Garnet Construction Ltd

Garnet Construct Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Garnet Construction Ltd

₹ 38.9 -1.99%
22 Nov - close price
garnetconstructions.com BSE: 526727
About

Incorporated in 1992, Garnet Construction Ltd is a Real Estate Development Company focused on residential, commercial, retail, and other projects, such as mass housing and cluster redevelopment. [1][2]

Key Points

Projects
Residential:
Pyramid: Spread across the 92 acres of land, in Raigarh. [1]
Brillante: 3 towers of 40 storeys each, in Mumbai [2]
Magic Hills: Spread across the 400 acres of land, in Raigarh. [3]
Commercial:
Garnet Palladium: Office space in Goregaon. [4]
Industrial:
Arkose: 56 plots spread across around 10 acres. [5]

Website BSE
  • Market Cap ₹ 54.1 Cr.
  • Current Price ₹ 38.9
  • High / Low ₹ 57.2 / 16.5
  • Stock P/E 2.81
  • Book Value ₹ 52.3
  • Dividend Yield 0.00 %
  • ROCE 1.39 %
  • ROE 1.13 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.74 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.10% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 1,702 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
1 2 2 3 2 7 34
1 1 2 2 2 5 7
Operating Profit -1 0 0 1 0 2 26
OPM % -73% 18% 20% 37% 18% 22% 78%
1 0 0 0 0 0 0
Interest 0 0 0 0 0 1 1
Depreciation 0 0 0 0 0 0 0
Profit before tax 0 0 0 1 0 1 26
Tax % 22% 29% 37% 30% 29% 28% 29%
0 0 0 0 0 0 18
EPS in Rs 0.06 0.09 0.17 0.28 0.04 0.31 13.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
29 46 14 6 7 46
23 40 11 2 6 16
Operating Profit 6 6 3 3 1 29
OPM % 21% 13% 22% 58% 17% 64%
0 0 0 0 1 0
Interest 3 2 2 2 0 2
Depreciation 1 1 1 1 0 0
Profit before tax 3 3 1 1 1 27
Tax % 74% 26% 64% 17% 30%
1 2 0 1 1 19
EPS in Rs 0.47 1.55 0.24 0.86 0.58 13.86
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -46%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -28%
TTM: -33%
Stock Price CAGR
10 Years: 12%
5 Years: 46%
3 Years: 18%
1 Year: 114%
Return on Equity
10 Years: %
5 Years: %
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
Equity Capital 14 14 14 14 14 14
Reserves 51 53 56 58 58 59
56 42 35 37 47 26
92 88 86 65 71 100
Total Liabilities 213 197 192 173 190 199
8 7 6 6 5 5
CWIP 0 0 0 0 0 0
Investments 3 3 3 3 0 0
202 187 182 164 185 194
Total Assets 213 197 192 173 190 199

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-18 10 13 1 -6
0 0 0 0 3
19 -16 -13 -3 4
Net Cash Flow 1 -6 0 -1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 624 344 1,490 1,902 1,702
Inventory Days
Days Payable
Cash Conversion Cycle 624 344 1,490 1,902 1,702
Working Capital Days 1,116 623 2,229 5,564 4,584
ROCE % 5% 2% 3% 1%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
59.12% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29% 61.29%
40.88% 38.71% 38.71% 38.71% 38.71% 38.70% 38.71% 38.70% 38.72% 38.70% 38.70% 38.70%
No. of Shareholders 5,9845,8525,8255,8275,8125,8455,7845,7585,8115,9625,7366,196

Documents

Announcements

Annual reports

Credit ratings