GMR Airports Limited

BSE: GMRAIRPORT532754ISIN INE776C01039

Services
Airport & Airport services
BSE 200

Share price

₹94.92+3.92 (+4.31%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹115.60
52W low: ₹84.22
Off 52W high: -17.89%
1M return: +2.15%
3M return: -10.87%
6M return: -4.40%
1Y return: -0.20%
20D avg volume: 27,34,412
50 DMA: ₹93.60
200 DMA: ₹98.47

Key ratios Consolidated

Market cap: ₹1,01,194 Cr
Current price: ₹94.92
52W high / low: ₹115.60 / ₹84.22
Face value: ₹1.00
P/E: 128.45
P/B: —
EPS (TTM): ₹0.74
Book value / share: —
ROE: —
ROCE: 10.00%
Operating margin: —
Net margin: —
Debt / equity: -27.24
Net debt: ₹41,586 Cr
Interest cover: 1.09
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -4.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	4,095	3,964	3,938	3,994	3,670	3,205	2,863	2,653	2,495	2,402	2,447	2,227
	93.05	120.53	104.74	88.74	84.39	115.47	113.42	94.98	102.63	120.09	123.70	124.01
	4,188	4,085	4,043	4,083	3,754	3,321	2,977	2,748	2,598	2,522	2,570	2,351
	4,106	3,910	3,895	3,675	3,697	3,478	3,300	2,969	3,141	2,862	2,858	2,808
	61.35	62.61	54.64	58.40	55.01	59.80	42.80	41.16	42.99	36.58	30.93	26.43
	265.10	233.15	284.19	229.55	553.92	40.09	25.26	65.73	41.78	31.49	11.72	53.17
	458.92	460.19	441.95	434.85	431.99	408.28	393.52	386.09	367.96	338.33	356.28	321.10
	992.70	937.93	949.91	916.94	1,043	949.10	955.16	829.14	1,031	889.42	822.97	857.20
	493.33	455.60	452.08	464.59	431.34	488.65	491.30	478.74	474.23	466.16	404.81	392.51
	1,862	1,742	1,751	1,515	1,557	1,529	1,377	499.98	512.84	511.11	558.09	556.76
	82.54	174.12	147.43	407.75	57.50	-157.61	-323.72	-221.19	-543.38	-339.23	-287.43	-457.12
	0.00	0.00	-6.40	-183.12	35.00	46.02	90.06	408.60	108.73	0.00	100.75	-30.43
	82.54	174.12	141.03	224.63	92.50	-111.59	-233.66	187.41	-434.65	-339.23	-186.68	-487.55
	72.00	75.21	-98.18	71.73	68.08	72.07	56.82	44.18	42.75	37.84	19.19	21.59
	65.38	147.96	400.49	173.96	35.06	-137.11	-252.66	202.10	-428.77	-337.57	-167.58	-486.40
	-0.01	0.09	0.29	0.12	-0.04	-0.20	-0.23	0.25	-0.29	-0.23	-0.20	-0.53
Key metrics
	1,569	1,568	1,543	1,606	1,566	1,326	1,213	1,495	1,071	1,016	1,041	762.16
	38.30%	39.50%	39.20%	40.20%	42.70%	41.40%	42.40%	56.40%	42.90%	42.30%	42.50%	34.20%
	1.60%	3.70%	10.20%	4.40%	1.00%	-4.30%	-8.80%	7.60%	-17.20%	-14.10%	-6.80%	-21.80%
	2.30%	—	2.60%	—	2.60%	—	1.80%	—	—	—	—	—
	11.60%	23.70%	37.50%	50.50%	47.10%	33.40%	17.00%	19.20%	—	—	—	—
	86.50%	207.90%	258.50%	-13.90%	108.20%	59.40%	-50.80%	141.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	15,992	14,807	10,414	8,755	6,693	4,601	6,229	8,556	7,565	8,721	10,999
	407.06	393.34	421.65	452.40	595.59	358.44	634.08	666.59	719.84	553.04	632.58
	16,399	15,201	10,836	9,207	7,289	4,959	6,863	9,222	8,285	9,274	11,632
	15,587	14,746	12,263	10,183	8,355	5,406	9,327	10,536	9,538	9,880	13,002
	237.00	227.85	163.53	94.41	96.57	92.57	755.94	434.85	348.16	388.33	164.01
	1,012	1,108	164.26	113.48	138.19	52.37	954.37	830.45	606.08	—	—
