About Borkars Developers Private Limited
Data last updated:
Borkars Developers Private Limited is a private limited company based in Margao, Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70200GA2012PTC007083. Its GSTIN is 30AAFCB5280P2ZH (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Nihaal Deepak Borker and Deepak Prabhakar Borker.
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 Lake Plaza Opp Nehru Stadium Fatorda, Margao, Goa, India – 403601.
As per the financials filed for FY 2024, the company reported a revenue of ₹11,269, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹45.73 Lakh and EBITDA of -₹44.66 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 71% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36 Lakh and satisfied charges of ₹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 borkarsdevelopers.com.
Company details
Contact details
Borkars Developers Private Limited's registered office is in Margao, Goa. Its website is borkarsdevelopers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressLake Plaza Opp Nehru Stadium Fatorda, Margao, Goa, India – 403601
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Borkars Developers Private Limited, buy the company report.
- 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
Financials of Borkars Developers Private Limited
FY 2024 filings availableBorkars Developers Private Limited reported revenue of ₹11,269 (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 57% fall in the latest year. EBITDA rose 58% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹44.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.73 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Borkars Developers Private Limited, buy the company report.
Board of directors of Borkars Developers Private Limited
Borkars Developers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihaal Deepak Borker Also directs: Borkar Printers Private Limited, Borkar Consultancy Services Private Limited, Neografiks (India) Private Limited and 2 more | Director | 08 Jun 2020 | 6 Years 4 Months | Current |
| Deepak Prabhakar Borker | Director | 01 Jun 2015 | 11 Years 4 Months | Current |
| Vinay Prabhakar Borker | Director | 01 Jun 2015 | 11 Years 4 Months | Current |
| Rohit Prakash Borkar | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Borkars Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Borkars Developers Private Limitedthis company | ₹11,269 (FY 2024) | -₹45.73 Lakh | -57.0% | 3 | Margao, Goa, India | |
| Better Builders Private Limited | ₹11,250 (FY 2022) | 50.0% | Mumbai, Maharashtra, India | |||
| Dakua Real Estate & Construction Private Limited | ₹11,240 (FY 2021) | -18.0% | Kolkata, West Bengal, India | |||
| Raja Rajeswari Aradhan Builders Private Limited | ₹11,218 (FY 2024) | -98.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Borkars Developers Private Limited, buy the company report.
Auditor
Borkars Developers Private Limited is audited by R K PIKALE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PIKALE & ASSOCIATES | FY 2019 | 127641W |
Shareholding
The shareholding of Borkars Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Borkars Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2018 | 100190058 | Others | ₹36 Lakh | Open | |
| 16 Feb 2016 | 10623270 | The Goa Urban Co-Operative Bank Ltd. | ₹3 Cr | Satisfied |
To see the full charge records of Borkars Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Borkars Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Borkars Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Borkars Developers Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Borkars Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAFCB5280P2ZH | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Borkars Developers Private Limited, buy the company report.
Recent activity
Borkars Developers Private Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Nihaal Deepak Borker ceased to be Additional Director on 31 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Borkars Developers is an active private limited company based in Margao, Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 November 2012 (14+ years old) and is registered under CIN U70200GA2012PTC007083.
Borkars Developers has 4 current directors:
- Nihaal Deepak Borker - Director
- Deepak Prabhakar Borker - Director
- Vinay Prabhakar Borker - Director
- Rohit Prakash Borkar - Director
The latest financial statements of Borkars Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Borkars Developers is 30AAFCB5280P2ZH, registered in Goa. 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 Borkars Developers is U70200GA2012PTC007083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borkars Developers was incorporated on 01 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Borkars Developers by revenue are Better Builders Private Limited, Dakua Real Estate & Construction Private Limited, Raja Rajeswari Aradhan Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nihaal Deepak Borker ceased to be Additional Director on 31 Dec 2020. Prakash Sadanand Borkar ceased to be Director on 15 Jun 2020. Nihaal Deepak Borker was appointed as Director on 08 Jun 2020. Borkars Developers has 8 board changes on record in total.
Borkars Developers can be reached through the website borkarsdevelopers.com. Its registered office is in Margao, Goa, India.
The registered office of Borkars Developers is at Lake Plaza Opp Nehru Stadium Fatorda, Margao, Goa, India – 403601.
Borkars Developers operates in the real estate and construction industry, in the real estate builders and developers segment.