About Russel Foundations Private Limited
Data last updated:
Russel Foundations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2010PTC078046. Its GSTIN is 33AAFCR0917F1ZR (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Russelian Kuruzu (Managing Director) and Oliver Johnson Russelian.
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 No: 1 – A Air Force Station Road East Tambaram, Chennai, Tamil Nadu, India – 600059.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.94 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹76.39 Lakh (net margin 4.3%) and EBITDA of ₹2.24 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 21% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr on record. Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website russelfoundations.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo: 1 – A Air Force Station Road East Tambaram, Chennai, Tamil Nadu, India – 600059
- 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 Russel Foundations Private Limited
The main business activity of Russel Foundations 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.
Financials of Russel Foundations Private Limited FY 2024 filings available
Russel Foundations Private Limited reported revenue of ₹17.94 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Russel Foundations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 14% growth in the latest year. EBITDA rose 66% 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 Russel Foundations Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.39 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 Russel Foundations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Russel Foundations 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 Russel Foundations Private Limited
Russel Foundations Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A. S. K Lands Projects Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Maarq Spaces Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Olive Builders and Developers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Joyalukkas Lifestyle Developers Private Limited | •••• | •••• | •••• | •••• | - | Vazhakkala, Kerala, India |
| Asb Energy Systems and Construction Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Russel Foundations Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Riu Homes Private Limited | •••• | •••• | •••• | •••• | - | Panvel, Maharashtra, India |
| Fortune Multitech Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Sand Dune Constructions Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Sri Gayatri Housing Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Acestar Properties Private Limited | •••• | •••• | •••• | •••• | 60 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Russel Foundations by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Russel Foundations Private Limited
Russel Foundations Private Limited is audited by S.KHANDAVADEVELU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.KHANDAVADEVELU | 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 Russel Foundations Private Limited
Russel Foundations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Oliver Johnson Russelian | Director | 11 Nov 2010 | 15 Years 10 Months | Current |
| Russelian Kuruzu | Managing Director | 11 Nov 2010 | 15 Years 10 Months | Current |
| Sheebajebalin Nelson Gurupatham | Director | 02 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Russel Foundations Private 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 Russel Foundations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2022 | Canara Bank | ₹7 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Russel Foundations Private Limited
Russel Foundations Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Company is another party | Pending |
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.
MSME Payment Delays by Russel Foundations Private Limited
Russel Foundations Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| New Freezing Point | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Russel Foundations Private Limited
Russel Foundations Private Limited has a workforce of 63 employees as of Apr 08, 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
Verified entity values are shown only after access is granted.
Recent Activity on Russel Foundations Private Limited
Russel Foundations Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Russelian Kuruzu ceased to be Director on 02 Feb 2011.
Credit Ratings, Litigation & Regulatory Alerts for Russel Foundations Private 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.
Subsidiaries & Group Companies of Russel Foundations Private 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 Russel Foundations Private Limited
Russel Foundations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR0917F1ZR | Tamil Nadu | 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
- 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 Russel Foundations Private 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 Russel Foundations Private Limited
Russel Foundations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 November 2010 (16+ years old) and is registered under CIN U70102TN2010PTC078046.
Russel Foundations reported revenue of ₹17.94 Cr for FY 2024 (up 14% YoY).
Russel Foundations has 3 current directors:
- Russelian Kuruzu - Managing Director
- Oliver Johnson Russelian - Director
- Sheebajebalin Nelson Gurupatham - Director
Russel Foundations reported a net profit of ₹76.39 Lakh (net margin 4.3%) and EBITDA of ₹2.24 Cr (EBITDA margin 12.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Russel Foundations is 74% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Russel Foundations is 33AAFCR0917F1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Russel Foundations is U70102TN2010PTC078046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Russel Foundations has 1 court case on record. 1 is pending.
Russel Foundations was incorporated on 11 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Russel Foundations by revenue are A. S. K Lands Projects Private Limited, Maarq Spaces Private Limited, Olive Builders and Developers Private Limited, Joyalukkas Lifestyle Developers Private Limited, Asb Energy Systems and Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Russelian Kuruzu ceased to be Director on 02 Feb 2011. Sheebajebalin Nelson Gurupatham was appointed as Director on 02 Feb 2011. Oliver Johnson Russelian was appointed as Director on 11 Nov 2010. Russel Foundations has 4 board changes on record in total.
Russel Foundations has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.