Makers Development Services Private Limited

Makers Development Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74140MH1978PTC020823 Incorporated 06 December 1978 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹16.26 Cr
▲ 1% YoY
Net profit · FY 2025
₹2.23 Cr
Net margin 13.7%
EBITDA · FY 2025
₹6.06 Cr
EBITDA margin 37.3%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹15.32 Cr
Issued & subscribed
Satisfied charges
₹36.9 Cr
No open charges
Company age
48 yrs
Est. 1978
Employees · EPFO
22
Provident fund records

About Makers Development Services Private Limited

Data last updated:

Makers Development Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 06 December 1978 and has been in existence for over 48 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1978PTC020823. Its GSTIN is 27AAACM8196J1ZY (Maharashtra).

The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.32 Cr. It was formerly known as Maker Recondo Contracting Pvt Ltd. It is led by directors including Manish Ranbir Maker and Nirmal Rajkumar Gupta.

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 Maker Tower F 1st Floor Cuffe Parade, Mumbai, Maharashtra, India – 400005.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.26 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 13.7%) and EBITDA of ₹6.06 Cr (EBITDA margin 37.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 13% over five years.

The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹36.9 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 makers.co.in.

Company Details of Makers Development Services Private Limited
CIN U74140MH1978PTC020823
Registration Number 020823
Incorporation Date 06 December 1978
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Maker Tower F 1st Floor Cuffe Parade, Mumbai, Maharashtra, India – 400005
  • Industry
    Financial Services, Real Estate Financing
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Financials, compliance, directors, charges, ownership and filings for Makers Development Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Makers Development Services Private Limited

The main business activity of Makers Development Services is real estate activities. In detail, this covers real estate activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LReal estate activities68Real estate activitiesLocked
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Auditor Details of Makers Development Services Private Limited

Makers Development Services Private Limited is audited by Basant Jain & Associates LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
Basant Jain & Associates LLPLockedLockedLocked
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Board of Directors and KMP of Makers Development Services Private Limited

Makers Development Services Private Limited currently reports 4 directors and 1 key managerial person. 8 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Manish Ranbir MakerDirector14 Dec 20232 Years 9 MonthsCurrent
Nirmal Rajkumar GuptaDirector29 Dec 197946 Years 9 MonthsCurrent
Vijay Shyamsundar ManiyarCompany Secretary15 Dec 20250 Years 9 MonthsCurrent
Puneet Rajkumar GuptaDirector31 May 199333 Years 4 MonthsCurrent
Ritu Ranbir MakerDirector22 Oct 198342 Years 11 MonthsCurrent

Financials of Makers Development Services Private Limited FY 2025 filings available

Makers Development Services Private Limited reported revenue of ₹16.26 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹16.26 Cr ▲ 1%
Net profit · FY 2025
₹2.23 Cr margin 13.7%
EBITDA · FY 2025
₹6.06 Cr margin 37.3%

Compounded Annual Growth Rate (CAGR) of Makers Development Services Private Limited

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 11%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 13%
5 years · compounded
▼ 17%

Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 68% 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 Makers Development Services Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.06 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.23 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 Makers Development Services Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin37.3%••••••••••••••••
Net Profit Margin13.7%••••••••••••••••
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 Makers Development Services are in the company report.

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Ownership and Shareholding of Makers Development Services Private Limited

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Group Structure of Makers Development Services Private Limited

Makers Development Services has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Radiant Premises Private LimitedU70100MH2006PTC159055Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Makers Development Services Private Limited

Open charges
None
Satisfied charges
₹36.9 Cr
Breakdown by lending institutions
Export Import Bank of India₹25.10 Cr
Bank of Baroda₹8.87 Cr
Others₹2.93 Cr
Kotak Mahindra Finance Ltd₹0.00 Cr
Latest charge details
DateLenderAmountStatus
26 Dec 2019Others₹1.37 CrSatisfied
25 Nov 2019Others₹79.84 LakhSatisfied
01 Mar 2018Others₹75.7 LakhSatisfied
28 Feb 2015Bank of Baroda₹32.82 LakhSatisfied
28 Aug 2014Bank of Baroda₹70 LakhSatisfied

Total charge records: 20 View all charges

Employees and EPFO Compliance at Makers Development Services Private Limited

Makers Development Services Private Limited has a workforce of 22 employees as of Mar 29, 2024.

Employee count
22
Active EPFO establishments
1
Employee growth
-4.35%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Makers Development Services Private Limited

Makers Development Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACM8196J1ZYMaharashtraActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Makers Development Services Private Limited

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MSME Payment Delays by Makers Development Services Private Limited

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Subsidiaries & Group Companies of Makers Development Services Private Limited

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MCA Filings & Documents of Makers Development Services Private Limited

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Recent Activity on Makers Development Services Private Limited

Directors
15 Dec 2025
Vijay Shyamsundar Maniyar was appointed as a Company Secretary on 15 Dec 2025 & has been associated with this company since 9 months 21 days.
Activity
30 Sep 2025
Makers Development Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Makers Development Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
27 Dec 2023
A charge registered on 26 Dec 2019 via Charge ID 100313019 with Others was fully satisfied on 27 Dec 2023.
Directors
14 Dec 2023
Manish Ranbir Maker was appointed as a Director on 14 Dec 2023 & has been associated with this company since 2 years 9 months.
Directors
06 Jun 2022
Monika Mrugank Shah was appointed as a Company Secretary on 06 Jun 2022 & has been associated with this company since 4 years 4 months.

Frequently Asked Questions about Makers Development Services Private Limited

Makers Development Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 06 December 1978 (48+ years old) and is registered under CIN U74140MH1978PTC020823.

Makers Development Services reported revenue of ₹16.26 Cr for FY 2025 (up 1% YoY).

Makers Development Services has 5 current directors and KMP:

Makers Development Services reported a net profit of ₹2.23 Cr (net margin 13.7%) and EBITDA of ₹6.06 Cr (EBITDA margin 37.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Makers Development Services is -11% over three years and -13% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Makers Development Services is 27AAACM8196J1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Makers Development Services is U74140MH1978PTC020823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Makers Development Services was incorporated on 06 December 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.

Makers Development Services can be reached through the website makers.co.in. Its registered office is in Mumbai, Maharashtra, India.

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