MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0068101
DMD Developers Private Limited - real estate and construction in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.99 Cr
▼ 63% YoY
Net profit · FY 2025
₹8.12 Cr
Net margin 18.1%
EBITDA · FY 2025
₹16.98 Cr
EBITDA margin 37.7%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹77.27 Cr
Issued & subscribed
Open charges
₹90 Cr
Satisfied ₹669.28 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
9
Provident fund records
About DMD Developers Private Limited
Data last updated:
DMD Developers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2009PTC149333. Its GSTIN is 24AADCD2762N1ZI (Gujarat).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹77.27 Cr. It is led by directors including Dhwanil Dharmeshbhai Patel and Dharmeshbhai Padamsibhai Patel.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.99 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹8.12 Cr (net margin 18.1%) and EBITDA of ₹16.98 Cr (EBITDA margin 37.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 5% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹669.28 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹97.31 Cr; the latest was in November 2017. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger; the largest is Meridian Buildpro Private Limited with revenue of ₹45.04 Cr.
DMD Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0068101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dmddevelopers.com.
Company details
CIN U45202GJ2009PTC149333
Registration Number 149333
Incorporation Date 25 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0068101
CIN history
DMD Developers has one previous CIN (Corporate Identification Number): U45202MH2009PTC197319. The current CIN is U45202GJ2009PTC149333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202GJ2009PTC149333 | Current |
| U45202MH2009PTC197319 | Previous |
Key People
Dhwanil Dharmeshbhai Patel Director Dharmeshbhai Padamsibhai Patel Director Manjulaben Dharmeshbhai Patel Director Recognitions & Rankings of DMD Developers
Contact details
DMD Developers Private Limited's registered office is in Surat, Gujarat. Its website is dmddevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop – 16 To 18 Panel No. – 12, Passage – 3 Rrtm, Surat, Gujarat, India – 395010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of DMD Developers Private Limited, buy the company report.
Comprehensive company report
DMD Developers 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 DMD Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of DMD Developers Private Limited, buy the company report.
Financials of DMD Developers Private Limited
FY 2024 filings availableDMD Developers Private Limited reported revenue of ₹44.99 Cr (down 63% YoY) for FY 2025.
Revenue · FY 2025
₹44.99 Cr ▼ 63%
Net profit · FY 2025
₹8.12 Cr margin 18.1%
EBITDA · FY 2025
₹16.98 Cr margin 37.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 23%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 15%
5 years · compounded
▼ 7%
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.7% | ||||
| Net Profit Margin | 18.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 DMD Developers Private Limited, buy the company report.
Board of directors of DMD Developers Private Limited
DMD Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhwanil Dharmeshbhai Patel | Director | 16 Mar 2012 | 14 Years 7 Months | Current |
| Dharmeshbhai Padamsibhai Patel Also directs: DDKM Realtors LLP, DMD Services Private Limited | Director | 25 Nov 2009 | 16 Years 11 Months | Current |
| Manjulaben Dharmeshbhai Patel Also directs: DMD Services Private Limited | Director | 25 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
DMD Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meridian Buildpro Private Limited | ₹45.04 Cr (FY 2024) | -25.0% | Mumbai, Maharashtra, India | |||
| Oasis Realtech Private Limited | ₹45.02 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Sahusons Interiors and Builders Private Limited | ₹44.99 Cr (FY 2022) | 5.0% | Chennai, Tamil Nadu, India | |||
| DMD Developers Private Limitedthis company | ₹44.99 Cr (FY 2025) | ₹8.12 Cr | 18.1% | -63.0% | 9 | Surat, Gujarat, India |
To see the full peer comparison of DMD Developers Private Limited, buy the company report.
Auditor
DMD Developers Private Limited is audited by B.M. Dave & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.M. Dave & Co. | FY 2022 | 114063W |
Shareholding
The shareholding of DMD Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of DMD Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Cr
Satisfied charges
₹669.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101192347 | Axis Bank Limited | ₹45 Cr | Open | |
| 20 Nov 2025 | 101192348 | Axis Bank Limited | ₹45 Cr | Open | |
| 31 Mar 2022 | 100565186 | Others | ₹35 Cr | Satisfied | |
| 18 Jun 2021 | 100457276 | Others | ₹1.96 Cr | Satisfied | |
| 26 Sep 2017 | 100134133 | Others | ₹263 Cr | Satisfied |
To see the full charge records of DMD Developers Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
DMD Developers Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹97.31 Cr; the latest was in November 2017.
