Giriraj Civil Developers Ltd
Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]
- Market Cap ₹ 519 Cr.
- Current Price ₹ 217
- High / Low ₹ 564 / 217
- Stock P/E 45.4
- Book Value ₹ 48.6
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.8% CAGR over last 5 years
Cons
- Stock is trading at 4.47 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.2% over last 3 years.
- Debtor days have increased from 66.9 to 89.6 days.
- Promoter holding has decreased over last 3 years: -8.47%
* 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: Infrastructure Developers & Operators Industry: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 58 | 50 | 49 | 45 | 56 | 44 | 24 | 64 | 83 | 95 | 135 | 165 | |
40 | 54 | 47 | 45 | 32 | 50 | 39 | 22 | 58 | 77 | 88 | 120 | 149 | |
Operating Profit | 2 | 4 | 3 | 4 | 13 | 5 | 5 | 3 | 5 | 6 | 7 | 14 | 15 |
OPM % | 6% | 6% | 7% | 8% | 28% | 9% | 12% | 11% | 8% | 7% | 8% | 11% | 9% |
1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 3 | |
Interest | 1 | 1 | 1 | 2 | 10 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 4 | 5 | 6 | 13 | 15 |
Tax % | 32% | 34% | 31% | 33% | 34% | 31% | 27% | 24% | 27% | 24% | 24% | 23% | |
1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 10 | 11 | |
EPS in Rs | 1.84 | 2.43 | 2.25 | 2.36 | 2.42 | 1.31 | 1.42 | 0.64 | 1.65 | 2.34 | 2.23 | 4.23 | 4.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 25% |
3 Years: | 28% |
TTM: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 32% |
3 Years: | 48% |
TTM: | 155% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 119% |
3 Years: | 106% |
1 Year: | -57% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 24 | 24 |
Reserves | 8 | 10 | 12 | 14 | 16 | 20 | 22 | 23 | 27 | 31 | 56 | 89 | 92 |
5 | 7 | 7 | 12 | 14 | 20 | 18 | 18 | 15 | 18 | 20 | 10 | 57 | |
9 | 13 | 16 | 17 | 33 | 15 | 19 | 13 | 32 | 32 | 31 | 49 | 75 | |
Total Liabilities | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 248 |
1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 26 | 23 | 2 | 12 | 21 |
22 | 31 | 36 | 44 | 62 | 55 | 60 | 56 | 50 | 61 | 101 | 151 | 215 | |
Total Assets | 24 | 32 | 37 | 45 | 64 | 58 | 63 | 57 | 76 | 84 | 111 | 172 | 248 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 3 | -2 | -1 | 29 | -5 | -23 | -28 | |||||
-0 | -0 | 1 | 2 | -24 | 4 | 14 | -9 | |||||
0 | 3 | -4 | -2 | -4 | 2 | 22 | 30 | |||||
Net Cash Flow | 2 | 6 | -5 | -1 | 1 | 0 | 12 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 100 | 150 | 184 | 314 | 103 | 153 | 214 | 99 | 43 | 68 | 90 |
Inventory Days | 49 | 21 | 29 | 63 | 99 | 128 | 225 | 324 | 126 | 130 | 213 | 205 |
Days Payable | 105 | 104 | 144 | 148 | 341 | 110 | 209 | 235 | 186 | 108 | 145 | 166 |
Cash Conversion Cycle | 1 | 16 | 35 | 99 | 72 | 121 | 168 | 302 | 39 | 65 | 136 | 128 |
Working Capital Days | 19 | 50 | 79 | 126 | 154 | 125 | 211 | 483 | 72 | 91 | 140 | 137 |
ROCE % | 19% | 23% | 18% | 17% | 44% | 16% | 14% | 7% | 13% | 14% | 11% | 15% |
Documents
Announcements
-
Cessation
16 April 2025 - Giriraj Civil Developers Limited has informed regarding Cessation of Mr Mr. Devashis Kumar Mondal as Chief Financial Officer of the company w.e.f. April 16, 2025.
- Structural Digital Database 16 April 2025
-
Board Meeting Intimation
16 April 2025 - Giriraj Civil Developers Limited has informed about Board Meeting to be held on 22-Apr-2025 to consider Other business.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 April 2025 - Confirmation of dematerialisation of securities for quarter ended 31 March 2025.
-
Updates
5 April 2025 - GIRIRAJ: Giriraj Civil Developers Limited has informed regarding the declaration Filing of disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011.
Business Overview:
GCDL provides contracting services in various disciplines of civil construction projects. It specializes in Railway civil construction work such as:
a) Railway Station Building[1]
b) Officer Residential Building[2]
c) Road over Bridge (ROB)[3]
d) Foot Over Bridge (FOB)[4]
e) Car Shed, Railway Yard[5]
f) Laying and fitting of track[6]
g) Earthworks[7]
h) Railway Bridge*[8]
Apart from this, numerous other infrastructure and construction works
awarded by local government authorities, such as construction of roads, expansion
of roads, construction of community halls, government schools, development of gardens, and repair and maintenance of such activities