MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0226590
Right Channel Constructions Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹27.27 Cr
▼ 12% YoY
Net profit · FY 2024
₹1.81 Cr
Net margin 6.6%
EBITDA · FY 2024
₹2.8 Cr
EBITDA margin 10.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹71.8 Cr
Satisfied ₹270.76 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Right Channel Constructions Private Limited
Data last updated:
Right Channel Constructions Private Limited is a private 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 12 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC188854. Its GSTIN is 27AAECR2174D1ZK (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Akhilesh Dhirendra Pandey and Devendra Hanuman Pandey.
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 202 Sakhi Apartment Near Dheeraj Presidency M G Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.27 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 6.6%) and EBITDA of ₹2.8 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company is associated with 1 brand: Rightchannelconstructions. As per MCA filings, the company has open charges of ₹71.8 Cr and satisfied charges of ₹270.76 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 4 cases are pending.
Right Channel Constructions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0226590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rightchannelconstructions.com.
Company details
CIN U45202MH2008PTC188854
Registration Number 188854
Incorporation Date 12 December 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0226590
Recognitions & Rankings of Right Channel Constructions
Contact details
Right Channel Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its website is rightchannelconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address202 Sakhi Apartment Near Dheeraj Presidency M G Road Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Right Channel Constructions Private Limited, buy the company report.
Comprehensive company report
Right Channel Constructions 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
Right Channel Constructions operates one associated brand: Rightchannelconstructions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| rightchannelconstructions.com |
Business activity
The main business activity of Right Channel Constructions is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Right Channel Constructions Private Limited, buy the company report.
Financials of Right Channel Constructions Private Limited
FY 2024 filings availableRight Channel Constructions Private Limited reported revenue of ₹27.27 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹27.27 Cr ▼ 12%
Net profit · FY 2024
₹1.81 Cr margin 6.6%
EBITDA · FY 2024
₹2.8 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 8%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 13%
5 years · compounded
▲ 8%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 80% 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 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 | ₹27.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.81 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 6.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Right Channel Constructions Private Limited, buy the company report.
Board of directors of Right Channel Constructions Private Limited
Right Channel Constructions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilesh Dhirendra Pandey Also directs: Viqberto Fitness Equipments Private Limited, Megamaximus Cognifac Private Limited, Mega Maximus Private Limited and 1 more | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Devendra Hanuman Pandey | Director | 03 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Right Channel Constructions Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NPT Developers Private Limited | ₹27.33 Cr (FY 2021) | 17.0% | Mumbai, Maharashtra, India | |||
| M.G. Infraestates Private Limited | ₹27.32 Cr (FY 2025) | -32.0% | Nawabganj, Uttar Pradesh, India | |||
| Right Channel Constructions Private Limitedthis company | ₹27.27 Cr (FY 2024) | ₹1.81 Cr | 6.6% | -12.0% | Mumbai, Maharashtra, India | |
| Timeshell Civil Projects E-Monitoring Consultancy Private Limited | ₹27.27 Cr (FY 2023) | 48.0% | Hyderabad, Telangana, India | |||
| Anubhuti Engineering Private Limited | ₹27.26 Cr (FY 2023) | 1125.0% | Ahmedabad, Gujarat, India | |||
| Akshay Bhansali Superdreams Private Limited | ₹27.18 Cr (FY 2025) | -42.0% | Pune, Maharashtra, India |
To see the full peer comparison of Right Channel Constructions Private Limited, buy the company report.
Auditor
Right Channel Constructions Private Limited is audited by GDP & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GDP & Associates | FY 2023 | 152912W |
Shareholding
The shareholding of Right Channel Constructions 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 Right Channel Constructions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹71.8 Cr
Satisfied charges
₹270.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2024 | 100986737 | Hdfc Bank Limited | ₹32.39 Lakh | Open | |
| 19 Jan 2024 | 100866653 | Idbi Trusteeship Services Limited | ₹70 Cr | Open | |
| 30 Oct 2015 | 10601078 | India Infoline Housing Finance Limited | ₹1.48 Cr | Open | |
| 30 Dec 2022 | 100678023 | Others | ₹9.96 Cr | Satisfied | |
| 28 Jan 2022 | 100542425 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Right Channel Constructions Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Right Channel Constructions Private Limited has 19 court cases on record: 4 filed by Right Channel Constructions, 15 filed against it. 4 cases are pending and 15 are disposed.
Total cases
19
Filed by the company
4
Filed against the company
15
Pending
4
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 12 | 2 |
| District courts | 4 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by Paramvir Developers Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Paramvir Developers Private Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Paramvir Developers Private Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Iifl Finance Ltd and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Gold Prism Realty Pvt Ltd | Disposed |
To see the full case history of Right Channel Constructions 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
No delayed payments to MSME suppliers are on our record for Right Channel Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Right Channel Constructions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR2174D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Right Channel Constructions Private Limited, buy the company report.
Recent activity
Right Channel Constructions Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Devendra Hanuman Pandey was appointed as Director on 03 Oct 2024.
Appointed
Devendra Hanuman Pandey was appointed as Director.
AGM
Right Channel Constructions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100986737 was registered on 20 Aug 2024.
Filing
Right Channel Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 70.00 Cr with Charge ID 100866653 was registered on 19 Jan 2024.
Charges
A charge registered on 28 Jan 2022 via Charge ID 100542425 with Others was fully satisfied on 12 Jan 2024.
Charges
A charge registered on 30 Dec 2022 via Charge ID 100678023 with Others was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 24 Jun 2021 via Charge ID 100461465 with Others was fully satisfied on 19 Dec 2023.
Charges
A charge registered on 11 Jun 2018 via Charge ID 100192954 with Others was fully satisfied on 30 Oct 2023.
Charges
A charge registered on 08 Jun 2018 via Charge ID 100192715 with Others was fully satisfied on 11 Oct 2023.
Ceased
Nilesh Chimanlal Soni ceased to be Additional Director.
Ceased
Sudhir Mandhania ceased to be Director.
30 earlier events are in the company report.
Frequently asked questions
Right Channel Constructions is an active private 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 12 December 2008 (18+ years old) and is registered under CIN U45202MH2008PTC188854.
Right Channel Constructions has 2 current directors:
- Akhilesh Dhirendra Pandey - Director
- Devendra Hanuman Pandey - Director
The latest financial statements of Right Channel Constructions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Right Channel Constructions is 27AAECR2174D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Right Channel Constructions is U45202MH2008PTC188854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Channel Constructions has 19 court cases on record: 4 filed by the company and 15 filed against it. 4 are pending. Most are in the high courts.
Right Channel Constructions was incorporated on 12 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Right Channel Constructions by revenue are NPT Developers Private Limited, M.G. Infraestates Private Limited, Timeshell Civil Projects E-Monitoring Consultancy Private Limited, Anubhuti Engineering Private Limited, Akshay Bhansali Superdreams Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Devendra Hanuman Pandey was appointed as Director on 03 Oct 2024. Nilesh Chimanlal Soni ceased to be Additional Director on 29 Sep 2023. Sudhir Mandhania ceased to be Director on 06 Jul 2023. Right Channel Constructions has 7 board changes on record in total.
Yes, Right Channel Constructions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0226590).
Right Channel Constructions can be reached through the website rightchannelconstructions.com. Its registered office is in Mumbai, Maharashtra, India.
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