Indian Company Master Data Made Simple
Ratnabhumi Developers Limited
Established in 2006, Ratnabhumi Developers Limited has 20 years of operational experience. Corporate ID: L45200GJ2006PLC048776, registered with number 48776. It falls under the category of company limited by shares. The firm’s authorized share capital totals ₹14.00 crore. Its paid up capital is ₹13.70 crore.
Its primary business activity involves construction. The firm’s place of registration is Ahmedabad. Its official registered office is situated at Ratna Corporate House, Near Santoor Bungalows, Ambli, Ahmedabad, Daskroi, Gujarat, India, 380058. The firm continues to be in active status. The company’s Permanent Account Number (PAN) is AACCN3637P. The company has been issued the Legal Entity Identifier code 894500G4H0L4SWXRPP90. For correspondence, the registered email address is compliance@ratnagroup.co.in. The executive leadership listing includes Rinni Kaivanbhai Shah (CFO) and Rinni Kaivanbhai Shah (CFO).
Company Overview
- CIN
- Date of Incorporation
- 27/07/2006
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹14,00,00,000.00
- Paid up Capital
- ₹13,70,00,000.00
- Activity
- Construction
- compliance@ratnagroup.co.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AACCN3637P1Z5 | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8821Y01010 | RATNABHUMI DEVELOPERS LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | RATNABHUMI DEV/SH VTG | ESVUFN |
| INE821Y01011 | RATNABHUMI DEVELOPERS LIMITED EQ | - | 12/10/2026 | RATNABHUMI DEV/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹431.85L | ₹515.99L | ₹613.68L | ₹261.86L | ₹0.00L |
| Net Debt | ₹11,402.60L | ₹11,570.92L | ₹18,970.03L | ₹10,887.32L | ₹0.00L |
| Gross PPE | ₹721.40L | ₹721.08L | ₹717.98L | ₹287.13L | ₹0.00L |
| Inventory | ₹16,902.01L | ₹17,368.54L | ₹29,874.41L | ₹21,096.48L | ₹0.00L |
| Total Debt | ₹12,041.50L | ₹11,994.52L | ₹19,353.41L | ₹10,905.88L | ₹0.00L |
| Common Stock | ₹1,370.00L | ₹1,370.00L | ₹1,370.00L | ₹1,370.00L | ₹0.00L |
| Current Debt | ₹1,093.46L | ₹319.52L | ₹675.05L | ₹0.00L | ₹0.00L |
| Share Issued | ₹137.00L | ₹137.00L | ₹137.00L | ₹137.00L | ₹0.00L |
| Total Assets | ₹19,431.19L | ₹20,273.44L | ₹34,540.52L | ₹21,992.56L | ₹0.00L |
| Capital Stock | ₹1,370.00L | ₹1,370.00L | ₹1,370.00L | ₹1,370.00L | ₹0.00L |
| Long Term Debt | ₹10,718.19L | ₹11,418.77L | ₹18,400.22L | ₹10,905.88L | ₹0.00L |
| Current Assets | ₹17,485.86L | ₹17,847.12L | ₹32,339.89L | ₹21,416.15L | ₹0.00L |
| Prepaid Assets | ₹55.28L | ₹132.45L | ₹2,034.53L | ₹167.92L | ₹0.00L |
| Working Capital | ₹13,383.68L | ₹13,319.79L | ₹19,973.19L | ₹13,839.60L | ₹0.00L |
| Invested Capital | ₹16,212.77L | ₹15,825.01L | ₹22,588.65L | ₹14,406.59L | ₹0.00L |
| Other Properties | ₹66.06L | ₹66.06L | ₹66.06L | ₹30.63L | ₹0.00L |
| Retained Earnings | ₹1,123.52L | ₹809.12L | ₹235.78L | ₹223.11L | ₹0.00L |
