
MH Infraprojects Limited
About MH Infraprojects Limited
Data last updated:
MH Infraprojects Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1981PLC004179. Its GSTIN is 24AAACM9900G3ZN (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹21.72 Cr. It was formerly known as Mh Mills and Industries Limited. It is led by directors including Umang Hiralal Thakkar (Whole-Time Director) and Sangitaben Vinodbhai Chatwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.83 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Lakh (net margin 0.9%) and EBITDA of ₹9.61 Cr (EBITDA margin 339.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹1,194.2 Cr and satisfied charges of ₹68.79 Cr on record. Court records list 124 cases involving the company, including 25 filed by the company and 36 filed against it; 14 cases are pending. The company has 24 deals on record (24 market trades); the latest was in April 2009.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey – 419 Dharmdev House Nr. Jain Derasar 132 Ft. Road Nr. Shyamal Cross Road Sa, Tellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of MH Infraprojects Limited
The main business activity of MH Infraprojects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MH Infraprojects Limited FY 2024 filings available
MH Infraprojects Limited reported revenue of ₹2.83 Cr (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MH Infraprojects Limited
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 9% 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 of MH Infraprojects Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.5 Lakh | •••• | •••• | •••• | •••• |
| 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 of MH Infraprojects Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 339.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MH Infraprojects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of MH Infraprojects Limited
MH Infraprojects Limited is audited by A R SARAIYA & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R SARAIYA & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MH Infraprojects Limited
MH Infraprojects has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanaklataben Umangkumar Thakkar Also directs: Kanth Avenue LLP, M H Packaging (India) Limited, Dharmadev Infrastructure Limited and 5 more | Additional Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Sangitaben Vinodbhai Chatwani Also directs: Dharmadev Infrastructure Limited | Director | 26 Jun 2015 | 11 Years 3 Months | Current |
| Vikas Krishnakumar Modi Also directs: Nisus Finance & Investment Managers LLP, Nisus Finance Projects LLP, Nisus Finance Services Co Limited and 4 more | Nominee Director | 08 Jun 2023 | 3 Years 3 Months | Current |
| Vitthal Nawandhar Also directs: Hiren Wahen Buildtech Private Limited, Mayur Leather Products Limited, Swaminarayan Galleria Private Limited and 2 more | Nominee Director | 24 Jul 2025 | 1 Years 2 Months | Current |
| Amit Anil Goenka | Nominee Director | 08 Jun 2023 | 3 Years 3 Months | Current |
| Umang Hiralal Thakkar Also directs: Kanth Avenue LLP, M H Packaging (India) Limited, Dharmadev Infrastructure Limited and 5 more | Whole-Time Director | 02 Jan 2020 | 6 Years 9 Months | Current |
Ownership and Shareholding of MH Infraprojects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MH Infraprojects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2025 | Others | ₹665.54 Cr | Open |
| 28 May 2024 | Others | ₹155 Cr | Open |
| 08 Jun 2023 | Others | ₹60 Cr | Open |
| 08 Jan 2018 | Others | ₹120 Cr | Open |
| 24 Mar 1999 | Jm Financial Asset Reconstruction Company Private Limited | ₹34.32 Cr | Open |
Total charge records: 29 View all charges
Deals & Funding of MH Infraprojects Limited
MH Infraprojects Limited has 24 deals on record (24 market trades); the latest was in April 2009.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2009 | Market trade | ₹4.7 Lakh | Buyer: Aabhar Holdings Private Limited Seller: Saurin Jitendra Shah Huf |
| Apr 2009 | Market trade | ₹20.9 Lakh | Buyer: Harihar Cloth Agency Private Limited , Birenbhai Deepakbhai Huf, an individual Seller: Ventura Guaranty Limited , Saurin Jitendra Shah Huf |
| Apr 2009 | Market trade | ₹10.2 Lakh | Buyer: an individual Seller: Aabhar Holdings Private Limited |
| Mar 2009 | Market trade | ₹5.7 Lakh | Buyer: Aabhar Holding Pvt Ltd Seller: Malibu Kapital Limited |
| Mar 2009 | Market trade | ₹15.2 Lakh | Buyer: Ventura Guaranty Limited Seller: Malibu Kapital Limited |
Full deal history
All 24 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of MH Infraprojects Limited
MH Infraprojects Limited has 124 court cases on record: 25 filed by MH Infraprojects, 36 filed against it, 63 where it is another party. 14 cases are pending and 110 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 88 | 9 | 0 |
| District courts | 36 | 27 | 14 |
Cases on record (5 of 124)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Phoenix Arc Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Torrent Power Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Torrent Power Limited | Disposed |
| High Court of Gujarat | Commercial suit | Filed against the company by Asset Reconstruction Company (India) Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Torrent Power Limited | Disposed |
Full case history
All 124 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at MH Infraprojects Limited
Employment history and EPFO contributions of people linked to MH Infraprojects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of MH Infraprojects Limited
MH Infraprojects has one previous CIN (Corporate Identification Number): L17110GJ1981PLC004179. The current CIN is U17110GJ1981PLC004179, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110GJ1981PLC004179 | Current |
| L17110GJ1981PLC004179 | Previous |
Recent Activity on MH Infraprojects Limited
MH Infraprojects Limited has 25 board changes on record since 2007: 6 appointments and 19 cessations. The latest: Vitthal Nawandhar was appointed as Nominee Director on 24 Jul 2025.
73 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MH Infraprojects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 MH Infraprojects Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 MH Infraprojects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MH Infraprojects Limited
MH Infraprojects has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACM9900G3ZN | Gujarat | Active | 07 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MH Infraprojects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MH Infraprojects Limited
MH Infraprojects is an active public limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 March 1981 (45+ years old) and is registered under CIN U17110GJ1981PLC004179.
MH Infraprojects reported revenue of ₹2.83 Cr for FY 2024 (down 81% YoY).
MH Infraprojects has 6 current directors:
- Umang Hiralal Thakkar - Whole-Time Director
- Kanaklataben Umangkumar Thakkar - Additional Director
- Sangitaben Vinodbhai Chatwani - Director
- Vikas Krishnakumar Modi - Nominee Director
- Vitthal Nawandhar - Nominee Director
- Amit Anil Goenka - Nominee Director
MH Infraprojects reported a net profit of ₹2.5 Lakh (net margin 0.9%) and EBITDA of ₹9.61 Cr (EBITDA margin 339.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MH Infraprojects is -27% over three years and 18% over five years. In the latest year (FY 2024) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MH Infraprojects is 24AAACM9900G3ZN, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of MH Infraprojects is U17110GJ1981PLC004179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MH Infraprojects has 124 court cases on record: 25 filed by the company and 36 filed against it. 14 are pending. Most are in the high courts.
MH Infraprojects was incorporated on 10 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
MH Infraprojects has 24 deals on record (24 market trades); the latest was in April 2009.