About Kandla Projects Private Limited
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Kandla Projects Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2009PTC056824. Its GSTIN is 24AADCK6858J2Z5 (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.84 Cr. It was formerly known as Kandla Earthmovers Private Limited. It is led by directors Mitul Sanjay Goyal and Sanjay Omprakash Goyal.
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 B. B .Z. N – 47 Ward – 12 A Near Zanda Chowk, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2022, the company reported a revenue of ₹29.2 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -4.6%) and EBITDA of -₹56.85 Lakh (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 95% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.71 Cr on record. Court records list 58 cases involving the company, including 9 filed by the company and 49 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kandlaprojects.com.
Company details
Contact details
Kandla Projects Private Limited's registered office is in Gandhidham, Gujarat. Its website is kandlaprojects.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB. B .Z. N – 47 Ward – 12 A Near Zanda Chowk, Gandhidham, Gujarat, India – 370201
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Kandla Projects 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 Kandla Projects 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 Kandla Projects Private Limited, buy the company report.
Financials of Kandla Projects Private Limited
FY 2022 filings availableKandla Projects Private Limited reported revenue of ₹29.2 Cr (up 21% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 21% growth in the latest year. EBITDA fell 504% 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 |
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| EBITDA | -₹56.85 Lakh | ||||
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| Net Profit (PAT) | -₹1.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -1.9% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Kandla Projects Private Limited, buy the company report.
Board of directors of Kandla Projects Private Limited
Kandla Projects 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 |
|---|---|---|---|---|
| Mitul Sanjay Goyal Also directs: Kandla Buildcon LLP | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Sanjay Omprakash Goyal | Director | 05 May 2009 | 17 Years 6 Months | Current |
Peer comparison
Kandla Projects Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Waris Buildcon India Private Limited | ₹29.26 Cr (FY 2024) | -14.0% | Chatra, Jharkhand, India | |||
| Kasturi Projects Private Limited | ₹29.2 Cr (FY 2025) | -27.0% | Thane, Maharashtra, India | |||
| Kandla Projects Private Limitedthis company | ₹29.2 Cr (FY 2022) | -₹1.34 Cr | -4.6% | 21.0% | 74 | Gandhidham, Gujarat, India |
| Nimatya Build Con Private Limited | ₹29.16 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kandla Projects Private Limited, buy the company report.
Auditor
Kandla Projects Private Limited is audited by LAHOTI & LAHOTI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAHOTI & LAHOTI | FY 2021 | 112076W |
Shareholding
The shareholding of Kandla Projects Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kandla Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2013 | 10411297 | Small Industries Development Bank of India | ₹1.88 Cr | Open | |
| 29 Feb 2012 | 10343616 | Reliance Capital Ltd | ₹60.8 Lakh | Open | |
| 25 Oct 2011 | 10317000 | Bajaj Finance Limited | ₹51 Lakh | Open | |
| 10 Oct 2011 | 10316032 | Hdfc Bank Limited | ₹15.5 Lakh | Open | |
| 10 Oct 2011 | 10316037 | Hdfc Bank Limited | ₹18.95 Lakh | Open |
To see the full charge records of Kandla Projects Private Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Kandla Projects Private Limited has 58 court cases on record: 9 filed by Kandla Projects, 49 filed against it. 6 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 47 | 5 |
| High courts | 10 | 2 | 1 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JHARKHAND | Writ petition | Filed by the company against Bharat Coking Coal Limited Through Its Chairman Cum Managing Director and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| High Court, JHARKHAND | Court case (Cont.(Cvl)) | Filed by the company against Central Coalfields Ltd Through Its Chairman Cum Managing Director Mr P M Prasad and 6 others | Disposed |
| High Court, JHARKHAND | Writ petition | Filed by the company against The Chairman Cum Managing Director Central Coalfields Ltd and 5 others | Disposed |
| High Court | Court case (Cont.(Cvl)) | Filed by the company against Bharat Coking Coal Limited Through Its Chairman Cum Managing Director Namely Mr P M Prasad and 3 others | Disposed |
To see the full case history of Kandla 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 Kandla Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kandla Projects Private Limited has a workforce of 74 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Kandla Projects has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK6858J2Z5 | Gujarat | Active | 01 Jul 2017 |
| 27AADCK6858J1Z0 | Maharashtra | Active | 19 Jan 2019 |
To see the full GST registrations and return filing status of Kandla Projects Private Limited, buy the company report.
Recent activity
Kandla Projects Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Mitul Sanjay Goyal was appointed as Director on 25 Nov 2020.
25 earlier events are in the company report.
Frequently asked questions
Kandla Projects is an active private limited company based in Gandhidham, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 May 2009 (17+ years old) and is registered under CIN U29100GJ2009PTC056824.
Kandla Projects has 2 current directors:
- Mitul Sanjay Goyal - Director
- Sanjay Omprakash Goyal - Director
The latest financial statements of Kandla Projects 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 GSTIN of Kandla Projects is 24AADCK6858J2Z5, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AADCK6858J1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Kandla Projects is U29100GJ2009PTC056824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandla Projects has 58 court cases on record: 9 filed by the company and 49 filed against it. 6 are pending. Most are in the district courts.
Kandla Projects was incorporated on 05 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kandla Projects by revenue are Waris Buildcon India Private Limited, Kasturi Projects Private Limited, Nimatya Build Con Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Mitul Sanjay Goyal was appointed as Director on 25 Nov 2020. Rajkumar Nandlal Gupta ceased to be Director on 10 Dec 2012. Anju Sanjay Goyal ceased to be Additional Director on 01 Dec 2012. Kandla Projects has 4 board changes on record in total.
Kandla Projects can be reached through the website kandlaprojects.com. Its registered office is in Gandhidham, Gujarat, India.
The registered office of Kandla Projects is at B. B .Z. N – 47 Ward – 12 A Near Zanda Chowk, Gandhidham, Gujarat, India – 370201.
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