About Bhartia Infra Projects Limited
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Bhartia Infra Projects Limited is a public limited company based in Guwahati, Assam, India. It operates in the railway infrastructure development segment of the infrastructure and utilities sector. It was incorporated on 26 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U45203AS1999PLC005740. Its GSTIN is 18AACCB3413B1ZD (Assam). The company holds 15 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.42 Cr. It was formerly known as Bhartia Associates Limited and Bhartia Associates Limited. It is led by directors including Ramawatar Bhartia (Managing Director) and Pawan Kumar Bhartia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Royal Arcade 2nd Floor Dr. B. Boruah Road Ulubari, Guwahati, Assam, India – 781007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,355.65 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹70.2 Cr (net margin 5.2%) and EBITDA of ₹214.04 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 264 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3,058.32 Cr and satisfied charges of ₹1,262.84 Cr on record. Court records list 86 cases involving the company, including 35 filed by the company and 51 filed against it; 30 cases are pending. The company has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹27.28 Cr; the latest was in April 2025. Its 6 peer companies in the Infrastructure industry (Railway Construction, Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 4 smaller; the largest is Patil Rail Infrastructure Private Limited with revenue of ₹1,455.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhartiainfra.com.
Company details
Name history
Bhartia Infra Projects has undergone 3 name changes throughout its history. The company was previously known as Bhartia Associates Limited, Bhartia Associates Limited, and Bhartia Associates Private Limited. The current legal name is Bhartia Infra Projects Limited.
| Company Name | Status |
|---|---|
| Bhartia Infra Projects Limited | Current |
| Bhartia Associates Limited | Previous |
| Bhartia Associates Limited | Previous |
| Bhartia Associates Private Limited | Previous |
CIN history
Bhartia Infra Projects has one previous CIN (Corporate Identification Number): U45203AS1999PTC005740. The current CIN is U45203AS1999PLC005740, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203AS1999PLC005740 | Current |
| U45203AS1999PTC005740 | Previous |
Contact details
Bhartia Infra Projects Limited's registered office is in Guwahati, Assam. Its website is bhartiainfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 Royal Arcade 2nd Floor Dr. B. Boruah Road Ulubari, Guwahati, Assam, India – 781007
- IndustryInfrastructure and Utilities, Railway Infrastructure Development, Road & Bridge Construction
To see the full contact details of Bhartia Infra Projects Limited, buy the company report.
- 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
Business activity
The main business activity of Bhartia Infra Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Bhartia Infra Projects Limited, buy the company report.
Financials of Bhartia Infra Projects Limited
FY 2025 filings availableBhartia Infra Projects Limited reported revenue of ₹1,355.65 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 10% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹214.04 Cr | ||||
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| Net Profit (PAT) | ₹70.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bhartia Infra Projects Limited, buy the company report.
Board of directors of Bhartia Infra Projects Limited
Bhartia Infra Projects has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Bhartia | Whole-Time Director | 26 Jun 1999 | 27 Years 4 Months | Current |
| Ramawatar Bhartia Also directs: Vrindavan Projects Private Limited, Greenview Tea Co Pvt Ltd | Managing Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Avinash Bhartia | Whole-Time Director | 26 Apr 1999 | 27 Years 6 Months | Current |
| Cherry Jain | Director | 27 Mar 2025 | 1 Years 7 Months | Current |
| Dhiraj Kumar Jain | Director | 30 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Bhartia Infra Projects Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Railway Construction, Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patil Rail Infrastructure Private Limited | ₹1,455.12 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Roadway Solutions India Infra Limited | ₹1,426.13 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Bhartia Infra Projects Limitedthis company | ₹1,355.65 Cr (FY 2025) | ₹70.2 Cr | 5.2% | -22.0% | 264 | Guwahati, Assam, India |
| KMC Infratech Limited | ₹1,343.8 Cr (FY 2024) | 646.0% | Hyderabad, Telangana, India | |||
| Rkcpl Limited | ₹1,276.69 Cr (FY 2025) | 15.0% | Panchkula, Haryana, India | |||
| RKC Infrabuilt Private Limited | ₹1,258.81 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India | |||
| Barwa Adda Expressway Limited | ₹1,244.6 Cr (FY 2025) | 127.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bhartia Infra Projects Limited, buy the company report.
Auditor
Bhartia Infra Projects Limited is audited by AMLAN BHADRA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMLAN BHADRA & ASSOCIATES | FY 2024 | 314103E |
Shareholding
The shareholding of Bhartia Infra Projects Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhartia Infra Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2026 | 101332020 | Others | ₹12 Cr | Open | |
| 08 Jul 2026 | 101336967 | Others | ₹100 Cr | Open | |
| 08 Jul 2026 | 101337090 | Others | ₹20 Cr | Open | |
| 08 Jul 2026 | 101337043 | Others | ₹25 Cr | Open | |
| 24 Jun 2026 | 101335653 | Indian Bank | ₹6.19 Cr | Open |
To see the full charge records of Bhartia Infra Projects Limited, buy the company report.
