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Generic Engineering Construction and Projects Limited (GENCON)

₹32.87 -2.38% last close, 16 Oct

📊 NSE: GENCON 🏢 Construction 📢 Latest filing: 24 Sep 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Generic Engineering's revenue was ₹111 Cr (+4.1% year on year, +38.0% on the previous quarter), and net profit ₹1.9 Cr (-69.6% year on year); the operating margin was 6.8%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹111	+4.1%	+38.0%
Operating profit	₹7.5	-32.8%	-24.3%
Net profit	₹1.9	-69.6%	-23.0%
EPS (₹)	0.34	-68.8%	-20.9%
Operating margin	6.8%	—	—

Full quarterly financials → Results calendar →

GENCON delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 8.4% of the GENCON shares traded on NSE were taken to delivery, against the stock's own 20-session average of 22.64%. That is close to its usual level. Turnover was only ₹89 lakh, so a handful of trades can move this figure.

8.4%Delivery, 16 Oct

22.64%Own 20-session average

0.7×Volume vs its average

₹32.87NSE close · -2.38%

Delivery in the last 5 sessions: 4.6% · 34.3% · 30.0% · 26.1% · 8.4%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

GENCON Receives ROC Approval to Extend FY26 AGM by 2 Months to Nov 30, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Sep 2026, 11:09 AM

Generic Engineering Construction and Projects Limited (GENCON) has obtained approval from the Registrar of Companies (ROC), Mumbai, to extend the deadline for holding its Annual General Meeting (AGM) for FY26. The AGM, originally due by September 30, 2026, has been granted a 2-month extension up to November 30, 2026. The ROC order dated September 22, 2026, issued under Section 96(1) of the Companies Act, 2013, noted that the extension was approved based on reasons submitted by the company while advising future compliance.

AGM extension granted for a period of 2 months by ROC Mumbai
New AGM deadline shifted to November 30, 2026, from September 30, 2026
Application filed via SRN AC6158599 on September 17, 2026, and approved on September 22, 2026
ROC Mumbai issued an advisory to the company to remain careful with statutory compliance timelines in the future

💡 Track the announcement of the exact AGM date and check the forthcoming annual report for any disclosures explaining the delay.

GENCON Appoints Deepti Jain as Company Secretary and Compliance Officer

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Aug 2026, 11:29 AM

Generic Engineering Construction and Projects Limited has appointed Ms. Deepti Jain as Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 21, 2026. Ms. Jain is an Associate Member of the ICSI (Mem. No. A46200) with a background in Business Administration and corporate law. This is a statutory compliance appointment to fulfill regulatory requirements.

Appointment of Ms. Deepti Jain as Company Secretary & Compliance Officer effective August 21, 2026
Designated as Key Managerial Personnel (KMP) under Section 203 of Companies Act 2013
Appointee is an Associate Member of ICSI (Membership No. A46200)
Board meeting approving the appointment concluded at 06:00 PM on August 21, 2026

💡 Track ongoing quarterly financial performance and order book execution (INR 1,247.84 Cr), as this administrative appointment has no direct impact on operations.

Generic Engineering Appoints Deepti Jain as Company Secretary and Compliance Officer

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 24 Aug 2026, 11:21 AM

Generic Engineering Construction and Projects Limited announced the appointment of Ms. Deepti Jain as the Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 21, 2026. The appointment was approved by the Board of Directors upon the recommendation of the Nomination and Remuneration Committee. Ms. Jain is an Associate Member of the ICSI (Membership No. A46200) with a background in corporate and allied laws. This is a standard secretarial compliance appointment and has no direct financial impact on the company.

Appointment of Ms. Deepti Jain as Company Secretary & Compliance Officer effective August 21, 2026
Appointee holds ICSI Membership No. A46200 and a Bachelor of Business Administration degree
Board meeting concluded at 06:00 PM on August 21, 2026

💡 Track subsequent quarterly financial results and execution milestones against the ₹1,247.84 Cr order book.

GENCON Board Fails to Approve Q1 (June 30, 2026) Results; Fresh Meeting to Be Rescheduled

🔴 NEGATIVE ⭐ 6/10

BOARD_MEETING 📅 21 Aug 2026, 07:48 PM

Generic Engineering Construction and Projects Limited informed stock exchanges that its Board of Directors could not consider and approve the un-audited financial results for the quarter ended June 30, 2026 at its meeting held on August 13, 2026. The company stated that it is in the process of convening a subsequent board meeting at the earliest to approve the results. The trading window for designated insiders remains closed until 48 hours post-declaration of the results.

