
About Hubtown Limited
Data last updated:
Hubtown Limited is a public 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 16 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1989PLC050688. Its GSTIN is 27AAACA6101D1ZE (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 532799 and NSE: HUBTOWN.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹142.1 Cr. It was formerly known as Akruti City Limited and Akruti Nirman Limited. It is led by directors including Vyomesh Mahipatray Shah (Managing Director) and Hemant Mahipatray Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hubtown Seasons Cts No. 469 – A Opp. Jain Temple R.K.Chemburkar Marg Chembur (East), Mumbai, Maharashtra, India – 400071.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹643.51 Cr, a growth of 57.5% compared to the previous year. For the same year it recorded a net profit of ₹162.23 Cr (net margin 25.2%) and EBITDA of ₹152.71 Cr (EBITDA margin 23.7%). The net worth stands at ₹2,628.24 Cr (up 9.1% YoY). Total assets are valued at ₹3,993.78 Cr (up 20.1% YoY).
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 13 subsidiaries.
The company is associated with 1 brand: Hubtown. As per MCA filings, the company has open charges of ₹3,932.89 Cr and satisfied charges of ₹7,755.98 Cr on record. Court records list 771 cases involving the company, including 325 filed by the company and 447 filed against it; 174 cases are pending. The company has 72 deals on record (67 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹302.4 Cr; the latest was in April 2026. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Dipanshu Promoter and Builder Private Limited with revenue of ₹534.53 Cr. The company has 45 MSME Form 1 returns on record between 2016 and 2024, listing 3,303 overdue payments to 128 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hubtown.co.in.
Company details
Name history
Hubtown has undergone 4 name changes throughout its history. The current legal name is Hubtown Limited.
| Company Name | Status |
|---|---|
| Hubtown Limited | Current |
| Akruti City Limited | Previous |
| Akruti Nirman Limited | Previous |
| Ackruti City Limited | Previous |
| Akruti Nirman Private Limited | Previous |
CIN history
Hubtown has one previous CIN (Corporate Identification Number): U45200MH1989PLC050688. The current CIN is L45200MH1989PLC050688, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH1989PLC050688 | Current |
| U45200MH1989PLC050688 | Previous |
Contact details
Hubtown Limited's registered office is in Mumbai, Maharashtra. Its website is hubtown.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHubtown Seasons Cts No. 469 – A Opp. Jain Temple R.K.Chemburkar Marg Chembur (East), Mumbai, Maharashtra, India – 400071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hubtown 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
