About Radhe Developers (India) Limited
Data last updated:
Radhe Developers (India) Limited is a public limited company based in Sanand, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45201GJ1995PLC024491. Its GSTIN is 24AAACR9177L1ZW (Gujarat). Its shares are listed on BSE: 531273.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹54.89 Cr. It is led by directors including Ashishbhai Prafulbhai Patel (Managing Director) and Alok Hrishikesh Vaidya.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sanand, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹11.76 Cr, a growth of 53.5% compared to the previous year. For the same year it recorded a net profit of ₹3.25 Cr (net margin 27.6%) and EBITDA of ₹4.99 Cr (EBITDA margin 42.4%). The net worth stands at ₹70.19 Cr (up 16% YoY). Total assets are valued at ₹100.54 Cr (up 5% YoY).
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Radhe Developers and Radhedevelopers. As per MCA filings, the company has open charges of ₹14.45 Cr and satisfied charges of ₹6.15 Cr 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 radhedevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRadhe Acres Block No. 220 226 & 227, B/H. Applewoods Township, Sanand, Gujarat, India – 380058
- 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
Associated Brands with Radhe Developers (India) Limited
Radhe Developers (India) operates two associated brands: Radhe Developers and Radhedevelopers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Property development company | radheinfra.com | |
| Development services are provided by Radhedevelopers in Mumbai, India. | radhedevelopers.com |
Business Activity of Radhe Developers (India) Limited
The main business activity of Radhe Developers (India) 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.
Auditor Details of Radhe Developers (India) Limited
Radhe Developers (India) Limited is audited by Shah & Jhalawadia for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah & Jhalawadia | 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 Radhe Developers (India) Limited
Radhe Developers (India) has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Hrishikesh Vaidya Also directs: Alpine Crest LLP, Dwarkesh Realty Private Limited | Director | 14 Mar 2005 | 21 Years 6 Months | Current |
| Jahnavi Ashishbhai Patel | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Ashishbhai Prafulbhai Patel | Managing Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Dineshsingh Umashankar Kshatriya Also directs: Sumptous Melting Foods Private Limited, Garima Venture Finance Limited, Garima Property Management Private Limited and 1 more | Director | 02 Jul 2025 | 1 Years 3 Months | Current |
| Rajendra Bholabhai Patel Also directs: Amrapali Recreation LLP, Amrapali Entertainment LLP, Mahalaxmi Housing and Finstock Private Limited and 1 more | Director | 28 Jul 2025 | 1 Years 2 Months | Current |
| Patel Vasantlal Nirav Also directs: Radhe Infrastructure and Projects(India)Limited | Director | 29 Jul 2023 | 3 Years 2 Months | Current |
Financials of Radhe Developers (India) Limited FY 2025-26 filings available
Radhe Developers (India) Limited reported revenue of ₹11.76 Cr (up 53.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11.76 | 7.66 | 6.76 | 14.34 | 43.60 | 0.89 | 3.86 |
| Revenue growth | +53.5% | +13.3% | -52.9% | -67.1% | +4798.9% | -76.9% | - |
