Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Sep
Source: Bse
Garuda Construction and Engineering Limited (GARUDA)
Small CapInfra stocks · Small cap · NSE
Garuda Construction and Engineering Limited operates in Construction, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 05:57 pm ISTDetails
Quote21 Oct, 05:57 pm IST
Base fundamentals13 Oct 2026 · screener
Latest result16 Aug, 12:37 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Infra P/E 15.4 (n=87)
Technical timing lens
Trend score and candlestick chart
35BearishSMA20 -4.2% / mo · RSI oversold · MACD − · sector -2.2pp vs Nifty 500 (3M)
Stock trend: 33
Sector RS: 38
Sector 3M: -7.9% vs Nifty 500 -5.6%
Infra FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GARUDAD candles · FIT view-10.9%Latest close ₹153.65 on 2026-10-21
Bar
-5.7%
RSI
28
MACD hist
-1.29
52W pos
20%
2026-10-21O ₹163.00H ₹163.59L ₹152.40C ₹153.65Vol 3.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GARUDANifty InfraNifty 500
- GARUDA
- -12.9%
- Nifty 500
- -6.5%
- Nifty Infra
- -8.6%
- Vs Nifty 500
- -6.4 pp
Chart stats
21 Oct 2026- From 52W high
- -38.4%
- 52W range position
- 20%
- ATR (14)
- 3.8%
- Volume vs 20D
- 1.08x
- Avg traded value
- ₹5.2 Cr
- 20D price channel
- ₹152.4 - ₹187.6
₹249.3
₹130 - ₹249.3
₹5.9
Latest completed session
20-session average
32.9% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Strong U-Score but weak trend: timing is not confirming the thesis.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · DEEP VALUE77
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +40.0% · PAT +50.0% YoY
Technical
Bearish35
Price trend and sector-relative-strength timing.
Valuation
Legacy model+54.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence79
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +40% YoY · PAT +50% YoY · margin expansion · +17% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹175 Cr | +40.0% | +17.4% |
| EBITDA | ₹56 Cr | +55.6% | +16.7% |
| Operating margin | 32.0% | +300 bps | +0 bps |
| PAT | ₹42 Cr | +50.0% | +23.5% |
| PAT margin | 24.0% | +160 bps | +118 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 11.30
- P/B
- 3.38
- EV/EBITDA
- 8.42
- Market Cap
- 1537.00Cr
Profitability
- ROE
- 31.20%
- ROCE
- 41.80%
- ROA
- 21.12%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 60.34%
- EPS 5Y
- 64.92%
- Revenue 3Y
- 60.34%
- EPS 3Y
- 64.92%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 61.33×
- Altman Z
- 7.87
- Book Value
- 48.80
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 78.00 Cr
- EPS TTM
- 14.62
Shareholding
- Promoter Hold
- 67.56%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 29%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 175+17.4% vs prev
Net Profit
₹ CrLatest: 42.0+23.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 28.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~4.4% over last month) — short-term momentum negative.
- RSI(14) at 28 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 38% off 52W high · 18% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
37
RS percentile
Stage 1 Base / Transition
1M return
-13.1%
3M return
-12.9%
6M return
-11.9%
1Y return
-24.3%
RS 1D
-3
RS 20D
-15
Sector rank
#17
Industry rank
#68
Stage evidence
- Price is 11.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +0.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 88.66-4.48%
RS vs Nifty 50089
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation17/30
Growth24/25
Quality19/20
Balance Sheet11/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
77
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
77/100 · legacy band DEEP VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 54.5%.
- Growth contributes 24/25 to the score.
Main drags
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Valuation is weaker at 17/30; verify the latest quarterly trend.
- Balance sheet is weaker at 11/15; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
11.3
PB
3.4
EV/EBITDA
8.4
ROE
31.2%
ROCE
41.8%
FCF Yield
—
Debt/Equity
0.0
MoS
+54.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
77
Previous: 76 (+1)
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+54.5%
Previous: +51.9%
Score history
12 stored score snapshots. Latest stored move: -1 points.
21 Oct 2026
v4.3-runtime-valuation
76
76
76
76
76
76
76
76
76
76
77
76
Factor attribution
Valuation
17+1
was 16
Modelled fair value
Graham Number
₹126.7
-21.3% MoS
Growth-justified P/E
23.1
Growth-justified Value
₹337.72
+54.5% MoS
PEG
0.17
Comparable companies
Peers
Business-comparable peers in Infra — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CAPACITE
Small
Capacit'e Infraprojects Limited
Construction & Engineering
match 101
72
8.2
10.4%
+67%
UNDERVALUED
CCCL
Small
Consolidated Construction Consortium Limited
Construction & Engineering
match 92
26
—
-4.3%
—
OVERVALUED
GENCON
Small
Generic Engineering Construction and Projects Limited
Construction & Engineering
match 89
21
26.0
2.9%
-204%
OVERVALUED
BLKASHYAP
Small
B. L. Kashyap and Sons Limited
Construction & Engineering
match 87
23
32.6
2.0%
-30940%
OVERVALUED
MODIS
Small
Modis Navnirman Limited
Construction & Engineering
match 87
52
23.4
20.5%
-14%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Garuda Construction and Engineering Limited operates in Construction, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
79Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 88th percentile of the scored universe and 88th percentile within Infra. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
88th percentile
overall median 67 · Infra: 88th pctile, median 64 · Small: 90th pctile, median 66
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 67.6%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.03.
- ▸ROCE is 41.8%.
Trust risks
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Garuda Construction and Engineering Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Pursuant to Regulation 30 and 47 read with Schedule III Part A of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, Information regarding 16th Annual …
Source: Bse
Announcement
Clarification With Regards To Announcement Dated 14.08.2026 15 Aug - Company clarifies a wrong document was uploaded on 14.08.2026; stakeholders should ignore it.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Aug - Newspaper Advertisement publication of Standalone and Consolidated unaudited financial results for the quarter ended 30th June, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 9 Jun - Members approved Krishnakumar Bangera as Independent Director and Dhruti Satia as Independent Woman Director for five years.
Source: Bse
Credit rating
Credit-rating report · Garuda Construction and Engineering Limited has informed the Exchange about Credit Rating- New
Source: Nse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 19 May - Newspaper Advertisement publication of Standalone and Consolidated Audited Financial Result for the Quarter and year ended 31st March, 2026.
Source: Bse
Investor presentationOct 2025
Oct 2025 · PPT
Source: Bse
Investor presentationOct 2025
Oct 2025 · PPT
Source: Bse
Investor presentation
Investor presentation · Garuda Construction and Engineering Limited has informed the Exchange about Investor Presentation
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.