G R Infraprojects (NSE:GRINFRA) ROE %: 8.83% (As of Mar. 2026) — 61% Below Median


NSE:GRINFRA G R Infraprojects Ltd NSE:GRINFRA
77 GF Score
Price ₹909.10
GF Value ₹1,213.70
Valuation Modestly Undervalued
! 6 Warning Signs
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What is G R Infraprojects ROE %?

G R Infraprojects NSE:GRINFRA +1.98% 77 ROE % is 8.83% as of Mar. 2026, which is 61% below its 10-year median of 22.68. GuruFocus rates NSE:GRINFRA with a GF Score™ of 77/100 and a GF Value™ of ₹1,213.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,744 Construction companies, G R Infraprojects ranks better than 62.96% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. G R Infraprojects's annualized net income for the quarter that ended in Mar. 2026 was ₹8,279 Mil. G R Infraprojects's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹93,796 Mil. Therefore, G R Infraprojects's annualized ROE % for the quarter that ended in Mar. 2026 was 8.83%.

The historical rank and industry rank for G R Infraprojects's ROE % or its related term are showing as below:

NSE:GRINFRA' s ROE % Range Over the Past 10 Years
Min: 10.1   Med: 22.68   Max: 32.14
Current: 10.11

During the past 8 years, G R Infraprojects's highest ROE % was 32.14%. The lowest was 10.10%. And the median was 22.68%.

NSE:GRINFRA's ROE % is ranked better than
62.96% of 1744 companies
in the Construction industry
Industry Median: 6.705 vs NSE:GRINFRA: 10.11

G R Infraprojects  (NSE:GRINFRA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8278.6/93796.492
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8278.6 / 100016.504)*(100016.504 / 160481.322)*(160481.322 / 93796.492)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.28 %*0.6232*1.711
=ROA %*Equity Multiplier
=5.16 %*1.711
=8.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8278.6/93796.492
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8278.6 / 12786.396) * (12786.396 / 12873.724) * (12873.724 / 100016.504) * (100016.504 / 160481.322) * (160481.322 / 93796.492)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6475 * 0.9932 * 12.87 % * 0.6232 * 1.711
=8.83 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


G R Infraprojects ROE % Related Terms


G R Infraprojects ROE % Historical Data

* Premium members only.

The historical data trend for G R Infraprojects's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

G R Infraprojects ROE % Chart

G R Infraprojects Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 18.93 26.26 19.10 12.61 10.10

G R Infraprojects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.03 11.50 8.63 11.61 8.83

NSE:GRINFRA vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, G R Infraprojects's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


G R Infraprojects ROE % vs Construction Industry

For the Construction industry and Industrials sector, G R Infraprojects's ROE % distribution charts can be found below:

* The bar in red indicates where G R Infraprojects's ROE % falls into.


NSE:GRINFRA
77GF Score
G R Infraprojects Ltd NSE:GRINFRA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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G R Infraprojects ROE % Calculation

G R Infraprojects's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=9028.414/( (84915.369+93796.492)/ 2 )
=9028.414/89355.9305
=10.10 %

G R Infraprojects's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=8278.6/( (0+93796.492)/ 1 )
=8278.6/93796.492
=8.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.83% mean?
G R Infraprojects (NSE:GRINFRA) has a ROE % of 8.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on G R Infraprojects and its competitors. This is 61% below median its historical median of 22.68. Over the past decade, G R Infraprojects' ROE % has ranged from 10.10 to 32.14. According to the industry distribution chart, G R Infraprojects ranks #646 out of 1744 companies in the Construction industry, placing it in the top 37%.
Is G R Infraprojects' ROE % too high?
G R Infraprojects' current ROE % of 8.83% is 61% below median its 10-year median of 22.68. Over the past 10 years, this metric has ranged from a low of 10.10 to a high of 32.14. The Construction industry median ROE % is 6.71. G R Infraprojects' value of 8.83% is 31.7% above this industry median. Based on the distribution chart, G R Infraprojects ranks #646 out of 1744 companies in the Construction industry, which is above the industry midpoint. Overall, G R Infraprojects has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G R Infraprojects' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, G R Infraprojects ranks #646 out of 1744 companies for ROE %. This puts G R Infraprojects in the upper half of its industry. The industry median ROE % is 6.71. G R Infraprojects' value of 8.83% is 31.7% above this benchmark. Historically, G R Infraprojects' own ROE % has ranged from 10.10 to 32.14 over the past decade. While the company's 10-year median is 22.68 vs. the industry median of 6.71, G R Infraprojects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.71, based on 1,744 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. G R Infraprojects's current ROE % of 8.83% is 31.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on G R Infraprojects and its competitors. For the Construction industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G R Infraprojects's current ROE % is 8.83%, which is 61% below median its own 10-year median of 22.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G R Infraprojects stock overvalued right now?
Based on GuruFocus' analysis, G R Infraprojects (NSE:GRINFRA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,213.70, compared to a current price of ₹909.10 — trading 25.1% below its estimated fair value. The current ROE % is 8.83%, which is 61% below median its 10-year median of 22.68 and 31.7% above the Construction industry median of 6.71. G R Infraprojects' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For G R Infraprojects (NSE:GRINFRA), the current ROE % is 8.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is G R Infraprojects (NSE:GRINFRA) Overvalued in 2026?

Based on GuruFocus' analysis, G R Infraprojects stock appears to be undervalued. The current stock price of ₹909.10 is trading 25.1% below its estimated GF Value™ of ₹1,213.70. GuruFocus considers G R Infraprojects to be Modestly Undervalued.

Key valuation signals for NSE:GRINFRA:

  • ROE %: 8.83% (61% below median its 10-year median of 22.68)
  • GF Value™: ₹1,213.70 vs. price of ₹909.10 (25.1% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 31.7% above the Construction median (#646 of 1744)

No single metric tells the full story. See the NSE:GRINFRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G R Infraprojects Business Description

Other Exchanges 543317:India
Address GR House, Hiran Magri, Sector 11, Udaipur, RJ, IND, 313 002
G R Infraprojects Ltd is an integrated road engineering, procurement and construction (EPC) company. The segment divided into three categories namely Engineering Procurement and Construction which includes Construction of road and other infra facilities. Build, Operate and Transfer (BOT)/Annuity Projects in which Construction, operation, and maintenance of roads under the concession agreement. and other include the sale of products, job work charges, and other miscellaneous income. It generates majority of the revenue from Build, Operate and Transfer (BOT)/annuity Projects segment.
77GF Score

Get the complete analysis for NSE:GRINFRA

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹909.10
Price
₹1,213.70
GF Value