Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects Limited - infrastructure and utilities in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U29248AP2001PLC037005 Incorporated 11 July 2001 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2020
₹439.29 Cr
▼ 32% YoY
Net profit · FY 2020
₹8.02 Cr
Net margin 1.8%
EBITDA · FY 2020
₹28.4 Cr
EBITDA margin 6.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.6 Cr
Issued & subscribed
Open charges
₹344.68 Cr
Satisfied ₹143.16 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
43
Provident fund records

About Haigreeva Infratech Projects Limited

Data last updated:

Haigreeva Infratech Projects Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 July 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29248AP2001PLC037005. Its GSTIN is 37AABCH3275Q1Z1 (Andhra Pradesh). The company holds 10 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.6 Cr. It was formerly known as Haigreeva Engineering Company Limited. It is led by directors including Jagadeeswarudu Chilukuri (Managing Director) and Radha Rani Chilukuri.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mig – 28&29 Swethavahana Residency Ground Floor Sector – 1 Mvp Colony, Visakhapatnam, Andhra Pradesh, India – 530017.

As per the financials filed for FY 2020, the company reported a revenue of ₹439.29 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹8.02 Cr (net margin 1.8%) and EBITDA of ₹28.4 Cr (EBITDA margin 6.5%).

The company has about 43 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹344.68 Cr and satisfied charges of ₹143.16 Cr on record. Court records list 110 cases involving the company, including 33 filed by the company and 63 filed against it; 34 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haigreeva.com.

Company Details of Haigreeva Infratech Projects Limited
CIN U29248AP2001PLC037005
Registration Number 037005
Incorporation Date 11 July 2001
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Mig – 28&29 Swethavahana Residency Ground Floor Sector – 1 Mvp Colony, Visakhapatnam, Andhra Pradesh, India – 530017
  • Industry
    Infrastructure and Utilities, General Construction Services
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Financials, compliance, directors, charges, ownership and filings for Haigreeva Infratech Projects Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Haigreeva Infratech Projects Limited FY 2020 filings available

Haigreeva Infratech Projects Limited reported revenue of ₹439.29 Cr (down 32% YoY) for FY 2020.

Revenue · FY 2020
₹439.29 Cr ▼ 32%
Net profit · FY 2020
₹8.02 Cr margin 1.8%
EBITDA · FY 2020
₹28.4 Cr margin 6.5%

Compounded Annual Growth Rate (CAGR) of Haigreeva Infratech Projects Limited

Revenue CAGR growth
1 year
▼ 32%
EBITDA CAGR growth
1 year
▼ 47%

Revenue fell 32% in the latest year. EBITDA fell 47% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Haigreeva Infratech Projects Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹439.29 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹28.4 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹8.02 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 of Haigreeva Infratech Projects Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin6.5%••••••••••••••••
Net Profit Margin1.8%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Haigreeva Infratech Projects are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects Limited is audited by P.RAVINDRA V A R M A CHARTERED ACCOUNTANTS for the financial year 2020.

NameStatusAppointment DateCessation Date
P.RAVINDRA V A R M A CHARTERED ACCOUNTANTSLockedLockedLocked
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Board of Directors of Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkateswarudu KandraAdditional Director25 Oct 20241 Years 11 MonthsCurrent
Jagadeeswarudu ChilukuriManaging Director11 Jul 200125 Years 2 MonthsCurrent
Radha Rani ChilukuriDirector11 Jul 200125 Years 2 MonthsCurrent

Ownership and Shareholding of Haigreeva Infratech Projects Limited

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Shareholding and ownership data

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Charges & Borrowings of Haigreeva Infratech Projects Limited

Open charges
₹344.68 Cr
Satisfied charges
₹143.16 Cr
Breakdown by lending institutions
Others₹263.97 Cr
Axis Bank Limited₹75.32 Cr
Andhra Pradesh State Financial Corporation₹5.00 Cr
Ing Vysya Bank Limited₹0.39 Cr
Latest charge details
DateLenderAmountStatus
08 Sep 2020Others₹3.68 CrOpen
07 May 2020Others₹6.65 CrOpen
03 Mar 2018Others₹30 CrOpen
22 May 2017Others₹1.08 CrOpen
15 Mar 2017Others₹6.23 LakhOpen

Total charge records: 29 View all charges

Employees and EPFO Compliance at Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects Limited has a workforce of 43 employees as of Apr 04, 2024.