| Common Stock Equity | ₹4,401.12L | ₹4,086.72L | ₹3,513.38L | ₹3,500.71L | ₹0.00L |
| Net Tangible Assets | ₹4,401.12L | ₹4,086.72L | ₹3,513.38L | ₹3,500.71L | ₹0.00L |
| Tangible Book Value | ₹4,401.12L | ₹4,086.72L | ₹3,513.38L | ₹3,500.71L | ₹0.00L |
| Current Liabilities | ₹4,102.18L | ₹4,527.33L | ₹12,366.70L | ₹7,576.55L | ₹0.00L |
| Stockholders Equity | ₹4,401.12L | ₹4,086.72L | ₹3,513.38L | ₹3,500.71L | ₹0.00L |
| Other Equity Interest | ₹3,031.12L | ₹2,716.72L | ₹0.44L | ₹2,130.71L | ₹0.00L |
| Total Capitalization | ₹15,119.31L | ₹15,505.49L | ₹21,913.60L | ₹14,406.59L | ₹0.00L |
| Investment Properties | ₹1,335.80L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹137.00L | ₹137.00L | ₹137.00L | ₹137.00L | ₹0.00L |
| Other Non Current Assets | -₹0.01L | -₹0.01L | -₹0.01L | -₹0.02L | ₹0.00L |
| Total Non Current Assets | ₹1,945.32L | ₹2,426.32L | ₹2,200.62L | ₹576.41L | ₹0.00L |
| Cash And Cash Equivalents | ₹409.05L | ₹167.37L | ₹105.24L | ₹18.56L | ₹0.00L |
| Accumulated Depreciation | -₹289.55L | -₹205.09L | -₹104.30L | -₹25.27L | ₹0.00L |
| Additional Paid In Capital | ₹1,907.60L | ₹1,907.60L | ₹1,907.60L | ₹1,907.60L | ₹0.00L |
| Other Short Term Investments | ₹22.99L | ₹14.01L | ₹5.22L | ₹2.48L | ₹0.00L |
| Machinery Furniture Equipment | ₹225.26L | ₹224.94L | ₹221.84L | ₹55.91L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹4,401.12L | ₹4,086.72L | ₹3,513.38L | ₹3,500.71L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹15,030.07L | ₹16,186.72L | ₹31,027.14L | ₹18,491.85L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹1,124.82L | ₹345.89L | ₹702.44L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹10,916.68L | ₹11,648.63L | ₹18,650.97L | ₹10,905.88L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹432.04L | ₹181.38L | ₹110.46L | ₹21.04L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹10,927.89L | ₹11,659.39L | ₹18,660.44L | ₹10,915.30L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹111.10L | ₹8,978.28L | -₹5,053.87L | -₹6,216.98L | ₹0.00L |
| Changes In Cash | ₹241.69L | ₹62.14L | ₹86.68L | -₹437.15L | ₹0.00L |
| End Cash Position | ₹409.05L | ₹167.37L | ₹105.24L | ₹18.56L | ₹0.00L |
| Financing Cash Flow | -₹1,349.20L | -₹8,854.50L | ₹6,564.13L | ₹6,037.90L | ₹0.00L |
| Investing Cash Flow | ₹365.87L | -₹64.74L | -₹1,572.44L | -₹518.81L | ₹0.00L |
| Operating Cash Flow | ₹1,225.02L | ₹8,981.38L | -₹4,905.01L | -₹5,956.24L | ₹0.00L |
| Capital Expenditure | -₹1,336.12L | -₹3.10L | -₹148.86L | -₹260.74L | ₹0.00L |
| Beginning Cash Position | ₹167.37L | ₹105.24L | ₹18.56L | ₹455.71L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | -₹0.01L | ₹0.00L | ₹0.00L | ₹0.01L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹1,618.83L | ₹1,993.00L | ₹1,495.40L | ₹682.29L | ₹0.00L |
