Brite Merchants Limited
About Brite Merchants Limited
Data last updated:
Brite Merchants Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 12 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH1985PLC343442.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.8 Lakh. It is led by directors including Chandrakant Atmaram Ghanekar and Rashmi Poddar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.37 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹8.77 Lakh (net margin 50.5%) and EBITDA of ₹14.64 Lakh (EBITDA margin 84.3%).
As per MCA filings, the company has open charges of ₹164 Cr and satisfied charges of ₹14 Cr on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Brite Merchants Limited
Brite Merchants has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85100MH1985PLC343442, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100MH1985PLC343442 | Current |
| L51109DL1985PLC019555 | Previous |
| U51109DL1985PLC019555 | Previous |
| U85100DL1985PLC019555 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit 6 Plot – 126 Neeru Silk Mills Mathuradas Mill Comp Lower Parel Delisl, E Road, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
- 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 Brite Merchants Limited
The main business activity of Brite Merchants 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.
Financials of Brite Merchants Limited FY 2021 filings available
Brite Merchants Limited reported revenue of ₹17.37 Lakh (down 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Brite Merchants Limited
Revenue fell 65% in the latest year. EBITDA fell 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Brite Merchants Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹14.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.77 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 Brite Merchants Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 50.5% | •••• | •••• | •••• | •••• |
| 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 Brite Merchants 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.
Board of Directors of Brite Merchants Limited
Brite Merchants has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Atmaram Ghanekar Also directs: Janpriya Traders Limited, Poddar Shikshan Sanstha | Director | 15 Jul 1997 | 29 Years 3 Months | Current |
| Rashmi Poddar | Director | 20 Jul 1998 | 28 Years 3 Months | Current |
| Lakhi Prasad Radheshyam Kheradi Also directs: Janpriya Traders Limited, Poddar Habitat Private Limited, Ujagar Trading Private Limited and 1 more | Director | 10 Oct 2016 | 10 Years 0 Months | Current |
Peer Comparison of Brite Merchants Limited
Brite Merchants Limited is compared with the companies closest to it by revenue in the Real Estate industry (Real Estate Marketing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| STGM Developers Private Limited | ₹17.5 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Bhubaneswar, Odisha, India |
| Punjab Apparel Park Limited | ₹17.47 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Ludhiana, Punjab, India |
| Linchi Sales Private Limited | ₹17.45 Lakh (FY 2024) | •••• | •••• | -96.0% | •••• | Lucknow, Uttar Pradesh, India |
| DLN Projects Private Limited | ₹17.45 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| De Souza Estate Holdings Private Limited | ₹17.41 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Calangute, Goa, India |
| Brite Merchants Limited this company | ₹17.37 Lakh (FY 2021) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Kma Ventures Private Limited | ₹17.18 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Kozhikode, Kerala, India |
| Vindhyachal Estates Ltd | ₹17.13 Lakh (FY 2025) | •••• | •••• | 1050.0% | •••• | Kolkata, West Bengal, India |
| Satts Estates Limited | ₹17.13 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Gurudev Infrahomes (India) Private Limited | ₹17.13 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Patna, Bihar, India |
| Bigdeal Properties (India) Private Limited | ₹17.12 Lakh (FY 2021) | •••• | •••• | 130.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Brite Merchants by revenue in the Real Estate industry (Real Estate Marketing), 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 Brite Merchants Limited
Brite Merchants Limited is audited by SUNNY SHAH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNNY 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.
Ownership and Shareholding of Brite Merchants 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 Brite Merchants Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2025 | Others | ₹50 Cr | Open |
| 30 Jan 2025 | Others | ₹100 Cr | Open |
| 09 Dec 2021 | Others | ₹14 Cr | Open |
| 20 Feb 2020 | Others | ₹13 Cr | Satisfied |
| 15 Mar 2002 | Housing Development Corporation Ltd | ₹1 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Brite Merchants Limited
Brite Merchants Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Company is another party | Disposed |
Full case history
All 1 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 Brite Merchants Limited
Employment history and EPFO contributions of people linked to Brite Merchants.
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.
Recent Activity on Brite Merchants Limited
Brite Merchants Limited has 7 board changes on record since 1997: 3 appointments and 4 cessations. The latest: Dipak Kumar Poddar ceased to be Director on 01 Jan 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Brite Merchants 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 Brite Merchants 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 Brite Merchants 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 Brite Merchants Limited
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 Brite Merchants 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 Brite Merchants Limited
Brite Merchants is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 12 December 1985 (41+ years old) and is registered under CIN U85100MH1985PLC343442.
Brite Merchants reported revenue of ₹17.37 Lakh for FY 2021 (down 65% YoY).
Brite Merchants has 3 current directors:
- Chandrakant Atmaram Ghanekar - Director
- Rashmi Poddar - Director
- Lakhi Prasad Radheshyam Kheradi - Director
Brite Merchants reported a net profit of ₹8.77 Lakh (net margin 50.5%) and EBITDA of ₹14.64 Lakh (EBITDA margin 84.3%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Brite Merchants is U85100MH1985PLC343442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brite Merchants has 1 court case on record.
Brite Merchants was incorporated on 12 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Brite Merchants by revenue are STGM Developers Private Limited, Punjab Apparel Park Limited, Linchi Sales Private Limited, DLN Projects Private Limited, De Souza Estate Holdings Private Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Dipak Kumar Poddar ceased to be Director on 01 Jan 2020. Lakhi Prasad Radheshyam Kheradi was appointed as Director on 10 Oct 2016. Lakhi Prasad Radheshyam Kheradi ceased to be Additional Director on 01 Oct 2016. Brite Merchants has 7 board changes on record in total.
The registered office of Brite Merchants is at Unit 6 Plot – 126 Neeru Silk Mills Mathuradas Mill Comp Lower Parel Delisl, E Road, Mumbai, Maharashtra, India – 400013.
Brite Merchants has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.8 Lakh.