Share Price and Basic Stock Data
Last Updated: November 20, 2025, 10:32 pm
| PEG Ratio | -2.47 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Generic Engineering Construction & Projects Ltd operates in the realty sector, with its stock currently priced at ₹43.8 and a market capitalization of ₹249 Cr. The company reported a revenue of ₹273 Cr for the fiscal year ending March 2023, which rose to ₹289 Cr in March 2024, and is expected to reach ₹302 Cr by March 2025. This indicates a steady growth trajectory, with the trailing twelve months (TTM) revenue standing at ₹314 Cr. Over the last few quarters, sales have fluctuated; for instance, sales peaked at ₹140.40 Cr in March 2024 but dipped to ₹37.20 Cr in September 2023. The quarterly sales figures suggest a volatile operational environment, potentially influenced by project timelines and market conditions. The company has reported quarterly sales of ₹70.07 Cr in June 2022, which subsequently dropped to ₹52.79 Cr in June 2023, indicating the need for strategic adjustments to stabilize revenue streams.
Profitability and Efficiency Metrics
The profitability of Generic Engineering Construction & Projects Ltd is characterized by a modest operating profit margin (OPM) of 16.53%. The company’s net profit for the fiscal year ending March 2023 was ₹15 Cr, with a net profit margin of 4.01%. Despite a slight decline in net profit to ₹12 Cr in March 2024, the operating profit for the same period was recorded at ₹28 Cr, showcasing fluctuations in cost management and operational efficiency. The interest coverage ratio (ICR) stood at 3.36x, indicating that the company comfortably meets its interest obligations. However, the return on equity (ROE) at 2.97% and return on capital employed (ROCE) at 7.55% suggest that profitability remains below industry standards, signaling potential inefficiencies that could be addressed to enhance shareholder value. The company’s cash conversion cycle (CCC) of 281 days further highlights operational challenges, as it takes a significant amount of time to convert investments into cash flow.
Balance Sheet Strength and Financial Ratios
Generic Engineering Construction & Projects Ltd maintains a balanced financial structure, with a price-to-book value (P/BV) ratio of 0.57x, indicating that the stock is trading below its book value. The long-term debt-to-equity ratio is a conservative 0.03, reflecting low leverage and a strong equity base, while the total debt-to-equity ratio stands at 0.23. These ratios suggest a prudent approach to financing, minimizing financial risks. The current ratio at 2.02x and quick ratio at 1.53x indicate strong liquidity, allowing the company to meet its short-term obligations effectively. However, the absence of reserves and borrowings raises concerns about the firm’s capacity to fund future growth initiatives. The company reported an enterprise value of ₹215.55 Cr, with an EV/EBITDA ratio of 4.83, which may reflect valuation concerns relative to earnings before interest, taxes, depreciation, and amortization.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Generic Engineering Construction & Projects Ltd reveals a significant shift in promoter holdings, which declined from 54.51% in December 2022 to 40.30% by March 2025. This reduction may raise concerns among investors regarding the long-term commitment of the promoters. Foreign institutional investors (FIIs) hold a negligible stake of 0.01%, suggesting limited international interest in the company. In contrast, public shareholding has increased to 59.68%, indicating a growing base of retail investors, with the number of shareholders rising to 12,060. This broadening of the shareholder base could enhance liquidity and market perception. However, the decline in promoter stakes and minimal institutional presence may create uncertainty about the company’s governance and strategic direction, potentially impacting investor confidence in the long run.
