Rachana Infrastructure Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L45203GJ2001PLC039725 Incorporated 29 June 2001 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: RILINFRA Public Limited Company infrastructure and utilities MSME · Medium
Data last updated
Market Cap
₹60.65 Cr
RILINFRA-SM · NSE
Share Price
₹32.80
+0.61% today
Revenue
₹138 Cr
FY 2025-26 · +46.5% YoY
EBITDA
₹17.90 Cr
Margin 13.0%
Net Profit
₹10.38 Cr
FY 2025-26 · +162.8% YoY
P/E (TTM)
5.9x
P/B 0.6x
ROE
11.0%
ROCE 19.0%
Debt / Equity
0.07
Interest cover 33.8x

About Rachana Infrastructure Limited

Data last updated:

Rachana Infrastructure Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 29 June 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45203GJ2001PLC039725. Its GSTIN is 24AABCR9791F1Z4 (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on NSE: RILINFRA.

The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹18.61 Cr. It is led by directors including Girishkumar Ochchhavlal Raval (Managing Director) and Bhaminiben Baldevprasad Mehta.

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹137.95 Cr, a growth of 46.5% compared to the previous year. For the same year it recorded a net profit of ₹10.38 Cr (net margin 7.5%) and EBITDA of ₹17.9 Cr (EBITDA margin 13%). The net worth stands at ₹108.04 Cr (up 10.3% YoY). Total assets are valued at ₹115.41 Cr (up 7.1% YoY).

The company has about 24 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rachana Infrastructure. As per MCA filings, the company has open charges of ₹67.23 Cr and satisfied charges of ₹58.26 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 2 cases are pending. The company has 1 deal on record (1 ipo); the latest was in June 2022. Its 9 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 5 smaller; the largest is Bajrang Road Construction Private Limited with revenue of ₹98.97 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 62 overdue payments to 16 micro and small suppliers.

Rachana Infrastructure Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0091988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rachanainfra.com.

Company details

CIN L45203GJ2001PLC039725
Registration Number 039725
Incorporation Date 29 June 2001
ROC Ahmedabad
Listing Status Listed (NSE: RILINFRA)
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0091988

CIN history

Rachana Infrastructure has one previous CIN (Corporate Identification Number): U45203GJ2001PLC039725. The current CIN is L45203GJ2001PLC039725, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45203GJ2001PLC039725Current
U45203GJ2001PLC039725Previous

Recognitions & Rankings of Rachana Infrastructure

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0091988

Contact details

Rachana Infrastructure Limited's registered office is in Daskroi, Gujarat. Its website is rachanainfra.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    103 104 105 1st Floor, Saumya Square Near Krish Cubical, Ahmedabad, Gujarat, India – 380059
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Rachana Infrastructure Limited, buy the company report.

Comprehensive company report
Rachana Infrastructure Limited - one report that includes everything
  • 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
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Brands

Rachana Infrastructure operates one associated brand: Rachana Infrastructure. Each brand links to its own profile.

BrandDescriptionWebsite
Road construction and infrastructure services are provided in India.rachanainfra.com

Business activity

The main business activities of Rachana Infrastructure are construction, mining and quarrying and trade. In detail, this covers roads, railways, utility projects, other mining & quarrying activities and wholesale trading. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects
BMining and quarryingB4Other Mining & Quarrying Activities
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Rachana Infrastructure Limited, buy the company report.

