# GMRAIRPORT (GMRAIRPORT) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/gmrairport

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹97.6
- Change: +2.69%
- As of: 2026-09-18
- 1D return: +4.48%
- 5D return: +1.89%
- 1M return: -1.11%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, GMRAIRPORT is trading at ₹99.3, showing a mixed technical picture across different timeframes. The daily timeframe indicates a weakening trend, with the price below the Supertrend, 50-day Simple Moving Average (SMA), and 50-day Exponential Moving Average (EMA). However, the price remains above the 20-day SMA and EMA on a daily basis. In contrast, the weekly and monthly timeframes present a more constructive view, with the price trading above the Supertrend, 20-day and 50-day EMAs on the monthly chart, and above the Supertrend and 50-day EMA on the weekly chart. This divergence suggests potential short-term weakness within a longer-term upward bias.

Key chart patterns active as of September 18, 2026, include a "Harami" on the monthly timeframe, a "Hammer" and an "Outside Bar" on the weekly timeframe. These patterns can signal potential reversals or continuations depending on subsequent price action. The stock is currently positioned around the middle of its recent trading range, with the nearest resistance observed at ₹99.61, approximately 0.32% above the current price. Key support is identified at ₹97.67, about 1.64% below the current price.

The stock exhibits annualized volatility of 29% and a current drawdown of -14%, indicating a moderate level of risk. Recent market activity shows a balance of positive and negative events over the last 30 days, with one notable downside event on September 15, 2026, characterized by an "EXTREME" severity wide intraday range and a 5% price drop.

Key conditions to watch include a break above the ₹99.61 resistance level, which could signal strengthening momentum. Conversely, a move below the ₹97.67 support level, especially on increased volume, may indicate further downside. Monitoring the price action relative to the daily Supertrend at ₹100.55 and the weekly Supertrend at ₹94.84 will be crucial for gauging trend direction.

- Current price as of September 18, 2026: ₹99.3.
- Nearest resistance level: ₹99.61 (approx. 0.32% above current price).
- Nearest support level: ₹97.67 (approx. 1.64% below current price).
- Active chart patterns: Monthly Harami, Weekly Hammer, Weekly Outside Bar.
- Watch for a sustained move above ₹99.61 or a break below ₹97.67 for trend confirmation.

- Harami
- Hammer
- Outside Bar
- Bullish Engulfing Reversal
- Bearish Engulfing Reversal
- Doji

### News Context

GMR Airports experienced a notable share price increase on September 17, 2026, following JM Financial's reaffirmation of a 'Buy' rating and a target price of ₹115. The brokerage cited an improved risk-reward profile, anticipating potential upside of up to 24%. Despite acknowledging subdued passenger traffic, JM Financial expects recovery from December, supported by favorable base effects and resilient international travel.

This positive sentiment was preceded by the company's August 2026 operational update on September 16, 2026, which reported a 0.9% year-on-year rise in passenger traffic to approximately 9.4 million. While the market saw mixed performance on September 17, 2026, with midcap stocks outperforming, GMR Airports' specific news drove its individual stock movement.

- On September 17, 2026, JM Financial maintained a 'Buy' rating on GMR Airports with a target price of ₹115, suggesting up to 24% potential upside.
- JM Financial anticipates passenger traffic growth to improve from December 2026, citing favorable base effects and international traffic recovery.
- GMR Airports reported a 0.9% year-on-year increase in passenger traffic for August 2026, handling approximately 9.4 million passengers, as announced on September 16, 2026.
- GMR Airports shares saw a 2% gain on September 17, 2026, following the JM Financial rating.

- Broker’s call: GMR Airports (Buy)
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside
- GMR Airports August passenger traffic rises 1% YoY
- Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler

### What Changed

As of September 18, 2026, GMR Airports (GMRAIRPORT) on the NSE has seen its share price increase to ₹99.30 from ₹95.04. This movement occurred within a market context where midcap stocks, including insurance names, generally outperformed benchmark indices, with the NSE's advance-decline ratio favoring advances. Separately, a broker's call from JM Financial rated GMR Airports as a 'Buy'. No new filings were reported for the company on this date.

