MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0052956
Market Cap
₹52.92 Cr
PFL · BSE
Share Price
₹25.90
-0.27% today
Revenue
₹61.79 Cr
FY 2025-26 · +5.3% YoY
EBITDA
₹2.27 Cr
Margin 3.7%
Net Profit
₹0.85 Cr
FY 2025-26 · -77.5% YoY
P/E (TTM)
62.0x
P/B 1.2x
ROE
2.0%
ROCE 3.7%
Debt / Equity
0.30
Interest cover 66.5x
About Popular Foundations Limited
Data last updated:
Popular Foundations Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L45201TN1998PLC041504. Its GSTIN is 33AABCP6433G1ZO (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544259.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.38 Cr. It is led by directors including Ananthanarayanan Sankaralingam Venkatesh (Managing Director) and Vinita Venkatesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at New No 32/1 32/2 Old No 9/1 9/2 Kamatchi Apartment 10th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹61.79 Cr, a growth of 5.3% compared to the previous year. For the same year it recorded a net profit of ₹85 Lakh (net margin 1.4%) and EBITDA of ₹2.27 Cr (EBITDA margin 3.7%). The net worth stands at ₹43.39 Cr (up 1.6% YoY). Total assets are valued at ₹60.11 Cr (up 7.3% YoY).
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.62 Cr and satisfied charges of ₹8.62 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 market trades, 1 ipo); the latest was in April 2025. Its 8 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (buildings) are compared by revenue, 3 larger and 5 smaller; the largest is Bahl Builders Private Limited with revenue of ₹59.31 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 222 overdue payments to 48 micro and small suppliers.
Popular Foundations Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0052956). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grouppopular.com.
Company details
CIN L45201TN1998PLC041504
Registration Number 041504
Incorporation Date 30 November 1998
ROC Chennai
Listing Status Listed - Listed on BSE (544259)
Company Status Active
Date of Last AGM 22 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0052956
CIN history
Popular Foundations has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201TN1998PLC041504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201TN1998PLC041504 | Current |
| U45201TN1998PLC041504 | Previous |
| U45201TN1998PTC041504 | Previous |
Key People
Ananthanarayanan Sankaralingam Venkatesh Managing Director Vinita Venkatesh Whole-Time Director Umaa Sharvani Director Recognitions & Rankings of Popular Foundations
Contact details
Popular Foundations Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNew No 32/1 32/2 Old No 9/1 9/2 Kamatchi Apartment 10th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
- IndustryInfrastructure and Utilities, General Construction Services
Comprehensive company report
Popular Foundations Limited - one report that includes everything
- 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
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Financials of Popular Foundations Limited
FY 2025-26 filings availablePopular Foundations Limited reported revenue of ₹61.79 Cr (up 5.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹61.79 Cr
+5.3% YoY
EBITDA
₹2.27 Cr
-67.8% YoY
Profit After Tax
₹0.85 Cr
-77.5% YoY
Net Worth
₹43.39 Cr
+1.6% YoY
Total Assets
₹60.11 Cr
+7.3% YoY
Total Debt
₹14.13 Cr
+24.4% YoY
Revenue 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 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 61.79 | 58.68 | 51.82 | 47.10 | 25.89 | 20.28 |
