
About Mep Infrastructure Developers Limited
Data last updated: 30 September 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 the latest standalone financials for FY 2023-24, the company reported a revenue of ₹50.46 Cr, a decline of 15.24% compared to the previous year.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2102 Floor – 21St Plot – 62 Kesar Equinox Sir Bhalchandra Road Hindu Colony Dada, R (East), Mumbai, Maharashtra, India – 400014
- 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 |
|---|---|---|---|
| | Provider of construction services | Dothan, United States, United States | 2001 |
| | Road infrastructure development and management services are provided internationally. | Melbourne, Australia, Australia | 1995 |
| | EPC provider for infrastructure projects and manufacturer of related materials | Udaipur, India, India | 1995 |
| | Developer and operator of transportation infrastructure projects, including highways and tunnels | Mumbai, India, India | 2000 |
| | Road infrastructure development is managed by Hazoor. | Mumbai, India, India | 1992 |
| | Road infrastructure development services are provided worldwide. | Paris, France, France | 1929 |
| | Provider of road infrastructure development services | Brisbane, Australia, Australia | 1970 |
| | Railroad infrastructure development services are provided by American Track. | Fort Worth, United States, United States | 2021 |
| | 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 |
|---|---|---|---|---|
| Jayant Dattatray Mhaiskar Also directs: Jarr Infrastructure Llp, Mhaiskar Landmarks Private Limited, Ideal Toll & Infrastructure Private Limited and 2 more | Managing Director | 08 Aug 2002 | 24 Years 1 Months | As last reported |
| Anuya Jayant Mhaiskar Also directs: Mep Infrastructure Private Limited, Jarr Infrastructure Llp, Hungry Munch Llp and 5 more | Director | 19 Aug 2006 | 20 Years 1 Months | As last reported |
| Prakash Dattatraya Naringrekar | Director | 09 Sep 2021 | 5 Years 0 Months | As last reported |
| Subodh Ramchandra Garud Also directs: Rektron Globe Private Limited, Terasil Infra Private Limited, Chourangi Infrastructure & Technology Private Limited and 1 more | Ceo | 14 Feb 2019 | 7 Years 7 Months | As last reported |
| Neeraj Vasant Hardikar | Director | 14 Nov 2022 | 3 Years 10 Months | As last reported |
| Anand Arun Desai Also directs: Mep Infrastructure Private Limited | Director | 14 Nov 2022 | 3 Years 10 Months | As last reported |
Financials of Mep Infrastructure Developers Limited FY 2023-24 filings available
Mep Infrastructure Developers Limited reported revenue of ₹50.46 Cr (down 15.24% YoY) for FY 2023-24.
Financial Highlights
FY 2022-23 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 245 | 967 | 1,123 | 2,056 | 2,815 | 2,322 | 1,729 |
| Revenue growth | -39.6% | -9.6% | -56.2% | -9.9% | +30.1% | +229.2% | +17.6% |
| EBITDA | (162) | 295 | 379 | 358 | 929 | 873 | 1,289 |
| EBITDA margin | -66.2% | +30.5% | +33.7% | +17.4% | +33.0% | +37.6% | +74.5% |
| Profit before tax | (224) | (172) | (51.05) | (43.25) | 95.01 | 109 | 172 |
| Net profit | (259) | (277) | 16.40 | (258) | 74.50 | 70.89 | 8.61 |
