About Conart Engineers Limited
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Conart Engineers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1973PLC017072. Its GSTIN is 24AAACC1463A1ZH (Gujarat). Its shares are listed on BSE: 522231.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.14 Cr. It was formerly known as Conart Builders Private Limited. It is led by directors including Jitendra Shankerlal Sura (Managing Director) and Jimish Jitendra Sura (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹62.23 Cr, a growth of 10.1% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 3.4%) and EBITDA of ₹3.87 Cr (EBITDA margin 6.2%). The net worth stands at ₹35.01 Cr (up 9% YoY). Total assets are valued at ₹35.02 Cr (up 8.9% YoY).
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Conart Engineers. As per MCA filings, the company has open charges of ₹3.65 Cr and satisfied charges of ₹10.97 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 conartengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address17 Ground Floor Jay Bharat Society Nr. Solanki Palace 3rd Road Old Khar, Khar West, Mumbai, Maharashtra, India – 400052
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Associated Brands with Conart Engineers Limited
Conart Engineers operates one associated brand: Conart Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Civil engineering and construction services are offered in India. | conartengineers.com |
Competitors & Alternatives of Conart Engineers Limited
Brands and companies operating in the same space as Conart Engineers Limited include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Godrej Properties | Residential and commercial properties are developed by Godrej Properties. | Mumbai, India | 1990 |
 Vingroup | Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam | 1993 |
 Lendlease | Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia | 1958 |
 Frasers Property | Residential and commercial properties are developed and managed across regions. | Singapore | 1924 |
 Sunac | Residential and commercial real estate development is conducted by Sunac. | Shanghai, China | 2003 |
 Lodha Group | Developer of residential and commercial real estate properties | Mumbai, India | 1980 |
 Vanke | Real estate properties are developed in over 50 cities. | Shenzhen, China | 1984 |
 Eiffage | Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France | 1920 |
 City Developments | Real estate development and management services are provided globally. | Singapore | 1963 |
Business Activity of Conart Engineers Limited
Conart Engineers operates primarily in the construction sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Construction | Locked | Buildings | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Conart Engineers Limited
Conart Engineers Limited is audited by Govind Prasad & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Govind Prasad & 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 Conart Engineers Limited
Conart Engineers has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Tarun Parikh | Director | 10 Aug 2020 | 6 Years 1 Months | Current |
| Jignesh Jayantilal Shah | Director | 24 Aug 2022 | 4 Years 1 Months | Current |
| Jimish Jitendra Sura | Whole-Time Director | 24 Sep 2010 | 16 Years 0 Months | Current |
| Jitendra Shankerlal Sura | Managing Director | 01 Dec 1978 | 47 Years 10 Months | Current |
