
About Bhanderi Infracon Limited
Data last updated:
Bhanderi Infracon Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45201GJ2004PLC044481. Its GSTIN is 24AACCB6568M1ZB (Gujarat). Its shares are listed on BSE: 538576.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.6 Cr. It was formerly known as Bileshwar Industrial Estate Developers Private Limited and Bhanderi Infracon Private Limited. It is led by directors including Sunil Patel Dhirubhai (Managing Director) and Bhumikaben Sunilbhai Patel.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3.92 Cr, a decline of 25.2% compared to the previous year. For the same year it recorded a net profit of ₹20 Lakh (net margin 5.1%) and EBITDA of ₹69 Lakh (EBITDA margin 17.6%). The net worth stands at ₹26.59 Cr (up 0.8% YoY). Total assets are valued at ₹81.31 Cr (up 30.9% YoY).
Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Bhanderi Infracon. As per MCA filings, the company has open charges of ₹4.15 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 bhanderiinfracon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB/12 Jabuka Complex Nr. Bajrang Ashram Below Vikas School NH – 8 Thakkar Bapa, Nagar, Ahmedabad, Gujarat, India – 382350
- 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
Name History of Bhanderi Infracon Limited
Bhanderi Infracon has undergone 2 name changes throughout its history. The company was previously known as Bileshwar Industrial Estate Developers Private Limited, and Bhanderi Infracon Private Limited. The current legal name is Bhanderi Infracon Limited.
| Company Name | Status |
|---|---|
| Bhanderi Infracon Limited | Current |
| Bileshwar Industrial Estate Developers Private Limited | Previous |
| Bhanderi Infracon Private Limited | Previous |
CIN History of Bhanderi Infracon Limited
Bhanderi Infracon has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201GJ2004PLC044481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201GJ2004PLC044481 | Current |
| U45201GJ2004PLC044481 | Previous |
| U45201GJ2004PTC044481 | Previous |
Associated Brands with Bhanderi Infracon Limited
Bhanderi Infracon operates one associated brand: Bhanderi Infracon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential, commercial, and industrial properties are developed by Bhanderi Infracon. | bhanderiinfracon.com |
Competitors & Alternatives of Bhanderi Infracon Limited
Brands and companies operating in the same space as Bhanderi Infracon Limited include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Residential and commercial properties are developed by Godrej Properties. | Mumbai, India | 1990 |
| | Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam | 1993 |
| | Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia | 1958 |
| | Residential and commercial properties are developed and managed across regions. | Singapore | 1924 |
| | Residential and commercial real estate development is conducted by Sunac. | Shanghai, China | 2003 |
| | Developer of residential and commercial real estate properties | Mumbai, India | 1980 |
| | Real estate properties are developed in over 50 cities. | Shenzhen, China | 1984 |
| | Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France | 1920 |
| | Real estate development and management services are provided globally. | Singapore | 1963 |
Business Activity of Bhanderi Infracon Limited
The main business activity of Bhanderi Infracon is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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.
