Shah Construction

Mumbai, India Founded: 1949 • Age: 77 yrs Listed
Construction, engineering, and industrial supply services in India.

About Shah Construction

Shah Construction is a publicly listed company based in Mumbai (India) founded in 1949. Construction, engineering, and industrial supply services in India. It operates in the Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. The company has 18 employees. Its Indian entity Shah Construction Company Limited reported revenue of β‚Ή7.71 Cr. Shah Construction offers products and services including Construction Services and Machining and Supply Services. Its focus areas include Construction, Industrial Supplies, Machinery and Parts and Railway Supplies.

Company details

Shah Construction Company Limited was incorporated in 1949 to acquire and continue the business of contractors and engineers previously operated as Shah Construction Co. It is engaged in undertaking the construction of buildings, works, and related services, including electric works, water works, road building, drainage, and sewage work. The company also handles machining for timber and wood-work used in construction and supplies parts for railways and vehicles. Financial operations are reflected in periodic revenue and profit figures, while core values emphasize integrity and teamwork. Directors and officers manage compliance and operations from its Mumbai base.

  • Headquarters Mumbai, India
  • Employees 18
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Website shah-construction.in
  • Legal Name Shah Construction Company Limited
  • Date of Incorporation 05 Apr, 1949
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Market Cap
    ₹0.98 Cr

    SHAHCON · BSE

  • Share Price
    ₹60.74

    0.00% today

  • Revenue
    ₹5.24 Cr

    FY 2025-26 · +41.2% YoY

  • EBITDA
    ₹1.14 Cr

    Margin 21.8%

  • Net Profit
    −₹1.77 Cr

    FY 2025-26 · +34.2% YoY

  • Employee Count
    18

Products & Services of Shah Construction

Shah Construction offers a comprehensive portfolio of products and services, including Construction Services and Machining and Supply Services.

Construction Services
Building and Engineering

Erection and construction of buildings and works are undertaken, including electric works, water works, and road building.

Machining and Supply Services
Industrial Services

Machining and other work for preparing timber and wood-work are carried out for building, construction, and supplying parts for railways and vehicles.

Board of directors of Shah Construction Company Limited (Shah Construction)

Shah Construction Company Limited is the primary company behind Shah Construction. The board of Shah Construction Company Limited currently have 6 directors; the longest-serving is Dinesh Keshardeo Poddar, appointed in 1995. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dinesh Keshardeo Poddar
DIN 00158597
Director30 Sep 199531 yrs 1 moShah Construction Company Limited
Sanjay Damji Shah
DIN 00292226
Director22 Feb 200818 yrs 8 moShah Construction Company Limited
Mehul Jadavji Shah
DIN 00933528
Director15 Jan 201511 yrs 9 moShah Construction Company Limited
Jaywanti Jadavji Shah
DIN 03327810
Director26 Mar 201511 yrs 7 moShah Construction Company Limited
Hitesh Sangoi
DIN 00507189
Director30 Jun 20215 yrs 4 moShah Construction Company Limited
Ravindra Kanji Myatra
DIN 00298604
Director10 Aug 20224 yrs 2 moShah Construction Company Limited

IPO & Listings of Shah Construction

Shah Construction is a publicly listed company on the BSE with ticker symbol SHAHCON in India, operating in the Realty sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onBSE: SHAHCON
  • Listed entityShah Construction Company Limited
  • Exchange sectorRealty

Financials of Shah Construction

Exchange-reported figures of Shah Construction Company Limited, the listed company behind Shah Construction (BSE: SHAHCON).

