Garnet Construction
- Market cap
- ₹ 59 Cr.
- P/E
- 3.1x
- P/B
- 0.43x
- 52-week range
- 40.25 – 116
- ROE
- 32%
- ROCE
- 41%
- Dividend yield
- 0%
- Debt / equity
- 0.06
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- BSE
About
Garnet Construction Limited is an India-based real estate development company. The Company is primarily engaged in the construction and sale of industrial, as well as residential plots. It is focused on residential, commercial, retail, and other projects, such as mass housing and cluster redevelopment. The Company develops, manages and leases industrial plots and sheds. It designs its projects to cater to individual and institutional buyers. The Company offers its clients a range of real estate-related services, which includes residential/industrial/commercial open plots/bungalows at Khopoli and Lonavala. Its residential projects include Pyramid, Brillante, and Magic Hills. The Company’s commercial project includes Garnet Paladium situated in Goregaon (east). Its industrial projects include Arkose Industrial Estate and Aditya Industrial Estate. Its Arkose Industrial Estate and Aditya Industrial Estate are spread over 13 acres and approximately eight acres of land respectively.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Garnet Construction against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)3.1 against a typical 23.3: cheaper than most peers (1st = cheapest).11th of 173
- Sales growth−100.3% against a typical +6.6% from a year earlier.132nd of 134
- Profit growth−105.7% against a typical +2.9% from a year earlier.97th of 108
- Share price, 3 months−33.1% against a typical −9.9%.138th of 147
- Size₹ 59.3 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).103rd of 163
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 1 | 7 | 15 | 1 | 1 | −1 | 40 | 16 | 16 | 10 | −0 |
| Expenses | 1 | 1 | 10 | 5 | 1 | 1 | 1 | 16 | 7 | 2 | 7 | 1 |
| Operating Profit | −0 | −0 | −3 | 10 | −1 | −0 | −1 | 25 | 9 | 14 | 3 | −1 |
| OPM % | −17.4% | −17.4% | −39.7% | 65.7% | −74.7% | −26.4% | — | 61% | 55% | 87.5% | 32.7% | — |
| Other Income | 5 | 5 | 2 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 3 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | −1 | 10 | −1 | −0 | 2 | 24 | 9 | 13 | 6 | −1 |
| Tax % | 20.7% | 20.7% | −1.7% | 25.6% | 0% | −4.2% | 0.7% | 25.4% | 24.9% | 24.5% | 26.8% | −2.8% |
| Net Profit | 3 | 3 | −1 | 7 | −1 | −0 | 1 | 18 | 7 | 10 | 5 | −1 |
| EPS in Rs | 2.4 | 2.4 | −0.43 | 5.22 | −0.63 | −0.33 | 1.07 | 13.1 | 4.7 | 7.2 | 3.4 | −0.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 4%
- 3 Years
- 245%
- TTM
- 2%
- 10 Years
- 33%
- 5 Years
- 26%
- 3 Years
- 414%
- TTM
- 10%
- 10 Years
- 11%
- 5 Years
- 20%
- 3 Years
- 60%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 10%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Garnet Construction | ₹ 44.95 | ₹ 59 Cr. | 3.1x | 0.4x | 32% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Nikita Poddar
- Chief Financial Officer
- Sanjay Kumar Kedia
- Finance Director, Non-Independent Executive Director
- Pavan Kumar Gupta
- Compliance Officer, Company Secretary
- Arun Kumar Kedia
- Director - Marketing, Non-Independent Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.