According to expert estimates, the shares of the company providing services at the airport could increase significantly because the price of these shares is below 100 rupees. Analysts from brokerage firms maintain a positive outlook on the company following the release of tariffs.
Brokers suggest that due to the clarity gained regarding airport tariffs for the financial years 2027-2031, an increase in the company's revenue is expected. GMR Airports shares were trading at approximately 98.50 rupees, with a total market capitalization of just under 1.05 lakh rupees.
Although GMR Airport shares are currently 15% below their 52-week high from July 2026 (115.60 rupees), they are 20% above their 52-week low from September 2025 (82.04 rupees).
The Indian Aviation Regulatory Authority (AERA) approved the tariff order for GMR Hyderabad airport for the period from the financial year 2027 to 2031. According to this order, the aviation tariff will be 540–630 rupees until the financial year 2029. This figure meets expectations and remains stable compared to the level of the 2025-2026 financial year.
According to Jefferies, within the new structure of the incremental average annual growth rate (ARR) from AERA, the collection of tariffs for major capital expenditures has been postponed until the start of their implementation. It is projected that when the capacity of Hyderabad airport increases to 6 million passengers, the corresponding tariff increase will be deferred to the 2031 financial year and will depend on the implementation timeline.
Jefferies noted that the reimbursement mechanism remains the same; only the reimbursement period has changed. The company maintained a 'Buy' rating with a target price of 135 rupees, suggesting a potential growth of 37%.
Over the last month, GMR Airports shares have decreased by approximately 10%, while over the last six months they have remained relatively stable. Over the past year, the shares have grown by approximately 15%, and over five years, they have shown a return of 250%.