Hubtown operates one associated brand: Hubtown. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development services | hubtown.co.in |
Business activity
The main business activity of Hubtown is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hubtown Limited, buy the company report.
Financials of Hubtown Limited
FY 2025-26 filings availableHubtown Limited reported revenue of ₹643.51 Cr (up 57.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 644 | 408 | 258 | 319 | 190 | 266 | 273 |
| Revenue growth | +57.5% | +58.5% | -19.2% | +67.7% | -28.5% | -2.4% | - |
| EBITDA | 153 | 116 | (102) | 73.70 | (59.60) | (67.00) | 75.79 |
| EBITDA margin | +23.7% | +28.5% | -39.6% | +23.1% | -31.3% | -25.2% | +27.8% |
| Profit before tax | 188 | 96.52 | (75.27) | (6.64) | (127) | (130) | (29.07) |
| Net profit | 162 | 41.40 | (42.40) | 45.43 | (132) | (79.60) | 34.42 |
| Net profit margin | +25.2% | +10.1% | -16.5% | +14.2% | -69.2% | -29.9% | +12.6% |
| EPS (₹) | 11.51 | 3.39 | (10.78) | 4.00 | (17.65) | (16.72) | (8.33) |
| Balance sheet | |||||||
| Total assets | 3,994 | 3,326 | 2,408 | 2,357 | 2,162 | 2,273 | 2,318 |
| Net worth | 2,628 | 2,409 | 1,258 | 1,306 | 1,290 | 1,412 | 1,533 |
| Total debt | 1,197 | 792 | 1,041 | 965 | 784 | 760 | 696 |
| Cash & bank | 328 | 190 | 132 | 62.54 | 55.15 | 62.51 | 41.65 |
| Net working capital | 2,799 | 2,475 | 1,483 | 912 | 646 | 709 | 466 |
| Cash flow | |||||||
| Cash from operations | 187 | (580) | 161 | (5.60) | 23.64 | (129) | 67.83 |
| Cash from investing | (520) | (74.58) | (80.85) | 156 | 24.29 | 204 | 12.45 |
| Cash from financing | 390 | 644 | (26.76) | (145) | (58.32) | (57.15) | (86.97) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 160 | 87.59 | 209 | 187 | 96.75 | 92.46 | 98.94 |
| Revenue growth (YoY) | -17.0% | +65.4% | -5.3% | +110.7% | +55.8% | - | - | - |
| Other income | 46.86 | 42.81 | 44.18 | 54.78 | 47.63 | 44.01 | 27.82 | 40.37 |
| EBITDA | 28.41 | 78.48 | 2.15 | 31.31 | 40.77 | 8.45 | 32.89 | 60.53 |
| EBITDA margin | +18.3% | +49.1% | +2.5% | +15.0% | +21.8% | +8.7% | +35.6% | +61.2% |
| Depreciation | 1.09 | 0.88 | 0.81 | 0.75 | 0.66 | 0.65 | 0.64 | 0.65 |
| Interest | 41.78 | 84.83 | 23.41 | 26.85 | 15.57 | 18.82 | 37.27 | 64.55 |
| Profit before tax | 32.40 | 35.58 | 22.11 | 58.49 | 72.17 | 32.99 | 22.80 | 35.70 |
| Tax | 5.78 | 5.54 | (2.22) | 26.80 | (9.85) | 28.81 | 7.00 | 6.54 |
| Net profit | 26.62 | 30.04 | 24.33 | 31.69 | 82.02 | 4.18 | 15.80 | 29.16 |
| EPS (₹) | 1.75 | 1.61 | 1.57 | 1.75 | 5.77 | 0.32 | 1.57 | 1.29 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 352 | 273 | 174 | 219 | 183 | 238 | 255 |
| Revenue growth | +29.1% | +56.4% | -20.4% | +19.8% | -23.1% | -6.9% | - |
| EBITDA | 66.02 | 42.74 | (9.32) | 13.33 | (123) | (147) | 67.98 |
| EBITDA margin | +18.8% | +15.7% | -5.3% | +6.1% | -67.5% | -61.8% | +26.6% |
| Profit before tax | 129 | 118 | 6.43 | (21.09) | (117) | (158) | (38.53) |
