Pingle Builders Pvt.Ltd.
About Pingle Builders Pvt.Ltd.
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Pingle Builders Pvt.Ltd. is a private limited company based in Nashik, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1993PTC071840. Its GSTIN is 27AADCP9891N2ZF (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Swapnil Tarachand Waghchaure and Prakash Bhausaheb Gaikwad.
Its last annual general meeting (AGM) was held on 30 October 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Nashik, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.55 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹96.79 Lakh (net margin -12.8%) and EBITDA of -₹66.26 Lakh (EBITDA margin -8.8%).
As per MCA filings, the company has open charges of ₹8.91 Cr on record. Court records list 70 cases involving the company, including 13 filed by the company and 57 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pingle Builders Pvt.Ltd.'s registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – 9 Anand Apartment, B – 3 Anand Nagar Gangapur Road, Nashik, Maharashtra, India – 422013
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Pingle Builders Pvt.Ltd., 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 Pingle Builders 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 Pingle Builders Pvt.Ltd., buy the company report.
Financials of Pingle Builders Pvt.Ltd.
FY 2018 filings availablePingle Builders Pvt.Ltd. reported revenue of ₹7.55 Cr (up 53% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 53% in the latest year. EBITDA rose 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹66.26 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹96.79 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.8% | |||
| Net Profit Margin | -12.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Pingle Builders Pvt.Ltd., buy the company report.
Board of directors of Pingle Builders Pvt.Ltd.
Pingle Builders has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnil Tarachand Waghchaure | Director | 25 Jul 2023 | 3 Years 2 Months | Current |
| Prakash Bhausaheb Gaikwad | Director | 25 Jul 2023 | 3 Years 2 Months | Current |
Peer comparison
Pingle Builders Pvt.Ltd. is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GRK Infraventures Private Limited | ₹7.56 Cr (FY 2025) | 202.0% | Warangal, Telangana, India | |||
| Msakr Infra Projects Private Limited | ₹7.56 Cr (FY 2019) | -22.0% | Bangalore, Karnataka, India | |||
| Pingle Builders Pvt.Ltd.this company | ₹7.55 Cr (FY 2018) | -₹96.79 Lakh | -12.8% | 53.0% | Nashik, Maharashtra, India | |
| Nesh India Infrastructure Private Limited | ₹7.55 Cr (FY 2025) | -17.0% | Patna, Bihar, India | |||
| Elcarim Developers and Properties Private Limited | ₹7.55 Cr (FY 2024) | -27.0% | Thiruvalla, Kerala, India |
To see the full peer comparison of Pingle Builders Pvt.Ltd., buy the company report.
Shareholding
The shareholding of Pingle Builders Pvt.Ltd. is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pingle Builders Pvt.Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2012 | 10357984 | State Bank of India | ₹8.91 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Pingle Builders Pvt.Ltd. has 70 court cases on record: 13 filed by Pingle Builders, 57 filed against it. 19 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 37 | 9 |
| High courts | 22 | 15 | 6 |
| NCLAT | 5 | 5 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Jje Adornment Pvt. Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Jje Adornment Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Progressive Timber P Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by M/S K2k Infrastructure India Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Pingle Builders Pvt.Ltd., 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 Pingle Builders Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pingle Builders has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP9891N2ZF | Maharashtra | Active | 15 Jul 2017 |
To see the full GST registrations and return filing status of Pingle Builders Pvt.Ltd., buy the company report.
Recent activity
Pingle Builders Pvt.Ltd. has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Dhiraj Revchand Patil ceased to be Director on 25 Jul 2023.
Frequently asked questions
Pingle Builders is an active private limited company based in Nashik, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 May 1993 (33+ years old) and is registered under CIN U45200MH1993PTC071840.
Pingle Builders has 2 current directors:
- Swapnil Tarachand Waghchaure - Director
- Prakash Bhausaheb Gaikwad - Director
The latest financial statements of Pingle Builders on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 October 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Pingle Builders is 27AADCP9891N2ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pingle Builders is U45200MH1993PTC071840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pingle Builders has 70 court cases on record: 13 filed by the company and 57 filed against it. 19 are pending. Most are in the district courts.
Pingle Builders was incorporated on 05 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pingle Builders by revenue are GRK Infraventures Private Limited, Msakr Infra Projects Private Limited, Nesh India Infrastructure Private Limited, Elcarim Developers and Properties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Dhiraj Revchand Patil ceased to be Director on 25 Jul 2023. Prakash Bhausaheb Gaikwad was appointed as Director on 25 Jul 2023. Swapnil Tarachand Waghchaure was appointed as Director on 25 Jul 2023. Pingle Builders has 6 board changes on record in total.
The registered office of Pingle Builders is at Flat No – 9 Anand Apartment, B – 3 Anand Nagar Gangapur Road, Nashik, Maharashtra, India – 422013.
Pingle Builders operates in the infrastructure and utilities industry, in the general construction services segment.