G R Infraprojects Ltd
About
G R Infraprojects Limited (GRIL) started in 1995 as G. R. Agarwal Builders and Developers Limited. Its first project was a PWD road project in Rajasthan with a cost of ₹ 26.50 million in 1997. Since then, the company has diversified into 7 broad categories: highways & bridges, railways & metros, tunnelling, power infrastructure, ropeways, manufacturing, and operations & maintenance. It has also extended to the energy and building industry with a wind-energy-based power plant installed in Jaipur. Under the civil construction vertical, GRIL is engaged in Engineering Procurement and Construction (EPC), Build Operate Transfer (BOT), Optical Fibre Cable (OFC), and hybrid (HAM) projects. Some of the company’s notable clients include NHAI (National Highways Authority of India), the Government of Rajasthan, and the MoRTH (Ministry of Road Transport and Highways). As of today, GRIL has executed over 100 projects across 23 Indian states in India.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 9395 -1.8% | 9570 12.2% | 8531 7.7% | 7919 23.2% | 6426 20.7% | 5325 59.3% | 3342 -1.5% | 3392 60.5% | 2114 111.2% | 1001 -0.3% | 1004 2.1% | 984 -15.7% | 1166 104.8% | 569 91.4% | 298 32.9% | 224 - |
| Net Operating Income (INR Cr) | 8980 -5.29% | 9482 12.10% | 8458 7.83% | 7844 23.09% | 6373 20.64% | 5283 66.17% | 3179 -2.73% | 3268 61.83% | 2020 92.91% | 1047 14.23% | 916 -8.18% | 998 -12.95% | 1147 0.00% | 551 92.19% | 287 28.68% | 223 0.00% |
| Profit (INR Cr) | 1324 -9.0% | 1454 74.8% | 832 -12.9% | 955 19.2% | 801 11.8% | 717 76.5% | 406 -30.9% | 588 480.1% | 101 235.2% | 30 -12.8% | 35 -34.1% | 53 -28.9% | 74 71.3% | 43 57.7% | 27 46.5% | 19 - |
| Assets (INR Cr) | 11437 -4.6% | 11984 18.5% | 10116 18.8% | 8516 36.3% | 6249 42.7% | 4379 82.6% | 2398 43.6% | 1670 9.4% | 1526 12.4% | 1358 24.7% | 1089 48.7% | 733 55.1% | 472 44.2% | 328 134.5% | 140 26.6% | 110 - |
| Net Worth (INR Cr) | 7592 21.2% | 6265 30.2% | 4811 20.9% | 3981 31.5% | 3027 35.8% | 2230 44.6% | 1542 36.3% | 1131 110.4% | 538 23.6% | 435 7.1% | 406 9.3% | 372 16.5% | 319 0.0% | 242 108.6% | 116 61.4% | 72 0.0% |
| Employee Cost (INR Cr) | 665 2.7% | 648 10.4% | 587 28.3% | 458 1.8% | 449 28.4% | 350 92.1% | 182 38.9% | 131 51.3% | 87 56.9% | 55 3.9% | 53 8.7% | 49 11.0% | 44 121.0% | 20 143.2% | 8 31.8% | 6 - |
| Interest Cost (INR Cr) | 565 | 443 | 420 | 362 | 295 | 170 | 66 | 126 | 105 | 88 | 62 | 31 | 14 | 4 | 2 | 3 |
| Cash & Bank Balance (INR Cr) | 740 | 779 | 1095 | 831 | 948 | 716 | 238 | 549 | 115 | 68 | 26 | 40 | 32 | 91 | 41 | 12 |
| Total Debt (INR Cr) | 3817 | 5697 | 5282 | 4525 | 3210 | 2141 | 847 | 531 | 979 | 920 | 682 | 361 | 153 | 86 | 24 | 35 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 14.1% | 15.2% | 9.8% | 12.1% | 12.5% | 13.5% | 12.2% | 17.3% | 4.8% | 3.0% | 3.5% | 5.4% | 6.4% | 7.6% | 9.2% | 8.4% |
| Profit As % Of Assets | 11.6% | 12.1% | 8.2% | 11.2% | 12.8% | 16.4% | 16.9% | 35.2% | 6.6% | 2.2% | 3.2% | 7.2% | 15.7% | 13.2% | 19.6% | 17.0% |
| Profit As % Of Networth | 17.4% | 23.2% | 17.3% | 24.0% | 26.5% | 32.1% | 26.3% | 52.0% | 18.8% | 7.0% | 8.5% | 14.2% | 23.2% | 17.9% | 23.6% | 26.1% |
| Interest Cost to EBITDA % | 26.6% | 17.4% | 24.2% | 19.6% | 18.6% | 13.2% | 10.8% | 20.6% | 33.9% | 50.1% | 41.9% | 23.0% | 9.7% | 5.3% | 4.2% | 8.8% |
| Debt to Equity Ratio | 0.50 | 0.91 | 1.10 | 1.14 | 1.06 | 0.96 | 0.55 | 0.47 | 1.82 | 2.12 | 1.68 | 0.97 | 0.48 | 0.35 | 0.20 | 0.49 |
| RONW | 15.6% | 26.3% | 18.9% | 27.3% | 30.5% | 38.0% | 30.4% | 70.4% | 21.0% | 7.5% | 9.0% | 15.2% | 23.2% | 24.2% | 29.2% | 26.1% |
| ROCE | 16.9% | 21.7% | 16.3% | 22.9% | 27.3% | 34.8% | 27.9% | 44.0% | 18.8% | 11.5% | 12.9% | 18.0% | 25.1% | 28.1% | 32.1% | 25.7% |