About Ranjit Buildcon Limited
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Ranjit Buildcon Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45206GJ2006PLC049570. Its GSTIN is 24AADCR4658R1ZP (Gujarat). The company holds 14 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹40.3 Cr. It is led by directors including Gaurav Ranchhodbhai Patel (Managing Director) and Jyotikumar Sukhlal Varma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ranjit House Opp. Sun Residency B/H. Bhagwat Bunglows, Opp. Lane To Goga Maharaj Temple Thaltej – Shilaj Road Thaltej Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,531.58 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹85.06 Cr (net margin 5.6%) and EBITDA of ₹165.02 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 2% over five years.
The company has about 758 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1,154.68 Cr and satisfied charges of ₹818.42 Cr on record. Court records list 151 cases involving the company, including 63 filed by the company and 88 filed against it; 48 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2011. Its 6 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 3 smaller; the largest is Ravi Infrabuild Projects Limited with revenue of ₹1,649.23 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 ranjitbuildcon.com.
Company details
Contact details
Ranjit Buildcon Limited's registered office is in Ahmedabad, Gujarat. Its website is ranjitbuildcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRanjit House Opp. Sun Residency B/H. Bhagwat Bunglows, Opp. Lane To Goga Maharaj Temple Thaltej – Shilaj Road Thaltej Ahmedabad, Gujarat, India – 380059
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ranjit Buildcon 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 Ranjit Buildcon 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 Ranjit Buildcon Limited, buy the company report.
Financials of Ranjit Buildcon Limited
FY 2024 filings availableRanjit Buildcon Limited reported revenue of ₹1,531.58 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 17% growth in the latest year. EBITDA rose 71% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹165.02 Cr | ||||
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| Net Profit (PAT) | ₹85.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Ranjit Buildcon Limited, buy the company report.
Board of directors and KMP of Ranjit Buildcon Limited
Ranjit Buildcon Limited currently reports 10 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotikumar Sukhlal Varma Also directs: Bulkby Internet Private Limited | Director | 29 Dec 2007 | 18 Years 10 Months | Current |
| Jayeshkumar Mohanlal Patel | Director | 29 Dec 2007 | 18 Years 10 Months | Current |
| Parshotambhai Joitaram Patel Also directs: Ranjit Projects Private Limited | Director | 13 Dec 2006 | 19 Years 10 Months | Current |
| Ranchhodbhai Joitaram Patel | Director | 13 Dec 2006 | 19 Years 10 Months | Current |
| Gaurav Ranchhodbhai Patel Also directs: Ranjit Projects Private Limited, Ranjit Toll Road Private Limited, Sabarmati Buildcon LLP and 4 more | Managing Director | 13 Dec 2006 | 19 Years 10 Months | Current |
| Anilbhai Parshottambhai Patel Also directs: Ranjit Projects Private Limited | Director | 29 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Ranjit Buildcon Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Construction Services), 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 |
|---|---|---|---|---|---|---|
| Ravi Infrabuild Projects Limited | ₹1,649.23 Cr (FY 2025) | 17.0% | Udaipur, Rajasthan, India | |||
| SMC Infrastructures Private Limited | ₹1,618.73 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Gammon Engineers and Contractors Private Limited | ₹1,580.5 Cr (FY 2025) | -27.0% | Mumbai, Maharashtra, India | |||
| Ranjit Buildcon Limitedthis company | ₹1,531.58 Cr (FY 2024) | ₹85.06 Cr | 5.6% | 17.0% | 758 | Ahmedabad, Gujarat, India |
| J M Mhatre Infra Private Limited | ₹1,500.77 Cr (FY 2024) | -10.0% | Panvel, Maharashtra, India | |||
| Max Infra (I) Private Limited | ₹1,489.44 Cr (FY 2024) | 8.0% | Hyderabad, Telangana, India | |||
| D P Jain and Co Infrastructure Private Limited | ₹1,467.24 Cr (FY 2025) | -8.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Ranjit Buildcon Limited, buy the company report.
Auditor
Ranjit Buildcon Limited is audited by Manish D. Salvi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish D. Salvi & Associates | FY 2023 | 131769W |
Shareholding
The shareholding of Ranjit Buildcon Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ranjit Buildcon Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101120966 | Others | ₹1.38 Cr | Open | |
| 24 Feb 2025 | 101054376 | Others | ₹63.08 Lakh | Open | |
| 30 Nov 2024 | 101009072 | Hdfc Bank Limited | ₹61.11 Lakh | Open | |
| 28 Oct 2024 | 100996278 | Hdfc Bank Limited | ₹1.66 Cr | Open | |
| 04 Oct 2024 | 100988052 | Others | ₹1.85 Cr | Open |
To see the full charge records of Ranjit Buildcon Limited, buy the company report.
