Garuda Construction and Engineering Ltd
Incorporated in 2010, Garuda Construction provides end-to-end civil construction for residential, commercial, residential cum
commercial, infrastructure, and industrial projects.[1]
- Market Cap ₹ 1,911 Cr.
- Current Price ₹ 206
- High / Low ₹ 249 / 85.5
- Stock P/E 22.2
- Book Value ₹ 41.6
- Dividend Yield 0.01 %
- ROCE 30.1 %
- ROE 22.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 102% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.7%
Cons
- Company has high debtors of 293 days.
- Working capital days have increased from 248 days to 405 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 124 | 72 | 77 | 161 | 154 | 225 | 385 | |
| 120 | 57 | 50 | 105 | 104 | 159 | 273 | |
| Operating Profit | 4 | 15 | 27 | 56 | 50 | 66 | 112 |
| OPM % | 3% | 21% | 35% | 35% | 32% | 30% | 29% |
| 1 | 0 | 0 | 0 | 0 | 2 | 5 | |
| Interest | 3 | 2 | 2 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Profit before tax | 2 | 12 | 25 | 55 | 50 | 67 | 115 |
| Tax % | 26% | 24% | 24% | 26% | 27% | 25% | |
| 1 | 9 | 19 | 41 | 36 | 50 | 86 | |
| EPS in Rs | 1.34 | 7.45 | 15.08 | 32.75 | 4.88 | 5.35 | 9.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 43% |
| TTM: | 93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 102% |
| 3 Years: | 38% |
| TTM: | 85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 115% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 33% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 12 | 12 | 12 | 37 | 47 | 47 |
| Reserves | 3 | 11 | 29 | 70 | 82 | 285 | 340 |
| 31 | 15 | 12 | 0 | 0 | 0 | 0 | |
| 112 | 95 | 57 | 94 | 109 | 74 | 186 | |
| Total Liabilities | 157 | 133 | 111 | 176 | 228 | 406 | 573 |
| 1 | 1 | 2 | 2 | 2 | 11 | 1 | |
| CWIP | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Investments | 12 | 4 | 0 | 0 | 0 | 0 | 51 |
| 142 | 125 | 107 | 172 | 225 | 393 | 519 | |
| Total Assets | 157 | 133 | 111 | 176 | 228 | 406 | 573 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -11 | 8 | 13 | 12 | -7 | -111 | |
| -6 | 12 | -1 | -2 | 3 | -50 | |
| 17 | -18 | -5 | -12 | -0 | 162 | |
| Net Cash Flow | -0 | 2 | 7 | -2 | -4 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 78 | 166 | 143 | 175 | 417 | 293 |
| Inventory Days | 0 | 0 | 87 | 209 | ||
| Days Payable | 1,310 | 1,970 | ||||
| Cash Conversion Cycle | 78 | 166 | -1,080 | -1,587 | 417 | 293 |
| Working Capital Days | 66 | 130 | 70 | 127 | 213 | 405 |
| ROCE % | 43% | 58% | 81% | 49% | 30% |
Documents
Announcements
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Voting Result Of E-Voting In Relation To 01St Extra - Ordinary General Meeting For Financial Year 2025-26 Of The Company
2 Dec - EGM voting Nov 28–30: equity issuance, authorised capital increase, and RPT approvals passed.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
2 Dec - EGM on Dec 1, 2025 approved equity fundraising, authorised capital increase, and related-party transactions.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
1 Dec - EGM on 01-Dec-2025 approved QIP to raise up to ₹500 crore, authorised capital increase and related-party transactions.
-
Announcement under Regulation 30 (LODR)-Change in Management
20 Nov - Appointed Shanti Lal Gaggar as COO effective 20-Nov-2025; order book Rs 4,876.78 Cr; H1 revenue Rs241.61 Cr, PAT Rs55.15 Cr.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - The Company has published the Newspaper Advertisement giving Notice of the Extraordinary General Meeting (EGM) of the Members of the Company, scheduled to be held …
Annual reports
Concalls
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Oct 2025TranscriptAI SummaryPPT
Business Operations [1] Garuda Construction specializes in civil construction services that include project planning, resource mobilization, detailed engineering, and the complete execution of construction projects. Their service offerings include operations and maintenance (O&M), Mechanical, Electrical, and Plumbing (MEP) services, and finishing works.