Garnet Construction Ltd.
Snapshot View

31.15 -0.40 ▼-1.3%

05 August 2021, 04:00:00 P.M.
Volume: 15,461

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.garnetconstructions.com
Financial Indicators
Market Cap 42.96 Cr.
Earnings per share (EPS) 9.10 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 3.40 Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 65.99 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.47 Calculated using Price: 30.90
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.39 Cr. 13,902,200 Shares
FaceValue 10
Company Profile

Garnet Construction Limited, is a decade old professional real estate property developer organization with a proven track record of property performance and client satisfaction. The company designs its projects to cater individual and institutional buyers.

Delivering projects on time and within an established budget is the key to company’s success. The company believes in fulfilling its customers requirement at “one stop” by rendering all the services.

The indepth knowledge of land developing has led it to an opportunity to develop over a total of about 400 acres of land for diverse projects including commercial and residential projects.

Garnet Construction Ltd. was established primarily to develop, manage and lease industrial plots and sheds. Since  then it extended its services to offer clients a variety of real estate related services as well which includes residential plots at khopoli and bungalow plots at lonavala.

Due to persistent, innovative and dynamic team efforts of all the directors, the group today stands poised as consistent and most trust worthy real estate group in Mumbai. Over the span, the group has grown from strength to strength having completed number of projects and gained complete faith in time honoured concepts of Quality, Excellence Design and Construction.

The different projects of the company range from residential to industrial:

Residential Projects

  • Magic Hills - Just on the outskirts of Mumbai, but still strategically connected to the metro by road and rail is village Ambivali. Although the place is bit distanced from the metro hustle-bustle, it provides the right ambience for a comfortable lifestyle. Moreover the location is adjacent to Navi Mumbai airport, Chowk Rail station and the Express highway. Considering its strategic location, we earmarked it for our prestigious housing complex.
  • Crystal Springs Residences in Lonavla offers 2, 3 and 4 bedroom bungalows. The Crystal Springs project was planned, designed and executed as high definition residences for Indians and NRIs.

Industrial Projects

  • Neelkanth Industrial Estate - Industrial estate at Khalapur in Raigad district. Spread over gigantic 1.40 lakh square feet land, this industrial estate houses 43 plots, shed and galas for large, medium and small-scale enterprises.
  • Arkose Industrial Estate on the Mumbai-Pune highway - Arkose Industrial Estate and Aditya Industrial Estate are spread across 13 acres and 8 acres of land respectively. Their proximity to the town and highway ensure that they are well connected to both the prime business areas of Maharashtra - Mumbai and Pune.
  • Emerald Industrial Estate - Emerald Industrial Estate, spread over 4 lakh square feet of expanse comprises of 49 plots and is situated just 3 kms from the Mumbai - Pune highway. The location is a melting pot of several industries and thereby has all the facilities necessary for large, medium and small-scale industries.
  • Panchsheel Industrial Estate - This estate too offers tremendous scope for industries. Spread across 11-lac square feet land, this estate houses 61 fully developed plots and is at a distance of 4 kms from the Mumbai-Pune Express highway.

The company in 2007 entered into a 50:50 joint venture (JV) with the Dubai-based Sternon Group to develop properties in Europe - with a prime focus on Sweden, and Mauritius, off the African coast.

Future plans

The company has one of its projects planned in Goa which is a 110-room resort, clubhouses, residential cottages and restaurants.

The company is also planning a resort in Panchgani.The projected resort, to be developed on B.O.T basis, comprises of 60 residential cottages, clubhouses and restaurants. Apart from these, the company is also planning one project in Hydrabad and Khopoli.

Recent developments

Garnet Construction has decided to convert the 60,00,000 convertible warrants into equity shares.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.27%
1 Week
+1.47%
1 Month
+8.73%
3 Month
+67.92%
6 Month
+34.27%
1 Year
+265.18%
2 Year
+287.44%
5 Year
+71.15%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 2.18 1.77 3.63 1.02 3.29 1.99 1.74 1.15 9.12
Return on Capital Employed (%) 3.76 3.47 5.64 4.69 4.64 3.09 2.84 1.42 10.59
Return on Assets (%) 0.73 0.56 1.14 0.31 1.11 0.77 0.74 0.50 3.89