| Net profit margin | -106.0% | -28.7% | +1.5% | -12.6% | +2.7% | +3.1% | +0.5% |
| EPS (₹) | (11.78) | (12.02) | (4.18) | (4.21) | 3.07 | 4.37 | 6.70 |
| Balance sheet | |||||||
| Total assets | (50.60) | 1,998 | 2,458 | 2,663 | 3,398 | 3,542 | 3,676 |
| Net worth | (466) | (114) | 105 | 181 | 266 | 59.83 | (7.91) |
| Total debt | 414 | 2,097 | 2,303 | 2,431 | 2,768 | 3,032 | 2,958 |
| Cash & bank | 14.86 | 44.85 | 48.45 | 91.39 | 113 | 113 | 144 |
| Net working capital | (295) | (340) | (54.61) | 145 | 138 | (253) | (294) |
| Cash flow | |||||||
| Cash from operations | 378 | 306 | 547 | 767 | 503 | 710 | 463 |
| Cash from investing | (16.10) | 113 | (71.69) | (30.77) | (19.21) | (373) | (57.07) |
| Cash from financing | (361) | (415) | (497) | (743) | (482) | (338) | (426) |
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.65 | 13.42 | 6.32 | 10.72 | 2.49 | 81.09 | 150 | 234 |
| Revenue growth (YoY) | +649.0% | -83.5% | -95.8% | -95.4% | -99.0% | -62.7% | -45.7% | -17.2% |
| Other income | 0.26 | 11.32 | 24.27 | 30.46 | 14.52 | 12.63 | 17.39 | 49.95 |
| EBITDA | (96.68) | (35.21) | (51.54) | (85.99) | (49.57) | (18.67) | (15.06) | (58.32) |
| EBITDA margin | -518.4% | -262.4% | -815.5% | -802.1% | -1990.8% | -23.0% | -10.0% | -24.9% |
| Depreciation | 0.73 | 0.71 | 1.51 | 1.53 | 2.08 | 19.49 | 40.01 | 69.02 |
| Interest | 15.96 | 24.09 | 13.52 | 6.18 | 14.93 | 19.48 | 26.06 | 73.83 |
| Profit before tax | (113) | (48.69) | (42.30) | (63.24) | (52.06) | (45.01) | (63.74) | (151) |
| Tax | 3.07 | 3.05 | (0.74) | 0.11 | (0.26) | 0.35 | 0.28 | 11.35 |
| Net profit | (116) | (51.74) | (41.56) | (63.35) | (51.80) | (45.36) | (64.02) | (163) |
| EPS (₹) | (6.29) | (2.81) | (2.27) | (3.45) | (2.82) | (2.47) | (3.49) | (8.86) |
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 50.46 | 59.53 | 194 | 367 | 1,370 | 1,869 | 1,477 |
| Revenue growth | +404.6% | -17.1% | -63.7% | -65.3% | -11.0% | +31.2% | +668.9% |
| EBITDA | (724) | (93.98) | 9.07 | (143) | (97.74) | 220 | 220 |
| EBITDA margin | -1435.0% | -157.9% | +4.7% | -38.9% | -7.1% | +11.8% | +14.9% |
| Profit before tax | (757) | (131) | (43.56) | (224) | (185) | 46.96 | 63.83 |
| Net profit | (698) | (131) | (101) | (127) | (141) | 30.05 | 40.08 |
| Net profit margin | -1383.6% | -220.7% | -52.1% | -34.5% | -10.3% | +1.6% | +2.7% |
| EPS (₹) | (40.67) | (7.16) | (2.48) | (12.11) | (7.67) | 1.64 | 2.47 |
| Balance sheet | |||||||
| Total assets | - | 642 | 773 | 863 | 1,238 | 1,452 | 1,235 |
| Net worth | - | 297 | 404 | 448 | 670 | 818 | 638 |
| Total debt | - | 272 | 288 | 341 | 419 | 399 | 363 |
| Cash & bank | - | 13.94 | 25.57 | 34.13 | 57.04 | 56.39 | 56.88 |
| Net working capital | - | (290) | (302) | (367) | (74.78) | 241 | 101 |
| Cash flow | |||||||
| Cash from operations | - | 5.76 | (152) | 103 | 189 | (120) | 281 |
| Cash from investing | - | 11.78 | 248 | 45.05 | (107) | (15.77) | (205) |
| Cash from financing | - | (16.11) | (97.44) | (152) | (83.43) | 129 | (80.19) |
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.49 | 10.92 | 2.91 | 16.15 | 20.12 | 15.88 | 7.70 | 15.84 |
| Revenue growth (YoY) | +1.8% | -31.2% | -62.2% | +2.0% | -38.2% | -65.8% | -77.8% | -80.3% |