Un-audited standalone and consolidated results for the quarter ended June 30, 2026 were not approved at the August 13, 2026 board meeting.
Company is in the process of scheduling a fresh board meeting to consider and approve the pending Q1 results.
Trading window closure remains in effect until 48 hours following the eventual declaration of results.

💡 Track the upcoming exchange intimation for the rescheduled board meeting date and watch for any auditor qualifications or explanatory notes regarding the delay.

GENCON Shareholders Approve Appointment of Two Directors with 99.99% Majority

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 27 Jun 2026, 05:39 PM

Shareholders of Generic Engineering Construction and Projects Limited have approved the appointment of Mr. Rajesh Kumar Yadav as a Non-Executive Independent Director and Mrs. Shital Laxmikant Lokhande as an Executive Whole-Time Director. The resolutions were passed via postal ballot with over 99.99% of the votes cast in favor for both appointments. These appointments formalize the leadership structure as the company seeks to execute its substantial order book of Rs 1,247.84 Cr, which is approximately 4.1x its TTM revenue.

Appointment of Mr. Rajesh Kumar Yadav as Independent Director approved with 2,26,51,040 votes in favor (99.99%)
Appointment of Mrs. Shital Laxmikant Lokhande as Whole-Time Director approved with 2,26,51,034 votes in favor (99.99%)
The e-voting process concluded on June 25, 2026, with results declared on June 26, 2026
Only 26 to 32 votes were cast against the resolutions across both items
The company maintains an order book of Rs 1,247.84 Cr to be executed over the next 2-3 years

💡 Investors should monitor the company's quarterly execution efficiency and any updates on the diversification into new geographies like Karnataka and Gujarat.

GENCON Trading Window to Close from July 1, 2026, for Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 26 Jun 2026, 08:18 PM

Generic Engineering Construction and Projects Limited (GENCON) has announced the closure of its trading window starting July 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming Q1 FY27 results. The window will remain closed for all designated persons until 48 hours after the declaration of the un-audited financial results for the quarter ended June 30, 2026. This is a standard regulatory procedure observed by listed entities to prevent insider trading before earnings releases.

Trading window closure begins on July 1, 2026.
Closure is related to the un-audited financial results for the quarter ending June 30, 2026.
The window will reopen 48 hours after the official announcement of the financial results.
The restriction applies to all designated persons and their immediate relatives as per SEBI norms.

💡 No action is required as this is a routine regulatory filing. Investors should monitor the company's upcoming earnings release for actual performance metrics.

GENCON Approves FY26 Audited Financial Results; Auditors Issue Unmodified Opinion

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 26 Jun 2026, 08:10 PM

Generic Engineering Construction and Projects Limited (GENCON) has approved its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The statutory auditors, Bilimoria Mehta & Co., issued an unmodified opinion, indicating that the financial statements provide a true and fair view of the company's affairs. The consolidated results include the performance of its joint venture, Generic Bootes Construction LLP, which reported a negligible net loss of ₹0.10 Lakhs for the full year. The board meeting concluded on June 25, 2026, confirming the reliability of the reported financial data.

Board approved audited financial results for the quarter and year ended March 31, 2026.
Statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements.
The Group's share of net loss from its joint venture, Generic Bootes Construction LLP, was ₹0.10 Lakhs for FY26.
Quarterly figures for Q4 FY26 were derived as balancing figures between audited annual data and nine-month reviewed results.
The company confirmed compliance with Ind AS and SEBI Listing Obligations and Disclosure Requirements.

💡 Investors should review the detailed profit and loss statements to evaluate year-on-year revenue and margin growth. The unmodified audit opinion is a positive indicator of financial reporting integrity.

GENCON Delays Approval of Q4 and FY26 Audited Financial Results

🔴 NEGATIVE ⭐ 7/10

BOARD_MEETING 📅 09 Jun 2026, 11:47 AM

Generic Engineering Construction and Projects Limited (GENCON) has informed exchanges that its Board of Directors did not approve the audited financial results for the quarter and year ended March 31, 2026, during the meeting held on May 29, 2026. The company is currently in the process of scheduling a new board meeting to finalize these results. Consequently, the trading window for designated persons remains closed until 48 hours after the eventual declaration. This delay in reporting year-end financials often raises concerns regarding audit complexities or internal reporting timelines.

