- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0001893

About Pansari Developers Limited
Data last updated:
Pansari Developers Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L72200WB1996PLC079438. Its GSTIN is 19AABCP6809N1ZV (West Bengal). The company holds 2 GST registrations, all of them active. Its shares are listed on BSE: 538381 and NSE: PANSARI.
The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹17.45 Cr. It is led by directors including Mahesh Kumar Agarwal (Managing Director) and Ankit Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 N. S. Road 4th Floor, Kolkata, West Bengal, India – 700001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹96.1 Cr, a growth of 140.4% compared to the previous year. For the same year it recorded a net profit of ₹19.89 Cr (net margin 20.7%) and EBITDA of ₹14.82 Cr (EBITDA margin 15.4%). The net worth stands at ₹154.19 Cr (up 14.9% YoY). Total assets are valued at ₹258.48 Cr (up 4.1% YoY).
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹81.4 Cr and satisfied charges of ₹70.65 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 4 cases are pending. The company has 23 deals on record (20 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is DMD Developers Private Limited with revenue of ₹44.99 Cr.
Pansari Developers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0001893). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pansaridevelopers.com.
Recognitions & Rankings of Pansari Developers
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address14 N. S. Road 4th Floor, Kolkata, West Bengal, India – 700001
- 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 Pansari Developers Limited
The main business activity of Pansari 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 Pansari Developers Limited FY 2025-26 filings available
Pansari Developers Limited reported revenue of ₹96.1 Cr (up 140.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 96.10 | 39.97 | 56.49 | 23.18 | 60.25 | 36.10 | 34.80 |
| Revenue growth | +140.4% | -29.2% | +143.7% | -61.5% | +66.9% | +3.7% | - |
| EBITDA | 14.82 | 12.61 | 7.32 | 4.56 | 7.69 | 9.18 | 7.24 |
| EBITDA margin | +15.4% | +31.6% | +13.0% | +19.7% | +12.8% | +25.4% | +20.8% |
| Profit before tax | 26.05 | 10.05 | 6.20 | 2.72 | 4.85 | 4.94 | 3.79 |
| Net profit | 19.89 | 7.49 | 5.11 | 1.94 | 3.64 | 3.75 | 2.48 |
| Net profit margin | +20.7% | +18.7% | +9.1% | +8.4% | +6.0% | +10.4% | +7.1% |
| EPS (₹) | 11.40 | 4.30 | 2.98 | 1.15 | 2.09 | 2.15 | 1.58 |
| Balance sheet | |||||||
| Total assets | 258 | 248 | 227 | 217 | 188 | 193 | 143 |
| Net worth | 154 | 134 | 127 | 121 | 119 | 111 | 59.91 |
| Total debt | 100 | 101 | 86.11 | 81.49 | 54.17 | 62.02 | 73.59 |
| Cash & bank | 2.96 | 2.19 | 2.62 | 0.80 | 1.11 | 2.28 | 1.30 |
| Net working capital | 150 | 136 | 109 | 118 | 94.88 | 102 | 104 |
| Cash flow | |||||||
| Cash from operations | (8.90) | (16.37) | 11.18 | (21.61) | 9.97 | 20.33 | 4.92 |
| Cash from investing | 14.85 | 5.35 | (9.58) | (5.22) | 0.13 | (4.27) | (5.43) |