| EBITDA | 4.99 | 3.20 | (2.92) | 1.44 | 32.77 | (2.43) | (1.36) |
| EBITDA margin | +42.4% | +41.8% | -43.2% | +10.0% | +75.2% | -273.0% | -35.2% |
| Profit before tax | 3.44 | 1.46 | (4.55) | 1.58 | 32.33 | (3.03) | (1.98) |
| Net profit | 3.25 | 1.35 | (4.50) | 0.70 | 25.22 | (2.65) | (1.92) |
| Net profit margin | +27.6% | +17.6% | -66.6% | +4.9% | +57.8% | -297.8% | -49.7% |
| EPS (₹) | 0.06 | 0.03 | (0.09) | 0.01 | 10.02 | (1.16) | (0.76) |
| Balance sheet | |||||||
| Total assets | 101 | 95.71 | 93.26 | 78.20 | 65.16 | 29.91 | 33.40 |
| Net worth | 70.19 | 60.53 | 50.55 | 55.16 | 54.44 | 29.20 | 32.11 |
| Total debt | 30.10 | 34.92 | 42.43 | 22.78 | 10.48 | 0.49 | 1.10 |
| Cash & bank | 0.35 | 0.41 | 1.28 | 0.37 | 0.26 | 0.52 | 0.38 |
| Net working capital | 21.69 | 25.20 | 22.37 | 7.82 | (1.96) | 3.98 | 9.19 |
| Cash flow | |||||||
| Cash from operations | 2.91 | (0.83) | (18.66) | (9.14) | (8.39) | (0.02) | (0.14) |
| Cash from investing | (3.73) | (0.09) | 0.58 | (2.73) | (1.78) | 0.81 | (0.95) |
| Cash from financing | 0.79 | 0.04 | 18.98 | 11.98 | 9.90 | (0.65) | 0.93 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 2.39 | 0.08 | 2.49 | 6.15 | 4.19 | 0.00 | 3.27 |
| Revenue growth (YoY) | -100.0% | -43.0% | - | -23.9% | +2975.0% | - | - | - |
| Other income | 0.02 | 0.10 | 0.02 | 0.01 | 0.00 | 0.00 | 0.03 | 0.00 |
| Total expenses | 0.81 | 2.17 | 1.18 | 1.37 | 1.42 | 1.30 | 1.12 | 1.26 |
| EBITDA | (0.81) | 0.22 | (1.10) | 1.12 | 4.73 | 2.89 | (1.12) | 2.01 |
| EBITDA margin | - | +9.2% | -1375.0% | +45.0% | +76.9% | +69.0% | - | +61.5% |
| Depreciation | 0.20 | 0.27 | 0.25 | 0.18 | 0.18 | 0.19 | 0.18 | 0.18 |
| Interest | 0.19 | 0.21 | 0.21 | 0.18 | 0.20 | 0.45 | 0.02 | 0.30 |
| Profit before tax | (1.18) | (0.16) | (1.54) | 0.77 | 4.35 | 2.25 | (1.29) | 1.53 |
| Tax | 0.01 | (0.27) | (0.01) | (0.02) | 0.48 | (0.01) | 0.09 | 0.04 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 2.39 | 0.08 | 2.49 | 6.15 | 4.19 | 0.00 | 3.27 |
| Revenue growth (YoY) | -100.0% | -43.0% | - | -23.9% | +2975.0% | - | - | - |
| Other income | 0.02 | 0.10 | 0.02 | 0.01 | 0.00 | 0.00 | 0.03 | 0.00 |
| Total expenses | 0.81 | 2.17 | 1.18 | 1.37 | 1.42 | 1.30 | 1.12 | 1.26 |
| EBITDA | (0.81) | 0.22 | (1.10) | 1.12 | 4.73 | 2.89 | (1.12) | 2.01 |
| EBITDA margin | - | +9.2% | -1375.0% | +45.0% | +76.9% | +69.0% | - | +61.5% |
| Depreciation | 0.20 | 0.27 | 0.25 | 0.18 | 0.18 | 0.19 | 0.18 | 0.18 |
| Interest | 0.19 | 0.21 | 0.21 | 0.18 | 0.20 | 0.45 | 0.02 | 0.30 |
| Profit before tax | (1.18) | (0.16) | (1.54) | 0.77 | 4.35 | 2.25 | (1.29) | 1.53 |
| Tax | 0.01 | (0.27) | (0.01) | (0.02) | 0.48 | (0.01) | 0.09 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11.76 | 7.66 | 6.76 | 14.34 | 43.60 | 0.89 | 3.86 |
| Revenue growth | +53.5% | +13.3% | -52.9% | -67.1% | +4798.9% | -76.9% | - |
| Other income | 0.14 | 0.03 | 0.02 | 0.99 | 0.02 | 0.00 | 0.01 |
| Total expenses | 6.77 | 4.46 | 9.68 | 12.90 | 10.83 | 3.32 | 5.22 |
| Employee cost | 1.04 | 0.86 | 1.68 | 1.47 | 1.30 | 1.18 | 1.18 |
| EBITDA | 4.99 | 3.20 | (2.92) | 1.44 | 32.77 | (2.43) | (1.36) |
| EBITDA margin | +42.4% | +41.8% | -43.2% | +10.0% | +75.2% | -273.0% | -35.2% |
| Depreciation | 0.88 | 0.74 | 0.97 | 0.51 | 0.36 | 0.56 | 0.59 |
| Interest | 0.81 | 1.03 | 0.68 | 0.34 | 0.10 | 0.04 | 0.04 |