	1,796	1,717	1,486	1,242	969.38	755.12	754.64	831.21	759.88	—	—
	3,797	3,859	3,705	2,929	2,343	2,019	3,172	3,545	2,684	2,316	3,911
	1,866	1,837	1,910	1,466	1,042	889.40	1,005	1,064	983.96	—	1,543
	6,870	6,352	4,847	1,920	1,826	1,253	1,787	1,512	1,718	1,486	1,828
	811.84	455.06	-1,428	-976.50	-1,066	-447.05	-2,464	-1,314	-1,254	-605.80	-1,370
	-189.52	-108.50	607.39	115.08	254.34	-388.26	-880.57	-680.91	-2,212	0.00	1,482
	622.32	346.56	-820.13	-861.42	-811.83	-835.31	-3,344	-1,995	-3,466	-605.80	111.28
	120.76	113.70	181.59	192.63	114.07	12.30	262.43	84.92	87.42	45.49	737.03
	787.79	472.39	-816.90	-827.50	-839.93	-1,131	-3,428	-2,202	-3,356	-1,115	-487.54
	0.49	0.17	-0.43	-0.93	-0.30	-0.98	-4.63	-4.02	-6.16	—	—
Key metrics
	6,285	6,042	4,795	3,533	2,574	2,073	832.22	2,614	202.17	1,711	5,566
	39.30%	40.80%	46.00%	40.40%	38.50%	45.10%	13.40%	30.60%	2.70%	19.60%	50.60%
	4.93%	3.20%	-7.80%	-9.50%	-12.50%	-24.60%	-55.00%	-25.70%	-44.40%	-12.80%	-4.40%
	—	10.00%	7.20%	—	—	—	—	—	—	—	—
	29.05%	42.20%	19.00%	30.80%	45.50%	-26.10%	-27.20%	13.10%	-13.30%	-20.70%	—
	—	157.80%	1.30%	1.50%	25.80%	67.00%	-55.70%	34.40%	-201.10%	-128.60%	—
	—	1,555	-686.32	—	—	—	—	—	—	—	—
	—	10.34	-4.21	—	—	—	—	—	—	—	—
	—	-27.24	-21.04	—	—	—	—	—	—	—	—
	—	41,586	37,078	—	—	—	—	—	—	—	—
	—	-4.7	-10.9	—	—	—	—	—	—	—	—
Balance sheet
	—	54,764	48,757	—	—	—	—	—	—	—	—
	—	9,792	5,836	—	—	—	—	—	—	—	—
	—	610.24	555.66	—	—	—	—	—	—	—	—
	—	596.28	530.94	—	—	—	—	—	—	—	—
	—	540.18	162.23	—	—	—	—	—	—	—	—
	—	406.10	275.19	—	—	—	—	—	—	—	—
	—	26,876	26,756	—	—	—	—	—	—	—	—
	—	1,328	1,005	—	—	—	—	—	—	—	—
	—	12,708	8,860	—	—	—	—	—	—	—	—
	—	42,196	37,634	—	—	—	—	—	—	—	—
	—	7,698	3,910	—	—	—	—	—	—	—	—
	—	34,498	33,724	—	—	—	—	—	—	—	—
	—	-1,549	-1,789	—	—	—	—	—	—	—	—
Cash flow
	—	4,884	3,443	—	—	—	—	—	—	—	—
	—	-3,577	-3,673	—	—	—	—	—	—	—	—
	—	-1,238	-1,010	—	—	—	—	—	—	—	—
	—	3,329	4,129	—	—	—	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,133	1,224	1,581	1,239	945.10	477.97	507.72	270.92	282.42	202.34	26.89	105.02
	6.54	5.89	21.74	16.10	2.53	13.11	2.31	0.19	0.93	0.25	7.37	1.99
	1,140	1,230	1,602	1,255	947.63	491.08	510.03	271.11	283.35	202.59	34.26	107.01
	1,138	1,151	1,217	1,197	1,103	669.08	441.51	320.14	453.74	345.78	45.67	138.76
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	261.55	233.29	284.52	233.71	576.59	1.28	2.30	2.53	0.33	0.82	—	—
	69.70	74.13	71.50	67.57	57.71	29.38	16.44	15.19	22.13	13.48	9.90	10.36
	295.88	289.74	291.57	281.01	384.03	297.07	288.31	165.24	280.99	227.85	17.61	112.64
	21.28	20.54	19.80	20.33	12.71	3.53	3.82	4.52	4.41	4.22	1.04	1.65
	514.86	515.36	588.14	538.53	499.63	338.10	130.40	19.93	30.45	20.28	17.12	14.11
	1.28	78.65	384.88	58.07	-155.38	-178.00	68.52	-49.03	-170.39	-143.19	-11.41	-31.75
	0.00	0.00	-5.68	-7.61	0.00	0.00	-0.69	—	106.83	—	55.11	-2.93
	1.28	78.65	379.20	50.46	-155.38	-178.00	67.83	-49.03	-63.56	-143.19	43.70	-34.68
	-0.85	20.97	-23.77	0.00	-22.00	0.00	0.00	0.40	0.08	2.47	—	—
	2.13	57.68	402.97	50.46	-133.38	-178.00	67.83	-49.43	-63.48	-145.66	43.70	-34.68
