Arthneeti

Garuda Construction and Engineering Q2 FY26 Share Price & Earnings Call Analysis

₹152.83+6.85% today
Market cap
₹1,422 Cr
P/E
10.45
ROE
31.63%
PEG
0.24
Price to sales
2.45
Debt to equity
0.03
52W high / low
₹242 / ₹133
Sales growth (5Y)
49.13%
EBITDA margin
31.61%
Net profit margin
23.42%
Promoter holding
67.56%
Sales (last year)
₹581 Cr

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

Potential multibaggers · Q2 FY27

Potential multibaggers in Construction
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Garuda Cons rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Construction companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹6,105 Cr10.9
240%+Flat₹2,003 Cr8.8
340%+Flat₹933 Cr7.9
440%+Flat₹912 Cr7.8
540%+Flat₹714 Cr13.0
640%+Flat₹465 Cr15.3

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Pro shows every company guiding 40%+ revenue growth →Full Construction ranking

Financials of Garuda Cons

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Garuda Cons

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +21586035476281125116140149
Expenses +14394123334557898295101
Operating Profit719191213172436344548
OPM %33%32%32%33%29%28%30%29%30%32%32%
Other Income +0000101220-0
Interest00000000021
Depreciation00000000000
Profit before tax718191214172437364447
Tax %25%25%29%25%25%25%26%25%25%25%26%
Net Profit +51414910131828273334
EPS in Rs0.691.851.841.161.371.381.943.012.923.543.70

Financials of Garuda Cons

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1247277161154225531
Expenses +1205750105104159367
Operating Profit41527565066164
OPM %3%21%35%35%32%30%31%
Other Income +1000023
Interest3220013
Depreciation0001000
Profit before tax21225555067164
Tax %26%24%24%26%27%25%25%
Net Profit +1919413650123
EPS in Rs1.347.4515.0832.754.885.3513.17
Dividend Payout %0%0%0%0%0%0%0%

Financials of Garuda Cons

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital11121212374747
Reserves311297082285408
Borrowings +31151200012
Other Liabilities +11295579410974174
Total Liabilities157133111176228406641
Fixed Assets +112221170
CWIP2222222
Investments12400000
Other Assets +142125107172225393569
Total Assets157133111176228406641

Financials of Garuda Cons

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-1181312-7-11141
Cash from Investing Activity +-612-1-23-50-44
Cash from Financing Activity +17-18-5-12-01629
Net Cash Flow-027-2-416
Free Cash Flow-17161212-7-11140
CFO/OP-231%59%62%33%15%-141%31%

Financials of Garuda Cons

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days78166143175417293165
Inventory Days008720931
Days Payable1,3101,970294
Cash Conversion Cycle78166-1,080-1,587417293-98
Working Capital Days6613070127213405220
ROCE %43%58%81%49%30%42%
12out of 100

Momentum score · price trend

12 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,908 stocks
Last 12 months−28.6%24%
Last 6 months−22.3%17%
Last 3 months−11.9%39%

The price is 36.9% below its all-time high of ₹242.37 (7 Nov 2025). Stocks more than 20% below their peak have their score halved, so 24 became 12.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,908 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Garuda Cons: 0.4 × 24 + 0.4 × 17 + 0.2 × 39 = 24, halved to 12 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 3 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Garuda Cons's management said in earlier quarters

Others in Construction this season

  • IL&FS Engineering & Construction Co (Q2 FY27)

    The presentation reports revenue of Rs.82 crore for the quarter ended September 30, 2025. Key results statement takeaways from IL&FS Engineering & Construction

  • A B Infrabuild (Q2 FY27)

    Revenue from operations (Gross) for the quarter ended 30.09.2026: ₹7,422.92 lakh . Key results statement takeaways from A B Infrabuild Ltd's Q2 FY27 results sta

  • H.G. Infra Engg. (Q2 FY27)

    Consolidated Revenue from Operations for Q2 FY27: ₹9,735.87 million, up 7.6% YoY from ₹9,045.03 million in Q2 FY26 (Page 14). Key investor presentation takeaway

  • Kay Cee (Q2 FY27)

    Revenue for H1 FY27 is ₹133.89 crore (₹13,388.53 lakhs), up 60% from ₹83.33 crore (₹8,332.76 lakhs) in H1 FY26. Key investor presentation takeaways from Kay Cee

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