- On 2026-09-18, GMR Airports' share price was ₹99.30, up from ₹95.04.
- A broker's call from JM Financial on 2026-09-18 rated GMR Airports as a 'Buy'.
- The broader market on 2026-09-18 saw midcap stocks outperforming benchmark indices on the NSE.
- No new company filings for GMR Airports were reported on 2026-09-18.

- Broker’s call: GMR Airports (Buy)
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today

### Official Filings

GMR Airports Limited has provided updates on its operational performance and financing activities. In August 2026, the company reported serving 9.4 million passengers, a 0.9% increase year-over-year, with year-to-date FY27 volumes reaching 49.0 million passengers across its portfolio. Significant operational developments include the commercial launch of Bhogapuram Airport on August 17, 2026, and the issuance of the 4th Control Period tariff order for Hyderabad Airport by AERA on August 24, 2026. Delhi Airport also achieved record year-to-date volumes for passengers, aircraft movements, and cargo, with FedEx planning a new air cargo hub.

Financially, the company has been active in debt management. On September 9, 2026, GMR Airports Limited allotted 1,50,000 Non-Convertible Bonds (NCBs) valued at ₹1,500 Crores at an interest rate of 9.56% for refinancing existing NCBs with a higher rate of 10.75%. These bonds have a tenure of up to 36 months. This follows an earlier approval on September 7, 2026, for the issuance of up to ₹1,500 crores in unsecured, rated, redeemable NCBs. The company also announced the voluntary redemption of existing NCBs, with redemption dates set for September 26, 2026, and September 28, 2026. Credit ratings for the proposed NCB issuance were assigned as 'CARE AA-; Stable' by CARE Ratings and 'Crisil AA-; Stable' by Crisil Ratings. Additionally, Crisil Ratings upgraded the rating on existing NCDs from 'Crisil A+; Stable' to 'Crisil AA-; Stable'. The company's paid-up share capital remained unchanged at ₹10,558,975,952 following the allotment of debt securities.

- On September 15, 2026, GMR Airports reported August 2026 passenger traffic of 9.4 million, a 0.9% year-over-year increase, and year-to-date FY27 passenger volume of 49.0 million.
- The commercial launch of Bhogapuram Airport occurred on August 17, 2026.
- On August 24, 2026, AERA issued the 4th Control Period tariff order for Hyderabad Airport.
- On September 9, 2026, GMR Airports allotted ₹1,500 Crores of Non-Convertible Bonds at 9.56% interest to refinance existing bonds.
- On September 7, 2026, the company approved the issuance of up to ₹1,500 Crores in Non-Convertible Bonds for refinancing.
- GMR Airports announced the voluntary redemption of Non-Convertible Bonds on September 7, 2026, with redemption dates of September 26, 2026, and September 28, 2026.
- CARE Ratings assigned 'CARE AA-; Stable' and Crisil Ratings assigned 'Crisil AA-; Stable' to the proposed Non-Convertible Bond issuance on September 2, 2026.
- On September 2, 2026, Crisil Ratings upgraded the rating on existing NCDs from 'Crisil A+; Stable' to 'Crisil AA-; Stable'.

- GMR AIRPORTS LIMITED has informed the Exchange about Monthly Traffic Update- August 2026 |SUBJECT: General Updates
- GMR AIRPORTS LIMITED has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- GMR AIRPORTS LIMITED has informed the Exchange regarding Allotment of Non-Convertible Bonds |SUBJECT: Allotment of Securities
- GMR AIRPORTS LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- GMR AIRPORTS LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- GMR AIRPORTS LIMITED has informed the Exchange about Issuance of Non-Convertible Bonds |SUBJECT: Issue of Securities
- GMR AIRPORTS LIMITED has informed the Exchange regarding 'Notice for Voluntarily Redemption of Non-Convertible Bonds'. |SUBJECT: Updates
- GMR AIRPORTS LIMITED has informed the Exchange regarding Issuance of securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- GMR AIRPORTS LIMITED has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- GMR AIRPORTS LIMITED has informed the Exchange about Newspaper advertisements in respect of 30th Annual General Meeting ( AGM ) for Financial Year 2025-26 |SUBJECT: Copy of Newspaper Publication

