MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0101141
DBL Nadiad Modasa Tollways Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.86 Cr
▼ 14% YoY
Net profit · FY 2025
₹4.34 Cr
Net margin 39.9%
EBITDA · FY 2025
₹5.77 Cr
EBITDA margin 53.1%
Authorised capital
₹43.4 Cr
Registered with MCA
Paid-up capital
₹31.47 Cr
Issued & subscribed
Open charges
₹5,011.39 Cr
Satisfied ₹8,753.39 Cr
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About DBL Nadiad Modasa Tollways Private Limited
Data last updated:
DBL Nadiad Modasa Tollways Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shrem Roadways Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 15 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2011PTC381475. Its GSTIN is 24AAECD0388D1Z0 (Gujarat).
The company has an authorised share capital of ₹43.4 Cr and a paid-up capital of ₹31.47 Cr. It is led by directors Shyam Sunder Malani and Hanuman Ram Suthar.
Its last annual general meeting (AGM) was held on 29 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 ₹10.86 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.34 Cr (net margin 39.9%) and EBITDA of ₹5.77 Cr (EBITDA margin 53.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹5,011.39 Cr and satisfied charges of ₹8,753.39 Cr on record.
DBL Nadiad Modasa Tollways Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0101141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreminvit.com.
Company details
CIN U45200MH2011PTC381475
Registration Number 381475
Incorporation Date 15 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shrem Roadways Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0101141
CIN history
DBL Nadiad Modasa Tollways has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200MH2011PTC381475, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2011PTC381475 | Current |
| U45200MH2011PLC381475 | Previous |
| U45200MP2011PLC026188 | Previous |
Recognitions & Rankings of DBL Nadiad Modasa Tollways
Contact details
DBL Nadiad Modasa Tollways Private Limited's registered office is in Mumbai, Maharashtra. Its website is shreminvit.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1001 10th Floor Viraj Towers, Jn. Of Andheri Kurla Road W. E. Highway Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Comprehensive company report
DBL Nadiad Modasa Tollways Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of DBL Nadiad Modasa 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 DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Financials of DBL Nadiad Modasa Tollways Private Limited
FY 2025 filings availableDBL Nadiad Modasa Tollways Private Limited reported revenue of ₹10.86 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹10.86 Cr ▼ 14%
Net profit · FY 2025
₹4.34 Cr margin 39.9%
EBITDA · FY 2025
₹5.77 Cr margin 53.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 16%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 11%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 14% fall in the latest year. EBITDA fell 27% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.34 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 | 53.1% | ||||
| Net Profit Margin | 39.9% | ||||
| 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 DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Board of directors of DBL Nadiad Modasa Tollways Private Limited
DBL Nadiad Modasa Tollways has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanuman Ram Suthar | Additional Director | 07 Oct 2025 | 1 Years 1 Months | Current |
| Shyam Sunder Malani Also directs: Avyukta Investments and Advisors LLP, PSV Managements and Services LLP, Kekarav Developers LLP and 5 more | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
Peer comparison
DBL Nadiad Modasa Tollways Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| BRB Buildcon Private Limited | ₹10.95 Cr (FY 2024) | -4.0% | Dhule, Maharashtra, India | |||
| D K S Infratech India Private Limited | ₹10.91 Cr (FY 2025) | -47.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| DBL Nadiad Modasa Tollways Private Limitedthis company | ₹10.86 Cr (FY 2025) | ₹4.34 Cr | 39.9% | -14.0% | Mumbai, Maharashtra, India | |
| Satkirat Highways Private Limited | ₹10.78 Cr (FY 2025) | 77.0% | Jabalpur, Madhya Pradesh, India | |||
| Saru Enterprises Private Ltd | ₹10.67 Cr (FY 2025) | 176.0% | Punjab, India |
To see the full peer comparison of DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Auditor
DBL Nadiad Modasa Tollways Private Limited is audited by MUKUND M CHITALE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND M CHITALE & CO | FY 2023 | 106655W |
Shareholding
The shareholding of DBL Nadiad Modasa Tollways 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 DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5,011.39 Cr
Satisfied charges
₹8,753.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2023 | 100766859 | Sbicap Trustee Company Limited | ₹860 Cr | Satisfied | |
| 12 Oct 2022 | 100625012 | Sbicap Trustee Company Limited | ₹4,086 Cr | Satisfied | |
| 23 Jul 2021 | 100469603 | Sbicap Trustee Company Limited | ₹3,431 Cr | Satisfied | |
| 23 Jul 2021 | 100479077 | Others | ₹65.39 Cr | Satisfied | |
| 19 Mar 2016 | 100017095 | Others | ₹140 Cr | Satisfied |
To see the full charge records of DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving DBL Nadiad Modasa Tollways Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
DBL Nadiad Modasa Tollways Private Limited was last rated by Care on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of DBL Nadiad Modasa Tollways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DBL Nadiad Modasa Tollways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DBL Nadiad Modasa Tollways has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD0388D1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DBL Nadiad Modasa Tollways Private Limited, buy the company report.
