About Athena Constructions Limited
Data last updated:
Athena Constructions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 30 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH2011PLC215562. Its GSTIN is 27AAJCA3490N2Z5 (Maharashtra). Its shares are listed on BSE: 539099.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Athena Constructions Private Limited. It is led by directors including Santosh Chandrashekhar Nagar (Managing Director) and Ravikant Ramgopal Rathi.
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 203 Shyam Kamal A Wing Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India – 400059.
The net worth stands at ₹5.85 Cr (down 10.4% YoY). Total assets are valued at ₹9.08 Cr (down 8% YoY).
As per MCA filings, the company has open charges of ₹2.55 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending. The company has 38 deals on record (37 market trades, 1 ipo); the latest was in October 2024. Its 10 peer companies in the Consumer Services industry (Real Estate Brokerage) are compared by revenue, 5 larger and 5 smaller; the largest is PRS Securities Pvt Ltd with revenue of ₹51,900.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website athena.constructions.com.
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- Website
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- Registered Address203 Shyam Kamal A Wing Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
- 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 Athena Constructions Limited
The main business activity of Athena Constructions 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 Athena Constructions Limited FY 2025-26 filings available
Athena Constructions Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.75 | 0.54 | 1.09 | 0.00 | 0.00 |
| Revenue growth | - | -100.0% | +38.9% | -50.5% | - | - | - |
| EBITDA | (0.35) | (0.38) | 0.28 | 0.43 | 0.98 | (0.03) | (0.07) |
| EBITDA margin | - | - | +37.3% | +79.6% | +89.9% | - | - |
| Profit before tax | (0.67) | (0.75) | (0.17) | 0.02 | 0.50 | (0.32) | (0.30) |
| Net profit | (0.67) | (0.75) | (0.16) | 0.02 | 0.50 | (0.32) | (0.30) |
| Net profit margin | - | - | -21.3% | +3.7% | +45.9% | - | - |
| EPS (₹) | (0.90) | (0.99) | (0.20) | 0.03 | 0.67 | (0.44) | (0.41) |
| Balance sheet | |||||||
| Total assets | 9.08 | 9.87 | 10.67 | 16.24 | 16.82 | 11.46 | 10.60 |
| Net worth | 5.85 | 6.53 | 7.27 | 7.42 | 7.40 | 6.90 | 7.23 |
| Total debt | 3.23 | 3.35 | 3.40 | 8.82 | 9.43 | 4.56 | 3.38 |
| Cash & bank | 0.09 | 0.00 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 |
| Net working capital | 4.58 | 4.11 | 4.93 | (1.00) | 2.88 | 4.47 | 3.61 |
| Cash flow | |||||||
| Cash from operations | - | 0.42 | (2.62) | 4.31 | 2.60 | (1.36) | 0.38 |
| Cash from investing | - | (0.03) | 8.50 | (3.30) | (6.96) | 0.00 | 0.00 |
| Cash from financing | - | (0.42) | (5.87) | (1.03) | 4.39 | (0.03) | (0.38) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.75 | 0.54 | 1.09 | 0.00 | 0.00 |
| Revenue growth | - | -100.0% | +38.9% | -50.5% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.05 |
| Total expenses | 0.35 | 0.38 | 0.47 | 0.11 | 0.11 | 0.03 | 0.07 |
| Employee cost | 0.00 | 0.17 | 0.16 | 0.03 | 0.02 | 0.01 | 0.01 |
| EBITDA | (0.35) | (0.38) | 0.28 | 0.43 | 0.98 | (0.03) | (0.07) |
| EBITDA margin | - | - | +37.3% | +79.6% | +89.9% | - | - |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.31 | 0.37 | 0.45 | 0.42 | 0.48 | 0.29 | 0.28 |
| Profit before tax | (0.67) | (0.75) | (0.17) | 0.02 | 0.50 | (0.32) | (0.30) |
| Tax | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.67) | (0.75) | (0.16) | 0.02 | 0.50 | (0.32) | (0.30) |
| Net profit margin | - | - | -21.3% | +3.7% | +45.9% | - | - |
| EPS (₹) | (0.90) | (0.99) | (0.20) | 0.03 | 0.67 | (0.44) | (0.41) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 |
| Reserves & surplus | (1.65) | (0.97) | (0.23) | (0.08) | (0.10) | (0.60) | (0.27) |
| Shareholders' funds (net worth) | 5.85 | 6.53 | 7.27 | 7.42 | 7.40 | 6.90 | 7.23 |
| Secured loans | 2.51 | 2.63 | 2.60 | 2.72 | 2.83 | 2.49 | 2.23 |
| Unsecured loans | 0.72 | 0.72 | 0.80 | 6.10 | 6.60 | 2.07 | 1.15 |
| Total debt | 3.23 | 3.35 | 3.40 | 8.82 | 9.43 | 4.56 | 3.38 |
| Total liabilities | 9.08 | 9.87 | 10.67 | 16.24 | 16.82 | 11.46 | 10.60 |
| Assets | |||||||
| Gross block | 0.04 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.03 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.95 | 3.95 | 3.95 | 15.48 | 11.75 | 4.45 | 4.45 |
| Inventories | 3.05 | 3.05 | 3.05 | 3.05 | 7.09 | 7.09 | 7.09 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.76 | 0.76 |
| Cash & bank balances | 0.09 | 0.00 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 |
| Loans & advances | 9.31 | 11.76 | 11.80 | 0.16 | 0.14 | 1.51 | 1.51 |
| Total current assets | 12.45 | 14.81 | 14.88 | 3.23 | 7.60 | 9.37 | 9.37 |
