G R Infraprojects Ltd. · NSE:GRINFRA
G R Infraprojects — Q1 FY2026-27 Earnings Presentation
37 slides from G R Infraprojects's earnings presentation, Aug 6, 2026
Slide 1: Exchange cover letter for investor presentation
6th August 2026 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1 Dalal Street, Fort G Block, Bandra-Kurla Complex, Bandra(E) Mumbai – 400001 Mumbai -400051 Scrip Code: 543317 Symbol: GRINFRA Subject: Investor Presentation on the financia
Slide 2: G R Infraprojects Limited Company Presentation Q1 FY2026-27
G R Infraprojects Limited CIN: L45201GJ1995PLC098652 Getting People Places, Faster Company Presentation Quarter 1 - Financial Year 2026-27
Slide 3: Context
Context Disclaimer Page 3 1 2 Quarterly Highlights Page 4 3 What we do and key milestones Page 15 Overview – Historical data 4 (Financial & Operational) Page 23 5 Awards Page 31 2
Slide 4: Disclaimer
Disclaimer This presentation is issued by G R Infraprojects Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offer or i
Slide 5: Quarterly Highlights
Quarterly Highlights 4
Slide 6: Q1-FY27 Standalone Synopsis
Q1-FY27 Standalone Synopsis Total Income (Rs in Mn) EBITDA Margin (%) & EBITDA (Rs in Mn) PAT Margin (%) & PAT (Rs in Mn) 10.85% 11.02% 9.34% 8.40% QoQ Highlights (5.05%) 26,197 24,875 (2.30%) (13.53%) 2,734 2,671 2,355 2,036 Q4 2026 Q1 2027 Q4 2026 Q1 2027 Q4 2026 Q1 2027 Total Income (Rs in Mn) EB
Slide 7: Net Working Capital Days and Debt to Equity
Q1-FY27 Net Working Capital Days Jun 2025: 109 Days Jun 2026: 148 Days Debt to Equity Ratio & Net Debt to Equity Ratio (including Mob. Advances) 120 0.8 0.67 0.68 0.7 0.6 0.61 0.61 0.58 0.6 0.56 0.63 0.52 0.52 0.6 0.57 0.58 82 0.5 0.56 0.51 0.48 0.4 0.45 0.3 0.36 48 0.2 40 41 0.12 37 39 0.10 0.08 0.
Slide 8: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement (Rs in Millions) A B C D Particulars Q on Q Y on Y Q1 FY 26-27 Q4 FY 25-26 Q1 FY 25-26 YE Mar 26 movement (Qtr)move Income Revenue from operations 24,234.22 25,209.00 18,261.35 76,202.17 -3.87% 32.71% Other income 641.10 988.02 1,162.59 4,610.48 -35.11% -44.86% T
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement (Rs in Millions) A B C D Particulars Q on Q Y on Y Q1 FY 2 6 - 2 7 Q4 FY 2 5 - 2 6 Q1 FY 2 5 - 2 6 YE Mar 2 6 mov ement (Qtr)mov e Income Revenue from operations 27,841.11 25,004.13 19,877.90 83,986.19 11.35% 40.06% Other income 450.85 302.57 395.24 1,286.51 49
Slide 10: Consolidated Debt
Debt Breakup (Fund Based) as on June 30, 2026 Particulars Rs. in Million STANDALONE DEBT Debentures 2,235.77 Standalone Debt Term loan - DEBENTURES 35% LC Bill Discounting 151.91 TERM LOAN Mobilization advances 1,275.52 LC Bill Discounting Total Debt 3,663.20 #Cash and bank 1,189.39 61% MOBILISATION
Slide 11: Robust Order Book
Robust Order Book Order book as on 30th June 2026 is Rs 2,53,192 Mn * 0% Project Mix Client Wise Distribution State Wise Distribution 8% 5% 1% Uttar Pradesh 4% 4% 3% Maharashtra 4% 0% 0% 1% 7% 0% 5% 0% Madhya Pradesh 2% 0% 5% 1% 6% 5% Gujarat Bihar 22% 12% MMLP Chattisgarh NHAI 5% 9% Rajasthan Road
Slide 12: Projects Portfolio
Projects Portfolio 11
Slide 13: Portfolio of Road / Transmission Projects (Operational)
Portfolio of Road / Transmission Projects (Operational) Reengus-Sikar (BoT - Annuity) Nagaur-Mukundgarh (HAM) Transmission system in Rajgarh (BOOT) Bandikui-Jaipur Corridor (HAM) Govindpur-Rajura (HAM) Madanapalli-Pileru (HAM) Shirsad-Masvan (HAM) Anjar Bhuj (HAM) Yamuna Bridge Highway (HAM) Transmi
