About Vatika Limited
Data last updated:
Vatika Limited is a public limited company based in Gurugram, Haryana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1998PLC054821. Its GSTIN is 06AABCV5647G1Z9 (Haryana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹55.69 Cr. It was formerly known as Vatika Private Limited and Vatika Landbase Limited. It is led by directors including Anil Bhalla (Whole-Time Director) and Brij Kishore Singh.
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 Unit No. – A – 002 Inxt City Centre Ground Floor Block – A Sector – 83 Vatika India Next, Gurugram, Haryana, India – 122012.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,082.48 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹30.7 Cr (net margin 2.8%) and EBITDA of ₹220.56 Cr (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.
The company has about 229 employees on its provident fund (EPFO) records. Its group structure includes 24 subsidiaries.
The company is associated with 2 brands: Vatika One India Next and Vatika Group. As per MCA filings, the company has open charges of ₹10,649 Cr and satisfied charges of ₹8,020.3 Cr on record. Court records list 618 cases involving the company, including 208 filed by the company and 413 filed against it; 209 cases are pending. The company has 24 deals on record (20 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹630.8 Cr; the latest was in December 2023. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is My Home Infrastructures Private Limited with revenue of ₹1,094.7 Cr. The company has 44 MSME Form 1 returns on record between 2014 and 2023, listing 1,352 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vatikagroup.com.
Company details
Name history
Vatika has undergone 4 name changes throughout its history. The current legal name is Vatika Limited.
| Company Name | Status |
|---|---|
| Vatika Limited | Current |
| Vatika Private Limited | Previous |
| Vatika Landbase Limited | Previous |
| Vatika Landbase Private Limited | Previous |
| K.J. Realtors Pvt. Ltd. | Previous |
CIN history
Vatika has one previous CIN (Corporate Identification Number): U74899DL1998PLC094773. The current CIN is U74899HR1998PLC054821, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1998PLC054821 | Current |
| U74899DL1998PLC094773 | Previous |
Contact details
Vatika Limited's registered office is in Gurugram, Haryana. Its website is vatikagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. – A – 002 Inxt City Centre Ground Floor Block – A Sector – 83 Vatika India Next, Gurugram, Haryana, India – 122012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vatika 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
Vatika operates two associated brands: Vatika One India Next and Vatika Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services are provided in India. | vatikagroup.com | |
| Commercial real estate projects are developed in Gurgaon, featuring retail and office spaces with modern amenities. | vatikaoneindianext.com |
Business activity
The main business activity of Vatika is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vatika Limited, buy the company report.
Financials of Vatika Limited
FY 2024 filings availableVatika Limited reported revenue of ₹1,082.48 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 22% growth in the latest year. EBITDA rose 367% 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 | ₹220.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.7 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 | 20.4% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Vatika Limited, buy the company report.
Board of directors of Vatika Limited
Vatika has 6 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Bhalla Also directs: Vatika Infracon Private Limited, Vatika Jaipur Sez Developers Private Limited, VLM Projects Private Limited and 5 more | Whole-Time Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Brij Kishore Singh Also directs: Vatika Infracon Private Limited, Pandora Builders Private Limited, Pegasus Infrastructure Private Limited and 5 more | Director | 18 Feb 2019 | 7 Years 8 Months | Current |
| Surender Singh Also directs: Vatika Farms Private Limited, Crazy Properties Private Limited, Lincoln Developers Private Limited and 5 more | Director | 08 Jan 2021 | 5 Years 9 Months | Current |
| Nitika Kapur | Director | 21 May 2024 | 2 Years 5 Months | Current |
| Vijender Kumar Also directs: Vatika Jaipur Sez Developers Private Limited, VLM Projects Private Limited, Vatika One India Next Private Limited and 5 more | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Ruchi Munjal | Director | 11 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Vatika Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Home Infrastructures Private Limited | ₹1,094.7 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Vascon Engineers Limited | ₹1,089.91 Cr (FY 2025) | 41.0% | Pune, Maharashtra, India | |||
| Vatika Limitedthis company | ₹1,082.48 Cr (FY 2024) | ₹30.7 Cr | 2.8% | 22.0% | 229 | Gurugram, Haryana, India |
| Gera Developments Private Limited | ₹1,053.34 Cr (FY 2025) | 47.0% | Pune, Maharashtra, India | |||
| Wadhwagroup Holdings Private Limited | ₹1,047.53 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vatika Limited, buy the company report.
Auditor
Vatika Limited is audited by Singhal Raghav & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhal Raghav & Company | FY 2023 | 024307N |
Shareholding
The shareholding of Vatika 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 Vatika Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101100653 | Others | ₹22 Cr | Open | |
| 12 Oct 2023 | 100833179 | Others | ₹346.2 Cr | Open | |
| 22 Jun 2023 | 100821684 | Idbi Trusteeship Services Limited | ₹325 Cr | Open | |
| 14 Jun 2023 | 100747866 | Others | ₹6.26 Cr | Open | |
| 14 Jun 2023 | 100747862 | Others | ₹1.15 Cr | Open |
To see the full charge records of Vatika Limited, buy the company report.
