About Madhya Pradesh Road Development Corporation Limited
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Madhya Pradesh Road Development Corporation Limited is a public limited state government company based in Bhopal, Madhya Pradesh, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 14 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45203MP2004SGC016758. Its GSTIN is 23AAGCM5306C1Z1 (Madhya Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Bharat Yadav (Managing Director) and Anurag Jain.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 45 – A Arera Hills, Bhopal, Madhya Pradesh, India – 462011.
As per the financials filed for FY 2018, the company reported a revenue of ₹78.18 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹14.24 Cr (net margin 18.2%) and EBITDA of ₹20.57 Cr (EBITDA margin 26.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MPRDC. Court records list 300 cases involving the company, including 76 filed by the company and 224 filed against it; 56 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.5 Cr; the latest was in March 2021. Its 7 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 3 smaller; the largest is Khanday Infrastructure Private Limited with revenue of ₹79.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mprdc.gov.in.
Company details
CIN history
Madhya Pradesh Road Development Corporation has one previous CIN (Corporate Identification Number): U45203MP2004PLC016758. The current CIN is U45203MP2004SGC016758, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MP2004SGC016758 | Current |
| U45203MP2004PLC016758 | Previous |
Contact details
Madhya Pradesh Road Development Corporation Limited's registered office is in Bhopal, Madhya Pradesh. Its website is mprdc.gov.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address45 – A Arera Hills, Bhopal, Madhya Pradesh, India – 462011
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Madhya Pradesh Road Development Corporation 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
Brands
Madhya Pradesh Road Development Corporation operates one associated brand: MPRDC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road development and infrastructure services in Madhya Pradesh. | mprdc.gov.in |
Business activity
The main business activity of Madhya Pradesh Road Development Corporation 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 Madhya Pradesh Road Development Corporation Limited, buy the company report.
Financials of Madhya Pradesh Road Development Corporation Limited
FY 2022 filings availableMadhya Pradesh Road Development Corporation Limited reported revenue of ₹78.18 Cr (down 39% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 39% fall in the latest year. EBITDA fell 71% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹78.18 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹20.57 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14.24 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 26.3% | |||
| Net Profit Margin | 18.2% | |||
| 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 Madhya Pradesh Road Development Corporation Limited, buy the company report.
Board of directors of Madhya Pradesh Road Development Corporation Limited
Madhya Pradesh Road Development Corporation has 10 current directors and 58 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Jain | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Mohan Yadav | Director | 13 Dec 2023 | 2 Years 10 Months | Current |
| Sanjay Dubey | Director | 06 Jul 2025 | 1 Years 3 Months | Current |
| Manish Rastogi | Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Rakesh Singh Also directs: Madhya Pradesh Building Development Corporation Limited | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Ashok Barnwal | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
Peer comparison
Madhya Pradesh Road Development Corporation Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Khanday Infrastructure Private Limited | ₹79.54 Cr (FY 2025) | -2.0% | Anantnag, Jammu and Kashmir, India | |||
| Sushee Arunachal Highways Limited | ₹79.17 Cr (FY 2025) | -18.0% | Hyderabad, Telangana, India | |||
| GMR Chennai Outer Ring Road Private Limited | ₹78.73 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Khokhar Infrastructure Private Limited | ₹78.51 Cr (FY 2024) | 11.0% | Chaibasa, Jharkhand, India | |||
| Madhya Pradesh Road Development Corporation Limitedthis company | ₹78.18 Cr (FY 2018) | ₹14.24 Cr | 18.2% | -39.0% | 109 | Bhopal, Madhya Pradesh, India |
| Jind Gohana Highway Private Limited | ₹77.5 Cr (FY 2025) | -54.0% | Delhi, India | |||
| Bansal Pathways (N.R.R.-1) Private Limited | ₹77.34 Cr (FY 2025) | -37.0% | Bhopal, Madhya Pradesh, India | |||
| Parsuram Arawali Highways Private Limited | ₹77.01 Cr (FY 2025) | -71.0% | Nimbahera, Rajasthan, India |
To see the full peer comparison of Madhya Pradesh Road Development Corporation Limited, buy the company report.
