
About Hindustan Colas Private Limited
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Hindustan Colas Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 17 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH1995PTC090671. Its GSTIN is 27AAACH1172P1ZD (Maharashtra). The company holds 25 GST registrations, of which 24 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹9.45 Cr. It was formerly known as Hindustan Colas Limited. It is led by directors including Rajneesh Narang and Chaiwat Srivalwat.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hincol House B – 601 6th Floor Marathon Futurex N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,836.81 Cr. For the same year it recorded a net profit of ₹177.22 Cr (net margin 9.6%) and EBITDA of ₹249.39 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 278 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hindustan Colas. As per MCA filings, the company has open charges of ₹10.5 Cr and satisfied charges of ₹22.18 Cr on record. Court records list 70 cases involving the company, including 32 filed by the company and 38 filed against it; 8 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 hincol.com.
Company details
CIN history
Hindustan Colas has one previous CIN (Corporate Identification Number): U23200MH1995PLC090671. The current CIN is U23200MH1995PTC090671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23200MH1995PTC090671 | Current |
| U23200MH1995PLC090671 | Previous |
Contact details
Hindustan Colas Private Limited's registered office is in Mumbai, Maharashtra. Its website is hincol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHincol House B – 601 6th Floor Marathon Futurex N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Hindustan Colas Private 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
Hindustan Colas operates one associated brand: Hindustan Colas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality bitumen emulsions for industrial applications. | hincol.in |
Business activity
The main business activities of Hindustan Colas are manufacturing and construction. In detail, this covers coke and refined petroleum products and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Hindustan Colas Private Limited, buy the company report.
Financials of Hindustan Colas Private Limited
FY 2025 filings availableHindustan Colas Private Limited reported revenue of ₹1,836.81 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,836.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹249.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹177.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hindustan Colas Private Limited, buy the company report.
Board of directors of Hindustan Colas Private Limited
Hindustan Colas has 8 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajneesh Narang | Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Chaiwat Srivalwat | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Frederic Jacques Maurice Roussel | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Sanjay Mathur | Additional Director | 12 Aug 2025 | 1 Years 2 Months | Current |
| Debashis Chakraverty Also directs: Dust-A-Side Hincol Limited | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Libu Verghese Mathew | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Hindustan Colas Private Limited is audited by R. Devendra Kumar & Associate for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Devendra Kumar & Associate | FY 2025 | 114207W |
Shareholding
The shareholding of Hindustan Colas Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hindustan Colas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2021 | 100519298 | Others | ₹7.5 Cr | Open | |
| 20 Jan 2021 | 100406949 | Standard Chartered Bank | ₹3 Cr | Open | |
| 18 Apr 2017 | 100097037 | Others | ₹11 Cr | Satisfied | |
| 07 Feb 2015 | 10550400 | Corporation Bank | ₹14.32 Lakh | Satisfied | |
| 08 Dec 2014 | 10540042 | Corporation Bank | ₹3.59 Lakh | Satisfied |
To see the full charge records of Hindustan Colas Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Hindustan Colas Private Limited has 70 court cases on record: 32 filed by Hindustan Colas, 38 filed against it. 8 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 17 | 6 |
| District courts | 24 | 21 | 1 |
| NCLT | 2 | 0 | 1 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMEX) | Filed by the company against Tarmat Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Tarmat Limited | Pending |
| District court, Chandigarh | Arbitration matter | Filed against the company by M/S Tarmat Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Ahmedabad Ring Road Infrastructure Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against DSC Engineering Pvt Ltd | Disposed |
To see the full case history of Hindustan Colas 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.
MSME payment delays
Hindustan Colas Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 122 overdue payments to 42 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 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bijli Construction | |||
| Assam Bulk Carrier | |||
| Ruchita Hospitality Services | |||
| an individual supplier | |||
| Vanguards Security Services & System |
To see the full MSME payment records of Hindustan Colas Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hindustan Colas has 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Hindustan Colas Private Limited has a workforce of 278 employees on its EPFO records as of Dec 17, 2025, across 1 active EPFO establishment.
GST
Hindustan Colas has 25 GST registrations: 24 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1172P1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAACH1172P2ZC | Maharashtra | Active | 21 Jul 2017 |
| 02AAACH1172P1ZP | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACH1172P1ZN | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hindustan Colas Private Limited, buy the company report.
Recent activity
Hindustan Colas Private Limited has 61 board changes on record since 1995: 34 appointments and 27 cessations. The latest: Sanjay Mathur was appointed as Additional Director on 12 Aug 2025.
68 earlier events are in the company report.
Frequently asked questions
Hindustan Colas is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 17 July 1995 (31+ years old) and is registered under CIN U23200MH1995PTC090671.
Hindustan Colas has 8 current directors:
- Rajneesh Narang - Director
- Chaiwat Srivalwat - Director
- Frederic Jacques Maurice Roussel - Director
- Sanjay Mathur - Additional Director
- Debashis Chakraverty - Director
- Libu Verghese Mathew - Director
- Pierre Vanstoflegatte - Director
- Christophe Bernard Voy - Director
The latest financial statements of Hindustan Colas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindustan Colas is 27AAACH1172P1ZD, registered in Maharashtra. The company has 25 GST registrations in all, of which 24 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACH1172P2ZC (Maharashtra), 02AAACH1172P1ZP (Himachal Pradesh), 03AAACH1172P1ZN (Punjab).
The CIN (Corporate Identification Number) of Hindustan Colas is U23200MH1995PTC090671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindustan Colas has 70 court cases on record: 32 filed by the company and 38 filed against it. 8 are pending. Most are in the high courts.
Hindustan Colas was incorporated on 17 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjay Mathur was appointed as Additional Director on 12 Aug 2025. Libu Verghese Mathew was appointed as Director on 19 Sep 2024. Debashis Chakraverty was appointed as Director on 01 Sep 2024. Hindustan Colas has 61 board changes on record in total.
Hindustan Colas has 14 MSME Form 1 returns on record between 2019 and 2024, listing 122 overdue payments to 42 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Hindustan Colas can be reached through the website hincol.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hindustan Colas is at Hincol House B – 601 6th Floor Marathon Futurex N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