| Cash from financing | (5.18) | 10.58 | 0.23 | 26.52 | (11.26) | (15.08) | 0.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.65 | 13.58 | 37.21 | 27.57 | 17.74 | 18.68 | 21.30 | 9.47 |
| Revenue growth (YoY) | -17.4% | -27.3% | +74.7% | +191.1% | +132.5% | - | - | - |
| Other income | 2.49 | 13.41 | 1.51 | 2.10 | 1.17 | 2.29 | 2.58 | 1.14 |
| EBITDA | 3.80 | (0.32) | 5.46 | 4.05 | 5.63 | 6.75 | 5.86 | 2.01 |
| EBITDA margin | +25.9% | -2.4% | +14.7% | +14.7% | +31.7% | +36.1% | +27.5% | +21.2% |
| Depreciation | 0.55 | 0.57 | 0.56 | 0.59 | 0.71 | 0.21 | 2.97 | 0.99 |
| Interest | 0.53 | 2.39 | 0.68 | 0.59 | 0.85 | 1.47 | 2.79 | 0.97 |
| Profit before tax | 5.21 | 10.13 | 5.73 | 4.97 | 5.24 | 7.36 | 2.68 | 1.19 |
| Tax | 1.23 | 1.86 | 1.49 | 1.71 | 1.10 | 1.98 | 0.57 | 0.28 |
| Net profit | 3.98 | 8.27 | 4.24 | 3.26 | 4.14 | 5.38 | 2.11 | 0.91 |
| EPS (₹) | 2.28 | 4.73 | 2.43 | 1.87 | 2.37 | 3.09 | 1.21 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 96.09 | 36.47 | 53.40 | 23.01 | 37.15 | 26.82 | 34.80 |
| Revenue growth | +163.5% | -31.7% | +132.1% | -38.1% | +38.5% | -22.9% | - |
| EBITDA | 12.80 | 12.50 | 6.97 | 4.10 | 6.29 | 6.50 | 6.44 |
| EBITDA margin | +13.3% | +34.3% | +13.1% | +17.8% | +16.9% | +24.2% | +18.5% |
| Profit before tax | 25.54 | 9.98 | 6.11 | 2.67 | 4.65 | 4.50 | 3.77 |
| Net profit | 19.62 | 7.49 | 5.10 | 1.94 | 3.62 | 3.50 | 2.46 |
| Net profit margin | +20.4% | +20.5% | +9.6% | +8.4% | +9.7% | +13.1% | +7.1% |
| EPS (₹) | 11.24 | 4.30 | 2.98 | 1.15 | 2.09 | 2.14 | 1.58 |
| Balance sheet | |||||||
| Total assets | 225 | 219 | 205 | 195 | 171 | 111 | 119 |
| Net worth | 154 | 134 | 127 | 121 | 119 | 63.64 | 59.91 |
| Total debt | 66.83 | 71.91 | 63.95 | 59.63 | 36.92 | 39.37 | 49.61 |
| Cash & bank | 1.92 | 0.12 | 0.95 | 0.63 | 0.78 | 1.95 | 0.98 |
| Net working capital | 128 | 113 | 90.25 | 99.81 | 80.49 | 71.05 | 80.38 |
| Cash flow | |||||||
| Cash from operations | (11.72) | (12.59) | 9.32 | (16.15) | 3.61 | 16.11 | 5.96 |
| Cash from investing | 20.92 | 7.72 | (9.19) | (6.33) | 0.33 | (1.41) | (4.60) |
| Cash from financing | (7.40) | 4.04 | 0.19 | 22.33 | (5.11) | (13.74) | (1.76) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.65 | 13.58 | 37.20 | 27.57 | 17.74 | 18.63 | 17.84 | 6.07 |
| Revenue growth (YoY) | -17.4% | -27.1% | +108.5% | +354.2% | +134.4% | - | - | - |
| Other income | 2.27 | 12.63 | 1.76 | 2.05 | 1.07 | 1.81 | 2.78 | 1.16 |
| Total expenses | 10.84 | 15.72 | 31.96 | 23.52 | 12.10 | 12.17 | 11.82 | 4.00 |
| EBITDA | 3.81 | (2.14) | 5.24 | 4.05 | 5.64 | 6.46 | 6.02 | 2.07 |
| EBITDA margin | +26.0% | -15.8% | +14.1% | +14.7% | +31.8% | +34.7% | +33.7% | +34.1% |
| Depreciation | 0.55 | 0.57 | 0.56 | 0.59 | 0.71 | 0.21 | 2.97 | 0.99 |
| Interest | 0.44 | 0.25 | 0.75 | 0.57 | 0.75 | 1.15 | 2.77 | 1.07 |
| Profit before tax | 5.09 | 9.67 | 5.69 | 4.94 | 5.25 | 6.91 | 3.06 | 1.17 |
| Tax | 1.12 | 1.69 | 1.45 | 1.68 | 1.10 | 1.84 | 0.63 | 0.26 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.65 | 13.58 | 37.21 | 27.57 | 17.74 | 18.68 | 21.30 | 9.47 |
| Revenue growth (YoY) | -17.4% | -27.3% | +74.7% | +191.1% | +132.5% | - | - | - |
