Alekhya Property Developments Private Limited

Alekhya Property Developments Private Limited - real estate and construction in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U45200KA2011PTC059904 Incorporated 08 August 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹105.48 Cr
▼ 46% YoY
Net profit · FY 2024
₹14.94 Cr
Net margin 14.2%
EBITDA · FY 2024
₹51.2 Cr
EBITDA margin 48.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹705 Cr
Satisfied ₹2,067.7 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Alekhya Property Developments Private Limited

Data last updated:

Alekhya Property Developments Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 August 2011 and has been in existence for over 15 years.

Its director B.M. Jayeshankar is #399 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2011PTC059904. Its GSTIN is 29AAJCA7572R1ZN (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Jayeshankar Bilidale Madaiah and Karunesh Bilidale Madaiah.

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. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.

As per the financials filed for FY 2024, the company reported a revenue of ₹105.48 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹14.94 Cr (net margin 14.2%) and EBITDA of ₹51.2 Cr (EBITDA margin 48.5%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 32% over five years.

The company is associated with 2 brands: Alekhya Homes and Adarsh Developers. As per MCA filings, the company has open charges of ₹705 Cr and satisfied charges of ₹2,067.7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 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 adarshdevelopers.com.

Company details

CIN U45200KA2011PTC059904
Registration Number 059904
Incorporation Date 08 August 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Jayeshankar Bilidale Madaiah Director Karunesh Bilidale Madaiah Director Nidhi Jayashankar Bangalore Director

Recognitions & Rankings of Alekhya Property Developments

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Alekhya Property Developments Private Limited's registered office is in Bengaluru, Karnataka. Its website is adarshdevelopers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    adarshdevelopers.com
  • Social Media
  • Registered Address
    No. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Alekhya Property Developments Private Limited, buy the company report.

Comprehensive company report
Alekhya Property Developments 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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Brands

Alekhya Property Developments operates two associated brands: Alekhya Homes and Adarsh Developers. Each brand links to its own profile.

BrandDescriptionWebsite
Alekhya Homes
Develops biophilic homes with sustainable design and community features in India.alekhyahomes.in
Adarsh Developers
Residential, commercial, and hospitality properties are developed in Bengaluru.adarshdevelopers.com

Business activity

The main business activity of Alekhya Property Developments 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 Alekhya Property Developments Private Limited, buy the company report.

Financials of Alekhya Property Developments Private Limited

FY 2024 filings available

Alekhya Property Developments Private Limited reported revenue of ₹105.48 Cr (down 46% YoY) for FY 2024.

Revenue · FY 2024
₹105.48 Cr ▼ 46%
Net profit · FY 2024
₹14.94 Cr margin 14.2%
EBITDA · FY 2024
₹51.2 Cr margin 48.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 93%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%

Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 124% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹51.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.94 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin48.5%
Net Profit Margin14.2%
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 Alekhya Property Developments Private Limited, buy the company report.

Board of directors of Alekhya Property Developments Private Limited

Alekhya Property Developments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayeshankar Bilidale Madaiah
Also directs: Akarsha Prime Project Private Limited, Vismaya Superprojects Private Limited, Earnest Constructions Private Limited and 5 more
Director08 Aug 201115 Years 2 MonthsCurrent
Karunesh Bilidale Madaiah
Also directs: Akarsha Prime Project Private Limited, Vismaya Superprojects Private Limited, Akarshak Realty Private Limited and 5 more
Director08 Aug 201115 Years 2 MonthsCurrent
Nidhi Jayashankar Bangalore
Also directs: Akarshak Realty Private Limited, Vividha Ventures Private Limited, Annalakshmi Land Developers Private Limited and 2 more
Director05 Oct 20179 Years 0 MonthsCurrent
View all directors

Peer comparison

Alekhya Property Developments Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sneh Deep Realty Private Limited₹105.6 Cr (FY 2024)118.0%Vadodara, Gujarat, India
Alekhya Property Developments Private Limitedthis company₹105.48 Cr (FY 2024)₹14.94 Cr14.2%-46.0%Bengaluru, Karnataka, India
Sanghvi Premises Private Limited₹105.29 Cr (FY 2022)15.0%Mumbai, Maharashtra, India
Omr Mall Developers Private Limited₹105.16 Cr (FY 2025)24.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Alekhya Property Developments Private Limited, buy the company report.

