About Arav Contracts Limited
Data last updated:
Arav Contracts Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PLC186780. Its GSTIN is 27AAFCM7173A1ZL (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.88 Cr. It was formerly known as Mavani Construction Limited and Mavani Space Developer Limited. It is led by directors including Nilesh Kantilal Patel and Bhupesh Virchand Mavani.
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 B/2 Gurudutt Patel Chowk Ghatkopar (East), Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.62 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹57.09 Lakh (net margin 1.4%) and EBITDA of ₹2.48 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 142% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Arav Contracts Limited. As per MCA filings, the company has open charges of ₹2.14 Cr and satisfied charges of ₹3.46 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arav.group.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB/2 Gurudutt Patel Chowk Ghatkopar (East), Mumbai, Maharashtra, India – 400077
- 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 Arav Contracts Limited
The main business activity of Arav Contracts 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 Arav Contracts Limited FY 2024 filings available
Arav Contracts Limited reported revenue of ₹40.62 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Arav Contracts Limited
Revenue has grown at a compounded annual rate (CAGR) of 142% over five years, including 36% growth in the latest year. EBITDA rose 19% 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 Arav Contracts Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.09 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 Arav Contracts Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Arav Contracts 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 Arav Contracts Limited
Arav Contracts Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nitya Nand and Sons Contractors Private Limited | ₹40.69 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hisar, Haryana, India |
| STBL Projects Limited | ₹40.67 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Aroma International Building Contracting (India) Private Limited | ₹40.65 Cr (FY 2025) | •••• | •••• | 189930.0% | •••• | Ernakulam, Kerala, India |
| Hacienda Projects Private Limited | ₹40.65 Cr (FY 2017) | •••• | •••• | 85.0% | •••• | New Delhi, Delhi, India |
| HN Safal Infra Space Private Limited | ₹40.62 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Ahmadabad City, Gujarat, India |
| Arav Contracts Limited this company | ₹40.62 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Mahesh Infracon Private Limited | ₹40.61 Cr (FY 2025) | •••• | •••• | 401.0% | •••• | Lucknow, Uttar Pradesh, India |
| Nabhraj Builders and Developers Private Limited | ₹40.57 Cr (FY 2025) | •••• | •••• | 1321.0% | •••• | Aurangabad, Maharashtra, India |
| Ild Millennium Private Limited | ₹40.56 Cr (FY 2024) | •••• | •••• | 2409.0% | •••• | New Delhi, Delhi, India |
| Jindal Vegetable Products Limited | ₹40.55 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Delhi, India |
| S Kumar Homes Private Limited | ₹40.53 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Arav Contracts by revenue in the Real Estate industry (Builders and Developers), 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 Arav Contracts Limited
Arav Contracts Limited is audited by SHR & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHR & 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 Arav Contracts Limited
Arav Contracts has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Kantilal Patel | Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Bhupesh Virchand Mavani | Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Praful Virchand Mavani | Director | 15 Sep 2008 | 18 Years 0 Months | Current |
| Shailesh Virchand Mavani | Director | 15 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Arav Contracts 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 Arav Contracts Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2025 | Others | ₹18.5 Lakh | Open |
| 30 Aug 2025 | Others | ₹59.98 Lakh | Open |
| 29 May 2025 | Others | ₹65.67 Lakh | Open |
| 26 May 2025 | Others | ₹16.56 Lakh | Open |
| 29 Aug 2019 | Others | ₹53.1 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Arav Contracts Limited
Arav Contracts Limited has 3 court cases on record: 1 filed by Arav Contracts, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.A) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Saipooja Infra | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Company is another party | Disposed |
Full case history
All 3 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.
MSME Payment Delays by Arav Contracts Limited
Arav Contracts Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 89 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Dharti Enterprises | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Arav Contracts Limited
Arav Contracts operates one associated brand: Arav Contracts Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services, including civil work and turnkey projects, are provided by Arav Contracts Limited across multiple regions in India. | arav.group |
Employees and EPFO Compliance at Arav Contracts Limited
Arav Contracts Limited has a workforce of 1 employees as of Mar 29, 2024.
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.
Name History of Arav Contracts Limited
Arav Contracts has undergone 4 name changes throughout its history. The current legal name is Arav Contracts Limited.
| Company Name | Status |
|---|---|
| Arav Contracts Limited | Current |
| Mavani Construction Limited | Previous |
| Mavani Space Developer Limited | Previous |
| Aarav Contracts Limited | Previous |
| Mavani Constructions Limited | Previous |
Recent Activity on Arav Contracts Limited
Arav Contracts Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Bhupesh Virchand Mavani was appointed as Director on 13 Feb 2020.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Arav Contracts 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.
Subsidiaries & Group Companies of Arav Contracts 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 Arav Contracts Limited
Arav Contracts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM7173A1ZL | Maharashtra | Active | 21 Jan 2019 |
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 Arav Contracts 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 Arav Contracts Limited
Arav Contracts is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 September 2008 (18+ years old) and is registered under CIN U45202MH2008PLC186780.
Arav Contracts reported revenue of ₹40.62 Cr for FY 2024 (up 36% YoY).
Arav Contracts has 4 current directors:
- Nilesh Kantilal Patel - Director
- Bhupesh Virchand Mavani - Director
- Praful Virchand Mavani - Director
- Shailesh Virchand Mavani - Director
Arav Contracts reported a net profit of ₹57.09 Lakh (net margin 1.4%) and EBITDA of ₹2.48 Cr (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Arav Contracts is 50% over three years and 142% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Arav Contracts is 27AAFCM7173A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arav Contracts is U45202MH2008PLC186780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arav Contracts has 3 court cases on record: 1 filed by the company and 1 filed against it.
Arav Contracts was incorporated on 15 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arav Contracts by revenue are Nitya Nand and Sons Contractors Private Limited, STBL Projects Limited, Aroma International Building Contracting (India) Private Limited, Hacienda Projects Private Limited, HN Safal Infra Space Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Bhupesh Virchand Mavani was appointed as Director on 13 Feb 2020. Nilesh Kantilal Patel was appointed as Director on 13 Feb 2020. Prakash Harji Mavani ceased to be Director on 13 Feb 2020. Arav Contracts has 5 board changes on record in total.
Arav Contracts has 9 MSME Form 1 returns on record between 2019 and 2023, listing 89 overdue payments to 32 micro and small suppliers. The latest return was filed on 21 Oct 2023.