Marking and 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. Court records list 376 cases involving the company, including 116 filed by the company and 260 filed against it; 98 cases are pending. The company has 8 deals on record (6 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹80 Cr; the latest was in March 2025. The company has 20 MSME Form 1 returns on record between 2017 and 2023, listing 2,016 overdue payments to 534 micro and small suppliers.

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

CIN L45201GJ1995PLC098652
Registration Number 098652
Incorporation Date 22 December 1995
ROC Ahmedabad
Listing Status Listed - Listed on NSE (GRINFRA); Listed on BSE (543317)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

G R Infraprojects 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.

CINStatus
L45201GJ1995PLC098652Current
U45201RJ1995PLC011270Previous
U45201GJ1995PLC098652Previous
U40102RJ1995PLC011270Previous
L45201RJ1995PLC011270Previous
U01403RJ1995PLC011270Previous
Key People
Ajendra Kumar Agarwal Managing Director Vikas Agarwal Whole-Time Director Rajendra Kumar Jain Director

Recognitions & Rankings of G R Infraprojects

Fortune India 500 2025 edition
Rank#324
Total income
₹7,835 Cr
Profit
₹1,014 Cr
Last year #263
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#351
Valuation
₹15,940 Cr
2023 #356 2022 #287 2021 #207

Contact details

G R Infraprojects Limited's registered office is in Ahmedabad, Gujarat. Its website is grinfra.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • 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

To see the full contact details of G R Infraprojects Limited, buy the company report.

Comprehensive company report
G R Infraprojects Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

G R Infraprojects operates two associated brands: Gril Road Marking and G R Infraprojects. Each brand links to its own profile.

BrandDescriptionWebsite
G R Infraprojects
EPC provider for infrastructure projects and manufacturer of related materialsgrinfra.com
Gril Road Marking
Road marking paint manufacturing and infrastructure services in India.grilroadmarking.com

Financials of G R Infraprojects Limited

FY 2025-26 filings available

G R Infraprojects Limited reported revenue of ₹8,398.62 Cr (up 13.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹8,399 Cr
+13.6% YoY
EBITDA
₹1,622 Cr
+2.2% YoY
Profit After Tax
₹822 Cr
-15.9% YoY
Net Worth
₹9,380 Cr
+10.5% YoY
Total Assets
₹14,282 Cr
+5.8% YoY
Total Debt
₹4,872 Cr
-2.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,3997,3958,9809,4828,4587,8446,373
Revenue growth+13.6%-17.7%-5.3%+12.1%+7.8%+23.1%-
EBITDA1,6221,5872,1222,5541,7341,8501,587
EBITDA margin+19.3%+21.5%+23.6%+26.9%+20.5%+23.6%+24.9%
Profit before tax1,2581,3371,7291,9521,0991,3311,154
Net profit8229771,0801,446832957799
Net profit margin+9.8%+13.2%+12.0%+15.3%+9.8%+12.2%+12.5%
EPS (₹)93.31104.85136.90150.4286.0498.7582.59
Balance sheet
Total assets14,28213,49611,43711,98410,1168,5166,249
Net worth9,3808,4927,5926,2654,8113,9813,027
Total debt4,8724,9713,8175,6975,2824,5253,210
Cash & bank1,2128967407791,095831948
Net working capital4,8333,3034,3514,2923,8262,7592,627
Cash flow
Cash from operations(2,811)(2,042)(1,590)(363)166(457)(267)
Cash from investing1,623422793(8.85)(257)(735)(144)
Cash from financing1,5231,7351,120(20.34)311972884
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,7842,5002,3081,6021,9882,2761,6941,394
Revenue growth (YoY)+40.1%+9.9%+36.2%+14.9%-2.1%---
Other income16111090.7949.8892.0313615482.37
EBITDA468368468387398545370353
EBITDA margin+16.8%+14.7%+20.3%+24.2%+20.0%+24.0%+21.8%+25.3%
Depreciation46.0446.5749.0150.9252.3257.1661.1063.07
Interest103112153126117121113112
Profit before tax480320356260321504350260
Tax12211097.7470.8376.7210187.7866.43
Net profit358210259190244403263194
EPS (₹)36.9321.3926.7819.9025.2241.7227.0419.97
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue7,6206,5167,7888,1487,9197,2446,028
Revenue growth+17.0%-16.3%-4.4%+2.9%+9.3%+20.2%-
EBITDA8308551,1351,3131,2781,3101,242
EBITDA margin+10.9%+13.1%+14.6%+16.1%+16.1%+18.1%+20.6%
Profit before tax1,3031,0982,3931,1461,0021,0711,003
Net profit607703828844762783687
Net profit margin+8.0%+10.8%+10.6%+10.4%+9.6%+10.8%+11.4%
EPS (₹)102.9483.38204.5188.0978.6980.7371.03
Balance sheet
Total assets9,1268,4267,9676,3315,5204,9873,935
Net worth8,8697,8887,1965,2154,3643,6042,827
Total debt2385177531,0941,1341,3811,104
Cash & bank667585411242445542840
Net working capital3,6282,9202,9252,8522,5822,1871,941
Cash flow
Cash from operations18.93858848764561420831
Cash from investing564(267)(265)(646)(237)(925)(319)
Cash from financing(350)(427)(424)(126)(381)159(44.99)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,4232,5212,0391,2341,8261,9901,5011,128
Revenue growth (YoY)+32.7%+26.7%+35.9%+9.4%-3.7%---
Other income64.11311169118116176122167
Total expenses2,1562,2471,8341,1131,5951,6421,3081,011
EBITDA267273205120231348192117
EBITDA margin+11.0%+10.8%+10.1%+9.8%+12.7%+17.5%+12.8%+10.4%
Depreciation43.9645.7449.1451.0552.4357.2561.1963.15
Interest13.349.9710.0811.3011.8815.4720.7321.42
Profit before tax274529315176283452233199
Tax70.3211182.7845.5867.2080.7564.0484.45

