Akar Creations Private Limited

Akar Creations Private Limited - real estate and construction in Margao, Goa, India. FY 2026 financials & compliance.
CIN U31200GA1990PTC001021 Incorporated 12 February 1990 ROC Goa HQ Margao, Goa, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2025
₹1.04 Cr
▼ 66% YoY
Net loss · FY 2025
₹15.21 Lakh
Net margin -14.6%
EBITDA · FY 2025
-₹20.68 Lakh
EBITDA margin -19.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.1 Cr
Issued & subscribed
Open charges
₹23 Cr
Satisfied ₹179.69 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
1
Provident fund records

About Akar Creations Private Limited

Data last updated:

Akar Creations Private Limited is a private limited company based in Margao, Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 February 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA1990PTC001021. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.1 Cr. It is led by directors Chinmai Avinash Borker and Avinash Sadanand Borker.

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 Opp Nehru Stadium 3rd Floor Lake Plaza Fatorda, Margao, Goa, India – 403602.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹15.21 Lakh (net margin -14.6%) and EBITDA of -₹20.68 Lakh (EBITDA margin -19.8%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 47% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹179.69 Cr on record. Court records list 37 cases involving the company, including 22 filed by the company and 15 filed against it; 5 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akarrealty.com.

Company details

CIN U31200GA1990PTC001021
Registration Number 001021
Incorporation Date 12 February 1990
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Akar Creations Private Limited's registered office is in Margao, Goa. Its website is akarrealty.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Opp Nehru Stadium 3rd Floor Lake Plaza Fatorda, Margao, Goa, India – 403602
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Akar Creations Private Limited, buy the company report.

Comprehensive company report
Akar Creations Private Limited - one report that includes everything
  • 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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Business activity

The main business activity of Akar Creations is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Akar Creations Private Limited, buy the company report.

Financials of Akar Creations Private Limited

FY 2025 filings available

Akar Creations Private Limited reported revenue of ₹1.04 Cr (down 66% YoY) for FY 2025.

Revenue · FY 2025
₹1.04 Cr ▼ 66%
Net loss · FY 2025
₹15.21 Lakh margin -14.6%
EBITDA · FY 2025
-₹20.68 Lakh margin -19.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 53%
5 years · compounded
▼ 47%
EBITDA CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 65%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 66% fall in the latest year. EBITDA rose 96% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹20.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.21 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-19.8%
Net Profit Margin-14.6%
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 Akar Creations Private Limited, buy the company report.

Board of directors of Akar Creations Private Limited

Akar Creations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chinmai Avinash BorkerDirector20 Aug 201313 Years 2 MonthsCurrent
Avinash Sadanand BorkerDirector01 Dec 199134 Years 10 MonthsCurrent

Auditor

Akar Creations Private Limited is audited by R. K. Pikale & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R. K. Pikale & AssociatesFY 2022127641W

Shareholding

The shareholding of Akar Creations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Akar Creations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23 Cr
Satisfied charges
₹179.69 Cr
Breakdown by lending institutions
State Bank of India₹41.82 Cr
The Saraswat Co-Operative Bank Limited₹32.92 Cr
Canara Bank₹25.75 Cr
Tata Capital Financial Services Limited₹16.20 Cr
Saraswat Co-Opertive Bank Ltd₹13.20 Cr
Others₹49.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2017100114592Canara Bank₹1.05 CrSatisfied
29 Nov 2016100065237Others₹3.3 CrSatisfied
24 Sep 201510593278Intec Capital Limited₹4.38 CrSatisfied
31 Mar 201510565569State Bank of India₹14.82 CrSatisfied
23 Sep 201410530814Canara Bank₹1.7 CrSatisfied

To see the full charge records of Akar Creations Private Limited, buy the company report.

Total charge records: 31 View all charges

Credit ratings & regulatory alerts

Akar Creations Private Limited was last rated by Crisil on 13 Nov 2019.

Rating agencyRated onRating
Crisil13 Nov 2019

To see the full credit ratings and regulatory alerts of Akar Creations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akar Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Akar Creations Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-95%

GST

Akar Creations has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Akar Creations Private Limited, buy the company report.

Recent activity

Akar Creations Private Limited has 5 board changes on record since 1991: 2 appointments and 3 cessations. The latest: Prakash Sadanand Borkar ceased to be Director on 20 Jul 2015.

AGM
Akar Creations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 May 2014 via Charge ID 10504914 with Canara Bank was fully satisfied on 02 Jun 2025.
Filing
Akar Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge registered on 31 Mar 2015 via Charge ID 10565569 with State Bank Of India was fully satisfied on 23 Mar 2022.
Charges
A charge with State Bank Of India of Rs. 14.82 Cr registered on 31 Mar 2015 with Charge ID 10565569 was modified on 18 Dec 2020.
Charges
A charge registered on 26 Dec 2013 via Charge ID 10470591 with The Madgaum Urban Co-Op. Bank Limited was fully satisfied on 04 Dec 2020.
Charges
A charge registered on 18 Jan 2011 via Charge ID 10265045 with The Greater Bombay Co-Op Bank Ltd was fully satisfied on 14 Oct 2020.
Charges
A charge registered on 23 Sep 2014 via Charge ID 10530814 with Canara Bank was fully satisfied on 15 Apr 2020.
Charges
A charge registered on 24 Feb 2014 via Charge ID 10482838 with Others was fully satisfied on 28 Nov 2019.
Charges
A charge with Canara Bank of Rs. 1.70 Cr registered on 23 Sep 2014 with Charge ID 10530814 was modified on 26 Nov 2019.
Charges
A charge registered on 29 Nov 2016 via Charge ID 100065237 with Others was fully satisfied on 10 Jun 2019.
Charges
A charge registered on 29 Jun 2017 via Charge ID 100114592 with Canara Bank was fully satisfied on 04 Jun 2019.

68 earlier events are in the company report.

Frequently asked questions

Akar Creations is an active private limited company based in Margao, Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 February 1990 (36+ years old) and is registered under CIN U31200GA1990PTC001021.

Akar Creations has 2 current directors:

The latest financial statements of Akar Creations 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.

No. Akar Creations has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Akar Creations is U31200GA1990PTC001021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akar Creations has 37 court cases on record: 22 filed by the company and 15 filed against it. 5 are pending. Most are in the high courts.

Akar Creations was incorporated on 12 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Goa.

Prakash Sadanand Borkar ceased to be Director on 20 Jul 2015. Chinmai Avinash Borker ceased to be Additional Director on 30 Sep 2013. Chinmai Avinash Borker was appointed as Director on 20 Aug 2013. Akar Creations has 5 board changes on record in total.

Akar Creations can be reached through the website akarrealty.com. Its registered office is in Margao, Goa, India.

The registered office of Akar Creations is at Opp Nehru Stadium 3rd Floor Lake Plaza Fatorda, Margao, Goa, India – 403602.