About Jaihind Projects Limited
Data last updated:
Jaihind Projects Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Parixit Irrigation Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ1985PLC008338. Its GSTIN is 24AAACJ9366R1ZT (Gujarat). The company holds 22 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Jaihind Welding Works Limited and Jaihind Welding Works Private Limited. It is led by directors including Alankar Mahendra Lodha and Rajesh Man Mal Lodha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 908 A 9th Floor Shapath V Opp. Karnavati Club S.G. Highway Road, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.13 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹3.64 Cr (net margin 59.4%) and EBITDA of ₹5.46 Cr (EBITDA margin 89.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 22% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.47 Cr and satisfied charges of ₹3,725.17 Cr on record. Court records list 352 cases involving the company, including 111 filed by the company and 232 filed against it; 30 cases are pending. The company has 14 deals on record (14 market trades); the latest was in April 2016. Its 10 peer companies in the Infrastructure industry (Construction Services, Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Adhoc Infra Private Limited with revenue of ₹6.14 Cr. The company has 12 MSME Form 1 returns on record between 2021 and 2024, listing 143 overdue payments to 24 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 jpl.in.
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- Registered Address908 A 9th Floor Shapath V Opp. Karnavati Club S.G. Highway Road, Ahmedabad, Gujarat, India – 380015
- IndustryEnvironment, Solar Energy Solutions
- 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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Financials of Jaihind Projects Limited FY 2025 filings available
Jaihind Projects Limited reported revenue of ₹6.13 Cr (down 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jaihind Projects Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 55% fall in the latest year. EBITDA rose 149% 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 Jaihind Projects Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.64 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Jaihind Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.4% | •••• | •••• | •••• | •••• |
| 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 Jaihind Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Jaihind Projects Limited
Jaihind Projects Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services, Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adhoc Infra Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Jaipur, Rajasthan, India |
| Padmalaya Infrastructure Private Limited | ₹6.14 Cr (FY 2023) | •••• | •••• | 43.0% | •••• | Puri, Odisha, India |
| Shyam Indus Solar Power Private Limited | ₹6.13 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Carol in Beach Resort Private Limited | ₹6.13 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Calangute, Goa, India |
| Miura Ventures Private Limited | ₹6.13 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Jaihind Projects Limited this company | ₹6.13 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Ahmedabad, Gujarat, India |
| Trimurti Earthmovers & Infra Buildcon Private Limited | ₹6.12 Cr (FY 2022) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| P.M.Granite Export Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Sreeja Constructions Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Indore MMLP Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | 1175.0% | •••• | New Delhi, Delhi, India |
| SKN Construction Consultancy Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Jaihind Projects by revenue in the Infrastructure industry (Construction Services, Solar Power), 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 Jaihind Projects Limited
Jaihind Projects Limited is audited by S MANDAWAT & Co. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S MANDAWAT & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Jaihind Projects Limited
Jaihind Projects has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alankar Mahendra Lodha | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Rajesh Man Mal Lodha Also directs: Digitelle Technologies Private Limited, Parixit Irrigation Limited, Nitrex Chemicals India Limited and 5 more | Director | 18 May 2020 | 6 Years 4 Months | Current |
| Mahendra Gumanmalji Lodha Also directs: Landscape Buildcon LLP, Max Healthcare Institute Limited, Rajdhani Textiles Private Limited and 5 more | Director | 18 May 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Jaihind Projects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jaihind Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2013 | L & T Finance Limited | ₹16.23 Cr | Open |
| 31 Aug 2011 | L & T Finance Limited | ₹32.4 Lakh | Open |
| 11 Mar 2011 | L & T Finance Limited | ₹3.75 Cr | Open |
| 15 Dec 2010 | L&T Finance Limited | ₹90 Lakh | Open |
| 09 Jun 2010 | L& T Finance Limited | ₹12.35 Lakh | Open |
Total charge records: 78 View all charges
Deals & Funding of Jaihind Projects Limited
Jaihind Projects Limited has 14 deals on record (14 market trades); the latest was in April 2016.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Market trade | ₹2.9 Lakh | Seller: Karnavati Capital Marketing Ltd |
| Oct 2012 | Market trade | ₹25.7 Lakh | Seller: Multiplex Capital Limited |
| Oct 2011 | Market trade | ₹2.36 Cr | Buyer: an individual Seller: Prime Corporate Services Limited |
| Aug 2010 | Market trade | ₹1.79 Cr | Seller: Mrunal Agency & Finance Pvt. Ltd., Mrunal Agency and Financials Private Limited |
| Mar 2010 | Market trade | ₹3.9 Cr | Buyer: Dcom Systems Limited Seller: an individual |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Jaihind Projects Limited
Jaihind Projects Limited has 352 court cases on record: 111 filed by Jaihind Projects, 232 filed against it, 9 where it is another party. 30 cases are pending and 322 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 175 | 125 | 9 |
| High courts | 165 | 98 | 13 |
| NCLAT | 8 | 8 | 8 |
| Supreme Court | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 352)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRR) | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Ske Projects Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Ske Projects Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Cairn India Limited and 1 other | Pending |
Full case history
All 352 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Jaihind Projects Limited
Jaihind Projects Limited has 12 MSME Form 1 returns on record between 2021 and 2024, listing 143 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Isnspection Tecnic | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| T C R Engineering Services Private Limited | •••• | •••• | •••• |
| Divine Metallurgical Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Jaihind Projects Limited
Jaihind Projects Limited has a workforce of 27 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Jaihind Projects Limited
Jaihind Projects has undergone 2 name changes throughout its history. The company was previously known as Jaihind Welding Works Limited, and Jaihind Welding Works Private Limited. The current legal name is Jaihind Projects Limited.