	0.00	0.05	0.38	0.05	-0.12	-0.17	0.06	-0.05	-0.06	-0.15	0.07	-0.06
Key metrics
	318.44	388.93	690.57	351.80	241.36	122.60	359.96	120.73	221.84	88.88	62.35	79.61
	28.10%	31.80%	43.70%	28.40%	25.50%	25.70%	70.90%	44.60%	78.50%	43.90%	231.90%	75.80%
	0.20%	4.70%	25.50%	4.10%	-14.10%	-37.20%	13.40%	-18.20%	-22.50%	-72.00%	162.50%	-33.00%
	0.40%	—	0.80%	—	0.30%	—	0.50%	—	—	—	—	—
	19.90%	156.10%	211.30%	357.20%	234.60%	136.20%	1,788.10%	158.00%	—	—	—	—
	101.60%	132.40%	494.10%	202.10%	-110.10%	-22.20%	55.20%	-42.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	5,176	4,242	1,263	264.02	101.94	39.06	1,449	1,155	1,101	1,106	1,180
	50.27	53.48	3.68	9.73	24.15	1.00	19.48	7.90	47.86	52.35	2.65
	5,227	4,296	1,267	273.75	126.09	40.06	1,468	1,163	1,149	1,158	1,182
	4,704	4,186	1,561	287.97	237.09	123.86	1,955	1,627	1,715	1,652	1,212
	0.00	0.00	0.00	—	—	—	662.56	360.39	338.31	376.53	113.07
	1,013	1,096	5.98	—	0.66	19.85	—	—	—	—	—
	282.90	226.16	67.24	39.15	31.48	1.23	28.76	40.71	47.29	—	—
	1,158	1,254	962.39	192.26	116.30	78.98	890.71	892.93	845.65	821.61	744.74
	81.95	56.37	16.97	5.71	0.35	0.91	21.50	23.52	24.49	19.06	16.13
	2,157	1,964	509.67	50.85	88.30	21.65	157.06	133.09	125.18	144.37	103.65
	522.88	109.57	-294.09	-14.22	-111.00	-83.80	-487.17	-463.67	-566.43	-493.37	-29.86
	-13.29	-13.29	106.14	52.18	120.57	-16.79	-796.85	-990.47	-475.96	-1,437	-3,654
	509.59	96.28	-187.95	37.96	9.57	-100.59	-1,284	-1,454	-1,042	-1,931	-3,684
	-3.65	-45.77	2.79	0.15	—	58.72	3.86	24.98	8.08	0.09	0.09
	513.24	142.05	-190.74	37.81	9.57	-309.78	-1,280	-1,479	-1,034	-1,931	-3,684
	0.48	0.13	-0.19	0.06	0.02	-0.26	-2.12	-2.45	-0.93	—	—
Key metrics
	1,750	1,406	791.41	235.93	126.22	-20.70	-371.81	-537.69	-172.25	-1,090	-2,923
	33.80%	33.20%	62.60%	89.40%	123.80%	-53.00%	-25.70%	-46.50%	-15.60%	-98.60%	-247.80%
	9.91%	3.30%	-15.10%	14.30%	9.40%	-793.10%	-88.40%	-128.10%	-93.90%	-174.60%	-312.30%
	—	1.70%	1.10%	—	—	—	—	—	—	—	—
	135.11%	235.80%	378.50%	159.00%	161.00%	-97.30%	25.40%	4.90%	-0.40%	-6.30%	—
	—	174.50%	-604.50%	295.10%	103.10%	75.80%	13.50%	-43.00%	46.40%	47.60%	—
	—	19.42	403.85	—	—	—	—	—	—	—	—
	—	0.72	-2.16	—	—	—	—	—	—	—	—
	—	0.18	0.16	—	—	—	—	—	—	—	—
	—	10,521	8,627	—	—	—	—	—	—	—	—
	—	12.2	22.1	—	—	—	—	—	—	—	—
Balance sheet
	—	82,526	73,182	—	—	—	—	—	—	—	—
	—	3,159	1,069	—	—	—	—	—	—	—	—
	—	105.32	16.72	—	—	—	—	—	—	—	—
	—	195.85	165.67	—	—	—	—	—	—	—	—
	—	414.17	3.48	—	—	—	—	—	—	—	—
	—	104.93	44.13	—	—	—	—	—	—	—	—
	—	71.57	35.01	—	—	—	—	—	—	—	—
	—	468.07	92.83	—	—	—	—	—	—	—	—
	—	2,718	525.26	—	—	—	—	—	—	—	—
	—	10,626	8,644	—	—	—	—	—	—	—	—
	—	1,873	1.68	—	—	—	—	—	—	—	—
	—	8,753	8,642	—	—	—	—	—	—	—	—
	—	59,564	54,050	—	—	—	—	—	—	—	—
Cash flow
	—	102.73	412.63	—	—	—	—	—	—	—	—
	—	-229.57	-1,132	—	—	—	—	—	—	—	—
	—	217.12	704.27	—	—	—	—	—	—	—	—
	—	83.31	8.78	—	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +246.54%
Sales CAGR 5Y: +23.97%
Profit CAGR 3Y: +145.76%
Profit CAGR 5Y: —
Sales YoY (TTM): +135.11%
Profit YoY (TTM): +275.18%

