GMR Airport’s forecasted targets are ₹91–₹100 (2025), ₹120–₹132 (2027), ₹153–₹163 (2028), ₹140–₹194 (2030), and ₹185–₹220 (2040) driven by rising passenger traffic and long-term airport expansion.
Overview Of GMR Airport
GMR Airports Infrastructure Limited stands as one of India’s leading airport infrastructure companies, responsible for developing and managing airports like Delhi and Hyderabad. The company directly benefits from India’s booming aviation sector, government-driven airport expansion policies, and urbanization trends. With operations spanning multiple high-traffic airports and various auxiliary businesses, GMR Airport’s strategic positioning offers substantial growth prospects for investors seeking exposure to the infrastructure and transport industries.
Fundamental Analysis Of GMR Airport
Core Financial Ratios (2025)
- Market Capitalization: ₹1,03,140 crore (up 25.2% YoY)
- Revenue (TTM): ₹12,391.80 crore
- Net Profit (TTM): -₹153 crore (net loss, improved YoY)
- Debt: High debt levels are a factor to consider
- Interest Coverage Ratio: Low (raises caution on debt sustainability)
- Intrinsic Value: ₹50.5 (estimated median historical models)
- EPS (FY 2025): -0.19
Recent Performance Highlights
- Q2 FY 2025-26 Total Income: ₹3,754 crore (+44.5% YoY)
- EBITDA (Q2 FY26): ₹1,531 crore
- Passenger Traffic (Q1 FY26): 30.1 million (+4% YoY)
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Valuation and Investment Signals
- The company’s fundamentals are strong relative to market peers, but valuation ratios (P/E, P/B) indicate current shares may be somewhat overvalued compared to intrinsic value models.
- High revenue growth and increasing passenger traffic suggest robust underlying business growth.
- Caution is advised due to persistent net losses and elevated debt levels in financials.
GMR Airport Share Price Target 2025
- Share Price Target (2025): ₹91.5 – ₹100
- Annual Target Change: +8.85%
- Rationale: Growth supported by infrastructure projects, increasing passenger flow, and government airport policy focus.
- Factors: Expansion contracts, urbanization, and government focus on airport modernization continue boosting demand.
GMR Airport Share Price Target 2027
- Share Price Target (2027): ₹120 – ₹132.27
- Annual Target Change: +13.50%
- Outlook: Company’s ongoing developments and operating efficiency promote steady mid-term stock appreciation. Growth is expected to accelerate with new airport projects coming online.
GMR Airport Share Price Target 2028
- Share Price Target (2028): ₹153.55 – ₹163.39
- Growth Scenario: Forward expansion, potential international operations, and improved financial health may lead to block-buster years if government airport privatization proposals proceed.
GMR Airport Share Price Target 2030
- Share Price Target (2030): ₹140 – ₹193.68
- Long-Term Perspective: Major infrastructure completions and higher utilization rates should drive consistent capital appreciation over the next five years, with the average target set at ₹140, and the bullish upper limit breaching ₹193.
GMR Airport Share Price Target 2040
- Share Price Target (2040): ₹185 – ₹220
- Annual Target Change: +22.94%
- Projection: Sustained cash flows from diversified airport portfolios, new business segments, and India’s long-term aviation growth rate could catapult the price well above current levels by 2040.
The Last Few Years’ Performance of GMR Airport
Profit Growth
| Year | Net Profit (₹ Cr) |
| 2023-24 | -14,821.28 |
| 2024-25 | -36,315.18 |
| TTM (Sep 2025) | -153 |
Sales Growth
| Year | Total Revenue (₹ Cr) |
| 2023-24 | 27,642.86 |
| 2024-25 | 43,697.39 |
| TTM | 12,391.80 |
Key Performance Metrics
| Metric | Amount (FY 2025/TTM) |
| ROE (%) | Negative (Net loss) |
| ROCE (%) | Negative (Net loss) |
| Total Assets | ₹63,958.04 Cr (2024) |
| Total Expenditure | ₹63,958.04 Cr (2024) |
| Net Cash Flow | Data indicates deficits, reinvestments |
| Other Income | ₹2,035.34 Cr (2025) |
Discussion About Share Holding Pattern Of GMR Airport
GMR Airport’s shareholding structure includes major promoter holdings, FII investments, and retail ownership. As per the latest reports:
- Promoter Holding: Majority, showcasing continued confidence in the company.
- FII/DII: Steady institutional interest, though there have been minor quarterly changes.
- Public Shareholding: Remains sizable, reflecting retail investor participation.
GMR Airport Share Price Target Prediction In The Last Few Years
| Year | Target Price (₹) | Annual Change (%) |
| 2025 | 91.5 | +8.85 |
| 2027 | 120 | +13.50 |
| 2028 | 153.55 | +19.50 |
| 2030 | 140 | +19.68 |
| 2040 | 185 | +22.94 |
| Upper Estimate 2040 | 220 | +33.68 |
Peers Company Of GMR Airport
When evaluating investment decisions, it’s crucial to compare GMR Airport with sector peers for context:
| Peer Company | Market Cap (₹ Cr) | Revenue (TTM) (₹ Cr) | Profit (TTM) (₹ Cr) | Notes |
| Adani Airports | 3,45,640* | NA | NA | Largest peer, expansion-focused |
| Airports Authority of India | NA | NA | NA | Government-backed, not publicly traded |
| IRB Infrastructure | 16,752 | ~8,000 | ~672 | Diversified infra & toll ops |
| Larsen & Toubro | 4,03,455 | ~1,39,000 | ~10,582 | Diversified EPC, airport projects |
*Market cap as of Nov 2025.
Should I Invest in GMR Airport Share Right Now?
Positive Sides
- Dominance in India’s fastest-growing aviation market
- Consistent increase in passenger traffic and income
- Strategic government contracts and privatization boost long-term growth
- High promoter and institutional holding signal long-term confidence
Negative Sides
- Persistent net losses and high debt could delay profit turnaround
- Share price currently above intrinsic value per most models
- Capital-intensive sector with longer payback periods
- Regulatory and macro risks, including aviation cycles and cost inflation
Final Investment Call
GMR Airport offers strong long-term prospects for new investors focusing on infrastructure and growth. However, investing now requires patience and risk tolerance due to present financial drawbacks. Investors are advised to average their entry price through staggered purchasing and periodic evaluation.
FAQ
What is GMR Airport Share Price Target for 2025?
- ₹91.5 to ₹100 per share, given forecasted revenue growth and expansion plans.
What is GMR Airport Share Price Target for 2027?
- Target range ₹120 to ₹132.27, according to steady business expansion and market sentiment.
What is GMR Airport Share Price Target for 2028?
- Estimate ₹153.55 to ₹163.39, factoring in privatization and new project completions.
What is GMR Airport Share Price Target for 2030?
- ₹140 to ₹193.68, contingent on long-term infrastructure delivery and market performance.
What is GMR Airport Share Price Target for 2040?
- ₹185 to ₹220, projecting sustained sector leadership and steady income growth.
Conclusion
GMR Airports Infrastructure Limited stands at the apex of India’s aviation and transport infrastructure revolution. The company’s long-term value is rooted in sequential revenue growth, passenger flow increases, and strong strategic alliances. However, investors must note the high debt levels, net losses, and overvalued price signals in recent quarters. Wise investors should consider long-term entry strategies with periodic price tracking, while also understanding sector volatility and capital risks