Outlook, Risks, and Final Insight
The outlook for Generic Engineering Construction & Projects Ltd hinges on its ability to stabilize revenue and improve profitability amidst operational challenges. The company must enhance its project execution capabilities to mitigate revenue volatility and optimize its cash conversion cycle. Risks include the declining promoter stake, which could signal reduced confidence among key stakeholders, and the low ROE and ROCE, indicating that the company is not fully leveraging its capital to generate returns. Additionally, the lack of reserves may hinder its capacity to invest in growth opportunities. Conversely, strengths such as a low debt profile and strong liquidity position provide a buffer against market fluctuations. If the company can effectively address these risks while capitalizing on its strengths, it may position itself for a more robust financial future, potentially attracting greater institutional interest and improving overall market valuation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 425 Cr. | 15.5 | 35.8/14.1 | 5.03 | 0.00 % | 6.07 % | 3.84 % | 1.00 | |
| Grovy India Ltd | 54.3 Cr. | 40.7 | 69.8/37.0 | 15.5 | 16.5 | 0.25 % | 7.63 % | 9.12 % | 10.0 |
| Gothi Plascon (India) Ltd | 39.4 Cr. | 38.6 | 53.6/36.3 | 22.6 | 12.1 | 5.18 % | 18.8 % | 14.2 % | 10.0 |
| Generic Engineering Construction & Projects Ltd | 249 Cr. | 43.8 | 55.9/22.0 | 20.5 | 50.6 | 0.00 % | 7.55 % | 2.97 % | 5.00 |
| Garnet Construction Ltd | 96.1 Cr. | 69.1 | 77.8/21.6 | 3.73 | 74.0 | 0.00 % | 9.96 % | 7.47 % | 10.0 |
| Industry Average | 18,979.56 Cr | 453.39 | 80.81 | 149.42 | 0.59% | 12.99% | 12.86% | 6.13 |
All Competitor Stocks of Generic Engineering Construction & Projects Ltd
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 70.07 | 53.52 | 62.14 | 86.81 | 52.79 | 37.20 | 37.20 | 140.40 | 50.55 | 51.38 | 93.29 | 106.80 | 51.96 |
| Expenses | 62.66 | 44.97 | 52.33 | 71.12 | 44.90 | 31.40 | 31.39 | 132.94 | 42.71 | 42.23 | 85.21 | 95.61 | 43.37 |
| Operating Profit | 7.41 | 8.55 | 9.81 | 15.69 | 7.89 | 5.80 | 5.81 | 7.46 | 7.84 | 9.15 | 8.08 | 11.19 | 8.59 |
| OPM % | 10.58% | 15.98% | 15.79% | 18.07% | 14.95% | 15.59% | 15.62% | 5.31% | 15.51% | 17.81% | 8.66% | 10.48% | 16.53% |
| Other Income | 0.24 | 0.26 | 0.26 | 0.61 | 0.71 | 1.71 | 2.67 | 0.74 | 0.38 | 0.44 | 0.63 | 6.87 | 0.45 |
| Interest | 1.46 | 1.86 | 2.37 | 5.73 | 3.74 | 1.84 | 2.81 | 1.30 | 3.37 | 4.16 | 2.50 | 3.23 | 2.09 |
| Depreciation | 1.93 | 3.30 | 3.42 | 2.72 | 2.56 | 2.48 | 2.48 | 3.12 | 2.29 | 2.42 | 3.19 | 4.77 | 3.47 |
| Profit before tax | 4.26 | 3.65 | 4.28 | 7.85 | 2.30 | 3.19 | 3.19 | 3.78 | 2.56 | 3.01 | 3.02 | 10.06 | 3.48 |
| Tax % | 25.82% | 15.62% | 25.70% | 24.84% | 10.00% | -0.63% | -0.63% | -14.55% | 23.83% | 28.57% | 39.74% | 38.27% | 42.24% |
| Net Profit | 3.16 | 3.08 | 3.18 | 5.90 | 2.06 | 3.22 | 3.22 | 4.33 | 1.96 | 2.15 | 1.82 | 6.21 | 2.00 |
| EPS in Rs | 0.75 | 0.73 | 0.75 | 1.11 | 0.39 | 0.61 | 0.61 | 0.82 | 0.37 | 0.38 | 0.32 | 1.09 | 0.35 |
Last Updated: August 19, 2025, 2:45 pm
Below is a detailed analysis of the quarterly data for Generic Engineering Construction & Projects Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 51.96 Cr.. The value appears to be declining and may need further review. It has decreased from 106.80 Cr. (Mar 2025) to 51.96 Cr., marking a decrease of 54.84 Cr..
- For Expenses, as of Jun 2025, the value is 43.37 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 95.61 Cr. (Mar 2025) to 43.37 Cr., marking a decrease of 52.24 Cr..
- For Operating Profit, as of Jun 2025, the value is 8.59 Cr.. The value appears to be declining and may need further review. It has decreased from 11.19 Cr. (Mar 2025) to 8.59 Cr., marking a decrease of 2.60 Cr..
- For OPM %, as of Jun 2025, the value is 16.53%. The value appears strong and on an upward trend. It has increased from 10.48% (Mar 2025) to 16.53%, marking an increase of 6.05%.
- For Other Income, as of Jun 2025, the value is 0.45 Cr.. The value appears to be declining and may need further review. It has decreased from 6.87 Cr. (Mar 2025) to 0.45 Cr., marking a decrease of 6.42 Cr..