| Other income | 5.55 | 0.19 | 1.30 | 3.05 | 4.21 | 4.79 | 2.97 | 0.62 |
| Total expenses | 620 | 93.67 | 30.16 | 30.72 | 80.46 | 12.80 | 16.43 | 44.24 |
| EBITDA | (600) | (82.75) | (27.25) | (14.57) | (60.34) | 3.08 | (8.73) | (28.40) |
| EBITDA margin | -2926.0% | -757.8% | -936.4% | -90.2% | -299.9% | +19.4% | -113.4% | -179.3% |
| Depreciation | 0.63 | 0.69 | 0.71 | 1.35 | 1.36 | 1.90 | 1.90 | 2.79 |
| Interest | 8.96 | 8.95 | 12.53 | 8.94 | 12.52 | 8.91 | 9.07 | 11.20 |
| Profit before tax | (604) | (92.20) | (39.19) | (21.81) | (70.01) | (2.94) | (16.73) | (41.77) |
| Tax | 1.33 | 0.61 | 0.32 | (1.74) | (0.29) | 0.11 | 0.01 | 0.12 |
Financial Statements
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.65 | 13.42 | 6.32 | 10.72 | 2.49 | 81.09 | 150 | 234 |
| Revenue growth (YoY) | +649.0% | -83.5% | -95.8% | -95.4% | -99.0% | -62.7% | -45.7% | -17.2% |
| Other income | 0.26 | 11.32 | 24.27 | 30.46 | 14.52 | 12.63 | 17.39 | 49.95 |
| EBITDA | (96.68) | (35.21) | (51.54) | (85.99) | (49.57) | (18.67) | (15.06) | (58.32) |
| EBITDA margin | -518.4% | -262.4% | -815.5% | -802.1% | -1990.8% | -23.0% | -10.0% | -24.9% |
| Depreciation | 0.73 | 0.71 | 1.51 | 1.53 | 2.08 | 19.49 | 40.01 | 69.02 |
| Interest | 15.96 | 24.09 | 13.52 | 6.18 | 14.93 | 19.48 | 26.06 | 73.83 |
| Profit before tax | (113) | (48.69) | (42.30) | (63.24) | (52.06) | (45.01) | (63.74) | (151) |
| Tax | 3.07 | 3.05 | (0.74) | 0.11 | (0.26) | 0.35 | 0.28 | 11.35 |
| Net profit | (116) | (51.74) | (41.56) | (63.35) | (51.80) | (45.36) | (64.02) | (163) |
| EPS (₹) | (6.29) | (2.81) | (2.27) | (3.45) | (2.82) | (2.47) | (3.49) | (8.86) |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Revenue | 245 | 967 | 1,123 | 2,056 | 2,815 | 2,322 | 1,729 |
| Revenue growth | -39.6% | -9.6% | -56.2% | -9.9% | +30.1% | +229.2% | +17.6% |
| Other income | 67.55 | 77.77 | 166 | 406 | 125 | 125 | 244 |
| Total expenses | 406 | 673 | 745 | 1,699 | 1,886 | 1,449 | 440 |
| Employee cost | 22.71 | 53.55 | 78.97 | 105 | 121 | 85.20 | 73.35 |
| EBITDA | (162) | 295 | 379 | 358 | 929 | 873 | 1,289 |
| EBITDA margin | -66.2% | +30.5% | +33.7% | +17.4% | +33.0% | +37.6% | +74.5% |
| Depreciation | 63.10 | 256 | 253 | 392 | 494 | 419 | 868 |
| Interest | 66.64 | 289 | 343 | 414 | 464 | 470 | 493 |
| Profit before tax | (224) | (172) | (51.05) | (43.25) | 95.01 | 109 | 172 |
| Tax | 0.49 | 52.97 | 25.73 | 42.87 | 39.02 | 38.30 | 63.25 |
| Net profit | (259) | (277) | 16.40 | (258) | 74.50 | 70.89 | 8.61 |
| Net profit margin | -106.0% | -28.7% | +1.5% | -12.6% | +2.7% | +3.1% | +0.5% |
| EPS (₹) | (11.78) | (12.02) | (4.18) | (4.21) | 3.07 | 4.37 | 6.70 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 183 | 183 | 183 | 183 | 183 | 163 | 163 |
| Reserves & surplus | (673) | (298) | (78.87) | (2.13) | 82.06 | (103) | (170) |
| Shareholders' funds (net worth) | (466) | (114) | 105 | 181 | 266 | 59.83 | (7.91) |
| Minority interest | (0.51) | 7.91 | 12.79 | 12.94 | (0.15) | 0.00 | 0.00 |
| Secured loans | 217 | 1,150 | 1,710 | 1,833 | 2,229 | 2,645 | 2,716 |
| Unsecured loans | 197 | 947 | 593 | 598 | 539 | 387 | 242 |
| Total debt | 414 | 2,097 | 2,303 | 2,431 | 2,768 | 3,032 | 2,958 |
