Hazel Realty Private Limited

Hazel Realty Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U70102TN2010PTC074458 Incorporated 02 February 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company real estate and construction MSME · Medium
Data last updated
Revenue · FY 2024
₹29.92 Cr
▼ 48% YoY
Net loss · FY 2024
₹1.07 Cr
Net margin -3.6%
EBITDA · FY 2024
₹3.28 Cr
EBITDA margin 10.9%
Authorised capital
₹28.6 Cr
Registered with MCA
Paid-up capital
₹28.51 Cr
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹216.29 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
1
Provident fund records

About Hazel Realty Private Limited

Data last updated:

Hazel Realty Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Guna Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 February 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2010PTC074458. Its GSTIN is 33AADCV1777F1ZD (Tamil Nadu).

The company has an authorised share capital of ₹28.6 Cr and a paid-up capital of ₹28.51 Cr. It was formerly known as Vgn Pragnya Realty Private Limited. It is led by directors Krishnamoorthi Govindaraghavan and Velu Ranjith.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Poonamalleeavadi High Road Near Kendriyavihar, Chennai, Tamil Nadu, India – 600071.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.92 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -3.6%) and EBITDA of ₹3.28 Cr (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹216.29 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 8 deals on record (4 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹134.5 Cr; the latest was in December 2021. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is Indrajit Properties Private Limited with revenue of ₹29.94 Cr. The company has 2 MSME Form 1 returns on record between 2022 and 2024, listing 5 overdue payments to 1 micro and small supplier.

Hazel Realty Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0145477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hazelproject.in.

Company details

CIN U70102TN2010PTC074458
Registration Number 074458
Incorporation Date 02 February 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Guna Developers Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0145477

Recognitions & Rankings of Hazel Realty

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-02-0145477

Contact details

Hazel Realty Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hazelproject.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Poonamalleeavadi High Road Near Kendriyavihar, Chennai, Tamil Nadu, India – 600071
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Hazel Realty Private Limited, buy the company report.

Comprehensive company report
Hazel Realty Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hazel Realty is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Hazel Realty Private Limited, buy the company report.

Financials of Hazel Realty Private Limited

FY 2024 filings available

Hazel Realty Private Limited reported revenue of ₹29.92 Cr (down 48% YoY) for FY 2024.

Revenue · FY 2024
₹29.92 Cr ▼ 48%
Net loss · FY 2024
₹1.07 Cr margin -3.6%
EBITDA · FY 2024
₹3.28 Cr margin 10.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 9%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 30%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 48% fall in the latest year. EBITDA rose 127% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.07 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.9%
Net Profit Margin-3.6%
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 Hazel Realty Private Limited, buy the company report.

Board of directors of Hazel Realty Private Limited

Hazel Realty has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnamoorthi GovindaraghavanDirector08 Dec 20223 Years 11 MonthsCurrent
Velu RanjithDirector20 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Hazel Realty Private 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 (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Indrajit Properties Private Limited₹29.94 Cr (FY 2025)-34.0%Mumbai, Maharashtra, India
Hazel Realty Private Limitedthis company₹29.92 Cr (FY 2024)-₹1.07 Cr-3.6%-48.0%1Chennai, Tamil Nadu, India
Itpg Developers Private Limited₹29.92 Cr (FY 2025)240.0%Gurgaon, Haryana, India
Ekdant Constructions and Developers Private Limited₹29.91 Cr (FY 2025)-30.0%Thane, Maharashtra, India
MSS Infracon Private Limited₹29.91 Cr (FY 2025)585.0%Ghaziabad, Uttar Pradesh, India

To see the full peer comparison of Hazel Realty Private Limited, buy the company report.

Auditor

Hazel Realty Private Limited is audited by K.S. Rao & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K.S. Rao & CoFY 2023003109S

Shareholding

The shareholding of Hazel Realty 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hazel Realty Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6 Cr
Satisfied charges
₹216.29 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Dec 2022100693592Idbi Trusteeship Services Limited₹6 CrOpen
27 Jul 2022100653532Idbi Trusteeship Services Limited₹5 CrSatisfied
03 Jan 2022100541382Idbi Trusteeship Services Limited₹26.5 CrSatisfied
12 Jul 2019100274038Others₹49.79 CrSatisfied
06 Apr 2018100173529Others₹35 CrSatisfied

To see the full charge records of Hazel Realty Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Hazel Realty Private Limited has 8 deals on record (4 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹134.5 Cr; the latest was in December 2021.

