Hasmukh Estates Pvt Ltd
About Hasmukh Estates Pvt Ltd
Data last updated:
Hasmukh Estates Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1981PTC025900. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.23 Lakh. It is led by directors Lakhamshi Jethalal Gala and Bhavesh Lakhamshi Gala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Haroon House 1st Floor 294 Perin Nariman Street Opp. Rbi Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2026, the company reported a revenue of ₹60,702, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹99,563 (net margin -164%) and EBITDA of -₹99,563 (EBITDA margin -164%).
As per MCA filings, the company has open charges of ₹20.9 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hasmukh Estates Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHaroon House 1st Floor 294 Perin Nariman Street Opp. Rbi Fort, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hasmukh Estates Pvt Ltd, 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
Financials of Hasmukh Estates Pvt Ltd
FY 2026 filings availableHasmukh Estates Pvt Ltd reported revenue of ₹60,702 (down 93% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 113% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60,702 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹99,563 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹99,563 | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -164% | ||||
| Net Profit Margin | -164% | ||||
| 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 Hasmukh Estates Pvt Ltd, buy the company report.
Board of directors of Hasmukh Estates Pvt Ltd
Hasmukh Estates has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhamshi Jethalal Gala Also directs: Gala Paper Industries (India) Private Limited, Infinity Industries Private Limited, Prabhat Plaza Private Limited and 3 more | Director | 22 Aug 2014 | 12 Years 2 Months | Current |
| Bhavesh Lakhamshi Gala Also directs: Gala Paper Industries (India) Private Limited, Infinity Industries Private Limited, Prabhat Plaza Private Limited and 3 more | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Hasmukh Estates Pvt Ltd is audited by Baxi & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baxi & Associates | FY 2026 | 122552W |
Shareholding
The shareholding of Hasmukh Estates Pvt Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hasmukh Estates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2014 | 10493664 | The Kalyan Janata Sahakari Bank Limited | ₹14.9 Cr | Open | |
| 29 Sep 2013 | 10455615 | The Kalyan Janata Sahakari Bank Limited | ₹6 Cr | Open |
To see the full charge records of Hasmukh Estates Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hasmukh Estates Pvt Ltd has 5 court cases on record: 4 filed by Hasmukh Estates, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Reserve Bank of Inida and 2 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax 1( and 4 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Kalyan Janata Sahakari Bank Ltd. and 2 Ors and 2 others | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra, Through Dept of Urban Development | Disposed |
To see the full case history of Hasmukh Estates Pvt Ltd, 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 Hasmukh Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hasmukh Estates has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hasmukh Estates Pvt Ltd, buy the company report.
Recent activity
Hasmukh Estates Pvt Ltd has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Bhavesh Lakhamshi Gala ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Hasmukh Estates 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 21 December 1981 (45+ years old) and is registered under CIN U70100MH1981PTC025900.
Hasmukh Estates has 2 current directors:
- Lakhamshi Jethalal Gala - Director
- Bhavesh Lakhamshi Gala - Director
The latest financial statements of Hasmukh Estates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Hasmukh Estates has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hasmukh Estates is U70100MH1981PTC025900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hasmukh Estates has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Hasmukh Estates was incorporated on 21 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavesh Lakhamshi Gala ceased to be Additional Director on 29 Sep 2024. Bhavesh Lakhamshi Gala was appointed as Director on 20 Apr 2024. Shivji Ramji Shah ceased to be Director on 20 Apr 2024. Hasmukh Estates has 13 board changes on record in total.
The registered office of Hasmukh Estates is at Haroon House 1st Floor 294 Perin Nariman Street Opp. Rbi Fort, Mumbai, Maharashtra, India – 400001.
Hasmukh Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
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.
