About Canara Projects India Private Limited
Data last updated:
Canara Projects India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 29 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA1998PTC023328. Its GSTIN is 29AABCC1593L1ZC (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Canara Generators and Accoustics Private Limited. It is led by directors Ajith Nayak (Managing Director) and Shivani Nayak.
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 B – 236 5th Main Road II Stagepeenya Indl.Estate Peena Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.14 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹35.53 Lakh (net margin 8.6%) and EBITDA of ₹80.35 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 37% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.05 Cr and satisfied charges of ₹41.26 Lakh 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 canaraprojects.com.
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- Website
- Social MediaLocked
- Registered AddressB – 236 5th Main Road II Stagepeenya Indl.Estate Peena Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Canara Projects India Private Limited
The main business activity of Canara Projects India is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | 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.
Auditor Details of Canara Projects India Private Limited
Canara Projects India Private Limited is audited by H R SHENOY & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H R SHENOY & 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 Canara Projects India Private Limited
Canara Projects India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivani Nayak | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Ajith Nayak | Managing Director | 29 Jan 1998 | 28 Years 8 Months | Current |
Financials of Canara Projects India Private Limited FY 2024 filings available
Canara Projects India Private Limited reported revenue of ₹4.14 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Canara Projects India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 35% growth in the latest year. EBITDA rose 63% 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 Canara Projects India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹80.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.53 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Canara Projects India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 Canara Projects India 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.
Ownership and Shareholding of Canara Projects India Private 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 Canara Projects India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2024 | Others | ₹18 Lakh | Open |
| 17 Jul 2023 | Others | ₹20 Lakh | Open |
| 07 Mar 2022 | Others | ₹18 Lakh | Open |
| 30 Oct 2021 | Others | ₹18 Lakh | Open |
| 28 Feb 2006 | Others | ₹2.31 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Canara Projects India Private Limited
Canara Projects India Private Limited has a workforce of 6 employees as of Apr 04, 2024.
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.
GST Compliance of Canara Projects India Private Limited
Canara Projects India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCC1593L1ZC | Karnataka | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Canara Projects India Private 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 Canara Projects India Private 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 Canara Projects India Private 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.
MCA Filings & Documents of Canara Projects India Private 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.
Recent Activity on Canara Projects India Private Limited
Frequently Asked Questions about Canara Projects India Private Limited
Canara Projects India 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 29 January 1998 (28+ years old) and is registered under CIN U31103KA1998PTC023328.
Canara Projects India reported revenue of ₹4.14 Cr for FY 2024 (up 35% YoY).
Canara Projects India has 2 current directors:
- Ajith Nayak - Managing Director
- Shivani Nayak - Director
Canara Projects India reported a net profit of ₹35.53 Lakh (net margin 8.6%) and EBITDA of ₹80.35 Lakh (EBITDA margin 19.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canara Projects India is 43% over three years and 37% over five years. In the latest year (FY 2024) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canara Projects India is 29AABCC1593L1ZC, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Canara Projects India is U31103KA1998PTC023328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canara Projects India was incorporated on 29 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Canara Projects India can be reached through the website canaraprojects.com. Its registered office is in Bangalore, Karnataka, India.