Consolidated

Sales CAGR 3Y: +30.30%
Sales CAGR 5Y: +18.91%
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +29.05%
Profit YoY (TTM): +616.21%

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 Sep 2026

Promoter holding: 67.46%

Quarter	September 2026	June 2026
Promoter %	67.46%	67.14%

Holder	Type	Holding	Previous	Change
Aeroports de Paris S.A.	Promoter	26.21%	26.46%	-0.25%
GMR ENTERPRISES PRIVATE LIMITED	Promoter	13.65%	13.78%	-0.13%
GMR INFRA ENTERPRISES PRIVATE LIMITED	Promoter Group	11.54%	11.65%	-0.11%
GMR BUSINESS AND CONSULTANCY LLP	Promoter Group	7.18%	7.25%	-0.07%
GVL Investments Pvt. Ltd	Promoter Group	4.28%	4.32%	-0.04%
GMR INFRA SERVICES PRIVATE LIMITED	Promoter Group	3.37%	2.44%	+0.93%
FIDELITY ADVISOR INTERNATIONAL CAPITAL APPRICIATIO	Public	1.73%	1.71%	+0.02%
GQG PARTNERS EMERGING MARKETS EQUITY FUND	Public	1.65%	1.72%	-0.07%
GRAM LIMITED	Public	1.48%	2.60%	-1.12%
ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA BIRLA S	Public	1.10%	—	—
HYDERABAD JABILLI PROPERTIES PRIVATE LIMITED	Promoter Group	0.54%	0.54%	0.00%
VARALAKSHMI ENTERPRISES LLP	Promoter Group	0.33%	0.33%	0.00%
GMR INFRA VENTURES LLP	Promoter Group	0.29%	0.30%	-0.01%
GRANDHI SATYAVATHI SMITHA	Promoter Group	0.02%	0.02%	0.00%
G RAGINI	Promoter Group	0.02%	0.02%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
GMR Airports Limited	1,01,194	94.92	128.45	10.00%	+29.05% TTM	+616.21% TTM	-0.20%
DREAMFOLKS SERVICES LIMITED	311	58.30	-6.83	5.50%	-85.42% TTM	-170.59% TTM	-54.26%

