Garnet Construct

Has Garnet Construct declared dividend?

No Dividend History Available

What is the technical trend for Garnet Construct?

As of May 12, 2025, Garnet Construct's technical trend is mildly bearish, influenced by mixed signals from MACD and moving averages, with weekly indicators showing a mildly bullish stance while monthly indicators lean bearish.

As of 12 May 2025, the technical trend for Garnet Construct has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The RSI is bearish on the weekly timeframe, with no signal on the monthly. Bollinger Bands are bullish weekly but mildly bearish monthly. Daily moving averages are mildly bearish, and KST reflects a mildly bullish trend weekly and mildly bearish monthly. Dow Theory supports a mildly bullish outlook on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages.

Who are the peers of the Garnet Construct?

Garnet Construct's peers include Golden Tobacco, Simplex Realty, Citadel Realty, Grovy India, Country Condo, Modipon, Tirupati Sarjan, Tatia Global, Prime Urban, and Martin Burn. Citadel Realty leads in 1-year returns at 104.73%, while Garnet Construct has a return of 39.56%.

Peers: The peers of Garnet Construct are Golden Tobacco, Simplex Realty, Citadel Realty, Grovy India, Country Condo, Modipon, Tirupati Sarjan, Tatia Global, Prime Urban, and Martin Burn.<BR><BR>Quality Snapshot: Excellent capital structure is observed at Grovy India, while Average management risk is found at Citadel Realty and Garnet Construct. Below Average management risk is noted at Simplex Realty, Country Condo, Tirupati Sarjan, Tatia Global, and Martin Burn, and the rest. Below Average growth is seen at Simplex Realty, Citadel Realty, Country Condo, Garnet Construct, Tirupati Sarjan, and Martin Burn, while Good growth is noted at Tatia Global, and the rest.<BR><BR>Return Snapshot: Citadel Realty has the highest 1-year return at 104.73%, while Modipon has the lowest at -51.96%. Garnet Construct's 1-year return of 39.56% is significantly higher than Modipon's but lower than Citadel Realty's. Additionally, Modipon and Tirupati Sarjan are among the peers with negative six-month returns.

Who are in the management team of Garnet Construct?

As of March 2022, the management team of Garnet Construct includes Kishan Kumar Kedia (Chairman & Managing Director), Arun Kedia (Director of Marketing), Sanjay Kumar Kedia (Director of Finance), and three Independent Directors: Shriromani Chauhan, Jitendra Jadhav, and Sirya Vakil Siddiqui, along with Neha Verma as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Garnet Construct includes the following individuals:<BR><BR>1. Kishan Kumar Kedia - Chairman & Managing Director<BR>2. Arun Kedia - Director (Marketing)<BR>3. Sanjay Kumar Kedia - Director (Finance)<BR>4. Shriromani Chauhan - Independent Director<BR>5. Jitendra Jadhav - Independent Director<BR>6. Sirya Vakil Siddiqui - Independent Director<BR>7. Neha Verma - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Garnet Construct do?

Garnet Construction Ltd is a micro-cap realty company based in Mumbai, incorporated in 1992, with recent net sales of -8 Cr and a net profit of 15 Cr as of March 2025. It has a market cap of INR 51 Cr and key metrics include a P/E of 7.00 and a debt-equity ratio of 0.06.

Overview: <BR>Garnet Construction Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Garnet Construction Limited was incorporated on October 15, 1992, in Mumbai as a Public Limited Company and was subsequently listed on the National Stock Exchange and Bombay Stock Exchange on December 15, 1994. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: -8 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 15 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 51 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.06 <BR>Return on Equity: 7.27% <BR>Price to Book: 0.52 <BR><BR>Contact Details: <BR>Address: 501/531 Laxmi Mall New Link Rd, Laxmi Indl Estate Andheri (W) Mumbai Maharashtra : 400053 <BR>Tel: 91-22-42578500 <BR>Email: garnet@garnetconstructions.com <BR>Website: http://www.garnetconstructions.com

Who are the top shareholders of the Garnet Construct?

The top shareholders of Garnet Construct include Kishan Kumar J Kedia, who holds 29.37%, and Garnet Capital Finance Ltd, the largest public shareholder at 2.98%. Individual investors collectively own 31.66%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Garnet Construct include the promoters, who hold the majority of the shares. The promoter with the highest holding is Kishan Kumar J Kedia, owning 29.37% of the company. Additionally, Garnet Capital Finance Ltd is the highest public shareholder, holding 2.98%. Individual investors collectively hold 31.66% of the shares. Notably, there are no mutual funds or foreign institutional investors (FIIs) involved in the shareholding.

