Garnet Construction Ltd.

BSE: GARNET · Residential, Commercial Projects · sector

₹42.24BSE close 2026-10-26

Key numbers

Market cap₹59 cr

Price₹42.24

52w high / low₹116 / ₹42

P/E2.6xSector median 18.7x

P/B0.4xSector median 1.4x

Book value₹102.4

Dividend yield–Sector median 0.54%

ROE16.5%Sector median 5.5%

ROCE18.8%Sector median 6.5%

OPM60.0%Sector median 12.1%

Debt / equity0.06xSector median 0.36x

EV/EBITDA2.6xSector median 17.7x

Interest cover29.8x

Current ratio3.28x

Sales growth 3y+243.1%Sector median +16.6%

Profit growth 3y+414.4%Sector median +28.0%

PEG0.01x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹0 cr vs borrowings ₹8 cr (FY26): borrowings are higher by ₹8 cr.
Operating profit covered interest 29.8x in the last 12 months.
Net loss in 1 of the last 6 quarters.
Other income was 17% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹42.24 on 2026-10-26: -63.6% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹102.96 · low ₹22.72

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	-1	40	16	16	10	-0
EBITDA	-1	25	9	14	3	-1
OPM %	180.0%	61.0%	54.9%	87.5%	32.7%	576.9%
Other income	3	0	0	0	3	0
Net profit	1	18	7	10	5	-1
EPS (₹)	1.06	13.10	4.70	7.20	3.39	0.75
Revenue YoY					–	-100.3%
Profit YoY					+216.8%	-105.7%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	6	2	11	16	83	42
EBITDA	-1	-1	-2	8	51	25
Net profit	1	0	3	7	39	20
EPS (₹)	0.36	0.25	2.11	5.31	28.39	16.04
Revenue growth		-63.2%	+442.9%	+44.6%	+414.7%	–
Profit growth		-43.1%	+913.8%	+152.0%	+432.8%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+243.1%	–	–
Net profit	+414.4%	–	–
EPS	+384.3%	–	–
Share price	–	+0.7% (2y)	-36.4%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	103	142
Borrowings	8	8
Cash & equivalents	0	0
Total assets	176	215
Fixed assets	5	6
Capital work in progress	0	0
Investments	0	0
Receivables	30	68
Inventory	65	54
Payables	3	2

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	1	-1
Cash from investing	2	1
Cash from financing	-3	-0
Capex	1	2
Free cash flow	-0	-3

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	7.2%	27.7%
ROCE %	9.8%	35.7%
Debtor days	670	300
Inventory days	8,743	1,019
Payable days	346	40
Cash conversion cycle (days)	9,067	1,279
Working capital days	2,356	636

Peers in Residential, Commercial Projects

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
DLF	₹1,63,939 cr	35.9x	3.6x	10.3%	6.3%	14.8%	+12.9%	0.90%
LODHA	₹97,912 cr	23.7x	4.2x	19.0%	17.9%	32.2%	+20.8%	0.43%
PHOENIXLTD	₹67,737 cr	52.9x	6.2x	11.9%	15.4%	59.1%	+18.8%	0.13%
PRESTIGE	₹60,152 cr	52.8x	3.7x	7.2%	10.5%	28.1%	+15.1%	0.12%
OBEROIRLTY	₹57,522 cr	21.9x	3.0x	14.7%	16.9%	57.1%	+12.8%	0.51%
GODREJPROP	₹45,942 cr	28.7x	2.4x	8.8%	6.9%	-7.7%	+31.6%	–
BRIGADE	₹17,781 cr	25.6x	2.6x	11.2%	10.9%	27.0%	+18.3%	0.35%
ANANTRAJ	₹16,514 cr	27.8x	2.9x	11.6%	11.1%	27.0%	+37.9%	0.15%
SOBHA	₹12,247 cr	64.1x	2.6x	4.1%	6.5%	6.5%	+16.2%	0.26%
GARNET	₹59 cr	2.6x	0.4x	16.5%	18.8%	60.0%	+243.1%	–

All 141 companies in Residential, Commercial Projects →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Consumer Discretionary
Industry	Residential, Commercial Projects
Sub-industry	Residential, Commercial Projects
Symbol	GARNET
BSE code	526727
ISIN	INE797D01017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.