Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 122 Cr.
- Current Price ₹ 51.0
- High / Low ₹ 356 / 49.8
- Stock P/E 8.08
- Book Value ₹ 61.1
- Dividend Yield 0.00 %
- ROCE 14.8 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.83 times its book value
- Promoter holding has increased by 3.86% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.4% over last 3 years.
- Contingent liabilities of Rs.60.0 Cr.
* 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.
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 | Mar 2026 | |
|---|---|---|---|---|
| 126 | 174 | 314 | 309 | |
| 118 | 159 | 289 | 285 | |
| Operating Profit | 8 | 16 | 25 | 24 |
| OPM % | 7% | 9% | 8% | 8% |
| 1 | 2 | 4 | 2 | |
| Interest | 2 | 3 | 3 | 4 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 6 | 13 | 25 | 20 |
| Tax % | 29% | 25% | 27% | 26% |
| 4 | 10 | 18 | 15 | |
| EPS in Rs | 2.23 | 4.23 | 7.47 | 6.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | -48% |
| 1 Year: | -86% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 4 | 24 | 24 | 24 |
| Reserves | 56 | 89 | 107 | 122 |
| 22 | 10 | 25 | 22 | |
| 35 | 55 | 148 | 82 | |
| Total Liabilities | 117 | 178 | 304 | 251 |
| 9 | 10 | 12 | 11 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 108 | 169 | 292 | 240 | |
| Total Assets | 117 | 178 | 304 | 251 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1 | -39 | -5 | -5 | |
| -8 | -0 | -0 | 1 | |
| 23 | 30 | 11 | -8 | |
| Net Cash Flow | 17 | -10 | 6 | -11 |
| Free Cash Flow | -7 | -42 | -9 | -5 |
| CFO/OP | 16% | -233% | 5% | 8% |
Ratios
Consolidated / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 47 | 77 | 77 | 101 |
| Inventory Days | 144 | 137 | 115 | 102 |
| Days Payable | 104 | 125 | 85 | 106 |
| Cash Conversion Cycle | 87 | 89 | 107 | 97 |
| Working Capital Days | 61 | 105 | 107 | 126 |
| ROCE % | 16% | 20% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Dec 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Number of Active Joint Ventures count ・Standalone data |
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| Government (Railways) Revenue Share % ・Standalone data |
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| Number of Permanent Employees count ・Standalone data |
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| Top 10 Customer Concentration % ・Standalone data |
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| Subcontracting Revenue Share % |
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| Order Book (Unexecuted) INR million |
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Extracted by Screener AI
Documents
Announcements
-
Resignation of Director/KMP/SMP
- Giriraj Civil Developers Limited has informed about Resignation of Director/KMP/SMP
-
Resignation
- Ms. Devyani Dubey resigned as Company Secretary and Compliance Officer effective October 5, 2026.
-
Shareholders meeting
- 21st AGM voting results disclosed; all five resolutions passed on September 30, 2026.
-
Shareholders meeting
- 21st AGM held on 30 September 2026; shareholders approved financials, auditor appointment and other resolutions.
-
Trading Window
- Trading window closed from October 1, 2026 until 48 hours after half-year results.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
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