Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 596 Cr.
- Current Price ₹ 249
- High / Low ₹ 491 / 179
- Stock P/E 33.3
- Book Value ₹ 54.8
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 81.8% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.2% over last 3 years.
- 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 50 | 49 | 45 | 56 | 44 | 24 | 64 | 83 | 95 | 135 | 295 | |
54 | 47 | 45 | 32 | 50 | 39 | 22 | 58 | 77 | 88 | 120 | 270 | |
Operating Profit | 4 | 3 | 4 | 13 | 5 | 5 | 3 | 5 | 6 | 7 | 14 | 25 |
OPM % | 6% | 7% | 8% | 28% | 9% | 12% | 11% | 8% | 7% | 8% | 11% | 8% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 4 | |
Interest | 1 | 1 | 2 | 10 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 4 | 5 | 6 | 13 | 24 |
Tax % | 34% | 31% | 33% | 34% | 31% | 27% | 24% | 27% | 24% | 24% | 23% | 26% |
2 | 2 | 2 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 10 | 18 | |
EPS in Rs | 2.43 | 2.25 | 2.36 | 2.42 | 1.31 | 1.42 | 0.64 | 1.65 | 2.34 | 2.23 | 4.23 | 7.47 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 65% |
3 Years: | 53% |
TTM: | 119% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 82% |
3 Years: | 70% |
TTM: | 92% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 125% |
3 Years: | 114% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 24 | 24 |
Reserves | 10 | 12 | 14 | 16 | 20 | 22 | 23 | 27 | 31 | 56 | 89 | 107 |
7 | 7 | 12 | 14 | 20 | 18 | 18 | 15 | 18 | 20 | 10 | 17 | |
13 | 16 | 17 | 33 | 15 | 19 | 13 | 32 | 32 | 31 | 49 | 142 | |
Total Liabilities | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 291 |
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 |
Investments | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 26 | 23 | 2 | 12 | 9 |
31 | 36 | 44 | 62 | 55 | 60 | 56 | 50 | 61 | 101 | 151 | 270 | |
Total Assets | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 291 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 3 | -2 | -1 | 29 | -5 | -23 | -28 | -7 | ||||
-0 | -0 | 1 | 2 | -24 | 4 | 14 | -9 | 2 | ||||
0 | 3 | -4 | -2 | -4 | 2 | 22 | 30 | 4 | ||||
Net Cash Flow | 2 | 6 | -5 | -1 | 1 | 0 | 12 | -7 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 100 | 150 | 184 | 314 | 103 | 153 | 214 | 99 | 43 | 68 | 90 | 83 |
Inventory Days | 21 | 29 | 63 | 99 | 128 | 225 | 324 | 126 | 130 | 213 | 205 | 126 |
Days Payable | 104 | 144 | 148 | 341 | 110 | 209 | 235 | 186 | 108 | 145 | 166 | 90 |
Cash Conversion Cycle | 16 | 35 | 99 | 72 | 121 | 168 | 302 | 39 | 65 | 136 | 128 | 118 |
Working Capital Days | 50 | 79 | 126 | 154 | 125 | 211 | 483 | 72 | 91 | 140 | 137 | 136 |
ROCE % | 23% | 18% | 17% | 44% | 16% | 14% | 7% | 13% | 14% | 11% | 15% | 20% |
Documents
Announcements
-
Outcome of Board Meeting
29 May 2025 - Board approved audited financial results for FY ended March 31, 2025.
-
Outcome of Board Meeting
29 May 2025 - Approved audited standalone and consolidated financial results for FY ended March 31, 2025.
-
Notice Of Shareholders Meetings-XBRL
28 May 2025 - GIRIRAJ CIVIL DEVELOPERS LIMITED has informed about Notice of Shareholders Meeting for Postal Ballot
-
General Updates
27 May 2025 - Giriraj Civil Developers dispatched postal ballot notice with e-voting details to shareholders on May 27, 2025.
-
Shareholders meeting
26 May 2025 - Shareholders to vote on migrating listing from NSE SME to NSE and BSE Main Boards.
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