Rs 16,887 crore order book: Road infra company emerges as lowest bidder (L1) for an order worth Rs 290.23 crore from Jharkhand

DSIJ Intelligence-1 / 25 Jul 2025/ Categories: Mindshare, Trending

Rs 16,887 crore order book: Road infra company emerges as lowest bidder (L1) for an order worth Rs 290.23 crore from Jharkhand

The shares of the company have a PE of 12x, an ROE of 13 per cent and an ROCE of 14 per cent.

G R Infraprojects Limited has emerged as the lowest bidder (L1) for a Rs 290.23 crore EPC project from the State Highway Authority of Jharkhand. The project involves the construction of the Giridih Bypass (towards Tundi) road, spanning 26.672 km. This undertaking is expected to be completed within 24 months from the appointed date. The company will provide further updates on this development. Additionally, the trading window for designated persons remains closed until 48 hours after the Q1 FY26 financial results announcement.

Earlier, GR Varanasi Kolkata Highway Private Limited, a wholly owned subsidiary, received an official letter from NHAI as the appointed date for the "Construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Anarbansalea village to Sagrampur village (Package 7)" project in Bihar. This 33.50 km stretch, part of the Bharatmala Pariyojana, is valued at Rs 1248.37 crore and will be completed within 730 days under a Hybrid Annuity Mode.

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Established in 1995, G R Infraprojects Ltd is an integrated road EPC company experienced in designing and constructing various road and highway projects across India. Primarily focused on civil construction through EPC and BOT models in the road sector, GRIL has designed and built over 100 road projects across numerous states. Its core business includes EPC, BOT, and HAM projects in roads, as well as EPC in railway, metro, airport runways, and OFC; the company has also diversified into power transmission and manages 10 operational assets.

According to the financials, GR Infraprojects Ltd has a market cap of over Rs 12,000 crore and the order book as of December 31, 2024, stands at Rs 16,887 crore. The company reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The shares of the company have a PE of 12x, an ROE of 13 per cent and an ROCE of 14 per cent. The stock is up 45.4 per cent from its 52-week low of Rs 902.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.