Andhra Expressway Private Limited
About Andhra Expressway Private Limited
Data last updated:
Andhra Expressway Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Bif India Holding Pte. Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the roads and bridges segment of the construction sector. It was incorporated on 21 September 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2001PTC358575. Its GSTIN is 37AADCA3577E1ZQ (Andhra Pradesh). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹52 Cr and a paid-up capital of ₹29 Cr. It was led by directors Krishnanand Shankar Mavinkurve and Sameer Chandrakant Kerkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 703 7th Floor Equinox Business Park L.B.S Marg Off Bandra Kurla Complex Kurla (West), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2020, the company reported a revenue of ₹69.13 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹41.01 Cr (net margin 59.3%) and EBITDA of ₹20.56 Cr (EBITDA margin 29.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company had satisfied charges of ₹317.5 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 10 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in August 2015.
Company details
CIN history
Andhra Expressway has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45203MH2001PTC358575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH2001PTC358575 | Current |
| U45203DL2001PLC112508 | Previous |
| U45203DL2001PTC112508 | Previous |
Contact details
Andhra Expressway Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address703 7th Floor Equinox Business Park L.B.S Marg Off Bandra Kurla Complex Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryConstruction, Roads And Bridges, Utility Projects, Roads, Railways
To see the full contact details of Andhra Expressway Private 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
Financials of Andhra Expressway Private Limited
FY 2021 filings availableAndhra Expressway Private Limited reported revenue of ₹69.13 Cr (up 19% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 19% growth in the latest year. EBITDA rose 120% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹69.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.01 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.7% | ||||
| Net Profit Margin | 59.3% | ||||
| 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 Andhra Expressway Private Limited, buy the company report.
Board of directors of Andhra Expressway Private Limited
Andhra Expressway has 2 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnanand Shankar Mavinkurve Also directs: Soma Beverages P Ltd | Director | 08 Sep 2021 | 5 Years 2 Months | As last reported |
| Sameer Chandrakant Kerkar | Director | 24 Nov 2016 | 9 Years 11 Months | As last reported |
Auditor
Andhra Expressway Private Limited is audited by NATVARLAL VEPARI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATVARLAL VEPARI & CO | FY 2018 | 106971W |
Shareholding
The shareholding of Andhra Expressway Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Andhra Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2017 | 100114502 | Idbi Trusteeship Services Limited | ₹84.5 Cr | Satisfied | |
| 25 Mar 2006 | 10009145 | Idbi Trusteeship Services Limited | ₹233 Cr | Satisfied | |
| 12 Aug 2002 | 80001052 | The Western India Trustee and Executor Company Limited | ₹- | Satisfied |
To see the full charge records of Andhra Expressway Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Andhra Expressway Private Limited has 1 deal on record (1 acquisition); the latest was in August 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Acquisition | Undisclosed | Buyer: BIF Holdings Pte Ltd Seller: Ajr Infra and Tolling Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Andhra Expressway Private Limited has 12 court cases on record: 2 filed by Andhra Expressway, 10 filed against it. 10 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 10 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-Central-4 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - Central - 4 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commiissioner of Income Tax-Central-4 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-Central 4 | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Andhra Expressway Private 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.
Credit ratings & regulatory alerts
Andhra Expressway Private Limited was last rated by Icra on 03 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Dec 2020 |
To see the full credit ratings and regulatory alerts of Andhra Expressway Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Andhra Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Andhra Expressway has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCA3577E1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Andhra Expressway Private Limited, buy the company report.
Recent activity
Andhra Expressway Private Limited has 25 board changes on record since 2007: 2 appointments and 23 cessations. The latest: Krishnanand Shankar Mavinkurve ceased to be Additional Director on 30 Nov 2021.
23 earlier events are in the company report.
Frequently asked questions
Andhra Expressway has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Andhra Expressway was a private limited company based in Mumbai, Maharashtra, India. The company worked in roads and bridges, within the construction industry. It was incorporated on 21 September 2001 and is registered under CIN U45203MH2001PTC358575. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Andhra Expressway was incorporated on 21 September 2001. It is registered with the Registrar of Companies, Mumbai.
Andhra Expressway had 2 directors:
- Krishnanand Shankar Mavinkurve - Director
- Sameer Chandrakant Kerkar - Director
The CIN (Corporate Identification Number) of Andhra Expressway is U45203MH2001PTC358575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Andhra Expressway is at 703 7th Floor Equinox Business Park L.B.S Marg Off Bandra Kurla Complex Kurla West, Mumbai, Maharashtra, India – 400070.
The latest financial statements of Andhra Expressway on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Andhra Expressway is 37AADCA3577E1ZQ, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Andhra Expressway operated in the construction industry, in the roads and bridges segment.
Andhra Expressway has 1 deal on record (1 acquisition); the latest was in August 2015.
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.
