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MADHAV INFRA PROJECTS LIMITED

madhavcorp.com
Active
Updated: 24 Nov 2025

The company provides civil engineering and construction services.

Madhav Infra Projects Limited, is a listed public company incorporated on 07 October, 1992. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 91.15 cr and the total paid-up capital is INR 64.86 cr.

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Subscription Plans
Industry and products
Construction
  • Road, Flyover, Bridge, Canal projects
Company size
Auth Capital
₹ 91.2 Cr
Paidup Capital
₹ 64.9 Cr
Revenue
₹ 300-400 cr
# Key metrics of Madhav Infra Projects Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 91.2 Cr | | | Paidup Capital | ₹ 64.9 Cr | | | Revenue | ₹ 300-400 cr | | | Total Revenue | Details available with Tofler Pro subscription | 3.54% | | EBITDA | Details available with Tofler Pro subscription | 1.16% | | Net Profit | Details available with Tofler Pro subscription | -41.73% | | Networth | Details available with Tofler Pro subscription | 12.46% | | Borrowings | Details available with Tofler Pro subscription | -33.44% | | Assets | Details available with Tofler Pro subscription | -4.82% | | Gross Margin | Details available with Tofler Pro subscription | 2.24 | | Operating Margin | Details available with Tofler Pro subscription | -1.29 | | Net Profit Margin | Details available with Tofler Pro subscription | -4.0 | | Return on Equity | Details available with Tofler Pro subscription | -9.35 | | ROCE | Details available with Tofler Pro subscription | 0.38 | | Debt to Equity | Details available with Tofler Pro subscription | -0.39 |
Key Metrics

** All rupee values in INR crores.

Total Revenue
3.54%
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EBITDA
1.16%
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Net Profit
-41.73%
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Networth
12.46%
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Borrowings
-33.44%
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Assets
-4.82%
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Gross Margin
2.24
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Operating Margin
-1.29
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Net Profit Margin
-4.0
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Return on Equity
-9.35
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ROCE
0.38
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Debt to Equity
-0.39
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (16)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Ashok Khurana Madhavdas
Shareholder
00003617 7 years
Managing Director Amit Khurana
Shareholder
00003626 7 years
Director Nikhil Kaushik 00040403 1 years
Director Shankar Prasad Bhagat 01359807 1 years
Director Hiral Vinodbhai Patel 09719512 1 years
Director Neelakshi Amit Khurana 00027350 2 years

