As of 6 Nov 2026, Goel Construction Company trades at 14.8× trailing earnings, below the industry P/E of 16.4×. It earns ROCE of 24% and ROE of 24%, and sales and net profit grew 34% and 48% a year over 3 years. The company has almost no debt. It is listed on an SME platform with a market cap of ₹754 Cr, ranked 67th of 156 Engineering & Construction companies by market cap; the shares rose 54% over the past year.
- ₹525.00
- ₹537.00
- ₹423.20
- ₹529.00
- 1.6 L
Health check
- ReturnsAhead
+53.9% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 14.8 vs industry 16.4.
- GrowthStrong
Sales +34.4%, profit +47.9% a year over 3 years.
- ProfitabilityStrong
ROCE 24.5% vs peer median 19.9%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹754 Cr
- Small cap
- P/E
- 14.8
- Industry 16.4
- Price to book
- 2.97
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 24.0%
- Peers 17.9%
- ROCE
- 24.5%
- Peers 19.9%
- Debt to equity
- 0.03
- Debt ₹7.97 Cr
- EPS (TTM)
- ₹35.25
- OPM (TTM)
- 9.2%
- Net margin 7.0%
- Sales growth
- +29.4%
- Latest quarter vs a year ago
- Profit growth
- +7.7%
- Latest quarter vs a year ago
- Price to sales
- 1.15
- EV/EBITDA 7.4
Strengths and risks
Strengths
- Return on equity of 24.0%.
- Return on capital employed of 24.5%.
- Practically debt-free.
- Quarterly sales up 29.4% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Goel Construction Company
Goel Construction Company Limited engages in the business of civil construction in India. The company offers cement plants, power plants, dairy plants, steel plants, residential, and institutional work. Goel Construction Company Limited was incorporated in 1997 and is based in Jaipur, India.
- Headquarters
- Jaipur
- Employees
- 1,436
- Sector
- Industrials
- ISIN
- INE0ZOM01013
- Website
- goelconstruction.co.in
Price range
- Avg volume (3M)
- 15.7K
- 1-year return
- plus 53.9%
- From 52-week high
- minus 2.8%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| GOELCONSGoel Construction Company | 521.90 | minus 1.34% | 754 | 14.8 | 9.1 | 24.5% | 9.2% | 0.03 | 34.4% | plus 53.9% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +34.4%
- Profit CAGR 3Y
- +47.9%
- ROE
- 24.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 270 | 386 | 589 | 656 | |
| – | +42.9% | +52.7% | +11.3% | |
| 246 | 349 | 531 | 583 | |
| 23.6 | 36.4 | 58 | 73.4 | |
| 8.7% | 9.4% | 9.8% | 11.2% | |
| 1.4 | 1.8 | 3.8 | −1.5 | |
| 1.5 | 1.9 | 2.7 | 1.6 | |
| 4.5 | 5.9 | 7.6 | 9 | |
| −0.1 | −0.1 | −0.1 | 0.7 | |
| 18.9 | 30.3 | 51.4 | 62.1 | |
| 24.3% | 25.3% | 25.5% | 25.5% | |
| 14.3 | 22.6 | 38.3 | 46.3 | |
| – | +58.4% | +69.2% | +20.7% | |
| 9.90 | 15.67 | 26.52 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1 | 1 | 11.4 | 14.4 | |
| 69.6 | 92.2 | 120 | 240 | |
| 28.5 | 30.5 | 29.4 | 8 | |
| 106 | 95.7 | 104 | 193 | |
| 205 | 220 | 265 | 455 | |
| 54.8 | 65.2 | 80.3 | 103 | |
| – | 0.6 | 3.6 | 2.9 | |
| 1.2 | 1.2 | 7.4 | 20.5 | |
| 16.9 | 44.3 | 34.6 | 98.1 | |
| 132 | 108 | 139 | 231 | |
| 205 | 220 | 265 | 455 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.2 | 48.2 | 38.3 | 62.8 | |
| −37.5 | −36.1 | −33.1 | −101 | |
| 6.8 | −0.8 | −5 | 44.6 | |
| −6.5 | 11.3 | 0.2 | 6.2 | |
| −22.3 | −16.4 | −23.1 | −35.2 | |
| 1.9 | 31.9 | 15.2 | 27.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.