| Net profit | 109 | 72.04 | 6.06 | 10.76 | (121) | (113) | (2.59) |
| Net profit margin | +30.8% | +26.4% | +3.5% | +4.9% | -66.3% | -47.6% | -1.0% |
| EPS (₹) | 7.69 | 5.63 | 0.77 | 1.42 | (16.62) | (21.45) | (8.18) |
| Balance sheet | |||||||
| Total assets | 3,277 | 2,918 | 1,963 | 1,969 | 1,886 | 2,047 | 2,195 |
| Net worth | 2,853 | 2,641 | 1,460 | 1,437 | 1,401 | 1,518 | 1,675 |
| Total debt | 411 | 269 | 495 | 511 | 452 | 485 | 487 |
| Cash & bank | 52.23 | 50.47 | 41.37 | 15.53 | 21.58 | 13.01 | 10.98 |
| Net working capital | 1,775 | 1,830 | 929 | 606 | 438 | 550 | 397 |
| Cash flow | |||||||
| Cash from operations | 229 | (535) | (212) | (58.81) | 59.57 | (120) | (1.33) |
| Cash from investing | (394) | (120) | 315 | 128 | 21.48 | 207 | 63.40 |
| Cash from financing | 183 | 657 | (97.97) | (76.65) | (75.75) | (91.47) | (73.93) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.22 | 70.31 | 27.60 | 112 | 142 | 57.96 | 47.95 | 48.42 |
| Revenue growth (YoY) | -85.1% | +21.3% | -42.4% | +131.7% | +19.9% | - | - | - |
| Other income | 39.24 | 31.41 | 41.33 | 50.45 | 34.80 | 42.04 | 27.17 | 39.91 |
| Total expenses | 8.25 | 20.16 | 33.54 | 118 | 114 | 30.20 | 52.22 | 42.91 |
| EBITDA | 12.97 | 50.15 | (5.94) | (5.85) | 27.66 | 27.76 | (4.27) | 5.51 |
| EBITDA margin | +61.1% | +71.3% | -21.5% | -5.2% | +19.5% | +47.9% | -8.9% | +11.4% |
| Depreciation | 0.51 | 0.57 | 0.56 | 0.57 | 0.51 | 0.51 | 0.51 | 0.50 |
| Interest | 28.21 | 59.06 | 14.20 | 14.70 | 4.49 | 10.44 | 1.92 | 15.62 |
| Profit before tax | 23.49 | 21.93 | 20.63 | 29.33 | 57.46 | 58.85 | 20.47 | 29.30 |
| Tax | 5.78 | 5.55 | (2.37) | 26.80 | (9.85) | 28.96 | 7.00 | 6.54 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 160 | 87.59 | 209 | 187 | 96.75 | 92.46 | 98.94 |
| Revenue growth (YoY) | -17.0% | +65.4% | -5.3% | +110.7% | +55.8% | - | - | - |
| Other income | 46.86 | 42.81 | 44.18 | 54.78 | 47.63 | 44.01 | 27.82 | 40.37 |
| EBITDA | 28.41 | 78.48 | 2.15 | 31.31 | 40.77 | 8.45 | 32.89 | 60.53 |
| EBITDA margin | +18.3% | +49.1% | +2.5% | +15.0% | +21.8% | +8.7% | +35.6% | +61.2% |
| Depreciation | 1.09 | 0.88 | 0.81 | 0.75 | 0.66 | 0.65 | 0.64 | 0.65 |
| Interest | 41.78 | 84.83 | 23.41 | 26.85 | 15.57 | 18.82 | 37.27 | 64.55 |
| Profit before tax | 32.40 | 35.58 | 22.11 | 58.49 | 72.17 | 32.99 | 22.80 | 35.70 |
| Tax | 5.78 | 5.54 | (2.22) | 26.80 | (9.85) | 28.81 | 7.00 | 6.54 |
| Net profit | 26.62 | 30.04 | 24.33 | 31.69 | 82.02 | 4.18 | 15.80 | 29.16 |
| EPS (₹) | 1.75 | 1.61 | 1.57 | 1.75 | 5.77 | 0.32 | 1.57 | 1.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 644 | 408 | 258 | 319 | 190 | 266 | 273 |
| Revenue growth | +57.5% | +58.5% | -19.2% | +67.7% | -28.5% | -2.4% | - |
| Other income | 189 | 118 | 104 | 16.91 | 23.91 | 45.98 | 38.45 |
| Total expenses | 491 | 292 | 360 | 245 | 250 | 333 | 197 |