| Total liabilities | (50.60) | 1,998 | 2,458 | 2,663 | 3,398 | 3,542 | 3,676 |
| Assets | |||||||
| Gross block | 1,579 | 3,570 | 4,013 | 3,985 | 4,199 | 5,506 | 5,168 |
| Net block | 44.80 | 1,124 | 1,265 | 1,478 | 2,082 | 2,479 | 2,465 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 26.38 | 26.68 | 28.15 |
| Investments | 65.12 | 85.34 | 317 | 332 | 280 | 240 | 166 |
| Inventories | 3.67 | 4.90 | 14.43 | 14.29 | 11.17 | 0.00 | 0.00 |
| Sundry debtors | 20.62 | 2.46 | 67.93 | 40.01 | 82.45 | 86.44 | 35.40 |
| Cash & bank balances | 14.86 | 44.85 | 48.45 | 91.39 | 113 | 113 | 144 |
| Loans & advances | 2,923 | 1,309 | 2,110 | 2,235 | 1,741 | 944 | 746 |
| Total current assets | 2,962 | 1,361 | 2,240 | 2,381 | 1,947 | 1,143 | 926 |
| Total current liabilities | 3,258 | 1,701 | 2,295 | 2,236 | 1,809 | 1,396 | 1,220 |
| Net working capital | (295) | (340) | (54.61) | 145 | 138 | (253) | (294) |
| Total assets | (50.60) | 1,998 | 2,458 | 2,663 | 3,398 | 3,542 | 3,676 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.00 | 8.71 | 30.22 | 36.68 | 34.60 | 35.38 | 55.30 |
| Net cash from operating activities | 378 | 306 | 547 | 767 | 503 | 710 | 463 |
| Net cash from investing activities | (16.10) | 113 | (71.69) | (30.77) | (19.21) | (373) | (57.07) |
| Net cash from financing activities | (361) | (415) | (497) | (743) | (482) | (338) | (426) |
| Net change in cash | 0.92 | 4.29 | (21.50) | (6.47) | 2.08 | (0.78) | (19.91) |
| Closing cash | 14.86 | 44.85 | 48.45 | 91.39 | 113 | 113 | 144 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -74.7% | -13.9% | -45.4% | -26.9% | +21.2% | +34.3% | -9.2% |
| EBITDA growth | - | -22.2% | +5.9% | -61.5% | +6.5% | -32.3% | -15.8% |
| PBT growth | -29.9% | -237.9% | -18.0% | - | -13.1% | -36.5% | +9998.0% |
| Net income growth | +6.5% | - | +9998.0% | - | +5.1% | +723.3% | +9998.0% |
| Revenue CAGR (3Y) | -50.8% | -30.0% | -21.5% | +6.0% | +13.9% | +5.0% | +13.0% |
| EBITDA CAGR (3Y) | - | -31.8% | -24.3% | -34.8% | -15.3% | +25.3% | +60.7% |
| Profitability & leverage | |||||||
| Net income margin | -91.8% | -23.3% | -6.8% | -4.2% | +2.0% | +3.1% | +6.3% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | +15.5% | +14.4% | +12.8% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | +14.6% | +16.5% | +5.4% |
| Debt / equity | 0.00 | 0.00 | 16.56 | 11.64 | 17.83 | 115.37 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 11.58 | 8.63 | 14.33 | 96.99 | 0.00 |
| Interest cover | -29.62 | 748.34 | 272.43 | -1,191.52 | 106.79 | 103.48 | 117.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.10 | 0.26 | 0.28 | 0.50 | 0.58 | 0.44 | 0.32 |
| Inventory turnover | 57.07 | 100.09 | 78.22 | 161.54 | 504.01 | 0.00 | 0.00 |
| Debtors turnover | 21.19 | 27.49 | 20.81 | 33.59 | 33.33 | 38.12 | 97.22 |
| EPS (₹) | (11.78) | (12.02) | (4.18) | (4.21) | 3.07 | 4.37 | 6.70 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.30 | 0.25 |
| Book value per share (₹) | (26.71) | (6.22) | 5.70 | 9.88 | 14.47 | 3.68 | (0.49) |
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.49 | 10.92 | 2.91 | 16.15 | 20.12 | 15.88 | 7.70 | 15.84 |
| Revenue growth (YoY) | +1.8% | -31.2% | -62.2% | +2.0% | -38.2% | -65.8% | -77.8% | -80.3% |