### Fundamentals

GMR Airports reported revenue from operations of ₹3,963.99 crore in Q1 FY2026-27. This marks a slight increase from ₹3,938.16 crore in Q4 FY2025-26 and is comparable to ₹3,994.03 crore in Q3 FY2025-26. Expenses for Q1 FY2026-27 were ₹3,910.40 crore, leading to a Profit Before Tax (PBT) of ₹174.12 crore. The reported Profit Loss For Period in Q1 FY2026-27 was ₹147.96 crore. Tax expense for the quarter was ₹75.21 crore. Comprehensive Income For The Period stood at ₹145.05 crore in Q1 FY2026-27.

- Revenue from operations in Q1 FY2026-27 was ₹3,963.99 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹174.12 crore.
- Profit Loss For Period in Q1 FY2026-27 was ₹147.96 crore.
- Comprehensive Income For The Period in Q1 FY2026-27 was ₹145.05 crore.

### Bull Case

GMR Airports has shown a recent increase in passenger traffic, with a 0.9% year-on-year rise in August 2026, handling approximately 9.4 million passengers. This operational uptick is supported by a brokerage retaining a 'Buy' rating and a target price of ₹115, citing an improved risk-reward profile. While near-term traffic pressure is anticipated to persist through November, growth is expected to improve from December, driven by favourable base effects and resilient international traffic.

- Passenger traffic increased by 0.9% year-on-year in August 2026, reaching approximately 9.4 million.
- JM Financial maintained a 'Buy' rating with a target price of ₹115, noting an improved risk-reward.
- The brokerage anticipates traffic growth to improve from December 2026, supported by base effects and international traffic recovery.

- Broker’s call: GMR Airports (Buy)
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside
- GMR Airports August passenger traffic rises 1% YoY
- Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler

### Bear Case

The company's stock is currently facing technical headwinds, with the daily trend indicators suggesting a bearish outlook. The Super Trend indicator is set at 100.55, signaling a downward price movement. Furthermore, the 20-day and 50-day Simple Moving Averages (SMA) are both trending downwards, with slopes of -1.47 and -1.73 respectively over the last 5 days, indicating a weakening short-term momentum. The stock is trading below its 20-day and 50-day SMAs, which stand at 96.85 and 103.01, respectively. While the weekly trend shows a bullish Super Trend at 94.84, the 20-day Exponential Moving Average (EMA) at 101.50 is above the current price of 99.3, and its slope is negative (-1.93 over 5 days), suggesting potential near-term pressure. The stock has also experienced a notable drawdown of -14%, with a maximum drawdown of -22% observed.

- The daily Super Trend indicator is bearish at 100.55 as of 2026-09-18.
- The 20-day SMA slope is -1.47 and the 50-day SMA slope is -1.73 over the last 5 days.
- The stock is trading below its 20-day SMA (96.85) and 50-day SMA (103.01).
- The current drawdown is -14%, with a maximum drawdown of -22%.

- Broker’s call: GMR Airports (Buy)
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside
- GMR Airports August passenger traffic rises 1% YoY
- Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler

### FAQs

**What were GMR Airports' passenger traffic figures for August 2026 and what operational milestones were achieved?**

In August 2026, GMR Airports handled approximately 9.4 million passengers, representing a 0.9% increase compared to the previous year. For the year-to-date, the company recorded a record 49.0 million passengers across its portfolio. Key operational achievements in August 2026 included the commercial launch of Bhogapuram Airport on August 17, 2026, and the issuance of the 4th Control Period tariff order for Hyderabad Airport by AERA on August 24, 2026. Additionally, Delhi Airport reported its highest-ever year-to-date volumes for passengers, aircraft movements, and cargo, with FedEx announcing plans for a new air cargo hub at GMR Cargo City.

**How did GMR Airports manage its debt in September 2026?**

On September 9, 2026, GMR Airports Limited allotted 1,50,000 Non-Convertible Bonds, each valued at ₹1 Lakh, totaling ₹1,500 Crores. These bonds were issued at an interest rate of 9.56% and have a tenure of up to 36 months. The purpose of this issuance was to refinance existing Non-Convertible Bonds that carried a higher interest rate of 10.75%.