Employee count
43
Active EPFO establishments
4
Employee growth
-72.96%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Ajax Infra Private LimitedU70102TG2008PTC057798Locked

Showing major subsidiaries. Total: 1.

CIN History of Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects has one previous CIN (Corporate Identification Number): L29248AP2001PLC037005. The current CIN is U29248AP2001PLC037005, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29248AP2001PLC037005Current
L29248AP2001PLC037005Previous

Recent Activity on Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects Limited has 13 board changes on record since 2001: 3 appointments and 10 cessations. The latest: Ravi Kiran Babu Bade ceased to be Director on 25 Oct 2024.

Ceased
Ravi Kiran Babu Bade ceased to be Director.
Appointed
Venkateswarudu Kandra was appointed as Additional Director.
Ceased
Bangalore Narayana Srinivas Murthy ceased to be Additional Director.
Ceased
Venkateswara Rao Maganti ceased to be Director.
Ceased
Guntupalli Sharath Babu ceased to be Additional Director.
AGM
Haigreeva Infratech Projects Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.68 Cr with Charge ID 100373360 was registered on 08 Sep 2020.
Charges
A charge with Others amounted to Rs. 6.65 Cr with Charge ID 100373727 was registered on 07 May 2020.
Filing
Haigreeva Infratech Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.
Ceased
Adit Arora ceased to be Company Secretary.
Charges
A charge with Others of Rs. 170.00 Cr registered on 07 Jan 2010 with Charge ID 10195126 was modified on 30 Oct 2019.
Ceased
Indra Kumar Chitturi ceased to be Director.

52 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Haigreeva Infratech Projects Limited

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MSME Payment Delays by Haigreeva Infratech Projects Limited

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Subsidiaries & Group Companies of Haigreeva Infratech Projects Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects has 10 GST registrations: 3 active and 7 cancelled or inactive.

Total GSTINs
10
Active
3
Cancelled / inactive
7
GSTINStateStatusRegistered on
37AABCH3275Q1Z1Andhra PradeshActive01 Jul 2017
21AABCH3275Q1ZEOdishaActive01 Jul 2017
29AABCH3275Q1ZYKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Haigreeva Infratech Projects Limited

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MCA filings and documents

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Frequently Asked Questions about Haigreeva Infratech Projects Limited

Haigreeva Infratech Projects is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 July 2001 (25+ years old) and is registered under CIN U29248AP2001PLC037005.

Haigreeva Infratech Projects reported revenue of ₹439.29 Cr for FY 2020 (down 32% YoY).

Haigreeva Infratech Projects has 3 current directors:

Haigreeva Infratech Projects reported a net profit of ₹8.02 Cr (net margin 1.8%) and EBITDA of ₹28.4 Cr (EBITDA margin 6.5%) for FY 2020, as per its filed financial statements.

The GSTIN of Haigreeva Infratech Projects is 37AABCH3275Q1Z1, registered in Andhra Pradesh. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 21AABCH3275Q1ZE (Odisha), 29AABCH3275Q1ZY (Karnataka).

The CIN (Corporate Identification Number) of Haigreeva Infratech Projects is U29248AP2001PLC037005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Haigreeva Infratech Projects has 110 court cases on record: 33 filed by the company and 63 filed against it. 34 are pending. Most are in the district courts.

Haigreeva Infratech Projects was incorporated on 11 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Vijayawada.

Ravi Kiran Babu Bade ceased to be Director on 25 Oct 2024. Venkateswarudu Kandra was appointed as Additional Director on 25 Oct 2024. Bangalore Narayana Srinivas Murthy ceased to be Additional Director on 09 May 2024. Haigreeva Infratech Projects has 13 board changes on record in total.

Haigreeva Infratech Projects can be reached through the website haigreeva.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

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