About Gammon India Limited
Data last updated: 14 July 2026
Gammon India Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 15 June 1922, the company has been in operation for over 104 years.
Registered with ROC Mumbai under CIN L74999MH1922PLC000997. Listed on BSE: 509550.
Capital: an authorised share capital of ₹15,047 Cr and a paid-up capital of ₹73.91 Cr. Formerly known as J . C Gammon (Bombay) Limited and Gammon India Private Limited. It is led by directors including Ashok Bhikamchand Bhutada and Dakshinamurty Vemparla.
Last AGM: 05 December 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per NSE-filed consolidated financials for FY 2023, the company reported a revenue of ₹115.05 Cr, reflecting significant growth compared to the previous year. Total assets are valued at ₹2,727.48 Cr.
The company has a workforce of approximately 201 employees as per the latest available data. Its group structure includes 9 subsidiaries.
The company is associated with 2 brands - Gammon, Gammon Infrastructure Projects. As per MCA filings, the company has open charges of ₹38,516 Cr and satisfied charges of ₹1,440.08 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gammonindia.com.
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Registered AddressFloor 3Rd Plot No – 3/8 Hamilton House J.N. Heredia Marg Ballard Estate Mumba, I 400038, Mumbai, Maharashtra, India – 400038
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IndustryInfrastructure and Utilities, General Construction Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Gammon India Limited
Gammon India Limited has undergone 2 name changes throughout its history. The company was previously known as J . C Gammon (Bombay) Limited, and Gammon India Private Limited. The current legal name is Gammon India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Gammon India Limited | Current |
| J . C Gammon (Bombay) Limited | Previous |
| Gammon India Private Limited | Previous |
CIN History of Gammon India Limited
Gammon India Limited has one previous CIN (Corporate Identification Number): U74999MH1922PTC000997. The current CIN is L74999MH1922PLC000997, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH1922PLC000997 | Current |
| U74999MH1922PTC000997 | Previous |
Associated Brands with Gammon India Limited
Gammon India Limited operates two associated brands: Gammon and Gammon Infrastructure Projects. These brands represent Gammon India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development services are provided for construction projects in India. | gammonindia.com | |
| Commercial properties are developed in the infrastructure sector since 2001. | gammoninfra.com |
Competitors & Alternatives of Gammon India Limited
Brands and companies operating in the same space as Gammon India Limited include Reliance Infrastructure, Jaypee Infratech, KNRCL and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Electricity generation, transmission, distribution, and trading are managed in India. | Mumbai, India, India | 1929 |
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Developer of power & other infrastructure | Noida, India, India | 2007 |
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Real estate project development services are provided in India. | Hyderabad, India, India | 1995 |
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Electrical and digital solutions for building infrastructures are provided. | Limoges, France, France | 1860 |
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Infrastructure development services are provided across various sites. | Cirencester, United Kingdom, United Kingdom | 2008 |
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Developer of oil & gas, underground, and urban infrastructure | Mumbai, India, India | 1959 |
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Steel logistics, equipment rentals, and warehousing solutions are provided. | Mumbai, India, India | 2012 |
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Infrastructure construction, healthcare, and SG cast iron products are provided. | Kolkata, India, India | 1980 |
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Provider of infrastructure development services | Mumbai, India, India | 1998 |
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Urban infrastructure projects including highways and bridges are developed. | Mumbai, India, India | 1931 |
Business Activity of Gammon India Limited
Gammon India Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details for Gammon India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Gammon India Limited
Gammon India Limited is audited by For Natvarlal Vepari & Co for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For Natvarlal Vepari & Co | Locked | Locked | Locked |
Complete auditor history for Gammon India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Gammon India Limited
Gammon India Limited is currently managed by 6 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Bhikamchand Bhutada | Director | 21 Nov 2025 | 0 Years 9 Months | Current |
| Dakshinamurty Vemparla | Whole-Time Director | 24 Oct 2025 | 0 Years 9 Months | Current |
| Vishwas Madhusudan Joglekar | Director | 02 Aug 2025 | 1 Years 0 Months | Current |
| Lily Bhushan | Director | 25 Mar 2025 | 1 Years 4 Months | Current |
| Mahendra Ujamshi Shah | Director | 27 Dec 2023 | 2 Years 7 Months | Current |
| Ajay Krishan Bhatnagar | Additional Director | 30 May 2026 | 0 Years 2 Months | Current |
Financials of Gammon India Limited FY 2023 filings available
Gammon India Limited reported revenue of ₹115.05 Cr (up 313.1% YoY) for FY 2023.