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,7842,5002,3081,6021,9882,2761,6941,394
Revenue growth (YoY)+40.1%+9.9%+36.2%+14.9%-2.1%---
Other income16111090.7949.8892.0313615482.37
EBITDA468368468387398545370353
EBITDA margin+16.8%+14.7%+20.3%+24.2%+20.0%+24.0%+21.8%+25.3%
Depreciation46.0446.5749.0150.9252.3257.1661.1063.07
Interest103112153126117121113112
Profit before tax480320356260321504350260
Tax12211097.7470.8376.7210187.7866.43
Net profit358210259190244403263194
EPS (₹)36.9321.3926.7819.9025.2241.7227.0419.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,3997,3958,9809,4828,4587,8446,373
Revenue growth+13.6%-17.7%-5.3%+12.1%+7.8%+23.1%-
Other income34344241587.3066.6270.1651.01
Total expenses6,7775,8086,8586,9286,7245,9944,786
Employee cost603604665648587458449
EBITDA1,6221,5872,1222,5541,7341,8501,587
EBITDA margin+19.3%+21.5%+23.6%+26.9%+20.5%+23.6%+24.9%
Depreciation199245244246282227189
Interest508448565443420362295
Profit before tax1,2581,3371,7291,9521,0991,3311,154
Tax355321406498267376353
Net profit8229771,0801,446832957799
Net profit margin+9.8%+13.2%+12.0%+15.3%+9.8%+12.2%+12.5%
EPS (₹)93.31104.85136.90150.4286.0498.7582.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.3848.3748.3448.3448.3448.3448.48
Reserves & surplus9,3318,4437,5436,2174,7633,9322,979
Shareholders' funds (net worth)9,3808,4927,5926,2654,8113,9813,027
Minority interest11.4111.6710.610.000.000.000.00
Secured loans4,6114,4703,1734,7964,6653,9733,020
Unsecured loans261501644900617552189
Total debt4,8724,9713,8175,6975,2824,5253,210
Total liabilities14,28213,49611,43711,98410,1168,5166,249
Assets
Gross block2,5442,5302,6912,6092,4612,0591,544
Net block1,1031,0881,3091,4391,4851,3451,029
Capital work in progress10915076.4371.9259.3755.4827.97
Investments2,3712,4942,12156.402.961031.71
Inventories9865387688841,0221,058769
Sundry debtors745225308432556492301
Cash & bank balances1,2128967407791,095831948
Loans & advances3,5332,9333,9023,6022,5031,7642,055
Total current assets6,4774,5915,7185,6975,1754,1454,073
Total current liabilities1,6431,2881,3671,4051,3501,3861,447
Net working capital4,8333,3034,3514,2923,8262,7592,627
Total assets14,28213,49611,43711,98410,1168,5166,249
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash64953421160438461078.66
Net cash from operating activities(2,811)(2,042)(1,590)(363)166(457)(267)
Net cash from investing activities1,623422793(8.85)(257)(735)(144)
Net cash from financing activities1,5231,7351,120(20.34)311972884
Net change in cash334115323(393)220(220)473
Closing cash1,2128967407791,095831948
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.550.550.690.991.121.101.02
Long-term debt / equity0.510.490.590.850.920.910.83
Interest cover35.7033.3830.0619.1928.9322.2921.10
Efficiency & per share
Fixed asset turnover3.312.833.393.743.744.354.54
Inventory turnover11.0211.3310.879.958.138.599.22
Debtors turnover17.3227.7724.2919.2116.1519.7915.10
EPS (₹)93.31104.85136.90150.4286.0498.7582.59
Dividend per share (₹)2.5012.500.000.000.000.000.00
