MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0030204
Hagwood Commercial Developers Private Limited
Hagwood Commercial Developers Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹55.95 Cr
▼ 16% YoY
Net loss · FY 2025
₹61.16 Cr
Net margin -109.3%
EBITDA · FY 2025
-₹27.32 Cr
EBITDA margin -48.8%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹15.42 Cr
Issued & subscribed
Satisfied charges
₹25 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
10
Provident fund records
About Hagwood Commercial Developers Private Limited
Data last updated:
Hagwood Commercial Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Prozone Liberty International Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC164110. Its GSTIN is 27AABCH7508Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.42 Cr. It is led by directors including Sudhanshu Chaturvedi (Managing Director) and Dipa Hetal Hakani.
Its last annual general meeting (AGM) was held on 26 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 ₹55.95 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹61.16 Cr (net margin -109.3%) and EBITDA of -₹27.32 Cr (EBITDA margin -48.8%). Revenue has grown at a compounded annual rate (CAGR) of 180% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 36 cases involving the company, including 29 filed by the company and 7 filed against it; 3 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.39 Cr; the latest was in March 2014. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is SVD Infra Developers Private Limited with revenue of ₹56.06 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 7 micro and small suppliers.
Hagwood Commercial Developers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0030204). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45201MH2006PTC164110
Registration Number 164110
Incorporation Date 26 August 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prozone Liberty International Ltd
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0030204
Key People
Sudhanshu Chaturvedi Managing Director Dipa Hetal Hakani Director Hemal Dinesh Arya Director Recognitions & Rankings of Hagwood Commercial Developers
Contact details
Hagwood Commercial Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit – A 2nd Floor South Tower, Hotel Sahara Star Vile Parle(E), Mumbai, Maharashtra, India – 400099
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hagwood Commercial Developers Private Limited, buy the company report.
Comprehensive company report
Hagwood Commercial Developers 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 Hagwood Commercial Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hagwood Commercial Developers Private Limited, buy the company report.
Financials of Hagwood Commercial Developers Private Limited
FY 2025 filings availableHagwood Commercial Developers Private Limited reported revenue of ₹55.95 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹55.95 Cr ▼ 16%
Net loss · FY 2025
₹61.16 Cr margin -109.3%
EBITDA · FY 2025
-₹27.32 Cr margin -48.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
5 years · compounded
▲ 180%
EBITDA CAGR growth
1 year
▼ 142%
3 years · compounded
▼ 126%
5 years · compounded
▼ 70%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 180%. EBITDA fell 142% 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 | -₹27.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.16 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 | -48.8% | ||||
| Net Profit Margin | -109.3% | ||||
| 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 Hagwood Commercial Developers Private Limited, buy the company report.
Board of directors of Hagwood Commercial Developers Private Limited
Hagwood Commercial Developers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhanshu Chaturvedi Also directs: Pacific Probuild LLP, Allude Pictures and Media LLP, Savory Media Solutions LLP and 5 more | Managing Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Dipa Hetal Hakani Also directs: Empire Mall Private Limited, Alliance Mall Developers Co Private Limited, Fashion Statements and Styles India LLP and 2 more | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Hemal Dinesh Arya Also directs: Omni Infrastructure Private Limited, Empire Mall Private Limited, Prozone Developers & Realtors Private Limited and 1 more | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Hagwood Commercial Developers Private 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SVD Infra Developers Private Limited | ₹56.06 Cr (FY 2025) | 83.0% | Hyderabad, Telangana, India | |||
| Tectonic Engineers Jaipur Private Limited | ₹56.03 Cr (FY 2016) | -21.0% | Jaipur, Rajasthan, India | |||
| Hagwood Commercial Developers Private Limitedthis company | ₹55.95 Cr (FY 2025) | -₹61.16 Cr | -109.3% | -16.0% | 10 | Mumbai, Maharashtra, India |
| D. K. Realty (India) Private Limited | ₹55.95 Cr (FY 2018) | -69.0% | Mumbai, Maharashtra, India | |||
| Prosperiti Homes Private Limited | ₹55.88 Cr (FY 2025) | 527404.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Hagwood Commercial Developers Private Limited, buy the company report.
