About Black & Veatch Private Limited
Data last updated:
Black & Veatch Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Black & Veatch Corporation. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 15 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2003FTC138678. Its GSTIN is 27AACCB0522D1ZE (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹10.66 Cr. It was formerly known as Black and Veatch Consulting Private Limited. It is led by directors including Ruturaj Ramchandra Govilkar (Managing Director) and Brahmendra Thakur.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹408.64 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹29.1 Cr (net margin 7.1%) and EBITDA of ₹49.19 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
The company has about 853 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Black & Veatch Holding Company. Court records list 3 cases involving the company, including 3 filed against it. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.93 Cr; the latest was in March 2015. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 27 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 bv.com.
Company details
CIN history
Black & Veatch has one previous CIN (Corporate Identification Number): U74210MH2003PTC138678. The current CIN is U74210MH2003FTC138678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210MH2003FTC138678 | Current |
| U74210MH2003PTC138678 | Previous |
Contact details
Black & Veatch Private Limited's registered office is in Mumbai, Maharashtra. Its website is bv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEmpire Plaza II 7th Floor Cts 9 Village Hariyali Lbs Marg Vikhroli – We, St, Mumbai, Maharashtra, India – 400083
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Black & Veatch 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
Brands
Black & Veatch operates one associated brand: Black & Veatch Holding Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of engineering, procurement, and construction solutions for power, water, and process industries | bv.com |
Business activity
The main business activity of Black & Veatch is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Black & Veatch Private Limited, buy the company report.
Financials of Black & Veatch Private Limited
FY 2025 filings availableBlack & Veatch Private Limited reported revenue of ₹408.64 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 66% 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 | ₹408.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.1 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 | 12% | ||||
| Net Profit Margin | 7.1% | ||||
| 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 Black & Veatch Private Limited, buy the company report.
Board of directors of Black & Veatch Private Limited
Black & Veatch has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brahmendra Thakur | Director | 27 Jun 2017 | 9 Years 4 Months | Current |
| Narsingh Parsuram Chaudhary | Director | 25 Sep 2023 | 3 Years 1 Months | Current |
| Ruturaj Ramchandra Govilkar Also directs: Mott Macdonald Private Limited | Managing Director | 28 Apr 2022 | 4 Years 6 Months | Current |
| Owais Ehtisham Farooqi | Director | 18 Aug 2025 | 1 Years 2 Months | Current |
| Jerin Raj | Director | 18 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Black & Veatch Private Limited is audited by Walker Chandiok& Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok& Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Black & Veatch Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Black & Veatch Private Limited, buy the company report.
Deals & funding
Black & Veatch Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.93 Cr; the latest was in March 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Black & Veatch Corporation, Black & Veatch International Company Seller: Black & Veatch Consulting Limited |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Black & Veatch International Company Seller: Black & Veatch Consulting Limited & Gary John Selby |
| Apr 2008 | Funding round | ₹5.92 Cr | Investors: Black & Veatch Consulting Limited |
| Aug 2007 | Secondary share transfer | Undisclosed | Buyer: Black & Veatch International Company, Black & Veatch Consulting Limited Seller: Black & Veatch Limited |
| Aug 2007 | Funding round | ₹6.01 Cr | Investors: Black & Veatch Limited, Black & Veatch Consulting Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Black & Veatch Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-15 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -10 | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax- 8 Mumbai | Disposed |
To see the full case history of Black & Veatch 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.
MSME payment delays
Black & Veatch Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sky Waves Security Private Limited | |||
| Miraj Engineering Services Private Limited | |||
| Bureau Veritas Industrial Services (India) Private Limited | |||
| Kasha Kakes Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Black & Veatch Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Black & Veatch Private Limited has a workforce of 853 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 853 |
| 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 Black & Veatch Private Limited, buy the company report.
GST
Black & Veatch has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB0522D1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AACCB0522D1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Black & Veatch Private Limited, buy the company report.
Recent activity
Black & Veatch Private Limited has 23 board changes on record since 2010: 5 appointments and 18 cessations. The latest: Jerin Raj was appointed as Director on 18 Aug 2025.
14 earlier events are in the company report.
Frequently asked questions
Black & Veatch is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 15 January 2003 (23+ years old) and is registered under CIN U74210MH2003FTC138678.
Black & Veatch has 5 current directors:
- Ruturaj Ramchandra Govilkar - Managing Director
- Brahmendra Thakur - Director
- Narsingh Parsuram Chaudhary - Director
- Owais Ehtisham Farooqi - Director
- Jerin Raj - Director
The latest financial statements of Black & Veatch on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Black & Veatch is 27AACCB0522D1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 24AACCB0522D1ZK (Gujarat).
The CIN (Corporate Identification Number) of Black & Veatch is U74210MH2003FTC138678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Black & Veatch has 3 court cases on record: 3 filed against it.
Black & Veatch was incorporated on 15 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Black & Veatch has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.93 Cr; the latest was in March 2015.
Jerin Raj was appointed as Director on 18 Aug 2025. Owais Ehtisham Farooqi was appointed as Director on 18 Aug 2025. Barry Dean Clegg ceased to be Director on 05 Jun 2024. Black & Veatch has 23 board changes on record in total.
Black & Veatch has 17 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 27 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Black & Veatch can be reached through the website bv.com. Its registered office is in Mumbai, Maharashtra, India.
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.
