Mars Advisors Private Limited
About Mars Advisors Private Limited
Data last updated:
Mars Advisors Private Limited 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 10 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2007PTC169824. Its GSTIN is 27AABCH8700J1ZK (Maharashtra).
The company has an authorised share capital of ₹5.12 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as Hr Realtors & Developers Private Limited. It is led by directors including Sangeeta Ramchandra Mahadik and Sunil Govindlal Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.58 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹25.2 Lakh (net margin -32.9%) and EBITDA of -₹17.26 Lakh (EBITDA margin -22.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressOffice No. A 302 A Wing 3rd Floor Shubham Centre, Cardinal Gracious Road Behind Chakala Weight Bridge, Mumbai, Maharashtra, India – 400093
- 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
- One PDF report, delivered after checkout
Business Activity of Mars Advisors Private Limited
The main business activity of Mars Advisors is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy 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 Mars Advisors Private Limited FY 2025 filings available
Mars Advisors Private Limited reported revenue of ₹76.58 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mars Advisors Private Limited
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 143% 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 Mars Advisors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹17.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.2 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 Mars Advisors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.9% | •••• | •••• | •••• | •••• |
| 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 Mars Advisors 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 Mars Advisors Private Limited
Mars Advisors 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 |
|---|---|---|---|---|---|---|
| Urvi Build Tech Limited | ₹76.67 Lakh (FY 2019) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Trilochan Projects and Developers Private Limited | ₹76.64 Lakh (FY 2025) | •••• | •••• | 182368.0% | •••• | Bhubaneswar, Odisha, India |
| East West Infra Projects Private Limited | ₹76.63 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Sanman Buildcon Private Limited | ₹76.62 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Nanded, Maharashtra, India |
| Plethora Projects Private Limited | ₹76.61 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Mars Advisors Private Limited this company | ₹76.58 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Brigantine Estate Private Limited | ₹76.58 Lakh (FY 2023) | •••• | •••• | -87.0% | •••• | Gurgaon, Haryana, India |
| Sonalal Construction Private Limited | ₹76.55 Lakh (FY 2024) | •••• | •••• | 68.0% | •••• | Howrah, West Bengal, India |
| 7 Dimensions Estates Private Limited | ₹76.53 Lakh (FY 2022) | •••• | •••• | 217.0% | •••• | Zirakpur, Punjab, India |
| MZF Builders Private Limited | ₹76.53 Lakh (FY 2018) | •••• | •••• | 24.0% | •••• | Dehradun, Uttarakhand, India |
| Prospectivevision Enterprises Private Limited | ₹76.53 Lakh (FY 2025) | •••• | •••• | 79.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mars Advisors 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 Mars Advisors Private Limited
Mars Advisors Private Limited is audited by D Y SHAH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D Y SHAH & ASSOCIATES | 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 Mars Advisors Private Limited
Mars Advisors has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Ramchandra Mahadik Also directs: Ace Corpserve LLP, BDG Advisors (India) LLP | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Sunil Govindlal Bhandari | Director | 02 Oct 2020 | 6 Years 0 Months | Current |
| Alka Sunil Bhandari | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Mars Advisors 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 Mars Advisors Private Limited
Mars Advisors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mars Advisors Private Limited
Mars Advisors Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Company is another party | Pending |
Full case history
All 1 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 Mars Advisors Private Limited
Employment history and EPFO contributions of people linked to Mars Advisors.
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.
CIN History of Mars Advisors Private Limited
Mars Advisors has one previous CIN (Corporate Identification Number): U45400MH2007PTC169824. The current CIN is U74110MH2007PTC169824, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2007PTC169824 | Current |
| U45400MH2007PTC169824 | Previous |
Recent Activity on Mars Advisors Private Limited
Mars Advisors Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Sunil Govindlal Bhandari ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Mars Advisors 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 Mars Advisors 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 Mars Advisors 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 Mars Advisors Private Limited
Mars Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8700J1ZK | Maharashtra | Active | 25 Dec 2021 |
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 Mars Advisors 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 Mars Advisors Private Limited
Mars Advisors 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 10 April 2007 (19+ years old) and is registered under CIN U74110MH2007PTC169824.
Mars Advisors reported revenue of ₹76.58 Lakh for FY 2024 (down 11% YoY).
Mars Advisors has 3 current directors:
- Sangeeta Ramchandra Mahadik - Director
- Sunil Govindlal Bhandari - Director
- Alka Sunil Bhandari - Director
Mars Advisors reported a net loss of ₹25.2 Lakh (net margin -32.9%) and EBITDA of -₹17.26 Lakh (EBITDA margin -22.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mars Advisors is 37% over three years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mars Advisors is 27AABCH8700J1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mars Advisors is U74110MH2007PTC169824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Advisors has 1 court case on record. 1 is pending.
Mars Advisors was incorporated on 10 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mars Advisors by revenue are Urvi Build Tech Limited, Trilochan Projects and Developers Private Limited, East West Infra Projects Private Limited, Sanman Buildcon Private Limited, Plethora Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sunil Govindlal Bhandari ceased to be Additional Director on 31 Dec 2020. Sunil Govindlal Bhandari was appointed as Director on 02 Oct 2020. Alka Sunil Bhandari ceased to be Additional Director on 14 Aug 2019. Mars Advisors has 8 board changes on record in total.