GPT Infraprojects Limited has announced the acquisition of 100% equity in Alcon Builders and Engineers Private Limited for ₹154.19 crores in an all-cash deal. Alcon is a signaling EPC contractor with an unexecuted order book of approximately ₹200 crores and an estimated market opportunity of USD1.5 billion in signaling modernization. This strategic move marks GPT Infra's entry into the high-margin signaling EPC segment, complementing its existing infrastructure business. The acquisition is expected to close on or before March 31, 2026, subject to condition precedents. In Q3 FY'26, GPT Infra reported consolidated revenues of ₹283.9 crores, a growth of approximately 2%. For the 9 months ended December 31, 2025, consolidated revenues stood at ₹875.2 crores. Consolidated PAT for 9 months FY'26 was ₹65.4 crores. The company has also raised its full-year order inflow target to ₹2,500 crores, from ₹2,000 crores, following new order inflows of approximately ₹1,072 crores in Q3 and being declared L1 in a contract of ₹1,201 crores. The net unexecuted order book as of December 31, 2025, stands at ₹4,415 crores. GPT Infra expects the Alcon acquisition to contribute positively to revenues and margins, with a projected doubling of Alcon's revenue to ₹200 crores within three years. The company maintains its long-term EBITDA margin guidance of over 13%.
