Kothari Builders Pvt Ltd
About Kothari Builders Pvt Ltd
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Kothari Builders Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1986PTC040252. Its GSTIN is 27AAACK0434F1Z0 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Shantilal Bachubhai Rita and Kanji Bachubhai Rita.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.5 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹12.88 Lakh (net margin 21.7%) and EBITDA of ₹13.24 Lakh (EBITDA margin 22.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kothari Builders Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop – 234 Kenorita Jewels, Station Road Goregoan (West), Mumbai, Maharashtra, India – 400104
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kothari Builders Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Kothari Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Kothari Builders Pvt Ltd, buy the company report.
Financials of Kothari Builders Pvt Ltd
FY 2024 filings availableKothari Builders Pvt Ltd reported revenue of ₹59.5 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 19% fall in the latest year. EBITDA rose 43% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.24 Lakh | ||||
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| Net Profit (PAT) | ₹12.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 21.7% | ||||
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To see the full financial statements and ratios of Kothari Builders Pvt Ltd, buy the company report.
Board of directors of Kothari Builders Pvt Ltd
Kothari Builders has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Bachubhai Rita Also directs: Kenorita Fashion LLP, Inventure Wealth Management Limited, Inventure Insurance Broking Private Limited and 2 more | Director | 07 Aug 2006 | 20 Years 2 Months | Current |
| Kanji Bachubhai Rita Also directs: Inventure Developers Private Limited, Inventure Growth and Securities Limited, Ratnasagar Enterprises Private Limited and 5 more | Director | 01 Oct 2008 | 18 Years 0 Months | Current |
| Harilal Bhachubhai Rita Also directs: Pioneer Securities Private Limited, Keshvi Developers Private Limited, Inventure Finance Private Limited and 1 more | Director | 16 Nov 2009 | 16 Years 11 Months | Current |
| Navin Chheda Karsan | Director | 07 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Kothari Builders Pvt Ltd is audited by KETAN FARIYA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KETAN FARIYA & ASSOCIATES | FY 2018 | 133858W |
Shareholding
The shareholding of Kothari Builders Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kothari Builders Pvt Ltd, buy the company report.
Legal cases
Kothari Builders Pvt Ltd has 9 court cases on record: 1 filed by Kothari Builders, 8 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 3 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed against the company by Ms. K.R.Shoppers Pvt.Ltd. | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (M Appeal) | Filed against the company by M/S. K. R. Shoppers Private Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Pending |
To see the full case history of Kothari Builders Pvt Ltd, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Kothari Builders Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kothari Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK0434F1Z0 | Maharashtra | Active | 03 Jun 2021 |
To see the full GST registrations and return filing status of Kothari Builders Pvt Ltd, buy the company report.
Recent activity
Kothari Builders Pvt Ltd has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Harilal Bhachubhai Rita ceased to be Additional Director on 28 Sep 2010.
Frequently asked questions
Kothari Builders is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 June 1986 (40+ years old) and is registered under CIN U70100MH1986PTC040252.
Kothari Builders has 4 current directors:
- Shantilal Bachubhai Rita - Director
- Kanji Bachubhai Rita - Director
- Harilal Bhachubhai Rita - Director
- Navin Chheda Karsan - Director
The latest financial statements of Kothari Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kothari Builders is 27AAACK0434F1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kothari Builders is U70100MH1986PTC040252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Builders has 9 court cases on record: 1 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Kothari Builders was incorporated on 27 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Harilal Bhachubhai Rita ceased to be Additional Director on 28 Sep 2010. Harilal Bhachubhai Rita was appointed as Director on 16 Nov 2009. Kanji Bachubhai Rita was appointed as Director on 01 Oct 2008. Kothari Builders has 5 board changes on record in total.
The registered office of Kothari Builders is at Shop – 234 Kenorita Jewels, Station Road Goregoan West, Mumbai, Maharashtra, India – 400104.
Kothari Builders operates in the real estate and construction industry, in the real estate builders and developers segment.