- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-08-0002091

About Malabar Developers Private Limited
Data last updated:
Malabar Developers Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 December 1995 and has been in existence for over 31 years.
Its director Mayankutty C is #458 among India's richest people (2026). Its director Veerankutty K P is #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70101KL1995PTC009762. Its GSTIN is 32AACCM2695N1Z5 (Kerala).
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹3.12 Cr. It was formerly known as Malabar Realtors Private Limited. It is led by directors including Abdul Salam Kandampath and Mayan Kutty Cholakkal.
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 16/501 O Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.88 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹9.45 Cr (net margin -5.1%) and EBITDA of ₹84.33 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 40% over five years.
The company has about 54 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.
As per MCA filings, the company has open charges of ₹1,125.78 Cr and satisfied charges of ₹26.78 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 4 cases are pending. The company has 11 deals on record (8 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹95.36 Cr; the latest was in March 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
Malabar Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0002091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malabardevelopers.com.
Company details
Recognitions & Rankings of Malabar Developers
- #458 Mayankutty C ₹7,700 Cr
- #641 Veerankutty K P ₹5,000 Cr
Contact details
Malabar Developers Private Limited's registered office is in Kozhikode, Kerala. Its website is malabardevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address16/501 O Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Malabar Developers 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
Business activity
The main business activity of Malabar Developers 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 Malabar Developers Private Limited, buy the company report.
Financials of Malabar Developers Private Limited
FY 2024 filings availableMalabar Developers Private Limited reported revenue of ₹185.88 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 11% growth in the latest year. EBITDA fell 95% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹84.33 Lakh | ||||
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| Net Profit (PAT) | -₹9.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -5.1% | ||||
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To see the full financial statements and ratios of Malabar Developers Private Limited, buy the company report.
Board of directors of Malabar Developers Private Limited
Malabar Developers has 9 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Malabar Developers Private Limited is audited by P.A.HAMEED AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.A.HAMEED AND ASSOCIATES | FY 2023 | 005527S |
Shareholding
The shareholding of Malabar Developers 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 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malabar Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2018 | 100209666 | Sbicap Trustee Company Limited | ₹380 Cr | Open | |
| 24 Feb 2016 | 10628275 | Hdfc Bank Limited | ₹175.8 Cr | Open | |
| 07 Oct 2015 | 10600231 | Kotak Mahindra Prime Limited | ₹6.27 Lakh | Open | |
| 14 Jul 2014 | 10562997 | Icici Bank Limited | ₹92 Lakh | Open | |
| 11 Oct 2013 | 10461828 | Hdfc Bank Limited | ₹569 Cr | Open |
To see the full charge records of Malabar Developers Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Malabar Developers Private Limited has 11 deals on record (8 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹95.36 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Malabar Gold Private Limited & Ahammed M P, Malabar Gold and Diamonds Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Malabar Gold and Diamonds Limited Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Malabar Gold and Diamonds Limited Seller: 4 individuals |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: Malabar Gold and Diamonds Limited Seller: 4 individuals |
| Oct 2008 | Funding round | ₹3.11 Cr | Investors: 4 individuals |
To see the full deal history of Malabar Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Malabar Developers Private Limited has 7 court cases on record: 6 filed by Malabar Developers, 1 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 4 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Pending |
| High Court, Kerala | Writ petition | Filed by the company against Union of India and 5 others | Pending |
| High Court | Writ petition | Filed by the company against State of Kerala, and 7 others | Disposed |
| District court, Kozhikode, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Malabar Developers Private Limited, buy the company report.
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.
MSME payment delays
Malabar Developers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Malabar Equipments and General Traders Private Limited |
To see the full MSME payment records of Malabar Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Malabar Developers has 8 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Malabar Builders India Private Limited | U45201KL2005PTC017850 | |
| Malabar Highview Builders Private Limited | U45201KL2006PTC019766 | |
| Malabar Shoppers Centre Private Limited | U45209KL2006PTC020133 | |
| Malabar Mountain Infra Developers Private Limited | U70102KL2007PTC021075 | |
| Skymount Infrastructure Development Private Limited | U70102KL2007PTC021618 | |
| Whitemount Property Developers Private Limited | U70102KL2007PTC021619 |
To see the full group structure of Malabar Developers Private Limited, buy the company report.
Employees & EPFO
Malabar Developers Private Limited has a workforce of 54 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Malabar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCM2695N1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malabar Developers Private Limited, buy the company report.
Recent activity
Malabar Developers Private Limited has 24 board changes on record since 1995: 9 appointments and 15 cessations. The latest: Madathum Parambath Ahammad ceased to be Managing Director on 28 Mar 2025.
36 earlier events are in the company report.
Frequently asked questions
Malabar Developers is an active private limited company based in Kozhikode, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 December 1995 (31+ years old) and is registered under CIN U70101KL1995PTC009762.
Malabar Developers has 9 current directors:
- Abdul Salam Kandampath - Director
- Mayan Kutty Cholakkal - Director
- Abdul Majeed Mozhangal - Director
- Madathum Parambath Ahammad - Director
- Shamlal Madathum Parambath - Director
- Asher Ottamoochikkal - Director
- Kandambath Puthiyapath Veerankutty - Director
- Kappanjabbarkunhahamed Mohamed Nadeem - Director
- Abdul Yashir Adi Raja - Director
The latest financial statements of Malabar Developers 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 Malabar Developers is 32AACCM2695N1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Malabar Developers is U70101KL1995PTC009762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malabar Developers has 7 court cases on record: 6 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Malabar Developers was incorporated on 11 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ernakulam.
Malabar Developers has 11 deals on record (8 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹95.36 Cr; the latest was in March 2023.
Madathum Parambath Ahammad ceased to be Managing Director on 28 Mar 2025. Pallikere Ibrahim Abdulla ceased to be Director on 21 Dec 2021. Kappanjabbarkunhahamed Mohamed Nadeem ceased to be Additional Director on 30 Nov 2021. Malabar Developers has 24 board changes on record in total.
Yes, Malabar Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-08-0002091).
Malabar Developers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 Jun 2019.

