GHV Infra Projects Limited

BSE: GHVINFRA · Civil Construction · sector

₹234.35BSE close 2026-10-26

Key numbers

Market cap₹1,884 cr

Price₹234.35

52w high / low₹368 / ₹173

P/E29.8xSector median 12.2x

P/B9.1xSector median 1.3x

Book value₹25.7

Dividend yield–Sector median 0.76%

ROE38.6%Sector median 10.2%

ROCE20.1%Sector median 12.9%

OPM14.6%Sector median 10.7%

Debt / equity2.00xSector median 0.36x

EV/EBITDA17.9xSector median 8.8x

Interest cover2.5x

Current ratio1.25x

Sales growth 3y–Sector median +6.7%

Profit growth 3y–Sector median +5.8%

PEG–

Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹9 cr vs borrowings ₹192 cr (FY26): borrowings are higher by ₹183 cr.
Operating profit covered interest 2.5x in the last 12 months.
Other income was 2% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹234.35 on 2026-10-26: -36.4% from the 52-week high, +35.2% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹345.15 · low ₹184.00

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	165	80	184	138	214	219	300
EBITDA	20	8	22	28	39	24	35
OPM %	12.4%	10.4%	12.1%	20.4%	18.5%	11.1%	11.6%
Other income	0	0	0	0	0	0	0
Net profit	14	5	11	15	19	7	17
EPS (₹)	9.70	3.27	1.56	2.02	2.52	1.02	2.31
Revenue YoY					+29.4%	+171.7%	+63.3%
Profit YoY					+38.4%	+55.9%	+54.9%

Consolidated figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	–	–	–	185	615	870
EBITDA	-0	-0	-0	25	99	127
Net profit	-0	-0	-0	17	50	59
EPS (₹)	-2.89	-2.23	-6.21	35.47	6.80	7.87
Revenue growth		–	–	–	+232.9%	–
Profit growth		–	–	–	+194.0%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	– (2y)	-24.4%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	43	131
Borrowings	31	192
Cash & equivalents	0	9
Total assets	221	593
Fixed assets	0	3
Capital work in progress	–	0
Investments	0	0
Receivables	134	127
Inventory	13	18
Payables	129	143

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-56	-64
Cash from investing	-1	-104
Cash from financing	56	177
Capex	0	3
Free cash flow	-56	-67

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	40.3%	38.3%
ROCE %	33.9%	30.0%
Debtor days	264	75
Inventory days	32	40
Payable days	307	329
Cash conversion cycle (days)	-11	-214
Working capital days	30	80

Peers in Civil Construction

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
LT	₹5,06,276 cr	30.5x	4.6x	16.7%	12.8%	9.4%	+22.2%	0.92%
RVNL	₹38,083 cr	42.4x	3.9x	9.3%	10.5%	4.3%	+0.2%	1.51%
KPIL	₹22,134 cr	19.5x	2.8x	15.9%	17.7%	8.4%	+18.4%	0.69%
IRB	₹19,639 cr	20.6x	0.9x	4.7%	7.6%	53.9%	+6.1%	0.65%
CEMPRO	₹19,444 cr	32.3x	8.1x	28.4%	32.3%	10.4%	+25.5%	0.18%
NBCC	₹18,536 cr	25.1x	6.1x	27.0%	33.9%	5.8%	+13.8%	1.08%
ENGINERSIN	₹13,725 cr	17.5x	4.4x	27.0%	28.8%	19.4%	+5.7%	1.84%
TECHNOE	₹9,612 cr	22.3x	2.3x	10.9%	13.7%	14.0%	+57.7%	1.09%
IRCON	₹9,177 cr	17.5x	1.4x	8.1%	8.2%	8.3%	-4.4%	2.25%
GHVINFRA	₹1,884 cr	29.8x	9.1x	38.6%	20.1%	14.6%	–	–

All 119 companies in Civil Construction →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Civil Construction
Sub-industry	Civil Construction
Symbol	GHVINFRA
BSE code	505504
ISIN	INE809Q01020
Face value	₹5.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.