
True House Property Developers Private Limited
About True House Property Developers Private Limited
Data last updated:
True House Property Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 09 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70106MH2014PTC258616.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girish Meghjibhai Patel and Hitesh Gopalbhai Patel.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 506 Eureka Tower Mindspace Off Link Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹13,216, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹7,713 (net margin -58.4%) and EBITDA of -₹7,713 (EBITDA margin -58.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
True House Property 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 AddressOffice No 506 Eureka Tower Mindspace Off Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryConstruction, Buildings
To see the full contact details of True House Property 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
Financials of True House Property Developers Private Limited
FY 2025 filings availableTrue House Property Developers Private Limited reported revenue of ₹13,216 (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 30% growth in the latest year. EBITDA rose 41% 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
| 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 | -₹7,713 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7,713 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -58.4% | ||||
| Net Profit Margin | -58.4% | ||||
| 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 True House Property Developers Private Limited, buy the company report.
Board of directors of True House Property Developers Private Limited
True House Property Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Meghjibhai Patel | Director | 09 Oct 2014 | 12 Years 0 Months | Current |
| Hitesh Gopalbhai Patel | Director | 09 Oct 2014 | 12 Years 0 Months | Current |
Auditor
True House Property Developers Private Limited is audited by Kiran Desai & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kiran Desai & Associates | FY 2017 | 105176W |
Shareholding
The shareholding of True House Property 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 True House Property Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True House Property 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 True House Property 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 True House Property Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True House Property Developers Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Girish Meghjibhai Patel was appointed as Director on 09 Oct 2014.
Frequently asked questions
True House Property Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 09 October 2014 (12+ years old) and is registered under CIN U70106MH2014PTC258616.
True House Property Developers has 2 current directors:
- Girish Meghjibhai Patel - Director
- Hitesh Gopalbhai Patel - Director
The latest financial statements of True House Property Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of True House Property Developers is U70106MH2014PTC258616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True House Property Developers was incorporated on 09 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Girish Meghjibhai Patel was appointed as Director on 09 Oct 2014. Hitesh Gopalbhai Patel was appointed as Director on 09 Oct 2014.
The registered office of True House Property Developers is at Office No 506 Eureka Tower Mindspace Off Link Road Malad West, Mumbai, Maharashtra, India – 400064.
True House Property Developers operates in the construction industry, in the buildings segment.
The compliance status of True House Property Developers is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
True House Property Developers can be reached at its registered office: Office No 506 Eureka Tower Mindspace Off Link Road Malad West, Mumbai, Maharashtra, India – 400064.