GMR Infra share price target 2022, 2023, 2024, 2025, 2026, and 2030: In this article, you will learn about GMR Infra share price target 2022, 2023, 2024, 2025, 2026, and 2030, along with the fundamentals and financials of the company.
For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear for you, in this article we have mentioned GMR Infra share price target 2022, 2023, 2024, 2025, 2026, and 2030, along with the fundamentals of the company.
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GMR Infra: Company Profile
It was in 1978, when G M Rao started off with a small jute mill, and established, over three decades later, what is known today as GMR Group. GMR is today a major player in the Infrastructure Sector, with world-class projects in India and abroad. GMR Group is headquartered in New Delhi and has been developing projects in high-growth areas such as Airports, Energy, Transportation, and Urban Infrastructure.
GMR Group is one of the fastest-growing infrastructure enterprises in the country with a rich and diverse experience spanning three decades. With our vibrant portfolio of projects, GMR is uniquely placed to build state-of-the-art projects in sectors that are of critical importance in the process of development. Using the Public-Private Partnership model, the Group has successfully leveraged its core strengths to implement several iconic infrastructure projects in India.
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Share Holding Pattern
Sector-wise Revenue From Operations
GMR Infra Share Price Target 2022
Over the past few years, GMR Infra has consolidated its position, focused on addressing, rationalization, and management of corporate debt and stressed assets while building a platform for growth for the future. GMR Infra has taken many significant steps in implementing its stated strategy to strengthen the balance sheet through improved cash flows from increased profitability, debt reduction through asset monetization, value unlocking, and prudent working capital management while creating avenues for growth.
During the first half of this financial year, GMR Group successfully completed the final leg of strategic partnership transaction for our airport business with Groupe ADP, France based Global Airport Operator, which is a testament to the inherent strength of its Airport portfolio and also to the Group’s credibility and ability to reinvent itself during difficult times. This will have a positive impact on the GMR Infra share price target in the long run. GMR Airports Limited (GAL) is now jointly owned by GMR Infrastructure Limited (51%) and Groupe ADP (49%), with GIL retaining management control.
The money received from the deal has primarily been used for reducing debt and to improve overall liquidity at the Group level. Groupe ADP, formerly Aéroports de Paris or ADP (Paris Airports), is an international airport operator based in Paris (France). Groupe ADP owns and manages Parisian international airports Charles de Gaulle Airport, Orly Airport, and Le Bourget Airport, all gathered under the brand Paris Aéroport since 2016. Overall, the group managed 24 airports and 234.1 million passengers in 2019.
According to the terms of the deal, GMR will retain management control over the airport business with Groupe ADP having board representation at GAL and its key subsidiaries. The strategic partnership is built on a two-way exchange of expertise, personnel, knowledge, and market access. Passengers and other stakeholders will also benefit immensely and thereby setting newer industry-defining benchmarks. On the non-airport side, GMR Infra continues to consolidate the Energy and Highways business with a focus on cash flow improvement by recovering long pending receivables, pursuing claims with the appropriate agencies, and strategically exploring opportunities to unlock value in these businesses. GMR Infra share price target for 2022 is Rs 49.
|GMR Infra share price target 2022|
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GMR Infra Share Price Target 2023
Further, in an important step towards unlocking value, GIL has taken up a restructuring initiative, under which, the group has initiated a vertical demerger of its airport and non-airport businesses. Post the de-merger, GIL will emerge as India’s only pure-play listed airport company. The company’s non-airports business will shift to another listed entity GMR Power and Urban Infra Limited (GPUIL), with a mirror shareholding of GIL. The restructuring will result in simplification of corporate holding structure and enable airport and non-airport businesses to chart their respective growth plans independently.
Further, value creation will be targeted through strategic partnerships and attracting dedicated investor capital. This will have an impact on the GMR Infra share price target. The aviation industry across the globe is facing an unprecedented situation due to the COVID-19 outbreak. In India, a total shut down of all domestic and international air travel was implemented from March 24, 2020, until May 25, 2020, when scheduled domestic operations resumed. This resulted in a near wipeout of passenger traffic across airports in India. Domestic operations started with a cap of 30% of capacity while international travel was restricted to special evacuation flights under the Vande Bharat Mission of the government of India.
International traffic then took a gradual route to recovery till March 2021 reaching about 30% to 35% of a pre-COVID level, while domestic traffic reached about 70% to 75% of pre-COVID levels. The resurgence of COVID-19 in April 2021 led to the reset of traffic to the minimum level. Cargo volume recovery has been much stronger by comparison to pre COVID levels in FY 21 and the second wave has not made a significant impact.
Based on the estimates of various established agencies and looking at the current growth, the next few months will continue to witness a gradual recovery in passenger traffic levels unless we are hit with further waves of COVID-19. As per a recent estimate by IATA, the global passenger traffic level for the year 2021 could be nearly 48% lower than the 2019 level. However, further recovery of traffic may get affected by the resurgence of COVID through additional waves. By considering all the factors, the GMR Infra share price target for 2023 is Rs 58.
|GMR Infra share price target 2023|
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GMR Infra Share Price Target 2024
Given that India has been a large domestic market, its’ recovery has been relatively stronger as international travel has struggled across the world given restrictions imposed by various governments. Further, given that air travel was established as a safe mode of travel, it appeared to encourage many first-time travelers to travel by air. Further, despite the constrained capacity available, at both our airports we were able to expand the network to cover destinations that were not covered earlier. This is likely to further accelerate growth trends post-recovery as new destinations and flyers join the system.
