Ashford Developers Private Limited
About Ashford Developers Private Limited
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Ashford Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1988PTC049350. Its GSTIN is 27AACCA6928N1Z8 (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Sonia Gogri Ketan and Bina Bharat Shah.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.71 Cr (net margin 88.3%) and EBITDA of ₹3.71 Cr (EBITDA margin 88.3%). Revenue has grown at a compounded annual rate (CAGR) of 214% over three years.
Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address10 Ashford Center Shankarrao Naram Path Opp. Peninsula Corporate Park Lower Par, El, Mumbai, Maharashtra, India – 400013
- 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
Financials of Ashford Developers Private Limited FY 2025 filings available
Ashford Developers Private Limited reported revenue of ₹4.21 Cr (up 6635% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashford Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 214% over three years. 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 Ashford Developers 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 | ₹3.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.71 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 Ashford Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 88.3% | •••• | •••• | •••• | •••• |
| 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 Ashford Developers 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 Ashford Developers Private Limited
Ashford Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreekeerti Properties Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | 289.0% | •••• | Chennai, Tamil Nadu, India |
| SJS Infrazone Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | 299.0% | •••• | Lucknow, Uttar Pradesh, India |
| Aafco Real Estates India Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Basoda, Madhya Pradesh, India |
| Dayanidhi Radha Infra Construction Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Kankhal, Uttarakhand, India |
| Achievement Infrastructure Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | •••• | Solan, Himachal Pradesh, India | |
| Ashford Developers Private Limited this company | ₹4.21 Cr (FY 2025) | •••• | •••• | 6635.0% | •••• | Mumbai, Maharashtra, India |
| Maa Pitambara Realtech Developers Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Gwalior, Madhya Pradesh, India |
| Puris Investment Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Comfair Systems and Services Private Limited | ₹4.21 Cr (FY 2021) | •••• | •••• | -5.0% | •••• | Kochi, Kerala, India |
| Nissaa Realtors Private Limited | ₹4.21 Cr (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Yogada Housing Project Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | -84.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ashford Developers by revenue in the Real Estate industry (Builders and Developers), 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 Ashford Developers Private Limited
Ashford Developers Private Limited is audited by Archana Rikesh Parikh for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Archana Rikesh Parikh | 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 Ashford Developers Private Limited
Ashford Developers has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Gogri Ketan | Director | 01 Jun 2007 | 19 Years 4 Months | Current |
| Bina Bharat Shah Also directs: Rishina Constructions P Ltd, Analysis Investments Private Limited, Rhiday Real Estate Developers Private Limited and 5 more | Director | 19 Dec 1988 | 37 Years 9 Months | Current |
| Rashesh Bharat Shah | Director | 26 Jun 2017 | 9 Years 3 Months | Current |
| Ketan Shamji Gogri | Director | 25 Oct 1998 | 27 Years 11 Months | Current |
| Esha Ketan Gogri | Director | 24 Dec 2015 | 10 Years 9 Months | Current |
| Bharat Shantilal Shah | Director | 19 Dec 1988 | 37 Years 9 Months | Current |
Ownership and Shareholding of Ashford Developers 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 Ashford Developers Private Limited
Ashford Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ashford Developers Private Limited
Ashford Developers Private Limited has 19 court cases on record: 14 filed by Ashford Developers, 5 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 5 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India Throu. Ministry of Poer Shram Shakti Bhavan | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by an individual | Disposed |
Full case history
All 19 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.
Employees and EPFO Compliance at Ashford Developers Private Limited
Employment history and EPFO contributions of people linked to Ashford Developers.
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 Ashford Developers Private Limited
Ashford Developers Private Limited has 13 board changes on record since 1988: 8 appointments and 5 cessations. The latest: Rashesh Bharat Shah ceased to be Additional Director on 29 Sep 2017.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashford Developers 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 Ashford Developers 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 Ashford Developers 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 Ashford Developers Private Limited
Ashford Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA6928N1Z8 | 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 Ashford Developers 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 Ashford Developers Private Limited
Ashford Developers 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 25 October 1988 (38+ years old) and is registered under CIN U45200MH1988PTC049350.
Ashford Developers reported revenue of ₹4.21 Cr for FY 2025 (up 6635% YoY).
Ashford Developers has 8 current directors:
- Sonia Gogri Ketan - Director
- Bina Bharat Shah - Director
- Rashesh Bharat Shah - Director
- Ketan Shamji Gogri - Director
- Esha Ketan Gogri - Director
- Bharat Shantilal Shah - Director
- Trishala Ketan Gogri - Director
- Rajiv Bharat Shah - Director
Ashford Developers reported a net profit of ₹3.71 Cr (net margin 88.3%) and EBITDA of ₹3.71 Cr (EBITDA margin 88.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashford Developers is 214% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashford Developers is 27AACCA6928N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashford Developers is U45200MH1988PTC049350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashford Developers has 19 court cases on record: 14 filed by the company and 5 filed against it.
Ashford Developers was incorporated on 25 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashford Developers by revenue are Shreekeerti Properties Private Limited, SJS Infrazone Private Limited, Aafco Real Estates India Private Limited, Dayanidhi Radha Infra Construction Private Limited, Achievement Infrastructure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rashesh Bharat Shah ceased to be Additional Director on 29 Sep 2017. Trishala Ketan Gogri ceased to be Additional Director on 29 Sep 2017. Rashesh Bharat Shah was appointed as Director on 26 Jun 2017. Ashford Developers has 13 board changes on record in total.