Financial Highlights

FY 2025-26 Β· Standalone
Revenue
₹5.24 Cr
+41.2% YoY
EBITDA
₹1.14 Cr
+2000.0% YoY
Profit After Tax
−₹1.77 Cr
+34.2% YoY
Net Worth
−₹47.49 Cr
-3.9% YoY
Total Assets
₹22.13 Cr
+11.2% YoY
Total Debt
₹68.80 Cr
+7.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5.243.712.802.382.701.734.37
Revenue growth+41.2%+32.5%+17.7%-11.9%+56.1%-60.4%-
EBITDA1.14(0.06)0.04(0.45)(0.89)(1.69)(10.49)
EBITDA margin+21.8%-1.6%+1.4%-18.9%-33.0%-97.7%-240.1%
Profit before tax(1.83)(2.66)(2.42)(2.56)(4.10)(4.75)(10.77)
Net profit(1.77)(2.69)(2.42)(2.56)(4.10)(4.81)(10.78)
Net profit margin-33.8%-72.5%-86.4%-107.6%-151.9%-278.0%-246.7%
EPS (β‚Ή)(110.16)(166.87)(151.21)(158.31)(253.77)(298.58)(669.05)
Balance sheet
Total assets22.1319.9017.6716.7014.9713.8415.28
Net worth(47.49)(45.71)(43.03)(40.59)(38.04)(33.95)(29.14)
Total debt68.8064.2458.8154.9349.6647.5444.15
Cash & bank2.480.220.380.143.060.020.01
Net working capital(35.36)(38.31)(40.97)(41.73)(4.00)(4.98)(4.07)
Cash flow
Cash from operations(2.72)(6.37)(4.20)30.350.00(3.39)(2.35)
Cash from investing(0.08)0.00(0.06)(39.33)(0.08)(0.09)(0.02)
Cash from financing5.076.224.506.073.113.502.19
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.321.451.291.271.231.040.890.89
Revenue growth (YoY)+7.3%+39.4%+44.9%+42.7%+38.2%---
Other income0.660.720.710.590.450.830.450.49
Total expenses1.371.221.041.120.730.711.590.68
EBITDA(0.05)0.230.250.150.500.33(0.70)0.21
EBITDA margin-3.8%+15.9%+19.4%+11.8%+40.7%+31.7%-78.7%+23.6%
Depreciation0.020.030.020.020.020.030.030.03
Interest1.461.311.361.341.341.221.441.13
Profit before tax(0.87)(0.39)(0.42)(0.62)(0.41)(0.09)(1.72)(0.46)
Tax0.00(0.06)0.000.000.000.030.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.321.451.291.271.231.040.890.89
Revenue growth (YoY)+7.3%+39.4%+44.9%+42.7%+38.2%---
Other income0.660.720.710.590.450.830.450.49
Total expenses1.371.221.041.120.730.711.590.68
EBITDA(0.05)0.230.250.150.500.33(0.70)0.21
EBITDA margin-3.8%+15.9%+19.4%+11.8%+40.7%+31.7%-78.7%+23.6%
Depreciation0.020.030.020.020.020.030.030.03
Interest1.461.311.361.341.341.221.441.13
Profit before tax(0.87)(0.39)(0.42)(0.62)(0.41)(0.09)(1.72)(0.46)
Tax0.00(0.06)0.000.000.000.030.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5.243.712.802.382.701.734.37
Revenue growth+41.2%+32.5%+17.7%-11.9%+56.1%-60.4%-
Other income2.472.431.761.810.260.162.69
Total expenses4.103.772.762.833.593.4214.86
Employee cost0.000.710.530.520.570.430.54
EBITDA1.14(0.06)0.04(0.45)(0.89)(1.69)(10.49)
EBITDA margin+21.8%-1.6%+1.4%-18.9%-33.0%-97.7%-240.1%
Depreciation0.090.110.130.140.180.240.28
Interest5.354.924.093.783.292.982.69
Profit before tax(1.83)(2.66)(2.42)(2.56)(4.10)(4.75)(10.77)
Tax(0.06)0.030.000.000.000.060.02
Net profit(1.77)(2.69)(2.42)(2.56)(4.10)(4.81)(10.78)
Net profit margin-33.8%-72.5%-86.4%-107.6%-151.9%-278.0%-246.7%
EPS (β‚Ή)(110.16)(166.87)(151.21)(158.31)(253.77)(298.58)(669.05)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital49.8149.8149.8149.8149.8149.8149.81
Reserves & surplus(97.30)(95.52)(92.84)(90.40)(87.85)(83.76)(78.95)
Shareholders' funds (net worth)(47.49)(45.71)(43.03)(40.59)(38.04)(33.95)(29.14)
Secured loans0.000.000.000.000.000.000.00
Unsecured loans68.8064.2458.8154.9349.6647.5444.15
Total debt68.8064.2458.8154.9349.6647.5444.15
Total liabilities22.1319.9017.6716.7014.9713.8415.28
Assets
Gross block57.7957.7157.7157.6418.2316.4718.21
