MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-09-0008016
Honer Developers Private Limited - real estate and construction in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹240.54 Cr
▲ 31% YoY
Net profit · FY 2023
₹30.73 Cr
Net margin 12.8%
EBITDA · FY 2023
₹56.53 Cr
EBITDA margin 23.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹103.96 Cr
Satisfied ₹556.67 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
62
Provident fund records
About Honer Developers Private Limited
Data last updated:
Honer Developers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2016PTC103890. Its GSTIN is 36AAECI0856M1ZA (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Invicon Developers Private Limited. It is led by directors including Balachandrudu Memparala and Swapna Kumar Yenuga.
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 Sy Nos 627 1011/1 Idl Access Road, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2023, the company reported a revenue of ₹240.54 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹30.73 Cr (net margin 12.8%) and EBITDA of ₹56.53 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Honer Homes. As per MCA filings, the company has open charges of ₹103.96 Cr and satisfied charges of ₹556.67 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company; 3 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in March 2022. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Ahad Builders Private Limited with revenue of ₹242.25 Cr.
Honer Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0008016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honerhomes.com.
Company Details of Honer Developers Private Limited
CIN U70102TG2016PTC103890
Registration Number 103890
Incorporation Date 15 March 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-09-0008016
Key People
Balachandrudu Memparala Director Swapna Kumar Yenuga Director Venkateswarlu Potti Director Recognitions & Rankings of Honer Developers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy Nos 627 1011/1 Idl Access Road, Hyderabad, Telangana, India – 500072
- IndustryReal Estate and Construction, Real Estate Builders & Developers
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Associated Brands with Honer Developers Private Limited
Honer Developers operates one associated brand: Honer Homes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential properties, managing planning, construction, and sales. | honerhomes.com |
Business Activity of Honer Developers Private Limited
The main business activity of Honer Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Honer Developers Private Limited FY 2024 filings available
Honer Developers Private Limited reported revenue of ₹240.54 Cr (up 31% YoY) for FY 2023.
Revenue · FY 2023
₹240.54 Cr ▲ 31%
Net profit · FY 2023
₹30.73 Cr margin 12.8%
EBITDA · FY 2023
₹56.53 Cr margin 23.5%
Compounded Annual Growth Rate (CAGR) of Honer Developers Private Limited
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 31% growth 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 of Honer Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹240.54 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.73 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 of Honer Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Honer Developers are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Honer Developers Private Limited
Honer Developers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balachandrudu Memparala | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Swapna Kumar Yenuga | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Venkateswarlu Potti | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Seerna Raja Mouli | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
Peer Comparison of Honer Developers Private Limited
Honer Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ahad Builders Private Limited | ₹242.25 Cr (FY 2025) | •••• | •••• | 333.0% | •••• | Bangalore, Karnataka, India |
| N.Rose Developers Private Limited | ₹242.05 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Fastidious Buildmart Private Limited | ₹241.9 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Delhi, India |
| Pareena Infrastructures Private Limited | ₹241.07 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Divgi Holdings Private Limited | ₹241.01 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Sirsi, Karnataka, India |
| Honer Developers Private Limited this company | ₹240.54 Cr (FY 2023) | •••• | •••• | 31.0% | •••• | Hyderabad, Telangana, India |
| Sahara Prime City Limited | ₹240.1 Cr (FY 2021) | •••• | •••• | -60.0% | •••• | Lucknow, Uttar Pradesh, India |
| Dynasty Infrabuilders Private Limited | ₹239.88 Cr (FY 2025) | •••• | •••• | 27409.0% | •••• | Mumbai, Maharashtra, India |
| Savvy Infrastructure Private Limited | ₹239.47 Cr (FY 2024) | •••• | •••• | 330.0% | •••• | Ahmedabad, Gujarat, India |
| Andhra Pradesh State Police Housing Corpn Ltd. | ₹239.26 Cr (FY 2019) | •••• | •••• | 2.0% | •••• | Telangana, India |
| Hyma Developers Private Limited | ₹239.12 Cr (FY 2025) | •••• | •••• | 2415.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Honer Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Honer Developers Private Limited
Honer Developers Private Limited is audited by RAMASAMY KOTESWARA RAO AND CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMASAMY KOTESWARA RAO AND CO LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Honer Developers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Charges & Borrowings of Honer Developers Private Limited
Open charges
₹103.96 Cr
Satisfied charges
₹556.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Axis Bank Limited | ₹38 Cr | Open |
| 02 May 2024 | Hdfc Bank Limited | ₹4.49 Cr | Open |
| 29 Apr 2024 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 20 Apr 2024 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 22 Mar 2024 | Axis Bank Limited | ₹45 Cr | Open |
Total charge records: 22 View all charges
Deals & Funding of Honer Developers Private Limited
Honer Developers Private Limited has 5 deals on record (5 secondary share transfers); the latest was in March 2022.
