What we do Garuda Construction and Engineering Ltd is a Mumbai-based civil construction company specializing in residential, commercial, industrial, and infrastructure projects with end-to-end EPC solutions. |
Founded in 2,010 |
Market share Growing presence with ₹3,461 crore order book spread across India; transitioning to diversified third-party projects from promoter-led contracts. |
Problem solved Provides comprehensive construction and maintenance solutions addressing infrastructure development and quality building needs in growing urban India. |
Top clients or who we serve Serves government bodies, private developers, and industrial clients; B2B focus across residential, commercial, institutional, and infrastructure sectors. |
Key management Pravin Kumar Brijendra Kumar Agarwal (Managing Director & Chairman), Rohit Ramanand Pareek (Whole Time Director & CFO), experienced leadership with 20+ years in construction and related fields. |
Our journey and innovations Founded in 2010, evolved from hospitality projects to major government and residential contracts including Delhi Police HQ, IPO in 2024, and rapid order book expansion. |
Where we operate Operations primarily in Maharashtra and expanding to Uttar Pradesh, Rajasthan, Punjab, Karnataka, Arunachal Pradesh, and Delhi. |
Top products or what we offer Civil construction including residential, commercial, industrial buildings, infrastructure projects, MEP engineering, and post-construction operations & maintenance. |
Top brands Not applicable as a construction services firm. |
Raw materials needed Construction materials such as cement, steel, electrical and plumbing supplies sourced via subcontractors and vendors. |
Raw materials supplier Multiple third-party suppliers and subcontractors per project requirements. |
Recurring vs cyclical contribution Revenue largely project-based and cyclical aligned with construction contract execution phases; some recurring maintenance contracts. |
Our industry position Emerging player with strong order book; recognized for quality and timely delivery in civil construction industry. |
Financial highlights FY25 revenue ₹225.7 Cr, PAT ₹49.8 Cr; H1 FY26 revenue ₹241.6 Cr, PAT ₹55.1 Cr showing strong growth. |
Geographical revenue split Revenue centralized within India, with projects spanning Maharashtra, Uttar Pradesh, Rajasthan, Punjab, Karnataka, Arunachal Pradesh, and Delhi. |
Order book Robust order book of ₹3,461 crore across public and private sectors supporting growth visibility over next three years. |
Whats driving growth Strong project execution, expanded client base, strategic geographical and sectoral diversification, and focused asset-light business model. |
Our future plans Expand order book, geographic reach, diversify into development projects, leverage technological advances for project efficiency. |
Our green promise Not specified in available data. |
Our people and values Committed to ethical governance and corporate social responsibility; fostering safety, inclusion, and employee development. |
Key challenges ahead Managing execution during monsoon impacts, sustaining quality and margins amidst competitive industry, and scaling while controlling risks. |
Interesting facts Completed landmark Delhi Police HQ; transitioned from promoter to public company via successful IPO in 2024; large order for Gorakhpur Convention Centre. |
Risks and strategy Risk mitigation via diversified projects, disciplined bid selection, robust internal controls, and strong governance practices. |