Garuda Construction and Engineering Limited

BSE: GARUDA544271ISIN INE0JVO01026

Industrials
Civil Construction
BSE Industrials

Share price

₹154.40+1.75 (+1.15%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹249.45
52W low: ₹130.90
Off 52W high: -38.10%
1M return: -9.81%
3M return: -13.38%
6M return: -21.08%
1Y return: -31.38%
20D avg volume: 27,690
50 DMA: ₹168.42
200 DMA: ₹172.54

Key ratios Consolidated

Market cap: ₹1,437 Cr
Current price: ₹154.40
52W high / low: ₹249.45 / ₹130.90
Face value: ₹5.00
P/E: 9.61
P/B: 2.68
EPS (TTM): ₹16.07
Book value / share: ₹57.65
ROE: —
ROCE: 36.70%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹3.97 Cr
Interest cover: 61.77
Dividend yield: 0.02%
Dividend / share (TTM): ₹0.03
Payout: 0.19%
Cash conversion cycle: 30.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	171.59	175.38	149.05	140.02	116.49	125.16	81.58	62.22	46.75	—
	1.02	0.25	0.41	0.18	1.94	1.52	0.76	0.41	0.56	—
	172.61	175.63	148.64	140.20	118.44	126.68	82.34	62.62	47.31	—
	118.58	119.88	101.91	96.53	82.17	89.27	57.95	45.42	33.62	—
	35.98	15.01	32.59	56.05	33.33	22.95	21.37	16.02	3.70	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—
	1.16	1.17	1.33	1.18	1.12	1.18	1.74	2.09	3.08	—
	0.93	0.53	0.71	1.53	0.01	0.46	0.42	0.36	0.23	—
	0.10	0.10	0.12	0.09	0.09	0.08	0.17	0.08	0.06	—
	80.41	103.06	67.16	37.68	47.63	64.60	34.25	0.83	1.89	—
	54.03	55.75	46.73	43.67	36.27	37.41	24.39	17.20	13.69	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	54.03	55.75	46.73	43.67	36.27	37.41	24.39	17.20	13.69	—
	13.42	14.22	12.34	10.72	9.15	9.41	6.36	4.33	3.45	—
	40.61	41.53	34.46	32.90	27.12	28.00	18.03	12.87	10.25	—
	4.37	4.47	3.70	3.54	2.92	3.01	1.94	1.43	1.37	—
Key metrics
	55.06	56.38	47.56	45.29	36.37	37.95	24.98	17.64	13.98	—
	32.10%	32.10%	31.90%	32.30%	31.20%	30.30%	30.60%	28.40%	29.90%	—
	23.70%	23.70%	23.10%	23.50%	23.30%	22.40%	22.10%	20.70%	21.90%	—
	10.20%	—	10.40%	—	9.40%	—	7.50%	—	—	—
	47.30%	40.10%	82.70%	125.00%	149.20%	—	—	—	—	—
	49.70%	48.30%	91.10%	155.60%	164.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	636.04	530.72	225.67	—
	1.86	3.24	1.73	—
	637.08	533.96	227.41	—
	436.90	369.88	160.57	—
	139.63	144.92	42.84	—
	0.00	0.00	0.00	—
	4.84	4.80	3.85	—
	3.70	2.70	1.02	—
	0.41	0.38	0.41	—
	288.31	217.07	112.45	—
	200.18	164.08	66.84	—
	0.00	0.00	0.00	—
	200.18	164.08	66.84	—
	50.70	41.63	17.04	—
	149.50	122.49	49.80	—
	16.08	13.17	5.99	—
Key metrics
	204.29	167.16	68.27	—
	32.12%	31.50%	30.30%	—
	23.50%	23.10%	22.10%	—
	—	36.70%	20.40%	—
	65.01%	135.20%	—	—
	73.80%	146.00%	—	—
	—	78.43	-111.25	—
	—	0.64	-2.22	—
	—	0.03	0.00	—
	—	3.97	-1.93	—
	—	30.2	242.2	—
Balance sheet
	—	644.32	407.32	—