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 61 62 64 65 67 68 71 72 79
Non Curr. Liab. 13 14 26 37 22 28 27 24 22
Curr. Liab. 118 121 116 111 88 75 56 76 81
Minority Int.
Equity & Liab. 192 197 207 213 178 172 155 172 182
Non Curr. Assets 18 13 14 13 11 10 10 7 6
Curr. Assets 173 184 193 201 166 162 145 165 176
Misc. Exp. not W/O
Total Assets 192 197 207 213 178 172 155 172 182

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 8 21 6 29 46 11 6 7 68
Other Income 0 0 4 0 0 0 0 1 1
Total Income 8 21 10 29 47 11 6 8 69
Total Expenditure -4 -17 -4 -23 -40 -8 -2 -6 -57
PBIDT 4 4 6 6 6 4 4 2 12
Interest -2 -2 -3 -3 -2 -2 -2 0 -2
Depreciation 0 0 0 -1 -1 -1 -1 0 0
Taxation 0 0 -1 -2 -1 0 0 0 -3
Exceptional Items
PAT 1 1 2 1 2 1 1 1 7

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -21 -5 8 -18 15 8 2 -6 28
Cash Fr. Inv. -8 5 3 0 0 0 0 3 0
Cash Fr. Finan. 24 -4 -12 19 -16 -9 -3 4 -25
Net Change -4 -4 -1 1 -2 0 -1 1 3
Cash & Cash Eqvt 6 2 1 2 1 0 -1 1 4

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 54.87 54.87 54.87 55.98 55.98 55.98 56.08 56.88 56.90
Public 45.13 45.13 45.13 44.02 44.02 44.02 43.92 43.12 43.10
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 27 Jul 2021
Board Meeting Intimation for Intimation Of Board Meeting On 13Th August 2021
GARNET CONSTRUCTION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve Pursuant to Clause 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be convened on 13th August 2021 for considering the following matters:

The Unaudited Standalone Financial Results for the Quarter ended 30th June 2021.

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Garnet Construction Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 15 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Neha Verma
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
William %R Trending Down William %R Trending Down
ROC Trending Down ROC Trending Down

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
DLF Ltd. 86,747.30 351.00 +0.1%
Godrej Properties Ltd. 45,513.99 1,620.00 -1.1%
Macrotech Developers Ltd. 39,498.21 867.00 -2.0%
Oberoi Realty Ltd. 26,121.18 702.30 -2.2%
The Phoenix Mills Ltd. 14,826.13 875.00 +1.5%
Prestige Estates Projects Ltd. 14,759.73 357.65 -2.9%
NBCC (India) Ltd. 8,775.00 47.90 -1.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
DLF Ltd. Consolidated 2021-06 57.78 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-06 0.00 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2021-03 983.62 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-06 32.99 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2021-03 281.82 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2021-03 10.14 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2021-03 39.56 47.90 -1.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
DLF Ltd. Consolidated 2021-06 2.44 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-06 5.44 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2021-03 5.78 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-06 2.76 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2021-03 3.04 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2021-03 2.21 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2021-03 5.36 47.90 -1.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
DLF Ltd. Consolidated 2020-03 0.24 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-03 0.54 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2020-03 4.47 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-03 0.16 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2020-03 1.17 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2020-03 1.73 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2020-03 0.00 47.90 -1.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
DLF Ltd. Consolidated 2020-03 -4.40 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-03 -1.12 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2020-03 19.68 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-03 8.18 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2020-03 9.95 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2020-03 11.35 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2020-03 6.69 47.90 -1.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
DLF Ltd. Consolidated 2020-03 4.46 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-03 2.02 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2020-03 6.75 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-03 9.47 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2020-03 10.48 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2020-03 13.50 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2020-03 36.85 47.90 -1.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
DLF Ltd. Consolidated 2020-03 6,082.77 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-03 764.92 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2020-03 12,442.59 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-03 2,052.58 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2020-03 1,941.14 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2020-03 8,124.80 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2020-03 8,087.07 47.90 -1.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
DLF Ltd. Consolidated 2020-03 -1,479.21 351.00 +0.1%
Godrej Properties Ltd. Consolidated 2021-03 -73.36 1,620.00 -1.1%
Macrotech Developers Ltd. Consolidated 2020-03 741.53 867.00 -2.0%
Oberoi Realty Ltd. Consolidated 2021-03 736.04 702.30 -2.2%
The Phoenix Mills Ltd. Consolidated 2020-03 355.88 875.00 +1.5%
Prestige Estates Projects Ltd. Consolidated 2020-03 544.20 357.65 -2.9%
NBCC (India) Ltd. Consolidated 2020-03 99.01 47.90 -1.8%