Integrated Filing — IndAS



General information about company
Scrip Code 539407
NSE Symbol GENCON
MSEI Symbol NOTLISTED
ISIN INE854S01022
Name of company Generic Engineering Construction and Projects Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Construction Project
Start date and time of board meeting 29-May-2025   21:30:00
End date and time of board meeting 30-May-2025   00:01:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-04-22
Indicate Company website link for updated RPT policy of the Company https://gecpl.com/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1067999000 3020204000
Other income 68743000 83224000
Total income 1136742000 3103428000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 847379000 2384200000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 18501000 13226000
(d) Employee benefit expense 18788000 59854000
(e) Finance costs 32271000 132661000
(f) Depreciation, depletion and amortisation expense 47748000 126723000
(f) Other Expenses
1 Other Expenses 71542000 200232000
Total other expenses 71542000 200232000
Total expenses 1036229000 2916896000
3 Total profit before exceptional items and tax 100513000 186532000
4 Exceptional items 0 0
5 Total profit before tax 100513000 186532000
6 Tax expense
7 Current tax 17900000 42000000
8 Deferred tax 20553000 23183000
9 Total tax expenses 38453000 65183000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 62060000 121349000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 62060000 121349000
17 Other comprehensive income net of taxes -1154000 -1154000
18 Total Comprehensive Income for the period 60906000 120195000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 284931000 284931000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 2559840000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.07 1.63
Diluted earnings (loss) per share from continuing operations 1.07 1.57
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.07 1.63
Diluted earnings (loss) per share from continuing and discontinued operations 1.07 1.57
24 Debt equity ratio 0.002 0.002
25 Debt service coverage ratio 0.1373 0.1373
26 Interest service coverage ratio 0.0241 0.0241
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 658253000
Capital work-in-progress 0
Investment property 113607000
Goodwill 172711000
Other intangible assets 96563000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 51000
Trade receivables, non-current 176165000
Loans, non-current 0
Other non-current financial assets 60080000
Total non-current financial assets 236296000
Deferred tax assets (net) 34044000
Other non-current assets
Total non-current assets 1311474000
2 Current assets
Inventories 786378000
Current financial asset
Current investments 0
Trade receivables, current 1205792000
Cash and cash equivalents 45138000
Bank balance other than cash and cash equivalents 112471000
Loans, current 106516000
Other current financial assets 292414000
Total current financial assets 1762331000
Current tax assets (net) 14784000
Other current assets 691753000
Total current assets 3255246000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4566720000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 284931000
Other equity 2559840000
Total equity attributable to owners of parent 2844771000
Non controlling interest
Total equity 2844771000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 98153000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 98153000
Provisions, non-current 4233000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 6600000
Total non-current liabilities 108986000
Current liabilities
Current financial liabilities
Borrowings, current 573156000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 16250000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 671467000
Total Trade payable 687717000
Other current financial liabilities 195011000
Total current financial liabilities 1455884000
Other current liabilities 154690000
Provisions, current 2389000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1612963000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1721949000
Total equity and liabilites 4566720000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/losses on changes in acturial assumptions -922000 -922000
2 Deferred tax on above -232000 -232000
Total Amount of items that will not be reclassified to profit and loss -1154000 -1154000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -1154000 -1154000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 186532000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 132661000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 36523000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current -250648000
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 126723000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 22998000
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 7643000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 60614000
Net cash flows from (used in) operations 247146000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 84738000
Other inflows (outflows) of cash -13551000
Net cash flows from (used in) operating activities 148857000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 51000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 99295000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties -131083000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 7643000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 13551000
Net cash flows from (used in) investing activities 52931000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 95985000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings -85034000
Repayments of borrowings 15517000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -150328000
Net cash flows from (used in) financing activities -154894000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 46894000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 46894000
Cash and cash equivalents cash flow statement at beginning of period 110715000
Cash and cash equivalents cash flow statement at end of period 157609000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Bilimorria Mehta & Company Yes 30-Jun-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Generic Engineering Construction and Projects Limited Jayesh Rawal Director and Key Managerial personnel Remuneration 5000000 N.A 2078000 3291000 4848000
2 Generic Engineering Construction and Projects Limited Tarak Gor Director and Key Managerial personnel Remuneration 10000000 N.A 2078000 6582000 5648000
3 Generic Engineering Construction and Projects Limited Manish Patel Director and Key Managerial personnel Remuneration 10000000 N.A 3128000 7440000 1711000
4 Generic Engineering Construction and Projects Limited Manish Patel Director and Key Managerial personnel Loan 5000000 N.A 4300000 0 4300000
5 Generic Engineering Construction and Projects Limited Krupa Patel Daughter of Managing Director Remuneration 500000 N.A 0 230000 228000
6 Generic Engineering Construction and Projects Limited Madhur Patel Son in Law of Managing Director Remuneration 1000000 N.A 0 600000 600000
7 Generic Engineering Construction and Projects Limited Viraj Patel Nephew of Managing Director Remuneration 5000000 N.A 942000 1450000 2753000
8 Generic Engineering Construction and Projects Limited Dhairya Patel Son of Managing Director Remuneration 3000000 N.A 942000 556000 1300000
9 Generic Engineering Construction and Projects Limited Krishna Sharma Key Managerial Personnel Remuneration 50000 N.A 37000 0 0
10 Generic Engineering Construction and Projects Limited Gabrielle infra speciality pvt ltd Whole-time Directors are Directors and Shareholder Purchase of goods or services 5000000000 N.A 217957000 192550000 72552000
11 Generic Engineering Construction and Projects Limited Gabrielle infra speciality pvt ltd Whole-time Directors are Directors and Shareholder Any other transaction Security Deposite 5000000000 N.A 80350000 0 80350000
12 Generic Engineering Construction and Projects Limited D Ravilal Resource Management Private Limited Our Company is Associate Company and Managing Director is Director in the Company Advance 1000000000 N.A 0 288000 288000
13 Generic Engineering Construction and Projects Limited D Ravilal Resource Management Private Limited Our Company is Associate Company and Managing Director is Director in the Company Advance 1000000000 N.A 0 40000000 40000000
14 Generic Engineering Construction and Projects Limited Heben Chartered Resources Private Limited Son and Brother of Managing Director is Director Purchase of goods or services 3000000 N.A 0 1860000 1860000
15 Generic Engineering Construction and Projects Limited Integrated Trading Coporation Son in Law of Managing Director is Partner Purchase of goods or services 50000 N.A 0 0 2000
16 Generic Engineering Construction and Projects Limited Triveni Uplife Realtors LLP Brother and Father of Managing Director is Designated Partner Sale of goods or services 5000000 N.A 44036000 68080000 1049000
17 Generic Engineering Construction and Projects Limited Asedha Infraprojects Private Limited Whole-time Director is Director Purchase of goods or services 500000 N.A 0 0 134000
18 Generic Engineering Construction and Projects Limited Bootes Generic Projects LLP Director is Partner Sale of goods or services 4000000000 N.A 118605000 0 116595000
19 Generic Engineering Construction and Projects Limited Generic Bootes Construction LLP Subsidiary Investment 100000 N.A 51000 0 51000
Total value of transaction during the reporting period 474504000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 573156000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 0