- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-16-0002419

Mylaar Developers Private Limited
About Mylaar Developers Private Limited
Data last updated:
Mylaar Developers Private Limited is a private limited company based in Arsikere, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2020PTC132099. Its GSTIN is 29AANCM2827P1ZN (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72 Lakh. It is led by directors Byanna Rukmini and Chaithra Hallimysore Basavraj.
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 1/13 Nethravathi Nilaya Garudanagiri Road, Arsikere, Karnataka, India – 573103.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.07 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Lakh (net margin 4.9%) and EBITDA of ₹33.31 Lakh (EBITDA margin 55.4%). Revenue has grown at a compounded annual rate (CAGR) of 600% over three years.
As per MCA filings, the company has open charges of ₹2.7 Cr on record.
Mylaar Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0002419).
Recognitions & Rankings of Mylaar Developers
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1/13 Nethravathi Nilaya Garudanagiri Road, Arsikere, Karnataka, India – 573103
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
The main business activity of Mylaar 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
Financials of Mylaar Developers Private Limited
FY 2025 filings availableMylaar Developers Private Limited reported revenue of ₹60.07 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 600%. EBITDA fell 26% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹33.31 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.96 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 55.4% | |
| Net Profit Margin | 4.9% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Mylaar Developers are in the company report.
: available in the company report
Board of Directors of Mylaar Developers Private Limited
Mylaar 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 |
|---|---|---|---|---|
| Byanna Rukmini | Director | 29 Jan 2020 | 6 Years 8 Months | Current |
| Chaithra Hallimysore Basavraj | Director | 29 Jan 2020 | 6 Years 8 Months | Current |
Auditor Details
Mylaar Developers Private Limited is audited by SHARATH H M & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARATH H M & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2021 | Canara Bank | ₹2.7 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Mylaar Developers.
: available in the company report
Recent Activity
Mylaar Developers Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Hanumappa Govindappa ceased to be Director on 13 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Mylaar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM2827P1ZN | Karnataka | Active | 15 Feb 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Mylaar Developers is an active private limited company based in Arsikere, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 January 2020 (6+ years old) and is registered under CIN U45309KA2020PTC132099.
Mylaar Developers has 2 current directors:
- Byanna Rukmini - Director
- Chaithra Hallimysore Basavraj - Director
The latest financial statements of Mylaar 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 FY 2020 are in the company report.
The GSTIN of Mylaar Developers is 29AANCM2827P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Mylaar Developers is U45309KA2020PTC132099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mylaar Developers was incorporated on 29 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Hanumappa Govindappa ceased to be Director on 13 Dec 2024. Byanna Rukmini was appointed as Director on 29 Jan 2020. Chaithra Hallimysore Basavraj was appointed as Director on 29 Jan 2020. Mylaar Developers has 4 board changes on record in total.
Yes, Mylaar Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-16-0002419).
The registered office of Mylaar Developers is at 113 Nethravathi Nilaya Garudanagiri Road, Arsikere, Karnataka, India – 573103.
Mylaar Developers operates in the real estate and construction industry, in the real estate builders and developers segment.