Lucknow- Sitapur Expressways Limited
About Lucknow- Sitapur Expressways Limited
Data last updated:
Lucknow- Sitapur Expressways Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dsc Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 28 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45203DL2005PLC142204. Its GSTIN is 07AABCL2462M2ZC (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹119.33 Cr. It is led by directors including Gurvinder Kaur Narula (Managing Director) and Mohinder Singh Narula.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Room No. 7 3rd Floor E – 9 South Extension Part – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2022, the company reported a revenue of ₹81.19 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹3.57 Cr (net margin -4.4%) and EBITDA of ₹54.08 Cr (EBITDA margin 66.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹227.13 Cr and satisfied charges of ₹200 Cr on record. Court records list 20 cases involving the company, including 16 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹117.95 Cr; the latest was in March 2017. Its 6 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 5 larger and 1 smaller; the largest is Sudhir Constructions Infraspace (Hiwarkhed Telhara Road) Private Limited with revenue of ₹82.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lucknow- Sitapur Expressways has one previous CIN (Corporate Identification Number): U15203DL2005PLC142204. The current CIN is U45203DL2005PLC142204, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203DL2005PLC142204 | Current |
| U15203DL2005PLC142204 | Previous |
Contact details
Lucknow- Sitapur Expressways Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 7 3rd Floor E – 9 South Extension Part – II, New Delhi, Delhi, India – 110049
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Lucknow- Sitapur Expressways Limited, buy the company report.
- 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
Business activity
The main business activity of Lucknow- Sitapur Expressways is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Lucknow- Sitapur Expressways Limited, buy the company report.
Financials of Lucknow- Sitapur Expressways Limited
FY 2022 filings availableLucknow- Sitapur Expressways Limited reported revenue of ₹81.19 Cr (up 36% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 36% growth in the latest year. EBITDA rose 153% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹54.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.57 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.6% | ||||
| Net Profit Margin | -4.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lucknow- Sitapur Expressways Limited, buy the company report.
Board of directors and KMP of Lucknow- Sitapur Expressways Limited
Lucknow- Sitapur Expressways Limited currently reports 3 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohinder Singh Narula Also directs: Mountain Fall India Private Limited, DSC Hydro Power Private Limited, Naying DSC Power Limited and 5 more | Director | 28 Oct 2005 | 20 Years 11 Months | Current |
| Naginder Singh Also directs: Mountain Fall India Private Limited, Naying DSC Power Limited, Raipur Expressways Limited and 5 more | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Birinder Singh Narula | Cfo | 10 Jun 2019 | 7 Years 4 Months | Current |
| Gurvinder Kaur Narula Also directs: Delhi-Gurgaon Super Connectivity Limited, KMP Expressways Limited, Gwalior Jhansi Expresways Limited and 1 more | Managing Director | 25 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Lucknow- Sitapur Expressways Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudhir Constructions Infraspace (Hiwarkhed Telhara Road) Private Limited | ₹82.3 Cr (FY 2024) | 139.0% | Nagpur, Maharashtra, India | |||
| Kandi Ramsanpalle Road Private Limited | ₹82.22 Cr (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| J.S Grover Constructions Private Limited | ₹81.78 Cr (FY 2024) | 77.0% | Pathankot, Punjab, India | |||
| Kalinga Combines Pvt Ltd | ₹81.26 Cr (FY 2025) | 42.0% | Bhubaneswar, Odisha, India | |||
| VRC DC Highways Private Limited | ₹81.26 Cr (FY 2025) | -85.0% | Delhi, India | |||
| Lucknow- Sitapur Expressways Limitedthis company | ₹81.19 Cr (FY 2022) | -₹3.57 Cr | -4.4% | 36.0% | New Delhi, Delhi, India | |
| Apco Chetak Expressway Private Limited | ₹80.53 Cr (FY 2025) | 14.0% | Nimbahera, Rajasthan, India |
To see the full peer comparison of Lucknow- Sitapur Expressways Limited, buy the company report.
