Giriraj Civil Developers Ltd – Company Report
1. Company Overview
Giriraj Civil Developers Ltd, incorporated in 2005 and headquartered in Mumbai, Maharashtra, is a leading Indian civil construction and infrastructure development company. The firm is guided by a highly qualified and technically experienced team, specializing in delivering large-scale, complex, and time-sensitive projects. Over nearly two decades, Giriraj has built a reputation as a reliable, quality- and time-conscious contractor for various governmental and institutional customers. The company’s mission is to redefine infrastructure development across India through technological sophistication, world-class project management, and a strong focus on client satisfaction. With a workforce of 201–500 employees, Giriraj continually upholds high standards of safety, sustainability, and stakeholder engagement in every community where it operates.
- Incorporated: December 19, 2005
- Headquarters: Mumbai, Maharashtra, India
- Employees: 201–500 (approx.)
- Core Focus: Railway and civil infrastructure, government contracts, turnkey building projects
- Stock Listing: NSE
- Key Strengths: Execution excellence, skilled manpower, quality and timeline focus, strong performance in railway sector
2. Products and Services
Giriraj Civil Developers Ltd offers a comprehensive suite of construction and engineering solutions, including:
- Railway Civil Construction: Specialist in railway station buildings, officer and staff residences, road over bridges (ROBs), foot over bridges (FOBs), car sheds, railway yards, fitting and laying of tracks, and other rail-related infrastructure.
- General Civil Construction: Execution of residential buildings (apartments, villas, townships), commercial complexes (offices, malls), and institutional spaces (schools, colleges, hospitals).
- Infrastructure Development: End-to-end road construction, including highways, expressways, and urban roads; bridge and flyover construction; urban utilities such as sewerage, drainage, and water supply systems.
- Industrial Construction: Factories, warehouses, and industrial estates, with particular expertise in turnkey, design-to-completion services.
- Turnkey and Project Management Services: Comprehensive management from planning and design through completion, with in-house quality control, safety commitment, and advanced project planning (cost, resource, timeline).
- Other Offerings: Urban infrastructure, landscaping, facility management, and maintenance for completed projects.
3. Recent News & Business Developments
- Giriraj Civil Developers has completed numerous high-profile government and private sector projects, reinforcing its reputation as a preferred contractor for railway and civic projects.
- The company consistently pursues modernization, project management upgrades, and expansion into new civil infrastructure verticals.
Major Project Wins:
- June 28, 2024: Secured a ₹181.45 crore contract from North Central Railway, Gwalior for major upgradation of Khajuraho Railway Station (EPC contract).
- May 24, 2023: Contractor for the ₹70 crore Jogeshwari Terminus project in Mumbai, which is 76% complete and expected to finish by June 2024.
4. Financial Performance (FY2025)
| Metric | FY2025 Value | FY2024 Value | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹295 crore | ₹135 crore | 119% |
| Net Profit | ₹18 crore | ₹10 crore | 80% |
| Operating Profit Margin (OPM) | 8% | — | — |
| Basic Earnings Per Share (EPS) | ₹7.47 | — | — |
| Dividend | Not declared | Not declared | — |