| Revenue growth | +5.3% | +13.2% | +10.0% | +81.9% | +27.7% | - |
| EBITDA | 2.27 | 7.05 | 6.60 | 1.66 | 2.24 | 1.33 |
| EBITDA margin | +3.7% | +12.0% | +12.7% | +3.5% | +8.7% | +6.6% |
| Profit before tax | 1.07 | 5.47 | 4.96 | 1.35 | 0.38 | (0.28) |
| Net profit | 0.85 | 3.77 | 3.46 | 1.15 | 0.34 | (0.21) |
| Net profit margin | +1.4% | +6.4% | +6.7% | +2.4% | +1.3% | -1.0% |
| EPS (₹) | 0.50 | 1.87 | 2.31 | 119.61 | 36.47 | (21.40) |
| Balance sheet | ||||||
| Total assets | 60.11 | 56.01 | 40.57 | 32.75 | 32.53 | 28.27 |
| Net worth | 43.39 | 42.70 | 23.43 | 14.84 | 13.84 | 13.47 |
| Total debt | 14.13 | 11.36 | 15.78 | 17.54 | 18.36 | 14.44 |
| Cash & bank | 0.04 | 0.42 | 0.25 | 0.26 | 0.13 | 0.19 |
| Net working capital | 55.00 | 51.38 | 35.85 | 25.27 | 24.91 | 22.22 |
| Cash flow | ||||||
| Cash from operations | (2.06) | (10.64) | (6.30) | 2.73 | (0.13) | 0.88 |
| Cash from investing | (1.08) | (0.57) | 2.77 | (0.02) | (1.88) | (0.67) |
| Cash from financing | 2.77 | 11.38 | 3.51 | (2.57) | 1.94 | (0.02) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 61.79 | 58.68 | 51.82 | 47.10 | 25.89 | 20.28 |
| Revenue growth | +5.3% | +13.2% | +10.0% | +81.9% | +27.7% | - |
| Other income | 0.47 | 0.37 | 0.09 | 1.57 | 0.41 | 0.43 |
| Total expenses | 59.52 | 51.63 | 45.22 | 45.44 | 23.65 | 18.95 |
| Employee cost | 5.75 | 5.52 | 4.13 | 3.70 | 3.38 | 2.76 |
| EBITDA | 2.27 | 7.05 | 6.60 | 1.66 | 2.24 | 1.33 |
| EBITDA margin | +3.7% | +12.0% | +12.7% | +3.5% | +8.7% | +6.6% |
| Depreciation | 0.48 | 0.43 | 0.28 | 0.33 | 0.30 | 0.25 |
| Interest | 1.19 | 1.52 | 1.45 | 1.55 | 1.97 | 1.79 |
| Profit before tax | 1.07 | 5.47 | 4.96 | 1.35 | 0.38 | (0.28) |
| Tax | 0.06 | 1.66 | 1.50 | 0.16 | 0.02 | (0.07) |
| Net profit | 0.85 | 3.77 | 3.46 | 1.15 | 0.34 | (0.21) |
| Net profit margin | +1.4% | +6.4% | +6.7% | +2.4% | +1.3% | -1.0% |
| EPS (₹) | 0.50 | 1.87 | 2.31 | 119.61 | 36.47 | (21.40) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 20.38 | 20.38 | 15.01 | 1.00 | 1.00 | 1.00 |
| Reserves & surplus | 23.01 | 22.32 | 8.42 | 13.84 | 12.84 | 12.47 |
| Shareholders' funds (net worth) | 43.39 | 42.70 | 23.43 | 14.84 | 13.84 | 13.47 |
| Secured loans | 14.13 | 11.36 | 10.66 | 11.60 | 12.13 | 9.13 |
| Unsecured loans | 0.00 | 0.00 | 5.12 | 5.94 | 6.23 | 5.31 |
| Total debt | 14.13 | 11.36 | 15.78 | 17.54 | 18.36 | 14.44 |
| Total liabilities | 60.11 | 56.01 | 40.57 | 32.75 | 32.53 | 28.27 |
| Assets | ||||||
| Gross block | 7.18 | 6.54 | 5.95 | 8.72 | 8.58 | 6.71 |
| Net block | 4.95 | 4.23 | 3.98 | 7.03 | 7.15 | 5.50 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 |
| Inventories | 22.06 | 19.69 | 6.45 | 9.34 | 13.76 | 5.17 |
| Sundry debtors | 47.16 | 41.54 | 44.91 | 24.28 | 19.33 | 22.65 |
| Cash & bank balances | 0.04 | 0.42 | 0.25 | 0.26 | 0.13 | 0.19 |
| Loans & advances | 9.80 | 7.05 | 6.65 | 7.29 | 8.45 | 7.57 |
| Total current assets | 79.06 | 68.70 | 58.26 | 41.17 | 41.67 | 35.58 |
| Total current liabilities | 24.06 | 17.32 | 22.41 | 15.90 | 16.76 | 13.36 |
| Net working capital | 55.00 | 51.38 | 35.85 | 25.27 | 24.91 | 22.22 |
| Total assets | 60.11 | 56.01 | 40.57 | 32.75 | 32.53 | 28.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.42 | 0.25 | 0.26 | 0.13 | 0.19 | 0.01 |
| Net cash from operating activities | (2.06) | (10.64) | (6.30) | 2.73 | (0.13) | 0.88 |
| Net cash from investing activities | (1.08) | (0.57) | 2.77 | (0.02) | (1.88) | (0.67) |