| Employee cost | 39.84 | 25.73 | 17.26 | 17.48 | 15.85 | 9.10 | 24.04 |
| EBITDA | 153 | 116 | (102) | 73.70 | (59.60) | (67.00) | 75.79 |
| EBITDA margin | +23.7% | +28.5% | -39.6% | +23.1% | -31.3% | -25.2% | +27.8% |
| Depreciation | 3.10 | 2.67 | 3.01 | 3.19 | 3.89 | 3.64 | 4.37 |
| Interest | 151 | 135 | 74.48 | 94.06 | 87.36 | 105 | 139 |
| Profit before tax | 188 | 96.52 | (75.27) | (6.64) | (127) | (130) | (29.07) |
| Tax | 20.27 | 41.34 | 0.69 | (32.34) | 3.27 | (0.06) | 17.27 |
| Net profit | 162 | 41.40 | (42.40) | 45.43 | (132) | (79.60) | 34.42 |
| Net profit margin | +25.2% | +10.1% | -16.5% | +14.2% | -69.2% | -29.9% | +12.6% |
| EPS (₹) | 11.51 | 3.39 | (10.78) | 4.00 | (17.65) | (16.72) | (8.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 143 | 136 | 79.94 | 76.77 | 73.13 | 73.09 | 73.07 |
| Reserves & surplus | 633 | 556 | 1,178 | 1,224 | 1,216 | 1,339 | 1,460 |
| Shareholders' funds (net worth) | 2,628 | 2,409 | 1,258 | 1,306 | 1,290 | 1,412 | 1,533 |
| Minority interest | 37.07 | 61.48 | 54.79 | 23.08 | 18.53 | 20.89 | 22.02 |
| Secured loans | 1,102 | 692 | 573 | 664 | 503 | 552 | 501 |
| Unsecured loans | 94.68 | 101 | 468 | 301 | 281 | 208 | 195 |
| Total debt | 1,197 | 792 | 1,041 | 965 | 784 | 760 | 696 |
| Total liabilities | 3,994 | 3,326 | 2,408 | 2,357 | 2,162 | 2,273 | 2,318 |
| Assets | |||||||
| Gross block | 201 | 195 | 200 | 114 | 116 | 114 | 136 |
| Net block | 142 | 135 | 138 | 66.02 | 69.04 | 69.69 | 85.94 |
| Capital work in progress | 16.67 | 16.67 | 16.67 | 16.67 | 16.67 | 16.65 | 16.62 |
| Investments | 81.17 | 97.63 | 107 | 1,124 | 1,231 | 1,253 | 1,517 |
| Inventories | 3,817 | 3,150 | 2,924 | 2,014 | 2,079 | 1,759 | 1,805 |
| Sundry debtors | 269 | 303 | 191 | 202 | 244 | 185 | 89.58 |
| Cash & bank balances | 328 | 190 | 132 | 62.54 | 55.15 | 62.51 | 41.65 |
| Loans & advances | 682 | 923 | 737 | 780 | 808 | 856 | 709 |
| Total current assets | 5,096 | 4,566 | 3,984 | 3,059 | 3,186 | 2,863 | 2,646 |
| Total current liabilities | 2,297 | 2,091 | 2,501 | 2,147 | 2,540 | 2,154 | 2,180 |
| Net working capital | 2,799 | 2,475 | 1,483 | 912 | 646 | 709 | 466 |
| Total assets | 3,994 | 3,326 | 2,408 | 2,357 | 2,162 | 2,273 | 2,318 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 84.49 | 94.67 | 41.61 | 35.95 | 46.35 | 28.98 | 18.38 |
| Net cash from operating activities | 187 | (580) | 161 | (5.60) | 23.64 | (129) | 67.83 |
| Net cash from investing activities | (520) | (74.58) | (80.85) | 156 | 24.29 | 204 | 12.45 |
| Net cash from financing activities | 390 | 644 | (26.76) | (145) | (58.32) | (57.15) | (86.97) |
| Net change in cash | 56.46 | (10.18) | 53.06 | 5.66 | (10.39) | 17.37 | (6.69) |
| Closing cash | 328 | 190 | 132 | 62.54 | 55.15 | 62.51 | 41.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +57.5% | +58.5% | -19.2% | +67.7% | -28.5% | -2.4% | - |
| EBITDA growth | +31.4% | +213.9% | -238.5% | +223.7% | +11.0% | -188.4% | - |
