About Amaravati Development Corporation Limited
Data last updated:
Amaravati Development Corporation Limited is a public limited state government company based in Vijayawada, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U93000AP2015SGC105535. Its GSTIN is 37AAPCA9300B1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It was formerly known as Capital City Development and Management Corporation Limited. It is led by directors including Devarakonda Lakshmiparthasarathy Bhasker (Managing Director) and Ramesh Srikonda.
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 Vijayawada, Andhra Pradesh.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.47 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹3.02 Cr (net margin -87%) and EBITDA of -₹7.17 Cr (EBITDA margin -206.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
Court records list 22 cases involving the company, including 22 filed against it; 3 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 ccdmc.co.in.
Company details
CIN history
Amaravati Development Corporation has one previous CIN (Corporate Identification Number): U93000TG2015SGC099009. The current CIN is U93000AP2015SGC105535, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000AP2015SGC105535 | Current |
| U93000TG2015SGC099009 | Previous |
Contact details
Amaravati Development Corporation Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is ccdmc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address54 – 15 – 1 Venkateswara Nagar Beside Yalamanchili Complex, Sonovision Building Ring Road, Vijayawada, Andhra Pradesh, India – 520008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Amaravati Development Corporation 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
Financials of Amaravati Development Corporation Limited
FY 2024 filings availableAmaravati Development Corporation Limited reported revenue of ₹3.47 Cr (up 47% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 47% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.02 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -206.6% | ||||
| Net Profit Margin | -87% | ||||
| 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 Amaravati Development Corporation Limited, buy the company report.
Board of directors of Amaravati Development Corporation Limited
Amaravati Development Corporation has 6 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarakonda Lakshmiparthasarathy Bhasker Also directs: The Andhra Sugars Limited, Iffco Kisan Sez Limited | Managing Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Yuvaraj Narasimhan Also directs: Andhra Pradesh Gas Distribution Corporation Limited, Ysr Steel Corporation Limited, Kadapa Steel Corporation Limited and 5 more | Nominee Director | 22 Jul 2023 | 3 Years 3 Months | Current |
| Pradyumna Srinivas Poojari | Nominee Director | 29 Nov 2022 | 3 Years 10 Months | Current |
| Kannababu Kunapareddy | Nominee Director | 10 Nov 2024 | 1 Years 11 Months | Current |
| Ramesh Srikonda | Director | 08 Nov 2024 | 1 Years 11 Months | Current |
| Suresh Kumar Surendran Nair | Nominee Director | 20 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Amaravati Development Corporation Limited is audited by KANNEGOLLA KRISHNA RAO AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANNEGOLLA KRISHNA RAO AND CO | FY 2022 | 001727S |
Shareholding
The shareholding of Amaravati Development Corporation 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amaravati Development Corporation Limited, buy the company report.
Legal cases
Amaravati Development Corporation Limited has 22 court cases on record: 22 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 22 | 3 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Bhagam Constructions Private Limited | Disposed |
| High Court, ANDHRAPRADESH | Arbitration matter | Filed against the company by Bscpl Infrastructure Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Bscpl Infrastructure Limited, | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by M/S. Kaveri Infraprojects Private Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by M/S. Kaveri Infra Projects Private Limited | Disposed |
To see the full case history of Amaravati Development Corporation 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 Amaravati Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Amaravati Development Corporation has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Amaravati Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAPCA9300B1ZV | Andhra Pradesh | Active | 12 Oct 2017 |
To see the full GST registrations and return filing status of Amaravati Development Corporation Limited, buy the company report.
Recent activity
Amaravati Development Corporation Limited has 35 board changes on record since 2015: 7 appointments and 28 cessations. The latest: Suresh Kumar Surendran Nair was appointed as Nominee Director on 20 Jan 2025.
26 earlier events are in the company report.
Frequently asked questions
Amaravati Development Corporation is an active public limited state government company based in Vijayawada, Andhra Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 May 2015 (11+ years old) and is registered under CIN U93000AP2015SGC105535.
Amaravati Development Corporation has 6 current directors:
- Devarakonda Lakshmiparthasarathy Bhasker - Managing Director
- Yuvaraj Narasimhan - Nominee Director
- Pradyumna Srinivas Poojari - Nominee Director
- Kannababu Kunapareddy - Nominee Director
- Ramesh Srikonda - Director
- Suresh Kumar Surendran Nair - Nominee Director
The latest financial statements of Amaravati Development Corporation 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 FY 2016 are in the company report.
The GSTIN of Amaravati Development Corporation is 37AAPCA9300B1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Amaravati Development Corporation is U93000AP2015SGC105535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amaravati Development Corporation has 22 court cases on record: 22 filed against it. 3 are pending.
Amaravati Development Corporation was incorporated on 21 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
Suresh Kumar Surendran Nair was appointed as Nominee Director on 20 Jan 2025. Kannababu Kunapareddy was appointed as Nominee Director on 10 Nov 2024. Ramesh Srikonda was appointed as Director on 08 Nov 2024. Amaravati Development Corporation has 35 board changes on record in total.
Amaravati Development Corporation can be reached through the website ccdmc.co.in. Its registered office is in Vijayawada, Andhra Pradesh, India.
The registered office of Amaravati Development Corporation is at 54 – 15 – 1 Venkateswara Nagar Beside Yalamanchili Complex, Sonovision Building Ring Road, Vijayawada, Andhra Pradesh, India – 520008.