GMR Airports logo

GMR Airports share price

NSE: GMRAIRPORTBSE: 532754Transport InfrastructureMid Cap

Formerly GMR Airports Infrastructure
Last close ₹86.38down ₹1.02 (1.17%)BSE ₹87.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹87.40.

52-week range of traded prices to 23 Oct 2026
₹84.11Low, 30 Mar 2026₹115.64High, 7 Jul 2026
Market cap
₹92,090 Cr106th largest listed
P/E
192.6
P/E without one-offs
145.6
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
10.4%
Debt to equity
Net worth zero or below
Volume, NSE
1,03,34,20657.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Jan 2022 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−6.4%over a year · Nifty 500 −9.8%

Results20-session average 1,65,68,416 shares a day, 58.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹3,964 Crup 0.66%
Net profit
₹148 Crdown 63.06%
Net margin
3.7%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
Back to profit in the year to Mar 2026, ₹472 CrA loss in 9 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹8,721 Cr, differs from its quarters added, ₹9,207 Cr. From the year to Mar 2021, the company's revenue for that year, ₹6,229 Cr, differs from its quarters added, ₹6,135 Cr. From the year to Mar 2022, the company's revenue for that year, ₹4,601 Cr, differs from its quarters added, ₹6,480 Cr; the company reports the part of the business demerged on 11 Jan 2022 as discontinued, and figures before the change include it.

₹ croreSep 2024Filed 28 OctDec 2024Filed 29 JanMar 2025Filed 12 JunJun 2025Filed 29 JulSep 2025Filed 13 NovDec 2025Filed 13 FebMar 2026Filed 27 MayJun 2026Filed 12 Aug
Revenue2,4952,6532,8633,2053,6703,9943,9383,964
Net profit−429202−253−13735174400148
Net margin−17.2%7.6%−8.8%−4.3%1.0%4.4%10.2%3.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Airports, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/B: net worth zero or below. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2021 and Mar 2022: days before it are of the company before the change.PE ratio and valuation history

EV to EBITDA22.1

At or below today's level on 36% of 1,892 trading days since Nov 2018.

LowestHighest
Its median27.0Industry median7.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearWith the demerger reinvestedEarnings growthChange in P/EDividend yield
1 year+11.9%–––0.0%
3 years+27.9%–––0.0%
5 years+28.4%+31.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters67.48%
  • Foreign institutions22.94%
  • Indian institutions4.80%
  • Individuals and others4.78%
Holder
Aeroports de Paris S.A.Promoter26.21%
GMR ENTERPRISES PRIVATE LIMITEDPromoter13.65%
GMR INFRA ENTERPRISES PRIVATE LIMITEDPromoter11.54%
GMR BUSINESS AND CONSULTANCY LLPPromoter7.18%
GVL Investments Pvt. LtdPromoter4.28%
GMR INFRA SERVICES PRIVATE LIMITEDPromoter3.37%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

149 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 99 of the 110 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
6
Added
38
Cut
72
Held unchanged
30
Sold out
6
Fund
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund4,14,18,6751.41%₹394.1 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund1,95,57,9000.40%₹186.1 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual Fund1,18,22,1192.01%₹112.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund1,15,00,7000.14%₹109.4 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund1,08,28,6451.05%₹103.0 Cr
Helios Mutual Fund logoHelios Flexi Cap FundHelios Mutual Fund97,40,6681.06%₹92.7 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Value FundAditya Birla Sun Life Mutual Fund81,47,2671.16%₹77.5 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Multi Asset Allocation FundAditya Birla Sun Life Mutual Fund80,49,1501.02%₹76.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund77,98,0500.21%₹74.2 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Midcap FundAditya Birla Sun Life Mutual Fund77,83,7781.13%₹74.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Transport Infrastructure, 18 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to GMR Airports in market cap.

