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 ₹ 420 / 179
- Stock P/E 45.5
- Book Value ₹ 54.8
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 126 | 174 | 314 | |
| 118 | 159 | 289 | |
| Operating Profit | 8 | 16 | 25 |
| OPM % | 7% | 9% | 8% |
| 1 | 2 | 4 | |
| Interest | 2 | 3 | 3 |
| Depreciation | 0 | 1 | 1 |
| Profit before tax | 6 | 13 | 25 |
| Tax % | 29% | 25% | 27% |
| 4 | 10 | 18 | |
| EPS in Rs | 2.23 | 4.23 | 7.47 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 80% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 140% |
| 3 Years: | 162% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 4 | 24 | 24 |
| Reserves | 56 | 89 | 107 |
| 22 | 10 | 26 | |
| 35 | 58 | 147 | |
| Total Liabilities | 117 | 181 | 304 |
| 9 | 10 | 12 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 70 |
| 108 | 172 | 222 | |
| Total Assets | 117 | 181 | 304 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 1 | -39 | -5 | |
| -8 | -0 | -0 | |
| 23 | 30 | 11 | |
| Net Cash Flow | 17 | -10 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 47 | 77 | 0 |
| Inventory Days | 144 | 137 | 108 |
| Days Payable | 104 | 125 | 85 |
| Cash Conversion Cycle | 87 | 89 | 23 |
| Working Capital Days | 61 | 106 | 107 |
| ROCE % | 16% | 20% |
Documents
Announcements
-
Appointment
30 July 2025 - Affirmation that new Independent Director Mrs. Bhumika Dedhia is not debarred by SEBI or other authorities.
-
Outcome of Board Meeting
23 July 2025 - Giriraj Civil Developers Limited has informed regarding Board meeting held on July 23, 2025.
-
Appointment
23 July 2025 - Giriraj Civil Developers Limited has informed regarding Appointment of Mrs Bhumika Atul Dedhia as Non- Executive Independent Director of the company w.e.f. July 23, 2025.
-
Cessation
21 July 2025 - Two directors resigned citing personal and professional reasons; no material impact reported.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 July 2025 - Certificate confirming securities dematerialization details for quarter ended June 30, 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