
About Highway Infrastructure Limited
Data last updated:
Highway Infrastructure Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45203MP2006PLC018398. Its GSTIN is 23AABCH6631A1Z9 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹35.86 Cr. It was formerly known as Highway Infrastructure Private Limited. It is led by directors including Arun Kumar Jain (Managing Director) and Anoop Agrawal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 57 – Fa Scheme No. 94 Pipliyahana Junction Ring Road, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2025, the company reported a revenue of ₹504.48 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹22.4 Cr (net margin 4.4%) and EBITDA of ₹40.08 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 38% over five years.
The company has about 312 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Highway Infrastructure. As per MCA filings, the company has open charges of ₹197.97 Cr and satisfied charges of ₹76.43 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 2 filed against it; 2 cases are pending. The company has 17 deals on record (11 secondary share transfers, 4 funding rounds, 1 ipo), with disclosed funding of ₹2.01 Cr; the latest was in August 2025. Its 10 peer companies in the same principal business activity (Roads, railways, Utility projects) are compared by revenue, 5 larger and 5 smaller; the largest is Samakhiyali Tollway Private Limited with revenue of ₹513 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 highwayinfrastructure.in.
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- TelephoneLocked
- Website
- Social Media
- Registered Address57 – Fa Scheme No. 94 Pipliyahana Junction Ring Road, Indore, Madhya Pradesh, India – 452016
- 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
- One PDF report, delivered after checkout
Business Activity of Highway Infrastructure Limited
The main business activities of Highway Infrastructure are construction and real estate. In detail, this covers roads, railways, utility projects and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Highway Infrastructure Limited FY 2025 filings available
Highway Infrastructure Limited reported revenue of ₹504.48 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Highway Infrastructure Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 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 of Highway Infrastructure Limited
| 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 | ₹40.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.4 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Highway Infrastructure Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Highway Infrastructure are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Highway Infrastructure Limited
Highway Infrastructure Limited is compared with the companies closest to it by revenue in the same principal business activity (Roads, railways, Utility projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samakhiyali Tollway Private Limited | ₹513 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| KNR Ramanattukara Infra Private Limited | ₹511.76 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Hyderabad, Telangana, India |
| Gawar Kim Expressway Private Limited | ₹510.1 Cr (FY 2025) | •••• | •••• | 441.0% | •••• | Hisar, Haryana, India |
| Kevadiya Construction Limited | ₹506.49 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Gandhinagar, Gujarat, India |
| Shelke Constructions Private Limited | ₹505.11 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Highway Infrastructure Limited this company | ₹504.48 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Indore, Madhya Pradesh, India |
| Rajinder Infrastructure Private Limited | ₹504.24 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Chandigarh, India |
| Patel Cholopuram-Thanjavur Highway Private Limited | ₹503.77 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Ahmedabad, Gujarat, India |
| KCPL Spur Haridwar Highway Private Limited | ₹502.63 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Meerut, Uttar Pradesh, India |
| Dineshchandra Trans-Eastern Highways Private Limited | ₹502.31 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| NRP Projects Private Limited | ₹500.08 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Highway Infrastructure by revenue in the same principal business activity (Roads, railways, Utility projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Highway Infrastructure Limited
Highway Infrastructure Limited is audited by ANIL KAMAL GARG & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL KAMAL GARG & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Highway Infrastructure Limited
Highway Infrastructure has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Agrawal | Whole-Time Director | 10 Feb 2006 | 20 Years 8 Months | Current |
| Arun Kumar Jain | Managing Director | 10 Feb 2006 | 20 Years 8 Months | Current |
| Vinayak Parkhi | Director | 06 Nov 2025 | 0 Years 11 Months | Current |
| Ritika Agrawal | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Ujjwal Kumar Ghosh | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Riddharth Jain | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Highway Infrastructure Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Highway Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2025 | Hdfc Bank Limited | ₹68 Lakh | Open |
