About Howe Engineering Projects (India) Private Limited
Data last updated:
Howe Engineering Projects (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Pmc Infra Limited. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 17 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2013PTC086504. Its GSTIN is 24AADCH4100N1ZU (Gujarat). The company holds 24 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹81 Lakh and a paid-up capital of ₹77.5 Lakh. It was formerly known as Howe Engineering Consulting Private Limited. It is led by directors Devjibhai Ladhabhai Patel and Jyotish Kantilal Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 209 Basil Skyline Sp Ring Road Near Vaishnodevi Underpass, Ahmedabad, Gujarat, India – 382470.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,583.42 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹365.58 Cr (net margin 23.1%) and EBITDA of ₹486.64 Cr (EBITDA margin 30.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 289 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.5 Lakh; the latest was in March 2024. Its 6 peer companies in the Infrastructure industry (Project Management) are compared by revenue, 1 larger and 5 smaller; the largest is NBCC (India) Limited with revenue of ₹12,273 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 8 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website howeindia.com.
CIN History of Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) has one previous CIN (Corporate Identification Number): U74140DL2013PTC255490. The current CIN is U74140GJ2013PTC086504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140GJ2013PTC086504 | Current |
| U74140DL2013PTC255490 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address209 Basil Skyline Sp Ring Road Near Vaishnodevi Underpass, Ahmedabad, Gujarat, India – 382470
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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 Howe Engineering Projects (India) Private Limited
The main business activity of Howe Engineering Projects (India) is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Howe Engineering Projects (India) Private Limited FY 2025 filings available
Howe Engineering Projects (India) Private Limited reported revenue of ₹1,583.42 Cr (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Howe Engineering Projects (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 64% fall in the latest year. EBITDA rose 20% 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 Howe Engineering Projects (India) 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 | ₹486.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹365.58 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 Howe Engineering Projects (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.1% | •••• | •••• | •••• | •••• |
| 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 Howe Engineering Projects (India) 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.
Board of Directors of Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devjibhai Ladhabhai Patel | Director | 25 Mar 2024 | 2 Years 6 Months | Current |
| Jyotish Kantilal Gandhi Also directs: Krushna Casual Wears Private Limited, Brightlane Infraspace Private Limited, Provanco Realtors Private Limited and 1 more | Director | 25 Mar 2024 | 2 Years 6 Months | Current |
Peer Comparison of Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Project Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NBCC (India) Limited Listed | ₹12,273 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Howe Engineering Projects (India) Private Limited this company | ₹1,583.42 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Ahmedabad, Gujarat, India |
| JSW Techno Projects Management Limited | ₹1,580.25 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Indus Concessions India Private Limited | ₹1,527.48 Cr (FY 2025) | •••• | •••• | 172.0% | •••• | Gurgaon, Haryana, India |
| Odisha Lift Irrigation Corporation Limited | ₹797.33 Cr (FY 2022) | •••• | •••• | 28.0% | •••• | Bhubaneswar, Odisha, India |
| Feedback Infra Private Limited | ₹772.94 Cr (FY 2023) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Cushman and Wakefield India Private Limited | ₹665.36 Cr (FY 2022) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Howe Engineering Projects (India) by revenue in the Infrastructure industry (Project Management), 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 Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited is audited by Dharmesh Parikh & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dharmesh Parikh & Co LLP | 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.
Ownership and Shareholding of Howe Engineering Projects (India) 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 Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.5 Lakh; the latest was in March 2024.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Infrastructure Engineering Projects India Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: PMC Infra Limited & Ashwin Modi, PMC Infra Limited Seller: Project Monitoring & Construction Limited & Shailendra Kikani, Project Monitoring & Construction Limited |
| Jun 2016 | Funding round | ₹63.1 Lakh | Investors: PMC Infra Limited, PMC Infra Limited & Ashwin Modi |
| Nov 2014 | Funding round | ₹14.4 Lakh | Investors: Project Monitoring & Construction Limited, Project Monitoring & Construction Limited & Kumar Vikram |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited has 8 court cases on record: 3 filed by Howe Engineering Projects (India), 2 filed against it, 3 where it is another party. 3 cases are pending and 5 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (CMApplication(Arb)) | Company is another party | Pending |
| High Court of Kerala | Writ petition | Company is another party | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mega Trading Corporation, A Partnership Firm | Pending |
| District court, Ernakulam, Kerala | Court case (CMApplication(Arb)) | Company is another party | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by Mega Trading Corporation | Disposed |
Full case history
All 8 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.
MSME Payment Delays by Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 8 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited has a workforce of 289 employees as of Apr 02, 2024.
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 Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) Private Limited has 24 board changes on record since 2013: 13 appointments and 11 cessations. The latest: Jimmy Kirtikumar Bhansari ceased to be Whole-Time Director on 30 Mar 2024.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Howe Engineering Projects (India) 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.
Subsidiaries & Group Companies of Howe Engineering Projects (India) 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 Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) has 24 GST registrations: 20 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH4100N1ZU | Gujarat | Active | 01 Jul 2017 |
| 24AADCH4100N2ZT | Gujarat | Active | 27 Aug 2022 |
| 08AADCH4100N1ZO | Rajasthan | Active | 01 Jul 2017 |
| 21AADCH4100N1Z0 | Odisha | 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 Howe Engineering Projects (India) 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 Howe Engineering Projects (India) Private Limited
Howe Engineering Projects (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 17 July 2013 (13+ years old) and is registered under CIN U74140GJ2013PTC086504.
Howe Engineering Projects (India) reported revenue of ₹1,583.42 Cr for FY 2025 (down 64% YoY).
Howe Engineering Projects (India) has 2 current directors:
- Devjibhai Ladhabhai Patel - Director
- Jyotish Kantilal Gandhi - Director
Howe Engineering Projects (India) reported a net profit of ₹365.58 Cr (net margin 23.1%) and EBITDA of ₹486.64 Cr (EBITDA margin 30.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Howe Engineering Projects (India) is -3% over three years. In the latest year (FY 2025) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Howe Engineering Projects (India) is 24AADCH4100N1ZU, registered in Gujarat. The company has 24 GST registrations in all, of which 20 are active and 4 are cancelled or inactive. Other active GSTINs include 24AADCH4100N2ZT (Gujarat), 08AADCH4100N1ZO (Rajasthan), 21AADCH4100N1Z0 (Odisha).
The CIN (Corporate Identification Number) of Howe Engineering Projects (India) is U74140GJ2013PTC086504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howe Engineering Projects (India) has 8 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Howe Engineering Projects (India) was incorporated on 17 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Howe Engineering Projects (India) has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.5 Lakh; the latest was in March 2024.
The peers of Howe Engineering Projects (India) by revenue are NBCC (India) Limited, JSW Techno Projects Management Limited, Indus Concessions India Private Limited, Odisha Lift Irrigation Corporation Limited, Feedback Infra Private Limited and 1 more, all in the Infrastructure industry (Project Management).
Jimmy Kirtikumar Bhansari ceased to be Whole-Time Director on 30 Mar 2024. Ketan Janakray Dave ceased to be Whole-Time Director on 30 Mar 2024. Vinay Kumar Singhal ceased to be CEO on 30 Mar 2024. Howe Engineering Projects (India) has 24 board changes on record in total.