GMR Airports Ltd
GMRAIRPORTGMR Airports Ltd
GMRAIRPORTPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
-100.81 | -101.90 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.42 | 7.24 | 0.54% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
GMR Infrastructure Limited is engaged in generation of power, mining & exploration activities, development of highways, infrastructure development, construction business and operation of airports and special economic zones.
Peers
Compare with peersLarsen and Toubro Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
Ircon International Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 8,693.67 | 10,323.48 | 9,274.25 | 8,394.84 | 9,222.13 | 3,996.74 | 5,029.86 | 7,617.76 | 9,548.59 | 10,400.16 | ||||||||||
Raw Materials | 1,000.25 | 1,414.55 | 1,918.53 | 1,110.35 | 1,265.30 | 93.72 | 144.94 | 234.76 | 207.89 | 6,360.86 | ||||||||||
Power & Fuel Cost | 172.62 | 139.53 | 167.48 | 155.23 | 94.77 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
Employee Cost | 506.44 | 595.69 | 690.35 | 759.88 | 831.21 | 691.05 | 755.12 | 969.29 | 1,242.16 | |||||||||||
Selling & Administrative Expenses | 217.85 | 232.54 | 412.23 | 460.52 | 568.46 | 411.20 | 542.37 | 923.99 | 972.92 | |||||||||||
Operating & Other expenses | 5,971.13 | 4,397.13 | 3,810.02 | 5,684.46 | 4,140.18 | 3,825.74 | 1,823.06 | 2,840.08 | 3,365.79 | |||||||||||
EBITDA | 825.38 | 3,544.04 | 2,275.64 | 224.40 | 2,322.21 | -1,024.97 | 1,764.37 | 2,649.64 | 3,759.83 | 4,039.30 | ||||||||||
Depreciation/Amortization | 1,196.66 | 1,018.65 | 1,028.40 | 983.96 | 1,064.25 | 886.12 | 889.40 | 1,038.14 | 1,465.92 | 1,737.71 | ||||||||||
PBIT | -371.28 | 2,525.39 | 1,247.24 | -759.56 | 1,257.96 | -1,911.09 | 874.97 | 1,611.50 | 2,293.91 | 2,301.59 | ||||||||||
Interest & Other Items | 2,196.49 | 2,128.00 | 2,316.34 | 2,684.15 | 3,545.07 | 1,803.00 | 2,018.66 | 2,338.15 | 2,928.78 | 3,600.54 | ||||||||||
PBT | -2,567.77 | 397.39 | -1,069.10 | -3,443.71 | -2,287.11 | -3,714.09 | -1,143.69 | -726.65 | -634.87 | -1,298.95 | ||||||||||
Taxes & Other Items | 144.73 | 961.77 | 294.76 | 136.87 | 142.27 | -916.81 | -120.40 | -547.39 | -75.60 | -438.47 | ||||||||||
Net Income | -2,712.50 | -564.38 | -1,363.86 | -3,580.58 | -2,429.38 | -2,797.28 | -1,023.29 | -179.26 | -559.27 | -860.48 | ||||||||||
EPS | -5.22 | -0.94 | -2.26 | -5.93 | -4.02 | -4.63 | -1.70 | -0.30 | -0.93 | -1.43 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
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PDFPeers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
GMR Airports Ltd | -155.10 | -101.90 | — |
Larsen and Toubro Ltd | 39.57 | 5.04 | 0.90% |
IRB Infrastructure Developers Ltd | 56.99 | 2.51 | 0.52% |
KEC International Ltd | 91.13 | 7.72 | 0.33% |
Price Comparison
Compare GMRAIRPORT with any stock or ETFShareholdings
Promoter Holdings Trend
Increased Total Promoter Holding
In last 6 months, promoter holding in the company has increased by 7.00%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 2.93%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 11.17%
Shareholding Pattern
Mar 2024
Jun 2024
Jul 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding GMR Airports Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI PRUDENTIAL EQUITY ARBITRAGE FUND - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2933% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 0.26% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 63/215 (+3) |
Nippon India Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2910% | Percentage of the fund’s portfolio invested in the stock 1.61% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 110/210 (-1) |
Quant Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2356% | Percentage of the fund’s portfolio invested in the stock 2.24% | Change in the portfolio weight of the stock over the last 3 months 2.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/39 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
GMRAIRPORT has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 9, 2014
Dividend/Share
₹0.10
Ex DateEx Date
Sep 9, 2014
Cash Dividend
Ex DateEx DateSep 5, 2013
Dividend/Share
₹0.10
Ex DateEx Date
Sep 5, 2013
During the month, domestic traffic grew by 14.3% YoY, while international traffic saw a significant increase of 11.3% YoY. Delhi Airport handled monthly passenger traffic of around 6.7 million passengers (up 12% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.5 million passengers (up 25% YoY). Aircraft movements also increased by 8% YoY in November 2024, totaling to 69,540 movements. GMR Airports is the largest private airport operator in Asia and the 2nd largest in the world. GMR Airports, a subsidiary of GMR Airports Infrastructure [formerly known as GMR Infrastructure] (GIL), has Groupe ADP as its strategic partner, which is holding a 49% stake. GMR Airports operates the iconic Delhi Airport, which is the largest and fastest-growing airport in India. It also runs Hyderabad Airport, a pioneering greenfield airport known for several technological innovations. The company also operates Manohar International Airport, Goa (Mopa), which is India's first destination airport. The company reported a consolidated net loss of Rs 280.40 crore in Q2 FY25 as compared to a net loss of Rs 91.03 crore recorded in Q2 FY24. Net sales grew by 20.9% year on year to Rs 2,495.46 crore in Q2 FY25. Powered by Capital Market - Live
