About Vagad Builders & Developers Private Limited
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Vagad Builders & Developers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2009PTC195335. Its GSTIN is 27AADCV0768J1Z0 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.14 Lakh. It is led by directors including Bachubhai Dharamsi Arethiya and Deepak Kanji Arethiya.
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 Unit No 0047 Ground Floor O Wing Akshar Business Park, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.24 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹19.6 Lakh (net margin -27.5%) and EBITDA of -₹19.4 Lakh (EBITDA margin -27.2%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 92% over five years.
As per MCA filings, the company has satisfied charges of ₹143 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akshardevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No 0047 Ground Floor O Wing Akshar Business Park Plot No 3 Sec 25, Vashi, Navi Mumbai, Maharashtra, India – 400703
- 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 Vagad Builders & Developers Private Limited
The main business activity of Vagad Builders & Developers 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 Vagad Builders & Developers Private Limited FY 2024 filings available
Vagad Builders & Developers Private Limited reported revenue of ₹71.24 Lakh (down 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vagad Builders & Developers Private Limited
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 92%. EBITDA fell 745% 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 Vagad Builders & Developers 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 | -₹19.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.6 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vagad Builders & Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.5% | •••• | •••• | •••• | •••• |
| 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 Vagad Builders & 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers 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 |
|---|---|---|---|---|---|---|
| Anko Construction Private Limited | •••• | •••• | •••• | •••• | - | Karnataka, India |
| Kesani Infra Tech Private Limited | •••• | •••• | •••• | •••• | - | Sanchore, Rajasthan, India |
| Tenbhk Technology Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| M.B.S. India Infradevelopers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shree-Mandiram Homes Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Vagad Builders & Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Gat Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Central Road, Andheri (E), Maharashtra, India |
| Hefty Buildtech Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Bisla Builders and Developers Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Clock Tower Infraventures Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Jardine Infrastructure and Developers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vagad Builders & Developers 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers Private Limited is audited by KRUPA BALIA for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRUPA BALIA | 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachubhai Dharamsi Arethiya Also directs: Akshar Accommodations LLP, Akshar Infratech Private Limited, Aakash Accomodations Private Limited and 5 more | Director | 09 Sep 2013 | 13 Years 0 Months | Current |
| Deepak Kanji Arethiya Also directs: Akshar Ecohomes LLP, Akshar Commercial Complex LLP, Akshar Bhagwati Ventures LLP and 2 more | Director | 16 Oct 2012 | 13 Years 11 Months | Current |
| Pratik Bhachubhai Mujat Also directs: Aakash Accomodations Private Limited, Akshar Ecohomes LLP, Akshar Bhagwati Ventures LLP and 5 more | Director | 16 Oct 2012 | 13 Years 11 Months | Current |
| Pratik Praful Shah Also directs: Thalia Raunak Developers LLP, Thalia Labh Homemakers Private Limited, Thalia Labha Home Private Limited and 3 more | Director | 16 Oct 2012 | 13 Years 11 Months | Current |
| Nikhil Thakkar Also directs: Akshar Square Reality LLP, Akshar Anshul Construction LLP, Geomatrix Developers LLP and 3 more | Director | 17 Nov 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of Vagad Builders & 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 Vagad Builders & Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2018 | Others | ₹33 Cr | Satisfied |
| 07 Aug 2015 | Il & Fs Trust Company Limited | ₹70 Cr | Satisfied |
| 10 Jan 2013 | Bank of Baroda | ₹40 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vagad Builders & Developers Private Limited
Employment history and EPFO contributions of people linked to Vagad Builders & 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers Private Limited has 13 board changes on record since 2009: 9 appointments and 4 cessations. The latest: Nikhil Thakkar was appointed as Director on 17 Nov 2023.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vagad Builders & 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 Vagad Builders & 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 Vagad Builders & 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV0768J1Z0 | Maharashtra | 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 Vagad Builders & 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 Vagad Builders & Developers Private Limited
Vagad Builders & Developers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 August 2009 (17+ years old) and is registered under CIN U45200MH2009PTC195335.
Vagad Builders & Developers reported revenue of ₹71.24 Lakh for FY 2024 (down 75% YoY).
Vagad Builders & Developers has 5 current directors:
- Bachubhai Dharamsi Arethiya - Director
- Deepak Kanji Arethiya - Director
- Pratik Bhachubhai Mujat - Director
- Pratik Praful Shah - Director
- Nikhil Thakkar - Director
Vagad Builders & Developers reported a net loss of ₹19.6 Lakh (net margin -27.5%) and EBITDA of -₹19.4 Lakh (EBITDA margin -27.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vagad Builders & Developers is -75% over three years and 92% over five years. In the latest year (FY 2024) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vagad Builders & Developers is 27AADCV0768J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vagad Builders & Developers is U45200MH2009PTC195335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vagad Builders & Developers was incorporated on 29 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vagad Builders & Developers by revenue are Anko Construction Private Limited, Kesani Infra Tech Private Limited, Tenbhk Technology Private Limited, M.B.S. India Infradevelopers Private Limited, Shree-Mandiram Homes Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nikhil Thakkar was appointed as Director on 17 Nov 2023. Ishwarlal Ratilal Thakker ceased to be Director on 31 Mar 2021. Dinesh Manilal Shah ceased to be Director on 30 Jun 2017. Vagad Builders & Developers has 13 board changes on record in total.
Vagad Builders & Developers can be reached through the website akshardevelopers.com. Its registered office is in Navi Mumbai, Maharashtra, India.