Financials of Rachana Infrastructure Limited

FY 2025-26 filings available

Rachana Infrastructure Limited reported revenue of ₹137.95 Cr (up 46.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹138 Cr
+46.5% YoY
EBITDA
₹17.90 Cr
+148.3% YoY
Profit After Tax
₹10.38 Cr
+162.8% YoY
Net Worth
₹108 Cr
+10.3% YoY
Total Assets
₹115 Cr
+7.1% YoY
Total Debt
₹5.83 Cr
-20.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue13894.1691.4863.5263.20104154
Revenue growth+46.5%+2.9%+44.0%+0.5%-39.1%-32.8%-
EBITDA17.907.217.116.026.0610.5113.68
EBITDA margin+13.0%+7.7%+7.8%+9.5%+9.6%+10.1%+8.9%
Profit before tax13.565.534.553.042.935.318.23
Net profit10.383.953.482.192.183.766.08
Net profit margin+7.5%+4.2%+3.8%+3.5%+3.5%+3.6%+3.9%
EPS (₹)5.442.211.951.221.408.9411.35
Balance sheet
Total assets11510810810479.3383.6767.95
Net worth10897.9193.8190.2449.9051.5534.55
Total debt5.837.3213.3312.7128.8631.6032.94
Cash & bank8.123.954.931.580.970.621.07
Net working capital80.8864.3361.2056.1231.2134.3829.92
Cash flow
Cash from operations9.79(0.49)11.46(7.87)6.353.05(2.54)
Cash from investing2.197.00(3.56)(10.07)(2.16)2.90(0.23)
Cash from financing(7.82)(7.49)(4.55)18.54(3.83)(6.06)1.61

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue13894.1691.4863.5263.20104154
Revenue growth+46.5%+2.9%+44.0%+0.5%-39.1%-32.8%-
Other income2.572.712.491.712.862.124.03
Total expenses12086.9584.3757.5057.1493.28141
Employee cost3.572.662.415.385.735.876.84
EBITDA17.907.217.116.026.0610.5113.68
EBITDA margin+13.0%+7.7%+7.8%+9.5%+9.6%+10.1%+8.9%
Depreciation1.302.152.461.862.052.293.80
Interest5.612.242.592.833.945.035.68
Profit before tax13.565.534.553.042.935.318.23
Tax3.431.430.910.780.730.622.25
Net profit10.383.953.482.192.183.766.08
Net profit margin+7.5%+4.2%+3.8%+3.5%+3.5%+3.6%+3.9%
EPS (₹)5.442.211.951.221.408.9411.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.6118.6118.6118.6115.785.265.26
Reserves & surplus89.4379.3075.2071.6334.1246.2929.29
Shareholders' funds (net worth)10897.9193.8190.2449.9051.5534.55
Secured loans4.051.383.581.929.049.5616.62
Unsecured loans1.785.949.7510.7919.8222.0416.32
Total debt5.837.3213.3312.7128.8631.6032.94
Total liabilities11510810810479.3383.6767.95
Assets
Gross block38.4250.2359.7956.7335.1534.2440.47
Net block23.6527.0529.1027.0910.7410.4914.59
Capital work in progress0.000.000.000.000.000.000.00
Investments0.340.320.340.3217.9021.949.69
Inventories2.262.563.893.934.433.212.96
Sundry debtors31.3623.2925.0121.9217.5122.9043.75
Cash & bank balances8.123.954.931.580.970.621.07
Loans & advances50.0948.3445.2640.1132.8216.6520.38
Total current assets91.8378.1479.0967.5455.7343.3868.16
Total current liabilities10.9513.8117.8911.4224.529.0038.24
Net working capital80.8864.3361.2056.1231.2134.3829.92
Total assets11510810810479.3383.6767.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.954.931.580.970.620.742.24
Net cash from operating activities9.79(0.49)11.46(7.87)6.353.05(2.54)
Net cash from investing activities2.197.00(3.56)(10.07)(2.16)2.90(0.23)
Net cash from financing activities(7.82)(7.49)(4.55)18.54(3.83)(6.06)1.61
Net change in cash4.16(0.97)3.350.610.35(0.12)(1.16)
Closing cash8.123.954.931.580.970.621.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+46.5%+2.9%+44.0%+0.5%-39.1%-32.8%-
EBITDA growth+148.3%+1.4%+18.1%-0.7%-42.3%-23.2%-
PBT growth+145.2%+21.5%+49.7%+3.8%-44.8%-35.5%+33.4%
Net income growth+162.8%+13.5%+58.9%+0.5%-42.0%-38.2%-
Revenue CAGR (3Y)+29.5%+14.2%-4.1%-25.6%-17.4%+26.1%+48.0%
EBITDA CAGR (3Y)+43.8%+6.0%-12.2%-23.9%-26.6%+10.7%+26.8%
Profitability & leverage
Net income margin+7.3%+4.4%+4.0%+3.6%+3.5%+4.5%+3.9%
Return on capital employed+19.0%+7.6%+6.7%+6.4%+8.4%+12.2%+21.1%
Return on net worth+11.0%+4.5%+3.9%+3.2%+4.4%+8.8%+19.0%
Debt / equity0.070.110.140.300.600.751.08
Long-term debt / equity0.030.080.120.230.420.460.58
Interest cover33.8044.2755.7068.0398.2561.1957.49
Efficiency & per share
Fixed asset turnover4.101.901.571.381.822.783.77
Inventory turnover57.2429.2023.4015.2016.5433.6465.55
Debtors turnover5.053.903.903.223.133.114.59
EPS (₹)5.442.211.951.221.408.9411.35
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)52.3346.8950.4248.5031.6298.0065.68

