About Noorani Corbel Developers Private Limited
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Noorani Corbel Developers Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2009PTC051202. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Razak Bhavnagari Muhammad and Kumail Razak Bhavnagari.
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 Noorani Plaza No. 280 Station Road, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.36 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹33,835 (net margin 7.8%) and EBITDA of ₹1.82 Lakh (EBITDA margin 41.7%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nooranicorbel.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNoorani Plaza No. 280 Station Road, Belgaum, Karnataka, India – 590001
- 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 Noorani Corbel Developers Private Limited
The main business activity of Noorani Corbel Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of 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 Noorani Corbel Developers Private Limited FY 2025 filings available
Noorani Corbel Developers Private Limited reported revenue of ₹4.36 Lakh (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Noorani Corbel Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 82% fall in the latest year. EBITDA fell 85% 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 Noorani Corbel Developers Private Limited
| 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 | ₹1.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33,835 | •••• | •••• | •••• | •••• |
| 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 Noorani Corbel Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 Noorani Corbel Developers 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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers 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 |
|---|---|---|---|---|---|---|
| Coxswain Projects & Estates Private Limited | ₹4.36 Lakh (FY 2023) | •••• | •••• | 51.0% | •••• | Bangalore, Karnataka, India |
| Centura Agro Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | 31050.0% | •••• | Mumbai, Maharashtra, India |
| Triansu Traders Private Limited | ₹4.36 Lakh (FY 2020) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Hadalia Multitrade Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Samudra Developers Private Limited. | ₹4.36 Lakh (FY 2018) | •••• | •••• | -80.0% | •••• | Mumbai, Maharashtra, India |
| Noorani Corbel Developers Private Limited this company | ₹4.36 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Belgaum, Karnataka, India |
| Durga Infrastructure Private Limited | ₹4.36 Lakh (FY 2016) | •••• | •••• | 5567.0% | •••• | New Delhi, Delhi, India |
| Cascade Buildcon Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Indore, Madhya Pradesh, India |
| Calcite Properties Developers Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Aviraj Warehousing Corporation Private Limited | ₹4.35 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Shaurya Infratech Private Limited | ₹4.35 Lakh (FY 2022) | •••• | •••• | -46.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Noorani Corbel Developers 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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers Private Limited is audited by PARANJAPE PHADNIS & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARANJAPE PHADNIS & 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.
Board of Directors of Noorani Corbel Developers Private Limited
Noorani Corbel Developers 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 |
|---|---|---|---|---|
| Razak Bhavnagari Muhammad | Director | 14 Oct 2009 | 16 Years 11 Months | Current |
| Kumail Razak Bhavnagari Also directs: Navasa Estates LLP | Director | 12 Apr 2010 | 16 Years 5 Months | Current |
| Qais Razak Bhavnagari | Director | 14 Oct 2009 | 16 Years 11 Months | Current |
Ownership and Shareholding of Noorani Corbel Developers 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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Noorani Corbel Developers Private Limited
Employment history and EPFO contributions of people linked to Noorani Corbel Developers.
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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Qais Razak Bhavnagari ceased to be Managing Director on 10 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Noorani Corbel Developers 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 Noorani Corbel Developers 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 Noorani Corbel Developers 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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Noorani Corbel Developers 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 Noorani Corbel Developers Private Limited
Noorani Corbel Developers is an active private limited company based in Belgaum, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 October 2009 (17+ years old) and is registered under CIN U45201KA2009PTC051202.
Noorani Corbel Developers reported revenue of ₹4.36 Lakh for FY 2025 (down 82% YoY).
Noorani Corbel Developers has 3 current directors:
- Razak Bhavnagari Muhammad - Director
- Kumail Razak Bhavnagari - Director
- Qais Razak Bhavnagari - Director
Noorani Corbel Developers reported a net profit of ₹33,835 (net margin 7.8%) and EBITDA of ₹1.82 Lakh (EBITDA margin 41.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Noorani Corbel Developers is -48% over three years and -35% over five years. In the latest year (FY 2025) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
No. Noorani Corbel Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Noorani Corbel Developers is U45201KA2009PTC051202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noorani Corbel Developers was incorporated on 14 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Noorani Corbel Developers by revenue are Coxswain Projects & Estates Private Limited, Centura Agro Private Limited, Triansu Traders Private Limited, Hadalia Multitrade Private Limited, Samudra Developers Private Limited. and 5 more, all in the Real Estate industry (Builders and Developers).
Qais Razak Bhavnagari ceased to be Managing Director on 10 Dec 2020. Kumail Razak Bhavnagari ceased to be Additional Director on 10 Apr 2011. Kumail Razak Bhavnagari was appointed as Director on 12 Apr 2010. Noorani Corbel Developers has 5 board changes on record in total.
Noorani Corbel Developers can be reached through the website nooranicorbel.com. Its registered office is in Belgaum, Karnataka, India.