Board meeting held on May 29, 2026, failed to approve the Q4 and FY26 audited financial results.
The company is yet to announce a new date for the board meeting to consider and approve the results.
Trading window for designated persons remains closed until 48 hours post-declaration of results.
The delay affects both standalone and consolidated financial statements for the period ending March 31, 2026.

💡 Investors should exercise caution and monitor for the announcement of the new board meeting date, as delays in audited year-end results can sometimes indicate underlying accounting or operational issues.

Simran Agrawal Resigns as Company Secretary of Generic Engineering Construction (GENCON)

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 02 Jun 2026, 06:25 PM

Mrs. Simran Agrawal has resigned from her dual role as Company Secretary and Compliance Officer at Generic Engineering Construction and Projects Limited. The resignation was effective as of the closing hours on June 1, 2026. The company stated the departure is due to her decision to pursue career opportunities outside the organization. This change in Key Managerial Personnel (KMP) has been formally communicated to both the BSE and NSE.

Mrs. Simran Agrawal stepped down as Company Secretary and Compliance Officer effective June 1, 2026.
The resignation is attributed to the pursuit of external career opportunities.
The official notification was filed with stock exchanges on June 2, 2026, in compliance with SEBI Regulation 30.
The company is now expected to initiate the process of appointing a new Compliance Officer to ensure regulatory adherence.

💡 This is a routine administrative change and should not impact the company's business operations; investors should look for the announcement of a qualified successor.

GENCON Seeks Shareholder Approval for Appointment of Two Directors via Postal Ballot

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 27 May 2026, 07:41 PM

Generic Engineering Construction and Projects Limited (GENCON) has issued a postal ballot notice to seek shareholder approval for two key leadership appointments. The company proposes appointing Mr. Rajesh Kumar Yadav as a Non-Executive Independent Director and Mrs. Shital Laxmikant Lokhande as an Executive Whole-time Director, both for five-year terms effective from April 1, 2026. The remote e-voting period is scheduled from May 27, 2026, to June 25, 2026, with results expected by June 28, 2026.

Proposed appointment of Mr. Rajesh Kumar Yadav as Independent Director for a 5-year term starting April 1, 2026.
Proposed appointment of Mrs. Shital Laxmikant Lokhande as Executive Whole-time Director for a 5-year term.
Remote e-voting window is open from May 27, 2026, to June 25, 2026.
The cut-off date for determining shareholder eligibility to vote was May 22, 2026.
Both appointments are being proposed as Special Resolutions, requiring a 75% majority for approval.

💡 Investors should review the qualifications and experience of the proposed directors in the explanatory statement and ensure they cast their e-votes before the June 25 deadline.

GENCON Promoters Declare Zero Encumbrance on Equity Shares for FY 2025-26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 25 May 2026, 03:43 PM

Manish Ravilal Patel, on behalf of the promoter group of Generic Engineering Construction and Projects Limited (GENCON), has submitted a formal disclosure under SEBI (SAST) Regulations. The filing confirms that the promoter and promoter group have not created or invoked any encumbrance, directly or indirectly, on their equity shares during the financial year ended March 31, 2026. This annual declaration is a mandatory compliance requirement that provides transparency regarding the status of promoter-held shares. The absence of share pledges is generally viewed as a sign of financial stability and promoter confidence in the company.

Promoter group confirms zero equity shares were pledged or encumbered during the financial year ended March 31, 2026.
Compliance filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The declaration covers the entire promoter group, including Manish Ravilal Patel and D Ravilal Resource Management Private Limited.
The disclosure was submitted to both BSE and NSE as part of routine annual regulatory requirements.

💡 Investors can take comfort in the fact that the promoter group has not leveraged their shareholding, which reduces the risk of forced selling. No immediate action is required as this is a routine positive confirmation of shareholding status.

GENCON Executive Director Dhairya Manish Patel Resigns Effective May 5, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 06 May 2026, 05:15 PM

Generic Engineering Construction and Projects Limited (GENCON) has announced the resignation of Mr. Dhairya Manish Patel from his role as Executive Non-Independent Director. The resignation became effective at the close of business hours on May 5, 2026. The director cited preoccupation and other personal commitments as the primary reasons for his departure. The company confirmed that the outgoing director holds no other directorships in listed entities.

