About Maharashtra Border Check Post Network Limited
Data last updated:
Maharashtra Border Check Post Network Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sadbhav Infrastructure Project Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 09 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2009PLC056327. Its GSTIN is 27AAFCM9410L1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Maharashtra Border Check Post Limited. It is led by directors including Rajkumar Shyamsunder Dhoot and Chitra Jatinder Bhatnagar.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹468.75 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹132.59 Cr (net margin 28.3%) and EBITDA of ₹375.65 Cr (EBITDA margin 80.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.
The company has about 614 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Maharashtra Border Check Post Network and Sadbhav Infrastructure. As per MCA filings, the company has open charges of ₹1,787.84 Cr and satisfied charges of ₹2,681.74 Cr on record. Court records list 24 cases involving the company, including 6 filed by the company and 4 filed against it; 9 cases are pending. The company has 10 deals on record (10 secondary share transfers); the latest was in February 2022. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Patil Construction and Infrastructure Limited with revenue of ₹424.58 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 12 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mbcpnl.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSadbhav House Opp.Law Garden Police Chowki Ellisbridg, E, Ahmedabad, Gujarat, India – 380006
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network operates two associated brands: Maharashtra Border Check Post Network and Sadbhav Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Group of company focused on modernisation of road check post | mbcpnl.co.in | |
| Road and highway infrastructure development services are provided in India. | sadbhavinfra.co.in |
Business Activity of Maharashtra Border Check Post Network Limited
The main business activity of Maharashtra Border Check Post Network is construction. In detail, this covers roads, railways, utility projects.
| 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 |
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 Maharashtra Border Check Post Network Limited FY 2025 filings available
Maharashtra Border Check Post Network Limited reported revenue of ₹468.75 Cr (up 12% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Maharashtra Border Check Post Network Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 12% growth in the latest year. EBITDA rose 18% 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 Maharashtra Border Check Post Network Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 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 | ₹375.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹132.59 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 Maharashtra Border Check Post Network Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Maharashtra Border Check Post Network 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 Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Shyamsunder Dhoot Also directs: Avdoot Polytech LLP, Indore Gujarat Road Limited, Sultanganj Sabour Road Limited and 5 more | Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Chitra Jatinder Bhatnagar Also directs: Shanti Sagar International Dredging Limited, Alipurduar Transmission Limited, Warora-Kurnool Transmission Limited and 5 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Shobhit Kumar Mishra Also directs: Indore Gujarat Road Limited, Adani Ropeways Limited, Suryapet Khammam Road Private Limited and 5 more | Additional Director | 25 Jul 2025 | 1 Years 2 Months | Current |
Peer Comparison of Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maharashtra Border Check Post Network Limited this company | ₹468.75 Cr (FY 2026) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Patil Construction and Infrastructure Limited | ₹424.58 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Priya Engineering Projects Private Limited | ₹424.52 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Kadachanallur, Tamil Nadu, India |
| RMK Infrastructure Private Limited | ₹418.81 Cr (FY 2025) | •••• | •••• | 97.0% | •••• | Pune, Maharashtra, India |
| Ridhi Sidhi Housing Private Limited | ₹418.07 Cr (FY 2024) | •••• | •••• | 207.0% | •••• | Jaipur, Rajasthan, India |
| Saket Infraprojects Private Limited | ₹418 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
| Balajikrupa Projects Private Limited | ₹410.4 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Raj Infrastructure Development (India) Private Limited | ₹409.32 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| Venkata Praneeth Developers Private Limited | ₹407.18 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Hyderabad, Telangana, India |
| Ray Engineering Private Limited | ₹405.19 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Takenaka India Private Limited | ₹405.13 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Maharashtra Border Check Post Network by revenue in the Infrastructure industry (Construction Services), 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 Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited is audited by Manubhai & Shah LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manubhai & Shah LLP | 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 Maharashtra Border Check Post Network 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 Maharashtra Border Check Post Network Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2023 | Sbicap Trustee Company Limited | ₹1,326 Cr | Open |
