GHV INFRA PROJECTS LIMITED

BSE: GHVINFRA505504ISIN INE809Q01020

Industrials
Civil Construction

BSE listing

Share price

₹280.45+3.20 (+1.15%)

as of 18 Sep 2026

52W high: ₹368.50
52W low: ₹173.30
Off 52W high: -23.89%
1M return: -1.65%
3M return: +27.80%
6M return: -2.66%
1Y return: -12.13%
20D avg volume: 13,721
50 DMA: ₹269.20
200 DMA: ₹268.55

Key ratios Consolidated

Market cap: ₹2,021 Cr
Current price: ₹280.45
52W high / low: ₹368.50 / ₹173.30
Face value: ₹5.00
P/E: 0.00
P/B: —
EPS (TTM): ₹0.00
Book value / share: —
ROE: —
ROCE: 32.30%
Operating margin: —
Net margin: —
Debt / equity: 1.46
Net debt: ₹182.73 Cr
Interest cover: 3.01
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 0.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q4 FY25
Income statement
	218.60	213.52	137.73	—
	0.28	0.13	0.19	—
	207.08	189.21	120.00	—
	59.79	66.00	83.02	—
	0.00	0.00	0.00	—
	8.08	10.01	5.65	—
	12.04	14.36	9.45	—
	0.68	0.79	0.91	—
	139.99	100.42	20.83	—
	11.80	24.44	17.91	—
	0.00	0.00	0.00	—
	11.80	24.44	17.91	—
	4.27	6.56	2.85	—
	7.36	18.17	14.55	—
	1.02	2.52	2.02	—
Key metrics
	24.52	39.59	28.27	—
	11.20%	18.50%	20.50%	—
	3.40%	8.50%	10.60%	—
	—	12.90%	—	—

Metric	FY26	FY25
Income statement
	615.47	—
	0.39	—
	550.98	—
	163.38	—
	0.00	—
	23.85	—
	32.24	—
	1.79	—
	334.05	—
	64.88	—
	0.00	—
	64.88	—
	15.64	—
	49.02	—
	6.80	—
Key metrics
	98.91	—
	16.10%	—
	8.00%	—
	32.30%	—
	-66.99	—
	-1.30	—
	1.46	—
	182.73	—
	0.5	—
Balance sheet
	593.45	—
	428.68	—
	8.97	—
	126.72	—
	17.56	—
	168.96	—
	3.03	—
	143.48	—
	293.05	—
	191.70	—
	23.86	—
	167.84	—
	131.49	—
Cash flow
	-63.66	—
	-104.09	—
	176.69	—
	3.33	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	218.60	213.60	127.71	183.77	80.46	164.96	—
	0.28	0.13	0.19	0.06	0.01	0.00	—
	203.35	187.14	119.37	167.98	74.15	145.85	—
	59.79	66.00	83.02	87.37	66.66	144.44	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	7.13	9.36	5.25	4.15	4.05	3.29	—
	12.04	14.36	9.45	6.43	1.99	1.30	—
	0.49	0.79	0.84	0.05	0.04	0.02	—
	137.41	99.01	20.66	70.50	2.98	1.15	—
	15.53	26.58	8.53	15.85	6.32	19.11	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	15.53	26.58	8.53	15.85	6.32	19.11	—
	4.27	6.74	2.05	4.63	1.60	5.13	—
	11.25	19.84	6.48	11.22	4.72	13.98	—
	1.56	2.75	0.90	1.56	3.27	9.70	—
Key metrics
	28.06	41.73	18.82	22.33	8.35	20.43	—
	12.80%	19.50%	14.70%	12.20%	10.40%	12.40%	—
	5.10%	9.30%	5.10%	6.10%	5.90%	8.50%	—
	—	14.00%	—	7.70%	—	27.10%	—
	171.70%	29.50%	—	—	—	—	—
	138.30%	41.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	743.68	605.53	184.88	—
	0.66	0.39	0.00	—
	677.84	548.64	161.56	—
	296.18	163.38	166.35	—
	0.00	0.00	0.00	—
	25.89	22.79	4.76	—
	42.28	32.23	1.58	—
	2.17	1.72	0.02	—
	327.58	332.82	2.08	—
	66.49	57.28	23.33	—
	0.00	0.00	0.00	—
	66.49	57.28	23.33	—
	17.69	15.03	6.18	—
	48.79	42.26	17.15	—
	6.77	5.86	35.47	—
Key metrics
	110.94	91.23	24.93	—
	14.92%	15.10%	13.50%	—
	6.56%	7.00%	9.30%	—
	—	30.70%	33.10%	—
	—	227.50%	—	—
	—	146.40%	—	—
	—	-57.07	-55.63	—
	—	-1.29	-3.24	—
	—	1.55	0.73	—
	—	182.66	30.90	—
	—	-5.0	35.2	—
Balance sheet
	—	582.47	221.43	—
	—	408.43	161.31	—
	—	8.96	0.03	—
	—	116.20	133.56	—
	—	17.55	13.24	—
	—	141.55	14.18	—
	—	2.46	0.14	—
	—	141.99	128.97	—
	—	290.54	146.20	—
	—	191.62	30.93	—
	—	23.86	0.00	—
	—	167.76	30.93	—
	—	123.51	42.57	—
Cash flow
	—	-54.38	-55.63	—
	—	-113.30	-0.70	—
	—	176.61	56.35	—
	—	2.69	0.00	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 63.98%