To see the full year-wise statements and ratios of Rachana Infrastructure Limited, buy the company report.

Board of directors of Rachana Infrastructure Limited

Rachana Infrastructure has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaminiben Baldevprasad MehtaDirector29 Jun 200125 Years 3 MonthsCurrent
Kalpit Manishbhai DaveDirector20 Dec 20196 Years 10 MonthsCurrent
Girishkumar Ochchhavlal RavalManaging Director29 Jun 200125 Years 3 MonthsCurrent
Bharatkumar Dipakbhai ChaudharyDirector16 Feb 20224 Years 8 MonthsCurrent
Dhwani Jaspalsinh SolankiDirector30 Aug 20233 Years 1 MonthsCurrent
Brijesh Girishbhai RavalDirector27 Aug 20260 Years 2 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Rachana Infrastructure Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rachana Infrastructure Limitedthis company₹137.95 Cr (FY 2026)₹10.38 Cr7.5%46.5%24Ahmedabad, Gujarat, India
Bajrang Road Construction Private Limited₹98.97 Cr (FY 2025)-23.0%Kolkata, West Bengal, India
Apco Arasavalli Expressway Private Limited₹98.06 Cr (FY 2025)-12.0%Mumbai, Maharashtra, India
Dholu Construction and Projects Limited₹97.95 Cr (FY 2025)6.0%Ahmedabad, Gujarat, India
Wainganga Expressway Private Limited₹97.59 Cr (FY 2025)8.0%Mumbai, Maharashtra, India
Mysore-Bellary Highway Private Limited₹96.78 Cr (FY 2025)-32.0%Chennai, Tamil Nadu, India
Tripatra India Private Limited₹96.62 Cr (FY 2025)9.0%Faridabad, Haryana, India
BSC- C and C- Kurali Toll Road Limited.₹96.33 Cr (FY 2025)10.0%Gurgaon, Haryana, India
Raj Path Infracon Nh-544G Pkg-2 Private Limited₹96.24 Cr (FY 2025)243542.0%Pune, Maharashtra, India
DBL Wardha Butibori Highways Private Limited₹96.03 Cr (FY 2025)-6.0%Mumbai, Maharashtra, India

To see the full peer comparison of Rachana Infrastructure Limited, buy the company report.

Auditor

Rachana Infrastructure Limited is audited by Ankit Chokshi & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ankit Chokshi & CoFY 2023121722W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 68.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 31.70%.

Promoters: 68.30%Retail & Others: 31.70%
Sep 2026
QUARTER
68.30% Promoters
31.70% Retail & Others
Promoter holding - history
Now 68.30% · Sep 2026High 68.30% · Sep 2026Low 66.10% · Dec 2025
65%66.3%67.5%68.8%70%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 66.10%Mar 2026: 66.10%Jun 2026: 66.40%Sep 2026: 68.30%66.10%68.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters68.30%66.40%66.10%66.10%
Public31.70%33.60%33.90%33.90%

Charges & borrowings

Open charges
₹67.23 Cr
Satisfied charges
₹58.26 Cr
Breakdown by lending institutions
Others₹67.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2024100934172Others₹10.9 LakhOpen
29 Nov 2023100827025Others₹41.92 LakhOpen
31 Jul 2023100760195Others₹20.82 LakhOpen
30 May 2023100728609Others₹30.25 LakhOpen
05 Oct 2021100494307Others₹1.19 CrOpen

To see the full charge records of Rachana Infrastructure Limited, buy the company report.

