Harshal Properties Private Limited
About Harshal Properties Private Limited
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Harshal Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 07 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2019PTC332685.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tarun Harshi Motta and Nemchand Khetshi Dedhia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.08 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹40.16 Lakh (net margin 37.3%) and EBITDA of ₹1.07 Cr (EBITDA margin 99.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹71 Cr on record.
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- Registered AddressOffice No. 1 2nd Floor, Mcf Udyan Marg Prem Nangar, Mumbai, Maharashtra, India – 400092
- IndustryFinancial Services, Housing Finance Companies
- 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
Financials of Harshal Properties Private Limited FY 2025 filings available
Harshal Properties Private Limited reported revenue of ₹1.08 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harshal Properties Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. 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 Harshal Properties Private 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 | ₹1.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.16 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 Harshal Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 37.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Harshal Properties are in the company report.
Financial statements from FY 2020
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 Harshal Properties Private Limited
Harshal Properties Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Housing Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambit Housing Finance Private Limited | ₹1.3 Cr (FY 2023) | •••• | •••• | 695.0% | •••• | Mumbai, Maharashtra, India |
| Eden Finserv Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Kolkata, West Bengal, India |
| Basera Home Finance Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 1661.0% | •••• | Mumbai, Maharashtra, India |
| Ninaad Finance and Properties Private Limited | ₹1.11 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Green Bridge Housing Finance Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Harshal Properties Private Limited this company | ₹1.08 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Mumbai, Maharashtra, India |
| Torus Housing Finance Services Private Limited | ₹1.08 Cr (FY 2024) | •••• | •••• | 24340.0% | •••• | Mumbai, Maharashtra, India |
| Budmal Motibai Housing Finance Limited | ₹96.29 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Orix Housing Finance Corporation India Limited | ₹89 Lakh (FY 2022) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Keemaya Housing Finance Private Limited | ₹86.8 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Iti Housing Finance Limited | ₹85.01 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Harshal Properties by revenue in the BFSI industry (Housing Finance), 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 Harshal Properties Private Limited
Harshal Properties Private Limited is audited by A. M. SOLANKI & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. M. SOLANKI & ASSOCIATES LLP | 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 Harshal Properties Private Limited
Harshal Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Harshi Motta | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
| Nemchand Khetshi Dedhia | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Harshal Properties Private 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 Harshal Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2021 | Others | ₹21 Cr | Satisfied |
| 06 Feb 2020 | Others | ₹50 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Harshal Properties Private Limited
Employment history and EPFO contributions of people linked to Harshal Properties.
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.
Recent Activity on Harshal Properties Private Limited
Harshal Properties Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Nemchand Khetshi Dedhia was appointed as Director on 07 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Harshal Properties Private 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 Harshal Properties Private 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 Harshal Properties Private 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 Harshal Properties Private Limited
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 Harshal Properties Private 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 Harshal Properties Private Limited
Harshal Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 07 November 2019 (7+ years old) and is registered under CIN U45309MH2019PTC332685.
Harshal Properties reported revenue of ₹1.08 Cr for FY 2025 (down 36% YoY).
Harshal Properties has 2 current directors:
- Tarun Harshi Motta - Director
- Nemchand Khetshi Dedhia - Director
Harshal Properties reported a net profit of ₹40.16 Lakh (net margin 37.3%) and EBITDA of ₹1.07 Cr (EBITDA margin 99.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harshal Properties is -31% over three years and 48% over five years. In the latest year (FY 2025) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Harshal Properties is U45309MH2019PTC332685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshal Properties was incorporated on 07 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harshal Properties by revenue are Ambit Housing Finance Private Limited, Eden Finserv Private Limited, Basera Home Finance Private Limited, Ninaad Finance and Properties Private Limited, Green Bridge Housing Finance Private Limited and 5 more, all in the BFSI industry (Housing Finance).
Nemchand Khetshi Dedhia was appointed as Director on 07 Nov 2019. Tarun Harshi Motta was appointed as Director on 07 Nov 2019.
The registered office of Harshal Properties is at Office No. 1 2nd Floor, Mcf Udyan Marg Prem Nangar, Mumbai, Maharashtra, India – 400092.
Harshal Properties has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.