About Kalyan Toll Infrastructure Limited
Data last updated:
Kalyan Toll Infrastructure Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 03 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45203MP2002PLC015157. Its GSTIN is 23AACCK1840M1ZN (Madhya Pradesh). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹63.1 Cr and a paid-up capital of ₹63.09 Cr. It is led by directors including Rajesh Kumar Garg (Managing Director) and Amit Kumar Garg (Whole-Time Director).
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 Vidya Deep 15/3 Manorama Ganj, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,278.71 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹197.01 Cr (net margin 15.4%) and EBITDA of ₹488.59 Cr (EBITDA margin 38.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 664 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries.
The company is associated with 1 brand: Kalyan Group. As per MCA filings, the company has open charges of ₹2,611.32 Cr and satisfied charges of ₹3,996.15 Cr on record. Court records list 175 cases involving the company, including 72 filed by the company and 66 filed against it; 59 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 kalyangroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVidya Deep 15/3 Manorama Ganj, Indore, Madhya Pradesh, India – 452001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Associated Brands with Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure operates one associated brand: Kalyan Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers construction, infrastructure, and real estate services across India. | kalyangroup.in |
Business Activity of Kalyan Toll Infrastructure Limited
The main business activities of Kalyan Toll Infrastructure are construction and trade. In detail, this covers roads, railways, utility projects and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kalyan Toll Infrastructure Limited FY 2025 filings available
Kalyan Toll Infrastructure Limited reported revenue of ₹1,278.71 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kalyan Toll Infrastructure Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 14% growth in the latest year. EBITDA rose 22% 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 Kalyan Toll Infrastructure 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1,278.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹488.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹197.01 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 Kalyan Toll Infrastructure Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.4% | •••• | •••• | •••• | •••• |
| 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 Kalyan Toll Infrastructure 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.
Board of Directors of Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Soni | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Rajesh Kumar Garg | Managing Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Amit Kumar Garg Also directs: Lanco Hoskote Highway Limited, Kalyan Keti Toll Private Limited, Kalyan Infratech Private Limited and 5 more | Whole-Time Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Tikamchand Garg Also directs: Kalyanmal Realestate LLP, Kalyan Vista Hospitality LLP, Kalyan Toll Highways Private Limited and 5 more | Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Rajesh Kumar Shukla | Director | 17 Nov 2025 | 0 Years 11 Months | Current |
| Sunil Kumar Soni Also directs: Kalyaneshwar Real Trade Private Limited | Director | 17 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison of Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meerut Budaun Expressway Limited | ₹2,143.64 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Rajasthan State Road Development and Construction Corporation Limited | ₹1,984.75 Cr (FY 2023) | •••• | •••• | 77.0% | •••• | Jaipur, Rajasthan, India |
| 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 |
| Hindustan Colas Private Limited | ₹1,836.81 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| M G Contractors Private Limited | ₹1,741.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Irb MP Expressway Private Limited | ₹1,735.34 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Hes Infra Private Limited | ₹1,709.81 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajahmundry, Andhra Pradesh, 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 |
| Kalyan Toll Infrastructure Limited this company | ₹1,278.71 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Kalyan Toll Infrastructure by revenue in the Infrastructure industry (Roads and Bridges), 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 Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure Limited is audited by SBA & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SBA & Company | 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.
Ownership and Shareholding of Kalyan Toll Infrastructure 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 Kalyan Toll Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2026 | Others | ₹1.51 Cr | Open |
| 16 Jan 2026 | Others | ₹4.41 Cr | Open |
| 12 Jan 2026 | Indian Overseas Bank | ₹30.5 Lakh | Open |
| 09 Oct 2025 | Others | ₹92.65 Lakh | Open |
| 12 Aug 2025 | Others | ₹50.79 Lakh | Open |
Total charge records: 285 View all charges
Legal Cases of Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure Limited has 175 court cases on record: 72 filed by Kalyan Toll Infrastructure, 66 filed against it, 37 where it is another party. 59 cases are pending and 116 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 92 | 14 | 31 |
| District courts | 71 | 44 | 28 |
| NCLAT | 10 | 7 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 175)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Madhya Pradesh Jal Nigam Maryadit | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Cadman Security Services Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Balajee Infratech and Constructions Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Balajee Infratech and Constructions Private Limited | Pending |
| Bombay High Court | Court case (CAW) | Filed against the company by Kotak Mahindra Bank Limited | Pending |
Full case history
All 175 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.