| 01 Dec 2025 | Hdfc Bank Limited | ₹32 Lakh | Open |
| 07 Nov 2025 | Hdfc Bank Limited | ₹44 Lakh | Open |
| 29 Sep 2025 | Indian Overseas Bank | ₹21 Lakh | Open |
| 20 Jun 2025 | Hdfc Bank Limited | ₹1.45 Cr | Open |
Total charge records: 76 View all charges
Deals & Funding of Highway Infrastructure Limited
Highway Infrastructure Limited has 17 deals on record (11 secondary share transfers, 4 funding rounds, 1 ipo), with disclosed funding of ₹2.01 Cr; the latest was in August 2025.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | Market trade | ₹4.26 Cr | Buyer: Mansi Share and Stock Broking Private Limited |
| Aug 2025 | IPO | ₹130 Cr | Investors: Abans Finance Private Limited , HDFC Bank Limited Seller: 2 individuals |
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Deepak Kumar Agrawal HUF |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Highway Infrastructure Limited
Highway Infrastructure Limited has 13 court cases on record: 8 filed by Highway Infrastructure, 2 filed against it, 3 where it is another party. 2 cases are pending and 11 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
| District courts | 5 | 2 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Company is another party | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Company is another party | Pending |
| Gauhati High Court | Interim or miscellaneous application | Filed by the company against State of Assam and 4 Ors | Disposed |
| Gauhati High Court | Writ petition | Filed by the company against State of Assam and 4 Ors | Disposed |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by State | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Highway Infrastructure Limited
Highway Infrastructure operates one associated brand: Highway Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure projects for roads, highways, and bridges are delivered. | highwayinfrastructure.in |
Employees and EPFO Compliance at Highway Infrastructure Limited
Highway Infrastructure Limited has a workforce of 312 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Highway Infrastructure Limited
Highway Infrastructure has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Highway & Tandon Tollways Private Limited | U45309MP2019PTC048427 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Highway Infrastructure Limited
Highway Infrastructure has one previous CIN (Corporate Identification Number): U45203MP2006PTC018398. The current CIN is U45203MP2006PLC018398, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MP2006PLC018398 | Current |
| U45203MP2006PTC018398 | Previous |
News related to Highway Infrastructure Limited
Recent Activity on Highway Infrastructure Limited
Highway Infrastructure Limited has 17 board changes on record since 2006: 11 appointments and 6 cessations. The latest: Vinayak Parkhi was appointed as Director on 06 Nov 2025.
151 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Highway Infrastructure Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Highway Infrastructure Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Highway Infrastructure Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Highway Infrastructure Limited
Highway Infrastructure has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCH6631A1Z9 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AABCH6631A1Z7 | Gujarat | Active | 02 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Highway Infrastructure Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Highway Infrastructure Limited
Highway Infrastructure is an active public limited company based in Indore, Madhya Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U45203MP2006PLC018398.
Highway Infrastructure reported revenue of ₹504.48 Cr for FY 2025 (down 13% YoY).
Highway Infrastructure has 6 current directors:
- Arun Kumar Jain - Managing Director
- Anoop Agrawal - Whole-Time Director
- Vinayak Parkhi - Director
- Ritika Agrawal - Director
- Ujjwal Kumar Ghosh - Director
- Riddharth Jain - Director
Highway Infrastructure reported a net profit of ₹22.4 Cr (net margin 4.4%) and EBITDA of ₹40.08 Cr (EBITDA margin 7.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Highway Infrastructure is 20% over three years and 38% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Highway Infrastructure is 23AABCH6631A1Z9, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCH6631A1Z7 (Gujarat).
The CIN (Corporate Identification Number) of Highway Infrastructure is U45203MP2006PLC018398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highway Infrastructure has 13 court cases on record: 8 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Highway Infrastructure was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
Highway Infrastructure has 17 deals on record (11 secondary share transfers, 4 funding rounds, 1 ipo), with disclosed funding of ₹2.01 Cr; the latest was in August 2025.
The peers of Highway Infrastructure by revenue are Samakhiyali Tollway Private Limited, KNR Ramanattukara Infra Private Limited, Gawar Kim Expressway Private Limited, Kevadiya Construction Limited, Shelke Constructions Private Limited and 5 more, all in the same principal business activity (Roads, railways, Utility projects).