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GMR Airports Infrastructure Ltd share Price Today

Company details

85.80
86.90
40.00
94.35
6M Return 46.59%
1Y Return 91.22%
Mkt Cap.(Cr) 51,939.31
Volume 3,538,755
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 3,538,755

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Construction & Engineering company GMR Airports Infrastructure announced Q3FY24 & 9MFY24 results:

Consolidated Q3FY24:
- Total Pax Traffic increased by 16% YoY to 28.2 million in Q3FY24.
- Total Income increased by 22% YoY to Rs 2,351 crore in Q3FY24.
- EBITDA increased by 16% YoY to Rs 793 crore in Q3FY24.

Consolidated 9MFY24:
- Total Income for 9MFY24: Rs 6,639 crore.
- EBITDA for 9MFY24: Rs 2,478 crore.
- PBT (Before Exceptional Items & Share of JVs) for 9MFY24: Rs 187 crore.
- Profit After Tax from continuing operations for Q3FY24: Rs 117 crore.

Merger Developments:
- GMR had announced the merger of GAL with GIL to simplify the corporate structure and enhance shareholder value. Approval from GIL equity shareholders was received in Dec'23.

Regulatory Developments:
- Delhi Airport received a favorable award in arbitration against AAI due to force majeure (COVID-19), excusing it from paying MAF for Mar'20 to Feb'22 and extending the OMDA term for 1 year and 11 months.
- Mopa Airport received a tariff order from AERA for the first control period until Mar'28, revising charges from Jan'24.

Debt and Financing:
- Raised Rs 2,475 crore through NCDs for Mopa Airport, with proceeds used for debt refinancing and expansion capex.
- Raised Rs 1,950 crore through bonds for GAL, with the gross debt at Rs 4,681 crore as of December 31, 2023.

Airports Operational Updates:
- Delhi Airport crossed the 54 million Pax mark.
- Hyderabad Airport crossed the 18.5 million Pax mark.
- Mopa Airport celebrated one year of operations with 1.2 million Pax in Q3FY24.

Awards and Recognitions:
- GMR Group received 6 awards at the Wings India Awards 2024.
- Hyderabad Airport rated as the world's second most punctual airport in 2023.

Expansion and Development:
- Delhi Airport's expansion to increase capacity to 100 million Pax is 97.7% complete as of Jan 25, 2024.
- Hyderabad Airport's expansion to increase capacity to 34 million Pax is 99.4% complete as of Jan 25, 2024.

Shareholding Changes:
- GAL's shareholding in GHIAL increased from 63% to 74% after acquiring a stake from Malaysia Airports Holding Berhad.

 

Result PDF

View Other Company Results

GMR Airports Infrastructure Ltd shares SWOT Analysis

Strengths (7)

  • MACD Crossover Above Signal Line
  • Strong Momentum: Price above short, medium and long term moving averages
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (5)

  • Red Flag: High Interest Payments Compared to Earnings
  • Declining profits every quarter for the past 2 quarters
  • Low Piotroski Score : Companies with weak financials

Opportunity (3)

  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares

Resistance and support

R1 86.7
R2 87.3
R3 87.8
Pivot

86.23

S1 85.6
S2 85.1
S3 84.5
EMA SMA
83.4
82.9
80.0
72.3
83.7
82.4
83.1
71.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BNP PARIBAS ARBITRAGE Bulk Sell 2024-02-29 83.91 81495842 NSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 75.7 6329985 NSE
SOCIETE GENERALE Block Sell 2024-01-25 75.7 6329985 NSE
Name Category Shares
GMR ENTERPRISES PRIVATE LIMITED PROMOTER 44.48%
GMR BUSINESS & CONSULTANCY LLP PROMOTER 12.68%
HYDERABAD JABILLI PROPERTIES PRIVATE LIMITED PROMOTER 0.95%
GMR INFRA VENTURES LLP PROMOTER 0.52%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

