About Durg Shivnath Expressways Private Limited
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Durg Shivnath Expressways Private Limited is a private limited company based in Durg, Chhattisgarh, India, a subsidiary of Tril Roads Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 13 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U45203CT1997PTC012220. Its GSTIN is 22AADCS2258Q2Z1 (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹23.62 Cr. It was formerly known as Sms Shivnath Infrastructure Private Limited and Sms Shivnath Infrastructure Limited. It is led by directors including Rajesh Sirohia and Neha Anand Pandit.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Toll Plaza Durg Bypass NH – 6 Near Dhamdha Naka, Chhattisgarh, India – 491001.
As per the financials filed for FY 2025, the company reported a revenue of ₹132.9 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹58.88 Cr (net margin 44.3%) and EBITDA of ₹104.15 Cr (EBITDA margin 78.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹175 Cr and satisfied charges of ₹420 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 9 deals on record (8 secondary share transfers, 1 acquisition); the latest was in April 2017. Its 6 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 4 smaller; the largest is Gawar Sihuni Highway Private Limited with revenue of ₹133.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatarealty.in.
Company details
Name history
Durg Shivnath Expressways has undergone 2 name changes throughout its history. The company was previously known as Sms Shivnath Infrastructure Private Limited, and Sms Shivnath Infrastructure Limited. The current legal name is Durg Shivnath Expressways Private Limited.
| Company Name | Status |
|---|---|
| Durg Shivnath Expressways Private Limited | Current |
| Sms Shivnath Infrastructure Private Limited | Previous |
| Sms Shivnath Infrastructure Limited | Previous |
CIN history
Durg Shivnath Expressways has one previous CIN (Corporate Identification Number): U45203CT1997PLC012220. The current CIN is U45203CT1997PTC012220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203CT1997PTC012220 | Current |
| U45203CT1997PLC012220 | Previous |
Contact details
Durg Shivnath Expressways Private Limited's registered office is in Durg, Chhattisgarh. Its website is tatarealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressToll Plaza Durg Bypass NH – 6 Near Dhamdha Naka, Chhattisgarh, India – 491001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Durg Shivnath Expressways 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
Business activity
The main business activity of Durg Shivnath Expressways 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 Durg Shivnath Expressways Private Limited, buy the company report.
Financials of Durg Shivnath Expressways Private Limited
FY 2025 filings availableDurg Shivnath Expressways Private Limited reported revenue of ₹132.9 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 11% growth in the latest year. EBITDA rose 4% 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 | ₹104.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.88 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 | 78.4% | ||||
| Net Profit Margin | 44.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Durg Shivnath Expressways Private Limited, buy the company report.
Board of directors of Durg Shivnath Expressways Private Limited
Durg Shivnath Expressways has 3 current directors and 44 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Narain Also directs: Tril Urban Transport Private Limited, Dharamshala Ropeway Limited | Additional Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Rajesh Sirohia | Director | 17 Oct 2020 | 6 Years 0 Months | Current |
| Neha Anand Pandit Also directs: Uchit Expressways Private Limited, Pune Solapur Expressways Private Limited, Hampi Expressways Private Limited and 2 more | Director | 12 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Durg Shivnath Expressways Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Gawar Sihuni Highway Private Limited | ₹133.25 Cr (FY 2025) | 278.0% | Hisar, Haryana, India | |||
| Hazaribagh Tollway Private Limited | ₹132.92 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Durg Shivnath Expressways Private Limitedthis company | ₹132.9 Cr (FY 2025) | ₹58.88 Cr | 44.3% | 11.0% | 13 | Durg, Chhattisgarh, India |
| Ashoka Highways (Bhandara) Limited | ₹132.69 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| NKC Alewa Pandwa Expressway Private Limited | ₹131.99 Cr (FY 2025) | -71.0% | Delhi, India | |||
| Ceigall Bathinda Dabwali Highways Private Limited | ₹131.9 Cr (FY 2025) | -67.0% | Ludhiana, Punjab, India | |||
| Ni Road Infra Private Limited | ₹131.9 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Durg Shivnath Expressways Private Limited, buy the company report.