Resignation of Mr. Dhairya Manish Patel (DIN: 08909705) as Executive Non-Independent Director
Effective date of cessation is May 5, 2026
Reason for resignation cited as preoccupation and personal commitments
The outgoing director holds zero directorships or committee memberships in other listed companies

💡 Investors should monitor for the appointment of a replacement to ensure management continuity. This resignation appears routine and is unlikely to have a material impact on the company's operational performance.

GENCON Submits SEBI Regulation 74(5) Compliance Certificate for Q4 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 14 Apr 2026, 04:24 PM

Generic Engineering Construction and Projects Limited has filed its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018. The report, issued by the Registrar and Share Transfer Agent (RTA), covers the quarter ended March 31, 2026. The RTA confirmed that no physical share certificates were received for dematerialization during this period. This is a standard administrative filing required by Indian stock exchanges to ensure regulatory compliance.

Compliance certificate submitted for the quarter ended March 31, 2026.
Issued by Satellite Corporate Services Private Limited, the company's RTA.
Confirmed that zero physical certificates were received for dematerialization during the quarter.
The filing ensures adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

💡 No action is required as this is a routine regulatory filing with no impact on company fundamentals. Investors should monitor upcoming quarterly earnings for material performance updates.

GENCON Appoints New Directors, Elevates CFO to Board, and Announces Director Resignation

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 01 Apr 2026, 08:26 PM

Generic Engineering Construction and Projects Limited (GENCON) has revamped its board effective April 1, 2026. The company appointed Mr. Rajesh Kumar Yadav, a veteran with 35 years of experience in the oil and gas sector, as an Independent Director for a 5-year term. Simultaneously, the current CFO, Mrs. Shital Laxmikant Lokhande (an IIM Ahmedabad alumna), has been elevated to the role of Whole-Time Director for 5 years. These appointments coincide with the resignation of Ms. Namita Ravindra Talele from her position as a Non-Executive Director.

Appointment of Mr. Rajesh Kumar Yadav as Independent Director for a 5-year term, bringing 35 years of industrial experience.
Elevation of CFO Mrs. Shital Laxmikant Lokhande to Whole-Time Director for a 5-year tenure.
Resignation of Ms. Namita Ravindra Talele as Non-Executive Non-Independent Director effective April 1, 2026.
Appointments are subject to shareholder approval via an upcoming postal ballot process.

💡 Investors should monitor the upcoming postal ballot for shareholder approval of these appointments, which appear to strengthen the board's professional expertise. The elevation of the CFO to the board suggests a focus on tighter financial oversight and strategic planning.

GENCON Trading Window to Close from April 1 for Q4 and FY26 Audited Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Mar 2026, 11:57 AM

Generic Engineering Construction and Projects Limited (GENCON) has announced the closure of its trading window starting April 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of audited financial results for the quarter and year ending March 31, 2026. The window will remain closed for all designated persons and will reopen 48 hours after the results are made public. This is a standard regulatory procedure for listed companies in India.

Trading window closure commences on April 1, 2026.
Closure is related to the Audited Financial Results for the quarter and year ended March 31, 2026.
The restriction applies to all designated persons as per the Company's internal code of conduct.
Trading window will reopen 48 hours after the official declaration of the financial results.

💡 No immediate action is required as this is a routine regulatory filing. Investors should monitor the company's upcoming earnings release for actual performance data.

View All GENCON Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total operating income grew 4.37% YoY to INR 302.02 Cr in FY25. Segmental split (legacy) includes Residential (66.8%), Commercial & Industrial (12.4%), Special Projects (11.7%), and Health & Leisure (8.9%).

Geographic Revenue Split

Operations are majorly concentrated in Maharashtra, particularly Navi Mumbai. The company is diversifying into Karnataka, Gujarat, Goa, and Himachal Pradesh to mitigate localized risks.

Profitability Margins

Gross profitability improved with EBITDA margins rising from 9.68% to 12.01% in FY25. Net Profit Ratio stood at 4.02% in FY25, up from 3.85% in FY24, driven by better realization and stable costs.

EBITDA Margin

EBITDA margin was 12.01% in FY25, a significant YoY improvement from 9.68% due to steady execution of high-margin orders and effective cost management.

Capital Expenditure

Historical PPE stood at INR 63.9 Cr. Planned CAPEX is limited to maintain a healthy financial risk profile, though the company incorporated a new Joint Venture LLP, Generic Bootes, in FY25.

Credit Rating & Borrowing

Crisil assigned a 'Negative' outlook due to stretched liquidity, while Infomerics and CareEdge maintain 'Stable' outlooks. Interest coverage ratio is comfortable at 3.36x in FY25.