Auditor
Madhya Pradesh Road Development Corporation Limited is audited by RUPA SEKAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUPA SEKAR & ASSOCIATES | FY 2018 | 005512C |
Shareholding
The shareholding of Madhya Pradesh Road Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madhya Pradesh Road Development Corporation Limited, buy the company report.
Deals & funding
Madhya Pradesh Road Development Corporation Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.5 Cr; the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jan 2012 | Funding round | ₹1 Cr | Investors: an individual |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Madhya Pradesh Road Development Corporation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Madhya Pradesh Road Development Corporation Limited has 300 court cases on record: 76 filed by Madhya Pradesh Road Development Corporation, 224 filed against it. 56 cases are pending and 244 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 137 | 117 | 27 |
| High courts | 112 | 92 | 22 |
| Supreme Court | 44 | 14 | 3 |
| NCLAT | 7 | 1 | 4 |
Cases on record (5 of 300)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0302-Arbitration Law and Other Alternative Dispute Resolution : SLPs relating to appointment of arbitrator, arising out of applications under Section 8, removal of arbitrator, termination of mandate of arbitrator under Arbitration Act, 1940, and Arbitration and Conciliation Act, 1996.) | Filed against the company by Viva Highways Ltd | Disposed |
| Supreme Court | Court case (0603-Banking : Mortgage, pledge, hypothecation, bank guarantee, Money Lending Acts) | Filed by the company against State Bank of India and 1 other | Disposed |
| Supreme Court | Court case (0603-Banking : Mortgage, pledge, hypothecation, bank guarantee, Money Lending Acts) | Filed by the company against State Bank of India and 1 other | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by MBL Highway Development Company Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Aicons Engineering Pvt Ltd | Pending |
To see the full case history of Madhya Pradesh Road Development Corporation 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhya Pradesh Road Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madhya Pradesh Road Development Corporation Limited has a workforce of 109 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Madhya Pradesh Road Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCM5306C1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhya Pradesh Road Development Corporation Limited, buy the company report.
Recent activity
Madhya Pradesh Road Development Corporation Limited has 68 board changes on record since 2009: 12 appointments and 56 cessations. The latest: Sanjay Dubey was appointed as Director on 06 Jul 2025.
59 earlier events are in the company report.
Frequently asked questions
Madhya Pradesh Road Development Corporation is an active public limited state government company based in Bhopal, Madhya Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 14 July 2004 (22+ years old) and is registered under CIN U45203MP2004SGC016758.
Madhya Pradesh Road Development Corporation has 10 current directors:
- Bharat Yadav - Managing Director
- Anurag Jain - Director
- Mohan Yadav - Director
- Sanjay Dubey - Director
- Manish Rastogi - Director
- Rakesh Singh - Director
- Ashok Barnwal - Director
- Balasubramanian Venkatesh - Director
- Sukhveer Singh - Director
- Umakant Umrow - Director
The latest financial statements of Madhya Pradesh Road Development Corporation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhya Pradesh Road Development Corporation is 23AAGCM5306C1Z1, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Madhya Pradesh Road Development Corporation is U45203MP2004SGC016758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhya Pradesh Road Development Corporation has 300 court cases on record: 76 filed by the company and 224 filed against it. 56 are pending. Most are in the district courts.
Madhya Pradesh Road Development Corporation was incorporated on 14 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Gwalior.
Madhya Pradesh Road Development Corporation has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.5 Cr; the latest was in March 2021.
The peers of Madhya Pradesh Road Development Corporation by revenue are Khanday Infrastructure Private Limited, Sushee Arunachal Highways Limited, GMR Chennai Outer Ring Road Private Limited, Khokhar Infrastructure Private Limited, Jind Gohana Highway Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Sanjay Dubey was appointed as Director on 06 Jul 2025. Sanjay Kumar Shukla ceased to be Director on 06 Jul 2025. Sukhveer Singh was appointed as Director on 01 Jul 2025. Madhya Pradesh Road Development Corporation has 68 board changes on record in total.
Madhya Pradesh Road Development Corporation can be reached through the website mprdc.gov.in. Its registered office is in Bhopal, Madhya Pradesh, India.