| Net cash from financing activities | 2.77 | 11.38 | 3.51 | (2.57) | 1.94 | (0.02) |
| Net change in cash | (0.37) | 0.17 | (0.01) | 0.13 | (0.07) | 0.19 |
| Closing cash | 0.04 | 0.42 | 0.25 | 0.26 | 0.13 | 0.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +5.3% | +13.2% | +10.0% | +81.9% | +27.7% | - |
| EBITDA growth | -67.8% | +6.8% | +297.6% | -25.9% | +68.4% | - |
| PBT growth | -80.4% | +10.3% | +267.4% | +255.3% | +9998.0% | +9997.0% |
| Net income growth | -77.5% | +9.0% | +200.9% | +238.2% | +261.9% | - |
| Revenue CAGR (3Y) | +9.5% | +31.4% | +36.7% | - | - | - |
| EBITDA CAGR (3Y) | +11.0% | +46.6% | +70.6% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +1.6% | +6.5% | +6.7% | +2.5% | +1.4% | -1.0% |
| Return on capital employed | +3.7% | +14.5% | +17.5% | +8.9% | +7.7% | +5.3% |
| Return on net worth | +2.0% | +11.5% | +18.1% | +8.4% | +2.6% | -1.6% |
| Debt / equity | 0.30 | 0.41 | 0.87 | 1.25 | 1.20 | 1.07 |
| Long-term debt / equity | 0.04 | 0.13 | 0.43 | 0.71 | 0.65 | 0.51 |
| Interest cover | 66.48 | 22.96 | 22.94 | 116.54 | 101.55 | 165.74 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 9.01 | 9.40 | 7.06 | 5.45 | 3.39 | 3.02 |
| Inventory turnover | 2.96 | 4.49 | 6.56 | 4.08 | 2.74 | 3.92 |
| Debtors turnover | 1.39 | 1.36 | 1.50 | 2.16 | 1.23 | 0.90 |
| EPS (₹) | 0.50 | 1.87 | 2.31 | 119.61 | 36.47 | (21.40) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.30 | 20.00 | 0.00 | 0.00 |
| Book value per share (₹) | 21.29 | 20.95 | 15.61 | 1,483.69 | 1,383.80 | 1,347.33 |
To see the full year-wise statements and ratios of Popular Foundations Limited, buy the company report.
Board of directors of Popular Foundations Limited
Popular Foundations has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananthanarayanan Sankaralingam Venkatesh Also directs: Luxy Royal International LLP, Popular Estates Private Limited | Managing Director | 30 Nov 1998 | 27 Years 10 Months | Current |
| Vinita Venkatesh | Whole-Time Director | 30 Nov 1998 | 27 Years 10 Months | Current |
| Umaa Sharvani Also directs: Sri Lakshmi Saraswathi Textiles(Arni) Limited | Director | 23 Mar 2026 | 0 Years 7 Months | Current |
| Venkatachari Sridhar | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Narayanan Venkatesan | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
Peer comparison
Popular Foundations Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Construction Services), 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 |
|---|---|---|---|---|---|---|
| Popular Foundations Limitedthis company | ₹61.79 Cr (FY 2026) | ₹85 Lakh | 1.4% | 5.3% | Chennai, Tamil Nadu, India | |
| Bahl Builders Private Limited | ₹59.31 Cr (FY 2023) | -16.0% | New Delhi, Delhi, India | |||
| Asfaltar Infrastructure Private Limited | ₹59.21 Cr (FY 2022) | -31.0% | Adipur, Gujarat, India | |||
| Ganadhi Pati Construction Private Limited | ₹59.2 Cr (FY 2025) | -49.0% | Patna, Bihar, India | |||
| Eastern India Construction Pvt Ltd | ₹59.05 Cr (FY 2025) | -5.0% | Cuttack, Odisha, India | |||
| Maisur Projects Private Limited | ₹59.03 Cr (FY 2024) | 230.0% | Lucknow, Uttar Pradesh, India | |||
| Shrine Engineering Private Limited | ₹58.88 Cr (FY 2025) | 46.0% | Porbandar, Gujarat, India | |||
| Trutech Constructions Private Limited | ₹58.87 Cr (FY 2024) | 61.0% | New Delhi, Delhi, India | |||
| Rosenbluth Construction Private Limited | ₹58.87 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Popular Foundations Limited, buy the company report.
