Share price
₹99.4 latest close · −11.9% over the last 90 sessions
₹99.4 month-end · −8.3% over 12 months
₹99.4 month-end · +66.2% over 3 years
₹99.4 month-end · +553.9% since Jan '19
52-week range ₹84.11 to ₹115.64 · 1-year volatility 33.3%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-38.0% (2020-02 peak to 2020-03 low, recovered 2020-08)
-33.0% (2022-01 peak to 2022-05 low, recovered 2023-07)
-31.9% (2024-07 peak to 2025-02 low, recovered 2025-11)
Most recent volume spikes
2026-10-09: 6.4x the 50-day median, price +5.2% that day
2026-10-08: 5.5x the 50-day median, price -3.8% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Where does it rank among Transportation peers?
Each cell is the company's percentile rank among its Transportation peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE54th▲ 34 pts vs a year ago
- Op. margin86th▲ 4 pts vs a year ago
- Revenue growth89th▲ 15 pts vs a year ago
- Cash cycle ↓100th▲ 15 pts vs a year ago
- P/E ↓5th
- 12M momentum51st▼ 41 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Transportation sector page Watch it move against Transportation in the Observatory
What is the price implying?
At a P/E of 216.1x, the price would imply about 46.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Transportation The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹99.40
- P/E
- 216.1x
- ROCE
- 12.0%
- Market Cap
- ₹1.06L cr
- Revenue (TTM)
- ₹15569 cr
- P/S
- 6.8x
- Operating Margin
- 37.0%
- Promoter Holding
- 67.2%
- 12M Momentum
- -8.3%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance55%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 55.4%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate29%Within range
Median quarterly effective tax rate over about 2.5 years: 29.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-5 daysWithin range
Debtor days are below the median of the previous three fiscal years by 5 days (15 vs 20). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress19% of fixed assetsWithin range
Capital work-in-progress is 19% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, promoters added 8.1 pts; FIIs trimmed 6.3 pts; DIIs added 0.9 pts.
- The number of shareholders rose from 4.6 lakh to 6.8 lakh (+46%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like GMR AIRPORTS LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −23% to +14% vs the market, against −2% for all non-financial companies in the same months.
- The gap against the base rate (−6.2%, 80% range −14.1% to +1.8%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 35 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TRENT Retail Trade |
Jul 2023 | 141x | 12% | +39% | −1% | +125% |
| CHALET Consumer Services |
Feb 2025 | 190x | 10% | −9% | −28% | −7% |
| TORNTPHARM Health Technology |
Jan 2020 | 75x | 13% | +6% | −5% | +13% |
| DEVYANI Consumer Services |
Dec 2022 | 139x | 16% | +10% | −15% | −16% |
| WESTLIFE Consumer Services |
Sep 2023 | 131x | 15% | +30% | −6% | −30% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/S. Not used (unavailable for this company): debt/equity. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Oct '21
- OctPriceVolume reached 6.4x its 50-day median on 2026-10-09; price +5.2% that day.
- JunResultsEPS (TTM) turned positive.
- JunPeer rankMoved into the 2nd quartile of Transportation on ROCE (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 6017% of profit).
- MayPriceVolume reached 10.5x its 50-day median on 2026-05-29; price +2.6% that day.
- MarInstitutionsFII + DII holding rose 3.4 pts over 2 quarters to 23.6%.
- MarPriceVolume reached 5.3x its 50-day median on 2026-03-30; price -4.9% that day.
- NovPriceRegained the 2024-07 peak, 9 months after the low.
Show 22 earlier events
- NovPriceVolume reached 12.2x its 50-day median on 2025-11-18; price +6.2% that day.
- SepPriceVolume reached 10.4x its 50-day median on 2025-09-11; price +0.1% that day.
- JunPeer rankSlipped to the bottom quartile of Transportation on ROCE (from the 3rd quartile).
- JunSharesShare count is up 74.8% over 12 months.
- JunPriceVolume reached 8.2x its 50-day median on 2025-06-20; price +0.5% that day.
- FebPriceFell 32% from the Jul 2024 peak to the Feb 2025 low.
- DecPromoterPromoter holding rose 7.0 pts to 66.1%.
- DecInstitutionsFII + DII holding fell 13.6 pts over 2 quarters to 19.3%.
