About Pipeline Infrastructure Limited
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Pipeline Infrastructure Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of India Infrastructure Trust. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 20 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60300MH2018PLC308292. Its GSTIN is 27AAJCP8265A1ZB (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹4,116 Cr and a paid-up capital of ₹4,100 Cr. It was formerly known as Pipeline Infrastructure Private Limited. It is led by directors including Akhil Mehrotra (Managing Director) and Arushi Jamar.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 40, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,735.2 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹799.79 Cr (net margin -21.4%) and EBITDA of ₹1,175.74 Cr (EBITDA margin 31.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Pipeline Infrastructure Limited and Pipelineinvit. As per MCA filings, the company has open charges of ₹12,950 Cr and satisfied charges of ₹6,452 Cr on record. Court records list 106 cases involving the company, including 32 filed by the company and 74 filed against it; 41 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹4,050 Cr; the latest was in September 2019.
For more details, the company can be reached via its website pipelineinfra.com.
Company details
CIN history
Pipeline Infrastructure has one previous CIN (Corporate Identification Number): U60300MH2018PTC308292. The current CIN is U60300MH2018PLC308292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60300MH2018PLC308292 | Current |
| U60300MH2018PTC308292 | Previous |
Contact details
Pipeline Infrastructure Limited's registered office is in Navi Mumbai, Maharashtra. Its website is pipelineinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSeawoods Grand Central Tower – 1 3rd Level C Wing 301 To 304 Sector 40 Seawoods Railway S, Tation, Navi Mumbai, Maharashtra, India – 400706
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Pipeline Infrastructure 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
Pipeline Infrastructure operates two associated brands: Pipeline Infrastructure Limited and Pipelineinvit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pipeline infrastructure services are provided to oil and gas sectors. | pipelineinfra.com | |
| Diversified investment management services are provided across various sectors. | pipelineinvit.com |
Business activity
The main business activity of Pipeline Infrastructure is transport and storage. In detail, this covers land transport via railways & pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines |
To see the full business activity and turnover split of Pipeline Infrastructure Limited, buy the company report.
Financials of Pipeline Infrastructure Limited
FY 2025 filings availablePipeline Infrastructure Limited reported revenue of ₹3,735.2 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA fell 36% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,735.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,175.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹799.79 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.5% | ||||
| Net Profit Margin | -21.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pipeline Infrastructure Limited, buy the company report.
Board of directors of Pipeline Infrastructure Limited
Pipeline Infrastructure has 9 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arushi Jamar | Director | 09 May 2025 | 1 Years 6 Months | Current |
| Akhil Mehrotra Also directs: Encap Investment Manager Private Limited | Managing Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Chaitanya Pande | Director | 19 Jul 2019 | 7 Years 3 Months | Current |
| Kavita Venugopal Also directs: Encap Investment Manager Private Limited, Munjal Showa Limited, Oracle Financial Services Software Limited and 3 more | Director | 09 Aug 2023 | 3 Years 3 Months | Current |
| Prateek Shroff | Director | 05 Mar 2025 | 1 Years 8 Months | Current |
| Varun Saxena | Director | 23 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Pipeline Infrastructure Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of Pipeline Infrastructure Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pipeline Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2024 | 100902055 | Idbi Trusteeship Services Limited | ₹6,452 Cr | Open | |
| 19 Mar 2019 | 100250209 | Idbi Trusteeship Services Limited | ₹6,498 Cr | Open | |
| 16 Apr 2019 | 100255422 | Idbi Trusteeship Services Limited | ₹6,452 Cr | Satisfied |
To see the full charge records of Pipeline Infrastructure Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Pipeline Infrastructure Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹4,050 Cr; the latest was in September 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Jio Financial Services Limited Seller: Reliance Industrial Investments and Holdings Limited |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Jio Financial Services Limited Seller: Reliance Industrial Investments and Holdings Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Reliance Industrial Investments and Holdings Limited Seller: East West Pipeline Private Limited |
| Mar 2019 | Funding round | ₹4,000 Cr | Investors: Reliance Industrial Investments and Holdings Limited |
| Mar 2019 | Acquisition | ₹12,987 Cr | Buyer: Brookfield Seller: Reliance Industries Holding Private Limited |
To see the full deal history of Pipeline Infrastructure 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
Pipeline Infrastructure Limited has 106 court cases on record: 32 filed by Pipeline Infrastructure, 74 filed against it. 41 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 63 | 39 | 32 |
| District courts | 40 | 33 | 7 |
| Supreme Court | 2 | 2 | 2 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 106)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Revision petition | Filed by the company against M/S. Nagarjuna Fertilizers and Chemicals Ltd., | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (CEP) | Filed by the company against M/S. Nagarjuna Fertilizers and Chemicals Limited | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by Nagarjuna Fertilizers and Chemicals Limited | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Nagarjuna Fertilizers and Chemicals Ltd | Disposed |
| High Court, TELANGANA | Revision petition | Filed by the company against Nagarjuna Fertilizers and Chemicals Limited and 1 other | Disposed |
To see the full case history of Pipeline Infrastructure 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
Pipeline Infrastructure Limited was last rated by Care on 29 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Aug 2022 |
To see the full credit ratings and regulatory alerts of Pipeline Infrastructure Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pipeline Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pipeline Infrastructure Limited has a workforce of 80 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 80 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Pipeline Infrastructure Limited, buy the company report.
GST
Pipeline Infrastructure has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP8265A1ZB | Maharashtra | Active | 25 May 2018 |
| 27AAJCP8265A2ZA | Maharashtra | Active | 08 Oct 2018 |
| 24AAJCP8265A1ZH | Gujarat | Active | 05 Oct 2018 |
| 36AAJCP8265A1ZC | Telangana | Active | 05 Oct 2018 |
To see the full GST registrations and return filing status of Pipeline Infrastructure Limited, buy the company report.
Recent activity
Pipeline Infrastructure Limited has 37 board changes on record since 2019: 12 appointments and 25 cessations. The latest: Arushi Jamar ceased to be Additional Director on 01 Jun 2025.
34 earlier events are in the company report.
Frequently asked questions
Pipeline Infrastructure is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 20 April 2018 (8+ years old) and is registered under CIN U60300MH2018PLC308292.
Pipeline Infrastructure has 9 current directors:
- Akhil Mehrotra - Managing Director
- Arushi Jamar - Director
- Chaitanya Pande - Director
- Kavita Venugopal - Director
- Prateek Shroff - Director
- Varun Saxena - Director
- Arun Balakrishnan - Director
- Sanjay Barman Roy - Director
- Pooja Aggarwal - Director
The latest financial statements of Pipeline Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Pipeline Infrastructure is 27AAJCP8265A1ZB, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 27AAJCP8265A2ZA (Maharashtra), 24AAJCP8265A1ZH (Gujarat), 36AAJCP8265A1ZC (Telangana).
The CIN (Corporate Identification Number) of Pipeline Infrastructure is U60300MH2018PLC308292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pipeline Infrastructure has 106 court cases on record: 32 filed by the company and 74 filed against it. 41 are pending. Most are in the high courts.
Pipeline Infrastructure was incorporated on 20 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Pipeline Infrastructure has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹4,050 Cr; the latest was in September 2019.
Arushi Jamar ceased to be Additional Director on 01 Jun 2025. Arushi Jamar was appointed as Director on 09 May 2025. Prateek Shroff was appointed as Director on 05 Mar 2025. Pipeline Infrastructure has 37 board changes on record in total.
Pipeline Infrastructure can be reached through the website pipelineinfra.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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