**What is the recent analyst sentiment and target price for GMR Airports?**

JM Financial has retained a 'Buy' rating on GMR Airports shares with a target price of ₹115. The brokerage cited an improved risk-reward profile, anticipating that while traffic pressure might continue through November 2026, growth is expected to improve from December 2026 due to favorable base effects and resilient international traffic.

**What are the key technical indicators for GMR Airports as of September 18, 2026?**

As of September 18, 2026, GMR Airports' daily trend indicators show a closing price of ₹99.3, with the 20-day Exponential Moving Average (EMA) at ₹97.54 and the 50-day Simple Moving Average (SMA) at ₹103.01. The daily Supertrend is indicating a 'bearish' direction at ₹100.55. On a monthly basis, the Supertrend is 'bullish' at ₹70.84, with the 20-day EMA at ₹93.4. The weekly trend shows a 'bullish' Supertrend at ₹94.84, with the 20-day EMA at ₹101.5 and the 50-day SMA at ₹99.37.

- Broker’s call: GMR Airports (Buy)
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside
- GMR Airports August passenger traffic rises 1% YoY
- Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler
- GMR AIRPORTS LIMITED has informed the Exchange about Monthly Traffic Update- August 2026 |SUBJECT: General Updates
- GMR AIRPORTS LIMITED has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- GMR AIRPORTS LIMITED has informed the Exchange regarding Allotment of Non-Convertible Bonds |SUBJECT: Allotment of Securities
- GMR AIRPORTS LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- GMR AIRPORTS LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹94.41
- Risk regime: Price Risk Requires Attention

### Support levels
- 85.86
- 84.27375
- 80.5

### Resistance levels
- 103.49375
- 105.94125
- 107.955

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.48% |
| return_10 | +2.51% |
| return_1m | -2.06% |
| return_1y | +8.21% |
| return_20 | -1.11% |
| return_3m | -10.18% |
| return_5 | +1.89% |
| return_6m | +7.91% |
| return_since_start | +26.35% |
| return_ytd | -5.88% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -21.78% |
| annualized_volatility | +29.46% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue growth continues; profit before tax improves; net profit declines on tax swing

In Q1 FY2026-27, GMR Airports reported revenue of ₹3,963.99 crore, up 23.7% from the same quarter last year, though nearly flat sequentially. Expenses grew at a slower pace, leading to a profit before tax of ₹174.12 crore, a significant improvement from a loss a year ago. Net profit fell sharply from the prior quarter due to a swing in tax expense from a large credit to a normal charge, while profit before tax improved.

## Revenue and Expense Trends

Revenue for the quarter was ₹3,963.99 crore, compared to ₹3,205.23 crore in Q1 FY2025-26, an increase of 23.67%. Sequentially, revenue rose only 0.66% from ₹3,938.16 crore in Q4 FY2025-26, indicating a plateau after several quarters of growth. Total expenses were ₹3,910.40 crore, up 12.42% year-over-year but only 0.38% from the prior quarter. The slower growth in expenses relative to revenue on a year-over-year basis contributed to improved profitability.

## Profitability and Tax Dynamics

Profit before tax (PBT) was ₹174.12 crore, compared to a loss of ₹111.59 crore in Q1 last year and a profit of ₹141.03 crore in Q4. The sequential increase of 23.46% was driven by a slight revenue increase and nearly flat expenses. Net profit for the period was ₹147.96 crore, down 63.06% from ₹400.49 crore in Q4. This decline is explained by the tax line: in Q4, the company recorded a negative tax expense of ₹98.18 crore (a benefit), while in Q1 the tax expense was ₹75.21 crore. Excluding this tax swing, profit before tax improved. The effective tax rate in Q1 was approximately 43% (₹75.21 crore on PBT of ₹174.12 crore), compared to a negative rate in Q4.

## Other Comprehensive Income

Other comprehensive income (OCI) was a loss of ₹2.91 crore, a significant improvement from a loss of ₹164.76 crore in Q4. This reduced the drag on total comprehensive income, which came in at ₹145.05 crore, down from ₹235.73 crore in Q4 but up from a loss of ₹165.06 crore a year ago.

