Akshay Devcon Private Limited
About Akshay Devcon Private Limited
Data last updated:
Akshay Devcon Private Limited is a private limited company based in Mhow, Madhya Pradesh, India. 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), Gwalior, under CIN U45201MP2011PTC026229. Its GSTIN is 23AAJCA6216C1Z7 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Mahendra Kumar Patidar and Omprakash Chawda.
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 148 Bakery Road Mhow, Madhya Pradesh, India – 453441.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.97 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹30.66 Lakh (net margin 7.7%) and EBITDA of ₹50.22 Lakh (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address148 Bakery Road Mhow, Madhya Pradesh, India – 453441
- 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 Akshay Devcon Private Limited
The main business activity of Akshay Devcon 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 Akshay Devcon Private Limited FY 2025 filings available
Akshay Devcon Private Limited reported revenue of ₹3.97 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akshay Devcon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 19% fall in the latest year. EBITDA fell 2% 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 Akshay Devcon 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 | ₹50.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.66 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 Akshay Devcon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| 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 Akshay Devcon 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 Akshay Devcon Private Limited
Akshay Devcon Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Real Estate Marketing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrimate Infrabuild Private Limited | ₹3.97 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Lucknow, Uttar Pradesh, India |
| Hahnemann Housing & Development Private Limited | ₹3.97 Cr (FY 2017) | •••• | •••• | -53.0% | •••• | Kolkata, West Bengal, India |
| Induspro Capital Advisors Private Limited | ₹3.97 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Angel Associates Private Limited | ₹3.97 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Delh, Delhi, India |
| Ambey Automobiles Private Limited | ₹3.97 Cr (FY 2022) | •••• | •••• | -29.0% | •••• | Purnia, Bihar, India |
| Akshay Devcon Private Limited this company | ₹3.97 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mhow, Madhya Pradesh, India |
| Mind Speed Constructions Private Limited | ₹3.97 Cr (FY 2025) | •••• | •••• | 377.0% | •••• | Panvel, Maharashtra, India |
| K I C Resources Ltd | ₹3.96 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | Kolkata, West Bengal, India |
| Ganapalai Properties Pvt.Ltd. | ₹3.96 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Kolkata, West Bengal, India |
| Mahato Multicoms Construction Private Limited | ₹3.96 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Dhanbad, Jharkhand, India |
| K P Towers Private Limited | ₹3.96 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Akshay Devcon by revenue in the Real Estate industry (Builders and Developers, Real Estate Marketing), 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 Akshay Devcon Private Limited
Akshay Devcon Private Limited is audited by S K PORWAL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K PORWAL & CO | 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 Akshay Devcon Private Limited
Akshay Devcon has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Patidar Also directs: Ganadheesh Developers LLP | Director | 21 Jun 2011 | 15 Years 3 Months | Current |
| Omprakash Chawda | Director | 21 Jun 2011 | 15 Years 3 Months | Current |
Ownership and Shareholding of Akshay Devcon 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 Akshay Devcon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2013 | Madhya Pradesh Financial Corporation | ₹5 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Akshay Devcon Private Limited
Akshay Devcon Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Akshay Devcon Private Limited
Employment history and EPFO contributions of people linked to Akshay Devcon.
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 Akshay Devcon Private Limited
Akshay Devcon Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Mahendra Kumar Patidar was appointed as Director on 21 Jun 2011.
Credit Ratings, Litigation & Regulatory Alerts for Akshay Devcon 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 Akshay Devcon 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 Akshay Devcon 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 Akshay Devcon Private Limited
Akshay Devcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCA6216C1Z7 | Madhya Pradesh | 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 Akshay Devcon 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 Akshay Devcon Private Limited
Akshay Devcon is an active private limited company based in Mhow, Madhya Pradesh, 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 U45201MP2011PTC026229.
Akshay Devcon reported revenue of ₹3.97 Cr for FY 2025 (down 19% YoY).
Akshay Devcon has 2 current directors:
- Mahendra Kumar Patidar - Director
- Omprakash Chawda - Director
Akshay Devcon reported a net profit of ₹30.66 Lakh (net margin 7.7%) and EBITDA of ₹50.22 Lakh (EBITDA margin 12.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akshay Devcon is -15% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akshay Devcon is 23AAJCA6216C1Z7, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Akshay Devcon is U45201MP2011PTC026229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshay Devcon has 1 court case on record: 1 filed against it. 1 is pending.
Akshay Devcon was incorporated on 21 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Akshay Devcon by revenue are Shrimate Infrabuild Private Limited, Hahnemann Housing & Development Private Limited, Induspro Capital Advisors Private Limited, Angel Associates Private Limited, Ambey Automobiles Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Real Estate Marketing).
Mahendra Kumar Patidar was appointed as Director on 21 Jun 2011. Omprakash Chawda was appointed as Director on 21 Jun 2011.