How big is Garnet Construct?

As of 24th July, Garnet Construction Ltd has a market capitalization of 52.00 Cr, with recent Net Sales of 44.88 Cr and a Net Profit of 19.10 Cr. Shareholder's Funds are 72.24 Cr and Total Assets amount to 189.63 Cr as of March 2019.

As of 24th July, Garnet Construction Ltd has a market capitalization of 52.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Garnet Construction reported Net Sales of 44.88 Cr and a Net Profit of 19.10 Cr.<BR><BR>The latest annual period for the balance sheet is March 2019, with Shareholder's Funds amounting to 72.24 Cr and Total Assets of 189.63 Cr.

Are Garnet Construct latest results good or bad?

Garnet Construction's latest results are very positive, with a Profit Before Tax of Rs 24.37 crore, up 1386% from the previous average, and a Profit After Tax of Rs 18.21 crore, reflecting an 883% increase. The company also reported significant growth in net sales and operating profit, indicating strong overall performance.

Garnet Construction's latest results are very positive. For the quarter ending June 2025, the company reported a Profit Before Tax (PBT) of Rs 24.37 crore, which is an astonishing increase of 1386% compared to the average PBT of Rs 1.64 crore from the previous four quarters. Additionally, the Profit After Tax (PAT) rose to Rs 18.21 crore, reflecting an 883% growth from the average PAT of Rs 1.85 crore in the prior four quarters.<BR><BR>The company's net sales for the latest six months reached Rs 39.64 crore, marking a year-on-year increase of 79.85%, significantly surpassing the previous twelve-month sales of Rs 23.70 crore. Furthermore, Garnet Construction achieved its highest operating profit in the last five quarters at Rs 24.63 crore, and the Earnings per Share (EPS) peaked at Rs 13.10.<BR><BR>Overall, these results indicate a strong upward trend in Garnet Construction's operational performance, showcasing substantial growth across key financial metrics.

How has been the historical performance of Garnet Construct?

Garnet Construct has experienced significant declines in net sales, operating income, and profits from March 2016 to March 2019, with net sales dropping from 46.26 Cr to 7.30 Cr and operating profit decreasing from 6.26 Cr to 2.05 Cr. Additionally, cash flow from operating activities turned negative in March 2019, indicating operational challenges.

Answer:<BR>The historical performance of Garnet Construct shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Garnet Construct's net sales peaked at 46.26 Cr in March 2016 but have since declined to 7.30 Cr by March 2019. The total operating income followed a similar trend, decreasing from 46.26 Cr in March 2016 to 7.30 Cr in March 2019. Operating profit (PBDIT) also saw a decline from 6.26 Cr in March 2016 to 2.05 Cr in March 2019, with the operating profit margin dropping from 12.49% to 16.99% during the same period. Profit before tax decreased from 2.89 Cr in March 2016 to 1.15 Cr in March 2019, while profit after tax fell from 2.14 Cr to 0.80 Cr. The company's total liabilities decreased from 212.86 Cr in March 2015 to 189.63 Cr in March 2019, and total assets also saw a decline from 196.87 Cr to 189.63 Cr. Cash flow from operating activities turned negative in March 2019, recording -5.00 Cr, contrasting with positive cash flows in previous years. Overall, Garnet Construct has experienced a downward trend in sales, profits, and cash flow, indicating challenges in its operational performance.

Is Garnet Construct overvalued or undervalued?

As of November 17, 2025, Garnet Construct is considered an attractive investment due to its strong financial ratios indicating undervaluation, including a PE ratio of 3.98 and an impressive year-to-date return of 97.83%, significantly outperforming its peers and the market.

As of 17 November 2025, Garnet Construct's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued based on its strong financial ratios, including a PE ratio of 3.98, an EV to EBIT of 3.50, and a PEG ratio of 0.02. These figures suggest that Garnet Construct is trading at a significant discount compared to its earnings potential.<BR><BR>In comparison to its peers, Garnet Construct stands out with a much lower PE ratio than DLF, which has a PE of 43.02, and Lodha Developers at 36.61. Additionally, its EV to EBITDA ratio of 3.46 is considerably more favorable than the industry average, further supporting the undervaluation thesis. The company's recent stock performance has also been impressive, with a year-to-date return of 97.83%, significantly outpacing the Sensex's return of 8.72%, reinforcing the notion that Garnet Construct is a compelling investment opportunity.

