
About NCL Homes Limited
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NCL Homes Limited is a public limited company based in Secunderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45201TG1995PLC019407. Its GSTIN is 36AAACN8023F1ZP (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Ncl Homes Private Limited and Vamsee Developers Limited. It is led by directors including Satyanarayana Raju Penmetcha (Managing Director) and Vikranth Vasireddy (Whole-Time Director).
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 10 – 3 – 162 4th Floor Ncl Pearl Sarojini Devi Road East Maredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 7.2%) and EBITDA of ₹17.51 Cr (EBITDA margin 93.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 31% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NCL Homes. As per MCA filings, the company has open charges of ₹145.83 Cr and satisfied charges of ₹474.18 Cr on record. Court records list 20 cases involving the company, including 7 filed by the company and 13 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nclhomes.in.
Company details
Name history
NCL Homes has undergone 3 name changes throughout its history. The company was previously known as Ncl Homes Private Limited, Vamsee Developers Limited, and Vamsee Developers Private Limited. The current legal name is Ncl Homes Limited.
| Company Name | Status |
|---|---|
| NCL Homes Limited | Current |
| Ncl Homes Private Limited | Previous |
| Vamsee Developers Limited | Previous |
| Vamsee Developers Private Limited | Previous |
CIN history
NCL Homes has one previous CIN (Corporate Identification Number): U45201AP1995PLC019407. The current CIN is U45201TG1995PLC019407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201TG1995PLC019407 | Current |
| U45201AP1995PLC019407 | Previous |
Contact details
NCL Homes Limited's registered office is in Secunderabad, Telangana. Its website is nclhomes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10 – 3 – 162 4th Floor Ncl Pearl Sarojini Devi Road East Maredpally, Secunderabad, Telangana, India – 500026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of NCL Homes 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
NCL Homes operates one associated brand: NCL Homes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops premium villas with green features in Hyderabad for elite buyers. | nclhomes.in |
Business activity
The main business activity of NCL Homes 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 NCL Homes Limited, buy the company report.
Financials of NCL Homes Limited
FY 2024 filings availableNCL Homes Limited reported revenue of ₹18.67 Cr (up 598% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 598% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 27% 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 |
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| EBITDA | ₹17.51 Cr | ||||
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| Net Profit (PAT) | ₹1.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.8% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of NCL Homes Limited, buy the company report.
Board of directors of NCL Homes Limited
NCL Homes has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikranth Vasireddy | Whole-Time Director | 16 Dec 2016 | 9 Years 10 Months | Current |
| Desina Balarama Krishna Also directs: BK Corporate Consultants LLP, Gayatri Highways Limited, NSL Sugars (Tungabhadra) Limited and 3 more | Director | 30 Aug 2025 | 1 Years 2 Months | Current |
| Satyanarayana Raju Penmetcha Also directs: Brightgrid Technologies LLP, Alankritha Interio Limited | Managing Director | 04 May 1998 | 28 Years 6 Months | Current |
| Raghunath Guntupalli | Director | 04 May 1998 | 28 Years 6 Months | Current |
| Sarasuram Dendukuri Also directs: NCL Holdings (A&S) Limited, Blue Valley Developers Private Limited, North Bihar Highway Limited. and 2 more | Director | 30 Aug 2025 | 1 Years 2 Months | Current |
| Pooja Kalidindi | Director | 07 Jul 2017 | 9 Years 4 Months | Current |
Auditor
NCL Homes Limited is audited by SUBRAHMANYAM & SIVUDU for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBRAHMANYAM & SIVUDU | FY 2023 | 004100S |
Shareholding
The shareholding of NCL Homes 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 NCL Homes Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100863826 | Others | ₹25 Cr | Open | |
| 03 Nov 2023 | 100853245 | Hdfc Bank Limited | ₹32.89 Lakh | Open | |
| 18 Feb 2021 | 100453587 | Others | ₹120 Cr | Open | |
| 12 Nov 1998 | 90115745 | Vasavi Co-Operative Urban Bank Limited | ₹50 Lakh | Open | |
| 30 Sep 2020 | 100378468 | Others | ₹1.68 Cr | Satisfied |
To see the full charge records of NCL Homes Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
NCL Homes Limited has 20 court cases on record: 7 filed by NCL Homes, 13 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 3 |
| District courts | 9 | 5 | 3 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by M/S the Water Development Society | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by M/S.G Square Relators Pvt. Ltd., | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India and 7 others | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of NCL Homes 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 NCL Homes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NCL Homes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACN8023F1ZP | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NCL Homes Limited, buy the company report.
Recent activity
NCL Homes Limited has 11 board changes on record since 1998: 6 appointments and 5 cessations. The latest: Desina Balarama Krishna ceased to be Additional Director on 29 Sep 2025.
34 earlier events are in the company report.
Frequently asked questions
NCL Homes is an active public limited company based in Secunderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 February 1995 (31+ years old) and is registered under CIN U45201TG1995PLC019407.
NCL Homes has 6 current directors:
- Satyanarayana Raju Penmetcha - Managing Director
- Vikranth Vasireddy - Whole-Time Director
- Desina Balarama Krishna - Director
- Raghunath Guntupalli - Director
- Sarasuram Dendukuri - Director
- Pooja Kalidindi - Director
The latest financial statements of NCL Homes 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 NCL Homes is 36AAACN8023F1ZP, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of NCL Homes is U45201TG1995PLC019407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NCL Homes has 20 court cases on record: 7 filed by the company and 13 filed against it. 6 are pending. Most are in the high courts.
NCL Homes was incorporated on 09 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
Desina Balarama Krishna ceased to be Additional Director on 29 Sep 2025. Sarasuram Dendukuri ceased to be Additional Director on 29 Sep 2025. Desina Balarama Krishna was appointed as Director on 30 Aug 2025. NCL Homes has 11 board changes on record in total.
NCL Homes can be reached through the website nclhomes.in. Its registered office is in Secunderabad, Telangana, India.
The registered office of NCL Homes is at 10 – 3 – 162 4th Floor Ncl Pearl Sarojini Devi Road East Maredpally, Secunderabad, Telangana, India – 500026.