Recent activity
DBL Nadiad Modasa Tollways Private Limited has 28 board changes on record since 2011: 15 appointments and 13 cessations. The latest: Hanuman Ram Suthar was appointed as Additional Director on 07 Oct 2025.
Appointed
Hanuman Ram Suthar was appointed as Additional Director.
Ceased
Piyush Sheetalchand Jain ceased to be Director.
AGM
Dbl Nadiad Modasa Tollways Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 23 Jul 2021 via Charge ID 100479077 with Others was fully satisfied on 08 Jul 2025.
Charges
A charge registered on 04 Aug 2023 via Charge ID 100766859 with Sbicap Trustee Company Limited was fully satisfied on 20 Jun 2025.
Charges
A charge registered on 12 Oct 2022 via Charge ID 100625012 with Sbicap Trustee Company Limited was fully satisfied on 20 Jun 2025.
Charges
A charge registered on 23 Jul 2021 via Charge ID 100469603 with Sbicap Trustee Company Limited was fully satisfied on 18 Jun 2025.
Filing
Dbl Nadiad Modasa Tollways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Amar Sabhandas Tekchandaney ceased to be Director.
Ceased
Mukesh Ravish Chander Jain ceased to be Director.
Appointed
Shyam Sunder Malani was appointed as Director.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 860.00 Cr with Charge ID 100766859 was registered on 04 Aug 2023.
33 earlier events are in the company report.
Frequently asked questions
DBL Nadiad Modasa Tollways is an active private 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 15 June 2011 (15+ years old) and is registered under CIN U45200MH2011PTC381475.
DBL Nadiad Modasa Tollways has 2 current directors:
- Hanuman Ram Suthar - Additional Director
- Shyam Sunder Malani - Director
The latest financial statements of DBL Nadiad Modasa Tollways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DBL Nadiad Modasa Tollways is 24AAECD0388D1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of DBL Nadiad Modasa Tollways is U45200MH2011PTC381475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DBL Nadiad Modasa Tollways was incorporated on 15 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of DBL Nadiad Modasa Tollways by revenue are BRB Buildcon Private Limited, D K S Infratech India Private Limited, Satkirat Highways Private Limited, Saru Enterprises Private Ltd, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Hanuman Ram Suthar was appointed as Additional Director on 07 Oct 2025. Piyush Sheetalchand Jain ceased to be Director on 07 Oct 2025. Amar Sabhandas Tekchandaney ceased to be Director on 01 Nov 2023. DBL Nadiad Modasa Tollways has 28 board changes on record in total.
Yes, DBL Nadiad Modasa Tollways is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0101141).
DBL Nadiad Modasa Tollways can be reached through the website shreminvit.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of DBL Nadiad Modasa Tollways is at 1001 10th Floor Viraj Towers, Jn. Of Andheri Kurla Road W. E. Highway Andheri East, Mumbai, Maharashtra, India – 400093.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages