Belmont Properties Limited
About Belmont Properties Limited
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Belmont Properties Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vaz Forwarding Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1979PLC021230. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51 Lakh. It was formerly known as Belmont Properties Private Limited. It is led by directors including Nigel Robert Vaz and John Manuvel Gonsalves.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.5 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹16.6 Lakh (net margin -51.1%) and EBITDA of -₹11.65 Lakh (EBITDA margin -35.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹7.22 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Belmont Properties Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressWakefield House 3rd Floor 11 Sprott Road Ballard Estate Between Customs & Darabsh, Aw House, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Belmont Properties 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 Belmont Properties Limited
FY 2025 filings availableBelmont Properties Limited reported revenue of ₹32.5 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 275% 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 | -₹11.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.6 Lakh | ||||
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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 | -35.9% | ||||
| Net Profit Margin | -51.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Belmont Properties Limited, buy the company report.
Board of directors of Belmont Properties Limited
Belmont Properties has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nigel Robert Vaz Also directs: Mark Movers Private Limited, Vaz Forwarding Limited | Director | 11 Jan 2016 | 10 Years 9 Months | Current |
| John Manuvel Gonsalves Also directs: Vaz Forwarding Limited | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Marlene Winston Vaz Also directs: Mark Movers Private Limited, Vaz Forwarding Limited | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Belmont Properties Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sinmak Foundations India Private Limited | ₹32.52 Lakh (FY 2017) | -17.0% | Chennai, Tamil Nadu, India | |||
| Nasa Infrastructure Private Limited | ₹32.5 Lakh (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Belmont Properties Limitedthis company | ₹32.5 Lakh (FY 2025) | -₹16.6 Lakh | -51.1% | -13.0% | Mumbai, Maharashtra, India | |
| Jet Developers Private Limited | ₹32.5 Lakh (FY 2024) | New Rajender Nagar, Delhi, India | ||||
| Gokul Infraproject Private Limited | ₹32.5 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Belmont Properties Limited, buy the company report.
Auditor
Belmont Properties Limited is audited by THAKUR VAIDYANATH AIYAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR VAIDYANATH AIYAR & CO | FY 2019 | 000038N |
Shareholding
The shareholding of Belmont Properties Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Belmont Properties Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2010 | 10232827 | State Bank of India | ₹4.72 Cr | Satisfied | |
| 20 Feb 2004 | 90347039 | Housing Development Finance Corporation Wd.; | ₹2.5 Cr | Satisfied |
To see the full charge records of Belmont Properties Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Belmont Properties Limited has 15 court cases on record: 3 filed by Belmont Properties, 12 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 9 | 0 |
| District courts | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Vaz Forwarding Ltd and Another | Disposed |
| NCLT, Mumbai | Company petition | Filed by the company against The Registrar of Companies Mumbai | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assist./Dy. Registrar of Companies | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and 2 Ors. | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against Union of India and 2 Ors. | Disposed |
To see the full case history of Belmont Properties 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 Belmont Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Belmont Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Belmont Properties Limited, buy the company report.
Recent activity
Belmont Properties Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Belmont Properties is an active public 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 April 1979 (47+ years old) and is registered under CIN U70100MH1979PLC021230.
Belmont Properties has 3 current directors:
- Nigel Robert Vaz - Director
- John Manuvel Gonsalves - Director
- Marlene Winston Vaz - Director
The latest financial statements of Belmont 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.
No. Belmont Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Belmont Properties is U70100MH1979PLC021230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belmont Properties has 15 court cases on record: 3 filed by the company and 12 filed against it. Most are in the high courts.
Belmont Properties was incorporated on 25 April 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Belmont Properties by revenue are Sinmak Foundations India Private Limited, Nasa Infrastructure Private Limited, Jet Developers Private Limited, Gokul Infraproject Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019. John Manuvel Gonsalves was appointed as Director on 17 Apr 2019. Winston Gregory Vaz ceased to be Director on 17 Apr 2019. Belmont Properties has 9 board changes on record in total.
The registered office of Belmont Properties is at Wakefield House 3rd Floor 11 Sprott Road Ballard Estate Between Customs & Darabsh, Aw House, Mumbai, Maharashtra, India – 400001.
Belmont Properties operates in the real estate and construction industry, in the real estate builders and developers segment.