GMR Airports Key Ratios
NSE: GMRAIRPORT | BSE: 532754
₹96.87
As on 03-Sep-2026 15:59IST
Market cap
₹1,02,010 Cr
Revenue (TTM)
₹15,566 Cr
P/E Ratio
213.4
P/B Ratio
-38.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.66 | 23.67 | 38.77 | 28.99 | 27.58 |
| EBIT | -0.11 | 46.67 | 102.48 | 68.58 | 54.59 |
| Net Profit | -71.20 | 130.46 | 146.79 | 48.51 | 22.39 |
| EPS | -69.89 | 143.01 | 203.31 | 79.56 | 16.02 |
| Book Value | -- | -- | 0.86 | -71.10 | 1.71 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 20.47 | 19.56 | 27.21 | 26.47 | 17.82 |
| Net Margin
| -4.48 | -8.06 | 3.23 | 3.11 | -7.54 |
| Return on equity
| 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Return on Capital
| 9.33 | 7.56 | -- | 11.88 | 8.99 |
| Return on Assets
| -0.86 | -1.30 | 1.00 | 0.92 | -1.70 |
| Debt to Equity (x)
| -- | -- | -13.91 | -17.02 | -15.03 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
11.88
|
8.99
|
7.13
|
5.64
|
|
Peer Median
|
17.20
|
--
|
--
|
--
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.22
|
--
|
--
|
--
|
--
|
ROA
1.00
Lower than Peers by 9.72
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
1.00
|
0.92
|
-1.70
|
-1.82
|
-2.13
|
|
Peer Median
|
10.72
|
--
|
--
|
--
|
--
|
EBIT Margin
27.21
Higher than Peers by 10.31
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
27.21
|
26.47
|
17.82
|
17.13
|
10.00
|
|
Peer Median
|
16.90
|
--
|
--
|
--
|
--
|
Net Margin
3.23
Lower than Peers by 9.74
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
3.23
|
3.11
|
-7.54
|
-9.00
|
-11.67
|
|
Peer Median
|
12.97
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
15.59
|
10.50
|
7.28
|
2.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
38.77
Lower than Peers by 2.80
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
38.77
|
42.18
|
18.96
|
31.18
|
45.06
|
|
Peer Median
|
41.57
|
--
|
--
|
--
|
--
|
EBIT Growth
102.48
Higher than Peers by 52.59
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
102.48
|
111.28
|
23.71
|
124.69
|
-44.98
|
|
Peer Median
|
49.89
|
--
|
--
|
--
|
--
|
Net Profit Growth
146.79
Higher than Peers by 114.85
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
146.79
|
157.83
|
1.45
|
2.30
|
-12.77
|
|
Peer Median
|
31.94
|
--
|
--
|
--
|
--
|
EPS Growth
203.31
--
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
203.31
|
144.67
|
59.84
|
-211.99
|
82.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
0.86
|
-27.71
|
-172.98
|
3.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
-13.91
Lower than Peers by 14.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
-13.91
|
-17.02
|
-15.03
|
-16.30
|
-40.29
|
|
Peer Median
|
0.16
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
-0.37
|
-0.49
|
-0.03
|
-0.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.77
Lower than Peers by 0.76
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
0.77
|
0.77
|
0.66
|
1.18
|
0.98
|
|
Peer Median
|
1.53
|
--
|
--
|
--
|
--
|
Quick Ratio
0.73
Lower than Peers by 0.79
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
0.73
|
0.73
|
0.64
|
1.16
|
0.96
|
|
Peer Median
|
1.52
|
--
|
--
|
--
|
--
|
Interest Coverage
1.16
Lower than Peers by 8.78
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
1.16
|
1.15
|
0.83
|
0.78
|
0.69
|
|
Peer Median
|
9.94
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
3.83
Lower than Peers by 18.24
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
3.83
|
4.03
|
5.10
|
5.50
|
5.53
|
|
Peer Median
|
22.07
|
--
|
--
|
--
|
--
|
Asset Turnover
0.30
Lower than Peers by 0.18
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
0.30
|
0.29
|
0.22
|
0.19
|
0.17
|
|
Peer Median
|
0.48
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
13.89
|
17.74
|
17.73
|
20.36
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
8.66
|
5.13
|
5.52
|
6.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
433.71
|
1,208.77
|
1,647.10
|
1,358.36
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
-411.16
|
-1,185.90
|
-1,623.85
|
-1,331.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
213.35
Higher than Peers by 184.94
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
213.35
|
509.63
|
--
|
--
|
--
|
|
Peer Median
|
28.41
|
--
|
--
|
--
|
--
|
Price / Book Value
-38.62
Lower than Peers by 42.35
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
-38.62
|
-32.64
|
-28.91
|
-22.76
|
-30.86
|
|
Peer Median
|
3.73
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.50
|
--
|
--
|
--
|
--
|
EV/EBITDA
22.25
Lower than Peers by 4.98
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
22.25
|
21.28
|
27.90
|
23.91
|
22.77
|
|
Peer Median
|
27.22
|
--
|
--
|
--
|
--
|
Market Cap
1,02,010
Higher than Peers by 99,061
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
GMR Airports
|
1,02,010
|
89,435
|
79,890
|
49,265
|
24,463
|
|
Peer Median
|
2,949
|
--
|
--
|
--
|
--
|