Garnet Construct

Why is Garnet Construction Ltd falling/rising?

As of 03-Sep, Garnet Construction Ltd's stock price is rising to 54.76, reflecting a 6.52% increase. This rise, despite a 17.18% decline over the past month, suggests a positive shift in sentiment, although trading activity is low with a 69.19% drop in delivery volume.

As of 03-Sep, Garnet Construction Ltd's stock price is rising, currently at 54.76, reflecting a change of 3.35 or 6.52% increase. This upward movement is notable as the stock has outperformed its sector by 4.55% today. Additionally, the stock reached an intraday high of Rs 55.9, which represents an increase of 8.73%. <BR><BR>Despite a significant decline in the stock's performance over the past month, where it fell by 17.18%, the current rise indicates a positive shift in investor sentiment or market conditions. However, it is important to note that there has been a decrease in investor participation, with delivery volume dropping by 69.19% against the 5-day average, suggesting that while the price is rising, the overall trading activity may not be robust. <BR><BR>Overall, the stock's current rise can be attributed to today's performance metrics, which show a significant increase compared to the previous day's performance, despite the longer-term trends indicating volatility and declines in other periods.

Which are the latest news on Garnet Construct?

Who are in the management team of Garnet Construct?

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 (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

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 focused on self-funded property development, incorporated in 1992 and listed on Indian stock exchanges. As of June 2026, it reported net sales of 0 Cr and a net profit of -1 Cr, with a market cap of INR 73 Cr.

Overview:<BR>Garnet Construction Ltd is a micro-cap company operating in the realty industry, focusing on self-funded property development.<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 June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 73 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.06 <BR>Return on Equity: 14.20% <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 peers of the Garnet Construct?

Garnet Construct's peers include Shervani Indl Sy, Victoria Mills, Mega Nirman, Landmark Prop., Radhe Develop., H D I L, Parsvnath Devl., Shristi Infra, and Vivid Mercantile. Victoria Mills shows the best management and growth quality, while Garnet Construct has an average growth rate and excellent capital structure, with a 1-year return of 15.33%.

Peers: The peers of Garnet Construct are Shervani Indl Sy, Victoria Mills, Mega Nirman, Landmark Prop., Radhe Develop., H D I L, Parsvnath Devl., Shristi Infra, and Vivid Mercantile.<BR><BR>Quality Snapshot: Excellent management risk is observed at Victoria Mills and Vivid Mercantile, while Average management risk is found at Shervani Indl Sy and H D I L. Below Average management risk is noted at Mega Nirman, Landmark Prop., Radhe Develop., Garnet Construct, Parsvnath Devl., Shristi Infra, and the rest. Growth is Excellent at Victoria Mills and Landmark Prop., Good at Mega Nirman, Average at Radhe Develop. and Garnet Construct, and Below Average at Shervani Indl Sy, H D I L, Parsvnath Devl., Shristi Infra, and the rest. Capital Structure is Excellent at Garnet Construct, Good at Shervani Indl Sy and Victoria Mills, Below Average at Landmark Prop., Radhe Develop., H D I L, Parsvnath Devl., Shristi Infra, and the rest.<BR><BR>Return Snapshot: Victoria Mills has the highest 1-year return at 39.36%, while Parsvnath Devl. has the lowest at -90.11%. Garnet Construct's 1-year return of 15.33% is significantly higher than that of Parsvnath Devl. Negative six-month returns are noted for Shervani Indl Sy, Mega Nirman, H D I L, Parsvnath Devl., and Shristi Infra.

How big is Garnet Construct?

As of 31st August, Garnet Construction Ltd has a market capitalization of 73.00 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 31st August, Garnet Construction Ltd has a market capitalization of 73.00 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.

Should I buy, sell or hold Garnet Construction Ltd?

When is the next results date for Garnet Construction Ltd?

The next results date for Garnet Construction Ltd is 30 May 2026.

The next results date for Garnet Construction Ltd is scheduled for 30 May 2026.

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.

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.

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.

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.

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.

Has Garnet Construct declared dividend?

No Dividend History Available