# GMR Power & Urban Infra share price today (GMR Power & Urban Infra Ltd, NSE: GMRP&UI)

> GMR Power & Urban Infra share price today: ₹91.77 at the NSE close on 3 November 2026, down 21.7% in a year. GMR Power & Urban Infra (NSE: GMRP&UI) is worth ₹7,169 crore, trades at a P/E of 40.0 and has closed between ₹91.77 and ₹126.63 over the past 52 weeks. > GMR Power & Urban Infra Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. GMRP&UI · Infra - Power - Generation/Distribution · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/gmr-power-urban-infra-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹91.77 (−21.7% in a year)
- P/E: 40.0×, too little history to compare yet
- Revenue (Sep 2026): ₹1,527 Cr (−15.6% on a year ago)
- Profit (Sep 2026): ₹154 Cr (−82.8% on a year ago)
- Operating margin: 23.0% (+4.0 points on a year ago)
- ROCE: 12%, FY26
- ROIC: −10.4%, against a 12.0% cost of capital: −22.4 points

The main question: the share price moved −21.7% in a year while yearly earnings per share moved −61.2%. The difference came from the market paying a higher multiple. ## What is the GMR Power & Urban Infra share price today? GMR Power & Urban Infra Ltd's share price was ₹91.77 at the close on 3 November 2026. It has been falling for 40 weeks. That is 10.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹92 and ₹127, and at that close it was at the low of that range. 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 +123% 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. ## What changed at GMR Power & Urban Infra this quarter? 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. ## What are GMR Power & Urban Infra's latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,527 crore | ₹1,810 crore | −15.6% |
| Profit | ₹154 crore | ₹895 crore | −82.8% |
| Earnings per share | ₹1.97 | ₹12.43 | −84.2% |
| Operating margin | 23.0% | 19.0% | +4.0 points |

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.)

## What is the GMR Power & Urban Infra share price history? GMR Power & Urban Infra closed at ₹91.77 on 3 November 2026, down 21.7% from ₹117.24 a year earlier (31 October 2025) and up 182.4% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹95.67 | −4.1% |
| 1 month ago · 1 Oct 2026 | ₹101.87 | −9.9% |
| 6 months ago · 30 Apr 2026 | ₹106.55 | −13.9% |
| 1 year ago · 31 Oct 2025 | ₹117.24 | −21.7% |
| 3 years ago · 3 Nov 2023 | ₹32.50 | +182.4% |
| Earliest weekly close in our records · 25 Mar 2022 | ₹41.20 | +122.7% |
| Highest weekly close since March 2022 · 27 Sep 2024 | ₹158.70 | −42.2% |
| Lowest weekly close since March 2022 · 31 Mar 2023 | ₹15.95 | +475.4% |
| 52-week high (weekly close) · 21 Nov 2025 | ₹126.63 | −27.5% |
| 52-week low (weekly close) · 3 Nov 2026 | ₹91.77 | 0.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (247 weekly closes from 25 March 2022 to 3 November 2026.)

## What is the latest news on GMR Power & Urban Infra? 3 Nov 2026: GMR Power & Urban Infra closed at ₹91.77, down 4.1% on the week and down 9.9% on the month. Results for July to September 2026: Revenue down 15.6% and profit down 82.8% on a year earlier. ## What dividend does GMR Power & Urban Infra pay? 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 4 November 2026.)