Auditor
Hagwood Commercial Developers Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Hagwood Commercial Developers Private 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 Hagwood Commercial Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2018 | 100216591 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Hagwood Commercial Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Hagwood Commercial Developers Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.39 Cr; the latest was in March 2014.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹225.39 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Prozone Liberty International Limited, Prozone Liberty International Limited & J. K. Jain, Prozone Liberty International Limited & Deep Gupta Seller: Prozone International Limited, Prozone International Limited & Rakesh Rawat, Prozone International Limited & Deep Gupta |
| Feb 2011 | Funding round | ₹134.1 Cr | Investors: Triangle Real Estate India Investments Limited, Pearlscope Limited |
| Aug 2008 | Funding round | ₹82.29 Cr | Investors: Prozone International Limited |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: Prozone International Limited, Prozone International Limited & Deep Gupta, Prozone International Limited & Nikhil Patel Seller: Prozone Enterprises Private Limited , 2 individuals |
| May 2007 | Funding round | ₹9 Cr | Investors: Prozone Enterprises Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hagwood Commercial Developers Private Limited has 36 court cases on record: 29 filed by Hagwood Commercial Developers, 7 filed against it. 3 cases are pending and 33 are disposed.
Total cases
36
Filed by the company
29
Filed against the company
7
Pending
3
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 4 | 2 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Mihan India Ltd., Nagpur THR. Its Director and 13 others | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Airport Authority of India | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra, THR. Secretary, Urban Development Department, Mumbai and Ors. | Pending |
| High Court | Court case (CAS) | Filed by the company against individuals | Pending |
| Bombay High Court | Court case (MCA) | Filed against the company by Airport Authority of India, Nagpur THR. General Manager (Atm)/Cic, Nagpur | Disposed |
To see the full case history of Hagwood Commercial Developers 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
Hagwood Commercial Developers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prateek Vishwa Design Studio LLP | |||
| an individual supplier | |||
| Renox Services Private Limited | |||
| Realatte Ventures LLP | |||
| RSM Astute Consulting Private Limited |
To see the full MSME payment records of Hagwood Commercial Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hagwood Commercial Developers Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
11.11%
GST
Hagwood Commercial Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH7508Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hagwood Commercial Developers Private Limited, buy the company report.
Recent activity
Hagwood Commercial Developers Private Limited has 17 board changes on record since 2006: 10 appointments and 7 cessations. The latest: Hemal Dinesh Arya was appointed as Director on 12 Feb 2018.
AGM
Hagwood Commercial Developers Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Hagwood Commercial Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 29 Oct 2018 via Charge ID 100216591 with Others was fully satisfied on 10 Oct 2022.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100216591 was registered on 29 Oct 2018.
Appointed
Hemal Dinesh Arya was appointed as Director.
Ceased
Dinesh Triloknath Arya ceased to be Director.
Appointed
Dipa Hetal Hakani was appointed as Director.
Ceased
Hetal Vasant Hakani ceased to be Director.
Ceased
Akhil Anupendra Chaturvedi ceased to be Director.
Appointed
Dinesh Triloknath Arya was appointed as Director.
Appointed
Hetal Vasant Hakani was appointed as Director.
Ceased
Nigam Anil Patel ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
Hagwood Commercial Developers 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 26 August 2006 (20+ years old) and is registered under CIN U45201MH2006PTC164110.
Hagwood Commercial Developers has 3 current directors:
- Sudhanshu Chaturvedi - Managing Director
- Dipa Hetal Hakani - Director
- Hemal Dinesh Arya - Director
The latest financial statements of Hagwood Commercial Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hagwood Commercial Developers is 27AABCH7508Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hagwood Commercial Developers is U45201MH2006PTC164110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hagwood Commercial Developers has 36 court cases on record: 29 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Hagwood Commercial Developers was incorporated on 26 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Hagwood Commercial Developers has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹225.39 Cr; the latest was in March 2014.
The peers of Hagwood Commercial Developers by revenue are SVD Infra Developers Private Limited, Tectonic Engineers Jaipur Private Limited, D. K. Realty (India) Private Limited, Prosperiti Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Hemal Dinesh Arya was appointed as Director on 12 Feb 2018. Dinesh Triloknath Arya ceased to be Director on 10 Jan 2018. Dipa Hetal Hakani was appointed as Director on 12 Dec 2017. Hagwood Commercial Developers has 17 board changes on record in total.
Yes, Hagwood Commercial Developers is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0030204).
Hagwood Commercial Developers has 12 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Dec 2023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages