Irb MP Expressway Private Limited

Irb MP Expressway Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45202MH2000PTC130112 Incorporated 19 December 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹1,735.34 Cr
▲ 2% YoY
Net profit · FY 2025
₹148.14 Cr
Net margin 8.5%
EBITDA · FY 2025
₹1,507.59 Cr
EBITDA margin 86.9%
Authorised capital
₹368.5 Cr
Registered with MCA
Paid-up capital
₹35.95 Cr
Issued & subscribed
Open charges
₹6,610 Cr
Satisfied ₹22.4 Cr
Company age
26 yrs
Est. 2000
Directors on board
7
As per MCA filings

About Irb MP Expressway Private Limited

Data last updated:

Irb MP Expressway Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Irb Infrastructure Developers Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 19 December 2000 and has been in existence for over 26 years.

Its director Virendra Mhaiskar is #403 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2000PTC130112. Its GSTIN is 27AABCN3565H1ZE (Maharashtra).

The company has an authorised share capital of ₹368.5 Cr and a paid-up capital of ₹35.95 Cr. It was formerly known as Nkt Road and Toll Private Limited. It is led by directors including Bajrang Lal Gupta and Virendra Dattatraya Mhaiskar.

Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1101 Hiranandani Knowledge Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,735.34 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹148.14 Cr (net margin 8.5%) and EBITDA of ₹1,507.59 Cr (EBITDA margin 86.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 95% over five years.

The company is associated with 1 brand: IRB Infrastructure Developers. As per MCA filings, the company has open charges of ₹6,610 Cr and satisfied charges of ₹22.4 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 7 cases are pending. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹24 Cr; the latest was in June 2020. Its 7 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 3 smaller; the largest is CDS Infra Projects Limited with revenue of ₹1,960.38 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 irb.co.in.

Company details

CIN U45202MH2000PTC130112
Registration Number 130112
Incorporation Date 19 December 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Irb Infrastructure Developers Limited
Compliance Status Active Compliant
Key People
Rajpaul Satyapaul Sharma Ceo Tushar Kantilal Kawedia Cfo Bajrang Lal Gupta Director

Recognitions & Rankings of Irb MP Expressway

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Irb MP Expressway Private Limited's registered office is in Mumbai, Maharashtra. Its website is irb.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    irb.co.in
  • Registered Address
    Off No – 11th Floor/1101 Hiranandani Knowledge Park Technology Street Hill Side Avenue Powa, I, Mumbai, Maharashtra, India – 400076
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Irb MP Expressway Private Limited, buy the company report.

Comprehensive company report
Irb MP Expressway Private Limited - one report that includes everything
  • 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
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Brands

Irb MP Expressway operates one associated brand: IRB Infrastructure Developers. Each brand links to its own profile.

BrandDescriptionWebsite
IRB Infrastructure Developers
Provider of infrastructure development servicesirb.co.in

Business activity

The main business activity of Irb MP Expressway is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Irb MP Expressway Private Limited, buy the company report.

Financials of Irb MP Expressway Private Limited

FY 2025 filings available

Irb MP Expressway Private Limited reported revenue of ₹1,735.34 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹1,735.34 Cr ▲ 2%
Net profit · FY 2025
₹148.14 Cr margin 8.5%
EBITDA · FY 2025
₹1,507.59 Cr margin 86.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 95%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 10%
5 years · compounded
▲ 90%

Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 2% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1,507.59 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹148.14 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin86.9%
Net Profit Margin8.5%
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

To see the full financial statements and ratios of Irb MP Expressway Private Limited, buy the company report.

Board of directors and KMP of Irb MP Expressway Private Limited

Irb MP Expressway Private Limited currently reports 5 directors and 2 key managerial personnel. 18 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Bajrang Lal Gupta
Also directs: Irb Infrastructure Developers Limited, Modern Road Makers P Ltd, GMR Pochanpalli Expressways Limited. and 5 more
Director05 Feb 20251 Years 9 MonthsCurrent
Virendra Dattatraya Mhaiskar
Also directs: Irb Infrastructure Developers Limited, Irb Holding Private Limited, MMK Toll Road Private Limited and 2 more
Director26 May 20206 Years 5 MonthsCurrent
Rajpaul Satyapaul Sharma
Also directs: Ideal Road Builders Private Limited, MRM Mining Private Limited, Irb Infra Industries Private Limited and 5 more
Ceo01 Apr 20251 Years 7 MonthsCurrent
Amitabh Murarka
Also directs: MRM Mining Private Limited, Irb Lalitpur Tollway Private Limited, Irb Kota Tollway Private Limited and 5 more
Director28 Mar 20197 Years 7 MonthsCurrent
Dhananjay Krishnaji Joshi
Also directs: Ideal Road Builders Private Limited
Director27 Jul 20206 Years 3 MonthsCurrent
Arati Nikhil Taskar
Also directs: Irb Infra Industries Private Limited, Irb Golconda Expressway Private Limited, Mhaiskar Infrastructure Private Limited and 5 more
Director26 Mar 20215 Years 7 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Peer comparison

