Giriraj Civil share price & results
- Mar 2026
- Mar 2026
Mumbai-based civil construction contractor that executes infrastructure and building projects through joint-venture consortiums with other contracting firms.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 168 | −28.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | −1.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 8.0 | −46.7% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −3.9 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -1.77 | +1.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −82.1 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −84.4% 1Y
1Y: ₹248.7 on 24 Oct 2025 → ₹38.8. High ₹272.55 (31 Dec 2025), low ₹38.8 (27 Oct 2026).
- Previous close
- ₹39.05
- Market cap
- ₹145 Cr
- 52-week range
- ₹38.8 – ₹272.55
- One year
- −83.72%
- Price to earnings (FY ending Mar 2026)
- 9.67×
- Return on equity (FY ending Mar 2026)
- 10.83%
Overview
- Symbol
- NSE:GIRIRAJ
- Sector
- Construction
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Giriraj Civil does
Based on the company's own presentations, annual report and earnings calls.
Giriraj Civil Developers Limited is engaged in civil construction, undertaking projects both directly and through partnership arrangements with other contracting firms. Rather than operating subsidiaries, the company holds equity stakes ranging from 25% to 70% in seven active project joint ventures alongside partners such as Prime-Giriraj-KK, Dev Engineers-Giriraj, R.K. Madani & Giriraj and others, sharing execution and risk on individual contracts. The company has no subsidiary or associate company of its own.
Segments
- Civil construction / contracting
- Active project joint ventures
- 7
- Joint venture partners
- Prime-Giriraj-KK, Dev Engineers-Giriraj, R.K. Madani & Giriraj, MBPL-GCDL, GCDL-SMBIPL, Giriraj GSEPL Consortium, Giriraj-KK
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 4 fiscal years held (Mar 2023 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −47% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2022 | Mar 2023 | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 84 | 42 | 93 | 80 | 234 | 141 | 168 |
| Expenses | 30 | 79 | 38 | 82 | 76 | 213 | 130 | 155 |
| Operating profit | 3 | 5 | 4 | 11 | 4 | 21 | 11 | 13 |
| Operating margin | 9.0% | 6.0% | 8.0% | 12.0% | 6.0% | 9.0% | 8.0% | 8.0% |
| Other income | 0 | 1 | 1 | 2 | 1 | 3 | 1 | 1 |
| Interest | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 4 | 2 | 11 | 4 | 21 | 9 | 12 |
| Tax rate | 23.0% | 30.0% | 20.0% | 24.0% | 26.0% | 28.0% | 26.0% | 27.0% |
| Net profit | 2 | 3 | 2 | 9 | 3 | 15 | 7 | 8 |
| EPS (₹ per share) | 1.01 | 1.50 | 0.79 | 3.56 | 1.22 | 6.26 | 2.76 | 3.55 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 4 | 24 | 24 | 24 | 24 |
| Reserves | 31 | 56 | 89 | 107 | 114 | 122 |
| Borrowings | 18 | 22 | 10 | 25 | 10 | 22 |
| Other liabilities | 32 | 35 | 55 | 148 | 113 | 82 |
| Total liabilities | 84 | 117 | 178 | 304 | 260 | 251 |
| Fixed assets | 1 | 9 | 10 | 12 | 12 | 11 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 23 | 0 | 0 | 0 | 6 | 0 |
| Other assets | 61 | 108 | 169 | 292 | 243 | 240 |
| Total assets | 84 | 117 | 178 | 304 | 260 | 251 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 29 | -5 | 1 | -39 | -5 | -5 |
| Cash from investing | -24 | 4 | -8 | 0 | 0 | 1 |
| Cash from financing | -4 | 2 | 23 | 30 | 11 | -8 |
| Net cash flow | 1 | 0 | 17 | -10 | 6 | -11 |
| Free cash flow | 29 | -6 | -7 | -42 | -9 | -5 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 99 | 43 | 47 | 77 | 77 | 101 |
| Inventory days | 126 | 130 | 144 | 137 | 115 | 102 |
| Days payable | 186 | 108 | 104 | 125 | 85 | 106 |
| Cash conversion cycle | 39 | 65 | 87 | 89 | 107 | 97 |
| Working capital days | -12 | 12 | 61 | 105 | 107 | 126 |
| Return on capital employed | 13.0% | 14.0% | — | 16.0% | 20.0% | 15.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 54.96% as of Mar 2026.
- Promoters 54.96%
- Public 45.04%
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +3.86 pp 41.44% held
- newly disclosed 2.11% held
- +1.75 pp 5.51% held
The same filing shows 3 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Giriraj Civil above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| 41.44% | +3.86 pp | |
| 16.72% | unchanged | |
| 6.89% | unchanged | |
| 5.51% | +1.75 pp | |
| 4.02% | unchanged | |
| 3.76% | −1.75 pp | |
| 3.66% | unchanged | |
| 2.11% | newly disclosed | |
| 1.93% | unchanged | |
| 1.83% | unchanged | |
| 1.75% | −0.71 pp | |
| 1.63% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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