GMRP&UI

GMR Power and Urban Infra Limited

Power and urban infrastructure investments and operating thermal assets

Utilities›Power›Power›Power Generation

gmrpowerurbaninfra.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹101.25
Market cap
7,924 Cr
Stock P/E
14.0
P/B
4.15
ROE (FY26)
28.5%
ROCE (FY26)
18.1%
Operating margin (FY26)
12.8%
Debt / equity (FY26)
6.04
OCF / EBITDA (FY26)
78.5%
OCF / EBITDA (3Y)
133.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

GMR Power and Urban Infra (GPUIL), part of the GMR group, sells electricity from thermal power plants at Warora and Kamalanga, and also installs smart electricity meters and runs highway and railway-construction businesses.

Company snapshot

14thBy market cap

Ranked among 27 companies in Power Generation.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 84.3% of revenue

SegmentRevenue shareRevenuePBTAssets
EPC
3.3%
154 Cr63 Cr—
Others
4.9%
228 Cr-3 Cr—
Power
84.3%
3,883 Cr821 Cr—
Roads
7.1%
326 Cr102 Cr—
Smart Meter Infrastructure
3.7%
171 Cr11 Cr—

Shares add up to 103% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓134% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Debt-to-equity of 6.04x — the company carries significant debt relative to its equity base.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales627 Cr1,103 Cr1,634 Cr1,612 Cr1,384 Cr1,612 Cr1,737 Cr1,648 Cr1,810 Cr1,869 Cr2,004 Cr1,705 Cr
Operating expenses (approx.)505 Cr807 Cr1,196 Cr1,099 Cr973 Cr1,270 Cr1,357 Cr1,248 Cr1,447 Cr1,500 Cr1,545 Cr1,252 Cr
EBITDA122 Cr296 Cr438 Cr513 Cr411 Cr341 Cr380 Cr401 Cr363 Cr369 Cr459 Cr453 Cr
OPM %19.5%26.9%26.8%31.8%29.7%21.2%21.9%24.3%20.1%19.7%22.9%26.6%
Other income51 Cr106 Cr135 Cr123 Cr123 Cr152 Cr126 Cr120 Cr112 Cr134 Cr64 Cr44 Cr
Interest272 Cr405 Cr523 Cr450 Cr367 Cr366 Cr394 Cr441 Cr446 Cr379 Cr392 Cr318 Cr
Depreciation40 Cr100 Cr127 Cr185 Cr154 Cr152 Cr148 Cr160 Cr164 Cr166 Cr176 Cr163 Cr
Profit before tax-103 Cr45 Cr180 Cr1,407 Cr239 Cr-94 Cr38 Cr13 Cr865 Cr-72 Cr2 Cr9 Cr
Tax %-19.4%3.7%5.2%3.2%-4.4%-15.7%-27.6%154.5%-3.4%-122.0%5147.1%499.3%
Net profit-123 Cr43 Cr170 Cr1,362 Cr250 Cr-108 Cr49 Cr-7 Cr895 Cr-160 Cr-114 Cr-35 Cr
EPS (₹)₹-1.74₹0.75₹2.69₹20.30₹3.63₹-1.49₹0.61₹-0.11₹12.43₹-2.36₹-1.47₹-0.53

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,102 Cr5,525 Cr4,489 Cr6,344 Cr7,332 CrSign in free for the trailing twelve months
Operating expenses (approx.)3,606 Cr5,132 Cr3,429 Cr4,677 Cr5,728 CrSign in free for the trailing twelve months
EBITDA495 Cr393 Cr1,060 Cr1,667 Cr1,604 CrSign in free for the trailing twelve months
OPM %12.1%7.1%23.6%26.3%21.9%Sign in free for the trailing twelve months
Other income180 Cr368 Cr346 Cr514 Cr416 CrSign in free for the trailing twelve months
Interest1,354 Cr1,350 Cr1,479 Cr1,571 Cr1,659 CrSign in free for the trailing twelve months
Depreciation128 Cr151 Cr305 Cr600 Cr666 CrSign in free for the trailing twelve months
Profit before tax-546 Cr1,232 Cr-94 Cr1,591 Cr808 CrSign in free for the trailing twelve months
Tax %-19.3%7.5%-35.8%2.4%24.1%Sign in free for the trailing twelve months
Net profit-652 Cr1,139 Cr-127 Cr1,552 Cr614 CrSign in free for the trailing twelve months
EPS (₹)₹-10.73₹19.60₹-1.71₹20.72₹8.26Sign in free for the trailing twelve months
Dividend payout %—0.0%—0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital302 Cr302 Cr302 Cr357 Cr391 Cr
Reserves-2,466 Cr-2,923 Cr-3,219 Cr229 Cr1,513 Cr
Borrowings10,413 Cr8,201 Cr13,855 Cr10,238 Cr11,503 Cr
Other liabilities5,892 Cr6,343 Cr8,596 Cr6,031 Cr3,438 Cr
Total liabilities14,073 Cr11,803 Cr19,469 Cr16,987 Cr17,050 Cr
Fixed assets (net)300 Cr284 Cr7,889 Cr7,125 Cr6,671 Cr
CWIP0 Cr0 Cr357 Cr505 Cr454 Cr
Investments5,505 Cr2,661 Cr990 Cr530 Cr1,346 Cr
Loans & advances387 Cr1,234 Cr20 Cr26 Cr148 Cr
Inventories87 Cr50 Cr212 Cr395 Cr499 Cr
Trade receivables623 Cr545 Cr1,541 Cr1,705 Cr1,180 Cr
Cash & bank455 Cr966 Cr430 Cr689 Cr560 Cr
Other assets6,715 Cr6,062 Cr8,029 Cr6,012 Cr6,191 Cr
Total assets14,073 Cr11,803 Cr19,469 Cr16,987 Cr17,050 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity1,215 Cr1,230 Cr1,690 Cr2,833 Cr1,260 Cr
Cash from investing1,267 Cr3,094 Cr-903 Cr-159 Cr-809 Cr
Cash from financing-2,213 Cr-3,840 Cr-1,324 Cr-2,417 Cr-583 Cr
Net cash flow269 Cr510 Cr-535 Cr259 Cr-129 Cr
Free cash flow (OCF − Capex)1,063 Cr1,206 Cr1,592 Cr2,562 Cr1,022 Cr

Ratios

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %4.5%4.4%6.9%28.9%18.1%
ROE %———197.5%28.5%
Debtor days55361259859
Inventory days4931719484149
Days payable1368160988131415385
Cash conversion cycle-1264-1542-7968-833-177
OCF / EBITDA %245.1%313.2%159.4%169.9%78.5%
OCF / EBITDA % (3 years)——212.2%184.4%133.5%
Debt / equity———17.446.04
Current ratio0.430.630.571.041.42
Net debt / EBITDA20.1018.4212.665.736.82