| Metrics | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹115.05 Cr | ₹27.85 Cr | ₹54.52 Cr | ₹86.38 Cr |
| Other Income | ₹123.26 Cr | ₹13.61 Cr | ₹120.72 Cr | ₹136.4 Cr |
| Total Income | ₹238.31 Cr | ₹41.46 Cr | ₹175.24 Cr | ₹222.78 Cr |
| Cost of Materials Consumed | ₹29.84 Cr | ₹11.42 Cr | ₹14.36 Cr | ₹17.74 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹3.72 Cr |
| Changes in Inventories | ₹21.95 Cr | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.57 Cr | ₹8.68 Cr | ₹8.06 Cr | ₹8.73 Cr |
| Finance Costs | ₹965.34 Cr | ₹870.56 Cr | ₹751.95 Cr | ₹693.87 Cr |
| Depreciation & Amortisation | ₹2.22 Cr | ₹3.7 Cr | ₹9.11 Cr | ₹11.03 Cr |
| Other Expenses | ₹156.33 Cr | ₹326.81 Cr | ₹151.2 Cr | ₹115.47 Cr |
| Total Expenses | ₹1,185.26 Cr | ₹1,221.17 Cr | ₹934.68 Cr | ₹850.56 Cr |
| Profit Before Exceptional Items & Tax | -₹946.95 Cr | -₹1,179.71 Cr | -₹759.44 Cr | -₹627.78 Cr |
| Exceptional Items | ₹39.6 Cr | ₹0 | -₹35.7 Cr | ₹0 |
| Profit Before Tax | -₹907.35 Cr | -₹1,179.71 Cr | -₹795.14 Cr | -₹627.78 Cr |
| Total Tax Expense | -₹10.47 Cr | ₹1.23 Cr | -₹76 Lakh | ₹23 Lakh |
| Net Profit | -₹897.18 Cr | -₹1,180.51 Cr | -₹794.72 Cr | -₹630.79 Cr |
| attributable to Owners | -₹926.49 Cr | -₹1,167.88 Cr | -₹781.68 Cr | -₹629.82 Cr |
| attributable to NCI | ₹29.31 Cr | -₹12.63 Cr | -₹13.04 Cr | -₹97 Lakh |
| Other Comprehensive Income | -₹744.84 Cr | -₹154.57 Cr | -₹70.08 Cr | -₹306.46 Cr |
| Total Comprehensive Income | -₹1,642.02 Cr | -₹1,335.08 Cr | -₹864.8 Cr | -₹937.25 Cr |
| EBITDA (computed) | ₹20.61 Cr | -₹305.45 Cr | ₹1.62 Cr | ₹77.12 Cr |
| Basic EPS | ₹25.12 | ₹-31.66 | ₹-21.19 | ₹-17.08 |
| Diluted EPS | ₹25.12 | ₹-31.66 | ₹-21.19 | ₹-17.08 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹2,727.48 Cr |
| Non-current Assets | ₹2,057.2 Cr |
| Current Assets | ₹670.29 Cr |
| Property, Plant & Equipment | ₹405.51 Cr |
| Inventories | ₹503 Cr |
| Trade Receivables | ₹31.05 Cr |
| Cash & Equivalents | ₹2.3 Cr |
| Equity (Net Worth) | -₹8,284.99 Cr |
| Equity Share Capital | ₹74.11 Cr |
| Borrowings (Non-current) | ₹103 Cr |
| Borrowings (Current) | ₹153.35 Cr |
| Total Debt (computed) | ₹256.35 Cr |
| Current Liabilities | ₹10,580 Cr |
| Total Liabilities | ₹11,012 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | -₹25.3 Cr | -₹1.21 Cr |
| Investing Cash Flow | ₹13.77 Cr | ₹2.23 Cr |
| Financing Cash Flow | ₹12.27 Cr | ₹80 Lakh |
| Capital Expenditure | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹25.3 Cr | -₹1.21 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹74 Lakh | ₹1.82 Cr |
| Metrics | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹101.48 Cr | ₹27.66 Cr | ₹52.84 Cr | ₹71.71 Cr |
| Other Income | ₹21.96 Cr | ₹25.27 Cr | ₹33.38 Cr | ₹51.49 Cr |
| Total Income | ₹123.44 Cr | ₹52.93 Cr | ₹86.22 Cr | ₹123.2 Cr |
| Cost of Materials Consumed | ₹16.42 Cr | ₹12.11 Cr | ₹13.98 Cr | ₹16.71 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹21.95 Cr | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.87 Cr | ₹8.09 Cr | ₹7.44 Cr | ₹7.63 Cr |
| Finance Costs | ₹813.29 Cr | ₹721.9 Cr | ₹605.96 Cr | ₹586.55 Cr |
| Depreciation & Amortisation | ₹2.14 Cr | ₹3.61 Cr | ₹9.01 Cr | ₹9.74 Cr |
| Other Expenses | ₹159.96 Cr | ₹261.01 Cr | ₹73.44 Cr | ₹115.18 Cr |
| Total Expenses | ₹1,022.62 Cr | ₹1,006.72 Cr | ₹709.83 Cr | ₹735.81 Cr |
| Profit Before Exceptional Items & Tax | -₹899.18 Cr | -₹953.79 Cr | -₹623.61 Cr | -₹612.61 Cr |
| Exceptional Items | -₹652.46 Cr | -₹130.76 Cr | -₹95.56 Cr | -₹508.94 Cr |
| Profit Before Tax | -₹1,551.64 Cr | -₹1,084.55 Cr | -₹719.17 Cr | -₹1,121.55 Cr |
| Total Tax Expense | -₹11.55 Cr | ₹1.2 Cr | -₹2.32 Cr | ₹1.01 Cr |
| Net Profit | -₹1,540.09 Cr | -₹1,085.75 Cr | -₹716.85 Cr | -₹1,122.56 Cr |
| Other Comprehensive Income | -₹2 Lakh | ₹2 Lakh | ₹10 Lakh | -₹40 Lakh |
| Total Comprehensive Income | -₹1,540.11 Cr | -₹1,085.73 Cr | -₹716.75 Cr | -₹1,122.96 Cr |
| EBITDA (computed) | -₹83.75 Cr | -₹228.28 Cr | -₹8.64 Cr | -₹16.32 Cr |
| Basic EPS | ₹-41.75 | ₹-29.44 | ₹-19.43 | ₹-30.43 |
