Garuda Cons (GARUDA)
FairStock Score: 59/100 — STEADY
Score breakdown: P/E: 2/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹183.04 |
| Market Cap | ₹1,703.04 Cr |
| P/E Ratio | 12.52 |
| ROCE | 30.09% |
| ROE | 76.99% |
| Dividend Yield | 0.03% |
| Profit Growth | 48.5% |
| Debt/Equity | 0.03 |
| Sales Growth | 40.1% |
| Promoter Holding | 67.56% |
| 52-Week Range | ₹130 — ₹249.3 |
| Sector | Construction |
| Book Value | ₹48.99 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Let me look at Garuda Cons with a skeptical, value-first lens. A civil construction company reporting 125% sales growth and 156% profit growth is exciting, but excitement is not my business. Price is ₹174.15, market cap ₹1,653 Cr, and P/E is 15.57. At first glance, that is not expensive for a company growing this fast; the PEG of 0.11 suggests the market is pricing in very little risk. But Graham would ask: what am I actually buying? Book value is only ₹15.04, so I am paying 11.58 times book for a very thin equity base. The 76.99% ROE looks spectacular, but a high ROE with a small book value can evaporate quickly if the company stumbles or needs to raise capital. No debt is a genuine positive in a cyclical industry, and a Piotroski score of 7/9 suggests decent financial health. Yet civil construction is a competitive, project-driven, low-moat business. I do not see durable competitive advantages in these numbers—no pricing power, no recurring revenue, no brand moat. Promoter holding of 67.56% is good, but the dividend yield is just 0.01%, so shareholders depend entirely on capital gains. The FairStock Score of 59/100 tells me this is an average-quality business, not a wonderful one. The latest quarter—sales of ₹140 Cr and net profit of ₹33 Cr—is strong, but I must not confuse a good quarter with a great business. If the growth is sustainable from a low base, a P/E of 15.57 is attractive. But construction earnings are cyclical. At 11.58 times book, there is no Graham-style margin of safety. I would wait for a better price or much stronger evidence of a durable order book before acting.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer