About Akshara Townships Private Limited
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Akshara Townships Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70200TG2015PTC098052. Its GSTIN is 36AANCA3202G1Z0 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors Kondal Rao Surineni (Managing Director) and Srinivas Rao Perala.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H No 1 – 7 – 1385 Ground Floor Advocates Colony Hanamkonda, Warangal, Telangana, India – 506001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.84 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.49 Lakh (net margin 1.9%) and EBITDA of ₹1.53 Cr (EBITDA margin 83.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 122% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.48 Cr on record. Court records list 47 cases involving the company, including 7 filed by the company and 40 filed against it; 34 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 aksharatownships.com.
Company details
Contact details
Akshara Townships Private Limited's registered office is in Warangal, Telangana. Its website is aksharatownships.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No 1 – 7 – 1385 Ground Floor Advocates Colony Hanamkonda, Warangal, Telangana, India – 506001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akshara Townships 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 Akshara Townships is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Akshara Townships Private Limited, buy the company report.
Financials of Akshara Townships Private Limited
FY 2021 filings availableAkshara Townships Private Limited reported revenue of ₹1.84 Cr (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 122%. EBITDA rose 41% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Akshara Townships Private Limited, buy the company report.
Board of directors of Akshara Townships Private Limited
Akshara Townships has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondal Rao Surineni Also directs: Akshara Chit Funds Private Limited, Akshara Samruddhi Nidhi Limited, Akshara Townships India Private Limited and 1 more | Managing Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Srinivas Rao Perala Also directs: Akshara Infradevelopers India Private Limited, Akshara Chit Funds Private Limited, Akshara Samruddhi Nidhi Limited and 5 more | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Akshara Townships Private Limited is audited by NAROTHAM MADHAV & RAMESH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAROTHAM MADHAV & RAMESH | FY 2021 | 002407S |
Shareholding
The shareholding of Akshara Townships Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akshara Townships Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2022 | 100674576 | Hdfc Bank Limited | ₹70 Lakh | Open | |
| 22 Nov 2021 | 100507265 | State Bank of India | ₹83 Lakh | Open | |
| 13 May 2021 | 100444790 | State Bank of India | ₹2.46 Cr | Open | |
| 10 Mar 2020 | 100331974 | State Bank of India | ₹4.75 Cr | Open | |
| 17 Jul 2019 | 100322738 | Axis Bank Limited | ₹74 Lakh | Open |
To see the full charge records of Akshara Townships Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Akshara Townships Private Limited has 47 court cases on record: 7 filed by Akshara Townships, 40 filed against it. 34 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 39 | 33 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karimnagar, Telangana | Civil suit | Filed against the company by Kaveri Spinning Mills Ltd., Rep by Its Designated Partner Sri Kakkirala Ramesh | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd., Rep by Nikhila Yedla | Disposed |
| District court, Hanumakonda, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Karimnagar, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Karimnagar, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Akshara Townships 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshara Townships Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akshara Townships Private Limited has a workforce of 35 employees on its EPFO records as of Oct 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 35 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Akshara Townships Private Limited, buy the company report.
GST
Akshara Townships has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCA3202G1Z0 | Telangana | Active | 11 Jun 2018 |
| 36AAKCA6294M1Z0 | Telangana | Active | 09 Feb 2020 |
To see the full GST registrations and return filing status of Akshara Townships Private Limited, buy the company report.
Recent activity
Akshara Townships Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Rajender Puppala ceased to be Director on 31 Oct 2023.
4 earlier events are in the company report.
Frequently asked questions
Akshara Townships is an active private limited company based in Warangal, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 March 2015 (11+ years old) and is registered under CIN U70200TG2015PTC098052.
Akshara Townships has 2 current directors:
- Kondal Rao Surineni - Managing Director
- Srinivas Rao Perala - Director
The latest financial statements of Akshara Townships on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshara Townships is 36AANCA3202G1Z0, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAKCA6294M1Z0 (Telangana).
The CIN (Corporate Identification Number) of Akshara Townships is U70200TG2015PTC098052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshara Townships has 47 court cases on record: 7 filed by the company and 40 filed against it. 34 are pending. Most are in the district courts.
Akshara Townships was incorporated on 16 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rajender Puppala ceased to be Director on 31 Oct 2023. Ramesh Gone ceased to be Director on 31 Oct 2023. Srividya Perala ceased to be Director on 27 Apr 2022. Akshara Townships has 7 board changes on record in total.
Akshara Townships can be reached through the website aksharatownships.com. Its registered office is in Warangal, Telangana, India.
The registered office of Akshara Townships is at H No 1 – 7 – 1385 Ground Floor Advocates Colony Hanamkonda, Warangal, Telangana, India – 506001.
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