## Earnings Per Share

Basic earnings per share was ₹0.09, down from ₹0.29 in Q4 but up from a loss of ₹0.20 in Q1 last year. Diluted EPS was ₹0.07, following a similar pattern.

## Finance Costs

Finance costs were ₹937.93 crore, relatively stable compared to ₹949.91 crore in Q4 and ₹949.10 crore in Q1 last year.

## Key Takeaway

GMR Airports reported 23.7% year-over-year revenue growth, and profit before tax turned positive from a loss a year ago. The sequential decline in net profit was driven by a swing in tax expense, while underlying profitability improved. Revenue growth moderated sequentially, and finance costs remained stable. The company’s core operations generated higher profits than a year ago.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_18092026183359_18092026-ESGRatings.pdf)
- 2026-09-15 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_15092026183520_15082026-monthlytrafficdataAug.pdf)
- 2026-09-09 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_09092026221207_09092026-_InstitutionalInvestorCall.pdf)
- 2026-09-09 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_09092026220052_Allotment_of_NCB-09092026.pdf)
- 2026-09-09 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2419_WebXMLFile_20260909_221857981.xml)
- 2026-09-09 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2419_WebXMLFile_20260909_222044531.xml)
- 2026-09-07 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_07092026211952_Issuance_of_NCD-07092026.pdf)
- 2026-09-07 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_07092026215149_Voluntarily_Redemption_Notice_-_NCB-07092026.pdf)
- 2026-09-07 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2419_WebXMLFile_20260907_215820263.xml)
- 2026-09-02 — Credit Rating Update: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_02092026174022_02092026-CREDITRATING-Crisil_and_Care_for_new_NCB.pdf)
- 2026-08-28 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_28082026195804_28082026-PostnewspaperAdvertisement.pdf)
- 2026-08-27 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_27082026215810_27082026-Notice_GAL.pdf)
- 2026-08-27 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2419_WebXMLFile_20260827_221156261.xml)
- 2026-08-26 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_26082026090615_25082026-GHIALAERAORDER.pdf)
- 2026-08-26 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_26082026175444_26082026-PreNewspaperadvertisment.pdf)
- 2026-08-26 — Annual Report: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30762_GMRAIRPORT_2025_2026_A_10784864_27082026215312.pdf)
- 2026-08-25 — Credit Rating Update: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_25082026155523_24082026-CREDITRATING-CARE.pdf)
- 2026-08-22 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_22082026185510_22082026-_InstitutionalInvestorCall.pdf)
- 2026-08-22 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_22082026185203_22082026-Special_Window.pdf)
- 2026-08-22 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2419_WebXMLFile_20260822_185828348.xml)
- 2026-08-19 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2419_WebXMLFile_20260819_174944079.xml)
- 2026-08-19 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_19082026174345_TranscriptofEarningscall.pdf)
- 2026-08-17 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_2419_WebXMLFile_20260817_174858125.xml)
- 2026-08-17 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_17082026174524_17082026-CommencementOfOperations-BhogapuramAirport-PressRelease.pdf)
- 2026-08-14 — Generic Announcement: GMR AIRPORTS LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/GMRINFRA_14082026184345_14082026-monthlytrafficdataJuly.pdf)

