Parkwood Developers Private Limited
About Parkwood Developers Private Limited
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Parkwood Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45300DL1996PTC081535. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Dakshdeep Singh (Managing Director) and Harpreet Singh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 1001 10th Floor Hemkunt Chambers Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2017, the company reported a revenue of ₹23.19 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.59 Lakh (net margin 0.2%) and EBITDA of ₹15.86 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has open charges of ₹26.72 Cr on record. Court records list 55 cases involving the company, including 21 filed by the company and 34 filed against it; 15 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Parkwood Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1001 10th Floor Hemkunt Chambers Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Parkwood Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Parkwood Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Parkwood Developers Private Limited, buy the company report.
Financials of Parkwood Developers Private Limited
FY 2017 filings availableParkwood Developers Private Limited reported revenue of ₹23.19 Cr (up 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 9% growth in the latest year. EBITDA fell 84% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹23.19 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15.86 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.59 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.7% | ||
| Net Profit Margin | 0.2% | ||
| 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 | |||
To see the full financial statements and ratios of Parkwood Developers Private Limited, buy the company report.
Board of directors of Parkwood Developers Private Limited
Parkwood Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshdeep Singh Also directs: Parkwood Infrastructure Private Limited | Managing Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Harpreet Singh Also directs: Parkwood Infrastructure Private Limited, Aquarius India Private Limited, Hemkunt Investments Private Limited and 5 more | Director | 01 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Parkwood Developers Private Limited is audited by HITKARI & HITKARI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITKARI & HITKARI | FY 2017 | 000030N |
Shareholding
The shareholding of Parkwood Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parkwood Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2016 | 10625310 | Reliance Capital Ltd | ₹1.72 Cr | Open | |
| 15 Mar 2014 | 10486305 | Allahabad Bank | ₹25 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Parkwood Developers Private Limited has 55 court cases on record: 21 filed by Parkwood Developers, 34 filed against it. 15 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 26 | 8 |
| High courts | 18 | 7 | 7 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed against the company by M/S De Facto Infotech Pvt. Ltd. and 1 other | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Lic Housing Finance Limited | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Lic Housing Finance Limited | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Ms De Facto Infotech Pvt Ltd | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by Lic Housing Finance Ltd | Disposed |
To see the full case history of Parkwood Developers Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parkwood Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parkwood Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parkwood Developers Private Limited, buy the company report.
Recent activity
Parkwood Developers Private Limited has 12 board changes on record since 2006: 2 appointments and 10 cessations. The latest: David Alexander Fassbender ceased to be Nominee Director on 10 Dec 2014.
5 earlier events are in the company report.
Frequently asked questions
Parkwood Developers is an active private limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 August 1996 (30+ years old) and is registered under CIN U45300DL1996PTC081535.
Parkwood Developers has 2 current directors:
- Dakshdeep Singh - Managing Director
- Harpreet Singh - Director
The latest financial statements of Parkwood Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Parkwood Developers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Parkwood Developers is U45300DL1996PTC081535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parkwood Developers has 55 court cases on record: 21 filed by the company and 34 filed against it. 15 are pending. Most are in the district courts.
Parkwood Developers was incorporated on 30 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
David Alexander Fassbender ceased to be Nominee Director on 10 Dec 2014. Kapil Minocha ceased to be Nominee Director on 10 Dec 2014. Vikas Saxena ceased to be Nominee Director on 08 Oct 2012. Parkwood Developers has 12 board changes on record in total.
The registered office of Parkwood Developers is at 1001 10th Floor Hemkunt Chambers Nehru Place, New Delhi, Delhi, India – 110019.
Parkwood Developers operates in the infrastructure and utilities industry, in the general construction services segment.