
About Garnet Construction Ltd
Data last updated:
Garnet Construction Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1992PLC069044. Its GSTIN is 27AAACG1328C1Z7 (Maharashtra). Its shares are listed on BSE: 526727.
The company has an authorised share capital of ₹58 Cr and a paid-up capital of ₹13.9 Cr. It is led by directors including Arun Kishankumar Kedia (Whole-Time Director) and Sanjay Kishankumar Kedia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501/531 Laxmi Mall Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹82.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.49 Cr (net margin 47.7%) and EBITDA of ₹50.76 Cr (EBITDA margin 61.3%). The net worth stands at ₹142.36 Cr (up 38.4% YoY). Total assets are valued at ₹151.74 Cr (up 35.8% YoY).
The company is associated with 1 brand: Garnet construction. As per MCA filings, the company has open charges of ₹9.01 Cr and satisfied charges of ₹135.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garnetconstructions.com.
- EmailLocked
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- Website
- Social MediaLocked
- Registered Address501/531 Laxmi Mall Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Garnet Construction Ltd
Garnet Construction operates one associated brand: Garnet construction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development services | garnetconstructions.com |
Competitors & Alternatives of Garnet Construction Ltd
Brands and companies operating in the same space as Garnet Construction Ltd include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Residential and commercial properties are developed by Godrej Properties. | Mumbai, India | 1990 |
| | Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam | 1993 |
| | Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia | 1958 |
| | Residential and commercial properties are developed and managed across regions. | Singapore | 1924 |
| | Residential and commercial real estate development is conducted by Sunac. | Shanghai, China | 2003 |
| | Developer of residential and commercial real estate properties | Mumbai, India | 1980 |
| | Real estate properties are developed in over 50 cities. | Shenzhen, China | 1984 |
| | Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France | 1920 |
| | Real estate development and management services are provided globally. | Singapore | 1963 |
Business Activity of Garnet Construction Ltd
The main business activity of Garnet Construction is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Garnet Construction Ltd
Garnet Construction Ltd is audited by Poddar A & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Poddar A & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Garnet Construction Ltd
Garnet Construction has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kishankumar Kedia | Whole-Time Director | 15 Oct 1992 | 33 Years 11 Months | Current |
| Sanjay Kishankumar Kedia | Whole-Time Director | 15 Oct 1992 | 33 Years 11 Months | Current |
| Jitendra Maruti Jadhav | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Sirya Vakil Siddiqui | Director | 14 Apr 2020 | 6 Years 5 Months | Current |
