Turner Project Management India Private Limited

Turner Project Management India Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45400MH2008FTC179798 Incorporated 07 March 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company infrastructure and utilities MSME · Medium
Revenue · FY 2025
₹101.79 Cr
▼ 7% YoY
Net profit · FY 2025
₹8.55 Cr
Net margin 8.4%
EBITDA · FY 2025
₹14.25 Cr
EBITDA margin 14%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15.69 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
471
Provident fund records
Directors on board
3
As per MCA filings

About Turner Project Management India Private Limited

Data last updated:

Turner Project Management India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Turner International Pte Ltd, Singapore. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 07 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2008FTC179798. Its GSTIN is 27AACCT8836E1Z5 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.69 Lakh. It is led by directors including Jairam Panch (Managing Director) and Lakshmi Rajagopal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 303/305 Delphi Orchard Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.

As per the financials filed for FY 2025, the company reported a revenue of ₹101.79 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹8.55 Cr (net margin 8.4%) and EBITDA of ₹14.25 Cr (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.

The company has about 471 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Turner Construction and Turner Construction Company. Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.01 Cr; the latest was in February 2020. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 66 overdue payments to 18 micro and small suppliers.

Turner Project Management India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0053890). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tcco.com.

Company details

CIN U45400MH2008FTC179798
Registration Number 179798
Incorporation Date 07 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Turner International Pte Ltd, Singapore
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0053890
Key People
Jairam Panch Managing Director Lakshmi Rajagopal Director Matthew Sean Mccabe Additional Director

Recognitions & Rankings of Turner Project Management India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0053890

Contact details

Turner Project Management India Private Limited's registered office is in Mumbai, Maharashtra. Its website is tcco.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tcco.com
  • Registered Address
    B – 303/305 Delphi Orchard Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
  • Industry
    Infrastructure and Utilities, Infrastructure Project Management

To see the full contact details of Turner Project Management India Private Limited, buy the company report.

Comprehensive company report
Turner Project Management India Private 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

Turner Project Management India operates two associated brands: Turner Construction and Turner Construction Company. Each brand links to its own profile.

BrandDescriptionWebsite
Turner Construction
Green building construction services are provided by the company.turnerconstruction.com
Turner Construction Company
Construction services, project management, and building expertise in diverse sectors.tcco.com

Business activity

The main business activity of Turner Project Management India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Turner Project Management India Private Limited, buy the company report.

Financials of Turner Project Management India Private Limited

FY 2025 filings available

Turner Project Management India Private Limited reported revenue of ₹101.79 Cr (down 7% YoY) for FY 2025.

Revenue · FY 2025
₹101.79 Cr ▼ 7%
Net profit · FY 2025
₹8.55 Cr margin 8.4%
EBITDA · FY 2025
₹14.25 Cr margin 14%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 14%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA rose 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹14.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.55 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14%
Net Profit Margin8.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Turner Project Management India Private Limited, buy the company report.

Board of directors of Turner Project Management India Private Limited

Turner Project Management India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jairam Panch
Also directs: Turner Consulting and Management Services Private Limited
Managing Director30 Jan 201313 Years 9 MonthsCurrent
Lakshmi Rajagopal
Also directs: Turner Consulting and Management Services Private Limited
Director11 Sep 20188 Years 2 MonthsCurrent
Matthew Sean Mccabe
Also directs: Turner Consulting and Management Services Private Limited
Additional Director18 Dec 20241 Years 10 MonthsCurrent
View all directors

Auditor

Turner Project Management India Private Limited is audited by MSKA & Associates, Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSKA & Associates, Chartered AccountantsFY 2023105047W

Shareholding

The shareholding of Turner Project Management India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Turner Project Management India Private Limited, buy the company report.

Deals & funding

Turner Project Management India Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.01 Cr; the latest was in February 2020.

Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹1.01 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Feb 2020Rights issue₹1.76 CrInvestors: Turner International LLc
Feb 2017Funding round₹9 LakhInvestors: Turner International Pte Limited, Turner Consulting and Management Services Private Limited
Apr 2014Funding round₹92.2 LakhInvestors: Turner International LLc

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

MSME payment delays

Turner Project Management India Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 66 overdue payments to 18 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 (5 of 18)

SupplierAmount dueDue sinceReported on
an individual supplier
Safety Drive Indiacorp Private Limited
Imbellire Business Solutions Private Limited
an individual supplier
Karma Management Global Consulting Solutions Private Limited

To see the full MSME payment records of Turner Project Management India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Turner Project Management India Private Limited has a workforce of 471 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
471
Active EPFO establishments
1
Employee growth
26.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27471
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Turner Project Management India Private Limited, buy the company report.

GST

Turner Project Management India has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCT8836E1Z5MaharashtraActive01 Jul 2017
29AACCT8836E1Z1KarnatakaActive20 Mar 2020
23AACCT8836E1ZDMadhya PradeshActive19 Aug 2021
06AACCT8836E1Z9HaryanaActive21 Apr 2022

To see the full GST registrations and return filing status of Turner Project Management India Private Limited, buy the company report.

Recent activity

Turner Project Management India Private Limited has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Matthew Sean Mccabe was appointed as Additional Director on 18 Dec 2024.

AGM
Turner Project Management India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Turner Project Management India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Matthew Sean Mccabe was appointed as Additional Director.
Ceased
Michael John Doring ceased to be Additional Director.
Appointed
Michael John Doring was appointed as Director.
Ceased
Abrar Sheriff ceased to be Director.
Ceased
Christa Eger Andresky ceased to be Director.
Appointed
Lakshmi Rajagopal was appointed as Director.
Ceased
Steven Vernon Boyce ceased to be Alternate Director.
Ceased
Lakshmi Rajagopal ceased to be Alternate Director.
Ceased
Satya Sai Baba Vakkalanka ceased to be Alternate Director.
Ceased
Nicholas Emil Billotti ceased to be Director.

4 earlier events are in the company report.

News

Frequently asked questions

Turner Project Management India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 07 March 2008 (18+ years old) and is registered under CIN U45400MH2008FTC179798.

Turner Project Management India has 3 current directors:

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

The GSTIN of Turner Project Management India is 27AACCT8836E1Z5, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCT8836E1Z1 (Karnataka), 23AACCT8836E1ZD (Madhya Pradesh), 06AACCT8836E1Z9 (Haryana).

The CIN (Corporate Identification Number) of Turner Project Management India is U45400MH2008FTC179798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Turner Project Management India has 2 court cases on record: 2 filed by the company.

Turner Project Management India was incorporated on 07 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Turner Project Management India has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.01 Cr; the latest was in February 2020.

Matthew Sean Mccabe was appointed as Additional Director on 18 Dec 2024. Michael John Doring ceased to be Additional Director on 30 Sep 2022. Michael John Doring was appointed as Director on 28 Jul 2022. Turner Project Management India has 13 board changes on record in total.

Yes, Turner Project Management India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0053890).

Turner Project Management India has 5 MSME Form 1 returns on record between 2019 and 2022, listing 66 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2022.