At a Glance
GHV Infra Projects Ltd went from being an obscure shell to a ₹2,200 Cr market cap beast in under a year. The company pivoted into infra & construction, grabbed a ₹2,645 Cr EPC contract in UAE, and announced a stock split + 3:2 bonus issue. Investors went wild—price soared from ₹20 to ₹1,549. But wait, a P/E of 130 on barely ₹17 Cr profit? That’s like buying a Maruti and paying Ferrari prices.
Introduction
GHV Infra, formerly a sleepy entity, woke up in 2024, amended its MOA, and decided to build highways, hubs, and perhaps a small empire. Backed by its holding company Bhadra Paper Mills, it’s also eyeing paper product manufacturing—because why not? Diversification is the new buzzword.
Financially, FY25 marks its first real revenue year (₹185 Cr), and profits (₹17 Cr) are just warming up. The stock has turned multibagger, but with valuation stretched to moon levels, can fundamentals catch up?
Business Model (WTF Do They Even Do?)
- Infra Projects (Primary): EPC contracts for roads, smart manufacturing hubs, and other infra.
- Construction: Expanding portfolio into urban development.
