MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0059235
Recondo Ltd
Recondo Ltd - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹23.86 Lakh
▼ 8% YoY
Net profit · FY 2022
₹33,450
Net margin 1.4%
EBITDA · FY 2022
-₹21.53 Lakh
EBITDA margin -90.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Company age
79 yrs
Est. 1947
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Recondo Ltd
Data last updated:
Recondo Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 21 February 1947 and has been in existence for over 79 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1947PLC005579.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Mohan Khubchand Thakur and Janet Dowling.
Its last annual general meeting (AGM) was held on 20 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹23.86 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹33,450 (net margin 1.4%) and EBITDA of -₹21.53 Lakh (EBITDA margin -90.2%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 30% over five years.
Court records list 87 cases involving the company, including 39 filed by the company and 48 filed against it; 1 case is pending.
Recondo Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0059235). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U99999MH1947PLC005579
Registration Number 005579
Incorporation Date 21 February 1947
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0059235
CIN history
Recondo has one previous CIN (Corporate Identification Number): U99999MH1947PTC005579. The current CIN is U99999MH1947PLC005579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1947PLC005579 | Current |
| U99999MH1947PTC005579 | Previous |
Recognitions & Rankings of Recondo
Contact details
Recondo Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/A Floor – Grd Recondo Compound, Sudam Kalu Ahire Marg Glaxo, Mumbai, Maharashtra, India – 400030
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Recondo Ltd, buy the company report.
Comprehensive company report
Recondo Ltd - 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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Financials of Recondo Ltd
FY 2024 filings availableRecondo Ltd reported revenue of ₹23.86 Lakh (down 8% YoY) for FY 2022.
Revenue · FY 2022
₹23.86 Lakh ▼ 8%
Net profit · FY 2022
₹33,450 margin 1.4%
EBITDA · FY 2022
-₹21.53 Lakh margin -90.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 89%
5 years · compounded
▲ 30%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,450 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -90.2% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Recondo Ltd, buy the company report.
Board of directors of Recondo Ltd
Recondo has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Khubchand Thakur | Director | 26 Jul 2000 | 26 Years 3 Months | Current |
| Janet Dowling | Director | 10 Apr 2019 | 7 Years 6 Months | Current |
| Vivek Talwar Prannath Also directs: Reliant Properties and Realty LLP, Greenarth Properties and Realty LLP, Strongbase Properties LLP and 5 more | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Recondo Ltd is audited by U.B.SURA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U.B.SURA & CO | FY 2022 | 032026 |
Shareholding
The shareholding of Recondo Ltd 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 Recondo Ltd, buy the company report.
Legal cases
Recondo Ltd has 87 court cases on record: 39 filed by Recondo, 48 filed against it. 1 case is pending and 86 are disposed.
Total cases
87
Filed by the company
39
Filed against the company
48
Pending
1
Disposed
86
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 27 | 1 |
| High courts | 38 | 17 | 0 |
| Supreme Court | 9 | 4 | 0 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Sardar Sarovar Narmada Nigam Ltd. and 1 other | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Sardar Sarovar Narmada Nigam Ltd. | Disposed |
| Supreme Court | Court case (Review Petition (Civil)) | Filed against the company by Sardar Sarovar Narmada Nigam Limited | Disposed |
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed by the company against Sardar Sarovar Narmada Nigam Ltd Through Chairman Managing Director | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Sardar Sarovar Narmada Nigam Ltd. and 1 other | Disposed |
To see the full case history of Recondo Ltd, 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
No delayed payments to MSME suppliers are on our record for Recondo Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Recondo Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Recondo Ltd has 7 board changes on record since 2000: 3 appointments and 4 cessations. The latest: Vivek Talwar Prannath ceased to be Additional Director on 29 Nov 2021.
AGM
Recondo Ltd last Annual general meeting of members was held on 20 Dec 2024 as per latest MCA records.
Filing
Recondo Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Vivek Talwar Prannath ceased to be Additional Director.
Ceased
Minoo Rustom Asli ceased to be Director.
Appointed
Vivek Talwar Prannath was appointed as Director.
Ceased
Janet Dowling ceased to be Additional Director.
Ceased
Hiro Ghanshyamdas Matai ceased to be Director.
Appointed
Janet Dowling was appointed as Director.
Appointed
Mohan Khubchand Thakur was appointed as Director.
Incorporation
21 Feb 1947
Recondo Ltd was registered on 21 Feb 1947 with Roc Mumbai I & aged 79 years 8 months as per MCA records.
Frequently asked questions
Recondo is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 21 February 1947 (79+ years old) and is registered under CIN U99999MH1947PLC005579.
Recondo has 3 current directors:
- Mohan Khubchand Thakur - Director
- Janet Dowling - Director
- Vivek Talwar Prannath - Director
The latest financial statements of Recondo on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 December 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Recondo is U99999MH1947PLC005579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recondo has 87 court cases on record: 39 filed by the company and 48 filed against it. 1 is pending. Most are in the district courts.
Recondo was incorporated on 21 February 1947, making it 79+ years old. It is registered with the Registrar of Companies, Mumbai.
Vivek Talwar Prannath ceased to be Additional Director on 29 Nov 2021. Minoo Rustom Asli ceased to be Director on 28 Apr 2021. Vivek Talwar Prannath was appointed as Director on 22 Apr 2021. Recondo has 7 board changes on record in total.
Yes, Recondo is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0059235).
The registered office of Recondo is at 4A Floor – Grd Recondo Compound, Sudam Kalu Ahire Marg Glaxo, Mumbai, Maharashtra, India – 400030.
Recondo operates in the infrastructure and utilities industry, in the road and bridge construction segment.
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