
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 βΉ7.71 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
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
- Website shah-construction.in
- Legal Name Shah Construction Company Limited
- Date of Incorporation 05 Apr, 1949
- Jurisdiction Mumbai, Maharashtra, India
- 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 Count18
Associated legal entities of Shah Construction
Shah Construction operates through Shah Construction Company Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shah Construction Company Limited Listed CIN L45202MH1949PLC007048 | Active | 05 Apr 1949 | Mumbai, Maharashtra | ₹7.7 Cr | 18 | 8 | View details |
Products & Services of Shah Construction
Shah Construction offers a comprehensive portfolio of products and services, including Construction Services and Machining and Supply Services.
Erection and construction of buildings and works are undertaken, including electric works, water works, and road building.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Keshardeo Poddar DIN 00158597 | Director | 30 Sep 1995 | 31 yrs 1 mo | Shah Construction Company Limited |
| Sanjay Damji Shah DIN 00292226 | Director | 22 Feb 2008 | 18 yrs 8 mo | Shah Construction Company Limited |
| Mehul Jadavji Shah DIN 00933528 | Director | 15 Jan 2015 | 11 yrs 9 mo | Shah Construction Company Limited |
| Jaywanti Jadavji Shah DIN 03327810 | Director | 26 Mar 2015 | 11 yrs 7 mo | Shah Construction Company Limited |
| Hitesh Sangoi DIN 00507189 | Director | 30 Jun 2021 | 5 yrs 4 mo | Shah Construction Company Limited |
| Ravindra Kanji Myatra DIN 00298604 | Director | 10 Aug 2022 | 4 yrs 2 mo | Shah 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· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5.24 | 3.71 | 2.80 | 2.38 | 2.70 | 1.73 | 4.37 |
| Revenue growth | +41.2% | +32.5% | +17.7% | -11.9% | +56.1% | -60.4% | - |
| EBITDA | 1.14 | (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 (βΉ) | (110.16) | (166.87) | (151.21) | (158.31) | (253.77) | (298.58) | (669.05) |
| Balance sheet | |||||||
| Total assets | 22.13 | 19.90 | 17.67 | 16.70 | 14.97 | 13.84 | 15.28 |
| Net worth | (47.49) | (45.71) | (43.03) | (40.59) | (38.04) | (33.95) | (29.14) |
| Total debt | 68.80 | 64.24 | 58.81 | 54.93 | 49.66 | 47.54 | 44.15 |
| Cash & bank | 2.48 | 0.22 | 0.38 | 0.14 | 3.06 | 0.02 | 0.01 |
| 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) | 30.35 | 0.00 | (3.39) | (2.35) |
| Cash from investing | (0.08) | 0.00 | (0.06) | (39.33) | (0.08) | (0.09) | (0.02) |
| Cash from financing | 5.07 | 6.22 | 4.50 | 6.07 | 3.11 | 3.50 | 2.19 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.32 | 1.45 | 1.29 | 1.27 | 1.23 | 1.04 | 0.89 | 0.89 |
| Revenue growth (YoY) | +7.3% | +39.4% | +44.9% | +42.7% | +38.2% | - | - | - |
| Other income | 0.66 | 0.72 | 0.71 | 0.59 | 0.45 | 0.83 | 0.45 | 0.49 |
| Total expenses | 1.37 | 1.22 | 1.04 | 1.12 | 0.73 | 0.71 | 1.59 | 0.68 |
| EBITDA | (0.05) | 0.23 | 0.25 | 0.15 | 0.50 | 0.33 | (0.70) | 0.21 |
| EBITDA margin | -3.8% | +15.9% | +19.4% | +11.8% | +40.7% | +31.7% | -78.7% | +23.6% |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Interest | 1.46 | 1.31 | 1.36 | 1.34 | 1.34 | 1.22 | 1.44 | 1.13 |
| Profit before tax | (0.87) | (0.39) | (0.42) | (0.62) | (0.41) | (0.09) | (1.72) | (0.46) |
| Tax | 0.00 | (0.06) | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.32 | 1.45 | 1.29 | 1.27 | 1.23 | 1.04 | 0.89 | 0.89 |
| Revenue growth (YoY) | +7.3% | +39.4% | +44.9% | +42.7% | +38.2% | - | - | - |
| Other income | 0.66 | 0.72 | 0.71 | 0.59 | 0.45 | 0.83 | 0.45 | 0.49 |
