Generic Engineering Construction and Projects Ltd Announces Audited Results for FY 2026

Generic Engineering Construction and Projects Ltd Announces Audited Results for FY 2026​

Generic Engineering Construction and Projects Limited released its audited consolidated and standalone financial results for the year ended March 31, 2026. The results cover both income statement and balance sheet details across various periods.

The company's financial statements reflect operations spanning multiple reporting periods: the quarter ended March 31, 2026 (audited), the quarter ended December 31, 2025 (unaudited), the quarter ended March 31, 2025 (audited), and the full fiscal years ending March 31, 2026 and March 31, 2025.

Consolidated Financial Highlights​

For the year ended March 31, 2026, the company reported a Total Income of 31,005.91 Lakhs. Revenue from Operations stood at 30,536.53 Lakhs, while Total Expenses were recorded at 29,585.73 Lakhs. This resulted in Profit before Tax of 1,420.18 Lakhs. After accounting for tax expenses and the share of profit/loss from joint ventures, the company registered a Profit after Tax and Share of Joint Ventures of 850.46 Lakhs.

Key financial metrics for the consolidated results across the reported years are presented below:

Balance Sheet and Cash Flow Summary​

As of March 31, 2026, the company's total assets amounted to 51,801.75 Lakhs. The balance sheet maintained parity with equity and liabilities, which also stood at 51,801.75 Lakhs.

The cash flow statement for the year ended March 31, 2026, indicated a Net Cash Flow from Operating Activities of 2,361.36 Lakhs. This was against a net cash usage in investing activities of (1,365.03) Lakhs and net cash used in financing activities totaling (980.20) Lakhs. The company reported Cash and Cash Equivalents at the end of the year as 574.40 Lakhs.

Segment Performance​

The company operates through two primary segments: Construction to Services and Trading Material.

In terms of revenue, Total Revenue for the consolidated entity during the year ended March 31, 2026, was 30,536.53 Lakhs. The segment breakdown shows that Construction to Services generated 24,188.45 Lakhs, while Trading Material contributed 6,348.08 Lakhs in the same period.

Consolidated Segment Results (Profit Before Tax):
The Construction to Services segment achieved a profit before tax of 2,414.73 Lakhs, whereas the Trading Material segment recorded 100.15 Lakhs. The total segment profit before interest and tax was 2,514.88 Lakhs for the year ended March 31, 2026.

Auditor’s Opinion and Operational Notes​

The results have been audited by Bilimoria Mehta & Co. and the auditor issued an unmodified opinion on both the consolidated annual financial results and the standalone annual financial results for the year ended March 31, 2026.

Regarding compliance matters, management confirmed that based on actuarial valuation, the implementation of the New Labour Codes—specifically referencing the Code on Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020—has not resulted in any material incremental impact on the Company's gratuity obligations. The company continues to evaluate the impact of these codes on other areas, including the contract workforce.

GENCON Stock Price Movement​

Generic Engineering Construction and Projects Limited rallied strongly on Thursday, with shares climbing by 4.34% to close at ₹43.47. The stock traded steadily throughout the day, holding within an intraday range defined by a low of ₹40.9 and a high of ₹43.69.