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    Gayatri Projects Limited

    Hyderabad-based EPC contractor executing national/state highways, irrigation canals & water-supply schemes, and industrial civil works across India on an asset-light model.

    Construction
    Industrials
    ₹23.52
    +13.18% from avg

    Overview

    Price

    ₹23.52

    Market Cap

    ₹944 Cr

    Sector

    Construction

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3737373737373737
    Reserves873916-42-1.6k-1.6k-1.5k-1.5k569
    Borrowings2.0k2.1k2.7k3.8k3.7k3.6k3.6k311
    Other Liabilities2.8k2.7k2.2k1.4k1.3k1.2k1.1k1.2k
    Total Liabilities5.7k5.8k5.0k3.6k3.4k3.4k3.3k2.1k
    AssetsFixed Assets45639234827222318016577
    CWIP172999912126
    Investments572565546511363363363230
    Other Assets4.7k4.8k4.1k2.8k2.8k2.9k2.8k1.8k
    Total Assets5.7k5.8k5.0k3.6k3.4k3.4k3.3k2.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating516361228-695-863-110277490
    Cash from Investing-1203111021146261168
    Cash from Financing-324-683-273425819-141-69-782
    SummaryCapital Expenditure
    Free Cash Flow408241201-708-843-110274602
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    GAYAPROJ · CAPITAL_INTENSIVE

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