## News and market events

- 2026-09-17 — The Hindu: **Broker’s call: GMR Airports (Buy)** — JM Financial — [Source](https://www.thehindubusinessline.com/markets/brokers-call-gmr-airports-buy/article71477039.ece)
- 2026-09-17 — CNBC-TV18: **Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today** — Midcap stocks outperformed the benchmark indices, keeping the market breadth in favour of advances. The National Stock Exchange's (NSE) advance-decline ratio stood at 2:1. As many as 35 Nifty stocks closed in the green, with insurance names among the top gainers. — [Source](https://www.cnbctv18.com/market/sensex-slips-22-points-nifty-rises-for-2nd-day-5-reasons-why-market-ended-mixed-today-19992874.htm)
- 2026-09-17 — Economic Times: **GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside** — GMR Airports shares witnessed an uptick on Thursday after JM Financial retained its Buy rating and Rs 115 target price, citing an improved risk-reward profile despite subdued passenger traffic. The brokerage expects traffic pressure to persist through November, but sees growth improving from December as favourable base effects and resilient international traffic support recovery. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/gmr-airports-shares-gain-2-after-jm-financial-retains-buy-rating-sees-up-to-24-upside/articleshow/134302927.cms)
- 2026-09-16 — BUSINESS: **GMR Airports August passenger traffic rises 1% YoY** — GMR Airports handled around 9.4 million passengers in August 2026, marking a 0.9% year-on-year (YoY) increase in passenger traffic. — [Source](https://www.business-standard.com/markets/capital-market-news/gmr-airports-august-passenger-traffic-rises-1-yoy-126091600217_1.html)
- 2026-09-16 — BUSINESS: **Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler** — Shares of Inox Wind, Kaynes Technology India, Bandhan Bank and SAIL are banned from F&O trading on 16 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-gmr-airports-saatvik-green-energy-nbcc-gmm-pfaudler-126091600135_1.html)
- 2026-09-16 — BUSINESSTODAY: **Top stocks in news: Groww, Kanohar, BHEL, Glass Wall, Auro Pharma, GMR Airports, Prasol, NBCC** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Groww, Kanohar Electricals, Bharat Heavy Electricals, BHEL, Glass Wall Systems (India), Aurobindo Pharma, GMR Airports, Prasol Chemicals, NBCC (India), Tata Communications, Blue Star, Billionbrains Garage Ventures, Saatvik Green Energy, Sunshine Pictures, India Pesticides, Sonata Software, VIP Industries — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-groww-kanohar-bhel-glass-wall-auro-pharma-gmr-airports-prasol-nbcc-555749-2026-09-16)
- 2026-08-28 — MONEYCONTROL: **GMR Group to explore opportunities for airports, adjacent biz in West Asia, Eastern Europe** — GMR Group, GMR Airports, G M Rao, airport expansion, Indian aviation, aviation sector, airport business, West Asia, Central Asia, Eastern Europe, Southeast Asia, airport concessions, airport operations, duty free, airport cargo, — [Source](https://www.moneycontrol.com/news/business/gmr-group-to-explore-opportunities-for-airports-adjacent-biz-in-west-asia-eastern-europe-14017823.html)
- 2026-08-27 — BUSINESS: **Volumes spurt at The Bombay Burmah Trading Corporation Ltd counter** — The Bombay Burmah Trading Corporation Ltd registered volume of 3.91 lakh shares by 10:45 IST on BSE, a 195.21 fold spurt over two-week average daily volume of 2003 shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-the-bombay-burmah-trading-corporation-ltd-counter-126082700279_1.html)
- 2026-08-24 — MONEYCONTROL: **Adani rival GMR plans $2 billion expansion at two India airports** — Adani airports, gmr airports, indian airports, airports in india, airport expansion, delhi airport, hyderabad airport, major airports in India — [Source](https://www.moneycontrol.com/news/business/companies/adani-rival-gmr-plans-2-billion-expansion-at-two-india-airports-14013417.html)
- 2026-08-20 — Economic Times: **Market Trading Guide: GMR Airports among 2 stock recommendations for Friday** — Analysts recommend GMR Airports and Bajaj Consumer Care for Friday, citing technical strength, supportive retracement levels and improving momentum. GMR Airports has a target of Rs 112, while Bajaj Consumer Care targets Rs 540, with stop-losses at Rs 98 and Rs 480. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/market-trading-guide-gmr-airports-among-2-stock-recommendations-for-friday/articleshow/133381762.cms)