Total charge records: 68 View all charges

Deals & funding

Rachana Infrastructure Limited has 1 deal on record (1 ipo); the latest was in June 2022.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Jun 2022IPO₹76.28 CrInvestors: Public Investors
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Rachana Infrastructure Limited was last rated by Brickwork on 25 Mar 2022.

Rating agencyRated onRating
Brickwork25 Mar 2022

To see the full credit ratings and regulatory alerts of Rachana Infrastructure Limited, buy the company report.

MSME payment delays

Rachana Infrastructure Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 62 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 16)

SupplierAmount dueDue sinceReported on
an individual supplier
Global Fluidtech System
Dishawaves Infonet Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Rachana Infrastructure Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Rachana Infrastructure Limited has a workforce of 24 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1
Employee growth
-22.58%

GST

Rachana Infrastructure has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AABCR9791F1Z4GujaratActive01 Jul 2017
23AABCR9791F1Z6Madhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Rachana Infrastructure Limited, buy the company report.

Recent activity

Rachana Infrastructure Limited has 13 board changes on record since 2001: 11 appointments and 2 cessations. The latest: Brijesh Girishbhai Raval was appointed as Director on 27 Aug 2026.

Charges
A charge with Others of Rs. 65.00 Cr registered on 09 Jan 2008 with Charge ID 10082508 was modified on 29 Aug 2026.
Appointed
Brijesh Girishbhai Raval was appointed as Director.
Appointed
Jaydeep Girishbhai Raval was appointed as Director.
Filing
Rachana Infrastructure Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 09 Feb 2022 via Charge ID 100537623 with Yes Bank Limited was fully satisfied on 24 Mar 2026.
Charges
A charge registered on 16 Oct 2023 via Charge ID 100805828 with Others was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 19 Dec 2023 via Charge ID 100846037 with Others was fully satisfied on 29 Dec 2025.
Charges
A charge registered on 23 Jun 2023 via Charge ID 100745450 with Others was fully satisfied on 29 Dec 2025.
Charges
A charge registered on 12 May 2023 via Charge ID 100726153 with Yes Bank Limited was fully satisfied on 21 Nov 2025.
AGM
Rachana Infrastructure Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Jul 2021 via Charge ID 100480566 with Tata Capital Financial Services Limited was fully satisfied on 10 Sep 2025.
Charges
A charge registered on 09 Apr 2021 via Charge ID 100449483 with Tata Capital Financial Services Limited was fully satisfied on 10 Sep 2025.

137 earlier events are in the company report.

Frequently asked questions

Rachana Infrastructure is an active public limited company based in Ahmedabad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 29 June 2001 (25+ years old) and is registered under CIN L45203GJ2001PLC039725. Listed on NSE: RILINFRA.

Rachana Infrastructure reported revenue of ₹137.95 Cr for FY 2025-26 (up 46.5% YoY) based on standalone financials.

Rachana Infrastructure has 7 current directors:

The latest financial statements of Rachana Infrastructure on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Rachana Infrastructure is 24AABCR9791F1Z4, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AABCR9791F1Z6 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Rachana Infrastructure is L45203GJ2001PLC039725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Rachana Infrastructure is a listed company as per MCA records. Its shares are listed on NSE (symbol: RILINFRA).

Rachana Infrastructure has 13 court cases on record: 7 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.

Rachana Infrastructure was incorporated on 29 June 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Rachana Infrastructure has 1 deal on record (1 ipo); the latest was in June 2022.

The peers of Rachana Infrastructure by revenue are Bajrang Road Construction Private Limited, Apco Arasavalli Expressway Private Limited, Dholu Construction and Projects Limited, Wainganga Expressway Private Limited, Mysore-Bellary Highway Private Limited and 4 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).

Brijesh Girishbhai Raval was appointed as Director on 27 Aug 2026. Jaydeep Girishbhai Raval was appointed as Director on 27 Aug 2026. Himali Maheshbhai Thakkar was appointed as Company Secretary on 12 Jan 2024. Rachana Infrastructure has 13 board changes on record in total.