Filings & corporate actions

Recent announcements

Transcript of Earnings Call on the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 20264 Nov 2026 · Company Update / Analyst / Investor Meet
Audio Recording of the Presentation on the Un-audited Financial Results (standalone and consolidated) for the quarter and half year ended September 30, 202629 Oct 2026 · Company Update / Analyst / Investor Meet
Press Release on the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 202629 Oct 2026 · Company Update / Press Release / Media Release
Investor Presentation on the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 202628 Oct 2026 · Company Update / Investor Presentation
Change in Director28 Oct 2026 · Company Update / Resignation of Director
Change in Director28 Oct 2026 · Company Update / Change in Directorate
Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 202628 Oct 2026 · Result / Financial Results
Outcome of Board Meeting - October 28, 202628 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Schedule of Earnings Call with Investors/Analysts26 Oct 2026 · Company Update / Analyst / Investor Meet
GMR Airports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve Un-audited Financial Results of ....25 Oct 2026 · Board Meeting / Board Meeting
Newspaper publication for Special Window for Transfer and Dematerialisation of Physical Securities23 Oct 2026 · Company Update / Newspaper Publication
Monthly Traffic Update16 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 202615 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Incorporation of Wholly-owned Subsidiary14 Oct 2026 · Company Update / Acquisition
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GQG Partners LLC10 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation regarding Resignation of Mr. Alexis Benjamin Riols as Executive Director & Deputy CEO of the Company and Continuation as Non-Executive Director of the Company8 Oct 2026 · Company Update / Resignation of Director
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Allotment of Equity Shares upon conversion of Optionally Convertible Redeemable Preference Shares29 Sep 2026 · Company Update / Allotment of Equity Shares
Intimation regarding voluntary redemption of Non-Convertible Bonds along with accrued Interest and redemption premium28 Sep 2026 · Others / Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
Receipt of Award by GMR Hospitality Limited, Indian Subsidiary of the Company23 Sep 2026 · Company Update / Award of Order / Receipt of Order
Voting Results of the AGM along with the Consolidated Scrutinizers Report22 Sep 2026 · AGM/EGM / AGM
Proceedings of the 30th Annual General Meeting of GMR Airports Limited held today i.e. Monday, September 21, 202621 Sep 2026 · AGM/EGM / AGM
Update on Tariff Matters in relation to Delhi International Airport Limited, Subsidiary of the Company20 Sep 2026 · Company Update / General
ESG Rating18 Sep 2026 · Company Update / General
Monthly Traffic Updates- August 202615 Sep 2026 · Company Update / General
Intimation of Schedule of meetings with Institutional Investors9 Sep 2026 · Company Update / Analyst / Investor Meet
Allotment of Non - Convertible Bonds9 Sep 2026 · Company Update / Allotment of Equity Shares
Notice for Voluntary Redemption of Non-Convertible Bonds7 Sep 2026 · Company Update / General
Issuance of Non-Convertible Bonds7 Sep 2026 · Company Update / Issue of Securities
Credit Ratings2 Sep 2026 · Company Update / Credit Rating
Newspaper Advertisements in respect of 30th Annual General Meeting for the financial year 2025-2628 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the Financial Year 2025-2627 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of the 30th Annual General Meeting of the Company27 Aug 2026 · AGM/EGM / AGM
Notice of the 30th Annual General Meeting of the Company27 Aug 2026 · AGM/EGM / AGM
30th Annual Report of the Company for the financial year 2025-2627 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation regarding Newspaper Advertisement in respect of 30th Annual General Meeting of the Company26 Aug 2026 · Company Update / Newspaper Publication
Update on Tariff in relation to subsidiary of the Company, GMR Hyderabad International Airport Limited26 Aug 2026 · Company Update / General
Intimation under Regulations 30 and 51 of SEBI Listing Regulations - Credit Ratings25 Aug 2026 · Company Update / Credit Rating
Intimation of Schedule of meetings with the Institutional Investors at Conference under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201522 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication for Special Window for Transfer and Dematerialisation of Physical Securities22 Aug 2026 · Company Update / Newspaper Publication

Board meetings

28 Oct 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results