GMR Urban share price & results
- Jun 2026
- Sept 2026
GMR power arm: thermal/hydro/solar/wind plants, UP smart-meter rollout, toll roads and a TN land bank.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,705 | +3.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 26.0 | +2.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -35.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -33.01 | +18.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 16.82 | −26.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 15.80 | −25.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −23.7% 1Y
1Y: ₹124.43 on 24 Oct 2025 → ₹94.92. High ₹132.19 (20 Nov 2025), low ₹89.74 (30 Mar 2026).
- Previous close
- ₹94.06
- Market cap
- ₹7.3k Cr
- 52-week range
- ₹89.74 – ₹132.19
- One year
- −21.72%
- Return on equity (TTM to Jun 2026)
- -33.01%
Overview
- Symbol
- NSE:GMRP&UI
- Sector
- Power
- Industry
- Utilities
- Exchange
- NSE
- Currency
- INR
What GMR Urban does
Based on the company's own presentations, annual report and earnings calls.
GMR Power and Urban Infra Limited generates electricity from thermal, hydro, solar and wind power assets and sells it to state discoms, industrial buyers and through energy trading. Its subsidiary GMR Smart Electricity Distribution is rolling out Advanced Metering Infrastructure (smart meters) under contracts with two Uttar Pradesh discoms. Through GMR Highways it operates annuity and toll-road concessions and has executed EPC works including a section of the Dedicated Freight Corridor, and it holds a land parcel in Tamil Nadu being developed as a Special Investment Region for industrial tenants.
Segments
- Energy
- Smart Metering
- Highways & EPC
- Urban Infra
- Operational thermal power capacity
- 1,650 MW across 2 plants (Kamalanga 1,050 MW, Warora 600 MW)
- Hydro power capacity under development
- 1,425 MW
- Solar power capacity
- 31 MW operational plus 10 MW under development
- Wind power capacity
- 3.4 MW operational across 2 plants
- Smart meters under contract
- 7.57 Mn smart meters across 22 districts of Uttar Pradesh (3 AMI projects: Kashi, Triveni, Agra)
- Smart meters installed to date
- ~3.9 Mn cumulatively installed (as of 30 Apr'26)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −400% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,384 | 1,611 | 1,737 | 1,648 | 1,810 | 1,869 | 2,004 | 1,705 |
| Expenses | 968 | 1,336 | 1,448 | 1,248 | 1,469 | 1,500 | 1,545 | 1,259 |
| Operating profit | 416 | 275 | 290 | 401 | 341 | 369 | 459 | 446 |
| Operating margin | 30.0% | 17.0% | 17.0% | 24.0% | 19.0% | 20.0% | 23.0% | 26.0% |
| Other income | 328 | 135 | 291 | 213 | 1,134 | 104 | 112 | 44 |
| Interest | 365 | 364 | 394 | 441 | 446 | 379 | 392 | 318 |
| Depreciation | 140 | 139 | 148 | 160 | 164 | 166 | 176 | 163 |
| Profit before tax | 239 | -94 | 38 | 13 | 865 | -72 | 2 | 9 |
| Tax rate | −4.0% | 16.0% | −28.0% | 155.0% | −3.0% | 122.0% | 5147.0% | 499.0% |
| Net profit | 250 | -108 | 49 | -7 | 895 | -160 | -114 | -35 |
| EPS (₹ per share) | 3.57 | -1.49 | 0.61 | -0.11 | 12.43 | -2.36 | -1.43 | -0.53 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 5,520 | 4,488 | 6,344 | 7,331 |
| Expenses | 5,326 | 3,600 | 4,846 | 5,762 |
| Operating profit | 196 | 889 | 1,499 | 1,570 |
| Other income | 2,524 | 786 | 2,264 | 1,563 |
| Interest | 1,337 | 1,478 | 1,571 | 1,658 |
| Depreciation | 151 | 291 | 600 | 666 |
| Profit before tax | 1,233 | -93 | 1,590 | 808 |
