Garnet Construct

Why is Garnet Construction Ltd falling/rising?

As of 10-Aug, Garnet Construction Ltd's stock price is at 66.01, reflecting a decline and underperformance compared to its sector. The stock is trading below its moving averages, indicating a bearish trend, and has seen decreased investor participation, contributing to its recent price drop.

As of 10-Aug, Garnet Construction Ltd's stock price is falling, currently at 66.01, which reflects a decrease of 0.24 or 0.36%. This decline is evident as the stock has underperformed its sector by 1.65% today and has experienced a trend reversal after two consecutive days of gains. Additionally, the stock is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 30.29% compared to the 5-day average, suggesting reduced interest in trading the stock. Over the past month, the stock has declined by 4.88%, contrasting with a positive return of 1.25% for the Sensex during the same period. Despite a strong performance over the longer term, with an increase of 80.60% over the past year and 364.53% over three years, the recent short-term trends and declining investor engagement are contributing to the current fall in stock price.

Which are the latest news on Garnet Construct?

Should I buy, sell or hold Garnet Construction Ltd?

What does Garnet Construct do?

Garnet Construction Ltd is a micro-cap realty company focused on self-funded project development, with a market cap of INR 106 Cr and reported net sales of 10 Cr and net profit of 5 Cr for March 2026. It was incorporated in 1992 and is listed on the National and Bombay Stock Exchanges.

Overview: <BR>Garnet Construction Ltd is a micro-cap company operating in the realty industry, focusing on self-funded project development.<BR><BR>History: <BR>Garnet Construction Ltd was incorporated on October 15, 1992, in Mumbai as a Public Limited Company and was listed on the National Stock Exchange and Bombay Stock Exchange on December 15, 1994. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 10 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 106 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 3.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.06 <BR>Return on Equity: 27.73% <BR>Price to Book: 0.77 <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

How big is Garnet Construct?

As of 10th June, Garnet Construction Ltd has a market capitalization of 106.00 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 are valued at 189.63 Cr.

As of 10th June, Garnet Construction Ltd has a market capitalization of 106.00 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 valued at 189.63 Cr.

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 as Company Secretary & Compliance Officer.

The management team of Garnet Construct includes the following members:<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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Garnet Construct?

Garnet Construct's peers include Raja Bahadur Int, Shri Krishna, Mega Nirman, Virya Resources, Shantidoot Infra, Standard Inds., Thakkers Developments, V R Infraspace, and Art Nirman Ltd. Notably, Garnet Construct has a 1-year return of 158.77%, with Mega Nirman showing the highest return at 62.00% and Thakkers Developments the lowest at -34.85%.

Peers: The peers of Garnet Construct are Raja Bahadur Int, Shri Krishna, Mega Nirman, Virya Resources, Shantidoot Infra, Standard Inds., Thakkers Develp., V R Infraspace, and Art Nirman Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shantidoot Infra, while Average management risk is found at Standard Inds. and V R Infraspace. Below Average management risk is noted for Raja Bahadur Int, Shri Krishna, Mega Nirman, Virya Resources, Garnet Construct, Thakkers Develp., and Art Nirman Ltd. Growth is Excellent at V R Infraspace, Good at Shantidoot Infra and Mega Nirman, Average at Mega Nirman, and Below Average at the rest. Capital Structure is Excellent at Mega Nirman, Garnet Construct, Standard Inds., and Thakkers Develp., Good at Shantidoot Infra and Art Nirman Ltd, and Below Average at Raja Bahadur Int, Shri Krishna, and Virya Resources.<BR><BR>Return Snapshot: Mega Nirman has the highest 1-year return at 62.00%, while Thakkers Develp. has the lowest at -34.85%. Garnet Construct's 1-year return of 158.77% is significantly higher than both. Additionally, peers with negative six-month returns include Standard Inds., Thakkers Develp., and Bhudevi Infra.

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