About DLF Promenade Limited
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DLF Promenade Limited is a public limited company based in Gurgaon, Haryana, India, a subsidiary of Dlf Cyber City Developers Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 02 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74920HR1999PLC034138. Its GSTIN is 07AACCB0126B2ZJ (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.56 Cr and a paid-up capital of ₹6.52 Cr. It was formerly known as Beverly Park Maintenance Services Private Limited and Beverly Park Maintenance Services Limited. It is led by directors including Manish Mehrotra and Siddhartha Natu (Manager).
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shopping Mall Ph – 1 DLF City Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2023, the company reported a revenue of ₹175.16 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹59.83 Cr (net margin 34.2%) and EBITDA of ₹110.15 Cr (EBITDA margin 62.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company is associated with 2 brands: DLF Promenade and DLF India. As per MCA filings, the company has open charges of ₹381 Cr and satisfied charges of ₹2,999 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹149.83 Cr; the latest was in March 2018. The company has 23 MSME Form 1 returns on record between 2017 and 2024, listing 299 overdue payments to 51 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 dlfpromenade.com.
Company details
Name history
DLF Promenade has undergone 2 name changes throughout its history. The company was previously known as Beverly Park Maintenance Services Private Limited, and Beverly Park Maintenance Services Limited. The current legal name is Dlf Promenade Limited.
| Company Name | Status |
|---|---|
| DLF Promenade Limited | Current |
| Beverly Park Maintenance Services Private Limited | Previous |
| Beverly Park Maintenance Services Limited | Previous |
Contact details
DLF Promenade Limited's registered office is in Gurgaon, Haryana. Its website is dlfpromenade.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShopping Mall Ph – 1 DLF City Gurgaon, Haryana, India – 122002
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of DLF Promenade 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
Brands
DLF Promenade operates two associated brands: DLF Promenade and DLF India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail mall operations, dining, and entertainment services in New Delhi. | dlfpromenade.com | |
| Provider of property and real estate development services | dlf.in |
Financials of DLF Promenade Limited
FY 2025 filings availableDLF Promenade Limited reported revenue of ₹175.16 Cr (up 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 43% growth in the latest year. EBITDA rose 46% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹175.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹110.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.83 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | 34.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 DLF Promenade Limited, buy the company report.
Board of directors of DLF Promenade Limited
DLF Promenade has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mehrotra Also directs: Paliwal Real Estate Limited, Nambi Buildwell Limited | Director | 25 Oct 2023 | 3 Years 0 Months | Current |
| Siddhartha Natu Also directs: Fairleaf Real Estate Private Limited | Manager | 27 Sep 2024 | 2 Years 0 Months | Current |
| Navin Kedia | Director | 25 Oct 2023 | 3 Years 0 Months | Current |
Auditor
DLF Promenade Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of DLF Promenade Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of DLF Promenade Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2021 | 100445546 | Others | ₹1 Cr | Open | |
| 20 Sep 2019 | 100303648 | Others | ₹380 Cr | Open | |
| 11 Jun 2014 | 10506615 | Axis Trustee Services Limited | ₹375 Cr | Satisfied | |
| 27 Feb 2013 | 10417449 | Indiabulls Infrastructure Credit Limited | ₹12 Cr | Satisfied | |
| 07 Mar 2012 | 10340008 | Indiabulls Housing Finance Limited | ₹1,025 Cr | Satisfied |
To see the full charge records of DLF Promenade Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
DLF Promenade Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹149.83 Cr; the latest was in March 2018.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Dlf Cyber City Developers Limited & Rp Punjani, DLF Cyber City Developers Limited & Amit Grover, DLF Cyber City Developers Limited Seller: Dlf Limited & Krishna Kumar Vohra, Dlf Limited & Shiv Kumar Gupta, Dlf Limited & Adesh Gupta |
| Sep 2015 | Secondary share transfer | Undisclosed | Seller: DLF Cyber City Developers Limited |
| Sep 2015 | Funding round | ₹125 Cr | Investors: DLF Cyber City Developers Limited |
| Mar 2011 | Funding round | ₹24.75 Cr | Investors: DLF Cyber City Developers Limited |
To see the full deal history of DLF Promenade Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
DLF Promenade Limited has 12 court cases on record: 4 filed by DLF Promenade, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Execution petition | Filed by the company against Gateway Hospitality Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Gateway Hospitality Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Ms Gateway Hospitality Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by A B Optique Eye Ear and Speech Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by International Corp Solutions Pvt Ltd | Disposed |
To see the full case history of DLF Promenade 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.
Credit ratings & regulatory alerts
DLF Promenade Limited was last rated by Icra on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of DLF Promenade Limited, buy the company report.
MSME payment delays
DLF Promenade Limited has 23 MSME Form 1 returns on record between 2017 and 2024, listing 299 overdue payments to 51 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 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Redefining Hospitality Private Limited | |||
| Sociowash Media Private Limited | |||
| Concept Communication Limited |
To see the full MSME payment records of DLF Promenade Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
DLF Promenade has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCB0126B2ZJ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DLF Promenade Limited, buy the company report.
Recent activity
DLF Promenade Limited has 26 board changes on record since 2009: 4 appointments and 22 cessations. The latest: Siddhartha Natu was appointed as Manager on 27 Sep 2024.
40 earlier events are in the company report.
News
Frequently asked questions
DLF Promenade is an active public limited company based in Gurgaon, Haryana, India. The company works in mall and retail management, within the business services industry. It was incorporated on 02 February 1999 (27+ years old) and is registered under CIN U74920HR1999PLC034138.
DLF Promenade has 3 current directors:
- Manish Mehrotra - Director
- Navin Kedia - Director
- Siddhartha Natu - Manager
The latest financial statements of DLF Promenade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DLF Promenade is 07AACCB0126B2ZJ, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of DLF Promenade is U74920HR1999PLC034138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DLF Promenade has 12 court cases on record: 4 filed by the company and 8 filed against it. Most are in the high courts.
DLF Promenade was incorporated on 02 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
DLF Promenade has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹149.83 Cr; the latest was in March 2018.
Siddhartha Natu was appointed as Manager on 27 Sep 2024. Abhishek Shrivastava ceased to be Additional Director on 01 Aug 2024. Manish Mehrotra ceased to be Additional Director on 01 Aug 2024. DLF Promenade has 26 board changes on record in total.
DLF Promenade has 23 MSME Form 1 returns on record between 2017 and 2024, listing 299 overdue payments to 51 micro and small suppliers. The latest return was filed on 25 Apr 2024.
DLF Promenade can be reached through the website dlfpromenade.com. Its registered office is in Gurgaon, Haryana, India.