Financial Highlights

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Margins

Gross margin
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Balance Sheet

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Total assets

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 3

Total Amount : 414.8 cr

2

SBICap Trustee Company Limited

No. of Loans: 2

Total Amount : 322.0 cr

3

State Bank of India

No. of Loans: 2

Total Amount : 80.1 cr

4

Axis Bank Limited

No. of Loans: 12

Total Amount : 48.9 cr

5

Small Industries Development of India

No. of Loans: 2

Total Amount : 12.4 cr

6

Small Industries Development Bank of India

No. of Loans: 1

Total Amount : 9.7 cr

7

TATA MOTORS FINANCE SOLUTIONS LIMITED

No. of Loans: 6

Total Amount : 9.1 cr

8

TVS CREDIT SERVICES LIMITED

No. of Loans: 6

Total Amount : 6.0 cr

9

ICICI Bank Limited

No. of Loans: 10

Total Amount : 5.7 cr

10

IDBI Bank Limited

No. of Loans: 1

Total Amount : 5.0 cr

11

Cholamandalam Investment and Finance Company Limited

No. of Loans: 23

Total Amount : 4.3 cr

12

Bank of Maharashtra

No. of Loans: 1

Total Amount : 2.9 cr

13

HDFC Bank Limited

No. of Loans: 8

Total Amount : 1.3 cr

14

Mahindra and Mahindra Financial Services Limited

No. of Loans: 1

Total Amount : 0.7 cr

15

Bank of India

No. of Loans: 1

Total Amount : 0.0 cr

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Charges

IDBI Trusteeship Services Limited
SBICap Trustee Company Limited
State Bank of India
Axis Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
MADHAV HEIGHTS PRIVATE LIMITED
Active
40.0 L 1 Gujarat
ASPIRE INFRACON PRIVATE LIMITED
Active
1.5 L 1 Gujarat
SOL KAR INFRASTRUCTURE PRIVATE LIMITED
Active
1.4 Cr 2 Karnataka
MADHAV HEALTH CARE & REALTY PRIVATE LIMITED
Active
6.0 L 1 Gujarat
MSK INFRASTRUCTURE AND TOLL BRIDGE PRIVA TE LIMITED
Amalgamated
7.0 L 2 Gujarat
MANSHA TEXTILES PVT LTD
Active
46.4 L 3 Gujarat
INFINITY INFRABUILD LIMITED
Active
10.1 Cr 2 Gujarat
MADHAV INDUSTRIAL PARK PRIVATE LIMITED
Strike Off
1.5 L 1 Gujarat
MADHAV (SEHORA SILODI CORRIDOR) HIGHWAYS PRIVATE LIMITED
Active
27.6 Cr 2 Gujarat
MSK REAL ESTATES PRIVATE LIMITED
Active
11.0 L 1 Gujarat
RB REALESTATE PRIVATE LIMITED
Active
25.0 L 1 Gujarat
MADHAV (PHOOLSAGAR NIWAS SHAHPURA CORRIDOR) HIGHWAYS PRIVATE LIMITED
Active
41.6 Cr 2 Gujarat
MADHAV HOSPITALITY (VAPI) PRIVATE LIMITED
Strike Off
1.0 L 1 Gujarat
SAINERGY INDUSTRIAL PRODUCTS PRIVATE LIMITED
Active
50.0 L 1 Gujarat
ZEEL HOSPITALITY PRIVATE LIMITED
Active
10.0 L 1 Gujarat
MSK HIGHWAYS LIMITED
Amalgamated
7.6 Cr 2 Gujarat
D.A. FINVEST LIMITED
Active
2.0 Cr 1 Maharashtra
MADHAV (AARON SINDH ROAD) PRIVATE LIMITED
Active
9.6 Cr 2 Gujarat
MADHAV POWER PRIVATE LIMITED
Active
67.7 L 1 Gujarat
MSK PROJECTS (INDIA)(JV)LIMITED
Amalgamated
6.7 Cr 1 Gujarat
RAHATGARH BERKHEDI CORRIDOR PRIVATE LIMITED
Active
1.0 L 2 Gujarat
ASPIRE CONFRA PRIVATE LIMITED
Active
4.0 L 1 Gujarat
VIKRAMA ARCHITECTURE AND DESIGN PRIVATE LIMITED
Active
93.0 L 1 Gujarat
MADHAV SOLAR (J) PRIVATE LIMITED
Active
5.0 Cr 1 Gujarat
BADI BAKTARA TOLL PRIVATE LIMITED
Active
1.0 L 1 Gujarat
KHALGHAT MANAWAR TOLL PRIVATE LIMITED
Active
2.9 Cr 1 Gujarat
MSK PROJECTS (I) PRIVATE LIMITED
Active
2.0 L 1 Gujarat
MADHAV INFRA PROJECTS PRIVATE LIMITED
Amalgamated
21.6 L 2 Gujarat
MADHAV URJA PRIVATE LIMITED
Active
50.0 L 1 Gujarat
MADHAV SOLAR (VADODARA ROOFTOP) PRIVATE LIMITED
Active
14.1 Cr 1 Gujarat
MADHAV INFRACON (VIDISHA KURWAI CORRIDOR) PRIVATE LIMITED
Active
3.0 Cr 1 Gujarat
MADHAV INFRACON (GHANSORE MANDLA CORRIDOR) PRIVATE LIMITED
Active
5.2 Cr 1 Gujarat
SEABIRD EXPLORATION PRIVATE LIMITED
Active
1.0 L 1 Gujarat
ASH-A RESTAURANTS LLP
Active
1.0 L 2 Gujarat
MADHAV VASISTHA HYDRO POWER PRIVATE LIMITED
Active
6.9 Cr 1
WAA SOLAR LIMITED
Active
13.3 Cr 4 Gujarat
AI BIO FUELS PRIVATE LIMITED
Active
10,000.0 2 Gujarat
MI SOLAR (INDIA) PRIVATE LIMITED
Active
3.0 Cr 1 Gujarat
BIZZYBODYZ LEARNING SOLUTIONS LLP
Active
1.0 L 1 Gujarat
FORTUNE EXPORTS PRIVATE LIMITED
Active
6.1 L 1 Delhi
Adab Hospitality Services Private Limited
Active
1.0 L 1 Delhi
GOVINDPURA AUDYOGIK KSHETRA PRADUSHAN NIVARAN KENDRA
Active
5,000.0 1 Madhya Pradesh
FORTCAPS LABORATORIES PRIVATE LIMITED
Active
1.0 L 1 Delhi
GROUP PHARMACEUTICALS LIMITED
Active
12.7 Cr 1 Maharashtra
AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED
Active
9.8 Cr 1 Dadra & Nagar Haveli
HEMO ORGANIC LIMITED
Active
3.5 Cr 1 Gujarat
BVISHAL OIL AND ENERGY LIMITED
Active
23.9 Cr 1 Gujarat
EASY PAY LIMITED
Active
18.3 Cr 1
SAKAR HEALTHCARE LIMITED
Active
22.2 Cr 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
BADI BAKTARA TOLL PRIVATE LIMITED Gujarat 2016 ₹ 1.0 L
MI SOLAR (INDIA) PRIVATE LIMITED Gujarat 2016 ₹ 3.0 Cr
MADHAV (AARON SINDH ROAD) PRIVATE LIMITED Gujarat 2020 ₹ 9.6 Cr
SEABIRD EXPLORATION PRIVATE LIMITED Gujarat 2022 ₹ 1.0 L

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L45200GJ1992PLC018392

PAN

AADCM1157C

Incorporation

1992, 33.1 years

Company Email

gopal[dot]shah[at]madhavcorp[dot]com

Paid up Capital

₹ 64.9 Cr

Authorised Capital

₹ 91.2 Cr

AGM

Sep 2025

Type

Public
Others

FAQ - MADHAV INFRA PROJECTS LIMITED

What is the incorporation date of MADHAV INFRA PROJECTS LIMITED?

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The incorporation date of MADHAV INFRA PROJECTS LIMITED is 07 October, 1992

What is the authorized share capital of MADHAV INFRA PROJECTS LIMITED?

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The authorized share capital of MADHAV INFRA PROJECTS LIMITED is INR ₹ 91.2 Cr.

What is the paid-up capital of MADHAV INFRA PROJECTS LIMITED?

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The paid-up capital of MADHAV INFRA PROJECTS LIMITED is INR ₹ 64.9 Cr.

What is the registered address of MADHAV INFRA PROJECTS LIMITED?

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The registered address of MADHAV INFRA PROJECTS LIMITED is Madhav House, Plot No. 04, Nr. Panchratna Building, Subhanpura, Vadodara, Vadodara, Gujarat, India, 390023 - 390023

What is the CIN number of MADHAV INFRA PROJECTS LIMITED?

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The CIN number of MADHAV INFRA PROJECTS LIMITED is L45200GJ1992PLC018392.

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