| Akash Dnyaneshwer Kamble | Director | 06 Sep 2024 | 2 Years 0 Months | Current |
| Chahat Sanjaykumar Kedia | Additional Director | 21 Mar 2026 | 0 Years 6 Months | Current |
Financials of Garnet Construction Ltd FY 2025-26 filings available
Garnet Construction Ltd reported revenue of ₹82.82 Cr (up 414.7% YoY) for FY 2025-26.
Financial Highlights
FY 2018-19 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 7.30 | 5.82 | 14.24 | 46.26 | 28.57 |
| Revenue growth | +25.4% | -59.1% | -69.2% | +61.9% | - |
| EBITDA | 1.26 | 3.36 | 3.11 | 5.79 | 5.93 |
| EBITDA margin | +17.3% | +57.7% | +21.8% | +12.5% | +20.8% |
| Profit before tax | 1.16 | 1.44 | 0.88 | 2.89 | 2.52 |
| Net profit | 0.82 | 1.19 | 0.32 | 2.21 | 0.66 |
| Net profit margin | +11.2% | +20.5% | +2.3% | +4.8% | +2.3% |
| EPS (₹) | 0.58 | 0.87 | 0.24 | 1.55 | 0.47 |
| Balance sheet | |||||
| Total assets | 119 | 108 | 105 | 110 | 121 |
| Net worth | 72.24 | 71.42 | 70.21 | 67.11 | 64.85 |
| Total debt | 46.72 | 36.85 | 34.92 | 41.93 | 56.00 |
| Cash & bank | 0.78 | 0.15 | 0.72 | 0.61 | 2.31 |
| Net working capital | 112 | 97.94 | 95.00 | 100 | 111 |
| Cash flow | |||||
| Cash from operations | (5.85) | 1.33 | 12.67 | 10.45 | (18.03) |
| Cash from investing | 2.97 | 0.16 | 0.06 | 0.25 | 0.11 |
| Cash from financing | 4.35 | (2.90) | (12.59) | (16.48) | 19.26 |
| Particulars | Sep 2019 | Jun 2019 | Sep 2018 | Jun 2018 |
|---|---|---|---|---|
| Revenue | 6.96 | 1.90 | 1.70 | 0.70 |
| Revenue growth (YoY) | +309.4% | +171.4% | - | - |
| Other income | 0.03 | 0.06 | 0.00 | 0.73 |
| EBITDA | 1.54 | 0.34 | 0.30 | (0.51) |
| EBITDA margin | +22.1% | +17.9% | +17.6% | -72.9% |
| Depreciation | 0.09 | 0.09 | 0.12 | 0.12 |
| Interest | 0.88 | 0.24 | 0.02 | 0.01 |
| Profit before tax | 0.60 | 0.07 | 0.16 | 0.09 |
| Tax | 0.17 | 0.02 | 0.05 | 0.02 |
| Net profit | 0.43 | 0.05 | 0.11 | 0.07 |
| EPS (₹) | 0.31 | 0.04 | 0.09 | 0.05 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 82.82 | 16.09 | 11.13 | 2.01 | 5.57 | 66.86 | 68.37 |
| Revenue growth | +414.7% | +44.6% | +453.7% | -63.9% | -91.7% | -2.2% | - |
| EBITDA | 50.76 | 7.81 | (1.96) | (1.37) | (1.25) | 16.36 | 11.64 |
| EBITDA margin | +61.3% | +48.5% | -17.6% | -68.2% | -22.4% | +24.5% | +17.0% |
| Profit before tax | 52.84 | 9.89 | 4.09 | 0.47 | 0.71 | 16.98 | 9.74 |
| Net profit | 39.49 | 7.40 | 2.94 | 0.30 | 0.34 | 12.64 | 6.84 |
| Net profit margin | +47.7% | +46.0% | +26.4% | +14.9% | +6.1% | +18.9% | +10.0% |
| EPS (₹) | 28.40 | 5.33 | 2.11 | 0.21 | 0.37 | 9.10 | 4.96 |
| Balance sheet | |||||||
| Total assets | 152 | 112 | 106 | 107 | 108 | 112 | 107 |
| Net worth | 142 | 103 | 95.51 | 92.58 | 92.24 | 91.74 | 79.08 |
| Total debt | 9.05 | 8.58 | 10.55 | 14.70 | 15.97 | 20.20 | 28.06 |
| Cash & bank | 0.14 | 0.06 | 0.07 | 1.33 | 2.20 | 7.25 | 4.21 |
| Net working capital | 145 | 107 | 102 | 103 | 104 | 107 | 102 |
| Cash flow | |||||||
| Cash from operations | (0.66) | 0.58 | (2.33) | (1.40) | (1.07) | 12.94 | 27.77 |
| Cash from investing | 1.20 | 2.31 | 5.94 | 2.04 | 2.45 | 1.33 | 0.17 |
| Cash from financing | (0.47) | (2.89) | (4.88) | (1.51) | (6.42) | (11.22) | (24.52) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | (0.13) | 10.40 | 15.75 | 16.29 | 40.39 | (0.75) | 0.87 | 0.79 |
