- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0034389

Afs Renovate Private Limited
About Afs Renovate Private Limited
Data last updated:
Afs Renovate Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC062296. Its GSTIN is 29AAKCA2204R1ZB (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balurasaroja Ravindra and Madhu Ravindra.
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 is at No.112/115 Chandru Complex Dispensary Road Behind Padmashree Textiles, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.46 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.09 Lakh (net margin 2.4%) and EBITDA of ₹15.59 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 251% over three years and 79% over five years.
The company has about 196 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.16 Lakh on record.
Afs Renovate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034389). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Recognitions & Rankings of Afs Renovate
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.112/115 Chandru Complex Dispensary Road Behind Padmashree Textiles, Bangalore, Karnataka, India – 560001
- 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 Afs Renovate Private Limited
The main business activity of Afs Renovate is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Afs Renovate Private Limited FY 2024 filings available
Afs Renovate Private Limited reported revenue of ₹5.46 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Afs Renovate Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 3% 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 Afs Renovate 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 | ₹15.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.09 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 Afs Renovate Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Afs Renovate 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 Afs Renovate Private Limited
Afs Renovate has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balurasaroja Ravindra | Director | 30 Jan 2012 | 14 Years 8 Months | Current |
| Madhu Ravindra | Director | 30 Jan 2012 | 14 Years 8 Months | Current |
Peer Comparison of Afs Renovate Private Limited
Afs Renovate 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 |
|---|---|---|---|---|---|---|
| Cambridge Infrastructure Private Limited | ₹5.46 Cr (FY 2025) | •••• | •••• | 153.0% | •••• | Delhi, India |
| Mezzanine Infratech Private Limited | ₹5.46 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Ramky Viha Properties Private Limited | ₹5.46 Cr (FY 2025) | •••• | •••• | 353.0% | •••• | Hyderabad, Telangana, India |
| PGF Limited | ₹5.46 Cr (FY 2018) | •••• | •••• | 16.0% | •••• | Chandigarh, India |
| Ambition Colonisers Private Limited | ₹5.46 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Gurgaon, Haryana, India |
| Afs Renovate Private Limited this company | ₹5.46 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Raghava Estates & Properties Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | 738.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Windsor Tower Private Limited | ₹5.45 Cr (FY 2025) | •••• | •••• | -82.0% | •••• | Delhi, India |
| A. K. Rungta Private Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| RSR Steel Private Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Nagpur, Maharashtra, India |
| Gopal Traders Private Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Afs Renovate 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 Afs Renovate Private Limited
Afs Renovate Private Limited is audited by K.K Rao & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K Rao & 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 Afs Renovate 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 Afs Renovate Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2025 | Hdfc Bank Limited | ₹13.16 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Afs Renovate Private Limited
Afs Renovate Private Limited has a workforce of 196 employees as of Apr 07, 2024.
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 Afs Renovate Private Limited
Afs Renovate Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Balurasaroja Ravindra was appointed as Director on 30 Jan 2012.
Credit Ratings, Litigation & Regulatory Alerts for Afs Renovate 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 Afs Renovate 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 Afs Renovate 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 Afs Renovate Private Limited
Afs Renovate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCA2204R1ZB | Karnataka | 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 Afs Renovate 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 Afs Renovate Private Limited
Afs Renovate 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 30 January 2012 (14+ years old) and is registered under CIN U74900KA2012PTC062296.
Afs Renovate reported revenue of ₹5.46 Cr for FY 2025 (down 4% YoY).
Afs Renovate has 2 current directors:
- Balurasaroja Ravindra - Director
- Madhu Ravindra - Director
Afs Renovate reported a net profit of ₹13.09 Lakh (net margin 2.4%) and EBITDA of ₹15.59 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Afs Renovate is 251% over three years and 79% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Afs Renovate is 29AAKCA2204R1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Afs Renovate is U74900KA2012PTC062296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afs Renovate was incorporated on 30 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Afs Renovate by revenue are Cambridge Infrastructure Private Limited, Mezzanine Infratech Private Limited, Ramky Viha Properties Private Limited, PGF Limited, Ambition Colonisers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Balurasaroja Ravindra was appointed as Director on 30 Jan 2012. Madhu Ravindra was appointed as Director on 30 Jan 2012.
Yes, Afs Renovate is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0034389).