Slide 14: Portfolio of Road / Transmission Projects (Under Construction)
Portfolio of Road / Transmission Projects (Under Construction) • Venkatpur Thallasenkesa (HAM) • Amritsar Bathinda Corridor (HAM) (PCOD received for BPC 1) • Ludhiana Rupnagar (HAM) • Hasapur – Badadal Highway (HAM) • Bamni to MH/TG Border (HAM) Highways • Devinagar Kasganj Bypass (HAM) • Belgaum Ra
Slide 15: Projects awaiting appointed date
Projects awaiting appointed date Agra - Gwalior (DBFOT Toll project) Mokama – Mungerlink (HAM) Nasarpore, Umarpada – Malotha (HAM) 14
Slide 16: What we do & Key Milestones
What we do & Key Milestones 15
Slide 17: GRIL – Our Business
GRIL – Our Business HIGHWAYS & BRIDGES* RAILWAYS & METRO* TUNNELLING ROPEWAYS HYDRO • Design and construction Construction of Head Race Designing and Construction including civil works, track Design, Build, Operate, and Tunnels including intake, (EPC+HAM) of Roads, linking, Over Head Engineering, Pr
Slide 18: Journey & Key Milestones
JOURNEY & KEY MILESTONES • Received • LoA • LoA received for • Established • Equity investment • Successful listing at ‘Certificate of • First BOT Hybrid BSE and NSE on 19th received first telecom and centralised by IBEFI, IBEF, and IT infrastructure Commencement’ Annuity Project July 2021. for MMLP
Slide 19: Overview – GRIL Snapshot
Overview – GRIL Snapshot An Integrated EPC Company, with proven track record of timely project execution over last 28 years. Presence in 25 States 4 Manufacturing Units 7000+ plant & equipment ~9,787 employees CARE Rating: AA+ (Stable) CRISIL Rating: AA (Stable) 18
Slide 20: Our Clients
. GRIU Our Clients Exes WET Het : a Mise. AX. Opeida Ministry of Road Transport G) LMS JAR. pei Industrial MAHA METRO and Highways M Ss R Dc quia ta yo vere Development Authority ARRPORTS ASTMORITY OF BAMA PWD taiehiicu Public Works Department Ww HPC ‘wea Fed Government of Rajasthan a da Reora Brom
Slide 21: Expand the Portfolio
Committed to growth, with purpose FOCUSED MARKET Construction STRATEGIES Environment We understand the nations need, We show our care for the design it through perfection and environment through CSR EXPAND THE PORTFOLIO build it to dreams initiatives FOCUSED EPC PLAYER GROWING TOGETHER WITH OUR NATI
Slide 22: Strong Board with diverse experience
Strong Board with diverse experience Ajendra Kumar Agarwal : Chairman & Managing Director He holds a bachelor’s degree in civil engineering from Jodhpur University and has experience of over 30 years in the road construction industry. He is responsible to administer the overall functioning of our Co
Slide 23: Strong Board with diverse experience
Strong Board with diverse experience Kalpana Gupta : Non-Executive Independent Director She is an associate of the Indian Institute of Bankers. In addition, she has been certified by the National Institute of Securities Markets for the completion of the securities markets foundation certification ex
Slide 24: Historical Data (Financial & Operational)
Historical Data (Financial & Operational) 23
Slide 25: Historical Financial Data
Historical Financial Data Revenue From Operations (Rs in Mn) EBITDA* (%) / EBIDTA (Rs in Mn) 81,476 79,192 77,880 76,202 17.94% 17.56% 20.02% 65,156 16.98% 14,940 15.98% 14,135 14,049 13,607 12,914 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Revenue From Operation
Slide 26: Historical Financial Data
Historical Financial Data PAT (Rs in Mn) / PAT Margin * (%) Net Cash Flow (Used In)/ from operating Activities (Rs in Mn) 12.07% 8,475 8,682 9.61% 10.45% 10.22% 7,644 8,518 9.70% 7,864 7,791 7,608 7,556 5,606 189 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 PAT Net
