About Himalyan Expressway Limited
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Himalyan Expressway Limited is a public limited company based in Panchkula, Haryana, India, a subsidiary of Jaiprakash Associates Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 25 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400HR2007PLC036891. Its GSTIN is 06AABCH9338L1Z8 (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹143.09 Cr. It is led by directors including Kailash Chander Batra and Vir Pratap Arora.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Toll Plaza NH – 5 Chandi Mandir, Panchkula, Haryana, India – 134107.
As per the financials filed for FY 2023, the company reported a revenue of ₹62.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -2.1%) and EBITDA of ₹62.33 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹250 Cr and satisfied charges of ₹593 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹143.04 Cr; the latest was in December 2012. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jalindia.com.
Company details
Contact details
Himalyan Expressway Limited's registered office is in Panchkula, Haryana. Its website is jalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressToll Plaza NH – 5 Chandi Mandir, Panchkula, Haryana, India – 134107
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Himalyan Expressway 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
Business activity
The main business activity of Himalyan 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 Himalyan Expressway Limited, buy the company report.
Financials of Himalyan Expressway Limited
FY 2025 filings availableHimalyan Expressway Limited reported revenue of ₹62.47 Cr (up 330% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 330% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹62.47 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹62.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.34 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | -2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Himalyan Expressway Limited, buy the company report.
Board of directors and KMP of Himalyan Expressway Limited
Himalyan Expressway Limited currently reports 3 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Chander Batra Also directs: KCB Consultants LLP | Director | 28 Jan 2009 | 17 Years 8 Months | Current |
| Vir Pratap Arora Also directs: Sangam Power Generation Company Limited | Director | 02 May 2022 | 4 Years 5 Months | Current |
| Sudhir Rana Also directs: RPJ Minerals Private Limited, Sonebhadra Minerals Private Limited | Cfo | 21 Jul 2023 | 3 Years 3 Months | Current |
| Ranvijay Singh Also directs: RPJ Minerals Private Limited, Gujarat Jaypee Cement & Infrastructure Limited., Jaypee Assam Cement Limited and 3 more | Director | 22 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Himalyan Expressway Limited is audited by Do o g a r & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Do o g a r & Associates | FY 2023 | 000561N |
Shareholding
The shareholding of Himalyan Expressway 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 Himalyan Expressway Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2016 | 100104699 | Others | ₹53.3 Cr | Satisfied | |
| 19 Dec 2013 | 10479713 | Idbi Trusteeship Services Limited | ₹50 Cr | Satisfied | |
| 03 May 2011 | 10293452 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied | |
| 26 Feb 2008 | 10092238 | Axis Bank Limited | ₹239.7 Cr | Satisfied |
To see the full charge records of Himalyan Expressway Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Himalyan Expressway Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹143.04 Cr; the latest was in December 2012.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2008 | Funding round | ₹118.04 Cr | Investors: Jaiprakash Associates Limited |
To see the full deal history of Himalyan Expressway 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
Himalyan Expressway Limited has 3 court cases on record: 3 filed by Himalyan Expressway. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Tax appeal | Filed by the company against Commissioner of Income Tax, Aayakar Bhawan, Panchkula | Pending |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against Commissioner of Income Tax Aayakar Bhawan PKL | Pending |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against Commissioner of Income Tax Aayakar Bhawan Panchkula | Pending |
To see the full case history of Himalyan Expressway 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.
MSME payment delays
Himalyan Expressway Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Idbi Trusteeship Services Limited |
To see the full MSME payment records of Himalyan Expressway Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Himalyan Expressway Limited has a workforce of 16 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Himalyan Expressway has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCH9338L1Z8 | Haryana | Active | 01 Jul 2017 |
| 02AABCH9338L1ZG | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Himalyan Expressway Limited, buy the company report.
Recent activity
Himalyan Expressway Limited has 18 board changes on record since 2008: 4 appointments and 14 cessations. The latest: Sudhir Rana was appointed as CFO on 21 Jul 2023.
18 earlier events are in the company report.
Frequently asked questions
Himalyan Expressway is an active public limited company based in Panchkula, Haryana, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 25 May 2007 (19+ years old) and is registered under CIN U45400HR2007PLC036891.
Himalyan Expressway has 4 current directors and KMP:
- Kailash Chander Batra - Director
- Vir Pratap Arora - Director
- Ranvijay Singh - Director
- Sudhir Rana - Cfo
The latest financial statements of Himalyan Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Himalyan Expressway is 06AABCH9338L1Z8, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AABCH9338L1ZG (Himachal Pradesh).
The CIN (Corporate Identification Number) of Himalyan Expressway is U45400HR2007PLC036891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Himalyan Expressway has 3 court cases on record: 3 filed by the company. 3 are pending.
Himalyan Expressway was incorporated on 25 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Himalyan Expressway has 2 deals on record (2 funding rounds), with disclosed funding of ₹143.04 Cr; the latest was in December 2012.
Sudhir Rana was appointed as CFO on 21 Jul 2023. Sudhir Kumar Shukla ceased to be CFO on 16 May 2023. Vir Pratap Arora ceased to be Additional Director on 29 Sep 2022. Himalyan Expressway has 18 board changes on record in total.
Himalyan Expressway has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 Oct 2021.
Himalyan Expressway can be reached through the website jalindia.com. Its registered office is in Panchkula, Haryana, India.