About Godhra Expressways Private Limited
Data last updated:
Godhra Expressways Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Highways Infrastructure Trust. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2010PTC301565. Its GSTIN is 24AAECB0747N1ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹29.05 Cr and a paid-up capital of ₹20.16 Cr. It was formerly known as Bscpl Godhra Tollways Limited and Bscpl Godhra Tollways Private Limited. It is led by directors including Sanved Ulhas Raut and Gajji Vamshi Mohan Kiran Babu.
Its last annual general meeting (AGM) was held on 03 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 ₹181.84 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹52.28 Cr (net margin -28.8%) and EBITDA of ₹161.19 Cr (EBITDA margin 88.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Godhra Expressways and Highways Trust. As per MCA filings, the company has open charges of ₹410.1 Cr and satisfied charges of ₹1,094.45 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 14 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹436.65 Cr; the latest was in August 2022. 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, 3 larger and 2 smaller; the largest is Gohana Sonepat Highway Private Limited with revenue of ₹183.97 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 highwaystrust.com.
Company details
Name history
Godhra Expressways has undergone 2 name changes throughout its history. The company was previously known as Bscpl Godhra Tollways Limited, and Bscpl Godhra Tollways Private Limited. The current legal name is Godhra Expressways Private Limited.
| Company Name | Status |
|---|---|
| Godhra Expressways Private Limited | Current |
| Bscpl Godhra Tollways Limited | Previous |
| Bscpl Godhra Tollways Private Limited | Previous |
CIN history
Godhra Expressways has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45209MH2010PTC301565, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209MH2010PTC301565 | Current |
| U45209TG2010PTC066757 | Previous |
| U45209TG2010PLC066757 | Previous |
| U45209AP2010PLC066757 | Previous |
Contact details
Godhra Expressways Private Limited's registered office is in Mumbai, Maharashtra. Its website is highwaystrust.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No. 601 – 602 6th Floor Windsor House, Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Godhra 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
Brands
Godhra Expressways operates two associated brands: Godhra Expressways and Highways Trust. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for special purpose vehicles enhancing traffic connectivity. | godhraexpressways.com | |
| Provider of outsourcing services for investment infrastructure | highwaystrust.com |
Business activity
The main business activity of Godhra 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 Godhra Expressways Private Limited, buy the company report.
Financials of Godhra Expressways Private Limited
FY 2025 filings availableGodhra Expressways Private Limited reported revenue of ₹181.84 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA rose 15% 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 | ₹161.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.28 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 | 88.6% | ||||
| Net Profit Margin | -28.8% | ||||
| 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 Godhra Expressways Private Limited, buy the company report.
Board of directors of Godhra Expressways Private Limited
Godhra Expressways has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanved Ulhas Raut Also directs: Triveni Sangam Highways Private Limited, Swarna Tollway Private Limited, Dausa Lalsot Highways Private Limited and 4 more | Nominee Director | 19 Jun 2025 | 1 Years 4 Months | Current |
| Gajji Vamshi Mohan Kiran Babu Also directs: Triveni Sangam Highways Private Limited, Swarna Tollway Private Limited, Bundelkhand Highways Private Limited and 1 more | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Ashish Thite | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Godhra Expressways Private 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 |
|---|---|---|---|---|---|---|
| Gohana Sonepat Highway Private Limited | ₹183.97 Cr (FY 2025) | -29.0% | Delhi, India | |||
| KCC Walajahpet Expressway Private Limited | ₹182.48 Cr (FY 2025) | -52.0% | Delhi, India | |||
| Montecarlo Munger Mirzachauki 3 Highway Private Limited | ₹182.03 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Godhra Expressways Private Limitedthis company | ₹181.84 Cr (FY 2025) | -₹52.28 Cr | -28.8% | 12.0% | 48 | Mumbai, Maharashtra, India |
| Vaaan Infra Private Limited | ₹179.08 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| HCC Infrastructure Company Limited | ₹178.15 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Godhra Expressways Private Limited, buy the company report.