Further GMR has accelerated its innovation activities also and has formally launched GMR Innovex, a new platform for Innovation. GMR Innovex will create a structured mechanism to build creative ideas, nurture and foster them, and build a Go-To-Market strategy for all successful initiatives. It will facilitate startups with various kinds of assistance like mentoring, access to resources, POC opportunities, help with filing patents among others. The collaborators will have access to internal resources, subject matter experts among others in an informal yet aesthetically set ambiance that unleashes creativity.
The advantage that this exchange brings is that collaborators can also try their products/services at GMR Innovex across a very large landscape of businesses like Airports, MRO, Cargo, Logistics, Infrastructure, etc. With a major focus on airports and with a broad array of industries under its span, GMR Innovation Hub is interested in a multitude of technologies like Video Analytics, Machine-Vision, Blockchain, Drone-Tech, Smart Tagging, Contactless Technology, RPA, EV, Autonomous, AR/VR, IoT, and others. By considering the factors, GMR Infra share price target for 2024 is Rs 72.
|GMR Infra share price target 2024|
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GMR Infra Share Price Target 2025
As per the report released by the task force on National Infrastructure Pipeline, a total capital investment of INR 20 trillion has been planned for the roads and bridges sector in the period between 2020 and 2025. The projects include the construction of new expressways and several four and six laning projects. A significant number of projects are expected in new bridge construction, RoBs at level crossings, etc.
The ambitious plan aims at the development of 60,000 Kms of National highways including 2,500 Kms expressways, 9,000 Kms of economic corridors, 2,000 Kms of coastal and port connectivity, bypasses for 45 towns, and enhanced connectivity for 100 tourist destinations by 2024. This will have a huge impact on GMR Infra share price target.
The Highway sector continues to be one of the most dynamic sectors in the country. During FY 2020-21, NHAI awarded record number of projects in Hybrid Annuity Model (HAM) model and a significant number of projects are expected in HAM, BOT, and EPC during FY 2021-22. GMR Infra would analyze all possible opportunities and bid for projects that correspond to the overall strategy of the Group. GMR Infra share price target for 2025 is Rs 86.
|GMR Infra share price target 2025|
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GMR Infra Share Price Target 2030
Though the aviation sector has been going through unprecedented challenges this year due to pandemics, at GMR Airports the company has strategized to convert these challenges into opportunities. Group’s resilience and agile strategies have been helpful in navigating through the current pandemic and at the same time charter the new growth territories.
In line with its larger strategy for airports business, GMR Infra believes that the Airport business has huge underlying strength and it will continue to be the growth engine for the Group. Now with the combined expertise and reach of both GMR and ADP, GMR Infra is strategically much better placed to further scale up the airports business in Indian and new foreign territories. Domestically, GMR is actively pursuing opportunities for new airports as and when they arise. In GMR Infra’s immediate sight is the opportunity for the next round of regional airports privatization.
Out of India, the Group is strategically focusing on promising geographies of South Asia, South East Asia, Middle East, Africa, Eastern Europe, and Latin America. We are actively evaluating and participating in multiple airports privatization opportunities in these geographies.
GMR Airports Business is conceptualized as a platform with airport concessions being the core and a range of adjacent businesses built around the same. GMR Infra’s rich experience over the past decade of operating in diverse markets in the developing world has given it a unique understanding of drivers and a rich understanding of the various adjacency businesses. As a result, GMR Infra pushed forward with Group’s vision to diversify and expand in the airport adjacency space.
GMR Infra is currently evaluating multiple opportunities in the cargo, duty-free, and services business across the geographies and believes that in the short to medium term the company will have more adjacency businesses to add to its overall portfolio. GMR Infra has created a richly experienced team at GMR Airports to drive its vision for airport adjacencies. GMR Infra broke ground in this direction with the launch of Kannur Duty-Free operations in February 2021, notwithstanding challenges due to the COVID pandemic. GMR Infra also evaluated duty-free opportunities in Mumbai, Indonesia, South Korea, and other geographies and this has enhanced the group’s understanding of international duty-free space.
At the same time, Group is also looking to unlock value from its existing non-aero commercial businesses. This year, GMR Infra has launched a range of initiatives to enhance value creation in its non-aero businesses. As a first step, GMR Infra has launched a non-aero Centre for Excellence (CoE) for duty-free and carg businesses. Under the CoE initiative, GMR Infra is going to channel the collective non-aero wisdom of the group to achieve commercial excellence. GMR Infra share price target for 2030 is Rs 210.
|GMR Infra share price target 2030|
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GMR Infra Share Price Target 2022, 2023, 2024, 2025, and 2030
|Year||GMR Infra Share Price Target|
|GMR Infra share price target 2022||Rs 49|
|GMR Infra share price target 2023||Rs 58|
|GMR Infra share price target 2024||Rs 72|
|GMR Infra share price target 2025||Rs 86|
|GMR Infra share price target 2030||Rs 210|
Frequently Asked Questions
Is GMR Infra a good stock to buy?
GMR Infra is not a very strong company in terms of financials and fundamentals. GMR Infra also has a significant debt of more than 5000 crores.
What is the target of GMR Infra?
GMR Infra share price target for 2022 is Rs 49, GMR Infra share price target for 2023 is Rs 58, GMR Infra share price target for 2024 is Rs 72, GMR Infra share price target for 2025 is Rs 86, and GMR Infra share price target for 2030 is Rs 210.
Is GMR Infra a debt-free company?
No, GMR Infra is not a debt-free company. GMR Infra has a significant debt of more than 5000 crores and the debt-to-equity of the company is 0.53.