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GMRAIRPORT - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.9

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 2.9

Stock Code GMRAIRPORT Market Cap 1,01,820 Cr. Current Price 96.4 ₹ High / Low 110 ₹
Book Value 50.3 ₹ Dividend Yield 0.00 % ROCE 1.08 % ROE -0.55 %
Face Value 1.00 ₹ DMA 50 95.1 ₹ DMA 200 93.8 ₹ Chg in FII Hold 1.21 %
Chg in DII Hold 0.34 % PAT Qtr 58.1 Cr. PAT Prev Qtr -133 Cr. RSI 53.4
MACD 0.96 Volume 1,03,39,454 Avg Vol 1Wk 1,30,47,182 Low price 79.3 ₹
High price 110 ₹ Debt to equity 0.21 52w Index 55.2 % Qtr Profit Var 217 %
EPS -0.18 ₹ Industry PE 10.9

Financials & Valuation:

GMRAIRPORT shows weak fundamentals. ROCE (1.08%) and ROE (-0.55%) reflect poor efficiency. EPS is negative (-0.18 ₹), highlighting weak profitability. Quarterly PAT improved to 58.1 Cr. from -133 Cr., but sustainability remains uncertain. Debt-to-equity at 0.21 is manageable, yet profitability metrics are concerning.

Valuation Indicators:

P/E ratio is unavailable due to negative EPS, making valuation unclear. Book Value of 50.3 ₹ compared to current price of 96.4 ₹ shows moderate premium pricing. PEG ratio is not provided, limiting growth valuation analysis. Dividend yield is 0%, offering no income support.

Business Model & Health:

GMRAIRPORT, operating in airport infrastructure, benefits from long-term passenger traffic growth and government support. However, profitability remains weak, and valuations are disconnected from fundamentals. Institutional sentiment is mildly positive, with FII holdings increasing (+1.21%) and DII holdings also rising (+0.34%).

Entry Zone & Holding Guidance:

Technically, support lies around 90–95 ₹, with resistance near 105–110 ₹. Entry near support levels may be considered for speculative trades. Long-term holding is not advisable until profitability stabilizes and earnings turn positive.


Positive

- PAT improved to 58.1 Cr. from -133 Cr.

- FII holdings increased (+1.21%).

- DII holdings increased (+0.34%).

- Manageable debt-to-equity (0.21).

Limitation

- Negative EPS (-0.18 ₹).

- Weak ROCE (1.08%) and ROE (-0.55%).

- No dividend yield.

- Valuation unclear due to missing P/E and PEG ratios.

Company Negative News

- Weak profitability metrics.

- Negative EPS and poor returns.

- Earnings volatility remains high.

Company Positive News

- Quarterly PAT turned positive.

- Institutional holdings increased.

- Technical indicators (MACD 0.96, RSI 53.4) show mild bullish momentum.

Industry

- Airport infrastructure sector benefits from rising passenger traffic and government investment.

- Industry PE (10.9) is much lower than GMRAIRPORT’s implied valuation, highlighting overvaluation risk.

- Long-term growth supported by infrastructure expansion, but profitability efficiency lags peers.

Conclusion

GMRAIRPORT is fundamentally weak with negative EPS, poor efficiency, and unclear valuation. Entry near 90–95 ₹ may be considered only for speculative trades with strict stop-losses. Long-term investors should avoid until earnings stabilize and fundamentals improve.

Would you like me to extend this into a sector benchmarking overlay comparing GMRAIRPORT against Adani Airports, AAI, and international peers to highlight relative positioning in profitability and valuation?

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