About Highway Roop Industries Limited
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Highway Roop Industries Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 May 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000PB1971PLC003012. Its GSTIN is 03AABCH4072M1ZN (Punjab). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors including Amol Munjal (Whole-Time Director) and Kishore Mukund Saletore.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Phase – VIII Mangli Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,316.48 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹111.79 Cr (net margin 8.5%) and EBITDA of ₹229.43 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 13% over five years.
The company has about 1,620 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Highway Industries. As per MCA filings, the company has open charges of ₹524.25 Cr and satisfied charges of ₹461.04 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in February 2025. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,536 overdue payments to 196 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highwayindustries.com.
Company details
CIN history
Highway Roop Industries has one previous CIN (Corporate Identification Number): L00000PB1971PLC003012. The current CIN is U00000PB1971PLC003012, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00000PB1971PLC003012 | Current |
| L00000PB1971PLC003012 | Previous |
Contact details
Highway Roop Industries Limited's registered office is in Ludhiana, Punjab. Its website is highwayindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPhase – VIII Mangli Focal Point, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Highway Roop Industries 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
Highway Roop Industries operates one associated brand: Highway Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forged and precision machined components are supplied to OEMs. | highwayindustries.com |
Business activity
The main business activity of Highway Roop Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Highway Roop Industries Limited, buy the company report.
Financials of Highway Roop Industries Limited
FY 2024 filings availableHighway Roop Industries Limited reported revenue of ₹1,316.48 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 6% growth in the latest year. EBITDA rose 12% 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 | ₹229.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹111.79 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 | 17.4% | ||||
| Net Profit Margin | 8.5% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Highway Roop Industries Limited, buy the company report.
Board of directors of Highway Roop Industries Limited
Highway Roop Industries has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Munjal Also directs: Highway Roop Precision Technologies Limited, Munjal Credits Limited, Rising Options Investments Private Limited and 1 more | Whole-Time Director | 24 Jul 2010 | 16 Years 3 Months | Current |
| Kishore Mukund Saletore | Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Anandi Iyer Also directs: Highway Roop Precision Technologies Limited, Ip Rings Limited, Roop Auto Forge Private Limited and 1 more | Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Dharmesh Subhash Chandra Arora | Additional Director | 29 Jul 2025 | 1 Years 2 Months | Current |
Auditor
Highway Roop Industries Limited is audited by B D Bansal & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D Bansal & Co | FY 2023 | 000621N |
Shareholding
The shareholding of Highway Roop Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Highway Roop Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2023 | 100796965 | Others | ₹30 Lakh | Open | |
| 08 Dec 2022 | 100657981 | Others | ₹50 Cr | Open | |
| 20 Sep 2022 | 100628482 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 25 Mar 2021 | 100442999 | Others | ₹20 Cr | Open | |
| 25 Mar 2021 | 100438711 | Axis Bank Limited | ₹4.9 Cr | Open |
To see the full charge records of Highway Roop Industries Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Highway Roop Industries Limited has 5 deals on record (5 secondary share transfers); the latest was in February 2025.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: Highway Roop Precision Technologies Limited Seller: U.M. Holding, 3 individuals |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2023 | Secondary share transfer | Undisclosed | Seller: U.M. Holding |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: U.M. Holding, 3 individuals Seller: Ashish Kumar HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Highway Roop Industries Limited has 5 court cases on record: 3 filed by Highway Roop Industries, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Sanjeev Auto Parts Manufacturers Pvt Ltd | Pending |
| High Court of Delhi | Court case (C.A.(COMM.IPD-TM)) | Filed by the company against an individual | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Union of India | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Anr. and 1 other | Disposed |
To see the full case history of Highway Roop Industries 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
Highway Roop Industries Limited was last rated by Crisil on 28 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Feb 2020 |
To see the full credit ratings and regulatory alerts of Highway Roop Industries Limited, buy the company report.
MSME payment delays
Highway Roop Industries Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,536 overdue payments to 196 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 196)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amber Anthony Industries Private Limited | |||
| SCC Transco Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Highway Roop Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Highway Roop Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Munjal Capital Limited | U65910PB2022PLC055414 | |
| Munjal Credits Limited | U65990DL2022PLC392224 |
To see the full group structure of Highway Roop Industries Limited, buy the company report.
Employees & EPFO
Highway Roop Industries Limited has a workforce of 1,620 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Highway Roop Industries has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCH4072M1ZN | Punjab | Active | 01 Jul 2017 |
| 05AABCH4072M1ZJ | Uttarakhand | Active | 08 Feb 2018 |
| 24AABCH4072M1ZJ | Gujarat | Active | 08 Feb 2018 |
| 07AABCH4072M1ZF | Delhi | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Highway Roop Industries Limited, buy the company report.
Recent activity
Highway Roop Industries Limited has 17 board changes on record since 2009: 7 appointments and 10 cessations. The latest: Dharmesh Subhash Chandra Arora was appointed as Additional Director on 29 Jul 2025.
111 earlier events are in the company report.
Frequently asked questions
Highway Roop Industries is an active public limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 20 May 1971 (55+ years old) and is registered under CIN U00000PB1971PLC003012.
Highway Roop Industries has 4 current directors:
- Amol Munjal - Whole-Time Director
- Kishore Mukund Saletore - Director
- Anandi Iyer - Director
- Dharmesh Subhash Chandra Arora - Additional Director
The latest financial statements of Highway Roop Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Highway Roop Industries is 03AABCH4072M1ZN, registered in Punjab. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 05AABCH4072M1ZJ (Uttarakhand), 24AABCH4072M1ZJ (Gujarat), 07AABCH4072M1ZF (Delhi).
The CIN (Corporate Identification Number) of Highway Roop Industries is U00000PB1971PLC003012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highway Roop Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Highway Roop Industries was incorporated on 20 May 1971, making it 55+ years old. It is registered with the Registrar of Companies, Chandigarh.
Highway Roop Industries has 5 deals on record (5 secondary share transfers); the latest was in February 2025.
Dharmesh Subhash Chandra Arora was appointed as Additional Director on 29 Jul 2025. Anandi Iyer was appointed as Director on 13 Feb 2025. Ankur Munjal ceased to be Whole-Time Director on 13 Feb 2025. Highway Roop Industries has 17 board changes on record in total.
Highway Roop Industries has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,536 overdue payments to 196 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Highway Roop Industries can be reached through the website highwayindustries.com. Its registered office is in Ludhiana, Punjab, India.