About Hrel Real Estate Limited
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Hrel Real Estate Limited is a public limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PLC154004. Its GSTIN is 27AABCH6060P1Z7 (Maharashtra).
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹66.19 Cr. It was formerly known as Hcc Real Estate Limited and Hincon Realty Limited. It is led by directors including Pran Krishna Sar and Binoy Mukherjee.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.29 Lakh (net margin 51.6%) and EBITDA of ₹8.82 Lakh (EBITDA margin 54.9%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹2,762.68 Cr and satisfied charges of ₹390 Cr on record. Court records list 18 cases involving the company, including 7 filed by the company and 11 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hccindia.com.
Company details
Name history
Hrel Real Estate has undergone 2 name changes throughout its history. The company was previously known as Hcc Real Estate Limited, and Hincon Realty Limited. The current legal name is Hrel Real Estate Limited.
| Company Name | Status |
|---|---|
| Hrel Real Estate Limited | Current |
| Hcc Real Estate Limited | Previous |
| Hincon Realty Limited | Previous |
CIN history
Hrel Real Estate has one previous CIN (Corporate Identification Number): U70100MH2005PTC154004. The current CIN is U70100MH2005PLC154004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2005PLC154004 | Current |
| U70100MH2005PTC154004 | Previous |
Contact details
Hrel Real Estate Limited's registered office is in Thane, Maharashtra. Its website is hccindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD2 – 101 The Rutu Estate, Patlipada, Thane, Maharashtra, India – 400607
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hrel Real Estate 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
Business activity
The main business activity of Hrel Real Estate is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Hrel Real Estate Limited, buy the company report.
Financials of Hrel Real Estate Limited
FY 2025 filings availableHrel Real Estate Limited reported revenue of ₹16.08 Lakh (up 5643% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years. EBITDA fell 100% 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 |
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| EBITDA | ₹8.82 Lakh | ||||
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| Net Profit (PAT) | ₹8.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.9% | ||||
| Net Profit Margin | 51.6% | ||||
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To see the full financial statements and ratios of Hrel Real Estate Limited, buy the company report.
Board of directors and KMP of Hrel Real Estate Limited
Hrel Real Estate Limited currently reports 4 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Ajay Bhatia | Additional Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Pran Krishna Sar Also directs: Nashik Township Developers Limited, HCC Aviation Limited, Powai Real Estate Developers Limited and 1 more | Director | 28 May 2024 | 2 Years 5 Months | Current |
| Tanay Kumar Mukherjee Also directs: Nashik Township Developers Limited, HCC Aviation Limited, Powai Real Estate Developers Limited and 1 more | Cfo | 18 Apr 2024 | 2 Years 6 Months | Current |
| Binoy Mukherjee Also directs: Nashik Township Developers Limited, HCC Aviation Limited, Powai Real Estate Developers Limited and 1 more | Director | 28 May 2024 | 2 Years 5 Months | Current |
| Priya Gupta | Additional Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Hrel Real Estate Limited is audited by UBG and Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UBG and Company | FY 2023 | 141076W |
Shareholding
The shareholding of Hrel Real Estate Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hrel Real Estate Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2015 | 10608154 | Others | ₹2,762.68 Cr | Open | |
| 22 Jan 2008 | 10089938 | Housing Development Finance Corporation Limited | ₹390 Cr | Satisfied |
To see the full charge records of Hrel Real Estate Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hrel Real Estate Limited has 18 court cases on record: 7 filed by Hrel Real Estate, 11 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 11 | 5 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Ifci Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Ifci Ltd. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Prinicipal Commissioner of Income Tax 6 Mumbai | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Prinicipal Commissioner of Income Tax 6 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 15 | Pending |
To see the full case history of Hrel Real Estate 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 Hrel Real Estate Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hrel Real Estate has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nashik Township Developers Limited | U45200MH2007PLC167416 | |
| HCC Aviation Limited | U63033MH2008PLC182384 | |
| Powai Real Estate Developers Limited | U70102MH2009PLC189760 | |
| HCC Realty Limited | U70102MH2010PLC200209 |
To see the full group structure of Hrel Real Estate Limited, buy the company report.
Employees & EPFO
Hrel Real Estate Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2025, across 1 active EPFO establishment.
GST
Hrel Real Estate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH6060P1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hrel Real Estate Limited, buy the company report.
Recent activity
Hrel Real Estate Limited has 34 board changes on record since 2007: 6 appointments and 28 cessations. The latest: Vikramsinh Baban Mohite ceased to be Company Secretary on 27 May 2025.
30 earlier events are in the company report.
News
Frequently asked questions
Hrel Real Estate is an active public limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U70100MH2005PLC154004.
Hrel Real Estate has 5 current directors and KMP:
- Shilpa Ajay Bhatia - Additional Director
- Pran Krishna Sar - Director
- Binoy Mukherjee - Director
- Priya Gupta - Additional Director
- Tanay Kumar Mukherjee - Cfo
The latest financial statements of Hrel Real Estate 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 Hrel Real Estate is 27AABCH6060P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hrel Real Estate is U70100MH2005PLC154004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hrel Real Estate has 18 court cases on record: 7 filed by the company and 11 filed against it. 5 are pending. Most are in the high courts.
Hrel Real Estate was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Vikramsinh Baban Mohite ceased to be Company Secretary on 27 May 2025. Priya Gupta was appointed as Additional Director on 28 Mar 2025. Shilpa Ajay Bhatia was appointed as Additional Director on 28 Mar 2025. Hrel Real Estate has 34 board changes on record in total.
Hrel Real Estate can be reached through the website hccindia.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Hrel Real Estate is at D2 – 101 The Rutu Estate, Patlipada, Thane, Maharashtra, India – 400607.
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