Timor Developers Private Limited
About Timor Developers Private Limited
Data last updated:
Timor Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2012PTC240179.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mandisa Developers Private Limited. It is led by directors Gaurav Bhalla and Surendra Mohan Joshi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹8 Cr. For the same year it recorded a net loss of ₹10.31 Cr (net margin -128.9%) and EBITDA of ₹5.59 Cr (EBITDA margin 69.9%). Revenue has grown at a compounded annual rate (CAGR) of 183% over five years.
As per MCA filings, the company has open charges of ₹648 Cr and satisfied charges of ₹3,157.71 Cr on record. Court records list 3 cases involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019
- 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
Financials of Timor Developers Private Limited FY 2025 filings available
Timor Developers Private Limited reported revenue of ₹8 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Timor Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 183% over five years. 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 Timor Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.31 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 of Timor Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -128.9% | •••• | •••• | •••• | •••• |
| 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 Timor Developers 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 Timor Developers Private Limited
Timor Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ray Al Consolidated Construction Private Limited | ₹8 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Odi-Tech Properties Private Limited | ₹8 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Bhubaneswar, Odisha, India |
| Cannier Automotive Private Limited | ₹8 Cr (FY 2023) | •••• | •••• | 133.0% | •••• | Delhi, India |
| Neelyog Construction Private Limited | ₹8 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Aedbm Consultants Private Limited | ₹8 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
| Timor Developers Private Limited this company | ₹8 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Dyl Infra Private Limited | ₹8 Cr (FY 2024) | •••• | •••• | 352.0% | •••• | Bilaspur, Uttar Pradesh, India |
| Dhruv Vinimay Private Limited | ₹8 Cr (FY 2023) | •••• | •••• | 484.0% | •••• | Kolkata, West Bengal, India |
| Palitana Sugar Mills Pvt Ltd | ₹8 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bhavnagar, Gujarat, India |
| Anukarati Homes Private Limited | ₹7.99 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| NKK Structures Private Limited | ₹7.99 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Timor Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Timor Developers Private Limited
Timor Developers Private Limited is audited by ASHISH GROVER & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHISH GROVER & ASSOCIATES | 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 Timor Developers Private Limited
Timor Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Bhalla Also directs: Bendek Developers Private Limited, Bioko Developers Private Limited, Vatika Hotels Private Limited and 5 more | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
| Surendra Mohan Joshi Also directs: Bioko Developers Private Limited, Aplin Developers Private Limited, Haldis Developers Private Limited and 5 more | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Timor Developers 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 Timor Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2021 | Idbi Trusteeship Services Limited | ₹163 Cr | Open |
| 03 Feb 2020 | Idbi Trusteeship Services Limited | ₹155 Cr | Open |
| 30 Jan 2020 | Idbi Trusteeship Services Limited | ₹330 Cr | Open |
| 10 Jun 2019 | Idbi Trusteeship Services Limited | ₹38.06 Cr | Satisfied |
| 07 Feb 2019 | Idbi Trusteeship Services Limited | ₹499.87 Cr | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Timor Developers Private Limited
Timor Developers Private Limited has 3 court cases on record: 1 filed against it, 2 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Company is another party | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Company is another party | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at Timor Developers Private Limited
Employment history and EPFO contributions of people linked to Timor Developers.
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 Timor Developers Private Limited
Timor Developers Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Naveen Bakshi ceased to be Director on 28 Jul 2021.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Timor Developers 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.
MSME Payment Delays by Timor Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Timor Developers 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 Timor Developers Private Limited
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 Timor Developers 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 Timor Developers Private Limited
Timor Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 August 2012 (14+ years old) and is registered under CIN U70109DL2012PTC240179.
Timor Developers reported revenue of ₹8 Cr for FY 2025.
Timor Developers has 2 current directors:
- Gaurav Bhalla - Director
- Surendra Mohan Joshi - Director
Timor Developers reported a net loss of ₹10.31 Cr (net margin -128.9%) and EBITDA of ₹5.59 Cr (EBITDA margin 69.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Timor Developers is 183% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Timor Developers is U70109DL2012PTC240179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Timor Developers has 3 court cases on record: 1 filed against it. 1 is pending.
Timor Developers was incorporated on 13 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Timor Developers by revenue are Ray Al Consolidated Construction Private Limited, Odi-Tech Properties Private Limited, Cannier Automotive Private Limited, Neelyog Construction Private Limited, Aedbm Consultants Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Naveen Bakshi ceased to be Director on 28 Jul 2021. Gaurav Bhalla was appointed as Director on 09 Feb 2019. Surendra Mohan Joshi ceased to be Additional Director on 15 Sep 2016. Timor Developers has 11 board changes on record in total.
The registered office of Timor Developers is at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.