GPT Infraprojects Ltd. Results

H1FY25 & Q2FY25 Result Announced for GPT Infraprojects Ltd.

Construction & Engineering company GPT Infraprojects announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Consolidated Revenue from Operations stood at Rs 287.5 crore, higher by 23.6% YoY. Consolidated EBITDA stood at Rs 33.3 crore, higher by 2.8% YoY, EBITDA Margin of 11.5%. Consolidated PAT after minorities stood at Rs 17.6 crore, higher by 30.4% YoY, PAT Margin of 6.1%. Net Debt of the company reduced by ~Rs 95 crore. Standalone Revenue for Q2FY25 stood at Rs 280.7 crore, a growth of 26.6% YoY. Standalone EBITDA for Q2FY25 stood at Rs 40.0 crore, a growth of 47.0% YoY, EBITDA Margin of 14.1%. Standalone PAT for Q2FY25 stood at Rs 21.7 crore, a growth of 90.4% YoY, PAT Margin of 7.6%. H1FY25 Financial Highlights: Successfully raised Rs 175 crore through QIP, in Aug-24, and the funds have been completely utilised-majorly for repayment of borrowings. Completed its 3rd bonus issue in in 1:1 ratio in the last 7 years (2017, 2022, 2024). Order backlog stands healthy at Rs 3,609.8 crore, with order inflow of Rs 1,040.4 crore during the year including incremental orders from existing contracts. GPT Chairman, Mr. Dwarika Prasad Tantia, said: “We are pleased to announce the successful fund raising of Rs 175 crore through a Qualified Institutional Placement. I would like to thank all the investors who have placed their trust in us. I would like to commend all of you who have contributed to bringing our company to this level. We have now built strong foundations on which we can aspire to achieve greater heights. The business performance continues to be as per our target and we expect to achieve a growth in excess of 20% for the year with strong cash flows and margins.”

Q1FY25 Quarterly Result Announced for GPT Infraprojects Ltd.

Construction & Engineering company GPT Infraprojects announced Q1FY25 results: Standalone Revenue from Operations stood at Rs 236.2 crore, higher by 0.8% YoY Standalone EBITDA stood at Rs 34.4 crore, higher by 5.8% YoY, with EBITDA margin within the hurdle rate of 12.5-13% Standalone PAT stood at Rs 17.5 crore, higher by 12.2% YoY Consolidated Revenue from Operations stood at Rs 241.7 crore, higher by 2.5% YoY Consolidated EBITDA stood at Rs 33.6 crore, higher by 13.9% YoY Consolidated PAT after minorities stood at Rs 16.8 crore, higher by 27.3% YoY Order backlog stands healthy at Rs 3,669.1 crore, with order inflow of Rs 812 crore during the year including incremental orders from existing contracts Commenting on the performance, Dwarika Prasad Tantia, Chairman said, “The outlay and focus of the Government on Infrastructure contracts continues and we are quite confident that we will be able to expand our horizons to enter newer geographies by building world class infrastructure for the country. During Q1 of Fiscal 25 the total order inflow stood at Rs 812 crore including incremental orders in existing contracts with the total unexecuted order book of Rs 3,669 crore as on date. I would like to commend all of you who have contributed to bringing our company to this level. We have now built strong foundations on which we can aspire to achieve greater heights.”

FY24 Annual Result Announced for GPT Infraprojects Ltd.

Construction & Engineering company GPT Infraprojects announced FY24 results: Achieved a major milestone of crossing Rs 1,000 crore of revenues for the year Standalone Total Income stood at Rs 1,009.8 crore, higher by 27% YoY Standalone EBITDA stood at Rs 127.9 crore, higher by 33% YoY, with EBITDA margin within the hurdle rate of 12.5-13% Standalone PAT stood at Rs 60.7 crore, higher by 76% YoY Consolidated Total Income stood at Rs 1,024.9 crore, higher by 26% YoY Consolidated EBITDA stood at Rs 127.6 crore, higher by 39% YoY Consolidated PAT after minorities stood at Rs 57.84 crore, higher by 84% YoY Declared Bonus Issue in the ratio of 1:1 by capitalizing the Reserves Declared third Interim Dividend of Re 1 per share i.e. 10% with record date May 30, 2024. Total Dividend of Rs 3 per share for the year i.e. 30%. Order backlog stands healthy at Rs 3,099 crore, with order inflow of Rs 1,841 crore during the year including incremental orders from existing contracts Bagged the single largest contract in the history of the Company at Rs 739 crore from NHAI Commenting on the performance, GPT Chairman, Dwarika Prasad Tantia, said, “I am very pleased that the Company has witnessed one of its strongest performances for the year ending March 31, 2024 as its revenues cross the Rs 1,000 crore mark, thus achieving a major milestone and it gives the management confidence of exceeding the target set and maintain the same growth momentum of 20-25% for the year ahead. The outlay and focus of the Government on Infrastructure contracts continues and we are quite confident that we will be able to expand our horizons to enter newer geographies by building world class infrastructure for the country. During FY24 the total order inflow stood at Rs 1,841 crore including incremental orders in existing contracts with the total unexecuted order book of Rs 3,099 crores as on date, creating a revenue visibility of 3.02 years based on FY 24 revenues. We continue to maintain the momentum to achieve the target for 20-25% growth this year, with healthy cash flows and margins, thus ensuring both ROE and ROCE are in excess of 20%. The Board is pleased to announce a Bonus Issue of 1 equity share for every 1 equity share by capitalizing the reserves, which will lead to better shareholder returns as well. The Company continues to maintain a healthy dividend policy, and keeping this in mind, the Board has announced a third interim dividend of Re 1 per share, taking the total dividend for FY 24 to Rs 3 per share i.e. 30%. I would like to commend all of you who have contributed to bringing our company to this level. We have now built strong foundations on which we can aspire to achieve greater heights.”