AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 30 Sep - Shareholders approved PPKG & Co. as statutory auditors for five years from 29 September 2026.
Source: Bse
Gayatri Highways Limited (GAYAHWS)
Small CapInfra stocks · Small cap · NSE
Gayatri Highways Limited operates in Roads, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 04:16 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage11/14 · 79%
Valuation2026-07-20 · Rf 6.8% · Infra P/E 15.4 (n=87)
Technical timing lens
Trend score and candlestick chart
30Bearishfull bear SMA stack · SMA20 -5.7% / mo · MACD + · near 52W low · sector -2.7pp vs Nifty 500 (3M)
Stock trend: 26
Sector RS: 35
Sector 3M: -8.3% vs Nifty 500 -5.6%
Infra FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but the sector index is below its 100-session average. View sector evidence
Technical chart
GAYAHWSD candles · FIT view-27.2%Latest close ₹1.74 on 2026-10-19
Bar
-7.0%
RSI
41
MACD hist
0.00
52W pos
2%
2026-10-19O ₹1.87H ₹1.87L ₹1.72C ₹1.74Vol 2.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GAYAHWSNifty InfraNifty 500
- GAYAHWS
- -8.4%
- Nifty 500
- -5.6%
- Nifty Infra
- -8.2%
- Vs Nifty 500
- -2.8 pp
Chart stats
19 Oct 2026- From 52W high
- -61.1%
- 52W range position
- 2%
- ATR (14)
- 6.6%
- Volume vs 20D
- 1.30x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹1.7 - ₹2
₹4.5
₹1.7 - ₹4.5
₹0.1
Latest completed session
20-session average
42.3% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bearish30
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence65
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹7.1 Cr | NDF | -51.3% |
| EBITDA | ₹0.5 Cr | +338.1% | -40.5% |
| Operating margin | 7.0% | NDF | +128 bps |
| PAT | ₹-2.8 Cr | NDF | -141.0% |
| PAT margin | -39.9% | NDF | -8734 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- —
- EV/EBITDA
- —
- Market Cap
- 41.20Cr
Profitability
- ROE
- —
- ROCE
- 11.00%
- ROA
- -0.19%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -29.00%
- EPS 5Y
- 15.00%
- Revenue 3Y
- 24.00%
- EPS 3Y
- 26.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -0.05×
- Altman Z
- -0.92
- Book Value
- -26.20
Cash Flow
- FCF Yield
- 71.00%
- FCF Positive Y
- 9/5
- OCF
- -27.09 Cr
- EPS TTM
- -0.09
Shareholding
- Promoter Hold
- 61.16%
- Promoter Pledge
- 59.00%
- Momentum 52W
- 5%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 14.6+155.7% vs prev
Net Profit
₹ CrLatest: -1.2-100.1% vs prev
Return on Equity
%Latest: -1,144-440003.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 41.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~6.0% over last month) — short-term momentum negative.
- RSI(14) at 41 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
13
RS percentile
Stage 4 Downtrend
1M return
-8.4%
3M return
-8.4%
6M return
-29.0%
1Y return
-43.0%
RS 1D
-2
RS 20D
+5
Sector rank
#16
Industry rank
#70
Stage evidence
- Price is 16.1% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -2.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 49.94-3.42%
RS vs Nifty 50050
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth13/25
Quality2/20
Balance Sheet4/15
Cash Flow7/10
Piotroski
5/9 (+3)
Penalties
-7
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 71.0%.
- Cash flow contributes 7/10 to the score.
- Growth contributes 13/25 to the score.
Main drags
- Altman Z is -0.9, in distress territory.
- Promoter pledge is 59.0%.
- Penalty bucket subtracts 7 points.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
—
PB
—
EV/EBITDA
—
ROE
—
ROCE
11.0%
FCF Yield
71.0%
Debt/Equity
0.0
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
24
24
24
24
24
24
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
23.1
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Infra — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
HILINFRA
Small
Highway Infrastructure Limited
Construction & Engineering
match 82
51
12.1
18.8%
+40%
FAIR VALUE
HGINFRA
Micro
H.G. Infra Engineering Limited
Construction & Engineering
match 78
27
10.3
8.5%
-58%
OVERVALUED
GRINFRA
Micro
G R Infraprojects Limited
Construction & Engineering
match 77
36
8.1
9.2%
-27%
WATCHLIST
BRNL
Small
Bharat Road Network Limited
Construction & Engineering
match 76
23
—
-8.2%
—
OVERVALUED
CEIGALL
Small
Ceigall India Limited
Construction & Engineering
match 75
41
20.8
15.7%
+12%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Gayatri Highways Limited operates in Roads, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
65Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 53rd percentile within Infra. Main check: results consistency is weak at 26/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
45th percentile
overall median 67 · Infra: 53rd pctile, median 64 · Small: 50th pctile, median 66
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
43
weak · holding, pledge, alignment
Cash flow
74
acceptable · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
26
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 61.2%.
- ▸FCF yield is 63.3%.
- ▸9 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Promoters have pledged 59% of holding.
- ▸Operating cash flow is negative at ₹-27 Cr.
- ▸1/4 latest quarters had positive YoY revenue growth.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Gayatri Highways Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Submission Of Notice Of The 20Th Annual General Meeting And Annual Report For The FY 2025-26 3 Sep - Gayatri Highways will hold AGM on 29 Sept 2026; seeks approval for ₹150 crore loan to GPL.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Updates on Acquisition 23 Jun - Gayatri Highways updates acquisition of 23% HKR Roadways stake; completion extended to 30 September 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - News Paper Advertisement of the Notice of 20th Annual General Meeting
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 11 Aug - Amendment agreement dated 11 August 2026 revises HKR Roadways stake sale, removing escrow steps and extending long stop date to 31 August 2026.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 13 Aug - PRSV & Co. LLP resigned as Gayatri Highways' statutory auditor effective 13 August 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May - News Paper Publication of Audited financial Results 31.03.2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Announcement
Submission Of Audited Standalone & Consolidated Financial Results For The Fourth Quarter And Year Ended 31St March, 2026 25 May
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.