GMR Airports is not on the chart: it has no return on equity today

Return on equity across, P/E up, size is market cap
Company
Adani Ports and Special Economic Zone logoAdani Ports and Special Economic ZoneADANIPORTS3,92,295–4.118.4+23.8%––11.6%0.44%
JSW Infrastructure logoJSW InfrastructureJSWINFRA73,62849.6––+19.0%−6.9%14.4%11.4%0.28%
Gujarat Pipavav Port logoGujarat Pipavav PortGPPL7,59313.63.28.9+25.0%+42.7%23.6%27.2%6.62%
BF Utilities logoBF UtilitiesBFUTILITIE1,524–9.2–+0.4%−288.0%−5.6%−6.8%0.00%
Allcargo Terminals logoAllcargo TerminalsATL70717.02.04.0+12.2%+37.0%13.4%28.7%0.00%
Innovision logoInnovisionINNOVISION452–1.5–––––0.00%
Highway Infrastructure logoHighway InfrastructureHILINFRA391–1.726.2–––4.7%0.00%
Dreamfolks Services logoDreamfolks ServicesDREAMFOLKS302–1.0–−73.4%−133.6%−7.6%−15.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Ex-dateTypePer share
9 Sep 2014Final₹0.10
5 Sep 2013Final₹0.10
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

GMR Airports share price by year

Each calendar year to 2025.GMR Airports share price history

YearClose at year endChangeHighest closeLowest close
2025104.37+32.9%108.3569.29
202478.56−2.5%101.7374.65
202380.55+102.6%80.5536.95
2022Demerger39.75−13.1%48.4532.45
202145.75+72.6%47.1522.85
202026.50+26.2%28.8515.85
201921.00+28.0%22.3014.45
201816.40−26.9%24.1014.75
201722.45+89.5%22.4512.05
201611.85−27.7%16.4510.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 11 Jan 2022 reinvested, the change in 2022 is −3.8%.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202687.0087.1684.2286.3885.291,03,34,20657.1%
22 Oct 202685.4387.4085.2087.4086.5381,91,50846.9%
21 Oct 202690.0091.0786.5787.5488.611,27,32,28254.1%
19 Oct 202689.0090.4589.0090.1090.0266,33,00965.0%
16 Oct 202690.5090.6089.2089.5089.7669,04,87050.5%
15 Oct 202690.0291.3889.4490.4790.2374,48,13649.2%
14 Oct 202690.0090.3489.2290.2289.8186,86,42556.0%
13 Oct 202689.5090.4588.5190.3489.731,34,02,45558.6%
12 Oct 202692.3292.8989.3589.5090.401,78,00,12745.1%
9 Oct 202688.8992.3188.6092.3189.646,55,61,09185.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
11 Jan 2022Demerger0.9030Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
11 Mar 2015Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
1 Oct 2009Split0.5000Each share became 2.
28 Sep 2007Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About GMR Airports

GMR Airports Limited designs, builds and operates airports in India and overseas, and runs businesses that sit around them. It was incorporated in 1996. Its work is grouped into three platforms: airport infrastructure and operations; airport adjacency businesses such as duty free, retail, food and beverage, cargo and car parks; and real estate development around airports.

In India, the company's operating airports are Delhi, Hyderabad, Goa (at Mopa), Nagpur and Bidar. It took over operations at Nagpur on June 25, 2026. Outside India, it operates Kualanamu International Airport in Medan, Indonesia, and provides technical services to Mactan Cebu International Airport in the Philippines. The greenfield Bhogapuram International Airport in Andhra Pradesh was inaugurated on August 1, 2026. Crete International Airport in Greece is under construction.

Among the adjacency businesses, duty free operations began at Delhi Airport in July 2025 and at Hyderabad Airport in September 2025. In March 2026 the company was awarded the concession to upgrade, finance, operate and maintain Cargo Terminal 1 at Delhi Airport. Aircraft maintenance and training are handled through GMR Aero Technic, a joint venture.

The company belongs to the GMR Group, which operates across airports, energy, transport, urban infrastructure and sports. GMR Enterprises Private Limited is its parent company and one of its promoters. A promoter is the person or group that set up a company or controls it. The company also has a strategic partnership with Groupe ADP.

Legal name
GMR AIRPORTS LIMITED
NSE symbol
GMRAIRPORT
BSE code
532754
ISIN
INE776C01039
Industry
Transport Infrastructure
Listed
Aug 2006
Face value
₹1
Former symbols
GMRINFRA
CIN
L52231HR1996PLC113564
Corporate identity number, the registrar of companies' code for it