- 2026-08-19 — Economic Times: **Samir Arora-backed Helios Mid Cap Fund hikes stake in Swiggy and 20 others, trims exposure in 2 stocks** — In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other stocks. Notably, the fund expanded its holdings in V2 Retail and GMR Airports, while reducing exposure in Multi Commodity Exchange of India and Black Box stocks. Additionally, Siemens Energy India joined the portfolio as one of the seven new entries, with the fund maintaining the same exposure in thirty-eight existing companies. — [Source](https://economictimes.indiatimes.com/mf/analysis/samir-arora-backed-helios-mid-cap-fund-hikes-stake-in-swiggy-and-20-others-trims-exposure-in-2-stocks/articleshow/133337385.cms)
- 2026-08-19 — The Hindu: **Stock Market Today Live, Aug 19: Stock to buy today: IFCI (₹81.40) – BUY** — Sensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 19th August 2026. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-19th-august-2026/article71360276.ece)
- 2026-08-18 — The Hindu: **Stocks to Watch, Aug 18: Paytm, Airtel, GMR Airports, Netweb Tech, SPR Auto, Lenskart, Manipal Health** — Key developments include Gulshan Polyols’ ethanol allocation worth ₹146.66 crore, Bharti Airtel’s upcoming leadership change, and GMR Airports expanding its portfolio with a new international terminal — [Source](https://www.thehindubusinessline.com/markets/stock-markets/stocks-in-focus-paytm-airtel-gmr-airports-netweb-tech-spr-auto-lenskart-manipal-health-and-more/article71358731.ece)
- 2026-08-18 — The Hindu: **Sensex today | Stock Market Live: Sensex down 250 pts in early trade, Nifty below 24,250; Infosys, IndiGo top losers** — Sensex, Nifty, Share Prices LIVE: Markets opened in the red on Tuesday, August 18, extending a five-session losing streak as surging crude oil prices and the collapse of the U.S.-Iran ceasefire kept investor sentiment under pressure — [Source](https://www.thehindubusinessline.com/markets/stock-market-live-sensex-nifty50-today-live-updates-today-18th-august-2026/article71358725.ece)
- 2026-08-17 — Times of India: **GMR Group's Bhogapuram airport becomes operational** — India Business News: NEW DELHI: GMR Group’s Alluri Sitarama Raju International Airport at Bhogpuram Monday commenced commercial operations and the Visakhapatnam airport ha. — [Source](https://timesofindia.indiatimes.com/business/india-business/gmr-groups-bhogapuram-airport-becomes-operational/articleshow/133290282.cms)
- 2026-08-17 — BUSINESSTODAY: **Top stocks in news: RIL, Dhoot, Dr Reddys, Molbio, GMR Airports, PB Fintech, Voltas, BEML** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Reliance Industries, RIL, Dhoot Transmission, Dr Reddys Laboratories, Molbio Diagnostics, GMR Airports, PB Fintech, BEML, Voltas, CESC, Physicswallah, Rubicon Research, Juniper Green Energy, Kitex Garments, Texmaco Rail & Engineering — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-ril-dhoot-dr-reddys-molbio-gmr-airports-pb-fintech-voltas-beml-549477-2026-08-17)
- 2026-08-14 — CNBC-TV18: **GMR Airports' July traffic barely grows as Delhi gains are offset by Hyderabad, Goa declines** — GMR Airports handled 9.3 million passengers in July, up just 0.4% from last year. Delhi traffic grew 3.7%, while Hyderabad and Goa fell 9.6% and 21.8%, respectively. — [Source](https://www.cnbctv18.com/business/aviation/gmr-airports-july-traffic-rises-0-4-pc-as-delhi-growth-offsets-hyderabad-decline-19969982.htm)
- 2026-08-13 — CNBC-TV18: **IRCTC, Rail Vikas Nigam, Apollo Hospitals, Page Industries: Top management takeaways investors need to know** — As earnings season comes closer to its end, management teams are offering fresh clues on growth, demand and expansion plans. From Apollo Hospitals’ aggressive capacity addition and IRCTC’s tourism push to Page Industries’ margin outlook and Rail Vikas Nigam’s order book ambitions, here are the key takeaways from recent analyst calls. — [Source](https://www.cnbctv18.com/photos/market/irctc-rail-vikas-nigam-apollo-hospitals-page-industries-top-management-takeaways-investors-need-to-know-19968979.htm)
