GMR Airports Infrastructure (NSE: GMRINFRA) share: Since the interim budget on 1st February, shares of GMR Airports Infrastructure, a company related to the airport business, have been rising like a rocket. This share had reached Rs 86.94 on Friday, the last trading day of the week.
The share price on January 8, 2024 was at Rs 88.70. Today on Monday, the share trading at Rs 88.75.
Company’s Quarterly Results
On the day the interim budget was presented, the December quarter results of GMR Airports Infrastructure was released. This company reported a loss for the quarter ended December 2023 of Rs. 317.46 crore.
Earlier, the company had earned a profit of Rs 191.36 crore during the September quarter. The company’s profit during the quarter ending December 2022 was Rs 1761.46 crore.
What Is The Shareholding Pattern?
Talking about the shareholding pattern of GMR Airports Infrastructure, a 59.07 percent stake is held by the promoter. At the same time, public shareholding is 40.93 percent.
As of December 2023, the individual promoter held 96,60,070 shares of the company. Apart from this, GMR Enterprises Private Limited holds 2,68,48,43,150 shares of the company.
Announcement Regarding Airport In The Budget
Nirmala Sitharaman, Finance Minister, on Thursday last week, referring to the rapid growth of the aviation industry in the past 10 years, stated that construction and expansion of airports would continue at an accelerated pace.
In his budget speech, the Finance Minister stated that the UDAN program has led to a huge expansion of air connectivity in Tier-two and Tier-three cities. In the country, 517 new routes are serving 1.3 crore passengers.
About GMR Airports Infrastructure Ltd
GMR Group, a global leader in infrastructure, has significant expertise across airports, energy, and transportation as well as urban infrastructure.
GMR Group, a global leader in infrastructure, has significant expertise across airports, energy, and transportation as well as urban infrastructure. It operates airports such as Delhi (India’s largest airport and fastest-growing airport), Hyderabad (an innovative greenfield airport), and New Goa ( India’s first airport destination).
GMR Aero Technic, India’s largest third-party MRO provider and India’s largest integrated MRO of world-class, provides technical support for aircraft operators.
The GMR Varalakshmi Foundation, the group’s CSR arm, aims to enhance people’s lives by improving skills, education, and healthcare infrastructure, fostering a better quality of life generally wherever the Group has a business presence.
Fundamental Analysis of GMR Airports Infrastructure Ltd
| Market Cap | ₹ 53,708 Cr. |
| Current Price | ₹ 89 |
| 52-wk High | ₹ 89.75 |
| 52-wk Low | ₹ 36.80 |
| Stock P/E | — |
| Book Value | ₹ -1.66 |
| Dividend | 0.00 % |
| ROCE | 4.49 % |
| ROE | % |
| Face Value | ₹ 1.00 |
| P/B Value | — |
| OPM | 29.3 % |
| EPS | ₹ -1.38 |
| Debt | ₹ 31,475 Cr. |
| Debt to Equity | — |
GMR Airports Infrastructure (GMRINFRA) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹95 | ₹110 |
| 2025 | ₹132 | ₹145 |
| 2026 | ₹155 | ₹176 |
| 2027 | ₹199 | ₹214 |
| 2028 | ₹215 | ₹254 |
| 2029 | ₹260 | ₹270 |
| 2030 | ₹287 | ₹313 |
GMR Airports Infrastructure Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 58.90% |
| Mar 2023 | 59.00% |
| June 2023 | 59.07% |
| Sept 2023 | 59.07% |
| Dec 2023 | 59.07% |
| FII Holding | |
| Dec 2022 | 27.84% |
| Mar 2023 | 28.36% |
| June 2023 | 28.15% |
| Sept 2023 | 28.01% |
| Dec 2023 | 27.38% |
| DII Holding | |
| Dec 2022 | 4.23% |
| Mar 2023 | 4.11% |
| June 2023 | 4.43% |
| Sept 2023 | 4.28% |
| Dec 2023 | 5.22% |
| Public Holding | |
| Dec 2022 | 9.05% |
| Mar 2023 | 8.54% |
| June 2023 | 8.36% |
| Sept 2023 | 8.65% |
| Dec 2023 | 8.34% |
GMR Airports Infrastructure Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 7,411 Cr |
| 2020 | ₹ 8,395 Cr |
| 2021 | ₹ 3,566 Cr |
| 2022 | ₹ 4,601 Cr |
| 2023 | ₹ 8,198 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -3,356 Cr |
| 2020 | ₹ -2,202 Cr |
| 2021 | ₹ -3,428 Cr |
| 2022 | ₹ -1,131 Cr |
| 2023 | ₹ -1,297 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | -29.22 |
| 2020 | -11.45 |
| 2021 | -18.78 |
| 2022 | -32.42 |
| 2023 | -40.29 |
Last 10 Years’ Profit Growth:
| 10 Years: | 4% |
| 5 Years: | 12% |
| 3 Years: | 23% |
| Current Year: | -45% |
Sales Growth Over 10 Years:
| 10 Years: | -4% |
| 5 Years: | -5% |
| 3 Years: | -7% |
| Current Year: | 35% |
Conclusion
This article is a complete guide about GMR Airports Infrastructure Ltd Share.
This information and forecasts are based on our research, company fundamentals, history, experiences, and various technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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