About DBL Sangli Borgaon Highways Limited
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DBL Sangli Borgaon Highways Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Dilip Buildcon Limited. It operates in the utility projects segment of the construction sector. It was incorporated on 11 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2018PLC423881. Its GSTIN is 27AAGCD6414L1ZG (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.09 Lakh. It is led by directors including Mukesh Ravish Chander Jain and Gaurav Ravi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹112.23 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹50.97 Cr (net margin 45.4%) and EBITDA of ₹98.31 Cr (EBITDA margin 87.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹4,946 Cr and satisfied charges of ₹5,276.65 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 4 deals on record (2 acquisitions, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹492.21 Cr; the latest was in September 2023. 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 Katra Expressway Private Limited with revenue of ₹114.24 Cr.
For more details, the company can be reached via its website dilipbuildcon.com.
Company details
CIN history
DBL Sangli Borgaon Highways has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45209MH2018PLC423881, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209MH2018PLC423881 | Current |
| U45209MP2018PTC045510 | Previous |
| U45209MP2018PLC045510 | Previous |
Contact details
DBL Sangli Borgaon Highways Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1001 10th Floor Viraj Towers Jn. Of Andheri Kurla Road, W. E. Highway Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConstruction, Utility Projects, Railways, Roads
- 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 DBL Sangli Borgaon Highways 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 Sangli Borgaon Highways Limited, buy the company report.
Financials of DBL Sangli Borgaon Highways Limited
FY 2024 filings availableDBL Sangli Borgaon Highways Limited reported revenue of ₹112.23 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 16% 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 | ₹98.31 Cr | ||||
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| Net Profit (PAT) | ₹50.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.6% | ||||
| Net Profit Margin | 45.4% | ||||
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To see the full financial statements and ratios of DBL Sangli Borgaon Highways Limited, buy the company report.
Board of directors of DBL Sangli Borgaon Highways Limited
DBL Sangli Borgaon Highways 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 |
|---|---|---|---|---|
| Mukesh Ravish Chander Jain Also directs: Pareek and Jain Financial Services LLP, Mukesh Jain & Associates LLP, MJM Law LLP and 3 more | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Gaurav Ravi Also directs: DBL Lucknow Sultanpur Highways Private Limited | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Prashant Kumar Jain | Director | 03 May 2024 | 2 Years 6 Months | Current |
| Ankit Soni | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
| Hanuman Ram Suthar | Additional Director | 09 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
DBL Sangli Borgaon Highways 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 |
|---|---|---|---|---|---|---|
| Katra Expressway Private Limited | ₹114.24 Cr (FY 2025) | -70.0% | Delhi, India | |||
| Unnao Highways Private Limited | ₹113.93 Cr (FY 2025) | -76.0% | Agra, Uttar Pradesh, India | |||
| Panipat Elevated Corridor Private Limited | ₹113.14 Cr (FY 2025) | 3.0% | Sriperumbudur, Tamil Nadu, India | |||
| Garg Sons Estate Promoters Private Limited | ₹113.11 Cr (FY 2024) | 11.0% | Chandigarh, India | |||
| DBL Sangli Borgaon Highways Limitedthis company | ₹112.23 Cr (FY 2025) | ₹50.97 Cr | 45.4% | 6.0% | Mumbai, Maharashtra, India | |
| Vishesh Infrastructure Private Limited | ₹112.07 Cr (FY 2025) | 249.0% | New Delhi, Delhi, India | |||
| Freedompoint Expressway Private Limited | ₹111.73 Cr (FY 2025) | 66.0% | Lucknow, Uttar Pradesh, India | |||
| Bethamangala Expressway Private Limited | ₹111.56 Cr (FY 2025) | -69.0% | Delhi, India | |||
| S.P.C.Infrastructure Private Limited | ₹110.95 Cr (FY 2024) | -21.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of DBL Sangli Borgaon Highways Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2023 | 100766962 | Sbicap Trustee Company Limited | ₹860 Cr | Satisfied | |
