About Hardcastle Restaurants Private Limited
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Hardcastle Restaurants Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Westlife Foodworld Limited. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 07 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1995PTC091422. Its GSTIN is 27AAAFH1333H1ZT (Maharashtra). The company holds 13 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹176.5 Cr and a paid-up capital of ₹87.38 Cr. It is led by directors including Saurabh Kalra (Managing Director) and Sanjay Rajkumar Soni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1001 Tower – 3 10th Floor One International Center Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,514.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹11.26 Cr (net margin 0.4%) and EBITDA of ₹344.79 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company has about 10,945 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹700 Cr and satisfied charges of ₹129.36 Cr on record. Court records list 91 cases involving the company, including 42 filed by the company and 49 filed against it; 22 cases are pending. The company has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹72.99 Cr; the latest was in March 2017. Its 6 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 3 larger and 3 smaller; the largest is Jubilant Foodworks Limited with revenue of ₹8,217.07 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 11 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 mcdonaldsindia.com.
Company details
Contact details
Hardcastle Restaurants Private Limited's registered office is in Mumbai, Maharashtra. Its website is mcdonaldsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1001 Tower – 3 10th Floor One International Center Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Hardcastle Restaurants Private 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
Business activity
The main business activity of Hardcastle Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Hardcastle Restaurants Private Limited, buy the company report.
Financials of Hardcastle Restaurants Private Limited
FY 2025 filings availableHardcastle Restaurants Private Limited reported revenue of ₹2,514.55 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 4% growth in the latest year. EBITDA fell 11% 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 | ₹344.79 Cr | ||||
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| Net Profit (PAT) | ₹11.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Hardcastle Restaurants Private Limited, buy the company report.
Board of directors and KMP of Hardcastle Restaurants Private Limited
Hardcastle Restaurants Private Limited currently reports 5 directors and 1 key managerial person. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rajkumar Soni | Whole-Time Director | 31 Aug 2019 | 7 Years 1 Months | Current |
| Radha Jain | Company Secretary | 08 Nov 2013 | 12 Years 11 Months | Current |
| Deepa Vidyadhar Bhajekar Also directs: D Technology Private Limited, D Technology Innovative Products Private Limited, Beyond Mango Private Limited and 1 more | Director | 09 Nov 2022 | 3 Years 11 Months | Current |
| Nitin Vasant Mhatre | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Saurabh Kalra | Managing Director | 20 Mar 2023 | 3 Years 7 Months | Current |
| Jyotin Kantilal Mehta | Director | 01 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Hardcastle Restaurants Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jubilant Foodworks Limited | ₹8,217.07 Cr (FY 2025) | 44.0% | Noida, Uttar Pradesh, India | |||
| Sapphire Foods India Limited | ₹2,919.08 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Restaurant Brands Asia Limited | ₹2,581.89 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Hardcastle Restaurants Private Limitedthis company | ₹2,514.55 Cr (FY 2025) | ₹11.26 Cr | 0.4% | 4.0% | 10,945 | Mumbai, Maharashtra, India |
| Travel Food Services Limited | ₹1,762.71 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Rebel Foods Private Limited | ₹1,657.97 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Connaught Plaza Restaurants Private Limited | ₹1,587.41 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hardcastle Restaurants Private Limited, buy the company report.