Auditor
Lucknow- Sitapur Expressways Limited is audited by GREWAL & SINGH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GREWAL & SINGH | FY 2021 | 012322N |
Shareholding
The shareholding of Lucknow- Sitapur Expressways Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lucknow- Sitapur Expressways Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2023 | 100766060 | Others | ₹30 Cr | Open | |
| 27 Mar 2023 | 100696083 | Others | ₹25.25 Cr | Open | |
| 22 Feb 2009 | 10150858 | Srei Equipment Finance Private Limited | ₹4 Cr | Open | |
| 15 Feb 2009 | 10145826 | Srei Equipment Finance Private Limited | ₹87.57 Lakh | Open | |
| 09 Jan 2007 | 10038724 | Others | ₹167 Cr | Open |
To see the full charge records of Lucknow- Sitapur Expressways Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Lucknow- Sitapur Expressways Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹117.95 Cr; the latest was in March 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: ARC Infrastructure Limited Seller: DSC Limited |
| Mar 2015 | Rights issue | ₹1.33 Cr | Investors: DSC Limited |
| Nov 2008 | Funding round | ₹117 Cr | Investors: DSC Limited |
| Apr 2006 | Funding round | ₹95 Lakh | Investors: DSC Limited , Apollo Enterprises Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lucknow- Sitapur Expressways Limited has 20 court cases on record: 16 filed by Lucknow- Sitapur Expressways, 4 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 0 |
| Supreme Court | 9 | 0 | 0 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against State of U.P. Through Secretary | Disposed |
| Supreme Court | Court case | Filed by the company against State of U.P. Through Secretary | Disposed |
| Allahabad High Court | Writ petition | Filed against the company by M/S D.S.Constructions Ltd.Thr.Senior Manager Brijesh Pandey | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against National Highway Authority of India | Disposed |
To see the full case history of Lucknow- Sitapur Expressways Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Lucknow- Sitapur Expressways Limited was last rated by Icra on 18 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Dec 2020 |
To see the full credit ratings and regulatory alerts of Lucknow- Sitapur Expressways Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lucknow- Sitapur Expressways Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lucknow- Sitapur Expressways has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCL2462M2ZC | Delhi | Active | 24 Apr 2018 |
| 09AABCL2462M2Z8 | Uttar Pradesh | Active | 03 May 2018 |
To see the full GST registrations and return filing status of Lucknow- Sitapur Expressways Limited, buy the company report.
Recent activity
Lucknow- Sitapur Expressways Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Birinder Singh Narula was appointed as CFO on 10 Jun 2019.
10 earlier events are in the company report.
Frequently asked questions
Lucknow- Sitapur Expressways is an active public limited company based in New Delhi, Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 28 October 2005 (21+ years old) and is registered under CIN U45203DL2005PLC142204.
Lucknow- Sitapur Expressways has 4 current directors and KMP:
- Gurvinder Kaur Narula - Managing Director
- Mohinder Singh Narula - Director
- Naginder Singh - Director
- Birinder Singh Narula - Cfo
The latest financial statements of Lucknow- Sitapur Expressways on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Lucknow- Sitapur Expressways is 07AABCL2462M2ZC, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCL2462M2Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Lucknow- Sitapur Expressways is U45203DL2005PLC142204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucknow- Sitapur Expressways has 20 court cases on record: 16 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Lucknow- Sitapur Expressways was incorporated on 28 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Lucknow- Sitapur Expressways has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹117.95 Cr; the latest was in March 2017.
The peers of Lucknow- Sitapur Expressways by revenue are Sudhir Constructions Infraspace (Hiwarkhed Telhara Road) Private Limited, Kandi Ramsanpalle Road Private Limited, J.S Grover Constructions Private Limited, Kalinga Combines Pvt Ltd, VRC DC Highways Private Limited and 1 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Birinder Singh Narula was appointed as CFO on 10 Jun 2019. Gurvinder Kaur Narula ceased to be Director on 10 Jun 2019. Rajinder Kaur Narula ceased to be Director on 27 Jul 2018. Lucknow- Sitapur Expressways has 10 board changes on record in total.
The registered office of Lucknow- Sitapur Expressways is at Room No. 7 3rd Floor E – 9 South Extension Part – II, New Delhi, Delhi, India – 110049.