Dhanshree Developers Private Limited
About Dhanshree Developers Private Limited
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Dhanshree Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC163716. Its GSTIN is 27AACCD6182F1ZO (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Pearls Dhanshree Infrastructure Private Limited and Dhanashree Developers Private Limited. It is led by directors Deepak Dnyanoba Borkar and Shankarrao Ambrushi Borkar.
Its last annual general meeting (AGM) was held on 30 April 2018, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 24 Borkar Compound Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.93 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹13.25 Cr (net margin -121.3%) and EBITDA of -₹9.32 Cr (EBITDA margin -85.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹164.26 Cr and satisfied charges of ₹16.19 Cr on record. Court records list 195 cases involving the company, including 32 filed by the company and 163 filed against it; 38 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Dhanshree Developers has undergone 2 name changes throughout its history. The company was previously known as Pearls Dhanshree Infrastructure Private Limited, and Dhanashree Developers Private Limited. The current legal name is Dhanshree Developers Private Limited.
| Company Name | Status |
|---|---|
| Dhanshree Developers Private Limited | Current |
| Pearls Dhanshree Infrastructure Private Limited | Previous |
| Dhanashree Developers Private Limited | Previous |
Contact details
Dhanshree 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 Address24 Borkar Compound Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Dhanshree 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 Dhanshree Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Dhanshree Developers Private Limited, buy the company report.
Financials of Dhanshree Developers Private Limited
FY 2017 filings availableDhanshree Developers Private Limited reported revenue of ₹10.93 Cr (down 15% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 15% fall in the latest year. EBITDA rose 27% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10.93 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.32 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.25 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -85.3% | ||
| Net Profit Margin | -121.3% | ||
| 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 Dhanshree Developers Private Limited, buy the company report.
Board of directors of Dhanshree Developers Private Limited
Dhanshree Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Dnyanoba Borkar | Director | 03 Dec 2016 | 9 Years 10 Months | Current |
| Shankarrao Ambrushi Borkar Also directs: Sahaya Auto Services LLP, Jri Industries & Infrastructure Limited, Dhanshree Infratech Private Limited and 1 more | Director | 10 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Dhanshree Developers Private Limited is audited by ASHOK GANGAVAT & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK GANGAVAT & CO | FY 2017 | 114274W |
Shareholding
The shareholding of Dhanshree Developers Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Dhanshree Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2012 | 10378137 | Axis Bank Limited | ₹6 Cr | Open | |
| 07 Oct 2011 | 10318570 | The Greater Bombay Co-Op Bank Ltd | ₹14 Cr | Open | |
| 28 Sep 2011 | 10319180 | National Co- Op Bank Ltd | ₹2 Cr | Open | |
| 26 Nov 2010 | 10255030 | State Bank of India | ₹18.5 Cr | Open | |
| 31 Oct 2009 | 10188410 | Axis Bank Limited | ₹90 Cr | Open |
To see the full charge records of Dhanshree Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Dhanshree Developers Private Limited has 195 court cases on record: 32 filed by Dhanshree Developers, 163 filed against it. 38 cases are pending and 157 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 130 | 113 | 26 |
| High courts | 65 | 50 | 12 |
Cases on record (5 of 195)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Union Bank of India Through Its Authorized Officer Vikas Shrivastava | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against Rajeev Himmatlalsurana - Director of M/S. Hammer Real Estate An Holdings Pvt. Ltd. and State -- Res | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed by the company against Rajeev Himmatlalsurana - Director of M/S. Hammer Real Estate An Holdings Pvt. Ltd. and State -- Res | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Unity Small Finance Bank Limited Through Anjali Govind Parab | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Arin Developers Private Limited | Disposed |
To see the full case history of Dhanshree 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 Dhanshree Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhanshree Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD6182F1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhanshree Developers Private Limited, buy the company report.
Recent activity
Dhanshree Developers Private Limited has 10 board changes on record since 2006: 2 appointments and 8 cessations. The latest: Amol Shankarrao Borkar ceased to be Additional Director on 08 Dec 2016.
17 earlier events are in the company report.
Frequently asked questions
Dhanshree Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 August 2006 (20+ years old) and is registered under CIN U45201MH2006PTC163716.
Dhanshree Developers has 2 current directors:
- Deepak Dnyanoba Borkar - Director
- Shankarrao Ambrushi Borkar - Director
The latest financial statements of Dhanshree Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 April 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhanshree Developers is 27AACCD6182F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dhanshree Developers is U45201MH2006PTC163716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanshree Developers has 195 court cases on record: 32 filed by the company and 163 filed against it. 38 are pending. Most are in the district courts.
Dhanshree Developers was incorporated on 10 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Amol Shankarrao Borkar ceased to be Additional Director on 08 Dec 2016. Deepak Dnyanoba Borkar was appointed as Director on 03 Dec 2016. Ankush Prabhakar Yadav ceased to be Director on 16 Dec 2014. Dhanshree Developers has 10 board changes on record in total.
The registered office of Dhanshree Developers is at 24 Borkar Compound Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.
Dhanshree Developers operates in the infrastructure and utilities industry, in the general construction services segment.
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