GIRIRAJ

Giriraj Civil Developers Limited

Listed company · ISIN INE614Z01017 · NSE SM · FV ₹10
Last price
₹51
+4.99%today
What this company does

Giriraj Civil Developers Limited is a listed company. It booked ₹168 cr of revenue in its latest half year (H2 FY26) and kept 5.0% of sales as profit.

60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 438–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet63

How much it owes, and whether earnings cover the interest

Cash quality23

Whether reported profit actually arrives as cash

Valuation85

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Makes a profit
✓ Promoters hold 55%
Watch-outs
! Thin 5.0% net margin
! 2.2% of promoter stake pledged

What if I invest in GIRIRAJ?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹51▲ +4.99%
latest close · 2026-11-04
1-year return
+43.7%
52-wk low ₹2152-wk high ₹129
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.1Low
LowAverageHigh
P/B ratio0.99Below book
Below bookModerateHigh
EV / EBITDA5.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.9%Fair
WeakFairStrong ▸15%
Return on capital16.1%Strong
WeakFairStrong
Net margin5.0%Decent
ThinDecentStrong
EBITDA margin7.7%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.18Comfortable
LowModerateHigh ▸1
Interest cover9.2×Strong
RiskyOkayStrong ▸5×
Current ratio2.22Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹121 cr
Book value
₹51
EPS
₹3.55
latest half year
Net debt
₹20 cr
owes more than its cash
Enterprise value
₹141 cr
EBITDA
₹26 cr
annualised
EBIT
₹26 cr
annualised
Operating margin
7.7%
Return on assets
6.8%
Earnings yield
14.06%
P/S
0.36
Sales / share
₹140.6
Tax rate
26.6%
Face value
₹10
Shares
2.4 cr
Working capital
₹109 cr
Current assets
₹199 cr
Current liabilities
₹90 cr
Delivery %
86.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹43–₹43, midpoint ₹43

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹168 cr
Other Income₹70 L
Total Income₹169 cr
Cost of Materials₹127 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹7 cr
Employee Benefit Expense₹4 cr
Finance Costs₹1 cr
Other Expenses₹17 cr
Total Expenses₹157 cr
Profit before Tax₹12 cr
Tax Expense₹3 cr
Net Profit₹8 cr
Net margin on total income5.0%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹134 cr79.4%
Employee benefit expense₹4 cr2.2%
Finance costs₹1 cr0.8%
Other expenses₹18 cr10.7%
Tax expense₹3 cr1.8%
Profit for the period₹8 cr5.0%
Total income ₹169 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue141 cr168 cr
Total income142 cr169 cr
Expenses133 cr157 cr
Profit before tax9 cr12 cr
Tax2 cr3 cr
Net profit (owners' share)7 cr8 cr
Net margin (owners' share, on revenue)4.7%5.0%
EPS (₹)2.763.55
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹251 cr
Shareholder equity
₹122 cr
parent shareholders
Total debt
₹22 cr
Cash
₹3 cr
Who owns it · 2026-09-30
⚑ 2.2% pledged
Promoter
55.0%
Public
45.0%
Promoter stake up 3.9% over the last 5 quarters.
Smart-money activity
Bulk / block deals
SoldCHIPS AND BYTES INDIA PRIVATE LIMITED · NSE8.75 L @ ₹754 Sep 26
BoughtAGARWAL FAMILY TRUST · NSE8.75 L @ ₹754 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To receive, consider, and adopt the standalone and consolidated financial statements of the Company for the year ended March 31, 2026, and the Reports of the Board of Directors and the Auditors’ thereon
Backed by 100% of shareholders other than promotersneeded 50%
15.56 L votes for, 0 against
2
To appoint a director in place of Mr. Prasham Nitin Shah (DIN: 09540340), Director, who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
15.56 L votes for, 0 against
3
To consider appointment of M/s. AIMV & Associates, Chartered Accountants, as Statutory Auditor of the Company and fix their remuneration
Backed by 100% of shareholders other than promotersneeded 50%
15.56 L votes for, 0 against
4
Related party transactions under section 188 of the Companies Act, 2013
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
15.56 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 49.4% between them · as of 2026-09-30
KRUSHANG MAHESH SHAH .41.44%
MAMTA MAHESH SHAH .4.02%
MAHESH KANTILAL SHAH .3.76%
RESHAL PRASHAM SHAH .0.21%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.