Milecon Engineering Private Limited

Milecon Engineering Private Limited - infrastructure and utilities in Porbandar, Gujarat, India. FY 2026 financials & compliance.
CIN U45400GJ2014PTC079478 Incorporated 31 March 2014 ROC Ahmedabad HQ Porbandar, Gujarat, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹35.08 Cr
▼ 5% YoY
Net profit · FY 2025
₹39.55 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.1 Cr
EBITDA margin 3.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹9.38 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
45
Provident fund records

About Milecon Engineering Private Limited

Data last updated:

Milecon Engineering Private Limited is a private limited company based in Porbandar, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 31 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45400GJ2014PTC079478. Its GSTIN is 24AAJCM2047B1ZY (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Popat Modhavadiya Rama and Bhimabhai Modhwadia.

Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Porbandar, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹35.08 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹39.55 Lakh (net margin 1.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 33% over five years.

The company has about 45 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.38 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milecon.in.

Company Details of Milecon Engineering Private Limited
CIN U45400GJ2014PTC079478
Registration Number 079478
Incorporation Date 31 March 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Shop No 410 4F Bhavya Tower, Opp Maha Prabhuji Ni Bethak M G Road, Porbandar, Gujarat, India – 360575
  • Industry
    Infrastructure and Utilities, General Construction Services
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Financials, compliance, directors, charges, ownership and filings for Milecon Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Milecon Engineering Private Limited

The main business activity of Milecon Engineering is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction ActivitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Milecon Engineering Private Limited FY 2024 filings available

Milecon Engineering Private Limited reported revenue of ₹35.08 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹35.08 Cr ▼ 5%
Net profit · FY 2025
₹39.55 Lakh margin 1.1%
EBITDA · FY 2025
₹1.1 Cr margin 3.1%

Compounded Annual Growth Rate (CAGR) of Milecon Engineering Private Limited

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 39%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 33%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA rose 12% 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 Milecon Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.1 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹39.55 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 Milecon Engineering Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.1%••••••••••••••••
Net Profit Margin1.1%••••••••••••••••
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 Milecon Engineering are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Milecon Engineering Private Limited

Milecon Engineering Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Benci Infraprojects Private Limited₹35.27 Cr (FY 2025)••••••••-17.0%••••Nerul, Maharashtra, India
Envirosome Solutions Private Limited₹35.17 Cr (FY 2025)••••••••261.0%••••Madurai, Tamil Nadu, India
S. D. Material Handlers Private Limited₹35.15 Cr (FY 2025)••••••••391.0%••••Surat, Gujarat, India
South Delhi Constructions Private Limited₹35.14 Cr (FY 2018)••••••••-11.0%••••New Delhi, Delhi, India
Revive Construction Company (India) Private Limited₹35.08 Cr (FY 2025)••••••••-10.0%••••Trivandrum, Kerala, India
Milecon Engineering Private Limited this company₹35.08 Cr (FY 2025)••••••••-5.0%••••Porbandar, Gujarat, India
Rajtech Infrastructure Private Limited₹35.06 Cr (FY 2016)••••••••-24.0%••••Pratapgarh, Rajasthan, India
Shri Rakesh Infratech Private Limited₹35.04 Cr (FY 2025)••••••••1651.0%••••Gonda, Uttar Pradesh, India
VSK Infrastructures Private Limited₹35.04 Cr (FY 2024)••••••••34.0%••••New Delhi, Delhi, India
Aakruti Infra Constructions Private Limited₹35.03 Cr (FY 2025)••••••••3812.0%••••Surat, Gujarat, India
Landmark Mining Private Limited₹35.01 Cr (FY 2024)••••••••4.0%••••Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Milecon Engineering by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Milecon Engineering Private Limited

Milecon Engineering Private Limited is audited by Biraj Kotecha & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Biraj Kotecha & AssociatesLockedLockedLocked
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Board of Directors of Milecon Engineering Private Limited

Milecon Engineering has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Popat Modhavadiya RamaDirector31 Mar 201412 Years 6 MonthsCurrent
Bhimabhai ModhwadiaDirector31 Mar 201412 Years 6 MonthsCurrent

Ownership and Shareholding of Milecon Engineering Private Limited

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Charges & Borrowings of Milecon Engineering Private Limited

Open charges
₹9.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.71 Cr
Hdfc Bank Limited₹2.67 Cr
Latest charge details
DateLenderAmountStatus
18 Jun 2025Hdfc Bank Limited₹10.55 LakhOpen
05 Mar 2025Hdfc Bank Limited₹29.44 LakhOpen
27 Feb 2025Hdfc Bank Limited₹30.16 LakhOpen
14 Feb 2025Hdfc Bank Limited₹30.77 LakhOpen
02 Sep 2024Hdfc Bank Limited₹60 LakhOpen

Total charge records: 13 View all charges

Employees and EPFO Compliance at Milecon Engineering Private Limited

Milecon Engineering Private Limited has a workforce of 45 employees as of Mar 30, 2024.

Employee count
45
Active EPFO establishments
1
Employee growth
-2.17%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Milecon Engineering Private Limited

Milecon Engineering Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bhimabhai Modhwadia was appointed as Director on 31 Mar 2014.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101111458 was registered on 18 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101060424 was registered on 05 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101053471 was registered on 27 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101045529 was registered on 14 Feb 2025.
Charges
A charge with Others of Rs. 6.41 Cr registered on 27 Feb 2015 with Charge ID 10552341 was modified on 04 Nov 2024.
AGM
Milecon Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100971396 was registered on 02 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100967601 was registered on 27 Aug 2024.
Filing
Milecon Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100881429 was registered on 16 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100849277 was registered on 04 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100678074 was registered on 05 Jan 2023.

7 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Milecon Engineering Private Limited

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MSME Payment Delays by Milecon Engineering Private Limited

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Subsidiaries & Group Companies of Milecon Engineering Private Limited

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GST Compliance of Milecon Engineering Private Limited

Milecon Engineering has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAJCM2047B1ZYGujaratActive01 Jul 2017
20AAJCM2047B1Z6JharkhandActive17 Dec 2020
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Milecon Engineering Private Limited

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Frequently Asked Questions about Milecon Engineering Private Limited

Milecon Engineering is an active private limited company based in Porbandar, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 31 March 2014 (12+ years old) and is registered under CIN U45400GJ2014PTC079478.

Milecon Engineering reported revenue of ₹35.08 Cr for FY 2025 (down 5% YoY).

Milecon Engineering has 2 current directors:

Milecon Engineering reported a net profit of ₹39.55 Lakh (net margin 1.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Milecon Engineering is 39% over three years and 33% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Milecon Engineering is 24AAJCM2047B1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAJCM2047B1Z6 (Jharkhand).

The CIN (Corporate Identification Number) of Milecon Engineering is U45400GJ2014PTC079478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Milecon Engineering has 1 court case on record: 1 filed against it.

Milecon Engineering was incorporated on 31 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Milecon Engineering by revenue are Benci Infraprojects Private Limited, Envirosome Solutions Private Limited, S. D. Material Handlers Private Limited, South Delhi Constructions Private Limited, Revive Construction Company (India) Private Limited and 5 more, all in the Infrastructure industry (Construction Services).

Bhimabhai Modhwadia was appointed as Director on 31 Mar 2014. Popat Modhavadiya Rama was appointed as Director on 31 Mar 2014.

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