About Alembic City Limited
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Alembic City Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Alembic Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ1994PLC021552. Its GSTIN is 24AABCA9411F1Z4 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Alembic Exports Limited. It is led by directors including Samir Harendra Patel and Nilesh Bhikhabhai Mistry.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Alembic Road, Vadodara, Gujarat, India – 390003.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.41 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Cr (net margin -4.2%) and EBITDA of ₹33.53 Cr (EBITDA margin 87.3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 146% over five years.
The company is associated with 1 brand: Alembic Limited. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 alembic.co.in.
Company details
CIN history
Alembic City has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100GJ1994PLC021552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100GJ1994PLC021552 | Current |
| U51100GJ1994PLC021552 | Previous |
| U68100GJ1994PLC021552 | Previous |
Contact details
Alembic City Limited's registered office is in Vadodara, Gujarat. Its website is alembic.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAlembic Road, Vadodara, Gujarat, India – 390003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Alembic City 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
Brands
Alembic City operates one associated brand: Alembic Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Active pharmaceutical ingredients are manufactured by Alembic. | alembiclimited.com |
Business activity
The main business activity of Alembic City is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Alembic City Limited, buy the company report.
Financials of Alembic City Limited
FY 2025 filings availableAlembic City Limited reported revenue of ₹38.41 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 146% over five years, including 71% growth in the latest year. EBITDA rose 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹33.53 Cr | ||||
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| Net Profit (PAT) | -₹1.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.3% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Alembic City Limited, buy the company report.
Board of directors of Alembic City Limited
Alembic City has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Harendra Patel Also directs: Shreno Engineering Limited, Rakshak Services Private Limited | Director | 07 Jul 2014 | 12 Years 4 Months | Current |
| Nilesh Bhikhabhai Mistry Also directs: Shreno Limited, Village Hospitality Ventures Private Limited, Shreno Publications Limited and 2 more | Director | 09 May 2024 | 2 Years 6 Months | Current |
| Rasesh Jayant Shah Also directs: Nirayu Private Limited, Suvid Hospitals Private Limited | Director | 26 Aug 2019 | 7 Years 2 Months | Current |
| Rati Ajay Desai Also directs: Alembic Limited | Additional Director | 07 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Alembic City Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Homes Private Limited | ₹38.7 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| Veeyes Rai Estates Private Limited | ₹38.68 Cr (FY 2024) | 117.0% | Mysore, Karnataka, India | |||
| Adeona Developers Private Limited | ₹38.52 Cr (FY 2019) | 173404.0% | Mumbai, Maharashtra, India | |||
| Ekta Everglade Homes Private Limited | ₹38.42 Cr (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Alembic City Limitedthis company | ₹38.41 Cr (FY 2025) | -₹1.62 Cr | -4.2% | 71.0% | Vadodara, Gujarat, India | |
| Patton Developers Private Limited | ₹38.31 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Countrywide Promoters Private Limited | ₹38.28 Cr (FY 2023) | 25.0% | Faridabd, Haryana, India | |||
| Aduri Infra Private Limited | ₹38.2 Cr (FY 2024) | 199.0% | Hyderabad, Telangana, India | |||
| Casa Grande Milestone Private Limited | ₹38.19 Cr (FY 2025) | 238.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Alembic City Limited, buy the company report.
Auditor
Alembic City Limited is audited by Haribhakti & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2024 | 103523W/W100048 |
Shareholding
The shareholding of Alembic City Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alembic City Limited, buy the company report.
Legal cases
Alembic City Limited has 1 court case on record: 1 filed by Alembic City. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against The Chief Controlilng Revenue Authority, State of Gujarat Gandhinagar and 1 other | Pending |
To see the full case history of Alembic City 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 Alembic City Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alembic City has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9411F1Z4 | Gujarat | Active | 28 Aug 2019 |
To see the full GST registrations and return filing status of Alembic City Limited, buy the company report.
Recent activity
Alembic City Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Rati Ajay Desai was appointed as Additional Director on 07 Aug 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Alembic City is an active public limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 March 1994 (32+ years old) and is registered under CIN U70100GJ1994PLC021552.
Alembic City has 4 current directors:
- Samir Harendra Patel - Director
- Nilesh Bhikhabhai Mistry - Director
- Rasesh Jayant Shah - Director
- Rati Ajay Desai - Additional Director
The latest financial statements of Alembic City on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Alembic City is 24AABCA9411F1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Alembic City is U70100GJ1994PLC021552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alembic City has 1 court case on record: 1 filed by the company. 1 is pending.
Alembic City was incorporated on 16 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alembic City by revenue are Golden Homes Private Limited, Veeyes Rai Estates Private Limited, Adeona Developers Private Limited, Ekta Everglade Homes Private Limited, Patton Developers Private Limited and 3 more, all in the same principal business activity (real estate activities with own or leased property).
Rati Ajay Desai was appointed as Additional Director on 07 Aug 2024. Nilesh Bhikhabhai Mistry ceased to be Additional Director on 08 Jul 2024. Nilesh Bhikhabhai Mistry was appointed as Director on 09 May 2024. Alembic City has 11 board changes on record in total.
Alembic City can be reached through the website alembic.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Alembic City is at Alembic Road, Vadodara, Gujarat, India – 390003.
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