Auditor Details of Bhanderi Infracon Limited
Bhanderi Infracon Limited is audited by S A R A & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A R A & Associates | 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 Bhanderi Infracon Limited
Bhanderi Infracon has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhumikaben Sunilbhai Patel Also directs: Bileshwar Infrastructure LLP, Dharnidhar Construwell India LLP, Tulsi Infradevelopers LLP and 5 more | Director | 29 Sep 2014 | 12 Years 0 Months | Current |
| Sunil Patel Dhirubhai Also directs: Bileshwar Infrastructure LLP, Dharnidhar Construwell India LLP, Tulsi Infradevelopers LLP and 5 more | Managing Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Shreyaben Milankumar Shah | Director | 03 Feb 2024 | 2 Years 8 Months | Current |
| Lokesh Laxmanbhai Dave Also directs: Gre Renew Enertech Limited, Supernova Engineers Limited | Director | 18 Aug 2023 | 3 Years 1 Months | Current |
| Devendra Prakash Khandelwal Also directs: Soma Group LLP | Additional Director | 04 Feb 2026 | 0 Years 8 Months | Current |
Financials of Bhanderi Infracon Limited FY 2025-26 filings available
Bhanderi Infracon Limited reported revenue of ₹3.92 Cr (down 25.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 3.92 | 5.24 | 4.15 | 6.28 | 6.44 | 4.84 | 6.17 |
| Revenue growth | -25.2% | +26.3% | -33.9% | -2.5% | +33.1% | -21.6% | - |
| EBITDA | 0.69 | 1.12 | 0.73 | (0.42) | 0.19 | 0.24 | 0.26 |
| EBITDA margin | +17.6% | +21.4% | +17.6% | -6.7% | +3.0% | +5.0% | +4.2% |
| Profit before tax | 0.66 | 2.15 | 1.02 | 0.86 | 0.40 | 0.41 | 0.35 |
| Net profit | 0.20 | 1.29 | 0.61 | 0.58 | 0.32 | 0.27 | 0.23 |
| Net profit margin | +5.1% | +24.6% | +14.7% | +9.2% | +5.0% | +5.6% | +3.7% |
| EPS (₹) | 0.79 | 4.96 | 2.35 | 2.23 | 1.23 | 1.04 | 0.86 |
| Balance sheet | |||||||
| Total assets | 81.31 | 62.13 | 49.09 | 50.02 | 34.39 | 32.98 | 31.71 |
| Net worth | 26.59 | 26.38 | 25.09 | 24.46 | 23.90 | 23.58 | 23.31 |
| Total debt | 52.82 | 33.25 | 20.61 | 22.30 | 10.30 | 9.24 | 8.26 |
| Cash & bank | 1.06 | 0.73 | 1.06 | 1.26 | 0.29 | 2.12 | 1.13 |
| Net working capital | 39.30 | 61.12 | 48.50 | 49.11 | 30.35 | 29.94 | 28.69 |
| Cash flow | |||||||
| Cash from operations | 3.35 | (6.89) | 4.74 | 3.34 | (0.39) | (0.18) | 0.72 |
| Cash from investing | (41.03) | (0.02) | 0.43 | (0.05) | (0.96) | (0.03) | (0.05) |
| Cash from financing | 38.01 | 6.58 | (5.37) | (2.31) | (0.48) | 1.20 | (0.68) |
| Particulars | Sep 2023 | Jun 2023 |
|---|---|---|
| Revenue | 1.28 | (0.18) |
| Other income | 0.12 | 0.18 |
| EBITDA | 0.66 | (0.18) |
| EBITDA margin | +60.0% | - |
| Depreciation | 0.02 | 0.00 |
| Interest | 0.00 | 0.00 |
| Profit before tax | 0.76 | 0.00 |
| Tax | 0.00 | 0.00 |
| Net profit | 0.76 | 0.00 |
| EPS (₹) | 2.17 | 0.00 |
| 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 | 0.70 | 0.87 | 0.62 | 1.11 | 5.66 | 2.25 | 5.44 |
| Revenue growth | -19.5% | +40.3% | -44.1% | -80.4% | +151.6% | -58.6% | - |
| EBITDA | 0.16 | (0.07) | 0.05 | (0.94) | 0.24 | 0.09 | 0.20 |
| EBITDA margin | +22.9% | -8.1% | +8.1% | -84.7% | +4.2% | +4.0% | +3.7% |
| Profit before tax | 0.13 | 1.18 | 0.57 | 0.68 | 0.30 | 0.27 | 0.29 |
| Net profit | 0.33 | 0.97 | 0.41 | 0.57 | 0.24 | 0.20 | 0.19 |