| Other income | 5.55 | 0.19 | 1.30 | 3.05 | 4.21 | 4.79 | 2.97 | 0.62 |
| Total expenses | 620 | 93.67 | 30.16 | 30.72 | 80.46 | 12.80 | 16.43 | 44.24 |
| EBITDA | (600) | (82.75) | (27.25) | (14.57) | (60.34) | 3.08 | (8.73) | (28.40) |
| EBITDA margin | -2926.0% | -757.8% | -936.4% | -90.2% | -299.9% | +19.4% | -113.4% | -179.3% |
| Depreciation | 0.63 | 0.69 | 0.71 | 1.35 | 1.36 | 1.90 | 1.90 | 2.79 |
| Interest | 8.96 | 8.95 | 12.53 | 8.94 | 12.52 | 8.91 | 9.07 | 11.20 |
| Profit before tax | (604) | (92.20) | (39.19) | (21.81) | (70.01) | (2.94) | (16.73) | (41.77) |
| Tax | 1.33 | 0.61 | 0.32 | (1.74) | (0.29) | 0.11 | 0.01 | 0.12 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 50.46 | 59.53 | 194 | 367 | 1,370 | 1,869 | 1,477 |
| Revenue growth | +404.6% | -17.1% | -63.7% | -65.3% | -11.0% | +31.2% | +668.9% |
| Other income | 10.09 | 12.60 | 72.49 | 24.57 | 34.38 | 13.05 | 14.03 |
| Total expenses | 775 | 154 | 185 | 510 | 1,467 | 1,649 | 1,257 |
| Employee cost | 0.00 | 13.95 | 29.09 | 50.29 | 65.13 | 76.27 | 46.38 |
| EBITDA | (724) | (93.98) | 9.07 | (143) | (97.74) | 220 | 220 |
| EBITDA margin | -1435.0% | -157.9% | +4.7% | -38.9% | -7.1% | +11.8% | +14.9% |
| Depreciation | 3.38 | 7.96 | 82.10 | 42.76 | 51.80 | 122 | 118 |
| Interest | 39.38 | 42.11 | 43.02 | 62.85 | 70.33 | 64.28 | 51.96 |
| Profit before tax | (757) | (131) | (43.56) | (224) | (185) | 46.96 | 63.83 |
| Tax | 0.53 | (0.05) | 1.97 | (1.64) | (44.80) | 16.90 | 23.68 |
| Net profit | (698) | (131) | (101) | (127) | (141) | 30.05 | 40.08 |
| Net profit margin | -1383.6% | -220.7% | -52.1% | -34.5% | -10.3% | +1.6% | +2.7% |
| EPS (₹) | (40.67) | (7.16) | (2.48) | (12.11) | (7.67) | 1.64 | 2.47 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 183 | 183 | 183 | 183 | 183 | 163 |
| Reserves & surplus | - | 89.56 | 220 | 265 | 487 | 634 | 475 |
| Shareholders' funds (net worth) | - | 297 | 404 | 448 | 670 | 818 | 638 |
| Secured loans | - | 129 | 180 | 219 | 294 | 310 | 318 |
| Unsecured loans | - | 142 | 108 | 122 | 125 | 89.03 | 45.21 |
| Total debt | - | 272 | 288 | 341 | 419 | 399 | 363 |
| Total liabilities | - | 642 | 773 | 863 | 1,238 | 1,452 | 1,235 |
| Assets | |||||||
| Gross block | - | 169 | 188 | 195 | 169 | 70.40 | 1,380 |
| Net block | - | 17.83 | 35.80 | 87.85 | 92.62 | 43.38 | 73.11 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 424 | 841 | 853 | 853 | 819 | 779 |
| Inventories | - | 3.67 | 4.90 | 14.43 | 14.29 | 11.17 | 0.00 |
| Sundry debtors | - | 17.52 | 3.63 | 66.02 | 53.18 | 77.95 | 87.62 |
| Cash & bank balances | - | 13.94 | 25.57 | 34.13 | 57.04 | 56.39 | 56.88 |
| Loans & advances | - | 668 | 657 | 1,352 | 1,418 | 1,187 | 751 |
| Total current assets | - | 703 | 691 | 1,466 | 1,542 | 1,333 | 895 |
| Total current liabilities | - | 993 | 993 | 1,833 | 1,617 | 1,092 | 794 |
| Net working capital | - | (290) | (302) | (367) | (74.78) | 241 | 101 |
| Total assets | - | 642 | 773 | 863 | 1,238 | 1,452 | 1,235 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 2.16 | 3.34 | 7.99 | 8.81 | 14.92 | 19.25 |
| Net cash from operating activities | - | 5.76 | (152) | 103 | 189 | (120) | 281 |
| Net cash from investing activities | - | 11.78 | 248 | 45.05 | (107) | (15.77) | (205) |