Quarter	June 2026	March 2026	December 2025	September 2025	June 2025
Promoter %	63.98%	63.98%	70.41%	73.98%	73.98%

Holder	Type	Holding	Previous	Change
JHV COMMERCIALS LLP	Promoter	58.78%	58.78%	0.00%
FORTUNE FINANCIAL AND EQUITIES SERVICES PRIVATE LIMITED	Public	10.00%	10.00%	0.00%
HUSENA A MUSAMJI	Promoter	5.20%	5.20%	0.00%
KALPESH KANTILAL PATEL	Public	2.08%	2.08%	0.00%
FEEL GOOD HOTELS PRIVATE LIMITED	Public	2.08%	2.08%	0.00%
PARESHABEN KAMLESHBHAI MODI	Public	1.73%	1.73%	0.00%
KAMLESHKUMAR PRAHLADBHAI MODI	Public	1.73%	1.73%	0.00%
SANGITABEN ROHITBHAI MODI	Public	1.73%	1.73%	0.00%
UTSAV ROHIT MODI	Public	1.73%	1.73%	0.00%
Rohitkumar Prahladbhai Modi	Public	1.55%	1.73%	-0.18%
PAYAL KALPESH PATEL	Public	1.35%	1.49%	-0.14%
ARVIND AWADHNATH SHARMA	Promoter	0.00%	0.00%	0.00%
CHIRAG DEEPAK DEDHIA	Promoter	0.00%	0.00%	0.00%
MANISHA ARVIND SHARMA	Promoter	0.00%	0.00%	0.00%
BHADRA PAPER MILLS LIMITED	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

