GPT Infraprojects Ltd

Order details

• Client: Office of the General Manager, Northeast Frontier Railway, Guwahati, India (domestic).
• Contract scope: Provision of Electronic Interlocking at multiple stations on Katihar Division route.
• Value: Rs 97.31 crore; tax details not disclosed.
• Awarded to Alcon Builders and Engineers Private Limited, GPT Infraprojects' wholly owned subsidiary (related party).

AGM details

• AGM held on 8 August 2026 from 11:00 to 12:35 via VC/OAVM.

Adoption of financial statements

• Audited standalone and consolidated financials for FY2025-26 adopted; resolutions passed.

Interim dividend approved

• Interim dividend of ₹2.75 per share approved (27.5%).

Director re-appointment

• Vaibhav Tantia re-appointed as director on rotation.

Cost auditor remuneration

• Remuneration for Cost Auditor for FY2026-27 ratified at ₹60,000 plus taxes.

AGM Details

• 46th AGM held Saturday, August 8, 2026 at 11:00 A.M. IST via VC/OAVM.
• Record cut-off date for voting: August 1, 2026.
• Meeting duration: 11:00 A.M. to 12:35 P.M. IST including e-voting.
• Mode: VC/OAVM under MCA circulars.
• Attendance: 97 members, 69.72% shares represented.

Resolutions

• Adopt audited standalone and consolidated financial statements for year ended March 31, 2026.
• Approve interim dividend of ₹2.75 per share (27.5%).
• Re-appoint Vaibhav Tantia as director, retiring by rotation.
• Ratify cost auditor remuneration for FY 2026-27.

Voting and Results

• Combined results of remote and on-site voting to be communicated to exchanges and on MIIPL website.

Dividend

• Interim dividend of ₹2.75 per share approved for FY 2025-26.

Director Changes

• Vaibhav Tantia to be re-appointed as director on rotation basis.

Auditors

• Cost auditor remuneration for FY 2026-27 ratified.

Order details

• Client awarding the order: CAO CON, Eastern Railway (India).
• Scope: Commissioning auto signaling using MSDAC and Electronic Interlocking for DFC work between New Mugma and Mugma Yard.
• Contract value: Rs 72.5 crore.
• Awarding entity is domestic, being Eastern Railway, India.
• Recipient: Alcon Builders and Engineers Private Limited, GPT Infraprojects' wholly owned subsidiary.
• Relation: Award to a GPT Infraprojects subsidiary (related party); arm's-length terms not disclosed.

Meeting details

• Date and time: Aug 3, 2026 at 11:00 IST.
• Type and mode: group virtual conference call for analysts and investors.
• Event organiser: GPT Infraprojects Limited; MUFG Intime India Private Limited.
• Purpose: discuss unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Key company participants: Jt. Managing Director & CFO; other company representatives.

Dematerialisation processing and listing

• Dematerialisation requests received during quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised were listed on the stock exchanges where the earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

AGM/AR access letters

• Dispatched letters to unregistered-email shareholders with a web-link for FY2025-26 AR and AGM notice.
• Complies with SEBI LODR Regulations 36(1)(b) and 30 disclosures.

AGM Details

• 46th AGM on Aug 8, 2026 at 11:00 A.M. IST via VC/OAVM.
• Deemed venue: GPT Centre, Salt Lake, Kolkata.
• Cut-off for e-voting: Aug 1, 2026.
• e-Voting period: Aug 5–7, 2026, 9:00 AM–5:00 PM IST.
• Members' books/records closure: Jul 31–Aug 7, 2026.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY 2025-26.
• Interim dividend of ₹2.75 per share to be paid (agenda item).
• Re-appoint Vaibhav Tantia as Director retiring by rotation.
• Ratify remuneration of Cost Auditors for 2026-27.

Voting and Results

• Voting outcomes not provided in the filing chunk.

Dividend

• Interim dividend proposed: ₹2.75 per share.

Directors

• Vaibhav Tantia to be re-appointed; term aligned with 2025 approval.
• Last drawn remuneration: ₹236.10 lakh in FY2025-26.
• Relation: Tantia is brother of Atul Tantia, Joint MD & CFO.

Auditors

• Cost auditors remuneration: ₹60,000 plus taxes and out-of-pocket expenses.

Related Party Transactions

• No material related party transactions disclosed.

Other Approvals

• e-voting facility arranged through MIIPL; remote and meeting voting.
• Notice and Annual Report available electronically.

Financial highlights

• Standalone revenue ₹1,226.3 cr; Consolidated ₹1,289.9 cr; YoY growth ~5.8%.
• Standalone EBITDA ₹184.25 cr; Consolidated ₹188.57 cr; margins ≈15%.
• PAT: Standalone ₹96.46 cr; Consolidated ₹96.64 cr; EPS ₹7.63 / ₹7.70.

Orders & backlog

• Highest annual inflow ₹2,422 cr; closing order book ₹4,476 cr.
• Railways ~50%, Roads ~38%, Sleepers ~10%, Signalling ~2%.
• FY27 inflows guidance ₹3,000 cr.

Acquisitions & expansions

• Alcon acquisition completed Feb 2026 for ₹151.83 cr; railway signalling EPC entry.
• Ghana sleeper facility operational; 10,000 MT steel girder facility in Majinan, WB.
• HAM project won in Rajasthan; diversification into HAM roads.

Dividends & capital structure

• FY26 dividend ₹2.75 per share; total ₹3,475.03 lakh.
• CRISIL rating reaffirmed: Long-term A/Stable; Short-term A1.
• Net debt to equity ratio 0.48x; net debt ₹29,184.34 lakh.

Segments & geography

• Infrastructure revenue standalone ₹1,15,085.47 lakh; Sleepers ₹7,739.94 lakh.
• Consolidated revenue ₹1,28,991.69 lakh; India ₹1,25,793.80 lakh; Abroad ₹3,197.89 lakh.
• Single customer in infrastructure accounts for ₹55,494.34 lakh.

Governance & risk

• Board consists of 10 directors; Tantia passed away; Dr. Om Tantia appointed Chairman.
• Hari Modi appointed Independent Director; CSR Committee reconstituted.
• Risk governance includes independent directors, risk policy, and CSR oversight.

Audit & internal controls

• Statutory auditors: M S K A & Associates LLP; Agarwal Lodha & Co; terms to 2028-29 and 2027-28.
• Internal Auditor: S S Kothari Mehta & Co. LLP; Secretarial audit MR-3; no material weaknesses.
• ERP SAP controls; TCWG policy; board oversight of internal controls.