About Tolani Projects Private Limited
Data last updated:
Tolani Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC059279. Its GSTIN is 24AADCT3457G1ZF (Gujarat). The company holds 16 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Narainbhai Hundaldas Tolani (Managing Director) and Pradeepbhai Kamalbhai Tolani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D 402 Swati Clover Near Shilaj Circle Shilaj, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹270.83 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹19.77 Cr (net margin 7.3%) and EBITDA of ₹27.36 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 31% over five years.
The company has about 260 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tolani Projects. As per MCA filings, the company has open charges of ₹108.51 Cr and satisfied charges of ₹32.6 Cr on record. Court records list 26 cases involving the company, including 13 filed by the company and 13 filed against it; 5 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in October 2023. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is KNK Construction Private Limited with revenue of ₹272.3 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 tolaniprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD 402 Swati Clover Near Shilaj Circle Shilaj, Ahmedabad, Gujarat, India – 380059
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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
- One PDF report, delivered after checkout
Business Activity of Tolani Projects Private Limited
The main business activity of Tolani Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tolani Projects Private Limited FY 2025 filings available
Tolani Projects Private Limited reported revenue of ₹270.83 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tolani Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 1% growth in the latest year. EBITDA rose 25% 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 of Tolani Projects Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.77 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 of Tolani Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tolani Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Tolani Projects Private Limited
Tolani Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KNK Construction Private Limited | ₹272.3 Cr (FY 2019) | •••• | •••• | 66.0% | •••• | Bangalore, Karnataka, India |
| Vishnusurya Projects and Infra Limited | ₹271.4 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Bitcon India Infrastructure Developers Private Limited | ₹271.2 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| P.C. Snehal Construction Private Limited | ₹271.07 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Unique Infraengineering India Private Limited | ₹271.04 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Udaipur, Rajasthan, India |
| Tolani Projects Private Limited this company | ₹270.83 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| PRN Infratech Private Limited | ₹270.31 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Hubli, Karnataka, India |
| Mohan Mutha Infrastructures Private Limited | ₹269.76 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Chennai, Tamil Nadu, India |
| Landmark Corporation Private Limited | ₹269.04 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Dmia Land (India) Private Limited | ₹267.35 Cr (FY 2025) | •••• | •••• | 579.0% | •••• | Hyderabad, Telangana, India |
| Sri Venkatachalapathy Constructions Private Limited | ₹267.04 Cr (FY 2022) | •••• | •••• | 407.0% | •••• | Erode, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Tolani Projects by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tolani Projects Private Limited
Tolani Projects Private Limited is audited by Himanshu Majithiya & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Himanshu Majithiya & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tolani Projects Private Limited
Tolani Projects has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeepbhai Kamalbhai Tolani | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Narainbhai Hundaldas Tolani Also directs: Tolani Energies Private Limited | Managing Director | 21 Jan 2010 | 16 Years 8 Months | Current |
| Dipesh Vishnubhai Tolani Also directs: Tolani Energies Private Limited, Ardhinusa Drilling Private Limited, GHV Tolani Projects LLP and 3 more | Director | 21 Jan 2010 | 16 Years 8 Months | Current |
| Veenaben Narainbhai Tolani | Director | 21 Jan 2010 | 16 Years 8 Months | Current |
Ownership and Shareholding of Tolani Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tolani Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2025 | Others | ₹20 Cr | Open |
| 10 Mar 2023 | Tata Capital Financial Services Limited | ₹3.89 Cr | Open |
| 13 Jun 2016 | State Bank of India | ₹18 Lakh | Open |
| 11 Mar 2010 | Canara Bank | ₹84.44 Cr | Open |
| 15 Sep 2018 | Others | ₹25.22 Lakh | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Tolani Projects Private Limited
Tolani Projects Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in October 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2012 | Funding round | ₹4 Cr | Investors: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Tolani Projects Private Limited
Tolani Projects Private Limited has 26 court cases on record: 13 filed by Tolani Projects, 13 filed against it. 5 cases are pending and 21 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 12 | 3 |
| High courts | 7 | 1 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed by the company against NMT Shipping Pvt Ltd | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Oil and Natural Gas Corporation Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by NMT Shipping Pvt Ltd | Disposed |
| District court, Bharuch, Gujarat | Court case (CMA SC) | Filed by the company against Oil and Natural Gas Corporation Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Oil and Natural Gas Corporation Limited | Disposed |
Full case history
All 26 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Tolani Projects Private Limited
Tolani Projects operates one associated brand: Tolani Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and construction services in pipelines, civil works, and infrastructure in India. | tolaniprojects.com |
Employees and EPFO Compliance at Tolani Projects Private Limited
Tolani Projects Private Limited has a workforce of 260 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tolani Projects Private Limited
Tolani Projects Private Limited has 10 board changes on record since 2010: 4 appointments and 6 cessations. The latest: Pradeepbhai Kamalbhai Tolani ceased to be Additional Director on 30 Sep 2022.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tolani Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tolani Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tolani Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tolani Projects Private Limited
Tolani Projects has 16 GST registrations: 13 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT3457G1ZF | Gujarat | Active | 01 Jul 2017 |
| 37AADCT3457G1Z8 | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AADCT3457G2ZF | Tamil Nadu | Active | 19 Sep 2018 |
| 03AADCT3457G1ZJ | Punjab | Active | 19 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tolani Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tolani Projects Private Limited
Tolani Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC059279.
Tolani Projects reported revenue of ₹270.83 Cr for FY 2025 (up 1% YoY).
Tolani Projects has 4 current directors:
- Narainbhai Hundaldas Tolani - Managing Director
- Pradeepbhai Kamalbhai Tolani - Director
- Dipesh Vishnubhai Tolani - Director
- Veenaben Narainbhai Tolani - Director
Tolani Projects reported a net profit of ₹19.77 Cr (net margin 7.3%) and EBITDA of ₹27.36 Cr (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tolani Projects is 21% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tolani Projects is 24AADCT3457G1ZF, registered in Gujarat. The company has 16 GST registrations in all, of which 13 are active and 3 are cancelled or inactive. Other active GSTINs include 37AADCT3457G1Z8 (Andhra Pradesh), 33AADCT3457G2ZF (Tamil Nadu), 03AADCT3457G1ZJ (Punjab).
The CIN (Corporate Identification Number) of Tolani Projects is U45201GJ2010PTC059279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tolani Projects has 26 court cases on record: 13 filed by the company and 13 filed against it. 5 are pending. Most are in the district courts.
Tolani Projects was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tolani Projects has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in October 2023.
The peers of Tolani Projects by revenue are KNK Construction Private Limited, Vishnusurya Projects and Infra Limited, Bitcon India Infrastructure Developers Private Limited, P.C. Snehal Construction Private Limited, Unique Infraengineering India Private Limited and 5 more, all in the Infrastructure industry (Construction Services).