About Harihar Infrastructure Development Corporation Limited
Data last updated:
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 7 filed by the company and 17 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2008. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Jayabharath Developers India 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.
Company details
Contact details
Harihar Infrastructure Development Corporation Limited's registered office is in Nagpur, Maharashtra. Its website is harihar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Harihar Infrastructure Development Corporation 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
Brands
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 |
Business activity
The main business activity of Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited, buy the company report.
Financials of Harihar Infrastructure Development Corporation Limited
FY 2025 filings availableHarihar Infrastructure Development Corporation Limited reported revenue of ₹6.06 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Harihar Infrastructure Development Corporation Limited, buy the company report.
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 11 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 11 Months | Current |
| Amit Arvind Badiyani | Director | 30 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Harihar Infrastructure Development Corporation 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 |
|---|---|---|---|---|---|---|
| Jayabharath Developers India Limited | ₹6.07 Cr (FY 2025) | 91.0% | Coimbatore, Tamil Nadu, India | |||
| Harihar Infrastructure Development Corporation Limitedthis company | ₹6.06 Cr (FY 2025) | ₹38.98 Lakh | 6.4% | 27.0% | 17 | Nagpur, Maharashtra, 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 | |||
| Inncreation Infrastructure India Private Limited | ₹6.06 Cr (FY 2025) | 20.0% | Koramangala, Karnataka, India |
To see the full peer comparison of Harihar Infrastructure Development Corporation Limited, buy the company report.
Auditor
Harihar Infrastructure Development Corporation Limited is audited by H H CHIMTHANAWALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H H CHIMTHANAWALA & CO | FY 2019 | 112363W |
Shareholding
The shareholding of Harihar Infrastructure Development Corporation Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Harihar Infrastructure Development Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2015 | 10613731 | Tata Capital Financial Services Limited | ₹1.3 Cr | Satisfied | |
| 05 Sep 2014 | 10519819 | Indusind Bank Limited | ₹89.25 Lakh | Satisfied | |
| 18 Aug 2011 | 10348246 | State Bnk of India (Sme Branch) | ₹4.23 Cr | Satisfied | |
| 02 May 2009 | 10157668 | State Bank of India | ₹4.1 Cr | Satisfied | |
| 28 Mar 2009 | 10158877 | Idbi Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Harihar Infrastructure Development Corporation Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harihar Infrastructure Development Corporation Limited has 24 court cases on record: 7 filed by Harihar Infrastructure Development Corporation, 17 filed against it. 2 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 0 |
| High courts | 11 | 7 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint(pariwad)) | Filed against the company by Bharti Hexacom Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| Allahabad High Court | Court case (WRIA) | Filed by the company against U.P. Co-Oprative Union Ltd. U.P. Lucknow and Others | Pending |
| High Court, UTTAR PRADESH | Writ petition | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Harihar Infrastructure Development Corporation 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 Harihar Infrastructure Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 |
To see the full group structure of Harihar Infrastructure Development Corporation Limited, buy the company report.
Employees & EPFO
Harihar Infrastructure Development Corporation Limited has a workforce of 17 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Harihar Infrastructure Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH9888H1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harihar Infrastructure Development Corporation Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 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
The latest financial statements of Harihar Infrastructure Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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: 7 filed by the company and 17 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 Jayabharath Developers India Limited, Embassy Classic Private Limited, B P R Enterprises Private Limited, Inncreation Infrastructure India Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Amit Arvind Badiyani ceased to be Whole-Time Director on 01 Apr 2019. Manish Pawankumar Tibdiwal ceased to be Director on 29 Sep 2014. Narendra Himatlal Dawda ceased to be Director on 29 Sep 2014. Harihar Infrastructure Development Corporation has 10 board changes on record in total.
Harihar Infrastructure Development Corporation can be reached through the website harihar.com. Its registered office is in Nagpur, Maharashtra, India.