| Revenue growth (YoY) | -100.3% | +1486.7% | +1710.3% | +1962.0% | +166.1% | - | - | - |
| Other income | 0.01 | 3.36 | 0.08 | 0.02 | 0.04 | 3.28 | 0.02 | 0.01 |
| Total expenses | 0.62 | 7.00 | 1.97 | 7.33 | 15.76 | 0.61 | 1.09 | 1.38 |
| EBITDA | (0.75) | 3.40 | 13.78 | 8.96 | 24.63 | (1.36) | (0.22) | (0.59) |
| EBITDA margin | +576.9% | +32.7% | +87.5% | +55.0% | +61.0% | +181.3% | -25.3% | -74.7% |
| Depreciation | 0.16 | 0.13 | 0.17 | 0.10 | 0.10 | 0.08 | 0.09 | 0.07 |
| Interest | 0.18 | 0.17 | 0.43 | 0.17 | 0.16 | 0.34 | 0.18 | 0.22 |
| Profit before tax | (1.08) | 6.46 | 13.26 | 8.71 | 24.41 | 1.50 | (0.47) | (0.87) |
| Tax | (0.03) | 1.73 | 3.25 | 2.17 | 6.20 | 0.01 | (0.02) | 0.00 |
Financial Statements
| Particulars | Sep 2019 | Jun 2019 | Sep 2018 | Jun 2018 |
|---|---|---|---|---|
| Revenue | 6.96 | 1.90 | 1.70 | 0.70 |
| Revenue growth (YoY) | +309.4% | +171.4% | - | - |
| Other income | 0.03 | 0.06 | 0.00 | 0.73 |
| EBITDA | 1.54 | 0.34 | 0.30 | (0.51) |
| EBITDA margin | +22.1% | +17.9% | +17.6% | -72.9% |
| Depreciation | 0.09 | 0.09 | 0.12 | 0.12 |
| Interest | 0.88 | 0.24 | 0.02 | 0.01 |
| Profit before tax | 0.60 | 0.07 | 0.16 | 0.09 |
| Tax | 0.17 | 0.02 | 0.05 | 0.02 |
| Net profit | 0.43 | 0.05 | 0.11 | 0.07 |
| EPS (₹) | 0.31 | 0.04 | 0.09 | 0.05 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Revenue | 7.30 | 5.82 | 14.24 | 46.26 | 28.57 |
| Revenue growth | +25.4% | -59.1% | -69.2% | +61.9% | - |
| Other income | 0.81 | 0.17 | 0.07 | 0.48 | 0.16 |
| Total expenses | 6.04 | 2.46 | 11.13 | 40.47 | 22.64 |
| Employee cost | 0.85 | 0.52 | 0.65 | 0.97 | 1.17 |
| EBITDA | 1.26 | 3.36 | 3.11 | 5.79 | 5.93 |
| EBITDA margin | +17.3% | +57.7% | +21.8% | +12.5% | +20.8% |
| Depreciation | 0.48 | 0.56 | 0.65 | 0.95 | 0.95 |
| Interest | 0.44 | 1.54 | 1.66 | 2.43 | 2.62 |
| Profit before tax | 1.16 | 1.44 | 0.88 | 2.89 | 2.52 |
| Tax | 0.34 | 0.25 | 0.56 | 0.75 | 1.86 |
| Net profit | 0.82 | 1.19 | 0.32 | 2.21 | 0.66 |
| Net profit margin | +11.2% | +20.5% | +2.3% | +4.8% | +2.3% |
| EPS (₹) | 0.58 | 0.87 | 0.24 | 1.55 | 0.47 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 13.90 | 13.90 | 13.90 | 13.90 | 13.90 |
| Reserves & surplus | 58.34 | 57.52 | 56.31 | 53.21 | 50.95 |
| Shareholders' funds (net worth) | 72.24 | 71.42 | 70.21 | 67.11 | 64.85 |
| Minority interest | 0.09 | 0.10 | 0.11 | 0.12 | 0.00 |
| Secured loans | 43.75 | 36.35 | 34.22 | 41.93 | 56.00 |
| Unsecured loans | 2.97 | 0.50 | 0.70 | 0.00 | 0.00 |
| Total debt | 46.72 | 36.85 | 34.92 | 41.93 | 56.00 |
| Total liabilities | 119 | 108 | 105 | 110 | 121 |
| Assets | |||||
| Gross block | 6.70 | 6.68 | 6.80 | 10.33 | 10.33 |
| Net block | 5.16 | 5.63 | 6.18 | 6.83 | 7.65 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 3.00 | 3.00 | 3.05 | 3.07 |
| Inventories | 118 | 103 | 92.65 | 107 | 122 |
| Sundry debtors | 34.03 | 30.32 | 58.13 | 43.58 | 48.81 |
| Cash & bank balances | 0.78 | 0.15 | 0.72 | 0.61 | 2.31 |
| Loans & advances | 29.23 | 28.66 | 29.80 | 35.00 | 27.52 |
| Total current assets | 182 | 162 | 181 | 186 | 201 |
