Garuda Construction and Engineering Limited (GARUDA) AI Stock Analysis

• Market Cap: ₹20.93B
• Dividend Yield: N/A
• Average Volume (3M): 133.59K
• Price to Earnings (P/E): 24.3
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 65
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 3.01
• Shares Outstanding: 93,041,740
• 10 Day Avg. Volume: 169,097
• 30 Day Avg. Volume: 133,592
• PEG Ratio: 0.36
• Price to Book (P/B): 2.82
• Price to Sales (P/S): 4.15
• P/FCF Ratio: -8.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ₹254.00 ▲(11.11% Upside)

Garuda Construction and Engineering Limited's strong financial performance, particularly in revenue growth and profitability, is a key strength. The technical indicators suggest a positive market sentiment, supporting the stock's upward momentum. However, cash flow challenges and the lack of a dividend yield are notable risks.

Garuda Construction and Engineering Limited Business Overview & Revenue Model

Company Description

Garuda Construction and Engineering Limited (GARUDA) is a leading player in the construction and engineering sector, specializing in infrastructure development, project management, and civil engineering services. The company operates across various segments including residential, commercial, and industrial construction, and is known for its commitment to quality, sustainability, and innovation. GARUDA's core offerings encompass design and build solutions, construction management, and engineering consultancy, catering to both public and private sector clients.

How the Company Makes Money

GARUDA generates revenue primarily through its construction contracts, which are awarded based on competitive bidding and long-term partnerships with government agencies and private developers. The company earns money by executing large-scale infrastructure projects, including roads, bridges, and buildings, which typically involve milestone payments as various phases of construction are completed. Additional revenue streams include consultancy fees for engineering services, project management, and maintenance contracts. GARUDA may also benefit from strategic partnerships with suppliers and subcontractors, ensuring cost efficiency and timely project delivery, which can enhance profitability.

Garuda Construction and Engineering Limited Financial Statement Overview

Summary

Garuda Construction and Engineering Limited shows strong revenue growth and profitability, supported by a robust balance sheet with low leverage. However, cash flow challenges present notable risks, as current operations are not generating sufficient cash to cover expenses.

Income Statement

Garuda Construction and Engineering Limited has shown robust revenue growth, with a 46.34% increase from 2024 to 2025. Gross profit and net profit margins are strong at 36.21% and 22.06% respectively, indicating efficient cost management and profitability. However, there is a slight decline in EBIT and EBITDA margins compared to previous years, which suggests some operational cost pressures.

Balance Sheet

The company has a very low debt-to-equity ratio, which indicates strong financial stability and low leverage risk. The equity ratio is high at 81.47%, reflecting a solid capital structure. However, the return on equity at 15.00% suggests room for improvement in generating returns for shareholders.

Cash Flow

Garuda's cash flow position raises concerns with a negative free cash flow, driven by a significant operating cash outflow. The operating cash flow to net income ratio is negative, indicating operational inefficiencies in converting income to cash. However, the company has previously demonstrated positive free cash flow, suggesting potential for recovery.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.16B	2.26B	1.54B	1.61B	770.21M	719.55M
Gross Profit	1.10B	817.12M	598.13M	588.23M	347.83M	185.56M
EBITDA	945.48M	682.67M	500.74M	559.59M	270.41M	181.22M
Net Income	691.47M	497.95M	364.35M	407.95M	187.82M	92.78M
Balance Sheet
Total Assets	0.00	4.07B	2.28B	1.76B	1.11B	1.33B
Cash, Cash Equivalents and Short-Term Investments	444.99M	444.99M	5.07M	48.46M	68.84M	2.06M
Total Debt	0.00	1.07M	1.52M	1.93M	119.90M	149.99M
Total Liabilities	-3.32B	749.89M	1.09B	937.38M	692.44M	1.10B
Stockholders Equity	3.32B	3.32B	1.19B	826.12M	417.90M	230.10M
Cash Flow
Free Cash Flow	5.93M	-1.11B	-69.35M	119.52M	117.58M	59.53M
Operating Cash Flow	5.93M	-1.10B	-68.12M	122.56M	129.17M	61.90M
Investing Cash Flow	0.00	-515.56M	25.39M	-21.13M	-11.56M	88.67M
Financing Cash Flow	-1.99M	1.63B	-658.00K	-121.81M	-50.82M	-159.15M

Garuda Construction and Engineering Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 228.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GARUDA, the sentiment is Positive. The current price of 228.6 is above the 20-day moving average (MA) of 207.84, above the 50-day MA of 202.96, and above the 200-day MA of 145.84, indicating a bullish trend. The MACD of 9.46 indicates Negative momentum. The RSI at 60.83 is Neutral, neither overbought nor oversold. The STOCH value of 78.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GARUDA.

Garuda Construction and Engineering Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GARUDA	76 Outperform	₹20.93B	24.33	―	―	―	―
RPPINFRA	68 Neutral	₹5.83B	8.12	―	0.44%	-0.58%	-12.30%
SIKKO	63 Neutral	₹2.34B	42.72	―	―	2.23%	-20.10%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PBAINFRA	43 Neutral	₹193.33M	11.88	―	―	―	―

Garuda Construction and Engineering Limited Corporate Events

Garuda Construction Ensures Regulatory Compliance with SEBI Regulations

Garuda Construction and Engineering Limited has announced that it has complied with the SEBI (Depositories and Participants) Regulations, 2018, by furnishing details of securities dematerialized and rematerialized for the quarter and half-year ending September 30, 2025, to the relevant stock exchanges. This compliance highlights the company’s commitment to regulatory adherence and transparency, potentially strengthening its market position and assuring stakeholders of its operational integrity.