When is the next results date for Garnet Construction Ltd?

The next results date for Garnet Construction Ltd is 14 February 2026.

The next results date for Garnet Construction Ltd is scheduled for 14 February 2026.

Should I buy, sell or hold Garnet Construction Ltd?

Why is Garnet Construction Ltd falling/rising?

As of 17-Mar, Garnet Construction Ltd's stock price is rising to 87.00, reflecting a 0.66% increase after a trend reversal from four days of decline. Despite underperforming its sector today, the stock has a significant year-to-date gain of 27.51%, and increased investor participation indicates growing interest.

As of 17-Mar, Garnet Construction Ltd's stock price is rising, currently at 87.00, reflecting a change of 0.57 (0.66%) upward. This increase comes after a trend reversal, as the stock has gained following four consecutive days of decline. Despite having underperformed its sector by 1.31% today, the stock's performance is notable given its significant year-to-date gain of 27.51% compared to the Sensex's decline of 10.74%. <BR><BR>Additionally, there has been a rise in investor participation, with delivery volume increasing by 69.57% against the 5-day average, indicating growing interest in the stock. The current price is higher than the 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day and 20-day moving averages. This suggests that while there may be short-term volatility, the overall trend remains positive in the longer term.

Why is Garnet Construction Ltd falling/rising?

As of 18-Mar, Garnet Construction Ltd's stock price is rising to Rs 90.50, up 4.53%, driven by strong investor interest and a positive trend in the construction sector. The stock has shown significant gains over the past two days and has outperformed its sector, reflecting heightened confidence among investors.

As of 18-Mar, Garnet Construction Ltd's stock price is rising, currently at Rs 90.50, reflecting an increase of Rs 3.92 or 4.53%. This upward movement is supported by several factors. The stock has outperformed its sector by 1.65% today and has experienced consecutive gains over the last two days, accumulating a total return of 4.71% during this period. <BR><BR>Additionally, the stock reached an intraday high of Rs 90.50, indicating strong buying interest. Notably, there has been a significant increase in investor participation, with delivery volume rising by 86.45% compared to the five-day average, suggesting heightened interest and confidence among investors. <BR><BR>Moreover, the construction and real estate sector has also seen a gain of 2.91%, which may contribute positively to the stock's performance. While the stock has shown some volatility, touching a low of Rs 82.6 earlier in the day, the overall trend remains positive, particularly in the context of its strong year-to-date performance of +32.64% and a remarkable one-year increase of +270.29%.

Why is Garnet Construction Ltd falling/rising?

As of 19-Mar, Garnet Construction Ltd's stock price is rising to Rs 91.78, reflecting a 2.64% increase and a significant year-to-date rise of 34.52%. Despite some volatility and a drop in investor participation, the stock shows strong long-term performance and is trading above key moving averages, indicating a positive trend.

As of 19-Mar, Garnet Construction Ltd's stock price is rising, currently at Rs 91.78, reflecting a change of Rs 2.36 or 2.64% increase. This upward movement is supported by the stock's performance over the last three days, during which it has gained 6.19%. Additionally, it has outperformed its sector by 6.1% today, indicating strong relative strength despite a broader decline in the construction and real estate sector, which has fallen by 3.43%.<BR><BR>The stock's current price also represents a significant year-to-date increase of 34.52% and an impressive 274.46% rise over the past year, showcasing its strong long-term performance. However, it is important to note that the stock has experienced volatility, with an intraday low of Rs 85.2, which reflects a decline of 4.72%. Despite this, the overall trend remains positive, as the stock is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish sentiment in the short to medium term.<BR><BR>Moreover, while there has been a decline in investor participation, with delivery volume dropping by 58.5% against the 5-day average, the stock's liquidity remains sufficient for trading. Overall, the combination of recent gains, strong historical performance, and relative outperformance against the sector contributes to the current rise in Garnet Construction Ltd's stock price.

Why is Garnet Construction Ltd falling/rising?

As of 20-Mar, Garnet Construction Ltd's stock price is falling, currently at 88.00, reflecting a recent downward trend with a 14.53% decline over the past month. Despite strong year-to-date and annual gains, reduced investor participation and underperformance compared to benchmarks are contributing to its current price drop.

