About Mep Infrastructure Developers Limited
Data last updated: 20 January 2026
Mep Infrastructure Developers Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 08 August 2002, the company has been in operation for over 24 years.
Registered with ROC Mumbai under CIN L45200MH2002PLC136779. Listed on BSE: 539126 and NSE: MEP.
Capital: an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹186.2 Cr. Formerly known as Mep Infrastructure Developers Private Limited and Mep Toll Road Private Limited. It is led by directors including Jayant Dattatray Mhaiskar and Anuya Jayant Mhaiskar.
Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: Mumbai, Maharashtra.
As per NSE-filed standalone financials for FY 2024, the company reported a revenue of ₹50.46 Cr. Total assets are valued at ₹898.79 Cr.
The company has a workforce of approximately 25 employees as per the latest available data. Its group structure includes 30 subsidiaries.
The company is associated with 1 brand - Mep Infrastructure Developers. As per MCA filings, the company has open charges of ₹6,191.42 Cr and satisfied charges of ₹993.53 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is mepinfra.com.
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EmailLocked
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Social Media
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Registered Address2102 Floor – 21St Plot – 62 Kesar Equinox Sir Bhalchandra Road Hindu Colony Dada, R (East), Mumbai, Maharashtra, India – 400014
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IndustryInfrastructure and Utilities, Road & Bridge Construction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited has undergone 2 name changes throughout its history. The company was previously known as Mep Infrastructure Developers Private Limited, and Mep Toll Road Private Limited. The current legal name is Mep Infrastructure Developers Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mep Infrastructure Developers Limited | Current |
| Mep Infrastructure Developers Private Limited | Previous |
| Mep Toll Road Private Limited | Previous |
CIN History of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45200MH2002PLC136779, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH2002PLC136779 | Current |
| U45200MH2002PTC136779 | Previous |
| U45200MH2002PLC136779 | Previous |
Associated Brands with Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited operates one associated brand: MEP Infrastructure Developers. These brands represent Mep Infrastructure Developers Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Road infrastructure development is focused on in India. | mepinfra.com |
Competitors & Alternatives of Mep Infrastructure Developers Limited
Brands and companies operating in the same space as Mep Infrastructure Developers Limited include Construction Partners, Transurban, G R Infraprojects and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Construction Partners
|
Provider of construction services | Dothan, United States, United States | 2001 |
Transurban
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Road infrastructure development and management services are provided internationally. | Melbourne, Australia, Australia | 1995 |
G R Infraprojects
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EPC provider for infrastructure projects and manufacturer of related materials | Udaipur, India, India | 1995 |
IL&FS Transportation
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Developer and operator of transportation infrastructure projects, including highways and tunnels | Mumbai, India, India | 2000 |
Hazoor
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Road infrastructure development is managed by Hazoor. | Mumbai, India, India | 1992 |
Colas
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Road infrastructure development services are provided worldwide. | Paris, France, France | 1929 |
SMEC
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Provider of road infrastructure development services | Brisbane, Australia, Australia | 1970 |
American Track
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Railroad infrastructure development services are provided by American Track. | Fort Worth, United States, United States | 2021 |
FCC Construccion
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Developer of highways infrastructure | Madrid, Spain, Spain | 1900 |
Business Activity of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited is engaged in the principal business activity of construction, with detailed activities including 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 for Mep Infrastructure Developers Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited is audited by GMJ & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GMJ & CO | Locked | Locked | Locked |
Complete auditor history for Mep Infrastructure Developers Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited currently reports 6 directors and 1 key managerial person. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Jayant Dattatray Mhaiskar
Also directs:
Jarr Infrastructure Llp, Mhaiskar Landmarks Private Limited, Ideal Toll & Infrastructure Private Limited and 2 more
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Managing Director | 08 Aug 2002 | 24 Years 0 Months | As last reported |
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Anuya Jayant Mhaiskar
Also directs:
Mep Infrastructure Private Limited, Jarr Infrastructure Llp, Hungry Munch Llp and 5 more
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Director | 19 Aug 2006 | 19 Years 11 Months | As last reported |
| Prakash Dattatraya Naringrekar | Director | 09 Sep 2021 | 4 Years 11 Months | As last reported |
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Subodh Ramchandra Garud
Also directs:
Rektron Globe Private Limited, Terasil Infra Private Limited, Chourangi Infrastructure & Technology Private Limited and 1 more
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Ceo | 14 Feb 2019 | 7 Years 6 Months | As last reported |
| Neeraj Vasant Hardikar | Director | 14 Nov 2022 | 3 Years 9 Months | As last reported |
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Anand Arun Desai
Also directs:
Mep Infrastructure Private Limited
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Director | 14 Nov 2022 | 3 Years 9 Months | As last reported |
Financials of Mep Infrastructure Developers Limited FY 2024 filings available
Mep Infrastructure Developers Limited reported revenue of ₹50.46 Cr for FY 2024.