Total charge records: 120 View all charges
Deals & funding
Ranjit Buildcon Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Sep 2009 | Funding round | ₹3 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ranjit Buildcon Limited has 151 court cases on record: 63 filed by Ranjit Buildcon, 88 filed against it. 48 cases are pending and 103 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 52 | 24 |
| High courts | 66 | 34 | 23 |
| Supreme Court | 3 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 151)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by Vadodara Municipal Corporation | Pending |
| High Court, GUJARAT | Arbitration matter | Filed by the company against Kevadiya Infra Projects Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Multi Media Consultants Pvt. Ltd. and 3 others | Disposed |
| High Court of Gujarat | Court case (SCR.A) | Filed against the company | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax Pcit 3 | Pending |
To see the full case history of Ranjit Buildcon 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
Ranjit Buildcon Limited was last rated by Care on 25 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Mar 2022 |
To see the full credit ratings and regulatory alerts of Ranjit Buildcon Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ranjit Buildcon Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ranjit Buildcon has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ranjit Toll Road Private Limited | U45203GJ2009PTC056560 |
To see the full group structure of Ranjit Buildcon Limited, buy the company report.
Employees & EPFO
Ranjit Buildcon Limited has a workforce of 758 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Ranjit Buildcon has 14 GST registrations: 11 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCR4658R1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AADCR4658R2ZO | Gujarat | Active | 01 Apr 2025 |
| 07AADCR4658R1ZL | Delhi | Active | 01 Jul 2017 |
| 08AADCR4658R1ZJ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ranjit Buildcon Limited, buy the company report.
Recent activity
Ranjit Buildcon Limited has 16 board changes on record since 2006: 11 appointments and 5 cessations. The latest: Sanjay Harjivanbhai Patel ceased to be Director on 15 Mar 2016.
192 earlier events are in the company report.
Frequently asked questions
Ranjit Buildcon is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 December 2006 (20+ years old) and is registered under CIN U45206GJ2006PLC049570.
Ranjit Buildcon has 11 current directors and KMP:
- Gaurav Ranchhodbhai Patel - Managing Director
- Jyotikumar Sukhlal Varma - Director
- Jayeshkumar Mohanlal Patel - Director
- Parshotambhai Joitaram Patel - Director
- Ranchhodbhai Joitaram Patel - Director
- Anilbhai Parshottambhai Patel - Director
- Mukeshkumar Mohanlal Patel - Director
- Alka Gauravbhai Patel - Director
- Vaibhavkumar Ranchhodbhai Patel - Director
- Jugal Sureshbhai Thakkar - Director
- Suresh Somnath Dave - Company Secretary
The latest financial statements of Ranjit Buildcon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ranjit Buildcon is 24AADCR4658R1ZP, registered in Gujarat. The company has 14 GST registrations in all, of which 11 are active and 3 are cancelled or inactive. Other active GSTINs include 24AADCR4658R2ZO (Gujarat), 07AADCR4658R1ZL (Delhi), 08AADCR4658R1ZJ (Rajasthan).
The CIN (Corporate Identification Number) of Ranjit Buildcon is U45206GJ2006PLC049570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ranjit Buildcon has 151 court cases on record: 63 filed by the company and 88 filed against it. 48 are pending. Most are in the district courts.
Ranjit Buildcon was incorporated on 13 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ranjit Buildcon has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2011.
The peers of Ranjit Buildcon by revenue are Ravi Infrabuild Projects Limited, SMC Infrastructures Private Limited, Gammon Engineers and Contractors Private Limited, J M Mhatre Infra Private Limited, Max Infra (I) Private Limited and 1 more, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Sanjay Harjivanbhai Patel ceased to be Director on 15 Mar 2016. Suresh Somnath Dave was appointed as Company Secretary on 16 Mar 2015. Alka Gauravbhai Patel was appointed as Director on 15 Feb 2015. Ranjit Buildcon has 16 board changes on record in total.
Ranjit Buildcon can be reached through the website ranjitbuildcon.com. Its registered office is in Ahmedabad, Gujarat, India.
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