Generic Engineering Construction & Projects Ltd

Generic Engineering Construction & Projects Ltd

₹ 41.6 0.12%
19 Apr - close price
About

Incorporated in 1994, Generic Engineering Construction and Projects Ltd is in the business
of civil construction and infrastructure development[1]

Key Points

Business Overview:[1][2]
GECPL undertakes civil construction work for buildings across commercial, residential, industrial, health and leisure and institutional buildings with presence in Maharashtra, Karnataka, Gujarat, Goa & Himachal Pradesh.
It focuses on general contracting, Design-Build; Engineering, Procurement and Construction work and executes projects having a ticket size between 25 Cr to 100 Cr. Through contracting business, company has delivered 300+ industrial buildings in Navi Mumbai

  • Market Cap 221 Cr.
  • Current Price 41.6
  • High / Low 65.4 / 35.6
  • Stock P/E 16.1
  • Book Value 47.6
  • Dividend Yield 0.12 %
  • ROCE 11.3 %
  • ROE 6.94 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.87 times its book value

Cons

  • The company has delivered a poor sales growth of 11.4% over past five years.
  • Company has a low return on equity of 5.46% over last 3 years.
  • Contingent liabilities of Rs.113 Cr.
  • Dividend payout has been low at 3.61% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -11.2%

* 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.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
36.24 55.47 52.54 50.37 55.65 101.80 70.07 53.52 62.14 86.81 52.79 37.20 58.97
31.59 43.38 46.25 44.33 49.53 89.56 62.66 44.97 52.33 71.12 44.90 31.40 52.12
Operating Profit 4.65 12.09 6.29 6.04 6.12 12.24 7.41 8.55 9.81 15.69 7.89 5.80 6.85
OPM % 12.83% 21.80% 11.97% 11.99% 11.00% 12.02% 10.58% 15.98% 15.79% 18.07% 14.95% 15.59% 11.62%
0.27 0.44 0.56 0.48 0.68 0.47 0.24 0.26 0.26 0.61 0.71 1.71 0.79
Interest 1.35 1.78 1.72 1.90 1.67 1.99 1.46 1.86 2.37 5.73 3.74 1.84 2.09
Depreciation 2.01 1.99 2.19 1.83 1.99 2.16 1.93 3.30 3.42 2.72 2.56 2.48 2.61
Profit before tax 1.56 8.76 2.94 2.79 3.14 8.56 4.26 3.65 4.28 7.85 2.30 3.19 2.94
Tax % 6.41% 23.17% 12.24% 4.66% 35.03% 22.43% 25.82% 15.62% 25.70% 24.84% 10.00% -0.63% 15.31%
1.45 6.73 2.58 2.66 2.04 6.65 3.16 3.08 3.18 5.90 2.06 3.22 2.50
EPS in Rs 0.34 1.60 0.61 0.63 0.48 1.58 0.75 0.73 0.75 1.11 0.39 0.61 0.47
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 0 0 0 0 42 159 202 200 130 260 273 236
0 0 0 0 0 40 139 173 171 113 229 231 200
Operating Profit 0 0 0 0 0 2 20 29 29 17 31 41 36
OPM % 0% 0% 13% 22% 13% 6% 12% 15% 15% 13% 12% 15% 15%
0 0 0 0 0 1 1 2 1 1 2 1 4
Interest 0 0 0 0 0 1 2 4 5 6 8 11 13
Depreciation 0 0 0 0 0 0 2 4 5 8 8 11 10
Profit before tax 0 0 0 0 0 2 16 23 19 4 17 20 16
Tax % 0% 50% 14% 27% 27% 31% 25% 34% 20% 24%
0 0 0 0 0 2 12 16 15 3 14 15 14
EPS in Rs 0.00 0.00 0.02 0.02 0.19 0.50 3.16 3.87 3.45 0.66 3.30 2.89 2.58
Dividend Payout % 0% 0% 0% 10% 2% 1% 1% 8% 2% 2%
Compounded Sales Growth
10 Years: 99%
5 Years: 11%
3 Years: 11%
TTM: -18%
Compounded Profit Growth
10 Years: %
5 Years: 6%
3 Years: 2%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: -20%
3 Years: -1%
1 Year: -26%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 5%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 16 18 20 21 21 21 27 27
Reserves -1 -1 -1 -1 -1 31 96 126 156 159 173 221 226
0 1 1 1 1 10 12 14 41 47 52 62 69
0 0 0 0 0 25 36 50 40 44 72 76 55
Total Liabilities 4 6 5 5 6 83 163 211 258 271 318 386 376
0 0 0 0 0 20 28 33 75 84 96 97 97
CWIP 0 0 0 0 0 0 0 0 0 1 1 5 5
Investments 0 1 0 0 0 0 0 0 0 0 0 0 0
4 5 5 5 6 63 135 178 183 185 221 284 275
Total Assets 4 6 5 5 6 83 163 211 258 271 318 386 376

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -2 -0 0 0 -8 -2 -36 -24 15 13 13
0 0 0 -0 -0 7 -9 -7 -35 -17 -19 -43
-0 2 -0 0 0 13 55 20 34 1 2 39
Net Cash Flow 0 0 -0 0 -0 13 45 -23 -25 -1 -3 9

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 0 254 324 163 129 90 133 132 177 124 116
Inventory Days 235 0 0 0 289 99 58 208 401 282 289
Days Payable 0 350 205 145 146 237 181 181
Cash Conversion Cycle 0 235 254 324 163 67 -16 46 193 341 225 225
Working Capital Days 24,820 65 254 304 116 67 61 128 203 300 169 233
ROCE % 0% 0% 0% 0% 3% 9% 19% 19% 13% 5% 11% 11%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
54.50% 54.50% 54.50% 54.50% 54.50% 54.50% 54.51% 54.51% 43.30% 43.30% 43.30% 43.30%
6.02% 6.02% 6.02% 5.97% 5.97% 5.97% 5.50% 5.51% 3.44% 3.55% 3.36% 0.51%
39.47% 39.47% 39.47% 39.53% 39.53% 39.53% 40.00% 40.00% 53.25% 53.16% 53.34% 56.17%
No. of Shareholders 2,6643,3375,5196,7227,7027,8008,2608,1346,7926,4706,4497,466

* 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.

Click on the line-items to see the names of individual entities.

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