Book value per share (₹)969.36877.76785.17647.97497.56411.70312.20
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,4232,5212,0391,2341,8261,9901,5011,128
Revenue growth (YoY)+32.7%+26.7%+35.9%+9.4%-3.7%---
Other income64.11311169118116176122167
Total expenses2,1562,2471,8341,1131,5951,6421,3081,011
EBITDA267273205120231348192117
EBITDA margin+11.0%+10.8%+10.1%+9.8%+12.7%+17.5%+12.8%+10.4%
Depreciation43.9645.7449.1451.0552.4357.2561.1963.15
Interest13.349.9710.0811.3011.8815.4720.7321.42
Profit before tax274529315176283452233199
Tax70.3211182.7845.5867.2080.7564.0484.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue7,6206,5167,7888,1487,9197,2446,028
Revenue growth+17.0%-16.3%-4.4%+2.9%+9.3%+20.2%-
Other income7145731,60618113212793.76
Total expenses6,7905,6606,6536,8346,6415,9344,786
Employee cost604605664647586455447
EBITDA8308551,1351,3131,2781,3101,242
EBITDA margin+10.9%+13.1%+14.6%+16.1%+16.1%+18.1%+20.6%
Depreciation198245244246282227187
Interest43.2485.69104102127140146
Profit before tax1,3031,0982,3931,1461,0021,0711,003
Tax307291416294241291314
Net profit607703828844762783687
Net profit margin+8.0%+10.8%+10.6%+10.4%+9.6%+10.8%+11.4%
EPS (₹)102.9483.38204.5188.0978.6980.7371.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.3848.3748.3448.3448.3448.3448.48
Reserves & surplus8,8217,8397,1475,1674,3153,5562,779
Shareholders' funds (net worth)8,8697,8887,1965,2154,3643,6042,827
Secured loans0.000.00109193517829919
Unsecured loans238517644900617552186
Total debt2385177531,0941,1341,3811,104
Total liabilities9,1268,4267,9676,3315,5204,9873,935
Assets
Gross block2,4722,5172,6902,6082,4602,0591,529
Net block1,0331,0751,3091,4381,4851,3451,032
Capital work in progress29.5113774.3271.9259.3755.4827.97
Investments3,3102,9932,58886.22324364255
Inventories7395387688841,0221,058768
Sundry debtors2,3721,8421,7231,851716898817
Cash & bank balances667585411242445542840
Loans & advances1,5131,1451,2711,2321,550996706
Total current assets5,2914,1104,1724,2093,7323,4943,131
Total current liabilities1,6641,1911,2471,3571,1501,3071,191
Net working capital3,6282,9202,9252,8522,5822,1871,941
Total assets9,1268,4267,9676,3315,5204,9873,935
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash42325910110916651246.00
Net cash from operating activities18.93858848764561420831
Net cash from investing activities564(267)(265)(646)(237)(925)(319)
Net cash from financing activities(350)(427)(424)(126)(381)159(44.99)
Net change in cash233164158(7.60)(57.38)(346)467
Closing cash667585411242445542840
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.050.080.150.230.320.390.44
Long-term debt / equity0.040.050.080.140.160.210.26
Interest cover6.8414.0411.659.5812.7312.8813.80
Efficiency & per share
Fixed asset turnover3.052.502.943.213.504.044.39
Inventory turnover11.939.989.438.557.617.938.72
Debtors turnover3.623.664.366.359.828.457.14
EPS (₹)102.9483.38204.5188.0978.6980.7371.03
Dividend per share (₹)2.5012.500.000.000.000.000.00
Book value per share (₹)916.59815.35744.21539.37451.30372.78291.56

