About Probity Constructions Private Limited
Data last updated:
Probity Constructions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2011PTC061435. Its GSTIN is 29AAGCP4691R1ZD (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Shamnaz Haneef and Moideenkutty Haneef Karukappadath.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 16 7th A Main Vinayaka Nagar B Block Konnena Agrahara Vimanapura Post, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.51 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹17.24 Lakh (net margin 4.9%) and EBITDA of ₹65.59 Lakh (EBITDA margin 18.7%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Probity Constructions Pvt Ltd. As per MCA filings, the company has open charges of ₹5.21 Cr and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website probityprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 16 7th A Main Vinayaka Nagar B Block Konnena Agrahara Vimanapura Post, Bangalore, Karnataka, India – 560017
- 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 Probity Constructions Private Limited
The main business activity of Probity Constructions 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
Verified entity values are shown only after access is granted.
Financials of Probity Constructions Private Limited FY 2024 filings available
Probity Constructions Private Limited reported revenue of ₹3.51 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Probity Constructions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 25% fall in the latest year. EBITDA fell 22% 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 Probity Constructions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹65.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.24 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 of Probity Constructions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Probity Constructions 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 Probity Constructions Private Limited
Probity Constructions Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eta Properties and Investments Private Limited | ₹3.51 Cr (FY 2024) | •••• | •••• | -89.0% | •••• | Chennai, Tamil Nadu, India |
| Anglogoldy Infrastructure Private Limited | ₹3.51 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Generous Keen Associates Private Limited | ₹3.51 Cr (FY 2024) | •••• | •••• | 1145.0% | •••• | Puri, Odisha, India |
| Ghanaram Construction Company Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | 251.0% | •••• | Uttar Pradesh, India |
| Design Paradise Associates Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | New Delhi, Delhi, India |
| Probity Constructions Private Limited this company | ₹3.51 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Chemical and Metallurgical Design Company Limited | ₹3.5 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| T M S Real Estate Private Limited | ₹3.5 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Jalandhar, Punjab, India |
| Comfort Vanijya Pvt Ltd | ₹3.5 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | North 24 Parganas, West Bengal, India |
| Amigo Prefab Private Limited | ₹3.5 Cr (FY 2024) | •••• | •••• | 219.0% | •••• | Pune, Maharashtra, India |
| Adam Realty Partners Private Limited | ₹3.5 Cr (FY 2024) | •••• | •••• | 1239.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Probity Constructions by revenue in the Real Estate industry (Builders and Developers), 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 Probity Constructions Private Limited
Probity Constructions Private Limited is audited by DIVAKARA S & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DIVAKARA S & ASSOCIATES | 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 Probity Constructions Private Limited
Probity Constructions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamnaz Haneef | Director | 30 Nov 2011 | 14 Years 10 Months | Current |
| Moideenkutty Haneef Karukappadath | Director | 30 Nov 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Probity Constructions 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 Probity Constructions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2022 | The South Indian Bank Limited | ₹15 Lakh | Open |
| 18 Jun 2020 | The South Indian Bank Limited | ₹66 Lakh | Open |
| 09 May 2018 | The South Indian Bank Limited | ₹2 Cr | Open |
| 28 Mar 2017 | Others | ₹60 Lakh | Open |
| 12 Mar 2014 | Others | ₹1.8 Cr | Open |
Total charge records: 6 View all charges
Associated Brands with Probity Constructions Private Limited
Probity Constructions operates one associated brand: Probity Constructions Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services encompassing residential, commercial, industrial, and hospitality projects in India. | probityprojects.com |
Employees and EPFO Compliance at Probity Constructions Private Limited
Probity Constructions Private Limited has a workforce of 11 employees as of Mar 29, 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 Probity Constructions Private Limited
Probity Constructions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Moideenkutty Haneef Karukappadath was appointed as Director on 30 Nov 2011.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Probity Constructions 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 Probity Constructions 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 Probity Constructions 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 Probity Constructions Private Limited
Probity Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP4691R1ZD | Karnataka | 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 Probity Constructions 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 Probity Constructions Private Limited
Probity Constructions is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 November 2011 (15+ years old) and is registered under CIN U45200KA2011PTC061435.
Probity Constructions reported revenue of ₹3.51 Cr for FY 2024 (down 25% YoY).
Probity Constructions has 2 current directors:
- Shamnaz Haneef - Director
- Moideenkutty Haneef Karukappadath - Director
Probity Constructions reported a net profit of ₹17.24 Lakh (net margin 4.9%) and EBITDA of ₹65.59 Lakh (EBITDA margin 18.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Probity Constructions is -27% over three years and -18% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Probity Constructions is 29AAGCP4691R1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Probity Constructions is U45200KA2011PTC061435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Probity Constructions was incorporated on 30 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Probity Constructions by revenue are Eta Properties and Investments Private Limited, Anglogoldy Infrastructure Private Limited, Generous Keen Associates Private Limited, Ghanaram Construction Company Private Limited, Design Paradise Associates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Moideenkutty Haneef Karukappadath was appointed as Director on 30 Nov 2011. Shamnaz Haneef was appointed as Director on 30 Nov 2011.
Probity Constructions can be reached through the website probityprojects.com. Its registered office is in Bangalore, Karnataka, India.