Giriraj Civil Developers Ltd

Giriraj Civil Developers Ltd

₹ 444 4.61%
03 Jul 12:50 p.m.
About

Incorporated in 2005, Giriraj Civil Developers Ltd is in the business of civil construction[1]

Key Points

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

  • Market Cap 1,062 Cr.
  • Current Price 444
  • High / Low 1,002 / 47.3
  • Stock P/E 105
  • Book Value 47.3
  • Dividend Yield 0.00 %
  • ROCE 19.8 %
  • ROE 16.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 33.9% CAGR over last 5 years

Cons

  • Stock is trading at 9.42 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 12.7% over last 3 years.
  • 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.

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
11 14 15 49 42 41 33 62 42 93
9 13 13 45 39 38 30 58 38 82
Operating Profit 2 1 2 3 3 3 3 4 4 11
OPM % 14% 8% 12% 7% 7% 8% 9% 7% 8% 12%
0 1 0 0 0 0 0 1 1 2
Interest 1 1 1 1 1 1 1 1 2 1
Depreciation 0 0 0 0 0 0 0 0 1 1
Profit before tax 0 1 1 3 2 3 2 4 2 11
Tax % 31% 21% 29% 26% 24% 25% 23% 24% 20% 24%
0 1 1 2 2 2 2 3 2 9
EPS in Rs 0.21 0.43 0.38 1.28 1.16 1.18 1.01 1.43 0.79 3.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
43 58 50 49 45 56 44 24 64 83 95 135
40 54 47 45 32 50 39 22 58 77 88 120
Operating Profit 2 4 3 4 13 5 5 3 5 6 7 14
OPM % 6% 6% 7% 8% 28% 9% 12% 11% 8% 7% 8% 11%
1 0 0 0 0 1 1 1 0 1 1 2
Interest 1 1 1 2 10 3 3 2 2 2 2 3
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 2 3 3 3 3 3 3 1 4 5 6 13
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
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
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: 42%
Compounded Profit Growth
10 Years: 18%
5 Years: 34%
3 Years: 52%
TTM: 157%
Stock Price CAGR
10 Years: %
5 Years: 144%
3 Years: 180%
1 Year: 843%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 13%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 2 2 1 1 3 3 3 3 3 4 24
Reserves 8 10 12 14 16 20 22 23 27 31 56 89
5 7 7 12 14 20 18 18 15 18 20 10
9 13 16 17 33 15 19 13 32 32 31 49
Total Liabilities 24 32 37 45 64 58 63 57 76 84 111 172
1 1 1 1 0 1 1 1 1 1 9 10
CWIP 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
22 31 36 44 62 55 60 56 50 61 101 151
Total Assets 24 32 37 45 64 58 63 57 76 84 111 172

Cash Flows

Figures in Rs. Crores

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

Figures in Rs. Crores

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
Inventory Days 49 21 29 63 99 128 225 324 126 130 213
Days Payable 105 104 144 148 341 110 209 235 186 108 145
Cash Conversion Cycle 1 16 35 99 72 121 168 302 39 65 136
Working Capital Days 19 50 79 126 154 125 211 483 72 91 140
ROCE % 19% 23% 18% 17% 44% 16% 14% 7% 13% 14% 11%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Oct 2023Mar 2024
59.57% 59.57% 59.57% 59.57% 59.57% 59.57% 64.19% 69.19% 55.50% 55.50% 51.10% 51.10%
40.43% 40.44% 40.43% 40.43% 40.43% 40.43% 35.80% 30.81% 44.50% 44.50% 48.90% 48.90%
No. of Shareholders 15775747475757462729194161

Documents