| Other income | 2.49 | 13.41 | 1.51 | 2.10 | 1.17 | 2.29 | 2.58 | 1.14 |
| EBITDA | 3.80 | (0.32) | 5.46 | 4.05 | 5.63 | 6.75 | 5.86 | 2.01 |
| EBITDA margin | +25.9% | -2.4% | +14.7% | +14.7% | +31.7% | +36.1% | +27.5% | +21.2% |
| Depreciation | 0.55 | 0.57 | 0.56 | 0.59 | 0.71 | 0.21 | 2.97 | 0.99 |
| Interest | 0.53 | 2.39 | 0.68 | 0.59 | 0.85 | 1.47 | 2.79 | 0.97 |
| Profit before tax | 5.21 | 10.13 | 5.73 | 4.97 | 5.24 | 7.36 | 2.68 | 1.19 |
| Tax | 1.23 | 1.86 | 1.49 | 1.71 | 1.10 | 1.98 | 0.57 | 0.28 |
| Net profit | 3.98 | 8.27 | 4.24 | 3.26 | 4.14 | 5.38 | 2.11 | 0.91 |
| EPS (₹) | 2.28 | 4.73 | 2.43 | 1.87 | 2.37 | 3.09 | 1.21 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 96.10 | 39.97 | 56.49 | 23.18 | 60.25 | 36.10 | 34.80 |
| Revenue growth | +140.4% | -29.2% | +143.7% | -61.5% | +66.9% | +3.7% | - |
| Other income | 18.18 | 4.87 | 5.19 | 0.81 | 0.37 | 0.60 | 0.66 |
| Total expenses | 81.28 | 27.36 | 49.17 | 18.62 | 52.56 | 26.92 | 27.56 |
| Employee cost | 0.00 | 0.77 | 0.96 | 0.86 | 0.75 | 0.56 | 0.94 |
| EBITDA | 14.82 | 12.61 | 7.32 | 4.56 | 7.69 | 9.18 | 7.24 |
| EBITDA margin | +15.4% | +31.6% | +13.0% | +19.7% | +12.8% | +25.4% | +20.8% |
| Depreciation | 2.44 | 3.17 | 1.92 | 1.86 | 1.83 | 1.19 | 1.19 |
| Interest | 4.51 | 4.26 | 4.39 | 0.79 | 1.38 | 3.65 | 2.92 |
| Profit before tax | 26.05 | 10.05 | 6.20 | 2.72 | 4.85 | 4.94 | 3.79 |
| Tax | 6.16 | 2.54 | 0.98 | 0.70 | 1.21 | 1.19 | 1.02 |
| Net profit | 19.89 | 7.49 | 5.11 | 1.94 | 3.64 | 3.75 | 2.48 |
| Net profit margin | +20.7% | +18.7% | +9.1% | +8.4% | +6.0% | +10.4% | +7.1% |
| EPS (₹) | 11.40 | 4.30 | 2.98 | 1.15 | 2.09 | 2.15 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 |
| Reserves & surplus | 137 | 117 | 109 | 104 | 102 | 93.41 | 42.46 |
| Shareholders' funds (net worth) | 154 | 134 | 127 | 121 | 119 | 111 | 59.91 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 53.15 | 57.75 | 49.12 | 46.58 | 18.54 | 19.46 | 23.17 |
| Unsecured loans | 47.13 | 43.20 | 36.99 | 34.91 | 35.63 | 42.56 | 50.42 |
| Total debt | 100 | 101 | 86.11 | 81.49 | 54.17 | 62.02 | 73.59 |
| Total liabilities | 258 | 248 | 227 | 217 | 188 | 193 | 143 |
| Assets | |||||||
| Gross block | 109 | 105 | 103 | 83.09 | 81.66 | 81.70 | 35.73 |
| Net block | 86.35 | 91.87 | 92.99 | 74.50 | 74.75 | 76.53 | 31.82 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 12.85 | 8.64 | 8.59 | 8.75 | 8.93 | 3.31 | 0.52 |
| Inventories | 183 | 163 | 108 | 120 | 103 | 133 | 133 |
| Sundry debtors | 4.57 | 7.04 | 14.28 | 3.61 | 2.26 | 5.85 | 3.75 |
| Cash & bank balances | 2.96 | 2.19 | 2.62 | 0.80 | 1.11 | 2.28 | 1.30 |
| Loans & advances | 185 | 126 | 83.14 | 64.43 | 20.12 | 14.17 | 30.59 |
| Total current assets | 376 | 298 | 208 | 188 | 127 | 155 | 169 |
| Total current liabilities | 226 | 162 | 99.29 | 70.06 | 32.01 | 53.34 | 64.21 |
| Net working capital | 150 | 136 | 109 | 118 | 94.88 | 102 | 104 |
| Total assets | 258 | 248 | 227 | 217 | 188 | 193 | 143 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.19 | 2.62 | 0.80 | 1.11 | 2.28 | 1.30 | 1.53 |
