Maharashtra State Road Development Corporation Limited

Manages road projects and toll collection for Maharashtra State Government.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 07, 2024

Maharashtra State Road Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 773.56 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 41,978.75 Cr
  • Satisfied Charges ₹ 12,711.28 Cr
  • Revenue Growth 21.76%
  • Profit Growth 88.10%
  • Ebitda 26.45%
  • Net Worth 35.19%
  • Total Assets 82.68%

About Maharashtra State Road Development Corporation

Maharashtra State Road Development Corporation Limited (MSRDCL) is a leading Public Limited State Government Company incorporated in India on 02 August 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 773.56 Cr.

The company currently has active open charges totaling ₹41,978.75 Cr. The company has closed loans amounting to ₹12,711.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharashtra State Road Development Corporation Limited India are Shreedhar Machha as CFO and Prasad Sawant as Company Secretary. Dadaji Bhuse, Anilkumar Gaikwad, Kailash Jadhav, and Three other members serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1996SGC101586

  • Company No.

    101586

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    02 Aug 1996

  • Date of AGM

    20 Aug 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Maharashtra State Road Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Anilkumar Gaikwad Country flag representing In Managing Director01-Feb-2018Current
Shreedhar Machha Country flag representing In CFO03-Jul-2019Current
Prasad Sawant Company Secretary01-Jan-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Manuj Jindal Country flag representing In Whole-Time Director 02-Feb-2024Current
Dadaji Bhuse Country flag representing In Director 14-Jul-2023Current
Kailash Jadhav Country flag representing In Whole-Time Director 23-Dec-2022Current
Chandragupta Ghag Country flag representing In Director 07-May-2021Current
Rajesh Patil Country flag representing In Whole-Time Director 15-Jan-2024Current

Financial Performance of Maharashtra State Road Development Corporation.

Maharashtra State Road Development Corporation Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 21.76% increase. The company also saw a substantial improvement in profitability, with a 88.1% increase in profit. The company's net worth Soared by an impressive increase of 35.19%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.76%
Revenue from Operations
14.44%
Total Assets
82.68%
Profit or Loss
88.10%
Net Worth
35.19%
EBITDA
26.45%

What is the Ownership and Shareholding Structure of Maharashtra State Road Development Corporation?

In 2019, Maharashtra State Road Development Corporation had a promoter holding of 100.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41,978.75 Cr

Satisfied Charges

₹12,711.28 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 39446.60 Cr
  • Indian Bank : 750.00 Cr
  • Il & Fs Trust Company Limited : 738.75 Cr
  • Others : 543.90 Cr
  • Canara Bank : 499.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2023Others₹543.90 CrOpen
15 Dec 2022Sbicap Trustee Company Limited₹5,500.00 CrOpen
21 Oct 2021Sbicap Trustee Company Limited₹4,296.60 CrOpen
08 Jan 2020Sbicap Trustee Company Limited₹28,000.00 CrOpen
19 Dec 2019Sbicap Trustee Company Limited₹1,650.00 CrOpen

How Many Employees Work at Maharashtra State Road Development Corporation?

Unlock and access historical data on people associated with Maharashtra State Road Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Road Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra State Road Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maharashtra State Road Development Corporation

Recent activity within the organization

  • Director Appointment

    Manuj Jindal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Feb 2024 & has been associated with this company since 11 months 29 days .

    02 Feb 2024

  • Director Appointment

    Rajesh Bhagwan Patil was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Jan 2024 & has been associated with this company since 1 year 16 days .

    15 Jan 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 28,000.00 Cr registered on 08 Jan 2020 with Charge ID 100319377 was modified on 08 Nov 2023.

    08 Nov 2023

  • Director Appointment

    Dadaji Dagadu Bhuse was appointed as a Director was appointed as a Director on 14 Jul 2023 & has been associated with this company since 1 year 6 months .

    14 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 543.90 Cr with Charge ID 100672197 was registered on 18 Jan 2023.

    18 Jan 2023

  • Director Appointment

    Kailash Vishnu Jadhav was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Dec 2022 & has been associated with this company since 2 years 1 month .

    23 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Maharashtra State Road Development Corporation Limited was incorporated on 02 Aug 1996.

  • The authorized share capital of Maharashtra State Road Development Corporation Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 773.56 Cr.

  • Currently 8 directors are associated with Maharashtra State Road Development Corporation Limited.

    • Dadaji Dagadu Bhuse
    • Anilkumar Baliram Gaikwad
    • Kailash Vishnu Jadhav
    • Chandragupta Sitaram Ghag
    • Rajesh Bhagwan Patil
    • Shreedhar Gangaram Machha
    • Prasad Ravikant Sawant
    • Manuj Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Road Development Corporation Limited is Public Works Departmentcompound Nepean Sea Road Priyadarshini Park India, Mumbai, Maharashtra, 400036.

  • The corporate identification number (CIN) of Maharashtra State Road Development Corporation Limited is U45200MH1996SGC101586 and the company number is 101586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra State Road Development Corporation Limited is https://www.msrdc.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Maharashtra State Road Development Corporation Limited has risen by 21.76%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Maharashtra State Road Development Corporation Limited has experienced an upsurge of 35.19%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Maharashtra State Road Development Corporation Limited amount to ₹ 41,978.75 Cr.

  • The most recent Balance Sheet for Maharashtra State Road Development Corporation Limited was filed with the ROC on 31 Mar 2019.

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