## Which stock lists is GMR Power & Urban Infra on? GMR Power & Urban Infra is on 2 of our India lists: Penny stocks and Power & green energy stocks. - [Penny stocks Earnings growth, 12 months (%): -100](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Power producers and distributors](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is GMR Power & Urban Infra profitable? 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. For the full year, FY26 profit was ₹614 Cr (−60.4% on the year before). ## How much revenue does GMR Power & Urban Infra make, and is it growing? 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. 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). ## How much of every ₹100 of sales does GMR Power & Urban Infra keep? 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. 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. ## Is GMR Power & Urban Infra's profit turning into cash? 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. 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. ## Where does GMR Power & Urban Infra's cash go? 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. 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. ## What is GMR Power & Urban Infra's P/E ratio, and how does it compare with its own history? 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. Why the multiple is where it is: over the past year earnings per share moved −61.2% while the price moved −21.7%. 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. ## Is the GMR Power & Urban Infra business getting better or worse? 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. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does GMR Power & Urban Infra earn on its capital? 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. 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. ## Does GMR Power & Urban Infra have too much debt? 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. ## What is the GMR Power & Urban Infra shareholding pattern? 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. 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. ## How far is GMR Power & Urban Infra from balance-sheet trouble? 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. ## How does GMR Power & Urban Infra rank in its industry? 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. ## Which companies is GMR Power & Urban Infra compared with? 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. 1. [Kalpataru Projects International Ltd](https://www.sectoralpha.in/stocks/kalpataru-projects-international-ltd) KPIL · breaking out · Most evidence points up · 75% evidence 66.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 14.6% · Profit 61.8% · Operating margin change 0 points · 83% evidence Capital efficiency 16.2/25 · ROCE 18.3% · Operating margin 9% · 76% evidence Valuation 11.0/20 · P/E 20.6× · PEG n/a · 35% evidence Relative strength 14.3/20 · Lead over its industry 27.9% · Lead over NIFTY 500 11.5% · 1 year 6.5% · 100% evidence · 9 of 12 weeks ahead Exact sum: 24.8 + 16.2 + 11 + 14.3 = 66.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. GMR Power & Urban Infra Ltd this page GMRP&UI · losing its lead · Evidence leans down · 80% evidence 42.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 4.4% · Profit -80% · Operating margin change 4 points · 100% evidence Capital efficiency 10.4/25 · ROCE 12% · Operating margin 23% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 9.0/20 · Lead over its industry 7.2% · Lead over NIFTY 500 -7.6% · 1 year -21.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 13.2 + 10.4 + 10 + 9 = 42.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Reliance Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-infrastructure-ltd) RELINFRA · basing · Most evidence points down · 61% evidence 26.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.2/35 · Revenue -6.4% · Profit -44.6% · Operating margin change -6.5 points · 88% evidence Capital efficiency 6.3/25 · ROCE 15.4% · Operating margin -2.4% · 100% evidence Valuation 10.0/20 · P/E 0.8× · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -48.2% · 1 year -78.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 2.2 + 6.3 + 10 + 7.5 = 26 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 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](https://www.sectoralpha.in/sectors/infra-power-generation-distribution), all 3 compared on one page. ## Which companies are close to GMR Power & Urban Infra in size? 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](https://www.sectoralpha.in/stocks/kalpataru-projects-international-ltd) ₹22,844 crore
2. GMR Power & Urban Infra Ltd ₹7,210 crore
3. [Reliance Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-infrastructure-ltd) ₹1,903 crore

[All 3 Infra - Power - Generation/Distribution companies, largest first](https://www.sectoralpha.in/sectors/infra-power-generation-distribution#all-companies)

### Companies close in size in other industries

1. [Waaree Renewable Technologies Ltd](https://www.sectoralpha.in/stocks/waaree-renewable-technologies-ltd) ₹7,247 crore · Solar EPC
2. [Maharashtra Seamless Ltd](https://www.sectoralpha.in/stocks/maharashtra-seamless-ltd) ₹7,213 crore · Steel - Tubes/Pipes
3. GMR Power & Urban Infra Ltd ₹7,210 crore
4. [Kirloskar Ferrous Industries Ltd](https://www.sectoralpha.in/stocks/kirloskar-ferrous-industries-ltd) ₹7,209 crore · Steel - Pig Iron
5. [Orkla India Ltd](https://www.sectoralpha.in/stocks/orkla-india-ltd) ₹7,201 crore · FMCG Processing - Other

## What else do people ask about GMR Power & Urban Infra? ### What is GMR Power & Urban Infra's share price today? GMR Power & Urban Infra Ltd's share price is ₹91.77, −21.7% over the past year. The whole company is worth ₹7,169 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹92 to ₹127), 10.1% below its 200-day average. The price has been falling for 40 weeks (as of 3 November 2026). ### What were GMR Power & Urban Infra's latest quarterly results? GMR Power & Urban Infra Ltd reported revenue of ₹1,527 Cr and net profit of ₹154 Cr for the Sep 2026 quarter. Revenue fell 15.6% and profit fell 82.8% compared with a year earlier. Earnings per share were ₹1.97 (as of 3 November 2026). ### What is GMR Power & Urban Infra's market cap? GMR Power & Urban Infra Ltd's market capitalisation is ₹7,169 Cr at a share price of ₹91.77. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is GMR Power & Urban Infra performing? GMR Power & Urban Infra Ltd's share price has been falling for 40 weeks. In its latest quarter, revenue fell 15.6% and profit fell 82.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will GMR Power & Urban Infra's share price go up? This page does not forecast GMR Power & Urban Infra Ltd's share price. What it shows instead: the share price is ₹91.77, and it has been falling for 40 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Who owns GMR Power & Urban Infra? Promoters own 46.5% of GMR Power & Urban Infra Ltd, foreign institutions 16.3%, domestic institutions 5.6% and the public 31.5% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 12.4 percentage points over 8 quarters (as of 3 November 2026). ### Does GMR Power & Urban Infra have too much debt? Yes, GMR Power & Urban Infra Ltd has a lot of debt: its debt is 6.09× its equity, and its operating profit is 1 times its interest bill. FY26 borrowings were ₹11,594 Cr against equity of ₹1,904 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is GMR Power & Urban Infra in its business cycle? GMR Power & Urban Infra Ltd's FY26 operating margin was 22.0%, against a 6-year range of 1.6% to 24.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 23.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the GMR Power & Urban Infra story? The main question: the share price moved −21.7% in a year while yearly earnings per share moved −61.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is GMR Power & Urban Infra a stock worth studying right now? What the numbers show: GMR Power & Urban Infra Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.