| Net cash from operating activities | (8.90) | (16.37) | 11.18 | (21.61) | 9.97 | 20.33 | 4.92 |
| Net cash from investing activities | 14.85 | 5.35 | (9.58) | (5.22) | 0.13 | (4.27) | (5.43) |
| Net cash from financing activities | (5.18) | 10.58 | 0.23 | 26.52 | (11.26) | (15.08) | 0.27 |
| Net change in cash | 0.77 | (0.43) | 1.83 | (0.31) | (1.17) | 0.98 | (0.23) |
| Closing cash | 2.96 | 2.19 | 2.62 | 0.80 | 1.11 | 2.28 | 1.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +140.4% | -29.2% | +143.7% | -61.5% | +66.9% | +3.7% | - |
| EBITDA growth | +17.5% | +72.3% | +60.5% | -40.7% | -16.2% | +26.8% | - |
| PBT growth | +159.2% | +62.1% | +127.9% | -43.9% | -1.8% | +30.3% | +54.7% |
| Net income growth | +165.6% | +46.6% | +163.4% | -46.7% | -2.9% | +51.2% | - |
| Revenue CAGR (3Y) | +60.7% | -12.8% | +16.1% | -12.7% | +81.6% | +79.3% | +128.9% |
| EBITDA CAGR (3Y) | +48.1% | +17.9% | -7.3% | -14.3% | +62.6% | +41.1% | +62.4% |
| Profitability & leverage | |||||||
| Net income margin | +20.7% | +18.8% | +9.2% | +8.7% | +6.0% | +10.4% | +8.0% |
| Return on capital employed | - | +7.3% | +5.9% | +1.9% | +3.3% | +5.1% | +4.7% |
| Return on net worth | - | +8.5% | +6.4% | +2.0% | +3.2% | +4.4% | +4.7% |
| Debt / equity | - | 1.07 | 1.03 | 0.69 | 0.50 | 0.79 | 1.22 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.05 | 0.21 | 0.40 |
| Interest cover | 36.43 | 45.13 | 81.30 | 29.26 | 23.55 | 45.68 | 48.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.65 | 1.13 | 0.38 | 0.74 | 0.61 | 1.10 |
| Inventory turnover | - | 0.30 | 0.50 | 0.21 | 0.51 | 0.27 | 0.25 |
| Debtors turnover | - | 3.75 | 6.32 | 7.90 | 14.86 | 7.52 | 6.58 |
| EPS (₹) | 11.40 | 4.30 | 2.98 | 1.15 | 2.09 | 2.15 | 1.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 52.48 | 48.13 | 44.78 | 68.41 | 63.54 | 34.34 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.65 | 13.58 | 37.20 | 27.57 | 17.74 | 18.63 | 17.84 | 6.07 |
| Revenue growth (YoY) | -17.4% | -27.1% | +108.5% | +354.2% | +134.4% | - | - | - |
| Other income | 2.27 | 12.63 | 1.76 | 2.05 | 1.07 | 1.81 | 2.78 | 1.16 |
| Total expenses | 10.84 | 15.72 | 31.96 | 23.52 | 12.10 | 12.17 | 11.82 | 4.00 |
| EBITDA | 3.81 | (2.14) | 5.24 | 4.05 | 5.64 | 6.46 | 6.02 | 2.07 |
| EBITDA margin | +26.0% | -15.8% | +14.1% | +14.7% | +31.8% | +34.7% | +33.7% | +34.1% |
| Depreciation | 0.55 | 0.57 | 0.56 | 0.59 | 0.71 | 0.21 | 2.97 | 0.99 |
| Interest | 0.44 | 0.25 | 0.75 | 0.57 | 0.75 | 1.15 | 2.77 | 1.07 |
| Profit before tax | 5.09 | 9.67 | 5.69 | 4.94 | 5.25 | 6.91 | 3.06 | 1.17 |
| Tax | 1.12 | 1.69 | 1.45 | 1.68 | 1.10 | 1.84 | 0.63 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 96.09 | 36.47 | 53.40 | 23.01 | 37.15 | 26.82 | 34.80 |
| Revenue growth | +163.5% | -31.7% | +132.1% | -38.1% | +38.5% | -22.9% | - |
| Other income | 17.51 | 4.58 | 5.19 | 0.80 | 0.81 | 1.38 | 0.64 |
| Total expenses | 83.29 | 23.97 | 46.43 | 18.91 | 30.86 | 20.32 | 28.36 |
| Employee cost | 0.00 | 0.77 | 0.96 | 0.86 | 0.68 | 0.44 | 0.81 |
| EBITDA | 12.80 | 12.50 | 6.97 | 4.10 | 6.29 | 6.50 | 6.44 |
| EBITDA margin | +13.3% | +34.3% | +13.1% | +17.8% | +16.9% | +24.2% | +18.5% |