- SepPriceVolume reached 5.6x its 50-day median on 2024-09-05; price +2.5% that day.
- JunResultsRevenue (TTM) reached a new high of ₹8,755 cr.
- JunPeer rankMoved into the 3rd quartile of Transportation on ROCE (from the bottom quartile).
- AprPriceVolume reached 6.2x its 50-day median on 2024-04-26; price +6.6% that day.
- JanPriceVolume reached 11.7x its 50-day median on 2024-01-08; price +3.6% that day.
- DecPriceVolume reached 86.2x its 50-day median on 2023-12-08; price +11.7% that day.
- AugPriceVolume reached 14.8x its 50-day median on 2023-08-24; price +9.4% that day.
- JulPriceRegained the 2022-01 peak, 14 months after the low.
- NovPriceVolume reached 6.2x its 50-day median on 2022-11-30; price +5.7% that day.
- SepPriceVolume reached 7.5x its 50-day median on 2022-09-02; price +2.6% that day.
- MayPriceFell 33% from the Jan 2022 peak to the May 2022 low.
- MayPriceVolume reached 11.2x its 50-day median on 2022-05-24; price +1.0% that day.
- JanPriceVolume reached 6.6x its 50-day median on 2022-01-07; price -5.2% that day.
- OctPriceVolume reached 8.0x its 50-day median on 2021-10-01; price +6.9% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 216.1x | ₹15569 cr | — | 12.0% | — |
| 2026-10 | 189.0x | ₹15569 cr | — | 12.0% | — |
| 2026-09 | 206.8x | ₹15569 cr | — | 12.0% | — |
| 2026-08 | 550.8x | ₹14807 cr | — | 12.0% | — |
| 2026-07 | 619.2x | ₹14807 cr | — | 12.0% | — |
| 2026-06 | 659.4x | ₹14807 cr | — | 12.0% | — |
| 2026-05 | — | ₹13732 cr | — | 7.0% | — |
| 2026-04 | — | ₹13732 cr | — | 7.0% | — |
| 2026-03 | — | ₹13732 cr | — | 7.0% | — |
| 2026-02 | — | ₹12391 cr | — | 7.0% | — |
| 2026-01 | — | ₹12391 cr | — | 7.0% | — |
| 2025-12 | — | ₹12391 cr | — | 7.0% | — |
| 2025-11 | — | ₹11216 cr | — | 7.0% | — |
| 2025-10 | — | ₹11216 cr | — | 7.0% | — |
| 2025-09 | — | ₹11216 cr | — | 7.0% | — |
| 2025-08 | — | ₹10413 cr | — | 7.0% | — |
| 2025-07 | — | ₹10413 cr | — | 7.0% | — |
| 2025-06 | — | ₹10413 cr | — | 7.0% | — |
| 2025-05 | — | ₹9997 cr | — | 6.0% | — |
| 2025-04 | — | ₹9997 cr | — | 6.0% | — |
| 2025-03 | — | ₹9997 cr | — | 6.0% | — |
| 2025-02 | — | ₹9571 cr | — | 6.0% | — |
| 2025-01 | — | ₹9571 cr | — | 6.0% | — |
| 2024-12 | — | ₹9571 cr | — | 6.0% | — |
| 2024-11 | — | ₹9140 cr | — | 6.0% | — |
| 2024-10 | — | ₹9140 cr | — | 6.0% | — |
| 2024-09 | — | ₹9140 cr | — | 6.0% | — |
| 2024-08 | — | ₹8755 cr | — | 6.0% | — |
| 2024-07 | — | ₹8755 cr | — | 6.0% | — |
| 2024-06 | — | ₹8755 cr | — | 6.0% | — |
| 2024-05 | — | ₹6674 cr | — | 4.0% | — |
| 2024-04 | — | ₹6674 cr | — | 4.0% | — |
| 2024-03 | — | ₹6674 cr | — | 4.0% | — |
