Shah Construction Company Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45202MH1949PLC007048 Incorporated 05 April 1949 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 509870 Public Limited Company real estate and construction
Data last updated
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
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹49.81 Cr
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges

About Shah Construction Company Limited

Data last updated:

Shah Construction Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 April 1949 and has been in existence for over 77 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45202MH1949PLC007048. Its GSTIN is 27AAACS5207N1Z6 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 509870.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.81 Cr. It is led by directors including Ravindra Kanji Myatra and Mehul Jadavji Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 11 Shah Industrialestate Opp Anna Tenple New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5.24 Cr, a growth of 41.2% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Cr (net margin -33.8%) and EBITDA of ₹1.14 Cr (EBITDA margin 21.8%). Total assets are valued at ₹22.13 Cr (up 11.2% YoY).

The company has about 18 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Shah Construction. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 46 cases involving the company, including 23 filed by the company and 23 filed against it; 14 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹48.2 Cr; the latest was in September 2019. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shah-construction.in.

Company details

CIN L45202MH1949PLC007048
Registration Number 007048
Incorporation Date 05 April 1949
ROC Mumbai
Listing Status Listed - Listed on BSE (509870)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Shah Construction Company has one previous CIN (Corporate Identification Number): U45202MH1949PLC007048. The current CIN is L45202MH1949PLC007048, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45202MH1949PLC007048Current
U45202MH1949PLC007048Previous

Contact details

Shah Construction Company Limited's registered office is in Mumbai, Maharashtra. Its website is shah-construction.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    11 Shah Industrialestate Opp Anna Tenple New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Shah Construction Company Limited, buy the company report.

Comprehensive company report
Shah Construction Company Limited - one report that includes everything
  • 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
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Brands

Shah Construction Company operates one associated brand: Shah Construction. Each brand links to its own profile.

BrandDescriptionWebsite
Construction, engineering, and industrial supply services in India.shah-construction.in

Business activity

The main business activity of Shah Construction Company is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Shah Construction Company Limited, buy the company report.

Financials of Shah Construction Company Limited

FY 2025-26 filings available

Shah Construction Company Limited reported revenue of ₹5.24 Cr (up 41.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · 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 (₹)(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 29 Oct 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 (₹)(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 (₹)(110.16)(166.87)(151.21)(158.31)(253.77)(298.58)(669.05)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(6,208.57)(6,042.21)(5,890.93)(5,733.04)(5,479.27)(5,180.69)

To see the full year-wise statements and ratios of Shah Construction Company Limited, buy the company report.

Board of directors of Shah Construction Company Limited

Shah Construction Company has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravindra Kanji MyatraDirector10 Aug 20224 Years 2 MonthsCurrent
Mehul Jadavji ShahDirector15 Jan 201511 Years 9 MonthsCurrent
Dinesh Keshardeo PoddarDirector30 Sep 199531 Years 0 MonthsCurrent
Sanjay Damji ShahDirector22 Feb 200818 Years 8 MonthsCurrent
Jaywanti Jadavji ShahDirector26 Mar 201511 Years 7 MonthsCurrent
Hitesh SangoiDirector30 Jun 20215 Years 3 MonthsCurrent

Auditor

Shah Construction Company Limited is audited by Mittal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mittal & AssociatesFY 2023106456W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 74.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 6.10% and retail and other public shareholders hold 19.30%.

Promoters: 74.60%DII (Domestic Institutional): 6.10%Retail & Others: 19.30%
Mar 2026
QUARTER
74.60% Promoters
6.10% DII (Domestic Institutional)
19.30% Retail & Others
Promoter holding - history
Now 74.60% · Mar 2026High 74.60% · Sep 2025Low 73.70% · Jun 2025
72%73%74%75%76%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 73.70%Sep 2025: 74.60%Dec 2025: 74.60%Mar 2026: 74.60%74.60%73.70%74.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters74.60%74.60%74.60%73.70%
Public25.40%25.40%25.40%26.30%

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Bank of India₹0.80 Cr
The Devjaran Nanjee Banking Co. Ltd₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Dec 197380041927Bank of India₹60 LakhSatisfied
14 Jan 196180041928Bank of India₹20 LakhSatisfied
14 Jan 196180043188The Devjaran Nanjee Banking Co. Ltd₹20 LakhSatisfied

To see the full charge records of Shah Construction Company Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Shah Construction Company Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹48.2 Cr; the latest was in September 2019.

Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹48.2 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Sep 2019Secondary share transferUndisclosedBuyer: Others - Shah Construction Company Limited
Seller: Pushya Towers Pvt. Ltd. , 2 individuals
Mar 2019Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Real Value Leasing Private Limited , Anchor Leasing Limited
Sep 2018Secondary share transferUndisclosedBuyer: Pushya Towers Pvt. Ltd. , Life Insurance Corporation Of India, 2 individuals
Seller: Others - Shah Construction Company Limited, 2 individuals
Mar 2018Secondary share transferUndisclosedBuyer: Real Value Leasing Private Limited
Seller: Anchor Leasing Limited

To see the full deal history of Shah Construction Company Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Shah Construction Company Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier
M. K. Copier
an individual supplier

To see the full MSME payment records of Shah Construction Company Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Shah Construction Company Limited has a workforce of 18 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1

GST

Shah Construction Company has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACS5207N1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Shah Construction Company Limited, buy the company report.

Recent activity

Shah Construction Company Limited has 18 board changes on record since 1995: 12 appointments and 6 cessations. The latest: Shachikumar Nandlal Adalja ceased to be Director on 30 Sep 2024.

Filing
Shah Construction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Shah Construction Company Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shachikumar Nandlal Adalja ceased to be Director.
Ceased
Vyas Anita ceased to be Company Secretary.
Appointed
Ravindra Kanji Myatra was appointed as Director.
Ceased
Sanjay Premji Shah ceased to be Director.
Appointed
Hitesh Sangoi was appointed as Director.
Ceased
Yogesh Janakrai Shah ceased to be Director.
Appointed
Vyas Anita was appointed as Company Secretary.
Ceased
Keshardeo Sawarmal Poddar ceased to be Director.
Appointed
Yogesh Janakrai Shah was appointed as Director.
Appointed
Jaywanti Jadavji Shah was appointed as Director.

16 earlier events are in the company report.

Frequently asked questions

Shah Construction Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 April 1949 (77+ years old) and is registered under CIN L45202MH1949PLC007048. Listed on BSE: 509870.

Shah Construction Company reported revenue of ₹5.24 Cr for FY 2025-26 (up 41.2% YoY) based on standalone financials.

Shah Construction Company has 6 current directors:

The latest financial statements of Shah Construction Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shah Construction Company is 27AAACS5207N1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Shah Construction Company is L45202MH1949PLC007048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shah Construction Company is a listed company as per MCA records. Its shares are listed on BSE (code: 509870).

Shah Construction Company has 46 court cases on record: 23 filed by the company and 23 filed against it. 14 are pending. Most are in the high courts.

Shah Construction Company was incorporated on 05 April 1949, making it 77+ years old. It is registered with the Registrar of Companies, Mumbai.

Shah Construction Company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹48.2 Cr; the latest was in September 2019.

Shachikumar Nandlal Adalja ceased to be Director on 30 Sep 2024. Vyas Anita ceased to be Company Secretary on 10 Jul 2024. Ravindra Kanji Myatra was appointed as Director on 10 Aug 2022. Shah Construction Company has 18 board changes on record in total.