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 ₹ 964 Cr.
- Current Price ₹ 104
- High / Low ₹ 154 / 76.0
- Stock P/E 26.5
- Book Value ₹ 14.8
- Dividend Yield 0.02 %
- ROCE 49.2 %
- ROE 36.2 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.1%
Cons
- Stock is trading at 7.10 times its book value
- Company has high debtors of 417 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
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Part of BSE IPO
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 | |
|---|---|---|---|---|---|
| 124 | 72 | 77 | 161 | 154 | |
| 120 | 57 | 50 | 105 | 104 | |
| Operating Profit | 4 | 15 | 27 | 56 | 50 |
| OPM % | 3% | 21% | 35% | 35% | 32% |
| 1 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 2 | 2 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 2 | 12 | 25 | 55 | 50 |
| Tax % | 26% | 24% | 24% | 26% | 27% |
| 1 | 9 | 19 | 41 | 36 | |
| EPS in Rs | 1.34 | 7.45 | 15.08 | 32.75 | 4.88 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 12 | 12 | 12 | 37 | 37 |
| Reserves | 3 | 11 | 29 | 70 | 82 | 101 |
| 31 | 15 | 12 | 0 | 0 | 0 | |
| 112 | 95 | 57 | 94 | 109 | 118 | |
| Total Liabilities | 157 | 133 | 111 | 176 | 228 | 256 |
| 1 | 1 | 2 | 2 | 2 | 1 | |
| CWIP | 2 | 2 | 2 | 2 | 2 | 2 |
| Investments | 12 | 4 | 0 | 0 | 0 | 0 |
| 142 | 125 | 107 | 172 | 225 | 252 | |
| Total Assets | 157 | 133 | 111 | 176 | 228 | 256 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -11 | 8 | 13 | 12 | -7 | |
| -6 | 12 | -1 | -2 | 3 | |
| 17 | -18 | -5 | -12 | -0 | |
| Net Cash Flow | -0 | 2 | 7 | -2 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 78 | 166 | 143 | 175 | 417 |
| Inventory Days | 0 | 0 | 87 | 209 | 288 |
| Days Payable | 1,310 | 1,970 | 2,408 | ||
| Cash Conversion Cycle | 78 | 166 | -1,080 | -1,587 | -1,703 |
| Working Capital Days | 113 | 206 | 127 | 127 | 213 |
| ROCE % | 43% | 58% | 81% | 49% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Monitoring Agency Report confirms no deviation in IPO proceeds utilization of INR 159.67 Cr till Mar 31, 2025.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
1 May - Independent Director Rajvirendra Singh Rajpurohit resigns due to other commitments, effective May 1, 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Garuda confirms not a Large Corporate for FY25; SEBI disclosure rules not applicable.
-
Announcement under Regulation 30 (LODR)-Change in Management
21 Apr - Appointment of Independent Director and regularization of Whole Time Director for five years.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 21 Apr
Annual reports
No data available.
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.