Madhusudan Agrawal Project Private Limited

Madhusudan Agrawal Project Private Limited - infrastructure and utilities in Bilaspur, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U45309CT2020PTC010729 Incorporated 13 October 2020 ROC Chhattisgarh HQ Bilaspur, Chhattisgarh, India
Active Private Limited Company infrastructure and utilities MSME · Medium
Data last updated
Revenue · FY 2025
₹396.27 Cr
▲ 33% YoY
Net profit · FY 2025
₹15.35 Cr
Net margin 3.9%
EBITDA · FY 2025
₹28.67 Cr
EBITDA margin 7.2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹171.85 Cr
Satisfied ₹11.1 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
9
Provident fund records

About Madhusudan Agrawal Project Private Limited

Data last updated:

Madhusudan Agrawal Project Private Limited is a private limited company based in Bilaspur, Chhattisgarh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U45309CT2020PTC010729. Its GSTIN is 22AANCM9002G1ZN (Chattisgarh). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Madhusudan Agrawal (Managing Director) and Devesh Agrawal.

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 Bilaspur, Chhattisgarh.

As per the financials filed for FY 2025, the company reported a revenue of ₹396.27 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹15.35 Cr (net margin 3.9%) and EBITDA of ₹28.67 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Madhusudan Agrawal Project. As per MCA filings, the company has open charges of ₹171.85 Cr and satisfied charges of ₹11.1 Cr on record. Court records list 23 cases involving the company, including 21 filed by the company and 2 filed against it; 17 cases are pending.

Madhusudan Agrawal Project Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-02-0003996). For more details, the company can be reached via its website msaproject.org.

Company details

CIN U45309CT2020PTC010729
Registration Number 010729
Incorporation Date 13 October 2020
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-CG-02-0003996
Key People
Madhusudan Agrawal Managing Director Devesh Agrawal Director Dakshesh Agrawal Director

Recognitions & Rankings of Madhusudan Agrawal Project

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-CG-02-0003996

Contact details

Madhusudan Agrawal Project Private Limited's registered office is in Bilaspur, Chhattisgarh. Its website is msaproject.org. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    msaproject.org
  • Registered Address
    Ground Floor Plot No. 10/11 16 /17, Jhhajharia Kunj Narmada Nagar, Bilaspur, Chhattisgarh, India – 495001
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Madhusudan Agrawal Project Private Limited, buy the company report.

Comprehensive company report
Madhusudan Agrawal Project 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

Madhusudan Agrawal Project operates one associated brand: Madhusudan Agrawal Project. Each brand links to its own profile.

BrandDescriptionWebsite
Madhusudan Agrawal Project
Provides solutions for road, railways, and utility infrastructure development.msaproject.org

Business activity

The main business activity of Madhusudan Agrawal Project 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 Madhusudan Agrawal Project Private Limited, buy the company report.

Financials of Madhusudan Agrawal Project Private Limited

FY 2025 filings available

Madhusudan Agrawal Project Private Limited reported revenue of ₹396.27 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹396.27 Cr ▲ 33%
Net profit · FY 2025
₹15.35 Cr margin 3.9%
EBITDA · FY 2025
₹28.67 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 33% growth in the latest year. EBITDA rose 55% 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₹28.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.35 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 Margin7.2%
Net Profit Margin3.9%
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 Madhusudan Agrawal Project Private Limited, buy the company report.

Board of directors of Madhusudan Agrawal Project Private Limited

Madhusudan Agrawal Project has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhusudan AgrawalManaging Director13 Oct 20206 Years 0 MonthsCurrent
Devesh AgrawalDirector13 Oct 20206 Years 0 MonthsCurrent
Dakshesh AgrawalDirector13 Oct 20206 Years 0 MonthsCurrent
View all directors

Shareholding

The shareholding of Madhusudan Agrawal Project Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Madhusudan Agrawal Project Private Limited, buy the company report.