| Company Name | Status |
|---|---|
| Jaihind Projects Limited | Current |
| Jaihind Welding Works Limited | Previous |
| Jaihind Welding Works Private Limited | Previous |
CIN History of Jaihind Projects Limited
Jaihind Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100GJ1985PLC008338, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ1985PLC008338 | Current |
| U45201GJ1985PLC008338 | Previous |
| L45201GJ1985PLC008338 | Previous |
Recent Activity on Jaihind Projects Limited
Jaihind Projects Limited has 34 board changes on record since 2008: 3 appointments and 31 cessations. The latest: Kesha Ram Prajapati ceased to be Additional Director on 01 Oct 2025.
186 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jaihind Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jaihind Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jaihind Projects Limited
Jaihind Projects has 22 GST registrations: 6 active and 16 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ9366R1ZT | Gujarat | Active | 01 Jul 2017 |
| 16AAACJ9366R1ZQ | Tripura | Active | 01 Jul 2017 |
| 23AAACJ9366R2ZU | Madhya Pradesh | Active | 03 Nov 2020 |
| 09AAACJ9366R2ZK | Uttar Pradesh | Active | 07 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jaihind Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jaihind Projects Limited
Jaihind Projects is an active public limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 December 1985 (41+ years old) and is registered under CIN U45100GJ1985PLC008338.
Jaihind Projects reported revenue of ₹6.13 Cr for FY 2025 (down 55% YoY).
Jaihind Projects has 3 current directors:
- Alankar Mahendra Lodha - Director
- Rajesh Man Mal Lodha - Director
- Mahendra Gumanmalji Lodha - Director
Jaihind Projects reported a net profit of ₹3.64 Cr (net margin 59.4%) and EBITDA of ₹5.46 Cr (EBITDA margin 89.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jaihind Projects is -56% over three years and -22% over five years. In the latest year (FY 2025) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jaihind Projects is 24AAACJ9366R1ZT, registered in Gujarat. The company has 22 GST registrations in all, of which 6 are active and 16 are cancelled or inactive. Other active GSTINs include 16AAACJ9366R1ZQ (Tripura), 23AAACJ9366R2ZU (Madhya Pradesh), 09AAACJ9366R2ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Jaihind Projects is U45100GJ1985PLC008338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaihind Projects has 352 court cases on record: 111 filed by the company and 232 filed against it. 30 are pending. Most are in the district courts.
Jaihind Projects was incorporated on 23 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jaihind Projects has 14 deals on record (14 market trades); the latest was in April 2016.
The peers of Jaihind Projects by revenue are Adhoc Infra Private Limited, Padmalaya Infrastructure Private Limited, Shyam Indus Solar Power Private Limited, Carol in Beach Resort Private Limited, Miura Ventures Private Limited and 5 more, all in the Infrastructure industry (Construction Services, Solar Power).
Kesha Ram Prajapati ceased to be Additional Director on 01 Oct 2025. Alankar Mahendra Lodha was appointed as Director on 30 Sep 2025. Pawan Kumar Murarka ceased to be CFO on 12 Sep 2024. Jaihind Projects has 34 board changes on record in total.