Armors Developers Private Limited
About Armors Developers Private Limited
Data last updated:
Armors Developers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 01 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U99999MH1997PTC111021. Its GSTIN is 27AAIFA6446N2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Anand Narayanrao Khobragade (Managing Director) and Sharda Anand Khobragade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Near Swastik High School590 Nava Niketan Nagpur 440 017, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.54 Cr. For the same year it recorded a net profit of ₹5.99 Lakh (net margin 1.1%) and EBITDA of ₹37.96 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 321% over three years.
As per MCA filings, the company has open charges of ₹5.95 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 75 cases involving the company, including 32 filed by the company and 35 filed against it; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNear Swastik High School590 Nava Niketan Nagpur 440 017, Maharashtra, India
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
- 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 Armors Developers Private Limited
The main business activity of Armors Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of 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 Armors Developers Private Limited FY 2025 filings available
Armors Developers Private Limited reported revenue of ₹5.54 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Armors Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 321% over three years. EBITDA rose 227% 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 Armors Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹37.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.99 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 Armors Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Armors Developers 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 Armors Developers Private Limited
Armors Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Real Estate Marketing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Muzaffarpur Properties Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Mateshwari Infrasolutions Phase-2 Private Limited | •••• | •••• | •••• | •••• | - | Chinhat, Lucknow, Uttar Pradesh, India |
| Ajmer Colonizers Private Limited | •••• | •••• | •••• | •••• | - | Ajmer, Rajasthan, India |
| Lohia Developers (India) Private Limited | •••• | •••• | •••• | •••• | 20 | Moradabad, Uttar Pradesh, India |
| Kapil Realty Consultants Private Limited | •••• | •••• | •••• | •••• | - | Nanakramguda, Telangana, India |
| Armors Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Vashi Agro Market Pvt Ltd | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Atulyam Infratech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bodhan Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Madhav Multitrade Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Varniraj 100Tech Infra Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Armors Developers by revenue in the Real Estate industry (Real Estate Marketing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Armors Developers Private Limited
Armors Developers Private Limited is audited by VIRANI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIRANI & 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 Armors Developers Private Limited
Armors Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharda Anand Khobragade Also directs: Narayanavision Developer Private Limited | Director | 07 Apr 2003 | 23 Years 6 Months | Current |
| Anand Narayanrao Khobragade Also directs: Narayanavision Developer Private Limited | Managing Director | 01 Oct 1997 | 29 Years 0 Months | Current |
Ownership and Shareholding of Armors Developers Private 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 Armors Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | State Bank of India | ₹4 Cr | Open |
| 29 Sep 2022 | Others | ₹1.95 Cr | Open |
| 24 Jun 2005 | Uco Bank | ₹60 Lakh | Satisfied |
| 29 Jun 2004 | Uco Bank | ₹2.2 Cr | Satisfied |
| 24 Jun 2003 | Uco Bank | ₹60 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Armors Developers Private Limited
Armors Developers Private Limited has 75 court cases on record: 32 filed by Armors Developers, 35 filed against it, 8 where it is another party. 39 cases are pending and 36 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 46 | 31 | 30 |
| High courts | 28 | 3 | 9 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Infrastructures Private Limited | Pending |
| Bombay High Court | Court case (MCA) | Filed against the company by Maven Infracon Private Limited | Disposed |
| Bombay High Court | Court case (CAA) | Filed by the company against Arshad Developers Private Limited | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Arshad Developers Private Limited | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 75 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.
Employees and EPFO Compliance at Armors Developers Private Limited
Employment history and EPFO contributions of people linked to Armors Developers.
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.
Recent Activity on Armors Developers Private Limited
Armors Developers Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Sharda Anand Khobragade was appointed as Director on 07 Apr 2003.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Armors Developers Private 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.
MSME Payment Delays by Armors Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Armors Developers Private 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 Armors Developers Private Limited
Armors Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAIFA6446N2ZY | Maharashtra | Active | 01 Jul 2022 |
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 Armors Developers Private 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 Armors Developers Private Limited
Armors Developers is an active private limited company based in Nagpur, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 01 October 1997 (29+ years old) and is registered under CIN U99999MH1997PTC111021.
Armors Developers reported revenue of ₹5.54 Cr for FY 2025.
Armors Developers has 2 current directors:
- Anand Narayanrao Khobragade - Managing Director
- Sharda Anand Khobragade - Director
Armors Developers reported a net profit of ₹5.99 Lakh (net margin 1.1%) and EBITDA of ₹37.96 Lakh (EBITDA margin 6.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Armors Developers is 321% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Armors Developers is 27AAIFA6446N2ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Armors Developers is U99999MH1997PTC111021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armors Developers has 75 court cases on record: 32 filed by the company and 35 filed against it. 39 are pending. Most are in the district courts.
Armors Developers was incorporated on 01 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Armors Developers by revenue are The Muzaffarpur Properties Private Limited, Mateshwari Infrasolutions Phase-2 Private Limited, Ajmer Colonizers Private Limited, Lohia Developers (India) Private Limited, Kapil Realty Consultants Private Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Sharda Anand Khobragade was appointed as Director on 07 Apr 2003. Anand Narayanrao Khobragade was appointed as Managing Director on 01 Oct 1997.