GENCON
Generic Engineering Construction and Projects financials
- Market cap
- ₹238 Cr
- Sector
- Realty
What Generic Engineering Construction and Projects Limited does
Generic Engineering Construction and Projects Limited is a civil construction and infrastructure-development company that builds structures for clients under three delivery models: General Contracting (full core-and-shell to finishes execution), EPC (design, procurement, construction and commissioning under one roof) and PMC (project-management consultancy through a project's lifecycle). It executes contracts across residential (affordable and mass housing, high-rise), commercial (IT parks, offices, malls, data centres, auto showrooms), industrial (factories, warehouses, workshops), health & leisure (hospitals, hotels), educational institutions and special projects such as cold-storage facilities engineered down to -40°C. Work is concentrated in the Mumbai Metropolitan Region, with a wider pan-India footprint spanning Maharashtra, Karnataka, Gujarat, Himachal Pradesh and Goa.
Segments
- Residential
- Commercial
- Industrial
- Health & Leisure
- Educational Institutes
- Special Projects
- States of operation
- 5 (Maharashtra, Karnataka, Gujarat, Himachal Pradesh, Goa)
- Delivery models offered
- 3 (General Contracting, EPC, PMC)
- Business verticals
- 6 (Residential, Commercial, Industrial, Health & Leisure, Educational, Special Projects)
- Industrial buildings delivered (Navi Mumbai)
- 300+
- Typical project ticket size
- ₹25 crore to ₹500 crore
- Architect tie-ups
- 15
Quarterly results
Q4 FY26: revenue up 4.1%, net profit down 69.6% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 51 | 93 | 107 | 52 +3% | 62 +20% | 81 −14% | 111 +4% |
| EBITDA | 8 | 9 | 8 | 11 | 9 +10% | 8 −10% | 10 +23% | 8 −33% |
| Net profit | 2 | 2 | 2 | 6 | 2 +2% | 2 +0% | 2 +35% | 2 −70% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −5.4% 1Y
1Y: ₹43.33 on 10 Sept 2025 → ₹41.01. High ₹58.67 (24 Feb 2026), low ₹36.77 (11 Jun 2026).
Financials, as filed
Revenue grew 3.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 11.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹273 Cr | ₹268 Cr | ₹302 Cr | ₹305 Cr |
| Operating profit | ₹41 Cr | ₹27 Cr | ₹36 Cr | ₹34 Cr |
| Operating margin | 15.2% | 10.1% | 12.0% | 11.2% |
| Interest | ₹11 Cr | ₹10 Cr | ₹13 Cr | ₹11 Cr |
| Depreciation | ₹11 Cr | ₹11 Cr | ₹13 Cr | ₹14 Cr |
| Net profit | ₹15 Cr | ₹13 Cr | ₹12 Cr | ₹9 Cr |
| Net margin | 5.6% | 4.8% | 4.0% | 2.8% |
| Cash from operations | ₹11 Cr | ₹6 Cr | ₹9 Cr | — |
| Free cash flow | ₹-10 Cr | ₹1 Cr | ₹5 Cr | — |
| ROCE | 11.0% | 7.0% | 8.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹21 Cr | ₹21 Cr | ₹21 Cr | ₹27 Cr | ₹27 Cr | ₹28 Cr |
| Reserves | ₹156 Cr | ₹159 Cr | ₹177 Cr | ₹225 Cr | ₹236 Cr | ₹260 Cr |
| Borrowings | ₹41 Cr | ₹47 Cr | ₹52 Cr | ₹59 Cr | ₹68 Cr | ₹68 Cr |
| Other liabilities | ₹40 Cr | ₹44 Cr | ₹68 Cr | ₹74 Cr | ₹133 Cr | ₹122 Cr |
| Total liabilities | ₹258 Cr | ₹271 Cr | ₹318 Cr | ₹386 Cr | ₹463 Cr | ₹478 Cr |
| Fixed assets | ₹75 Cr | ₹84 Cr | ₹96 Cr | ₹97 Cr | ₹91 Cr | ₹97 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹5 Cr | ₹5 Cr | ₹13 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹183 Cr | ₹185 Cr | ₹221 Cr | ₹284 Cr | ₹368 Cr | ₹368 Cr |
| Total assets | ₹258 Cr | ₹271 Cr | ₹318 Cr | ₹386 Cr | ₹463 Cr | ₹478 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, the public trimmed −0.64 pp while FIIs added +0.56 pp. The shareholder count shrank 16% to 10,830.
- Promoters
- 40.3%
- FIIs
- 0.6%
- DIIs
- 0.1%
- Public
- 59.0%
Since Mar 2025
- Public −0.64 pp
- FIIs +0.56 pp
- DIIs +0.08 pp
How it drifted, 12 quarters
Over this window the public went from 53.2% to 59.0% — +5.8 pp.
Ownership split by quarter, oldest first. Jun '23: Promoters 43.3%, FIIs 3.5%, Public 53.2%.Sep '23: Promoters 43.3%, FIIs 3.4%, Public 53.3%.Dec '23: Promoters 43.3%, FIIs 0.5%, Public 56.2%.Mar '24: Promoters 43.3%, FIIs 0.3%, Public 56.4%.Jun '24: Promoters 43.3%, FIIs 0.3%, Public 56.4%.Sep '24: Promoters 40.3%, FIIs 0.0%, Public 59.7%.Dec '24: Promoters 40.3%, FIIs 0.0%, Public 59.7%.Mar '25: Promoters 40.3%, FIIs 0.1%, Public 59.6%.Jun '25: Promoters 40.3%, Public 59.7%.Sep '25: Promoters 40.3%, FIIs 0.0%, Public 59.7%.Dec '25: Promoters 40.3%, FIIs 0.3%, Public 59.4%.Mar '26: Promoters 40.3%, FIIs 0.6%, DIIs 0.1%, Public 59.0%.
Who bought this quarter
since Dec 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited newly disclosed 4.88% held
- Filtron Engineering Limited Open Offer Escrow Account Operat newly disclosed 2.81% held
- Anant Wealth Consultants +1.93 pp 4.35% held
- L7 Securities Private Limited newly disclosed 1.09% held
- Jayant Wealth Management Private Limited +0.33 pp 1.59% held
- Niraj Rajnikant Shah +0.16 pp 1.55% held
- Harshad Rasiklal Sheth +0.16 pp 1.17% held
The same filing shows 1 holder trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Generic Engineering Construction and Projects Limited above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| D Ravilal Resource Management Private Limited | 36.82% | unchanged |
| L7 Hitech Private Limited | 4.88% | newly disclosed |
| Anant Wealth Consultants | 4.35% | +1.93 pp |
| Filtron Engineering Limited Open Offer Escrow Account Operat | 2.81% | newly disclosed |
| Trupti Tarak Gor | 2.18% | unchanged |
| Jayesh Sheshmal Rawal | 1.80% | unchanged |
| Sudha Hasmukmlal Gandhi | 1.76% | unchanged |
| Jayant Wealth Management Private Limited | 1.59% | +0.33 pp |
| Manish Upendra Shanghvi | 1.58% | −0.21 pp |
| Niraj Rajnikant Shah | 1.55% | +0.16 pp |
| Dilip Jeram Bhai Patel | 1.47% | unchanged |
| Harshad Rasiklal Sheth | 1.17% | +0.16 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Generic Engineering Construction and Projects Limited
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