MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0002488
Gwalior Pathways Private Limited
Gwalior Pathways Private Limited - infrastructure and utilities in Mhow, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.34 Cr
▲ 7% YoY
Net profit · FY 2025
₹1.79 Cr
Net margin 8.8%
EBITDA · FY 2025
₹17.12 Cr
EBITDA margin 84.2%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹693.68 Cr
Satisfied ₹29.8 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
78
Provident fund records
About Gwalior Pathways Private Limited
Data last updated:
Gwalior Pathways Private Limited is a private limited company based in Mhow, Madhya Pradesh, India, a subsidiary of Prakash Asphaltings And Toll Highways (India) Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 26 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45309MP2017PTC043407. Its GSTIN is 23AAGCG8561P1Z1 (Madhya Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors Saksham Agrawal and Nipun Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 76 Mall Road Mhow, Madhya Pradesh, India – 453441.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.34 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 8.8%) and EBITDA of ₹17.12 Cr (EBITDA margin 84.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹693.68 Cr and satisfied charges of ₹29.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in October 2018. Its 9 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 5 smaller; the largest is Savla Dwarka Okha Road Project Private Limited with revenue of ₹20.71 Cr.
Gwalior Pathways Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0002488). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45309MP2017PTC043407
Registration Number 043407
Incorporation Date 26 May 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prakash Asphaltings And Toll Highways (India) Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0002488
Recognitions & Rankings of Gwalior Pathways
Contact details
Gwalior Pathways Private Limited's registered office is in Mhow, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address76 Mall Road Mhow, Madhya Pradesh, India – 453441
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Gwalior Pathways Private Limited, buy the company report.
Comprehensive company report
Gwalior Pathways 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Gwalior Pathways 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 Gwalior Pathways Private Limited, buy the company report.
Financials of Gwalior Pathways Private Limited
FY 2025 filings availableGwalior Pathways Private Limited reported revenue of ₹20.34 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹20.34 Cr ▲ 7%
Net profit · FY 2025
₹1.79 Cr margin 8.8%
EBITDA · FY 2025
₹17.12 Cr margin 84.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 7% growth in the latest year. EBITDA rose 8% 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 | ₹17.12 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.79 Cr | ||||
| Balance Sheet | |||||
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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 | 84.2% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gwalior Pathways Private Limited, buy the company report.
Board of directors and KMP of Gwalior Pathways Private Limited
Gwalior Pathways Private Limited currently reports 2 directors and 3 key managerial personnel. 7 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saksham Agrawal Also directs: Path Infrabulls Limited Liability Partnership, Path Engineering India Private Limited, Vu-Dynamics Private Limited and 5 more | Director | 26 May 2017 | 9 Years 4 Months | Current |
| Nitin Barua Also directs: Shripati Wayside Amenities Private Limited | Cfo | 07 Aug 2018 | 8 Years 2 Months | Current |
| Rishika Agrawal | Ceo | 07 Aug 2018 | 8 Years 2 Months | Current |
| Nipun Agrawal Also directs: Path Infrabulls Limited Liability Partnership, Path Engineering India Private Limited, Vu-Dynamics Private Limited and 5 more | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
| Nidhi Joshi | Company Secretary | 28 Sep 2024 | 2 Years 0 Months | Current |
Peer comparison
Gwalior Pathways Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Savla Dwarka Okha Road Project Private Limited | ₹20.71 Cr (FY 2024) | -3.0% | Ahmedabad, Gujarat, India | |||
| Mra Infra Venture Private Limited | ₹20.64 Cr (FY 2025) | 32.0% | Batala, Punjab, India | |||
| Samrat Buildtech (India) Private Limited | ₹20.39 Cr (FY 2024) | 95.0% | Murliganj, Bihar, India | |||
| Rambrat Sharma Electric Works Private Limited | ₹20.36 Cr (FY 2025) | 107.0% | Jehanabad, Bihar, India | |||
| Gwalior Pathways Private Limitedthis company | ₹20.34 Cr (FY 2025) | ₹1.79 Cr | 8.8% | 7.0% | 78 | Mhow, Madhya Pradesh, India |
| Kailash Construction Company Private Limited | ₹20.22 Cr (FY 2025) | 9.0% | Bareilly, Uttar Pradesh, India | |||
| Sree Constructions Private Limited | ₹20.22 Cr (FY 2024) | 22.0% | Kavali, Andhra Pradesh, India | |||
| MGG Infra Projects Private Limited | ₹20.04 Cr (FY 2025) | 16.0% | Ajmer, Rajasthan, India | |||
| MSP Infracon Private Limited | ₹19.95 Cr (FY 2025) | -67.0% | Bhubaneswar, Odisha, India | |||
| DBL Mundargi Harapanahalli Tollways Private Limited | ₹19.89 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gwalior Pathways Private Limited, buy the company report.