Total deals
5
Secondary share transfers
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
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Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Honer Developers Private Limited
Honer Developers Private Limited has 13 court cases on record: 8 filed by Honer Developers, 5 where it is another party. 3 cases are pending and 10 are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Total cases
13
Filed by the company
8
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 0 | 3 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Assistant Commissioner (St) | Pending |
| High Court for State of Telangana | Appeal | Company is another party | Disposed |
| High Court for State of Telangana | Writ petition | Company is another party | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against Union of India | Disposed |
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Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Honer Developers Private Limited
Honer Developers Private Limited has a workforce of 62 employees as of Mar 29, 2024.
Employee count
62
Active EPFO establishments
1
Employee growth
-32.61%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Honer Developers Private Limited
Honer Developers Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Chakradhar Yalamanchi ceased to be Director on 10 Oct 2016.
AGM
Honer Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 3,800.00 Lakh with Charge ID 100965366 was registered on 01 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 449.00 Lakh with Charge ID 100933258 was registered on 02 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100929998 was registered on 29 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100926996 was registered on 20 Apr 2024.
Filing
Honer Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 4,500.00 Lakh with Charge ID 100891320 was registered on 22 Mar 2024.
Charges
A charge registered on 29 Apr 2022 via Charge ID 100583285 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 27 Mar 2021 via Charge ID 100454071 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 03 Apr 2019 via Charge ID 100264731 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 15 Nov 2017 via Charge ID 100146918 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 21 Feb 2023 via Charge ID 100685185 with Others was fully satisfied on 09 Jan 2024.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Honer Developers Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Honer Developers Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Honer Developers Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Honer Developers Private Limited
Honer Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECI0856M1ZA | Telangana | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Honer Developers Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Honer Developers Private Limited
Honer Developers is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 March 2016 (10+ years old) and is registered under CIN U70102TG2016PTC103890.
Honer Developers reported revenue of ₹240.54 Cr for FY 2023 (up 31% YoY).
Honer Developers has 4 current directors:
- Balachandrudu Memparala - Director
- Swapna Kumar Yenuga - Director
- Venkateswarlu Potti - Director
- Seerna Raja Mouli - Director
Honer Developers reported a net profit of ₹30.73 Cr (net margin 12.8%) and EBITDA of ₹56.53 Cr (EBITDA margin 23.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Honer Developers is 30% over three years. In the latest year (FY 2023) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Honer Developers is 36AAECI0856M1ZA, registered in Telangana.
The CIN (Corporate Identification Number) of Honer Developers is U70102TG2016PTC103890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honer Developers has 13 court cases on record: 8 filed by the company. 3 are pending. Most are in the high courts.
Honer Developers was incorporated on 15 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Honer Developers has 5 deals on record (5 secondary share transfers); the latest was in March 2022.
The peers of Honer Developers by revenue are Ahad Builders Private Limited, N.Rose Developers Private Limited, Fastidious Buildmart Private Limited, Pareena Infrastructures Private Limited, Divgi Holdings Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).