Stock jumps 6% after securing ₹1,200 project from Northern Railway

Synopsis: A construction company where the stock has given a 58 percent compounded return in the last 3 years, has now been declared as an L1 bidder for a bridge construction project and delivered it Q3FY26 results. 

An Engineering Procurement Construction company has been declared as the L1 bidder for the construction of a rail-cum-road bridge over the river Ganga The company in context also gave out its Q3FY26 result where it saw its net profit grow by 46 percent on a YoY basis.

With a market cap of Rs 1,308 Cr, GPT Infraprojects Ltd saw its stock hit an intraday high of Rs 112 which is 6 percent higher than the previous close of Rs 105. The stock has given a compounded return of 58 percent in the last three years.

News

GPT Infraprojects Limited has emerged as the L1 (lowest bidder) for a Rs 1,201.4 crore project under the RVNL–GPT joint venture. Holding a 40 percent stake for the company in context the order is worth Rs 480.6 crore, GPTINFRA will execute key portions, marking a significant expansion in large-scale infrastructure projects within the Northern Railway network.

The project, awarded by CAO CON, Northern Railway, involves designing and constructing a rail-cum-road bridge over the River Ganga near Kashi Railway Station. The bridge will feature four railway tracks below and a six-lane road above, including approaches, E&M, and electrical works, under the Lucknow Division in Varanasi, Uttar Pradesh.

The Q3FY26 Result

In the latest quarterly result, GPT Infraprojects Ltd has seen its revenue from operations increase by 2 percent YoY, from Rs 278 Cr in Q3FY25 to Rs 284 Cr in Q3FY26, while the QoQ increased by 14 percent from Rs 278 Cr. The net profits fell by 4.7 percent YoY and QoQ going from Rs 21 Cr in Q3FY25 and Q2FY26 to Rs 20 Cr in Q3FY26.

In 9M numbers of the fiscal year, the company saw its revenue from operations increase by 8 percent YoY, from Rs 807 Cr in 9MFY25 to Rs 875 Cr in 9MFY26. The net profits for the same period grew by 18 percent going from Rs 55 Cr to Rs 65 Cr.

The company has a 3 year sales CAGR of 21 percent, while the TTM is at 14 percent. The company’s 3 year profit CAGR is at 49 percent while the TTM is at 24 percent. The company has a ROCE of 22 percent , while the ROE is at 19 percent.

Segment wise performance 

In the latest quarter the company has seen Concrete Sleepers generate 9 percent of the total revenue while the rest 91 percent came from Infrastructure. A similar pattern can also be seen in the order book mix as well, as 11 percent came from Concrete Sleepers while  89 percent came from Infrastructure.

Incorporated in 1980, GPT Infraprojects Ltd (GPT) is a premier Indian construction company specializing in civil and infrastructure projects. Headquartered in Kolkata, GPT is the flagship entity of the GPT Group. 

The company also manufactures high-quality concrete sleepers for railways, catering to the growing needs of India’s rail infrastructure sector. With decades of experience, GPT is recognized for delivering innovative and reliable engineering solutions across diverse infrastructure projects.

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