About Patna Highway Projects Limited
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Patna Highway Projects Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Ajr Infra And Tolling Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 22 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2009PLC197265. Its GSTIN is 10AAFCP2788Q1ZX (Bihar). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹5.53 Cr. It is led by directors including Anand Bordia and Chander Subhash Kwatra.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No.211 Second Floor Rectangle One, Saket District Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.83 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹35.56 Cr (net margin -28.7%) and EBITDA of ₹9.72 Cr (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company is associated with 1 brand: Patna Highway Projects Limited. As per MCA filings, the company has open charges of ₹1,086 Cr on record. Court records list 22 cases involving the company, including 9 filed by the company and 13 filed against it; 6 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹49.95 Cr; the latest was in April 2023. Its 7 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 4 smaller; the largest is Tomar Builders and Contractors Private Limited with revenue of ₹124.68 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 patnahighwayprojects.com.
Company details
Contact details
Patna Highway Projects Limited's registered office is in New Delhi, Delhi. Its website is patnahighwayprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.211 Second Floor Rectangle One, Saket District Centre, New Delhi, Delhi, India – 110017
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Patna Highway 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
Brands
Patna Highway Projects operates one associated brand: Patna Highway Projects Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Highway upgradation and construction projects in Bihar, India. | patnahighwayprojects.com |
Business activity
The main business activity of Patna Highway 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 Patna Highway Projects Limited, buy the company report.
Financials of Patna Highway Projects Limited
FY 2025 filings availablePatna Highway Projects Limited reported revenue of ₹123.83 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 50% fall in the latest year. EBITDA fell 73% 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 | ₹9.72 Cr | ||||
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| Net Profit (PAT) | -₹35.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | -28.7% | ||||
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To see the full financial statements and ratios of Patna Highway Projects Limited, buy the company report.
Board of directors of Patna Highway Projects Limited
Patna Highway Projects has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Bordia | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Chander Subhash Kwatra | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Rajeev Dhingra Also directs: Majestic IT Services Limited | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Patna Highway Projects Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (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 |
|---|---|---|---|---|---|---|
| Tomar Builders and Contractors Private Limited | ₹124.68 Cr (FY 2025) | -6.0% | Gwalior, Madhya Pradesh, India | |||
| Mahua Bharatpur Expressways Limited | ₹124.2 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Rohan Rajdeep Tollways Limited | ₹123.87 Cr (FY 2024) | -42.0% | Pune, Maharashtra, India | |||
| Patna Highway Projects Limitedthis company | ₹123.83 Cr (FY 2025) | -₹35.56 Cr | -28.7% | -50.0% | New Delhi, Delhi, India | |
| R R R Constructions & Projects Private Limited | ₹123.58 Cr (FY 2025) | 56.0% | Hyderabad, Telangana, India | |||
| Mancherial Repallewada Road Private Limited | ₹123.49 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Varanasi Sangam Expressway Private Limited | ₹122.99 Cr (FY 2025) | -50.0% | Udaipur, Rajasthan, India | |||
| GR Gundugolanu Devarapalli Highway Private Limited | ₹122.24 Cr (FY 2025) | -4.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Patna Highway Projects Limited, buy the company report.
Auditor
Patna Highway Projects Limited is audited by Grewal &Singh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Grewal &Singh | FY 2023 | 012322N |
Shareholding
The shareholding of Patna Highway Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Patna Highway Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2011 | 10281108 | Others | ₹1,086 Cr | Open |
To see the full charge records of Patna Highway Projects Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Patna Highway Projects Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹49.95 Cr; the latest was in April 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Silver Point Luxembourg Platform SARL & Shivani Patiyal, Silver Point Luxembourg Platform SARL & Sakshi Agarwal, Silver Point Luxembourg Platform SARL& Shantanu Paul Seller: Gammon Infrastructure Projects Limited & Mineel Mali, Gammon Infrastructure Projects Limited & Gammon Projects Developers Limited, Gammon Infrastructure Projects Limited & Gammon Road Infrastructure Limited |
| Aug 2015 | Funding round | ₹47.5 Cr | Investors: Ajr Infra and Tolling Limited |
| Aug 2010 | Funding round | ₹2.45 Cr | Investors: Ajr Infra and Tolling Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Patna Highway Projects Limited has 22 court cases on record: 9 filed by Patna Highway Projects, 13 filed against it. 6 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 4 | 2 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 4 | 4 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by State of Bihar and 3 others | Pending |
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by State of Bihar and 2 others | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Ajr Infra and Tolling Ltd. Through Authorised Signatory (Formerly Gammon Infrastructure Projects Ltd.), 3Rd Floor, Hamilton House J.N. Heredia Marg, Ballard Estate ,Mumbai , Maharashtra | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Ajr Infra and Tolling Ltd. | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Phoenix Arc Pvt Ltd. | Disposed |
To see the full case history of Patna Highway 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
Patna Highway Projects Limited was last rated by Care on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Patna Highway Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Patna Highway Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Patna Highway Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCP2788Q1ZX | Bihar | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Patna Highway Projects Limited, buy the company report.
Recent activity
Patna Highway Projects Limited has 25 board changes on record since 2010: 3 appointments and 22 cessations. The latest: Anand Bordia was appointed as Director on 27 Mar 2023.
18 earlier events are in the company report.
News
Frequently asked questions
Patna Highway Projects is an active public limited company based in New Delhi, Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 22 December 2009 (17+ years old) and is registered under CIN U74999DL2009PLC197265.
Patna Highway Projects has 3 current directors:
- Anand Bordia - Director
- Chander Subhash Kwatra - Director
- Rajeev Dhingra - Director
The latest financial statements of Patna Highway Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Patna Highway Projects is 10AAFCP2788Q1ZX, registered in Bihar. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Patna Highway Projects is U74999DL2009PLC197265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patna Highway Projects has 22 court cases on record: 9 filed by the company and 13 filed against it. 6 are pending. Most are in the high courts.
Patna Highway Projects was incorporated on 22 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Patna Highway Projects has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹49.95 Cr; the latest was in April 2023.
The peers of Patna Highway Projects by revenue are Tomar Builders and Contractors Private Limited, Mahua Bharatpur Expressways Limited, Rohan Rajdeep Tollways Limited, R R R Constructions & Projects Private Limited, Mancherial Repallewada Road Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Anand Bordia was appointed as Director on 27 Mar 2023. Anand Bordia ceased to be Additional Director on 27 Mar 2023. Chander Subhash Kwatra was appointed as Director on 27 Mar 2023. Patna Highway Projects has 25 board changes on record in total.
Patna Highway Projects can be reached through the website patnahighwayprojects.com. Its registered office is in New Delhi, Delhi, India.