About Benaka Developers and Projects Private Limited
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Benaka Developers and Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2011PTC058428. Its GSTIN is 29AAFCP9754L1ZK (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Prajval Properties Private Limited. It is led by directors including Narahari Dasappa and Narahari Ashwini.
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 No. 34 (Old No.25) 2nd Cross Sampige Road Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2025, the company reported a revenue of ₹6 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 25.9%) and EBITDA of ₹2.72 Cr (EBITDA margin 45.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website benakadevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 34 (Old No.25) 2nd Cross Sampige Road Malleswaram, Bangalore, Karnataka, India – 560003
- 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 Benaka Developers and Projects Private Limited
The main business activity of Benaka Developers and Projects 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 Benaka Developers and Projects Private Limited FY 2025 filings available
Benaka Developers and Projects Private Limited reported revenue of ₹6 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Benaka Developers and Projects Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 5% 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 Benaka Developers and Projects 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 | ₹2.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.55 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 of Benaka Developers and Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.9% | •••• | •••• | •••• | •••• |
| 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 Benaka Developers and Projects 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 Benaka Developers and Projects Private Limited
Benaka Developers and Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pitrachaya Buildwell Developers Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Kavyaa Buildcon India Private Limited | •••• | •••• | •••• | •••• | - | Bhivandi, Maharashtra, India |
| Srusti Infradevelopers (India) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Sky Developers and Promoters (India) Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Cav Projects Private Limited | •••• | •••• | •••• | •••• | - | Miraj, Maharashtra, India |
| Benaka Developers and Projects Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Maadhav Paramount Properties Private Limited | •••• | •••• | •••• | •••• | - | Aligarh, Uttar Pradesh, India |
| Homestead Projects and Developers Private Limited | •••• | •••• | •••• | •••• | - | Kottakkal, Kerala, India |
| Ride Master Rims Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Positive Realtech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| PKS Conclave Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Benaka Developers and Projects by revenue in the Real Estate industry (Builders and Developers), 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 Benaka Developers and Projects Private Limited
Benaka Developers and Projects Private Limited is audited by Sreenivasan & Govardhan for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sreenivasan & Govardhan | 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 Benaka Developers and Projects Private Limited
Benaka Developers and Projects has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narahari Dasappa Also directs: Benaka Ventures Private Limited | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Narahari Ashwini | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Narahari Harish Also directs: Benaka Ventures Private Limited | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Dasharatha Rao Savithri | Director | 02 May 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Benaka Developers and Projects 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 Benaka Developers and Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2023 | Axis Bank Limited | ₹1.3 Cr | Open |
| 30 Nov 2018 | Axis Bank Limited | ₹17 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Benaka Developers and Projects Private Limited
Benaka Developers and Projects Private Limited has a workforce of 18 employees as of Mar 26, 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.
Recent Activity on Benaka Developers and Projects Private Limited
Benaka Developers and Projects Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Dasharatha Rao Savithri was appointed as Director on 02 May 2011.
Credit Ratings, Litigation & Regulatory Alerts for Benaka Developers and Projects 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 Benaka Developers and Projects 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 Benaka Developers and Projects 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 Benaka Developers and Projects Private Limited
Benaka Developers and Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP9754L1ZK | Karnataka | Active | 01 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 Benaka Developers and Projects 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 Benaka Developers and Projects Private Limited
Benaka Developers and Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U70102KA2011PTC058428.
Benaka Developers and Projects reported revenue of ₹6 Cr for FY 2025 (down 9% YoY).
Benaka Developers and Projects has 4 current directors:
- Narahari Dasappa - Director
- Narahari Ashwini - Director
- Narahari Harish - Director
- Dasharatha Rao Savithri - Director
Benaka Developers and Projects reported a net profit of ₹1.55 Cr (net margin 25.9%) and EBITDA of ₹2.72 Cr (EBITDA margin 45.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Benaka Developers and Projects is -3% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Benaka Developers and Projects is 29AAFCP9754L1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Benaka Developers and Projects is U70102KA2011PTC058428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Benaka Developers and Projects was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Benaka Developers and Projects by revenue are Pitrachaya Buildwell Developers Private Limited, Kavyaa Buildcon India Private Limited, Srusti Infradevelopers (India) Private Limited, Sky Developers and Promoters (India) Private Limited, Cav Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Dasharatha Rao Savithri was appointed as Director on 02 May 2011. Narahari Ashwini was appointed as Director on 02 May 2011. Narahari Dasappa was appointed as Director on 02 May 2011. Benaka Developers and Projects has 4 board changes on record in total.
Benaka Developers and Projects can be reached through the website benakadevelopers.com. Its registered office is in Bangalore, Karnataka, India.