MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-11-0003652
Qcrete Readymix (India) Private Limited - manufacturing in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹105.61 Cr
▲ 27% YoY
Net profit · FY 2025
₹1.37 Cr
Net margin 1.3%
EBITDA · FY 2025
₹11.32 Cr
EBITDA margin 10.7%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.37 Cr
Issued & subscribed
Open charges
₹82.08 Cr
Satisfied ₹10.1 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
67
Provident fund records
About Qcrete Readymix (India) Private Limited
Data last updated:
Qcrete Readymix (India) Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 11 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2016PTC097739. Its GSTIN is 29AAACQ4470D1ZI (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.37 Cr. It is led by directors including Rajeevan Muthu and Bijo Mathew.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.61 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 1.3%) and EBITDA of ₹11.32 Cr (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Qcrete India. As per MCA filings, the company has open charges of ₹82.08 Cr and satisfied charges of ₹10.1 Cr on record. Court records list 45 cases involving the company, including 41 filed by the company and 4 filed against it; 20 cases are pending. The company has 9 deals on record (6 rights issues, 3 funding rounds), with disclosed funding of ₹5.35 Cr; the latest was in January 2023. Its 4 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Aakaash Manufacturing Company Private Limited with revenue of ₹109.79 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 55 overdue payments to 11 micro and small suppliers.
Qcrete Readymix (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0003652). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qcreteindia.com.
Company details
CIN U45309KA2016PTC097739
Registration Number 097739
Incorporation Date 11 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-11-0003652
Recognitions & Rankings of Qcrete Readymix (India)
Contact details
Qcrete Readymix (India) Private Limited's registered office is in Mangalore, Karnataka. Its website is qcreteindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMindspace, Shop No 214 2nd Floor Yeyyady, Mangalore, Karnataka, India – 575008
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Qcrete Readymix (India) Private Limited, buy the company report.
Comprehensive company report
Qcrete Readymix (India) Private 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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Brands
Qcrete Readymix (India) operates one associated brand: Qcrete India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies ready-mixed concrete for industrial and residential needs. | qcreteindia.com |
Business activity
The main business activity of Qcrete Readymix (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Qcrete Readymix (India) Private Limited, buy the company report.
Financials of Qcrete Readymix (India) Private Limited
FY 2025 filings availableQcrete Readymix (India) Private Limited reported revenue of ₹105.61 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹105.61 Cr ▲ 27%
Net profit · FY 2025
₹1.37 Cr margin 1.3%
EBITDA · FY 2025
₹11.32 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 2%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 67%
5 years · compounded
▲ 49%
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Qcrete Readymix (India) Private Limited, buy the company report.
Board of directors of Qcrete Readymix (India) Private Limited
Qcrete Readymix (India) has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeevan Muthu Also directs: Amazecrete Private Limited | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Bijo Mathew Also directs: Amazecrete Private Limited | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Shelly Stephen Fernandez Also directs: Amazecrete Private Limited | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
| Sandeep Konchady Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
| Ajith Kumar Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
| Ramkumar Bekal Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Qcrete Readymix (India) Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aakaash Manufacturing Company Private Limited | ₹109.79 Cr (FY 2025) | -2.0% | Panaji, Goa, India | |||
| Greyforce Industries Limited | ₹107.83 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Qcrete Readymix (India) Private Limitedthis company | ₹105.61 Cr (FY 2025) | ₹1.37 Cr | 1.3% | 27.0% | 67 | Mangalore, Karnataka, India |
| Oriental Power Cables Ltd | ₹103.69 Cr (FY 2025) | -58.0% | Kota, Rajasthan, India | |||
| Drychem Solutions Private Limited | ₹99.53 Cr (FY 2020) | 198.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Qcrete Readymix (India) Private Limited, buy the company report.
Shareholding
The shareholding of Qcrete Readymix (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qcrete Readymix (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹82.08 Cr
Satisfied charges
₹10.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2025 | 101170198 | Axis Bank Limited | ₹6 Cr | Open | |
| 05 Aug 2025 | 101146444 | Others | ₹8 Cr | Open | |
| 16 Jun 2025 | 101112600 | Others | ₹1.5 Cr | Open | |
| 19 Mar 2024 | 100895807 | Others | ₹3.4 Cr | Open | |
| 07 Mar 2024 | 100880154 | State Bank of India | ₹3.7 Cr | Open |
To see the full charge records of Qcrete Readymix (India) Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Qcrete Readymix (India) Private Limited has 9 deals on record (6 rights issues, 3 funding rounds), with disclosed funding of ₹5.35 Cr; the latest was in January 2023.