| PBT growth | +95.1% | +9998.0% | -1033.6% | +94.8% | +2.2% | -346.4% | -9277.4% |
| Net income growth | +291.9% | +197.6% | -193.3% | +134.5% | -65.4% | -331.3% | - |
| Revenue CAGR (3Y) | +26.3% | +29.0% | -1.1% | +5.4% | -26.1% | -22.2% | -20.5% |
| EBITDA CAGR (3Y) | +27.5% | - | +15.1% | -0.9% | - | - | -41.0% |
| Profitability & leverage | |||||||
| Net income margin | +26.1% | +13.5% | -29.5% | +8.1% | -68.4% | -48.7% | -17.0% |
| Return on capital employed | +9.4% | +8.2% | +1.8% | +4.6% | -1.8% | +0.8% | +7.6% |
| Return on net worth | +6.7% | +3.0% | -2.5% | +3.1% | -9.6% | -6.0% | +3.1% |
| Debt / equity | 0.39 | 0.50 | 0.78 | 0.67 | 0.57 | 0.49 | 0.50 |
| Long-term debt / equity | 0.28 | 0.24 | 0.15 | 0.10 | 0.18 | 0.17 | 0.15 |
| Interest cover | 100.70 | 118.81 | -70.87 | 133.40 | -137.60 | -148.78 | 194.54 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.25 | 2.07 | 1.64 | 2.77 | 1.65 | 2.12 | 2.08 |
| Inventory turnover | 0.18 | 0.13 | 0.10 | 0.16 | 0.10 | 0.15 | 0.17 |
| Debtors turnover | 2.25 | 1.66 | 1.31 | 1.43 | 0.89 | 1.94 | 1.35 |
| EPS (₹) | 11.51 | 3.39 | (10.78) | 4.00 | (17.65) | (16.72) | (8.33) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 54.52 | 50.98 | 157.38 | 170.33 | 177.24 | 194.10 | 210.66 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.22 | 70.31 | 27.60 | 112 | 142 | 57.96 | 47.95 | 48.42 |
| Revenue growth (YoY) | -85.1% | +21.3% | -42.4% | +131.7% | +19.9% | - | - | - |
| Other income | 39.24 | 31.41 | 41.33 | 50.45 | 34.80 | 42.04 | 27.17 | 39.91 |
| Total expenses | 8.25 | 20.16 | 33.54 | 118 | 114 | 30.20 | 52.22 | 42.91 |
| EBITDA | 12.97 | 50.15 | (5.94) | (5.85) | 27.66 | 27.76 | (4.27) | 5.51 |
| EBITDA margin | +61.1% | +71.3% | -21.5% | -5.2% | +19.5% | +47.9% | -8.9% | +11.4% |
| Depreciation | 0.51 | 0.57 | 0.56 | 0.57 | 0.51 | 0.51 | 0.51 | 0.50 |
| Interest | 28.21 | 59.06 | 14.20 | 14.70 | 4.49 | 10.44 | 1.92 | 15.62 |
| Profit before tax | 23.49 | 21.93 | 20.63 | 29.33 | 57.46 | 58.85 | 20.47 | 29.30 |
| Tax | 5.78 | 5.55 | (2.37) | 26.80 | (9.85) | 28.96 | 7.00 | 6.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 352 | 273 | 174 | 219 | 183 | 238 | 255 |
| Revenue growth | +29.1% | +56.4% | -20.4% | +19.8% | -23.1% | -6.9% | - |
| Other income | 158 | 114 | 62.78 | 15.82 | 64.43 | 52.99 | 36.15 |
| Total expenses | 286 | 230 | 184 | 206 | 306 | 385 | 188 |
| Employee cost | 11.26 | 7.86 | 6.96 | 9.32 | 9.84 | 5.77 | 15.58 |
| EBITDA | 66.02 | 42.74 | (9.32) | 13.33 | (123) | (147) | 67.98 |
| EBITDA margin | +18.8% | +15.7% | -5.3% | +6.1% | -67.5% | -61.8% | +26.6% |
| Depreciation | 2.21 | 2.11 | 2.51 | 2.70 | 3.18 | 2.94 | 3.95 |
| Interest | 92.45 | 37.23 | 44.52 | 47.54 | 54.54 | 60.89 | 139 |
| Profit before tax | 129 | 118 | 6.43 | (21.09) | (117) | (158) | (38.53) |
| Tax | 20.13 | 41.49 | 0.26 | (31.89) | 4.21 | (1.74) | 20.92 |
