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Garuda Construction and Engineering Ltd

Q2 FY26Construction

Garuda Construction and Engineering Q2 FY26: Revenue ₹116.5 Cr, PAT ₹27.1 Cr

Q2 FY26 investor presentation: what the company reported on revenue, margins and capex.

Price₹166
Market cap₹1.5K Cr
P/E11.3
Updated16 Oct 2026
Read3 min read

Garuda Construction and Engineering Ltd Q2 FY26 key numbers

Revenue
Revenue from Operations for Q2 FY25: ₹46.8 crore.

As stated in Garuda Construction and Engineering Ltd's Q2 FY26 investor presentation · published 16 Oct 2026. Reported figures, not investment advice.

Based on Garuda Construction and Engineering Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Revenue from Operations for Q2 FY26: ₹116.5 crore - Revenue from Operations for Q2 FY25: ₹46.8 crore - Year-on-Year (YoY) growth in revenue: 149.2% (Page 28 & 30) - Q2 FY26 Financials vs Q2 FY25: - EBITDA: ₹34.4 Crore, up 156.5% YoY (from ₹13.4 Crore) - EBITDA Margin: 29.5%, improving 80 bps YoY (from 28.7%) - EBIT: ₹36.3 Crore, up 160.5% YoY (from ₹13.9 Crore) - EBIT Margin: 31.1%, up 130 bps YoY (from 29.8%) - Profit After Tax (PAT): ₹27.1 Crore, up 164.7% YoY (from ₹10.2 Crore) - PAT Margin: 23.3%, up 140 bps YoY (from 21.9%) - Margin Outlook:

From Garuda Construction and Engineering Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Revenue from Operations for Q2 FY26: ₹116.5 crore
  • Revenue from Operations for Q2 FY25: ₹46.8 crore
  • Year-on-Year (YoY) growth in revenue: 149.2% (Page 28 & 30)
  • Outlook:
  • Confident execution pickup in the second half of FY26 post-monsoon (Page 29)
  • Achieved full-year revenue of the previous fiscal within first six months of FY26, indicating strong project delivery capabilities (Page 29)

2 more points from Garuda Construction and Engineering Ltd's call on revenue

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Profitability & Margins

See what Garuda Construction and Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • It highlights "Capital Work-in-Progress" valued at Rs. 2.2 Crore consistently as of Mar-25 and Sept-25, indicating ongoing investment in assets.
  • On-going projects (total orderbook ~Rs. 3,461 Crore) include large development and construction contracts with timelines (e.g., International Convention Centre, Gorakhpur - 3 years from Sept 2024; Rehabilitation Building Nov 2024 - 18 months; Township Projects with 30-36 months timelines).
  • The company maintains an asset-light business model, relying on third-party subcontractors for equipment and materials, implying limited direct capex.
  • Focus is on execution capabilities enhancement to handle multiple, larger projects rather than traditional capex or plant-based expansion.

Top-ranked in Construction

Ranked on what management guided this quarter

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2Solarworld Ene.
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3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Garuda Construction and Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The investor presentation reports a strong order book of ₹3,461 crore as of 27th October 2025.
  • During the quarter, fresh orders worth nearly ₹353 crore were added.
  • The order book provides visibility for the next three years across multiple states including MMR, Karnataka, Rajasthan, Punjab, and Arunachal Pradesh.
  • Ongoing projects with outstanding orders are detailed, including:
  • International State of the Art Convention Centre, Gorakhpur: ₹1,015 crore outstanding
  • Rehabilitation Building, Mumbai: ₹231 crore outstanding
  • Project at Oshiwara Lokhandwala Shikhar-B: ₹266 crore outstanding

2 more points from Garuda Construction and Engineering Ltd's call on order book

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Garuda Construction and Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹149 Cr, net profit ₹34 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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    The Half-Year Profit & Loss Statement on Page 37 shows revenue figures (₹ in millions): . Key investor presentation takeaways from Suntech Infra Solutions Ltd's

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    For H1-FY26 (half year ending September 2025), Revenue from Operations was INR 909 million, up 76.5% YoY from INR 515 million in H1-FY25. Key investor presentat

  • Konstelec Engg. (Q2 FY26)

    650 Crores (Page 9). Key investor presentation takeaways from Konstelec Engineers's Q2 FY26 investor presentation — and how it ranks against sector peers.

  • MBL Infrastructure Ltd (Q2 FY26)

    Revenue (Income) for HY25 (half year 2025) standalone: ₹119.37 Cr; FY24: ₹184.15 Cr. Key investor presentation takeaways from MBL Infrastructure Ltd's Q2 FY26 i

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Frequently Asked Questions

What were Garuda Construction and Engineering Ltd Q2 FY26 results?

Revenue from Operations for Q2 FY26: ₹116.5 crore - Revenue from Operations for Q2 FY25: ₹46.8 crore - Year-on-Year (YoY) growth in revenue: 149.2% (Page 28 & 30) - Q2 FY26 Financials vs Q2 FY25: - EBITDA: ₹34.4 Crore, up 156.5% YoY (from ₹13.4 Crore) - EBITDA Margin: 29.5%, improving 80 bps YoY (from 28.7%) - EBIT: ₹36.3 Crore, up 160.5% YoY (from ₹13.9 Crore) - EBIT Margin: 31.1%, up 130 bps YoY (from 29.8%) - Profit After Tax (PAT): ₹27.1 Crore, up 164.7% YoY (from ₹10.2 Crore) - PAT Margin: 23.3%, up 140 bps YoY (from 21.9%) - Margin Outlook:

What is Garuda Construction and Engineering Ltd share price analysis?

Garuda Construction and Engineering Ltd currently shows a neutral. The stock trades at a P/E of 11.3 with a market cap of ₹1,542 Cr. Investors should review the full earnings analysis for detailed insights.

Is Garuda Construction and Engineering Ltd planning capital expenditure?

- It highlights "Capital Work-in-Progress" valued at Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.