| 2024-02 | — | ₹6674 cr | — | 4.0% | — |
| 2024-01 | — | ₹6674 cr | — | 4.0% | — |
| 2023-12 | — | ₹6674 cr | — | 4.0% | — |
| 2023-11 | — | ₹6674 cr | — | 4.0% | — |
| 2023-10 | — | ₹6674 cr | — | 4.0% | — |
| 2023-09 | — | ₹6674 cr | — | 4.0% | — |
| 2023-08 | — | ₹6674 cr | — | 4.0% | — |
| 2023-07 | — | ₹6674 cr | — | 4.0% | — |
| 2023-06 | — | ₹6674 cr | — | 4.0% | — |
| 2023-05 | — | ₹4601 cr | — | 5.0% | — |
| 2023-04 | — | ₹4601 cr | — | 5.0% | — |
| 2023-03 | — | ₹4601 cr | — | 5.0% | — |
| 2023-02 | — | ₹4601 cr | — | 5.0% | — |
| 2023-01 | — | ₹4601 cr | — | 5.0% | — |
| 2022-12 | — | ₹4601 cr | — | 5.0% | — |
| 2022-11 | — | ₹4601 cr | — | 5.0% | — |
| 2022-10 | — | ₹4601 cr | — | 5.0% | — |
| 2022-09 | — | ₹4601 cr | — | 5.0% | — |
| 2022-08 | — | ₹4601 cr | — | 5.0% | — |
| 2022-07 | — | ₹4601 cr | — | 5.0% | — |
| 2022-06 | — | ₹4601 cr | — | 5.0% | — |
| 2022-05 | — | ₹3566 cr | — | 1.0% | — |
| 2022-04 | — | ₹3566 cr | — | 1.0% | — |
| 2022-03 | — | ₹3566 cr | — | 1.0% | — |
| 2022-02 | — | ₹3566 cr | — | 1.0% | — |
| 2022-01 | — | ₹3566 cr | — | 1.0% | — |
| 2021-12 | — | ₹3566 cr | — | 1.0% | — |
| 2021-11 | — | ₹3566 cr | — | 1.0% | — |
| 2021-10 | — | ₹3566 cr | — | 1.0% | — |
| 2021-09 | — | ₹3566 cr | — | 1.0% | — |
| 2021-08 | — | ₹3566 cr | — | 1.0% | — |
| 2021-07 | — | ₹3566 cr | — | 1.0% | — |
| 2021-06 | — | ₹3566 cr | — | 1.0% | — |
| 2021-05 | — | ₹8395 cr | — | 6.0% | — |
| 2021-04 | — | ₹8395 cr | — | 6.0% | — |
| 2021-03 | — | ₹8395 cr | — | 6.0% | — |
| 2021-02 | — | ₹8395 cr | — | 6.0% | — |
| 2021-01 | — | ₹8395 cr | — | 6.0% | — |
| 2020-12 | — | ₹8395 cr | — | 6.0% | — |
| 2020-11 | — | ₹8395 cr | — | 6.0% | — |
| 2020-10 | — | ₹8395 cr | — | 6.0% | — |
| 2020-09 | — | ₹8395 cr | — | 6.0% | — |
| 2020-08 | — | ₹8395 cr | — | 6.0% | — |
| 2020-07 | — | ₹8395 cr | — | 6.0% | — |
| 2020-06 | — | ₹8395 cr | — | 6.0% | — |
| 2020-05 | — | ₹7411 cr | — | 5.0% | — |
| 2020-04 | — | ₹7411 cr | — | 5.0% | — |
| 2020-03 | — | ₹7411 cr | — | 5.0% | — |
| 2020-02 | — | ₹7411 cr | — | 5.0% | — |
| 2020-01 | — | ₹7411 cr | — | 5.0% | — |
| 2019-12 | — | ₹7411 cr | — | 5.0% | — |
| 2019-11 | — | ₹7411 cr | — | 5.0% | — |
| 2019-10 | — | ₹7411 cr | — | 5.0% | — |
| 2019-09 | — | ₹7411 cr | — | 5.0% | — |
| 2019-08 | — | ₹7411 cr | — | 5.0% | — |
| 2019-07 | — | ₹7411 cr | — | 5.0% | — |
| 2019-06 | — | ₹7411 cr | — | 5.0% | — |
| 2019-05 | — | ₹8556 cr | -21.5% | 4.0% | 6.8x |
| 2019-04 | — | ₹8556 cr | -21.5% | 4.0% | 6.8x |
| 2019-03 | — | ₹8556 cr | -21.5% | 4.0% | 6.8x |
| 2019-02 | — | ₹8556 cr | -21.5% | 4.0% | 6.8x |
| 2019-01 | — | ₹8556 cr | -21.5% | 4.0% | 6.8x |