| Net profit margin | +47.1% | +111.5% | +66.1% | +51.4% | +4.2% | +8.9% | +3.5% |
| EPS (₹) | 0.35 | 3.58 | 1.58 | 2.19 | 0.92 | 0.77 | 0.69 |
| Balance sheet | |||||||
| Total assets | 30.03 | 28.41 | 27.04 | 25.34 | 26.15 | 24.82 | 24.66 |
| Net worth | 25.72 | 25.63 | 24.70 | 24.28 | 23.72 | 23.49 | 23.29 |
| Total debt | 4.31 | 2.78 | 2.34 | 1.06 | 2.43 | 1.33 | 1.37 |
| Cash & bank | 0.06 | 0.03 | 0.44 | 0.60 | 0.20 | 1.06 | 0.99 |
| Net working capital | 23.01 | 21.64 | 20.85 | 21.20 | 22.38 | 21.42 | 21.24 |
| Cash flow | |||||||
| Cash from operations | (0.35) | (1.01) | 0.37 | (0.75) | (0.28) | (0.21) | (0.27) |
| Cash from investing | (0.26) | (0.17) | (1.71) | (0.03) | (0.33) | 0.00 | (0.05) |
| Cash from financing | 0.64 | 0.77 | 1.18 | 1.18 | (0.25) | 0.27 | 0.31 |
Financial Statements
| Particulars | Sep 2023 | Jun 2023 |
|---|---|---|
| Revenue | 1.28 | (0.18) |
| Other income | 0.12 | 0.18 |
| EBITDA | 0.66 | (0.18) |
| EBITDA margin | +60.0% | - |
| Depreciation | 0.02 | 0.00 |
| Interest | 0.00 | 0.00 |
| Profit before tax | 0.76 | 0.00 |
| Tax | 0.00 | 0.00 |
| Net profit | 0.76 | 0.00 |
| EPS (₹) | 2.17 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.92 | 5.24 | 4.15 | 6.28 | 6.44 | 4.84 | 6.17 |
| Revenue growth | -25.2% | +26.3% | -33.9% | -2.5% | +33.1% | -21.6% | - |
| Other income | 0.01 | 1.08 | 0.38 | 1.35 | 0.26 | 0.19 | 0.10 |
| Total expenses | 3.23 | 4.12 | 3.42 | 6.70 | 6.25 | 4.60 | 5.91 |
| Employee cost | 0.00 | 0.85 | 0.64 | 0.53 | 0.36 | 0.16 | 0.23 |
| EBITDA | 0.69 | 1.12 | 0.73 | (0.42) | 0.19 | 0.24 | 0.26 |
| EBITDA margin | +17.6% | +21.4% | +17.6% | -6.7% | +3.0% | +5.0% | +4.2% |
| Depreciation | 0.04 | 0.05 | 0.09 | 0.07 | 0.05 | 0.02 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.66 | 2.15 | 1.02 | 0.86 | 0.40 | 0.41 | 0.35 |
| Tax | 0.29 | 0.49 | 0.20 | 0.15 | 0.05 | 0.11 | 0.11 |
| Net profit | 0.20 | 1.29 | 0.61 | 0.58 | 0.32 | 0.27 | 0.23 |
| Net profit margin | +5.1% | +24.6% | +14.7% | +9.2% | +5.0% | +5.6% | +3.7% |
| EPS (₹) | 0.79 | 4.96 | 2.35 | 2.23 | 1.23 | 1.04 | 0.86 |
| 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 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 |
| Reserves & surplus | 23.99 | 23.78 | 22.49 | 21.86 | 21.30 | 20.98 | 20.71 |
| Shareholders' funds (net worth) | 26.59 | 26.38 | 25.09 | 24.46 | 23.90 | 23.58 | 23.31 |
| Minority interest | 1.90 | 2.50 | 3.39 | 3.26 | 0.19 | 0.16 | 0.13 |
| Secured loans | 3.87 | 0.07 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 48.95 | 33.18 | 20.52 | 22.30 | 10.30 | 9.24 | 8.26 |
| Total debt | 52.82 | 33.25 | 20.61 | 22.30 | 10.30 | 9.24 | 8.26 |
| Total liabilities | 81.31 | 62.13 | 49.09 | 50.02 | 34.39 | 32.98 | 31.71 |
| Assets | |||||||
| Gross block | 0.73 | 0.47 | 0.71 | 0.48 | 0.43 | 0.11 | 0.08 |
| Net block | 0.45 | 0.22 | 0.42 | 0.27 | 0.31 | 0.03 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 41.55 | 0.77 | 0.18 | 0.66 | 3.72 | 3.01 | 3.01 |
| Inventories | 37.42 | 37.15 | 38.44 | 34.54 | 24.18 | 26.69 | 27.04 |
| Sundry debtors | 4.32 | 4.62 | 4.41 | 7.60 | 8.69 | 5.65 | 6.35 |
| Cash & bank balances | 1.06 | 0.73 | 1.06 | 1.26 | 0.29 | 2.12 | 1.13 |
| Loans & advances | 8.86 | 23.39 | 17.21 | 14.99 | 5.32 | 2.65 | 2.91 |
