MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0139463
Welfare Properties Private Limited
Welfare Properties Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.22 Cr
▼ 31% YoY
Net profit · FY 2025
₹1.4 Cr
Net margin 33.1%
EBITDA · FY 2025
₹2.13 Cr
EBITDA margin 50.4%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Welfare Properties Private Limited
Data last updated:
Welfare Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1995PTC093036. Its GSTIN is 27AAACW1922C1ZR (Maharashtra).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹90 Lakh. It is led by directors including Vikas Babulal Khandelwal and Ashok Babulal Khandelwal.
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 Narayan Printing House Rammandir Road Off S V Road Oshiwara Near Singh Indl.Estat, Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.22 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 33.1%) and EBITDA of ₹2.13 Cr (EBITDA margin 50.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
Court records list 58 cases involving the company, including 38 filed by the company and 20 filed against it; 15 cases are pending.
Welfare Properties Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0139463). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70101MH1995PTC093036
Registration Number 093036
Incorporation Date 25 September 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0139463
Key People
Vikas Babulal Khandelwal Director Ashok Babulal Khandelwal Director Babulal Bhagwandas Khandelwal Director Recognitions & Rankings of Welfare Properties
Contact details
Welfare Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNarayan Printing House Rammandir Road Off S V Road Oshiwara Near Singh Indl.Estat, Mumbai, Maharashtra, India – 400104
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Welfare Properties Private Limited, buy the company report.
Comprehensive company report
Welfare Properties Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Welfare Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Welfare Properties Private Limited, buy the company report.
Financials of Welfare Properties Private Limited
FY 2025 filings availableWelfare Properties Private Limited reported revenue of ₹4.22 Cr (down 31% YoY) for FY 2025.
Revenue · FY 2025
₹4.22 Cr ▼ 31%
Net profit · FY 2025
₹1.4 Cr margin 33.1%
EBITDA · FY 2025
₹2.13 Cr margin 50.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 20%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 13%
5 years · compounded
▲ 19%
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 50% 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 |
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| EBITDA | ₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.4 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | 33.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Welfare Properties Private Limited, buy the company report.
Board of directors of Welfare Properties Private Limited
Welfare Properties has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Babulal Khandelwal Also directs: Supreva Reality Private Limited, Parvati Shelters Private Limited, Advent Shelters Private Limited and 5 more | Director | 15 Jun 1999 | 27 Years 4 Months | Current |
| Ashok Babulal Khandelwal Also directs: Parvati Shelters Private Limited, Advent Shelters Private Limited, Vishvardan Commercial Company Private Limited and 5 more | Director | 25 Feb 1997 | 29 Years 8 Months | Current |
| Babulal Bhagwandas Khandelwal Also directs: Supreva Reality Private Limited, Parvati Shelters Private Limited, Advent Shelters Private Limited and 2 more | Director | 15 Jun 1999 | 27 Years 4 Months | Current |
| Vijay Babulal Khandelwal Also directs: Supreva Reality Private Limited, Parvati Shelters Private Limited, Advent Shelters Private Limited and 5 more | Director | 25 Feb 1997 | 29 Years 8 Months | Current |
Peer comparison
Welfare Properties Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PVK Koramangala Development Private Limited | ₹4.23 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Welfare Properties Private Limitedthis company | ₹4.22 Cr (FY 2025) | ₹1.4 Cr | 33.1% | -31.0% | Mumbai, Maharashtra, India | |
| Projection Financial & Management Consultants Private Limited | ₹4.22 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Zuplex Estates Private Limited | ₹4.2 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Welfare Properties Private Limited, buy the company report.
Auditor
Welfare Properties Private Limited is audited by K K KHADARIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KHADARIA & CO | FY 2020 | 105013W |
Shareholding
The shareholding of Welfare Properties Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Welfare Properties Private Limited, buy the company report.
Legal cases
Welfare Properties Private Limited has 58 court cases on record: 38 filed by Welfare Properties, 20 filed against it. 15 cases are pending and 43 are disposed.
Total cases
58
Filed by the company
38
Filed against the company
20
Pending
15
Disposed
43
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 10 | 5 |
| District courts | 26 | 10 | 10 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by M/S. Ved Financial Consultancy Services Pvt.Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by Ved Financial Consultancy Services Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by The North Mumbai Central Co-Op Consumers Wholesale and Retail Stores Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
To see the full case history of Welfare Properties Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Welfare Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Welfare Properties has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Welfare Properties has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW1922C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welfare Properties Private Limited, buy the company report.
Recent activity
Welfare Properties Private Limited has 4 board changes on record since 1997: 4 appointments. The latest: Babulal Bhagwandas Khandelwal was appointed as Director on 15 Jun 1999.
AGM
Welfare Properties Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Welfare Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Babulal Bhagwandas Khandelwal was appointed as Director.
Appointed
Vikas Babulal Khandelwal was appointed as Director.
Appointed
Ashok Babulal Khandelwal was appointed as Director.
Appointed
Vijay Babulal Khandelwal was appointed as Director.
Incorporation
25 Sep 1995
Welfare Properties Private Limited was registered on 25 Sep 1995 with Roc Mumbai I & aged 31 years 1 month as per MCA records.
Frequently asked questions
Welfare Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 September 1995 (31+ years old) and is registered under CIN U70101MH1995PTC093036.
Welfare Properties has 4 current directors:
- Vikas Babulal Khandelwal - Director
- Ashok Babulal Khandelwal - Director
- Babulal Bhagwandas Khandelwal - Director
- Vijay Babulal Khandelwal - Director
The latest financial statements of Welfare Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Welfare Properties is 27AAACW1922C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welfare Properties is U70101MH1995PTC093036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welfare Properties has 58 court cases on record: 38 filed by the company and 20 filed against it. 15 are pending. Most are in the high courts.
Welfare Properties was incorporated on 25 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Welfare Properties by revenue are PVK Koramangala Development Private Limited, Projection Financial & Management Consultants Private Limited, Zuplex Estates Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities).
Babulal Bhagwandas Khandelwal was appointed as Director on 15 Jun 1999. Vikas Babulal Khandelwal was appointed as Director on 15 Jun 1999. Ashok Babulal Khandelwal was appointed as Director on 25 Feb 1997. Welfare Properties has 4 board changes on record in total.
Yes, Welfare Properties is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0139463).
The registered office of Welfare Properties is at Narayan Printing House Rammandir Road Off S V Road Oshiwara Near Singh Indl.Estat, Mumbai, Maharashtra, India – 400104.