Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 190 Cr.
- Current Price ₹ 79.4
- High / Low ₹ 378 / 52.3
- Stock P/E 12.6
- Book Value ₹ 61.1
- Dividend Yield 0.00 %
- ROCE 15.1 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.4% CAGR over last 5 years
- Promoter holding has increased by 3.86% over last quarter.
- Company's median sales growth is 19.2% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.8% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 50 | 49 | 45 | 56 | 44 | 24 | 64 | 83 | 95 | 135 | 295 | 296 | |
| 47 | 45 | 32 | 50 | 39 | 22 | 58 | 77 | 88 | 120 | 270 | 272 | |
| Operating Profit | 3 | 4 | 13 | 5 | 5 | 3 | 5 | 6 | 7 | 14 | 25 | 24 |
| OPM % | 7% | 8% | 28% | 9% | 12% | 11% | 8% | 7% | 8% | 11% | 8% | 8% |
| 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 4 | 2 | |
| Interest | 1 | 2 | 10 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Profit before tax | 3 | 3 | 3 | 3 | 3 | 1 | 4 | 5 | 6 | 13 | 24 | 20 |
| Tax % | 31% | 33% | 34% | 31% | 27% | 24% | 27% | 24% | 24% | 23% | 26% | 26% |
| 2 | 2 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 10 | 18 | 15 | |
| EPS in Rs | 2.25 | 2.36 | 2.42 | 1.31 | 1.42 | 0.64 | 1.65 | 2.34 | 2.23 | 4.23 | 7.47 | 6.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 36% |
| 3 Years: | 46% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 39% |
| 3 Years: | 56% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | -35% |
| 1 Year: | -75% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 24 | 24 | 24 |
| Reserves | 12 | 14 | 16 | 20 | 22 | 23 | 27 | 31 | 56 | 89 | 107 | 122 |
| 7 | 12 | 14 | 20 | 18 | 18 | 15 | 18 | 20 | 10 | 17 | 22 | |
| 16 | 17 | 33 | 15 | 19 | 13 | 32 | 32 | 31 | 46 | 142 | 79 | |
| Total Liabilities | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 169 | 291 | 247 |
| 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 12 | 11 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 2 | 2 | 2 | 1 | 26 | 23 | 2 | 12 | 9 | 2 |
| 36 | 44 | 62 | 55 | 60 | 56 | 50 | 61 | 101 | 148 | 270 | 233 | |
| Total Assets | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 169 | 291 | 247 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 3 | -2 | -1 | 29 | -5 | -23 | -28 | -7 | -14 | |||
| -0 | -0 | 1 | 2 | -24 | 4 | 14 | -9 | 2 | 8 | |||
| 0 | 3 | -4 | -2 | -4 | 2 | 22 | 30 | 4 | 1 | |||
| Net Cash Flow | 2 | 6 | -5 | -1 | 1 | 0 | 12 | -7 | -0 | -6 | ||
| Free Cash Flow | 2 | 3 | -2 | -1 | 29 | -6 | -31 | -30 | -8 | -14 | ||
| CFO/OP | 19% | 60% | -41% | -40% | 539% | -87% | -315% | -174% | -1% | -32% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 150 | 184 | 314 | 103 | 153 | 214 | 99 | 43 | 68 | 90 | 83 | 104 |
| Inventory Days | 29 | 63 | 99 | 128 | 225 | 324 | 126 | 130 | 213 | 205 | 126 | 108 |
| Days Payable | 144 | 148 | 341 | 110 | 209 | 235 | 186 | 108 | 145 | 166 | 90 | 109 |
| Cash Conversion Cycle | 35 | 99 | 72 | 121 | 168 | 302 | 39 | 65 | 136 | 128 | 118 | 103 |
| Working Capital Days | 22 | 46 | 44 | 35 | 91 | 250 | -12 | 12 | 63 | 116 | 116 | 129 |
| ROCE % | 18% | 17% | 44% | 16% | 14% | 7% | 13% | 14% | 11% | 15% | 20% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Dec 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Active Joint Ventures count |
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| Government (Railways) Revenue Share % |
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| Top 10 Customer Concentration % |
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| Number of Permanent Employees count |
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| Subcontracting Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Updates
- Agarwal Family Trust and PAC acquired shares, raising holding to 5.003% on September 11, 2026.
-
Shareholders meeting
- Company shared FY2025-26 annual report link and AGM notice for September 30, 2026.
-
Copy of Newspaper Publication
- 21st AGM on September 30, 2026 at 1:00 PM; remote e-voting details announced.
-
Shareholders meeting
- 21st AGM on September 30, 2026; remote e-voting September 27-29, annual report FY2025-26 circulated.
-
Change in Auditors
- Board approved AGM on September 30, 2026, auditor and independent director appointments, and e-voting dates.
Annual reports
-
Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
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