| Total current assets | 51.66 | 65.89 | 61.12 | 58.39 | 38.48 | 37.11 | 37.43 |
| Total current liabilities | 12.36 | 4.77 | 12.62 | 9.28 | 8.13 | 7.17 | 8.74 |
| Net working capital | 39.30 | 61.12 | 48.50 | 49.11 | 30.35 | 29.94 | 28.69 |
| Total assets | 81.31 | 62.13 | 49.09 | 50.02 | 34.39 | 32.98 | 31.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.73 | 1.06 | 1.26 | 0.29 | 2.12 | 1.13 | 1.13 |
| Net cash from operating activities | 3.35 | (6.89) | 4.74 | 3.34 | (0.39) | (0.18) | 0.72 |
| Net cash from investing activities | (41.03) | (0.02) | 0.43 | (0.05) | (0.96) | (0.03) | (0.05) |
| Net cash from financing activities | 38.01 | 6.58 | (5.37) | (2.31) | (0.48) | 1.20 | (0.68) |
| Net change in cash | 0.33 | (0.33) | (0.20) | 0.98 | (1.83) | 0.99 | 0.00 |
| Closing cash | 1.06 | 0.73 | 1.06 | 1.26 | 0.29 | 2.12 | 1.13 |
| 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 | -25.2% | +26.3% | -33.9% | -2.5% | +33.1% | -21.6% | - |
| EBITDA growth | -38.4% | +53.4% | +273.8% | -321.1% | -20.8% | -7.7% | - |
| PBT growth | -69.3% | +110.8% | +18.6% | +115.0% | -2.4% | +17.1% | -35.2% |
| Net income growth | -84.5% | +111.5% | +5.2% | +81.3% | +18.5% | +17.4% | - |
| Revenue CAGR (3Y) | -14.5% | -6.6% | -5.0% | +0.6% | -5.7% | -32.1% | -28.5% |
| EBITDA CAGR (3Y) | - | +80.6% | +44.9% | - | -28.0% | -38.5% | -30.4% |
| Profitability & leverage | |||||||
| Net income margin | +9.4% | +31.7% | +19.8% | +11.3% | +5.4% | +6.2% | +3.9% |
| Return on capital employed | - | +4.1% | +2.2% | +2.1% | +1.2% | +1.3% | +1.1% |
| Return on net worth | - | +6.5% | +3.3% | +2.9% | +1.5% | +1.3% | +1.0% |
| Debt / equity | - | 1.05 | 0.87 | 0.67 | 0.41 | 0.37 | 0.36 |
| Long-term debt / equity | - | 0.00 | 0.36 | 0.53 | 0.29 | 0.28 | 0.15 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 8.88 | 6.97 | 13.80 | 23.85 | 50.95 | 77.13 |
| Inventory turnover | - | 0.14 | 0.11 | 0.21 | 0.25 | 0.18 | 0.23 |
| Debtors turnover | - | 1.16 | 0.69 | 0.77 | 0.90 | 0.81 | 1.09 |
| EPS (₹) | 0.79 | 4.96 | 2.35 | 2.23 | 1.23 | 1.04 | 0.86 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 101.46 | 96.50 | 94.08 | 91.92 | 90.69 | 89.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.70 | 0.87 | 0.62 | 1.11 | 5.66 | 2.25 | 5.44 |
| Revenue growth | -19.5% | +40.3% | -44.1% | -80.4% | +151.6% | -58.6% | - |
| Other income | 0.00 | 1.28 | 0.60 | 1.68 | 0.10 | 0.19 | 0.10 |
| Total expenses | 0.54 | 0.94 | 0.57 | 2.05 | 5.42 | 2.16 | 5.24 |
| Employee cost | 0.00 | 0.38 | 0.30 | 0.30 | 0.36 | 0.16 | 0.23 |
| EBITDA | 0.16 | (0.07) | 0.05 | (0.94) | 0.24 | 0.09 | 0.20 |
| EBITDA margin | +22.9% | -8.1% | +8.1% | -84.7% | +4.2% | +4.0% | +3.7% |
| Depreciation | 0.02 | 0.03 | 0.08 | 0.06 | 0.04 | 0.01 | 0.01 |
| Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.13 | 1.18 | 0.57 | 0.68 | 0.30 | 0.27 | 0.29 |
| Tax | 0.05 | 0.25 | 0.16 | 0.11 | 0.06 | 0.07 | 0.10 |
| Net profit | 0.33 | 0.97 | 0.41 | 0.57 | 0.24 | 0.20 | 0.19 |
| Net profit margin | +47.1% | +111.5% | +66.1% | +51.4% | +4.2% | +8.9% | +3.5% |
| EPS (₹) | 0.35 | 3.58 | 1.58 | 2.19 | 0.92 | 0.77 | 0.69 |
| 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 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 |
