About West Bengal Highway Development Corporation Limited
Data last updated:
West Bengal Highway Development Corporation Limited is a public limited state government company based in Kolkata, West Bengal, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 17 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45203WB2012SGC180687. Its GSTIN is 19AABCW2596D1Z5 (West Bengal).
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,424.84 Cr. It is led by directors including Bhagwati Prasad Gopalika (Managing Director) and Dipankar Chowdhury (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.4 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹86.18 Cr and EBITDA of ₹7.47 Cr (EBITDA margin 45.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: West Bengal Highway Development Corporation Limited. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wbhdcl.gov.in.
Company details
Contact details
West Bengal Highway Development Corporation Limited's registered office is in Kolkata, West Bengal. Its website is wbhdcl.gov.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressWbhdcl Building, Dr Deodar Rahaman Road Lake Gardens, Kolkata, West Bengal, India – 700033
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of West Bengal Highway Development Corporation Limited, buy the company report.
- 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
Brands
West Bengal Highway Development Corporation operates one associated brand: West Bengal Highway Development Corporation Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Highway development and management services in West Bengal. | wbhdcl.gov.in |
Business activity
The main business activity of West Bengal Highway Development Corporation is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of West Bengal Highway Development Corporation Limited, buy the company report.
Financials of West Bengal Highway Development Corporation Limited
FY 2025 filings availableWest Bengal Highway Development Corporation Limited reported revenue of ₹16.4 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 39% growth in the latest year. EBITDA rose 174% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹7.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.18 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.5% | ||||
| Net Profit Margin | |||||
| 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 West Bengal Highway Development Corporation Limited, buy the company report.
Board of directors of West Bengal Highway Development Corporation Limited
West Bengal Highway Development Corporation has 13 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somenath Roychowdhury Also directs: Madhavaan Sports Ventures LLP | Director | 24 Jan 2022 | 4 Years 9 Months | Current |
| Roshni Sen Also directs: The State Fisheries Development Corpn Ltd | Director | 28 Feb 2023 | 3 Years 8 Months | Current |
| Santanu Basu | Director | 13 Apr 2023 | 3 Years 6 Months | Current |
| Vandana Yadav Also directs: Nicco Parks & Resorts Ltd., West Bengal State Beverages Corporation Limited, Greater Calcutta Gas Supply Corpn Ltd and 4 more | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Dipankar Chowdhury | Whole-Time Director | 03 May 2012 | 14 Years 6 Months | Current |
| Bhagwati Prasad Gopalika | Managing Director | 29 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
West Bengal Highway Development Corporation Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palanpur-Swaroopgunj Road Project Limited | ₹16.58 Cr (FY 2024) | -29.0% | Sriperumbudur, Tamil Nadu, India | |||
| Sarada Infratech Private Limited | ₹16.56 Cr (FY 2024) | 499.0% | Jagatsinghpur, Odisha, India | |||
| GVR RMN Hubli Lakshmeshwar Road Project Private Limited | ₹16.5 Cr (FY 2022) | 24023.0% | Chennai, Tamil Nadu, India | |||
| West Bengal Highway Development Corporation Limitedthis company | ₹16.4 Cr (FY 2025) | -₹86.18 Cr | 39.0% | 16 | Kolkata, West Bengal, India | |
| KN Madhusoodanan Contractors Private Limited | ₹16.33 Cr (FY 2024) | -17.0% | Pathanamthitta, Kerala, India | |||
| Maharaja Edifice Private Limited | ₹16.26 Cr (FY 2025) | 63.0% | Howrah, West Bengal, India |
To see the full peer comparison of West Bengal Highway Development Corporation Limited, buy the company report.
Auditor
West Bengal Highway Development Corporation Limited is audited by R B ROY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B ROY & CO | FY 2022 | 322805E |
Shareholding
The shareholding of West Bengal Highway Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of West Bengal Highway Development Corporation Limited, buy the company report.
Legal cases
West Bengal Highway Development Corporation Limited has 25 court cases on record: 3 filed by West Bengal Highway Development Corporation, 22 filed against it. 7 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 20 | 7 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (EC-COM) | Filed against the company by KCC Buildcon Private Limited | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against M/S KCC Buildcon Private Limited | Pending |
| High Court | Civil suit | Filed against the company by Supreme Infrastructure India Ltd S.K. Singhi and Co. | Pending |
| High Court | Court case (AP-COM) | Filed against the company by KCC Buildcon Pvt Ltd | Disposed |
| High Court, West Bengal | Arbitration matter | Filed against the company by MBL Infrastructure Limited | Disposed |
To see the full case history of West Bengal Highway Development Corporation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for West Bengal Highway Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
West Bengal Highway Development Corporation Limited has a workforce of 16 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| 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 West Bengal Highway Development Corporation Limited, buy the company report.
GST
West Bengal Highway Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCW2596D1Z5 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of West Bengal Highway Development Corporation Limited, buy the company report.
Recent activity
West Bengal Highway Development Corporation Limited has 56 board changes on record since 2012: 16 appointments and 40 cessations. The latest: Kanakendu Singha was appointed as Whole-Time Director on 06 Nov 2025.
47 earlier events are in the company report.
Frequently asked questions
West Bengal Highway Development Corporation is an active public limited state government company based in Kolkata, West Bengal, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 17 April 2012 (14+ years old) and is registered under CIN U45203WB2012SGC180687.
West Bengal Highway Development Corporation has 13 current directors:
- Bhagwati Prasad Gopalika - Managing Director
- Dipankar Chowdhury - Whole-Time Director
- Kanakendu Singha - Whole-Time Director
- Somenath Roychowdhury - Director
- Roshni Sen - Director
- Santanu Basu - Director
- Vandana Yadav - Director
- Md Rezaul Karim - Director
- Vivek Kumar - Director
- Antara Acharya - Director
- Arpita Ghosh - Director
- Pulak Roy - Director
- Prabhat Kumar Mishra - Director
The latest financial statements of West Bengal Highway Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of West Bengal Highway Development Corporation is 19AABCW2596D1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of West Bengal Highway Development Corporation is U45203WB2012SGC180687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
West Bengal Highway Development Corporation has 25 court cases on record: 3 filed by the company and 22 filed against it. 7 are pending. Most are in the high courts.
West Bengal Highway Development Corporation was incorporated on 17 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of West Bengal Highway Development Corporation by revenue are Palanpur-Swaroopgunj Road Project Limited, Sarada Infratech Private Limited, GVR RMN Hubli Lakshmeshwar Road Project Private Limited, KN Madhusoodanan Contractors Private Limited, Maharaja Edifice Private Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Kanakendu Singha was appointed as Whole-Time Director on 06 Nov 2025. Manoj Pant ceased to be Director on 30 Aug 2024. Prabhat Kumar Mishra was appointed as Director on 30 Aug 2024. West Bengal Highway Development Corporation has 56 board changes on record in total.
West Bengal Highway Development Corporation can be reached through the website wbhdcl.gov.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of West Bengal Highway Development Corporation is at Wbhdcl Building, Dr Deodar Rahaman Road Lake Gardens, Kolkata, West Bengal, India – 700033.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
