
Bundelkhand Highways Private Limited
About Bundelkhand Highways Private Limited
Data last updated:
Bundelkhand Highways Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Pnc Infra Holdings Limited. It operates in the engineering sector. It was incorporated on 21 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45309DL2017PTC316515. Its GSTIN is 23AAJCP1464D1ZQ (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹65.3 Cr and a paid-up capital of ₹65.28 Cr. It is led by directors including Deenadayalan Manoharan and Gajji Vamshi Mohan Kiran Babu.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cabin No. 5 Nbcc Plaza Tower II 4th Floor Pushp Vihar Sector V Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.2 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹8.42 Cr (net margin 9.4%) and EBITDA of ₹58.49 Cr (EBITDA margin 65.6%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 7% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹467.3 Cr and satisfied charges of ₹604 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (2 acquisitions, 2 rights issues); the latest was in January 2024.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bundelkhand Highways Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressCabin No. 5 Nbcc Plaza Tower II 4th Floor Pushp Vihar Sector V Saket, New Delhi, Delhi, India – 110017
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Bundelkhand Highways 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 Bundelkhand Highways Private Limited
FY 2025 filings availableBundelkhand Highways Private Limited reported revenue of ₹89.2 Cr (down 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹89.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.42 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.6% | ||||
| Net Profit Margin | 9.4% | ||||
| 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 Bundelkhand Highways Private Limited, buy the company report.
Board of directors of Bundelkhand Highways Private Limited
Bundelkhand Highways has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deenadayalan Manoharan Also directs: Khajuraho Highways Private Limited, Unnao Highways Private Limited, Bithur Kanpur Highways Private Limited and 1 more | Nominee Director | 27 Jan 2026 | 0 Years 8 Months | Current |
| Gajji Vamshi Mohan Kiran Babu Also directs: Triveni Sangam Highways Private Limited, Swarna Tollway Private Limited, Godhra Expressways Private Limited and 1 more | Nominee Director | 21 May 2025 | 1 Years 5 Months | Current |
| Kuldeep Singh Bhadouria Also directs: Khajuraho Highways Private Limited | Nominee Director | 21 May 2025 | 1 Years 5 Months | Current |
Auditor
Bundelkhand Highways Private Limited is audited by R M A & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M A & ASSOCIATES LLP | FY 2023 | 000978N/N500062 |
Shareholding
The shareholding of Bundelkhand Highways Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bundelkhand Highways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2025 | 101118756 | Others | ₹467.3 Cr | Open | |
| 27 Oct 2017 | 100130129 | Others | ₹604 Cr | Satisfied |
To see the full charge records of Bundelkhand Highways Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Bundelkhand Highways Private Limited has 4 deals on record (2 acquisitions, 2 rights issues); the latest was in January 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Acquisition | Undisclosed | Buyer: Highway lnfrastructure Trust Seller: PNC Infratech Limited , PNC Infra Holdings Limited |
| Nov 2022 | Rights issue | ₹10.2 Cr | Investors: PNC Infra Holdings Limited |
| Jan 2020 | Rights issue | ₹17.34 Cr | Investors: PNC Infra Holdings Limited |
| Jan 2018 | Acquisition | ₹37.49 Cr | Buyer: PNC Infra Holdings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bundelkhand Highways Private Limited has 2 court cases on record: 2 filed by Bundelkhand Highways. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union of India Throught Ministry of Road Transport and Highways & Anr. | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Union of India Through Ministry of Road Transport and Highways & Anr. | Disposed |
To see the full case history of Bundelkhand Highways 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
Bundelkhand Highways Private Limited was last rated by Care on 06 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jul 2022 |
To see the full credit ratings and regulatory alerts of Bundelkhand Highways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bundelkhand Highways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bundelkhand Highways Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Bundelkhand Highways has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCP1464D1ZQ | Madhya Pradesh | Active | 12 Oct 2017 |
| 09AAJCP1464D1ZG | Uttar Pradesh | Active | 01 Feb 2018 |
To see the full GST registrations and return filing status of Bundelkhand Highways Private Limited, buy the company report.
Recent activity
Bundelkhand Highways Private Limited has 19 board changes on record since 2017: 11 appointments and 8 cessations. The latest: Deenadayalan Manoharan was appointed as Nominee Director on 27 Jan 2026.
14 earlier events are in the company report.
Frequently asked questions
Bundelkhand Highways is an active private limited company based in New Delhi, Delhi, India. The company works in the engineering industry. It was incorporated on 21 April 2017 (9+ years old) and is registered under CIN U45309DL2017PTC316515.
Bundelkhand Highways has 3 current directors:
- Deenadayalan Manoharan - Nominee Director
- Gajji Vamshi Mohan Kiran Babu - Nominee Director
- Kuldeep Singh Bhadouria - Nominee Director
The latest financial statements of Bundelkhand Highways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bundelkhand Highways is 23AAJCP1464D1ZQ, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAJCP1464D1ZG (Uttar Pradesh).
The CIN (Corporate Identification Number) of Bundelkhand Highways is U45309DL2017PTC316515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bundelkhand Highways has 2 court cases on record: 2 filed by the company.
Bundelkhand Highways was incorporated on 21 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Bundelkhand Highways has 4 deals on record (2 acquisitions, 2 rights issues); the latest was in January 2024.
Deenadayalan Manoharan was appointed as Nominee Director on 27 Jan 2026. Sumesh Arangali Sadasivan ceased to be Nominee Director on 27 Jan 2026. Gaurav Chandna ceased to be Nominee Director on 19 Jun 2025. Bundelkhand Highways has 19 board changes on record in total.
The registered office of Bundelkhand Highways is at Cabin No. 5 Nbcc Plaza Tower II 4th Floor Pushp Vihar Sector V Saket, New Delhi, Delhi, India – 110017.