| Reserves & surplus | 23.12 | 23.03 | 22.10 | 21.68 | 21.12 | 20.89 | 20.69 |
| Shareholders' funds (net worth) | 25.72 | 25.63 | 24.70 | 24.28 | 23.72 | 23.49 | 23.29 |
| Secured loans | 3.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.50 | 2.78 | 2.34 | 1.06 | 2.43 | 1.33 | 1.37 |
| Total debt | 4.31 | 2.78 | 2.34 | 1.06 | 2.43 | 1.33 | 1.37 |
| Total liabilities | 30.03 | 28.41 | 27.04 | 25.34 | 26.15 | 24.82 | 24.66 |
| Assets | |||||||
| Gross block | 0.59 | 0.32 | 0.55 | 0.45 | 0.41 | 0.09 | 0.08 |
| Net block | 0.37 | 0.13 | 0.29 | 0.26 | 0.30 | 0.01 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6.64 | 6.62 | 5.91 | 3.89 | 3.46 | 3.39 | 3.39 |
| Inventories | 21.63 | 19.94 | 20.10 | 16.11 | 17.07 | 19.58 | 19.58 |
| Sundry debtors | 3.39 | 3.69 | 3.50 | 7.60 | 8.69 | 5.30 | 5.61 |
| Cash & bank balances | 0.06 | 0.03 | 0.44 | 0.60 | 0.20 | 1.06 | 0.99 |
| Loans & advances | 0.94 | 0.28 | 0.49 | 0.39 | 2.94 | 1.60 | 1.97 |
| Total current assets | 26.02 | 23.94 | 24.53 | 24.70 | 28.90 | 27.54 | 28.15 |
| Total current liabilities | 3.01 | 2.30 | 3.68 | 3.50 | 6.52 | 6.12 | 6.91 |
| Net working capital | 23.01 | 21.64 | 20.85 | 21.20 | 22.38 | 21.42 | 21.24 |
| Total assets | 30.03 | 28.41 | 27.04 | 25.34 | 26.15 | 24.82 | 24.66 |
| 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 | 0.44 | 0.60 | 0.20 | 1.06 | 1.00 | 1.01 |
| Net cash from operating activities | (0.35) | (1.01) | 0.37 | (0.75) | (0.28) | (0.21) | (0.27) |
| Net cash from investing activities | (0.26) | (0.17) | (1.71) | (0.03) | (0.33) | 0.00 | (0.05) |
| Net cash from financing activities | 0.64 | 0.77 | 1.18 | 1.18 | (0.25) | 0.27 | 0.31 |
| Net change in cash | 0.03 | (0.41) | (0.16) | 0.40 | (0.86) | 0.06 | (0.01) |
| Closing cash | 0.06 | 0.03 | 0.44 | 0.60 | 0.20 | 1.06 | 0.99 |
| 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 | -19.5% | +40.3% | -44.1% | -80.4% | +151.6% | -58.6% | - |
| EBITDA growth | +328.6% | -240.0% | +105.3% | -491.7% | +166.7% | -55.0% | - |
| PBT growth | -89.0% | +107.0% | -16.2% | +126.7% | +11.1% | -6.9% | -49.1% |
| Net income growth | -66.0% | +136.6% | -28.1% | +137.5% | +20.0% | +5.3% | - |
| Revenue CAGR (3Y) | -14.3% | -46.4% | -34.9% | -41.1% | -9.7% | -47.3% | -31.4% |
| EBITDA CAGR (3Y) | - | - | -17.8% | - | -23.7% | -54.9% | -36.2% |
| Profitability & leverage | |||||||
| Net income margin | +11.4% | +106.9% | +66.1% | +51.4% | +4.2% | +8.9% | +3.5% |
| Return on capital employed | - | +4.3% | +2.2% | +2.6% | +1.2% | +1.1% | +1.2% |
| Return on net worth | - | +3.7% | +1.7% | +2.4% | +1.0% | +0.9% | +0.8% |
| Debt / equity | - | 0.10 | 0.07 | 0.07 | 0.08 | 0.06 | 0.06 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 7.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.00 | 1.24 | 2.58 | 22.64 | 26.47 | 68.00 |
| Inventory turnover | - | 0.04 | 0.03 | 0.07 | 0.31 | 0.11 | 0.28 |
| Debtors turnover | - | 0.24 | 0.11 | 0.14 | 0.81 | 0.41 | 1.03 |
| EPS (₹) | 0.35 | 3.58 | 1.58 | 2.19 | 0.92 | 0.77 | 0.69 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 98.58 | 95.00 | 93.38 | 91.23 | 90.35 | 89.69 |
Shareholding Pattern of Bhanderi Infracon Limited
