Generic Engineering Construction & Projects Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: January 21, 2025, 9:24 pm

Market Cap	229 Cr.
Current Price	40.3
High / Low	71.0/32.6
Stock P/E	20.9
Book Value	48.5
Dividend Yield	0.00 %
ROCE	6.61 %
ROE	4.33 %
Face Value	5.00
PEG Ratio	-2.21

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Generic Engineering Construction & Projects Ltd

Competitors of Generic Engineering Construction & Projects Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Hampton Sky Realty Ltd	850 Cr.	31.0	51.0/22.4	33.1	5.74	0.00 %	15.7 %	10.6 %	1.00
Grovy India Ltd	60.9 Cr.	45.7	98.2/22.6		14.0	0.05 %	5.79 %	5.27 %	10.0
Gothi Plascon (India) Ltd	42.1 Cr.	41.2	53.9/32.2	32.1	12.4	4.85 %	17.8 %	12.9 %	10.0
Generic Engineering Construction & Projects Ltd	229 Cr.	40.3	71.0/32.6	20.9	48.5	0.00 %	6.61 %	4.33 %	5.00
Garnet Construction Ltd	42.6 Cr.	30.6	57.2/20.6	6.41	73.3	0.00 %	4.51 %	3.13 %	10.0
Industry Average	19,747.56 Cr	517.91		44.63	135.59	0.48%	10.29%	8.69%	6.13

All Competitor Stocks of Generic Engineering Construction & Projects Ltd

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	50.37	55.65	101.80	70.07	53.52	62.14	86.81	52.79	37.20	58.97	140.40	50.55	51.38
Expenses	44.33	49.53	89.56	62.66	44.97	52.33	71.12	44.90	31.40	52.12	132.94	42.71	42.23
Operating Profit	6.04	6.12	12.24	7.41	8.55	9.81	15.69	7.89	5.80	6.85	7.46	7.84	9.15
OPM %	11.99%	11.00%	12.02%	10.58%	15.98%	15.79%	18.07%	14.95%	15.59%	11.62%	5.31%	15.51%	17.81%
Other Income	0.48	0.68	0.47	0.24	0.26	0.26	0.61	0.71	1.71	0.79	0.74	0.38	0.44
Interest	1.90	1.67	1.99	1.46	1.86	2.37	5.73	3.74	1.84	2.09	1.30	3.37	4.16
Depreciation	1.83	1.99	2.16	1.93	3.30	3.42	2.72	2.56	2.48	2.61	3.12	2.29	2.42
Profit before tax	2.79	3.14	8.56	4.26	3.65	4.28	7.85	2.30	3.19	2.94	3.78	2.56	3.01
Tax %	4.66%	35.03%	22.43%	25.82%	15.62%	25.70%	24.84%	10.00%	-0.63%	15.31%	-14.55%	23.83%	28.57%
Net Profit	2.66	2.04	6.65	3.16	3.08	3.18	5.90	2.06	3.22	2.50	4.33	1.96	2.15
EPS in Rs	0.63	0.48	1.58	0.75	0.73	0.75	1.11	0.39	0.61	0.47	0.82	0.37	0.38

Last Updated: January 5, 2025, 8:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	0	0	0	0	42	159	202	200	130	260	273	289
Expenses	0	0	0	0	40	139	173	171	113	229	231	261
Operating Profit	0	0	0	0	2	20	29	29	17	31	41	28
OPM %	0%	13%	22%	13%	6%	12%	15%	15%	13%	12%	15%	10%
Other Income	0	0	0	0	1	1	2	1	1	2	1	4
Interest	0	0	0	0	1	2	4	5	6	8	11	10
Depreciation	0	0	0	0	0	2	4	5	8	8	11	11
Profit before tax	0	0	0	0	2	16	23	19	4	17	20	11
Tax %		0%	50%	14%	27%	27%	31%	25%	34%	20%	24%	1%
Net Profit	0	0	0	0	2	12	16	15	3	14	15	11
EPS in Rs	0.00	0.02	0.02	0.19	0.50	3.16	3.87	3.45	0.66	3.30	2.89	2.10
Dividend Payout %		0%	0%	0%	10%	2%	1%	1%	8%	2%	2%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	500.00%	33.33%	-6.25%	-80.00%	366.67%	7.14%	-26.67%
Change in YoY Net Profit Growth (%)	0.00%	-466.67%	-39.58%	-73.75%	446.67%	-359.52%	-33.81%

Generic Engineering Construction & Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	104%
5 Years:	7%
3 Years:	30%
TTM:	26%

