Palak Realtech Private Limited
About Palak Realtech Private Limited
Data last updated:
Palak Realtech Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70102DL2010PTC200950. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harmesh Kumar and Bharat Kalra.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at A – 6 Yojna Vihar, Delhi, India – 110092.
As per the financials filed for FY 2016, the company reported a revenue of ₹45.17 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 4%) and EBITDA of ₹16.01 Lakh (EBITDA margin 35.4%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressA – 6 Yojna Vihar, Delhi, India – 110092
- 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
Business Activity of Palak Realtech Private Limited
The main business activity of Palak Realtech is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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.
Auditor Details of Palak Realtech Private Limited
Palak Realtech Private Limited is audited by R K GILL & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K GILL & 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 Palak Realtech Private Limited
Palak Realtech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmesh Kumar | Director | 08 Aug 2018 | 8 Years 1 Months | Current |
| Bharat Kalra | Director | 08 Jan 2018 | 8 Years 8 Months | Current |
Financials of Palak Realtech Private Limited FY 2016 filings available
Palak Realtech Private Limited reported revenue of ₹45.17 Lakh (down 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Palak Realtech Private Limited
Revenue fell 12% in the latest year. EBITDA rose 24% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Palak Realtech Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹45.17 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹16.01 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1.81 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 Palak Realtech Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35.4% | •••• |
| Net Profit Margin | 4% | •••• |
| 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 Palak Realtech 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.
Ownership and Shareholding of Palak Realtech 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 Palak Realtech Private Limited
Palak Realtech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palak Realtech Private Limited
Employment history and EPFO contributions of people linked to Palak Realtech.
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.
GST Compliance of Palak Realtech Private Limited
Palak Realtech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Credit Ratings, Litigation & Regulatory Alerts for Palak Realtech 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 Palak Realtech 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 Palak Realtech 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.
MCA Filings & Documents of Palak Realtech 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.
Recent Activity on Palak Realtech Private Limited
Frequently Asked Questions about Palak Realtech Private Limited
Palak Realtech is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 March 2010 (16+ years old) and is registered under CIN U70102DL2010PTC200950.
Palak Realtech reported revenue of ₹45.17 Lakh for FY 2016 (down 12% YoY).
Palak Realtech has 2 current directors:
- Harmesh Kumar - Director
- Bharat Kalra - Director
Palak Realtech reported a net profit of ₹1.81 Lakh (net margin 4%) and EBITDA of ₹16.01 Lakh (EBITDA margin 35.4%) for FY 2016, as per its filed financial statements.
No. Palak Realtech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Palak Realtech is U70102DL2010PTC200950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Realtech was incorporated on 30 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The registered office of Palak Realtech is at A – 6 Yojna Vihar, Delhi, India – 110092.
Palak Realtech has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.