	—	494.33	369.24	—
	—	8.07	2.03	—
	—	148.75	169.90	—
	—	12.30	11.04	—
	—	—	143.69	—
	—	2.18	1.86	—
	—	117.23	31.23	—
	—	189.68	74.82	—
	—	12.04	0.10	—
	—	12.02	0.04	—
	—	0.02	0.06	—
	—	454.44	332.33	—
Cash flow
	—	78.43	-110.62	—
	—	-81.62	-49.82	—
	—	9.23	161.97	—
	—	0.00	0.63	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	171.59	175.38	149.05	140.05	116.46	125.16	80.94	62.22	46.75	—
	1.02	0.25	-0.41	0.18	1.94	1.52	0.76	0.41	0.56	—
	172.61	175.63	148.64	140.24	118.40	126.68	81.69	62.62	47.31	—
	118.57	119.86	101.88	96.54	82.11	89.26	57.30	45.42	33.62	—
	35.98	15.01	32.59	56.09	33.29	22.95	21.37	16.03	3.70	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—
	1.16	1.17	1.33	1.18	1.12	1.18	1.43	2.09	3.08	—
	0.93	0.53	0.71	1.53	0.01	0.46	0.42	0.36	0.23	—
	0.08	0.08	0.10	0.06	0.06	0.06	0.08	0.08	0.06	—
	80.41	103.06	67.15	37.68	47.63	64.61	34.01	0.83	1.89	—
	54.04	55.77	46.76	43.69	36.30	37.42	24.40	17.20	13.69	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—
	54.04	55.77	46.76	43.69	36.30	37.42	24.40	17.20	13.69	—
	13.42	14.22	12.34	10.72	9.15	9.41	6.36	4.33	3.45	—
	40.62	41.56	34.42	32.97	27.14	28.01	18.04	12.87	10.25	—
	8.74	4.47	3.70	3.54	2.92	3.01	1.94	1.43	1.37	—
Key metrics
	55.05	56.38	47.57	45.28	36.37	37.94	24.90	17.64	13.98	—
	32.10%	32.10%	31.90%	32.30%	31.20%	30.30%	30.80%	28.40%	29.90%	—
	23.70%	23.70%	23.10%	23.50%	23.30%	22.40%	22.30%	20.70%	21.90%	—
	10.20%	—	10.40%	—	9.40%	—	7.50%	—	—	—
	47.30%	40.10%	84.10%	125.10%	149.10%	—	—	—	—	—
	49.70%	48.40%	90.80%	156.20%	164.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	636.07	530.72	225.03	—
	1.04	3.24	1.73	—
	637.12	533.96	226.76	—
	436.85	369.79	159.92	—
	139.67	144.92	42.84	—
	0.00	0.00	0.00	—
	4.84	4.80	3.54	—
	3.70	2.70	1.01	—
	0.32	0.28	0.32	—
	288.30	217.07	112.20	—
	200.26	164.17	66.85	—
	0.00	0.00	0.00	—
	200.26	164.17	66.85	—
	50.70	41.63	17.04	—
	149.57	122.54	49.80	—
	20.45	13.17	5.99	—
Key metrics
	204.28	167.15	68.18	—
	32.12%	31.50%	30.30%	—
	23.51%	23.10%	22.10%	—
	—	36.70%	20.40%	—
	65.31%	135.80%	—	—
	73.80%	146.10%	—	—
	—	40.91	-110.71	—
	—	0.33	-2.22	—
	—	0.03	0.00	—
	—	4.01	-1.90	—
	—	93.4	260.5	—
Balance sheet
	—	640.61	406.01	—
	—	528.21	368.41	—
	—	8.03	2.00	—
	—	240.41	180.48	—
	—	12.30	11.04	—
	—	—	132.31	—
	—	1.74	1.33	—
	—	116.86	30.90	—
	—	186.08	74.02	—
	—	12.04	0.10	—
	—	12.02	0.04	—
	—	0.02	0.06	—
	—	454.32	331.82	—
Cash flow
	—	40.91	-110.70	—
	—	-44.11	-49.78	—
	—	9.23	161.97	—
	—	0.00	0.01	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +65.31%
Profit YoY (TTM): +73.80%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +65.01%
Profit YoY (TTM): +73.80%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 67.56%

