---
title: "Goel Construction Company Ltd (544504) — Share Price, Financials & Analysis"
symbol: "544504"
company: "Goel Construction Company Ltd"
canonical: "https://tapetide.com/stocks/544504"
isin: "INE0ZOM01013"
nse_symbol: "GOELCONSTRUCTIONCOMPANYLTD"
bse_code: "544504"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 577.1
generated_at: "2026-09-13T18:27:40.877Z"
---

# Goel Construction Company Ltd (544504)

Canonical page: https://tapetide.com/stocks/544504

## Company

- **NSE Symbol:** GOELCONSTRUCTIONCOMPANYLTD
- **BSE Code:** 544504
- **ISIN:** INE0ZOM01013
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-09-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** goelconstruction.co.in

## About

Incorporated in 1997, Goel Construction Company Limited (GCCL) is a construction and infrastructure company with a strong presence across multiple sectors.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:36:30.128671Z.

- **Market Cap:** ₹577.1 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹175.83
- **Price to Book:** 2.27
- **Dividend Yield:** 0%
- **ROE:** 18.21%
- **ROCE:** 27.82%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹665.3 Cr
- **Net Income:** ₹46.3 Cr
- **EBITDA:** ₹81.3 Cr
- **52-Week High:** ₹505.5
- **52-Week Low:** ₹249.25
- **RSI (14):** 41.06