Net block55.3155.3155.4255.4816.2116.4716.61
Capital work in progress0.000.000.000.000.080.000.00
Investments0.000.000.000.000.000.000.00
Inventories20.3620.3620.3619.6819.0818.7318.45
Sundry debtors3.522.802.060.860.371.582.00
Cash & bank balances2.480.220.380.143.060.020.01
Loans & advances0.090.090.200.050.010.190.03
Total current assets26.4523.4723.0020.7322.5220.5220.49
Total current liabilities61.8161.7863.9762.4626.5225.5024.56
Net working capital(35.36)(38.31)(40.97)(41.73)(4.00)(4.98)(4.07)
Total assets22.1319.9017.6716.7014.9713.8415.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.220.380.143.060.020.010.18
Net cash from operating activities(2.72)(6.37)(4.20)30.350.00(3.39)(2.35)
Net cash from investing activities(0.08)0.00(0.06)(39.33)(0.08)(0.09)(0.02)
Net cash from financing activities5.076.224.506.073.113.502.19
Net change in cash2.26(0.16)0.23(2.91)3.030.02(0.17)
Closing cash2.480.220.380.143.060.020.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+41.2%+32.5%+17.7%-11.9%+56.1%-60.4%-
EBITDA growth+2000.0%-250.0%+108.9%+49.4%+47.3%+83.9%-
PBT growth+31.2%-9.9%+5.5%+37.6%+13.7%+55.9%-888.1%
Net income growth+34.2%-11.2%+5.5%+37.6%+14.8%+55.4%-
Revenue CAGR (3Y)+30.1%+11.2%+17.4%-18.3%-21.0%-32.1%-3.9%
EBITDA CAGR (3Y)--59.3%--65.0%---
Profitability & leverage
Net income margin-33.8%-72.5%-86.4%-107.6%-151.9%-278.0%-246.9%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.000.000.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover509.52-2,894.12-4,544.44-640.68-307.48-154.40-24.98
Efficiency & per share
Fixed asset turnover-0.070.050.080.240.160.27
Inventory turnover-0.180.140.120.140.090.24
Debtors turnover-1.531.923.872.770.972.05
EPS (β‚Ή)(110.16)(166.87)(151.21)(158.31)(253.77)(298.58)(669.05)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.00(6,208.57)(6,042.21)(5,890.93)(5,733.04)(5,479.27)(5,180.69)
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Frequently Asked Questions about Shah Construction

Shah Construction was founded in 1949.

Shah Construction is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Shah Construction has 18 employees.

The primary company behind Shah Construction, Shah Construction Company Limited, reported revenue of β‚Ή7.71 Cr for FY 2026, up 41% year on year.

Shah Construction Company Limited was incorporated in 1949 to acquire and continue the business of contractors and engineers previously operated as Shah Construction Co. It is engaged in undertaking the construction of buildings, works, and related services, including electric works, water works, road building, drainage, and sewage work. The company also handles machining for timber and wood-work used in construction and supplies parts for railways and vehicles. Financial operations are reflected in periodic revenue and profit figures, while core values emphasize integrity and teamwork. Directors and officers manage compliance and operations from its Mumbai base.

Shah Construction offers Construction Services and Machining and Supply Services.

Yes, Shah Construction is publicly traded on BSE under the ticker symbol SHAHCON.

Shah Construction operates through Shah Construction Company Limited.

The legal entities of Shah Construction currently have 8 directors, including Ravindra Kanji Myatra, Mehul Jadavji Shah, Dinesh Keshardeo Poddar and others.

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