Gammon India Ltd

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OVERVIEW
FINANCIALS

About

Gammon India is a construction company dealing with areas like infrastructure management, transmission lines, and the power sector. It has designed and constructed bridges, dams, ports, international airports, highways, thermal nuclear power stations, high-rise structures, and more. It designs, operates, and constructs modern bridges, viaducts, and metro rail on a contract execution basis as well as a Build-Operate-Transfer (BOT) basis. It is known for its underwater concreting, reinforced and prestressed concrete, and long-span bridges. The Sharjah International Airport in UAE, Hotel Leela Palace in Chennai, and Godrej Kalyan in Mumbai are some of the projects undertaken by Gammon. Under the leadership of Ajit Desai, Gammon India is present in 121 countries, such as South Africa, Italy, Mexico, Portugal, and Bhutan.

Incorporation Year: 1922
Headquarters: Mumbai
Top Management: Abhijit Rajan
Industry: Engineering & Construction

Featured In Fortune India Ranking

Fortune 500 India
#232(2016)
#227(2015)
#188(2014)
#137(2013)
#122(2012)
#99(2011)
#89(2010)
#232(2016)#227(2015)#188(2014)#137(2013)#122(2012)#99(2011)#89(2010)
Ranking Trend Fortune 500 India
Next 500 India
#264(2020)
#264(2020)

Financial Data 2023

Revenue
517
(INR Cr)
Net Operating Income
115
(INR Cr)
Assets
-7,791
(INR Cr)
Profit
-926
(INR Cr)
Net Worth
-8,168
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202320222021202020192018201720162014201320132012201120102009
Revenue
(INR Cr)
517
1134.6%
42
-76.1%
175
-21.3%
223
-79.8%
1101
5.9%
1040
-40.1%
1735
-77.3%
7628
98.8%
3836
-15.3%
7935
-6.0%
4528
-42.9%
8445
4.0%
8121
4.3%
7785
49.6%
5205
-
Net Operating Income
(INR Cr)
115
313.11%
28
-48.92%
55
-36.88%
86
-91.22%
984
35.47%
727
-56.43%
1668
-79.11%
7982
107.72%
3843
-21.08%
7494
-8.03%
4869
-35.03%
8149
-7.41%
8801
25.83%
6994
36.73%
5115
95.85%
Profit
(INR Cr)
-926
-
-1168
-
-782
-
-630
-
-1210
-
-1551
-
-1086
-
-779
-
-729
-
-850
-
-762
-
-105
-
110
140.7%
46
-18.9%
56
-
Assets
(INR Cr)
-7791
-33.1%
-5856
-29.4%
-4524
-467.2%
1232
-40.3%
2065
-45.1%
3759
-60.3%
9458
-18.4%
11587
-25.9%
15642
23.4%
12596
3.2%
12681
0.7%
12209
20.4%
10144
33.4%
7603
21.7%
6246
-
Net Worth
(INR Cr)
-8168
-25.7%
-6497
-25.6%
-5174
-20.0%
-4311
-27.7%
-3375
-55.8%
-2167
-442.4%
-400
-281.1%
221
151.0%
-433
-407.8%
974
-48.6%
141
-85.6%
1894
-0.4%
1900
2.4%
1856
39.3%
1332
13.3%
Employee Cost
(INR Cr)
10
10.3%
9
7.7%
8
-7.7%
9
-69.4%
29
-26.0%
39
-75.2%
155
-76.5%
661
53.7%
430
-25.6%
969
0.0%
578
-40.4%
969
8.2%
895
15.2%
777
59.1%
489
-
Interest Cost
(INR Cr)
9678737536956877868751757699896721705509436281
Cash & Bank Balance
(INR Cr)
71614121338116586279461249747571555611
Total Debt
(INR Cr)
256572572543053295750814994771106110269110869103712452554327

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202320222021202020192018201720162014201320132012201120102009
Profit As % Of Revenues ------------1.4%0.6%1.1%
Profit As % Of Assets ------------1.1%0.6%0.9%
Profit As % Of Networth ------------5.8%2.5%4.2%
Interest Cost to EBITDA % -------135.0%361.9%367.5%-99.7%109.6%64.6%67.9%
Debt to Equity Ratio -------42.95-10.5478.844.813.752.833.25
RONW ------------5.7%1.4%2.5%
ROCE 0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%9.1%8.4%8.5%