Recario Properties Private Limited
About Recario Properties Private Limited
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Recario Properties Private Limited is a private limited company based in Tirunelveli, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 05 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2020PTC136190.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Velu Kannan and Muthuramalingam.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 93 Rajarajeswari Nagar Ngo Colony Perumalpuram, Tirunelveli, Tamil Nadu, India – 627007.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.3 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹4.56 Lakh (net margin 0.9%) and EBITDA of ₹6.11 Lakh (EBITDA margin 1.2%).
Company details
Contact details
Recario Properties Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address93 Rajarajeswari Nagar Ngo Colony Perumalpuram, Tirunelveli, Tamil Nadu, India – 627007
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Recario Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Recario Properties is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Recario Properties Private Limited, buy the company report.
Financials of Recario Properties Private Limited
FY 2022 filings availableRecario Properties Private Limited reported revenue of ₹5.3 Cr (up 114% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 114% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹5.3 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.11 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.56 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.2% | |
| Net Profit Margin | 0.9% | |
| 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 | ||
To see the full financial statements and ratios of Recario Properties Private Limited, buy the company report.
Board of directors of Recario Properties Private Limited
Recario Properties has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Velu Kannan | Director | 05 Jul 2020 | 6 Years 4 Months | Current |
| Muthuramalingam | Director | 05 Jul 2020 | 6 Years 4 Months | Current |
| Nalayiram | Director | 05 Jul 2020 | 6 Years 4 Months | Current |
| Veerapathiran | Director | 05 Jul 2020 | 6 Years 4 Months | Current |
Peer comparison
Recario Properties Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JVM Trading Private Limited | ₹5.33 Cr (FY 2024) | 114.0% | Lucknow, Uttar Pradesh, India | |||
| SSS Interior Construction Private Limited | ₹5.33 Cr (FY 2018) | -72.0% | Mumbai, Maharashtra, India | |||
| Gurudev Realcon Private Limited | ₹5.33 Cr (FY 2023) | -26.0% | Cuttack, Odisha, India | |||
| Thapar Buildtech Private Limited | ₹5.32 Cr (FY 2025) | 29.0% | Delhi, India | |||
| Arudra Infra Developers Private Limited | ₹5.31 Cr (FY 2025) | 149.0% | Hyderabad, Telangana, India | |||
| Recario Properties Private Limitedthis company | ₹5.3 Cr (FY 2022) | ₹4.56 Lakh | 0.9% | 114.0% | Tirunelveli, Tamil Nadu, India | |
| Tarashiv Homes Private Limited | ₹5.28 Cr (FY 2025) | -34.0% | Kanpur, Uttar Pradesh, India | |||
| Shalimar Milestone Estates Private Limited | ₹5.28 Cr (FY 2024) | 31.0% | Patna, Bihar, India | |||
| Shubh Realty (South) Private Limited | ₹5.27 Cr (FY 2025) | -41.0% | Ahmedabad, Gujarat, India | |||
| Sadhna Buildcon Private Limited | ₹5.26 Cr (FY 2024) | -42.0% | Faridabad, Haryana, India | |||
| Mohika Infrastructure Private Limited | ₹5.24 Cr (FY 2024) | 121.0% | Tumakur, Karnataka, India |
To see the full peer comparison of Recario Properties Private Limited, buy the company report.
Auditor
Recario Properties Private Limited is audited by EMARALD RUBAN AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| EMARALD RUBAN AND CO | FY 2022 | 017744S |
Shareholding
The shareholding of Recario Properties Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Recario Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Recario Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Recario Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Recario Properties Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
No GST registration is on our record for Recario Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Recario Properties Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Muthuramalingam was appointed as Director on 05 Jul 2020.
Frequently asked questions
Recario Properties is an active private limited company based in Tirunelveli, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 05 July 2020 (6+ years old) and is registered under CIN U70109TN2020PTC136190.
Recario Properties has 4 current directors:
- Velu Kannan - Director
- Muthuramalingam - Director
- Nalayiram - Director
- Veerapathiran - Director
The latest financial statements of Recario Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Recario Properties is U70109TN2020PTC136190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recario Properties was incorporated on 05 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Recario Properties by revenue are JVM Trading Private Limited, SSS Interior Construction Private Limited, Gurudev Realcon Private Limited, Thapar Buildtech Private Limited, Arudra Infra Developers Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Muthuramalingam was appointed as Director on 05 Jul 2020. Nalayiram was appointed as Director on 05 Jul 2020. Veerapathiran was appointed as Director on 05 Jul 2020. Recario Properties has 4 board changes on record in total.
The registered office of Recario Properties is at 93 Rajarajeswari Nagar Ngo Colony Perumalpuram, Tirunelveli, Tamil Nadu, India – 627007.
Recario Properties operates in the real estate industry, in the real estate leasing segment.
Recario Properties can be reached at its registered office: 93 Rajarajeswari Nagar Ngo Colony Perumalpuram, Tirunelveli, Tamil Nadu, India – 627007.
Recario Properties is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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