| Sunil Chinubhai Vakil Also directs: Eimco Elecon (India ) Limited, Munjal Auto Industries Limited, Shivam Autotech Limited and 3 more | Director | 13 Aug 2024 | 2 Years 1 Months | Current |
| Pooja Jimish Sura Also directs: Procost Systems LLP, Sq-Feet Consultancy Services Private Limited, Sura Infrastructure and Management Private Limited and 2 more | Director | 13 Aug 2024 | 2 Years 1 Months | Current |
Financials of Conart Engineers Limited FY 2025-26 filings available
Conart Engineers Limited reported revenue of ₹62.23 Cr (up 10.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 62.23 | 56.53 | 48.89 | 35.49 | 36.56 | 21.71 | 25.22 |
| Revenue growth | +10.1% | +15.6% | +37.8% | -2.9% | +68.4% | -13.9% | - |
| EBITDA | 3.87 | 3.93 | 3.52 | 2.92 | 1.74 | 0.91 | 1.43 |
| EBITDA margin | +6.2% | +7.0% | +7.2% | +8.2% | +4.8% | +4.2% | +5.7% |
| Profit before tax | 5.02 | 3.88 | 3.48 | 2.53 | 1.74 | 1.42 | 1.58 |
| Net profit | 2.10 | 2.48 | 2.81 | 1.93 | 1.19 | 0.42 | 0.84 |
| Net profit margin | +3.4% | +4.4% | +5.8% | +5.4% | +3.3% | +1.9% | +3.3% |
| EPS (₹) | 5.93 | 4.26 | 9.81 | 6.29 | 4.09 | 3.30 | 3.79 |
| Balance sheet | |||||||
| Total assets | 35.02 | 32.15 | 29.07 | 25.33 | 23.08 | 21.38 | 20.57 |
| Net worth | 35.01 | 32.12 | 29.03 | 25.28 | 23.06 | 21.36 | 20.55 |
| Total debt | 0.01 | 0.02 | 0.04 | 0.05 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 4.43 | 5.82 | 2.58 | 2.77 | 0.57 | 1.35 | 0.52 |
| Net working capital | 17.42 | 14.61 | 13.22 | 11.65 | 10.90 | 8.78 | 9.15 |
| Cash flow | |||||||
| Cash from operations | (1.46) | 4.91 | 0.91 | 4.07 | (1.48) | 1.99 | 1.93 |
| Cash from investing | 0.10 | (1.65) | (1.08) | (1.88) | 0.70 | (1.15) | (2.74) |
| Cash from financing | (0.02) | (0.03) | (0.03) | 0.01 | 0.00 | (0.01) | (0.39) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.08 | 15.61 | 15.61 | 16.23 | 14.78 | 21.88 | 14.16 | 10.57 |
| Revenue growth (YoY) | +35.9% | -28.7% | +10.2% | +53.6% | +49.0% | - | - | - |
| Other income | 0.19 | 0.34 | 0.06 | 0.41 | 1.01 | 0.30 | 0.07 | 0.05 |
| Total expenses | 19.17 | 14.64 | 14.66 | 14.73 | 14.32 | 19.62 | 13.95 | 10.31 |
| EBITDA | 0.91 | 0.97 | 0.95 | 1.50 | 0.46 | 2.26 | 0.21 | 0.26 |
| EBITDA margin | +4.5% | +6.2% | +6.1% | +9.2% | +3.1% | +10.3% | +1.5% | +2.5% |
| Depreciation | 0.16 | 0.13 | 0.20 | 0.18 | 0.16 | 0.07 | 0.18 | 0.14 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.93 | 1.17 | 0.81 | 1.73 | 1.31 | 2.49 | 0.10 | 0.17 |
| Tax | 0.23 | 0.06 | 0.21 | 0.43 | 0.59 | 1.23 | (0.11) | (0.19) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.08 | 15.61 | 15.61 | 16.23 | 14.78 | 21.88 | 14.16 | 10.57 |
| Revenue growth (YoY) | +35.9% | -28.7% | +10.2% | +53.6% | +49.0% | - | - | - |
| Other income | 0.19 | 0.34 | 0.06 | 0.41 | 1.01 | 0.30 | 0.07 | 0.05 |
| Total expenses | 19.17 | 14.64 | 14.66 | 14.73 | 14.32 | 19.62 | 13.95 | 10.31 |
| EBITDA | 0.91 | 0.97 | 0.95 | 1.50 | 0.46 | 2.26 | 0.21 | 0.26 |
| EBITDA margin | +4.5% | +6.2% | +6.1% | +9.2% | +3.1% | +10.3% | +1.5% | +2.5% |
| Depreciation | 0.16 | 0.13 | 0.20 | 0.18 | 0.16 | 0.07 | 0.18 | 0.14 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.93 | 1.17 | 0.81 | 1.73 | 1.31 | 2.49 | 0.10 | 0.17 |
| Tax | 0.23 | 0.06 | 0.21 | 0.43 | 0.59 | 1.23 | (0.11) | (0.19) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 62.23 | 56.53 | 48.89 | 35.49 | 36.56 | 21.71 | 25.22 |