| Metrics | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹50.46 Cr | ₹194.18 Cr | ₹367.14 Cr | ₹1,369.57 Cr |
| Other Income | ₹10.09 Cr | ₹28.5 Cr | ₹24.57 Cr | ₹34.38 Cr |
| Total Income | ₹60.55 Cr | ₹222.67 Cr | ₹391.7 Cr | ₹1,403.95 Cr |
| Cost of Materials Consumed | ₹0 | ₹102.94 Cr | ₹312.68 Cr | ₹1,344.65 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹12.3 Cr | ₹29.09 Cr | ₹50.29 Cr | ₹65.13 Cr |
| Finance Costs | ₹39.38 Cr | ₹42.38 Cr | ₹61.81 Cr | ₹67.38 Cr |
| Depreciation & Amortisation | ₹3.38 Cr | ₹82.1 Cr | ₹42.76 Cr | ₹51.8 Cr |
| Other Expenses | ₹703.06 Cr | ₹53.72 Cr | ₹52.39 Cr | ₹60.47 Cr |
| Total Expenses | ₹758.12 Cr | ₹310.22 Cr | ₹519.93 Cr | ₹1,589.43 Cr |
| Profit Before Exceptional Items & Tax | -₹697.56 Cr | -₹87.55 Cr | -₹128.23 Cr | -₹185.48 Cr |
| Exceptional Items | -₹59.21 Cr | ₹43.99 Cr | -₹95.5 Cr | ₹0 |
| Profit Before Tax | -₹756.77 Cr | -₹43.56 Cr | -₹223.73 Cr | -₹185.48 Cr |
| Total Tax Expense | ₹52.74 Lakh | ₹1.97 Cr | -₹1.64 Cr | -₹44.81 Cr |
| Net Profit | -₹757.3 Cr | -₹45.53 Cr | -₹222.09 Cr | -₹140.67 Cr |
| attributable to Owners | - | - | - | ₹0 |
| attributable to NCI | - | - | - | ₹0 |
| Other Comprehensive Income | -₹22.04 Lakh | ₹1.49 Cr | -₹20.43 Lakh | -₹4.41 Lakh |
| Total Comprehensive Income | -₹757.52 Cr | -₹44.04 Cr | -₹222.3 Cr | -₹140.72 Cr |
| EBITDA (computed) | -₹654.8 Cr | ₹36.93 Cr | -₹23.65 Cr | -₹66.3 Cr |
| Basic EPS | ₹-40.67 | ₹-2.48 | ₹-12.11 | ₹-7.67 |
| Diluted EPS | ₹-40.67 | ₹-2.48 | ₹-12.11 | ₹-7.67 |
| Metrics | FY 2024 |
|---|---|
| Total Assets | ₹898.79 Cr |
| Non-current Assets | ₹280.22 Cr |
| Current Assets | ₹239.23 Cr |
| Property, Plant & Equipment | ₹8.25 Cr |
| Inventories | ₹1.59 Cr |
| Trade Receivables | ₹3.89 Cr |
| Cash & Equivalents | ₹1.42 Cr |
| Equity (Net Worth) | -₹457.39 Cr |
| Equity Share Capital | ₹186.2 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹217 Cr |
| Total Debt (computed) | ₹217 Cr |
| Current Liabilities | ₹1,293.05 Cr |
| Total Liabilities | ₹1,356.18 Cr |
| Metrics | FY 2024 | FY 2022 |
|---|---|---|
| Operating Cash Flow | ₹44.39 Cr | -₹152.16 Cr |
| Investing Cash Flow | ₹3.19 Cr | ₹248.42 Cr |
| Financing Cash Flow | -₹49.74 Cr | -₹97.44 Cr |
| Capital Expenditure | ₹6.44 Lakh | ₹1.08 Cr |
| Free Cash Flow (computed) | ₹44.32 Cr | -₹153.24 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹2.16 Cr | -₹1.18 Cr |