- For Interest, as of Jun 2025, the value is 2.09 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.23 Cr. (Mar 2025) to 2.09 Cr., marking a decrease of 1.14 Cr..
- For Depreciation, as of Jun 2025, the value is 3.47 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.77 Cr. (Mar 2025) to 3.47 Cr., marking a decrease of 1.30 Cr..
- For Profit before tax, as of Jun 2025, the value is 3.48 Cr.. The value appears to be declining and may need further review. It has decreased from 10.06 Cr. (Mar 2025) to 3.48 Cr., marking a decrease of 6.58 Cr..
- For Tax %, as of Jun 2025, the value is 42.24%. The value appears to be increasing, which may not be favorable. It has increased from 38.27% (Mar 2025) to 42.24%, marking an increase of 3.97%.
- For Net Profit, as of Jun 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.21 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 4.21 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.35. The value appears to be declining and may need further review. It has decreased from 1.09 (Mar 2025) to 0.35, marking a decrease of 0.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 3:16 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 42 | 159 | 202 | 200 | 130 | 260 | 273 | 289 | 302 | 314 |
| Expenses | 0 | 0 | 0 | 40 | 139 | 173 | 171 | 113 | 229 | 231 | 261 | 266 | 278 |
| Operating Profit | 0 | 0 | 0 | 2 | 20 | 29 | 29 | 17 | 31 | 41 | 28 | 36 | 36 |
| OPM % | 13% | 22% | 13% | 6% | 12% | 15% | 15% | 13% | 12% | 15% | 10% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 4 | 8 | 10 |
| Interest | 0 | 0 | 0 | 1 | 2 | 4 | 5 | 6 | 8 | 11 | 10 | 13 | 12 |
| Depreciation | 0 | 0 | 0 | 0 | 2 | 4 | 5 | 8 | 8 | 11 | 11 | 13 | 15 |
| Profit before tax | 0 | 0 | 0 | 2 | 16 | 23 | 19 | 4 | 17 | 20 | 11 | 19 | 19 |
| Tax % | 0% | 50% | 14% | 27% | 27% | 31% | 25% | 34% | 20% | 24% | 1% | 35% | |
| Net Profit | 0 | 0 | 0 | 2 | 12 | 16 | 15 | 3 | 14 | 15 | 11 | 12 | 12 |
| EPS in Rs | 0.02 | 0.02 | 0.19 | 0.50 | 3.16 | 3.87 | 3.45 | 0.66 | 3.30 | 2.89 | 2.10 | 2.13 | 2.14 |
| Dividend Payout % | 0% | 0% | 0% | 10% | 2% | 1% | 1% | 8% | 2% | 2% | 2% | 0% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 500.00% | 33.33% | -6.25% | -80.00% | 366.67% | 7.14% | -26.67% | 9.09% |
| Change in YoY Net Profit Growth (%) | 0.00% | -466.67% | -39.58% | -73.75% | 446.67% | -359.52% | -33.81% | 35.76% |
Generic Engineering Construction & Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 110% |
| 5 Years: | 9% |
| 3 Years: | 5% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 90% |
| 5 Years: | -4% |
| 3 Years: | -4% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | 10% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 4% |
Last Updated: September 5, 2025, 3:35 pm
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 254 | 324 | 163 | 129 | 90 | 133 | 132 | 177 | 124 | 116 | 148 | 146 |
| Inventory Days | 0 | 0 | 0 | 289 | 99 | 58 | 208 | 401 | 282 | 289 | 321 | 1,082 |
| Days Payable | 350 | 205 | 145 | 146 | 237 | 181 | 181 | 430 | 946 | |||
| Cash Conversion Cycle | 254 | 324 | 163 | 67 | -16 | 46 | 193 | 341 | 225 | 225 | 38 | 281 |
| Working Capital Days | 254 | 304 | 116 | -19 | 33 | 103 | 130 | 185 | 107 | 154 | 167 | 176 |
| ROCE % | 0% | 0% | 3% | 9% | 19% | 18% | 13% | 5% | 11% | 11% | 7% | 8% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 |
|---|---|
| FaceValue | 5.00 |
| Basic EPS (Rs.) | 1.63 |
| Diluted EPS (Rs.) | 1.57 |
| Cash EPS (Rs.) | 4.35 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 49.92 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 49.92 |
| Revenue From Operations / Share (Rs.) | 53.00 |
| PBDIT / Share (Rs.) | 7.82 |
| PBIT / Share (Rs.) | 5.60 |
| PBT / Share (Rs.) | 3.27 |
| Net Profit / Share (Rs.) | 2.13 |
| NP After MI And SOA / Share (Rs.) | 2.13 |
| PBDIT Margin (%) | 14.76 |
| PBIT Margin (%) | 10.56 |
| PBT Margin (%) | 6.17 |
| Net Profit Margin (%) | 4.01 |
| NP After MI And SOA Margin (%) | 4.01 |
| Return on Networth / Equity (%) | 4.26 |
| Return on Capital Employeed (%) | 10.80 |
| Return On Assets (%) | 2.65 |
| Long Term Debt / Equity (X) | 0.03 |
| Total Debt / Equity (X) | 0.23 |
| Current Ratio (X) | 2.02 |
| Quick Ratio (X) | 1.53 |
| Interest Coverage Ratio (X) | 3.36 |
| Interest Coverage Ratio (Post Tax) (X) | 1.91 |
| Enterprise Value (Cr.) | 215.55 |
| EV / Net Operating Revenue (X) | 0.71 |
| EV / EBITDA (X) | 4.83 |
| MarketCap / Net Operating Revenue (X) | 0.54 |
| Price / BV (X) | 0.57 |
| Price / Net Operating Revenue (X) | 0.54 |
| EarningsYield | 0.07 |
