MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0163079
First Stage Projects Private Limited
First Stage Projects Private Limited - infrastructure and utilities in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.91 Cr
▼ 43% YoY
Net profit · FY 2025
₹12.87 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹34.65 Lakh
EBITDA margin 5.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About First Stage Projects Private Limited
Data last updated:
First Stage Projects Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 17 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2018PTC309572. Its GSTIN is 27AADCF4046R1Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Vilas Gaikwad and Laxman Baburao Shinde.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.91 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹12.87 Lakh (net margin 2.2%) and EBITDA of ₹34.65 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
First Stage Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0163079).
Company details
CIN U45200MH2018PTC309572
Registration Number 309572
Incorporation Date 17 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0163079
Recognitions & Rankings of First Stage Projects
Contact details
First Stage Projects Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 02 Sumitra Chs Ltd., Station Road Nr. Gaondevi Mandir, Thane, Maharashtra, India – 400605
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of First Stage Projects Private Limited, buy the company report.
Comprehensive company report
First Stage Projects 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 First Stage Projects 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 First Stage Projects Private Limited, buy the company report.
Financials of First Stage Projects Private Limited
FY 2024 filings availableFirst Stage Projects Private Limited reported revenue of ₹5.91 Cr (down 43% YoY) for FY 2025.
Revenue · FY 2025
₹5.91 Cr ▼ 43%
Net profit · FY 2025
₹12.87 Lakh margin 2.2%
EBITDA · FY 2025
₹34.65 Lakh margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 239%
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 59% 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 |
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| Total Expenses | |||||
| EBITDA | ₹34.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.87 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.9% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of First Stage Projects Private Limited, buy the company report.
Board of directors of First Stage Projects Private Limited
First Stage Projects has 2 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 |
|---|---|---|---|---|
| Rahul Vilas Gaikwad | Director | 25 May 2023 | 3 Years 5 Months | Current |
| Laxman Baburao Shinde | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
Auditor
First Stage Projects Private Limited is audited by A R JADHAV AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R JADHAV AND ASSOCIATES | FY 2023 | 134199W |
Shareholding
The shareholding of First Stage Projects Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of First Stage Projects Private Limited, buy the company report.
Legal cases
First Stage Projects Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Stellence Infra Technology Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Stellence Infra Technology Pvt Ltd | Disposed |
To see the full case history of First Stage Projects 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for First Stage Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Stage Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF4046R1Z5 | Maharashtra | Active | 06 Jul 2018 |
To see the full GST registrations and return filing status of First Stage Projects Private Limited, buy the company report.
Recent activity
First Stage Projects Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Vaishali Sharad Arjune ceased to be Director on 26 May 2023.
AGM
First Stage Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
First Stage Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Vaishali Sharad Arjune ceased to be Director.
Appointed
Rahul Vilas Gaikwad was appointed as Director.
Appointed
Laxman Baburao Shinde was appointed as Director.
Ceased
Sharad Namdev Arjune ceased to be Director.
Incorporation
17 May 2018
First Stage Projects Private Limited was registered on 17 May 2018 with Roc Mumbai & aged 8 years 5 months as per MCA records.
Frequently asked questions
First Stage Projects is an active private limited company based in Thane, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 17 May 2018 (8+ years old) and is registered under CIN U45200MH2018PTC309572.
First Stage Projects has 2 current directors:
- Rahul Vilas Gaikwad - Director
- Laxman Baburao Shinde - Director
The latest financial statements of First Stage Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of First Stage Projects is 27AADCF4046R1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of First Stage Projects is U45200MH2018PTC309572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Stage Projects has 2 court cases on record: 2 filed against it.
First Stage Projects was incorporated on 17 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaishali Sharad Arjune ceased to be Director on 26 May 2023. Rahul Vilas Gaikwad was appointed as Director on 25 May 2023. Laxman Baburao Shinde was appointed as Director on 19 Mar 2022. First Stage Projects has 4 board changes on record in total.
Yes, First Stage Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0163079).
The registered office of First Stage Projects is at Shop No 02 Sumitra Chs Ltd., Station Road Nr. Gaondevi Mandir, Thane, Maharashtra, India – 400605.