About Tril Roads Private Limited
Data last updated:
Tril Roads Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Realty And Infrastructure Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 27 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC174567. Its GSTIN is 27AACCN6123G1ZN (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.21 Cr. It was formerly known as Navinya Buildcon Private Limited. It is led by directors including Alok Kapoor and Mandot Ritesh Kantilal.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.13 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹10.62 Cr (net margin 27.8%) and EBITDA of ₹30.67 Cr (EBITDA margin 80.4%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹2,229.95 Cr and satisfied charges of ₹1,546.51 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 17 deals on record (7 convertible or debt financings, 6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹397.55 Cr; the latest was in November 2022. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is RMSV Construction Private Limited with revenue of ₹38.27 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatarealty.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressEruchshaw Building 4th Floor, Dr. Dadabhoy Naoroji Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Tril Roads Private Limited
The main business activity of Tril Roads is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | 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 Tril Roads Private Limited FY 2025 filings available
Tril Roads Private Limited reported revenue of ₹38.13 Cr (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tril Roads Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 101% growth in the latest year. EBITDA rose 154% 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 Tril Roads 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 | ₹30.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.62 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 Tril Roads Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.8% | •••• | •••• | •••• | •••• |
| 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 Tril Roads 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.
Board of Directors of Tril Roads Private Limited
Tril Roads has 3 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kapoor | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Neha Anand Pandit Also directs: Matheran Rope-Way Private Limited, Pune Solapur Expressways Private Limited, Dharamshala Ropeway Limited and 3 more | Additional Director | 29 Apr 2025 | 1 Years 5 Months | Current |
| Mandot Ritesh Kantilal | Director | 22 Aug 2024 | 2 Years 1 Months | Current |
Peer Comparison of Tril Roads Private Limited
Tril Roads 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 |
|---|---|---|---|---|---|---|
| RMSV Construction Private Limited | ₹38.27 Cr (FY 2024) | •••• | •••• | 115190.0% | •••• | Gumla, Jharkhand, India |
| Navita Nirman Limited | ₹38.22 Cr (FY 2025) | •••• | •••• | 417.0% | •••• | Kolkata, West Bengal, India |
| Bharat Engineering Construction Company Private Limited | ₹38.2 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Chennai, Tamil Nadu, India |
| Atharva Creators Private Limited | ₹38.17 Cr (FY 2021) | •••• | •••• | 24.0% | •••• | Nagpur, Maharashtra, India |
| Classic Infrastructure Developers Private Limited | ₹38.15 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Rewa, Madhya Pradesh, India |
| Tril Roads Private Limited this company | ₹38.13 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | Mumbai, Maharashtra, India |
| Kancharla Constructions Private Limited | ₹38.12 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| Gunnam Infra Projects Private Limited | ₹38.08 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Wrenchitup Civil and Structural Engineers Private Limited | ₹38.06 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Hyderabad, Telangana, India |
| Ambaji Infracon Private Limited | ₹38.05 Cr (FY 2023) | •••• | •••• | -29.0% | •••• | Gandhidham, Gujarat, India |
| Sepcon Systems Private Limited | ₹38.01 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Tril Roads 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 Tril Roads Private Limited
Tril Roads Private Limited is audited by MKPS & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MKPS & Associates | 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.
Ownership and Shareholding of Tril Roads 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 Tril Roads Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Sbicap Trustee Company Limited | ₹1,295.83 Cr | Open |
| 17 Jan 2024 | Others | ₹70.87 Cr | Open |
| 04 Aug 2023 | Others | ₹863.25 Cr | Open |
| 13 Feb 2021 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied |
| 13 Feb 2021 | Idbi Trusteeship Services Limited | ₹358.7 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Tril Roads Private Limited
Tril Roads Private Limited has 17 deals on record (7 convertible or debt financings, 6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹397.55 Cr; the latest was in November 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹130 Cr | Investors: Tata Realty and Infrastructure Limited. |
| Sep 2016 | Acquisition | ₹118.29 Cr | Buyer: Tata Realty and Infrastructure Limited. |
| Nov 2015 | Acquisition | ₹42.01 Cr | Buyer: Tata Realty and Infrastructure Limited. |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Tata Realty and Infrastructure Limited. , TRPL Roadways Private Limited & Pawan Kant Seller: Tril Highway Projects Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Tata Realty and Infrastructure Limited. Seller: an individual |
Full deal history
All 17 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 Tril Roads Private Limited
Tril Roads Private Limited has 5 court cases on record: 4 filed by Tril Roads, 1 filed against it. 1 case is pending and 4 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Ivrcl Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against National Highway Authority of India | Pending |
| High Court for State of Telangana | Appeal | Filed by the company against Ivrcl, (Formerly Known As Ivrcl Infrastructures and Projects | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against National Highway Authority of India | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 5 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.
MSME Payment Delays by Tril Roads Private Limited
Tril Roads Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Osource Global Private Limited | •••• | •••• | •••• |
| Micromill Technologies LLP | •••• | •••• | •••• |
| JVB & Co. | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Tril Roads Private Limited
Tril Roads Private Limited has a workforce of 7 employees as of Apr 02, 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.
Group Structure of Tril Roads Private Limited
Tril Roads has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Durg Shivnath Expressways Private Limited | U45203CT1997PTC012220 | Locked |
| Uchit Expressways Private Limited | U45203MH2016PTC286692 | Locked |
| Hampi Expressways Private Limited | U74999MH2015PTC263720 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Tril Roads Private Limited
Tril Roads Private Limited has 31 board changes on record since 2007: 3 appointments and 28 cessations. The latest: Neha Anand Pandit was appointed as Additional Director on 29 Apr 2025.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tril Roads 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.
Subsidiaries & Group Companies of Tril Roads 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 Tril Roads Private Limited
Tril Roads has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6123G1ZN | Maharashtra | Active | 01 Jul 2017 |
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 Tril Roads 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 Tril Roads Private Limited
Tril Roads is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 27 September 2007 (19+ years old) and is registered under CIN U45400MH2007PTC174567.
Tril Roads reported revenue of ₹38.13 Cr for FY 2025 (up 101% YoY).
Tril Roads has 3 current directors:
- Alok Kapoor - Director
- Neha Anand Pandit - Additional Director
- Mandot Ritesh Kantilal - Director
Tril Roads reported a net profit of ₹10.62 Cr (net margin 27.8%) and EBITDA of ₹30.67 Cr (EBITDA margin 80.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tril Roads is 52% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 101%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tril Roads is 27AACCN6123G1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tril Roads is U45400MH2007PTC174567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tril Roads has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Tril Roads was incorporated on 27 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Tril Roads has 17 deals on record (7 convertible or debt financings, 6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹397.55 Cr; the latest was in November 2022.
The peers of Tril Roads by revenue are RMSV Construction Private Limited, Navita Nirman Limited, Bharat Engineering Construction Company Private Limited, Atharva Creators Private Limited, Classic Infrastructure Developers Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Neha Anand Pandit was appointed as Additional Director on 29 Apr 2025. Mandot Ritesh Kantilal ceased to be Additional Director on 25 Mar 2025. Mandot Ritesh Kantilal was appointed as Director on 22 Aug 2024. Tril Roads has 31 board changes on record in total.