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Sanjay Ahuja

27th Jul · SEBI-Registered Analyst

GMR AIRPORTS IS MAKING A BIG PUSH TO ENTER INDIA'S MOST PROFITABLE REAL ESTATE MARKETS

$GMRAIRPORT is no longer looking at airports only as transport infrastructure. It wants to develop offices, hotels, retail centres, healthcare facilities and industrial parks on land around it's airports. The company's portfolio has roughly 2,510 acres with development potential, including around 1,500 acres at Hyderabad, 294 acres at Bhogapuram, 247 acres at Nagpur, 232 acres at Goa, 230 acres at Delhi and about 10 acres in Greece. However, the company is not entering ordinary residential real estate. It plans to build commercial districts around airports and earn through rentals, leases, development agreements and eventual asset monetisation. $GMRAIRPORT had reported strong FY26 results, with revenue from operations touching Rs 14,807 crore, up by 42% from FY25 results. The company also reported strong operating margins of Rs 5,757 crore in FY26, up by 53% as compared to FY25 results. With such new expansion plan on the cards, the company's revenue and margins are expected to grow in the coming years.

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