
About Brigade (Gujarat) Projects Private Limited
Data last updated:
Brigade (Gujarat) Projects Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Brigade Enterprises Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 26 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2015PTC079490. Its GSTIN is 24AAGCB2345A1ZD (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹35 Cr. It is led by directors including Roshin Mathew and Nirupa Shankar.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹4.12 Cr (net margin 18.7%) and EBITDA of ₹16.01 Cr (EBITDA margin 72.8%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 70% over five years.
As per MCA filings, the company has open charges of ₹81 Cr and satisfied charges of ₹80 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 brigadegroup.com.
Company details
Contact details
Brigade (Gujarat) Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is brigadegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29th Flr World Trade Center Brigade Gateway No.26/1 Dr.Rajkumar Road Malleswaram – R, Ajajinagar, Bangalore, Karnataka, India – 560055
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Brigade (Gujarat) Projects 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
Business activity
The main business activity of Brigade (Gujarat) Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Brigade (Gujarat) Projects Private Limited, buy the company report.
Financials of Brigade (Gujarat) Projects Private Limited
FY 2025 filings availableBrigade (Gujarat) Projects Private Limited reported revenue of ₹22 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 29% growth in the latest year. EBITDA rose 37% 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 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 | ₹16.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.12 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.8% | ||||
| Net Profit Margin | 18.7% | ||||
| 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 Brigade (Gujarat) Projects Private Limited, buy the company report.
Board of directors of Brigade (Gujarat) Projects Private Limited
Brigade (Gujarat) Projects has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshin Mathew Also directs: Auraterra Developers LLP, Brigade Enterprises Limited, BCV Developers Private Limited and 5 more | Director | 01 Jun 2018 | 8 Years 5 Months | Current |
| Nirupa Shankar Also directs: Brigade Enterprises Limited, Tetrarch Estates Private Limited, Celebrations Property Private Limited and 5 more | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Vineet Verma Also directs: Brigade Hotel Ventures Limited, Brigade Hospitality Services Limited, SRP Prosperita Hotel Ventures Limited and 4 more | Manager | 16 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Brigade (Gujarat) Projects Private Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agrocorp Landbase Private Limited | ₹22.02 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Brigade (Gujarat) Projects Private Limitedthis company | ₹22 Cr (FY 2025) | ₹4.12 Cr | 18.7% | 29.0% | Bangalore, Karnataka, India | |
| Vaishnodevi Lush Greens Private Limited | ₹21.99 Cr (FY 2025) | 10.0% | Bengaluru, Karnataka, India | |||
| Chamundeswari Build-Tech Private Limited | ₹21.98 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Shradha Buildcon Private Limited | ₹21.97 Cr (FY 2025) | 9368.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Brigade (Gujarat) Projects Private Limited, buy the company report.
Auditor
Brigade (Gujarat) Projects Private Limited is audited by B. K. RAMADHYANI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. RAMADHYANI & CO LLP | FY 2023 | 002878S/S200021 |
Shareholding
The shareholding of Brigade (Gujarat) Projects Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Brigade (Gujarat) Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2022 | 100619961 | Canara Bank | ₹81 Cr | Open | |
| 21 Mar 2018 | 100167669 | Axis Bank Limited | ₹80 Cr | Satisfied |
To see the full charge records of Brigade (Gujarat) Projects Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Brigade (Gujarat) Projects 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 Brigade (Gujarat) Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brigade (Gujarat) Projects has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB2345A1ZD | Gujarat | Active | 01 Jul 2017 |
| 24AAGCB2345A2ZC | Gujarat | Active | 18 Jul 2024 |
To see the full GST registrations and return filing status of Brigade (Gujarat) Projects Private Limited, buy the company report.
Recent activity
Brigade (Gujarat) Projects Private Limited has 11 board changes on record since 2018: 3 appointments and 8 cessations. The latest: Nirupa Shankar ceased to be Additional Director on 22 Jul 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Brigade (Gujarat) Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in mall and retail management, within the business services industry. It was incorporated on 26 March 2015 (11+ years old) and is registered under CIN U70100KA2015PTC079490.
Brigade (Gujarat) Projects has 3 current directors:
- Roshin Mathew - Director
- Nirupa Shankar - Director
- Vineet Verma - Manager
The latest financial statements of Brigade (Gujarat) Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Brigade (Gujarat) Projects is 24AAGCB2345A1ZD, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAGCB2345A2ZC (Gujarat).
The CIN (Corporate Identification Number) of Brigade (Gujarat) Projects is U70100KA2015PTC079490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brigade (Gujarat) Projects was incorporated on 26 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Brigade (Gujarat) Projects by revenue are Agrocorp Landbase Private Limited, Vaishnodevi Lush Greens Private Limited, Chamundeswari Build-Tech Private Limited, Shradha Buildcon Private Limited, all in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property).
Nirupa Shankar ceased to be Additional Director on 22 Jul 2022. Nirupa Shankar was appointed as Director on 16 May 2022. Subrata Kartic Chandra Sharma ceased to be Director on 16 May 2022. Brigade (Gujarat) Projects has 11 board changes on record in total.
Brigade (Gujarat) Projects can be reached through the website brigadegroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Brigade (Gujarat) Projects is at 29th Flr World Trade Center Brigade Gateway No.261 Dr.Rajkumar Road Malleswaram – R, Ajajinagar, Bangalore, Karnataka, India – 560055.
Brigade (Gujarat) Projects operates in the business services industry, in the mall and retail management segment.

