Gilcon Project Services Limited
About Gilcon Project Services Limited
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Gilcon Project Services Limited is a public limited company based in Mumbai, , India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 December 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1976PLC019381. Its GSTIN is 27AAACG1258K1ZL (Maharashtra).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹12.5 Lakh. It is led by directors including Ashishkumar Tarapada Chatterjee (Managing Director) and Rohidas Harischandra Patil.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 6/B 6th Floor Sterlingcentre Dr A B Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.83 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 64.5%) and EBITDA of ₹4.26 Cr (EBITDA margin 88.3%). Revenue has grown at a compounded annual rate (CAGR) of 506% over three years and 63% over five years.
Court records list 6 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6/B 6th Floor Sterlingcentre Dr A B Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryBusiness Outsourcing, Business & IT Consulting
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Gilcon Project Services Limited
The main business activity of Gilcon Project Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gilcon Project Services Limited FY 2021 filings available
Gilcon Project Services Limited reported revenue of ₹4.83 Cr (up 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Gilcon Project Services Limited
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 2% growth in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Gilcon Project Services Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.12 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Gilcon Project Services Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 64.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gilcon Project Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gilcon Project Services Limited
Gilcon Project Services Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MK Innovation Consulting Private Limited | ₹4.84 Cr (FY 2024) | •••• | •••• | 1943.0% | •••• | Mumbai, Maharashtra, India |
| Sagevisor Capital Advisors Private Limited | ₹4.83 Cr (FY 2025) | •••• | •••• | •••• | Jogeshwari East, Maharashtra, India | |
| Ara Financial Services Private Limited | ₹4.83 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bengaluru, Karnataka, India |
| VR Wealth Advisors Private Limited | ₹4.83 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Acquisory India Consulting Private Limited | ₹4.83 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
| Gilcon Project Services Limited this company | ₹4.83 Cr (FY 2021) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Pyramids Fashions Private Limited | ₹4.83 Cr (FY 2019) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Psan Advisors Private Limited | ₹4.83 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Jaipur, Rajasthan, India |
| PJD Properties and Investments Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Thrissur, Kerala, India |
| R.S. Aerotech Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | India |
| Adilabs Consulting Services Private Limited (OPC) | ₹4.82 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Gilcon Project Services by revenue in the Outsourcing industry (Consulting Services, Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gilcon Project Services Limited
Gilcon Project Services Limited is audited by CHAITANYA C DALAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAITANYA C DALAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gilcon Project Services Limited
Gilcon Project Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohidas Harischandra Patil | Director | 20 Oct 2020 | 5 Years 11 Months | Current |
| Mohan Vasant Jatkar Also directs: Gammon Retail Infrastructure Private Limited | Director | 27 Aug 1999 | 27 Years 1 Months | Current |
| Ashishkumar Tarapada Chatterjee | Managing Director | 15 Sep 1999 | 27 Years 0 Months | Current |
Ownership and Shareholding of Gilcon Project Services Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gilcon Project Services Limited
Gilcon Project Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gilcon Project Services Limited
Gilcon Project Services Limited has 6 court cases on record: 2 filed by Gilcon Project Services, 2 filed against it, 2 where it is another party. 2 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 2 | 0 | 2 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Execution petition | Filed by the company against an individual | Pending |
| High Court of Chhattisgarh | Court case (WPPIL) | Company is another party | Disposed |
| High Court of Chhattisgarh | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court of Chhattisgarh | Court case (WPS) | Company is another party | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Gilcon Project Services Limited
Employment history and EPFO contributions of people linked to Gilcon Project Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Gilcon Project Services Limited
Gilcon Project Services has one previous CIN (Corporate Identification Number): U74999MH1976PTC019381. The current CIN is U74999MH1976PLC019381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1976PLC019381 | Current |
| U74999MH1976PTC019381 | Previous |
Recent Activity on Gilcon Project Services Limited
Gilcon Project Services Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Rohidas Harischandra Patil ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Gilcon Project Services Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gilcon Project Services Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gilcon Project Services Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gilcon Project Services Limited
Gilcon Project Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1258K1ZL | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gilcon Project Services Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gilcon Project Services Limited
Gilcon Project Services is an active public limited company based in Mumbai, , India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 December 1976 (50+ years old) and is registered under CIN U74999MH1976PLC019381.
Gilcon Project Services reported revenue of ₹4.83 Cr for FY 2021 (up 2% YoY).
Gilcon Project Services has 3 current directors:
- Ashishkumar Tarapada Chatterjee - Managing Director
- Rohidas Harischandra Patil - Director
- Mohan Vasant Jatkar - Director
Gilcon Project Services reported a net profit of ₹3.12 Cr (net margin 64.5%) and EBITDA of ₹4.26 Cr (EBITDA margin 88.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gilcon Project Services is 506% over three years and 63% over five years. In the latest year (FY 2021) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gilcon Project Services is 27AAACG1258K1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gilcon Project Services is U74999MH1976PLC019381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gilcon Project Services has 6 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Gilcon Project Services was incorporated on 21 December 1976, making it 50+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gilcon Project Services by revenue are MK Innovation Consulting Private Limited, Sagevisor Capital Advisors Private Limited, Ara Financial Services Private Limited, VR Wealth Advisors Private Limited, Acquisory India Consulting Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Other Financial Services).
Rohidas Harischandra Patil ceased to be Additional Director on 31 Dec 2020. Rohidas Harischandra Patil was appointed as Director on 20 Oct 2020. Santosh Ramchandra Naik ceased to be Additional Director on 20 Oct 2020. Gilcon Project Services has 6 board changes on record in total.