Total charge records: 147 View all charges
Deals & funding
Vatika Limited has 24 deals on record (20 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹630.8 Cr; the latest was in December 2023.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Adalwin Developers Private Limited Seller: Blake Investment Holdings Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Adalwin Developers Private Limited Seller: Alicia Global Investments Limited |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Flax Developers Private Limited Seller: Goldman Sachs Private Equity |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Flax Developers Private Limited Seller: Goldman Sachs Private Equity |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: Flax Developers Private Limited Seller: Goldman Sachs Private Equity |
To see the full deal history of Vatika 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
Vatika Limited has 618 court cases on record: 208 filed by Vatika, 413 filed against it. 209 cases are pending and 409 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 330 | 256 | 126 |
| High courts | 219 | 101 | 73 |
| Supreme Court | 27 | 15 | 7 |
| NCLT | 22 | 21 | 0 |
| NCLAT | 20 | 20 | 3 |
Cases on record (5 of 618)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Scaler Ventures Business Solutions Private Limited | Pending |
| High Court of Rajasthan | Court case (WRW) | Filed by the company against Jaipur Vidyut Vitran Nigam Limited and 1 other | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Fermina Developers Pvt Ltd and 2 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Vatika Hotels Private Limited and 2 others | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Bahl Builders Pvt Ltd | Disposed |
To see the full case history of Vatika 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
Vatika Limited was last rated by Care on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of Vatika Limited, buy the company report.
MSME payment delays
Vatika Limited has 44 MSME Form 1 returns on record between 2014 and 2023, listing 1,352 overdue payments to 16 micro and small suppliers. 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 (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Sana Build Tech Private Limited | |||
| an individual supplier | |||
| Kamal Construction Company |
To see the full MSME payment records of Vatika Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vatika has 24 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pegasus Infrastructure Private Limited | U45201DL2004PTC126977 | |
| Vatika One India Next Private Limited | U45201DL2005PTC135181 | |
| Crazy Properties Private Limited | U45201DL2005PTC138088 | |
| Nakshatra Buildcon Private Limited | U45201RJ2005PTC020439 | |
| Sanskar Buildtech Private Limited | U45201RJ2005PTC020441 | |
| Vatika Jaipur Sez Developers Private Limited | U45202DL2006PTC145197 |
To see the full group structure of Vatika Limited, buy the company report.
Employees & EPFO
Vatika Limited has a workforce of 229 employees on its EPFO records as of Jul 08, 2024, across 1 active EPFO establishment.
GST
Vatika has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCV5647G1Z9 | Haryana | Active | 01 Jul 2017 |
| 08AABCV5647G1Z5 | Rajasthan | Active | 01 Jul 2017 |
| 07AABCV5647G2Z6 | Delhi | Active | 01 Sep 2019 |
To see the full GST registrations and return filing status of Vatika Limited, buy the company report.
Recent activity
Vatika Limited has 42 board changes on record since 2007: 6 appointments and 36 cessations. The latest: Nitika Kapur ceased to be Additional Director on 29 Sep 2024.
327 earlier events are in the company report.
News
Frequently asked questions
Vatika is an active public limited company based in Gurugram, Haryana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 July 1998 (28+ years old) and is registered under CIN U74899HR1998PLC054821.
Vatika has 6 current directors:
- Anil Bhalla - Whole-Time Director
- Brij Kishore Singh - Director
- Surender Singh - Director
- Nitika Kapur - Director
- Vijender Kumar - Director
- Ruchi Munjal - Director
The latest financial statements of Vatika 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 Vatika is 06AABCV5647G1Z9, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCV5647G1Z5 (Rajasthan), 07AABCV5647G2Z6 (Delhi).
The CIN (Corporate Identification Number) of Vatika is U74899HR1998PLC054821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vatika has 618 court cases on record: 208 filed by the company and 413 filed against it. 209 are pending. Most are in the district courts.
Vatika was incorporated on 02 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Vatika has 24 deals on record (20 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹630.8 Cr; the latest was in December 2023.
The peers of Vatika by revenue are My Home Infrastructures Private Limited, Vascon Engineers Limited, Gera Developments Private Limited, Wadhwagroup Holdings Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Nitika Kapur ceased to be Additional Director on 29 Sep 2024. Nitika Kapur was appointed as Director on 21 May 2024. Abhishek Paliwal ceased to be Company Secretary on 10 Aug 2023. Vatika has 42 board changes on record in total.
Vatika has 44 MSME Form 1 returns on record between 2014 and 2023, listing 1,352 overdue payments to 16 micro and small suppliers. The latest return was filed on 23 Jan 2024.
Vatika can be reached through the website vatikagroup.com. Its registered office is in Gurugram, Haryana, India.