MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-01-0006177
Indo-Bhutan Construction Solutions Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹28.01 Cr
▼ 30% YoY
Net profit · FY 2023
₹19.63 Cr
Net margin 70.1%
EBITDA · FY 2023
₹19.85 Cr
EBITDA margin 70.9%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹16.83 Cr
Issued & subscribed
Satisfied charges
₹71.31 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
43
Provident fund records
About Indo-Bhutan Construction Solutions Private Limited
Data last updated:
Indo-Bhutan Construction Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 22 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26931DL2012PTC245184. Its GSTIN is 06AADCI0916M1ZL (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.83 Cr. It is led by directors including Vijaylaxmi Gopal Agarwal and Prabhav Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No. 131 – B F.F.Part Of Prop No. VII/3965 Basti Bhullar Ajmeri Gate New Delhi – 11, 0006, Delhi, India – 110006.
As per the financials filed for FY 2023, the company reported a revenue of ₹28.01 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹19.63 Cr (net margin 70.1%) and EBITDA of ₹19.85 Cr (EBITDA margin 70.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 84% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹71.31 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.82 Cr; the latest was in March 2020. Its 10 peer companies in the Manufacturing industry (Cement and Cement Products) are compared by revenue, 5 larger and 5 smaller; the largest is SV Concrete Products Private Limited with revenue of ₹28.35 Cr.
Indo-Bhutan Construction Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0006177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indobhutan.in.
Company Details of Indo-Bhutan Construction Solutions Private Limited
CIN U26931DL2012PTC245184
Registration Number 245184
Incorporation Date 22 November 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-01-0006177
Key People
Prabhav Agarwal Additional Director Vijaylaxmi Gopal Agarwal Director Vinod Mittal Additional Director Recognitions & Rankings of Indo-Bhutan Construction Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No. 131 – B F.F.Part Of Prop No. VII/3965 Basti Bhullar Ajmeri Gate New Delhi – 11, 0006, Delhi, India – 110006
- IndustryManufacturing, Cement & Cement Products
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Business Activity of Indo-Bhutan Construction Solutions Private Limited
The main business activity of Indo-Bhutan Construction Solutions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Indo-Bhutan Construction Solutions Private Limited FY 2023 filings available
Indo-Bhutan Construction Solutions Private Limited reported revenue of ₹28.01 Cr (down 30% YoY) for FY 2023.
Revenue · FY 2023
₹28.01 Cr ▼ 30%
Net profit · FY 2023
₹19.63 Cr margin 70.1%
EBITDA · FY 2023
₹19.85 Cr margin 70.9%
Compounded Annual Growth Rate (CAGR) of Indo-Bhutan Construction Solutions Private Limited
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 18%
5 years · compounded
▲ 84%
EBITDA CAGR growth
1 year
▲ 200%
3 years · compounded
▲ 99%
5 years · compounded
▲ 80%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA rose 200% 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 Indo-Bhutan Construction Solutions Private Limited
| 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 | ₹28.01 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.63 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 Indo-Bhutan Construction Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 70.1% | •••• | •••• | •••• | •••• |
| 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 Indo-Bhutan Construction Solutions 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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Board of Directors of Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhav Agarwal Also directs: Simplex Alloys Private Limited, Millenium Marbles Private Limited, Sidhidaatri Marketing Private Limited and 1 more | Additional Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Vijaylaxmi Gopal Agarwal Also directs: Matra Homeland Private Limited | Director | 31 May 2022 | 4 Years 4 Months | Current |
| Vinod Mittal Also directs: One Prastha Realty LLP, Brij Infra Projects LLP, Semri Projects Private Limited and 5 more | Additional Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SV Concrete Products Private Limited | ₹28.35 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Ratna Cements (Yadwad) Limited | ₹28.26 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Belgaum, Karnataka, India |
| Avi Cement Limited | ₹28.16 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Innovation House Industries Private Limited | ₹28.1 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Amravati, Maharashtra, India |
| Jju Concrete Private Limited | ₹28.05 Cr (FY 2025) | •••• | •••• | 312.0% | •••• | Kolkata, West Bengal, India |
| Indo-Bhutan Construction Solutions Private Limited this company | ₹28.01 Cr (FY 2023) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Adyam Energy Solutions Private Limited | ₹27.55 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Buldhana, Maharashtra, India |
| FTC Concrete Private Limited | ₹27.46 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Innovative Infrastructure Private Limited | ₹27.44 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| Innoven Infracon Private Limited | ₹27.36 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Dirk India Private Limited | ₹27.02 Cr (FY 2022) | •••• | •••• | 59.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indo-Bhutan Construction Solutions by revenue in the Manufacturing industry (Cement and Cement Products), 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 Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited is audited by VIJAY RAJ & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAY RAJ & CO. | Locked | Locked | Locked |
