- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-10-0005135

About Chetak Tollways Limited
Data last updated:
Chetak Tollways Limited is a public limited company based in Nimbahera, Rajasthan, India, a subsidiary of Chetak Enterprises Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 23 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45203RJ2012PLC039006. Its GSTIN is 08AAECC8640B1ZW (Rajasthan).
The company has an authorised share capital of ₹154 Cr and a paid-up capital of ₹110 Cr. It is led by directors including Manohar Lal Anjana (Managing Director) and Madan Lal Kothari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Petch Area Opposite Dak Bungalow Circuit House Road, Nimbahera, Rajasthan, India – 312601.
As per the financials filed for FY 2024, the company reported a revenue of ₹100.53 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹6.18 Cr (net margin -6.1%) and EBITDA of ₹57.96 Cr (EBITDA margin 57.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 239 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹489.95 Cr and satisfied charges of ₹57.03 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 acquisitions); the latest was in April 2014. Its 5 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 3 smaller; the largest is Hardiya Hasanpur Highway Private Limited with revenue of ₹101.25 Cr.
Chetak Tollways Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-10-0005135). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chetakenterprises.com.
Company details
Recognitions & Rankings of Chetak Tollways
Contact details
Chetak Tollways Limited's registered office is in Nimbahera, Rajasthan. Its website is chetakenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPetch Area Opposite Dak Bungalow Circuit House Road, Nimbahera, Rajasthan, India – 312601
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Chetak Tollways 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
Business activity
The main business activity of Chetak Tollways 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 Chetak Tollways Limited, buy the company report.
Financials of Chetak Tollways Limited
FY 2024 filings availableChetak Tollways Limited reported revenue of ₹100.53 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 29% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹57.96 Cr | ||||
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| Net Profit (PAT) | -₹6.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 57.7% | ||||
| Net Profit Margin | -6.1% | ||||
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To see the full financial statements and ratios of Chetak Tollways Limited, buy the company report.
Board of directors of Chetak Tollways Limited
Chetak Tollways has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Lal Kothari Also directs: Chetak Enterprises Limited, Nashik Sinnar Tollways Limited, Sarvodaya Agrotech India Limited and 4 more | Director | 04 Oct 2021 | 5 Years 1 Months | Current |
| Hukmi Chand Jain Also directs: Anjana Cement Company Private Limited, Chetak Enterprises Limited, Chetak Mitra Tollways Limited and 5 more | Director | 23 May 2012 | 14 Years 5 Months | Current |
| Manohar Lal Anjana Also directs: Anjana Cement Company Private Limited, Chetak Enterprises Limited, Shiv Baba Mining Private Limited and 5 more | Managing Director | 01 Jan 2018 | 8 Years 10 Months | Current |
| Beena Anjana Also directs: Chetak Enterprises Limited | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Puranmal Anjana Also directs: Anjana Cement Company Private Limited, Chetak Enterprises Limited, Chetak Mitra Tollways Limited and 5 more | Director | 23 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Chetak Tollways 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 |
|---|---|---|---|---|---|---|
| Hardiya Hasanpur Highway Private Limited | ₹101.25 Cr (FY 2025) | -42.0% | Gurgaon, Haryana, India | |||
| L. N. Infrastructure & Constructions Private Limited | ₹100.93 Cr (FY 2025) | 51.0% | Bargarh, Odisha, India | |||
| Chetak Tollways Limitedthis company | ₹100.53 Cr (FY 2024) | -₹6.18 Cr | -6.1% | -17.0% | 239 | Nimbahera, Rajasthan, India |
| Ateli Narnaul Highway Private Limited | ₹100.21 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| I9 Freeways Private Limited | ₹100.18 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Keti Sangam Infrastructure (India) Limited | ₹99.96 Cr (FY 2024) | 13.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Chetak Tollways Limited, buy the company report.
Auditor
Chetak Tollways Limited is audited by K.L. Vyas & Company, Chartered Accountant for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.L. Vyas & Company, Chartered Accountant | FY 2023 | 003289C |
Shareholding
The shareholding of Chetak Tollways 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) | |||||
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| Others |
To see the full shareholding pattern of Chetak Tollways Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2021 | 100440156 | Idbi Trusteeship Services Limited | ₹65.95 Cr | Open | |
| 27 Feb 2013 | 10417370 | Idbi Trusteeship Services Limited | ₹424 Cr | Open | |
| 18 May 2021 | 100450316 | State Bank of India | ₹31.47 Cr | Satisfied | |
| 27 Feb 2013 | 10417163 | Idbi Trusteeship Services Limited | ₹25.56 Cr | Satisfied |
To see the full charge records of Chetak Tollways Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Chetak Tollways Limited has 2 deals on record (2 acquisitions); the latest was in April 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Acquisition | ₹60 Cr | Buyer: Chetak Enterprises Limited |
| Nov 2013 | Acquisition | ₹49.95 Cr | Buyer: Chetak Enterprises Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chetak Tollways Limited has 7 court cases on record: 3 filed by Chetak Tollways, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by State of Rajasthan | Pending |
| District court, Chittorgarh, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by State of Rajasthan | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by State of Rajasthan | Disposed |
| High Court, Rajasthan | Arbitration matter | Filed by the company against State of Rajasthan | Disposed |
To see the full case history of Chetak Tollways 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
Chetak Tollways Limited was last rated by Care on 10 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Mar 2023 |
To see the full credit ratings and regulatory alerts of Chetak Tollways Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chetak Tollways Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chetak Tollways Limited has a workforce of 239 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Chetak Tollways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECC8640B1ZW | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chetak Tollways Limited, buy the company report.
Recent activity
Chetak Tollways Limited has 12 board changes on record since 2012: 5 appointments and 7 cessations. The latest: Madan Lal Kothari ceased to be Additional Director on 30 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
Chetak Tollways is an active public limited company based in Nimbahera, Rajasthan, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 23 May 2012 (14+ years old) and is registered under CIN U45203RJ2012PLC039006.
Chetak Tollways has 5 current directors:
- Manohar Lal Anjana - Managing Director
- Madan Lal Kothari - Director
- Hukmi Chand Jain - Director
- Beena Anjana - Director
- Puranmal Anjana - Director
The latest financial statements of Chetak Tollways on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chetak Tollways is 08AAECC8640B1ZW, registered in Rajasthan.
The CIN (Corporate Identification Number) of Chetak Tollways is U45203RJ2012PLC039006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chetak Tollways has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Chetak Tollways was incorporated on 23 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Jaipur.
Chetak Tollways has 2 deals on record (2 acquisitions); the latest was in April 2014.
The peers of Chetak Tollways by revenue are Hardiya Hasanpur Highway Private Limited, L. N. Infrastructure & Constructions Private Limited, Ateli Narnaul Highway Private Limited, I9 Freeways Private Limited, Keti Sangam Infrastructure (India) Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Madan Lal Kothari ceased to be Additional Director on 30 Nov 2021. Madan Lal Kothari was appointed as Director on 04 Oct 2021. Deepak Sharma ceased to be Director on 29 May 2021. Chetak Tollways has 12 board changes on record in total.
Yes, Chetak Tollways is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-10-0005135).

