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    Real Estate - Development
Garnet Construction Limited

Garnet Construction Limited

GARNET.BO
Garnet Construction LimitedIN flagBombay Stock Exchange
69.92
INR
+0.91
- -
972.04MMarket Cap
Garnet Construction Limited
GARNET.BO
(Bombay Stock Exchange)

Recent

price

69.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.21
5.89
15.12
4.27
20.35
33.27
10.24
4.19
5.25
49.18
48.09
4
1.45
8.01
11.54
- -
59.54
Revenue per Share
-1.63
0.94
0.78
1.65
0.47
1.55
0.24
0.87
0.59
4.96
9.1
0.37
0.21
2.11
5.31
- -
28.38
Basic EPS, GAAP
-20.13
-18
-4.37
2.62
-13.65
7.49
9.11
0.95
-4.22
19.95
9.1
-0.81
-1.05
-1.7
-0.26
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.69
12.64
13.42
15.1
9.9
19.13
19.36
20.23
20.77
25.74
34.85
35.21
35.45
37.56
42.73
- -
9.99
Book Value per Share
42.84
43.78
44.57
46.3
46.2
50.36
50.59
51.45
51.91
56.88
65.99
66.35
66.6
68.71
73.78
- -
102.34
Tangible Book Value per Share
14
14
14
14
14
14
14
14
14
14
14
14
14
14
14
- -
14
Basic Weighted Avg Shares
17
82
210
59
286
463
142
58
73
684
669
56
20
111
161
828
828
Sales/Revenue/Turnover
-120.24
41.97
16.72
96.6
17.93
10.92
17.43
48.31
10.94
16.52
27.39
-27.99
-85.01
-20.14
46.66
60.69
60.68
Operating Margin (%)
3
3
4
4
10
10
6
6
5
3
3
3
3
3
3
5
5
Depreciation Expense
-23
13
11
23
7
22
3
12
8
69
126
5
3
29
74
394
395
Net Income, GAAP
- -
11.26
19.86
27.88
73.8
25.99
63.37
16.95
29.63
29.23
25.58
28.39
36.17
28.18
25.19
25.28
25.27
Effective Tax Rate (%)
-134.95
16.02
5.18
38.6
2.31
4.66
2.33
20.67
11.25
10.08
18.92
9.16
14.48
26.42
46.03
47.57
47.67
Profit Margin (%)
666
554
626
762
896
790
870
884
894
945
1,032
987
1,000
1,013
1,039
1,443
1,443
Working Capital
130
121
128
242
351
196
269
273
243
208
165
111
118
99
57
82
82
LT Debt
596
609
620
642
649
700
703
715
722
791
917
922
926
955
1,029
1,424
1,424
Total Equity
- -
3.38
2.74
4.21
1.38
3.53
0.84
2.18
0.49
7.07
12.27
-1
-1.01
-1.5
5.1
28.45
28.45
Return on Invested Capital (%)
- -
2.8
1.83
7.52
2.69
6.71
1.17
3.48
1.58
12.13
19.83
1.27
0.64
5.43
12.37
88.84
89.02
Return on Capital (%)
-13.04
7.75
6.01
11.56
3.79
10.64
1.24
4.38
2.88
21.33
30.03
1.05
0.59
5.79
13.25
107.21
107.44
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
72
- -
82
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
- -
14
Market Capitalization
680
951
1,068

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,080
- -
2,077
Cash, Cash Equivalents & STI
1
- -
1
Accounts Receivable, Net
681
- -
681
Inventories
506
- -
537
Total Current Liabilities
796
- -
634
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.88%
10.03%
38.36%
Free Cash Flow
-66.12%
115.55%
679.17%
Net Income, GAAP
232.31%
270.69%
432.02%
Sales/Revenue/Turnover
148.76%
151.31%
414.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
11
11
69
111
2025
152
8
9
-747
161
2026
404
163
158
104
828

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
2.4
2.4
- -
2.11
2025
5.21
-0.63
-0.33
1.06
5.31
2026
13.1
4.7
7.2
3.39
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Garnet Construction Limited functions as a real estate developer, actively involved in building and selling a diverse range of properties. The company focuses on developing residential, commercial, and retail spaces, in addition to undertaking mass housing and intricate cluster redevelopment initiatives. Its operations also encompass the creation and leasing of industrial plots and sheds, with projects primarily concentrated across the Maharashtra region of India, including areas like Mumbai, Raigad, Khopoli, and Pune. The firm was founded in Mumbai on October 15, 1992, by Kishan Kumar Kedia.