Auditor
Godhra Expressways Private Limited is audited by LUTHRA & LUTHRA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUTHRA & LUTHRA | FY 2023 | 002081N |
Shareholding
The shareholding of Godhra Expressways 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 Godhra Expressways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2022 | 100621586 | Others | ₹410.1 Cr | Open | |
| 26 Sep 2019 | 100294293 | Others | ₹39.45 Cr | Satisfied | |
| 26 Sep 2019 | 100299627 | Others | ₹70 Cr | Satisfied | |
| 30 Mar 2017 | 100101667 | Others | ₹110 Cr | Satisfied | |
| 30 Mar 2017 | 100101931 | Others | ₹350 Cr | Satisfied |
To see the full charge records of Godhra Expressways Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Godhra Expressways Private Limited has 14 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹436.65 Cr; the latest was in August 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: Bscpl Infra Projects Limited |
| Feb 2017 | Acquisition | Undisclosed | Buyer: Global Infrastructure Partners Seller: Bscpl Infrastructure Limited , Bscpl Infra Projects Limited |
| Mar 2014 | Funding round | ₹42.6 Lakh | Investors: Bscpl Infrastructure Limited |
| Oct 2013 | Funding round | ₹26.12 Cr | Investors: Bscpl Infra Projects Limited , Bscpl Infrastructure Limited |
| Mar 2013 | Funding round | ₹10.62 Cr | Investors: Bscpl Infra Projects Limited , Bscpl Infrastructure Limited |
To see the full deal history of Godhra 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
Godhra Expressways Private Limited has 5 court cases on record: 2 filed by Godhra Expressways, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 6 | Pending |
| NCLT, Mumbai | Company petition | Filed by the company | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by National Highways Authority Limited | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by National Highways Authority of India | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against National Highways Authority of India | Disposed |
To see the full case history of Godhra 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
Godhra Expressways Private Limited was last rated by Indiarating on 04 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 04 Feb 2022 |
To see the full credit ratings and regulatory alerts of Godhra Expressways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Godhra Expressways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Godhra Expressways Private Limited has a workforce of 48 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 | 48 |
| 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 Godhra Expressways Private Limited, buy the company report.
GST
Godhra Expressways has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECB0747N1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Godhra Expressways Private Limited, buy the company report.
Recent activity
Godhra Expressways Private Limited has 31 board changes on record since 2010: 17 appointments and 14 cessations. The latest: Sanved Ulhas Raut was appointed as Nominee Director on 19 Jun 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Godhra Expressways 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 21 January 2010 (16+ years old) and is registered under CIN U45209MH2010PTC301565.
Godhra Expressways has 3 current directors:
- Sanved Ulhas Raut - Nominee Director
- Gajji Vamshi Mohan Kiran Babu - Nominee Director
- Ashish Thite - Nominee Director
The latest financial statements of Godhra Expressways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Godhra Expressways is 24AAECB0747N1ZM, registered in Gujarat. 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 Godhra Expressways is U45209MH2010PTC301565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Godhra Expressways has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Godhra Expressways was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Godhra Expressways has 14 deals on record (4 funding rounds, 4 acquisitions, 3 secondary share transfers), with disclosed funding of ₹436.65 Cr; the latest was in August 2022.
The peers of Godhra Expressways by revenue are Gohana Sonepat Highway Private Limited, KCC Walajahpet Expressway Private Limited, Montecarlo Munger Mirzachauki 3 Highway Private Limited, Vaaan Infra Private Limited, HCC Infrastructure Company Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Sanved Ulhas Raut was appointed as Nominee Director on 19 Jun 2025. Abhishek Chhajer ceased to be Nominee Director on 30 Apr 2025. Ashish Thite was appointed as Nominee Director on 30 Apr 2025. Godhra Expressways has 31 board changes on record in total.
Godhra Expressways can be reached through the website highwaystrust.com. Its registered office is in Mumbai, Maharashtra, India.
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.
