Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹163 Cr.
Stock P/E
13.4
P/B
0.6
Current Price
₹28.6
Book Value
₹ 51.4
Face Value
5
52W High
₹60
52W Low
₹ 27.1
Dividend Yield
0%

Generic Eng. & Const Overview

Business

Generic Engineering Construction And Projects Ltd. (GENCON) is an Indian engineering, procurement, and construction (EPC) company. It undertakes civil construction, structural fabrication, and mechanical erection work for a variety of projects. The core business model involves bidding for and executing contracts in the infrastructure and industrial sectors. The company primarily generates revenue through project milestones and completion payments from clients, which include government bodies, public sector undertakings, and private corporations.

Revenue Mix

While specific revenue contributions are not publicly available without financial reports, companies in this sector typically have segments based on project type. GENCON's operations likely span:

Industrial Projects: Construction of factories, manufacturing units, power plants, and other industrial facilities.

Infrastructure Projects: Development of roads, bridges, commercial buildings, residential complexes, and other public/private infrastructure.

The mix would depend on the company's order book and strategic focus in a given period.

Industry

The Indian engineering and construction industry is vast, highly competitive, and largely fragmented, with numerous national and regional players. It is cyclical and heavily influenced by government spending on infrastructure and private sector capital expenditure. GENCON likely operates as a mid-tier player, competing with larger, well-established EPC firms for significant projects, while also contending with smaller, regional players on specific tenders. Its positioning would be defined by its execution capabilities, technical expertise in specific niches, and track record.

MOAT

For a company like GENCON, durable competitive advantages (moats) are often difficult to establish, especially for mid-tier firms in a commoditized service industry. Potential advantages, often more tactical than deep moats, could include:

Execution Capabilities: A proven track record of timely and quality project delivery.

Client Relationships: Long-standing relationships with government agencies or key industrial clients, leading to repeat business.

Specialized Expertise: Niche technical capabilities in specific construction areas (e.g., complex industrial structures, specialized foundations).

Cost Efficiency: Ability to execute projects at a competitive cost base, driven by efficient resource management and supply chain.

Growth Drivers

Government Infrastructure Push: The Indian government's continued focus and increased allocation towards infrastructure development (roads, railways, ports, urban infrastructure) provide a robust pipeline of projects.

Manufacturing & Industrial Growth: Initiatives like "Make in India" and increased private sector capital expenditure in manufacturing and industrial sectors drive demand for factory and plant construction.

Urbanization & Housing: Growing urbanization and demand for affordable and commercial housing contribute to building construction opportunities.

Order Book Expansion: Successful bidding and securing new, larger, and more complex projects will be a primary driver of top-line growth.

Risks

Cyclicality: The construction sector is highly cyclical, sensitive to economic slowdowns, interest rate changes, and government policy shifts.

Execution Risks: Project delays, cost overruns, challenges in procuring raw materials, and labor shortages can significantly impact profitability.

Intense Competition: The fragmented nature of the industry leads to aggressive bidding, putting pressure on profit margins.

Regulatory & Environmental Clearances: Delays in obtaining approvals and permits can stall projects and increase costs.

Working Capital Management: Construction projects typically have long cycles and significant working capital requirements, which can strain liquidity.

Payment Delays: Risk of delayed payments from clients, especially government entities, impacting cash flow.

Management & Ownership

Generic Engineering Construction And Projects Ltd. is typically a promoter-led company, common for many Indian businesses. The quality of management, especially in the construction sector, is critical for project execution, cost control, and managing complex stakeholder relationships. Promoter holding is likely significant, indicating a vested interest in the company's long-term performance. The board would typically include independent directors, but strategic direction and operational control often rest with the promoter group.

Outlook

GENCON operates in a dynamic sector with significant tailwinds from India's ongoing infrastructure development and industrial expansion. This presents substantial opportunities for order book growth and revenue generation. However, the company faces inherent challenges common to the construction industry, including intense competition, sensitivity to economic cycles, and considerable execution risks related to project delays and cost management. Its ability to maintain profitability will depend on prudent bidding, efficient project execution, effective working capital management, and building strong client relationships amidst a competitive landscape.

