- #974 Shekhar Govindbhai Patel ₹2,900 Cr
- #994 Dipakkumar Govindbhai Patel ₹2,800 Cr

About Homelab Designs Private Limited
Data last updated:
Homelab Designs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 October 2002 and has been in existence for over 24 years.
Its director Shekhar Govindbhai Patel is #974 among India's richest people (2026). Its director Dipakkumar Govindbhai Patel is #994 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2002PTC041367. Its GSTIN is 24AAGCS7765K1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Madhuram Resorts Private Limited and Sadhan Buildcon Private Limited. It is led by directors including Aneri Dipakkumar Patel (Managing Director) and Shekhar Govindbhai Patel.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ganesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.33 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 61.1%) and EBITDA of ₹1.47 Cr (EBITDA margin 62.9%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 11% over five years.
The company is associated with 1 brand: Homelab.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website homelab.co.in.
Company details
Name history
Homelab Designs has undergone 2 name changes throughout its history. The company was previously known as Madhuram Resorts Private Limited, and Sadhan Buildcon Private Limited. The current legal name is Homelab Designs Private Limited.
| Company Name | Status |
|---|---|
| Homelab Designs Private Limited | Current |
| Madhuram Resorts Private Limited | Previous |
| Sadhan Buildcon Private Limited | Previous |
CIN history
Homelab Designs has one previous CIN (Corporate Identification Number): U45201GJ2002PTC041367. The current CIN is U74110GJ2002PTC041367, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2002PTC041367 | Current |
| U45201GJ2002PTC041367 | Previous |
Recognitions & Rankings of Homelab Designs
Contact details
Homelab Designs Private Limited's registered office is in Ahmedabad, Gujarat. Its website is homelab.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGanesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Homelab Designs Private 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
Brands
Homelab Designs operates one associated brand: Homelab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Interior design and home renovation services are offered in Ahmedabad. | homelab.co.in |
Business activity
The main business activity of Homelab Designs is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Homelab Designs Private Limited, buy the company report.
Financials of Homelab Designs Private Limited
FY 2025 filings availableHomelab Designs Private Limited reported revenue of ₹2.33 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 10% fall in the latest year. EBITDA rose 138% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | 61.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Homelab Designs Private Limited, buy the company report.
Board of directors of Homelab Designs Private Limited
Homelab Designs 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 |
|---|---|---|---|---|
| Shekhar Govindbhai Patel | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Dipakkumar Govindbhai Patel | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Aneri Dipakkumar Patel Also directs: Ganesh Housing Limited, Ganesh NXT Gen LLP | Managing Director | 01 May 2017 | 9 Years 6 Months | Current |
Auditor
Homelab Designs Private Limited is audited by J M PARIKH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M PARIKH & ASSOCIATES | FY 2019 | 118007W |
Shareholding
The shareholding of Homelab Designs Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Homelab Designs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Homelab Designs Private Limited 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 Homelab Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Homelab Designs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCS7765K1ZT | Gujarat | Active | 14 Feb 2018 |
To see the full GST registrations and return filing status of Homelab Designs Private Limited, buy the company report.
Recent activity
Homelab Designs Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Dipakkumar Govindbhai Patel ceased to be Additional Director on 21 Aug 2017.
Frequently asked questions
Homelab Designs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 October 2002 (24+ years old) and is registered under CIN U74110GJ2002PTC041367.
Homelab Designs has 3 current directors:
- Aneri Dipakkumar Patel - Managing Director
- Shekhar Govindbhai Patel - Director
- Dipakkumar Govindbhai Patel - Director
The latest financial statements of Homelab Designs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Homelab Designs is 24AAGCS7765K1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Homelab Designs is U74110GJ2002PTC041367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Homelab Designs was incorporated on 01 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipakkumar Govindbhai Patel ceased to be Additional Director on 21 Aug 2017. Shekhar Govindbhai Patel ceased to be Additional Director on 21 Aug 2017. Kushal Yogendrakumar Joshi ceased to be Director on 03 May 2017. Homelab Designs has 8 board changes on record in total.
Homelab Designs can be reached through the website homelab.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Homelab Designs is at Ganesh Corporate House 100 Ft.Hebatpur – Thaltej Road Near Sola Bridge Off S.G. Highway, Ahmedabad, Gujarat, India – 380054.
Homelab Designs operates in the consumer electronics and durables industry, in the furniture manufacturing segment.

