Garnet Construction Ltd (GARNET) — shareholding pattern, promoter holding, financials and share price
About Garnet Construction Ltd (GARNET)
Garnet Construction Ltd operates in the Residential, Commercial Projects industry, within the Realty sector. It trades on the NSE as GARNET and on the BSE under scrip code 526727. Its ISIN is INE797D01017.
Incorporated in 1992, Garnet Construction Ltd is a Real Estate Development Company focused on residential, commercial, retail, and other projects, such as mass housing and cluster redevelopment. [1]
Garnet Construction Limited is a real estate development company headquartered in Mumbai, India. It primarily focuses on residential, commercial plots, retail, mass housing, and cluster redevelopment projects.
The company was incorporated in 1992 and is listed on both the National Stock Exchange and the Bombay Stock Exchange. Its early projects included developing land near Patalganga for industrial plots and sheds.
Listed peers in Residential, Commercial Projects: Shantidoot Infra Services Ltd, Parsvnath Developers Ltd, Art Nirman Ltd, Dharan Infra-EPC Ltd, Prerna Infrabuild Ltd, Radhe Developers (India) Ltd.
Valuation & Returns
10 Jul 2026At ₹69.4 a share on 10 Jul 2026, Garnet Construction Ltd (GARNET) was valued at a price-to-earnings ratio of 5.05x against an industry P/E of 33.91x and a price-to-book of 1.34x on a book value of ₹51.96 per share as of Mar 2019. Solomo computes return on equity of 26.44% and return on capital employed of 28.69% from filed results. Earnings ratios use consolidated results for the twelve months Dec 2018 to Dec 2019.
- P/E
- 5.05x
- Industry P/E
- 33.91x
- P/B
- 1.34x
- EPS (TTM)
- ₹13.74
- Book value / share
- ₹51.96
- ROE
- 26.44%
- ROCE
- 28.69%
- ROA
- 10.07%
- Debt / equity
- 0.38x
- Dividend yield
- 0%
- EBITDA margin
- 65.51%
- 52-week range
- ₹33.95 – ₹116
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2019In the year ended Mar 2019, Garnet Construction Ltd (GARNET) reported revenue of ₹7 crore, net profit of ₹1 crore and earnings per share of ₹0.58. That compares with revenue of ₹6 crore and net profit of ₹1 crore in Mar 2018. Figures are consolidated, as filed with the exchanges.
In the quarter ended Dec 2019, revenue was ₹34 crore and net profit ₹18 crore (consolidated).
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 29 | 46 | 14 | 6 | 7 |
| Net profit (₹ cr) | 1 | 2 | 0 | 1 | 1 |
| EPS (₹) | 0.47 | 1.55 | 0.24 | 0.86 | 0.58 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -11.07% | -25.12% | 42.46% | 25.43% |
| Profit growth | 14.61% | 1.44% | 144.00% | -32.77% |
| Stock price CAGR | 12% | 17% | 65% | 83% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 61.29% of Garnet Construction Ltd (GARNET) (unchanged from the previous quarter). Market capitalisation was ₹96 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Garnet Capital Finance Ltd 2.98%, HUF 1.63%, Kommineni Saiprasad 1.13%, Dipakkumar Dwarkadas Ladda 1.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 61.29% | - | - | - | 38.71% |
| Mar 2026 | 61.29% | - | - | - | 38.71% |
| Dec 2025 | 61.29% | - | - | - | 38.71% |
| Sep 2025 | 61.29% | - | - | - | 38.71% |
| Jun 2025 | 61.29% | - | - | - | 38.71% |
| Mar 2025 | 61.29% | - | - | - | 38.71% |
| Dec 2024 | 61.29% | - | - | - | 38.71% |
| Sep 2024 | 61.29% | - | - | - | 38.71% |