Employees and EPFO Compliance at Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure Limited has a workforce of 664 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.
Group Structure of Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure has 10 subsidiary companies and 6 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Lanco Hoskote Highway Limited | U45200TG2007PLC053124 | Locked |
| Vaijapur Hasta Tollways Private Limited | U45201MP2018PTC045594 | Locked |
| Vaijapur Pachod Tollways Private Limited | U45201MP2018PTC045676 | Locked |
| Jalna Ghansawangi Highways Private Limited | U45309MP2018PTC045628 | Locked |
| Kalyan Karamala Tembhurni Tollways Private Limited | U45309MP2021PTC054907 | Locked |
| Kalyan Wada Manor Tollways Private Limited | U45309MP2021PTC054912 | Locked |
Showing major subsidiaries. Total: 10.
Recent Activity on Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure Limited has 13 board changes on record since 2002: 8 appointments and 5 cessations. The latest: Rajesh Kumar Shukla was appointed as Director on 17 Nov 2025.
488 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kalyan Toll Infrastructure 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.
MSME Payment Delays by Kalyan Toll Infrastructure Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kalyan Toll Infrastructure 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 Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCK1840M1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AACCK1840M1ZL | Gujarat | Active | 01 Jul 2017 |
| 27AACCK1840M1ZF | Maharashtra | Active | 01 Jul 2017 |
| 22AACCK1840M2ZO | Chattisgarh | Active | 25 Mar 2019 |
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 Kalyan Toll Infrastructure 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.
Related news about Kalyan Toll Infrastructure Limited
Frequently Asked Questions about Kalyan Toll Infrastructure Limited
Kalyan Toll Infrastructure is an active public limited company based in Indore, Madhya Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 03 July 2002 (24+ years old) and is registered under CIN U45203MP2002PLC015157.
Kalyan Toll Infrastructure reported revenue of ₹1,278.71 Cr for FY 2025 (up 14% YoY).
Kalyan Toll Infrastructure has 6 current directors:
- Rajesh Kumar Garg - Managing Director
- Amit Kumar Garg - Whole-Time Director
- Jyoti Soni - Director
- Tikamchand Garg - Director
- Rajesh Kumar Shukla - Director
- Sunil Kumar Soni - Director
Kalyan Toll Infrastructure reported a net profit of ₹197.01 Cr (net margin 15.4%) and EBITDA of ₹488.59 Cr (EBITDA margin 38.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kalyan Toll Infrastructure is 17% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kalyan Toll Infrastructure is 23AACCK1840M1ZN, registered in Madhya Pradesh. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 24AACCK1840M1ZL (Gujarat), 27AACCK1840M1ZF (Maharashtra), 22AACCK1840M2ZO (Chattisgarh).
The CIN (Corporate Identification Number) of Kalyan Toll Infrastructure is U45203MP2002PLC015157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalyan Toll Infrastructure has 175 court cases on record: 72 filed by the company and 66 filed against it. 59 are pending. Most are in the high courts.
Kalyan Toll Infrastructure was incorporated on 03 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Kalyan Toll Infrastructure by revenue are Meerut Budaun Expressway Limited, Rajasthan State Road Development and Construction Corporation Limited, CDS Infra Projects Limited, Kaluwala Construction Private Limited, Hindustan Colas Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Rajesh Kumar Shukla was appointed as Director on 17 Nov 2025. Sunil Kumar Soni was appointed as Director on 17 Nov 2025. Pavan Shrivas ceased to be Cfo(Kmp) on 13 May 2019. Kalyan Toll Infrastructure has 13 board changes on record in total.