Garuda Construction and Engineering

NSE: GARUDABSE: 544271
Compare with peers
₹ 140.90▼ 0.46 (−0.33%)28 Oct, 03:29 pm IST
Market cap
₹ 1,286 Cr.
P/E
9.5x
P/B
2.98x
52-week range
130 – 249.3
ROE
31%
ROCE
42%
Dividend yield
0%
Debt / equity
0.03
Sector
Construction
Industry
Civil Construction
Listed on
NSE, BSE

About

Garuda Construction and Engineering Limited is an India-based civil construction company. The Company provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and services for infrastructure and hospitality projects. The Company’s segment is Construction Activity. Civil construction includes construction of residential, commercial buildings, residential cum commercial, industrial, hospitality and construction of concrete building structures, and composite steel structures. The Company also provides services such as operations and maintenance services (O&M) and mechanical, electrical and plumbing (MEP) services and finishing works. The Company is engaged in civil construction of five residential projects, two commercial projects, one residential cum commercial, one industrial project, one infrastructure and one civil construction cum services.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Civil Construction: 182 companies →

Garuda Construction and Engineering 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)9.5 against a typical 14.4: cheaper than most peers (1st = cheapest).55th of 181
  • Sales growth+40% against a typical +8.6% from a year earlier.38th of 147
  • Profit growth+50% against a typical 0% from a year earlier.33rd of 130
  • Share price, 3 months−17.6% against a typical −13.2%.100th of 164
  • Size₹ 1,285.7 Cr. market value against a typical ₹ 148 Cr. (1st = largest).36th of 156

Latest announcements

Exchange filings and their impact on the company.

  • 15 Oct 2026DividendLow impactPositivePrice +0.6% on 16 Oct
    Garuda declared a token Rs 0.03 interim dividend with negligible cash impact.

    Garuda Construction and Engineering's board on October 15, 2026 declared an interim dividend of Rs 0.03 per share of Rs 5 face value for FY26. The record date is October 23, 2026 and payment will be made on or before November 14, 2026. The total payout of about Rs 0.28 crore is negligible versus profits and market value, so it does not change the business outlook.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB+ by Infomerics
BBB+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
InfomericsIVR BBB+/ IVR A2Stable30 Mar 2026
Credit rating actions
RatingDetails
30 Mar 2026
New rating
IVR BBB+/ IVR A2—Infomerics₹ 75 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
15 Oct 2026DividendTo consider and approve the declaration of interim dividend
10 Aug 2026Financial ResultsGARUDA CONSTRUCTION AND ENGINEERING LIMITED has informed the Exchange about Board Meeting to be held on August 10, 2026 to inter-alia consider and approve the financial results for the quarter ended Jun 30, 2026
18 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
11 May 2026Board meeting RescheduledGaruda Construction and Engineering Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on May 11, 2026 To consider and approve the financial results for the period ended March 31, 2026 has been postponed
12 Feb 2026Financial ResultsTo consider and approve Standalone and Consolidated Unaudited Financial Results of the Company along with its Limited Review Report for the quarter ended December 31, 2025
7 Nov 2025Fund Raising/Other business matters1. To consider the increase in Authorized Share Capital of the Company and consequentialamendment to the capital clause of Memorandum of Association of Company;2. To consider raising of funds, in one or more tranches, by issue of equity shares and/or anyother instruments or eligible securities representing either equity shares and/or convertiblesecurities linked to equity shares or through any other permissible mode or a combinationthereof, by way of further public issue, right issues, ADRs/ GDRs/ FCCBs, debt issue,preferential allotment, private placement, qualified institutions placement ( QIP ), or anyother method as may be permitted under the applicable laws;3. Notice of Extraordinary General Meeting for seeking approval of Equity Shareholders inrespect of increase of authorized share capital and raising of funds.

Share price

1Y change −32.2%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales21586035476281125116140149175
Expenses14394123334557898295101119
Operating Profit71919121317243634454856
OPM %33%32%32%33%29%28%30%29%30%32%32%32%
Other Income000010122000
Interest000000000211
Depreciation000000000000
Profit before tax71819121417243736444756
Tax %25%25%29%25%25%25%26%25%25%25%26%25%
Net Profit5141491013182827333442
EPS in Rs0.691.851.841.161.371.381.943.012.923.543.74.47

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
49%
3 Years
49%
TTM
84%
Compounded Profit Growth
10 Years
—
5 Years
60%
3 Years
44%
TTM
97%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
33%
3 Years
29%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
67.56%
0 pts in a year
FIIs
2.63%
−1.85 pts in a year
DIIs
0.23%
−0.42 pts in a year
Public
29.58%
+2.27 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 9.5xEPS (12 months) ₹ 14.62Median P/E 17.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Garuda Construction and Engineering₹ 140.90₹ 1,286 Cr.9.5x3x31%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Pravin Kumar Brijendra Kumar Agarwal
Executive Chairman of the Board, Managing Director
Rohit Ramanand Pareek
Chief Financial Officer, Whole-Time Director
Shanti Lal Gaggar
Chief Operating Officer
Aaushi Batheja
Compliance Officer, Company Secretary

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