| Total current liabilities | 7.87 | 10.70 | 9.95 | 4.23 | 4.72 | 4.90 | 5.76 |
| Net working capital | 4.58 | 4.11 | 4.93 | (1.00) | 2.88 | 4.47 | 3.61 |
| Total assets | 9.08 | 9.87 | 10.67 | 16.24 | 16.82 | 11.46 | 10.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 | 0.01 |
| Net cash from operating activities | - | 0.42 | (2.62) | 4.31 | 2.60 | (1.36) | 0.38 |
| Net cash from investing activities | - | (0.03) | 8.50 | (3.30) | (6.96) | 0.00 | 0.00 |
| Net cash from financing activities | - | (0.42) | (5.87) | (1.03) | 4.39 | (0.03) | (0.38) |
| Net change in cash | - | (0.03) | 0.02 | (0.02) | 0.03 | (1.40) | 0.00 |
| Closing cash | - | 0.00 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | -100.0% | +38.9% | -50.5% | - | - | - |
| EBITDA growth | +7.9% | -235.7% | -34.9% | -56.1% | +3366.7% | +57.1% | - |
| PBT growth | +10.7% | -341.2% | - | -96.0% | +9998.0% | -6.7% | -130.8% |
| Net income growth | +10.7% | -368.8% | -900.0% | -96.0% | +256.3% | -6.7% | - |
| Revenue CAGR (3Y) | -100.0% | -100.0% | - | - | +50.5% | -100.0% | -100.0% |
| EBITDA CAGR (3Y) | - | - | - | - | +79.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | - | -21.3% | +3.7% | +45.9% | - | - |
| Return on capital employed | - | 0.0% | 0.0% | +2.7% | +6.9% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | +0.3% | +6.9% | 0.0% | 0.0% |
| Debt / equity | - | 0.49 | 0.83 | 1.23 | 0.98 | 0.56 | 0.46 |
| Long-term debt / equity | - | 0.49 | 0.83 | 1.23 | 0.98 | 0.56 | 0.46 |
| Interest cover | -86.11 | -97.37 | 160.71 | 97.67 | 48.98 | -966.67 | -400.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 150.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.25 | 0.11 | 0.15 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 3.27 | 2.00 | 0.00 | 0.00 |
| EPS (₹) | (0.90) | (0.99) | (0.20) | 0.03 | 0.67 | (0.44) | (0.41) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 8.70 | 9.69 | 9.89 | 9.87 | 9.20 | 9.64 |
Peer Comparison of Athena Constructions Limited
Athena Constructions Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Real Estate Brokerage). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PRS Securities Pvt Ltd | ₹51,900 (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Dooarswinds Projects Private Limited | ₹50,747 (FY 2024) | •••• | •••• | -1.0% | •••• | Alipurduar, West Bengal, India |
| Plinthstone Rema Private Limited | ₹50,130 (FY 2024) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Gra Engineerings India Private Limited | ₹50,100 (FY 2021) | •••• | •••• | -24.0% | •••• | Noida, Uttar Pradesh, India |
| KMF Securities Limited | ₹49,800 (FY 2025) | •••• | •••• | 121.0% | •••• | Delhi, India |
| Dolphin Farms Private Limited | ₹45,000 (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Aleta Technologies Private Limited | ₹44,999 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Arp Commercial Services Private Limited | ₹44,464 (FY 2016) | •••• | •••• | 442.0% | •••• | Kolkata, West Bengal, India |
| HKM Realties Solutions Private Limited | ₹43,332 (FY 2021) | •••• | •••• | -91.0% | •••• | Pune, Maharashtra, India |
| Mindtrack Commodities Private Limited | ₹42,680 (FY 2024) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Athena Constructions by revenue in the Consumer Services industry (Real Estate Brokerage), 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 Athena Constructions Limited
Athena Constructions Limited is audited by P C SURANA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C SURANA & 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 Athena Constructions Limited
Athena Constructions has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikant Ramgopal Rathi | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Santosh Chandrashekhar Nagar Also directs: Athena Wealth Advisors Private Limited | Managing Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Asha Shashikant Maheshwari Also directs: Vastu Infra Buildcon Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Brijkishore Ruia Kamalnayan Also directs: Madhav Motor Stores Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Shashikant Ram Gopal Rathi | Director | 13 Mar 2018 | 8 Years 6 Months | Current |
Shareholding Pattern of Athena Constructions Limited
Shareholding for the quarter ended Mar 2026: promoters hold 37.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 62.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 37.90% | 37.90% | 37.90% | 37.90% |
| Public | 62.10% | 62.10% | 62.10% | 62.10% |
Charges & Borrowings of Athena Constructions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2017 | Tata Capital Financial Services Limited | ₹24 Lakh | Open |
| 29 Sep 2016 | Tata Capital Financial Services Limited | ₹2.31 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Athena Constructions Limited
Athena Constructions Limited has 38 deals on record (37 market trades, 1 ipo); the latest was in October 2024.