| Metrics | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹20.49 Cr | ₹10.92 Cr | ₹2.91 Cr | ₹16.15 Cr | ₹15.88 Cr | ₹7.7 Cr | ₹15.84 Cr | ₹32.56 Cr | ₹46.43 Cr | ₹34.72 Cr | ₹80.46 Cr | ₹123.19 Cr |
| Other Income | ₹5.55 Cr | ₹19 Lakh | ₹1.3 Cr | ₹3.05 Cr | ₹4.79 Cr | ₹2.97 Cr | ₹62.43 Lakh | ₹2.63 Cr | ₹5.25 Cr | ₹7.7 Cr | ₹12.92 Cr | ₹4.97 Cr |
| Total Income | ₹26.04 Cr | ₹11.11 Cr | ₹4.21 Cr | ₹19.2 Cr | ₹20.67 Cr | ₹10.67 Cr | ₹16.46 Cr | ₹35.19 Cr | ₹51.68 Cr | ₹42.42 Cr | ₹93.38 Cr | ₹128.16 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹2.21 Cr | ₹1.56 Cr | ₹1.79 Cr | ₹4.24 Cr | ₹12.1 Cr | ₹26.92 Cr | ₹11.7 Cr | ₹14.99 Cr | ₹49.33 Cr | ₹112.6 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.25 Cr | ₹3.31 Cr | ₹3.47 Cr | ₹3.27 Cr | ₹4.07 Cr | ₹2.92 Cr | ₹5.35 Cr | ₹6.82 Cr | ₹5.63 Cr | ₹6.64 Cr | ₹10 Cr | ₹13.34 Cr |
| Finance Costs | ₹8.96 Cr | ₹8.95 Cr | ₹12.53 Cr | ₹8.94 Cr | ₹8.91 Cr | ₹9.07 Cr | ₹11.2 Cr | ₹11.94 Cr | ₹7.88 Cr | ₹10.38 Cr | ₹12.18 Cr | ₹13.84 Cr |
| Depreciation & Amortisation | ₹63.21 Lakh | ₹68.96 Lakh | ₹71.21 Lakh | ₹1.35 Cr | ₹1.9 Cr | ₹1.9 Cr | ₹2.79 Cr | ₹18.39 Cr | ₹19.57 Cr | ₹19.6 Cr | ₹24.53 Cr | ₹10.78 Cr |
| Other Expenses | ₹617.77 Cr | ₹31.15 Cr | ₹24.48 Cr | ₹25.89 Cr | ₹6.94 Cr | ₹9.27 Cr | ₹26.79 Cr | ₹28.3 Cr | ₹8.54 Cr | ₹10.66 Cr | ₹6.21 Cr | ₹13.87 Cr |
| Total Expenses | ₹629.61 Cr | ₹44.1 Cr | ₹43.4 Cr | ₹41.01 Cr | ₹23.62 Cr | ₹27.39 Cr | ₹58.23 Cr | ₹92.37 Cr | ₹53.32 Cr | ₹62.28 Cr | ₹102.25 Cr | ₹164.44 Cr |
| Profit Before Exceptional Items & Tax | -₹603.57 Cr | -₹32.99 Cr | -₹39.19 Cr | -₹21.81 Cr | -₹2.94 Cr | -₹16.72 Cr | -₹41.76 Cr | -₹57.18 Cr | -₹1.64 Cr | -₹19.86 Cr | -₹8.87 Cr | -₹36.28 Cr |
| Exceptional Items | ₹0 | -₹59.21 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹43.99 Cr | ₹0 | ₹0 | ₹0 | -₹95.5 Cr |
| Profit Before Tax | -₹603.57 Cr | -₹92.2 Cr | -₹39.19 Cr | -₹21.81 Cr | -₹2.94 Cr | -₹16.72 Cr | -₹41.76 Cr | -₹13.19 Cr | -₹1.64 Cr | -₹19.86 Cr | -₹8.87 Cr | -₹131.78 Cr |
| Total Tax Expense | ₹1.33 Cr | ₹61.48 Lakh | ₹32 Lakh | -₹1.74 Cr | ₹11.27 Lakh | ₹72,000 | ₹11.64 Lakh | ₹66.42 Lakh | ₹8.58 Lakh | -₹59.94 Lakh | ₹1.82 Cr | -₹55.41 Lakh |
| Net Profit | -₹604.9 Cr | -₹92.82 Cr | -₹39.51 Cr | -₹20.08 Cr | -₹3.06 Cr | -₹16.73 Cr | -₹41.88 Cr | -₹13.85 Cr | -₹1.72 Cr | -₹19.26 Cr | -₹10.69 Cr | -₹131.23 Cr |
| Other Comprehensive Income | -₹59.16 Lakh | ₹12.37 Lakh | ₹12.38 Lakh | ₹12.37 Lakh | ₹37.23 Lakh | ₹37.21 Lakh | ₹37.22 Lakh | ₹1.64 Cr | -₹5.12 Lakh | -₹5.1 Lakh | -₹5.11 Lakh | -₹17.13 Lakh |
