External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Strong Order Book Ensuring Revenue Visibility: As of 30th June, 2026, the order book stood at Rs 25,319 Cr, spanning highway, roads, railways, transmission, telecom/optical fibre, and tunnel works, offering strong revenue visibility for the next 24–36 months.</li><li>Management has guided for a 15%–20% YoY revenue growth in FY27 with targets reaching Rs 11,000– 12,000 Cr in revenue by FY28.</li><li>We expect revenue/EBITDA/PAT to grow at a 17%/10%/11% CAGR over FY26–FY28E. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Strong Order Book Ensuring Revenue Visibility: As of 30th June, 2026, the order book stood at Rs 25,319 Cr, spanning highway, roads, railways, transmission, telecom/optical fibre, and tunnel works, offering strong revenue visibility for the next 24–36 months.Management has guided for a 15%–20% YoY revenue growth in FY27 with targets reaching Rs 11,000– 12,000 Cr in revenue by FY28.We expect revenue/EBITDA/PAT to grow at a 17%/10%/11% CAGR over FY26–FY28E. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

GR Infraprojects Ltd - Robust Order Book to Drive Growth; Maintain BUY

G R Infraprojects

GR Infraprojects Ltd - Robust Order Book to Drive Growth; Maintain BUY