GWL Properties Limited
About GWL Properties Limited
Data last updated:
GWL Properties Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Dandvati Investments & Trading Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19129TN1964PLC000749. Its GSTIN is 33AAACG2538A2ZB (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹17.05 Cr. It was formerly known as Gordon Woodroffe Engineers Limited. It is led by directors including Gaurang Arunkumar Shah (Whole-Time Director) and Divyesh Shah.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 43 Darga Road Zameen Pallavaram, Chennai, Tamil Nadu, India – 600043.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.01 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net loss of ₹7.74 Cr (net margin -257.4%) and EBITDA of -₹7.73 Cr (EBITDA margin -257%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 19% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹4.75 Cr on record. Court records list 46 cases involving the company, including 21 filed by the company and 25 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GWL Properties Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43 Darga Road Zameen Pallavaram, Chennai, Tamil Nadu, India – 600043
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of GWL 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 GWL Properties Limited
FY 2025 filings availableGWL Properties Limited reported revenue of ₹3.01 Cr (up 105% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 105% growth in the latest year. EBITDA fell 463% 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 | -₹7.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.74 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -257% | ||||
| Net Profit Margin | -257.4% | ||||
| 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 GWL Properties Limited, buy the company report.
Board of directors of GWL Properties Limited
GWL Properties has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyesh Shah | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
| Ravindra Keshav Raje Also directs: Linytron Electronics Private Limited, SMN Engineers Limited, Milliner Agencies Private Limited and 5 more | Director | 27 Sep 2006 | 20 Years 0 Months | Current |
| Gaurang Arunkumar Shah Also directs: Linytron Electronics Private Limited, SMN Engineers Limited, Primo Enterprises Private Limited and 5 more | Whole-Time Director | 28 Apr 2023 | 3 Years 5 Months | Current |
Peer comparison
GWL Properties Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fores Global Infrastructure Private Limited | ₹3.01 Cr (FY 2024) | -59.0% | Bangalore, Karnataka, India | |||
| Dhruva Infra Projects Private Limited | ₹3.01 Cr (FY 2024) | -30.0% | Hyderabad, Telangana, India | |||
| D & C Developers Private Limited | ₹3.01 Cr (FY 2025) | 28.0% | Ahmedabad, Gujarat, India | |||
| Merrill Infrastructure Private Limited | ₹3.01 Cr (FY 2019) | 1.0% | Howrah, West Bengal, India | |||
| Blue Arrow Buildcon Private Limited | ₹3.01 Cr (FY 2025) | 109.0% | Kolkata, West Bengal, India | |||
| GWL Properties Limitedthis company | ₹3.01 Cr (FY 2025) | -₹7.74 Cr | -257.4% | 105.0% | 1 | Chennai, Tamil Nadu, India |
| Nishant Infradwell Private Limited | ₹3.01 Cr (FY 2025) | -23.0% | Nashik, Maharashtra, India | |||
| Alfa Realbuild Private Limited | ₹3.01 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Phrenic Design & Construction Private Limited | ₹3.01 Cr (FY 2017) | 7.0% | New Delhi, Delhi, India | |||
| Rubix Estates Private Limited | ₹3 Cr (FY 2023) | 256.0% | Warangal, Telangana, India | |||
| Bhagat Housing Development Private Limited | ₹3 Cr (FY 2025) | 81.0% | Kolkata, West Bengal, India |
To see the full peer comparison of GWL Properties Limited, buy the company report.
Shareholding
The shareholding of GWL Properties Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GWL Properties Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2004 | 90303803 | Indian Overseas Bank | ₹2.75 Cr | Open | |
| 11 Mar 2004 | 90306722 | Indian Overseas Bank | ₹2.75 Cr | Open | |
| 20 Dec 1986 | 90307022 | Canara Bank | ₹20 Lakh | Satisfied | |
| 24 Mar 1986 | 90306988 | Canara Bank | ₹50 Lakh | Satisfied | |
| 02 Aug 1985 | 90303456 | Canara Bank | ₹25 Lakh | Satisfied |
To see the full charge records of GWL Properties Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
GWL Properties Limited has 46 court cases on record: 21 filed by GWL Properties, 25 filed against it. 5 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 24 | 4 |
| District courts | 7 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against James Mackintosh and Company Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Embassy Property Developments Pvt Ltd | Disposed |
| Madras High Court | Original application | Filed against the company by Embassy Property Developments Pvt Ltd | Disposed |
| District court, Chengalpattu, Tamil Nadu | Court case (Tr.OP) | Filed by the company against SNP Ventures Pvt Ltd, | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against James Mackintosh and Company Pvt. Ltd. | Disposed |
To see the full case history of GWL 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 GWL Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
GWL Properties has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| SMN Engineers Limited | U45209TN1997PLC039043 |
To see the full group structure of GWL Properties Limited, buy the company report.
Employees & EPFO
GWL Properties Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
GWL Properties has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACG2538A2ZB | Tamil Nadu | Active | 20 Oct 2019 |
To see the full GST registrations and return filing status of GWL Properties Limited, buy the company report.
Recent activity
GWL Properties Limited has 17 board changes on record since 2006: 6 appointments and 11 cessations. The latest: Sonal Nitin Doshi was appointed as Director on 19 Aug 2025.
42 earlier events are in the company report.
Frequently asked questions
GWL Properties is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 1964 (62+ years old) and is registered under CIN U19129TN1964PLC000749.
GWL Properties has 3 current directors:
- Gaurang Arunkumar Shah - Whole-Time Director
- Divyesh Shah - Director
- Ravindra Keshav Raje - Director
The latest financial statements of GWL Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GWL Properties is 33AAACG2538A2ZB, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of GWL Properties is U19129TN1964PLC000749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GWL Properties has 46 court cases on record: 21 filed by the company and 25 filed against it. 5 are pending. Most are in the high courts.
GWL Properties was incorporated on 14 December 1964, making it 62+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of GWL Properties by revenue are Fores Global Infrastructure Private Limited, Dhruva Infra Projects Private Limited, D & C Developers Private Limited, Merrill Infrastructure Private Limited, Blue Arrow Buildcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sonal Nitin Doshi was appointed as Director on 19 Aug 2025. Ashok Kumar Kapur ceased to be Director on 22 Sep 2023. Dharti Sahil Gandhi was appointed as CFO on 28 Apr 2023. GWL Properties has 17 board changes on record in total.
The registered office of GWL Properties is at 43 Darga Road Zameen Pallavaram, Chennai, Tamil Nadu, India – 600043.
GWL Properties operates in the real estate and construction industry, in the real estate builders and developers segment.