| Diluted EPS | ₹-41.75 | ₹-29.44 | ₹-19.43 | ₹-30.43 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹2,264.52 Cr |
| Non-current Assets | ₹2,148.3 Cr |
| Current Assets | ₹116.22 Cr |
| Property, Plant & Equipment | ₹405.17 Cr |
| Inventories | ₹10.97 Cr |
| Trade Receivables | ₹5.83 Cr |
| Cash & Equivalents | ₹30,000 |
| Equity (Net Worth) | -₹7,533.2 Cr |
| Equity Share Capital | ₹74.11 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹9,613.16 Cr |
| Total Liabilities | ₹9,797.72 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | ₹1.92 Cr | ₹23.2 Cr |
| Investing Cash Flow | ₹1.78 Cr | -₹31 Lakh |
| Financing Cash Flow | -₹3.71 Cr | ₹0 |
| Capital Expenditure | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹1.92 Cr | ₹23.2 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹1 Lakh | ₹22.89 Cr |
Ownership and Shareholding of Gammon India Limited
Shareholding and ownership data for Gammon India Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Gammon India Limited
Gammon India Limited has 9 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Gammon India Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ansaldocaldaie Boilers India Private Limited | U28123TN2005PTC055309 | - |
| Gammon Real Estate & Developers Private Limited | U29268MH2010PTC202531 | - |
| Gammon Power Limited | U40108MH2008PLC186403 | - |
| Gammon Realty Limited | U45201MH2006PLC165785 | - |
| Metropolitan Infrahousing Private Limited | U45201MH2006PTC162441 | - |
| Gammon Retail Infrastructure Private Limited | U45202MH2008PTC184838 | - |
Showing major subsidiaries. Total: 9.
Charges & Borrowings of Gammon India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2017 | Others | ₹4,683.41 Cr | Open |
| 29 Jun 2017 | Others | ₹4,683.41 Cr | Open |
| 06 Dec 2013 | Others | ₹14,814 Cr | Open |
| 23 Mar 2013 | Bank of Baroda | ₹200 Cr | Open |
| 28 Jan 2013 | Others | ₹475 Cr | Open |
Total charge records: 34 View all charges
Employees and EPFO Compliance at Gammon India Limited
Gammon India Limited has a workforce of 201 employees as of Oct 09, 2025.
Employee and EPFO history for Gammon India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Gammon India Limited
GST registrations and filing compliance for Gammon India Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Gammon India Limited
Credit ratings, litigation, and regulatory alerts for Gammon India Limited
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- Court and tribunal cases
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MSME Payment Delays by Gammon India Limited
MSME payment history for Gammon India Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Gammon India Limited
Corporate group structure for Gammon India Limited
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MCA Filings & Documents of Gammon India Limited
MCA filings and documents for Gammon India Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Gammon India Limited
Recent News on Gammon India Limited
Frequently Asked Questions about Gammon India Limited
Gammon India Limited is an active public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 15 June 1922 (104+ years old) and is registered under CIN L74999MH1922PLC000997. Listed on BSE: 509550. The company has 201 employees.
Gammon India Limited reported revenue of ₹115.05 Cr for FY 2023 (up 313.1% YoY) based on consolidated NSE filings.
The current directors of Gammon India Limited are:
- Ashok Bhikamchand Bhutada - Director
- Dakshinamurty Vemparla - Whole-Time Director
- Vishwas Madhusudan Joglekar - Director
- Lily Bhushan - Director
- Mahendra Ujamshi Shah - Director
- Ajay Krishan Bhatnagar - Additional Director
The primary industry of Gammon India Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.
Yes. Gammon India Limited is listed on BSE with code 509550.
Gammon India Limited can be reached at the registered office: Floor 3Rd Plot No – 38 Hamilton House J.N. Heredia Marg Ballard Estate Mumba, I 400038, Mumbai, Maharashtra, India – 400038, or through the website gammonindia.com.