Generic Eng. & Const Share Price

Live · BSE / NSE · Inception: 1994
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Generic Eng. & Const Quarterly Results

#(Fig in Cr.) Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 93 107 52 62 81 111
Other Income 1 7 0 2 0 2
Total Income 94 114 52 64 81 113
Total Expenditure 85 96 43 53 71 104
Operating Profit 9 18 9 10 10 9
Interest 3 3 2 4 3 2
Depreciation 3 5 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 3 10 3 3 4 4
Provision for Tax 1 4 1 0 2 2
Profit After Tax 2 6 2 2 2 2
Adjustments 0 -0 0 -0 0 -0
Profit After Adjustments 2 6 2 2 2 2
Adjusted Earnings Per Share 0.3 1.1 0.4 0.4 0.4 0.3

Generic Eng. & Const Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 289 302 306
Other Income 5 8 4
Total Income 294 310 310
Total Expenditure 261 266 271
Operating Profit 33 45 38
Interest 11 13 11
Depreciation 11 13 12
Exceptional Income / Expenses 0 0 0
Profit Before Tax 11 19 14
Provision for Tax 0 7 5
Profit After Tax 11 12 8
Adjustments 0 0 0
Profit After Adjustments 11 12 8
Adjusted Earnings Per Share 2.1 2.1 1.5

Generic Eng. & Const Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 263 284
Minority's Interest 0 0
Borrowings 2 0
Other Non-Current Liabilities -5 4
Total Current Liabilities 211 169
Total Liabilities 471 457
Fixed Assets 80 93
Other Non-Current Assets 37 35
Total Current Assets 354 330
Total Assets 471 457

Generic Eng. & Const Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 14 11
Cash Flow from Operating Activities 6 9
Cash Flow from Investing Activities -7 11
Cash Flow from Financing Activities -1 -15
Net Cash Inflow / Outflow -3 5
Closing Cash & Cash Equivalent 11 16

Generic Eng. & Const Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.1 2.13
CEPS(Rs) 4.13 4.35
DPS(Rs) 0.05 0
Book NAV/Share(Rs) 48.73 49.92
Core EBITDA Margin(%) 9.68 12.01
EBIT Margin(%) 7.58 10.57
Pre Tax Margin(%) 3.89 6.18
PAT Margin (%) 3.85 4.02
Cash Profit Margin (%) 7.57 8.21
ROA(%) 2.37 2.62
ROE(%) 4.31 4.47
ROCE(%) 6.64 9.49
Receivable days 147.71 143.62
Inventory Days 100.86 95.84
Payable days 430.24 1210.79
PER(x) 17.92 13.53
Price/Book(x) 0.77 0.58
Dividend Yield(%) 0.13 0
EV/Net Sales(x) 0.89 0.68
EV/Core EBITDA(x) 7.83 4.62
Net Sales Growth(%) 0 4.37
EBIT Growth(%) 0 45.48
PAT Growth(%) 0 8.91
EPS Growth(%) 0 1.37
Debt/Equity(x) 0.26 0.2
Current Ratio(x) 1.68 1.96
Quick Ratio(x) 1.3 1.49
Interest Cover(x) 2.05 2.41
Total Debt/Mcap(x) 0.34 0.35

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +4% — — —
Operating Profit CAGR +36% — — —
PAT CAGR +9% — — —
Share Price CAGR -30% -17% -8% +4%
ROE Average +4% +4% +4% +4%
ROCE Average +9% +8% +8% +8%

Generic Eng. & Const Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 40.3 %
FII 0.64 %
DII (MF + Insurance) 0.08 %
Public (retail) 58.97 %
Others 0.01 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 43.343.343.340.340.340.340.340.340.340.3
FII 0.510.330.330.010.030.0800.010.340.64
DII 0000000000.08
Public 56.1856.3756.3759.6959.6759.6259.6959.6959.3658.97
Others 0000000000
Total 100100100100100100100100100100

Generic Eng. & Const Peer Comparison

Engineering - Construction Edit Columns

Generic Eng. & Const Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Generic Eng. & Const Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 40.3%.
  • Company has a low return on equity of 4% over the last 3 years.
  • Debtor days have increased from 430.24 to 1210.79days.
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