About Chenani Nashri Tunnelway Limited
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Chenani Nashri Tunnelway Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Il&Fs Transportation Networks Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 02 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PLC203614. Its GSTIN is 27AAECC0215C1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹372 Cr and a paid-up capital of ₹372 Cr. It is led by directors including Sippy Narender Kumar and Anuj Maitrey.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 15 Mahavir Nagar Chs, Factory Lane Borivali (W) Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹526.34 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹346.58 Cr (net margin 65.8%) and EBITDA of ₹470.05 Cr (EBITDA margin 89.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company is associated with 2 brands: IL&FS Transportation and Infrastructure Leasing & Financial Services. As per MCA filings, the company has open charges of ₹5,007 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹371.95 Cr; the latest was in October 2010. Its 8 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 4 smaller; the largest is Dhankuni Kharagpur Tollway Limited with revenue of ₹544.29 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ilfsindia.com.
Company details
Contact details
Chenani Nashri Tunnelway Limited's registered office is in Mumbai, Maharashtra. Its website is ilfsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 15 Mahavir Nagar Chs, Factory Lane Borivali (W) Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Chenani Nashri Tunnelway 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
Chenani Nashri Tunnelway operates two associated brands: IL&FS Transportation and Infrastructure Leasing & Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer and operator of transportation infrastructure projects, including highways and tunnels | itnlindia.com | |
| Infrastructure financing and advisory solutions are provided by the NBFC. | ilfsindia.com |
Business activity
The main business activity of Chenani Nashri Tunnelway 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 Chenani Nashri Tunnelway Limited, buy the company report.
Financials of Chenani Nashri Tunnelway Limited
FY 2025 filings availableChenani Nashri Tunnelway Limited reported revenue of ₹526.34 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 8% 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 |
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| EBITDA | ₹470.05 Cr | ||||
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| Net Profit (PAT) | ₹346.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 89.3% | ||||
| Net Profit Margin | 65.8% | ||||
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To see the full financial statements and ratios of Chenani Nashri Tunnelway Limited, buy the company report.
Board of directors of Chenani Nashri Tunnelway Limited
Chenani Nashri Tunnelway has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sippy Narender Kumar Also directs: Baharampore-Farakka Highways Limited | Additional Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Anuj Maitrey | Additional Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Ravindranath Karati | Additional Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Shreedhar Narayan | Additional Director | 20 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Chenani Nashri Tunnelway Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Dhankuni Kharagpur Tollway Limited | ₹544.29 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Kollam Highways Private Limited | ₹542.78 Cr (FY 2025) | 38.0% | Delhi, India | |||
| Gujarat State Road Development Corporation Limited | ₹535.68 Cr (FY 2025) | 17.0% | Gandhinagar, Gujarat, India | |||
| R K Chavan Infrastructure Private Limited | ₹529.22 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Chenani Nashri Tunnelway Limitedthis company | ₹526.34 Cr (FY 2025) | ₹346.58 Cr | 65.8% | 7.0% | Mumbai, Maharashtra, India | |
| Apco Jewar Expressway Private Limited | ₹525.98 Cr (FY 2025) | 31.0% | Lucknow, Uttar Pradesh, India | |||
| Road Infrastructure Development Company of Rajasthan Limited | ₹515.79 Cr (FY 2025) | -16.0% | Jaipur, Rajasthan, India | |||
| Montecarlo Vadodara Mumbai Expressway Private Limited | ₹513.38 Cr (FY 2025) | 83.0% | Ahmedabad, Gujarat, India | |||
| Samakhiyali Tollway Private Limited | ₹513 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Chenani Nashri Tunnelway Limited, buy the company report.
Auditor
Chenani Nashri Tunnelway Limited is audited by Gianender & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gianender & Associates | FY 2023 | 004661N |
Shareholding
The shareholding of Chenani Nashri Tunnelway 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chenani Nashri Tunnelway Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101193267 | Others | ₹1,659 Cr | Open | |
| 29 Mar 2011 | 10282839 | Others | ₹3,348 Cr | Open |
To see the full charge records of Chenani Nashri Tunnelway Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Chenani Nashri Tunnelway Limited has 1 deal on record (1 funding round), with disclosed funding of ₹371.95 Cr; the latest was in October 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2010 | Funding round | ₹371.95 Cr | Investors: Il&Fs Transportation Networks Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chenani Nashri Tunnelway Limited has 4 court cases on record: 1 filed by Chenani Nashri Tunnelway, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Aditya Birla Finance Limited | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against Union of India Th Secretary Ministry of Finance New Delhi and Others | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Cube Highways and Infrastructure II Pte Ltd | Disposed |
To see the full case history of Chenani Nashri Tunnelway 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
Chenani Nashri Tunnelway Limited was last rated by Indiarating on 09 Nov 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 09 Nov 2022 |
To see the full credit ratings and regulatory alerts of Chenani Nashri Tunnelway Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chenani Nashri Tunnelway Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chenani Nashri Tunnelway has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC0215C1ZF | Maharashtra | Active | 01 Jul 2017 |
| 01AAECC0215C1ZT | Jammu and Kashmir | Active | 08 Aug 2017 |
To see the full GST registrations and return filing status of Chenani Nashri Tunnelway Limited, buy the company report.
Recent activity
Chenani Nashri Tunnelway Limited has 23 board changes on record since 2013: 4 appointments and 19 cessations. The latest: Anuj Maitrey was appointed as Additional Director on 20 Nov 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Chenani Nashri Tunnelway is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 02 June 2010 (16+ years old) and is registered under CIN U45400MH2010PLC203614.
Chenani Nashri Tunnelway has 4 current directors:
- Sippy Narender Kumar - Additional Director
- Anuj Maitrey - Additional Director
- Ravindranath Karati - Additional Director
- Shreedhar Narayan - Additional Director
The latest financial statements of Chenani Nashri Tunnelway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chenani Nashri Tunnelway is 27AAECC0215C1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 01AAECC0215C1ZT (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Chenani Nashri Tunnelway is U45400MH2010PLC203614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chenani Nashri Tunnelway has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Chenani Nashri Tunnelway was incorporated on 02 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Chenani Nashri Tunnelway has 1 deal on record (1 funding round), with disclosed funding of ₹371.95 Cr; the latest was in October 2010.
The peers of Chenani Nashri Tunnelway by revenue are Dhankuni Kharagpur Tollway Limited, Kollam Highways Private Limited, Gujarat State Road Development Corporation Limited, R K Chavan Infrastructure Private Limited, Apco Jewar Expressway Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Anuj Maitrey was appointed as Additional Director on 20 Nov 2025. Ravindranath Karati was appointed as Additional Director on 20 Nov 2025. Shreedhar Narayan was appointed as Additional Director on 20 Nov 2025. Chenani Nashri Tunnelway has 23 board changes on record in total.
Chenani Nashri Tunnelway can be reached through the website ilfsindia.com. Its registered office is in Mumbai, Maharashtra, India.
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