About Khusharav Builders Private Limited
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Khusharav Builders 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 22 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2011PTC215120. Its GSTIN is 27AACCE7153R1Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Etco Builders Private Limited. It is led by directors Vijay Shantilal Mehta and Shashi Paul Lakhwara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 2nd Flr Pinnacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.04 Lakh (net margin 0.7%) and EBITDA of ₹32.53 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
Court records list 35 cases involving the company, including 15 filed by the company and 12 filed against it; 25 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 etco.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS – 13 & S – 14 2nd Flr Pinnacle Business Park Shanti Nagar MIDC Mahakali Caves Road Andher, I(E), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Khusharav Builders Private Limited
The main business activity of Khusharav Builders is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Khusharav Builders Private Limited FY 2025 filings available
Khusharav Builders Private Limited reported revenue of ₹21.61 Cr (up 488% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Khusharav Builders Private Limited
Revenue rose 488% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 143% 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 of Khusharav Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.04 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Khusharav Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Khusharav Builders are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Khusharav Builders Private Limited
Khusharav Builders Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divine Housing Development Company Private Limited | ₹21.65 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gwalior, Madhya Pradesh, India |
| Pandora Projects Private Limited | ₹21.64 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Mumbai, Maharashtra, India |
| Moonbay Trade Private Limited | ₹21.63 Cr (FY 2020) | •••• | •••• | 24.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Jurojin Developers Private Limited | ₹21.63 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Consistent Infra and Power Private Limited | ₹21.62 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mapusa, Goa, India |
| Khusharav Builders Private Limited this company | ₹21.61 Cr (FY 2025) | •••• | •••• | 488.0% | •••• | Mumbai, Maharashtra, India |
| Vidarbha Projects Private Limited | ₹21.61 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Chandrapur, Maharashtra, India |
| SBC India Limited | ₹21.6 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| MLR Infrastructure Private Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Secunderabad, Telangana, India |
| Sylvanus Builders and Developers Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Ahmedabad, Gujarat, India |
| Unity Aurum Construction Private Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Khusharav Builders by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Khusharav Builders Private Limited
Khusharav Builders Private Limited is audited by Laddha & Laddha for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Laddha & Laddha | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Khusharav Builders Private Limited
Khusharav Builders has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Shantilal Mehta Also directs: Refinement Fabrics Private Limited, Abhar Properties Private Limited, Sai Etco Developers and Realty Private Limited and 1 more | Director | 25 Feb 2022 | 4 Years 7 Months | Current |
| Shashi Paul Lakhwara | Director | 25 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Khusharav Builders Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Khusharav Builders Private Limited
Khusharav Builders Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Khusharav Builders Private Limited
Khusharav Builders Private Limited has 35 court cases on record: 15 filed by Khusharav Builders, 12 filed against it, 8 where it is another party. 25 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 12 | 16 |
| District courts | 11 | 0 | 9 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
Full case history
All 35 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Khusharav Builders Private Limited
Employment history and EPFO contributions of people linked to Khusharav Builders.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Khusharav Builders Private Limited
Khusharav Builders Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Amresh Kumar Mishra ceased to be Director on 28 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Khusharav Builders Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Khusharav Builders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Khusharav Builders Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Khusharav Builders Private Limited
Khusharav Builders has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE7153R1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Khusharav Builders Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Khusharav Builders Private Limited
Khusharav Builders 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 22 March 2011 (15+ years old) and is registered under CIN U45202MH2011PTC215120.
Khusharav Builders reported revenue of ₹21.61 Cr for FY 2025 (up 488% YoY).
Khusharav Builders has 2 current directors:
- Vijay Shantilal Mehta - Director
- Shashi Paul Lakhwara - Director
Khusharav Builders reported a net profit of ₹15.04 Lakh (net margin 0.7%) and EBITDA of ₹32.53 Lakh (EBITDA margin 1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Khusharav Builders is 12% over three years and -20% over five years. In the latest year (FY 2025) revenue rose 488%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Khusharav Builders is 27AACCE7153R1Z1, 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 Khusharav Builders is U45202MH2011PTC215120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khusharav Builders has 35 court cases on record: 15 filed by the company and 12 filed against it. 25 are pending. Most are in the high courts.
Khusharav Builders was incorporated on 22 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Khusharav Builders by revenue are Divine Housing Development Company Private Limited, Pandora Projects Private Limited, Moonbay Trade Private Limited, Jurojin Developers Private Limited, Consistent Infra and Power Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Amresh Kumar Mishra ceased to be Director on 28 Feb 2022. Ashish Indravadan Shukla ceased to be Director on 28 Feb 2022. Shashi Paul Lakhwara was appointed as Director on 25 Feb 2022. Khusharav Builders has 9 board changes on record in total.