- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0144212

Key Land Developers Private Limited
About Key Land Developers Private Limited
Data last updated:
Key Land Developers Private Limited is a private limited company based in Borivlai East, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 26 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC174495. Its GSTIN is 27AADCK1746M2Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Bhavesh Virjibhai Parmar (Managing Director) and Dilip Govindbhai Chitroda.
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 Borivlai East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹75,983, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Lakh (net margin -203.8%) and EBITDA of -₹1.2 Lakh (EBITDA margin -158.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
Key Land Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0144212). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Key Land Developers
Contact details
Key Land Developers Private Limited's registered office is in Borivlai East, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address904 B Wing East 9th Floor The Western Edge II Premises Co – Operative, Society Ltd Off Western Express Highway Borivali East, Borivlai East, Maharashtra, India – 400066
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Key Land Developers 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
Financials of Key Land Developers Private Limited
FY 2024 filings availableKey Land Developers Private Limited reported revenue of ₹75,983 (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 4% growth in the latest year. EBITDA fell 394% 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 | -₹1.2 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -158.2% | ||||
| Net Profit Margin | -203.8% | ||||
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To see the full financial statements and ratios of Key Land Developers Private Limited, buy the company report.
Board of directors of Key Land Developers Private Limited
Key Land Developers has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Govindbhai Chitroda Also directs: Apex Steeltech LLP | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
| Niraj Vinod Patel Also directs: Vedik Builders LLP, Techvista LLP, Geo Profiles and Engineering Services P Ltd and 1 more | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
| Shriniwas Bhaskar Reddy | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
| Lalitkumar Babubhai Kava Also directs: Darshil Fabmet Private Limited | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
| Bhavesh Virjibhai Parmar Also directs: Devashya Retail Fashion LLP, Satbhav Charitable Foundation | Managing Director | 19 Aug 2014 | 12 Years 2 Months | Current |
| Jitesh Virjibhai Parmar | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Key Land Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Threearc Property Developers Private Limited | ₹76,000 (FY 2025) | -4.0% | Tirur, Kerala, India | |||
| Tall Infra Projects Private Limited | ₹76,000 (FY 2025) | -81.0% | New Delhi, Delhi, India | |||
| Key Land Developers Private Limitedthis company | ₹75,983 (FY 2025) | -₹1.55 Lakh | -203.8% | 4.0% | Borivlai East, Maharashtra, India | |
| Wily Developers Private Limited | ₹75,870 (FY 2025) | 135382.0% | Kolkata, West Bengal, India | |||
| Anil Shilpayatan Pvt Ltd | ₹75,840 (FY 2025) | -80.0% | Kalyan East, Maharashtra, India |
To see the full peer comparison of Key Land Developers Private Limited, buy the company report.
Auditor
Key Land Developers Private Limited is audited by KARIA & KARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARIA & KARIA | FY 2023 | 104834W |
Shareholding
The shareholding of Key Land Developers Private Limited is on record for 5 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Key Land Developers Private Limited, buy the company report.
Legal cases
Key Land Developers Private Limited has 6 court cases on record: 1 filed by Key Land Developers, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed against the company | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Pande Mishra and Company and Anr and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (M Appeal) | Filed against the company | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (E Appeal) | Filed against the company | Disposed |
To see the full case history of Key Land Developers 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 Key Land Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Key Land Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK1746M2Z8 | Maharashtra | Active | 19 Jun 2023 |
To see the full GST registrations and return filing status of Key Land Developers Private Limited, buy the company report.
Recent activity
Key Land Developers Private Limited has 19 board changes on record since 2014: 6 appointments and 13 cessations. The latest: Chandresh Velji Velani ceased to be Additional Director on 29 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Key Land Developers is an active private limited company based in Borivlai East, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 26 September 2007 (19+ years old) and is registered under CIN U70102MH2007PTC174495.
Key Land Developers has 6 current directors:
- Bhavesh Virjibhai Parmar - Managing Director
- Dilip Govindbhai Chitroda - Director
- Niraj Vinod Patel - Director
- Shriniwas Bhaskar Reddy - Director
- Lalitkumar Babubhai Kava - Director
- Jitesh Virjibhai Parmar - Director
The latest financial statements of Key Land Developers 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 Key Land Developers is 27AADCK1746M2Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Key Land Developers is U70102MH2007PTC174495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Key Land Developers has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Key Land Developers was incorporated on 26 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Key Land Developers by revenue are Threearc Property Developers Private Limited, Tall Infra Projects Private Limited, Wily Developers Private Limited, Anil Shilpayatan Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Chandresh Velji Velani ceased to be Additional Director on 29 Sep 2022. Niraj Vinod Patel ceased to be Additional Director on 29 Sep 2022. Shriniwas Bhaskar Reddy ceased to be Additional Director on 29 Sep 2022. Key Land Developers has 19 board changes on record in total.
Yes, Key Land Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0144212).
The registered office of Key Land Developers is at 904 B Wing East 9th Floor The Western Edge II Premises Co – Operative, Society Ltd Off Western Express Highway Borivali East, Borivlai East, Maharashtra, India – 400066.

