Makhija Developers Private Limited
About Makhija Developers Private Limited
Data last updated:
Makhija Developers 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 30 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC084189.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹99 Lakh. It is led by directors including Sushila Kanayalal Makhija and Dinesh Kanayalal Makhija.
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 B – 5 Ground Floor Arjun Centre Govandi (East), Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹36,110. For the same year it recorded a net profit of ₹26,720 (net margin 74%) and EBITDA of ₹36,110 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 82% over five years.
Court records list 7 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 5 Ground Floor Arjun Centre Govandi (East), Mumbai, Maharashtra, India – 400088
- 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
Financials of Makhija Developers Private Limited FY 2025 filings available
Makhija Developers Private Limited reported revenue of ₹36,110 for FY 2025.
Compounded Annual Growth Rate (CAGR) of Makhija Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. EBITDA rose 211% 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 Makhija Developers 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 | ₹36,110 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26,720 | •••• | •••• | •••• | •••• |
| 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 Makhija Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 74% | •••• | •••• | •••• | •••• |
| 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 Makhija Developers 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 Makhija Developers Private Limited
Makhija Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodlife Realtors Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sunhill Homes Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Anshul Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Green Mansion Private Limited | •••• | •••• | •••• | •••• | - | Dum Dum Park, West Bengal, India |
| Trupti Developers and Builders Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Makhija Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vaishnavi Building Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pushpkiran Builders Private Limited | •••• | •••• | •••• | •••• | - | Nayaganj, Uttar Pradesh, India |
| Indradhanu Textile Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Hicons Developers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Elect Devcon Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Makhija Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Makhija Developers Private Limited
Makhija Developers Private Limited is audited by RAJU MORE & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJU MORE & ASSOCIATES | 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 Makhija Developers Private Limited
Makhija Developers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushila Kanayalal Makhija | Director | 30 Dec 1994 | 31 Years 9 Months | Current |
| Dinesh Kanayalal Makhija | Director | 16 Mar 2007 | 19 Years 6 Months | Current |
| Kamal Kanayalal Makhija | Director | 30 Dec 1994 | 31 Years 9 Months | Current |
| Haresh Kanayalal Makhija | Director | 30 Dec 1994 | 31 Years 9 Months | Current |
| Sanjay Kanayalal Makhija Also directs: Aashna Builders LLP, Sanmit Infra Limited, Garrett Developers Private Limited and 1 more | Director | 30 Dec 1994 | 31 Years 9 Months | Current |
Ownership and Shareholding of Makhija Developers 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 Makhija Developers Private Limited
Makhija Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Makhija Developers Private Limited
Makhija Developers Private Limited has 7 court cases on record: 4 filed by Makhija Developers, 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAW) | Filed against the company by City and Industrial Development Corporation of Maharashtra Limited | Disposed |
| Bombay High Court | Court case (RPW) | Filed against the company by City and Industrial Development Corporation of Maharashtra Limited | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against City and Industrial Development Corporation of Maharashtra Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against City and Industrial Development Corporation of Maharashtra Limited | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.A.) | Company is another party | Disposed |
Full case history
All 7 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 Makhija Developers Private Limited
Employment history and EPFO contributions of people linked to Makhija Developers.
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 Makhija Developers Private Limited
Makhija Developers Private Limited has 7 board changes on record since 1994: 6 appointments and 1 cessation. The latest: Kanayalal Chandumal Makhija ceased to be Director on 19 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Makhija Developers 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 Makhija Developers 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 Makhija Developers 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 Makhija Developers Private Limited
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 Makhija Developers 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 Makhija Developers Private Limited
Makhija Developers 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 30 December 1994 (32+ years old) and is registered under CIN U45200MH1994PTC084189.
Makhija Developers reported revenue of ₹36,110 for FY 2025.
Makhija Developers has 5 current directors:
- Sushila Kanayalal Makhija - Director
- Dinesh Kanayalal Makhija - Director
- Kamal Kanayalal Makhija - Director
- Haresh Kanayalal Makhija - Director
- Sanjay Kanayalal Makhija - Director
Makhija Developers reported a net profit of ₹26,720 (net margin 74%) and EBITDA of ₹36,110 (EBITDA margin 100%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Makhija Developers is -95% over three years and -82% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Makhija Developers is U45200MH1994PTC084189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makhija Developers has 7 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Makhija Developers was incorporated on 30 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Makhija Developers by revenue are Goodlife Realtors Private Limited, Sunhill Homes Private Limited, Anshul Infrastructure Private Limited, Green Mansion Private Limited, Trupti Developers and Builders Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Kanayalal Chandumal Makhija ceased to be Director on 19 Jan 2018. Dinesh Kanayalal Makhija was appointed as Director on 16 Mar 2007. Haresh Kanayalal Makhija was appointed as Director on 30 Dec 1994. Makhija Developers has 7 board changes on record in total.
The registered office of Makhija Developers is at B – 5 Ground Floor Arjun Centre Govandi East, Mumbai, Maharashtra, India – 400088.