After reviewing the key financial ratios for Generic Engineering Construction & Projects Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. No previous period data is available for comparison.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.63. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.57. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.35. This value is within the healthy range. No previous period data is available for comparison.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 49.92. No previous period data is available for comparison.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 49.92. No previous period data is available for comparison.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 53.00. No previous period data is available for comparison.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 7.82. This value is within the healthy range. No previous period data is available for comparison.
- For PBIT / Share (Rs.), as of Mar 25, the value is 5.60. This value is within the healthy range. No previous period data is available for comparison.
- For PBT / Share (Rs.), as of Mar 25, the value is 3.27. This value is within the healthy range. No previous period data is available for comparison.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 2.13. This value is within the healthy range. No previous period data is available for comparison.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 2.13. This value is within the healthy range. No previous period data is available for comparison.
- For PBDIT Margin (%), as of Mar 25, the value is 14.76. This value is within the healthy range. No previous period data is available for comparison.
- For PBIT Margin (%), as of Mar 25, the value is 10.56. This value is within the healthy range. No previous period data is available for comparison.
- For PBT Margin (%), as of Mar 25, the value is 6.17. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For Net Profit Margin (%), as of Mar 25, the value is 4.01. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.01. This value is below the healthy minimum of 8. No previous period data is available for comparison.
- For Return on Networth / Equity (%), as of Mar 25, the value is 4.26. This value is below the healthy minimum of 15. No previous period data is available for comparison.
- For Return on Capital Employeed (%), as of Mar 25, the value is 10.80. This value is within the healthy range. No previous period data is available for comparison.
- For Return On Assets (%), as of Mar 25, the value is 2.65. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.03. This value is below the healthy minimum of 0.2. No previous period data is available for comparison.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.23. This value is within the healthy range. No previous period data is available for comparison.
- For Current Ratio (X), as of Mar 25, the value is 2.02. This value is within the healthy range. No previous period data is available for comparison.
- For Quick Ratio (X), as of Mar 25, the value is 1.53. This value is within the healthy range. No previous period data is available for comparison.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.36. This value is within the healthy range. No previous period data is available for comparison.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.91. This value is below the healthy minimum of 3. No previous period data is available for comparison.
- For Enterprise Value (Cr.), as of Mar 25, the value is 215.55. No previous period data is available for comparison.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.71. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For EV / EBITDA (X), as of Mar 25, the value is 4.83. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For Price / BV (X), as of Mar 25, the value is 0.57. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For EarningsYield, as of Mar 25, the value is 0.07. This value is below the healthy minimum of 5. No previous period data is available for comparison.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.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:
- Net Profit Margin: 4.01%
- 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.
- ROCE: 10.8% (Industry Average ROCE: 12.59%)
- 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.
- ROE%: 4.26% (Industry Average ROE: 12.06%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.91
- 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.
- Quick Ratio: 1.53
- 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.
- Stock P/E: 20.5 (Industry average Stock P/E: 68.18)
- 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.
- Total Debt / Equity: 0.23
- 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.
Stock Rating: - Net Profit Margin: 4.01%
About the Company - Qualitative Analysis
| 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 |