| Total current liabilities | 70.54 | 64.48 | 86.30 | 85.77 | 90.32 |
| Net working capital | 112 | 97.94 | 95.00 | 100 | 111 |
| Total assets | 119 | 108 | 105 | 110 | 121 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Opening cash | (0.69) | 0.72 | 0.59 | 6.40 | 0.98 |
| Net cash from operating activities | (5.85) | 1.33 | 12.67 | 10.45 | (18.03) |
| Net cash from investing activities | 2.97 | 0.16 | 0.06 | 0.25 | 0.11 |
| Net cash from financing activities | 4.35 | (2.90) | (12.59) | (16.48) | 19.26 |
| Net change in cash | 1.47 | (1.41) | 0.14 | (5.79) | 1.33 |
| Closing cash | 0.78 | 0.15 | 0.72 | 0.61 | 2.31 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +25.4% | -59.1% | -69.2% | +61.9% | - |
| EBITDA growth | -62.5% | +8.0% | -46.3% | -2.4% | - |
| PBT growth | -19.4% | +63.6% | -69.6% | +14.7% | +9997.0% |
| Net income growth | -31.1% | +271.9% | -85.5% | +234.9% | - |
| Revenue CAGR (3Y) | -46.0% | -41.2% | - | - | - |
| EBITDA CAGR (3Y) | -39.9% | -17.3% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +11.1% | +20.3% | +2.2% | +4.6% | +2.3% |
| Return on capital employed | +1.4% | +2.8% | +2.4% | +4.6% | +4.2% |
| Return on net worth | +1.1% | +1.7% | +0.5% | +3.2% | +1.0% |
| Debt / equity | 0.58 | 0.51 | 0.56 | 0.74 | 0.86 |
| Long-term debt / equity | 0.36 | 0.38 | 0.34 | 0.41 | 0.54 |
| Interest cover | 56.41 | 55.00 | 67.48 | 50.21 | 52.61 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.09 | 0.86 | 1.66 | 4.48 | 2.77 |
| Inventory turnover | 0.07 | 0.06 | 0.14 | 0.40 | 0.23 |
| Debtors turnover | 0.23 | 0.13 | 0.28 | 1.00 | 0.59 |
| EPS (₹) | 0.58 | 0.87 | 0.24 | 1.55 | 0.47 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 51.96 | 51.37 | 50.51 | 48.28 | 46.65 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | (0.13) | 10.40 | 15.75 | 16.29 | 40.39 | (0.75) | 0.87 | 0.79 |
| Revenue growth (YoY) | -100.3% | +1486.7% | +1710.3% | +1962.0% | +166.1% | - | - | - |
| Other income | 0.01 | 3.36 | 0.08 | 0.02 | 0.04 | 3.28 | 0.02 | 0.01 |
| Total expenses | 0.62 | 7.00 | 1.97 | 7.33 | 15.76 | 0.61 | 1.09 | 1.38 |
| EBITDA | (0.75) | 3.40 | 13.78 | 8.96 | 24.63 | (1.36) | (0.22) | (0.59) |
| EBITDA margin | +576.9% | +32.7% | +87.5% | +55.0% | +61.0% | +181.3% | -25.3% | -74.7% |
| Depreciation | 0.16 | 0.13 | 0.17 | 0.10 | 0.10 | 0.08 | 0.09 | 0.07 |
| Interest | 0.18 | 0.17 | 0.43 | 0.17 | 0.16 | 0.34 | 0.18 | 0.22 |
| Profit before tax | (1.08) | 6.46 | 13.26 | 8.71 | 24.41 | 1.50 | (0.47) | (0.87) |
| Tax | (0.03) | 1.73 | 3.25 | 2.17 | 6.20 | 0.01 | (0.02) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 82.82 | 16.09 | 11.13 | 2.01 | 5.57 | 66.86 | 68.37 |
| Revenue growth | +414.7% | +44.6% | +453.7% | -63.9% | -91.7% | -2.2% | - |
| Other income | 3.51 | 3.32 | 7.06 | 2.41 | 2.79 | 1.62 | 0.68 |
| Total expenses | 32.06 | 8.28 | 13.09 | 3.38 | 6.82 | 50.50 | 56.73 |
| Employee cost | 2.79 | 1.85 | 1.24 | 0.83 | 1.87 | 3.70 | 2.89 |
| EBITDA | 50.76 | 7.81 | (1.96) | (1.37) | (1.25) | 16.36 | 11.64 |
| EBITDA margin | +61.3% | +48.5% | -17.6% | -68.2% | -22.4% | +24.5% | +17.0% |
| Depreciation | 0.50 | 0.31 | 0.29 | 0.33 | 0.35 | 0.33 | 0.35 |
| Interest | 0.93 | 0.93 | 0.72 | 0.24 | 0.48 | 0.67 | 2.23 |
