Forwest Estates Private Limited
About Forwest Estates Private Limited
Data last updated:
Forwest Estates Private Limited is a private limited company based in New, Delhi, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 19 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2004PTC130641. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shaurya Dhir and Sumer Dhir.
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 Plot No. 22 L.S. C Madangir, New, Delhi, India – 110062.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.53 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹39.18 Lakh (net margin 25.6%) and EBITDA of ₹72.45 Lakh (EBITDA margin 47.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹40.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
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- Registered AddressPlot No. 22 L.S. C Madangir, New, Delhi, India – 110062
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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 Forwest Estates Private Limited
The main business activity of Forwest Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Forwest Estates Private Limited FY 2025 filings available
Forwest Estates Private Limited reported revenue of ₹1.53 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Forwest Estates Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 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 of Forwest Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹72.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.18 Lakh | •••• | •••• | •••• | •••• |
| 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 Forwest Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.6% | •••• | •••• | •••• | •••• |
| 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 Forwest Estates 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.
Peer Comparison of Forwest Estates Private Limited
Forwest Estates Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan Marvel Hotels Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | 214.0% | •••• | Hyderabad, Telangana, India |
| Q Hexa Multi Venture Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | 213.0% | •••• | Bhubaneswar, Orissa, India |
| Rohaan Inns Private Limited | ₹1.53 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Chennai, Tamil Nadu, India |
| Vasavi Hotels Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kushalnagar, Karnataka, India |
| Richlooks Infrastructure Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Forwest Estates Private Limited this company | ₹1.53 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| GC City Club & Hotels Private Limited | ₹1.53 Cr (FY 2018) | •••• | •••• | 78.0% | •••• | Lucknow, Uttar Pradesh, India |
| Southern Avenue Inn Private Limited | ₹1.53 Cr (FY 2018) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Euphoric Hotels and Resorts Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Delhi, India |
| Satyam Resorts Private Limited | ₹1.53 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Jammu And Kashmir, Jammu & Kashmir, India |
| Three D Modern Care Private Limited | ₹1.53 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Forwest Estates by revenue in the Consumer Services industry (Hotels), 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 Forwest Estates Private Limited
Forwest Estates Private Limited is audited by P.C. NARANG ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.C. NARANG ASSOCIATES | 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.
Board of Directors of Forwest Estates Private Limited
Forwest Estates has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaurya Dhir Also directs: SHM Workspaces Private Limited, Positive Realtech Private Limited | Director | 20 Jan 2021 | 5 Years 8 Months | Current |
| Sumer Dhir Also directs: SHM Workspaces Private Limited, Positive Realtech Private Limited, Asg Greko India Enterprises LLP and 1 more | Director | 20 Jan 2021 | 5 Years 8 Months | Current |
| Sailesh Dhir Also directs: Twenty First Century Medicare Limited., Derby Estates Private Limited, P V M Associates Pvt Ltd and 5 more | Director | 19 Nov 2004 | 21 Years 10 Months | Current |
| Sonea Dhir Also directs: Derby Estates Private Limited, P V M Associates Pvt Ltd, Cambell Realty Private Limited and 5 more | Director | 19 Nov 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of Forwest Estates 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 Forwest Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2015 | Housing Development Finance Corporation Limited | ₹3.4 Cr | Satisfied |
| 11 Nov 2009 | Housing Development Finance Corporation Limited | ₹2.65 Cr | Satisfied |
| 22 Mar 2007 | Housing Development Finance Corporation Limited | ₹18.65 Cr | Satisfied |
| 30 Jan 2007 | Housing Development Finance Corporation Limited | ₹16 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Forwest Estates Private Limited
Employment history and EPFO contributions of people linked to Forwest Estates.
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 Forwest Estates Private Limited
Forwest Estates Private Limited has 4 board changes on record since 2004: 4 appointments. The latest: Shaurya Dhir was appointed as Director on 20 Jan 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Forwest Estates 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.
MSME Payment Delays by Forwest Estates Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forwest Estates 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 Forwest Estates Private Limited
Forwest Estates has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Forwest Estates 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 Forwest Estates Private Limited
Forwest Estates is an active private limited company based in New, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 19 November 2004 (22+ years old) and is registered under CIN U45201DL2004PTC130641.
Forwest Estates reported revenue of ₹1.53 Cr for FY 2024 (down 30% YoY).
Forwest Estates has 4 current directors:
- Shaurya Dhir - Director
- Sumer Dhir - Director
- Sailesh Dhir - Director
- Sonea Dhir - Director
Forwest Estates reported a net profit of ₹39.18 Lakh (net margin 25.6%) and EBITDA of ₹72.45 Lakh (EBITDA margin 47.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forwest Estates is -3% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
No. Forwest Estates has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Forwest Estates is U45201DL2004PTC130641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forwest Estates was incorporated on 19 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Forwest Estates by revenue are Deccan Marvel Hotels Private Limited, Q Hexa Multi Venture Private Limited, Rohaan Inns Private Limited, Vasavi Hotels Private Limited, Richlooks Infrastructure Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Shaurya Dhir was appointed as Director on 20 Jan 2021. Sumer Dhir was appointed as Director on 20 Jan 2021. Sailesh Dhir was appointed as Director on 19 Nov 2004. Forwest Estates has 4 board changes on record in total.
The registered office of Forwest Estates is at Plot No. 22 L.S. C Madangir, New, Delhi, India – 110062.