About Papaya Constructions Private Limited
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Papaya Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1998PTC117078.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaishali Vivek Isnagar and Vivek Madhukar Isnagar.
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 A – 7 Nandan Co – Op Hsg Soc Ltdveer Savarkar Marg Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.34 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹19.32 Lakh (net margin 8.2%) and EBITDA of ₹24.61 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 125% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.72 Lakh 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 papayaconstructions.com.
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- Registered AddressA – 7 Nandan Co – Op Hsg Soc Ltdveer Savarkar Marg Mahim, Mumbai, Maharashtra, India – 400016
- 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 Papaya Constructions Private Limited
The main business activity of Papaya Constructions is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of 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 Papaya Constructions Private Limited FY 2025 filings available
Papaya Constructions Private Limited reported revenue of ₹2.34 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Papaya Constructions Private Limited
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 125%. EBITDA rose 37% 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 Papaya Constructions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹24.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.32 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 Papaya Constructions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 Papaya Constructions 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 Papaya Constructions Private Limited
Papaya Constructions 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 |
|---|---|---|---|---|---|---|
| Kriishnav Commercial Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 850.0% | •••• | Kolkata, West Bengal, India |
| Navneet Estate Private Limited | ₹2.35 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Udaipur, Rajasthan, India |
| Lead Enterprises Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | Gurgaon, Haryana, India |
| Sharma and Gangahar Builders and Colonisers Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Punjab, India |
| Saygreen Infrastructures Private Limited | ₹2.35 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Hyderabad, Telangana, India |
| Papaya Constructions Private Limited this company | ₹2.34 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| JB Projects Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Howrah, West Bengal, India |
| Lotus Realtech Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Delhi, India |
| Snsgap Infratech Private Limited | ₹2.34 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Noida, Uttar Pradesh, India |
| Shrijan Infraventures Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Raipur, Chhattisgarh, India |
| Tansy Properties Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Papaya Constructions 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 Papaya Constructions Private Limited
Papaya Constructions Private Limited is audited by SINGAVI OTURKAR & KELKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGAVI OTURKAR & KELKAR | 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 Papaya Constructions Private Limited
Papaya Constructions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Vivek Isnagar | Director | 10 Nov 1998 | 27 Years 11 Months | Current |
| Vivek Madhukar Isnagar | Director | 10 Nov 1998 | 27 Years 11 Months | Current |
Ownership and Shareholding of Papaya Constructions 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 Papaya Constructions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2013 | Bank of India | ₹6.42 Lakh | Open |
| 07 Mar 2005 | Bank of India | ₹30,000 | Open |
| 30 Aug 2004 | Bank of India | ₹6 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Papaya Constructions Private Limited
Papaya Constructions Private Limited has a workforce of 7 employees as of Apr 08, 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 Papaya Constructions Private Limited
Papaya Constructions Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Malti Madhukar Isnagar ceased to be Director on 08 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Papaya Constructions 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 Papaya Constructions 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 Papaya Constructions 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 Papaya Constructions 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 Papaya Constructions 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 Papaya Constructions Private Limited
Papaya Constructions 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 10 November 1998 (28+ years old) and is registered under CIN U45200MH1998PTC117078.
Papaya Constructions reported revenue of ₹2.34 Cr for FY 2024 (down 18% YoY).
Papaya Constructions has 2 current directors:
- Vaishali Vivek Isnagar - Director
- Vivek Madhukar Isnagar - Director
Papaya Constructions reported a net profit of ₹19.32 Lakh (net margin 8.2%) and EBITDA of ₹24.61 Lakh (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Papaya Constructions is 46% over three years and 125% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Papaya Constructions is U45200MH1998PTC117078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Papaya Constructions was incorporated on 10 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Papaya Constructions by revenue are Kriishnav Commercial Private Limited, Navneet Estate Private Limited, Lead Enterprises Private Limited, Sharma and Gangahar Builders and Colonisers Private Limited, Saygreen Infrastructures Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Malti Madhukar Isnagar ceased to be Director on 08 Jan 2020. Madhukar Baburao Isnagar ceased to be Director on 28 Mar 2017. Vaishali Vivek Isnagar was appointed as Director on 10 Nov 1998. Papaya Constructions has 4 board changes on record in total.
Papaya Constructions can be reached through the website papayaconstructions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Papaya Constructions is at A – 7 Nandan Co – Op Hsg Soc Ltdveer Savarkar Marg Mahim, Mumbai, Maharashtra, India – 400016.