GMRP&UI
GMR Urban share price & financials
- Price
- ₹100.51
- Market cap
- ₹7.4k Cr
- Sector
- Power
What GMR Urban does
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)
Quarterly results
Q1 FY27: revenue up 3.5%, net profit down 400.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,384 | 1,611 | 1,737 | 1,648 | 1,810 +31% | 1,869 +16% | 2,004 +15% | 1,705 +3% |
| EBITDA | 416 | 275 | 290 | 401 | 341 −18% | 369 +34% | 459 +58% | 446 +11% |
| Net profit | 250 | -108 | 49 | -7 | 895 +258% | -160 −48% | -114 −333% | -35 −400% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −17.9% 1Y
1Y: ₹114.56 on 10 Sept 2025 → ₹94.07. High ₹132.19 (20 Nov 2025), low ₹89.74 (30 Mar 2026).
Financials, as filed
Revenue grew 9.9% a year over 3 years, FY23 to FY26. Operating margin widened to 21.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹5.5k Cr | ₹4.5k Cr | ₹6.3k Cr | ₹7.3k Cr |
| Operating profit | ₹196 Cr | ₹889 Cr | ₹1.5k Cr | ₹1.6k Cr |
| Operating margin | 3.5% | 19.8% | 23.6% | 21.4% |
| Interest | ₹1.3k Cr | ₹1.5k Cr | ₹1.6k Cr | ₹1.7k Cr |
| Depreciation | ₹151 Cr | ₹291 Cr | ₹600 Cr | ₹666 Cr |
| Net profit | ₹1.1k Cr | ₹-128 Cr | ₹1.6k Cr | ₹614 Cr |
| Net margin | 20.6% | -2.9% | 24.5% | 8.4% |
| Cash from operations | ₹1.2k Cr | ₹1.7k Cr | ₹2.8k Cr | ₹1.3k Cr |
| Free cash flow | ₹1.3k Cr | ₹1.7k Cr | ₹2.7k Cr | ₹1.2k Cr |
| ROCE | 19.0% | 12.0% | 13.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹302 Cr | ₹302 Cr | ₹302 Cr | ₹302 Cr | ₹357 Cr | ₹391 Cr |
| Reserves | ₹-2.1k Cr | ₹-2.5k Cr | ₹-2.9k Cr | ₹-3.2k Cr | ₹1.1k Cr | ₹1.5k Cr |
| Borrowings | ₹11.7k Cr | ₹10.4k Cr | ₹8.2k Cr | ₹13.9k Cr | ₹11.6k Cr | ₹11.6k Cr |
| Other liabilities | ₹5.5k Cr | ₹5.8k Cr | ₹6.2k Cr | ₹8.5k Cr | ₹3.6k Cr | ₹3.6k Cr |
| Total liabilities | ₹15.4k Cr | ₹14.1k Cr | ₹11.8k Cr | ₹19.5k Cr | ₹16.6k Cr | ₹17.0k Cr |
| Fixed assets | ₹3.1k Cr | ₹3.0k Cr | ₹2.9k Cr | ₹10.9k Cr | ₹8.0k Cr | ₹7.7k Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹358 Cr | ₹461 Cr | ₹457 Cr |
| Investments | ₹5.5k Cr | ₹5.0k Cr | ₹2.1k Cr | ₹650 Cr | ₹509 Cr | ₹1.2k Cr |
| Other assets | ₹6.8k Cr | ₹6.1k Cr | ₹6.8k Cr | ₹7.5k Cr | ₹7.6k Cr | ₹7.7k Cr |
| Total assets | ₹15.4k Cr | ₹14.1k Cr | ₹11.8k Cr | ₹19.5k Cr | ₹16.6k Cr | ₹17.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +11.24 pp while the public trimmed −10.47 pp. The shareholder count shrank 9% to 3,24,898.
- Promoters
- 46.3%
- FIIs
- 16.0%
- DIIs
- 5.5%
- Public
- 32.2%
Since Jun 2025
- FIIs +11.24 pp
- Public −10.47 pp
- Promoters −4.27 pp
How it drifted, 12 quarters
Over this window promoters fell from 59.8% to 46.3% — −13.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 59.8%, FIIs 13.9%, DIIs 2.7%, Public 23.6%.Dec '23: Promoters 59.8%, FIIs 6.5%, DIIs 2.7%, Public 30.9%.Mar '24: Promoters 59.8%, FIIs 5.1%, DIIs 2.6%, Public 32.5%.Jun '24: Promoters 59.8%, FIIs 1.5%, DIIs 2.7%, Public 35.9%.Sep '24: Promoters 50.5%, FIIs 3.4%, DIIs 2.4%, Public 43.7%.Dec '24: Promoters 50.5%, FIIs 4.0%, DIIs 2.3%, Public 43.3%.Mar '25: Promoters 50.5%, FIIs 5.0%, DIIs 2.3%, Public 42.2%.Jun '25: Promoters 50.5%, FIIs 4.8%, DIIs 2.0%, Public 42.7%.Sep '25: Promoters 50.6%, FIIs 3.9%, DIIs 1.8%, Public 43.8%.Dec '25: Promoters 50.6%, FIIs 3.8%, DIIs 1.8%, Public 43.9%.Mar '26: Promoters 46.3%, FIIs 3.4%, DIIs 5.2%, Public 45.1%.Jun '26: Promoters 46.3%, FIIs 16.0%, DIIs 5.5%, Public 32.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- GMR Estate Management Private Limited +9.55 pp 24.91% held
- Authum Investment And Infrastructure Limited NBFC / DFI newly disclosed 2.08% held
- M.Prasad & Co Limited +0.56 pp 1.80% held
- GVL Global Sports and Events FZCO (formerly Cruiser Sports and Events FZCO) newly disclosed 0.00% held
- Yehuda Investment Holdings Limited newly disclosed 0.00% held
- GVL Enterprise Pte Ltd newly disclosed 0.00% held
- Indo Taush Trading FZCO newly disclosed 0.00% held
- B Srinivas newly disclosed 0.00% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of GMR Urban above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| GMR Estate Management Private Limited | 24.91% | +9.55 pp |
| Synergy Industrials,Metals And Power Holdings Ltd FPI fund | 12.74% | unchanged |
| Gmr Enterprises Private Limited | 10.18% | −9.55 pp |
| Gmr Business And Consultancy Llp | 9.80% | unchanged |
| Gram Limited | 4.56% | unchanged |
| Credit Solutions India Trust AIF | 3.71% | unchanged |
| Authum Investment And Infrastructure Limited NBFC / DFI | 2.08% | newly disclosed |
| M.Prasad & Co Limited | 1.80% | +0.56 pp |
| Winro Commercial (India) Ltd | 1.20% | unchanged |
| Hyderabad Jabilli Properties Private Limited | 0.74% | unchanged |
| Gmr Infra Ventures Llp | 0.40% | unchanged |
| Varalakshmi Enterprises Llp | 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.
Learn to analyse GMR Urban
Guides on how to read this kind of business and the numbers that matter.