- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0353902

About Mahavir Roads and Infrastructure Private Limited
Data last updated:
Mahavir Roads and Infrastructure Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165147. Its GSTIN is 27AAECM8166G1Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.16 Cr. It is led by directors Jitendre Vasantlal Kikavat (Managing Director) and Pankaj Vasantlal Kikavat.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 601/602 Destination Sra Chs Ltd Cts No.5 6th Floor Near Shopper Stop Chembur (W), Mumbai, Maharashtra, India – 400089.
As per the financials filed for FY 2018, the company reported a revenue of ₹51.73 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹6.34 Cr (net margin -12.3%) and EBITDA of -₹90.93 Lakh (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹407.58 Cr and satisfied charges of ₹23.83 Cr on record. Court records list 101 cases involving the company, including 13 filed by the company and 88 filed against it; 11 cases are pending. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹19.99 Cr; the latest was in March 2017. Its 3 peer companies in the Manufacturing industry (Cement and Cement Products, Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger; the largest is Palak Infra Private Limited with revenue of ₹51.81 Cr.
Mahavir Roads and Infrastructure Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0353902). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mahavirinfra.com.
Company details
Recognitions & Rankings of Mahavir Roads and Infrastructure
Contact details
Mahavir Roads and Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is mahavirinfra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address601/602 Destination Sra Chs Ltd Cts No.5 6th Floor Near Shopper Stop Chembur (W), Mumbai, Maharashtra, India – 400089
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Mahavir Roads and Infrastructure Private 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 Mahavir Roads and Infrastructure 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 Mahavir Roads and Infrastructure Private Limited, buy the company report.
Financials of Mahavir Roads and Infrastructure Private Limited
FY 2018 filings availableMahavir Roads and Infrastructure Private Limited reported revenue of ₹51.73 Cr (down 11% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 11% fall in the latest year. EBITDA rose 99% 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 | ₹51.73 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹90.93 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.34 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 | -1.8% | |||
| Net Profit Margin | -12.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Mahavir Roads and Infrastructure Private Limited, buy the company report.
Board of directors of Mahavir Roads and Infrastructure Private Limited
Mahavir Roads and Infrastructure has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Vasantlal Kikavat Also directs: Sanjose Mahavir Supreme Consortium Private Limited | Director | 16 Oct 2006 | 20 Years 0 Months | Current |
| Jitendre Vasantlal Kikavat Also directs: Sanjose Mahavir Supreme Consortium Private Limited | Managing Director | 16 Oct 2006 | 20 Years 0 Months | Current |
Peer comparison
Mahavir Roads and Infrastructure Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products, Construction Services), 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 |
|---|---|---|---|---|---|---|
| Palak Infra Private Limited | ₹51.81 Cr (FY 2024) | -20.0% | Siwan, Bihar, India | |||
| Systematic and Advance Construction Private Limited | ₹51.78 Cr (FY 2025) | -31.0% | Ranchi, Jharkhand, India | |||
| Sandipan Pramanik Infra Private Limited | ₹51.77 Cr (FY 2024) | -21.0% | Kolkata, West Bengal, India | |||
| Mahavir Roads and Infrastructure Private Limitedthis company | ₹51.73 Cr (FY 2018) | -₹6.34 Cr | -12.3% | -11.0% | 6 | Mumbai, Maharashtra, India |
To see the full peer comparison of Mahavir Roads and Infrastructure Private Limited, buy the company report.
Auditor
Mahavir Roads and Infrastructure Private Limited is audited by KUNAL GURNANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNAL GURNANI & ASSOCIATES | FY 2018 | 138434W |
Shareholding
The shareholding of Mahavir Roads and Infrastructure Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mahavir Roads and Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2023 | 100826180 | Others | ₹60 Cr | Open | |
| 28 Mar 2013 | 10421469 | Uco Bank | ₹4 Cr | Open | |
| 15 Jan 2013 | 10406225 | Tata Capital Financial Services Limited | ₹39.94 Lakh | Open | |
| 30 Dec 2012 | 10406230 | Tata Capital Financial Services Limited | ₹1.83 Cr | Open | |
| 15 Jun 2012 | 10364706 | Bank of India Andheri Large Corporate Branch | ₹6 Cr | Open |
To see the full charge records of Mahavir Roads and Infrastructure Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Mahavir Roads and Infrastructure Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹19.99 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2015 | Rights issue | ₹4.99 Cr | Investors: 2 individuals |
| Mar 2013 | Funding round | ₹5 Cr | Investors: 4 individuals |
| Mar 2010 | Funding round | ₹5 Cr | Investors: 4 individuals |
| Mar 2008 | Funding round | ₹4.3 Cr | Investors: 4 individuals |
To see the full deal history of Mahavir Roads and Infrastructure Private 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
Mahavir Roads and Infrastructure Private Limited has 101 court cases on record: 13 filed by Mahavir Roads and Infrastructure, 88 filed against it. 11 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 76 | 67 | 8 |
| High courts | 18 | 15 | 2 |
| NCLT | 4 | 3 | 0 |
| NCLAT | 3 | 3 | 1 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms. New Consolidated Construction Company Limited | Pending |
| District court, Thane, Maharashtra | Court case (Cri.Appeal) | Filed by the company against DS Infradwellers Pvt Ltd and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Agrawal Industrial Corporation Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Electrosteel Steels Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ms. New Consolidated Construction Company Limited and 4 others | Pending |
To see the full case history of Mahavir Roads and Infrastructure Private 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 Mahavir Roads and Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahavir Roads and Infrastructure Private Limited has a workforce of 6 employees on its EPFO records as of Mar 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 6 |
| FY 2019-20 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Mahavir Roads and Infrastructure Private Limited, buy the company report.
GST
Mahavir Roads and Infrastructure has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM8166G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Roads and Infrastructure Private Limited, buy the company report.
Recent activity
Mahavir Roads and Infrastructure Private Limited has 10 board changes on record since 2006: 2 appointments and 8 cessations. The latest: Amit Gupta ceased to be Irp/Rp/Liquidator on 15 Jun 2024.
46 earlier events are in the company report.
Frequently asked questions
Mahavir Roads and Infrastructure is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 October 2006 (20+ years old) and is registered under CIN U45201MH2006PTC165147.
Mahavir Roads and Infrastructure has 2 current directors:
- Jitendre Vasantlal Kikavat - Managing Director
- Pankaj Vasantlal Kikavat - Director
The latest financial statements of Mahavir Roads and Infrastructure on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Roads and Infrastructure is 27AAECM8166G1Z7, 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 Mahavir Roads and Infrastructure is U45201MH2006PTC165147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Roads and Infrastructure has 101 court cases on record: 13 filed by the company and 88 filed against it. 11 are pending. Most are in the district courts.
Mahavir Roads and Infrastructure was incorporated on 16 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahavir Roads and Infrastructure has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹19.99 Cr; the latest was in March 2017.
The peers of Mahavir Roads and Infrastructure by revenue are Palak Infra Private Limited, Systematic and Advance Construction Private Limited, Sandipan Pramanik Infra Private Limited, all in the Manufacturing industry (Cement and Cement Products, Construction Services), with the same principal business activity (roads, railways, utility projects).
Amit Gupta ceased to be Irp/Rp/Liquidator on 15 Jun 2024. Karan Jitendra Kikavat ceased to be Additional Director on 01 Apr 2016. Nilesh Vasantlal Kikavat ceased to be Director on 01 Apr 2016. Mahavir Roads and Infrastructure has 10 board changes on record in total.
Yes, Mahavir Roads and Infrastructure is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0353902).

