
Ratnasagar Builders and Developers Limited
About Ratnasagar Builders and Developers Limited
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Ratnasagar Builders and Developers Limited is a public 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 16 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1997PLC109442.
The company has an authorised share capital of ₹20.25 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Chetan Chhabildas Shah and Pankaj Rasiklal Sanghavi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shreeji Arcade 2 Tata Roadopera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.64 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹35.41 Lakh (net margin -77.6%) and EBITDA of -₹6.56 Lakh (EBITDA margin -14.4%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years and 101% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShreeji Arcade 2 Tata Roadopera House, Mumbai, Maharashtra, India – 400004
- 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 of Ratnasagar Builders and Developers Limited
The main business activity of Ratnasagar Builders and Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Ratnasagar Builders and Developers Limited FY 2025 filings available
Ratnasagar Builders and Developers Limited reported revenue of ₹45.64 Lakh (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ratnasagar Builders and Developers Limited
Revenue has grown at a compounded annual rate (CAGR) of 101% over five years, including 31% growth in the latest year. EBITDA fell 116% 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 Ratnasagar Builders and Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹6.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹35.41 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 Ratnasagar Builders and Developers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -77.6% | •••• | •••• | •••• | •••• |
| 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 Ratnasagar Builders 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 Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers 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 |
|---|---|---|---|---|---|---|
| Greentown Retails Private Limited | ₹45.68 Lakh (FY 2025) | •••• | •••• | 1700.0% | •••• | Kolkata, West Bengal, India |
| Pacify Complex Private Limited | ₹45.68 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Jaz Exports and Engineering Private Limited | ₹45.67 Lakh (FY 2024) | •••• | •••• | 147.0% | •••• | Karnataka, India |
| Matrix Dotcom Infonet Private Limited. | ₹45.66 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Delhi, India |
| Stonecraft Estate Private Limited | ₹45.65 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Jodhpur, Rajasthan, India |
| Ratnasagar Builders and Developers Limited this company | ₹45.64 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Mahamai Builders Private Limited | ₹45.63 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Vasudha Realcon Private Limited | ₹45.63 Lakh (FY 2018) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
| Constrocorp Projects Private Limited | ₹45.63 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Zee Realty Private Limited | ₹45.61 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Bhairavkripa Estates Private Limited | ₹45.6 Lakh (FY 2018) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers Limited is audited by M P J & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M P J & 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 Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Chhabildas Shah | Director | 14 Nov 2000 | 25 Years 10 Months | Current |
| Pankaj Rasiklal Sanghavi | Director | 14 Nov 2000 | 25 Years 10 Months | Current |
| Vinodchandra Rajkaran Shah | Director | 19 Aug 2004 | 22 Years 1 Months | Current |
| Pradeep Shantilal Sanghavi | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
Ownership and Shareholding of Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers Limited has 1 court case on record: 1 filed by Ratnasagar Builders and Developers. All case is disposed. Status as checked on 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Shreeji Chamber Premises Co-Operative Societies Ltd | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Ratnasagar Builders and Developers Limited
Employment history and EPFO contributions of people linked to Ratnasagar Builders and Developers.
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.
CIN History of Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers has one previous CIN (Corporate Identification Number): U45200MH1997PTC109442. The current CIN is U45200MH1997PLC109442, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1997PLC109442 | Current |
| U45200MH1997PTC109442 | Previous |
Recent Activity on Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers Limited has 11 board changes on record since 2000: 5 appointments and 6 cessations. The latest: Haresh Rajmal Shah ceased to be Director on 26 Aug 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers Limited
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 Ratnasagar Builders and Developers 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 Ratnasagar Builders and Developers Limited
Ratnasagar Builders and Developers is an active public 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 16 July 1997 (29+ years old) and is registered under CIN U45200MH1997PLC109442.
Ratnasagar Builders and Developers reported revenue of ₹45.64 Lakh for FY 2025 (up 31% YoY).
Ratnasagar Builders and Developers has 4 current directors:
- Chetan Chhabildas Shah - Director
- Pankaj Rasiklal Sanghavi - Director
- Vinodchandra Rajkaran Shah - Director
- Pradeep Shantilal Sanghavi - Director
Ratnasagar Builders and Developers reported a net loss of ₹35.41 Lakh (net margin -77.6%) and EBITDA of -₹6.56 Lakh (EBITDA margin -14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ratnasagar Builders and Developers is 188% over three years and 101% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ratnasagar Builders and Developers is U45200MH1997PLC109442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnasagar Builders and Developers has 1 court case on record: 1 filed by the company.
Ratnasagar Builders and Developers was incorporated on 16 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ratnasagar Builders and Developers by revenue are Greentown Retails Private Limited, Pacify Complex Private Limited, Jaz Exports and Engineering Private Limited, Matrix Dotcom Infonet Private Limited, Stonecraft Estate Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Haresh Rajmal Shah ceased to be Director on 26 Aug 2025. Ankita Agarwal was appointed as Company Secretary on 01 Jul 2025. Bharat Vimalbhai Shah ceased to be Director on 30 Oct 2023. Ratnasagar Builders and Developers has 11 board changes on record in total.
The registered office of Ratnasagar Builders and Developers is at Shreeji Arcade 2 Tata Roadopera House, Mumbai, Maharashtra, India – 400004.