BSECompany Update6 Aug 2026 · 6 Aug 2026, 06:53 pm
Please find enclosed herewith Earnings Call Transcript.
GPT Infraprojects Ltd · 533761
✦ AI Summary▲ PositiveResults
GPT Infraprojects Limited has announced its Q1 FY27 earnings conference call transcript, highlighting its strong order book, diversified project portfolio, and expanding railway infrastructure capabilities. The company has secured new orders worth INR72 crores and INR53 crores, and is confident of maintaining its execution momentum and delivering 30% revenue growth for the full year.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
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GPT Infraprojects Ltd - 533761 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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GPT Infraprojects Limited
Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872
Phone : +91-33-4050-7000, Email : info@gptgroup.co.in , Visit us: www.gptgroup.co.in
GPTINFRA/CS/SE/2026-27 August 6, 2026
The Department of Corporate Services, National Stock Exchange of India Limited
BSE Limited, Exchange Plaza, Plot no. C/1, G Block
Phiroze Jeejeebhoy Towers, Dalal Street Bandra-Kurla Complex, Bandra (E),
Mumbai – 400001 Mumbai - 400 051
Scrip Code: 533761 Scrip ID: GPTINFRA
ISIN: INE390G01014
Dear Sir/Madam,
Sub: Transcript of the conference call on Un-audited Financial Results for the 1st Quarter
ended on June 30, 2026
In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed herewith transcript of
conference call held on Monday, August 3, 2026 on Un-audited Financial Results for the 1st
Quarter ended on June 30, 2026.
Kindly take the aforesaid information on record and oblige.
Thanking you,
Yours Sincerely,
For GPT Infraprojects Limited
Sonam Lakhotia
Company Secretary & Compliance Officer
Mem No.: 41358
Encl: As above
“GPT Infraprojects Limited
Q1 FY27 Earnings Conference Call”
August 03, 2026
MANAGEMENT: MR. ATUL TANTIA – JOINT MANAGING DIRECTOR AND
CHIEF FINANCIAL OFFICER – GPT INFRAPROJECTS
LIMITED
MODERATOR: MR. OMKAR BAGWE – MUFG INTIME
Page 1 of 16
GPT Infraprojects Limited
August 03, 2026
Moderator: Ladies and gentlemen, good day, and welcome to GPT Infraprojects Limited Q1 FY27 Earnings
Conference Call. As a reminder, all participant lines will be in the listen-only mode, and there will
be an opportunity for you to ask questions after the presentation concludes. Should you need
assistance during this conference call, please signal an operator by pressing star, then zero on your
touch-tone phone. Please note that this conference is being recorded.
I now hand the conference call over to Mr. Omkar. Thank you, and over to you, sir.
Omkar Bagwe: Good morning, everyone. I welcome you all to the earnings conference call to discuss Q1 FY27
results of GPT Infraprojects Limited. To discuss the results, we have with us from the management,
Mr. Atul Tantia, the Joint Managing Director and CFO. He will take you through the results, and
then we will proceed to the Q&A session.
Before we proceed to the call, a small disclaimer. This conference may contain certain forward-
looking statements about the company, which are based on the beliefs, opinions and expectations
of the company as on date of this call. The actual results may differ materially. These statements
are not guarantee of future performance and involve risks and uncertainties that are difficult to
predict. A detailed Safe Harbor statement is also given on the company's investor presentation.
Now I would like to hand the call over to Mr. Atul Tantia. Thank you, and over to you, sir.
Atul Tantia: Thank you, Omkar. Good morning, everyone, and a warm welcome to the GPT Infraprojects
Limited Earnings Conference Call for the first quarter ended June 30, 2026.
FY27 is an important year for GPT Infraprojects Limited as we continue to build on the strong
foundation we have created over the past few years. Backed by a healthy order book, diversified
project portfolio, enhanced execution capabilities and expanding railway infrastructure, we remain
well positioned to participate in the growing infrastructure opportunities across our key markets.
Our focus continues to be on strong growth, efficient project execution, profitability and prudent
capital allocation.
During the year, we also see the full impact of the integration of our higher-margin signalling
business, which we had acquired in Q4 FY26 through Alcon. This business has immense potential
to grow given the focus of the railways on safety and also the credentials that the company
possesses. With the merger of this subsidiary with GPT Infra in the ensuing quarters, this business
will be able to bid for much larger value contracts and take advantage of the balance sheet strength
of GPT Infra.
The integration process is progressing smoothly, and we are increasingly leveraging the combined
capabilities of both organizations. This strengthens our ability to pursue larger and more complex
railway EPC opportunities while also broadening our execution bandwidth across infrastructure
segments.
Page 2 of 16
GPT Infraprojects Limited
August 03, 2026
Execution during this quarter remained slightly largely stable and in line with our expectation for
the quarter with temporary moderation across select projects owing to workforce availability
challenges associated with elections in West Bengal during April and May, one of our key markets.
The disruption, however, was transient in nature and workforce availability has since normalized,
supporting a gradual recovery in project execution. We remain confident of maintaining our
execution momentum and delivering as per the guidance for the full year of approximately 30% in
terms of revenues.
During the quarter, we secured a new order worth INR72 crores from Eastern Railway for the supply
of concrete sleepers across the various divisions of Eastern Railway. This order further strengthens
our long-standing association with Indian Railways and reinforces our position within the railway
infrastructure system.
In addition, we have entered the Power EPC segment with a contract of approximately INR53 crores
from -- in which the client is -- ultimate client is Power Grid Corporation of India Limited for a
project in Kurnool, Andhra Pradesh. While the project size is relatively modest, it marks our entry
into another infrastructure vertical and reflects our strategy of selectively expanding into adjacent
EPC segments with credible counterparties.
We also continue to see encouraging opportunities emerging across our focus geographies of
Eastern and Northern India. Infrastructure development remains a key priority for both the central
and the state governments with increasing investments focused on railway modernization,
transportation networks, urban mobility, roads and connectivity enhancements.
The Africa business is also expected to deliver strong order inflows in the next couple of quarters,
and this will ensure good visibility of revenue from that geography over the next 3 to 4 years. Over
the last 2 months, railway infrastructure investments of approximately INR895 crores have been
approved by the central government in the state of West Bengal. In addition, the state government,
which was recently elected, has also announced key connectivity projects exceeding INR2,100
crores, including the proposed Bhagirathi Bridge, Chingrighata-New Town Corridor, which are
projects of our interest and for which we will definitely qualify for.
Given our strong regional presence, proven execution track record and established client
relationships, we believe we are well qualified to participate in these upcoming opportunities. Our
bidding pipeline remains robust across railway infrastructure, bridges, roads, flyovers and allied
infrastructure projects, and we remain confident of achieving the order inflow target for the year of
INR3,000 crores.
Supported by sustained public sector investments and a favorable infrastructure spending
environment, we continue to evaluate opportunities selectively with strong focus on project quality,
risk management, returns and margin thresholds. With a strong order book, improving execution
momentum, expanding capabilities and a healthy opportunity pipeline, we remain confident in our
growth prospects and our ability to create long-term value for all stakeholders.
Now moving on to the financial performance for the first quarter ended June 30, 2026. On a stand-
alone basis, revenue from operations for Q1 FY27 stood at INR282 crores as compared to INR309
Page 3 of 16
GPT Infraprojects Limited
August 03, 2026
crores in the corresponding quarter of la
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