India's Richest People 2026 edition · 1 director · Source: Hurun India
- #536 Dharmpal Agarwal & family ₹6,400 Cr
Revenue · FY 2025
₹19.93 Cr
▲ 5% YoY
Net profit · FY 2025
₹4.59 Cr
Net margin 23%
EBITDA · FY 2025
₹9.01 Cr
EBITDA margin 45.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5.93 Cr
Issued & subscribed
Open charges
₹9.01 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
43
Provident fund records
About Tci Developers Limited
Data last updated:
Tci Developers Limited is a public limited company based in Secunderabad, Andhra Pradesh, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 May 2008 and has been in existence for over 18 years.
Its director Dharmpal Agarwal and family are #536 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L70102TG2008PLC059173. Its GSTIN is 36AACCT9452E1Z8 (Telangana). The company holds 4 GST registrations, all of them active. It is recorded as listed by MCA, but its shares were delisted from NSE on 18 Nov 2022 · voluntary delisting and from BSE on 18 Nov 2022 · voluntary delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.93 Cr. It is led by directors including Naresh Kumar Baranwal and Phoolchand Sharma.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 306 & 307 1 – 8 – 271 To 273 3rd Floor Ashoka Bhoopal Chambers S.P. Road, Secunderabad, Andhra Pradesh, India – 500003.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.93 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.59 Cr (net margin 23%) and EBITDA of ₹9.01 Cr (EBITDA margin 45.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
The company has about 43 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: TCI Developers. As per MCA filings, the company has open charges of ₹9.01 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (8 market trades); the latest was in March 2021. Its 5 peer companies in the Infrastructure industry (Project Management, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 2 smaller; the largest is Shreyas Holding Private Limited with revenue of ₹20.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tcidevelopers.com.
Company details
CIN L70102TG2008PLC059173
Registration Number 059173
Incorporation Date 14 May 2008
ROC Hyderabad
Listing Status Listed - Delisted from NSE on 18 Nov 2022 · voluntary delisting; Delisted from BSE on 18 Nov 2022 · voluntary delisting
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Tci Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70102TG2008PLC059173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70102TG2008PLC059173 | Current |
| L70102AP2008PLC059173 | Previous |
| U70102AP2008PLC059173 | Previous |
Key People
Naresh Kumar Baranwal Director Phoolchand Sharma Director Sivaraman Narayana Das Director Recognitions & Rankings of Tci Developers
Contact details
Tci Developers Limited's registered office is in Secunderabad, Andhra Pradesh. Its website is tcidevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 306 & 307 1 – 8 – 271 To 273 3rd Floor Ashoka Bhoopal Chambers S.P. Road, Secunderabad, Andhra Pradesh, India – 500003
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Tci Developers Limited, buy the company report.
Comprehensive company report
Tci Developers 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
Tci Developers operates one associated brand: TCI Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial real estate projects are developed in India. | tcidevelopers.com |
Business activity
The main business activities of Tci Developers are real estate and professional, scientific and technical. In detail, this covers real estate activities with own or leased property and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tci Developers Limited, buy the company report.
Financials of Tci Developers Limited
FY 2025 filings availableTci Developers Limited reported revenue of ₹19.93 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹19.93 Cr ▲ 5%
Net profit · FY 2025
₹4.59 Cr margin 23%
EBITDA · FY 2025
₹9.01 Cr margin 45.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 21%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 29%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 5% growth in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹9.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.2% | ||||
| Net Profit Margin | 23% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tci Developers Limited, buy the company report.
Board of directors of Tci Developers Limited
Tci Developers has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Kumar Baranwal Also directs: Loglabs Ventures Private Limited, Tci Exim Private Limited | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Phoolchand Sharma Also directs: Tci Express Limited, Tci Infrastructure Limited, Tci Distribution Centers Limited and 4 more | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Sivaraman Narayana Das | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Chander Agarwal Also directs: Tci Express Limited, Transport Corporation of India Limited, Tci Institute of Logistics and 5 more | Director | 14 May 2008 | 18 Years 5 Months | Current |
| Dharmpal Agarwal Also directs: Indo Rama Synthetics (India) Limited, Tci Express Limited, Transport Corporation of India Limited and 4 more | Director | 14 May 2008 | 18 Years 5 Months | Current |
| Vineet Agarwal Also directs: Tci Express Limited, Transport Corporation of India Limited, Tci Chemlog Private Limited and 5 more | Director | 14 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Tci Developers Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Project Management, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreyas Holding Private Limited | ₹20.15 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Atma Ram Builders Pvt Ltd | ₹20.06 Cr (FY 2025) | 8.0% | Connaught Circus New, Delhi, India | |||
| Mukand Infrastructure Private Limited | ₹19.99 Cr (FY 2025) | 45.0% | Guwahati, Assam, India | |||
| Tci Developers Limitedthis company | ₹19.93 Cr (FY 2025) | ₹4.59 Cr | 23% | 5.0% | 43 | Secunderabad, Andhra Pradesh, India |
| Sree Vaibhavi Infrastructures Private Limited | ₹19.79 Cr (FY 2024) | 6.0% | Vijayawada, Andhra Pradesh, India | |||
| Eternity Business Centre Limited | ₹19.77 Cr (FY 2017) | 1185.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tci Developers Limited, buy the company report.