As of 20-Mar, Garnet Construction Ltd's stock price is falling, currently at 88.00, which reflects a decrease of 0.43 or 0.49%. The stock has been on a downward trend, having lost 1.59% over the last two days. Additionally, its performance over the past week shows a decline of 2.72%, which is significantly worse than the Sensex's slight decrease of 0.04%. <BR><BR>In terms of longer-term performance, while the stock has shown impressive gains year-to-date (+28.98%) and over the past year (+266.67%), its recent performance indicates a troubling trend. The stock has also underperformed in the last month, with a drop of 14.53%, compared to a 10.00% decline in the Sensex. <BR><BR>Investor participation appears to be decreasing, as evidenced by a 31% drop in delivery volume compared to the 5-day average. This decline in trading activity may contribute to the stock's falling price. Furthermore, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a short-term weakness in price momentum. <BR><BR>Overall, the combination of recent price declines, reduced investor participation, and underperformance relative to the benchmark indices are contributing factors to the falling stock price of Garnet Construction Ltd.

Why is Garnet Construction Ltd falling/rising?

As of 23-Mar, Garnet Construction Ltd's stock price is declining, currently at 83.60, reflecting a 4.99% drop. This trend is marked by consecutive losses, reduced investor participation, and underperformance compared to its sector.

As of 23-Mar, Garnet Construction Ltd's stock price is falling, currently at 83.60, which reflects a decrease of 4.39 or 4.99%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 6.51% during this period. Additionally, the stock has underperformed its sector by 0.52% today, and the construction and real estate sector overall has seen a decline of 4.45%.<BR><BR>The stock's performance over the past week shows a decrease of 3.27%, which is slightly better than the Sensex's decline of 3.72%. However, over the past month, Garnet Construction Ltd has experienced a significant drop of 14.54%, compared to a 12.72% decline in the Sensex. <BR><BR>Investor participation appears to be waning, as evidenced by a notable drop in delivery volume, which fell by 44.98% against the five-day average. This decrease in trading activity suggests a lack of confidence among investors. Furthermore, while the stock's price is above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages, indicating a short-term bearish trend.<BR><BR>Overall, the combination of consecutive price declines, underperformance relative to the sector, reduced investor participation, and a negative sentiment in the construction sector contributes to the falling stock price of Garnet Construction Ltd.

Why is Garnet Construction Ltd falling/rising?

As of 24-Mar, Garnet Construction Ltd's stock price is currently at 83.50, reflecting a recent downward trend with a total decline of -6.62% over the last four days. Despite significant year-to-date gains, the stock is experiencing short-term weakness and downward pressure.

As of 24-Mar, Garnet Construction Ltd's stock price is falling, currently at 83.50, which reflects a change of -0.1 (-0.12%). The stock has been on a downward trend, having underperformed its sector by -1.86% today and experiencing consecutive losses for the last four days, resulting in a total decline of -6.62% during this period. <BR><BR>In terms of performance over various time frames, the stock has shown significant gains year-to-date (+22.38%) and over the past year (+257.45%), but it has struggled recently, with a 1-week decline of -3.56% and a 1-month decline of -10.15%. Although the stock's current price is higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages, indicating a short-term weakness.<BR><BR>Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 109.94% against the 5-day average, suggesting some interest in the stock. However, the overall trend indicates that Garnet Construction Ltd is currently facing downward pressure in its stock price.

Why is Garnet Construction Ltd falling/rising?

As of 25-Mar, Garnet Construction Ltd's stock price is rising to 84.00, reflecting a 2.75% increase after a trend reversal. Despite recent gains, the stock has declined over the past week and month, but shows strong year-to-date and annual performance, influenced by sector trends and a reversal from declines, though investor participation has decreased.

As of 25-Mar, Garnet Construction Ltd's stock price is rising, currently at 84.00, which reflects an increase of 2.25 or 2.75%. This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Today, the stock reached an intraday high of Rs 84.75, indicating positive momentum. <BR><BR>Despite the recent gains, the stock has experienced a decline over the past week and month, with losses of 6.06% and 4.86%, respectively. However, it has shown strong performance year-to-date with a gain of 23.11% and an impressive 255.93% increase over the past year. The construction sector, in which Garnet operates, has also seen a rise of 2.66%, contributing to the stock's positive performance today.<BR><BR>It is important to note that while the stock is currently rising, there has been a decrease in investor participation, with delivery volume falling by 27% compared to the five-day average. Additionally, the stock's weighted average price indicates that more volume was traded closer to the low price of Rs 78.5, suggesting some caution among investors. Overall, the stock's rise today appears to be influenced by a combination of sector performance and a reversal from recent declines, despite some underlying concerns regarding trading volume and investor participation.

Which are the latest news on Garnet Construct?