MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0058000
N J Devani Builders Pvt Ltd - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹69.36 Cr
▲ 95% YoY
Net profit · FY 2025
₹1.47 Cr
Net margin 2.1%
EBITDA · FY 2025
₹6.01 Cr
EBITDA margin 8.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.1 Lakh
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹9.67 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
182
Provident fund records
About N J Devani Builders Pvt Ltd
Data last updated:
N J Devani Builders Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1982PTC005730. Its GSTIN is 24AAACN4952D1ZS (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.1 Lakh. It is led by directors including Nathalal Jivraj Devani and Anand Anil Devani.
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 Behind Ishwer Bhavan Nearnavarangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.36 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 2.1%) and EBITDA of ₹6.01 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 36% over five years.
The company has about 182 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹9.67 Cr on record. Court records list 47 cases involving the company, including 19 filed by the company and 28 filed against it; 5 cases are pending.
N J Devani Builders Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0058000). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website njdevani.com.
Company details
CIN U45201GJ1982PTC005730
Registration Number 005730
Incorporation Date 30 November 1982
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0058000
Key People
Nathalal Jivraj Devani Director Anand Anil Devani Director Pritibala Anil Devani Director Recognitions & Rankings of N J Devani Builders
Contact details
N J Devani Builders Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is njdevani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBehind Ishwer Bhavan Nearnavarangpura, Ahmedabad, Gujarat, India – 380009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of N J Devani Builders Pvt Ltd, buy the company report.
Comprehensive company report
N J Devani Builders Pvt Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of N J Devani Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of N J Devani Builders Pvt Ltd, buy the company report.
Financials of N J Devani Builders Pvt Ltd
FY 2025 filings availableN J Devani Builders Pvt Ltd reported revenue of ₹69.36 Cr (up 95% YoY) for FY 2025.
Revenue · FY 2025
₹69.36 Cr ▲ 95%
Net profit · FY 2025
₹1.47 Cr margin 2.1%
EBITDA · FY 2025
₹6.01 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 26%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 36%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 95% growth in the latest year. EBITDA rose 75% 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 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 | ₹6.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.47 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 N J Devani Builders Pvt Ltd, buy the company report.
Board of directors of N J Devani Builders Pvt Ltd
N J Devani Builders has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nathalal Jivraj Devani | Director | 30 Nov 1982 | 43 Years 10 Months | Current |
| Anand Anil Devani Also directs: Jawai's Leopard's Abode Private Limited | Director | 27 Sep 2012 | 14 Years 0 Months | Current |
| Pritibala Anil Devani | Director | 01 Jan 2000 | 26 Years 9 Months | Current |
| Vijay Ramkrishna Vyas | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Anil Nathalal Devani | Director | 30 Nov 1982 | 43 Years 10 Months | Current |
| Lilaben Nathalal Devani | Director | 01 Jan 1986 | 40 Years 9 Months | Current |
Peer comparison
N J Devani Builders Pvt Ltd is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meghmayur Reality Private Limited | ₹69.63 Cr (FY 2024) | 31825669.0% | Nandurbar, Maharashtra, India | |||
| Ratnapuri Constructions Private Limited | ₹69.47 Cr (FY 2025) | 41.0% | Chennai, Tamil Nadu, India | |||
| Skye Earth Developers Private Limited | ₹69.46 Cr (FY 2025) | 1.0% | Indore, Madhya Pradesh, India | |||
| Archon Buildtech Private Limited | ₹69.4 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| N J Devani Builders Pvt Ltdthis company | ₹69.36 Cr (FY 2025) | ₹1.47 Cr | 2.1% | 95.0% | 182 | Ahmedabad, Gujarat, India |
| Bellissimo Constructions and Developers Private Limited | ₹69.13 Cr (FY 2022) | 86.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of N J Devani Builders Pvt Ltd, buy the company report.