| Profit before tax | 3.44 | 1.46 | (4.55) | 1.58 | 32.33 | (3.03) | (1.98) |
| Tax | 0.19 | 0.11 | 0.08 | 0.88 | 7.11 | (0.13) | (0.06) |
| Net profit | 3.25 | 1.35 | (4.50) | 0.70 | 25.22 | (2.65) | (1.92) |
| Net profit margin | +27.6% | +17.6% | -66.6% | +4.9% | +57.8% | -297.8% | -49.7% |
| EPS (₹) | 0.06 | 0.03 | (0.09) | 0.01 | 10.02 | (1.16) | (0.76) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 54.89 | 52.37 | 50.36 | 50.36 | 25.18 | 25.18 | 25.18 |
| Reserves & surplus | 15.30 | 8.16 | 0.19 | 4.80 | 29.26 | 4.02 | 6.93 |
| Shareholders' funds (net worth) | 70.19 | 60.53 | 50.55 | 55.16 | 54.44 | 29.20 | 32.11 |
| Secured loans | 7.58 | 7.44 | 8.94 | 1.43 | 0.64 | 0.08 | 0.52 |
| Unsecured loans | 22.52 | 27.48 | 33.49 | 21.35 | 9.84 | 0.41 | 0.58 |
| Total debt | 30.10 | 34.92 | 42.43 | 22.78 | 10.48 | 0.49 | 1.10 |
| Total liabilities | 101 | 95.71 | 93.26 | 78.20 | 65.16 | 29.91 | 33.40 |
| Assets | |||||||
| Gross block | 8.22 | 5.68 | 5.59 | 6.67 | 4.08 | 2.90 | 5.08 |
| Net block | 5.42 | 2.76 | 3.40 | 5.09 | 2.88 | 1.42 | 3.04 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 52.77 | 51.25 | 49.57 | 42.89 | 23.06 | 19.63 | 19.63 |
| Sundry debtors | 0.00 | 0.00 | 0.31 | 0.01 | 0.01 | 0.01 | 0.01 |
| Cash & bank balances | 0.35 | 0.41 | 1.28 | 0.37 | 0.26 | 0.52 | 0.38 |
| Loans & advances | 9.14 | 18.95 | 17.83 | 12.21 | 8.57 | 12.20 | 15.83 |
| Total current assets | 62.26 | 70.61 | 68.99 | 55.48 | 31.90 | 32.36 | 35.85 |
| Total current liabilities | 40.57 | 45.41 | 46.62 | 47.66 | 33.86 | 28.38 | 26.66 |
| Net working capital | 21.69 | 25.20 | 22.37 | 7.82 | (1.96) | 3.98 | 9.19 |
| Total assets | 101 | 95.71 | 93.26 | 78.20 | 65.16 | 29.91 | 33.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.30 | 1.17 | 0.26 | 0.16 | 0.41 | 0.27 | 0.42 |
| Net cash from operating activities | 2.91 | (0.83) | (18.66) | (9.14) | (8.39) | (0.02) | (0.14) |
| Net cash from investing activities | (3.73) | (0.09) | 0.58 | (2.73) | (1.78) | 0.81 | (0.95) |
| Net cash from financing activities | 0.79 | 0.04 | 18.98 | 11.98 | 9.90 | (0.65) | 0.93 |
| Net change in cash | (0.03) | (0.87) | 0.90 | 0.11 | (0.26) | 0.15 | (0.15) |
| Closing cash | 0.35 | 0.41 | 1.28 | 0.37 | 0.26 | 0.52 | 0.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +53.5% | +13.3% | -52.9% | -67.1% | +4798.9% | -76.9% | - |
| EBITDA growth | +55.9% | +209.6% | -302.8% | -95.6% | +1448.6% | -78.7% | - |
| PBT growth | +135.6% | +9998.0% | - | -95.1% | +9998.0% | -53.0% | - |
| Net income growth | +140.7% | +130.0% | -742.9% | -97.2% | +1051.7% | -38.0% | - |
| Revenue CAGR (3Y) | -6.4% | -44.0% | +96.6% | +54.9% | +60.0% | -55.3% | -11.2% |
| EBITDA CAGR (3Y) | +51.3% | -54.0% | +6.3% | - | +275.3% | - | +73.6% |
| Profitability & leverage | |||||||
| Net income margin | +27.6% | +17.6% | -68.5% | +4.9% | +57.8% | -325.8% | -49.7% |
| Return on capital employed | +4.3% | +2.6% | -4.5% | +2.7% | +68.2% | 0.0% | 0.0% |
| Return on net worth | +5.0% | +2.4% | -8.8% | +1.3% | +60.3% | 0.0% | 0.0% |
| Debt / equity | 0.50 | 0.70 | 0.62 | 0.30 | 0.13 | 0.03 | 0.02 |
| Long-term debt / equity | 0.11 | 0.15 | 0.10 | 0.02 | 0.01 | 0.01 | 0.01 |
| Interest cover | 19.71 | 41.87 | -17.48 | 36.56 | 0.31 | -1.34 | -2.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.69 | 1.36 | 1.10 | 2.67 | 12.49 | 0.22 | 0.83 |
