Condides Ltd
About Condides Ltd
Data last updated:
Condides Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Shree Vihar Properties Ltd. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 March 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1982PLC034666.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.04 Lakh. It is led by directors including Subramanian Sathyamurthy and Vikash Goyal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9/1 R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹81,890, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3,901 (net margin 4.8%) and EBITDA of ₹14,895 (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Condides has one previous CIN (Corporate Identification Number): U51909WB1982PTC034666. The current CIN is U51909WB1982PLC034666, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1982PLC034666 | Current |
| U51909WB1982PTC034666 | Previous |
Contact details
Condides Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9/1 R N Mukherjee Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Condides Ltd, 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 Condides is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Condides Ltd, buy the company report.
Financials of Condides Ltd
FY 2025 filings availableCondides Ltd reported revenue of ₹81,890 (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA fell 66% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14,895 | ||||
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| Net Profit (PAT) | ₹3,901 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Condides Ltd, buy the company report.
Board of directors of Condides Ltd
Condides has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Sathyamurthy | Director | 28 Feb 2014 | 12 Years 8 Months | Current |
| Vikash Goyal | Director | 10 Feb 2021 | 5 Years 9 Months | Current |
| Deepak Kumar Sharma | Director | 16 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Condides Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aquamarine Realty Private Limited | ₹82,347 (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Aditya Builders Private Limited | ₹82,080 (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Shilpa Builders Private Limited | ₹82,080 (FY 2025) | -24.0% | Mumbai, Maharashtra, India | |||
| Nuevo Homes Private Limited | ₹82,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Ahead Infraventures Private Limited | ₹82,000 (FY 2025) | 13.0% | Delhi, India | |||
| Condides Ltdthis company | ₹81,890 (FY 2024) | ₹3,901 | 4.8% | 9.0% | Kolkata, West Bengal, India | |
| Esteem Travels Private Limited | ₹81,592 (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Madhav Buildhomes Private Limited | ₹81,500 (FY 2025) | Agra, Uttar Pradesh, India | ||||
| Sangwan Investormart Realtors Private Limited | ₹80,800 (FY 2025) | 4.0% | Noida, Uttar Pradesh, India | |||
| Hi-Sky Realtors Private Limited | ₹80,750 (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Rennet Realtors Private Limited | ₹80,540 (FY 2025) | 539.0% | Delhi, India |
To see the full peer comparison of Condides Ltd, buy the company report.
Auditor
Condides Ltd is audited by R G CHOUDHURY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G CHOUDHURY & CO | FY 2017 | 307118E |
Shareholding
The shareholding of Condides Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Condides Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Condides Ltd 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 Condides Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Condides Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Condides Ltd has 13 board changes on record since 1994: 8 appointments and 5 cessations. The latest: Chandra Kumar Vyas ceased to be Director on 10 Feb 2021.
4 earlier events are in the company report.
Frequently asked questions
Condides is an active public limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 March 1982 (44+ years old) and is registered under CIN U51909WB1982PLC034666.
Condides has 3 current directors:
- Subramanian Sathyamurthy - Director
- Vikash Goyal - Director
- Deepak Kumar Sharma - Director
The latest financial statements of Condides on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Condides is U51909WB1982PLC034666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Condides was incorporated on 05 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Condides by revenue are Aquamarine Realty Private Limited, Aditya Builders Private Limited, Shilpa Builders Private Limited, Nuevo Homes Private Limited, Ahead Infraventures Private Limited and 5 more, all in the same principal business activity (real estate activities).
Chandra Kumar Vyas ceased to be Director on 10 Feb 2021. Vikash Goyal was appointed as Director on 10 Feb 2021. Deepak Kumar Sharma was appointed as Director on 16 Feb 2015. Condides has 13 board changes on record in total.
The registered office of Condides is at 91 R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
Condides operates in the financial services industry, in the financial activities segment.
The compliance status of Condides is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Condides can be reached at its registered office: 91 R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
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