| Total Comprehensive Income | -₹605.49 Cr | -₹92.69 Cr | -₹39.38 Cr | -₹19.95 Cr | -₹2.68 Cr | -₹16.36 Cr | -₹41.51 Cr | -₹12.21 Cr | -₹1.77 Cr | -₹19.31 Cr | -₹10.75 Cr | -₹131.4 Cr |
| EBITDA (computed) | -₹593.98 Cr | -₹23.35 Cr | -₹25.95 Cr | -₹11.52 Cr | ₹7.87 Cr | -₹5.76 Cr | -₹27.77 Cr | -₹26.85 Cr | ₹25.81 Cr | ₹10.13 Cr | ₹27.84 Cr | -₹11.65 Cr |
| Basic EPS | ₹-32.49 | ₹-5.02 | ₹-2.15 | ₹-1.09 | ₹-0.17 | ₹0.00 | ₹-2.28 | ₹-0.76 | ₹-0.09 | ₹-1.05 | ₹-0.58 | ₹-7.15 |
| Diluted EPS | ₹-32.49 | ₹-5.02 | ₹-2.15 | ₹-1.09 | ₹-0.17 | ₹-0.91 | ₹-2.28 | ₹-0.76 | ₹-0.09 | ₹-1.05 | ₹-0.58 | ₹-7.15 |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Construction | ₹0 | -₹485.94 Cr | - | - |
| Less : Interest | ₹0 | -₹34.75 Cr | - | - |
| Other Unallocable net off Expenses Income | ₹0 | ₹8.31 Cr | - | - |
| Toll Collection O M | ₹50.46 Cr | -₹185.18 Cr | - | - |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹967.37 Cr | ₹1,123.19 Cr | ₹2,056.44 Cr |
| Other Income | ₹34.75 Cr | ₹166.04 Cr | ₹139.69 Cr |
| Total Income | ₹1,002.12 Cr | ₹1,289.23 Cr | ₹2,196.13 Cr |
| Cost of Materials Consumed | ₹297.55 Cr | ₹512.47 Cr | ₹1,519.32 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹53.55 Cr | ₹78.97 Cr | ₹104.89 Cr |
| Finance Costs | ₹288.86 Cr | ₹342.99 Cr | ₹414.41 Cr |
| Depreciation & Amortisation | ₹256.04 Cr | ₹252.78 Cr | ₹392.37 Cr |
| Other Expenses | ₹112.57 Cr | ₹67.13 Cr | ₹74.64 Cr |
| Total Expenses | ₹1,008.57 Cr | ₹1,254.34 Cr | ₹2,505.62 Cr |
| Profit Before Exceptional Items & Tax | -₹6.45 Cr | ₹34.89 Cr | -₹309.5 Cr |
| Exceptional Items | ₹43.02 Cr | -₹69.23 Cr | ₹226.26 Cr |
| Profit Before Tax | ₹36.57 Cr | -₹34.34 Cr | -₹83.23 Cr |
| Total Tax Expense | ₹52.97 Cr | ₹25.73 Cr | ₹42.87 Cr |
| Net Profit | -₹225.47 Cr | -₹76.78 Cr | -₹86.12 Cr |
| attributable to Owners | -₹220.58 Cr | -₹76.63 Cr | -₹77.21 Cr |
| attributable to NCI | -₹4.88 Cr | -₹15.06 Lakh | -₹8.91 Cr |
| Other Comprehensive Income | ₹1.86 Cr | -₹10.6 Lakh | -₹34.9 Lakh |
| Total Comprehensive Income | -₹223.61 Cr | -₹76.88 Cr | -₹86.47 Cr |
| EBITDA (computed) | ₹538.45 Cr | ₹630.67 Cr | ₹497.28 Cr |
| Basic EPS | ₹-12.29 | ₹-4.19 | ₹-4.70 |
| Diluted EPS | ₹-12.29 | ₹-4.19 | ₹-4.70 |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Equity (Net Worth) | -₹114.14 Cr | ₹104.58 Cr | ₹181.31 Cr |
