Vithal Estates Private Limited
About Vithal Estates Private Limited
Data last updated:
Vithal Estates Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 November 1992.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1992PTC069318. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.52 Lakh. It was formerly known as Parasol Properties Private Limited. It was led by directors including Dilip Vithaldas Lakhani and Hema Dilip Lakhani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.45 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹2.35 Lakh (net margin 68%) and EBITDA of ₹3.18 Lakh (EBITDA margin 92%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 40% over five years.
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- Registered Address502 Floor 2 16 Nishant Building, Altamount Road, Mumbai, Maharashtra, India – 400026
- 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
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Financials of Vithal Estates Private Limited FY 2024 filings available
Vithal Estates Private Limited reported revenue of ₹3.45 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vithal Estates Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 84% 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 Vithal Estates 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 | ₹3.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.35 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 Vithal Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 68% | •••• | •••• | •••• | •••• |
| 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 Vithal Estates 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 Vithal Estates Private Limited
Vithal Estates has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Vithaldas Lakhani | Director | 28 Aug 2000 | 26 Years 1 Months | As last reported |
| Hema Dilip Lakhani | Director | 22 Aug 2000 | 26 Years 1 Months | As last reported |
| Kajal Dilip Lakhani | Director | 27 Feb 2009 | 17 Years 7 Months | As last reported |
Peer Comparison of Vithal Estates Private Limited
Vithal Estates 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 |
|---|---|---|---|---|---|---|
| Shri Tyre India Private Limited | ₹3.46 Lakh (FY 2019) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| JJS Homes Private Limited | ₹3.46 Lakh (FY 2023) | •••• | •••• | 122.0% | •••• | Chennai, Tamil Nadu, India |
| Aashiyana Promoters and Developers Private Limited | ₹3.46 Lakh (FY 2019) | •••• | •••• | -97.0% | •••• | Delhi, India |
| Jha Homes Private Limited | ₹3.46 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Neelkanth Sahyadri Builders Private Limited | ₹3.45 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Vithal Estates Private Limited this company | ₹3.45 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Ambrosia Conclave Private Limited | ₹3.45 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Kolkata, West Bengal, India |
| Beekay Associates Pvt Ltd | ₹3.45 Lakh (FY 2025) | •••• | •••• | 147.0% | •••• | Kolkata, West Bengal, India |
| Kandy Finlease Limited | ₹3.45 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Delhi, India |
| M M K Developers Private Limited | ₹3.45 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Metropolis Estates Pvt Ltd | ₹3.45 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Vithal Estates 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 Vithal Estates Private Limited
Vithal Estates Private Limited is audited by RAMESH SHISHODIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMESH SHISHODIA & 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.
Ownership and Shareholding of Vithal Estates 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 Vithal Estates Private Limited
Vithal Estates Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vithal Estates Private Limited
Employment history and EPFO contributions of people linked to Vithal Estates.
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 Vithal Estates Private Limited
Vithal Estates Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Kajal Dilip Lakhani was appointed as Director on 27 Feb 2009.
Credit Ratings, Litigation & Regulatory Alerts for Vithal Estates 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 Vithal Estates 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 Vithal Estates 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 Vithal Estates Private Limited
Vithal Estates 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 Vithal Estates 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 Vithal Estates Private Limited
Vithal Estates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vithal Estates was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 November 1992 and is registered under CIN U70100MH1992PTC069318. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vithal Estates is U70100MH1992PTC069318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vithal Estates had 3 directors:
- Dilip Vithaldas Lakhani - Director
- Hema Dilip Lakhani - Director
- Kajal Dilip Lakhani - Director
Vithal Estates was incorporated on 02 November 1992. It is registered with the Registrar of Companies, Mumbai.
The registered office of Vithal Estates is at 502 Floor 2 16 Nishant Building, Altamount Road, Mumbai, Maharashtra, India – 400026.
Vithal Estates reported revenue of ₹3.45 Lakh for FY 2024 (down 84% YoY).
Vithal Estates has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.52 Lakh.
Vithal Estates reported a net profit of ₹2.35 Lakh (net margin 68%) and EBITDA of ₹3.18 Lakh (EBITDA margin 92%) for FY 2024, as per its filed financial statements.
No. Vithal Estates has 1 GST registration on record and it is cancelled or inactive.
Vithal Estates operated in the real estate and construction industry, in the real estate builders and developers segment.