- 2026-08-13 — The Hindu: **Sensex today | Stock Market Live:  Sensex, Nifty trade lower despite positive global cues; crude prices remain a concern** — Sensex, Nifty, Share Prices Live: Indian equities remained subdued despite stronger Asian markets, with firm crude prices and geopolitical risks keeping investors cautious. Domestic inflation, MSCI’s latest reshuffle and expectations around RBI policy are also likely to influence trading sentiment during Thursday’s session. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-13th-august-2026/article71337670.ece)
- 2026-08-13 — CNBC-TV18: **Q1 Results LIVE Updates: Astral shares gain over 7%; Tata Motors PV, LG report today** — Q1 Results LIVE Updates: Tata Motors PV, Page Industries, JSW Cement, Aditya Birla Real Estate, Avanti Feeds, Dreamfolks, Godrej Industries, IGL, Indigo Paints, IPCA Labs, Jubilant Foodworks, LG Electronics India, Max Financial Services, Olectra Industries, VST Tillers, Welspun Living, Solar Industries, are among the companies reporting their first quarter earnings today. Earnings reactions also come from Tata Motors CV, Lenskart, Apollo Hospitals among many other stocks. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-tata-motors-page-industries-abrel-jsw-cement-lenskart-petronet-astral-igl-ipca-share-price-liveblog-19968129.htm)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; Tata Motors CV in focus** — Sensex Today | Stock Market LIVE Updates: Today is the Sensex weekly options expiry session. The Nifty though, finds itself stuck below the 24,500 mark, although a late charge from the Nifty Bank on Wednesday ensured that the index managed to close above 24,400. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)
- 2026-08-13 — Mint: **Stocks to watch: Tata Motors PV, Jio Financial, Lenskart among shares in focus today; check list here** — Stock market today: Gift Nifty was trading near the 24,446.5 mark, down over 24 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-tata-motors-pv-jio-financial-lenskart-among-shares-in-focus-today-check-list-here-11786586543838.html)
- 2026-08-12 — CNBC-TV18: **GMR Airports swings to ₹91 crore Q1 profit as revenue rises 24%** — GMR Airports returned to profit in the June quarter as revenue and EBITDA rose 24%. The board also approved plans to raise up to ₹5,000 crore. — [Source](https://www.cnbctv18.com/market/gmr-airports-swings-to-rs91-crore-q1-profit-as-revenue-rises-24-19967924.htm)
- 2026-08-12 — CNBC-TV18: **Q1 Results Live Updates: Ircon International profit down 43%, Astral EBITDA up 23%** — Q1 Results LIVE Updates: Apollo Hospitals and Grasim are among the final Nifty 50 names that will be reporting their results today along with broader market names such as HAL, IRCTC, IRCON, Lenskart, Astral, Tata Motors CV, among others. Manappuram, PI Industries, Bata India, Senco Gold, and others will also be reacting to their results. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-hal-apollo-hosp-manappuram-irctc-ircon-lenskart-grasim-pi-ind-astral-share-price-liveblog-19967133.htm)
- 2026-08-08 — Mint: **Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell | Stock Market News** — Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell — ZEEL, GMR Airports, and NCC — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-buy-under-rs-200-mehul-kothari-of-anand-rathi-recommends-three-shares-to-buy-or-sell-11786168790531.html)

## Business profile

**Strategic vision:** Airport platform company designing, constructing, and operating airports.

### Business segments
- **Airport Operations:** Manages a network of airport assets, coordinating airside and landside operations, passenger movement, and safety, alongside infrastructure development.
- **Aero Services:** Provides integrated aviation solutions encompassing Duty-Free, Retail, Food & Beverage, Cargo, Car Parking, Operations & Maintenance, and Project Management Consultancy.
- **Aerotropolis Development:** Develops airport cities through its Aerotropolis concept, fostering real estate growth.
- **MRO Facility:** Operates India’s largest third-party Maintenance, Repair, and Overhaul (MRO) facility.
- **Digital Solutions:** Focuses on enhancing passenger experience with digital solutions.
- **Talent Development:** Contributes to talent development for the aviation sector.

### Competitive strengths
- Expertise in airport design, construction, and operation.
- Integrated airport solutions covering operations, services, and infrastructure.
- Development of airport cities and associated real estate.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/gmrairport
Markdown representation: https://faxioms.com/stocks/gmrairport?render=md