Buildmet Private Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1984PTC006143 Incorporated 11 June 1984 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company infrastructure and utilities MSME · Medium
Data last updated
Revenue · FY 2024
₹14.14 Cr
▼ 26% YoY
Net profit · FY 2024
₹76.26 Lakh
Net margin 5.4%
EBITDA · FY 2024
₹6.95 Cr
EBITDA margin 49.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.87 Cr
Issued & subscribed
Open charges
₹9.26 Cr
Satisfied ₹62.45 Cr
Company age
42 yrs
Est. 1984
Directors on board
3
As per MCA filings

About Buildmet Private Limited

Data last updated:

Buildmet Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ayoki Fabricon Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 June 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1984PTC006143. Its GSTIN is 29AAACB7376F1ZI (Karnataka). The company holds 10 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.87 Cr. It was formerly known as Buildmet Fibers Limited and Buildmet Fibers Private Limited. It is led by directors including Krishnankutty Kottakalam and Sukumaran Nair Gopakumar.

Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹14.14 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹76.26 Lakh (net margin 5.4%) and EBITDA of ₹6.95 Cr (EBITDA margin 49.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 35% over five years.

As per MCA filings, the company has open charges of ₹9.26 Cr and satisfied charges of ₹62.45 Cr on record. Court records list 65 cases involving the company, including 27 filed by the company and 38 filed against it; 5 cases are pending.

Buildmet Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0005683). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website buildmet.co.in.

Company details

CIN U85110KA1984PTC006143
Registration Number 006143
Incorporation Date 11 June 1984
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2024
Date of Balance Sheet 31 March 2024
Parent Company Ayoki Fabricon Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0005683

Name history

Buildmet has undergone 3 name changes throughout its history. The company was previously known as Buildmet Fibers Limited, Buildmet Fibers Private Limited, and Buildmet Limited.. The current legal name is Buildmet Private Limited.

Company NameStatus
Buildmet Private LimitedCurrent
Buildmet Fibers LimitedPrevious
Buildmet Fibers Private LimitedPrevious
Buildmet Limited.Previous

CIN history

Buildmet has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1984PTC006143, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1984PTC006143Current
U51432KA1984PLC006143Previous
U85110KA1984PLC006143Previous

Recognitions & Rankings of Buildmet

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0005683

Contact details

Buildmet Private Limited's registered office is in Bangalore, Karnataka. Its website is buildmet.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 58/1 Kkr Pearl Nagashetti Halli Kasaba Hobli Hebbal – Tumkur Outer Ring R, Oad, Bangalore, Karnataka, India – 560001
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Buildmet Private Limited, buy the company report.

Comprehensive company report
Buildmet Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Buildmet is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Buildmet Private Limited, buy the company report.

Financials of Buildmet Private Limited

FY 2024 filings available

Buildmet Private Limited reported revenue of ₹14.14 Cr (down 26% YoY) for FY 2024.

Revenue · FY 2024
₹14.14 Cr ▼ 26%
Net profit · FY 2024
₹76.26 Lakh margin 5.4%
EBITDA · FY 2024
₹6.95 Cr margin 49.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 37%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▲ 169%
3 years · compounded
▲ 243%
5 years · compounded
▼ 12%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 26% fall in the latest year. EBITDA rose 169% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹6.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹76.26 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin49.2%
Net Profit Margin5.4%
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

To see the full financial statements and ratios of Buildmet Private Limited, buy the company report.

Board of directors of Buildmet Private Limited

Buildmet has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnankutty KottakalamDirector29 Apr 201511 Years 5 MonthsCurrent
Sukumaran Nair GopakumarDirector29 Apr 201511 Years 5 MonthsCurrent
Ganesh KumarDirector29 Apr 201511 Years 5 MonthsCurrent

Auditor

Buildmet Private Limited is audited by BOLLURODI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BOLLURODI & ASSOCIATESFY 2023014475S

Shareholding

The shareholding of Buildmet Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Buildmet Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.26 Cr
Satisfied charges
₹62.45 Cr
Breakdown by lending institutions
Others₹9.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2020100335685Others₹41.76 LakhOpen
27 Jan 2020100328311Others₹1.25 CrOpen
26 Nov 2019100311565Others₹18.66 LakhOpen
26 Nov 2019100311573Others₹18.66 LakhOpen
29 May 2019100278155Others₹1.6 CrOpen

To see the full charge records of Buildmet Private Limited, buy the company report.

Total charge records: 17 View all charges

Credit ratings & regulatory alerts

Buildmet Private Limited was last rated by Icra on 17 May 2021.

Rating agencyRated onRating
Icra17 May 2021

To see the full credit ratings and regulatory alerts of Buildmet Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Buildmet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Buildmet has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
6
Cancelled / inactive
4
GSTINStateStatusRegistered on
29AAACB7376F1ZIKarnatakaActive01 Jul 2017
18AAACB7376F2ZKAssamActive01 Jul 2017
21AAACB7376F1ZYOdishaActive01 Jul 2017
36AAACB7376F1ZNTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Buildmet Private Limited, buy the company report.

Recent activity

Buildmet Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Hosadurgam Nigamanthan Varadarajan ceased to be Whole-Time Director on 11 May 2015.

AGM
Buildmet Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Filing
Buildmet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 08 Feb 2016 via Charge ID 10624432 with State Bank Of India was fully satisfied on 22 Nov 2023.
Charges
A charge registered on 01 Aug 2017 via Charge ID 100150736 with Others was fully satisfied on 20 Mar 2023.
Charges
A charge registered on 14 Jul 2016 via Charge ID 100058282 with Vijaya Bank was fully satisfied on 08 May 2022.
Charges
A charge with State Bank Of India of Rs. 36.78 Cr registered on 08 Feb 2016 with Charge ID 10624432 was modified on 15 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100335685 was registered on 18 Mar 2020.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100328311 was registered on 27 Jan 2020.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100311565 was registered on 26 Nov 2019.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100311573 was registered on 26 Nov 2019.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100278155 was registered on 29 May 2019.
Charges
A charge with Others amounted to Rs. 0.96 Cr with Charge ID 100210394 was registered on 26 Sep 2018.

22 earlier events are in the company report.

Frequently asked questions

Buildmet is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 June 1984 (42+ years old) and is registered under CIN U85110KA1984PTC006143.

Buildmet has 3 current directors:

The latest financial statements of Buildmet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Buildmet is 29AAACB7376F1ZI, registered in Karnataka. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 18AAACB7376F2ZK (Assam), 21AAACB7376F1ZY (Odisha), 36AAACB7376F1ZN (Telangana).

The CIN (Corporate Identification Number) of Buildmet is U85110KA1984PTC006143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Buildmet has 65 court cases on record: 27 filed by the company and 38 filed against it. 5 are pending. Most are in the district courts.

Buildmet was incorporated on 11 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.

Hosadurgam Nigamanthan Varadarajan ceased to be Whole-Time Director on 11 May 2015. Sindhaghatta Viswanath ceased to be Managing Director on 11 May 2015. Ganesh Kumar was appointed as Director on 29 Apr 2015. Buildmet has 6 board changes on record in total.

Yes, Buildmet is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0005683).

Buildmet can be reached through the website buildmet.co.in. Its registered office is in Bangalore, Karnataka, India.