GMR Airports Infrastructure Ltd Stocks COMPARISON

Financials( in Cr) GMR Airports Infrastructure Ltd Larsen & Toubro Ltd Rail Vikas Nigam Ltd IRB Infrastructure Developers Ltd NBCC (India) Ltd
Price 86.05 3,450.75 290.80 68.00 142.30
% Change 2.75 1.16 5.52 3.50 5.33
Mcap Cr 51,939.31 474,363.91 60,632.38 41,065.20 25,614.00
Revenue TTM Cr 6,693.40 183,340.70 20,281.57 6,401.64 8,754.44
Net Profit TTM Cr -839.93 12,624.87 1,420.55 720.01 278.01
PE TTM 0.00 36.66 42.93 68.87 58.93
1 Year Return 91.22 57.70 140.63 136.11 247.50
ROCE 0.00 12.64 17.22 6.36 23.81
ROE 0.00 14.70 20.81 5.55 21.69
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -1,272.13 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,096.27 -32,431.93
LAST 3M 105,135.14 -41,239.38
LAST 6M 172,248.08 48,806.90
LAST 12M 264,707.07 127,969.33

GMR Airports Infrastructure Ltd Information

Stock PE (TTM)
0
Promoter Holding
59.07%
Book Value
-1.66
ROCE
0%
ROE
0%
Description
  • GMR Infrastructure Ltd. is associated with the infrastructure developers and operators sector. As of April 4, 2022, it has a market capitalisation worth Rs. 23,630 crore. Its date of incorporation is May 10, 1996. As of December 2021, it reported consolidated net sales worth Rs. 1,364.13 crore, down 7.89% Y-o-Y. The company is listed on the Bombay Stock Exchange (BSE) with the code 532754 and the National Stock Exchange (NSE) with the code GMRINFRA.

    GMR Infrastructure Ltd. is a subsidiary of GEPL. It is engaged in the development, maintenance, and operation of airports. It also provides integrated security solutions. For the airport management segment, it operates through GMR Airports Limited (GAL). The security solutions are managed through RAXA Techno Security Solutions.

    The company’s airport portfolio comprises Delhi International Airport, Hyderabad International Airport in India, and the Mactan Cebu International Airport in Cebu, Philippines. The Delhi International Airport bagged the Airport Service Quality Awards for 2017. The Hyderabad International Airport is known as the torchbearer of innovation and technological adoption. The airport in the Philippines, developed in partnership with Megawide, is renowned for its architecture.

    The GMR Group, an Indian multinational conglomerate comprising GMR Infrastructure, GMR Energy, and GMR Enterprises, was founded in 1978 by Mr. Grandhi Mallikarjuna Rao. He is at present the Chairman of the company. Mr. Grandhi Kiran Kumar serves as the Managing Director & CEO. The GMR share was listed on the Bombay Stock Exchange and the National Stock Exchange on July 31, 2006. It is listed on the MCX Stock Exchange as well.

    Before buying a GMR Infra share, the companies investors can consider HFCL, Larsen & Toubro, Adani Ports, and IRB Infra Developers for comparison. As of December 2021, the promoter, domestic institutional investors, foreign institutional investors, and public holding of the shares of GMR Infra was 59.83%, 1.96%, 28.21%, and 10%, respectively.

    On April 4, 2022, GMR Infra share price on NSE was Rs. 39.05. The GMR share price on BSE was Rs. 39.10. It is an F&O stock. The GMR Infra share recorded a 52-week high price of Rs. 49.15 and a 52-week low price of Rs. 22.50. Over the last month, the GMRINFRA share price has increased by 4.96%.  

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Naman Centre 7th Flr P No C-31, G Blk Bandra(E) Bandra Kurla C, Mumbai, Maharashtra, 400051

Tel : 91-022-4202 8000
Email : Gil.Cosecy:gmrgroup.in
Website : http://www.gmrinfra.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532754
NSE Code : GMRINFRA
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE776C01039

FAQ’s on GMR Airports Infrastructure Ltd Shares

You can buy GMR Airports Infrastructure Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy GMR Airports Infrastructure Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of GMR Airports Infrastructure Ltd was Rs.86.05.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of GMR Airports Infrastructure Ltd stood at Rs. 51,939.31.

The latest PE ratio of GMR Airports Infrastructure Ltd as of May 17, 2024 03:59 PM is 0.00

The latest PB ratio of GMR Airports Infrastructure Ltd as of May 17, 2024 03:59 PM is -0.02

The 52-week high of GMR Airports Infrastructure Ltd share price is Rs. 94.35 while the 52-week low is Rs. 40.00

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