Mep Infrastructure Developers Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L45200MH2002PLC136779 Incorporated 08 August 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Listed - NSE: MEP · BSE: 539126 Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2024
₹50.46 Cr
Exchange filings
EBITDA · FY 2024
-₹654.8 Cr
Exchange filings
Net profit · FY 2024
-₹757.3 Cr
Exchange filings
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹186.2 Cr
Issued & subscribed
Open charges
₹6,191.42 Cr
Satisfied ₹993.53 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
25
Latest available

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 the financials filed for FY 2023, the company reported a revenue of ₹269.1 Cr, a decline of 73% 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.

Company Details of Mep Infrastructure Developers Limited
CIN L45200MH2002PLC136779
Registration Number 136779
Incorporation Date 08 August 2002
ROC Mumbai
Listing Status Listed (BSE: 539126, NSE: MEP)
Company Status Under CIRP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    2102 Floor – 21St Plot – 62 Kesar Equinox Sir Bhalchandra Road Hindu Colony Dada, R (East), Mumbai, Maharashtra, India – 400014
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction
Company report
Mep Infrastructure Developers Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Mep Infrastructure Developers Limited in one report.

10-year financials Directors & ownership Charges & compliance

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 Construction Partners Provider of construction services Dothan, United States, United States 2001
Transurban Transurban Road infrastructure development and management services are provided internationally. Melbourne, Australia, Australia 1995
G R Infraprojects G R Infraprojects EPC provider for infrastructure projects and manufacturer of related materials Udaipur, India, India 1995
IL&FS Transportation IL&FS Transportation Developer and operator of transportation infrastructure projects, including highways and tunnels Mumbai, India, India 2000
Hazoor Hazoor Road infrastructure development is managed by Hazoor. Mumbai, India, India 1992
Colas Colas Road infrastructure development services are provided worldwide. Paris, France, France 1929
SMEC SMEC Provider of road infrastructure development services Brisbane, Australia, Australia 1970
American Track American Track Railroad infrastructure development services are provided by American Track. Fort Worth, United States, United States 2021
FCC Construccion FCC Construccion 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 *********

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 blur-value blur-value blur-value

Board of Directors of Mep Infrastructure Developers Limited

Mep Infrastructure Developers Limited is currently managed by 9 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Jayant Dattatray Mhaiskar Managing Director 08 Aug 2002 23 Years 11 Months As last reported
Anuya Jayant Mhaiskar Director 19 Aug 2006 19 Years 10 Months As last reported
Arvind Narayan Vinze Director 14 Nov 2023 2 Years 7 Months As last reported
Prakash Dattatraya Naringrekar Director 09 Sep 2021 4 Years 10 Months As last reported
Anand Arun Desai Director 14 Nov 2022 3 Years 7 Months As last reported
Neeraj Vasant Hardikar Director 14 Nov 2022 3 Years 7 Months As last reported
Showing 6 of 9 current directors. View all directors

Financials of Mep Infrastructure Developers Limited FY 2024 filings available

Mep Infrastructure Developers Limited reported revenue of ₹50.46 Cr (up ) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2024
₹50.46 Cr
Profit · FY 2024
-₹757.3 Cr
EBITDA · FY 2024
-₹654.8 Cr
Revenue₹ Cr · Standalone05001,0001,500FY 2020: ₹1,370 Cr1,370FY 2020FY 2021: ₹367 Cr · -73.2% YoY367-73.2%FY 2021FY 2022: ₹194 Cr · -47.1% YoY194-47.1%FY 2022FY 2024: ₹50 Cr · -74% YoY50.5-74%FY 2024
Net Profit₹ Cr · Standalone-1,000-5000500FY 2020: ₹141 Cr (loss)-141FY 2020FY 2021: ₹222 Cr (loss) · -57.9% YoY-222FY 2021FY 2022: ₹46 Cr (loss) · +79.5% YoY-45.5FY 2022FY 2024: ₹757 Cr (loss) · -1563.3% YoY-757FY 2024
Quarterly Revenue₹ Cr · vs same quarter last year02040Q4'22: ₹33 Cr · -73.6% YoY32.6-73.6%Q4'22Q1'23: ₹16 Cr · -80.3% YoY15.8-80.3%Q1'23Q2'23: ₹8 Cr · -77.8% YoY7.7-77.8%Q2'23Q3'23: ₹16 Cr · -65.8% YoY15.9-65.8%Q3'23Q1'24: ₹16 Cr · -50.4% YoY16.2-50.4%Q1'24Q2'24: ₹3 Cr · -81.6% YoY2.9-81.6%Q2'24Q3'24: ₹11 Cr · +41.8% YoY10.9+41.8%Q3'24Q4'24: ₹20 Cr · +29% YoY20.5+29%Q4'24
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 16 on record.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 15 on record.
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 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Mep Infrastructure Developers Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

