Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Non-Independent Director Deepak Kumar is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 10
Garuda Construction and Engineering Limited Announces Board Changes Garuda Construction and Engineering Limited informed that the members had approved the appointment of Mr. Krishnakumar Laxman Bangera as an Independent Non-Executive Director of the Company for the term of five years on the Board of the Company, effective June 1, 2026. He has a varied and rich working experience in organizations across teams from different cultures. He has a track record of successfully managing organisations. The members had also approved the regularization of Mrs. Dhruti Harsh Satia as Non-Executive Independent (Woman) Director of the Company for the term of five years on the Board of the Company, effective April 21, 2026. Mrs. Dhruti Harsh Satia has completed her Bachelors in Commerce from Mumbai University and became an Associate Member of Institute of Company Secretaries of India (ICSI) in the year 2015. She was Company Secretary of Mercury Trade Links Limited (A BSE Listed Company) and was also responsible for the group secretarial work and before that she was assistant Company Secretary to Essel Finance Wealth Zone Private Limited. She has also worked for B.S. Sharma & Co., a Chartered Accountant Firm. Reported Earnings • May 19
Full year 2026 earnings released: EPS: ₹13.17 (vs ₹5.99 in FY 2025) Full year 2026 results: EPS: ₹13.17 (up from ₹5.99 in FY 2025). Revenue: ₹5.34b (up 137% from FY 2025). Net income: ₹1.22b (up 146% from FY 2025). Profit margin: 23% (in line with FY 2025). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹202, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 120% over the past year. Announcement • May 05
Garuda Construction and Engineering Limited to Report Q4, 2026 Results on May 11, 2026 Garuda Construction and Engineering Limited announced that they will report Q4, 2026 results on May 11, 2026 Board Change • May 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Non-Independent Director Deepak Kumar is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹154, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 54% over the past year. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹3.54 (vs ₹1.94 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.54 (up from ₹1.94 in 3Q 2025). Revenue: ₹1.40b (up 72% from 3Q 2025). Net income: ₹329.0m (up 82% from 3Q 2025). Profit margin: 24% (up from 22% in 3Q 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹203, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 16x in the Construction industry in India. Total returns to shareholders of 75% over the past year. Announcement • Feb 09
Garuda Construction and Engineering Limited to Report Q3, 2026 Results on Feb 12, 2026 Garuda Construction and Engineering Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Jan 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). High level of non-cash earnings (65% accrual ratio). Reported Earnings • Oct 28
Second quarter 2026 earnings released: EPS: ₹2.92 (vs ₹1.94 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.92 (up from ₹1.94 in 2Q 2025). Revenue: ₹1.16b (up 43% from 2Q 2025). Net income: ₹271.3m (up 51% from 2Q 2025). Profit margin: 23% (up from 22% in 2Q 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹218, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 143% over the past year. Announcement • Oct 21
Garuda Construction and Engineering Limited to Report Q2, 2026 Results on Oct 27, 2025 Garuda Construction and Engineering Limited announced that they will report Q2, 2026 results on Oct 27, 2025 Announcement • Sep 08
Garuda Construction and Engineering Limited, Annual General Meeting, Sep 27, 2025 Garuda Construction and Engineering Limited, Annual General Meeting, Sep 27, 2025, at 11:00 Indian Standard Time. Location: mumbai India Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹198, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 20x in the Construction industry in India. Reported Earnings • Jul 19
First quarter 2026 earnings released First quarter 2026 results: EPS: ₹3.01. Net income: ₹280.0m (up ₹280.0m from 1Q 2025). Announcement • Jul 14
Garuda Construction and Engineering Limited to Report Q1, 2026 Results on Jul 18, 2025 Garuda Construction and Engineering Limited announced that they will report Q1, 2026 results on Jul 18, 2025 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹140, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 22x in the Construction industry in India. New Risk • Jul 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). High level of non-cash earnings (79% accrual ratio). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹127, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 23x in the Construction industry in India. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹5.99 (vs ₹4.88 in FY 2024) Full year 2025 results: EPS: ₹5.99 (up from ₹4.88 in FY 2024). Revenue: ₹2.27b (up 48% from FY 2024). Net income: ₹498.0m (up 37% from FY 2024). Profit margin: 22% (down from 24% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 27
Garuda Construction and Engineering Limited to Report Q4, 2025 Results on May 30, 2025 Garuda Construction and Engineering Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹106, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 21x in the Construction industry in India. New Risk • May 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.54b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 4.1% over the past year. High level of non-cash earnings (44% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₹8.54b market cap, or US$99.7m). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 4.1% over the past year. High level of non-cash earnings (44% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). New Risk • Apr 01
New major risk - Revenue and earnings growth Revenue has declined by 4.1% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 4.1% over the past year. High level of non-cash earnings (44% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹113, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Construction industry in India. Announcement • Feb 08
Garuda Construction and Engineering Limited Declares Interim Dividend for the Financial Year Ending on March 31, 2025, Payable on or Before March 7, 2025 The board of directors of Garuda Construction and Engineering Limited meeting held on February 7, 2025, declared iinterim Dividend of INR 0.025/- per equity share of par value INR 5/- each for the financial year ending on March 31, 2025, to the Members of the Company as on February 17, 2025, being the Record Date. The payment of Interim Dividend will be made on or before March 7, 2025. Announcement • Feb 04
Garuda Construction and Engineering Limited to Report Q3, 2025 Results on Feb 07, 2025 Garuda Construction and Engineering Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹123, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 27x in the Construction industry in India. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹114, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 28x in the Construction industry in India. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹95.34, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 26x in the Construction industry in India. Announcement • Nov 09
Garuda Construction and Engineering Limited to Report Q2, 2025 Results on Nov 14, 2024 Garuda Construction and Engineering Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Oct 15
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Director Deepak Kumar is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.