Giriraj Civil Developers Ltd
Giriraj Civil Developers Ltd is engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure Constructions. [1]
- Market Cap ₹ 603 Cr.
- Current Price ₹ 1,491
- High / Low ₹ 1,491 / 108
- Stock P/E 134
- Book Value ₹ 149
- Dividend Yield 0.00 %
- ROCE 15.4 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 59.8 to 37.4 days.
- Promoter holding has increased by 5.00% over last quarter.
Cons
- Stock is trading at 9.99 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 11.6% 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.
Peer comparison
Sector: Construction Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
41.37 | 42.87 | 57.89 | 50.37 | 49.33 | 44.83 | 55.51 | 43.83 | 24.44 | 63.57 | 83.08 | 95.13 | |
39.61 | 40.46 | 54.19 | 47.07 | 45.31 | 32.14 | 50.24 | 38.58 | 21.78 | 58.22 | 77.01 | 87.80 | |
Operating Profit | 1.76 | 2.41 | 3.70 | 3.30 | 4.02 | 12.69 | 5.27 | 5.25 | 2.66 | 5.35 | 6.07 | 7.33 |
OPM % | 4.25% | 5.62% | 6.39% | 6.55% | 8.15% | 28.31% | 9.49% | 11.98% | 10.88% | 8.42% | 7.31% | 7.71% |
0.00 | 0.66 | 0.28 | 0.46 | 0.26 | 0.44 | 0.74 | 0.66 | 0.85 | 0.18 | 0.78 | 1.17 | |
Interest | 0.00 | 0.73 | 0.87 | 0.91 | 1.57 | 10.34 | 2.84 | 2.65 | 2.05 | 1.83 | 1.75 | 2.11 |
Depreciation | 0.00 | 0.15 | 0.12 | 0.10 | 0.09 | 0.09 | 0.09 | 0.12 | 0.10 | 0.08 | 0.08 | 0.48 |
Profit before tax | 1.76 | 2.19 | 2.99 | 2.75 | 2.62 | 2.70 | 3.08 | 3.14 | 1.36 | 3.62 | 5.02 | 5.91 |
Tax % | 27.84% | 31.96% | 34.11% | 31.27% | 33.21% | 34.07% | 31.49% | 26.75% | 24.26% | 26.52% | 24.50% | 23.86% |
1.27 | 1.49 | 1.97 | 1.89 | 1.75 | 1.79 | 2.12 | 2.30 | 1.03 | 2.67 | 3.79 | 4.50 | |
EPS in Rs | 7.84 | 9.19 | 12.16 | 11.24 | 11.89 | 12.16 | 6.53 | 7.09 | 3.17 | 8.23 | 11.68 | 11.13 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 57% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 71% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | % |
1 Year: | 1281% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.62 | 1.62 | 1.62 | 1.68 | 1.47 | 1.47 | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 4.04 | |
Reserves | 6.65 | 8.14 | 10.10 | 12.41 | 14.37 | 16.18 | 19.51 | 21.71 | 23.30 | 26.55 | 30.91 | 56.29 |
8.23 | 4.55 | 7.07 | 6.93 | 12.27 | 14.17 | 19.90 | 18.17 | 17.80 | 14.75 | 17.88 | 19.88 | |
8.14 | 9.31 | 12.89 | 15.93 | 16.98 | 32.54 | 15.09 | 19.44 | 13.06 | 31.80 | 32.24 | 31.25 | |
Total Liabilities | 24.64 | 23.62 | 31.68 | 36.95 | 45.09 | 64.36 | 57.74 | 62.56 | 57.40 | 76.34 | 84.27 | 111.46 |
0.98 | 0.80 | 0.71 | 0.60 | 0.53 | 0.46 | 0.95 | 0.82 | 0.65 | 0.58 | 0.79 | 8.63 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.26 | 0.56 | 0.46 | 0.59 | 0.96 | 1.50 | 1.73 | 1.66 | 0.86 | 25.96 | 22.73 | 1.99 |
23.40 | 22.26 | 30.51 | 35.76 | 43.60 | 62.40 | 55.06 | 60.08 | 55.89 | 49.80 | 60.75 | 100.84 | |
Total Assets | 24.64 | 23.62 | 31.68 | 36.95 | 45.09 | 64.36 | 57.74 | 62.56 | 57.40 | 76.34 | 84.27 | 111.46 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 1.55 | 3.16 | -2.15 | -1.06 | 28.85 | -5.30 | -23.06 | |||||
0.00 | -0.14 | -0.10 | 0.73 | 1.79 | -23.94 | 3.68 | 13.53 | |||||
0.00 | 0.39 | 3.27 | -3.82 | -1.63 | -3.89 | 1.95 | 21.58 | |||||
Net Cash Flow | 0.00 | 1.81 | 6.34 | -5.25 | -0.89 | 1.02 | 0.33 | 12.05 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50.20 | 58.24 | 99.56 | 150.07 | 184.24 | 313.71 | 103.37 | 153.15 | 213.56 | 99.33 | 42.79 | |
Inventory Days | 48.72 | 20.82 | 29.11 | 62.84 | 99.20 | 127.87 | 224.53 | 323.70 | 125.95 | 130.39 | ||
Days Payable | 105.47 | 104.12 | 144.00 | 147.92 | 340.87 | 109.96 | 209.40 | 235.07 | 185.92 | 108.03 | ||
Cash Conversion Cycle | 50.20 | 1.49 | 16.26 | 35.19 | 99.16 | 72.03 | 121.28 | 168.27 | 302.19 | 39.36 | 65.15 | |
Working Capital Days | 61.41 | 19.24 | 49.62 | 78.55 | 126.30 | 153.88 | 124.67 | 210.61 | 483.13 | 72.29 | 90.94 | |
ROCE % | 11.30% | 18.95% | 23.32% | 18.39% | 17.02% | 43.52% | 15.90% | 13.64% | 7.39% | 12.87% | 13.54% |
Services
RCC Road - Construction of road with a special blend of concrete
Foot Over Bridge - It is specially designed for pedestrian
Earthworks - Processing of parts of the earth's surface involving quantities of soils and unsurfaced rock
Road Over Bridge - Constructing Road Over Bridge all over India
Bridge - Constructing rail and road bridges across India
Building - Construction of Building, Towers, and Malls [1]