Total deals
8
Debt financings
4
Funding rounds
2
Rights issue
1
Acquisition
1
Disclosed funding
₹134.5 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Dec 2021Debt financing₹37.5 CrInvestors: Trust Capital, 3 individuals
Aug 2017Debt financing₹18.8 CrInvestors: Pragnya Funds
Jun 2017Rights issue₹3.5 CrInvestors: Badrinath Commotrade Private Limited
Oct 2014AcquisitionUndisclosedBuyer: Guna Developers Private Limited
Seller: VGN Projects Estates Private Limited , Pragnya Funds, an individual
Mar 2011Funding round₹30.07 CrInvestors: Pragnya Funds, VGN Projects Estates Private Limited

To see the full deal history of Hazel Realty Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hazel Realty Private Limited was last rated by Brickwork on 09 Apr 2021.

Rating agencyRated onRating
Brickwork09 Apr 2021

To see the full credit ratings and regulatory alerts of Hazel Realty Private Limited, buy the company report.

MSME payment delays

Hazel Realty Private Limited has 2 MSME Form 1 returns on record between 2022 and 2024, listing 5 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Bright Corporate Solutions Private Limited

To see the full MSME payment records of Hazel Realty Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hazel Realty Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-75%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-251
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Hazel Realty Private Limited, buy the company report.

GST

Hazel Realty has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCV1777F1ZDTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Hazel Realty Private Limited, buy the company report.

Recent activity

Hazel Realty Private Limited has 21 board changes on record since 2011: 2 appointments and 19 cessations. The latest: Velu Ranjith ceased to be Additional Director on 29 Sep 2024.

AGM
Hazel Realty Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Velu Ranjith ceased to be Additional Director.
Filing
Hazel Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Velu Ranjith was appointed as Director.
Charges
A charge registered on 27 Jul 2022 via Charge ID 100653532 with Idbi Trusteeship Services Limited was fully satisfied on 28 Nov 2023.
Charges
A charge registered on 03 Jan 2022 via Charge ID 100541382 with Idbi Trusteeship Services Limited was fully satisfied on 28 Nov 2023.
Ceased
Krishnamoorthi Govindaraghavan ceased to be Additional Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 6.00 Cr with Charge ID 100693592 was registered on 26 Dec 2022.
Appointed
Krishnamoorthi Govindaraghavan was appointed as Director.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 5.00 Cr registered on 27 Jul 2022 with Charge ID 100653532 was modified on 26 Aug 2022.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 5.00 Cr with Charge ID 100653532 was registered on 27 Jul 2022.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 26.50 Cr with Charge ID 100541382 was registered on 03 Jan 2022.

28 earlier events are in the company report.

Frequently asked questions

Hazel Realty is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 February 2010 (16+ years old) and is registered under CIN U70102TN2010PTC074458.

Hazel Realty has 2 current directors:

The latest financial statements of Hazel Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Hazel Realty is 33AADCV1777F1ZD, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Hazel Realty is U70102TN2010PTC074458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hazel Realty has 2 court cases on record: 2 filed by the company.

Hazel Realty was incorporated on 02 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Hazel Realty has 8 deals on record (4 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹134.5 Cr; the latest was in December 2021.

The peers of Hazel Realty by revenue are Indrajit Properties Private Limited, Itpg Developers Private Limited, Ekdant Constructions and Developers Private Limited, MSS Infracon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).

Velu Ranjith ceased to be Additional Director on 29 Sep 2024. Velu Ranjith was appointed as Director on 20 Dec 2023. Krishnamoorthi Govindaraghavan ceased to be Additional Director on 29 Sep 2023. Hazel Realty has 21 board changes on record in total.

Yes, Hazel Realty is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0145477).

Hazel Realty has 2 MSME Form 1 returns on record between 2022 and 2024, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2024.