The Discounted Cash Flow (DCF) valuation of GMR Infrastructure Ltd (GMRINFRA.NS) is (25.70) INR. With the latest stock price at 74.33 INR, the upside of GMR Infrastructure Ltd based on DCF is -134.6%.
Based on the latest price of 74.33 INR and our DCF valuation, GMR Infrastructure Ltd (GMRINFRA.NS) is a sell. Selling GMRINFRA.NS stocks now will result in a potential gain of 134.6%.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
WACC / Discount Rate | 10.3% - 15.5% | 12.9% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (28.55) - (18.99) | (25.70) |
Upside | -138.4% - -125.6% | -134.6% |
(INR in millions) | Projections | |||||
03-2025 | 03-2026 | 03-2027 | 03-2028 | 03-2029 | 03-2030 | |
Revenue | 104,142 | 151,478 | 189,138 | 245,834 | 311,441 | 382,191 |
% Growth | 19% | 45% | 25% | 30% | 27% | 23% |
Cost of goods sold | (4,145) | (5,728) | (6,794) | (8,390) | (10,097) | (11,771) |
% of Revenue | 4% | 4% | 4% | 3% | 3% | 3% |
Selling, G&A expenses | (14,859) | (21,613) | (26,986) | (35,076) | (44,436) | (54,531) |
% of Revenue | 14% | 14% | 14% | 14% | 14% | 14% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (91,491) | (133,076) | (166,162) | (215,970) | (273,607) | (335,763) |
% of Revenue | 88% | 88% | 88% | 88% | 88% | 88% |
Tax expense | (1,816) | 1,673 | 2,022 | 2,546 | 3,126 | 3,720 |
Tax rate | 29% | 19% | 19% | 19% | 19% | 19% |
Net profit | (8,169) | (7,266) | (8,782) | (11,055) | (13,574) | (16,154) |
% Margin | -8% | -5% | -5% | -4% | -4% | -4% |