Garuda also provides services such as operations and maintenance services (O&M) and Mechanical, Electrical, and Plumbing (MEP) services and finishing works as a part of the company's construction services.
Garuda provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure, and industrial projects.
Garuda’s superior financial performance, including an industry-leading ROE and ROCE of 36.14 per cent and 46.69 per cent in FY24, as well as its almost debt-free status, makes it stand out among its peers, ensuring that it is well-positioned to capture new opportunities in the Indian construction market," said the brokerage in its report.
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