
Thaler Developers Private Limited
About Thaler Developers Private Limited
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Thaler Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the building construction segment of the construction sector. It was incorporated on 26 July 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2011PTC220177.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kshitish Shreekant Bapat and Rakesh Kumar Sharma.
Its last annual general meeting (AGM) was held on 16 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.68 Cr (net margin -148.8%) and EBITDA of ₹5.6 Cr (EBITDA margin 35.2%).
Company details
Contact details
Thaler Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPiramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConstruction, Buildings
To see the full contact details of Thaler Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Thaler Developers 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 |
Financials of Thaler Developers Private Limited
FY 2016 filings availableThaler Developers Private Limited reported revenue of ₹15.91 Cr (up 316% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 316% in the latest year. EBITDA rose 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.91 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.6 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹23.68 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 35.2% | ||
| Net Profit Margin | -148.8% | ||
| 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 Thaler Developers Private Limited, buy the company report.
Board of directors of Thaler Developers Private Limited
Thaler Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kshitish Shreekant Bapat | Director | 12 May 2017 | 9 Years 6 Months | As last reported |
| Rakesh Kumar Sharma | Director | 17 Dec 2013 | 12 Years 10 Months | As last reported |
Peer comparison
Thaler Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivaan Multistructures Limited | ₹15.93 Cr (FY 2021) | -70.0% | Nashik, Maharashtra, India | |||
| Marinescape India Private Limited | ₹15.93 Cr (FY 2025) | 45.0% | Chennai, Tamil Nadu, India | |||
| Meridian Construction Private Limited | ₹15.93 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| SK Builders & Colonisor Private Limited | ₹15.92 Cr (FY 2025) | 673.0% | Patna, Bihar, India | |||
| Technocon Infratech India Private Limited | ₹15.91 Cr (FY 2025) | 11.0% | Prakash Nagar, Hyderabad, Telangana, India | |||
| Thaler Developers Private Limitedthis company | ₹15.91 Cr (FY 2017) | -₹23.68 Cr | -148.8% | 316.0% | Mumbai, Maharashtra, India | |
| Aruna Building Technologies Private Limited | ₹15.91 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Mauli Sai Developers Private Limited | ₹15.91 Cr (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| HPLF (India) Private Limited | ₹15.9 Cr (FY 2025) | 466.0% | Pune, Maharashtra, India | |||
| SB Protech Private Limited | ₹15.86 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Bini Builders Private Limited | ₹15.86 Cr (FY 2025) | -89.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Thaler Developers Private Limited, buy the company report.
Auditor
Thaler Developers Private Limited is audited by D.DADHEECH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.DADHEECH & CO. | FY 2017 | 101981W |
Shareholding
The shareholding of Thaler Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thaler Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thaler Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thaler Developers Private Limited; 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 Thaler Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thaler Developers Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Kshitish Shreekant Bapat ceased to be Additional Director on 01 Nov 2017.
1 earlier event is in the company report.
Frequently asked questions
Thaler Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Thaler Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in buildings, within the construction industry. It was incorporated on 26 July 2011 and is registered under CIN U70102MH2011PTC220177. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Thaler Developers was incorporated on 26 July 2011. It is registered with the Registrar of Companies, Mumbai.
Thaler Developers had 2 directors:
- Kshitish Shreekant Bapat - Director
- Rakesh Kumar Sharma - Director
The CIN (Corporate Identification Number) of Thaler Developers is U70102MH2011PTC220177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Thaler Developers is at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
The latest financial statements of Thaler Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 16 August 2016. Year-wise statements from 2015 are in the company report.
Thaler Developers operated in the construction industry, in the buildings segment.
The peers of Thaler Developers by revenue are Vivaan Multistructures Limited, Marinescape India Private Limited, Meridian Construction Private Limited, SK Builders & Colonisor Private Limited, Technocon Infratech India Private Limited and 5 more, all in the same principal business activity (buildings).
Kshitish Shreekant Bapat ceased to be Additional Director on 01 Nov 2017. Kshitish Shreekant Bapat was appointed as Director on 12 May 2017. Narayan Ananthan ceased to be Director on 12 May 2017. Thaler Developers has 10 board changes on record in total.
Thaler Developers can be reached at its registered office: Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