| Profit before tax | 52.84 | 9.89 | 4.09 | 0.47 | 0.71 | 16.98 | 9.74 |
| Tax | 13.35 | 2.49 | 1.15 | 0.17 | 0.20 | 4.34 | 2.85 |
| Net profit | 39.49 | 7.40 | 2.94 | 0.30 | 0.34 | 12.64 | 6.84 |
| Net profit margin | +47.7% | +46.0% | +26.4% | +14.9% | +6.1% | +18.9% | +10.0% |
| EPS (₹) | 28.40 | 5.33 | 2.11 | 0.21 | 0.37 | 9.10 | 4.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.90 | 13.90 | 13.90 | 13.90 | 13.90 | 13.90 | 13.90 |
| Reserves & surplus | 128 | 88.99 | 81.61 | 78.68 | 78.34 | 77.84 | 65.18 |
| Shareholders' funds (net worth) | 142 | 103 | 95.51 | 92.58 | 92.24 | 91.74 | 79.08 |
| Secured loans | 9.05 | 6.15 | 10.55 | 14.70 | 15.97 | 20.20 | 27.59 |
| Unsecured loans | 0.00 | 2.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 |
| Total debt | 9.05 | 8.58 | 10.55 | 14.70 | 15.97 | 20.20 | 28.06 |
| Total liabilities | 152 | 112 | 106 | 107 | 108 | 112 | 107 |
| Assets | |||||||
| Gross block | 10.07 | 7.87 | 6.92 | 6.89 | 6.83 | 6.93 | 6.64 |
| Net block | 6.29 | 4.59 | 3.95 | 4.21 | 4.48 | 4.78 | 4.82 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 53.70 | 65.00 | 63.35 | 69.63 | 63.35 | 63.05 | 82.83 |
| Sundry debtors | 68.13 | 29.54 | 30.75 | 34.16 | 36.70 | 35.38 | 38.05 |
| Cash & bank balances | 0.14 | 0.06 | 0.07 | 1.33 | 2.20 | 7.25 | 4.21 |
| Loans & advances | 85.69 | 75.25 | 63.90 | 52.10 | 60.48 | 74.83 | 50.50 |
| Total current assets | 208 | 170 | 158 | 157 | 163 | 181 | 176 |
| Total current liabilities | 62.51 | 63.06 | 56.12 | 54.28 | 59.17 | 73.59 | 73.87 |
| Net working capital | 145 | 107 | 102 | 103 | 104 | 107 | 102 |
| Total assets | 152 | 112 | 106 | 107 | 108 | 112 | 107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.06 | 0.07 | 1.33 | 2.20 | 7.25 | 4.21 | 0.78 |
| Net cash from operating activities | (0.66) | 0.58 | (2.33) | (1.40) | (1.07) | 12.94 | 27.77 |
| Net cash from investing activities | 1.20 | 2.31 | 5.94 | 2.04 | 2.45 | 1.33 | 0.17 |
| Net cash from financing activities | (0.47) | (2.89) | (4.88) | (1.51) | (6.42) | (11.22) | (24.52) |
| Net change in cash | 0.07 | 0.00 | (1.26) | (0.87) | (5.05) | 3.05 | 3.43 |
| Closing cash | 0.14 | 0.06 | 0.07 | 1.33 | 2.20 | 7.25 | 4.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +414.7% | +44.6% | +453.7% | -63.9% | -91.7% | -2.2% | - |
| EBITDA growth | +549.9% | +498.5% | -43.1% | -9.6% | -107.6% | +40.6% | - |
| PBT growth | +434.3% | +141.8% | +770.2% | -33.8% | -95.8% | +74.3% | +732.5% |
| Net income growth | +433.7% | +151.7% | +880.0% | -11.8% | -97.3% | +84.8% | - |
| Revenue CAGR (3Y) | +245.4% | +42.4% | -45.0% | -69.1% | -8.6% | +125.6% | +68.7% |
| EBITDA CAGR (3Y) | - | - | - | - | - | +69.3% | +55.3% |
| Profitability & leverage | |||||||
| Net income margin | +47.7% | +46.0% | +26.4% | +14.9% | +9.2% | +18.9% | +10.1% |
| Return on capital employed | +40.8% | +9.9% | +4.5% | +0.7% | +0.8% | +16.1% | +10.6% |
| Return on net worth | +32.2% | +7.5% | +3.1% | +0.3% | +0.4% | +14.8% | +9.1% |
| Debt / equity | 0.07 | 0.10 | 0.13 | 0.17 | 0.20 | 0.28 | 0.49 |
| Long-term debt / equity | 0.06 | 0.08 | 0.12 | 0.12 | 0.15 | 0.22 | 0.30 |
