Musale Developers Private Limited
About Musale Developers Private Limited
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Musale Developers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the construction or demolition equipment segment of the construction sector. It was incorporated on 31 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U45500MH2020PTC336978.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Dhananjay Ramchandra Musale and Dhanashree Dhananjay Musale.
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 401 Shiwalaya Apartment Reshimbagh, Nagpur, Maharashtra, India – 440024.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.03 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹4.46 Lakh (net margin 1.5%) and EBITDA of ₹10.92 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
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- Registered Address401 Shiwalaya Apartment Reshimbagh, Nagpur, Maharashtra, India – 440024
- IndustryConstruction, Construction Or Demolition Equipment, Renting
- 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
- One PDF report, delivered after checkout
Business Activity of Musale Developers Private Limited
The main business activity of Musale Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Musale Developers Private Limited FY 2025 filings available
Musale Developers Private Limited reported revenue of ₹3.03 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Musale Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 65% over three years, including 56% growth in the latest year. EBITDA rose 111% 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 of Musale Developers Private Limited
| 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 | ₹10.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.46 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 of Musale Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Musale Developers are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Musale Developers Private Limited
Musale Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K&A India Engineering Constructions Private Limited | ₹3.04 Cr (FY 2022) | •••• | •••• | 2410.0% | •••• | Dwarka, Delhi, India |
| Khushwani Estates & Housing Private Limited | ₹3.04 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Kolkata, West Bengal, India |
| Jai Mega Developer Private Limited | ₹3.04 Cr (FY 2025) | •••• | •••• | 205.0% | •••• | Lucknow, Uttar Pradesh, India |
| JJJ Constructions Private Limited | ₹3.04 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Freedom Infradevelopers Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Musale Developers Private Limited this company | ₹3.03 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Nagpur, Maharashtra, India |
| Eternal Realty India Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Bhavnagar, Gujarat, India |
| Sanya Constructions and Developers Private Limited | ₹3.03 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Kanpur, Uttar Pradesh, India |
| Suvas Infrastructure Private Limited | ₹3.03 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Harita Polytex (India) Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Coimbatore, Tamil Nadu, India |
| India Infrahitech Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Musale Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Musale Developers Private Limited
Musale 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 |
|---|---|---|---|---|
| Dhananjay Ramchandra Musale | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Dhanashree Dhananjay Musale | Director | 25 Jun 2024 | 2 Years 3 Months | Current |
Charges & Borrowings of Musale Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2024 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Musale Developers Private Limited
Employment history and EPFO contributions of people linked to Musale Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Musale Developers Private Limited
Musale Developers Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Dhanashree Dhananjay Musale ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Musale Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Musale Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Musale Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Musale Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Musale Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Musale Developers Private Limited
Musale Developers is an active private limited company based in Nagpur, Maharashtra, India. The company works in construction or demolition equipment, within the construction industry. It was incorporated on 31 January 2020 (6+ years old) and is registered under CIN U45500MH2020PTC336978.
Musale Developers reported revenue of ₹3.03 Cr for FY 2025 (up 56% YoY).
Musale Developers has 2 current directors:
- Dhananjay Ramchandra Musale - Director
- Dhanashree Dhananjay Musale - Director
Musale Developers reported a net profit of ₹4.46 Lakh (net margin 1.5%) and EBITDA of ₹10.92 Lakh (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Musale Developers is 65% over three years. In the latest year (FY 2025) revenue rose 56%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Musale Developers is U45500MH2020PTC336978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Musale Developers was incorporated on 31 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Musale Developers by revenue are K&A India Engineering Constructions Private Limited, Khushwani Estates & Housing Private Limited, Jai Mega Developer Private Limited, JJJ Constructions Private Limited, Freedom Infradevelopers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Dhanashree Dhananjay Musale ceased to be Additional Director on 29 Sep 2024. Vikram Ramchandra Musale ceased to be Director on 28 Jun 2024. Dhanashree Dhananjay Musale was appointed as Director on 25 Jun 2024. Musale Developers has 4 board changes on record in total.
The registered office of Musale Developers is at 401 Shiwalaya Apartment Reshimbagh, Nagpur, Maharashtra, India – 440024.
Musale Developers has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.