Gayatri Projects Limited (IN:GAYAPROJ)
:GAYAPROJ
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Gayatri Projects Limited
(GAYAPROJ)
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Rating:55Neutral
Price Target:
₹16.00
▲(36.99% Upside)
Action:ReiteratedDate:04/10/26
The score is held back mainly by weak financial strength (negative equity and high debt, plus shrinking revenue and negative FY2025 gross profit) despite a recent rebound in profitability and cash flow. Technicals are supportive due to strong trend vs moving averages, but the very overbought RSI raises near-term risk. Valuation looks very low on the provided P/E, partially offsetting the financial risks.
Positive Factors
Improved cash generation
Operating and free cash flow turning meaningfully positive demonstrates the company's restored ability to convert project revenues into liquidity. This durable improvement reduces short-term refinancing pressure, funds working capital needs, and supports project execution capacity over the next several quarters.
Negative Factors
Negative shareholders' equity
Persistently negative equity is a deep structural weakness: it erodes creditor confidence, limits access to new capital, and heightens default or covenant risk. Over the medium term this constrains bidding capacity, raises financing costs, and reduces strategic flexibility for large project commitments.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash generation
Operating and free cash flow turning meaningfully positive demonstrates the company's restored ability to convert project revenues into liquidity. This durable improvement reduces short-term refinancing pressure, funds working capital needs, and supports project execution capacity over the next several quarters.
Read all positive factors
Gayatri Projects Limited (GAYAPROJ) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.89B
Dividend YieldN/A
Average Volume (3M)19.43K
Price to Earnings (P/E)<0.1
Beta (1Y)0.65
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees2,390
SectorServices
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)115.23
Shares Outstanding187,198,680
10 Day Avg. Volume22,806
30 Day Avg. Volume19,432
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.09
Price to Sales (P/S)0.27
P/FCF Ratio0.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Gayatri Projects Limited Business Overview & Revenue Model
Company Description
Gayatri Projects Limited operates as an infrastructure company in India. It undertakes roads, tollways, irrigation, rail, airports development, power, mining, and industrial projects. The company was founded in 1963 and is based in Hyderabad, India....
How the Company Makes Money
Gayatri Projects Limited primarily makes money by executing infrastructure construction contracts and recognizing revenue as project work is performed, typically based on measured progress/percent completion and certified bills (as applicable unde...
Gayatri Projects Limited Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
12
Very Negative
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Sep 2025 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.10B | 4.50B | 6.80B | 10.17B | 31.02B | 39.01B |
| Gross Profit | -291.72M | -271.85M | 273.55M | -6.66B | -1.48B | 6.99B |
| EBITDA | 1.82B | 1.86B | 916.06M | -11.35B | -5.82B | 4.07B |
| Net Income | 1.55B | 1.24B | 414.59M | -15.04B | -9.58B | 431.02M |
Balance Sheet | ||||||
| Total Assets | 33.14B | 34.39B | 34.08B | 35.78B | 49.61B | 57.70B |
| Cash, Cash Equivalents and Short-Term Investments | 125.00M | 2.50B | 406.50M | 299.48M | 253.52M | 837.48M |
| Total Debt | 36.12B | 36.28B | 36.75B | 37.91B | 27.48B | 21.23B |
| Total Liabilities | 47.55B | 48.76B | 49.63B | 51.77B | 49.66B | 48.16B |
| Stockholders Equity | -14.41B | -14.37B | -15.55B | -15.98B | -48.77M | 9.53B |
Cash Flow | ||||||
| Free Cash Flow | 302.16M | 2.56B | -1.13B | 0.00 | -7.12B | 2.01B |
| Operating Cash Flow | 334.01M | 2.59B | -1.13B | -9.76B | -6.95B | 2.28B |
| Investing Cash Flow | 93.12M | -29.13M | 2.40B | 254.35M | 2.11B | 97.86M |
| Financing Cash Flow | -885.19M | -466.08M | -1.16B | 9.52B | 4.25B | -2.73B |
Gayatri Projects Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | ₹3.59B | 186.32 | ― | 0.47% | -7.32% | -26.92% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
55 Neutral | ₹2.89B | 0.03 | ― | ― | ― | ― | |
54 Neutral | ₹3.90B | -12.79 | ― | ― | 12.96% | -132.20% | |
47 Neutral | ₹1.72B | 2.58 | ― | ― | -57.13% | ― | |
46 Neutral | ₹1.60B | -0.64 | ― | ― | ― | ― | |
43 Neutral | ₹936.92M | -0.31 | ― | ― | 4.63% | 67.17% |
* Services Sector Average
IN:GAYAPROJ
Gayatri Projects Limited
15.44
9.31
151.88%
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IN:SADBHIN
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2.66
-2.17
-44.93%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.