- #99 Niranjan Hiranandani ₹33,000 Cr

About Hiranandani Constructions Private Limited
Data last updated:
Hiranandani Constructions Private Limited 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 29 October 1974 and has been in existence for over 52 years.
Its director Niranjan Hiranandani is #99 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1974PTC017872. Its GSTIN is 27AAACH0409H1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Niranjan Lakhumal Hiranandani and Surendra Lakhumal Hiranandani.
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 514 Dalamal Towers211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.74 Cr (net margin 286.9%) and EBITDA of ₹3.76 Cr (EBITDA margin 288.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Hiranandani Fortune City and Hiranandani Group. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹600 Cr on record. Court records list 30 cases involving the company, including 11 filed by the company and 19 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiranandani.com.
Company details
Recognitions & Rankings of Hiranandani Constructions
Contact details
Hiranandani Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its website is hiranandani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address514 Dalamal Towers211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hiranandani Constructions Private 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
Hiranandani Constructions operates two associated brands: Hiranandani Fortune City and Hiranandani Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of townships, residences, and commercial spaces in Navi Mumbai. | hiranandanipanvel.com | |
| Luxury residential apartments, villas, and properties are developed in India. | hiranandani.com |
Business activity
The main business activity of Hiranandani Constructions is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hiranandani Constructions Private Limited, buy the company report.
Financials of Hiranandani Constructions Private Limited
FY 2024 filings availableHiranandani Constructions Private Limited reported revenue of ₹1.3 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 13% fall 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 | ₹3.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 288.7% | ||||
| Net Profit Margin | 286.9% | ||||
| 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 Hiranandani Constructions Private Limited, buy the company report.
Board of directors of Hiranandani Constructions Private Limited
Hiranandani Constructions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Lakhumal Hiranandani Also directs: Sindhudurg Plantations LLP, Deogad Horticulture and Industries LLP, Iresh Agro LLP and 5 more | Director | 29 Oct 1974 | 52 Years 0 Months | Current |
| Surendra Lakhumal Hiranandani Also directs: Eternia Developers LLP, Penrose Constructions LLP, Poseidon Communications LLP and 5 more | Director | 29 Oct 1974 | 52 Years 0 Months | Current |
Auditor
Hiranandani Constructions Private Limited is audited by S.H. Patrawala & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.H. Patrawala & Co | FY 2023 | 115260W |
Shareholding
The shareholding of Hiranandani Constructions 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hiranandani Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2003 | 90188894 | Oriental Bank of Commerce | ₹4 Cr | Open | |
| 20 Nov 1997 | 90188709 | Oriental Bank of Commerce | ₹6 Cr | Open | |
| 26 Apr 1995 | 90184009 | Mashreq Bank P S C | ₹10 Cr | Open | |
| 20 Jul 2012 | 10374983 | Housing Development Finance Corporation Limited | ₹100 Cr | Satisfied | |
| 06 Jun 2009 | 10164431 | Standard Chartered Bank | ₹500 Cr | Satisfied |
To see the full charge records of Hiranandani Constructions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hiranandani Constructions Private Limited has 30 court cases on record: 11 filed by Hiranandani Constructions, 19 filed against it. 5 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 14 | 4 |
| District courts | 7 | 5 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARBP) | Filed against the company by Shoden Developers Private Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Shoden Developers Private Limited | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Man Infraconstruction Limited and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Hiranandani Living Pvt. Ltd. and 2 Ors. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Hiranandani Merchandise Private Limited and 2 Ors | Disposed |
To see the full case history of Hiranandani Constructions Private 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 Hiranandani Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hiranandani Constructions Private Limited has a workforce of 7 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Hiranandani Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH0409H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hiranandani Constructions Private Limited, buy the company report.
Recent activity
Hiranandani Constructions Private Limited has 4 board changes on record since 1974: 2 appointments and 2 cessations. The latest: Prakash Somalal Shah ceased to be Additional Director on 31 Dec 2020.
2 earlier events are in the company report.
News
Frequently asked questions
Hiranandani Constructions 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 29 October 1974 (52+ years old) and is registered under CIN U45200MH1974PTC017872.
Hiranandani Constructions has 2 current directors:
- Niranjan Lakhumal Hiranandani - Director
- Surendra Lakhumal Hiranandani - Director
The latest financial statements of Hiranandani Constructions 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 Hiranandani Constructions is 27AAACH0409H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hiranandani Constructions is U45200MH1974PTC017872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiranandani Constructions has 30 court cases on record: 11 filed by the company and 19 filed against it. 5 are pending. Most are in the high courts.
Hiranandani Constructions was incorporated on 29 October 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
Prakash Somalal Shah ceased to be Additional Director on 31 Dec 2020. Lakhumal Hiranandani ceased to be Director on 05 Sep 2013. Niranjan Lakhumal Hiranandani was appointed as Director on 29 Oct 1974. Hiranandani Constructions has 4 board changes on record in total.
Hiranandani Constructions can be reached through the website hiranandani.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hiranandani Constructions is at 514 Dalamal Towers211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.