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | ₹306.3 Cr |
| Investing Cash Flow | ₹112.6 Cr |
| Financing Cash Flow | -₹414.62 Cr |
| Capital Expenditure | ₹23.27 Cr |
| Free Cash Flow (computed) | ₹283.03 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹4.29 Cr |
| Metrics | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹18.65 Cr | ₹13.42 Cr | ₹6.32 Cr | ₹2.49 Cr | ₹81.09 Cr | ₹150.27 Cr | ₹233.81 Cr | ₹239.68 Cr | ₹217.13 Cr | ₹276.76 Cr | ₹282.36 Cr | ₹282.43 Cr |
| Other Income | ₹26.18 Lakh | ₹1.58 Cr | ₹3.15 Cr | ₹5.77 Cr | ₹3.13 Cr | ₹3.8 Cr | ₹5.96 Cr | ₹3.27 Cr | ₹7.11 Cr | ₹18.41 Cr | ₹5.27 Cr | ₹125.26 Cr |
| Total Income | ₹18.91 Cr | ₹15 Cr | ₹9.47 Cr | ₹8.25 Cr | ₹84.22 Cr | ₹154.07 Cr | ₹239.76 Cr | ₹242.95 Cr | ₹224.24 Cr | ₹295.17 Cr | ₹287.63 Cr | ₹407.69 Cr |
| Cost of Materials Consumed | ₹0 | ₹8.15 Cr | ₹6.74 Cr | ₹18.57 Cr | ₹67.09 Cr | ₹98.29 Cr | ₹77.44 Cr | ₹56.74 Cr | ₹65.34 Cr | ₹98.04 Cr | ₹116.06 Cr | ₹144.19 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.35 Cr | ₹4.2 Cr | ₹3.78 Cr | ₹4.66 Cr | ₹6.59 Cr | ₹8.54 Cr | ₹13.4 Cr | ₹11.58 Cr | ₹12.72 Cr | ₹15.85 Cr | ₹20.42 Cr | ₹21.58 Cr |
| Finance Costs | ₹15.96 Cr | ₹24.09 Cr | ₹13.52 Cr | ₹14.93 Cr | ₹19.48 Cr | ₹26.06 Cr | ₹73.83 Cr | ₹68.62 Cr | ₹74.85 Cr | ₹71.56 Cr | ₹81.96 Cr | ₹89.35 Cr |
| Depreciation & Amortisation | ₹72.9 Lakh | ₹71.32 Lakh | ₹1.51 Cr | ₹2.08 Cr | ₹19.49 Cr | ₹40.01 Cr | ₹69.02 Cr | ₹62.69 Cr | ₹59.79 Cr | ₹64.55 Cr | ₹49.35 Cr | ₹48.71 Cr |
| Other Expenses | ₹36.2 Cr | ₹31.26 Cr | ₹40.35 Cr | ₹24.52 Cr | ₹19.41 Cr | ₹41.82 Cr | ₹47.33 Cr | ₹22.22 Cr | ₹22.66 Cr | ₹20.36 Cr | ₹18.71 Cr | ₹15.39 Cr |
| Total Expenses | ₹57.24 Cr | ₹68.4 Cr | ₹65.91 Cr | ₹64.75 Cr | ₹132.05 Cr | ₹214.71 Cr | ₹281.01 Cr | ₹221.85 Cr | ₹235.36 Cr | ₹270.35 Cr | ₹286.51 Cr | ₹319.22 Cr |
| Profit Before Exceptional Items & Tax | -₹38.33 Cr | -₹53.4 Cr | -₹56.44 Cr | -₹56.5 Cr | -₹47.83 Cr | -₹60.64 Cr | -₹41.25 Cr | ₹21.09 Cr | -₹11.12 Cr | ₹24.82 Cr | ₹1.12 Cr | ₹88.47 Cr |
| Exceptional Items | -₹59.21 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹43.99 Cr | ₹0 | ₹0 | -₹97.23 Lakh | -₹69.23 Cr | ₹0 |
| Profit Before Tax | -₹97.54 Cr | -₹53.4 Cr | -₹56.44 Cr | -₹56.5 Cr | -₹47.83 Cr | -₹60.64 Cr | ₹2.74 Cr | ₹21.09 Cr | -₹11.12 Cr | ₹23.85 Cr | -₹68.12 Cr | ₹88.47 Cr |
| Total Tax Expense | ₹3.07 Cr | ₹3.05 Cr | -₹74.19 Lakh | -₹26.3 Lakh | ₹35.03 Lakh | ₹28.44 Lakh | ₹11.35 Cr | ₹13.37 Cr | ₹11.84 Cr | ₹16.41 Cr | ₹6.58 Cr | ₹6.37 Cr |