Charges & borrowings
Open charges
₹17.62 Cr
Satisfied charges
₹8.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2026 | 101309854 | Indian Bank | ₹2.5 Cr | Open | |
| 31 Dec 2025 | 101228764 | Hdfc Bank Limited | ₹83.34 Lakh | Open | |
| 06 Aug 2024 | 100973253 | Hdfc Bank Limited | ₹18.36 Lakh | Open | |
| 30 Dec 2023 | 100902559 | Hdfc Bank Limited | ₹95.28 Lakh | Open | |
| 23 Nov 2021 | 100538294 | Indian Bank | ₹65 Lakh | Open |
To see the full charge records of Popular Foundations Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Popular Foundations Limited has 3 deals on record (2 market trades, 1 ipo); the latest was in April 2025.
Total deals
3
Market trades
2
IPO
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Market trade | ₹26.5 Lakh | Buyer: Capitalsquare Financial Services Private Limited |
| Sep 2024 | Market trade | ₹1.76 Cr | Buyer: Spread X Securities Private Limited , 2 individuals Seller: Spread X Securities Private Limited |
| Sep 2024 | IPO | ₹19.87 Cr | Investors: Public Market Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Popular Foundations Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Popular Foundations 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.
Credit ratings & regulatory alerts
Popular Foundations Limited was last rated by Icra on 26 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Aug 2021 |
To see the full credit ratings and regulatory alerts of Popular Foundations Limited, buy the company report.
MSME payment delays
Popular Foundations Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 222 overdue payments to 48 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Inspace Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Popular Foundations Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Popular Foundations has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP6433G1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 34AABCP6433G1ZM | Puducherry | Active | 29 Feb 2024 |
To see the full GST registrations and return filing status of Popular Foundations Limited, buy the company report.
Recent activity
Popular Foundations Limited has 10 board changes on record since 1998: 6 appointments and 4 cessations. The latest: Umaa Sharvani was appointed as Director on 23 Mar 2026.
AGM
Popular Foundations Limited last Annual general meeting of members was held on 22 Sep 2026 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 2.50 Cr with Charge ID 101309854 was registered on 30 May 2026.
Filing
Popular Foundations Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Appointed
Umaa Sharvani was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.83 Cr with Charge ID 101228764 was registered on 31 Dec 2025.
Charges
A charge registered on 06 Oct 2020 via Charge ID 100397459 with Indian Bank was fully satisfied on 18 Nov 2025.
Charges
A charge with Indian Bank of Rs. 12.50 Cr registered on 18 Mar 2009 with Charge ID 10152693 was modified on 29 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100973253 was registered on 06 Aug 2024.
Charges
A charge registered on 12 Jun 2020 via Charge ID 100366923 with Indian Bank was fully satisfied on 21 Jun 2024.
Ceased
Dharmapuri Harirao Gopalakrishnan ceased to be Additional Director.
Ceased
Narayanan Venkatesan ceased to be Additional Director.
Ceased
Venkatachari Sridhar ceased to be Additional Director.
21 earlier events are in the company report.
Frequently asked questions
Popular Foundations is an active public limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 November 1998 (28+ years old) and is registered under CIN L45201TN1998PLC041504. Listed on BSE: 544259.
Popular Foundations reported revenue of ₹61.79 Cr for FY 2025-26 (up 5.3% YoY) based on standalone financials.
Popular Foundations has 5 current directors:
- Ananthanarayanan Sankaralingam Venkatesh - Managing Director
- Vinita Venkatesh - Whole-Time Director
- Umaa Sharvani - Director
- Venkatachari Sridhar - Director
- Narayanan Venkatesan - Director
The latest financial statements of Popular Foundations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Popular Foundations is 33AABCP6433G1ZO, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AABCP6433G1ZM (Puducherry).
The CIN (Corporate Identification Number) of Popular Foundations is L45201TN1998PLC041504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Popular Foundations is a listed company as per MCA records. Its shares are listed on BSE (code: 544259).
Popular Foundations has 1 court case on record: 1 filed against it.
Popular Foundations was incorporated on 30 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chennai.
Popular Foundations has 3 deals on record (2 market trades, 1 ipo); the latest was in April 2025.
The peers of Popular Foundations by revenue are Bahl Builders Private Limited, Asfaltar Infrastructure Private Limited, Ganadhi Pati Construction Private Limited, Eastern India Construction Pvt Ltd, Maisur Projects Private Limited and 3 more, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Umaa Sharvani was appointed as Director on 23 Mar 2026. Dharmapuri Harirao Gopalakrishnan ceased to be Additional Director on 21 Jan 2024. Narayanan Venkatesan ceased to be Additional Director on 21 Jan 2024. Popular Foundations has 10 board changes on record in total.