| Interest cover | 1.85 | 12.40 | -32.00 | -14.12 | -30.00 | 4.18 | 19.75 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 9.23 | 2.18 | 1.61 | 0.29 | 0.81 | 9.85 | 10.33 |
| Inventory turnover | 1.40 | 0.25 | 0.17 | 0.03 | 0.09 | 0.92 | 0.70 |
| Debtors turnover | 1.70 | 0.53 | 0.34 | 0.06 | 0.15 | 1.82 | 1.90 |
| EPS (₹) | 28.40 | 5.33 | 2.11 | 0.21 | 0.37 | 9.10 | 4.96 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 102.41 | 74.01 | 68.71 | 66.60 | 66.35 | 65.99 | 56.88 |
Shareholding Pattern of Garnet Construction Ltd
Shareholding for the quarter ended Mar 2026: promoters hold 61.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 61.30% | 61.30% | 61.30% | 61.30% |
| Public | 38.70% | 38.70% | 38.70% | 38.70% |
Charges & Borrowings of Garnet Construction Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2025 | Others | ₹7.5 Cr | Open |
| 01 Oct 2025 | Hdfc Bank Limited | ₹1.01 Cr | Open |
| 31 Aug 1998 | The South Indian Co-Op Bank Ltd | ₹50 Lakh | Open |
| 23 Feb 2023 | Others | ₹6.61 Cr | Satisfied |
| 05 Oct 2017 | State Bank of India | ₹2.33 Cr | Satisfied |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Garnet Construction Ltd
Employment history and EPFO contributions of people linked to Garnet Construction.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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GST Compliance of Garnet Construction Ltd
Garnet Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1328C1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Garnet Construction Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Garnet Construction Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Garnet Construction Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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MCA Filings & Documents of Garnet Construction Ltd
MCA filings and documents
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Recent Activity on Garnet Construction Ltd
Frequently Asked Questions about Garnet Construction Ltd
Garnet Construction is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 October 1992 (34+ years old) and is registered under CIN L45200MH1992PLC069044. Listed on BSE: 526727.
Garnet Construction reported revenue of ₹82.82 Cr for FY 2025-26 (up 414.7% YoY) based on standalone financials.
Garnet Construction has 6 current directors:
- Arun Kishankumar Kedia - Whole-Time Director
- Sanjay Kishankumar Kedia - Whole-Time Director
- Jitendra Maruti Jadhav - Director
- Sirya Vakil Siddiqui - Director
- Akash Dnyaneshwer Kamble - Director
- Chahat Sanjaykumar Kedia - Additional Director
The GSTIN of Garnet Construction is 27AAACG1328C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Garnet Construction is L45200MH1992PLC069044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Garnet Construction is listed on BSE with code 526727.
Garnet Construction was incorporated on 15 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Garnet Construction can be reached through the website garnetconstructions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Garnet Construction is at 501531 Laxmi Mall Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.