GMR Infrastructure Ltd's earnings have grown by 0%, whereas share price has appreciated 28% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
GMR Infrastructure Ltd share price has appreciated 5.8% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that GMR Infrastructure Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
GMR Infrastructure Limited (GIL) is a public limited company domiciled and incorporated in India under the Indian Companies Act, 1956. The registered office of the Company is Naman Centre, 7th Floor, opposite Dena Bank, Plot No.C-31 G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra.
The company incorporated in May 1996, was earlier known as Varalakshmi Vasavi Power Projects and is located in Andhra Pradesh. The name was changed to GMR Vasavi
The company incorporated in May 1996, was earlier known as Varalakshmi Vasavi Power Projects and is located in Andhra Pradesh. The name was changed to GMR Vasavi Infrastructure Finance in 1999, and later to GMR Infrastructure in the year 2000.
Business area of the company
The company and its subsidiaries, associates, joint ventures and jointly controlled operations(hereinafter collectively referred to as ‘the Group’) are mainly engaged in development, maintenance and operation of airports, generation of power, coal mining and exploration activities, development of highways, development, maintenance and operation of special economic zones, and construction business including Engineering, Procurement and Construction (‘EPC’) contracting activities.
Certain entities of the Group are engaged in development, maintenance and operation of airport infrastructure such as greenfield international airports at Hyderabad and Goa and modernisation, maintenance and operation of international airports at Delhi and Cebu on build, own, operate and transfer basis.
Certain entities of the Group are involved in the generation of power. These are separate Special Purpose Vehicles (‘SPV’) which have entered into Power Purchase Agreements (‘PPA’) with the electricity distribution companies of the respective state governments / other government authorities (either on the basis of Memorandum of Understanding or through a bid process) or short-term power supply agreements to generate and sell power directly to consumers as a merchant plant. Certain entities of the Group are involved in the coal mining and exploration activities and the Group is also involved in energy and coal trading activities through its subsidiaries.
Development of Highways
Certain entities of the Group are engaged in development of highways on build, operate and transfer model on annuity or toll basis. These are SPVs which have entered into concessionaire agreements with National Highways Authority of India (‘NHAI’) or the respective state governments for carrying out these projects.
Certain entities of the Group are in the business of construction including as an EPC contractor. These entities are engaged in handling of EPC solution in the infrastructure sector.
Entities of the Group which cover all residual activities of the Group that include special economic zones, operations of hotels, investment activities and management / technical consultancy.
Awards and Accolades