Auditor
Tci Developers Limited is audited by LUHARUKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUHARUKA & ASSOCIATES | FY 2023 | 01882S |
Shareholding
The shareholding of Tci Developers 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 Tci Developers Limited, buy the company report.
Charges & borrowings
Open charges
₹9.01 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 100995434 | Others | ₹41.2 Lakh | Open | |
| 27 Aug 2024 | 100969152 | Others | ₹8.44 Lakh | Open | |
| 24 Jun 2023 | 100745203 | Axis Bank Limited | ₹15.9 Lakh | Open | |
| 01 Nov 2022 | 100642708 | Others | ₹10.87 Lakh | Open | |
| 19 Sep 2022 | 100614313 | Others | ₹9.85 Lakh | Open |
Total charge records: 7 View all charges
Deals & funding
Tci Developers Limited has 8 deals on record (8 market trades); the latest was in March 2021.
Total deals
8
Market trades
8
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Market trade | ₹2.43 Cr | Buyer: Jindal Futures Private Limited Seller: Transport Corporation of India Limited |
| Mar 2021 | Market trade | ₹1.93 Cr | Buyer: Jindal Futures Private Limited Seller: TDL Real Estate Holdings Limited |
| Mar 2017 | Market trade | ₹2.92 Cr | Buyer: S.M.R. Leasing and Finance Limited , an individual Seller: S.M.R. Leasing and Finance Limited , an individual |
| Sep 2015 | Market trade | ₹50.1 Lakh | Buyer: an individual Seller: Kumar Brothers |
| Aug 2013 | Market trade | ₹49.8 Lakh | Buyer: Kumar Brothers Seller: Fidelity Funds Mauritius Limited |
To see the full deal history of Tci Developers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tci Developers Limited has 5 court cases on record: 4 filed by Tci Developers, 1 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 2 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (SUCC) | Filed against the company | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Prestige Engineering Industries and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India Through Ministry of Defence and Ors | Pending |
| High Court, TELANGANA | Court case (COMPA) | Filed by the company | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
To see the full case history of Tci Developers 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 Tci Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tci Developers has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
4
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Tci Properties (West) Limited | U45201TG2000PLC065904 | |
| Tci Infrastructure Limited | U45400TG2008PLC059182 | |
| Tci Distribution Centers Limited | U51909DL2005PLC138787 | |
| TDL Warehousing Parks Limited | U74300DL2015PLC279164 |
To see the full group structure of Tci Developers Limited, buy the company report.
Employees & EPFO
Tci Developers Limited has a workforce of 43 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
7.5%
GST
Tci Developers has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCT9452E1Z8 | Telangana | Active | 01 Jul 2017 |
| 07AACCT9452E1Z9 | Delhi | Active | 01 Jul 2017 |
| 10AACCT9452E1ZM | Bihar | Active | 27 Sep 2017 |
| 24AACCT9452E1ZD | Gujarat | Active | 19 Sep 2018 |
To see the full GST registrations and return filing status of Tci Developers Limited, buy the company report.
Recent activity
Tci Developers Limited has 24 board changes on record since 2008: 15 appointments and 9 cessations. The latest: Manisha Agarwal ceased to be Director on 22 Jul 2024.
AGM
Tci Developers Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Tci Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100995434 was registered on 22 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100969152 was registered on 27 Aug 2024.
Ceased
Manisha Agarwal ceased to be Director.
Ceased
Kishan Mittal ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100745203 was registered on 24 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100642708 was registered on 01 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100614313 was registered on 19 Sep 2022.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100597268 was registered on 04 Jul 2022.
Ceased
Amitava Ghosh ceased to be Director.
Ceased
Ashok Behari Lall ceased to be Director.
22 earlier events are in the company report.
Frequently asked questions
Tci Developers is an active public limited company based in Secunderabad, Andhra Pradesh, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 May 2008 (18+ years old) and is registered under CIN L70102TG2008PLC059173.
Tci Developers has 6 current directors:
- Naresh Kumar Baranwal - Director
- Phoolchand Sharma - Director
- Sivaraman Narayana Das - Director
- Chander Agarwal - Director
- Dharmpal Agarwal - Director
- Vineet Agarwal - Director
The latest financial statements of Tci Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tci Developers is 36AACCT9452E1Z8, registered in Telangana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AACCT9452E1Z9 (Delhi), 10AACCT9452E1ZM (Bihar), 24AACCT9452E1ZD (Gujarat).
The CIN (Corporate Identification Number) of Tci Developers is L70102TG2008PLC059173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tci Developers is recorded as a listed company by MCA, but its shares were delisted from NSE on 18 Nov 2022 · voluntary delisting and from BSE on 18 Nov 2022 · voluntary delisting, and no longer trade on a stock exchange.
Tci Developers has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Tci Developers was incorporated on 14 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tci Developers has 8 deals on record (8 market trades); the latest was in March 2021.
The peers of Tci Developers by revenue are Shreyas Holding Private Limited, Atma Ram Builders Pvt Ltd, Mukand Infrastructure Private Limited, Sree Vaibhavi Infrastructures Private Limited, Eternity Business Centre Limited, all in the Infrastructure industry (Project Management, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Manisha Agarwal ceased to be Director on 22 Jul 2024. Kishan Mittal ceased to be Director on 23 May 2024. Amitava Ghosh ceased to be Director on 28 Jul 2021. Tci Developers has 24 board changes on record in total.
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