About GR Phagwara Expressway Private Limited
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GR Phagwara Expressway Private Limited is a private limited company based in Udaipur, Rajasthan, India, a subsidiary of G R Infraprojects Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 21 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45400RJ2016PTC056040. Its GSTIN is 03AAGCG5388Q1ZY (Punjab).
The company has an authorised share capital of ₹20.3 Cr and a paid-up capital of ₹20.3 Cr. It was formerly known as Gr Phagwara Expressway Limited. It is led by directors Sainath Gorantla and Harshael Pratap Sawant.
Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gr House Hiran Magri Sector – 11, Udaipur, Rajasthan, India – 313002.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.36 Cr (net margin 6.2%) and EBITDA of ₹76.84 Cr (EBITDA margin 56.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company is associated with 1 brand: G R Infraprojects. As per MCA filings, the company has open charges of ₹431.99 Cr and satisfied charges of ₹968.52 Cr on record. The company has 2 deals on record (2 acquisitions); the latest was in February 2024. 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 Kaithal Tollway Limited with revenue of ₹137.17 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 grinfra.com.
Company details
CIN history
GR Phagwara Expressway has one previous CIN (Corporate Identification Number): U45400RJ2016PLC056040. The current CIN is U45400RJ2016PTC056040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400RJ2016PTC056040 | Current |
| U45400RJ2016PLC056040 | Previous |
Contact details
GR Phagwara Expressway Private Limited's registered office is in Udaipur, Rajasthan.
- Registered AddressGr House Hiran Magri Sector – 11, Udaipur, Rajasthan, India – 313002
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
GR Phagwara Expressway operates one associated brand: G R Infraprojects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC provider for infrastructure projects and manufacturer of related materials | grinfra.com |
Business activity
The main business activity of GR Phagwara Expressway 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 GR Phagwara Expressway Private Limited, buy the company report.
Financials of GR Phagwara Expressway Private Limited
FY 2026 filings availableGR Phagwara Expressway Private Limited reported revenue of ₹135.7 Cr (up 234% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 234% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 174% 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 | ₹76.84 Cr | ||||
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| Net Profit (PAT) | ₹8.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 56.6% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of GR Phagwara Expressway Private Limited, buy the company report.
Board of directors and KMP of GR Phagwara Expressway Private Limited
GR Phagwara Expressway Private Limited currently reports 2 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sainath Gorantla | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Harshael Pratap Sawant | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Sunil Chhikara | Ceo | 15 May 2024 | 2 Years 5 Months | Current |
Peer comparison
GR Phagwara Expressway Private 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 |
|---|---|---|---|---|---|---|
| Kaithal Tollway Limited | ₹137.17 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Baleshwar Kharagpur Expressway Limited | ₹137.04 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| RKC Infrabuilt (Tarapur-Vasad) Road Project Private Limited | ₹136.73 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India | |||
| GMR Ambala-Chandigarh Expressways Private Limited | ₹135.88 Cr (FY 2025) | 66.0% | Bangalore, Karnataka, India | |||
| GR Phagwara Expressway Private Limitedthis company | ₹135.7 Cr (FY 2025) | ₹8.36 Cr | 6.2% | 234.0% | Udaipur, Rajasthan, India | |
| Irb Kota Tollway Private Limited | ₹135.7 Cr (FY 2025) | 2818.0% | Mumbai, Maharashtra, India | |||
| Sambalpur Baragarh Tollway Limited | ₹135.67 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| PRS Tolls Limited | ₹135.65 Cr (FY 2025) | -29.0% | Ahmedabad, Gujarat, India | |||
| Kumarapalayam Tollways Limited | ₹135.17 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of GR Phagwara Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2024 | 100920042 | Others | ₹85.35 Cr | Open | |
| 25 Apr 2024 | 100920043 | Others | ₹346.64 Cr | Open | |
| 29 Sep 2021 | 100490250 | Others | ₹370.32 Cr | Satisfied | |
| 29 Sep 2021 | 100492259 | Others | ₹99 Cr | Satisfied | |
| 19 Jan 2017 | 100077262 | Others | ₹499.2 Cr | Satisfied |
To see the full charge records of GR Phagwara Expressway Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
GR Phagwara Expressway Private Limited has 2 deals on record (2 acquisitions); the latest was in February 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Acquisition | Undisclosed | Buyer: an individual Seller: G R Infraprojects Limited |
| Jun 2017 | Acquisition | ₹20.25 Cr | Buyer: G R Infraprojects Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving GR Phagwara Expressway Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GR Phagwara Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GR Phagwara Expressway has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCG5388Q1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GR Phagwara Expressway Private Limited, buy the company report.
Recent activity
GR Phagwara Expressway Private Limited has 15 board changes on record since 2019: 3 appointments and 12 cessations. The latest: Nayan Handa ceased to be Director on 29 Jan 2026.
15 earlier events are in the company report.
News
Frequently asked questions
GR Phagwara Expressway is an active private limited company based in Udaipur, Rajasthan, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 21 September 2016 (10+ years old) and is registered under CIN U45400RJ2016PTC056040.
GR Phagwara Expressway has 3 current directors and KMP:
- Sainath Gorantla - Director
- Harshael Pratap Sawant - Director
- Sunil Chhikara - Ceo
The latest financial statements of GR Phagwara Expressway on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from FY 2017 are in the company report.
The GSTIN of GR Phagwara Expressway is 03AAGCG5388Q1ZY, registered in Punjab.
The CIN (Corporate Identification Number) of GR Phagwara Expressway is U45400RJ2016PTC056040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GR Phagwara Expressway was incorporated on 21 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
GR Phagwara Expressway has 2 deals on record (2 acquisitions); the latest was in February 2024.
The peers of GR Phagwara Expressway by revenue are Kaithal Tollway Limited, Baleshwar Kharagpur Expressway Limited, RKC Infrabuilt (Tarapur-Vasad) Road Project Private Limited, GMR Ambala-Chandigarh Expressways Private Limited, Irb Kota Tollway Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Nayan Handa ceased to be Director on 29 Jan 2026. Rohini Avchar ceased to be Director on 29 Jan 2026. Sunil Chhikara was appointed as CEO on 15 May 2024. GR Phagwara Expressway has 15 board changes on record in total.
GR Phagwara Expressway can be reached through the website grinfra.com. Its registered office is in Udaipur, Rajasthan, India.
The registered office of GR Phagwara Expressway is at Gr House Hiran Magri Sector – 11, Udaipur, Rajasthan, India – 313002.