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 81%
- **Data coverage:** 62%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 54.02 | 9% |
| growth | 39.33 | 9% |
| momentum | 67.78 | 12% |
| ownership | 49.91 | 24% |
| quality | 69.94 | 22% |
| valuation | 60.02 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 44.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.5%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 26.2 to 39.0 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 63.85% | 30.2% | 202.02% |
| ebitda margin growth | 16.51% | 21.61% | 25.75% |
| net income growth | 20.89% | 47% | 44% |
| revenue growth | 11.95% | 34% | 33% |
| roce | -23.97% | -5.12% | 27.96% |
| roe | -37.47% | 23.87% | -5.45% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 272 | 318 | 245 | 412 |
| Expenses | 247 | 285 | 218 | 366 |
| Operating Profit | 25 | 32 | 28 | 45 |
| OPM % | 9 | 10 | 11 | 11 |
| Other Income | 2 | 2 | 3 | 5 |
| Interest | 1 | 2 | 5 | 5 |
| Depreciation | 4 | 4 | 4 | 5 |
| Profit before tax | 22 | 29 | 22 | 40 |
| Tax % | 25 | 26 | 25 | 26 |
| Net Profit | 17 | 22 | 17 | 29 |
| EPS in Rs | 162.31 | 18.96 | 11.6 | 20.41 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 159 | 206 | 271 | 386 | 590 | 657 |
| Expenses | 145 | 187 | 247 | 350 | 532 | 584 |
| Operating Profit | 15 | 19 | 24 | 36 | 58 | 73 |
| OPM % | 9 | 9 | 9 | 9 | 10 | 11 |
| Other Income | 1 | 2 | 2 | 3 | 4 | 8 |
| Interest | 2 | 2 | 2 | 3 | 3 | 10 |
| Depreciation | 3 | 4 | 4 | 6 | 8 | 9 |
| Profit before tax | 10 | 14 | 19 | 30 | 51 | 62 |
| Tax % | 26 | 24 | 24 | 25 | 26 | 25 |
| Net Profit | 7 | 11 | 14 | 23 | 38 | 46 |
| EPS in Rs | 70.56 | 105.4 | 138.4 | 219.13 | 33.72 | 32.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 | 11 | 14 |
| Reserves | 45 | 56 | 70 | 92 | 120 | 240 |
| Borrowings | 36 | 35 | 29 | 31 | 29 | 8 |
| Other Liabilities | 31 | 31 | 106 | 96 | 105 | 193 |
| Total Liabilities | 113 | 123 | 205 | 220 | 265 | 455 |
| Fixed Assets | 35 | 37 | 55 | 65 | 77 | 100 |
| CWIP | 0 | 0 | 0 | 1 | 4 | 3 |
| Investments | 0 | 2 | 9 | 7 | 23 | 64 |
| Other Assets | 78 | 84 | 141 | 147 | 162 | 288 |
| Total Assets | 113 | 123 | 205 | 220 | 265 | 455 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 13 | 21 | 24 | 48 | 38 | 63 |
| Cash from Investing Activity | -7 | -13 | -37 | -36 | -33 | -101 |
| Cash from Financing Activity | -4 | -3 | 7 | -1 | -5 | 45 |
| Net Cash Flow | 2 | 4 | -7 | 11 | 0 | 6 |
| Free Cash Flow | 8 | 14 | 2 | 32 | 16 | 32 |
| CFO/OP | 92 | 123 | 121 | 154 | 88 | 107 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 36 | 28 | 31 | 22 | 17 | 39 |
| Inventory Days | 1180 | — | — | 69 | 24 | 94 |
| Days Payable | 726 | — | — | 267 | 74 | 94 |
| Cash Conversion Cycle | 491 | 28 | 31 | -175 | -33 | 39 |
| Working Capital Days | 1 | -13 | -7 | -11 | -10 | 1 |
| ROCE % | — | 19 | 22 | 30 | 39 | 34 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 97.7% | 71.83% | 71.83% | 71.83% |
| FIIs | 0% | 3.89% | 2.92% | 2.28% |
| DIIs | 0% | 8.47% | 6.09% | 6.47% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0.97% | 14.43% | 13.32% | 14.12% |
| Others | 1.34% | 1.37% | 5.84% | 5.3% |
| No. of Shareholders | 23 | 2161 | 2161 | 1095 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 412.84 | Sell |
| EMA (10) | 412.34 | Sell |
| SMA (20) | 413.96 | Sell |
| EMA (20) | 419.39 | Sell |
| SMA (50) | 446.04 | Sell |
| EMA (50) | 425.63 | Sell |
| SMA (100) | 411.12 | Sell |
| EMA (100) | 408.04 | Sell |
| SMA (200) | 354 | Buy |
| EMA (200) | 370.91 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.55 | Neutral |
| MACD (12,26,9) | -9.28 | Buy |
| Stochastic (14,3,3) | 27.16 | Neutral |
| ADX (14) | 11.96 | Neutral |
| Williams %R (14) | -80.47 | Buy |
| ATR (14) | 17.21 | High Volatility |
| ROC (12) | -0.99 | Sell |
| Stoch RSI (14) | 31.13 | Neutral |
| UO (7,14,28) | 40.33 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1579e98-0f3d-46a3-bf6d-9578f24b4caf.pdf) |
| 2026-09-08 | [Announcement Under Regulation 30 (LODR)-Change In Contact Number](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6680de01-d3b9-42bc-a567-3d1cf1ba012f.pdf) |
| 2026-09-02 | [Scrutinizer Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49248bc7-24ba-4a00-9d7b-ea5351093d94.pdf) |
| 2026-08-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c160d9e-c6da-470e-95fd-fc32ae03aaa4.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d79b819d-576c-4ba7-be58-3122f6ce3c7a.pdf) |
| 2026-08-10 | [Letter Sent To Members Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f774594-20d3-410f-a88e-ecf97c02f0fb.pdf) |
| 2026-08-08 | [29Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7c27b36-2bb4-46b2-a1a2-42ebbe2bcfca.pdf) |
| 2026-08-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b97df3f0-bb5b-4fbb-934e-b08b531621a6.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b20ef5f-8a32-4e42-b0a1-d669282d3cc6.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 07.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5e81903-2391-4fda-bf9d-d04fb7eb7869.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-18 | [Financial Results For The Half Year And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e296ed9-0edc-4a59-b0ff-69f1a9d225f4.pdf) |
| 2025-11-05 | [Financial Results For The Half Year Ended On September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c676f8d-236f-4b44-9769-490a336a30db.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18635024-bdff-417d-8884-35b361d2d5dd.pdf) |