| Revenue growth | +10.1% | +15.6% | +37.8% | -2.9% | +68.4% | -13.9% | - |
| Other income | 1.83 | 0.51 | 0.59 | 0.18 | 0.47 | 0.96 | 0.67 |
| Total expenses | 58.36 | 52.60 | 45.37 | 32.57 | 34.82 | 20.80 | 23.79 |
| Employee cost | 2.63 | 2.46 | 2.75 | 2.51 | 2.28 | 1.32 | 1.53 |
| EBITDA | 3.87 | 3.93 | 3.52 | 2.92 | 1.74 | 0.91 | 1.43 |
| EBITDA margin | +6.2% | +7.0% | +7.2% | +8.2% | +4.8% | +4.2% | +5.7% |
| Depreciation | 0.67 | 0.54 | 0.60 | 0.54 | 0.47 | 0.44 | 0.51 |
| Interest | 0.01 | 0.02 | 0.03 | 0.03 | 0.00 | 0.01 | 0.01 |
| Profit before tax | 5.02 | 3.88 | 3.48 | 2.53 | 1.74 | 1.42 | 1.58 |
| Tax | 1.29 | 1.19 | 0.41 | 0.55 | 0.45 | 0.38 | 0.37 |
| Net profit | 2.10 | 2.48 | 2.81 | 1.93 | 1.19 | 0.42 | 0.84 |
| Net profit margin | +3.4% | +4.4% | +5.8% | +5.4% | +3.3% | +1.9% | +3.3% |
| EPS (₹) | 5.93 | 4.26 | 9.81 | 6.29 | 4.09 | 3.30 | 3.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.14 | 3.14 | 3.14 | 3.14 | 3.14 | 3.14 | 3.14 |
| Reserves & surplus | 31.87 | 28.98 | 25.89 | 22.14 | 19.92 | 18.22 | 17.41 |
| Shareholders' funds (net worth) | 35.01 | 32.12 | 29.03 | 25.28 | 23.06 | 21.36 | 20.55 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.01 | 0.02 | 0.04 | 0.05 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.01 | 0.02 | 0.04 | 0.05 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 35.02 | 32.15 | 29.07 | 25.33 | 23.08 | 21.38 | 20.57 |
| Assets | |||||||
| Gross block | 12.87 | 11.67 | 10.87 | 11.24 | 9.50 | 8.88 | 8.93 |
| Net block | 6.37 | 5.84 | 5.33 | 5.91 | 4.54 | 4.00 | 4.21 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10.91 | 11.56 | 10.09 | 7.74 | 7.35 | 8.40 | 6.94 |
| Inventories | 9.80 | 9.03 | 4.18 | 6.69 | 4.92 | 5.01 | 2.83 |
| Sundry debtors | 9.52 | 8.68 | 10.32 | 6.18 | 9.98 | 6.40 | 9.51 |
| Cash & bank balances | 4.43 | 5.82 | 2.58 | 2.77 | 0.57 | 1.35 | 0.52 |
| Loans & advances | 2.12 | 0.72 | 0.65 | 0.23 | 0.26 | 0.18 | 0.60 |
| Total current assets | 25.87 | 24.25 | 17.73 | 15.87 | 15.73 | 12.94 | 13.46 |
| Total current liabilities | 8.45 | 9.64 | 4.51 | 4.22 | 4.83 | 4.16 | 4.31 |
| Net working capital | 17.42 | 14.61 | 13.22 | 11.65 | 10.90 | 8.78 | 9.15 |
| Total assets | 35.02 | 32.15 | 29.07 | 25.33 | 23.08 | 21.38 | 20.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.82 | 2.58 | 2.77 | 0.57 | 1.35 | 0.52 | 1.72 |
| Net cash from operating activities | (1.46) | 4.91 | 0.91 | 4.07 | (1.48) | 1.99 | 1.93 |
| Net cash from investing activities | 0.10 | (1.65) | (1.08) | (1.88) | 0.70 | (1.15) | (2.74) |
| Net cash from financing activities | (0.02) | (0.03) | (0.03) | 0.01 | 0.00 | (0.01) | (0.39) |
| Net change in cash | (1.39) | 3.24 | (0.20) | 2.20 | (0.78) | 0.83 | (1.20) |
| Closing cash | 4.43 | 5.82 | 2.58 | 2.77 | 0.57 | 1.35 | 0.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.1% | +15.6% | +37.8% | -2.9% | +68.4% | -13.9% | - |
| EBITDA growth | -1.5% | +11.7% | +20.6% | +67.8% | +91.2% | -36.4% | - |
| PBT growth | +29.4% | +11.5% | +37.6% | +45.4% | +22.5% | -10.1% | -30.1% |
| Net income growth | -15.3% | -11.7% | +45.6% | +62.2% | +183.3% | -50.0% | - |
| Revenue CAGR (3Y) | +20.6% | +15.6% | +31.1% | +12.1% | +5.6% | -1.2% | +7.3% |
| EBITDA CAGR (3Y) | +9.8% | +31.2% | +57.0% | +26.9% | -9.0% | -20.8% | -9.5% |
| Profitability & leverage | |||||||
| Net income margin | +6.0% | +4.8% | +6.3% | +5.6% | +3.5% | +4.8% | +4.8% |
| Return on capital employed | +11.2% | +12.7% | +11.6% | +10.6% | +7.8% | +2.8% | +5.4% |
