Kartik Properties Private Limited
About Kartik Properties Private Limited
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Kartik Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1986PTC040633. Its GSTIN is 27AACCK0025C1Z9 (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹2.35 Lakh. It is led by directors including Rahul Suresh Raheja and Ashish Suresh Raheja.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.7 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹29.76 Lakh (net margin 71.4%) and EBITDA of ₹40.02 Lakh (EBITDA margin 96%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 43% over five years.
As per MCA filings, the company has satisfied charges of ₹1,260.71 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kartik Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor Raheja Centre Point 294 Vidya Nagri Marg, C.S.T Road Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kartik Properties 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 Kartik Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Kartik Properties Private Limited
FY 2024 filings availableKartik Properties Private Limited reported revenue of ₹41.7 Lakh (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 21% fall in the latest year. EBITDA fell 20% 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 |
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| EBITDA | ₹40.02 Lakh | ||||
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| Net Profit (PAT) | ₹29.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96% | ||||
| Net Profit Margin | 71.4% | ||||
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To see the full financial statements and ratios of Kartik Properties Private Limited, buy the company report.
Board of directors of Kartik Properties Private Limited
Kartik Properties has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Suresh Raheja Also directs: Raheja Universal (Pvt) Limited, K Raheja Developers Pvt Ltd, Radha Krishna Properties Private Limited and 5 more | Director | 29 Aug 1992 | 34 Years 1 Months | Current |
| Ashish Suresh Raheja Also directs: Raheja Universal (Pvt) Limited, K Raheja Developers Pvt Ltd, Radha Krishna Properties Private Limited and 5 more | Director | 10 Apr 1996 | 30 Years 6 Months | Current |
| Suresh Lachmandas Raheja Also directs: Raheja Universal (Pvt) Limited, K Raheja Developers Pvt Ltd, Radha Krishna Properties Private Limited and 5 more | Director | 04 Mar 1996 | 30 Years 7 Months | Current |
| Chetan Balvantrai Valia Also directs: K Raheja Developers Pvt Ltd, Babylon Properties Private Limited, Regenesis Venture Private Limited and 5 more | Director | 29 Oct 2018 | 7 Years 11 Months | Current |
| Omprakash Bansilal Dhupar Also directs: K Raheja Developers Pvt Ltd, Babylon Properties Private Limited, Florentine Properties Private Limited and 5 more | Director | 29 Oct 2018 | 7 Years 11 Months | Current |
Peer comparison
Kartik Properties 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), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahadev Infra Venture Private Limited | ₹41.73 Lakh (FY 2025) | Udaipur, Rajasthan, India | ||||
| Risemetrix Consulting Private Limited | ₹41.72 Lakh (FY 2024) | -55.0% | New Delhi, Delhi, India | |||
| Kartik Properties Private Limitedthis company | ₹41.7 Lakh (FY 2025) | ₹29.76 Lakh | 71.4% | -21.0% | Mumbai, Maharashtra, India | |
| JDS Infradevelopers Private Limited | ₹41.69 Lakh (FY 2025) | -20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kartik Properties Private Limited, buy the company report.
Auditor
Kartik Properties Private Limited is audited by Dinesh Jain for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Jain | FY 2023 | 137535 |
Shareholding
The shareholding of Kartik Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kartik Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2016 | 10621212 | Housing Development Finance Corporation Limited | ₹12.56 Cr | Satisfied | |
| 09 Feb 2013 | 10407623 | Housing Development Finance Corporation Limited | ₹200 Cr | Satisfied | |
| 16 Aug 2010 | 10238856 | Housing Development Finance Corporation Limited | ₹31.5 Cr | Satisfied | |
| 14 May 2010 | 10223342 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied | |
| 30 Mar 2010 | 10222014 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied |
To see the full charge records of Kartik Properties Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
No court or tribunal cases involving Kartik Properties 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 Kartik Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kartik Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK0025C1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kartik Properties Private Limited, buy the company report.
Recent activity
Kartik Properties Private Limited has 7 board changes on record since 1986: 6 appointments and 1 cessation. The latest: Chetan Balvantrai Valia was appointed as Director on 29 Oct 2018.
54 earlier events are in the company report.
Frequently asked questions
Kartik Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 August 1986 (40+ years old) and is registered under CIN U45200MH1986PTC040633.
Kartik Properties has 5 current directors:
- Rahul Suresh Raheja - Director
- Ashish Suresh Raheja - Director
- Suresh Lachmandas Raheja - Director
- Chetan Balvantrai Valia - Director
- Omprakash Bansilal Dhupar - Director
The latest financial statements of Kartik Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kartik Properties is 27AACCK0025C1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kartik Properties is U45200MH1986PTC040633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartik Properties was incorporated on 14 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kartik Properties by revenue are Mahadev Infra Venture Private Limited, Risemetrix Consulting Private Limited, JDS Infradevelopers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities).
Chetan Balvantrai Valia was appointed as Director on 29 Oct 2018. Omprakash Bansilal Dhupar was appointed as Director on 29 Oct 2018. Meena Suresh Raheja ceased to be Director on 13 Jun 2013. Kartik Properties has 7 board changes on record in total.
The registered office of Kartik Properties is at 5th Floor Raheja Centre Point 294 Vidya Nagri Marg, C.S.T Road Kalina Santacruz E, Mumbai, Maharashtra, India – 400098.
Kartik Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Kartik Properties has no open charges and satisfied charges of ₹1,260.71 Cr as per latest MCA filings.