⚙️ Operational Drivers

Raw Materials

Key raw materials include cement, steel, and labor, which are subject to price volatility and represent a significant portion of construction costs.

Import Sources

Raw materials are primarily sourced domestically within India, specifically from regions like Maharashtra and Gujarat where projects are located.

Key Suppliers

Suppliers include various domestic cement and steel manufacturers; specific company names are not disclosed in the provided documents.

Capacity Expansion

Current execution capacity is reflected in the INR 1,247.84 Cr order book (4x revenue). Expansion is achieved through geographic diversification and the new Generic Bootes JV.

Raw Material Costs

Raw material costs are partially mitigated through price escalation clauses in customer contracts, protecting the 12.01% EBITDA margin from sudden price spikes.

Manufacturing Efficiency

ROCE improved significantly by 43.95% YoY, reaching 10.24% in FY25 from 7.12% in FY24, indicating improved capital efficiency.

Logistics & Distribution

Distribution costs are managed as part of project execution expenses; specific percentages of revenue are not disclosed.

📈 Strategic Growth

Expected Growth Rate

20%

Growth Strategy

Growth will be achieved by executing the INR 1,247.84 Cr order book over the next 2-3 years, expanding into niche segments like healthcare, and leveraging the INR 11.21 lakh Cr government infrastructure outlay.

Products & Services

Civil construction services for residential complexes, industrial buildings, hospitals, and automotive showrooms for brands like BMW, Toyota, and Maruti Suzuki.

Brand Portfolio

GENCON, Generic Engineering Construction and Projects Limited.

New Products/Services

Incorporation of Generic Bootes JV LLP in FY25 to explore new infrastructure and construction project opportunities.

Market Expansion

Expanding beyond the core Maharashtra market into Karnataka, Gujarat, Goa, and Himachal Pradesh to reduce geographical concentration risk.

Market Share & Ranking

Highest market share of contracting business in Navi Mumbai, having delivered more than 300 industrial buildings in that region.

Strategic Alliances

Strategic Joint Venture LLP named Generic Bootes was incorporated during the financial year 2024-25.

🌍 External Factors

Industry Trends

The industry is benefiting from a 2.4x GDP multiplier effect from infrastructure spending. Trends show a shift toward specialized niche segments like health and leisure.

Competitive Landscape

Intense competition from both large organized EPC players and small unorganized local contractors restricts pricing flexibility.

Competitive Moat

Moat is sustained by a 30-year track record, 50+ years of promoter experience, and a dominant reputation in the Navi Mumbai industrial construction market.

Macro Economic Sensitivity

Highly sensitive to government infrastructure spending; the Union Budget 2025-26 allocation of INR 11.21 lakh Cr (3.1% of GDP) is a major tailwind.

Consumer Behavior

Increased demand for high-quality healthcare and industrial infrastructure is driving the company's project mix.

Geopolitical Risks

Geopolitical tensions could disrupt supply chains for raw materials; localized socio-political upheavals in Maharashtra could hamper performance.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with Section 92(3) and 134(3)(a) of the Companies Act, 2013, and SEBI Listing Obligations (LODR) Regulations 2015.

Environmental Compliance

The company maintains a CSR policy; legacy documents show a CSR expenditure of INR 3.53 Cr to comply with regulations.

Taxation Policy Impact

Effective tax rate is approximately 24.8%, with INR 4.8 Cr tax paid on a standalone PBT of INR 19.3 Cr in FY25.

Legal Contingencies

No material or serious observations reported by auditors; no reported instances of fraud by officers or employees during the review period.

⚠️ Risk Analysis

Key Uncertainties

Working capital intensity is a major risk, with Gross Current Assets (GCA) exceeding 400 days in some reports and receivables overdue for >180 days exceeding INR 50 Cr.

Geographic Concentration Risk

Significant concentration in Maharashtra (Navi Mumbai), exposing the company to localized policy changes and construction slowdowns in the region.

Third Party Dependencies

High dependency on top 5 clients for >50% of the order book and on private real estate players for 68% of total orders.

Technology Obsolescence Risk

The company relies on its 'technical expertise' as a competitive advantage; failure to update construction technologies could lead to project delays.

Credit & Counterparty Risk

Exposure to private real estate players (68%) and government entities (32%). Provisions of INR 2.18 Cr were previously made for expected credit losses.