GPT Infraprojects Limited has secured a new contract valued at ₹72 crore from PCMM, Eastern Railway, for the supply of Pre-Stressed Concrete (PSC) sleepers. The order was announced on May 26, 2026, and involves supplying sleepers to various divisions of Eastern Railway. This domestic contract is expected to be executed over a period of 730 days from the appointed date.

The company confirmed that the promoter, promoter group, or group companies hold no interest in the entity awarding the contract. Furthermore, the transaction does not fall under related party transactions. The disclosure was made in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The specifics of the order are outlined below:

Order Book Position

With this latest addition, the outstanding order book for GPT Infraprojects Limited now stands at ₹4,548 crore. The total order inflow for Fiscal 2027 is reported at ₹72 crore. The company operates through two primary segments: Infrastructure and Sleeper. It is an established railway-focused infrastructure player engaged in civil and infrastructure projects, including large bridges and Road Over Bridges (ROBs), alongside manufacturing concrete sleepers for railways in India and Africa.

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.

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.