Charges & borrowings

Open charges
₹171.85 Cr
Satisfied charges
₹11.1 Cr
Breakdown by lending institutions
Others₹170.66 Cr
Yes Bank Limited₹1.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jan 2026101217916Others₹1.42 CrOpen
26 Nov 2025101194243Others₹36 LakhOpen
18 Oct 2025101178094Yes Bank Limited₹29.7 LakhOpen
25 Sep 2025101168905Others₹10.8 LakhOpen
25 Sep 2025101168954Others₹20.8 LakhOpen

To see the full charge records of Madhusudan Agrawal Project Private Limited, buy the company report.

Total charge records: 52 View all charges

MSME payment delays

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

Employees & EPFO

Madhusudan Agrawal Project Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
50%

GST

Madhusudan Agrawal Project has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
22AANCM9002G1ZNChattisgarhActive11 Nov 2020
23AANCM9002G1ZLMadhya PradeshActive08 Mar 2021
27AANCM9002G1ZDMaharashtraActive05 Apr 2021
21AANCM9002G1ZPOdishaActive11 Jan 2022

To see the full GST registrations and return filing status of Madhusudan Agrawal Project Private Limited, buy the company report.

Recent activity

Madhusudan Agrawal Project Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Madhusudan Agrawal ceased to be Director on 30 Mar 2021.

Charges
A charge with Others amounted to Rs. 1.42 Cr with Charge ID 101217916 was registered on 03 Jan 2026.
Charges
A charge registered on 03 Nov 2022 via Charge ID 100626340 with Others was fully satisfied on 15 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 101194243 was registered on 26 Nov 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101178094 was registered on 18 Oct 2025.
AGM
Madhusudan Agrawal Project Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101168905 was registered on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 101168954 was registered on 25 Sep 2025.
Charges
A charge registered on 22 Nov 2024 via Charge ID 101019015 with Others was fully satisfied on 09 Sep 2025.
Charges
A charge registered on 27 Apr 2023 via Charge ID 100710578 with Others was fully satisfied on 01 Sep 2025.
Charges
A charge registered on 07 Mar 2024 via Charge ID 100900743 with Others was fully satisfied on 29 Aug 2025.
Charges
A charge registered on 10 Mar 2023 via Charge ID 100689406 with Others was fully satisfied on 29 Aug 2025.
Charges
A charge registered on 01 Oct 2022 via Charge ID 100617483 with Others was fully satisfied on 29 Aug 2025.

79 earlier events are in the company report.

Frequently asked questions

Madhusudan Agrawal Project is an active private limited company based in Bilaspur, Chhattisgarh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 October 2020 (6+ years old) and is registered under CIN U45309CT2020PTC010729.

Madhusudan Agrawal Project has 3 current directors:

The latest financial statements of Madhusudan Agrawal Project on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Madhusudan Agrawal Project is 22AANCM9002G1ZN, registered in Chattisgarh. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 23AANCM9002G1ZL (Madhya Pradesh), 27AANCM9002G1ZD (Maharashtra), 21AANCM9002G1ZP (Odisha).

The CIN (Corporate Identification Number) of Madhusudan Agrawal Project is U45309CT2020PTC010729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Madhusudan Agrawal Project has 23 court cases on record: 21 filed by the company and 2 filed against it. 17 are pending. Most are in the district courts.

Madhusudan Agrawal Project was incorporated on 13 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

Madhusudan Agrawal ceased to be Director on 30 Mar 2021. Dakshesh Agrawal was appointed as Director on 13 Oct 2020. Devesh Agrawal was appointed as Director on 13 Oct 2020. Madhusudan Agrawal Project has 4 board changes on record in total.

Yes, Madhusudan Agrawal Project is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-02-0003996).

Madhusudan Agrawal Project can be reached through the website msaproject.org. Its registered office is in Bilaspur, Chhattisgarh, India.