| Net cash from financing activities | - | (16.11) | (97.44) | (152) | (83.43) | 129 | (80.19) |
| Net change in cash | - | 1.43 | (1.18) | (4.66) | (0.82) | (6.11) | (4.33) |
| Closing cash | - | 13.94 | 25.57 | 34.13 | 57.04 | 56.39 | 56.88 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -15.2% | -69.3% | -47.1% | -73.2% | -26.7% | +26.6% | +89.1% |
| EBITDA growth | -670.5% | - | +9998.0% | -46.0% | - | +0.1% | -64.3% |
| PBT growth | -475.7% | -201.8% | +80.5% | -20.6% | - | -26.4% | +138.4% |
| Net income growth | -431.3% | -29.9% | +20.1% | +10.0% | - | -25.0% | +130.0% |
| Revenue CAGR (3Y) | -48.4% | -64.8% | -53.0% | -37.1% | +20.6% | +39.1% | +17.6% |
| EBITDA CAGR (3Y) | +71.9% | -1.3% | -65.5% | - | - | -29.2% | +75.8% |
| Profitability & leverage | |||||||
| Net income margin | -1500.8% | -220.7% | -23.5% | -60.5% | -10.3% | +1.6% | +2.7% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | -8.6% | +8.3% | +8.8% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | -18.9% | +4.1% | +6.5% |
| Debt / equity | - | 0.80 | 0.74 | 0.68 | 0.55 | 0.52 | 0.61 |
| Long-term debt / equity | - | 0.22 | 0.29 | 0.28 | 0.27 | 0.31 | 0.34 |
| Interest cover | -5.41 | -41.31 | -58.91 | -33.89 | -47.03 | 65.46 | 51.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.33 | 1.01 | 2.01 | 11.42 | 2.58 | 1.05 |
| Inventory turnover | - | 13.89 | 20.09 | 25.57 | 107.59 | 334.69 | 0.00 |
| Debtors turnover | - | 5.63 | 5.58 | 6.16 | 20.89 | 22.58 | 24.02 |
| EPS (₹) | (40.67) | (7.16) | (2.48) | (12.11) | (7.67) | 1.64 | 2.47 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.30 |
| Book value per share (₹) | 0.00 | 14.88 | 22.02 | 24.42 | 36.54 | 44.57 | 39.24 |
Shareholding Pattern of Mep Infrastructure Developers Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 23.40%, foreign institutional investors hold 0.10%, domestic institutional investors hold 4.40%, retail and other public shareholders hold 72.10% of Mep Infrastructure Developers Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 23.40% | 25.70% | 26.00% | 25.90% |
| Public | 76.60% | 74.30% | 74.00% | 74.10% |
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
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mep Infrastructure Developers Limited
GST registrations and filing compliance for Mep Infrastructure Developers Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mep Infrastructure Developers Limited
Credit ratings, litigation, and regulatory alerts for Mep Infrastructure Developers Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mep Infrastructure Developers Limited
MSME payment history for Mep Infrastructure Developers Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mep Infrastructure Developers Limited
Corporate group structure for Mep Infrastructure Developers Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mep Infrastructure Developers Limited
MCA filings and documents for Mep Infrastructure Developers Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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 2023-24 (down 15.24% YoY) based on standalone financials.
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).