Promoters: 25.68%DII (Domestic Institutional): 4.41%FII (Foreign Institutional): 0.12%Retail & Others: 69.80%
Mar 2026
QUARTER
25.68% Promoters
4.41% DII (Domestic Institutional)
0.12% FII (Foreign Institutional)
69.80% Retail & Others
Promoter holding - history
Now 25.68% · Mar 2026High 69.87% · Sep 2017Low 25.68% · Mar 2026
24%35.8%47.5%59.3%71%Dec 2015Apr 2018Sep 2020Mar 2023Sep 2025Dec 2015: 67.35%Mar 2016: 69.36%Jun 2016: 69.48%Sep 2016: 69.48%Dec 2016: 69.48%Mar 2017: 69.52%Jun 2017: 69.56%Sep 2017: 69.87%Dec 2017: 69.87%Mar 2018: 69.87%Apr 2018: 61.92%Jun 2018: 61.92%Sep 2018: 63.74%Dec 2018: 65.05%Mar 2019: 65.18%Jun 2019: 65.77%Sep 2019: 65.96%Dec 2019: 65.96%Mar 2020: 65.46%Jun 2020: 61.70%Sep 2020: 61.70%Dec 2020: 61.71%Mar 2021: 62.04%Jun 2021: 61.98%Sep 2021: 61.98%Dec 2021: 58.25%Mar 2022: 58.16%Jun 2022: 57.90%Sep 2022: 44.00%Dec 2022: 43.46%Mar 2023: 42.36%Jun 2023: 41.27%Sep 2023: 39.39%Dec 2023: 39.12%Mar 2024: 32.41%Jun 2024: 30.99%Sep 2024: 30.64%Dec 2024: 28.23%Mar 2025: 28.23%Jun 2025: 26.76%Sep 2025: 25.87%Dec 2025: 25.95%Mar 2026: 25.68%69.87%25.68%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters25.68%25.95%25.87%26.76%28.23%28.23%
Public74.32%74.05%74.13%73.24%71.77%71.77%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters25.68%28.23%32.41%42.36%58.16%62.04%65.46%65.18%69.87%69.52%69.36%
Public74.32%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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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.

30
Subsidiary companies
1
Associated companies
Key Subsidiaries
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

Open charges
₹6,191.42 Cr
Satisfied charges
₹993.53 Cr
Breakdown by lending institutions
Others₹5,209.12 Cr
Idbi Bank Limited₹200.00 Cr
Yes Bank Limited₹175.00 Cr
Bank of India₹175.00 Cr
Idbi Trusteeship Services Limited₹175.00 Cr
Others₹257.29 Cr
Latest charge details
DateLenderAmountStatus
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 count
25
Active EPFO establishments
4
Employee growth
-85.63%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mep Infrastructure Developers Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
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GST Compliance of Mep Infrastructure Developers Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mep Infrastructure Developers Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mep Infrastructure Developers Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mep Infrastructure Developers Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mep Infrastructure Developers Limited

MSME Payment Delays by Mep Infrastructure Developers Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mep Infrastructure Developers Limited

Subsidiaries & Group Companies of Mep Infrastructure Developers Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mep Infrastructure Developers Limited

MCA Filings & Documents of Mep Infrastructure Developers Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mep Infrastructure Developers Limited

Directors
09 Jan 2026
Nitisha Saurabh Sohoni was appointed as a Company Secretary on 09 Jan 2026 & has been associated with this company since 6 months.
Directors
14 Nov 2023
Arvind Narayan Vinze was appointed as a Director on 14 Nov 2023 & has been associated with this company since 2 years 7 months.
Activity
30 Sep 2023
Mep Infrastructure Developers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
16 Apr 2023
A charge registered on 11 Oct 2015 via Charge ID 10603802 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 16 Apr 2023.
Charges
13 Apr 2023
A charge registered on 29 Jul 2015 via Charge ID 10590327 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 13 Apr 2023.
Charges
12 Apr 2023
A charge registered on 30 Aug 2016 via Charge ID 100051763 with Others was fully satisfied on 12 Apr 2023.

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 ₹269.1 Cr for FY 2023 (down 73.00% YoY).

The current directors of Mep Infrastructure Developers Limited are:

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).

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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