| EBITDA | ₹1,703.30L | ₹2,093.79L | ₹1,574.43L | ₹695.29L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹314.41L | ₹573.33L | ₹26.48L | ₹23.39L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹2,836.24L | ₹4,680.43L | ₹4,750.05L | ₹3,567.46L | ₹0.00L |
| Pretax Income | ₹406.38L | ₹533.16L | -₹3.80L | -₹21.72L | ₹0.00L |
| Tax Provision | ₹106.41L | ₹130.41L | -₹7.66L | -₹0.65L | ₹0.00L |
| Total Revenue | ₹5,928.64L | ₹21,168.90L | ₹22.07L | ₹19.86L | ₹0.00L |
| Cost Of Revenue | ₹3,092.40L | ₹16,488.47L | -₹4,727.98L | -₹3,547.60L | ₹0.00L |
| Total Expenses | ₹4,321.29L | ₹19,279.87L | -₹1,456.96L | -₹661.35L | ₹0.00L |
| Interest Income | ₹102.91L | ₹121.29L | ₹64.39L | ₹0.27L | ₹0.00L |
| Interest Expense | ₹1,212.45L | ₹1,459.84L | ₹1,499.20L | ₹704.01L | ₹0.00L |
| Operating Income | ₹1,607.35L | ₹1,889.03L | ₹1,479.03L | ₹681.21L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,686.59L | ₹2,107.50L | ₹1,576.11L | ₹694.33L | ₹0.00L |
| Normalized Income | ₹287.94L | ₹413.11L | ₹5.03L | -₹22.00L | ₹0.00L |
| Operating Expense | ₹1,228.89L | ₹2,791.40L | ₹3,271.02L | ₹2,886.25L | ₹0.00L |
| Operating Revenue | ₹5,928.64L | ₹21,168.90L | ₹22.07L | ₹19.86L | ₹0.00L |
| Net Interest Income | -₹1,271.76L | -₹1,360.66L | -₹1,481.16L | -₹703.89L | ₹0.00L |
| Total Unusual Items | ₹16.71L | -₹13.71L | -₹1.68L | ₹0.96L | ₹0.00L |
| Basic Average Shares | ₹137.00L | ₹137.00L | ₹137.00L | ₹137.00L | ₹0.00L |
| Diluted Average Shares | ₹137.00L | ₹137.00L | ₹137.00L | ₹137.00L | ₹0.00L |
| Total Other Finance Cost | ₹162.22L | ₹22.11L | ₹46.35L | ₹0.15L | ₹0.00L |
| Net Income Extraordinary | ₹14.14L | ₹170.58L | ₹22.63L | ₹44.46L | ₹0.00L |
| Other Operating Expenses | ₹236.54L | ₹1,581.53L | ₹1,276.97L | ₹2,130.18L | ₹0.00L |
| Reconciled Depreciation | ₹84.47L | ₹100.79L | ₹79.03L | ₹13.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹3,092.40L | ₹16,488.47L | -₹4,727.98L | -₹3,547.60L | ₹0.00L |
| Rent Expense Supplemental | ₹39.56L | ₹29.63L | ₹2.94L | ₹35.10L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹4.38L | -₹3.35L | -₹0.50L | ₹0.03L | ₹0.00L |
| Interest Income Non Operating | ₹102.91L | ₹121.29L | ₹64.39L | ₹0.27L | ₹0.00L |
| Selling And Marketing Expense | ₹191.77L | ₹41.31L | ₹29.61L | ₹101.51L | ₹0.00L |
| Interest Expense Non Operating | ₹1,212.45L | ₹1,459.84L | ₹1,499.20L | ₹704.01L | ₹0.00L |
| Net Income Common Stockholders | ₹314.41L | ₹573.33L | ₹26.48L | ₹23.39L | ₹0.00L |
| Net Income Continuous Operations | ₹300.26L | ₹402.76L | ₹3.86L | -₹21.07L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹314.41L | ₹573.33L | ₹26.48L | ₹23.39L | ₹0.00L |
| General And Administrative Expense | ₹157.47L | ₹84.19L | ₹128.99L | ₹123.42L | ₹0.00L |
