Latest news about Garuda Construction & Engineering
Garuda Construction & Engineering
171.04
+1.43(+0.84%)
Company Performance:
View Company Insights1D+0.84%
1M+0.60%
6M-23.83%
1Y+63.36%
5Y+60.81%
More news about Garuda Construction & Engineering
02Apr 26
Garuda Construction Receives IVR BBB+/Stable Credit Rating for Rs. 75.00 Crore Bank Facilities
Infomerics Valuation and Rating Private Limited assigned IVR BBB+/Stable and IVR A2 credit ratings to Garuda Construction & Engineering Limited's Rs. 75.00 crore bank facilities. The ratings are supported by a strong order book of Rs. 4,336.72 crore as of December 31, 2025, healthy EBITDA margins of 29.53% in FY25, and robust capital structure following a Rs. 173.85 crore equity raise. The company reported revenue growth to Rs. 225.03 crore in FY25 from Rs. 154.18 crore in FY24, while maintaining negligible debt levels with overall gearing at 0.00.
12Feb 26
Garuda Construction & Engineering Announces Q3 FY26 Results with Strong Growth
Garuda Construction & Engineering Limited reported exceptional Q3 FY26 financial performance with standalone revenue reaching ₹14,005.41 lakhs and net profit of ₹3,297.00 lakhs, marking significant year-over-year growth. The Board of Directors approved both standalone and consolidated results in compliance with SEBI regulations, with the company maintaining strong operational efficiency across its construction business segment.
01Dec 25
Garuda Construction & Engineering Holds EGM to Approve ₹500 Crore QIP Fundraising
Garuda Construction & Engineering Limited held an Extraordinary General Meeting (EGM) on December 1, 2025, to seek approval for raising up to ₹500 crores through a Qualified Institutional Placement (QIP). The company also proposed increasing its authorized share capital from ₹50 crores to ₹80 crores, creating an additional 6 crore equity shares. Approval for related party transactions was also sought. The voting results are expected within two working days of the EGM. These proposals follow a board meeting on November 7, 2025, where a QIP Committee was formed to handle the fundraising process.
20Nov 25
Garuda Construction Appoints Shanti Lal Gaggar as COO, Reports Strong Financial Performance
Garuda Construction & Engineering has appointed Mr. Shanti Lal Gaggar as its new Chief Operating Officer (COO) and Key Managerial Personnel, effective November 20, 2025. The company reported revenue of ₹241.61 crores and net profit of ₹55.15 crores for the first half of the fiscal year. With a current order book of ₹4,876.78 crores, the company is positioned for continued growth. Garuda is actively improving its operational bandwidth and bidding for new projects to support its expansion plans.
05Nov 25
Garuda Construction Secures ₹1,416 Crore EPC Contract for Mumbai's 'Powai Heights' Project
Garuda Construction and Engineering Limited (GCEL) has won a ₹1,416 crore EPC contract from Sumer Corporation for 'Powai Heights', a luxury residential project in Mumbai. The project involves constructing three high-end residential towers in Chandivali, Taluka Ghatkopar, over 60 months. This contract boosts GCEL's total order book to approximately ₹4,876.78 crore, strengthening its position in the construction sector.
03Nov 25
Garuda Construction & Engineering Limited to Consider Share Capital Increase and Fund Raising in Upcoming Board Meeting
Garuda Construction & Engineering Limited has announced a board meeting on November 7, 2025, to discuss increasing authorized share capital, exploring fund-raising options, and calling an Extraordinary General Meeting (EGM). The fund-raising methods under consideration include equity shares, convertible securities, public and rights issues, ADRs/GDRs/FCCBs, debt issues, preferential allotment, private placement, and Qualified Institutional Placement. These initiatives aim to strengthen the company's financial position and support future growth strategies. The proposals require board approval and subsequent shareholder approval at the planned EGM.
28Oct 25
Garuda Construction Reports Strong H1 FY26 Performance, Matches Full FY25 Revenue
Garuda Construction & Engineering Limited has reported impressive financial results for H1 FY26, with revenue of Rs 241.60 crores matching its entire FY25 figures. The company achieved a Profit After Tax of Rs 55.10 crores with a PAT margin of 22.80%. Garuda maintains a robust order book of Rs 3,461.00 crores, providing three-year visibility. Despite challenging monsoon conditions, the company secured fresh orders worth Rs 353.00 crores. Garuda's focus on high-margin projects, debt-free status, and geographical diversification across multiple states contribute to its strong market position.
27Oct 25
Garuda Construction Reports Robust Q2 Performance with 165% Surge in Net Profit
Garuda Construction & Engineering Limited (GCEL) announced impressive Q2 FY2026 results. Net profit jumped 165% to ₹271.00 crore, while EBITDA increased 157% to ₹344.00 crore. Total income rose to ₹11,843.55 crore, with revenue from operations at ₹11,649.16 crore. The company's EBITDA margin improved to 29.55%. GCEL reported total assets of ₹57,413.67 crore and an equity base of ₹38,744.49 crore, indicating a strong financial position.
23Oct 25
Garuda Construction Secures Rs. 231 Crore Mumbai Project, Boosts Order Book to Rs. 3,461 Crores
Garuda Construction & Engineering has won a Rs. 231 crore contract for a rehabilitation building project in Chandivali, Mumbai. The project involves constructing approximately 6.17 lakh square feet of built-up area with a 3-year completion timeline. This addition has increased the company's total order book to Rs. 3,460.78 crores. The company has officially informed stock exchanges about this development in compliance with SEBI regulations.
08Oct 25
Garuda Construction Secures ₹143.96 Crore Order for Mumbai Redevelopment Project
Garuda Construction & Engineering Limited has won a ₹143.96 crore contract from Orbit Ventures Developers for civil works on the 'Shikhar-B' redevelopment project in Oshiwara, Mumbai. The contract, set to last 36 months, boosts Garuda's total order book to approximately ₹3,229.78 crore. The project involves an EPC agreement with payment terms including allotment of earmarked flats. This win showcases Garuda's strong position in Mumbai's competitive real estate market and its ability to secure significant projects.
18Jul 25
Garuda Construction Reports Robust Q1 Performance with 257% Revenue Growth
Garuda Construction & Engineering Limited announced impressive Q1 financial results. Revenue surged to ₹1,251.65 crore, a 257% year-over-year increase. EBITDA grew by 211% to ₹364.00 crore, while net profit jumped 226% to ₹280.00 crore. The company, listed on BSE and NSE, operates primarily in the construction sector with its registered office in Mumbai.
Industry Peers
Larsen & Toubro
Rail Vikas Nigam
NBCC
IRB Infrastructure Developers
Kalpataru Projects International
Cemindia Projects
KEC International
Engineers India
Techno Electric & Engineering
Ircon International
3,940.40
(+0.63%)
287.20
(+0.77%)
95.49
(+0.64%)
20.39
(-0.24%)
1,226.60
(-0.20%)
926.75
(+4.44%)
555.85
(+0.69%)
254.05
(+5.59%)
1,222.20
(+1.50%)
145.64
(-0.01%)
Get More Market Insights with
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
