Financial Performance Highlights (Standalone Basis)

Quarterly Financial Results (Q1FY27 vs Q1FY26):

  • Revenue from Operations: ₹218.59 crore (Q1FY27) vs ₹80.46 crore (Q1FY26) - 171.67% YoY growth
  • EBITDA: ₹28.05 crore (Q1FY27) vs ₹8.35 crore (Q1FY26) - 235.93% YoY growth
  • EBITDA Margin: 12.83% (Q1FY27) vs 10.38% (Q1FY26) - improvement of 245 basis points
  • Profit Before Tax (PBT): ₹15.53 crore (Q1FY27) vs ₹6.32 crore (Q1FY26) - 145.73% YoY growth
  • Profit After Tax (PAT): ₹11.25 crore (Q1FY27) vs ₹4.72 crore (Q1FY26) - 138.35% YoY growth
  • PAT Margin: 5.15% (Q1FY27) vs 5.86% (Q1FY26) - decline of 71 basis points
  • Diluted EPS: ₹1.48 for Q1FY27

Management Commentary

Mr. Ajay Hans, Managing Director, stated that the Q1FY27 performance reflects the strength of the company's evolving business platform and progress in scaling presence across India's infrastructure landscape. The company's focus remains on building execution capabilities across high-growth segments, leveraging experience in infrastructure development and EPC to take on larger and more complex opportunities. Key priorities include strengthening project pipeline, improving execution efficiencies, and maintaining disciplined financial management.

Board Appointments

The company strengthened its Board with the appointment of three Additional Independent Directors:

1. Shri Manoj Aggarwal - Retired IAS officer and Former Managing Director of GIDC and GMDC, with over 45 years of experience in public administration, governance, infrastructure and industrial development. Held several senior leadership positions including Development Commissioner.

2. Shri Dhanraj O. Tawade - Former Member (Technical), National Highways Authority of India (NHAI), with around 37 years of experience in civil engineering and infrastructure development with the Government of India. Extensive expertise in highway development, construction and infrastructure projects.

3. Shri Swarup Dasgupta - Former Executive Director of Bank of India, with over four decades of experience in banking, with expertise spanning corporate credit, risk management, MSME financing, international operations, compliance and corporate governance. Currently serves as Advisor – Corporate Credit at Punjab & Sind Bank.

Awards and Recognition

GHV Infra Projects Limited has been honoured with the "Emerging Contractor of the Year" award at the RAHSTA Awards 2026.

Business Overview

The company is a growing EPC turnkey construction company delivering complex, high-value projects across multiple verticals:

  • Infrastructure: EPC execution of roads, water and railway projects
  • Industrial: EPC execution and LSTK of Steel plant units, Refinery units and other manufacturing process plants
  • Building: EPC execution of residential, commercial, institutional buildings, factory buildings, Integrated townships
  • Coastal Infrastructure: EPC execution for jetties, berths, Ro-Ro, cruise infrastructure, marine connectivity
  • Energy: EPC execution of renewable and conventional energy infrastructure including solar, wind and thermal power
  • Data Centres: Turnkey EPC execution of data centres including civil, MEP, utility integration

Future Outlook

The company remains focused on strengthening execution capabilities, expanding presence across key infrastructure segments, and leveraging emerging opportunities driven by India's infrastructure development cycle.