- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0009207

Northstone Builders and Developers Private Limited
About Northstone Builders and Developers Private Limited
Data last updated:
Northstone Builders and Developers Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2008PTC022502. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.5 Lakh. It is led by directors including Raju Iyochan Chettuparambil (Managing Director) and Nair Ramankutty Murleedharan.
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 Xvii/658 Post Office Road Tripunithura, Kochi, Kerala, India – 682301.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.95 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.46 Cr (net margin -75.1%) and EBITDA of -₹10.92 Lakh (EBITDA margin -5.6%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 41% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.09 Cr and satisfied charges of ₹7 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 3 cases are pending.
Northstone Builders and Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0009207). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Northstone Builders and Developers
Contact details
Northstone Builders and Developers Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressXvii/658 Post Office Road Tripunithura, Kochi, Kerala, India – 682301
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Northstone Builders and Developers 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
Business activity
The main business activity of Northstone Builders and Developers 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 Northstone Builders and Developers Private Limited, buy the company report.
Financials of Northstone Builders and Developers Private Limited
FY 2025 filings availableNorthstone Builders and Developers Private Limited reported revenue of ₹1.95 Cr (down 67% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 67% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.95 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹10.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.46 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.6% | ||||
| Net Profit Margin | -75.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Northstone Builders and Developers Private Limited, buy the company report.
Board of directors of Northstone Builders and Developers Private Limited
Northstone Builders and Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nair Ramankutty Murleedharan Also directs: Cenova Developers LLP, Mediwing Pharmaceuticals Private Limited | Director | 03 Oct 2009 | 17 Years 0 Months | Current |
| Olivet John Varghese | Director | 27 May 2008 | 18 Years 4 Months | Current |
| Raju Iyochan Chettuparambil | Managing Director | 27 May 2008 | 18 Years 4 Months | Current |
Auditor
Northstone Builders and Developers Private Limited is audited by NAMBIAR & THOMAS for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAMBIAR & THOMAS | FY 2020 | 002312S |
Shareholding
The shareholding of Northstone Builders and Developers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Northstone Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2023 | 100670555 | Others | ₹1.5 Cr | Open | |
| 24 Dec 2014 | 10543296 | Icici Bank Limited | ₹16.77 Lakh | Open | |
| 12 Mar 2014 | 10501233 | The South Indian Bank Limited | ₹1.1 Cr | Open | |
| 12 Dec 2012 | 10401374 | Ing Vysya Bank Limited | ₹9 Lakh | Open | |
| 30 Jun 2012 | 10371814 | Ing Vysya Bank Limited | ₹23.2 Lakh | Open |
To see the full charge records of Northstone Builders and Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Northstone Builders and Developers Private Limited has 21 court cases on record: 10 filed by Northstone Builders and Developers, 11 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 2 |
| High courts | 8 | 0 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Kitco Ltd and 1 other | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Ultratech Cement Ltd | Pending |
| High Court of Kerala | Writ petition | Filed by the company against The South Indian Bank , | Disposed |
| High Court | Writ petition | Filed by the company against Kitco Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Schindler India Pvt.Ltd. | Disposed |
To see the full case history of Northstone Builders and Developers 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.
Credit ratings & regulatory alerts
Northstone Builders and Developers Private Limited was last rated by Crisil on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of Northstone Builders and Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Northstone Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Northstone Builders and Developers Private Limited has a workforce of 5 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Northstone Builders and Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Northstone Builders and Developers Private Limited, buy the company report.
Recent activity
Northstone Builders and Developers Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Raju Iyochan Chettuparambil ceased to be Director on 18 May 2020.
8 earlier events are in the company report.
Frequently asked questions
Northstone Builders and Developers is an active private limited company based in Kochi, Kerala, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U45200KL2008PTC022502.
Northstone Builders and Developers has 3 current directors:
- Raju Iyochan Chettuparambil - Managing Director
- Nair Ramankutty Murleedharan - Director
- Olivet John Varghese - Director
The latest financial statements of Northstone Builders and 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 2015 are in the company report.
No. Northstone Builders and Developers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Northstone Builders and Developers is U45200KL2008PTC022502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northstone Builders and Developers has 21 court cases on record: 10 filed by the company and 11 filed against it. 3 are pending. Most are in the district courts.
Northstone Builders and Developers was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Raju Iyochan Chettuparambil ceased to be Director on 18 May 2020. Thampan Varghese ceased to be Managing Director on 22 Feb 2020. Joshy Kandathil Varkey ceased to be Additional Director on 27 Sep 2017. Northstone Builders and Developers has 8 board changes on record in total.
Yes, Northstone Builders and Developers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0009207).
The registered office of Northstone Builders and Developers is at Xvii658 Post Office Road Tripunithura, Kochi, Kerala, India – 682301.