| Depreciation | 2.44 | 3.17 | 1.92 | 1.86 | 1.82 | 1.19 | 1.19 |
| Interest | 2.33 | 3.93 | 4.13 | 0.37 | 0.63 | 2.19 | 2.12 |
| Profit before tax | 25.54 | 9.98 | 6.11 | 2.67 | 4.65 | 4.50 | 3.77 |
| Tax | 5.92 | 2.47 | 0.90 | 0.65 | 1.01 | 0.77 | 1.02 |
| Net profit | 19.62 | 7.49 | 5.10 | 1.94 | 3.62 | 3.50 | 2.46 |
| Net profit margin | +20.4% | +20.5% | +9.6% | +8.4% | +9.7% | +13.1% | +7.1% |
| EPS (₹) | 11.24 | 4.30 | 2.98 | 1.15 | 2.09 | 2.14 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 | 17.45 |
| Reserves & surplus | 136 | 117 | 109 | 104 | 102 | 46.19 | 42.46 |
| Shareholders' funds (net worth) | 154 | 134 | 127 | 121 | 119 | 63.64 | 59.91 |
| Secured loans | 53.15 | 57.75 | 49.12 | 46.57 | 18.54 | 13.97 | 25.66 |
| Unsecured loans | 13.68 | 14.16 | 14.83 | 13.06 | 18.38 | 25.40 | 23.95 |
| Total debt | 66.83 | 71.91 | 63.95 | 59.63 | 36.92 | 39.37 | 49.61 |
| Total liabilities | 225 | 219 | 205 | 195 | 171 | 111 | 119 |
| Assets | |||||||
| Gross block | 99.79 | 103 | 103 | 83.05 | 81.62 | 36.94 | 35.70 |
| Net block | 78.74 | 89.65 | 92.93 | 74.49 | 74.74 | 31.86 | 31.80 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 12.92 | 8.71 | 8.61 | 8.65 | 8.79 | 0.56 | 0.57 |
| Inventories | 79.54 | 98.08 | 76.69 | 94.93 | 86.16 | 96.31 | 103 |
| Sundry debtors | 0.42 | 0.24 | 4.64 | 3.61 | 2.26 | 5.85 | 3.74 |
| Cash & bank balances | 1.92 | 0.12 | 0.95 | 0.63 | 0.78 | 1.95 | 0.98 |
| Loans & advances | 105 | 100 | 60.81 | 60.46 | 18.02 | 13.77 | 21.43 |
| Total current assets | 186 | 199 | 143 | 160 | 107 | 118 | 129 |
| Total current liabilities | 58.54 | 86.32 | 52.84 | 59.82 | 26.73 | 46.83 | 49.02 |
| Net working capital | 128 | 113 | 90.25 | 99.81 | 80.49 | 71.05 | 80.38 |
| Total assets | 225 | 219 | 205 | 195 | 171 | 111 | 119 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.12 | 0.96 | 0.63 | 0.78 | 1.95 | 0.98 | 1.38 |
| Net cash from operating activities | (11.72) | (12.59) | 9.32 | (16.15) | 3.61 | 16.11 | 5.96 |
| Net cash from investing activities | 20.92 | 7.72 | (9.19) | (6.33) | 0.33 | (1.41) | (4.60) |
| Net cash from financing activities | (7.40) | 4.04 | 0.19 | 22.33 | (5.11) | (13.74) | (1.76) |
| Net change in cash | 1.79 | (0.83) | 0.32 | (0.15) | (1.17) | 0.97 | (0.40) |
| Closing cash | 1.92 | 0.12 | 0.95 | 0.63 | 0.78 | 1.95 | 0.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +163.5% | -31.7% | +132.1% | -38.1% | +38.5% | -22.9% | - |
| EBITDA growth | +2.4% | +79.3% | +70.0% | -34.8% | -3.2% | +0.9% | - |
| PBT growth | +155.9% | +63.3% | +128.8% | -42.6% | +3.3% | +19.4% | +53.9% |
| Net income growth | +162.0% | +46.9% | +162.9% | -46.4% | +3.4% | +42.3% | - |
| Revenue CAGR (3Y) | +61.0% | -0.6% | +25.8% | -12.9% | +41.1% | +62.4% | +128.9% |
| EBITDA CAGR (3Y) | +46.2% | +25.7% | +2.4% | -14.0% | +14.8% | +46.2% | +119.4% |
| Profitability & leverage | |||||||
| Net income margin | +20.4% | +20.6% | +9.8% | +8.8% | +9.8% | +13.9% | +7.9% |
| Return on capital employed | - | +8.2% | +6.5% | +2.2% | +3.6% | +5.8% | +5.0% |
| Return on net worth | - | +8.5% | +6.4% | +2.6% | +3.9% | +6.0% | +4.7% |