| Net Profit | -₹116.18 Cr | -₹51.75 Cr | -₹41.57 Cr | -₹51.79 Cr | -₹45.36 Cr | -₹64.02 Cr | -₹162.57 Cr | -₹12.74 Cr | -₹52.88 Cr | ₹2.73 Cr | -₹85.36 Cr | ₹84.58 Cr |
| attributable to Owners | -₹116.17 Cr | -₹51.79 Cr | -₹41.43 Cr | -₹49.34 Cr | -₹45.1 Cr | -₹63.72 Cr | -₹161.9 Cr | -₹12.19 Cr | - | ₹5.14 Cr | -₹91.8 Cr | ₹89.34 Cr |
| attributable to NCI | -₹86,000 | -₹6.28 Lakh | -₹2.78 Lakh | -₹2.46 Cr | -₹25.9 Lakh | -₹29.51 Lakh | -₹67.37 Lakh | -₹55.57 Lakh | - | -₹2.41 Cr | ₹6.44 Cr | -₹4.77 Cr |
| Other Comprehensive Income | -₹18.44 Lakh | -₹22.61 Lakh | -₹17.28 Lakh | ₹45.54 Lakh | ₹41.61 Lakh | ₹43.57 Lakh | ₹2.01 Cr | -₹4.37 Lakh | -₹4.35 Lakh | -₹6.03 Lakh | ₹4.8 Lakh | -₹2.97 Lakh |
| Total Comprehensive Income | -₹116.37 Cr | -₹51.97 Cr | -₹41.74 Cr | -₹51.34 Cr | -₹44.95 Cr | -₹63.58 Cr | -₹160.57 Cr | -₹12.78 Cr | -₹52.92 Cr | ₹2.67 Cr | -₹85.31 Cr | ₹84.55 Cr |
| EBITDA (computed) | -₹21.64 Cr | -₹28.6 Cr | -₹41.4 Cr | -₹39.49 Cr | -₹8.86 Cr | ₹5.42 Cr | ₹101.6 Cr | ₹152.4 Cr | ₹123.52 Cr | ₹160.92 Cr | ₹132.43 Cr | ₹226.53 Cr |
| Basic EPS | ₹-5.82 | ₹-3.34 | ₹-3.42 | ₹-3.30 | ₹-2.99 | ₹-4.23 | ₹-8.86 | ₹-0.69 | ₹-2.88 | ₹0.15 | ₹-4.65 | ₹4.61 |
| Diluted EPS | ₹-5.82 | ₹-3.34 | ₹-3.42 | ₹-3.30 | ₹0.00 | ₹-4.23 | ₹-8.86 | ₹-0.69 | ₹-2.88 | ₹0.15 | ₹-4.65 | ₹4.61 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Construction | ₹69.06 Cr | -₹8.9 Cr | - | - |
| Toll Collection and Operation and Maintenance | ₹898.31 Cr | ₹290.41 Cr | - | - |
Shareholding Pattern of Mep Infrastructure Developers Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 25.68%, foreign institutional investors hold 0.12%, domestic institutional investors hold 4.41%, retail and other public shareholders hold 69.80% of Mep Infrastructure Developers Limited. The company had 33,432 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 25.68% | 25.95% | 25.87% | 26.76% | 28.23% | 28.23% |
| Public | 74.32% | 74.05% | 74.13% | 73.24% | 71.77% | 71.77% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 25.68% | 28.23% | 32.41% | 42.36% | 58.16% | 62.04% | 65.46% | 65.18% | 69.87% | 69.52% | 69.36% |
| Public | 74.32% | 71.77% | 67.59% | 57.64% | 41.84% | 37.96% | 34.52% | 34.82% | 30.13% | 30.48% | 30.64% |
| Promoter change (YoY, %pts) | -2.55 | -4.18 | -9.95 | -15.80 | -3.88 | -3.42 | +0.28 | -4.69 | +0.35 | +0.16 | - |
