Bhanderi Procon Limited
About Bhanderi Procon Limited
Data last updated:
Bhanderi Procon 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 20 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PLC049272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹36.5 Cr and a paid-up capital of ₹5.02 Lakh. It was formerly known as Sudarshan Procon Limited and Sudarshan Procon Private Limited. It is led by directors including Bhaveshkumar Bhagvanbhai Patel and Mukeshbhai Balubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.59 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹25.98 Lakh (net margin 34.4%) and EBITDA of ₹25.31 Lakh (EBITDA margin 33.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 3% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB/9 B/10 Jabuka Complex Nr. Bajrang Ashram Below Vikas School NH – 8 Thakkar Bapana, Gar, 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
Business Activity of Bhanderi Procon Limited
The main business activity of Bhanderi Procon is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Bhanderi Procon Limited FY 2024 filings available
Bhanderi Procon Limited reported revenue of ₹75.59 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhanderi Procon Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 133% 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 Bhanderi Procon 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 | ₹25.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.98 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 Bhanderi Procon Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 34.4% | •••• | •••• | •••• | •••• |
| 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 Bhanderi Procon 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 Bhanderi Procon Limited
Bhanderi Procon Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exult Residency Private Limited | ₹75.62 Lakh (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Exult Buildcon Private Limited | ₹75.62 Lakh (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Exult Shelter Private Limited | ₹75.62 Lakh (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Premises Construction & Developers Private Limited | ₹75.6 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Lucknow, Uttar Pradesh, India |
| A4as Infra Private Limited | ₹75.6 Lakh (FY 2021) | •••• | •••• | •••• | Mainpuri, Uttar Pradesh, India | |
| Bhanderi Procon Limited this company | ₹75.59 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Kanhai Procon Private Limited | ₹75.59 Lakh (FY 2020) | •••• | •••• | -88.0% | •••• | Ahmedabad, Gujarat, India |
| Naman Navya Associates Private Limited | ₹75.58 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Deoghar, Jharkhand, India |
| Titagarh Projects Private Limited | ₹75.58 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Savyasachi Buildhome Private Limited | ₹75.56 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Indore, Madhya Pradesh, India |
| Up72 Land Developers Private Limited | ₹75.55 Lakh (FY 2022) | •••• | •••• | •••• | Pratapgarh, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bhanderi Procon by revenue in the Real Estate industry (Builders and Developers), 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 Bhanderi Procon Limited
Bhanderi Procon Limited is audited by Parin Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parin Shah & 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 Bhanderi Procon Limited
Bhanderi Procon has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaveshkumar Bhagvanbhai Patel Also directs: Bhanderi Dehgam Private Limited | Director | 19 Jan 2010 | 16 Years 8 Months | Current |
| Mukeshbhai Balubhai Patel | Additional Director | 20 Jun 2016 | 10 Years 3 Months | Current |
| Bhumikaben Sunilbhai Patel Also directs: Bhanderi Dehgam Private Limited, Bileshwar Infrastructure LLP, Dharnidhar Construwell India LLP and 5 more | Additional Director | 16 Jan 2018 | 8 Years 8 Months | Current |
| Malav Jayantibhai Patel | Additional Director | 10 Mar 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Bhanderi Procon 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 Bhanderi Procon Limited
Bhanderi Procon Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Bhanderi Procon Limited
Bhanderi Procon Limited has 4 court cases on record: 4 filed by Bhanderi Procon. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Veer Exports | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Veer Exports | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
Full case history
All 4 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 Bhanderi Procon Limited
Employment history and EPFO contributions of people linked to Bhanderi Procon.
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.
Name History of Bhanderi Procon Limited
Bhanderi Procon has undergone 2 name changes throughout its history. The company was previously known as Sudarshan Procon Limited, and Sudarshan Procon Private Limited. The current legal name is Bhanderi Procon Limited.
| Company Name | Status |
|---|---|
| Bhanderi Procon Limited | Current |
| Sudarshan Procon Limited | Previous |
| Sudarshan Procon Private Limited | Previous |
CIN History of Bhanderi Procon Limited
Bhanderi Procon has one previous CIN (Corporate Identification Number): U45200GJ2006PTC049272. The current CIN is U45200GJ2006PLC049272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200GJ2006PLC049272 | Current |
| U45200GJ2006PTC049272 | Previous |
Recent Activity on Bhanderi Procon Limited
Bhanderi Procon Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Malav Jayantibhai Patel was appointed as Additional Director on 10 Mar 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhanderi Procon 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 Bhanderi Procon 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 Bhanderi Procon 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 Bhanderi Procon Limited
Bhanderi Procon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Bhanderi Procon 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 Bhanderi Procon Limited
Bhanderi Procon 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 20 October 2006 (20+ years old) and is registered under CIN U45200GJ2006PLC049272.
Bhanderi Procon reported revenue of ₹75.59 Lakh for FY 2025 (down 9% YoY).
Bhanderi Procon has 4 current directors:
- Bhaveshkumar Bhagvanbhai Patel - Director
- Mukeshbhai Balubhai Patel - Additional Director
- Bhumikaben Sunilbhai Patel - Additional Director
- Malav Jayantibhai Patel - Additional Director
Bhanderi Procon reported a net profit of ₹25.98 Lakh (net margin 34.4%) and EBITDA of ₹25.31 Lakh (EBITDA margin 33.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhanderi Procon is 30% over three years and 3% 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.
No. Bhanderi Procon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhanderi Procon is U45200GJ2006PLC049272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhanderi Procon has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the high courts.
Bhanderi Procon was incorporated on 20 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhanderi Procon by revenue are Exult Residency Private Limited, Exult Buildcon Private Limited, Exult Shelter Private Limited, Premises Construction & Developers Private Limited, A4as Infra Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Malav Jayantibhai Patel was appointed as Additional Director on 10 Mar 2025. Dhirubhai Mohanbhai Bhanderi ceased to be Director on 02 Aug 2023. Ravindra Bheda ceased to be Additional Director on 20 Oct 2020. Bhanderi Procon has 12 board changes on record in total.