Jagath Enterprises Private Limited
About Jagath Enterprises Private Limited
Data last updated:
Jagath Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U92490TN1988PTC015455.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagathrakshakan Swamikannu and Sundeep Anand Jegathrakshagan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.29 Thilak Street T.Nagarmadras 600017 Madras 600017, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2022, the company reported a revenue of ₹33.05 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹23.68 Lakh (net margin 71.6%) and EBITDA of ₹29.8 Lakh (EBITDA margin 90.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹47.09 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jagath Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.29 Thilak Street T.Nagarmadras 600017 Madras 600017, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Jagath Enterprises 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
Business activity
The main business activity of Jagath Enterprises is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Jagath Enterprises Private Limited, buy the company report.
Financials of Jagath Enterprises Private Limited
FY 2022 filings availableJagath Enterprises Private Limited reported revenue of ₹33.05 Lakh (up 116% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 116% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 230% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.05 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.68 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.2% | ||||
| Net Profit Margin | 71.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jagath Enterprises Private Limited, buy the company report.
Board of directors of Jagath Enterprises Private Limited
Jagath Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagathrakshakan Swamikannu Also directs: The Chrome Leather Company Limited, Accord Lifespec Private Limited, Accord Distillers & Brewers Private Limited and 5 more | Director | 15 Dec 2020 | 5 Years 11 Months | Current |
| Sundeep Anand Jegathrakshagan Also directs: The Chrome Leather Company Limited, Accord Distillers & Brewers Private Limited, Teyro Labs Private Limited and 5 more | Director | 09 Mar 1988 | 38 Years 8 Months | Current |
Auditor
Jagath Enterprises Private Limited is audited by VGS Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VGS Associates | FY 2022 | 029099 |
Shareholding
The shareholding of Jagath Enterprises 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jagath Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2022 | 100571839 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 27 Jun 1998 | 90303712 | Central Bank of India | ₹3.5 Cr | Open | |
| 21 May 1998 | 90303706 | Central Bank of India | ₹3.5 Cr | Open | |
| 14 Jun 1991 | 90303566 | Central Bank of India | ₹8.5 Lakh | Open | |
| 29 Nov 2004 | 90303818 | The South Indian Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Jagath Enterprises Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Jagath Enterprises Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (TCMP) | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commissioner of Income Tax I | Disposed |
| Madras High Court | Civil suit | Filed against the company | Disposed |
To see the full case history of Jagath Enterprises 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 Jagath Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Jagath Enterprises Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jagath Enterprises Private Limited has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Jagathrakshakan Swamikannu ceased to be Additional Director on 31 Dec 2020.
4 earlier events are in the company report.
Frequently asked questions
Jagath Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 March 1988 (38+ years old) and is registered under CIN U92490TN1988PTC015455.
Jagath Enterprises has 2 current directors:
- Jagathrakshakan Swamikannu - Director
- Sundeep Anand Jegathrakshagan - Director
The latest financial statements of Jagath Enterprises on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jagath Enterprises is U92490TN1988PTC015455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagath Enterprises has 7 court cases on record: 7 filed against it.
Jagath Enterprises was incorporated on 09 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chennai.
Jagathrakshakan Swamikannu ceased to be Additional Director on 31 Dec 2020. Anusuya Jagathrakshakan ceased to be Director on 15 Dec 2020. Jagathrakshakan Swamikannu was appointed as Director on 15 Dec 2020. Jagath Enterprises has 4 board changes on record in total.
The registered office of Jagath Enterprises is at No.29 Thilak Street T.Nagarmadras 600017 Madras 600017, Chennai, Tamil Nadu, India – 600017.
Jagath Enterprises operates in the real estate and construction industry, in the real estate builders and developers segment.
Jagath Enterprises has open charges of ₹47.09 Cr and satisfied charges of ₹5.5 Cr as per latest MCA filings.
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