During the month, domestic traffic and international traffic grew by 9.2% YoY each. Delhi Airport handled monthly passenger traffic of around 6.4 million passengers (up 6% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.4 million passengers (up 22% YoY). Aircraft movements also increased by 9% YoY in October 2024, totaling to 71,598 movements. GMR Airports is the largest private airport operator in Asia and 2nd largest in the world. GMR Airports, a subsidiary of GMR Airports Infrastructure [formerly known as GMR Infrastructure] (GIL) has Groupe ADP as its strategic partner, which is holding a 49% stake. GMR Airports operates the iconic Delhi Airport, which is the largest and fastest-growing airport in India. It also runs Hyderabad Airport, a pioneering greenfield airport known for several technological innovations. The company also operates Manohar International Airport, Goa (Mopa), which is India's first destination Airport. The firm reported a consolidated net loss of Rs 337.57 crore in Q1 FY25 as against a net profit of Rs 15.45 crore recorded in Q1 FY24. Revenue from operations increased 19.06% year on year (YoY) to Rs 2,402.20 crore during the June 2024 quarter. Powered by Capital Market - Live
Net Loss of GMR Airports Infrastructure reported to Rs 280.40 crore in the quarter ended September 2024 as against net loss of Rs 91.03 crore during the previous quarter ended September 2023. Sales rose 20.93% to Rs 2495.46 crore in the quarter ended September 2024 as against Rs 2063.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2495.462063.50 21 OPM %34.4335.19 - PBDT-20.52268.87 PL PBT-494.75-104.13 -375 NP-280.40-91.03 -208 Powered by Capital Market - Live
GMR Airports Infrastructure will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live
GMR Airports Infrastructure has been renamed as GMR Airports with effect from 11 September 2024. Powered by Capital Market - Live
GMR Airports Infrastructure (formerly GMR Infrastructure) (GIL) has entered into a Share Purchase Agreement (SPA) with Fraport AG Frankfurt Airport Services Worldwide (Fraport), towards acquisition by GIL from Fraport, of their current minority 10% equity stake in Delhi International Airport (DIAL), a subsidiary of the Company. The said acquisition would be for a negotiated aggregate consideration of USD 126 million. GIL currently holds 64% of the paid-up capital of DIAL and post the proposed acquisition, its stake in DIAL would increase to 74%. Airports Authority of India (AAI) continues to holds 26% equity stake of DIAL. Post consummation of the Transaction, Fraport's appointment as the Airport Operator of DIAL shall continue to be governed by the Airport Operator Agreement and/or any other agreement(s) executed in relation to its role as the Airport Operator. The transaction, subject to the AAI's approval and approval of GIL Shareholders, along with customary closing conditions, is expected to be concluded within 180 days from the date of execution of the said SPA.Powered by Capital Market - Live
GMR Airports Infrastructure announced that the 28th Annual General Meeting (AGM) of the company will be held on 16 September 2024.Powered by Capital Market - Live
Revenue from operations increased 19.06% year on year (YoY) to Rs 2,402.20 crore during the June 2024 quarter. Pre-tax loss stood at Rs 299.73 crore in first quarter of FY25 as against profit before tax of Rs 112.44 crore posted in same quarter last year. EBITDA stood at Rs 1,016.35 crore in June 2024 quarter, registering a growth of 18.14% YoY. EBITDA margin improved to 52% as compared to 55% reported in the corresponding quarter previous year. Total pax traffic increased by 7% YoY to 31.8 million during the quarter. Meanwhile, the board approved raising of funds up to Rs 5,000 crore in one or more tranches, through issue of securities including a qualified institutions placement and/or foreign currency conveftible bonds and/or any other securities and recommending the same to shareholders of the company for approval, subject to other regulatory and/or statutory approvals, as applicable. GMR Airports Infrastructure is mainly engaged in development, maintenance and operation of airports, generation of power, coal mining and exploration activities, development of highways, development, maintenance and operation of special economic zones. Powered by Capital Market - Live
The Board of GMR Airports Infrastructure at its meeting held on 13 August 2024 has approved alteration in the Objects Clause of the Memorandum of Association. Post the effectiveness of the Merger of GMR Airports (GAL) and GMR Infra Developers (GIDL) with the Company, effective from 25 July 2024, the business of GAL and GIDL has shifted to the Company and is being continued by the Company. To ensure that the Objects enumerated in the Objects clause of MOA of GAL and/or GIDL, are duly incorporated into the Objects clause of the MOA of the Company, it is proposed to suitably alter the Objects clause of the Company. Further, to re-align the MOA of the Company pursuant to the Table A of Schedule I of the Companies Act, 2013, it is proposed to adopt the new format of the MOA. The above alterations are subject to the approval of the shareholders of the Company in the ensuing general meeting. Powered by Capital Market - Live
Net loss of GMR Airports Infrastructure reported to Rs 141.65 crore in the quarter ended June 2024 as against net profit of Rs 16.84 crore during the previous quarter ended June 2023. Sales rose 19.06% to Rs 2402.20 crore in the quarter ended June 2024 as against Rs 2017.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2402.202017.63 19 OPM %37.3137.30 - PBDT166.43331.92 -50 PBT-299.7336.32 PL NP-141.6516.84 PL Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 2.61%, vs industry avg of 8.79%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.68% to 1.99%