| Total expenses | 1.37 | 1.22 | 1.04 | 1.12 | 0.73 | 0.71 | 1.59 | 0.68 |
| EBITDA | (0.05) | 0.23 | 0.25 | 0.15 | 0.50 | 0.33 | (0.70) | 0.21 |
| EBITDA margin | -3.8% | +15.9% | +19.4% | +11.8% | +40.7% | +31.7% | -78.7% | +23.6% |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Interest | 1.46 | 1.31 | 1.36 | 1.34 | 1.34 | 1.22 | 1.44 | 1.13 |
| Profit before tax | (0.87) | (0.39) | (0.42) | (0.62) | (0.41) | (0.09) | (1.72) | (0.46) |
| Tax | 0.00 | (0.06) | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5.24 | 3.71 | 2.80 | 2.38 | 2.70 | 1.73 | 4.37 |
| Revenue growth | +41.2% | +32.5% | +17.7% | -11.9% | +56.1% | -60.4% | - |
| Other income | 2.47 | 2.43 | 1.76 | 1.81 | 0.26 | 0.16 | 2.69 |
| Total expenses | 4.10 | 3.77 | 2.76 | 2.83 | 3.59 | 3.42 | 14.86 |
| Employee cost | 0.00 | 0.71 | 0.53 | 0.52 | 0.57 | 0.43 | 0.54 |
| EBITDA | 1.14 | (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% |
| Depreciation | 0.09 | 0.11 | 0.13 | 0.14 | 0.18 | 0.24 | 0.28 |
| Interest | 5.35 | 4.92 | 4.09 | 3.78 | 3.29 | 2.98 | 2.69 |
| Profit before tax | (1.83) | (2.66) | (2.42) | (2.56) | (4.10) | (4.75) | (10.77) |
| Tax | (0.06) | 0.03 | 0.00 | 0.00 | 0.00 | 0.06 | 0.02 |
| 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 (βΉ) | (110.16) | (166.87) | (151.21) | (158.31) | (253.77) | (298.58) | (669.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 49.81 | 49.81 | 49.81 | 49.81 | 49.81 | 49.81 | 49.81 |
| 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 loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 68.80 | 64.24 | 58.81 | 54.93 | 49.66 | 47.54 | 44.15 |
| Total debt | 68.80 | 64.24 | 58.81 | 54.93 | 49.66 | 47.54 | 44.15 |
| Total liabilities | 22.13 | 19.90 | 17.67 | 16.70 | 14.97 | 13.84 | 15.28 |
| Assets | |||||||
| Gross block | 57.79 | 57.71 | 57.71 | 57.64 | 18.23 | 16.47 | 18.21 |
| Net block | 55.31 | 55.31 | 55.42 | 55.48 | 16.21 | 16.47 | 16.61 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 20.36 | 20.36 | 20.36 | 19.68 | 19.08 | 18.73 | 18.45 |
| Sundry debtors | 3.52 | 2.80 | 2.06 | 0.86 | 0.37 | 1.58 | 2.00 |
| Cash & bank balances | 2.48 | 0.22 | 0.38 | 0.14 | 3.06 | 0.02 | 0.01 |
| Loans & advances | 0.09 | 0.09 | 0.20 | 0.05 | 0.01 | 0.19 | 0.03 |
| Total current assets | 26.45 | 23.47 | 23.00 | 20.73 | 22.52 | 20.52 | 20.49 |
| Total current liabilities | 61.81 | 61.78 | 63.97 | 62.46 | 26.52 | 25.50 | 24.56 |
| Net working capital | (35.36) | (38.31) | (40.97) | (41.73) | (4.00) | (4.98) | (4.07) |
| Total assets | 22.13 | 19.90 | 17.67 | 16.70 | 14.97 | 13.84 | 15.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.22 | 0.38 | 0.14 | 3.06 | 0.02 | 0.01 | 0.18 |
| Net cash from operating activities | (2.72) | (6.37) | (4.20) | 30.35 | 0.00 | (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 activities | 5.07 | 6.22 | 4.50 | 6.07 | 3.11 | 3.50 | 2.19 |
| Net change in cash | 2.26 | (0.16) | 0.23 | (2.91) | 3.03 | 0.02 | (0.17) |
| Closing cash | 2.48 | 0.22 | 0.38 | 0.14 | 3.06 | 0.02 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 509.52 | -2,894.12 | -4,544.44 | -640.68 | -307.48 | -154.40 | -24.98 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.07 | 0.05 | 0.08 | 0.24 | 0.16 | 0.27 |
| Inventory turnover | - | 0.18 | 0.14 | 0.12 | 0.14 | 0.09 | 0.24 |
| Debtors turnover | - | 1.53 | 1.92 | 3.87 | 2.77 | 0.97 | 2.05 |
| EPS (βΉ) | (110.16) | (166.87) | (151.21) | (158.31) | (253.77) | (298.58) | (669.05) |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 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 βΉ7.71 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.
