Goel Construction Reports Record Order Book of ₹1,153 Crores Despite Revenue Decline in H1 FY26
Goel Construction Company announced unaudited financial results for H1 FY2026, reporting a profit of ₹16.70 crores. Despite a 9.8% year-on-year decrease in revenue to ₹245.00 crores due to monsoon impacts, the company improved profitability with EBITDA margin rising to 10.0% and PAT margin to 6.8%. The order book expanded significantly to ₹1,153.00 crores, up from ₹438.00 crores in March 2025. New orders worth ₹324.00 crores were secured, including a ₹260.00 crore order from Adani Group. The company aims to execute works worth ₹1,200.00-1,500.00 crores over the next 18 months and expand into new sectors.

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Goel Construction Company has announced its unaudited financial results for the half-year ended September 30, 2025, reporting a profit of ₹16.70 crores. The company achieved a record order book of ₹1,153.00 crores, expanding significantly from ₹438.00 crores as of March 31, 2025.
Financial Performance
The company's financial results for H1 FY2026 show:
| Metric | H1 FY2026 |
|---|---|
| Revenue from Operations | ₹245.00 crores |
| EBITDA | ₹24.60 crores |
| PAT | ₹16.70 crores |
Revenue from operations decreased by 9.8% year-on-year to ₹245.00 crores, primarily due to execution impact from prolonged monsoons. However, the company showed improved profitability with the adjusted EBITDA margin rising 66 basis points to 10.0% and PAT margin improving 65 basis points to 6.8%.
Order Book and New Contracts
Goel Construction Company's order book expanded significantly to ₹1,153.00 crores as of September 30, 2025, up from ₹438.00 crores on March 31, 2025. The company received new orders worth ₹324.00 crores in the current financial year.
Key highlights include:
- Secured its largest single order of ₹260.00 crores from Adani Group
- Added Ambuja Cement as a new client
Future Outlook
Goel Construction Company aims to:
- Execute works worth ₹1,200.00-1,500.00 crores over the next 18 months
- Expand into structural and mechanical works
- Diversify its customer base into power and other industrial segments
Management Commentary
The company's management expects execution to gain momentum in the second half of FY 2026, supported by the record-high order book. They highlighted improved project execution efficiency and better cost control as factors contributing to the improved EBITDA and PAT margins.
Investors and stakeholders should note that while the company's performance shows resilience, future results may be subject to various factors including project execution timelines, market conditions, and broader economic trends.
Historical Stock Returns for Goel Construction Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.19% | -3.04% | -10.39% | -3.02% | -3.02% | -3.02% |





























