Parag Constructions Private Limited
About Parag Constructions Private Limited
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Parag 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 16 June 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1975PTC018382.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹3.86 Lakh. It is led by directors including Mafatlal Sanwalchand Bafna (Managing Director) and Kamla Mafatlal Bafna.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 4/13 5th Floor Navjivan Society Lamington Road, Mumbai, Maharashtra, India – 400008.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.18 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹5 Lakh (net margin 26.1%) and EBITDA of ₹6.96 Lakh (EBITDA margin 36.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4/13 5th Floor Navjivan Society Lamington Road, Mumbai, Maharashtra, India – 400008
- 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
Financials of Parag Constructions Private Limited FY 2021 filings available
Parag Constructions Private Limited reported revenue of ₹19.18 Lakh (down 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Parag Constructions Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 885% 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 Parag Constructions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹6.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5 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 Parag Constructions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.1% | •••• | •••• | •••• | •••• |
| 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 Parag 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 Parag Constructions Private Limited
Parag 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 |
|---|---|---|---|---|---|---|
| Guileful Properties Private Limited | ₹19.19 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| TRP Properties Private Limited | ₹19.19 Lakh (FY 2024) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Bhogle Land Developers Private Limited | ₹19.19 Lakh (FY 2023) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Ketireddy Developers Private Limited | ₹19.18 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Bobbili Mandalam, Andhra Pradesh, India |
| Thaanvii Properties Private Limited | ₹19.18 Lakh (FY 2022) | •••• | •••• | 1157.0% | •••• | Mysore, Karnataka, India |
| Parag Constructions Private Limited this company | ₹19.18 Lakh (FY 2021) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Suvidha Infraestate Corporation Limited Listed | ₹19.17 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Ahmedabad, Gujarat, India |
| Vogo Homes Private Limited | ₹19.17 Lakh (FY 2023) | •••• | •••• | 54.0% | •••• | Chennai, Tamil Nadu, India |
| Honne Estates Private Limited | ₹19.17 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Pzest Taxsquare Private Limited | ₹19.16 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| N L K R Builders and Developers Private Limited | ₹19.16 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Parag 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 Parag Constructions Private Limited
Parag Constructions Private Limited is audited by S K LOONKER & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K LOONKER & 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 Parag Constructions Private Limited
Parag Constructions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamla Mafatlal Bafna Also directs: Abhay Infrabuild & Constructions Private Limited, Adarsh Gruhcon Private Limited, Arham Housecon Private Limited and 2 more | Director | 16 Jun 1975 | 51 Years 3 Months | Current |
| Mafatlal Sanwalchand Bafna Also directs: Abhay Infrabuild & Constructions Private Limited, Adarsh Gruhcon Private Limited, Arham Housecon Private Limited and 3 more | Managing Director | 16 Jun 1975 | 51 Years 3 Months | Current |
| Vidhya Pravin Balota Also directs: Abhay Infrabuild & Constructions Private Limited, Adarsh Gruhcon Private Limited, Arham Housecon Private Limited and 4 more | Director | 14 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Parag 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 Parag Constructions Private Limited
Parag Constructions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parag Constructions Private Limited
Employment history and EPFO contributions of people linked to Parag Constructions.
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 Parag Constructions Private Limited
Parag Constructions Private Limited has 5 board changes on record since 1975: 3 appointments and 2 cessations. The latest: Vidhya Pravin Balota ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Parag 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 Parag 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 Parag 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 Parag 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 Parag 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 Parag Constructions Private Limited
Parag 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 16 June 1975 (51+ years old) and is registered under CIN U45200MH1975PTC018382.
Parag Constructions reported revenue of ₹19.18 Lakh for FY 2021 (down 2% YoY).
Parag Constructions has 3 current directors:
- Mafatlal Sanwalchand Bafna - Managing Director
- Kamla Mafatlal Bafna - Director
- Vidhya Pravin Balota - Director
Parag Constructions reported a net profit of ₹5 Lakh (net margin 26.1%) and EBITDA of ₹6.96 Lakh (EBITDA margin 36.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parag Constructions is 2% over five years. In the latest year (FY 2021) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Parag Constructions is U45200MH1975PTC018382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parag Constructions was incorporated on 16 June 1975, making it 51+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parag Constructions by revenue are Guileful Properties Private Limited, TRP Properties Private Limited, Bhogle Land Developers Private Limited, Ketireddy Developers Private Limited, Thaanvii Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vidhya Pravin Balota ceased to be Additional Director on 29 Sep 2018. Vidhya Pravin Balota was appointed as Director on 14 Oct 2017. Kailash Mafatlal Bafna ceased to be Director on 06 Oct 2017. Parag Constructions has 5 board changes on record in total.
The registered office of Parag Constructions is at 413 5th Floor Navjivan Society Lamington Road, Mumbai, Maharashtra, India – 400008.
Parag Constructions has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹3.86 Lakh.