Midland Projects Ltd
About Midland Projects Ltd
Data last updated:
Midland Projects Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17232WB1981PLC034129. Its GSTIN is 19AADCM4353Q1ZV (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.5 Lakh. It is led by directors including Anurag Bindawala (Whole-Time Director) and Bhagwan Das Bindawala.
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 Room No M – 214 2nd Floor 64A Hemanta Basu Sarani, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.47 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹89.52 Lakh (net margin 60.9%) and EBITDA of ₹1.22 Cr (EBITDA margin 83.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed by 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 AddressRoom No M – 214 2nd Floor 64A Hemanta Basu Sarani, Kolkata, West Bengal, India – 700001
- 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 Midland Projects Ltd
The main business activity of Midland Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Midland Projects Ltd FY 2025 filings available
Midland Projects Ltd reported revenue of ₹1.47 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midland Projects Ltd
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA fell 13% 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 Midland Projects 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 | ₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹89.52 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 Midland Projects Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 60.9% | •••• | •••• | •••• | •••• |
| 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 Midland Projects 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 Midland Projects Ltd
Midland Projects Ltd 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 |
|---|---|---|---|---|---|---|
| Suji Infra Private Limited | ₹1.47 Cr (FY 2021) | •••• | •••• | 361.0% | •••• | Hyderabad, Telangana, India |
| Suryaraksha Private Limited | ₹1.47 Cr (FY 2023) | •••• | •••• | •••• | Khatima, Uttarakhand, India | |
| Chande Ventures Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Anjar, Gujarat, India |
| Vijay Saras Builders Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 1326.0% | •••• | Kanchipuram, Tamil Nadu, India |
| B A Properties Private Limited | ₹1.47 Cr (FY 2018) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Midland Projects Ltd this company | ₹1.47 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Devkosh Traders Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Mantra Realtors Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Atal Kutumb Enterprises Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 253.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ventura Realtors India Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Kyzer Estate Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Midland Projects 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 Midland Projects Ltd
Midland Projects Ltd is audited by Agarwal Vishal Kumar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agarwal Vishal Kumar & 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 Midland Projects Ltd
Midland Projects has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Bindawala Also directs: Bindawala Banijya Ltd, Bindawala Cables & Conductors Limited, Killi Electricals Pvt Ltd and 2 more | Whole-Time Director | 28 Mar 2003 | 23 Years 6 Months | Current |
| Bhagwan Das Bindawala | Director | 10 Nov 1989 | 36 Years 11 Months | Current |
| Hima Bindawala | Director | 26 Dec 2003 | 22 Years 9 Months | Current |
Ownership and Shareholding of Midland Projects 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 Midland Projects Ltd
Midland Projects Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Midland Projects Ltd
Midland Projects Ltd has 1 court case on record: 1 filed by Midland Projects. All case is pending. Status as checked on 01 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, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | 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 Midland Projects Ltd
Employment history and EPFO contributions of people linked to Midland Projects.
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.
Group Structure of Midland Projects Ltd
Midland Projects has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Midland Projects Ltd
Midland Projects has one previous CIN (Corporate Identification Number): L17232WB1981PLC034129. The current CIN is U17232WB1981PLC034129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17232WB1981PLC034129 | Current |
| L17232WB1981PLC034129 | Previous |
Recent Activity on Midland Projects Ltd
Midland Projects Ltd has 7 board changes on record since 1989: 5 appointments and 2 cessations. The latest: Avinash Himatsingka ceased to be Director on 09 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Midland Projects 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 Midland Projects 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 Midland Projects 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 Midland Projects Ltd
Midland Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCM4353Q1ZV | West Bengal | 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 Midland Projects 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 Midland Projects Ltd
Midland Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 September 1981 (45+ years old) and is registered under CIN U17232WB1981PLC034129.
Midland Projects reported revenue of ₹1.47 Cr for FY 2025 (up 6% YoY).
Midland Projects has 3 current directors:
- Anurag Bindawala - Whole-Time Director
- Bhagwan Das Bindawala - Director
- Hima Bindawala - Director
Midland Projects reported a net profit of ₹89.52 Lakh (net margin 60.9%) and EBITDA of ₹1.22 Cr (EBITDA margin 83.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midland Projects is -10% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midland Projects is 19AADCM4353Q1ZV, registered in West Bengal.
The CIN (Corporate Identification Number) of Midland Projects is U17232WB1981PLC034129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midland Projects has 1 court case on record: 1 filed by the company. 1 is pending.
Midland Projects was incorporated on 19 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Midland Projects by revenue are Suji Infra Private Limited, Suryaraksha Private Limited, Chande Ventures Private Limited, Vijay Saras Builders Private Limited, B A Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Avinash Himatsingka ceased to be Director on 09 Dec 2021. Avinash Himatsingka was appointed as Director on 01 Aug 2018. Namrata Singhania ceased to be Additional Director on 01 Aug 2018. Midland Projects has 7 board changes on record in total.