Gandharva Infrastructure and Projects Limited
About Gandharva Infrastructure and Projects Limited
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Gandharva Infrastructure and Projects Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2005PLC138096. Its GSTIN is 07AACCG4124A1ZB (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹79.99 Lakh. It is led by directors including Makkhan Lal Agarwal and Vijay Kumar Bagla.
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 305 Mercantile House 15 Kasturba Gandhi Marg Cannought Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.54 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹54.74 Lakh (net margin 2.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.6 Cr and satisfied charges of ₹10 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gandharva Infrastructure and Projects Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address305 Mercantile House 15 Kasturba Gandhi Marg Cannought Place, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gandharva Infrastructure and Projects Limited, 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 Gandharva Infrastructure and 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 Gandharva Infrastructure and Projects Limited, buy the company report.
Financials of Gandharva Infrastructure and Projects Limited
FY 2025 filings availableGandharva Infrastructure and Projects Limited reported revenue of ₹22.54 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 26% fall in the latest year. EBITDA fell 35% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 6% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gandharva Infrastructure and Projects Limited, buy the company report.
Board of directors of Gandharva Infrastructure and Projects Limited
Gandharva Infrastructure and Projects has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makkhan Lal Agarwal | Director | 02 Sep 2010 | 16 Years 1 Months | Current |
| Vijay Kumar Bagla Also directs: Sarthak Textiles Private Limited, Gandharva Builders Private Limited, Mridula Trading Private Limited and 2 more | Director | 01 Mar 2008 | 18 Years 7 Months | Current |
| Santosh Kumar Bagla | Director | 28 Jun 2005 | 21 Years 3 Months | Current |
| Hira Lall Singh | Director | 02 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Gandharva Infrastructure and Projects Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Vemar Construction Private Limited | ₹30.36 Cr (FY 2024) | 29.0% | Ahmedabad, Gujarat, India | |||
| Ark Builders & Properties Promoters Private Limited | ₹30.33 Cr (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Jhanavi Heights Private Limited | ₹30.29 Cr (FY 2024) | 940.0% | Bangalore, Karnataka, India | |||
| Sri Sai Nidhi Realtors Private Limited | ₹30.28 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Spectra Constructions Private Limited | ₹30.26 Cr (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Gandharva Infrastructure and Projects Limitedthis company | ₹22.54 Cr (FY 2025) | ₹54.74 Lakh | 2.4% | -26.0% | 7 | New Delhi, Delhi, India |
To see the full peer comparison of Gandharva Infrastructure and Projects Limited, buy the company report.
Auditor
Gandharva Infrastructure and Projects Limited is audited by ANAND KESARI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND KESARI & CO | FY 2022 | 500121N |
Shareholding
The shareholding of Gandharva Infrastructure and Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gandharva Infrastructure and Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2026 | 101357151 | Others | ₹1.3 Cr | Open | |
| 12 Apr 2021 | 100444007 | Others | ₹30 Lakh | Open | |
| 17 Feb 2014 | 10482103 | Others | ₹8 Cr | Open | |
| 07 Nov 2015 | 10601225 | Pnb Housing Finance Limited | ₹6 Cr | Satisfied | |
| 17 Jun 2011 | 10295115 | Corporation Bank | ₹4 Cr | Satisfied |
To see the full charge records of Gandharva Infrastructure and Projects Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Gandharva Infrastructure and Projects Limited has 8 court cases on record: 7 filed by Gandharva Infrastructure and Projects, 1 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Prayagraj, Uttar Pradesh | Arbitration matter | Filed against the company by Union of India | Pending |
| District court, Prayagraj, Uttar Pradesh | Arbitration matter | Filed by the company against Union of India | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Union of India | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Union of India | Pending |
| District court, North West, Delhi | Court case (OMP (COMM.)) | Filed by the company against Union of India | Disposed |
To see the full case history of Gandharva Infrastructure and Projects 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
Gandharva Infrastructure and Projects Limited was last rated by Crisil on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2019 |
To see the full credit ratings and regulatory alerts of Gandharva Infrastructure and Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gandharva Infrastructure and Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gandharva Infrastructure and Projects Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Gandharva Infrastructure and Projects has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCG4124A1ZB | Delhi | Active | 01 Jul 2017 |
| 06AACCG4124A1ZD | Haryana | Active | 01 Jul 2017 |
| 08AACCG4124A1Z9 | Rajasthan | Active | 01 Jul 2017 |
| 09AACCG4124A1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gandharva Infrastructure and Projects Limited, buy the company report.
Recent activity
Gandharva Infrastructure and Projects Limited has 11 board changes on record since 2005: 4 appointments and 7 cessations. The latest: Reena Bagla ceased to be Additional Director on 30 Sep 2010.
10 earlier events are in the company report.
Frequently asked questions
Gandharva Infrastructure and Projects is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 June 2005 (21+ years old) and is registered under CIN U45201DL2005PLC138096.
Gandharva Infrastructure and Projects has 4 current directors:
- Makkhan Lal Agarwal - Director
- Vijay Kumar Bagla - Director
- Santosh Kumar Bagla - Director
- Hira Lall Singh - Director
The latest financial statements of Gandharva Infrastructure and Projects 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 GSTIN of Gandharva Infrastructure and Projects is 07AACCG4124A1ZB, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AACCG4124A1ZD (Haryana), 08AACCG4124A1Z9 (Rajasthan), 09AACCG4124A1Z7 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Gandharva Infrastructure and Projects is U45201DL2005PLC138096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gandharva Infrastructure and Projects has 8 court cases on record: 7 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Gandharva Infrastructure and Projects was incorporated on 28 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Gandharva Infrastructure and Projects by revenue are Vemar Construction Private Limited, Ark Builders & Properties Promoters Private Limited, Jhanavi Heights Private Limited, Sri Sai Nidhi Realtors Private Limited, Spectra Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Reena Bagla ceased to be Additional Director on 30 Sep 2010. Makkhan Lal Agarwal was appointed as Director on 02 Sep 2010. Rana Pratap Singh ceased to be Director on 03 Aug 2010. Gandharva Infrastructure and Projects has 11 board changes on record in total.
The registered office of Gandharva Infrastructure and Projects is at 305 Mercantile House 15 Kasturba Gandhi Marg Cannought Place, New Delhi, Delhi, India – 110001.
Gandharva Infrastructure and Projects operates in the real estate and construction industry, in the real estate builders and developers segment.