Compounded Profit Growth
10 Years:	88%
5 Years:	-7%
3 Years:	59%
TTM:	-24%

Stock Price CAGR
10 Years:	%
5 Years:	-11%
3 Years:	2%
1 Year:	-18%

Return on Equity
10 Years:	7%
5 Years:	6%
3 Years:	6%
Last Year:	4%

Last Updated: Unknown

Balance Sheet

Last Updated: January 13, 2025, 1:38 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5	5	5	5	16	18	20	21	21	21	27	27	27
Reserves	-1	-1	-1	-1	31	96	131	156	159	177	225	236	250
Borrowings	1	1	1	1	10	12	14	41	47	52	59	68	67
Other Liabilities	0	0	0	0	25	36	46	40	44	68	74	133	95
Total Liabilities	6	5	5	6	83	163	211	258	271	318	386	463	439
Fixed Assets	0	0	0	0	20	28	33	75	84	96	97	91	94
CWIP	0	0	0	0	0	0	0	0	1	1	5	5	9
Investments	1	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	5	5	5	6	63	135	178	183	185	221	284	368	337
Total Assets	6	5	5	6	83	163	211	258	271	318	386	463	439

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-2	-0	0	0	-8	-2	-36	-24	15	13	11	6
Cash from Investing Activity +	0	0	-0	-0	7	-9	-7	-35	-17	-19	-38	-7
Cash from Financing Activity +	2	-0	0	0	13	55	20	34	1	2	36	-2
Net Cash Flow	0	-0	0	-0	13	45	-23	-25	-1	-3	9	-3

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-1.00	-1.00	-1.00	-1.00	-8.00	8.00	15.00	-12.00	-30.00	-21.00	-18.00	-40.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	254	324	163	129	90	133	132	177	124	116	148
Inventory Days	235	0	0	0	289	99	58	208	401	282	289	118
Days Payable	0				350	205	145	146	237	181	181	158
Cash Conversion Cycle	235	254	324	163	67	-16	46	193	341	225	225	107
Working Capital Days	65	254	304	116	67	61	128	203	300	169	233	250
ROCE %	0%	0%	0%	3%	9%	19%	18%	13%	5%	11%	11%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	54.50%	54.50%	54.50%	54.51%	54.51%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	40.30%
FIIs	5.97%	5.97%	5.97%	5.50%	5.51%	3.44%	3.55%	3.36%	0.51%	0.33%	0.33%	0.01%
Public	39.53%	39.53%	39.53%	40.00%	40.00%	53.25%	53.16%	53.34%	56.17%	56.38%	56.37%	59.69%
No. of Shareholders	6,722	7,702	7,800	8,260	8,134	6,792	6,470	6,449	7,466	8,540	9,464	10,426

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	2.12	3.58	3.31	0.66	3.52
Diluted EPS (Rs.)	1.93	3.54	3.31	0.66	3.52
Cash EPS (Rs.)	4.13	5.03	5.24	2.56	4.75
Book Value[Excl.RevalReserv]/Share (Rs.)	49.56	47.49	47.05	42.67	42.06
Book Value[Incl.RevalReserv]/Share (Rs.)	49.56	47.49	47.05	42.67	42.06
Dividend / Share (Rs.)	0.00	0.00	0.05	0.05	0.05
Revenue From Operations / Share (Rs.)	54.56	51.39	61.79	31.02	47.55
PBDIT / Share (Rs.)	6.03	8.07	7.80	4.33	7.13
PBIT / Share (Rs.)	4.00	5.93	5.86	2.43	5.83
PBT / Share (Rs.)	2.12	3.78	4.13	1.00	4.58
Net Profit / Share (Rs.)	2.10	2.89	3.30	0.66	3.45
PBDIT Margin (%)	11.04	15.71	12.62	13.94	14.99
PBIT Margin (%)	7.32	11.53	9.48	7.83	12.26
PBT Margin (%)	3.88	7.35	6.69	3.22	9.63
Net Profit Margin (%)	3.85	5.61	5.34	2.12	7.25
Return on Networth / Equity (%)	4.23	6.07	7.02	1.54	8.20
Return on Capital Employeed (%)	7.97	12.26	11.93	5.33	13.42
Return On Assets (%)	2.40	3.97	4.37	1.02	5.63
Long Term Debt / Equity (X)	0.01	0.01	0.03	0.03	0.00
Total Debt / Equity (X)	0.25	0.24	0.26	0.26	0.22
Asset Turnover Ratio (%)	0.68	0.77	0.88	0.49	0.85
Current Ratio (X)	1.72	2.00	1.73	2.01	2.08
Quick Ratio (X)	1.32	1.35	1.11	1.38	1.49
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	7.57	1.67
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	1.95	1.21
Earning Retention Ratio (%)	0.00	0.00	0.00	92.43	98.33
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	98.05	98.79
Interest Coverage Ratio (X)	3.22	3.75	4.52	3.03	5.71
Interest Coverage Ratio (Post Tax) (X)	2.12	2.34	2.91	1.46	3.76
Enterprise Value (Cr.)	256.23	340.22	183.88	227.58	250.04
EV / Net Operating Revenue (X)	0.88	1.25	0.70	1.74	1.25
EV / EBITDA (X)	8.02	7.94	5.59	12.48	8.32
MarketCap / Net Operating Revenue (X)	0.68	1.07	0.52	1.44	1.09
Retention Ratios (%)	0.00	0.00	0.00	92.42	98.32
Price / BV (X)	0.75	1.16	0.68	1.05	1.24
Price / Net Operating Revenue (X)	0.68	1.07	0.52	1.44	1.09
EarningsYield	0.05	0.05	0.10	0.01	0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Generic Engineering Construction & Projects Ltd as of January 22, 2025 is: 44.77

