GMR Power & Urban Infra share price today

GMR Power & Urban Infra Ltd's share price was ₹94.23 at the close on 4 November 2026. It has been falling for 40 weeks. That is 7.7% below its average price over the last 200 trading days.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today GMR Power & Urban Infra Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹92 and ₹127, and at that close it sat 6% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 4.6 years the share price moved +129% while the NIFTY 500 moved +47%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Revenue fell in the September 2026 quarter

   Revenue was ₹1,527 crore, -15.6% on a year earlier (₹1,810 crore), after 10 quarters of growth.

3. Profit down on a year earlier for 4 quarters in a row

   In the September 2026 quarter profit was ₹154 crore, -82.8% on a year earlier.

For July to September 2026 (the quarter ended 30 September 2026), GMR Power & Urban Infra reported revenue of ₹1,527 crore, down 15.6% from ₹1,810 crore a year earlier, and a profit of ₹154 crore, down 82.8% from ₹895 crore.

GMR Power & Urban Infra results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

GMR Power & Urban Infra closed at ₹94.23 on 4 November 2026, down 20.9% from ₹119.06 a year earlier (7 November 2025) and up 189.9% over three years. Its highest weekly close since March 2022 was ₹158.70 on 27 September 2024.

GMR Power & Urban Infra share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

247 weekly closes from 25 March 2022 to 4 November 2026.

4 Nov 2026: GMR Power & Urban Infra closed at ₹94.23, up 2.1% on the week and down 7.5% on the month. Results for July to September 2026: Revenue down 15.6% and profit down 82.8% on a year earlier.

GMR Power & Urban Infra has paid no dividend on the NSE since its first NSE close in our records (25 March 2022), the start of the period we checked.

No. GMR Power & Urban Infra Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

GMR Power & Urban Infra is on 2 of our India lists: Penny stocks and Power & green energy stocks.

GMR Power & Urban Infra Ltd earned ₹154 Cr of net profit in the Sep 2026 quarter, −82.8% on the same quarter a year earlier. Full-year FY26 profit was ₹614 Cr. That is 10.1% of the quarter's revenue. The same quarter a year earlier earned ₹895 Cr. 5 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹614 Cr (−60.4% on the year before).

GMR Power & Urban Infra Ltd reported ₹1,527 Cr of revenue in the Sep 2026 quarter, −15.6% on the same quarter a year earlier. Over 5 years it has grown 21.8% a year on average. The last full year, FY26, came in at ₹7,332 Cr. The last four reported quarters add to ₹7,105 Cr.

Revenue is everything the company billed its customers in the period.

Recent pace: the last four quarters grew +4.8% on average, against 21.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +4.4%, against +11.3% a year over the last 8 quarters (rolling over).

GMR Power & Urban Infra Ltd's operating margin was 23.0% in the Sep 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 6 years it has been between 1.6% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +4.0 percentage points on the year while gross margin changed +9.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 161% of GMR Power & Urban Infra Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,260 Cr of operating cash against ₹614 Cr of profit. After ₹122 Cr of spending on assets, ₹1,138 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 161% of profit came in as cash: the cash cycle got 207 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 4.4× depreciation over three years. The next section checks what that spending is building.

GMR Power & Urban Infra Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −81 days in FY26, up from −288 days in FY21. It spent ₹6,768 Cr on assets over the last 3 years. Customers take 59 days to pay, and stock sits for 88 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹7,332 Cr, each day of that cycle ties up about ₹20.1 Cr, so roughly −₹1,627 Cr is tied up in the business at any time.

FY26: customers took 59 days to pay and stock sat for 88 days, about 2.9 months of sales sitting as stock, for a full cycle of −81 days, longer than FY21's −288.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 88 days. Customers pay about 59 days after that. Suppliers are paid at 227 days. Together that makes the −81-day cycle.

Spending on assets: ₹6,768 Cr over the last 3 years, against ₹1,552 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹457 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

GMR Power & Urban Infra Ltd's P/E is 40.0×, with too little history to compare. Its usual P/E (the middle reading) is 9.9×, over 8 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −61.2% while the price moved −20.9%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

GMR Power & Urban Infra Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −118.7% in the latest quarter, against +218.5% at its best in 12 quarters, with ROCE steady at 12.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

GMR Power & Urban Infra Ltd earned a ROCE of 12% in FY26. That is up from a low of 8% in FY22. Its return on capital used (ROIC) is 22.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 8.4% net margin and 0.43× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 8.4% net margin × 0.43× asset turnover × 8.95× leverage (assets divided by equity) ≈ 32.3% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −10.4% − 12.0% = −22.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The −10.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 6.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

GMR Power & Urban Infra Ltd has total debt of ₹11,358 Cr against shareholder equity of ₹2,027 Cr as of Sep 2026, so its debt is 5.60× its equity. Year by year, that ratio went from −4.66 in FY22 to 5.50 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Foreign institutions raised their stake in GMR Power & Urban Infra Ltd by 12.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 16.3% of the company. Promoters moved −4.0 points over the same period, to 46.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: +12.4 points over 8 quarters, to 16.3%; Promoters: −4.0 points over 8 quarters, to 46.5%; Domestic institutions: +3.3 points over 8 quarters, to 5.6%.

Why the owners changed: foreign institutions drove it (+12.4 points), with the other side taken by promoters (−4.0 points). They raised their stake step by step.

For GMR Power & Urban Infra Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

42.6 out of 100, rank 2 of 3 in Infra - Power - Generation/Distribution, with 80% of the evidence available.

GMR Power & Urban Infra Ltd scores 42.6 out of 100 against the 3 companies it is compared with in Infra - Power - Generation/Distribution, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 13.2 + 10.4 + 10 + 9 = 42.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

GMR Power & Urban Infra ranks 2 of 3 Infra - Power - Generation/Distribution companies on the 4-Factor Sector Score, with 42.6 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Infra - Power - Generation/Distribution, all 3 compared on one page.

GMR Power & Urban Infra is the 2nd largest of 3 Infra - Power - Generation/Distribution companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kalpataru Projects International. Just below it: Reliance Infrastructure.

Infra - Power - Generation/Distribution companies close in size

1. Kalpataru Projects International Ltd ₹23,435 crore
2. GMR Power & Urban Infra Ltd ₹7,210 crore
3. Reliance Infrastructure Ltd ₹2,051 crore

All 3 Infra - Power - Generation/Distribution companies, largest first

Companies close in size in other industries

696. Spectrum Electrical Industries Ltd ₹7,239 crore · Capital Goods - Electric General
697. Maharashtra Seamless Ltd ₹7,213 crore · Steel - Tubes/Pipes
698. GMR Power & Urban Infra Ltd ₹7,210 crore
699. Kirloskar Ferrous Industries Ltd ₹7,209 crore · Steel - Pig Iron
700. Orkla India Ltd ₹7,201 crore · FMCG Processing - Other

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.