Garuda Construction and Engineering (NSE:GARUDA) ROE %: 30.35% (As of Mar. 2026) — 16% Below Median

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NSE:GARUDA Garuda Construction and Engineering Ltd NSE:GARUDA
21 GF Score
Price ₹174.69
! 2 Warning Signs
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What is Garuda Construction and Engineering ROE %?

Garuda Construction and Engineering NSE:GARUDA +1.14% 21 ROE % is 30.35% as of Mar. 2026, which is 16% below its 10-year median of 36.14. GuruFocus rates NSE:GARUDA with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,745 Construction companies, Garuda Construction and Engineering ranks better than 92.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Garuda Construction and Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹1,379 Mil. Garuda Construction and Engineering's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹4,543 Mil. Therefore, Garuda Construction and Engineering's annualized ROE % for the quarter that ended in Mar. 2026 was 30.35%.

The historical rank and industry rank for Garuda Construction and Engineering's ROE % or its related term are showing as below:

NSE:GARUDA' s ROE % Range Over the Past 10 Years
Min: 22.09   Med: 36.14   Max: 65.59
Current: 31.33

During the past 5 years, Garuda Construction and Engineering's highest ROE % was 65.59%. The lowest was 22.09%. And the median was 36.14%.

NSE:GARUDA's ROE % is ranked better than
92.61% of 1745 companies
in the Construction industry
Industry Median: 6.74 vs NSE:GARUDA: 31.33

Garuda Construction and Engineering  (NSE:GARUDA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1378.528/4542.638
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1378.528 / 5961.936)*(5961.936 / 6443.207)*(6443.207 / 4542.638)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.12 %*0.9253*1.4184
=ROA %*Equity Multiplier
=21.39 %*1.4184
=30.35 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1378.528/4542.638
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1378.528 / 1869.148) * (1869.148 / 1913.84) * (1913.84 / 5961.936) * (5961.936 / 6443.207) * (6443.207 / 4542.638)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7375 * 0.9766 * 32.1 % * 0.9253 * 1.4184
=30.35 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Garuda Construction and Engineering ROE % Related Terms


Garuda Construction and Engineering ROE % Historical Data

* Premium members only.

The historical data trend for Garuda Construction and Engineering's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Garuda Construction and Engineering ROE % Chart

Garuda Construction and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
44.94 65.59 36.14 22.09 31.17

Garuda Construction and Engineering Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 21.74 33.76 28.05 34.01 30.35

NSE:GARUDA vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Garuda Construction and Engineering's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garuda Construction and Engineering ROE % vs Construction Industry

For the Construction industry and Industrials sector, Garuda Construction and Engineering's ROE % distribution charts can be found below:

* The bar in red indicates where Garuda Construction and Engineering's ROE % falls into.


NSE:GARUDA
21GF Score
Garuda Construction and Engineering Ltd NSE:GARUDA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garuda Construction and Engineering ROE % Calculation

Garuda Construction and Engineering's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1224.943/( (3318.105+4542.638)/ 2 )
=1224.943/3930.3715
=31.17 %

Garuda Construction and Engineering's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1378.528/( (0+4542.638)/ 1 )
=1378.528/4542.638
=30.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 30.35% mean?
Garuda Construction and Engineering (NSE:GARUDA) has a ROE % of 30.35% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Garuda Construction and Engineering and its competitors. This is 16% below median its historical median of 36.14. Over the past decade, Garuda Construction and Engineering's ROE % has ranged from 22.09 to 65.59. According to the industry distribution chart, Garuda Construction and Engineering ranks #129 out of 1745 companies in the Construction industry, placing it in the top 7.4%.
Is Garuda Construction and Engineering's ROE % too high?
Garuda Construction and Engineering's current ROE % of 30.35% is 16% below median its 10-year median of 36.14. Over the past 10 years, this metric has ranged from a low of 22.09 to a high of 65.59. The Construction industry median ROE % is 6.74. Garuda Construction and Engineering's value of 30.35% is 350.3% above this industry median. Based on the distribution chart, Garuda Construction and Engineering ranks #129 out of 1745 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Garuda Construction and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Garuda Construction and Engineering's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Garuda Construction and Engineering ranks #129 out of 1745 companies for ROE %. This places Garuda Construction and Engineering in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.74. Garuda Construction and Engineering's value of 30.35% is 350.3% above this benchmark. Historically, Garuda Construction and Engineering's own ROE % has ranged from 22.09 to 65.59 over the past decade. While the company's 10-year median is 36.14 vs. the industry median of 6.74, Garuda Construction and Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.74, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Garuda Construction and Engineering's current ROE % of 30.35% is 350.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Garuda Construction and Engineering and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garuda Construction and Engineering's current ROE % is 30.35%, which is 16% below median its own 10-year median of 36.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garuda Construction and Engineering stock overvalued right now?
Garuda Construction and Engineering (NSE:GARUDA) has a current ROE % of 30.35%. The current ROE % is 30.35%, which is 16% below median its 10-year median of 36.14 and 350.3% above the Construction industry median of 6.74. Garuda Construction and Engineering's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Garuda Construction and Engineering (NSE:GARUDA), the current ROE % is 30.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Garuda Construction and Engineering Business Description

Other Exchanges 544271:India
Address C-3 Block, 201, A Wing, Fortune 2000, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051
Garuda Construction and Engineering Ltd provides comprehensive civil construction services for residential, commercial, infrastructure, and industrial projects. Its offerings cover the full construction lifecycle, including project design, resource mobilization, material procurement, execution, and finishing work. The company also delivers operation and maintenance services along with mechanical, electrical, and plumbing services. Garuda's projects include both concrete and composite steel structures, serving clients across multiple regions like Mumbai Metropolitan Region, Karnataka, Tamil Nadu, and others. Revenue is generated from executing construction contracts for diverse sectors including hospitality, infrastructure, and residential developments.
21GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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