Auditor
Durg Shivnath Expressways Private Limited is audited by MKPS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MKPS & Associates | FY 2023 | 302014E |
Shareholding
The shareholding of Durg Shivnath Expressways Private 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 Durg Shivnath Expressways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2020 | 100361386 | Others | ₹175 Cr | Open | |
| 24 May 2018 | 100187297 | Idbi Trusteeship Services Limited | ₹175 Cr | Satisfied | |
| 21 Jan 2010 | 10201533 | State Bank of Hyderabad | ₹200 Cr | Satisfied | |
| 14 May 2005 | 90209974 | State Bank of India | ₹25 Cr | Satisfied | |
| 21 Oct 1999 | 90210510 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Durg Shivnath Expressways Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Durg Shivnath Expressways Private Limited has 9 deals on record (8 secondary share transfers, 1 acquisition); the latest was in April 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Acquisition | Undisclosed | Buyer: TRPL Roadways Private Limited Seller: Vertis Fund Advisors Private Limited , SMS Limited , an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: SMS Limited Seller: TDL Operation and Maintenance Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Vertis Fund Advisors Private Limited Seller: Global Infrastructure Partners |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: TDL Operation and Maintenance Limited Seller: Global Infrastructure Partners |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: TDL Operation and Maintenance Limited Seller: SMS Limited |
To see the full deal history of Durg Shivnath Expressways Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Durg Shivnath Expressways Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Court case (TAXC) | Filed against the company by PR. Commissioner of Income Tax-2 | Pending |
| High Court | Court case (TAXC) | Filed against the company by Assistant Commissioner of Income Tax-2 ( | Disposed |
| District court, Bilaspur, Chhattisgarh | Court case (SPL. CASE (COMP.ACT)) | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Durg Shivnath Expressways 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
Durg Shivnath Expressways Private Limited was last rated by Icra on 16 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Sep 2022 |
To see the full credit ratings and regulatory alerts of Durg Shivnath Expressways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Durg Shivnath Expressways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Durg Shivnath Expressways Private Limited has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 13 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Durg Shivnath Expressways Private Limited, buy the company report.
GST
Durg Shivnath Expressways has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCS2258Q2Z1 | Chhattisgarh | Active | 25 Jan 2018 |
To see the full GST registrations and return filing status of Durg Shivnath Expressways Private Limited, buy the company report.
Recent activity
Durg Shivnath Expressways Private Limited has 39 board changes on record since 2007: 4 appointments and 35 cessations. The latest: Uday Narain was appointed as Additional Director on 30 Apr 2025.
41 earlier events are in the company report.
Frequently asked questions
Durg Shivnath Expressways is an active private limited company based in Durg, Chhattisgarh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 13 August 1997 (29+ years old) and is registered under CIN U45203CT1997PTC012220.
Durg Shivnath Expressways has 3 current directors:
- Uday Narain - Additional Director
- Rajesh Sirohia - Director
- Neha Anand Pandit - Director
The latest financial statements of Durg Shivnath Expressways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Durg Shivnath Expressways is 22AADCS2258Q2Z1, registered in Chhattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Durg Shivnath Expressways is U45203CT1997PTC012220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durg Shivnath Expressways has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Durg Shivnath Expressways was incorporated on 13 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Durg Shivnath Expressways has 9 deals on record (8 secondary share transfers, 1 acquisition); the latest was in April 2017.
The peers of Durg Shivnath Expressways by revenue are Gawar Sihuni Highway Private Limited, Hazaribagh Tollway Private Limited, Ashoka Highways (Bhandara) Limited, NKC Alewa Pandwa Expressway Private Limited, Ceigall Bathinda Dabwali Highways Private Limited and 1 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Uday Narain was appointed as Additional Director on 30 Apr 2025. Indrajit Dutta ceased to be CFO on 31 Jul 2023. Mohit Ravikant Verma ceased to be Director on 27 Sep 2021. Durg Shivnath Expressways has 39 board changes on record in total.
Durg Shivnath Expressways can be reached through the website tatarealty.in. Its registered office is in Durg, Chhattisgarh, India.
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