About Lyra Properties Private Limited
Data last updated:
Lyra Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Aishwarya Properties Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2008PTC066608. Its GSTIN is 33AACCN7121J1ZN (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Newry Homes Private Limited. It is led by directors including Sridharan Swaminathan and Vijayalakshmi.
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 Sabari No 9 Old No 78 Ah Block 5th Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹58.71 Lakh (net margin 7%) and EBITDA of ₹1 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 325% over three years and 87% over five years.
The company is associated with 1 brand: Newry Properties. As per MCA filings, the company has open charges of ₹8.3 Cr and satisfied charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lyraproperties.in.
Company details
Contact details
Lyra Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its website is lyraproperties.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSabari No 9 Old No 78 Ah Block 5th Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lyra 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
Brands
Lyra Properties operates one associated brand: Newry Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive services for residential and commercial real estate development. | newry.co.in |
Business activity
The main business activity of Lyra Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Lyra Properties Private Limited, buy the company report.
Financials of Lyra Properties Private Limited
FY 2024 filings availableLyra Properties Private Limited reported revenue of ₹8.34 Cr (up 9864% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.71 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Lyra Properties Private Limited, buy the company report.
Board of directors of Lyra Properties Private Limited
Lyra Properties has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridharan Swaminathan | Director | 26 Feb 2008 | 18 Years 7 Months | Current |
| Vijayalakshmi | Director | 02 Nov 2018 | 7 Years 11 Months | Current |
| Sanjeev Sridharan Also directs: Sabari Foundations and Construction (India) Private Limited, Ida Developers LLP, Subramanian Engineering Limited and 1 more | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Lyra Properties 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 |
|---|---|---|---|---|---|---|
| Bigtime Ventures Private Limited | ₹8.35 Cr (FY 2024) | 62.0% | Chariali, Assam, India | |||
| Raj Tech Developers and Builders Private Limited | ₹8.35 Cr (FY 2024) | -12.0% | Kanyakumari, Tamil Nadu, India | |||
| Kura Homes Private Limited | ₹8.34 Cr (FY 2024) | 5.0% | Telangana, India | |||
| Lyra Properties Private Limitedthis company | ₹8.34 Cr (FY 2024) | ₹58.71 Lakh | 7% | 9864.0% | Chennai, Tamil Nadu, India | |
| Spjanani Infraconprivate Limited | ₹8.34 Cr (FY 2025) | 78.0% | Mangalore, Karnataka, India |
To see the full peer comparison of Lyra Properties Private Limited, buy the company report.
Auditor
Lyra Properties Private Limited is audited by S.BASKARAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.BASKARAN & CO | FY 2022 | 026726 |
Shareholding
The shareholding of Lyra 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lyra Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2025 | 101186572 | State Bank of India | ₹4.5 Cr | Open | |
| 27 Jun 2024 | 100969888 | State Bank of India | ₹3.8 Cr | Open | |
| 14 Jun 2023 | 100741273 | State Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Lyra Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Lyra 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 Lyra Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lyra Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN7121J1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lyra Properties Private Limited, buy the company report.
Recent activity
Lyra Properties Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Sanjeev Sridharan ceased to be Additional Director on 29 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
Lyra Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 February 2008 (18+ years old) and is registered under CIN U70102TN2008PTC066608.
Lyra Properties has 3 current directors:
- Sridharan Swaminathan - Director
- Vijayalakshmi - Director
- Sanjeev Sridharan - Director
The latest financial statements of Lyra 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 Lyra Properties is 33AACCN7121J1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Lyra Properties is U70102TN2008PTC066608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyra Properties was incorporated on 26 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Lyra Properties by revenue are Bigtime Ventures Private Limited, Raj Tech Developers and Builders Private Limited, Kura Homes Private Limited, Spjanani Infraconprivate Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sanjeev Sridharan ceased to be Additional Director on 29 Sep 2023. Vijayalakshmi ceased to be Additional Director on 29 Sep 2023. Siddharth Sridharan ceased to be Additional Director on 19 Apr 2022. Lyra Properties has 10 board changes on record in total.
Lyra Properties can be reached through the website lyraproperties.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Lyra Properties is at Sabari No 9 Old No 78 Ah Block 5th Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Lyra Properties operates in the real estate and construction industry, in the real estate builders and developers segment.