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    Garuda Cons

    Mumbai-based, asset-light EPC contractor delivering civil construction, MEP and O&M across India.

    Construction
    Industrials
    ₹170.16
    -1.57% from avg

    Overview

    Price

    ₹170.16

    Market Cap

    ₹1.6k Cr

    Sector

    Construction

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1112121237474747
    Reserves311297082285340408
    Borrowings311512000012
    Other Liabilities11295579410974186174
    Total Liabilities157133111176228406573641
    AssetsFixed Assets1122211170
    CWIP22222222
    Investments1240000510
    Other Assets142125107172225393519569
    Total Assets157133111176228406573641

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-1181312-7-11141
    Cash from Investing-612-1-23-50-44
    Cash from Financing17-18-5-1201629
    SummaryCapital Expenditure
    Free Cash Flow-17161212-7-11140
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    GARUDA · CAPITAL_INTENSIVE

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    Guides on how to read this kind of business and the numbers that matter.