| Selling General And Administration | ₹349.24L | ₹125.50L | ₹158.60L | ₹224.93L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹16.71L | -₹13.71L | -₹1.68L | ₹0.96L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹1,271.76L | -₹1,360.66L | -₹1,481.16L | -₹703.89L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹314.40L | ₹573.34L | ₹26.49L | ₹23.39L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹300.27L | ₹402.75L | ₹3.85L | -₹21.07L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹300.27L | ₹402.75L | ₹3.85L | -₹21.07L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 01/10/2016 | Kaivan Jitendrakumar Shah | 01887130 | Managing Director | View other directorships |
| 31/07/2017 | Shaishav Amitbhai Shah | 07894723 | Director | View other directorships |
| 18/09/2017 | Rinni Kaivanbhai Shah | *****1224B | CFO | |
| 29/09/2017 | Smit Sanjaykumar Shah | 07918521 | Director | View other directorships |
| 16/02/2021 | Rinni Kaivanbhai Shah | 07368796 | Whole-time director | View other directorships |
| 07/06/2021 | Avaniben Rohit Sanghavi | 09156980 | Director | View other directorships |
| 01/09/2025 | Aishwarya Ganesh | *****9614L | Company Secretary |
Business Network
Directors 7
- Kaivan Jitendrakumar ShahManaging Director
- Rinni Kaivanbhai ShahWhole-time director
- Avaniben Rohit SanghaviDirector
- Smit Sanjaykumar ShahDirector
- Shaishav Amitbhai ShahDirector
- Aishwarya GaneshCompany Secretary
- Rinni Kaivanbhai ShahCFO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 26/11/2024 | Form MGT-7-25112024 | - |
| 30/10/2024 | Form AOC-4(XBRL)-30102024_signed | - |
| 26/10/2024 | Form AOC-4(XBRL)-26102024 | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| AB7989202 | 06/10/2025 | ₹19,00,00,000.00 | Bajaj Housing Finance Limited |
| AB6525765 | 29/08/2025 | ₹1,51,00,00,000.00 | Sbicap Trustee Company Limited |
| AB4210330 | 21/05/2025 | ₹9,00,00,000.00 | Kotak Mahindra Bank Limited |
| AB2973025 | 11/03/2025 | ₹35,00,00,000.00 | Bajaj Housing Finance Limited |
| AB8178953 | 05/09/2023 | ₹15,00,00,000.00 | Ratnaafin Capital Private Limited |
| AB5390807 | 04/09/2023 | ₹8,60,00,000.00 | Indian Bank |
| AB3865781 | 14/03/2022 | ₹53,00,00,000.00 | State Bank Of India |
| AB3865424 | 14/03/2022 | ₹49,25,00,000.00 | State Bank Of India |
| AA9520199 | 09/03/2022 | ₹14,00,00,000.00 | Bajaj Housing Finance Limited |
| G18841379 | 16/04/2015 | ₹2,50,00,000.00 | Tata Capital Financial Services Limited |
| C53181046 | 20/01/2014 | ₹3,89,18,000.00 | Tata Capital Financial Services Limited |
| C04814778 | 09/11/2012 | ₹2,53,00,000.00 | Indiabulls Financial Services Limited |
| B64734767 | 25/06/2007 | ₹50,00,00,000.00 | Central Bank Of India |
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Address
Frequently Asked Questions
The current board member of Ratnabhumi Developers Limited are:
- Kaivan Jitendrakumar Shah
- Smit Sanjaykumar Shah
- Shaishav Amitbhai Shah
- Rinni Kaivanbhai Shah
- Rinni Kaivanbhai Shah
- Avaniben Rohit Sanghavi
- Aishwarya Ganesh