GPT Infraprojects Ltd (BOM:533761)
₹ 130.9 -6.65 (-4.83%) Market Cap: 16.54 Bil Enterprise Value: 17.16 Bil PE Ratio: 26.93 PB Ratio: 3.29 GF Score: 74/100

Q2 2025 GPT Infraprojects Ltd Earnings Call Transcript

Nov 13, 2024 / 05:30AM GMT
Release Date Price: ₹123.55 (-1.79%)

Key Points

Positve
  • GPT Infraprojects Ltd (BOM:533761) successfully completed a fundraise through a QIP of INR175 crores, demonstrating strong investor confidence with a demand of 2.5x.
  • The company achieved a significant reduction in debt by INR95 crores, improving its financial position and freeing up working capital limits.
  • Revenues for Q2 FY25 increased by 27% year-over-year on a stand-alone basis, indicating strong growth in the company's operations.
  • The Infrastructure segment, which accounts for 93% of total revenues, continues to perform well with a robust order backlog of INR3,372 crores.
  • The company is now eligible to bid for projects above INR1,500 crores, expanding its potential market and growth opportunities.
Negative
  • The consolidated EBITDA margin fell from 13.8% to 11.5%, primarily due to currency fluctuations in Ghana, impacting overall profitability.
  • The order book decreased slightly from INR3,670 crores to INR3,610 crores, indicating a potential slowdown in order inflows.
  • The concrete Sleeper segment's year-over-year sales remained flat, with challenges in increasing sales despite expectations.
  • Currency translation losses in Ghana due to local currency volatility affected financial results, although these were non-cash losses.
  • Despite strong financial performance, the market has not fully recognized the company's growth, as reflected in its stock valuation.
Operator

Ladies and gentlemen, good day, and welcome to GPT Infraprojects Limited Q2 and H1 FY25 conference call. (Operator Instructions)

Before we begin, I would like to say that this conference call may contain forward-looking statements about the company, which are based completely on the company's beliefs, opinions and expectations as of today. The statements made in today's call are not a guarantee of future performance and involve risks and uncertainties that are difficult to predict. The company also undertakes no obligation to update any forward-looking statements to reflect development that occur after the statement is made.

I now hand the conference over to Mr. Atul Tantia, Executive Director and CFO. Thank you, and over to you, sir.

Atul Tantia
GPT Infraprojects Ltd - Chief Financial Officer, Executive Director

Good morning, everyone, and a warm welcome to the GPT Infraprojects Limited second quarter ended September 30, 2024, earnings conference call. I hope you all had the opportunity to review the financials as well as the presentation

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot