About Prescon Homes Private Limited
Data last updated:
Prescon Homes 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 22 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2007PTC171924. Its GSTIN is 30AAECP5052E1ZY (Goa).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vijay Kumar Puranmal Khowala and Nirmal Bhagirathprasad Kedia.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.22 Lakh (net margin 4.4%) and EBITDA of ₹3.14 Cr (EBITDA margin 193.4%). Revenue has grown at a compounded annual rate (CAGR) of 374% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.22 Cr on record. Court records list 14 cases involving the company, including 12 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prescon.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address202 2nd Floor A – Wing Bldg. No.3 Sir M.V. Road Rahul Mittal Industrial Estate Andheri, East, Mumbai, Maharashtra, India – 400059
- 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
The main business activity of Prescon Homes is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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
Financials of Prescon Homes Private Limited
FY 2024 filings availablePrescon Homes Private Limited reported revenue of ₹1.62 Cr (up 232% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 374% over three years, including 232% growth in the latest year. EBITDA rose 131% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹3.14 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹7.22 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 193.4% | |
| Net Profit Margin | 4.4% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Prescon Homes are in the company report.
: available in the company report
Board of Directors of Prescon Homes Private Limited
Prescon Homes has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Puranmal Khowala Also directs: Prescon Builders Private Limited, Kedia Construction Company Limited, Prestige Agglomerated Marbles Private Limited and 5 more | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
| Nirmal Bhagirathprasad Kedia | Director | 01 Jun 2010 | 16 Years 4 Months | Current |
Peer Comparison
Prescon Homes Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeal Developers Private Limited | ₹1.63 Cr (FY 2022) | •••• | •••• | 68.0% | •••• | New Delhi, Delhi, India |
| Manturam Infrastructure Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | Kolkata, West Bengal, India |
| Daliya Builders and Developers Private Limited | ₹1.63 Cr (FY 2021) | •••• | •••• | -48.0% | •••• | Kozhikode, Kerala, India |
| Prescon Homes Private Limited this company | ₹1.62 Cr (FY 2024) | •••• | •••• | 232.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Prescon Homes by revenue, above and below it, in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Prescon Homes Private Limited is audited by Mayank A. Tibrewala for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mayank A. Tibrewala | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2025 | Others | ₹9.9 Lakh | Open |
| 11 Mar 2022 | Others | ₹20 Cr | Open |
| 14 Jan 2022 | Others | ₹10 Cr | Open |
| 18 Nov 2020 | Hdfc Bank Limited | ₹12.22 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases
Prescon Homes Private Limited has 14 court cases on record: 12 filed by Prescon Homes, 2 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 2 |
| High courts | 6 | 0 | 3 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against M/S Reis Magos Estate Pvt. Ltd and 2 others | Pending |
| District court, North Goa, Goa | Appeal | Filed by the company against M/S Reis Magos Estate Pvt. Ltd. | Disposed |
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against M/S Reis Magos Estate Pvt. Ltd. and 1 other | Disposed |
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against Ms Reis Magos Estate Pvt Ltd | Disposed |
| Bombay High Court | Court case (WPCR) | Filed by the company against State of Goa THR Police Inspector and Anr | Pending |
: available in 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.
Employees and EPFO Compliance
Prescon Homes Private Limited has a workforce of 26 employees as of Apr 01, 2024.
: available in the company report
Recent Activity
Prescon Homes Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Vijay Kumar Puranmal Khowala ceased to be Additional Director on 11 Aug 2018.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Prescon Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECP5052E1ZY | Goa | Active | 13 Sep 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Prescon Homes 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 22 June 2007 (19+ years old) and is registered under CIN U45209MH2007PTC171924.
Prescon Homes has 2 current directors:
- Vijay Kumar Puranmal Khowala - Director
- Nirmal Bhagirathprasad Kedia - Director
The latest financial statements of Prescon Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prescon Homes is 30AAECP5052E1ZY, registered in Goa.
The CIN (Corporate Identification Number) of Prescon Homes is U45209MH2007PTC171924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prescon Homes has 14 court cases on record: 12 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Prescon Homes was incorporated on 22 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prescon Homes by revenue are Zeal Developers Private Limited, Manturam Infrastructure Private Limited, Daliya Builders and Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vijay Kumar Puranmal Khowala ceased to be Additional Director on 11 Aug 2018. Vinay Kedia ceased to be Director on 14 Oct 2017. Vijay Kumar Puranmal Khowala was appointed as Director on 12 Oct 2017. Prescon Homes has 7 board changes on record in total.
Prescon Homes can be reached through the website prescon.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prescon Homes is at 202 2nd Floor A – Wing Bldg. No.3 Sir M.V. Road Rahul Mittal Industrial Estate Andheri, East, Mumbai, Maharashtra, India – 400059.