About Navkar Groups Private Limited
Data last updated:
Navkar Groups Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 September 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC222347. Its GSTIN is 27AADCN7519D2ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Sadashiv Samant and Ravindra Baikuthanath Chaturvedi (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 601 Vastu Residency Behind Nancy Colony Borivali East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2021, the company reported a revenue of ₹34.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.27 Lakh (net margin -15.1%) and EBITDA of ₹52,532 (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹23.38 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 2 cases are pending.
The last known website on record is navkargroups.com.
Company details
Contact details
Navkar Groups Private Limited's registered office is in Mumbai, Maharashtra. Its website is navkargroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601 Vastu Residency Behind Nancy Colony Borivali East, Mumbai, Maharashtra, India – 400066
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Navkar Groups Private 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
Financials of Navkar Groups Private Limited
FY 2021 filings availableNavkar Groups Private Limited reported revenue of ₹34.86 Lakh (up 507% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 507% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. EBITDA fell 61% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52,532 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.27 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -15.1% | ||||
| 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 Navkar Groups Private Limited, buy the company report.
Board of directors of Navkar Groups Private Limited
Navkar Groups has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sadashiv Samant Also directs: Navkar Next Realty Private Limited | Director | 23 Sep 2011 | 15 Years 1 Months | As last reported |
| Ravindra Baikuthanath Chaturvedi | Irp/Rp/Liquidator | 25 Mar 2023 | 3 Years 7 Months | As last reported |
| Sachin Pravin Gosar | Director | 23 Sep 2011 | 15 Years 1 Months | As last reported |
Peer comparison
Navkar Groups Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KMC Infrastructure Private Limited | ₹34.95 Lakh (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Jai Maa Vaishno Construction Private Limited | ₹34.94 Lakh (FY 2025) | -91.0% | Jhansi, Uttar Pradesh, India | |||
| Easypath Marketing Private Limited | ₹34.93 Lakh (FY 2024) | -56.0% | Indore, Madhya Pradesh, India | |||
| Manaraah Services Private Limited | ₹34.92 Lakh (FY 2023) | 21.0% | Bangalore, Karnataka, India | |||
| Triple Ar Infrazone Private Limited | ₹34.9 Lakh (FY 2020) | -60.0% | Lucknow, Uttar Pradesh, India | |||
| Navkar Groups Private Limitedthis company | ₹34.86 Lakh (FY 2021) | -₹5.27 Lakh | -15.1% | 507.0% | Mumbai, Maharashtra, India | |
| Kra Infrastructure Developers Private Limited | ₹34.85 Lakh (FY 2025) | -80.0% | Ramesh Nagar, Delhi, India | |||
| Madhur Milan Realty Private Limited | ₹34.81 Lakh (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| Brightex Infratech Solutions Private Limited | ₹34.81 Lakh (FY 2024) | -74.0% | Bhopal, Madhya Pradesh, India | |||
| Brightstar Pvt Ltd | ₹34.81 Lakh (FY 2025) | 3.0% | Bhubaneswar, Odisha, India | |||
| Aadarshvihar Consultants India Private Limited | ₹34.8 Lakh (FY 2025) | -81.0% | Patna, Bihar, India |
To see the full peer comparison of Navkar Groups Private Limited, buy the company report.
Auditor
Navkar Groups Private Limited is audited by SHAH & RAMAIYA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & RAMAIYA | FY 2021 | 126489W |
Shareholding
The shareholding of Navkar Groups Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Navkar Groups Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2018 | 100204315 | Others | ₹20 Cr | Open | |
| 10 Dec 2015 | 10614689 | Dewan Housing Finance Corporation Limited | ₹3.38 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Navkar Groups Private Limited has 9 court cases on record: 1 filed by Navkar Groups, 8 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 0 |
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Piramal Capital and Housing Finance Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Piramal Capital & Housing Financelimited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Anr | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
To see the full case history of Navkar Groups Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navkar Groups Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Navkar Groups has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Navkar Groups has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN7519D2ZH | Maharashtra | Active | 04 Feb 2018 |
To see the full GST registrations and return filing status of Navkar Groups Private Limited, buy the company report.
Recent activity
Navkar Groups Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Ravindra Baikuthanath Chaturvedi was appointed as Irp/Rp/Liquidator on 25 Mar 2023.
Frequently asked questions
Navkar Groups is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Navkar Groups is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 September 2011 and is registered under CIN U45400MH2011PTC222347. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Navkar Groups has 3 current directors:
- Sanjay Sadashiv Samant - Director
- Sachin Pravin Gosar - Director
- Ravindra Baikuthanath Chaturvedi - Irp/Rp/Liquidator
The latest financial statements of Navkar Groups on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Navkar Groups is U45400MH2011PTC222347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navkar Groups has open charges of ₹23.38 Cr and no satisfied charges on record as per latest MCA filings.
Navkar Groups has 9 court cases on record: 1 filed by the company and 8 filed against it. 2 are pending. Most are in the nclat.
Navkar Groups was incorporated on 23 September 2011. It is registered with the Registrar of Companies, Mumbai.
The peers of Navkar Groups by revenue are KMC Infrastructure Private Limited, Jai Maa Vaishno Construction Private Limited, Easypath Marketing Private Limited, Manaraah Services Private Limited, Triple Ar Infrazone Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Ravindra Baikuthanath Chaturvedi was appointed as Irp/Rp/Liquidator on 25 Mar 2023. Sachin Pravin Gosar was appointed as Director on 23 Sep 2011. Sanjay Sadashiv Samant was appointed as Director on 23 Sep 2011.
Navkar Groups can be reached through the website navkargroups.com. Its registered office is in Mumbai, Maharashtra, India.
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