Auditor

Alekhya Property Developments Private Limited is audited by P D Sarang & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P D Sarang & AssociatesFY 2023013423S

Shareholding

The shareholding of Alekhya Property Developments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Alekhya Property Developments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹705 Cr
Satisfied charges
₹2,067.7 Cr
Breakdown by lending institutions
Others₹705.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Feb 2025101056968Others₹705 CrOpen
11 Jan 2024100859385Others₹350 CrSatisfied
29 Oct 2021100498403Others₹155.91 CrSatisfied
29 Oct 2021100515971Others₹154.09 CrSatisfied
28 Jun 2016100045213Others₹50 CrSatisfied

To see the full charge records of Alekhya Property Developments Private Limited, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

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

GST

Alekhya Property Developments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCA7572R1ZNKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Alekhya Property Developments Private Limited, buy the company report.

Recent activity

Alekhya Property Developments Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Nidhi Jayashankar Bangalore ceased to be Additional Director on 27 Sep 2019.

Charges
A charge with Others of Rs. 70,500.00 Lakh registered on 14 Feb 2025 with Charge ID 101056968 was modified on 07 Jul 2025.
Charges
A charge with Others amounted to Rs. 70,500.00 Lakh with Charge ID 101056968 was registered on 14 Feb 2025.
Charges
A charge registered on 11 Jan 2024 via Charge ID 100859385 with Others was fully satisfied on 04 Feb 2025.
AGM
Alekhya Property Developments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100498403 with Others was fully satisfied on 06 Sep 2024.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100515971 with Others was fully satisfied on 06 Sep 2024.
Filing
Alekhya Property Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 35,000.00 Lakh with Charge ID 100859385 was registered on 11 Jan 2024.
Charges
A charge with Others of Rs. 15,590.91 Lakh registered on 29 Oct 2021 with Charge ID 100498403 was modified on 31 Mar 2023.
Charges
A charge with Others of Rs. 15,409.09 Lakh registered on 29 Oct 2021 with Charge ID 100515971 was modified on 31 Mar 2023.
Charges
A charge registered on 28 Jun 2016 via Charge ID 100045219 with Others was fully satisfied on 25 Feb 2022.
Charges
A charge registered on 28 Jun 2016 via Charge ID 100045221 with Others was fully satisfied on 25 Feb 2022.

29 earlier events are in the company report.

News

Frequently asked questions

Alekhya Property Developments is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 August 2011 (15+ years old) and is registered under CIN U45200KA2011PTC059904.

Alekhya Property Developments has 3 current directors:

The latest financial statements of Alekhya Property Developments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Alekhya Property Developments is 29AAJCA7572R1ZN, registered in Karnataka.

The CIN (Corporate Identification Number) of Alekhya Property Developments is U45200KA2011PTC059904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Alekhya Property Developments has 4 court cases on record: 4 filed by the company. 2 are pending.

Alekhya Property Developments was incorporated on 08 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Alekhya Property Developments by revenue are Sneh Deep Realty Private Limited, Sanghvi Premises Private Limited, Omr Mall Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).

Nidhi Jayashankar Bangalore ceased to be Additional Director on 27 Sep 2019. Nidhi Jayashankar Bangalore was appointed as Director on 05 Oct 2017. Jayeshankar Bilidale Madaiah was appointed as Director on 08 Aug 2011. Alekhya Property Developments has 4 board changes on record in total.

Alekhya Property Developments can be reached through the website adarshdevelopers.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Alekhya Property Developments is at No. 24 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.