| 27 Jan 2022 | Others | ₹461.84 Cr | Open |
| 23 Mar 2018 | Others | ₹1,540.64 Cr | Satisfied |
| 03 Feb 2010 | Idbi Trusteeship Services Limited | ₹1,141.1 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited has 10 deals on record (10 secondary share transfers); the latest was in February 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Adani Road Transport Limited Seller: Sadbhav Infrastructure Project Limited |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Sadbhav Infrastructure Project Limited & Rajkumar S Dhoot, Sadbhav Infrastructure Project Limited Seller: Sadbhav Infrastructure Project Limited & Hemendrakumar C Shah, Srei Sahaj E-Village Limited, Srei Infrastructure Finance Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sadbhav Infrastructure Project Limited Seller: Sadbhav Engineering Limited |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Sadbhav Infrastructure Project Limited Seller: DTC Toll Projects Private Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Sadbhav Infrastructure Project Limited Seller: Sadbhav Engineering Limited |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited has 24 court cases on record: 6 filed by Maharashtra Border Check Post Network, 4 filed against it, 14 where it is another party. 9 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 1 | 3 |
| District courts | 9 | 3 | 6 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sindhudurg, Maharashtra | Court case (Civil M.A.) | Filed by the company against Suwarna Buildcon Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Game Game's Play Private Limited | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Game Game Play Private Limited | Pending |
| Bombay High Court | Writ petition | Company is another party | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 24 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.
MSME Payment Delays by Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 12 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Digital Weighing Systems Private Limited | •••• | •••• | •••• |
| Aabmatica Technologies Private Limited | •••• | •••• | •••• |
| The Professional Couriers (Mumbai-Central) Private Limited | •••• | •••• | •••• |
| Itcons E-Solutions Limited | •••• | •••• | •••• |
| S N A Infotech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited has a workforce of 614 employees as of Apr 08, 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 Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network Limited has 26 board changes on record since 2009: 4 appointments and 22 cessations. The latest: Shobhit Kumar Mishra was appointed as Additional Director on 25 Jul 2025.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maharashtra Border Check Post Network 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.
Subsidiaries & Group Companies of Maharashtra Border Check Post Network 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 Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM9410L1Z6 | Maharashtra | Active | 01 Jul 2017 |
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 Maharashtra Border Check Post Network 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 Maharashtra Border Check Post Network Limited
Frequently Asked Questions about Maharashtra Border Check Post Network Limited
Maharashtra Border Check Post Network is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 09 March 2009 (17+ years old) and is registered under CIN U45201GJ2009PLC056327.
Maharashtra Border Check Post Network reported revenue of ₹468.75 Cr for FY 2026 (up 12% YoY).
Maharashtra Border Check Post Network has 3 current directors:
- Rajkumar Shyamsunder Dhoot - Director
- Chitra Jatinder Bhatnagar - Director
- Shobhit Kumar Mishra - Additional Director
Maharashtra Border Check Post Network reported a net profit of ₹132.59 Cr (net margin 28.3%) and EBITDA of ₹375.65 Cr (EBITDA margin 80.1%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maharashtra Border Check Post Network is 15% over three years and 19% over five years. In the latest year (FY 2026) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maharashtra Border Check Post Network is 27AAFCM9410L1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maharashtra Border Check Post Network is U45201GJ2009PLC056327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Border Check Post Network has 24 court cases on record: 6 filed by the company and 4 filed against it. 9 are pending. Most are in the high courts.
Maharashtra Border Check Post Network was incorporated on 09 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Maharashtra Border Check Post Network has 10 deals on record (10 secondary share transfers); the latest was in February 2022.
The peers of Maharashtra Border Check Post Network by revenue are Patil Construction and Infrastructure Limited, Priya Engineering Projects Private Limited, RMK Infrastructure Private Limited, Ridhi Sidhi Housing Private Limited, Saket Infraprojects Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Shobhit Kumar Mishra was appointed as Additional Director on 25 Jul 2025. Salil Kumar Mishra ceased to be Director on 20 Jun 2024. Chitra Jatinder Bhatnagar ceased to be Additional Director on 30 Sep 2022. Maharashtra Border Check Post Network has 26 board changes on record in total.