About Kirti Infrastructures Limited
Data last updated:
Kirti Infrastructures Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1995PLC025636. Its GSTIN is 24AAACK8605L1ZG (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.84 Cr. It is led by directors including Vikrambhai Shah Ugarchand (Managing Director) and Nitishbhai Shah Ugarchand (Managing Director).
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 18 1st Floor The Emperor Fatehgunj Main Road Sadar Bazar Fatehgunj, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.91 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 3.5%) and EBITDA of ₹3.88 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 4% over five years.
The company has about 155 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.73 Cr and satisfied charges of ₹8 Lakh on record. Court records list 23 cases involving the company, including 19 filed by the company and 4 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 kisl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address18 1st Floor The Emperor Fatehgunj Main Road Sadar Bazar Fatehgunj, Vadodara, Gujarat, India – 390002
- 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 Kirti Infrastructures Limited
The main business activity of Kirti Infrastructures is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Kirti Infrastructures Limited FY 2025 filings available
Kirti Infrastructures Limited reported revenue of ₹51.91 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kirti Infrastructures Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 5% 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 Kirti Infrastructures 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 | ₹3.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| 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 Kirti Infrastructures Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Kirti Infrastructures 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.
Board of Directors of Kirti Infrastructures Limited
Kirti Infrastructures has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrambhai Shah Ugarchand | Managing Director | 27 Apr 1995 | 31 Years 5 Months | Current |
| Kushan Shah Nitishbhai | Whole-Time Director | 01 Feb 2009 | 17 Years 8 Months | Current |
| Paren Shah Vikrambhai | Whole-Time Director | 01 Jul 2006 | 20 Years 3 Months | Current |
| Nitishbhai Shah Ugarchand | Managing Director | 27 Apr 1995 | 31 Years 5 Months | Current |
| Anilbhai Ugarchand Shah | Manager | 01 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Kirti Infrastructures Limited
Kirti Infrastructures 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 |
|---|---|---|---|---|---|---|
| Transcon Iconica Private Limited | ₹52.07 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| R.V.Nirmaan Private Limited | ₹52.03 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
| Raichandani Constructions Private Limited | ₹51.97 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | Hyderabad, Telangana, India |
| Technobuild Developers Private Limited | ₹51.93 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Bangalore, Karnataka, India |
| Mahidhara Projects Private Limited | ₹51.92 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Kirti Infrastructures Limited this company | ₹51.91 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Vadodara, Gujarat, India |
| Entrepreneurs (Calcutta)Pvt Ltd | ₹51.88 Cr (FY 2024) | •••• | •••• | 5179.0% | •••• | Hastings, West Bengal, India |
| HNS Contractors Developers India Private Limited | ₹51.83 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Gwalior, Madhya Pradesh, India |
| Boyance Infrastructure Private Limited | ₹51.71 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Excel Interiors Private Limited | ₹51.67 Cr (FY 2025) | •••• | •••• | 558.0% | •••• | Hyderabad, Telangana, India |
| Sa Developers Private Limited | ₹51.66 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kirti Infrastructures 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 Kirti Infrastructures Limited
Kirti Infrastructures Limited is audited by AMBALAL M SHAH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMBALAL M SHAH & CO | 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.
Ownership and Shareholding of Kirti Infrastructures 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 Kirti Infrastructures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Canara Bank | ₹9 Lakh | Open |
| 01 May 2023 | Hdfc Bank Limited | ₹9 Lakh | Open |
| 09 Mar 2022 | Others | ₹95 Lakh | Open |
| 20 Mar 2020 | Axis Bank Limited | ₹36 Lakh | Open |
| 31 Aug 2019 | Others | ₹1.08 Cr | Open |
Total charge records: 24 View all charges
Legal Cases of Kirti Infrastructures Limited
Kirti Infrastructures Limited has 23 court cases on record: 19 filed by Kirti Infrastructures, 4 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 4 | 5 |
| High courts | 7 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Commercial matter | Filed by the company against Gujarat Narmada Valley Fertilizers and Chemicals Ltd | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Gujarat Narmada Valley Fertilizers and Chemicals Ltd. Through General Manager- Project | Disposed |
| District court, Bharuch, Gujarat | Court case (CMA DC) | Filed by the company against Gujarat Narmada Valley Fertilizers and Chemicals Ltd Through General Manager | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Filed against the company by Amal Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Pending |
Full case history
All 23 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 Kirti Infrastructures Limited
Kirti Infrastructures Limited has a workforce of 155 employees as of Apr 01, 2024.
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 Kirti Infrastructures Limited
Kirti Infrastructures Limited has 10 board changes on record since 1995: 5 appointments and 5 cessations. The latest: Anilbhai Ugarchand Shah was appointed as Manager on 01 Apr 2012.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kirti Infrastructures 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 Kirti Infrastructures 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 Kirti Infrastructures 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 Kirti Infrastructures Limited
Kirti Infrastructures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACK8605L1ZG | Gujarat | 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 Kirti Infrastructures 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 Kirti Infrastructures Limited
Kirti Infrastructures is an active public limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 April 1995 (31+ years old) and is registered under CIN U45201GJ1995PLC025636.
Kirti Infrastructures reported revenue of ₹51.91 Cr for FY 2025 (down 2% YoY).
Kirti Infrastructures has 5 current directors:
- Vikrambhai Shah Ugarchand - Managing Director
- Nitishbhai Shah Ugarchand - Managing Director
- Kushan Shah Nitishbhai - Whole-Time Director
- Paren Shah Vikrambhai - Whole-Time Director
- Anilbhai Ugarchand Shah - Manager
Kirti Infrastructures reported a net profit of ₹1.8 Cr (net margin 3.5%) and EBITDA of ₹3.88 Cr (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kirti Infrastructures is 26% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kirti Infrastructures is 24AAACK8605L1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Kirti Infrastructures is U45201GJ1995PLC025636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kirti Infrastructures has 23 court cases on record: 19 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Kirti Infrastructures was incorporated on 27 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kirti Infrastructures by revenue are Transcon Iconica Private Limited, R.V.Nirmaan Private Limited, Raichandani Constructions Private Limited, Technobuild Developers Private Limited, Mahidhara Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Anilbhai Ugarchand Shah was appointed as Manager on 01 Apr 2012. Anilbhai Ugarchand Shah ceased to be Whole-Time Director on 01 Apr 2012. Kirtibhai Ugarchand Shah ceased to be Managing Director on 01 Apr 2012. Kirti Infrastructures has 10 board changes on record in total.