Korba Highway Private Limited

Korba Highway Private Limited - infrastructure and utilities in Hisar, Haryana, India. FY 2026 financials & compliance.
CIN U45400HR2021PTC094345 Incorporated 10 April 2021 ROC Haryana HQ Hisar, Haryana, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹134.22 Cr
▼ 53% YoY
Net loss · FY 2025
₹4.48 Cr
Net margin -3.3%
EBITDA · FY 2025
₹33.71 Cr
EBITDA margin 25.1%
Authorised capital
₹26 Cr
Registered with MCA
Paid-up capital
₹16.1 Cr
Issued & subscribed
Open charges
₹269 Cr
Satisfied ₹346.24 Cr
Company age
5 yrs
Est. 2021
Directors on board
6
As per MCA filings

About Korba Highway Private Limited

Data last updated:

Korba Highway Private Limited is a private limited company based in Hisar, Haryana, India, a subsidiary of Gawar Construction Limited.. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 10 April 2021 and has been in existence for over 5 years.

Its director Ravinder Kumar is #697 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U45400HR2021PTC094345. Its GSTIN is 22AAICK7306A1Z3 (Chattisgarh).

The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹16.1 Cr. It is led by directors including Ravinder Kumar (Managing Director) and Sahil Kathuria.

Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dss – 378 Sector 16 – 17, Hisar, Haryana, India – 125001.

As per the financials filed for FY 2025, the company reported a revenue of ₹134.22 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹4.48 Cr (net margin -3.3%) and EBITDA of ₹33.71 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.

As per MCA filings, the company has open charges of ₹269 Cr and satisfied charges of ₹346.24 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in May 2022.

Company details

CIN U45400HR2021PTC094345
Registration Number 094345
Incorporation Date 10 April 2021
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Gawar Construction Limited.
Key People
Ravinder Kumar Managing Director Sahil Kathuria Director Himani Director

Recognitions & Rankings of Korba Highway

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

Contact details

Korba Highway Private Limited's registered office is in Hisar, Haryana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Dss – 378 Sector 16 – 17, Hisar, Haryana, India – 125001
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Korba Highway Private Limited, buy the company report.

Comprehensive company report
Korba Highway 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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Business activity

The main business activity of Korba Highway is construction. In detail, this covers civil engineering.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstruction42Civil engineering

To see the full business activity and turnover split of Korba Highway Private Limited, buy the company report.

Financials of Korba Highway Private Limited

FY 2025 filings available

Korba Highway Private Limited reported revenue of ₹134.22 Cr (down 53% YoY) for FY 2025.

Revenue · FY 2025
₹134.22 Cr ▼ 53%
Net loss · FY 2025
₹4.48 Cr margin -3.3%
EBITDA · FY 2025
₹33.71 Cr margin 25.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 261%

Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 114%. EBITDA fell 13% 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 2021-22
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₹33.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.48 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 2021-22
Profitability
EBITDA Margin25.1%
Net Profit Margin-3.3%
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 Korba Highway Private Limited, buy the company report.

Board of directors of Korba Highway Private Limited

Korba Highway has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sahil Kathuria
Also directs: Cellulose Fiber Resources Private Limited, Nandrupa Developers Private Limited, Gawar Mandi Highways Private Limited and 5 more
Director10 Apr 20215 Years 6 MonthsCurrent
Ravinder Kumar
Also directs: FRP Anchor Rebars LLP, Gawar Bhiwani Highway Private Limited, Gawar Udaipur Highway Private Limited and 5 more
Managing Director10 Jul 20242 Years 3 MonthsCurrent
Himani
Also directs: Gawar Udaipur Highway Private Limited, Gawar Fazilka Highway Private Limited, Gawar Bijnor Highways Private Limited and 3 more
Director02 May 20242 Years 6 MonthsCurrent
Nilesh KhemkaAdditional Director17 Feb 20260 Years 8 MonthsCurrent
Shubham Jain
Also directs: Gawar Rohna Sonepat Highways Private Limited, Gawar Rohna Jhajjar Highway Private Limited, Gawar Narnaul Highway Private Limited
Additional Director17 Feb 20260 Years 8 MonthsCurrent
Neha Jain
Also directs: Gawar Rohna Jhajjar Highway Private Limited, Dewas Ujjain Highway Private Limited, Gawar Bangalore Highways Private Limited and 1 more
Additional Director17 Feb 20260 Years 8 MonthsCurrent
View all directors

Auditor

Korba Highway Private Limited is audited by A.R. & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.R. & CoFY 2023002744C

Shareholding

The shareholding of Korba Highway Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Korba Highway Private Limited, buy the company report.

Charges & borrowings

Open charges
₹269 Cr
Satisfied charges
₹346.24 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹269.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 2026101237250Idbi Trusteeship Services Limited₹269 CrOpen
19 Oct 2021100498247Others₹346.24 CrSatisfied

To see the full charge records of Korba Highway Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Korba Highway Private Limited has 1 deal on record (1 rights issue); the latest was in May 2022.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2022Rights issue₹15.1 CrInvestors: Gawar Construction Limited.

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

Credit ratings & regulatory alerts

Korba Highway Private Limited was last rated by Indiarating on 20 Dec 2021.

Rating agencyRated onRating
Indiarating20 Dec 2021

To see the full credit ratings and regulatory alerts of Korba Highway Private Limited, buy the company report.

MSME payment delays

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

GST

Korba Highway has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
22AAICK7306A1Z3ChattisgarhActive06 May 2021

To see the full GST registrations and return filing status of Korba Highway Private Limited, buy the company report.

Recent activity

Korba Highway Private Limited has 13 board changes on record since 2021: 8 appointments and 5 cessations. The latest: Neha Jain was appointed as Additional Director on 17 Feb 2026.

Charges
A charge registered on 19 Oct 2021 via Charge ID 100498247 with Others was fully satisfied on 17 Feb 2026.
Appointed
Neha Jain was appointed as Additional Director.
Appointed
Nilesh Khemka was appointed as Additional Director.
Appointed
Shubham Jain was appointed as Additional Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 269.00 Cr with Charge ID 101237250 was registered on 23 Jan 2026.
AGM
Korba Highway Private Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Filing
Korba Highway Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Ceased
Bant Singh Singla ceased to be Director.
Ceased
Himani ceased to be Additional Director.
Appointed
Ravinder Kumar was appointed as Managing Director.
Ceased
Ravinder Kumar ceased to be Director.
Appointed
Himani was appointed as Director.

7 earlier events are in the company report.

Frequently asked questions

Korba Highway is an active private limited company based in Hisar, Haryana, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 10 April 2021 (5+ years old) and is registered under CIN U45400HR2021PTC094345.

Korba Highway has 6 current directors:

The latest financial statements of Korba Highway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Korba Highway is 22AAICK7306A1Z3, registered in Chattisgarh.

The CIN (Corporate Identification Number) of Korba Highway is U45400HR2021PTC094345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Korba Highway was incorporated on 10 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Haryana.

Korba Highway has 1 deal on record (1 rights issue); the latest was in May 2022.

Neha Jain was appointed as Additional Director on 17 Feb 2026. Nilesh Khemka was appointed as Additional Director on 17 Feb 2026. Shubham Jain was appointed as Additional Director on 17 Feb 2026. Korba Highway has 13 board changes on record in total.

The registered office of Korba Highway is at Dss – 378 Sector 16 – 17, Hisar, Haryana, India – 125001.

Korba Highway operates in the infrastructure and utilities industry, in the road and bridge construction segment.