Irb MP Expressway Private Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
CDS Infra Projects Limited₹1,960.38 Cr (FY 2025)-13.0%New Delhi, Delhi, India
Kaluwala Construction Private Limited₹1,916.38 Cr (FY 2025)48.0%Gurugram, Haryana, India
Kalyan Toll Infrastructure Limited₹1,770.81 Cr (FY 2025)14.0%Indore, Madhya Pradesh, India
M G Contractors Private Limited₹1,741.98 Cr (FY 2025)14.0%New Delhi, Delhi, India
Irb MP Expressway Private Limitedthis company₹1,735.34 Cr (FY 2025)₹148.14 Cr8.5%2.0%Mumbai, Maharashtra, India
S&P Infrastructure Developers Private Limited₹1,633.16 Cr (FY 2024)121.0%New Delhi, Delhi, India
Uttar Pradesh State Bridge Corpn Limited₹1,619.03 Cr (FY 2020)11.0%Uttar Pradesh, India
Roadway Solutions India Infra Limited₹1,426.13 Cr (FY 2025)4.0%Pune, Maharashtra, India

To see the full peer comparison of Irb MP Expressway Private Limited, buy the company report.

Auditor

Irb MP Expressway Private Limited is audited by GOKHALE & SATHE for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GOKHALE & SATHEFY 2023103264W

Shareholding

The shareholding of Irb MP Expressway Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Irb MP Expressway Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6,610 Cr
Satisfied charges
₹22.4 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹6,610.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 2020100366001Sbicap Trustee Company Limited₹6,610 CrOpen
15 Jul 200290146321State Bank of India₹22.4 CrSatisfied

To see the full charge records of Irb MP Expressway Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Irb MP Expressway Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹24 Cr; the latest was in June 2020.

Total deals
7
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹24 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Jun 2020Secondary share transferUndisclosedBuyer: Irb Infrastructure Developers Limited & Arati Taskar, Irb Infrastructure Developers Limited
Seller: Ideal Road Builders Private Limited , Irb Infrastructure Developers Limited
Jun 2020Rights issue₹294.5 CrInvestors: Irb Infrastructure Developers Limited
Sep 2007Secondary share transferUndisclosedBuyer: Irb Infrastructure Developers Limited
Seller: Ideal Toll & Infrastructure Co. Private Limited, 2 individuals
Jul 2007Funding round₹9 CrInvestors: Irb Infrastructure Developers Limited , Ideal Toll & Infrastructure Co. Private Limited, Ideal Road Builders Private Limited
Mar 2007Secondary share transferUndisclosedSeller: Irb Infrastructure Developers Limited , Ideal Toll & Infrastructure Private Limited , Ideal Road Builders Private Limited , an individual

To see the full deal history of Irb MP Expressway Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Irb MP Expressway Private Limited was last rated by Indiarating on 19 Jun 2023.

Rating agencyRated onRating
Indiarating19 Jun 2023

To see the full credit ratings and regulatory alerts of Irb MP Expressway Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Irb MP Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Irb MP Expressway Private Limited has 1 active EPFO establishment as of Mar 28, 2024.

Active EPFO establishments
1

GST

Irb MP Expressway has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCN3565H1ZEMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Irb MP Expressway Private Limited, buy the company report.

Recent activity

Irb MP Expressway Private Limited has 25 board changes on record since 2014: 7 appointments and 18 cessations. The latest: Bajrang Lal Gupta ceased to be Additional Director on 09 Sep 2025.

AGM
Irb Mp Expressway Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Ceased
Bajrang Lal Gupta ceased to be Additional Director.
Appointed
Rajpaul Satyapaul Sharma was appointed as CEO.
Filing
Irb Mp Expressway Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sudhir Rao Hoshing ceased to be CEO.
Appointed
Bajrang Lal Gupta was appointed as Director.
Ceased
Arati Nikhil Taskar ceased to be Additional Director.
Ceased
Ajay Pralhadrao Deshmukh ceased to be Ceo(Kmp).
Appointed
Arati Nikhil Taskar was appointed as Director.
Ceased
Rushabh Rakesh Gandhi ceased to be CFO.
Appointed
Tushar Kantilal Kawedia was appointed as CFO.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 6,610.00 Cr with Charge ID 100366001 was registered on 04 Sep 2020.

19 earlier events are in the company report.

News

Frequently asked questions

Irb MP Expressway 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 19 December 2000 (26+ years old) and is registered under CIN U45202MH2000PTC130112.

Irb MP Expressway has 7 current directors and KMP:

The latest financial statements of Irb MP Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Irb MP Expressway is 27AABCN3565H1ZE, registered in Maharashtra.

The CIN (Corporate Identification Number) of Irb MP Expressway is U45202MH2000PTC130112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Irb MP Expressway has 10 court cases on record: 2 filed by the company and 8 filed against it. 7 are pending. Most are in the high courts.

Irb MP Expressway was incorporated on 19 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.

Irb MP Expressway has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹24 Cr; the latest was in June 2020.

The peers of Irb MP Expressway by revenue are CDS Infra Projects Limited, Kaluwala Construction Private Limited, Kalyan Toll Infrastructure Limited, M G Contractors Private Limited, S&P Infrastructure Developers Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).

Bajrang Lal Gupta ceased to be Additional Director on 09 Sep 2025. Rajpaul Satyapaul Sharma was appointed as CEO on 01 Apr 2025. Sudhir Rao Hoshing ceased to be CEO on 31 Mar 2025. Irb MP Expressway has 25 board changes on record in total.

Irb MP Expressway can be reached through the website irb.co.in. Its registered office is in Mumbai, Maharashtra, India.