Afundi Developers Private Limited
About Afundi Developers Private Limited
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Afundi Developers 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 17 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2013PTC069163. The company has 1 GST registration on record, which is no longer active.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 Mohammed Sadiqulla Afundi and Syeda Ayesha Afundi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No. F.F. 15 Hhs & Hms Complex Cubbonpet Main Road, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.7 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹2.13 Lakh (net margin 6.7%) and EBITDA of ₹3.08 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. F.F. 15 Hhs & Hms Complex Cubbonpet Main Road, Bangalore, Karnataka, India – 560002
- 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 Afundi Developers Private Limited
The main business activity of Afundi Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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 Afundi Developers Private Limited FY 2019 filings available
Afundi Developers Private Limited reported revenue of ₹31.7 Lakh (down 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Afundi Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 65% fall in the latest year. EBITDA rose 198% 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 Afundi Developers Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹31.7 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.13 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Afundi Developers Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Afundi 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 Afundi Developers Private Limited
Afundi Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramdhan Packtech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shri Satyanarayan Real Estate Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Spore Estates Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ashish Colonizers Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Pleasant Vihar Private Limited | •••• | •••• | •••• | •••• | - | Haridwar, Uttarakhand, India |
| Afundi Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ghodawat Hotels Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| JNB Properties Private Limited | •••• | •••• | •••• | •••• | - | Mulund West, Maharashtra, India |
| Ruparel Housing Development Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Parasnath Infra Venture Private Limited | •••• | •••• | •••• | •••• | - | Agra, Uttar Pradesh, India |
| One Stop Realty Solutions Private Limited | •••• | •••• | •••• | •••• | - | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Afundi Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Afundi Developers Private Limited
Afundi Developers Private Limited is audited by AKHILANDAM & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AKHILANDAM & 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.
Board of Directors of Afundi Developers Private Limited
Afundi Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Sadiqulla Afundi Also directs: Zaar Ventures LLP, Ethos Construction Corporation LLP | Director | 17 May 2013 | 13 Years 4 Months | Current |
| Syeda Ayesha Afundi | Director | 17 May 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Afundi 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 Afundi Developers Private Limited
Afundi Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Afundi Developers Private Limited
Employment history and EPFO contributions of people linked to Afundi 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 Afundi Developers Private Limited
Afundi Developers Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mohammed Sadiqulla Afundi was appointed as Director on 17 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for Afundi 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 Afundi 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 Afundi 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 Afundi Developers Private Limited
Afundi 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 Afundi 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 Afundi Developers Private Limited
Afundi Developers 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 17 May 2013 (13+ years old) and is registered under CIN U70109KA2013PTC069163.
Afundi Developers reported revenue of ₹31.7 Lakh for FY 2019 (down 65% YoY).
Afundi Developers has 2 current directors:
- Mohammed Sadiqulla Afundi - Director
- Syeda Ayesha Afundi - Director
Afundi Developers reported a net profit of ₹2.13 Lakh (net margin 6.7%) and EBITDA of ₹3.08 Lakh (EBITDA margin 9.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Afundi Developers is -24% over three years. In the latest year (FY 2019) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
No. Afundi Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Afundi Developers is U70109KA2013PTC069163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afundi Developers was incorporated on 17 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Afundi Developers by revenue are Ramdhan Packtech Private Limited, Shri Satyanarayan Real Estate Consultancy Private Limited, Spore Estates Private Limited, Ashish Colonizers Private Limited, Pleasant Vihar Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Mohammed Sadiqulla Afundi was appointed as Director on 17 May 2013. Syeda Ayesha Afundi was appointed as Director on 17 May 2013.
The registered office of Afundi Developers is at Shop No. F.F. 15 Hhs & Hms Complex Cubbonpet Main Road, Bangalore, Karnataka, India – 560002.