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GARNET CONSTRUCTION LTD.

Realty › Realty
₹44.95
at close · 28 Oct 2026
▲ 0.80 (+1.81%)

Latest filings

  1. Routine RTA compliance certificate filed for Q2 FY27 · Compliance
  2. Garnet Construction 34th AGM: all 4 resolutions passed with near-unanimous votes · Board & Shareholder Meetings
  3. Garnet Construction 34th AGM: All 4 resolutions passed with near-unanimous support · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Builds residential and commercial real estate projects, recognising revenue under Ind AS 115 on delivery of units rather than on construction progress. FY26 revenue from operations reached Rs 8,282.41 lakhs with a clean audit opinion from statutory auditor Shankarlal Jain & Associates LLP. The cost shape shows materials at 8.4% of revenue, employee costs at 4.4%, and other operating expenses — the largest single line — at 11.1%, with depreciation at 0.6% and capex at 2.7%. Trade receivables grew by Rs 3,858.95 lakhs in FY26, pushing operating cash flow into negative territory despite reported profit. Inventories fell from Rs 6,500 lakhs to Rs 5,062 lakhs as units were handed over. Equity capital is Rs 13.90 crore across 1.39 crore shares of Rs 10 face value; the registered office is in Andheri West, Mumbai.

Operating scale
EBITDA margin
65.52%FY26
Total assets
Rs 21,502.68 lakhsFY26
Operating cash flow
Negative Rs 65.51 lakhsFY26
Trade receivables increase
Rs 3,858.95 lakhsFY26
Inventories
Rs 5,062 lakhs (down from Rs 6,500 lakhs)H1 FY26
Equity capital
Rs 13.90 crore across 1.39 crore shares of Rs 10 face value
Who pays it
Buyers of residential and commercial property units
Biggest cost
Other operating expenses are the largest single cost line at 11.1% of revenue, with materials at 8.4% and employees at 4.4%
Kind of business
Small-cap, project-driven real estate developer with lumpy revenue tied to unit deliveries under Ind AS 115
Where it sits
Small-cap BSE-listed realty developer; does not qualify as a 'Large Corporate' under SEBI's framework as of March 31, 2026
Market Cap
₹62 Cr
P / E (TTM)
3.3×
EV / EBITDA
3.1×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
1.6%·
ROCE (FY19)
ROE 1.1% · margin 28.2%
Leverage
0.38·
Debt / Equity · low
Net debt ₹25 Cr
Moves on a normal day
1.80%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#6/61
P/B#31/70
ROCE#57/88
ROE#45/73
Debt / Equity#44/73
EBITDA margin#8/59

Scorecard

Measured from the filed financials, judged against its Residential, Commercial Projects peers · as of FY19 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Heavy working capital — 7415 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GARNET CONSTRUCTION LTD.'s filed financials and exchange disclosures

What does GARNET CONSTRUCTION LTD. do?

GARNET CONSTRUCTION LTD. is a Realty company listed on BSE.

Is GARNET CONSTRUCTION LTD. profitable?

Yes. Over the trailing twelve months GARNET CONSTRUCTION LTD. reported a net profit of ₹19 Cr on revenue of ₹43 Cr.

Is GARNET CONSTRUCTION LTD. debt-free?

No. It reported borrowings of ₹26 Cr on its 30 Sept 2019 balance sheet, or net debt of ₹25 Cr after cash. Debt stands at 0.38× equity. That is higher than 60% of its 73 Residential, Commercial Projects peers.

Is GARNET CONSTRUCTION LTD. expensive compared with its peers?

On trailing P/E, GARNET CONSTRUCTION LTD. ranks 6 of 61 in Residential, Commercial Projects — cheaper than 92% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the GARNET CONSTRUCTION LTD. share price move in a day?

On a typical session GARNET CONSTRUCTION LTD. moves 1.80% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GARNET CONSTRUCTION LTD.'s announcements?

Every NSE and BSE filing by GARNET CONSTRUCTION LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.