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Garnet Construction Ltd (GARNET) · mywealthgrid

About

Garnet Construction Ltd operates in Residential, Commercial Projects within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹65 Cr

P/E

8.8×

P/B

0.5×

Dividend yield

ROE

32.2%

ROCE

41.2%

Debt / equity

0.06

OPM

61.3%

EPS (TTM)

₹5.3

Book value

₹102.4

52-week high

₹111.3

52-week low

₹45.5

₹46.9-0.5%1Y

Beta

1.49

Amplifies index moves

Volatility (1y)

59.1%

Annualised, daily returns

RSI (14)

24.3

Oversold territory

Rel. strength (1y)

-12.2%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Healthy operating margin of 61.3%
+Profit CAGR of 25.6% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+Comfortable interest coverage of 57.8×
+High promoter holding of 61.3% with no pledge

Cons

−Modest revenue growth of 4.4% a year over the last 5 years
−Trading 57.9% below its 52-week high

Research score

Structured signal from quality, growth, valuation and momentum.

69/100

Business quality: 99
Growth: 67

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11	5	7	68	67	6	2	11	16	83
COGS	—	-1	—	—	41	4	0	9	3	19
Gross profit	—	—	—	—	26	2	2	2	13	64
	8	15	6	57	10	3	3	4	6	13
	4	-10	1	12	16	-1	-1	-2	8	51
OPM %	33.6%	-206.7%	17.1%	17%	24.5%	-22.3%	-65.4%	-17.5%	48.6%	61.3%
Depreciation	1	1	0	0	0	0	0	0	0	1
Interest	2	2	0	2	1	0	0	1	1	1
	—	2	1	—	2	3	2	7	3	4
Profit before tax	2	1	1	10	17	1	0	4	10	53
Tax	—	1	0	3	4	0	0	1	2	13
Tax %	—	41.1%	30.8%	29.3%	25.6%	28.2%	37%	28.1%	25.2%	25.3%
	1	1	1	7	13	1	0	3	7	39
PAT margin %	11.9%	18.5%	11.2%	10.1%	18.9%	9.2%	14.2%	26.4%	46.1%	47.7%
EPS (₹)	—	0.7	0.6	18.6	9.1	0.4	0.2	2.1	5.3	28.4
EPS adjusted (₹)	—	—	—	—	9.1	0.4	0.2	2.1	5.3	28.4
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	14	14	14	14	14	14
Reserves	78	78	79	82	89	128
Minority interest	0	0	0	0	0	0
	16	11	15	11	8	8
	78	65	54	57	65	64
Total equity & liabilities	186	168	161	163	176	215
	5	4	4	4	5	6
CWIP	0	0	0	0	0	0
Investments	0	0	0	0	0	0
	182	164	157	159	171	209
Total assets	186	168	161	163	176	215

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	39.2%	33.9%	85.4%	15.9%	83.1%	76.8%
EBITDA margin %	17.1%	17%	24.5%	-22.3%	-65.4%	-17.5%	48.6%	61.3%
EBIT margin %	10.7%	16.5%	24%	-28.5%	-81.5%	-20.1%	46.7%	60.7%
PAT margin %	11.2%	10.1%	18.9%	9.2%	14.2%	26.4%	46.1%	47.7%
Working capital
Receivable days	—	—	193	2,405	6,098	1,008	670	300
Inventory days	—	—	566	6,283	84,717	2,470	8,722	1,019
Payable days	—	—	152	248	3,005	89	345	40
NWC days	—	—	607	8,440	87,810	3,390	9,048	1,279
Leverage
Current ratio	—	—	2.33	2.54	2.8	2.78	2.57	3.28
Debt to EBITDA	—	—	1.01	—	—	—	1.03	0.16
Debt to equity	—	—	0.18	0.12	0.16	0.11	0.08	0.06
Interest coverage	3.7	5.1	26.7	1.9	2.9	6.7	11.6	57.8
Asset turnover	—	—	0.36	0.03	0.01	0.07	0.09	0.39
Return ratios
Return on assets %	—	—	6.8%	0.3%	0.2%	1.8%	4.2%	18.4%
Return on capital employed %	—	—	16.2%	0.9%	0.7%	4.6%	10%	41.2%
Return on equity %	—	—	13.8%	0.6%	0.3%	3.1%	7.2%	27.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%	61.29%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%	38.71%
No. of shareholders	—	—	—	—	—	—	—	—	5,970	5,925	5,873	5,931

Promoter holding up 0 percentage points since Sep 2023.

3 deals · 19 Aug 2024 – 8 Jul 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
8 Jul 2025	RIMPY MITTAL	Bulk	BSE	Buy	97,723	₹40.01	₹0.39 Cr
8 Jul 2025	RIMPY MITTAL	Bulk	BSE	Sell	86,212	₹39.82	₹0.34 Cr
19 Aug 2024	VENKATA SUBBARAO BOMMISETTY	Bulk	BSE	Sell	75,000	₹36.10	₹0.27 Cr

1–3 of 3

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Arun KediaExecutive Director-Chairperson
Mr. Sanjay KediaExecutive Director
Hetal TalrejaChief Financial Officer
Ms. Sirya Vakil SiddiquiNon-Executive - Independent Director
Mr. Jitendra JadhavNon-Executive - Independent Director
Mr. Akash KambleNon-Executive - Independent Director
Ms. Chahat KediaNon-Executive - Non Independent Director
Ms. Nikita PoddarChief Financial Officer
Neha VermaCompliance officer cum Company Secretary

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Garnet Construction Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

44 announcementsExport CSV

30 Sept 2026, 6:49 pmAGM/EGM

Garnet Construction Ltd - 526727 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

Postal Ballot PDF

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Date	Category	Subject	Filing
30 Sept 2026, 6:49 pm	AGM/EGM Postal Ballot	Garnet Construction Ltd - 526727 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report	PDF
30 Sept 2026, 6:19 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 6:09 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
28 Sept 2026, 2:14 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 3:36 pm	AGM/EGM AGM	Intimation Of 34Th Annual General Meeting (AGM) Of Garnet Construction Limited	PDF
5 Sept 2026, 5:41 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
5 Sept 2026, 5:29 pm	Corp. Action Book Closure	Corporate Action : Fixes Book Closure For FY 25-26	PDF
5 Sept 2026, 5:17 pm	Others Outcome without intimation	Board Meeting Outcome for Intimation Of 34Th AGM Of Garnet Constructions Limited	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	13	-1	-1	-2	1	-1
	1	2	2	6	2	1
	-11	-6	-2	-5	-3	-0
Net cash flow	3	-5	-1	-1	0	0
Free cash flow	13	-1	-1	-2	-0	-3
CFO / Operating profit %	79.1%	—	—	—	7.4%	-1.3%

Garnet Construction Ltd

Garnet Construction Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

No fund holdings on record

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Garnet Construction Ltd

Garnet Construction Ltd

About

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Board meetings1

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

1

1