Slide 27: Historical Financial Data
Historical Financial Data Fixed Assets Turnover Ratio Net Debt/ Equity & Net Debt /EBITDA 7.55 0.72 5.73 5.67 0.70 5.74 5.51 0.54 0.35 0.23 0.21 0.18 0.10 0.06 0.03 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Net Debt/Equity Net Debt/EBITDA Fixed Assets Turnover R
Slide 28: Historical Operational Data
Historical Operational Data Employee Count Order Book * (Rs.in Mn) 2,64,715 17,721 16,157 1,95,294 1,91,799 14432 1,67,806 10934 1,31,039 9982 FY22 FY 23 FY 24 FY 25 FY 26 FY22 FY 23 FY 24 FY 25 FY 26 Employee Count Order Book *excluding GST 27
Slide 29: Strong focus on Quality Execution
Strong focus on Quality Execution Design and engineering (Centralized): Continuous improvements are made on the designs in coordination with the Project Management Team (PMT) Manufacturing (In-house across the country): Supply is synchronized with site progress and product specifications are finaliz
Slide 30: Capabilities
CAPABILITIES HUMAN CAPITAL FINANCIAL DISCIPLINE Strict oversight on costs by creating an 9,787 highly skilled, experienced, ownership mind-set and good governance and committed employees BACKWARD INTEGRATION DIGITAL PROJECT MANAGEMENT Manufacturing of key components, and Streamlined process of plann
Slide 31: Leveraging operating efficiencies from vertical integration
Leveraging operating efficiencies from vertical integration THREE KEY STEPS IN VALUE CHAIN PMB, Emulsion facility & Enables efficient Road Signages, Udaipur. In-House Design & Capacity: 30,000MT designs & quick Engineering Team Emulsion Facility, Sandila changes Capacity:24,960 MT Integrated Owned c
Slide 32: Awards and Accolades
Awards and Accolades 31
Slide 33: Awards & Accolades
AWARDS & ACCOLADES Current Year Awards Tunnelling Employee Achiever’s Award: HSE Process Project of the Choice Awards Resilient Highway Year Award Safety Company 2026 Infrastructure 2025 of the Year Project Award India HSE Ambition Box ASSOCHAM TAI Summit Marine Green Transition International Top Ra
Slide 34: Awards & Accolades
AWARDS & ACCOLADES Best Places to Tunnelling Work in Project of Achiever’s Award: Best Performing Construction the Year Excellence in Contractor Industry Award 2025 Highway Construction Award Safety NHIDCL Ambition Box TAI ASSOCHAM Best HSE Emerging Construction Partners for Companies Infra Leader o
Slide 35: Awards & Accolades
AWARDS & ACCOLADES Emerging Top Challenger Best Places to Timely Project in Indian Companies Work in Completion in Construction Excellence Award Construction Challenging Industry Industry Conditions Business Today in Construction association with Ambition Box ASSOCHAM World Festival Yes Bank Best Be
Slide 36: Awards & Accolades
AWARDS & ACCOLADES Outstanding Top 10 Bitumen Fastest Growing 5th Annual Contribution in Manufacturers Construction Finance Roads & Highways Company Conclave EPC World Awards Industry Outlook 19th Construction ICEMA World Annual Certificate of Certificate of Certificate Certificate of Appreciation-
Slide 37: Getting People Places, Faster
G R Infraprojects Limited Corporate Office: GR One, Plot No. 7B, Sector-18, Maruti Industrial Complex, Gurugram, Haryana – 122015, +91 124 643 5000 Registered Office: Revenue Block No.-223, Old survey No. 384/1, 384/2, Paiki Getting People Places, Faster and 384/3, Khata No. 464, Kochariya, Ahmedaba
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