About Maharashtra Transmission Communication Infrastructure Limited
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Maharashtra Transmission Communication Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Sterlite Power Transmission Limited. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 09 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64201MH2012PLC234316. Its GSTIN is 27AAICM1311M1ZH (Maharashtra).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹30.11 Cr. It is led by directors including Surya Rajshekhar Deshraj (Managing Director) and Georgeraji.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prakashganga Plot No C 19 Eblock Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.17 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹41.32 Cr (net margin 38.2%) and EBITDA of ₹65.86 Cr (EBITDA margin 60.9%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 73% over five years.
The company is associated with 3 brands: Elite Core, MTCIL and Sterlite Power. As per MCA filings, the company has open charges of ₹32.35 Cr and satisfied charges of ₹55 Cr on record. The company has 14 deals on record (9 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹43.05 Cr; the latest was in March 2024. Its 3 peer companies in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 1 larger and 2 smaller; the largest is Sar Televenture Limited with revenue of ₹124.17 Cr. The company has 15 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 23 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 sterlitepower.com.
Company details
Contact details
Maharashtra Transmission Communication Infrastructure Limited's registered office is in Mumbai, Maharashtra. Its website is sterlitepower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrakashganga Plot No C 19 Eblock Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Maharashtra Transmission Communication Infrastructure 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
Maharashtra Transmission Communication Infrastructure operates multiple associated brands including Elite Core, MTCIL, and Sterlite Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Suite solutions for OSS and BSS are provided by Elitecore. | elitecore.com | |
| Electricity transmission utility projects are developed in India. | sterlitepower.com | |
| Transmission and communication infrastructure is developed in Maharashtra. | mtcil.com |
Business activity
The main business activity of Maharashtra Transmission Communication Infrastructure is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Financials of Maharashtra Transmission Communication Infrastructure Limited
FY 2025 filings availableMaharashtra Transmission Communication Infrastructure Limited reported revenue of ₹108.17 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 35% growth in the latest year. EBITDA rose 33% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹65.86 Cr | ||||
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| Net Profit (PAT) | ₹41.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 60.9% | ||||
| Net Profit Margin | 38.2% | ||||
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To see the full financial statements and ratios of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Board of directors of Maharashtra Transmission Communication Infrastructure Limited
Maharashtra Transmission Communication Infrastructure has 5 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Georgeraji Also directs: Sterlite Grid 18 Limited, Sterlite Grid 14 Limited, Sterlite Grid 13 Limited and 5 more | Director | 15 May 2024 | 2 Years 5 Months | Current |
| Ashok Ganesan Also directs: Sterlumiq Private Limited, Serentica Renewables India 22 Private Limited, Serentica Renewables India 38 Private Limited and 4 more | Director | 18 Jul 2020 | 6 Years 3 Months | Current |
| Trupti Nitin Mudholkar | Director | 02 Aug 2024 | 2 Years 3 Months | Current |
| Surya Rajshekhar Deshraj Also directs: Sterlite Convergence Limited, Sterlite Interlinks Limited | Managing Director | 06 Feb 2021 | 5 Years 9 Months | Current |
| Satish Vitthalrao Chavan | Director | 02 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Maharashtra Transmission Communication Infrastructure Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sar Televenture Limited | ₹124.17 Cr (FY 2024) | 282.0% | Noida, Uttar Pradesh, India | |||
| Maharashtra Transmission Communication Infrastructure Limitedthis company | ₹108.17 Cr (FY 2025) | ₹41.32 Cr | 38.2% | 35.0% | Mumbai, Maharashtra, India | |
| Rishabh Telelink Infracon Private Limited | ₹108.11 Cr (FY 2025) | 44.0% | Jaipur, Rajasthan, India | |||
| Shree Combines Private Limited | ₹105.28 Cr (FY 2025) | 54.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Auditor
Maharashtra Transmission Communication Infrastructure Limited is audited by G S K A & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S K A & Co | FY 2023 | 147093W |
Shareholding
The shareholding of Maharashtra Transmission Communication Infrastructure Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100988218 | Others | ₹20 Cr | Open | |
| 26 Dec 2022 | 100671237 | Hdfc Bank Limited | ₹12 Cr | Open | |
| 27 Oct 2022 | 100628829 | Others | ₹35.11 Lakh | Open | |
| 31 Dec 2013 | 10472858 | Bank of India | ₹55 Cr | Satisfied |
To see the full charge records of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Maharashtra Transmission Communication Infrastructure Limited has 14 deals on record (9 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹43.05 Cr; the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹8.81 Cr | Investors: Maharashtra State Electricity Transmission Company Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Maharashtra State Electricity Transmission Company Limited |
| Apr 2022 | Acquisition | Undisclosed | Buyer: Sterlite Electric Limited Seller: Sterlite Technologies Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Sterlite Electric Limited Seller: Sterlite Technologies Limited |
| Mar 2021 | Funding round | ₹3.24 Cr | Investors: Sterlite Technologies Limited |
To see the full deal history of Maharashtra Transmission Communication Infrastructure 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
No court or tribunal cases involving Maharashtra Transmission Communication Infrastructure Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Maharashtra Transmission Communication Infrastructure Limited was last rated by Icra on 28 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Jul 2021 |
To see the full credit ratings and regulatory alerts of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
MSME payment delays
Maharashtra Transmission Communication Infrastructure Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ramsang Infrastructure Private Limited | |||
| Tejas Networks Limited | |||
| Pratap Technocrats Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Maharashtra Transmission Communication Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM1311M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maharashtra Transmission Communication Infrastructure Limited, buy the company report.
Recent activity
Maharashtra Transmission Communication Infrastructure Limited has 39 board changes on record since 2013: 8 appointments and 31 cessations. The latest: Avinash Vinayak Nimbalkar was appointed as Additional Director on 13 Mar 2025.
35 earlier events are in the company report.
News
Frequently asked questions
Maharashtra Transmission Communication Infrastructure is an active public limited company based in Mumbai, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 09 August 2012 (14+ years old) and is registered under CIN U64201MH2012PLC234316.
Maharashtra Transmission Communication Infrastructure has 5 current directors:
- Surya Rajshekhar Deshraj - Managing Director
- Georgeraji - Director
- Ashok Ganesan - Director
- Trupti Nitin Mudholkar - Director
- Satish Vitthalrao Chavan - Director
The latest financial statements of Maharashtra Transmission Communication Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharashtra Transmission Communication Infrastructure is 27AAICM1311M1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maharashtra Transmission Communication Infrastructure is U64201MH2012PLC234316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Transmission Communication Infrastructure was incorporated on 09 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Maharashtra Transmission Communication Infrastructure has 14 deals on record (9 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹43.05 Cr; the latest was in March 2024.
The peers of Maharashtra Transmission Communication Infrastructure by revenue are Sar Televenture Limited, Rishabh Telelink Infracon Private Limited, Shree Combines Private Limited, all in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Avinash Vinayak Nimbalkar was appointed as Additional Director on 13 Mar 2025. Georgeraji ceased to be Additional Director on 19 Sep 2024. Reshu Madan ceased to be Additional Director on 19 Sep 2024. Maharashtra Transmission Communication Infrastructure has 39 board changes on record in total.
Maharashtra Transmission Communication Infrastructure has 15 MSME Form 1 returns on record between 2018 and 2024, listing 60 overdue payments to 23 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Maharashtra Transmission Communication Infrastructure can be reached through the website sterlitepower.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Maharashtra Transmission Communication Infrastructure is at Prakashganga Plot No C 19 Eblock Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
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