To see the full year-wise statements and ratios of G R Infraprojects Limited, buy the company report.

Board of directors of G R Infraprojects Limited

G R Infraprojects has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Kumar Jain
Also directs: HP Adhesives Limited, Corporate Global Services Private Limited
Director01 Apr 20215 Years 6 MonthsCurrent
Vikas Agarwal
Also directs: Goldendunes Homes LLP, Agra Gwalior Highway Private Limited, GR Hasapur Badadal Highway Private Limited and 3 more
Whole-Time Director01 Apr 20215 Years 6 MonthsCurrent
Rajan Malhotra
Also directs: Sudhir Power Limited
Director27 May 20224 Years 4 MonthsCurrent
Ajendra Kumar Agarwal
Also directs: Infra Fourmativ Private Limited, GR Highways Investment Manager Private Limited
Managing Director30 Sep 200620 Years 0 MonthsCurrent
Kalpana GuptaDirector30 Sep 20197 Years 0 MonthsCurrent
Ashwin Agarwal
Also directs: Sri Ganganagar Tulip LLP, Apex Buildsys Limited, Rajgarh Transmission Limited and 5 more
Additional Director11 May 20260 Years 5 MonthsCurrent
View all directors

Auditor

G R Infraprojects Limited is audited by S R B C & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2023324982E/E300003

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.70%, foreign institutional investors hold 2.50%, domestic institutional investors hold 19.40% and retail and other public shareholders hold 3.40%.

Promoters: 74.70%DII (Domestic Institutional): 19.40%FII (Foreign Institutional): 2.50%Retail & Others: 3.40%
Sep 2026
QUARTER
74.70% Promoters
19.40% DII (Domestic Institutional)
2.50% FII (Foreign Institutional)
3.40% Retail & Others
Promoter holding - history
Now 74.70% · Sep 2026High 74.70% · Dec 2025Low 74.70% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.70%Mar 2026: 74.70%Jun 2026: 74.70%Sep 2026: 74.70%74.70%74.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.70%74.70%74.70%74.70%
Public25.30%25.30%25.30%25.30%

Charges & borrowings

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
DateCharge IDLenderAmountStatusModified or satisfied on
27 May 2026101307182Others₹713.73 CrOpen
04 Mar 2026101254003Others₹2,623.2 CrOpen
09 Dec 2025101217415Others₹375.79 CrOpen
12 Nov 2025101189029Others₹2,872.59 CrOpen
30 Aug 2025101159329Others₹610 CrOpen

To see the full charge records of G R Infraprojects Limited, buy the company report.

Total charge records: 237 View all charges

Deals & funding

G R Infraprojects Limited has 8 deals on record (6 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹80 Cr; the latest was in March 2025.

Total deals
8
Market trades
6
Funding round
1
IPO
1
Disclosed funding
₹80 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2025Market trade₹100.62 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Mar 2024Market trade₹566.12 CrBuyer: Sbi Mutual Fund
Seller: 4 individuals
Jul 2021Market trade₹172.56 CrBuyer: NK Securities Research Private Limited , an individual
Seller: NK Securities Research Private Limited
Jul 2021IPO₹963.28 CrInvestors: Smallcap World Fund Inc, Abu Dhabi Investment Authority, Allianz Global Investors Fund
Seller: Motilal Oswal Private Equity, Lokesh Builders Private Limited , Jasamrit Premises Private Limited , an individual
Mar 2011Funding round₹80 CrInvestors: Motilal Oswal Private Equity, Idfc Investment Advisors Limited

To see the full deal history of G R Infraprojects Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

G R Infraprojects Limited was last rated by Care on 11 Jan 2022.

Rating agencyRated onRating
Care11 Jan 2022

To see the full credit ratings and regulatory alerts of G R Infraprojects Limited, buy the company report.

MSME payment delays

G R Infraprojects Limited has 20 MSME Form 1 returns on record between 2017 and 2023, listing 2,016 overdue payments to 534 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 534)

SupplierAmount dueDue sinceReported on
an individual supplier
TGT Solutions Private Limited
an individual supplier
an individual supplier
Guardian Cables and Conductors Private Limited

To see the full MSME payment records of G R Infraprojects Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

G R Infraprojects has 24 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

24
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Rajgarh Transmission LimitedU40106DL2020GOI364436
Porbandar Dwarka Expressway Private LimitedU45200RJ2017PTC058283
GR Akkalkot Solapur Highway Private LimitedU45201RJ2018PTC061051
GR Dwarka Devariya Highway Private LimitedU45201RJ2019PTC064358
GR Ena Kim Expressway Private LimitedU45201RJ2020PTC070415
GR Bilaspur Urga Highway Private LimitedU45202RJ2021PTC073376

To see the full group structure of G R Infraprojects Limited, buy the company report.