Board & Governance of Mep Infrastructure Developers Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mep Infrastructure Developers Limited has 6 directors - 3 independent and 1 executive. The board is chaired by Jayant Dattatray Mhaiskar.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Jayant Dattatray Mhaiskar | Executive Director · MD · Chairperson | 2002-08-08 | 1 |
| Anuya Jayant Mhaiskar | Non-Executive - Non Independent Director | 2006-08-19 | 1 |
| Arvind Narayan Vinze | Non-Executive - Non Independent Director | 2023-11-14 | 1 |
| Prakash Dattatray Naringrekar | Non-Executive - Independent Director | 2021-09-09 | 1 |
| Neeraj Vasant Hardikar | Non-Executive - Independent Director | 2022-11-14 | 1 |
| Anand Arun Desai | Non-Executive - Independent Director | 2022-11-14 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Neeraj Vasant Hardikar (Chairperson), Anand Arun Desai, Jayant Dattatray Mhaiskar, Prakash Dattatray Naringrekar |
| Nomination and remuneration committee | Neeraj Vasant Hardikar (Chairperson), Anuya Jayant Mhaiskar, Prakash Dattatray Naringrekar |
| Stakeholders Relationship Committee | Anuya Jayant Mhaiskar (Chairperson), Jayant Dattatray Mhaiskar, Anand Arun Desai |
| Risk Management Committee | Jayant Dattatray Mhaiskar (Chairperson), Arvind Narayan Vinze, Dinesh Padalkar |
| Corporate Social Responsibility Committee | Anuya Jayant Mhaiskar (Chairperson), Neeraj Vasant Hardikar, Arvind Narayan Vinze |
Group Structure of Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited has 30 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Mep Infrastructure Developers Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mep Roads & Bridges Private Limited | U45201MH2014PTC256362 | - |
| Mep Sanjose Kante Waked Road Private Limited | U45201MH2016PTC281169 | - |
| Mep Tormato Private Limited | U45202MH2014PTC257802 | - |
| Mep Infrastructure Private Limited | U45203MH2010PTC199329 | - |
| Balaji Toll Road Private Limited | U45203MH2010PTC203853 | - |
| Mep Nagzari Toll Road Private Limited | U45203MH2012PTC237785 | - |
Showing major subsidiaries. Total: 30.
Charges & Borrowings of Mep Infrastructure Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2021 | Others | ₹2.59 Cr | Open |
| 27 Mar 2021 | Others | ₹8.46 Cr | Open |
| 04 Dec 2020 | Others | ₹3 Cr | Open |
| 20 Feb 2020 | Others | ₹12.25 Cr | Open |
| 20 Feb 2020 | Others | ₹4 Cr | Open |
Total charge records: 90 View all charges
