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    GMR Airports Limited

    India's largest private airport operator, running Delhi, Hyderabad and Goa plus overseas gateways

    Services
    Services
    View GMRAIRPORT earnings calls
    ₹110.54
    +6.14% from avg

    Overview

    Price

    ₹110.54

    Market Cap

    ₹1.1L Cr

    Sector

    Services

    Services

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital6046046046046041.1k1.1k1.1k
    Reserves-3.1k-2.3k-1.4k-1.4k-2.8k-3.6k-3.8k-3.5k
    Borrowings34.4k36.9k26.6k32.2k35.9k38.2k41.5k43.3k
    Other Liabilities14.3k14.7k11.3k12.6k14.7k12.8k13.4k14.0k
    Total Liabilities46.3k49.8k37.1k43.9k48.5k48.6k52.1k54.8k
    AssetsFixed Assets16.2k12.8k10.3k15.2k28.7k28.2k28.6k29.0k
    CWIP3.8k6.6k10.2k11.2k1.7k3.8k4.6k5.4k
    Investments10.1k9.7k3.8k4.5k4.4k4.3k4.9k6.0k
    Other Assets16.2k20.8k12.8k13.1k13.7k12.2k14.0k14.4k
    Total Assets46.3k49.8k37.1k43.9k48.5k48.6k52.1k54.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2.1k1.4k33.3k2.2k3.9k3.4k4.9k
    Cash from Investing-3.6k-9872.4k-2.0k-2.3k-5.8k-3.7k-3.6k
    Cash from Financing8161.6k-1.1k-3.9k1.7k467-1.0k-1.2k
    SummaryCapital Expenditure
    Free Cash Flow-782-1.5k-1.5k194-1.7k-641-5811.6k
    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.

    GMRAIRPORT · CAPITAL_INTENSIVE

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