Mitali Developers Private Limited
About Mitali Developers Private Limited
Data last updated:
Mitali Developers 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 05 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH1994PTC080151.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Damji Gada and Parshwa Arun Gada.
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 A/403 God Gift Adarsh Dughdhalaya Lane Adarsh Nagar Malad – West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.55 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Lakh (net margin 78.7%) and EBITDA of ₹11.23 Lakh (EBITDA margin 97.3%).
As per MCA filings, the company has open charges of ₹3.97 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mitali Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/403 God Gift Adarsh Dughdhalaya Lane Adarsh Nagar Malad – West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mitali 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
Financials of Mitali Developers Private Limited
FY 2025 filings availableMitali Developers Private Limited reported revenue of ₹11.55 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| 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 | ₹11.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.09 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.3% | ||||
| Net Profit Margin | 78.7% | ||||
| 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 Mitali Developers Private Limited, buy the company report.
Board of directors of Mitali Developers Private Limited
Mitali Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Damji Gada Also directs: Naitik Realty and Infra LLP, Namo Properties & Developments LLP, Nova Manufacturing and Exim LLP and 5 more | Director | 26 Aug 1994 | 32 Years 2 Months | Current |
| Parshwa Arun Gada Also directs: Naitik Realty and Infra LLP, Namo Properties & Developments LLP, Nova Manufacturing and Exim LLP and 5 more | Additional Director | 25 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Mitali Developers Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dost Systems Private Limited | ₹11.6 Lakh (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| CRC Infratech Private Limited | ₹11.59 Lakh (FY 2024) | -99.0% | Mumbai, Maharashtra, India | |||
| Aswini Properties Pvt Ltd | ₹11.59 Lakh (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| Jayati Paper Converter Private Limited | ₹11.56 Lakh (FY 2025) | 38.0% | Jaipur, Rajasthan, India | |||
| Ishwardas Clearing Agency Private Limited | ₹11.56 Lakh (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Mitali Developers Private Limitedthis company | ₹11.55 Lakh (FY 2025) | ₹9.09 Lakh | 78.7% | -6.0% | Mumbai, Maharashtra, India | |
| Hargovinda Infracity Private Limited | ₹11.55 Lakh (FY 2024) | -8.0% | Noida, Uttar Pradesh, India | |||
| Jalan Pipes Ltd | ₹11.55 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Northern Properties Pvt Ltd | ₹11.54 Lakh (FY 2015) | -86.0% | West Bengal, India | |||
| Garden City Avenues Private Limited | ₹11.54 Lakh (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Dinkar Investments Private Limited | ₹11.53 Lakh (FY 2025) | 255.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mitali Developers Private Limited, buy the company report.
Auditor
Mitali Developers Private Limited is audited by CHETAN MEHTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN MEHTA & ASSOCIATES | FY 2020 | 131749W |
Shareholding
The shareholding of Mitali Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mitali Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2007 | 10103531 | Bank of Baroda | ₹2.99 Cr | Open | |
| 05 Mar 1998 | 90155093 | Development Credit Bank Ltd. | ₹98 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mitali Developers 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 Mitali Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mitali Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mitali Developers Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Kirit Damji Gada ceased to be Additional Director on 26 Mar 2025.
Frequently asked questions
Mitali Developers 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 05 August 1994 (32+ years old) and is registered under CIN U45202MH1994PTC080151.
Mitali Developers has 2 current directors:
- Arun Damji Gada - Director
- Parshwa Arun Gada - Additional Director
The latest financial statements of Mitali Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mitali Developers is U45202MH1994PTC080151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitali Developers was incorporated on 05 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mitali Developers by revenue are Dost Systems Private Limited, CRC Infratech Private Limited, Aswini Properties Pvt Ltd, Jayati Paper Converter Private Limited, Ishwardas Clearing Agency Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Kirit Damji Gada ceased to be Additional Director on 26 Mar 2025. Parshwa Arun Gada was appointed as Additional Director on 25 Mar 2025. Geethan Gada Damji ceased to be Director on 02 Mar 2025. Mitali Developers has 5 board changes on record in total.
The registered office of Mitali Developers is at A403 God Gift Adarsh Dughdhalaya Lane Adarsh Nagar Malad – West, Mumbai, Maharashtra, India – 400064.
Mitali Developers operates in the financial services industry, in the real estate financing segment.
Mitali Developers has open charges of ₹3.97 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Mitali Developers is compliant as of 17 July 2026. The company is actively filing with the Registrar of Companies.