| Net profit | 1,139 | -128 | 1,553 | 614 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 302 | 302 | 302 | 357 | 357 | 391 |
| Reserves | -2,466 | -2,923 | -3,219 | 229 | 1,051 | 1,513 |
| Borrowings | 10,413 | 8,216 | 13,876 | 10,259 | 11,589 | 11,594 |
| Other liabilities | 5,824 | 6,208 | 8,508 | 6,137 | 3,618 | 3,551 |
| Total liabilities | 14,073 | 11,803 | 19,467 | 16,983 | 16,615 | 17,048 |
| Fixed assets | 3,013 | 2,912 | 10,938 | 8,167 | 8,045 | 7,671 |
| Capital work in progress | 0 | 0 | 358 | 505 | 461 | 457 |
| Investments | 4,978 | 2,111 | 650 | 365 | 509 | 1,190 |
| Other assets | 6,082 | 6,779 | 7,521 | 7,946 | 7,600 | 7,730 |
| Total assets | 14,073 | 11,803 | 19,467 | 16,983 | 16,615 | 17,048 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 588 | 1,215 | 1,230 | 1,690 | 2,833 | 1,260 |
| Cash from investing | 692 | 1,267 | 3,120 | -902 | -157 | -806 |
| Cash from financing | -1,603 | -2,213 | -3,840 | -1,324 | -2,417 | -583 |
| Net cash flow | -322 | 269 | 510 | -535 | 259 | -129 |
| Free cash flow | 599 | 1,265 | 1,301 | 1,651 | 2,742 | 1,233 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 113 | 55 | 36 | 125 | 98 | 59 |
| Inventory days | 18 | 12 | 5 | 52 | 151 | 88 |
| Days payable | 419 | 330 | 239 | 635 | 440 | 227 |
| Cash conversion cycle | -288 | -263 | -198 | -458 | -192 | -81 |
| Working capital days | -681 | -444 | -259 | -379 | -18 | 14 |
| Return on capital employed | — | 8.0% | 19.0% | 12.0% | 13.0% | 12.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Power contributes 78.5% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Power 78.5%
₹1,355.03 crore
- Smart Meter Infrastructure 13.0%
₹224.52 crore
- Others 3.9%
₹68.06 crore
- Roads 3.3%
₹57.04 crore
- EPC 1.2%
₹21.26 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Power | 1,355.03 | 78.5% |
| Smart Meter Infrastructure | 224.52 | 13.0% |
| Others | 68.06 | 3.9% |
| Roads | 57.04 | 3.3% |
| EPC | 21.26 | 1.2% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹1,725.91 crore
- Intersegment adjustment
- ₹20.73 crore
- Net segment revenue
- ₹1,705.18 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Roads shrank from 12% to 3% of revenue over the last two years.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Power | 80% | 85% | 80% | 81% | 79% | 68% | 65% | 79% | +0.4% |
| Smart Meter Infrastructure | — | — | 10% | 8% | 11% | 22% | 25% | 13% | +22.4% |
| Others | 5% | 5% | 4% | 5% | 5% | 6% | 5% | 4% | -26.9% |
| Roads | 12% | 4% | 4% | 4% | 3% | 2% | 3% | 3% | +8.0% |
| EPC | 3% | 5% | 2% | 2% | 1% | 1% | 2% | 1% | -12.2% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 46.53% as of Sept 2026; institutions added 0.44 pts since Jun 2026.
- Promoters 46.53%
- Foreign institutions 16.34%
- Domestic institutions 5.57%
- Public 31.54%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 12.74% held
- +0.26 pp 10.44% held
- newly disclosed 0.04% held
- newly disclosed 0.01% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of GMR Urban above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 24.91% | unchanged | |
| 12.74% | newly disclosed | |
| 10.44% | +0.26 pp | |
| 9.80% | unchanged | |
| 4.56% | unchanged | |
| AIF | 3.71% | unchanged |
| NBFC / DFI | 2.08% | unchanged |
| 1.80% | unchanged | |
| 1.20% | unchanged | |
| 0.74% | unchanged | |
| 0.40% | unchanged | |
| 0.09% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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