Gammon India Ltd

Gammon India Ltd

₹ 1.65 -2.94%
10 Sep 2018
About

Gammon India is one of the largest infrastructure companies in India with several multifarious civil engineering projects to its credit. Broadly, its specific segments of specialisation in infrastructure are transportation, power projects, transmission & distribution, structural designs, irrigation projects, ground engineering & water supply. Having established its leadership in construction and turnkey projects, it is also accredited with expertise in roads, flyovers and bridges. Besides its large scale of operations in the Construction and Infrastructure domain, Gammon has a dominant presence in energy business in which it operates in the hydro, nuclear and thermal power segments- having Indias first second generation nuclear power plant in Kalapakkam to its credit. Gammons projects cover businesses and projects involving highways, public utilities, environmental engineering and marine structures. Gammons expertise also covers the design, ?nancing, construction and operation of modern bridges, ports, harbours, thermal & nuclear power stations, viaducts, dams, high-rise structures, chemical & fertiliser complexes and metro rail, both on a Built-OperateTransfer (BOT) basis as well as contract execution.(Source : 202103 Annual Report Page No:66)

  • Market Cap 61.0 Cr.
  • Current Price 1.65
  • High / Low /
  • Stock P/E
  • Book Value -318
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.0% over past five years.
  • Promoter holding is low: 11.5%
  • Contingent liabilities of Rs.1,423 Cr.
  • Promoters have pledged 84.8% of their holding.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
73 9 6 4 20 6 7 5 3 1 4 0 80
129 11 12 17 593 6 19 67 16 22 44 31 66
Operating Profit -56 -2 -7 -12 -573 0 -12 -62 -13 -21 -40 -31 14
OPM % -77% -24% -115% -300% -2,809% 5% -185% -1,196% -372% -3,079% -965% -27,964% 18%
-393 -110 -2 1 47 -21 -1 1 6 0 4 3 6
Interest 212 218 226 233 239 243 248 254 260 268 277 290 288
Depreciation 0 0 0 0 0 1 1 1 1 0 0 0 0
Profit before tax -661 -331 -235 -245 -766 -264 -262 -316 -268 -289 -314 -318 -268
Tax % -2% 0% 0% 0% 50% 0% 0% 0% -12% 0% 0% 0% 0%
-647 -331 -235 -245 -1,151 -264 -262 -316 -236 -289 -314 -318 -268
EPS in Rs -17.51 -8.96 -6.36 -6.64 -31.15 -7.15 -7.08 -8.56 -6.39 -7.81 -8.51 -8.61 -7.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2014 9m Mar 2016 18m Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,967 6,031 762 265 197 72 53 28 101 39 21 85
3,030 5,110 876 193 175 138 88 279 206 632 108 163
Operating Profit -63 921 -114 72 22 -66 -35 -251 -104 -593 -86 -78
OPM % -2% 15% -15% 27% 11% -92% -67% -907% -103% -1,511% -407% -91%
701 586 -997 -1,474 -1,200 -458 -67 -106 -630 -65 -15 14
Interest 479 1,028 519 578 565 588 607 724 815 918 1,006 1,123
Depreciation 82 261 33 12 11 10 9 4 2 2 2 2
Profit before tax 77 218 -1,663 -1,991 -1,754 -1,122 -719 -1,085 -1,552 -1,577 -1,110 -1,189
Tax % 12% 54% -0% -2% 0% 0% -0% 0% -1% 24% -3% 0%
68 101 -1,660 -1,959 -1,755 -1,123 -717 -1,086 -1,540 -1,963 -1,078 -1,189
EPS in Rs 4.97 2.75 -44.91 -53.00 -47.49 -30.37 -19.40 -29.38 -41.67 -53.12 -29.17 -32.17
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -35%
5 Years: 10%
3 Years: -6%
TTM: 301%
Compounded Profit Growth
10 Years: %
5 Years: -40%
3 Years: -13%
TTM: -13%
Stock Price CAGR
10 Years: -17%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 28 73 74 74 74 74 74 74 74 74 74 74
Reserves 1,065 2,232 569 -1,389 -3,142 -4,265 -4,981 -6,067 -7,607 -9,570 -10,640 -11,829
4,853 5,030 3,591 4,755 4,599 5,750 0 0 0 0 0 0
3,122 2,862 1,736 1,554 2,094 1,823 8,140 8,895 9,798 10,637 11,590 12,836
Total Liabilities 9,068 10,198 5,971 4,994 3,625 3,383 3,232 2,902 2,265 1,140 1,024 1,081
1,070 1,224 451 451 440 430 418 412 405 405 403 402
CWIP 22 19 20 10 3 2 0 0 0 0 0 0
Investments 79 1,707 1,209 447 273 212 122 122 45 39 44 43
7,896 7,248 4,291 4,086 2,909 2,739 2,692 2,369 1,815 696 577 637
Total Assets 9,068 10,198 5,971 4,994 3,625 3,383 3,232 2,902 2,265 1,140 1,024 1,081

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-21 13 126 44 -70 -6 -1 0 -8 2 -3 7
-12 -196 -3 81 429 7 7 -0 11 -2 3 1
54 237 -192 -160 -366 -0 -2 0 -4 -0 0 -7
Net Cash Flow 20 54 -69 -35 -7 1 4 -0 -0 0 0 -0
Free Cash Flow -20 -51 134 65 -56 -2 4 2 -6 0 -3 7
CFO/OP -62% 10% -124% 70% -307% 6% 3% -1% 6% -0% 2% -9%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 166 41 29 182 224 126 181 411 21 40 49 10
Inventory Days 417 160 181 1,027 749 850 865 986 104 184 92
Days Payable 349 160 247 1,141 2,228 2,468 2,749 2,938 883 1,624 1,993
Cash Conversion Cycle 235 41 -37 68 -1,255 -1,492 -1,703 -1,541 -758 -1,400 -1,852 10
Working Capital Days 42 -125 -1,177 -7,902 -11,424 -36,437 -53,496 -112,277 -34,164 -97,127 -196,859 -54,438
ROCE % -1% 19% 3% 4% 4% -2%

Insights

In beta
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Total Operating Income
INR Crores

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Group Sofinter Backlog
EUR Million
Kaleshwaram Project Pkg 19 Balance Value
INR Crores
Kolkata Metro Package ANV2 Balance Value
INR Crores
Number of Permanent Employees
Count
Residual EPC Job Balance Value
INR Crores
Target Recovery from Arbitration Awards
INR Crores

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55% 11.55%
1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 0.04%
62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54%
24.77% 24.79% 24.77% 24.77% 24.77% 24.77% 24.77% 24.78% 24.78% 24.77% 24.77% 25.89%
No. of Shareholders 42,65742,64842,63442,61742,60542,60542,59242,57942,57842,56842,56342,558

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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