| Return on net worth | +6.3% | +8.8% | +10.4% | +8.2% | +5.8% | +2.0% | +4.1% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.31 | 0.59 | 1.03 | 1.26 | 0.00 | 2.13 | 1.09 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.07 | 5.02 | 4.42 | 3.42 | 3.98 | 2.44 | 2.70 |
| Inventory turnover | 6.61 | 8.56 | 9.00 | 6.11 | 7.36 | 5.54 | 7.20 |
| Debtors turnover | 6.84 | 5.95 | 5.93 | 4.39 | 4.46 | 2.73 | 2.49 |
| EPS (₹) | 5.93 | 4.26 | 9.81 | 6.29 | 4.09 | 3.30 | 3.79 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Book value per share (₹) | 55.75 | 51.15 | 92.45 | 80.51 | 73.43 | 68.04 | 65.45 |
Shareholding Pattern of Conart Engineers Limited
Shareholding for the quarter ended Mar 2026: promoters hold 44.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 55.80%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 44.20% | 44.20% | 44.20% | 44.20% |
| Public | 55.80% | 55.80% | 55.80% | 55.80% |
Charges & Borrowings of Conart Engineers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2023 | Hdfc Bank Limited | ₹5 Lakh | Open |
| 19 Nov 2016 | Hdfc Bank Limited | ₹1.2 Cr | Open |
| 29 Aug 2016 | Hdfc Bank Limited | ₹1.2 Cr | Open |
| 30 Jul 2016 | Hdfc Bank Limited | ₹1.2 Cr | Open |
| 15 Sep 2015 | Kotak Mahindra Bank Limited | ₹14.5 Lakh | Satisfied |
Total charge records: 31 View all charges
Employees and EPFO Compliance at Conart Engineers Limited
Conart Engineers Limited has a workforce of 139 employees as of Apr 08, 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
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GST Compliance of Conart Engineers Limited
Conart Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC1463A1ZH | Gujarat | 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
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Credit Ratings, Litigation & Regulatory Alerts for Conart Engineers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Conart Engineers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Conart Engineers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of Conart Engineers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Recent Activity on Conart Engineers Limited
Frequently Asked Questions about Conart Engineers Limited
Conart Engineers is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 1973 (53+ years old) and is registered under CIN L45200MH1973PLC017072. Listed on BSE: 522231.
Conart Engineers reported revenue of ₹62.23 Cr for FY 2025-26 (up 10.1% YoY) based on standalone financials.
Conart Engineers has 6 current directors:
- Jitendra Shankerlal Sura - Managing Director
- Jimish Jitendra Sura - Whole-Time Director
- Nirmal Tarun Parikh - Director
- Jignesh Jayantilal Shah - Director
- Sunil Chinubhai Vakil - Director
- Pooja Jimish Sura - Director
The GSTIN of Conart Engineers is 24AAACC1463A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Conart Engineers is L45200MH1973PLC017072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Conart Engineers is listed on BSE with code 522231.
Conart Engineers was incorporated on 14 December 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Conart Engineers can be reached through the website conartengineers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Conart Engineers is at 17 Ground Floor Jay Bharat Society Nr. Solanki Palace 3rd Road Old Khar, Khar West, Mumbai, Maharashtra, India – 400052.