Bhagyanagar Properties Limited

Bhagyanagar Properties Limited - real estate and construction in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN L70102TG2006PLC050010 Incorporated 25 April 2006 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Listed Delisted from NSE on 19 Dec 2022 · voluntary delisting · Delisted from BSE on 19 Dec 2022 · voluntary delisting Public Limited Company real estate and construction MSME
Data last updated
Revenue · FY 2024
₹11.66 Cr
▼ 14% YoY
Net profit · FY 2024
₹3.85 Cr
Net margin 33%
EBITDA · FY 2024
₹7.11 Cr
EBITDA margin 61%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.4 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
16
Provident fund records
Directors on board
3
As per MCA filings

About Bhagyanagar Properties Limited

Data last updated:

Bhagyanagar Properties Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L70102TG2006PLC050010. Its GSTIN is 36AACCB8819P2Z1 (Telangana). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 19 Dec 2022 · voluntary delisting and from BSE on 19 Dec 2022 · voluntary delisting, and no longer trade on a stock exchange.

The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.4 Cr. It was formerly known as Bhagyanagar Properties Private Limited. It is led by directors including Narender Surana and Manish Surana.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.66 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 33%) and EBITDA of ₹7.11 Cr (EBITDA margin 61%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.

The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Bhagyanagar Properties. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 6 cases are pending. The company has 4 deals on record (4 market trades); the latest was in December 2021.

Bhagyanagar Properties Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0048261). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagyanagarproperties.com.

Company details

CIN L70102TG2006PLC050010
Registration Number 050010
Incorporation Date 25 April 2006
ROC Hyderabad
Listing Status Listed - Delisted from NSE on 19 Dec 2022 · voluntary delisting; Delisted from BSE on 19 Dec 2022 · voluntary delisting
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0048261

CIN history

Bhagyanagar Properties has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70102TG2006PLC050010, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L70102TG2006PLC050010Current
U70102AP2006PLC050010Previous
U70102TG2006PLC050010Previous
U70102TG2006PTC050010Previous
U70102AP2006PTC050010Previous

Recognitions & Rankings of Bhagyanagar Properties

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-02-0048261

Contact details

Bhagyanagar Properties Limited's registered office is in Hyderabad, Telangana. Its website is bhagyanagarproperties.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sy.No.221 – 224 Part, Vattinagulapally Rajendranagar Mandal India, Hyderabad, Telangana, India – 500032
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Bhagyanagar Properties Limited, buy the company report.

Comprehensive company report
Bhagyanagar Properties Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Bhagyanagar Properties operates one associated brand: Bhagyanagar Properties. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate development services are provided in Secunderabad, India.bhagyanagarproperties.com

Business activity

The main business activity of Bhagyanagar Properties is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Bhagyanagar Properties Limited, buy the company report.

Financials of Bhagyanagar Properties Limited

FY 2023 filings available

Bhagyanagar Properties Limited reported revenue of ₹11.66 Cr (down 14% YoY) for FY 2024.

Revenue · FY 2024
₹11.66 Cr ▼ 14%
Net profit · FY 2024
₹3.85 Cr margin 33%
EBITDA · FY 2024
₹7.11 Cr margin 61%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 15%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 22%
5 years · compounded
▲ 1%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 25% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹7.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin61%
Net Profit Margin33%
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 Bhagyanagar Properties Limited, buy the company report.

Board of directors of Bhagyanagar Properties Limited

Bhagyanagar Properties has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narender SuranaDirector25 Apr 200620 Years 5 MonthsCurrent
Manish SuranaDirector23 Mar 20206 Years 6 MonthsCurrent
Devendra SuranaDirector25 Apr 200620 Years 5 MonthsCurrent

Auditor

Bhagyanagar Properties Limited is audited by Luharuka& Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Luharuka& AssociatesFY 202301882S

Shareholding

The shareholding of Bhagyanagar Properties Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bhagyanagar Properties Limited, buy the company report.

Deals & funding

Bhagyanagar Properties Limited has 4 deals on record (4 market trades); the latest was in December 2021.

Total deals
4
Market trades
4

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2021Market trade₹70.1 LakhSeller: P.C.S.Securities Limited
Apr 2018Market trade₹1.06 CrBuyer: Money Grow Investment
Seller: Money Grow Investment, Affluence Value Management Private Limited
Apr 2018Market trade₹1.17 CrBuyer: Money Grow Investment
Seller: Money Grow Investment
Apr 2018Market trade₹82.6 LakhBuyer: Money Grow Investment
Seller: Money Grow Investment

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bhagyanagar Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Bhagyanagar Properties has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Metropolitan Ventures India LimitedU45200TG2007PLC053036
Scientia Infocom India Private LimitedU72200TG2005PTC047966

To see the full group structure of Bhagyanagar Properties Limited, buy the company report.

Employees & EPFO

Bhagyanagar Properties Limited has a workforce of 16 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
16
Active EPFO establishments
1
Employee growth
-11.11%

GST

Bhagyanagar Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AACCB8819P2Z1TelanganaActive07 Jul 2017

To see the full GST registrations and return filing status of Bhagyanagar Properties Limited, buy the company report.

Recent activity

Bhagyanagar Properties Limited has 12 board changes on record since 2006: 3 appointments and 9 cessations. The latest: Krupakar Nadimpally Reddy ceased to be Additional Director on 30 Sep 2021.

AGM
Bhagyanagar Properties Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Bhagyanagar Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Ceased
Krupakar Nadimpally Reddy ceased to be Additional Director.
Ceased
Manish Surana ceased to be Additional Director.
Appointed
Manish Surana was appointed as Director.
Ceased
Sanjana Jain ceased to be Additional Director.
Ceased
Devendra Surana ceased to be Director.
Ceased
Shresha Surana ceased to be Director.
Ceased
Vinita Surana ceased to be Director.
Ceased
Boorugu Srinagesh ceased to be Additional Director.
Ceased
Rudrapatna Sreenath Narayanswamy ceased to be Additional Director.
Ceased
Venkatasubbiah Dintakurti ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Bhagyanagar Properties is an active public limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2006 (20+ years old) and is registered under CIN L70102TG2006PLC050010.

Bhagyanagar Properties has 3 current directors:

The latest financial statements of Bhagyanagar Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Bhagyanagar Properties is 36AACCB8819P2Z1, registered in Telangana. 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 Bhagyanagar Properties is L70102TG2006PLC050010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhagyanagar Properties is recorded as a listed company by MCA, but its shares were delisted from NSE on 19 Dec 2022 · voluntary delisting and from BSE on 19 Dec 2022 · voluntary delisting, and no longer trade on a stock exchange.

Bhagyanagar Properties has 16 court cases on record: 4 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.

Bhagyanagar Properties was incorporated on 25 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.

Bhagyanagar Properties has 4 deals on record (4 market trades); the latest was in December 2021.

Krupakar Nadimpally Reddy ceased to be Additional Director on 30 Sep 2021. Manish Surana ceased to be Additional Director on 30 Sep 2020. Manish Surana was appointed as Director on 23 Mar 2020. Bhagyanagar Properties has 12 board changes on record in total.