About Harihar Infrastructure Development Corporation Limited
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Harihar Infrastructure Development Corporation Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U45400MH2007PLC176371. Its GSTIN is 27AABCH9888H1ZY (Maharashtra).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹11.95 Cr. It is led by directors including Arvind Haridas Badiyani (Whole-Time Director) and Manish Arvind Badiyani (Whole-Time Director).
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 G – 3 Amar Palace Near Bjp Office Opposite Patwardhan Ground Dhantoli, Nagpur, Maharashtra, India – 440012.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.06 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹38.98 Lakh (net margin 6.4%) and EBITDA of ₹66.83 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 4% over five years.
The company has about 17 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: HIDC. As per MCA filings, the company has satisfied charges of ₹11.52 Cr on record. Court records list 24 cases involving the company, including 6 filed by the company and 11 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2008. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Stalwart Impex Private Limited with revenue of ₹6.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harihar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 3 Amar Palace Near Bjp Office Opposite Patwardhan Ground Dhantoli, Nagpur, Maharashtra, India – 440012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Harihar Infrastructure Development Corporation Limited
The main business activity of Harihar Infrastructure Development Corporation is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Harihar Infrastructure Development Corporation Limited FY 2025 filings available
Harihar Infrastructure Development Corporation Limited reported revenue of ₹6.06 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harihar Infrastructure Development Corporation Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 27% growth in the latest year. EBITDA fell 36% 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 Harihar Infrastructure Development Corporation Limited
| 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 | ₹66.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.98 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 Harihar Infrastructure Development Corporation Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stalwart Impex Private Limited | ₹6.07 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aswini Traders Private Limited | ₹6.07 Cr (FY 2024) | •••• | •••• | 141.0% | •••• | New Delhi, Delhi, India |
| Jayabharath Developers India Limited | ₹6.07 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Coimbatore, Tamil Nadu, India |
| Rpil Signalling Systems Limited | ₹6.07 Cr (FY 2025) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Ahlcon Builders and Developers Pvt. Ltd. | ₹6.07 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | New Delhi, Delhi, India |
| Harihar Infrastructure Development Corporation Limited this company | ₹6.06 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Nagpur, Maharashtra, India |
| Shubharambh Infraestate Private Limited | ₹6.06 Cr (FY 2023) | •••• | •••• | -38.0% | •••• | Lucknow, Uttar Pradesh, India |
| Embassy Classic Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| B P R Enterprises Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | 464.0% | •••• | Hyderabad, Telangana, India |
| Presidio Engineering Consultants Private Limited | ₹6.06 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Inncreation Infrastructure India Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Koramangala, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Harihar Infrastructure Development Corporation by revenue in the Real Estate industry (Builders and Developers), 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 Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited is audited by H H CHIMTHANAWALA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H H CHIMTHANAWALA & CO | 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 Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Himatlal Dawda | Director | 10 Oct 2012 | 14 Years 0 Months | Current |
| Manish Pawankumar Tibdiwal | Director | 10 Oct 2012 | 14 Years 0 Months | Current |
| Arvind Haridas Badiyani | Whole-Time Director | 30 Nov 2007 | 18 Years 10 Months | Current |
| Manish Arvind Badiyani Also directs: Hiteshi Credit Capital Limited, Harrier Information Systems Private Limited, Nest Nagpur LLP and 1 more | Whole-Time Director | 30 Nov 2007 | 18 Years 10 Months | Current |
| Amit Arvind Badiyani | Director | 30 Nov 2007 | 18 Years 10 Months | Current |
Ownership and Shareholding of Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2015 | Tata Capital Financial Services Limited | ₹1.3 Cr | Satisfied |
| 05 Sep 2014 | Indusind Bank Limited | ₹89.25 Lakh | Satisfied |
| 18 Aug 2011 | State Bnk of India (Sme Branch) | ₹4.23 Cr | Satisfied |
| 02 May 2009 | State Bank of India | ₹4.1 Cr | Satisfied |
| 28 Mar 2009 | Idbi Bank Limited | ₹1 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited has 1 deal on record (1 acquisition); the latest was in March 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Acquisition | ₹10.51 Cr | Buyer: Milestone Capital |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited has 24 court cases on record: 6 filed by Harihar Infrastructure Development Corporation, 11 filed against it, 7 where it is another party. 2 cases are pending and 22 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 8 | 0 |
| High courts | 11 | 3 | 2 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Dehat, Uttar Pradesh | Execution petition | Filed against the company by Union Finance Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint(pariwad)) | Filed against the company by Bharti Hexacom Limited | Disposed |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Allahabad High Court | Court case (WRIA) | Filed by the company against U.P. Co-Oprative Union Ltd | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 24 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation operates one associated brand: HIDC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development and property offerings in Nagpur, India. | harihar.com |
Employees and EPFO Compliance at Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited has a workforce of 17 employees as of Mar 22, 2024.
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.
Group Structure of Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Harihar Buildspace Private Limited | U45400MH2007PTC172737 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation Limited has 10 board changes on record since 2007: 5 appointments and 5 cessations. The latest: Amit Arvind Badiyani ceased to be Whole-Time Director on 01 Apr 2019.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH9888H1ZY | Maharashtra | Active | 01 Jul 2017 |
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 Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited
Harihar Infrastructure Development Corporation is an active public limited company based in Nagpur, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 November 2007 (19+ years old) and is registered under CIN U45400MH2007PLC176371.
Harihar Infrastructure Development Corporation reported revenue of ₹6.06 Cr for FY 2025 (up 27% YoY).
Harihar Infrastructure Development Corporation has 5 current directors:
- Arvind Haridas Badiyani - Whole-Time Director
- Manish Arvind Badiyani - Whole-Time Director
- Narendra Himatlal Dawda - Director
- Manish Pawankumar Tibdiwal - Director
- Amit Arvind Badiyani - Director
Harihar Infrastructure Development Corporation reported a net profit of ₹38.98 Lakh (net margin 6.4%) and EBITDA of ₹66.83 Lakh (EBITDA margin 11%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harihar Infrastructure Development Corporation is 34% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harihar Infrastructure Development Corporation is 27AABCH9888H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harihar Infrastructure Development Corporation is U45400MH2007PLC176371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harihar Infrastructure Development Corporation has 24 court cases on record: 6 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Harihar Infrastructure Development Corporation was incorporated on 30 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Nagpur.
Harihar Infrastructure Development Corporation has 1 deal on record (1 acquisition); the latest was in March 2008.
The peers of Harihar Infrastructure Development Corporation by revenue are Stalwart Impex Private Limited, Aswini Traders Private Limited, Jayabharath Developers India Limited, Rpil Signalling Systems Limited, Ahlcon Builders and Developers Pvt. Ltd. and 5 more, all in the Real Estate industry (Builders and Developers).