Employees & EPFO

G R Infraprojects Limited has a workforce of 16,542 employees on its EPFO records as of Oct 04, 2024, across 1 active EPFO establishment.

Employee count
16,542
Active EPFO establishments
1
Employee growth
-13.17%

GST

G R Infraprojects has 31 GST registrations: 23 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
31
Active
23
Cancelled / inactive
8
GSTINStateStatusRegistered on
24AAACG5306N1ZOGujaratActive01 Jul 2017
02AAACG5306N1ZUHimachal PradeshActive01 Jul 2017
03AAACG5306N1ZSPunjabActive01 Jul 2017
06AAACG5306N1ZMHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of G R Infraprojects Limited, buy the company report.

Recent activity

G R Infraprojects Limited has 39 board changes on record since 1995: 24 appointments and 15 cessations. The latest: Ashwin Agarwal was appointed as Additional Director on 11 May 2026.

Charges
A charge with Others amounted to Rs. 713.73 Cr with Charge ID 101307182 was registered on 27 May 2026.
Charges
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
A charge registered on 25 Jul 2025 via Charge ID 101140743 with Others was fully satisfied on 22 May 2026.
Charges
A charge registered on 05 Jun 2025 via Charge ID 101113000 with Others was fully satisfied on 21 May 2026.
Appointed
Ashwin Agarwal was appointed as Additional Director.
Filing
G R Infraprojects Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2,623.20 Cr with Charge ID 101254003 was registered on 04 Mar 2026.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100479249 with Others was fully satisfied on 25 Feb 2026.
Charges
A charge with Others amounted to Rs. 375.79 Cr with Charge ID 101217415 was registered on 09 Dec 2025.
Charges
A charge registered on 21 Mar 2025 via Charge ID 101072766 with Others was fully satisfied on 03 Dec 2025.
Charges
A charge with Others of Rs. 610.00 Cr registered on 30 Aug 2025 with Charge ID 101159329 was modified on 27 Nov 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 275.40 Cr registered on 12 Jun 2024 with Charge ID 100945326 was modified on 21 Nov 2025.

539 earlier events are in the company report.

News

G R Infraprojects: Signs ₹91.60 Crore Deal For Varanasi Logistics Park
15 Oct 2026 · Exchange Update
G R Infraprojects: Faces ₹90.86 Crore Guarantee Call From NTPC After Contract Ended
18 Sep 2026 · Exchange Update
G R Infraprojects: Ends NTPC BESS EPC Contracts Right Away and Starts Dispute Resolution Process.
16 Sep 2026 · Exchange Update

Frequently asked questions

G R Infraprojects is an active public limited company based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 22 December 1995 (31+ years old) and is registered under CIN L45201GJ1995PLC098652. Listed on BSE: 543317 and NSE: GRINFRA.

G R Infraprojects reported revenue of ₹8,398.62 Cr for FY 2025-26 (up 13.6% YoY) based on consolidated financials.

G R Infraprojects has 6 current directors:

The latest financial statements of G R Infraprojects on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of G R Infraprojects is 24AAACG5306N1ZO, registered in Gujarat. The company has 31 GST registrations in all, of which 23 are active and 8 are cancelled or inactive. Other active GSTINs include 02AAACG5306N1ZU (Himachal Pradesh), 03AAACG5306N1ZS (Punjab), 06AAACG5306N1ZM (Haryana).

The CIN (Corporate Identification Number) of G R Infraprojects is L45201GJ1995PLC098652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

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

G R Infraprojects has 376 court cases on record: 116 filed by the company and 260 filed against it. 98 are pending. Most are in the district courts.

G R Infraprojects was incorporated on 22 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.

G R Infraprojects has 8 deals on record (6 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹80 Cr; the latest was in March 2025.

Ashwin Agarwal was appointed as Additional Director on 11 May 2026. Vinod Kumar Agarwal ceased to be Whole-Time Director on 10 Nov 2025. Chander Khamesra ceased to be Director on 23 Sep 2025. G R Infraprojects has 39 board changes on record in total.