Auditor
Hardcastle Restaurants Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Hardcastle Restaurants 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Hardcastle Restaurants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2024 | 100936774 | Standard Chartered Bank | ₹100 Cr | Open | |
| 14 Mar 2022 | 100546813 | Others | ₹75 Cr | Open | |
| 18 Nov 2021 | 100512449 | Axis Bank Limited | ₹75 Cr | Open | |
| 16 Jul 2021 | 100464848 | Others | ₹30 Cr | Open | |
| 07 Jan 2021 | 100410846 | Others | ₹75 Cr | Open |
To see the full charge records of Hardcastle Restaurants Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Hardcastle Restaurants Private Limited has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹72.99 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹412.5 Cr | Investors: Westlife Foodworld Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Westlife Foodworld Limited , Westlife Development Limited & Amit Jatia Seller: Triple A Foods Private Limited , Mcdonald's India Private Limited , 2 individuals |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Westlife Foodworld Limited Seller: Triple A Foods Private Limited , Westpoint Leisureparks Private Limited |
| May 2013 | Funding round | ₹42 Cr | Investors: Westpoint Leisureparks Private Limited |
| May 2010 | Acquisition | Undisclosed | Buyer: Triple A Foods Private Limited Seller: Mcdonald's India Private Limited |
To see the full deal history of Hardcastle Restaurants Private 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
Hardcastle Restaurants Private Limited has 91 court cases on record: 42 filed by Hardcastle Restaurants, 49 filed against it. 22 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 37 | 14 |
| High courts | 34 | 9 | 8 |
| Supreme Court | 5 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Kings Radio Exim Pvt Ltd, Represented by Its Director, Mr Mohammed Zubair Uddin | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Classic Bhoomi Constructors and Developers Pvt. Ltd | Pending |
| Bombay High Court | Court case (AO) | Filed by the company against Classic Bhoomi Constructors and Developers Private Limited | Disposed |
| Bombay High Court | Court case (CAA) | Filed by the company against Classic Bhoomi Constructors and Developers Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Classic Bhoomi Constructors and Developers Pvt. Ltd and 2 others | Disposed |
To see the full case history of Hardcastle Restaurants 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.
Credit ratings & regulatory alerts
Hardcastle Restaurants Private Limited was last rated by Indiarating on 14 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 14 Mar 2023 |
To see the full credit ratings and regulatory alerts of Hardcastle Restaurants Private Limited, buy the company report.
MSME payment delays
Hardcastle Restaurants Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Osource Global Private Limited | |||
| Wang Professionals Private Limited | |||
| Swastik Synergy Engineering Private Limited | |||
| Shri Hi - Tech (India) Private Limited |
To see the full MSME payment records of Hardcastle Restaurants Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hardcastle Restaurants Private Limited has a workforce of 10,945 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Hardcastle Restaurants has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAAFH1333H1ZT | Maharashtra | Active | 01 Jul 2017 |
| 27AAAFH1333H2ZS | Maharashtra | Active | 25 Aug 2017 |
| 22AAAFH1333H1Z3 | Chhattisgarh | Active | 01 Jul 2017 |
| 23AAAFH1333H1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hardcastle Restaurants Private Limited, buy the company report.
Recent activity
Hardcastle Restaurants Private Limited has 46 board changes on record since 1995: 26 appointments and 20 cessations. The latest: Hrushit Dipak Shah ceased to be CFO on 04 Nov 2025.
63 earlier events are in the company report.
News
Frequently asked questions
Hardcastle Restaurants is an active private limited company based in Mumbai, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 07 August 1995 (31+ years old) and is registered under CIN U55101MH1995PTC091422.
Hardcastle Restaurants has 6 current directors and KMP:
- Saurabh Kalra - Managing Director
- Sanjay Rajkumar Soni - Whole-Time Director
- Deepa Vidyadhar Bhajekar - Director
- Nitin Vasant Mhatre - Director
- Jyotin Kantilal Mehta - Director
- Radha Jain - Company Secretary
The latest financial statements of Hardcastle Restaurants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hardcastle Restaurants is 27AAAFH1333H1ZT, registered in Maharashtra. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAAFH1333H2ZS (Maharashtra), 22AAAFH1333H1Z3 (Chhattisgarh), 23AAAFH1333H1Z1 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Hardcastle Restaurants is U55101MH1995PTC091422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardcastle Restaurants has 91 court cases on record: 42 filed by the company and 49 filed against it. 22 are pending. Most are in the district courts.
Hardcastle Restaurants was incorporated on 07 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardcastle Restaurants has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹72.99 Cr; the latest was in March 2017.
The peers of Hardcastle Restaurants by revenue are Jubilant Foodworks Limited, Sapphire Foods India Limited, Restaurant Brands Asia Limited, Travel Food Services Limited, Rebel Foods Private Limited and 1 more, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Hrushit Dipak Shah ceased to be CFO on 04 Nov 2025. Jyotin Kantilal Mehta was appointed as Director on 01 Mar 2025. Rajendra Kishore Mariwala ceased to be Director on 01 Mar 2025. Hardcastle Restaurants has 46 board changes on record in total.
Hardcastle Restaurants has 5 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 11 micro and small suppliers. The latest return was filed on 25 Oct 2020.
Hardcastle Restaurants can be reached through the website mcdonaldsindia.com. Its registered office is in Mumbai, Maharashtra, India.