Principle Constructions and Developers Private Limited
About Principle Constructions and Developers Private Limited
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Principle Constructions and Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2013PTC074070. Its GSTIN is 24AAHCP0987H1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaushal Harshadbhai Thakkar and Aakash Harshadkumar Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 6 Saubhagya Nagar Society Nr. Baronate Complex Juna Tolnaka Sabarmati, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.61 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹8,620 (net margin 1.5%) and EBITDA of ₹11,649 (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6 Saubhagya Nagar Society Nr. Baronate Complex Juna Tolnaka Sabarmati, Ahmedabad, Gujarat, India – 380005
- IndustryInfrastructure and Utilities, General Construction Services
- 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 of Principle Constructions and Developers Private Limited
The main business activity of Principle Constructions and Developers is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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
Verified entity values are shown only after access is granted.
Financials of Principle Constructions and Developers Private Limited FY 2019 filings available
Principle Constructions and Developers Private Limited reported revenue of ₹5.61 Lakh (down 85% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Principle Constructions and Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 85% fall in the latest year. EBITDA fell 85% 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 Principle Constructions and Developers Private Limited
| Metrics | FY 2018-19 | 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11,649 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,620 | •••• | •••• | •••• | •••• |
| 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 Principle Constructions and Developers Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Principle Constructions and Developers 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maas Creators Private Limited | ₹5.62 Lakh (FY 2025) | •••• | •••• | 340.0% | •••• | Srinagar, Jammu & Kashmir, India |
| JB Highways Private Limited | ₹5.62 Lakh (FY 2020) | •••• | •••• | -49.0% | •••• | Bhubaneswar, Orissa, India |
| Waterquest Hydroresources Management India Private Limited | ₹5.62 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| Vennela Infrastructure Private Limited | ₹5.61 Lakh (FY 2021) | •••• | •••• | -84.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| MNT India Solution Private Limited | ₹5.61 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Principle Constructions and Developers Private Limited this company | ₹5.61 Lakh (FY 2019) | •••• | •••• | -85.0% | •••• | Ahmedabad, Gujarat, India |
| Futurous Structure Developers Private Limited | ₹5.6 Lakh (FY 2020) | •••• | •••• | -28.0% | •••• | Nagarkoil, Tamil Nadu, India |
| Standardbuild Infrastructure Limited | ₹5.59 Lakh (FY 2017) | •••• | •••• | -90.0% | •••• | Bangalore, Karnataka, India |
| Hermes Tensile Membrane Structures Private Limited | ₹5.57 Lakh (FY 2025) | •••• | •••• | 76.0% | •••• | Bengauru, Karnataka, India |
| Gopaldas Vasudev Construction Pvt Ltd | ₹5.57 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Agg Developers Private Limited | ₹5.57 Lakh (FY 2021) | •••• | •••• | -4.0% | •••• | Dewas, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Principle Constructions and Developers by revenue in the Infrastructure industry (Construction Services), 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers Private Limited is audited by SALAWAT HUNDLANI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SALAWAT HUNDLANI & 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Harshadbhai Thakkar Also directs: Principle Buildcon and Infrastructure Private Limited | Director | 20 Mar 2013 | 13 Years 6 Months | Current |
| Aakash Harshadkumar Thakkar Also directs: Principle Buildcon and Infrastructure Private Limited | Director | 12 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Principle Constructions and Developers 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Principle Constructions and Developers Private Limited
Principle Constructions and Developers Private Limited has a workforce of 4 employees as of Apr 10, 2024.
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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Harshadbhai Lalbhai Thakkar ceased to be Director on 14 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Principle Constructions and Developers 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 Principle Constructions and Developers 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 Principle Constructions and Developers 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP0987H1Z8 | Gujarat | Active | 01 Jul 2017 |
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 Principle Constructions and Developers 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 Principle Constructions and Developers Private Limited
Principle Constructions and Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 March 2013 (13+ years old) and is registered under CIN U45201GJ2013PTC074070.
Principle Constructions and Developers reported revenue of ₹5.61 Lakh for FY 2019 (down 85% YoY).
Principle Constructions and Developers has 2 current directors:
- Kaushal Harshadbhai Thakkar - Director
- Aakash Harshadkumar Thakkar - Director
Principle Constructions and Developers reported a net profit of ₹8,620 (net margin 1.5%) and EBITDA of ₹11,649 (EBITDA margin 2.1%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Principle Constructions and Developers is -5% over three years. In the latest year (FY 2019) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Principle Constructions and Developers is 24AAHCP0987H1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Principle Constructions and Developers is U45201GJ2013PTC074070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Principle Constructions and Developers was incorporated on 20 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Principle Constructions and Developers by revenue are Maas Creators Private Limited, JB Highways Private Limited, Waterquest Hydroresources Management India Private Limited, Vennela Infrastructure Private Limited, MNT India Solution Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Harshadbhai Lalbhai Thakkar ceased to be Director on 14 Dec 2024. Aakash Harshadkumar Thakkar was appointed as Director on 12 Dec 2024. Kaushal Harshadbhai Thakkar was appointed as Director on 20 Mar 2013.
The registered office of Principle Constructions and Developers is at 6 Saubhagya Nagar Society Nr. Baronate Complex Juna Tolnaka Sabarmati, Ahmedabad, Gujarat, India – 380005.