Gammon India Profile
Key Indicators
- Authorised Capital ₹ 15,047.00 Cr
- Paid Up Capital ₹ 73.91 Cr
- Company Age 102 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 38,516.39 Cr
- Satisfied Charges ₹ 1,440.08 Cr
- Revenue Growth 39.21%
- Profit Growth 40.41%
- Ebitda 77.99%
- Net Worth -25.70%
- Total Assets -21.98%
About Gammon India
Gammon India Limited (GIL) was founded in India on 15 June 1922 and has a glorious history of 102 years and nine months. Its registered office is in Mumbai, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509550.
The Corporate was formerly known as J . C Gammon (Bombay) Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 15,047.00 Cr and a paid-up capital of Rs 73.91 Cr.
The company currently has active open charges totaling ₹38,516.39 Cr. The company has closed loans amounting to ₹1,440.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gammon India Limited India are Nirav Shah as Company Secretary, Ajit Desai as Ceo, and Anurag Choudhry as Cfo. Ulhas Dharmadhikari, Soumendra Sanyal, Vinath Hegde, and Two other members serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L74999MH1922PLC000997
- Company No.
000997
- Stock Symbol
BSE : 509550
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jun 1922
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
What products or services does Gammon India Limited offer?
Gammon India Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Power Engineering Service, Turnkey Consultants & Solutions, Engineering Project, Building & Real Estate Developers, Commercial Construction Service, Street, Flood and Commercial Lights, Foot Light, Building Construction, Generators, Turbines & Power Plants.
Who are the key members and board of directors at Gammon India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirav Shah | Company Secretary | 24-Jan-2024 | Current |
Ajit Desai  | CEO | 17-Dec-2018 | Current |
| Anurag Choudhry | CFO | 30-Apr-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinath Hegde | Director | 25-Dec-2019 | Current |
| Ulhas Dharmadhikari | Director | 17-Apr-2019 | Current |
| Soumendra Sanyal | Director | 01-Apr-2019 | Current |
| Sandeep Sheth | Whole-Time Director | 15-Apr-2021 | Current |
| Kashi Chatterjee | Director | 03-May-2021 | Current |
Financial Performance of Gammon India.
Gammon India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.21% increase. The company also saw a substantial improvement in profitability, with a 40.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gammon India?
In 2022, Gammon India had a promoter holding of 11.55% and a public holding of 88.46%. The company had 11 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oswal Energies LimitedUlhas Dharmadhikari is a mutual person
Ansaldocaldaie Boilers India Private LimitedSandeep Sheth is a mutual person
Sudarshan Pharma Industries LimitedNirav Shah is a mutual person
Charges (Loans)
Open Charges
₹38,516.39 Cr
Satisfied Charges
₹1,440.08 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 24180.99 Cr
- Canara Bank (Lead Bank - Consortium) : 11700.00 Cr
- United Bank Of India Corporate Finance Branch : 475.00 Cr
- 3I Infotech Trusteeship Services Limited : 296.40 Cr
- Idbi Bank Limited : 290.00 Cr
- Others : 1574.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2017 | Idbi Trusteeship Services Limited | ₹4,683.41 Cr | Open |
| 29 Jun 2017 | Idbi Trusteeship Services Limited | ₹4,683.41 Cr | Open |
| 06 Dec 2013 | Idbi Trusteeship Services Limited | ₹14,814.17 Cr | Open |
| 23 Mar 2013 | Bank Of Baroda | ₹200.00 Cr | Open |
| 28 Jan 2013 | United Bank Of India Corporate Finance Branch | ₹475.00 Cr | Open |
How Many Employees Work at Gammon India?
Gammon India has a workforce of 1412 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gammon India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gammon India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Gammon India
Recent activity within the organization
- Director Appointment
Nirav Kishor Shah was appointed as a Company Secretary was appointed as a Company Secretary on 24 Jan 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Gammon India Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Gammon India Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Director Appointment
Sandeep Rasiklal Sheth was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Apr 2021 & has been associated with this company since 3 years 11 months .
- Director Appointment
Vinath Hegde was appointed as a Director was appointed as a Director on 25 Dec 2019 & has been associated with this company since 5 years 3 months .
- Director Appointment
Ulhas Prabhakar Dharmadhikari was appointed as a Director was appointed as a Director on 17 Apr 2019 & has been associated with this company since 5 years 11 months .
Recent News, Updates & Announcement
NGT raises fine imposed on Gammon India, HCC to Rs 2 crore each.The green panel, which had slapped an environment compensation of Rs 1 crore each on the companies on February 12, increased the amount after finding its previous order..
- Gammon India standalone loss at ₹124 crore for Oct-Dec quarter | Mint.
Gammon India's standalone revenue from operations in the October-December period increased to ₹27.33 crore.The company's operations have been affected in the last few years by various factors, including liquidity crunch.
- Gammon sells Mumbai land in Dombivali for ₹230 crore | Mint.
Gammon India sold 50 acres of land in Mumbai's Dombivali to Runwal group for around 230 crore as part of an asset monetization plan.
Frequently asked questions
What is the Incorporation or founding date of Gammon India Limited?
Gammon India Limited was incorporated on 15 Jun 1922.
What is authorized share capital and paid-up capital of Gammon India Limited?
The authorized share capital of Gammon India Limited is ₹ 15,047.00 Cr and paid-up capital is ₹ 73.91 Cr.
Who are the current board members & directors of Gammon India Limited?
Currently 8 directors are associated with Gammon India Limited.
- Ulhas Prabhakar Dharmadhikari
- Soumendra Nath Sanyal
- Vinath Hegde
- Sandeep Rasiklal Sheth
- Kashi Nath Chatterjee
- Nirav Kishor Shah
- Ajit Balubhai Desai
- Anurag Laxman Choudhry
What is the registered address of Gammon India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gammon India Limited is Floor 3Rd Plot No - 3/8 Hamilton House J.N. Heredia Marg Ballard Estate, Mumba I India, Mumbai, Maharashtra, 400038.
What is the corporate identification number (CIN) and company number of Gammon India Limited?
The corporate identification number (CIN) of Gammon India Limited is L74999MH1922PLC000997 and the company number is 000997 as per Ministry of Corporate Affairs (MCA).
Is Gammon India Limited registered with any stock exchange in India?
Yes, Gammon India Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Gammon India Limited?
The Official website of Gammon India Limited is https://www.gammonindia.com
What has been the recent revenue trend for Gammon India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gammon India Limited has risen by 39.21%.
How many employees does Gammon India Limited currently have?
As Per 2023 financial reports, 1412 employees are currently employed by Gammon India Limited.
What change has been observed in the net worth of Gammon India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gammon India Limited has experienced an downturn of -25.70%.
What are the total open charges for Gammon India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gammon India Limited amount to ₹ 38,516.39 Cr.
When was the last Balance Sheet of Gammon India Limited filed with the ROC?
The most recent Balance Sheet for Gammon India Limited was filed with the ROC on 31 Mar 2022.
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