About Nitco Realties Private Limited
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Nitco Realties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nitco Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165337. Its GSTIN is 27AAECM9308E1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2 Lakh. It was formerly known as Motivation Properties Private Limited. It is led by directors Vishwanath Lahu Katkar and Deepak Govind Thengal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Inside Municipal Asphalt Compound Recondo Compound S.K.Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.83 Cr (net margin -87.8%) and EBITDA of -₹4.2 Lakh (EBITDA margin -2%).
Its group structure includes 12 subsidiaries.
As per MCA filings, the company has open charges of ₹2,050 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitco.in.
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- Registered AddressInside Municipal Asphalt Compound Recondo Compound S.K.Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
- 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
Financials of Nitco Realties Private Limited FY 2025 filings available
Nitco Realties Private Limited reported revenue of ₹2.08 Cr (up 41481% YoY) for FY 2025.
Financial Statement Summary of Nitco Realties 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 | -₹4.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.83 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 of Nitco Realties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -87.8% | •••• | •••• | •••• | •••• |
| 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 Nitco Realties are in the company report.
Financial statements from 2015
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 Nitco Realties Private Limited
Nitco Realties 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 |
|---|---|---|---|---|---|---|
| Giriraj Apartments Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Vrindaban, Uttar Pradesh, India |
| MGTS Collective Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Mantra Lifestyle Homes Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | Jaipur, Rajasthan, India |
| Ess Kay Operations Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | New Delhi, Delhi, India |
| Deepak Land Promoters Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | •••• | Punjab, India | |
| Nitco Realties Private Limited this company | ₹2.08 Cr (FY 2025) | •••• | •••• | 41481.0% | •••• | Mumbai, Maharashtra, India |
| Impetus Infra Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Indore, Madhya Pradesh, India |
| Sheshan Housing and Area Development Engineers Limited | ₹2.08 Cr (FY 2021) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Vibol Properties Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Trishul Towers Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| PSJ Infrastructures Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nitco Realties 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.
Auditor Details of Nitco Realties Private Limited
Nitco Realties Private Limited is audited by Gopalakrishnan M and Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gopalakrishnan M and Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nitco Realties Private Limited
Nitco Realties has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Lahu Katkar Also directs: Ferocity Properties Private Limited, Delta Realties Limited, Jayem Real Estate Private Limited and 5 more | Director | 08 Nov 2017 | 8 Years 11 Months | Current |
| Deepak Govind Thengal Also directs: Saisha Natural Resources LLP, Vilasini Properties Private Limited, Dedicated Properties Private Limited and 5 more | Director | 26 Dec 2006 | 19 Years 9 Months | Current |
Ownership and Shareholding of Nitco Realties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nitco Realties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2024 | Others | ₹50 Cr | Open |
| 23 May 2024 | Others | ₹50 Cr | Open |
| 25 Apr 2024 | Others | ₹750 Cr | Open |
| 21 Feb 2024 | Others | ₹500 Cr | Open |
| 22 Jun 2018 | Idbi Trusteeship Services Limited | ₹700 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Nitco Realties Private Limited
Nitco Realties Private Limited has a workforce of 0 employees as of Oct 09, 2025.
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.
Group Structure of Nitco Realties Private Limited
Nitco Realties has 12 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Meghdoot Properties Private Limited | U45201MH2006PTC166528 | Locked |
| Maxwealth Properties Private Limited | U45201MH2007PTC174231 | Locked |
| Aileen Properties Private Limited | U45201MH2011PTC213316 | Locked |
| Feel Better Housing Private Limited | U45400MH2007PTC169306 | Locked |
| Opera Properties Private Limited | U70100MH1996PTC100383 | Locked |
| Ferocity Properties Private Limited | U70100MH2003PTC142221 | Locked |
Showing major subsidiaries. Total: 12.
News related to Nitco Realties Private Limited
Recent Activity on Nitco Realties Private Limited
Nitco Realties Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Vivek Prannath Talwar ceased to be Director on 22 Nov 2017.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nitco Realties 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 Nitco Realties 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 Nitco Realties 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 Nitco Realties Private Limited
Nitco Realties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM9308E1ZH | Maharashtra | Active | 06 Aug 2024 |
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 Nitco Realties 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 Nitco Realties Private Limited
Nitco Realties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 November 2006 (20+ years old) and is registered under CIN U45201MH2006PTC165337.
Nitco Realties reported revenue of ₹2.08 Cr for FY 2025 (up 41481% YoY).
Nitco Realties has 2 current directors:
- Vishwanath Lahu Katkar - Director
- Deepak Govind Thengal - Director
Nitco Realties reported a net loss of ₹1.83 Cr (net margin -87.8%) and EBITDA of -₹4.2 Lakh (EBITDA margin -2%) for FY 2025, as per its filed financial statements.
The GSTIN of Nitco Realties is 27AAECM9308E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nitco Realties is U45201MH2006PTC165337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitco Realties was incorporated on 01 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nitco Realties by revenue are Giriraj Apartments Private Limited, MGTS Collective Private Limited, Mantra Lifestyle Homes Private Limited, Ess Kay Operations Private Limited, Deepak Land Promoters Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vivek Prannath Talwar ceased to be Director on 22 Nov 2017. Vishwanath Lahu Katkar was appointed as Director on 08 Nov 2017. Manish Girdharilal Saraf ceased to be Director on 13 Jun 2017. Nitco Realties has 10 board changes on record in total.
Nitco Realties can be reached through the website nitco.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nitco Realties is at Inside Municipal Asphalt Compound Recondo Compound S.K.Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.