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Ownership and Shareholding of Indo-Bhutan Construction Solutions Private Limited
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Charges & Borrowings of Indo-Bhutan Construction Solutions Private Limited
Open charges
None
Satisfied charges
₹71.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2019 | Yes Bank Limited | ₹15.45 Cr | Satisfied |
| 28 Mar 2016 | Others | ₹28.49 Cr | Satisfied |
| 13 Oct 2015 | Bank of Baroda | ₹6.65 Lakh | Satisfied |
| 13 Oct 2015 | Bank of Baroda | ₹49,300 | Satisfied |
| 03 Jan 2014 | Bank of Baroda | ₹27.3 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.82 Cr; the latest was in March 2020.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹16.82 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹4.83 Cr | Investors: Century Buildhome Private Limited , GSCR Electronics Private Limited , Zenith Buildwell Private Limited |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Rajendra Oil Mills Pvt Ltd , an individual Seller: 2 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Rajendra Oil Mills Pvt Ltd , 3 individuals Seller: 4 individuals |
| Aug 2013 | Funding round | ₹11.99 Cr | Investors: S N Ayra Global Ventures Private Limited , Century Buildhome Private Limited , Sidhidaatri Marketing Private Limited |
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Legal Cases of Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited has 5 court cases on record: 2 filed by Indo-Bhutan Construction Solutions, 3 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Ofb Tech Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against The Bank of Baroda Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Ofb Tech Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Karur Vysya Bank Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Wig Brothers Construction Private Limited | Disposed |
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Employees and EPFO Compliance at Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited has a workforce of 43 employees as of Oct 11, 2025.
Employee count
43
Active EPFO establishments
1
Employee growth
-10.42%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Somesh Mittal ceased to be Additional Director on 31 May 2022.
AGM
Indo-Bhutan Construction Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Indo-Bhutan Construction Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Somesh Mittal ceased to be Additional Director.
Appointed
Vijaylaxmi Gopal Agarwal was appointed as Director.
Charges
A charge registered on 29 May 2019 via Charge ID 100266567 with Yes Bank Limited was fully satisfied on 12 Apr 2022.
Charges
A charge with Yes Bank Limited of Rs. 15.45 Cr registered on 29 May 2019 with Charge ID 100266567 was modified on 25 Feb 2022.
Appointed
Prabhav Agarwal was appointed as Additional Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 15.45 Cr with Charge ID 100266567 was registered on 29 May 2019.
Charges
A charge registered on 13 Oct 2015 via Charge ID 10598006 with Bank Of Baroda was fully satisfied on 06 May 2019.
Charges
A charge registered on 13 Oct 2015 via Charge ID 10598007 with Bank Of Baroda was fully satisfied on 06 May 2019.
Ceased
Nikhil Goyal ceased to be Director.
Ceased
Mahender Agarwal ceased to be Director.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indo-Bhutan Construction Solutions Private Limited
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MSME Payment Delays by Indo-Bhutan Construction Solutions Private Limited
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Subsidiaries & Group Companies of Indo-Bhutan Construction Solutions Private Limited
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GST Compliance of Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCI0916M1ZL | Haryana | Active | 01 Jul 2017 |
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MCA Filings & Documents of Indo-Bhutan Construction Solutions Private Limited
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Frequently Asked Questions about Indo-Bhutan Construction Solutions Private Limited
Indo-Bhutan Construction Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 22 November 2012 (14+ years old) and is registered under CIN U26931DL2012PTC245184.
Indo-Bhutan Construction Solutions reported revenue of ₹28.01 Cr for FY 2023 (down 30% YoY).
Indo-Bhutan Construction Solutions has 3 current directors:
- Prabhav Agarwal - Additional Director
- Vijaylaxmi Gopal Agarwal - Director
- Vinod Mittal - Additional Director
Indo-Bhutan Construction Solutions reported a net profit of ₹19.63 Cr (net margin 70.1%) and EBITDA of ₹19.85 Cr (EBITDA margin 70.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indo-Bhutan Construction Solutions is 18% over three years and 84% over five years. In the latest year (FY 2023) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indo-Bhutan Construction Solutions is 06AADCI0916M1ZL, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indo-Bhutan Construction Solutions is U26931DL2012PTC245184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo-Bhutan Construction Solutions has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Indo-Bhutan Construction Solutions was incorporated on 22 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Indo-Bhutan Construction Solutions has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.82 Cr; the latest was in March 2020.
The peers of Indo-Bhutan Construction Solutions by revenue are SV Concrete Products Private Limited, Ratna Cements (Yadwad) Limited, Avi Cement Limited, Innovation House Industries Private Limited, Jju Concrete Private Limited and 5 more, all in the Manufacturing industry (Cement and Cement Products).