Shares of GMR Airports Ltd. were in focus after the company released its monthly traffic data for May 2026.
The stock rose about 4 percent during the session to Rs. 107.90, touching an intraday high of Rs. 110.55. The company commands a market capitalization of Rs. 1.13 lakh crore.
May passenger traffic rises 6.1%
GMR Airports handled 10.63 million passengers during May 2026, excluding Cebu Airport, representing a 6.1 percent year-on-year increase.
Passenger traffic by airport
- Delhi Airport: 7.17 million passengers, up 14.7%
- Hyderabad Airport: 2.55 million passengers, down 8.6%
- Mopa Airport, Goa: Traffic declined 3.5%
- Medan Airport, Indonesia: Traffic fell 8.9%
- Cebu Airport, Philippines: Traffic increased 1.9%
Delhi Airport remained the biggest contributor to overall growth.
FY27 traffic crosses 20 million passengers
For the year-to-date FY27 period, GMR Airports handled 20.46 million passengers, up 0.5 percent from a year earlier.
YTD FY27 performance
- Delhi Airport: 13.82 million passengers, up 6.9%
- Hyderabad Airport: Down 11.8%
- Medan Airport: Down 13.5%
The company said total traffic during the period was the highest ever for this timeframe, supported mainly by strong domestic demand at Delhi Airport.
Aircraft movements increase
Total aircraft movements, excluding Cebu, reached 66,434 in May 2026, a rise of 2.3 percent year-on-year.
Aircraft movements by airport
- Delhi Airport: 42,477 movements, up 11%
- Hyderabad Airport: Down 8.8%
- Mopa Airport: Down 15.1%
- Medan Airport: Down 12.4%
- Cebu Airport: Up 4.6%
Operational milestones
During YTD FY27, Delhi Airport recorded its highest-ever levels for:
- Total passenger traffic
- Domestic passenger traffic
- Aircraft movements
- Cargo volumes
Hyderabad Airport registered its strongest domestic passenger traffic and domestic aircraft movements since December 2025.
Goa’s Mopa Airport also achieved its highest-ever total passenger traffic during the period.
Long-term outlook remains positive
Including Cebu Airport, GMR Airports handled around 11 million passengers in May 2026.
The mix comprised:
- 8.3 million domestic passengers
- 2.4 million international passengers
Monthly traffic has remained above 10 million passengers since October 2025, indicating steady demand.
The company expects long-term growth to remain strong, with:
- Overall passenger traffic projected to grow at a CAGR of about 8.8 percent over the next five years.
- International passenger traffic expected to expand at a CAGR of around 12.5 percent.
About the company
GMR Airports Ltd. operates and develops airports in India and overseas. The company also has interests in power generation, coal mining, highways and special economic zones.
TL;DR:
GMR Airports handled 10.63 million passengers in May 2026, up 6.1% year-on-year. Delhi Airport drove growth with a 14.7% increase in traffic, while the company expects strong long-term expansion led by international passenger demand.
AI Summary:
- GMR Airports handled 10.63 million passengers in May 2026.
- Passenger traffic rose 6.1% year-on-year.
- Delhi Airport recorded 14.7% growth and remained the largest contributor.
- Aircraft movements increased 2.3%.
- The company expects a five-year passenger CAGR of about 8.8%.