MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0031079
Minartech Developers Private Limited - infrastructure and utilities in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹38.35 Lakh
▼ 74% YoY
Net loss · FY 2024
₹1.81 Cr
Net margin -471.4%
EBITDA · FY 2024
-₹1.2 Cr
EBITDA margin -313.1%
Authorised capital
₹32 Lakh
Registered with MCA
Paid-up capital
₹32 Lakh
Issued & subscribed
Open charges
₹5.44 Cr
Satisfied ₹75 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
9
Provident fund records
About Minartech Developers Private Limited
Data last updated:
Minartech Developers Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2012PTC032691. Its GSTIN is 32AAICM2920Q1Z9 (Kerala).
The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors including Padathan Mohammad Latheef (Managing Director) and Fathima Latheef.
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 Building No.268C/5 Erumelikkara Kumarapuram P.O., Kochi, Kerala, India – 683565.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.35 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹1.81 Cr (net margin -471.4%) and EBITDA of -₹1.2 Cr (EBITDA margin -313.1%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 18% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.44 Cr and satisfied charges of ₹75 Lakh on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 7 cases are pending.
Minartech Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0031079). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minartech.com.
Company details
CIN U45200KL2012PTC032691
Registration Number 032691
Incorporation Date 20 November 2012
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0031079
Key People
Padathan Mohammad Latheef Managing Director Fathima Latheef Director Thettayil Pareeth Pillai Subair Director Recognitions & Rankings of Minartech Developers
Contact details
Minartech Developers Private Limited's registered office is in Kochi, Kerala. Its website is minartech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBuilding No.268C/5 Erumelikkara Kumarapuram P.O., Kochi, Kerala, India – 683565
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Minartech Developers Private Limited, buy the company report.
Comprehensive company report
Minartech Developers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Minartech 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 Minartech Developers Private Limited, buy the company report.
Financials of Minartech Developers Private Limited
FY 2024 filings availableMinartech Developers Private Limited reported revenue of ₹38.35 Lakh (down 74% YoY) for FY 2024.
Revenue · FY 2024
₹38.35 Lakh ▼ 74%
Net loss · FY 2024
₹1.81 Cr margin -471.4%
EBITDA · FY 2024
-₹1.2 Cr margin -313.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 39%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 425%
3 years · compounded
▼ 142%
5 years · compounded
▼ 58%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 74% fall in the latest year. EBITDA fell 425% 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 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 | -₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.81 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -313.1% | ||||
| Net Profit Margin | -471.4% | ||||
| 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 Minartech Developers Private Limited, buy the company report.
Board of directors of Minartech Developers Private Limited
Minartech Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fathima Latheef | Director | 31 Jul 2014 | 12 Years 3 Months | Current |
| Thettayil Pareeth Pillai Subair | Director | 31 Jul 2014 | 12 Years 3 Months | Current |
| Refiya Beevi Subair | Director | 31 Jul 2014 | 12 Years 3 Months | Current |
| Padathan Mohammad Latheef | Managing Director | 20 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Minartech Developers Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), 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 |
|---|---|---|---|---|---|---|
| Paivalike Stone Crusher Private Limited | ₹38.45 Lakh (FY 2024) | -47.0% | Manjeshwar, Kerala, India | |||
| Minartech Developers Private Limitedthis company | ₹38.35 Lakh (FY 2024) | -₹1.81 Cr | -471.4% | -74.0% | 9 | Kochi, Kerala, India |
| Northtech Engineering Private Limited | ₹38.32 Lakh (FY 2025) | 19.0% | Srinagar, Jammu and Kashmir, India | |||
| Winfast Solution India Private Limited | ₹38.29 Lakh (FY 2024) | -47.0% | Pune, Maharashtra, India |
To see the full peer comparison of Minartech Developers Private Limited, buy the company report.
Auditor
Minartech Developers Private Limited is audited by Sunil Chandy Eapen for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Chandy Eapen | FY 2023 | 25116 |
Shareholding
The shareholding of Minartech 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 Minartech Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.44 Cr
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2022 | 100577241 | Others | ₹2.5 Cr | Open | |
| 27 Dec 2019 | 100317243 | Others | ₹2.94 Cr | Open | |
| 19 Aug 2015 | 10591091 | State Bank of Travancore | ₹75 Lakh | Satisfied |
To see the full charge records of Minartech Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Minartech Developers Private Limited has 12 court cases on record: 4 filed by Minartech Developers, 8 filed against it. 7 cases are pending and 5 are disposed.
Total cases
12
Filed by the company
4
Filed against the company
8
Pending
7
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 5 |
| High courts | 5 | 1 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (MC) | Filed against the company by Icici Bank Limited | Disposed |
| High Court of Kerala | Court case (OP(C)) | Filed against the company by an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala, | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Minartech 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
No delayed payments to MSME suppliers are on our record for Minartech Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minartech Developers Private Limited has a workforce of 9 employees on its EPFO records as of Mar 2021, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
28.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 9 |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Minartech Developers Private Limited, buy the company report.
GST
Minartech Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM2920Q1Z9 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minartech Developers Private Limited, buy the company report.
Recent activity
Minartech Developers Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Muhammedkasim Dhamassalam Abdulkhadher ceased to be Director on 09 Oct 2017.
AGM
Minartech Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Minartech Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100577241 was registered on 09 May 2022.
Charges
A charge with Others of Rs. 294.00 Lakh registered on 27 Dec 2019 with Charge ID 100317243 was modified on 15 Nov 2021.
Charges
A charge with Others amounted to Rs. 294.00 Lakh with Charge ID 100317243 was registered on 27 Dec 2019.
Charges
A charge registered on 19 Aug 2015 via Charge ID 10591091 with State Bank Of Travancore was fully satisfied on 26 Oct 2018.
Ceased
Muhammedkasim Dhamassalam Abdulkhadher ceased to be Director.
Ceased
Siyad ceased to be Director.
Charges
A charge with State Bank Of Travancore amounted to Rs. 75.00 Lakh with Charge ID 10591091 was registered on 19 Aug 2015.
Appointed
Fathima Latheef was appointed as Director.
Appointed
Refiya Beevi Subair was appointed as Director.
Appointed
Thettayil Pareeth Pillai Subair was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Minartech Developers is an active private limited company based in Kochi, Kerala, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 November 2012 (14+ years old) and is registered under CIN U45200KL2012PTC032691.
Minartech Developers has 4 current directors:
- Padathan Mohammad Latheef - Managing Director
- Fathima Latheef - Director
- Thettayil Pareeth Pillai Subair - Director
- Refiya Beevi Subair - Director
The latest financial statements of Minartech 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 Minartech Developers is 32AAICM2920Q1Z9, registered in Kerala.
The CIN (Corporate Identification Number) of Minartech Developers is U45200KL2012PTC032691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minartech Developers has 12 court cases on record: 4 filed by the company and 8 filed against it. 7 are pending. Most are in the district courts.
Minartech Developers was incorporated on 20 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Minartech Developers by revenue are Paivalike Stone Crusher Private Limited, Northtech Engineering Private Limited, Winfast Solution India Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Muhammedkasim Dhamassalam Abdulkhadher ceased to be Director on 09 Oct 2017. Siyad ceased to be Director on 15 Oct 2016. Fathima Latheef was appointed as Director on 31 Jul 2014. Minartech Developers has 6 board changes on record in total.
Yes, Minartech Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0031079).
Minartech Developers can be reached through the website minartech.com. Its registered office is in Kochi, Kerala, India.
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