Arkay Holdings Limited
About Arkay Holdings Limited
Data last updated:
Arkay Holdings Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Niwas Residential & Commercial Properties Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 April 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PLC024773. Its GSTIN is 07AAACA5629A1Z7 (Delhi). The company held 5 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It was led by directors including Kapil Purohit and Srikar Gopalrao Kowlikar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Room No 3 1st Floor A S K Building Door No 44/57, C P Ramswamy Road Abhirampuram Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.48 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹24 Lakh (net margin 3.7%) and EBITDA of ₹2.29 Cr (EBITDA margin 35.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹2,005.17 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Company details
Contact details
Arkay Holdings Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No 3 1st Floor A S K Building Door No 44/57, C P Ramswamy Road Abhirampuram Chennai, Tamil Nadu, India – 600018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Arkay Holdings 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
Business activity
The main business activity of Arkay Holdings 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 Arkay Holdings Limited, buy the company report.
Financials of Arkay Holdings Limited
FY 2021 filings availableArkay Holdings Limited reported revenue of ₹6.48 Cr (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 1% fall in the latest year. EBITDA rose 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Arkay Holdings Limited, buy the company report.
Board of directors of Arkay Holdings Limited
Arkay Holdings has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Purohit | Director | 27 May 2019 | 7 Years 5 Months | As last reported |
| Srikar Gopalrao Kowlikar Also directs: Jayashish Corporate Services LLP, Arco Leasing Limited, Yunik Managing Advisors Limited and 5 more | Director | 27 Dec 2021 | 4 Years 10 Months | As last reported |
| Mahendramal Gang Also directs: Arkay Sea Logistics Limited, Tapti Waterways Private Limited | Director | 04 Jul 2012 | 14 Years 3 Months | As last reported |
Peer comparison
Arkay Holdings Limited is compared with the 4 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BDR Finvest Private Limited | ₹6.49 Cr (FY 2025) | -77.0% | New Delhi, Delhi, India | |||
| India Green Reality Limited | ₹6.49 Cr (FY 2019) | 26.0% | Ahmedabad, Gujarat, India | |||
| Dharmendra Gupta Associates Private Limited | ₹6.48 Cr (FY 2024) | -31.0% | Ghaziabad, Uttar Pradesh, India | |||
| Arkay Holdings Limitedthis company | ₹6.48 Cr (FY 2021) | ₹24 Lakh | 3.7% | -1.0% | Chennai, Tamil Nadu, India | |
| Shrimanohar Real Estate Private Limited | ₹6.47 Cr (FY 2025) | 60.0% | Vrindavan, Uttar Pradesh, India |
To see the full peer comparison of Arkay Holdings Limited, buy the company report.
Auditor
Arkay Holdings Limited is audited by N K R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & CO | FY 2021 | 127820W |
Shareholding
The shareholding of Arkay Holdings Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arkay Holdings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2017 | 100079033 | Others | ₹300 Cr | Satisfied | |
| 16 Sep 2015 | 10605474 | Others | ₹160 Cr | Satisfied | |
| 03 Nov 2014 | 10540814 | Yes Bank Limited | ₹9 Cr | Satisfied | |
| 15 Jul 2013 | 10446714 | Others | ₹450 Cr | Satisfied | |
| 14 May 2013 | 10435884 | Yes Bank Limited | ₹340 Cr | Satisfied |
To see the full charge records of Arkay Holdings Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Arkay Holdings Limited has 5 court cases on record: 2 filed by Arkay Holdings, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, SURAT, Gujarat | Court case (MACEX) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Motor accident claim | Filed against the company by individuals | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - 5, Mumbai | Disposed |
To see the full case history of Arkay Holdings 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 Arkay Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Arkay Holdings has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Snow White Agencies Pvt Ltd | U51109WB1996PTC076355 | |
| Arkay Sea Logistics Limited | U61100GJ2011PLC071050 |
To see the full group structure of Arkay Holdings Limited, buy the company report.
GST
Arkay Holdings has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA5629A1Z7 | Delhi | Active | 01 Jul 2017 |
| 27AAACA5629A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACA5629A2ZA | Gujarat | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Arkay Holdings Limited, buy the company report.
Recent activity
Arkay Holdings Limited has 20 board changes on record since 2006: 3 appointments and 17 cessations. The latest: Srikar Gopalrao Kowlikar ceased to be Additional Director on 29 Sep 2022.
41 earlier events are in the company report.
Frequently asked questions
Arkay Holdings has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Arkay Holdings was a public limited company based in Chennai, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 April 1993 and is registered under CIN U65991TN1993PLC024773. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Arkay Holdings was incorporated on 06 April 1993. It is registered with the Registrar of Companies, Chennai.
Arkay Holdings had 3 directors:
- Kapil Purohit - Director
- Srikar Gopalrao Kowlikar - Director
- Mahendramal Gang - Director
The CIN (Corporate Identification Number) of Arkay Holdings is U65991TN1993PLC024773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Arkay Holdings is at Room No 3 1st Floor A S K Building Door No 4457, C P Ramswamy Road Abhirampuram Chennai, Tamil Nadu, India – 600018.
The latest financial statements of Arkay Holdings on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Arkay Holdings is 07AAACA5629A1Z7, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACA5629A1Z5 (Maharashtra), 24AAACA5629A2ZA (Gujarat).
Arkay Holdings operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Arkay Holdings by revenue are BDR Finvest Private Limited, India Green Reality Limited, Dharmendra Gupta Associates Private Limited, Shrimanohar Real Estate 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).
Arkay Holdings has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
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