| Inventory turnover | 0.23 | 0.15 | 0.15 | 0.43 | 2.04 | 0.05 | 0.19 |
| Debtors turnover | 0.00 | 49.42 | 42.25 | 1,434.00 | 4,360.00 | 89.00 | 257.33 |
| EPS (₹) | 0.06 | 0.03 | (0.09) | 0.01 | 10.02 | (1.16) | (0.76) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.28 | 1.16 | 1.00 | 1.10 | 21.62 | 11.60 | 12.75 |
Shareholding Pattern of Radhe Developers (India) Limited
Shareholding for the quarter ended Mar 2026: promoters hold 49.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 50.30%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 49.70% | 47.30% | 47.30% | 47.30% |
| Public | 50.30% | 52.70% | 52.70% | 52.70% |
Charges & Borrowings of Radhe Developers (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2025 | Bank of India | ₹3.25 Cr | Open |
| 16 Nov 2023 | Indian Bank | ₹10 Cr | Open |
| 29 Oct 2022 | Bank of India | ₹69.85 Lakh | Open |
| 29 Jun 1996 | Piramal Financial Services Ltd. | ₹50 Lakh | Open |
| 21 Jan 2023 | Bank of India | ₹70 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Radhe Developers (India) Limited
Radhe Developers (India) Limited has a workforce of 8 employees as of Apr 01, 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
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GST Compliance of Radhe Developers (India) Limited
Radhe Developers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9177L1ZW | 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
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Credit Ratings, Litigation & Regulatory Alerts for Radhe Developers (India) Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Radhe Developers (India) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Radhe Developers (India) Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of Radhe Developers (India) 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
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- Complete filing index
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Recent Activity on Radhe Developers (India) Limited
Frequently Asked Questions about Radhe Developers (India) Limited
Radhe Developers (India) is an active public limited company based in Sanand, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 February 1995 (31+ years old) and is registered under CIN L45201GJ1995PLC024491. Listed on BSE: 531273.
Radhe Developers (India) reported revenue of ₹11.76 Cr for FY 2025-26 (up 53.5% YoY) based on standalone financials.
Radhe Developers (India) has 6 current directors:
- Ashishbhai Prafulbhai Patel - Managing Director
- Alok Hrishikesh Vaidya - Director
- Jahnavi Ashishbhai Patel - Director
- Dineshsingh Umashankar Kshatriya - Director
- Rajendra Bholabhai Patel - Director
- Patel Vasantlal Nirav - Director
The GSTIN of Radhe Developers (India) is 24AAACR9177L1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Radhe Developers (India) is L45201GJ1995PLC024491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Radhe Developers (India) is listed on BSE with code 531273.
Radhe Developers (India) was incorporated on 03 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Radhe Developers (India) can be reached through the website radhedevelopers.com. Its registered office is in Sanand, Gujarat, India.
The registered office of Radhe Developers (India) is at Radhe Acres Block No. 220 226 & 227, BH. Applewoods Township, Sanand, Gujarat, India – 380058.