Skip to main content
Swing Capital

Garuda Construction and Engineering Ltd

NSE: GARUDA BSE: 544271Infra

Incorporated in 2010, Garuda Construction provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure, and industrial projects.[1]

₹170
52W: ₹102 — ₹249
PE 12.8 · Book ₹41.6 · +309% vs book
Market Cap₹1,577 Cr
Stock P/E12.8Price to Earnings
ROCE50.3%Return on Capital
ROE36.9%Return on Equity
Div. Yield0.01%Face Value ₹5

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Company is expected to give good quarter
  • +Company has delivered good profit growth of 60.0% CAGR over last 5 years
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
  • +Debtor days have improved from 278 to 124 days.

Shareholding Pattern

Promoters67.56%
FIIs2.64%
DIIs0.48%
Public29.32%
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters67.56%67.56%67.56%67.56%67.56%67.56%
FIIs6.65%4.53%▼2.14.48%▼0.03.09%▼1.42.34%▼0.82.64%▲0.3
DIIs1.45%0.93%▼0.50.65%▼0.31.12%▲0.51.01%▼0.10.48%▼0.5
Public24.34%26.97%▲2.627.31%▲0.328.23%▲0.929.08%▲0.829.32%▲0.2

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales586035476281125116140149
Expenses394123334557898295101
Operating Profit19191213172436344548
OPM %32%32%33%29%28%30%29%30%32%32%
Net Profit1414910131828273334
EPS ₹1.851.841.161.371.381.943.012.923.543.7

AI Insights

Revenue Trend

Mar 2026 revenue at ₹531Cr, up 136% YoY. OPM at 31%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Capex Cycle

CWIP at ₹2Cr (200% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 0.48% (-0.97pp change). FIIs: 2.64% (-4.01pp change). Promoters hold 67.56%.

Margin & Efficiency

ROCE improving from 0% (Mar 2020) to 0% (Mar 2026). Working capital days: 0.

Valuation

PE 12.8x with 50.3% ROCE. Price is 309% above book value of ₹41.6. Dividend yield: 0.01%.

Recent Announcements