Gammon India Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L74999MH1922PLC000997 Incorporated 15 June 1922 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 509550 Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2023
₹115.05 Cr
▲ 313.1% YoY
Computed EBITDA · FY 2023
₹20.61 Cr
▲ 106.75% YoY
Net profit · FY 2023
-₹897.18 Cr
▲ 24% YoY
Authorised capital
₹15,047 Cr
Registered with MCA
Paid-up capital
₹73.91 Cr
Issued & subscribed
Open charges
₹38,516 Cr
Satisfied ₹1,440.08 Cr
Company age
104 yrs
Est. 1922
Employees · EPFO
201
Latest available

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.

Company Details of Gammon India Limited
CIN L74999MH1922PLC000997
Registration Number 000997
Incorporation Date 15 June 1922
ROC Mumbai
Listing Status Listed (BSE: 509550)
Company Status Active
Date of Last AGM 05 December 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Floor 3Rd Plot No – 3/8 Hamilton House J.N. Heredia Marg Ballard Estate Mumba, I 400038, Mumbai, Maharashtra, India – 400038
  • Industry
    Infrastructure and Utilities, General Construction Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Gammon India Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Reliance Infrastructure Reliance Infrastructure Electricity generation, transmission, distribution, and trading are managed in India. Mumbai, India, India 1929
Jaypee Infratech Jaypee Infratech Developer of power & other infrastructure Noida, India, India 2007
KNRCL KNRCL Real estate project development services are provided in India. Hyderabad, India, India 1995
Legrand Legrand Electrical and digital solutions for building infrastructures are provided. Limoges, France, France 1860
Hercules Site Services Hercules Site Services Infrastructure development services are provided across various sites. Cirencester, United Kingdom, United Kingdom 2008
Afcons Afcons Developer of oil & gas, underground, and urban infrastructure Mumbai, India, India 1959
Tara Chand Infralogistic Solutions Tara Chand Infralogistic Solutions Steel logistics, equipment rentals, and warehousing solutions are provided. Mumbai, India, India 2012
GPT Infraprojects GPT Infraprojects Infrastructure construction, healthcare, and SG cast iron products are provided. Kolkata, India, India 1980
IRB Infrastructure Developers IRB Infrastructure Developers Provider of infrastructure development services Mumbai, India, India 1998
ITD Cementation India ITD Cementation India 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
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Business activity turnover details for Gammon India Limited

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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
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Complete auditor history for Gammon India Limited

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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.

Current Directors
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.

Revenue · FY 2023
₹115.05 Cr ▲ 313.1%
Profit · FY 2023
-₹897.18 Cr ▲ 24%
Computed EBITDA · FY 2023
₹20.61 Cr ▲ 106.75%
Revenue₹ Cr · Consolidated050100150FY 2020: ₹86 Cr86.4FY 2020FY 2021: ₹55 Cr · -36.9% YoY54.5-36.9%FY 2021FY 2022: ₹28 Cr · -48.9% YoY27.9-48.9%FY 2022FY 2023: ₹115 Cr · +313.1% YoY115+313.1%FY 2023
Net Profit₹ Cr · Consolidated-1,500-1,000-5000500FY 2020: ₹631 Cr (loss)-631FY 2020FY 2021: ₹795 Cr (loss) · -26% YoY-795FY 2021FY 2022: ₹1,181 Cr (loss) · -48.5% YoY-1,181FY 2022FY 2023: ₹897 Cr (loss) · +24% YoY-897FY 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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Gammon India Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Ownership and Shareholding of Gammon India Limited

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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.

9
Subsidiary companies
Key Subsidiaries
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

Open charges
₹38,516 Cr
Satisfied charges
₹1,440.08 Cr
Breakdown by lending institutions
Others₹37,270.99 Cr
3I Infotech Trusteeship Services Limited₹296.40 Cr
Uco Bank₹200.00 Cr
Canara Bank₹200.00 Cr
Bank of Baroda₹200.00 Cr
Others₹349.00 Cr
Latest charge details
DateLenderAmountStatus
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 count
201
Active EPFO establishments
84
Employee growth
-87.56%
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Employee and EPFO history for Gammon India Limited

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GST Compliance of Gammon India Limited

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GST registrations and filing compliance for Gammon India Limited

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Credit Ratings, Litigation & Regulatory Alerts for Gammon India Limited

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Credit ratings, litigation, and regulatory alerts for Gammon India Limited

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MSME Payment Delays by Gammon India Limited

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MSME payment history for Gammon India Limited

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Subsidiaries & Group Companies of Gammon India Limited

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Corporate group structure for Gammon India Limited

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MCA Filings & Documents of Gammon India Limited

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MCA filings and documents for Gammon India Limited

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Recent Activity on Gammon India Limited

Directors
30 May 2026
Ajay Krishan Bhatnagar was appointed as a Additional Director on 30 May 2026 & has been associated with this company since 2 months 24 days.
Charges
24 Mar 2026
A charge with Others of Rs. 475.00 Cr registered on 28 Jan 2013 with Charge ID 10413026 was modified on 24 Mar 2026.
Charges
24 Mar 2026
A charge with Others of Rs. 250.00 Cr registered on 03 Oct 2012 with Charge ID 10378890 was modified on 24 Mar 2026.
Charges
27 Feb 2026
A charge with Others of Rs. 11,700.00 Cr registered on 05 Jun 1998 with Charge ID 80013161 was modified on 27 Feb 2026.
Directors
30 Dec 2025
Roshni Sanjay Kapshiwal was appointed as a Company Secretary on 30 Dec 2025 & has been associated with this company since 7 months 22 days.
Activity
05 Dec 2025
Gammon India Limited last Annual general meeting of members was held on 05 Dec 2025 as per latest MCA records.

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:

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.

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