Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 813 Cr.
- Current Price ₹ 340
- High / Low ₹ 1,002 / 321
- Stock P/E 71.2
- Book Value ₹ 48.6
- Dividend Yield 0.00 %
- ROCE 19.8 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 33.9% CAGR over last 5 years
Cons
- Stock is trading at 7.00 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 12.7% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.47%
* 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: | 18% |
5 Years: | 34% |
3 Years: | 52% |
TTM: | 155% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 139% |
3 Years: | 157% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 13% |
Last Year: | 17% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 24 |
Reserves | 8 | 10 | 12 | 14 | 16 | 20 | 22 | 23 | 27 | 31 | 56 | 92 |
5 | 7 | 7 | 12 | 14 | 20 | 18 | 18 | 15 | 18 | 20 | 57 | |
9 | 13 | 16 | 17 | 33 | 15 | 19 | 13 | 32 | 32 | 31 | 75 | |
Total Liabilities | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 248 |
1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 9 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 26 | 23 | 2 | 21 |
22 | 31 | 36 | 44 | 62 | 55 | 60 | 56 | 50 | 61 | 101 | 215 | |
Total Assets | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 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 | |
Inventory Days | 49 | 21 | 29 | 63 | 99 | 128 | 225 | 324 | 126 | 130 | 213 | |
Days Payable | 105 | 104 | 144 | 148 | 341 | 110 | 209 | 235 | 186 | 108 | 145 | |
Cash Conversion Cycle | 1 | 16 | 35 | 99 | 72 | 121 | 168 | 302 | 39 | 65 | 136 | |
Working Capital Days | 19 | 50 | 79 | 126 | 154 | 125 | 211 | 483 | 72 | 91 | 140 | |
ROCE % | 19% | 23% | 18% | 17% | 44% | 16% | 14% | 7% | 13% | 14% | 11% |
Documents
Announcements
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Clarification - Financial Results
13 December 2024 - Exchange has sought clarification from Giriraj Civil Developers Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Updates
9 December 2024 - Giriraj Civil Developers Limited has informed regarding ' Submission of the Machine Readable / legible copy of Financial Results for the period ended 30-Sep-2024'.
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Shareholders meeting
27 November 2024 - Giriraj Civil Developers Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 27, 2023
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Financial Result Updates
18 November 2024 - Giriraj Civil Developers Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
18 November 2024 - Giriraj Civil Developers Limited has informed regarding Board meeting held on November 14, 2024.
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