| 20 Mar 2023 | 100696827 | Sbicap Trustee Company Limited | ₹4,086 Cr | Satisfied | |
| 29 Jan 2019 | 100235170 | Others | ₹330.65 Cr | Satisfied |
To see the full charge records of DBL Sangli Borgaon Highways Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
DBL Sangli Borgaon Highways Limited has 4 deals on record (2 acquisitions, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹492.21 Cr; the latest was in September 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Shrem Infraventure Private Limited & Nitan Chhatwal, Shrem Infraventure Private Limited & Aaryaman Chhatwal, Shrem Infraventure Private Limited & Hitesh Chhatwal Seller: Dilip Buildcon Limited & Bharat Singh, Dilip Buildcon Limited & Sandeep Deshpande, Dilip Buildcon Limited & Seema Suryavanshi |
| Nov 2022 | Acquisition | Undisclosed | Buyer: Shrem Infraventure Private Limited Seller: Dilip Buildcon Limited |
| Oct 2022 | Debt financing | ₹492.21 Cr | Investors: Shrem Infraventure Private Limited , Shrem Enterprises Private Limited |
| Aug 2019 | Acquisition | ₹52.56 Cr | Buyer: Dilip Buildcon Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
DBL Sangli Borgaon Highways Limited has 1 court case on record: 1 filed by DBL Sangli Borgaon Highways. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Piu, Kolhapur, National Highways Authority of India | Pending |
To see the full case history of DBL Sangli Borgaon Highways 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
DBL Sangli Borgaon Highways Limited was last rated by Care on 04 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Oct 2021 |
To see the full credit ratings and regulatory alerts of DBL Sangli Borgaon Highways Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DBL Sangli Borgaon Highways Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DBL Sangli Borgaon Highways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD6414L1ZG | Maharashtra | Active | 24 May 2018 |
To see the full GST registrations and return filing status of DBL Sangli Borgaon Highways Limited, buy the company report.
Recent activity
DBL Sangli Borgaon Highways Limited has 15 board changes on record since 2020: 5 appointments and 10 cessations. The latest: Hanuman Ram Suthar was appointed as Additional Director on 09 Oct 2025.
13 earlier events are in the company report.
Frequently asked questions
DBL Sangli Borgaon Highways is an active public limited company based in Mumbai, Maharashtra, India. The company works in utility projects, within the construction industry. It was incorporated on 11 April 2018 (8+ years old) and is registered under CIN U45209MH2018PLC423881.
DBL Sangli Borgaon Highways has 5 current directors:
- Mukesh Ravish Chander Jain - Director
- Gaurav Ravi - Director
- Prashant Kumar Jain - Director
- Ankit Soni - Director
- Hanuman Ram Suthar - Additional Director
The latest financial statements of DBL Sangli Borgaon Highways 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 FY 2019 are in the company report.
The GSTIN of DBL Sangli Borgaon Highways is 27AAGCD6414L1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of DBL Sangli Borgaon Highways is U45209MH2018PLC423881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DBL Sangli Borgaon Highways has 1 court case on record: 1 filed by the company. 1 is pending.
DBL Sangli Borgaon Highways was incorporated on 11 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
DBL Sangli Borgaon Highways has 4 deals on record (2 acquisitions, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹492.21 Cr; the latest was in September 2023.
The peers of DBL Sangli Borgaon Highways by revenue are Katra Expressway Private Limited, Unnao Highways Private Limited, Panipat Elevated Corridor Private Limited, Garg Sons Estate Promoters Private Limited, Vishesh Infrastructure Private Limited and 3 more, 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 09 Oct 2025. Mukesh Ravish Chander Jain ceased to be Additional Director on 29 Sep 2024. Prashant Kumar Jain ceased to be Additional Director on 29 Sep 2024. DBL Sangli Borgaon Highways has 15 board changes on record in total.
DBL Sangli Borgaon Highways can be reached through the website dilipbuildcon.com. Its registered office is in Mumbai, Maharashtra, India.
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