Employees and EPFO Compliance at Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited has a workforce of 25 employees as of Jan 20, 2026.
Employee and EPFO history for Mep Infrastructure Developers Limited
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GST Compliance of Mep Infrastructure Developers Limited
GST registrations and filing compliance for Mep Infrastructure Developers Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mep Infrastructure Developers Limited
Credit ratings, litigation, and regulatory alerts for Mep Infrastructure Developers Limited
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MSME Payment Delays by Mep Infrastructure Developers Limited
MSME payment history for Mep Infrastructure Developers Limited
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Subsidiaries & Group Companies of Mep Infrastructure Developers Limited
Corporate group structure for Mep Infrastructure Developers Limited
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MCA Filings & Documents of Mep Infrastructure Developers Limited
MCA filings and documents for Mep Infrastructure Developers Limited
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Recent Activity on Mep Infrastructure Developers Limited
Recent News on Mep Infrastructure Developers Limited
Frequently Asked Questions about Mep Infrastructure Developers Limited
Mep Infrastructure Developers Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Mep Infrastructure Developers Limited is a company under insolvency, formerly operating as a public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 08 August 2002 and is registered under CIN L45200MH2002PLC136779. Listed on BSE: 539126 and NSE: MEP. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mep Infrastructure Developers Limited reported revenue of ₹50.46 Cr for FY 2024 based on standalone NSE filings.
The current directors and KMP of Mep Infrastructure Developers Limited are:
- Jayant Dattatray Mhaiskar - Managing Director
- Anuya Jayant Mhaiskar - Director
- Prakash Dattatraya Naringrekar - Director
- Subodh Ramchandra Garud - Ceo
- Neeraj Vasant Hardikar - Director
- Anand Arun Desai - Director
- Arvind Narayan Vinze - Director
The CIN (Corporate Identification Number) of Mep Infrastructure Developers Limited is L45200MH2002PLC136779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mep Infrastructure Developers Limited is listed on both BSE (code: 539126) and NSE (symbol: MEP).