NRD Developers Private Limited
About NRD Developers Private Limited
Data last updated:
NRD Developers Private Limited is a private limited company based in Panaji, Goa, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U45209GA2021PTC014743.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umesh Narayan Dhavalikar and Sachi Umesh Dhavalikar.
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 P – 4 Fourth Floor Silvio Heights Opp. Govt. Quarters St. Inez, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.34 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹23.07 Lakh (net margin -9.9%) and EBITDA of -₹11.2 Lakh (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
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- Registered AddressP – 4 Fourth Floor Silvio Heights Opp. Govt. Quarters St. Inez, Panaji, Goa, India – 403001
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Business Activity of NRD Developers Private Limited
The main business activity of NRD Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of NRD Developers Private Limited FY 2025 filings available
NRD Developers Private Limited reported revenue of ₹2.34 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of NRD Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 48% fall in the latest year. EBITDA fell 122% 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 of NRD Developers 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 | -₹11.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.07 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 of NRD Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.9% | •••• | •••• | •••• | •••• |
| 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 NRD Developers are in the company report.
Financial statements from FY 2021
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 NRD Developers Private Limited
NRD Developers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saras Engineering and Projects Private Limited | ₹2.34 Cr (FY 2019) | •••• | •••• | 27.0% | •••• | Secunderabad, Telangana, India |
| Jayesh Realty Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Kolkata, West Bengal, India |
| Sayoojyam Constructions Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Jamnagar, Gujarat, India |
| Binaya Infratech Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kanpur, Uttar Pradesh, India |
| Smartspaces Dwelling Private Limited | ₹2.34 Cr (FY 2022) | •••• | •••• | -62.0% | •••• | Bangalore, Karnataka, India |
| NRD Developers Private Limited this company | ₹2.34 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Panaji, Goa, India |
| Saikrishna Hydraulics Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 271.0% | •••• | Bhiwandi, Maharashtra, India |
| Avant Construction Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Aadwik Infrabuild Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Vadodara, Gujarat, India |
| Erito Power and Infra Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Delhi, India |
| Pusa Infratech Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below NRD Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of NRD Developers Private Limited
NRD Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Narayan Dhavalikar | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
| Sachi Umesh Dhavalikar | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
Charges & Borrowings of NRD Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2023 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at NRD Developers Private Limited
Employment history and EPFO contributions of people linked to NRD Developers.
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.
Recent Activity on NRD Developers Private Limited
NRD Developers Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Savani Umesh Dhavalikar ceased to be Director on 07 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for NRD Developers 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 NRD Developers 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 NRD Developers 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 NRD Developers Private Limited
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 NRD Developers 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 NRD Developers Private Limited
NRD Developers is an active private limited company based in Panaji, Goa, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U45209GA2021PTC014743.
NRD Developers reported revenue of ₹2.34 Cr for FY 2025 (down 48% YoY).
NRD Developers has 2 current directors:
- Umesh Narayan Dhavalikar - Director
- Sachi Umesh Dhavalikar - Director
NRD Developers reported a net loss of ₹23.07 Lakh (net margin -9.9%) and EBITDA of -₹11.2 Lakh (EBITDA margin -4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of NRD Developers is -10% over three years. In the latest year (FY 2025) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of NRD Developers is U45209GA2021PTC014743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NRD Developers was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Goa.
The peers of NRD Developers by revenue are Saras Engineering and Projects Private Limited, Jayesh Realty Private Limited, Sayoojyam Constructions Private Limited, Binaya Infratech Private Limited, Smartspaces Dwelling Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Savani Umesh Dhavalikar ceased to be Director on 07 Aug 2023. Sachi Umesh Dhavalikar was appointed as Director on 22 Mar 2021. Umesh Narayan Dhavalikar was appointed as Director on 22 Mar 2021.
The registered office of NRD Developers is at P – 4 Fourth Floor Silvio Heights Opp. Govt. Quarters St. Inez, Panaji, Goa, India – 403001.
NRD Developers has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.