Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 312 Cr.
- Current Price ₹ 130
- High / Low ₹ 409 / 96.8
- Stock P/E 14.5
- Book Value ₹ 57.6
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -18.1%
* 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 | TTM | |
|---|---|---|---|---|
| 126 | 174 | 314 | 375 | |
| 118 | 159 | 289 | 343 | |
| Operating Profit | 8 | 16 | 25 | 32 |
| OPM % | 7% | 9% | 8% | 8% |
| 1 | 2 | 4 | 4 | |
| Interest | 2 | 3 | 3 | 4 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 6 | 13 | 25 | 30 |
| Tax % | 29% | 25% | 27% | |
| 4 | 10 | 18 | 22 | |
| EPS in Rs | 2.23 | 4.23 | 7.47 | 9.02 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 116% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 89% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| 1 Year: | -64% |
| 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 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 4 | 24 | 24 | 24 |
| Reserves | 56 | 89 | 107 | 114 |
| 22 | 10 | 26 | 11 | |
| 35 | 58 | 147 | 115 | |
| Total Liabilities | 117 | 181 | 304 | 264 |
| 9 | 10 | 12 | 12 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 70 | 83 |
| 108 | 172 | 222 | 169 | |
| Total Assets | 117 | 181 | 304 | 264 |
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
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Appointment
14 November 2025 - Approved H1 FY2025-26 unaudited results (ended 30 Sep 2025); appointed internal auditor Sunil K. Mundra on 14 Nov 2025.
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Outcome of Board Meeting
14 November 2025 - Unaudited standalone and consolidated H1 results for 30 Sep 2025 approved; unmodified limited review; internal auditor appointed.
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Outcome of Board Meeting
14 November 2025 - Board approved unaudited standalone/consolidated H1 results ended 30 Sep 2025; appointed internal auditor.
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General Updates
3 November 2025 - Reply to NSE enquiry: price rise market-driven; no undisclosed events; disclosures under Regulation 30.
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Price movement
31 October 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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