GVKPIL
GVK Power & Infrastructure financials
- Market cap
- ₹347 Cr
- Sector
- Power
What GVK Power & Infrastructure Limited does
GVK Power & Infrastructure Limited is the Secunderabad-headquartered holding company of the GVK infrastructure group, holding stakes in operating subsidiaries and step-down subsidiaries across hydro power generation, airport services, road/expressway concessions and an SEZ real-estate project. The listed entity itself has negligible direct operations — its standalone income comes mainly from corporate-guarantee commissions charged to subsidiaries such as GVK Energy Limited. Both the company and its wholly-owned subsidiary GVK Energy Limited are currently under Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with a Resolution Professional managing affairs in place of the suspended Board.
Segments
- Energy
- Airports
- Roads / Expressways
- SEZ / Realty
- Direct subsidiaries
- 7 (as of Mar 31, 2025)
- Step-down subsidiaries
- 8 (as of Mar 31, 2025)
- Hydro power subsidiaries
- Alaknanda Hydro Power Company Ltd; GVK Ratle Hydro Electric Project Pvt Ltd
- Airport-services subsidiaries
- GVK Airport Services Pvt Ltd; PT GVK Services, Indonesia
- Road/expressway concession SPV (active)
- GVK Shivpuri Dewas Expressway Pvt Ltd
- SEZ/realty subsidiary
- GVK Perambalur SEZ Private Limited
Quarterly results
Q1 FY27: revenue down 100.0%, net profit up 100.0% 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 | 391 | 143 | 44 | 81 | 0 −100% | 0 −100% | 0 −100% | 0 −100% |
| EBITDA | 361 | 115 | 5 | -283 | -3 −101% | -3 −103% | -4 −185% | -2 +99% |
| Net profit | 811 | -23 | -195 | -1,377 | -1 −100% | -1 +95% | -3 +98% | -1 +100% |
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 −37.0% 1Y
1Y: ₹3.57 on 10 Sept 2025 → ₹2.25. High ₹3.99 (18 Sept 2025), low ₹2.05 (3 Sept 2026).
Financials, as filed
Revenue fell 66.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to -363.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.1k Cr | ₹1.1k Cr | ₹802 Cr | ₹81 Cr |
| Operating profit | ₹1.3k Cr | ₹926 Cr | ₹659 Cr | ₹-293 Cr |
| Operating margin | 62.0% | 85.7% | 82.2% | -363.9% |
| Interest | ₹1.1k Cr | ₹534 Cr | ₹423 Cr | ₹31 Cr |
| Depreciation | ₹400 Cr | ₹227 Cr | ₹224 Cr | ₹22 Cr |
| Net profit | ₹3.1k Cr | ₹211 Cr | ₹598 Cr | ₹-1.4k Cr |
| Net margin | 144.8% | 19.6% | 74.5% | -1717.0% |
| Cash from operations | ₹1.6k Cr | ₹794 Cr | ₹599 Cr | ₹6 Cr |
| Free cash flow | ₹1.6k Cr | ₹784 Cr | ₹589 Cr | ₹2 Cr |
| ROCE | 15.3% | 14.8% | 10.6% | -12.3% |
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 | ₹158 Cr | ₹158 Cr | ₹158 Cr | ₹158 Cr | ₹158 Cr | ₹158 Cr |
| Reserves | ₹-3.6k Cr | ₹-4.0k Cr | ₹-1.3k Cr | ₹-1.3k Cr | ₹-1.6k Cr | ₹-1.6k Cr |
| Borrowings | ₹3.5k Cr | ₹10.5k Cr | ₹4.8k Cr | ₹4.6k Cr | ₹701 Cr | ₹701 Cr |
| Other liabilities | ₹19.9k Cr | ₹4.9k Cr | ₹4.0k Cr | ₹4.4k Cr | ₹1.3k Cr | ₹1.3k Cr |
| Total liabilities | ₹20.0k Cr | ₹11.6k Cr | ₹7.7k Cr | ₹7.8k Cr | ₹582 Cr | ₹570 Cr |
| Fixed assets | ₹387 Cr | ₹7.3k Cr | ₹3.9k Cr | ₹3.6k Cr | ₹117 Cr | ₹117 Cr |
| Capital work in progress | ₹571 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹21 Cr | ₹1.4k Cr | ₹1.5k Cr | ₹1.4k Cr | ₹110 Cr | ₹103 Cr |
| Other assets | ₹19.0k Cr | ₹2.9k Cr | ₹2.3k Cr | ₹2.8k Cr | ₹355 Cr | ₹350 Cr |
| Total assets | ₹20.0k Cr | ₹11.6k Cr | ₹7.7k Cr | ₹7.8k Cr | ₹582 Cr | ₹570 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, the public added +0.15 pp while DIIs trimmed −0.12 pp. The shareholder count shrank 5% to 4,46,590.
- Promoters
- 54.3%
- DIIs
- 0.3%
- Public
- 45.4%
Since Jun 2025
- Public +0.15 pp
- DIIs −0.12 pp
- FIIs −0.03 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 54.3%, FIIs 0.4%, DIIs 0.5%, Public 44.9%.Dec '23: Promoters 54.3%, FIIs 0.5%, DIIs 0.5%, Public 44.7%.Mar '24: Promoters 54.3%, FIIs 0.8%, DIIs 0.5%, Public 44.4%.Jun '24: Promoters 54.3%, FIIs 0.8%, DIIs 0.5%, Public 44.4%.Sep '24: Promoters 54.3%, FIIs 0.5%, DIIs 0.5%, Public 44.7%.Dec '24: Promoters 54.3%, FIIs 0.2%, DIIs 0.5%, Public 45.1%.Mar '25: Promoters 54.3%, FIIs 0.1%, DIIs 0.5%, Public 45.2%.Jun '25: Promoters 54.3%, FIIs 0.0%, DIIs 0.5%, Public 45.3%.Sep '25: Promoters 54.3%, FIIs 0.0%, DIIs 0.4%, Public 45.3%.Dec '25: Promoters 54.3%, FIIs 0.0%, DIIs 0.4%, Public 45.3%.Mar '26: Promoters 54.3%, DIIs 0.4%, Public 45.3%.Jun '26: Promoters 54.3%, DIIs 0.3%, Public 45.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of GVK Power & Infrastructure Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vertex Projects Llp | 46.41% | unchanged |
| G V Krishna Reddy | 4.31% | unchanged |
| G V Sanjay Reddy | 3.53% | unchanged |
| Krishna Ram Bhupal | 0.00% | unchanged |
| Shalini Bhupal | 0.00% | 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 GVK Power & Infrastructure Limited
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