Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 892 Cr.
- Current Price ₹ 373
- High / Low ₹ 564 / 179
- Stock P/E 78.0
- Book Value ₹ 48.6
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.8% CAGR over last 5 years
Cons
- Stock is trading at 7.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.2% over last 3 years.
- Debtor days have increased from 66.9 to 89.6 days.
- Promoter holding has decreased over last 3 years: -13.1%
* 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: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 58 | 50 | 49 | 45 | 56 | 44 | 24 | 64 | 83 | 95 | 135 | 165 | |
40 | 54 | 47 | 45 | 32 | 50 | 39 | 22 | 58 | 77 | 88 | 120 | 149 | |
Operating Profit | 2 | 4 | 3 | 4 | 13 | 5 | 5 | 3 | 5 | 6 | 7 | 14 | 15 |
OPM % | 6% | 6% | 7% | 8% | 28% | 9% | 12% | 11% | 8% | 7% | 8% | 11% | 9% |
1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 3 | |
Interest | 1 | 1 | 1 | 2 | 10 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 4 | 5 | 6 | 13 | 15 |
Tax % | 32% | 34% | 31% | 33% | 34% | 31% | 27% | 24% | 27% | 24% | 24% | 23% | |
1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 10 | 11 | |
EPS in Rs | 1.84 | 2.43 | 2.25 | 2.36 | 2.42 | 1.31 | 1.42 | 0.64 | 1.65 | 2.34 | 2.23 | 4.23 | 4.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 25% |
3 Years: | 28% |
TTM: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 32% |
3 Years: | 48% |
TTM: | 155% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 142% |
3 Years: | 150% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 24 | 24 |
Reserves | 8 | 10 | 12 | 14 | 16 | 20 | 22 | 23 | 27 | 31 | 56 | 89 | 92 |
5 | 7 | 7 | 12 | 14 | 20 | 18 | 18 | 15 | 18 | 20 | 10 | 57 | |
9 | 13 | 16 | 17 | 33 | 15 | 19 | 13 | 32 | 32 | 31 | 49 | 75 | |
Total Liabilities | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 248 |
1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 26 | 23 | 2 | 12 | 21 |
22 | 31 | 36 | 44 | 62 | 55 | 60 | 56 | 50 | 61 | 101 | 151 | 215 | |
Total Assets | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 248 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 3 | -2 | -1 | 29 | -5 | -23 | -28 | |||||
-0 | -0 | 1 | 2 | -24 | 4 | 14 | -9 | |||||
0 | 3 | -4 | -2 | -4 | 2 | 22 | 30 | |||||
Net Cash Flow | 2 | 6 | -5 | -1 | 1 | 0 | 12 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 100 | 150 | 184 | 314 | 103 | 153 | 214 | 99 | 43 | 68 | 90 |
Inventory Days | 49 | 21 | 29 | 63 | 99 | 128 | 225 | 324 | 126 | 130 | 213 | 205 |
Days Payable | 105 | 104 | 144 | 148 | 341 | 110 | 209 | 235 | 186 | 108 | 145 | 166 |
Cash Conversion Cycle | 1 | 16 | 35 | 99 | 72 | 121 | 168 | 302 | 39 | 65 | 136 | 128 |
Working Capital Days | 19 | 50 | 79 | 126 | 154 | 125 | 211 | 483 | 72 | 91 | 140 | 137 |
ROCE % | 19% | 23% | 18% | 17% | 44% | 16% | 14% | 7% | 13% | 14% | 11% | 15% |
Documents
Announcements
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Board Meeting Intimation
21 May 2025 - Giriraj Civil Developers Limited has informed about Board Meeting to be held on 29-May-2025 to inter-alia consider and approve the Audited Financial results of the …
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Board Meeting Intimation
16 May 2025 - Giriraj Civil Developers Limited has informed about Board Meeting to be held on 22-May-2025 to consider Other business.
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Appointment
5 May 2025 - Appointed 3 additional directors including 1 independent non-executive on 5 May 2025.
-
Outcome of Board Meeting
5 May 2025 - Appointment of 3 additional directors including 1 independent non-executive director on 5 May 2025.
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Disclosure under SEBI Takeover Regulations
2 May 2025 - Yearly SEBI regulation 31(4) disclosure by promoters for FY ended March 31, 2025.
Business Overview:
GCDL provides contracting services in various disciplines of civil construction projects. It specializes in Railway civil construction work such as:
a) Railway Station Building[1]
b) Officer Residential Building[2]
c) Road over Bridge (ROB)[3]
d) Foot Over Bridge (FOB)[4]
e) Car Shed, Railway Yard[5]
f) Laying and fitting of track[6]
g) Earthworks[7]
h) Railway Bridge*[8]
Apart from this, numerous other infrastructure and construction works
awarded by local government authorities, such as construction of roads, expansion
of roads, construction of community halls, government schools, development of gardens, and repair and maintenance of such activities