Shareholding for the quarter ended Mar 2026: promoters hold 57.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 43.00%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 57.00% | 57.00% | 57.00% | 57.00% |
| Public | 43.00% | 43.00% | 43.00% | 43.00% |
Group Structure of Bhanderi Infracon Limited
Bhanderi Infracon has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bhanderi Pethapur Projects Private Limited | U45309GJ2017PTC099506 | - |
| Hareram Jems And Exports Private Limted (Earlier Bhanderi Happiness Private Limited) | U74993GJ2018PTC101745 | - |
| Bhanderi Talod Projects Private Limited | U74999GJ2018PTC101018 | - |
| Bhanderi Gandhinagar Projects Private Limited | U74999GJ2018PTC101541 | - |
| Bhanderi Kathwada Private Limited | U74999GJ2018PTC101610 | - |
Showing major subsidiaries. Total: 5.
Charges & Borrowings of Bhanderi Infracon Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2025 | Indian Bank | ₹4.15 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bhanderi Infracon Limited
Employment history and EPFO contributions of people linked to Bhanderi Infracon.
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.
GST Compliance of Bhanderi Infracon Limited
Bhanderi Infracon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB6568M1ZB | Gujarat | 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
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Credit Ratings, Litigation & Regulatory Alerts for Bhanderi Infracon 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
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- Director-linked violations
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MSME Payment Delays by Bhanderi Infracon 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
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Subsidiaries & Group Companies of Bhanderi Infracon 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.
MCA Filings & Documents of Bhanderi Infracon 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
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- Complete filing index
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Recent Activity on Bhanderi Infracon Limited
Frequently Asked Questions about Bhanderi Infracon Limited
Bhanderi Infracon is an active public limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN L45201GJ2004PLC044481. Listed on BSE: 538576.
Bhanderi Infracon reported revenue of ₹3.92 Cr for FY 2025-26 (down 25.2% YoY) based on consolidated financials.
Bhanderi Infracon has 5 current directors:
- Sunil Patel Dhirubhai - Managing Director
- Bhumikaben Sunilbhai Patel - Director
- Shreyaben Milankumar Shah - Director
- Lokesh Laxmanbhai Dave - Director
- Devendra Prakash Khandelwal - Additional Director
The GSTIN of Bhanderi Infracon is 24AACCB6568M1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Bhanderi Infracon is L45201GJ2004PLC044481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bhanderi Infracon is listed on BSE with code 538576.
Bhanderi Infracon was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhanderi Infracon can be reached through the website bhanderiinfracon.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Bhanderi Infracon is at B12 Jabuka Complex Nr. Bajrang Ashram Below Vikas School NH – 8 Thakkar Bapa, Nagar, Ahmedabad, Gujarat, India – 382350.