Skip to content
thestock.space

On 6 Nov 2026, Gayatri Projects was priced at ₹19.93, or 0.2× trailing earnings, against an industry P/E of 16.4×, and the shares are 27% below their 52-week high. Sales fell 5.9% a year over 3 years; its ROCE of 174% is the highest among the 7 largest Engineering & Construction peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.51× equity. It is a small-cap company with a market cap of ₹925 Cr, ranked 64th of 156 Engineering & Construction companies by market cap; the shares rose 91% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹20.23
Day high
₹20.89
Day low
₹19.93
Prev. close
₹20.97
Volume
6 L

Health check

2 good · 1 fair · 2 to check
  • ReturnsAhead

    +90.8% over a year, better than 7 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthShrinking

    Sales −5.9% a year over 3 years.

  • ProfitabilityStrong

    ROCE 174.1% vs peer median 19.9%.

  • Balance sheetFair

    Debt 0.51× equity, interest covered 404.9×, Piotroski 7 of 9.

  • Red flags2 to check

    Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹925 Cr, #64 of 156 in its industry by size.

Moves with the market

Beta 0.97 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹1,157 Cr · profit ₹2,080 Cr
Market cap
₹925 Cr
Small cap
P/E
0.2
Industry 16.4
Price to book
0.61
Peers 4.92
Dividend yield
0.00%
ROE
343.9%
Peers 17.9%
ROCE
174.1%
Peers 19.9%
Debt to equity
0.51
Debt ₹311 Cr
EPS (TTM)
₹111.48
Face value ₹2
OPM (TTM)
3.1%
Net margin 179.8%
Sales growth
+198.7%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
0.80
EV/EBITDA 6.4

Strengths and risks

Strengths

  • Return on equity of 343.9%.
  • Return on capital employed of 174.1%.
  • Quarterly sales up 198.7% on a year ago.
  • Promoter stake up from 3.9% to 23.6%.

Risks to check

  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • Interest coverage of only 0.7×.

Derived automatically from reported figures. Not a recommendation.

About Gayatri Projects

Gayatri Projects Limited engages in the construction business in India. The company is involved in engineering, procurement and construction of roads, irrigation, rail, airports development, power, and industrial works, as well as transportation, water works, land development, and mining projects. It also engages in the ownership of infrastructure assets; and vehicle bridges and tunnels and toll roads. Gayatri Projects Limited was founded in 1963 and is…

Headquarters
Hyderabad
Employees
240
Sector
Industrials
ISIN
INE336H01023
Website
gayatri.co.in

Price range

52 weeks

₹10.99₹27.33

Today

₹19.93₹20.89
Avg volume (3M)
8.6 L
1-year return
plus 90.8%
From 52-week high
minus 27.1%

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
LTLarsen & Toubro4,117.70plus 1.67%5,66,54931.719.614.6%9.6%1.0516.1%plus 3.2%
RVNLRail Vikas Nigam193.34minus 0.18%40,31244.956.911.0%4.3%0.490.2%minus 40.5%
CEMPROCemindia Projects1,323.30plus 2.79%24,40536.424.237.1%10.4%0.3525.5%plus 49.2%
KPILKalpataru Projects International1,370.80minus 0.04%23,41019.710.119.9%8.3%0.4618.4%plus 4.3%
NBCCNBCC (India)78.00minus 2.90%21,06026.519.834.3%6.1%0.0012.9%minus 29.5%
ENGINERSINEngineers India292.70minus 1.94%16,45118.321.528.1%21.2%0.005.7%plus 51.1%
WABAGVA Tech Wabag1,988.20plus 6.57%12,43429.420.816.3%10.9%0.099.9%plus 33.2%
GAYAPROJGayatri Projects19.93minus 4.96%9250.2330.9174.1%3.1%0.51−5.9%plus 90.8%
Median of 7 peers–−0.04%23,41029.420.819.9%9.6%0.3512.9%4.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
76.673.1506191229
67.472.5535173189
9.10.6−28.818.840.2
11.9%0.9%−5.7%9.8%17.6%
5.89.390.532.625.6
6.45.14.22.62.2
9.28.27.24.84.7
––2,128−143−21.8
−0.6−3.42,179−98.837.1
––1.0%−12.3%–
−0.6−3.42,157−11137.1
-0.03-0.18115.23-5.932.36

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−5.9%
ROE
343.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,017680450847
–minus 33.2%minus 33.8%+88.2%
1,720632447843
−70247.93.33.7
−69.1%7.0%0.7%0.4%
20.139.119388.9
2912.70.75.1
57.149.243.129.5
−4746.3−292,018
−1,50441.51242,076
––0.0%1.6%
−1,50441.51242,042
––+198.8%+1548.3%
-80.352.216.62109.09

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
37.437.437.437.4
−1,636−1,593−1,474569
3,7913,6753,628311
1,3861,2881,2481,197
3,5783,4083,4392,115
28123219183.1
9.29.211.85.8
511000
26.537.224622.7
2,7513,1302,9902,003
3,5783,4083,4392,115

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−863−110305490
45.82611.467.8
819−141−97.4−782
1.210.7209−224
–−0.1−2.8−4.7
−863−110302486

Shareholding pattern

Source: NSE filings
23.6%
promoters
  • Promoters23.56%
  • Public76.44%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202623.56%76.44%0.00
30 Jun 202623.56%76.44%plus 0.43
22 Apr 202623.13%76.87%plus 20.64
20 Apr 20262.49%97.51%minus 1.45
31 Mar 20263.94%96.06%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you