The Company has informed the exchange about the Newspaper Publication of 49th AGM Notice for the Financial Year 2025-26 along with the e-voting information.3 Sep 2026 · Company Update / Newspaper Publication
The Company has informed the exchange about the 49th Annual Report for the Financial Year 2025-261 Sep 2026 · Others / Reg. 34 (1) Annual Report
The Company has informed the exchange about the Notice of 49th Annual General Meeting of the Company is schedule to be held on Friday, September 25, 2026 at 03:00 P.M. through VC/OAVM1 Sep 2026 · AGM/EGM / AGM
The Company has informed the exchange about the Newspaper publication of 49th Annual General Meeting of the Company to be held on September 25, 2026 through Video Conferencing (VC)/ Other ....29 Aug 2026 · Company Update / Newspaper Publication
The Company has informed the exchange about the Allotment of Fully Paid Up Equity shares of Face Value Rs. 05/- each pursuant to Conversion of Convertible Warrants27 Aug 2026 · Company Update / Allotment of Equity Shares
The Company has informed the exchange about the Receipt of NOC letter from BSE for Re-classification of Promoter under Regulation 31A of SEBI (LODR), 201517 Aug 2026 · Company Update / General
The Company has informed the exchange about the Newspaper Publication of Unaudited Financial Results for the Quarter ended June 30, 202612 Aug 2026 · Company Update / Newspaper Publication
The Company has informed the exchange about the Media Release on the Unaudited Financial Results for the Quarter ended June 30, 202611 Aug 2026 · Company Update / Press Release / Media Release
The Company has informed the exchange about the Monitoring Agency Report for the Quarter ended June 30, 2026 as issued by Acuite Ratings & Research Limited, Monitoring Agency10 Aug 2026 · Company Update / Monitoring Agency Report
The Company has informed the exchange regarding the Appointment of Additional Independent Directors on the Board of the Company.10 Aug 2026 · Company Update / Change in Directorate
The Company has informed the exchange about the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 202610 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on August 10, 202610 Aug 2026 · Board Meeting / Outcome of Board Meeting
GHV Infra Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Standalone and ....5 Aug 2026 · Board Meeting / Board Meeting
Please find attached the Clarification on the movement in price30 Jul 2026 · Company Update / General
The Exchange has sought clarification from GHV Infra Projects Ltd on July 29, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....29 Jul 2026 · Company Update / Clarification
The Company has informed to the exchange about the Certificate received under 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended June 30, 2026 from MUFG Intime India Private Limited6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Company has informed the exchange about the Revision in Credit Rating as issued by Acuite Ratings & Research Limited1 Jul 2026 · Company Update / Credit Rating
Intimation of Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Company has informed the exchange about the Receipt of Work Order worth appx. Rs. 213 Crores from GHV (India) Private Limited22 Jun 2026 · Company Update / Award of Order / Receipt of Order
As per enclosed intimation26 May 2026 · Company Update / General
The Company has informed the exchange about the newspaper publication of Audited Financial Results for the Quarter and Year ended March 31, 202625 May 2026 · Company Update / Newspaper Publication
The Company has informed the exchange that the Board in its meeting held on today i.e. May 22, 2026 has approved the reclassification from ''Promoter Category" to ''public shareholder category'' ....22 May 2026 · Company Update / General
The Company has informed the exchange about the Appointment of Internal Auditor and Cost Auditor of the Company for the Financial Year 2026-2722 May 2026 · Company Update / Change in Management
The Company has informed the exchange about the Financial Results for the Quarter and Year ended March 31, 202622 May 2026 · Result / Financial Results
The Company has informed the exchange about the Outcome for the Board Meeting held on today i.e. Friday, May 22, 202622 May 2026 · Board Meeting / Outcome of Board Meeting
GHV Infra Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve Audited Standalone & Consolidated ....19 May 2026 · Board Meeting / Board Meeting
The Company has informed the exchange about the Receipt of Letter of Intent (LOI) from Cameroon Tyres Factory Project SA9 May 2026 · Company Update / Award of Order / Receipt of Order
The Company has informed the exchange that it has incorporated GHV Infra Inc. as a Wholly Owned Subsidiary in the state of Ohio, United States of America (USA).8 May 2026 · Company Update / General
The Company has informed the exchange about the Monitoring Agency Report for the Quarter ended March 31, 2026 as issued by Monitoring Agency, Acuite Ratings and Research Limited.8 May 2026 · Company Update / Monitoring Agency Report
The Company has informed the exchange that the Executive Committee of the Board of Directors of GHV Infra Projects Limited at its meeting held on today i.e. Thursday, April 30, 2026 has ....30 Apr 2026 · Company Update / General
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....29 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
The Company has informed the exchange about the Construction contract entered between GHV Infra Project Limited (the Company) and APCO Infratech Private Limited15 Apr 2026 · Company Update / Award of Order / Receipt of Order
The Company has informed the exchange about the Receipt of EPC Contract from Ductor Americas Inc. worth Rs. 840 Crore Appx.14 Apr 2026 · Company Update / Award of Order / Receipt of Order
The Company has informed the exchange about the Press Release/Media Release title ''GHV Infra Projects Secures Rs. 1,250 crores EPC Contract for Expressway Project in Maharashtra"14 Apr 2026 · Company Update / Press Release / Media Release
The Company has informed the exchange about the Construction Contract entered between GHV Infra Projects Limited (''the Company'') and APCO Infratech Private Limited12 Apr 2026 · Company Update / Award of Order / Receipt of Order
The Company has informed the exchange about receipt of Work Order from GHV (India) Private Limited9 Apr 2026 · Company Update / Award of Order / Receipt of Order
The Company has informed the exchange about receipt of Work Order from GHV (India) Private Limited9 Apr 2026 · Company Update / Award of Order / Receipt of Order
As per the attached Intimation letter7 Apr 2026 · Company Update / General
The Company has informed the exchange regarding the Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the Quarter ended March 31, 20262 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Company has informed the exchange about the Outcome of Postal Ballot31 Mar 2026 · AGM/EGM / Postal Ballot

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.5/-	16 Sep 2025	16 Sep 2025	—
Bonus issue 3:2	16 Sep 2025	16 Sep 2025	—

Board meetings

10 Aug 2026 Board Meeting - Financial Results