| Debt / equity | - | 0.77 | 0.76 | 0.63 | 0.41 | 0.72 | 0.82 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.06 | 0.28 | 0.40 |
| Interest cover | 22.49 | 42.12 | 81.78 | 16.52 | 14.09 | 41.24 | 40.38 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.60 | 1.07 | 0.59 | 0.62 | 0.74 | 1.10 |
| Inventory turnover | - | 0.42 | 0.62 | 0.25 | 0.41 | 0.27 | 0.31 |
| Debtors turnover | - | 14.95 | 12.95 | 7.84 | 9.16 | 5.59 | 6.58 |
| EPS (₹) | 11.24 | 4.30 | 2.98 | 1.15 | 2.09 | 2.14 | 1.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 52.48 | 48.13 | 44.78 | 43.21 | 36.47 | 34.34 |
Board of Directors of Pansari Developers Limited
Pansari Developers has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Agarwal Also directs: Lilkis Industries Private Limited, Mintoo Garments Pvt Ltd, Norfiox Vincom Pvt Ltd and 5 more | Whole-Time Director | 06 Jun 2016 | 10 Years 4 Months | Current |
| Mahesh Kumar Agarwal | Managing Director | 20 Jan 2003 | 23 Years 8 Months | Current |
| Shreya Agarwal | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Nikita Rateria Also directs: Raft Motors Limited | Director | 24 Aug 2026 | 0 Years 1 Months | Current |
| Sweta Agarwal Also directs: Ushita Trading & Agencies Ltd, Harmony Capital Services Limited, Octal Credit Capital Ltd. and 2 more | Director | 24 Aug 2026 | 0 Years 1 Months | Current |
| Neha Yadav | Director | 24 Aug 2026 | 0 Years 1 Months | Current |
Peer Comparison of Pansari Developers Limited
Pansari Developers 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 |
|---|---|---|---|---|---|---|
| Pansari Developers Limited this company | ₹96.1 Cr (FY 2026) | •••• | •••• | 140.4% | •••• | Kolkata, West Bengal, India |
| DMD Developers Private Limited | ₹44.99 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Surat, Gujarat, India |
| Grand Venezia Commercial Towers Private Limited | ₹44.97 Cr (FY 2023) | •••• | •••• | 444.0% | •••• | New Delhi, Delhi, India |
| Shiv Infra Vision Private Limited | ₹44.91 Cr (FY 2025) | •••• | •••• | 392.0% | •••• | Mumbai, Maharashtra, India |
| Citadines Omr Aparthotel Private Limited | ₹44.89 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Shabeel Motors Private Limited | ₹44.88 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Pinnacle KPO Solutions Private Limited | ₹44.82 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Today Homes and Infrastructure Private Limited | ₹44.81 Cr (FY 2019) | •••• | •••• | -64.0% | •••• | New Delhi, Delhi, India |
| Blackwood Developers Private Limited | ₹44.81 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Ozone Holdings Private Limited | ₹44.78 Cr (FY 2023) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| Etica Developers Private Limited | ₹44.75 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Pansari Developers 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 Pansari Developers Limited
Pansari Developers Limited is audited by G A R V & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G A R V & Associates | 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.