Auditor
Gwalior Pathways Private Limited is audited by A P GARG & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P GARG & CO | FY 2023 | 002143C |
Shareholding
The shareholding of Gwalior Pathways 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 Gwalior Pathways Private Limited, buy the company report.
Charges & borrowings
Open charges
₹693.68 Cr
Satisfied charges
₹29.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2024 | 101028683 | Others | ₹608.68 Cr | Open | |
| 26 Dec 2023 | 100834482 | State Bank of India | ₹85 Cr | Open | |
| 02 Jul 2020 | 100380750 | State Bank of India | ₹4.8 Cr | Satisfied | |
| 24 Oct 2018 | 100212247 | State Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Gwalior Pathways Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Gwalior Pathways Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in October 2018.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹19.99 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Prakash Asphaltings and Toll Highways (India) Limited Seller: Agra-Gwalior Pathways Private Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Prakash Asphaltings and Toll Highways (India) Limited Seller: Agra-Gwalior Pathways Private Limited |
| Apr 2018 | Funding round | ₹10 Cr | Investors: Agra-Gwalior Pathways Private Limited , Borkhedi-Wardner Pathways Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Prakash Asphaltings and Toll Highways (India) Limited Seller: Borkhedi-Wardner Pathways Private Limited |
| Mar 2018 | Funding round | ₹9.99 Cr | Investors: Agra-Gwalior Pathways Private Limited , Borkhedi-Wardner Pathways Private Limited |
To see the full deal history of Gwalior Pathways 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
Gwalior Pathways Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kinnaur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Disposed |
To see the full case history of Gwalior Pathways 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
Gwalior Pathways Private Limited was last rated by Care on 08 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Jul 2026 |
To see the full credit ratings and regulatory alerts of Gwalior Pathways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gwalior Pathways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gwalior Pathways Private Limited has a workforce of 78 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
14.71%
GST
Gwalior Pathways has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCG8561P1Z1 | Madhya Pradesh | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Gwalior Pathways Private Limited, buy the company report.
Recent activity
Gwalior Pathways Private Limited has 15 board changes on record since 2017: 10 appointments and 5 cessations. The latest: Nidhi Joshi was appointed as Company Secretary on 28 Sep 2024.
AGM
Gwalior Pathways Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gwalior Pathways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 608.68 Cr with Charge ID 101028683 was registered on 11 Dec 2024.
Appointed
Nidhi Joshi was appointed as Company Secretary.
Ceased
Narayan Barua ceased to be Director.
Ceased
Priyanka Patil ceased to be Company Secretary.
Charges
A charge with State Bank Of India amounted to Rs. 85.00 Cr with Charge ID 100834482 was registered on 26 Dec 2023.
Charges
A charge registered on 02 Jul 2020 via Charge ID 100380750 with State Bank Of India was fully satisfied on 13 Jul 2023.
Charges
A charge registered on 24 Oct 2018 via Charge ID 100212247 with State Bank Of India was fully satisfied on 13 Jul 2023.
Ceased
Sanjay Modi ceased to be Director.
Ceased
Vikram Mewara ceased to be Director.
Appointed
Priyanka Patil was appointed as Company Secretary.
12 earlier events are in the company report.
Frequently asked questions
Gwalior Pathways is an active private limited company based in Mhow, Madhya Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 26 May 2017 (9+ years old) and is registered under CIN U45309MP2017PTC043407.
Gwalior Pathways has 5 current directors and KMP:
- Saksham Agrawal - Director
- Nipun Agrawal - Director
- Nitin Barua - Cfo
- Rishika Agrawal - Ceo
- Nidhi Joshi - Company Secretary
The latest financial statements of Gwalior Pathways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gwalior Pathways is 23AAGCG8561P1Z1, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Gwalior Pathways is U45309MP2017PTC043407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gwalior Pathways has 1 court case on record: 1 filed against it.
Gwalior Pathways was incorporated on 26 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Gwalior Pathways has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in October 2018.
The peers of Gwalior Pathways by revenue are Savla Dwarka Okha Road Project Private Limited, Mra Infra Venture Private Limited, Samrat Buildtech (India) Private Limited, Rambrat Sharma Electric Works Private Limited, Kailash Construction Company Private Limited and 4 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Nidhi Joshi was appointed as Company Secretary on 28 Sep 2024. Narayan Barua ceased to be Director on 25 Jun 2024. Priyanka Patil ceased to be Company Secretary on 25 Jun 2024. Gwalior Pathways has 15 board changes on record in total.
Yes, Gwalior Pathways is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0002488).