GPT Infraprojects Targets INR3,000 Crore Order Inflow in FY27
GPT Infraprojects has guided for approximately INR3,000 crores in order inflow for FY27 with revenue growth of 27% to 30%, following a record INR2,422 crores order inflow in FY26. The company reported FY26 consolidated revenues of INR1,290 crores, a PAT of INR97.3 crores (up 21.5%), and an expanded EBITDA margin of 13.5%, while its total order book stands at INR4,476 crores. Strategic moves include the acquisition of Alcon Builders and Engineers and its first HAM contract in Rajasthan.

*this image is generated using AI for illustrative purposes only.
GPT Infraprojects Limited has provided an order inflow guidance of approximately INR3,000 crores for FY27, alongside a revenue growth projection of 27% to 30%. This guidance follows the company's highest ever annual order inflow of INR2,422 crores in FY26, which surpassed its initial projections. The management expressed confidence in achieving these targets, citing new contracts and the return of labor to sites, with no anticipated execution risks. The company also announced the conclusion of its acquisition of Alcon Builders and Engineers Private Limited, a move aimed at integrating EPC signaling capabilities to support larger railway contracts.
Financial Performance for Q4 and FY26
For the fourth quarter ended March 31, 2026, GPT Infraprojects reported consolidated revenues of INR414.7 crores, a growth of 8.9% year-on-year. The subdued revenue in the quarter was attributed to the West Bengal elections in March, which caused labor shortages. For the full year FY26, consolidated revenues stood at INR1,290 crores, registering an 8.6% growth compared to the previous year. Profitability improved significantly, with consolidated PAT for FY26 rising by 21.5% to INR97.3 crores. The EBITDA margin for the year expanded to 13.5%, up from 11.4% in FY25, driven by improved execution efficiencies and operating leverage.
The following table summarizes the key financial and operational metrics for FY26 alongside FY27 guidance:
| Key Metrics: | FY26 Performance | FY27 Guidance |
|---|---|---|
| Order Inflow | INR2,422 crores | ~INR3,000 crores |
| Revenue Growth | 8.6% | 27% - 30% |
| Consolidated PAT | INR97.3 crores | - |
| EBITDA Margin | 13.5% | ~14% |
Strategic Developments and Order Book
The company's total order book stands at INR4,476 crores, approximately 3.5 times its FY26 revenues. Key order wins during the year included a INR1,201 crores order from Northern Railway and a INR1,805 crores order from MCGM in Mumbai. Additionally, GPT Infraprojects secured its first HAM contract in Rajasthan, marking its entry into the hybrid annuity segment. The Board has approved a draft scheme of amalgamation for Alcon and Jogbani Highway Private Limited with the parent company, effective April 1, 2026, to fully integrate these businesses.
FY27 Guidance and Outlook
Management has set a long-term revenue growth target in excess of 20%, with specific expectations for FY27 ranging between 27% and 30%. The signaling business acquired from Alcon is expected to contribute INR120 crores to INR130 crores in revenue for the year. The company anticipates maintaining an EBITDA margin of around 14% on a consolidated basis, supported by the higher-margin signaling and international operations. The Board has declared a third-interim dividend of INR1 per share, taking the total dividend payout for the year to INR2.75 per share.
Historical Stock Returns for GPT Infraprojects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | +16.10% | +15.13% | +23.91% | +8.24% | +569.04% |
How will the successful integration of Alcon Builders and Jogbani Highway specifically impact GPT's competitive positioning in the railway signaling and hybrid annuity sectors?
What is the company's strategy for sustaining the projected 27-30% revenue growth beyond FY27, given the current economic environment?
How does GPT plan to mitigate execution risks associated with the significant jump in order inflow, particularly in light of past labor disruptions?

































