Kanhai Procon Private Limited
About Kanhai Procon Private Limited
Data last updated:
Kanhai Procon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2011PTC064133. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Paresh Bhavsar and Kalpesh Kantipuri Goswami.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹75.59 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹44.29 Lakh (net margin -58.6%) and EBITDA of -₹34.23 Lakh (EBITDA margin -45.3%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 32% over five years.
As per MCA filings, the company has satisfied charges of ₹10.2 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kanhai Procon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Third Floor Rudra Path Nr Rajpath Club Opp. Pakwan Restaurant S.G. Highway Bo, Dakdev, Ahmedabad, Gujarat, India – 380054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kanhai Procon 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 Kanhai Procon is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kanhai Procon Private Limited, buy the company report.
Financials of Kanhai Procon Private Limited
FY 2020 filings availableKanhai Procon Private Limited reported revenue of ₹75.59 Lakh (down 88% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 88% fall in the latest year. EBITDA fell 161% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.59 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹34.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.3% | ||||
| Net Profit Margin | -58.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Kanhai Procon Private Limited, buy the company report.
Board of directors of Kanhai Procon Private Limited
Kanhai Procon 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 |
|---|---|---|---|---|
| Paresh Bhavsar | Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Kalpesh Kantipuri Goswami Also directs: Earthedge Infra Space LLP, Kanhai Infrastructure Private Limited | Director | 21 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Kanhai Procon Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A4as Infra Private Limited | ₹75.6 Lakh (FY 2021) | Mainpuri, Uttar Pradesh, India | ||||
| Kanhai Procon Private Limitedthis company | ₹75.59 Lakh (FY 2020) | -₹44.29 Lakh | -58.6% | -88.0% | Ahmedabad, Gujarat, India | |
| Naman Navya Associates Private Limited | ₹75.58 Lakh (FY 2025) | -71.0% | Deoghar, Jharkhand, India | |||
| Savyasachi Buildhome Private Limited | ₹75.56 Lakh (FY 2025) | -7.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Kanhai Procon Private Limited, buy the company report.
Auditor
Kanhai Procon Private Limited is audited by A S SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S SHAH & CO | FY 2020 | 133793W |
Shareholding
The shareholding of Kanhai Procon Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kanhai Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100060021 | Others | ₹10.2 Cr | Satisfied |
To see the full charge records of Kanhai Procon Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kanhai Procon Private Limited has 4 court cases on record: 3 filed by Kanhai Procon, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ahmedabad Municipal Corporation and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against The State of Gujarat | Disposed |
To see the full case history of Kanhai Procon 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 Kanhai Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanhai Procon has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kanhai Procon Private Limited, buy the company report.
Recent activity
Kanhai Procon Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Paresh Bhavsar ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Kanhai Procon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 February 2011 (15+ years old) and is registered under CIN U45200GJ2011PTC064133.
Kanhai Procon has 2 current directors:
- Paresh Bhavsar - Director
- Kalpesh Kantipuri Goswami - Director
The latest financial statements of Kanhai Procon on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Kanhai Procon has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kanhai Procon is U45200GJ2011PTC064133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanhai Procon has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Kanhai Procon was incorporated on 21 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kanhai Procon by revenue are A4as Infra Private Limited, Naman Navya Associates Private Limited, Savyasachi Buildhome Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Paresh Bhavsar ceased to be Additional Director on 31 Dec 2020. Gunvantbhai Parsottambhai Chotalia ceased to be Director on 06 Aug 2020. Paresh Bhavsar was appointed as Director on 24 Jul 2020. Kanhai Procon has 4 board changes on record in total.
The registered office of Kanhai Procon is at 401 Third Floor Rudra Path Nr Rajpath Club Opp. Pakwan Restaurant S.G. Highway Bo, Dakdev, Ahmedabad, Gujarat, India – 380054.
Kanhai Procon operates in the real estate and construction industry, in the real estate builders and developers segment.