Kshitij Estates Private Limited
About Kshitij Estates Private Limited
Data last updated:
Kshitij Estates Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2002PTC138285.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Dhiraj Avinash Balkundi (Managing Director) and Pravinchandra Jagannath Desai.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No 13 Datta Prasad Bldgno 1 Sanjay Gandhi Nagar Mithila Road Upuagar, Nashik, Maharashtra, India – 422106.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.2 Lakh. For the same year it recorded a net loss of ₹2,046 (net margin -1.7%) and EBITDA of ₹51,250 (EBITDA margin 42.7%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Kshitij Estates Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressFlat No 13 Datta Prasad Bldgno 1 Sanjay Gandhi Nagar Mithila Road Upuagar, Nashik, Maharashtra, India – 422106
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Kshitij Estates Private Limited
FY 2019 filings availableKshitij Estates Private Limited reported revenue of ₹1.2 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹51,250 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,046 | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | -1.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kshitij Estates Private Limited, buy the company report.
Board of directors of Kshitij Estates Private Limited
Kshitij Estates has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Avinash Balkundi | Managing Director | 17 Dec 2002 | 23 Years 10 Months | Current |
| Pravinchandra Jagannath Desai | Director | 01 May 2005 | 21 Years 5 Months | Current |
| Rupali Pravinchandra Desai | Director | 15 Oct 2020 | 6 Years 0 Months | Current |
| Mangal Dharmedra Kadam | Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Dharmendra Bhaskar Kadam | Director | 01 May 2005 | 21 Years 5 Months | Current |
| Minal Sandeep Chougule | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
Kshitij Estates Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kshitij Estates Private Limitedthis company | ₹1.2 Lakh (FY 2019) | -₹2,046 | -1.7% | Nashik, Maharashtra, India | ||
| Nidhi Developers Pvt.Ltd. | ₹1.2 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Suma Resorts Pvt.Ltd. | ₹1.2 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Shaz Housings Private Limited | ₹1.2 Lakh (FY 2025) | Uttar Pradesh, India | ||||
| Riverside Heights Private Limited | ₹1.2 Lakh (FY 2019) | Lucknow, Uttar Pradesh, India | ||||
| Energy Properties Private Limited | ₹1.2 Lakh (FY 2021) | -9.0% | Howrah, West Bengal, India | |||
| Jalaram Infra Space Private Limited | ₹1.2 Lakh (FY 2024) | Modasa, Gujarat, India | ||||
| Lavish Prodev Private Limited | ₹1.2 Lakh (FY 2025) | -43.0% | Kolkata, West Bengal, India | |||
| Sonar Bangla Developers Private Limited | ₹1.2 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Winner Estates Private Limited | ₹1.2 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Belda Agro Oils Private Limited | ₹1.2 Lakh (FY 2023) | Howrah, West Bengal, India |
To see the full peer comparison of Kshitij Estates Private Limited, buy the company report.
Legal cases
Kshitij Estates Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (Civil M.A.) | Filed against the company by Shri. Prakash Enterprises Through Shri. Ramesh Gajanan Kulthe | Disposed |
To see the full case history of Kshitij Estates Private Limited, 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 Kshitij Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kshitij Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kshitij Estates Private Limited has 6 board changes on record since 2002: 6 appointments. The latest: Rupali Pravinchandra Desai was appointed as Director on 15 Oct 2020.
Frequently asked questions
Kshitij Estates is an active private limited company based in Nashik, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 December 2002 (24+ years old) and is registered under CIN U45200MH2002PTC138285.
Kshitij Estates has 6 current directors:
- Dhiraj Avinash Balkundi - Managing Director
- Pravinchandra Jagannath Desai - Director
- Rupali Pravinchandra Desai - Director
- Mangal Dharmedra Kadam - Director
- Dharmendra Bhaskar Kadam - Director
- Minal Sandeep Chougule - Director
The latest financial statements of Kshitij Estates on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kshitij Estates is U45200MH2002PTC138285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kshitij Estates has 1 court case on record: 1 filed against it.
Kshitij Estates was incorporated on 17 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kshitij Estates by revenue are Nidhi Developers Pvt.Ltd, Suma Resorts Pvt.Ltd, Shaz Housings Private Limited, Riverside Heights Private Limited, Energy Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rupali Pravinchandra Desai was appointed as Director on 15 Oct 2020. Mangal Dharmedra Kadam was appointed as Director on 07 Oct 2020. Minal Sandeep Chougule was appointed as Director on 01 Apr 2007. Kshitij Estates has 6 board changes on record in total.
The registered office of Kshitij Estates is at Flat No 13 Datta Prasad Bldgno 1 Sanjay Gandhi Nagar Mithila Road Upuagar, Nashik, Maharashtra, India – 422106.
Kshitij Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
Kshitij Estates can be reached at its registered office: Flat No 13 Datta Prasad Bldgno 1 Sanjay Gandhi Nagar Mithila Road Upuagar, Nashik, Maharashtra, India – 422106.