Total deals
9
Rights issues
6
Funding rounds
3
Disclosed funding
₹5.35 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹42.5 Lakh | Investors: 4 individuals |
| Dec 2022 | Rights issue | ₹1 Cr | Investors: Amazecrete Private Limited |
| Apr 2022 | Rights issue | ₹18 Lakh | Investors: 4 individuals |
| Jun 2020 | Rights issue | ₹55.8 Lakh | Investors: 4 individuals |
| Aug 2018 | Rights issue | ₹80 Lakh | Investors: 4 individuals |
To see the full deal history of Qcrete Readymix (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Qcrete Readymix (India) Private Limited has 45 court cases on record: 41 filed by Qcrete Readymix (India), 4 filed against it. 20 cases are pending and 25 are disposed.
Total cases
45
Filed by the company
41
Filed against the company
4
Pending
20
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 2 | 18 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Hive Venture Private Limited | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Vishnuo Infra Pvt.Ltd. and 1 other | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Vishnuo Infra Pvt.Ltd. and 2 others | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against Kunnel Engineers and Contractors Pvt.Ltd. and 2 others | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against Silpa Projects and Infrastructure India Pvt Ltd and 2 others | Disposed |
To see the full case history of Qcrete Readymix (India) Private 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.
MSME payment delays
Qcrete Readymix (India) Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 55 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nouka FTC Logistics LLP | |||
| an individual supplier | |||
| Ecmas Construction Chemicals Private Limited | |||
| Concrete Additives and Chemicals Private Limited | |||
| Madeckal Metals |
To see the full MSME payment records of Qcrete Readymix (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Qcrete Readymix (India) Private Limited has a workforce of 67 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
-9.46%
GST
Qcrete Readymix (India) has 6 GST registrations: 3 active and 3 cancelled or inactive.
Total GSTINs
6
Active
3
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ4470D1ZI | Karnataka | Active | 01 Jul 2017 |
| 32AAACQ4470D3ZT | Kerala | Active | 01 Jul 2017 |
| 33AAACQ4470D2ZS | Tamil Nadu | Active | 06 Jan 2023 |
To see the full GST registrations and return filing status of Qcrete Readymix (India) Private Limited, buy the company report.
Recent activity
Qcrete Readymix (India) Private Limited has 9 board changes on record since 2016: 7 appointments and 2 cessations. The latest: Kowshika Ram Venkat was appointed as Director on 05 Aug 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.00 Cr with Charge ID 101170198 was registered on 03 Oct 2025.
AGM
Qcrete Readymix (India) Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101146444 was registered on 05 Aug 2025.
Charges
A charge with Others of Rs. 30.25 Cr registered on 30 Dec 2021 with Charge ID 100521477 was modified on 05 Aug 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101112600 was registered on 16 Jun 2025.
Filing
Qcrete Readymix (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 3.40 Cr with Charge ID 100895807 was registered on 19 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 3.70 Cr with Charge ID 100880154 was registered on 07 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.97 Cr with Charge ID 100848762 was registered on 22 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.27 Cr with Charge ID 100808478 was registered on 10 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.38 Cr with Charge ID 100810161 was registered on 10 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.13 Cr with Charge ID 100808264 was registered on 30 Sep 2023.
33 earlier events are in the company report.
Frequently asked questions
Qcrete Readymix (India) is an active private limited company based in Mangalore, Karnataka, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 11 November 2016 (10+ years old) and is registered under CIN U45309KA2016PTC097739.
Qcrete Readymix (India) has 7 current directors:
- Rajeevan Muthu - Director
- Bijo Mathew - Director
- Shelly Stephen Fernandez - Director
- Sandeep Konchady - Director
- Ajith Kumar - Director
- Ramkumar Bekal - Director
- Kowshika Ram Venkat - Director
The latest financial statements of Qcrete Readymix (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Qcrete Readymix (India) is 29AAACQ4470D1ZI, registered in Karnataka. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 32AAACQ4470D3ZT (Kerala), 33AAACQ4470D2ZS (Tamil Nadu).
The CIN (Corporate Identification Number) of Qcrete Readymix (India) is U45309KA2016PTC097739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qcrete Readymix (India) has 45 court cases on record: 41 filed by the company and 4 filed against it. 20 are pending. Most are in the district courts.
Qcrete Readymix (India) was incorporated on 11 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Qcrete Readymix (India) has 9 deals on record (6 rights issues, 3 funding rounds), with disclosed funding of ₹5.35 Cr; the latest was in January 2023.
The peers of Qcrete Readymix (India) by revenue are Aakaash Manufacturing Company Private Limited, Greyforce Industries Limited, Oriental Power Cables Ltd, Drychem Solutions Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kowshika Ram Venkat was appointed as Director on 05 Aug 2022. Bijo Mathew ceased to be Additional Director on 29 Sep 2018. Rajeevan Muthu ceased to be Additional Director on 29 Sep 2018. Qcrete Readymix (India) has 9 board changes on record in total.
Yes, Qcrete Readymix (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-11-0003652).
Qcrete Readymix (India) has 10 MSME Form 1 returns on record between 2019 and 2024, listing 55 overdue payments to 11 micro and small suppliers. The latest return was filed on 12 Apr 2024.