Total charge records: 593 View all charges
Deals & funding
Bhartia Infra Projects Limited has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹27.28 Cr; the latest was in April 2025.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Rights issue | ₹5 Cr | Investors: Vrindavan Projects Private Limited , 3 individuals |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: Vrindavan Projects Private Limited Seller: Khordia Builders Private Limited , Green View Tea Company Private Limited, Vardhaman Trading Co. Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Ramawatar Bhartia Family Trust Seller: Winsher Vinimay Private Limited , Pushkar Dealers Private Limited , Nilmani Barter Private Limited |
| Mar 2012 | Funding round | ₹4.15 Cr | Investors: Khordia Builders Private Limited , Vrindavan Projects Private Limited , Megapix Vanijya Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Green View Tea Company Private Limited Seller: 4 individuals |
To see the full deal history of Bhartia Infra Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhartia Infra Projects Limited has 86 court cases on record: 35 filed by Bhartia Infra Projects, 51 filed against it. 30 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 56 | 26 | 12 |
| District courts | 27 | 25 | 18 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by D Thakkar Constructions Pvt Ltd THR Its Auth Signatory Sandeep Chadha | Pending |
| High Court, Assam | Interim or miscellaneous application | Filed against the company by Oriental Insurance Company Ltd. | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against M/S Vishwa Samudra Engineering Private Limited | Disposed |
| High Court, Assam | Arbitration matter | Filed by the company against M/S Vishwa Samudra Engineering Pvt Ltd | Disposed |
| High Court of Manipur | Writ petition | Filed against the company | Pending |
To see the full case history of Bhartia Infra Projects Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Bhartia Infra Projects Limited was last rated by Care on 25 Aug 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Aug 2023 |
To see the full credit ratings and regulatory alerts of Bhartia Infra Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhartia Infra Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhartia Infra Projects Limited has a workforce of 264 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Bhartia Infra Projects has 15 GST registrations: 10 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AACCB3413B1ZD | Assam | Active | 01 Jul 2017 |
| 10AACCB3413B1ZT | Bihar | Active | 01 Jul 2017 |
| 12AACCB3413B1ZP | Arunachal Pradesh | Active | 01 Jul 2017 |
| 13AACCB3413B1ZN | Nagaland | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhartia Infra Projects Limited, buy the company report.
Recent activity
Bhartia Infra Projects Limited has 16 board changes on record since 1999: 6 appointments and 10 cessations. The latest: Ankita Goel ceased to be Director on 27 Mar 2025.
1018 earlier events are in the company report.
Frequently asked questions
Bhartia Infra Projects is an active public limited company based in Guwahati, Assam, India. The company works in railway infrastructure development, within the infrastructure and utilities industry. It was incorporated on 26 April 1999 (27+ years old) and is registered under CIN U45203AS1999PLC005740.
Bhartia Infra Projects has 5 current directors:
- Ramawatar Bhartia - Managing Director
- Pawan Kumar Bhartia - Whole-Time Director
- Avinash Bhartia - Whole-Time Director
- Cherry Jain - Director
- Dhiraj Kumar Jain - Director
The latest financial statements of Bhartia Infra Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhartia Infra Projects is 18AACCB3413B1ZD, registered in Assam. The company has 15 GST registrations in all, of which 10 are active and 5 are cancelled or inactive. Other active GSTINs include 10AACCB3413B1ZT (Bihar), 12AACCB3413B1ZP (Arunachal Pradesh), 13AACCB3413B1ZN (Nagaland).
The CIN (Corporate Identification Number) of Bhartia Infra Projects is U45203AS1999PLC005740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhartia Infra Projects has 86 court cases on record: 35 filed by the company and 51 filed against it. 30 are pending. Most are in the high courts.
Bhartia Infra Projects was incorporated on 26 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Guwahati.
Bhartia Infra Projects has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹27.28 Cr; the latest was in April 2025.
The peers of Bhartia Infra Projects by revenue are Patil Rail Infrastructure Private Limited, Roadway Solutions India Infra Limited, KMC Infratech Limited, Rkcpl Limited, RKC Infrabuilt Private Limited and 1 more, all in the Infrastructure industry (Railway Construction, Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Ankita Goel ceased to be Director on 27 Mar 2025. Cherry Jain was appointed as Director on 27 Mar 2025. Dhiraj Kumar Jain ceased to be Director Appointed In Casual Vacancy on 26 Mar 2025. Bhartia Infra Projects has 16 board changes on record in total.
Bhartia Infra Projects can be reached through the website bhartiainfra.com. Its registered office is in Guwahati, Assam, India.
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