Shareholding Pattern of Pansari Developers Limited
Shareholding for the quarter ended Sep 2026: promoters hold 73.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.90% | 73.90% | 73.90% | 73.90% |
| Public | 26.10% | 26.10% | 26.10% | 26.10% |
Charges & Borrowings of Pansari Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2025 | Others | ₹15 Cr | Open |
| 30 Mar 2023 | Others | ₹10 Cr | Open |
| 20 Aug 2022 | Others | ₹10.5 Cr | Open |
| 04 May 2019 | Hdfc Bank Limited | ₹45.9 Cr | Open |
| 08 Nov 2021 | Hdfc Bank Limited | ₹28.4 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Pansari Developers Limited
Pansari Developers Limited has 23 deals on record (20 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹9.47 Cr | Buyer: Acme Capital Market Limited , Chaubara Eats Private Limited Seller: Acme Capital Market Limited , Chaubara Eats Private Limited |
| Nov 2023 | Market trade | ₹77.1 Lakh | Seller: Prayash Dealtrade Private Limited |
| Nov 2023 | Market trade | ₹66.3 Lakh | Buyer: an individual Seller: Prayash Dealtrade Private Limited |
| Jun 2021 | Market trade | ₹50.3 Lakh | Buyer: Bangbhumi Traders Private Limited |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Adesh Broking House Private Limited Seller: an individual |
Full deal history
All 23 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pansari Developers Limited
Pansari Developers Limited has 14 court cases on record: 11 filed by Pansari Developers, 3 filed against it. 4 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 3 |
| District courts | 5 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Dhani Loans and Services Limited | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Dhani Loans and Services Limited | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Dhani Loans and Services Limited | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Dhani Loans and Services Limited | Disposed |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against Dhani Loans and Services Limited | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pansari Developers Limited
Pansari Developers Limited has a workforce of 23 employees as of Apr 07, 2024.
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 Pansari Developers Limited
Pansari Developers Limited has 18 board changes on record since 1996: 12 appointments and 6 cessations. The latest: Neha Yadav was appointed as Director on 24 Aug 2026.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pansari Developers 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 Pansari Developers 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 Pansari Developers 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 Pansari Developers Limited
Pansari Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP6809N1ZV | West Bengal | Active | 01 Jul 2017 |
| 16AABCP6809N1Z1 | Tripura | Active | 01 Feb 2018 |
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 Pansari Developers 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.
Related news about Pansari Developers Limited
Frequently Asked Questions about Pansari Developers Limited
Pansari Developers is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 April 1996 (30+ years old) and is registered under CIN L72200WB1996PLC079438. Listed on BSE: 538381 and NSE: PANSARI.
Pansari Developers reported revenue of ₹96.1 Cr for FY 2025-26 (up 140.4% YoY) based on consolidated financials.
Pansari Developers has 6 current directors:
- Mahesh Kumar Agarwal - Managing Director
- Ankit Agarwal - Whole-Time Director
- Shreya Agarwal - Director
- Nikita Rateria - Director
- Sweta Agarwal - Director
- Neha Yadav - Director
The GSTIN of Pansari Developers is 19AABCP6809N1ZV, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 16AABCP6809N1Z1 (Tripura).
The CIN (Corporate Identification Number) of Pansari Developers is L72200WB1996PLC079438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Pansari Developers is listed on both BSE (code: 538381) and NSE (symbol: PANSARI).
Pansari Developers has 14 court cases on record: 11 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Pansari Developers was incorporated on 22 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Pansari Developers has 23 deals on record (20 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026.
The peers of Pansari Developers by revenue are DMD Developers Private Limited, Grand Venezia Commercial Towers Private Limited, Shiv Infra Vision Private Limited, Citadines Omr Aparthotel Private Limited, Shabeel Motors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Neha Yadav was appointed as Director on 24 Aug 2026. Nikita Rateria was appointed as Director on 24 Aug 2026. Sweta Agarwal was appointed as Director on 24 Aug 2026. Pansari Developers has 18 board changes on record in total.