Giriraj Civil Developers Limited Announces Financial Results for FY2026
Giriraj Civil Developers Limited released its audited financial results for the financial year ending March 31, 2026, on May 29, 2026. The company provided consolidated statements of assets and liabilities, along with the profit and loss and cash flow statements for the period.The audited financial results were presented by the company's management, and the statutory auditor provided an unmodified opinion on both the standalone and consolidated financial statements.
Financial Position Overview
The consolidated statement of assets and liabilities reveals the company's financial structure as of March 31, 2026.Below is a comparison of the consolidated Balance Sheet figures for the two years:
| Particulars | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|
| Share Capital | 2,392.05 | 2,392.05 |
| Reserves and Surplus | 12,229.76 | 10,720.76 |
| Long-term borrowings | 884.80 | 191.90 |
| Other Long term liabilities | 586.62 | 6,149.16 |
| Short-term borrowings | 1,360.88 | 2,453.10 |
| Trade payables | 6,805.68 | 5,178.47 |
| Other current liabilities | 755.69 | 3,238.97 |
| Total Equity and Liabilities | 25,078.82 | 30,413.75 |
| Inventories | 6,548.08 | 7,002.96 |
| Trade receivables | 8,579.80 | 6,606.01 |
| Cash and cash equivalents | 273.10 | 1,415.21 |
| Other current assets | 4,154.94 | 5,536.90 |
| Total Assets | 25,078.82 | 30,413.75 |
(All figures are in Rs. In Lakhs)
Profitability and Cash Flow Analysis
The consolidated Profit and Loss account showed the company's profitability for the year. The total revenue for the year ended March 31, 2026, was Rs 31,057.82 Lakhs. The Net Profit/(Loss) for the period was Rs 1,509.00 Lakhs, compared to Rs 1,788.24 Lakhs for the year ended March 31, 2025.The Cash Flow Statement summarizes the sources and uses of cash:
| Activity | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|
| Net Cash from Operating Activities | (465.32) | (480.20) |
| Net Cash from Investing Activities | 77.84 | (36.00) |
| Net Cash from Financing Activities | (754.63) | 1,135.16 |
| Net Increase in Cash and Cash Equivalents | (1,142.11) | 618.95 |
(All figures are in Rs. In Lakhs)
Key Operational Highlights and Auditor Opinion
In the Emphasis of Matter noted by the Independent Auditors, details were provided regarding tenders received from Western Railways that were subsequently terminated. The company had incurred expenditures related to these contracts, totaling:- Stock-in-Trade: Rs 4.90 crore
- Earnest Money Deposits (EMD): Rs 26.70 Lakhs
- Bank Guarantees furnished: Rs 14.60 Lakhs
The management has initiated arbitration proceedings for the recovery of these funds. The auditors stated that while the balances are under dispute, the management is confident of realizing the full amount, and accordingly, no provision was made against the said Stock in Trade, Earnest Money Deposits, and Bank Guarantees.
The company's management disclosed that its primary business activity falls within a single segment, "Civil," and therefore, segment reporting under Accounting Standard 17 was not applicable.
GIRIRAJ Stock Price Movement
Giriraj Civil Developers Limited shares shed 3.44% today, settling at ₹145.8 in after-hours trading. The stock recorded total traded volume of 500 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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