Auditor
N J Devani Builders Pvt Ltd is audited by B.H. MANGAROLIA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.H. MANGAROLIA & CO. | FY 2024 | 105972W |
Shareholding
The shareholding of N J Devani Builders Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of N J Devani Builders Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹9.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2023 | 100841738 | Others | ₹30 Cr | Open | |
| 01 Dec 2008 | 10132381 | Yes Bank Limited | ₹8 Cr | Satisfied | |
| 02 Nov 2006 | 10027397 | State Bank of India | ₹1.1 Cr | Satisfied | |
| 25 Mar 2006 | 10014963 | Icici Bank Ltd | ₹15.75 Lakh | Satisfied | |
| 25 Mar 2006 | 10019339 | Icici Bank Ltd | ₹16.46 Lakh | Satisfied |
To see the full charge records of N J Devani Builders Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
N J Devani Builders Pvt Ltd has 47 court cases on record: 19 filed by N J Devani Builders, 28 filed against it. 5 cases are pending and 42 are disposed.
Total cases
47
Filed by the company
19
Filed against the company
28
Pending
5
Disposed
42
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 22 | 3 |
| High courts | 19 | 6 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Sabarmati River Front Development Corporation Ltd. | Pending |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Sabarmati River Front Development Corporation Ltd. and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against New India Assurance Company Ltd and 6 others | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against M.D. & Appointing Authority, Hindustan Dorr Oliver Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Pending |
To see the full case history of N J Devani Builders Pvt Ltd, 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 N J Devani Builders Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
N J Devani Builders Pvt Ltd has a workforce of 182 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
182
Active EPFO establishments
1
Employee growth
9.64%
GST
N J Devani Builders has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN4952D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of N J Devani Builders Pvt Ltd, buy the company report.
Recent activity
N J Devani Builders Pvt Ltd has 8 board changes on record since 1982: 6 appointments and 2 cessations. The latest: Rampyare Rambachan Prajapati ceased to be Director on 16 Sep 2023.
AGM
N J Devani Builders Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
N J Devani Builders Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 3,000.00 Lakh registered on 16 Dec 2023 with Charge ID 100841738 was modified on 21 Feb 2025.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 100841738 was registered on 16 Dec 2023.
Ceased
Rampyare Rambachan Prajapati ceased to be Director.
Charges
A charge registered on 01 Dec 2008 via Charge ID 10132381 with Yes Bank Limited was fully satisfied on 31 Jan 2022.
Ceased
Vijay Nathalal Devani ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 800.00 Lakh registered on 01 Dec 2008 with Charge ID 10132381 was modified on 17 Jan 2014.
Appointed
Anand Anil Devani was appointed as Director.
Charges
A charge registered on 25 Mar 2006 via Charge ID 10020043 with Citi Bank N A was fully satisfied on 19 Jun 2009.
Charges
A charge registered on 02 Nov 2006 via Charge ID 10027397 with State Bank Of India was fully satisfied on 15 Jun 2009.
Charges
A charge registered on 25 Mar 2006 via Charge ID 10014963 with Icici Bank Ltd was fully satisfied on 21 Jan 2009.
16 earlier events are in the company report.
Frequently asked questions
N J Devani Builders is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 November 1982 (44+ years old) and is registered under CIN U45201GJ1982PTC005730.
N J Devani Builders has 6 current directors:
- Nathalal Jivraj Devani - Director
- Anand Anil Devani - Director
- Pritibala Anil Devani - Director
- Vijay Ramkrishna Vyas - Director
- Anil Nathalal Devani - Director
- Lilaben Nathalal Devani - Director
The latest financial statements of N J Devani Builders 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 2015 are in the company report.
The GSTIN of N J Devani Builders is 24AAACN4952D1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of N J Devani Builders is U45201GJ1982PTC005730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N J Devani Builders has 47 court cases on record: 19 filed by the company and 28 filed against it. 5 are pending. Most are in the district courts.
N J Devani Builders was incorporated on 30 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of N J Devani Builders by revenue are Meghmayur Reality Private Limited, Ratnapuri Constructions Private Limited, Skye Earth Developers Private Limited, Archon Buildtech Private Limited, Bellissimo Constructions and Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rampyare Rambachan Prajapati ceased to be Director on 16 Sep 2023. Vijay Nathalal Devani ceased to be Director on 27 Mar 2019. Anand Anil Devani was appointed as Director on 27 Sep 2012. N J Devani Builders has 8 board changes on record in total.
Yes, N J Devani Builders is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0058000).
N J Devani Builders can be reached through the website njdevani.com. Its registered office is in Ahmedabad, Gujarat, India.