- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-09-0047177

About Srisairam Projects Limited
Data last updated:
Srisairam Projects Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2004PLC043292. Its GSTIN is 36AAICS8150Q1ZL (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Satyanarayana Reddy Saireddy (Managing Director) and Marepally Sammi Reddy (Whole-Time Director).
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.42 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹7.37 Cr (net margin -304.2%) and EBITDA of -₹9.24 Lakh (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 39% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Srisairam Group. As per MCA filings, the company has open charges of ₹175.5 Cr and satisfied charges of ₹30 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 12 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹12.5 Cr; the latest was in March 2013. Its 5 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Dipti Priya Construction Private Limited with revenue of ₹2.43 Cr.
Srisairam Projects Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0047177). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website srisairamgroup.com.
CIN History
Srisairam Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999TG2004PLC043292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2004PLC043292 | Current |
| U74999AP2004PLC043292 | Previous |
| U42201AP2004PLC043292 | Previous |
Recognitions & Rankings of Srisairam Projects
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 1 Pearl Block Srisairam Manor Near Pragathi Nagar Y, Ousufguda, Hyderabad, Telangana, India – 500045
- 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
Srisairam Projects operates one associated brand: Srisairam Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial property development services are provided. | srisairamgroup.com |
Business Activity
The main business activity of Srisairam Projects 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
Financials of Srisairam Projects Limited
FY 2024 filings availableSrisairam Projects Limited reported revenue of ₹2.42 Cr (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 85% fall in the latest year. EBITDA fell 114% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹9.24 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹7.37 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.8% | |
| Net Profit Margin | -304.2% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Srisairam Projects are in the company report.
: available in the company report
Board of Directors of Srisairam Projects Limited
Srisairam Projects has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Reddy Saireddy | Managing Director | 21 May 2004 | 22 Years 5 Months | Current |
| Divya Sai Reddy Also directs: Hanika Projects Private Limited | Director | 15 Oct 2014 | 12 Years 0 Months | Current |
| Maheswari Saireddy | Director | 21 May 2004 | 22 Years 5 Months | Current |
| Marepally Sammi Reddy Also directs: Sukhii Greenfields LLP, Nihil Altra Builders Private Limited | Whole-Time Director | 25 Sep 2007 | 19 Years 0 Months | Current |
Peer Comparison
Srisairam Projects Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dipti Priya Construction Private Limited | ₹2.43 Cr (FY 2024) | •••• | •••• | •••• | Mahtha, Bihar, India | |
| Ar Square Design Build Private Limited | ₹2.43 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Shree Krishnam Yrv Buildcon Private Limited | ₹2.43 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Jaipur, Rajasthan, India |
| Srisairam Projects Limited this company | ₹2.42 Cr (FY 2024) | •••• | •••• | -85.0% | •••• | Hyderabad, Telangana, India |
| Smrity Constech Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Skyscrappers Real Estate Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Guwahati, Assam, India |
Peers are the companies nearest to Srisairam Projects by revenue, above and below it, in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Srisairam Projects Limited is audited by SURYACHANDRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURYACHANDRA & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2017 | Others | ₹95 Cr | Open |
| 27 Mar 2014 | Dewan Housing Finance Corporation Limited | ₹10 Cr | Open |
| 07 Nov 2012 | Dewan Housing Finance Corporation Limited | ₹10 Cr | Open |
| 31 Oct 2012 | Dewan Housing Finance Corporation Limited | ₹10 Cr | Open |
| 09 May 2011 | Dewan Housing Finance Corporation Limited | ₹50 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding
Srisairam Projects Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹12.5 Cr; the latest was in March 2013.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Karvy Realty & Services Limited , Ramakrishna Pilaka Huf, an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ashwitha Resource Management Services Private Limited , 2 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Ramakrishna Pilaka Huf Seller: an individual |
| Nov 2007 | Funding round | ₹12.5 Cr | Investors: Karvy Realty & Services Limited |
| May 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Srisairam Projects Limited has 19 court cases on record: 9 filed by Srisairam Projects, 10 filed against it. 12 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 7 | 12 |
| District courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (SARERA) | Filed against the company by M/S Vasavi Realtors LLP | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against The Government of Andhra Pradesh, | Pending |
| High Court for State of Telangana | Court case (SARERA) | Filed against the company | Pending |
| High Court for State of Telangana | Appeal | Filed against the company | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Assistant Commissioner (St) | Pending |
: available in 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.
Employees and EPFO Compliance
Srisairam Projects Limited has a workforce of 6 employees as of Apr 08, 2024.
: available in the company report
Recent Activity
Srisairam Projects Limited has 12 board changes on record since 2004: 4 appointments and 8 cessations. The latest: Divya Sai Reddy ceased to be Additional Director on 30 Sep 2015.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Srisairam Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICS8150Q1ZL | Telangana | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Srisairam Projects is an active public limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 May 2004 (22+ years old) and is registered under CIN U74999TG2004PLC043292.
Srisairam Projects has 4 current directors:
- Satyanarayana Reddy Saireddy - Managing Director
- Marepally Sammi Reddy - Whole-Time Director
- Divya Sai Reddy - Director
- Maheswari Saireddy - Director
The latest financial statements of Srisairam Projects 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 Srisairam Projects is 36AAICS8150Q1ZL, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Srisairam Projects is U74999TG2004PLC043292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srisairam Projects has 19 court cases on record: 9 filed by the company and 10 filed against it. 12 are pending. Most are in the high courts.
Srisairam Projects was incorporated on 21 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Srisairam Projects has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹12.5 Cr; the latest was in March 2013.
The peers of Srisairam Projects by revenue are Dipti Priya Construction Private Limited, Ar Square Design Build Private Limited, Shree Krishnam Yrv Buildcon Private Limited, Smrity Constech Private Limited, Skyscrappers Real Estate Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Divya Sai Reddy ceased to be Additional Director on 30 Sep 2015. Katragadda Madhusudan ceased to be Additional Director on 30 Sep 2015. Sreenivasulu Guntha ceased to be Additional Director on 30 Sep 2015. Srisairam Projects has 12 board changes on record in total.
Yes, Srisairam Projects is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0047177).