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of January 22, 2025, Generic Engineering Construction & Projects Ltd is Undervalued by 11.09% compared to the current share price 40.30

Intrinsic Value of Generic Engineering Construction & Projects Ltd as of January 22, 2025 is: 40.54

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 22, 2025, Generic Engineering Construction & Projects Ltd is Undervalued by 0.60% compared to the current share price 40.30

Last 5 Year EPS CAGR: -9.45%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (112.08 cr) compared to borrowings (28.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (129.58 cr) and profit (9.33 cr) over the years.	The stock has a low average ROCE of 8.00%, which may not be favorable. The stock has a high average Working Capital Days of 179.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 180.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Generic Engineering Construction & Projects Ltd:
1. Net Profit Margin: 3.85%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.97% (Industry Average ROCE: 9.97%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 4.23% (Industry Average ROE: 8.15%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.12
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.32
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.9 (Industry average Stock P/E: 37.66)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.25
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Generic Engineering Construction and Projects Ltd. is a Public Limited Listed company incorporated on 31/10/1994 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L45100MH1994PLC082540 and registration number is 082540. Currently Company is involved in the business activities of Construction of buildings. Company's Total Operating Revenue is Rs. 289.36 Cr. and Equity Capital is Rs. 26.52 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Realty	201 & 202, Fitwell House, 2nd Floor, Opp Home Town, Mumbai Maharashtra 400083	geninfo@gecpl.com http://www.gecpl.com

Management
Name	Position Held
Mr. Manish Patel	Managing Director
Mr. Tarak Gor	WholeTime Director & CFO
Mr. Jayesh Rawal	Whole Time Director
Mr. Dhairya Manish Patel	Executive Director
Mr. Rajesh Ladhad	Independent Director
Mr. Anurag Pathak	Independent Director
Mr. Vishesh Nihalnai	Independent Director
Ms. Namita Ravindra Talele	Independent Director

FAQ

What is the latest intrinsic value of Generic Engineering Construction & Projects Ltd?

The latest intrinsic value of Generic Engineering Construction & Projects Ltd as on 22 January 2025 is ₹44.77, which is 11.09% higher than the current market price of ₹40.30. The stock has a market capitalization of 229 Cr. and recorded a high/low of 71.0/32.6 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹250 Cr and total liabilities of ₹439 Cr.

What is the Market Cap of Generic Engineering Construction & Projects Ltd?

The Market Cap of Generic Engineering Construction & Projects Ltd is 229 Cr..

What is the current Stock Price of Generic Engineering Construction & Projects Ltd as on 22 January 2025?

The current stock price of Generic Engineering Construction & Projects Ltd as on 22 January 2025 is 40.3.

What is the High / Low of Generic Engineering Construction & Projects Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Generic Engineering Construction & Projects Ltd stocks is 71.0/32.6.

What is the Stock P/E of Generic Engineering Construction & Projects Ltd?

The Stock P/E of Generic Engineering Construction & Projects Ltd is 20.9.

What is the Book Value of Generic Engineering Construction & Projects Ltd?

The Book Value of Generic Engineering Construction & Projects Ltd is 48.5.

What is the Dividend Yield of Generic Engineering Construction & Projects Ltd?

The Dividend Yield of Generic Engineering Construction & Projects Ltd is 0.00 %.

What is the ROCE of Generic Engineering Construction & Projects Ltd?

The ROCE of Generic Engineering Construction & Projects Ltd is 6.61 %.

What is the ROE of Generic Engineering Construction & Projects Ltd?

The ROE of Generic Engineering Construction & Projects Ltd is 4.33 %.

What is the Face Value of Generic Engineering Construction & Projects Ltd?

The Face Value of Generic Engineering Construction & Projects Ltd is 5.00.