Makers Pvt Ltd
About Makers Pvt Ltd
Data last updated:
Makers Pvt Ltd is a private limited company based in Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 October 1946 and has been in existence for over 80 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1946PTC005271. Its GSTIN is 27AAFCM5865R1ZJ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Goutam Sabaji Chitnis and Kaustubh Gautam Chitnis.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 59 Forbes Street Fort Mumbai – 400 023, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.1 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹29.63 Lakh (net margin 32.5%) and EBITDA of ₹40.3 Lakh (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
Court records list 61 cases involving the company, including 23 filed by the company and 38 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address59 Forbes Street Fort Mumbai – 400 023, Maharashtra, India
- IndustryFinancial Services, Real Estate Financing
- 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
Business Activity of Makers Pvt Ltd
The main business activity of Makers is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Makers Pvt Ltd FY 2025 filings available
Makers Pvt Ltd reported revenue of ₹91.1 Lakh (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Makers Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 21% growth in the latest year. EBITDA rose 76% 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 of Makers Pvt Ltd
| 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 | ₹40.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.63 Lakh | •••• | •••• | •••• | •••• |
| 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 Makers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32.5% | •••• | •••• | •••• | •••• |
| 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 Makers 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.
Board of Directors of Makers Pvt Ltd
Makers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goutam Sabaji Chitnis | Director | 25 Apr 1990 | 36 Years 5 Months | Current |
| Kaustubh Gautam Chitnis | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
Peer Comparison of Makers Pvt Ltd
Makers Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nihon Merchants Pvt Ltd | ₹91.22 Lakh (FY 2025) | •••• | •••• | 5981.0% | •••• | Kolkata, West Bengal, India |
| Johal Real Estates Private Limited | ₹91.19 Lakh (FY 2024) | •••• | •••• | 391.0% | •••• | Jalandhar, Punjab, India |
| Snehdeep Commerce Private Limited | ₹91.16 Lakh (FY 2022) | •••• | •••• | 1220.0% | •••• | Kolkata, West Bengal, India |
| G.P. Products Private Limited | ₹91.13 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Landmark Vincom Private Limited | ₹91.12 Lakh (FY 2025) | •••• | •••• | 69.0% | •••• | Kolkata, West Bengal, India |
| Makers Pvt Ltd this company | ₹91.1 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Maharashtra, India |
| Jai Jagdembay Metal Industries Private Limited | ₹91.08 Lakh (FY 2025) | •••• | •••• | 292.0% | •••• | Delhi, India |
| Mahadev Infrastructure Private Limited | ₹91.04 Lakh (FY 2016) | •••• | •••• | 63.0% | •••• | Gandhidham, Gujarat, India |
| Raven Services and Engineers Private Limited | ₹91.03 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| Data Electronics Pvt Ltd | ₹91 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| KNSD Enterprises Private Limited | ₹90.99 Lakh (FY 2025) | •••• | •••• | 183.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Makers by revenue in the BFSI industry (Real Estate Leasing), 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 Makers Pvt Ltd
Makers Pvt Ltd is audited by RITESH HIBARE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RITESH HIBARE & CO | 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.
Ownership and Shareholding of Makers Pvt Ltd
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 Makers Pvt Ltd
Makers Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Makers Pvt Ltd
Makers Pvt Ltd has 61 court cases on record: 23 filed by Makers, 38 filed against it. 6 cases are pending and 55 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 24 | 6 |
| High courts | 28 | 14 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed against the company by 14 Reels Plus LLP | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by Icon Plast (India) Private Limited | Disposed |
| Calcutta High Court | Court case (APOT) | Filed against the company by L&T Finance Limited | Disposed |
| Calcutta High Court | Arbitration matter | Filed against the company by L&T Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Financial Services Limited | Disposed |
Full case history
All 61 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 Makers Pvt Ltd
Employment history and EPFO contributions of people linked to Makers.
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 Makers Pvt Ltd
Makers Pvt Ltd has 5 board changes on record since 1990: 2 appointments and 3 cessations. The latest: Kaustubh Gautam Chitnis ceased to be Additional Director on 30 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Makers Pvt Ltd
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 Makers Pvt Ltd
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 Makers Pvt Ltd
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 Makers Pvt Ltd
Makers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM5865R1ZJ | Maharashtra | Active | 22 Aug 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 Makers Pvt Ltd
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 Makers Pvt Ltd
Makers is an active private limited company based in Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 October 1946 (80+ years old) and is registered under CIN U24220MH1946PTC005271.
Makers reported revenue of ₹91.1 Lakh for FY 2025 (up 21% YoY).
Makers has 2 current directors:
- Goutam Sabaji Chitnis - Director
- Kaustubh Gautam Chitnis - Director
Makers reported a net profit of ₹29.63 Lakh (net margin 32.5%) and EBITDA of ₹40.3 Lakh (EBITDA margin 44.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Makers is 25% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Makers is 27AAFCM5865R1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Makers is U24220MH1946PTC005271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makers has 61 court cases on record: 23 filed by the company and 38 filed against it. 6 are pending. Most are in the district courts.
Makers was incorporated on 14 October 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Makers by revenue are Nihon Merchants Pvt Ltd, Johal Real Estates Private Limited, Snehdeep Commerce Private Limited, G.P. Products Private Limited, Landmark Vincom Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Kaustubh Gautam Chitnis ceased to be Additional Director on 30 Dec 2022. Shubha Sabaji Chitnis ceased to be Director on 15 Mar 2022. Kaustubh Gautam Chitnis was appointed as Director on 11 Dec 2020. Makers has 5 board changes on record in total.