GMR Airports Ltd (BOM:532754)
₹ 105.65 -0.85 (-0.8%) Market Cap: 1.12 Tn Enterprise Value: 1.48 Tn PE Ratio: 988.64 PB Ratio: 0 GF Score: 75/100

Q4 2026 GMR Airports Ltd (India) Earnings Call Transcript

May 27, 2026 / 04:30 AM GMT

Key Points

Positve
  • GMR Airports Ltd (BOM:532754) reported a 36% year-on-year increase in total income for Q4 fiscal 2026, reaching INR40.4 billion.
  • EBITDA for the quarter grew 38% year-on-year to INR15.5 billion, with a record high of INR61.5 billion for the full fiscal year, up 47% year-on-year.
  • The company achieved a positive net profit of INR4.72 crores for fiscal 2026, marking the first positive result in over a decade.
  • Non-aeronautical revenue streams contributed significantly, with more than 50% of total income coming from these sources.
  • GMR Airports Ltd (BOM:532754) successfully reduced its consolidated net debt by INR4.7 billion compared to the previous quarter.
Negative
  • The global aviation landscape remains challenging due to geopolitical conflicts, leading to increased jet fuel prices and airspace closures.
  • Temporary international route suspensions and fuel surcharges have caused a slowdown in immediate passenger traffic.
  • Mopa Airport reported a decline in total income by 5% year-on-year for Q4 and 7.7% for the full fiscal year 2026.
  • Hyderabad Airport experienced a softening in traffic and EBITDA growth, resulting in some margin compression.
  • The company anticipates an increase in net debt due to final payments for Bhogapuram and Nagpur airports, totaling around 1,000 crores.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GMRI.NS - GMR Airports Ltd (India)
Q4 2026 GMR Airports Ltd (India) Earnings Call
May 28, 2026 / 04:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to GMR Airports Limited Q4 F526 Earnings Conference Call.

This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company as on the date of this call.

These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict.

As a reminder, all participant lines will be listed only more and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star and zero on a touchstone phone. Please note
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