About Pratibha Industries Limited
Data last updated:
Pratibha Industries Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 19 July 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1995PLC090760. Its GSTIN is 27AAACP4709N2Z3 (Maharashtra). The company holds 23 GST registrations, of which 6 are active. It is recorded as listed by MCA, but trading in its shares on BSE (532718) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹47.72 Cr. It is led by directors including Vilas Bhagwant Parulekar and Ajit Bhagwan Kulkarni.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹440.32 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹2,140.48 Cr (net margin -486.1%) and EBITDA of -₹2,032.46 Cr (EBITDA margin -461.6%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 28% over five years.
The company has about 36 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Pratibha Industries Limited. As per MCA filings, the company has open charges of ₹10,040 Cr and satisfied charges of ₹3,319.93 Cr on record. Court records list 423 cases involving the company, including 121 filed by the company and 303 filed against it; 95 cases are pending. The company has 66 deals on record (48 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹523.35 Cr; the latest was in March 2017.
The last known website on record is pratibhagroup.com.
Company details
Contact details
Pratibha Industries Limited's registered office is in Mumbai, Maharashtra. Its website is pratibhagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShrikant Chambers Phase II 5th Floor Sion – Trombay Road Next To R. K. Studi, O Chembur, Mumbai, Maharashtra, India – 400071
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Pratibha Industries 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
Brands
Pratibha Industries operates one associated brand: Pratibha Industries Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential real estate properties are developed. | pratibhagroup.com |
Business activity
The main business activity of Pratibha Industries is construction. In detail, this covers buildings and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Pratibha Industries Limited, buy the company report.
Financials of Pratibha Industries Limited
FY 2017 filings availablePratibha Industries Limited reported revenue of ₹440.32 Cr (down 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 65% fall in the latest year. EBITDA fell 670% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹2,032.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,140.48 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -461.6% | ||||
| Net Profit Margin | -486.1% | ||||
| 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 Pratibha Industries Limited, buy the company report.
Board of directors of Pratibha Industries Limited
Pratibha Industries has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Bhagwant Parulekar | Director | 24 Sep 2009 | 17 Years 1 Months | As last reported |
| Sunanda Datta Kulkarni | Additional Director | 20 Feb 2018 | 8 Years 8 Months | As last reported |
| Ajit Bhagwan Kulkarni | Director | 04 Aug 2005 | 21 Years 2 Months | As last reported |
Auditor
Pratibha Industries Limited is audited by RAMANAND & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANAND & ASSOCIATES | FY 2018 | 117776W |
Shareholding
The shareholding of Pratibha Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pratibha Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2017 | 100071939 | Bank of India | ₹34 Cr | Open | |
| 08 Dec 2016 | 100068277 | Axis Bank Limited | ₹16 Cr | Open | |
| 27 Oct 2016 | 100057068 | Others | ₹15 Cr | Open | |
| 19 Mar 2016 | 100017003 | Yes Bank Limited | ₹7.5 Cr | Open | |
| 11 Mar 2016 | 100043517 | Others | ₹125 Cr | Open |
To see the full charge records of Pratibha Industries Limited, buy the company report.
Total charge records: 204 View all charges
Deals & funding
Pratibha Industries Limited has 66 deals on record (48 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹523.35 Cr; the latest was in March 2017.
Deals on record (5 of 66)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹412.63 Cr | Investors: Bank of Baroda, Union Bank Of India, Allahabad Bank |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Others - Pratibha Industries Limited, Sanatan Financial Advisory Services Private Limited , Akash Bhanshali Family Office Seller: Jai-Vijay Resources Private Limited , 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Akash Bhanshali Family Office, Jai-Vijay Resources Private Limited , Others - Pratibha Industries Limited Seller: Peak XV Partners (Sequoia India and SEA), Bajaj Life Insurance Limited , an individual |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: Jai-Vijay Resources Private Limited , Others - Pratibha Industries Limited Seller: Reliance Venture Asset Management Limited |
| Jul 2014 | Market trade | ₹8.59 Cr | Seller: Reliance Capital Ltd |
To see the full deal history of Pratibha Industries 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
Pratibha Industries Limited has 423 court cases on record: 121 filed by Pratibha Industries, 303 filed against it. 95 cases are pending and 328 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 208 | 115 | 65 |
| District courts | 192 | 174 | 26 |
| NCLAT | 13 | 7 | 3 |
| Supreme Court | 8 | 6 | 1 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 423)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against VDB Projects Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against VDB Projects Private Limited and 1 other | Pending |
| Bombay High Court | Court case (CARAP) | Filed by the company against Propel Developers Private Limited | Disposed |
| High Court of Karnataka | Arbitration matter | Filed by the company against M/S. Amrutha Constructions Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Yes Bank Limited Through Its Directors and Anr. and 1 other | Disposed |
To see the full case history of Pratibha Industries 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.
Credit ratings & regulatory alerts
Pratibha Industries Limited was last rated by Crisil on 29 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Apr 2020 |
To see the full credit ratings and regulatory alerts of Pratibha Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pratibha Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pratibha Industries has 3 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bhopal Sanchi Highways Private Limited | U45200DL2010PTC204952 | |
| Muktangan Developers Private Limited | U45200MH2005PTC153142 | |
| Prime Infrapark Private Limited | U45400DL2009PTC196317 |
To see the full group structure of Pratibha Industries Limited, buy the company report.
Employees & EPFO
Pratibha Industries Limited has a workforce of 36 employees on its EPFO records as of Dec 09, 2024, across 2 active EPFO establishments.
GST
Pratibha Industries has 23 GST registrations: 6 active and 17 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4709N2Z3 | Maharashtra | Active | 01 Jul 2020 |
| 08AAACP4709N2Z3 | Rajasthan | Active | 22 May 2020 |
| 24AAACP4709N2Z9 | Gujarat | Active | 10 Aug 2020 |
| 36AAACP4709N2Z4 | Telangana | Active | 17 Aug 2020 |
To see the full GST registrations and return filing status of Pratibha Industries Limited, buy the company report.
Recent activity
Pratibha Industries Limited has 37 board changes on record since 2005: 20 appointments and 17 cessations. The latest: Jai Prakash Ray ceased to be Director on 12 May 2025.
390 earlier events are in the company report.
News
Frequently asked questions
Pratibha Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pratibha Industries is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 19 July 1995 and is registered under CIN L45200MH1995PLC090760. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pratibha Industries has 3 current directors:
- Vilas Bhagwant Parulekar - Director
- Sunanda Datta Kulkarni - Additional Director
- Ajit Bhagwan Kulkarni - Director
The latest financial statements of Pratibha Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pratibha Industries is L45200MH1995PLC090760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratibha Industries is recorded as a listed company by MCA, but trading in its shares on BSE (532718) has been suspended, so they do not currently trade on a stock exchange.
Pratibha Industries has open charges of ₹10,040 Cr and satisfied charges of ₹3,319.93 Cr as per latest MCA filings.
Pratibha Industries has 423 court cases on record: 121 filed by the company and 303 filed against it. 95 are pending. Most are in the high courts.
Pratibha Industries was incorporated on 19 July 1995. It is registered with the Registrar of Companies, Mumbai.
Pratibha Industries has 66 deals on record (48 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹523.35 Cr; the latest was in March 2017.