Quarter	September 2026	June 2026
Promoter %	67.56%	67.56%

Holder	Type	Holding	Previous	Change
PKH VENTURES LIMITED	Promoter	51.70%	51.70%	0.00%
MAKINDIAN FOODS PRIVATE LIMITED	Promoter	15.86%	15.86%	0.00%
YASH SHARES AND STOCK PRIVATE LIMITED	Public	4.00%	4.05%	-0.05%
UTPAL H SHETH	Public	2.27%	2.27%	0.00%
BRIDGE INDIA FUND	Public	2.17%	—	—
CHANAKYA CORPORATE SERVICES PRIVATE LIMITED	Public	1.53%	1.53%	0.00%
Vriti Infrastructure Private Limited	Promoter Group	0.00%	0.00%	0.00%
Artemis Greenpower Private Limited	Promoter Group	0.00%	0.00%	0.00%
Eternal Infra Private Limited	Promoter Group	0.00%	0.00%	0.00%
Electroplast India Private Limited	Promoter Group	0.00%	0.00%	0.00%
Rikved Education Private Limited	Promoter Group	0.00%	0.00%	0.00%
Seashell Venture Private Limited	Promoter Group	0.00%	0.00%	0.00%
Golden Chariot Organics Pharma (India) Private Limited	Promoter Group	0.00%	0.00%	0.00%
Deepa Travel Private Limited	Promoter Group	0.00%	0.00%	0.00%
Golden Chariot Hospitality Services Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%
Garuda Construction and Engineering Limited	1,437	154.40	9.61	36.70%	+65.01% TTM	+73.80% TTM	-31.38%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Financial Results for Quarter ended September 30, 20264 Nov 2026 · Result / Financial Results
1. Financial Results: a. Approved the Unaudited Standalone Financial Results for the Quarter and Half Year ended September 30, 2026 along with Limited Review Report as received from ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Garuda Construction And Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve 1. To consider ....31 Oct 2026 · Board Meeting / Board Meeting
Garuda Construction and Engineering Limited has informed the Exchange that Board of Directors at its meeting held on October 15, 2026, declared an Interim Dividend of Rs. 0.03 per equity share.15 Oct 2026 · Corp. Action / Dividend
Garuda Construction and Engineering Limited has informed the Exchange that Board of Directors at its meeting held on October 15, 2026, declared an Interim Dividend of Rs. 0.03 per equity share.15 Oct 2026 · Board Meeting / Outcome of Board Meeting
Garuda Construction And Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve the declaration ....12 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 202612 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Garuda Construction and Engineering Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 30, 2026.1 Oct 2026 · AGM/EGM / AGM
Garuda Construction and Engineering Limited has submitted the Exchange a copy of Scrutinizer Report of Annual General Meeting held on September 30, 2026.1 Oct 2026 · AGM/EGM / AGM
Garuda Construction and Engineering Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026 at 11:00 A.M. through Video Conferencing/ ....30 Sep 2026 · AGM/EGM / AGM
Intimation of closure of Trading window with effect from 01st October, 202623 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed Newspaper Advertisement7 Sep 2026 · Company Update / Newspaper Publication
The Company informed the stock exchanges about MOU between Dream City Builders with Almasarat Company Limited.7 Sep 2026 · Company Update / General
Please find enclosed Annual Report of the Company for FY 2025-2026.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed herewith the Notice of the 16th Annual General Meeting and same is also available on the Company''s Website.5 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 and 47 read with Schedule III Part A of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, Information regarding 16th Annual General Meeting ....5 Sep 2026 · Company Update / Newspaper Publication
Appointment of M/s. Ketan Vyas & Company, Company Secretaries, as the Secretarial Auditors of the Company for a term of five consecutive years commencing from financial year 2026-2027 till ....4 Sep 2026 · Company Update / Change in Management
Board Meeting held today i.e., inter-alia, has approved the following: - a) Appointment of Ms. Ketan Vyas & Company, Company Secretaries, as the Secretarial Auditors of the Company ....4 Sep 2026 · Others / Outcome without intimation
Kindly find enclosed the clarification with regard to the announcement dated 14.08.2026.15 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the investor presentation, which is also uploaded on our website.14 Aug 2026 · Company Update / General
The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 13, 2026 for PKH Ventures Ltd14 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
Clarification letter for typographical error in the Limited Review Report for consolidated unaudited financial Results in the outcome of the Board Meeting filed on 10th August, 2026.11 Aug 2026 · Company Update / General
Newspaper Advertisement publication of Standalone and Consolidated unaudited financial results for the quarter ended 30th June, 2026.11 Aug 2026 · Company Update / Newspaper Publication
Financial Results for Quarter ended June 30, 202610 Aug 2026 · Result / Financial Results
1. Approved the Unaudited Standalone Financial Results/Financial Statements of the Company along with Limited Review Report of the Auditor for the quarter ended June 30, 2026; 2. Approved ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Garuda Construction And Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve the financial ....4 Aug 2026 · Board Meeting / Board Meeting
Please find attached herewith the intimation on captioned subject3 Aug 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended June 30, 2026.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of closure of Trading window with effect from 01st July, 202626 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Garuda Construction and Engineering Limited has informed the Stock Exchange about the Change in Management of the Company.9 Jun 2026 · Company Update / Change in Management
Outcome of the Postal ballot is hereby enclosed8 Jun 2026 · AGM/EGM / Postal Ballot
Results of Postal Ballot pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20158 Jun 2026 · AGM/EGM / Postal Ballot
Annual Secretarial Compliance Report for the Financial Year ended March 31, 202630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Garuda Construction and Engineering Limited has informed the stock exchange about Appointment and Resignation of Secretarial Auditor.30 May 2026 · Company Update / General
Newspaper Advertisement publication of Standalone and Consolidated Audited Financial Result for the Quarter and year ended 31st March, 2026.19 May 2026 · Company Update / Newspaper Publication
Financial Results for Quarter and Year ended March 31, 202618 May 2026 · Result / Financial Results
1. Financial Results: a. Approved the Audited Standalone Financial Results for the Quarter and financial year ended 31st March, 2026 along with Audit Report as received from the Statutory ....18 May 2026 · Board Meeting / Outcome of Board Meeting
Garuda Construction And Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/05/2026 ,inter alia, to consider and approve 1. To consider ....14 May 2026 · Board Meeting / Board Meeting
The Board Meeting to be held on 11/05/2026 Stands Cancelled.8 May 2026 · Company Update / Board Meeting Rescheduled
Pursuant to Regulation 30 and 47 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 we enclosed herewith copies of Newspaper ....7 May 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 0.0300	23 Oct 2026	23 Oct 2026	—
Interim Dividend - Rs. - 0.0250	17 Feb 2025	17 Feb 2025	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results