Announced Mon, 18 May · 10:18 IST

Garuda Construction and Engineering Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctResults View source PDF

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AI summary

Garuda Construction reported strong financial performance for FY2026 with standalone revenue from operations of ₹53,071.52 Lakhs, up 136% from ₹22,503.01 Lakhs in FY2025. Profit after tax grew 146% to ₹12,254.11 Lakhs from ₹4,980.48 Lakhs. Basic and diluted EPS improved to ₹13.17 from ₹5.99 year-on-year. The company has three subsidiaries (PKH Ayodhya Private Limited, UP World Trade Centre Private Limited, and PKH Projects LLP) contributing ₹11,299.33 Lakhs in revenue but reporting a net loss of ₹9.33 Lakhs. Operating cash flow turned positive at ₹4,091.21 Lakhs compared to negative ₹11,070.17 Lakhs in FY2025. Trade receivables and other current assets increased significantly, reflecting business expansion. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated financial results.

Likely market impact

The company delivered exceptional revenue and profit growth, exceeding 100% YoY, indicating strong execution in its construction business. The clean audit opinion with no going concern issues is positive for investor confidence. The jump in working capital requirements warrants monitoring but appears linked to business growth rather than stress.