Maruti Infrastructure

What Maruti Infrastructure does

Maruti Infrastructure Limited is a BSE-listed (ticker: 531540) construction and infrastructure company headquartered in Ahmedabad, Gujarat, India. Founded in 1994 by Mr. Nimesh D. Patel under the Maruti Real Estate & Finance banner, the company was renamed twice before adopting its current name and listed on the Bombay Stock Exchange on 22 March 1996. The company operates as an integrated civil construction services provider, delivering EWS (Economically Weaker Section) housing, urban infrastructure for municipal corporations, residential and commercial building construction, bridges and roads, and water/utility infrastructure (ESRs, UG sumps, pipelines) across Gujarat.

Its service portfolio spans seven core offerings, all delivered through a project-based execution model combining civil engineering expertise, construction management, and on-site labor deployment rather than discrete software or technology products. The underlying technology is conventional construction execution — qualified engineers, supervisors, technicians, and administrative staff coordinated across individual project sites — with no proprietary digital platform, AI systems, or software product disclosed. The company does maintain a basic corporate website and social media presence (Facebook, Instagram, Twitter, YouTube) used for brand visibility rather than transactional or analytical purposes.

Maruti generates revenue primarily through fixed-price construction contracts awarded via competitive government tendering and direct negotiation with private clients. Pricing is project-specific, and revenue is lumpy and non-recurring rather than subscription-based. The primary customer segment is government bodies — chiefly Ahmedabad Municipal Corporation and Gujarat Water Supply & Sewerage Board — supplemented by private developers and corporate clients including Adani Ports & SEZ, Suzlon Gujarat Wind Park, IRCON International, Apollo International School, Asahi Songwon, Rajpath Club, and Aristo Lifespace. The current order book stands at approximately 207.25 crores (~12,72,790 sq ft of work area) to be executed over roughly two years, with the company operating from a single Ahmedabad office and serving only the Indian (Gujarat) market.

Name

Maruti Infrastructure

Legal name

Maruti Infrastructure Limited

Website

https://marutiinfra.in

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Maruti Infrastructure Limited is a BSE-listed Ahmedabad-based construction company (since 1994) that builds EWS housing, civic buildings, bridges, roads, and water infrastructure for government bodies and private clients across Gujarat.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Utility System Construction (2371), Highway, Street, and Bridge Construction (23731)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Water & Wastewater Pipeline Construction (Mains, Force Mains, Interceptors) (IMAFAGAC)

akta.pro secondary industries

Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Civil construction services
• EWS housing construction
• Urban infrastructure projects
• Bridge and road construction
• Water supply infrastructure

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Project Contracts: The company generates revenue through fixed-price construction project contracts awarded via competitive tendering for government bodies and private clients. Revenue is project-based and non-recurring, derived from civil construction, infrastructure development, residential housing (EWS projects), and turnkey construction projects across Gujarat.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Maruti Infrastructure Limited provides construction and infrastructure development services for government bodies and private clients primarily in Gujarat, India. The company executes EWS (Economically Weaker Section) housing projects, urban infrastructure works for municipal corporations, residential and commercial buildings, bridges and roads, and water supply systems. Services are delivered through competitive government tendering and direct private contracts, with current work on hand of approximately 207.25 crores across 12,72,790 sq. ft. of construction area.

Product overview

Maruti Infrastructure is a BSE-listed construction and infrastructure company headquartered in Ahmedabad, Gujarat, founded in 1994. The company operates as a unified construction services provider offering a portfolio of integrated services including EWS (Economically Weaker Section) Housing Construction, Urban Infrastructure Projects for municipal corporations, Residential and Commercial Building Construction, Civil Infrastructure Works (bridges, roads, data centers), and Water & Utility Infrastructure. The company executes projects for government bodies (primarily Ahmedabad Municipal Corporation), private developers, and industrial clients, with current work portfolio of approximately 12,72,790 sq feet and around 207.25 crores in ongoing projects. The service offerings are delivered through an integrated project management approach combining civil engineering expertise, construction management, and execution capabilities, rather than discrete product modules.

Differentiator

Problem solved

Functional benefit

Products and services

• EWS Housing Construction Services Construction of Economically Weaker Section (EWS) residential housing projects, including internal infrastructure and development work within plots across various locations in Ahmedabad, primarily for Ahmedabad Municipal Corporation.

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Ahmedabad Municipal CorporationcoreOthersLong-term government client relationship for municipal construction projects including EWS housing, ward offices, crematorium, community halls, roads, and various civic infrastructure developments across Ahmedabad.
• IRCON International Ltd.minorOthersSubcontractor relationship for infrastructure projects including bridge construction and road building works.
• Suzlon Gujarat Wind Park Ltd.minorOthersProvider of land development, levelling, cleaning and road construction services for wind park sites in Gujarat.
• Adani Ports & Special Economic Zone Ltd.minorOthersConstruction services provider for staff quarters and infrastructure at SEZ locations.
• Gujarat Water Supply & Sewerage BoardcoreOthersState government client for water supply infrastructure projects including ESR, UG sump and pipeline construction under missing link programme.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Tantia Constructions Ltd: Mid-sized Indian construction company involved in buildings, infrastructure, and government projects. Closely comparable in scale and segment focus to Maruti Infrastructure.
• Ahluwalia Contracts (India) Ltd: Construction contractor focused on residential, commercial, and institutional building projects including EWS housing for government bodies. Directly comparable to Maruti's building construction and EWS housing services.
• H.G. Infra Engineering Ltd: Highway and civil infrastructure construction company with focus on roads, bridges, and EPC projects. Comparable to Maruti's road and bridge construction capabilities for IRCON and similar clients.
• JMC Projects (India) Ltd: Civil construction and EPC firm focused on buildings, factories, and infrastructure. Comparable to Maruti for industrial building and institutional construction projects for enterprise clients.
• Patel Engineering Ltd: Mumbai-based infrastructure EPC firm specializing in hydro, irrigation, tunneling and water supply projects. Comparable to Maruti's water supply scheme work and heavy civil infrastructure capabilities.
• SPML Infra Ltd: Water infrastructure EPC specialist with significant presence in urban water supply, sewerage and irrigation projects. Direct peer for Maruti's GWSSB water supply pipeline, ESR, and UG sump work.

Broad incumbents

• Simplex Infrastructures Ltd: Diversified construction and infrastructure company with operations in buildings, roads, urban infrastructure, and power. Comparable for urban infrastructure and government contract work though at larger scale.
• Ashoka Buildcon Ltd: Infrastructure developer and EPC contractor with focus on roads, bridges, and power transmission. Comparable to Maruti's bridge and road construction capabilities for clients like IRCON.
• Sadbhav Engineering Ltd: Infrastructure EPC company with operations in roads, mining, and water/irrigation. Comparable to Maruti for transportation and water infrastructure project work though at larger scale.
• NCC Limited: Large Indian construction and infrastructure company with diverse portfolio across buildings, roads, water and irrigation. Comparable to Maruti for the building and water infrastructure segments though significantly larger in scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/maruti-infrastructure-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maruti Infrastructure