Adamas Builders Private Limited
About Adamas Builders Private Limited
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Adamas Builders Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Adamas Blr Assets Pte Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2011PTC059245. Its GSTIN is 29AAJCA7789C1Z7 (Karnataka).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹2.14 Lakh. It is led by directors including Raghavendra Gajanan Bhat (Whole-Time Director) and Hooi Pik Ling.
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 Tower A Gr Flr Global Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹242.37 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹75.33 Cr (net margin 31.1%) and EBITDA of ₹195.79 Cr (EBITDA margin 80.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,292.7 Cr and satisfied charges of ₹3,959.7 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 9 deals on record (4 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹303.83 Cr; the latest was in March 2020. Its 5 peer companies in the BFSI industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (buildings) are compared by revenue, 2 larger and 3 smaller; the largest is Jain Housing & Constructions Limited with revenue of ₹244.2 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 97 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adamas Builders Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTower A Gr Flr Global Tech Park Marathahalli Outer Ring Road Devarabeesanahalli Village Var, Thur Hobli, Bangalore, Karnataka, India – 560103
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Adamas Builders 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 Adamas Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Adamas Builders Private Limited, buy the company report.
Financials of Adamas Builders Private Limited
FY 2025 filings availableAdamas Builders Private Limited reported revenue of ₹242.37 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 4% growth in the latest year. EBITDA fell 4% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹195.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.33 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.8% | ||||
| Net Profit Margin | 31.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Adamas Builders Private Limited, buy the company report.
Board of directors of Adamas Builders Private Limited
Adamas Builders has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Gajanan Bhat Also directs: Airoli Itp Development Private Limited, Pune BP Development Private Limited, Vikhroli Business City Private Limited and 5 more | Whole-Time Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Hooi Pik Ling Also directs: Airoli Itp Development Private Limited, Pune BP Development Private Limited, Vikhroli Business City Private Limited and 5 more | Director | 13 Sep 2019 | 7 Years 1 Months | Current |
| Mohan Muthanna Kudupoje | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
| Vipul Also directs: Airoli Itp Development Private Limited, Pune BP Development Private Limited, Vikhroli Business City Private Limited and 5 more | Director | 02 May 2023 | 3 Years 6 Months | Current |
Peer comparison
Adamas Builders Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jain Housing & Constructions Limited | ₹244.2 Cr (FY 2025) | 105.0% | Chennai, Tamil Nadu, India | |||
| Tridhaatu Morya Developers Private Limited | ₹243.47 Cr (FY 2024) | 73080.0% | Mumbai, Maharashtra, India | |||
| Adamas Builders Private Limitedthis company | ₹242.37 Cr (FY 2025) | ₹75.33 Cr | 31.1% | 4.0% | 10 | Bangalore, Karnataka, India |
| Ahad Builders Private Limited | ₹242.25 Cr (FY 2025) | 333.0% | Bangalore, Karnataka, India | |||
| N.Rose Developers Private Limited | ₹242.05 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Pareena Infrastructures Private Limited | ₹241.07 Cr (FY 2024) | 73.0% | New Delhi, Delhi, India |
To see the full peer comparison of Adamas Builders Private Limited, buy the company report.
Auditor
Adamas Builders Private Limited is audited by Price Waterhouse Cha r t e r ed Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Cha r t e r ed Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Adamas Builders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adamas Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2025 | 101165098 | Idbi Trusteeship Services Limited | ₹646.35 Cr | Open | |
| 11 Sep 2025 | 101165142 | Idbi Trusteeship Services Limited | ₹646.35 Cr | Open | |
| 30 Jan 2023 | 100674206 | Idbi Trusteeship Services Limited | ₹646.35 Cr | Satisfied | |
| 17 Jan 2023 | 100673871 | Idbi Trusteeship Services Limited | ₹646.35 Cr | Satisfied | |
| 04 Jul 2018 | 100193636 | Standard Chartered Bank | ₹320 Cr | Satisfied |
To see the full charge records of Adamas Builders Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Adamas Builders Private Limited has 9 deals on record (4 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹303.83 Cr; the latest was in March 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Adamas BLR Assets Pte Ltd, Mapletree Adamas Holdings Pte Ltd Seller: Mapletree Bg Pte Limited, Mapletree Globe Pte Limited |
| Aug 2014 | Rights issue | ₹57.64 Cr | Investors: Mapletree Bg Pte Limited |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Mapletree Bg Pte Limited Seller: Golden Bella Holdings Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Mapletree Bg Pte Limited, Mapletree Globe Pte Limited Seller: Green World Developments Limited, Golden Bella Holdings Limited |
| Jul 2013 | Funding round | ₹28.83 Cr | Investors: Green World Developments Limited |
To see the full deal history of Adamas Builders Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adamas Builders Private Limited has 3 court cases on record: 2 filed by Adamas Builders, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Chakria Food and Beverages Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Intel Technology India Private Limited | Disposed |
| NCLT, Bengaluru | Company petition | Filed by the company | Disposed |
To see the full case history of Adamas Builders Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Adamas Builders Private Limited was last rated by Indiarating on 12 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Nov 2021 |
To see the full credit ratings and regulatory alerts of Adamas Builders Private Limited, buy the company report.
MSME payment delays
Adamas Builders Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 97 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| National Analytical Laboratories and Research Center | |||
| JCSS Consulting India Private Limited | |||
| Saahas Waste Management Private Limited | |||
| SBSS & Co LLP | |||
| an individual supplier |
To see the full MSME payment records of Adamas Builders Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Adamas Builders Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Adamas Builders Private Limited, buy the company report.
GST
Adamas Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA7789C1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adamas Builders Private Limited, buy the company report.
Recent activity
Adamas Builders Private Limited has 16 board changes on record since 2011: 4 appointments and 12 cessations. The latest: Raghavendra Gajanan Bhat ceased to be Additional Director on 01 Sep 2024.
43 earlier events are in the company report.
Frequently asked questions
Adamas Builders is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 June 2011 (15+ years old) and is registered under CIN U45205KA2011PTC059245.
Adamas Builders has 4 current directors:
- Raghavendra Gajanan Bhat - Whole-Time Director
- Hooi Pik Ling - Director
- Mohan Muthanna Kudupoje - Director
- Vipul - Director
The latest financial statements of Adamas Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adamas Builders is 29AAJCA7789C1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Adamas Builders is U45205KA2011PTC059245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adamas Builders has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Adamas Builders was incorporated on 21 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Adamas Builders has 9 deals on record (4 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹303.83 Cr; the latest was in March 2020.
The peers of Adamas Builders by revenue are Jain Housing & Constructions Limited, Tridhaatu Morya Developers Private Limited, Ahad Builders Private Limited, N.Rose Developers Private Limited, Pareena Infrastructures Private Limited, all in the BFSI industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (buildings).
Raghavendra Gajanan Bhat ceased to be Additional Director on 01 Sep 2024. Raghavendra Gajanan Bhat was appointed as Whole-Time Director on 19 Jan 2024. Vipul ceased to be Additional Director on 29 Sep 2023. Adamas Builders has 16 board changes on record in total.
Adamas Builders has 10 MSME Form 1 returns on record between 2020 and 2024, listing 97 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Adamas Builders is at Tower A Gr Flr Global Tech Park Marathahalli Outer Ring Road Devarabeesanahalli Village Var, Thur Hobli, Bangalore, Karnataka, India – 560103.
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