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹3.6 Lakh | Seller: Osiyan Bioscience Private Limited |
| Feb 2022 | Market trade | ₹9.5 Lakh | Buyer: Shreeji Capital and Finance Limited Seller: an individual |
| Mar 2019 | Market trade | ₹37.1 Lakh | Buyer: Facts Tradelink Private Limited Seller: an individual |
| Mar 2018 | Market trade | ₹21.5 Lakh | Buyer: Athena Advisory Services Private Limited Seller: an individual |
| Mar 2018 | Market trade | ₹66.6 Lakh | Buyer: Athena Advisory Services Private Limited , an individual Seller: an individual |
Full deal history
All 38 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Athena Constructions Limited
Athena Constructions Limited has 6 court cases on record: 2 filed by Athena Constructions, 4 filed against it. 2 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Income Tax Officer, Ward 9(1)(1) and 3 Ors | Disposed |
Full case history
All 6 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 Athena Constructions Limited
Employment history and EPFO contributions of people linked to Athena Constructions.
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.
CIN History of Athena Constructions Limited
Athena Constructions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45200MH2011PLC215562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH2011PLC215562 | Current |
| U45200MH2011PLC215562 | Previous |
| U45200MH2011PTC215562 | Previous |
Recent Activity on Athena Constructions Limited
Athena Constructions Limited has 15 board changes on record since 2011: 10 appointments and 5 cessations. The latest: Asha Shashikant Maheshwari was appointed as Director on 29 Sep 2018.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Athena Constructions 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 Athena Constructions 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 Athena Constructions 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 Athena Constructions Limited
Athena Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA3490N2Z5 | Maharashtra | Active | 25 Jul 2017 |
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 Athena Constructions 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 Athena Constructions Limited
Athena Constructions is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 30 March 2011 (15+ years old) and is registered under CIN L45200MH2011PLC215562. Listed on BSE: 539099.
Athena Constructions has 5 current directors:
- Santosh Chandrashekhar Nagar - Managing Director
- Ravikant Ramgopal Rathi - Director
- Asha Shashikant Maheshwari - Director
- Brijkishore Ruia Kamalnayan - Director
- Shashikant Ram Gopal Rathi - Director
The GSTIN of Athena Constructions is 27AAJCA3490N2Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Athena Constructions is L45200MH2011PLC215562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Athena Constructions is listed on BSE with code 539099.
Athena Constructions has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending. Most are in the nclat.
Athena Constructions was incorporated on 30 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Athena Constructions has 38 deals on record (37 market trades, 1 ipo); the latest was in October 2024.
The peers of Athena Constructions by revenue are PRS Securities Pvt Ltd, Dooarswinds Projects Private Limited, Plinthstone Rema Private Limited, Gra Engineerings India Private Limited, KMF Securities Limited and 5 more, all in the Consumer Services industry (Real Estate Brokerage).
Asha Shashikant Maheshwari was appointed as Director on 29 Sep 2018. Brijkishore Ruia Kamalnayan was appointed as Director on 29 Sep 2018. Himanshu Nandkishor Maheshwari ceased to be Director on 05 Sep 2018. Athena Constructions has 15 board changes on record in total.
Athena Constructions can be reached through the website athena.constructions.com. Its registered office is in Mumbai, Maharashtra, India.