| 2025-11-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfb73ce9-2946-4f4e-b048-527d3737b6c9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Company confirms it is not a Large Corporate under SEBI debt disclosure norms. | [Disclosure Pertaining To Non-Applicability Of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021 Regarding Borrowings By Large Corporates 9 Apr - Company confirms it is not a Large Corporate under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ddd276a-8eaa-4eb1-8239-f51005a0df77.pdf) |
| 7 Apr - Goel Construction says Regulation 24A not applicable for FY ended March 31, 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 7 Apr - Goel Construction says Regulation 24A not applicable for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7a8fbd1-d342-4686-865d-3cf172a1032d.pdf) |
| 6 Mar - CRISIL assigned CRISIL A-/Stable (LT) and A2+ (ST) to ₹150 Crore bank facilities. | [CRISIL Rating Update 6 Mar - CRISIL assigned CRISIL A-/Stable (LT) and A2+ (ST) to ₹150 Crore bank facilities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5EF82E85-3132-427F-84EA-036D0D2D0F78-111916.pdf) |
| 6 Feb - Board meeting Feb 12, 2026 to approve unaudited Q3 results (ended Dec 31, 2025); trading window remains closed. | [Board Meeting Intimation for Considering And Approving The Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended December 31, 2025 6 Feb - Board meeting Feb 12, 2026 to approve unaudited Q3 results (ended Dec 31, 2025); trading window remains closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3271ae76-0e98-4308-971f-8cba491b073c.pdf) |
| 5 Jan - Compliance Certificate dated January 01, 2026 issued by MUFG Intime India Private Limited, Registrar & Transfer Agent (RTA)of the company confirming the compliance of Regulation … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Compliance Certificate dated January 01, 2026 issued by MUFG Intime India Private Limited, Registrar & Transfer Agent (RTA)of the company confirming the compliance of Regulation …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14585b09-4f5e-497e-838c-6aaaedcb2f99.pdf) |
| 3 Apr - Compliance certificate dated April 01, 2026 issued by MUFG Intime India Private Limited, Registrar & Transfer Agent (RTA) of the company confirming the compliance of … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr - Compliance certificate dated April 01, 2026 issued by MUFG Intime India Private Limited, Registrar & Transfer Agent (RTA) of the company confirming the compliance of …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05286f38-6e30-4f68-9a96-83effc0abfe4.pdf) |
| 2d - Board meets on 18 May 2026 to approve audited standalone results and deviation statement. | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations 2d - Board meets on 18 May 2026 to approve audited standalone results and deviation statement.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/53e41ac0-4a7e-497b-a77c-e44c2ae5c5cb.pdf) |
| 18 Nov 2025 - Secured ₹173.25 Crore civil works order from Aditya Birla Group for Pali Cement unit, 13-month execution. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Nov 2025 - Secured ₹173.25 Crore civil works order from Aditya Birla Group for Pali Cement unit, 13-month execution.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88f3826b-a19d-4c6b-b0a7-2251ab58c602.pdf) |
| 18 Mar - Independent director Sushil Kumar Wali appointed (Mar 18, 2026–Mar 17, 2029); Chaman Lal resigned; secretarial auditor appointed. | [Announcement under Regulation 30 (LODR)-Resignation of Director 18 Mar - Independent director Sushil Kumar Wali appointed (Mar 18, 2026–Mar 17, 2029); Chaman Lal resigned; secretarial auditor appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/725e8e2d-82ab-4ab8-bb91-ce775b7cb999.pdf) |
| 18 Mar - Board appointed Sushil Kumar Wali (18 Mar 2026–17 Mar 2029); Chaman Lal resigned; secretarial auditor appointed. | [Announcement Under Regulation 30 (LODR)- Appointment Of Secretarial Auditor 18 Mar - Board appointed Sushil Kumar Wali (18 Mar 2026–17 Mar 2029); Chaman Lal resigned; secretarial auditor appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afbd316b-15aa-4ce7-9ef1-609e7c31febc.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfb73ce9-2946-4f4e-b048-527d3737b6c9.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50ba936e-630c-4549-a8d2-efc459ef84c6.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7927931-4393-4e8f-b286-d0b25ee83bfa.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18635024-bdff-417d-8884-35b361d2d5dd.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/18635024-bdff-417d-8884-35b361d2d5dd.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/64a06d56-f49b-4bef-b6f2-4fde50b3d71b.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0752db84-850b-449d-9db9-6a8561b1a2ad.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4df4e95-1786-42fe-b333-b453c2d974f0.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02e37983-ce36-42f9-b7dc-a7d766100cd5.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2953062-7cb5-4a37-834a-5a6bc1d0b110.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b97df3f0-bb5b-4fbb-934e-b08b531621a6.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55c363e5-1655-4058-926f-6225a726bf42.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc7cc18a-2b12-46d1-b943-db7350681c21.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c0196b6-deb9-4091-b6cb-3fe0fb8ce0b3.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/73435512161.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/71901512161.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/66405512161.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/5121610319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/5121610318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/512161/5121610317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:27:40.877Z.