Total deals
5
Funding rounds
5
Disclosed funding
₹97.31 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Funding round | ₹47.31 Cr | Investors: 3 individuals |
| Nov 2015 | Funding round | ₹10.01 Cr | Investors: 3 individuals |
| Jun 2015 | Funding round | ₹15 Cr | Investors: 3 individuals |
| Mar 2013 | Funding round | ₹20 Cr | Investors: 3 individuals |
| Mar 2010 | Funding round | ₹4.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
DMD Developers Private Limited has 9 court cases on record: 5 filed by DMD Developers, 4 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
5
Filed against the company
4
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax, Circle 1( | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax, Circle 1( and 1 other | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Hirenbhai Shankarbhai Uttamchandani of Its Partner Shree Kuberji Developers (A Partnership Firm) | Disposed |
To see the full case history of DMD Developers Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
DMD Developers Private Limited was last rated by Brickwork on 01 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 01 Feb 2022 |
To see the full credit ratings and regulatory alerts of DMD Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DMD Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
DMD Developers has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| DMD Services Private Limited | U45200GJ2006PTC047633 |
To see the full group structure of DMD Developers Private Limited, buy the company report.
Employees & EPFO
DMD Developers Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-66.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of DMD Developers Private Limited, buy the company report.
GST
DMD Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD2762N1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DMD Developers Private Limited, buy the company report.
Recent activity
DMD Developers Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Pinal Dharmesh Patel ceased to be Additional Director on 16 Feb 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 101192347 was registered on 25 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 101192348 was registered on 20 Nov 2025.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100565186 with Others was fully satisfied on 02 Dec 2024.
Charges
A charge registered on 26 Sep 2017 via Charge ID 100134133 with Others was fully satisfied on 02 Dec 2024.
AGM
Dmd Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dmd Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 18 Jun 2021 via Charge ID 100457276 with Others was fully satisfied on 04 Aug 2023.
Charges
A charge registered on 20 Jun 2017 via Charge ID 100107337 with Others was fully satisfied on 04 Aug 2023.
Charges
A charge registered on 04 Mar 2017 via Charge ID 100083552 with Others was fully satisfied on 18 Oct 2022.
Charges
A charge registered on 04 Mar 2017 via Charge ID 100083555 with Others was fully satisfied on 09 Aug 2022.
Charges
A charge with Others of Rs. 263.00 Cr registered on 26 Sep 2017 with Charge ID 100134133 was modified on 28 Apr 2022.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100565186 was registered on 31 Mar 2022.
25 earlier events are in the company report.
Frequently asked questions
DMD Developers is an active private limited company based in Surat, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 November 2009 (17+ years old) and is registered under CIN U45202GJ2009PTC149333.
DMD Developers has 3 current directors:
- Dhwanil Dharmeshbhai Patel - Director
- Dharmeshbhai Padamsibhai Patel - Director
- Manjulaben Dharmeshbhai Patel - Director
The latest financial statements of DMD Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of DMD Developers is 24AADCD2762N1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of DMD Developers is U45202GJ2009PTC149333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DMD Developers has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
DMD Developers was incorporated on 25 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
DMD Developers has 5 deals on record (5 funding rounds), with disclosed funding of ₹97.31 Cr; the latest was in November 2017.
The peers of DMD Developers by revenue are Meridian Buildpro Private Limited, Oasis Realtech Private Limited, Sahusons Interiors and Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Pinal Dharmesh Patel ceased to be Additional Director on 16 Feb 2015. Dhwanil Dharmeshbhai Patel was appointed as Director on 16 Mar 2012. Dharmeshbhai Padamsibhai Patel was appointed as Director on 25 Nov 2009. DMD Developers has 4 board changes on record in total.
Yes, DMD Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0068101).
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