| Net profit | 109 | 72.04 | 6.06 | 10.76 | (121) | (113) | (2.59) |
| Net profit margin | +30.8% | +26.4% | +3.5% | +4.9% | -66.3% | -47.6% | -1.0% |
| EPS (₹) | 7.69 | 5.63 | 0.77 | 1.42 | (16.62) | (21.45) | (8.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 142 | 136 | 79.94 | 76.34 | 72.74 | 72.74 | 72.74 |
| Reserves & surplus | 2,711 | 2,471 | 1,380 | 1,356 | 1,329 | 1,446 | 1,603 |
| Shareholders' funds (net worth) | 2,853 | 2,641 | 1,460 | 1,437 | 1,401 | 1,518 | 1,675 |
| Secured loans | 383 | 208 | 212 | 233 | 277 | 332 | 344 |
| Unsecured loans | 27.52 | 60.58 | 284 | 278 | 175 | 153 | 143 |
| Total debt | 411 | 269 | 495 | 511 | 452 | 485 | 487 |
| Total liabilities | 3,277 | 2,918 | 1,963 | 1,969 | 1,886 | 2,047 | 2,195 |
| Assets | |||||||
| Gross block | 55.01 | 62.09 | 70.13 | 71.10 | 76.88 | 75.42 | 99.10 |
| Net block | 24.33 | 28.45 | 33.17 | 35.48 | 37.05 | 37.72 | 54.56 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 633 | 526 | 514 | 1,259 | 1,379 | 1,399 | 1,679 |
| Inventories | 1,172 | 1,062 | 1,111 | 1,162 | 1,221 | 1,224 | 1,338 |
| Sundry debtors | 221 | 213 | 178 | 190 | 231 | 190 | 89.31 |
| Cash & bank balances | 52.23 | 50.47 | 41.37 | 15.53 | 21.58 | 13.01 | 10.98 |
| Loans & advances | 1,057 | 1,171 | 759 | 791 | 782 | 845 | 738 |
| Total current assets | 2,502 | 2,497 | 2,090 | 2,158 | 2,255 | 2,272 | 2,176 |
| Total current liabilities | 727 | 666 | 1,161 | 1,553 | 1,817 | 1,722 | 1,779 |
| Net working capital | 1,775 | 1,830 | 929 | 606 | 438 | 550 | 397 |
| Total assets | 3,277 | 2,918 | 1,963 | 1,969 | 1,886 | 2,047 | 2,195 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 27.44 | 24.99 | (13.53) | (6.26) | (11.56) | (6.75) | 5.11 |
| Net cash from operating activities | 229 | (535) | (212) | (58.81) | 59.57 | (120) | (1.33) |
| Net cash from investing activities | (394) | (120) | 315 | 128 | 21.48 | 207 | 63.40 |
| Net cash from financing activities | 183 | 657 | (97.97) | (76.65) | (75.75) | (91.47) | (73.93) |
| Net change in cash | 17.69 | 2.45 | 5.16 | (7.27) | 5.30 | (4.81) | (11.86) |
| Closing cash | 52.23 | 50.47 | 41.37 | 15.53 | 21.58 | 13.01 | 10.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +29.1% | +56.4% | -20.4% | +19.8% | -23.1% | -6.9% | - |
| EBITDA growth | +54.5% | +558.6% | -169.9% | +110.8% | +16.0% | -316.1% | - |
| PBT growth | +9.8% | +1732.0% | +9998.0% | +81.9% | +26.0% | -309.4% | - |
| Net income growth | +50.7% | +1088.8% | -43.7% | +108.9% | -7.0% | -4273.8% | - |
| Revenue CAGR (3Y) | +17.2% | +14.3% | -9.8% | -5.0% | -23.9% | -11.4% | -24.9% |
| EBITDA CAGR (3Y) | +70.5% | - | -60.1% | -41.9% | - | - | -42.1% |
| Profitability & leverage | |||||||
| Net income margin | +31.0% | +28.0% | +3.5% | +4.9% | -66.1% | -65.6% | -23.3% |
| Return on capital employed | +7.2% | +6.4% | +2.6% | +1.3% | -3.1% | -2.5% | +7.7% |
| Return on net worth | +4.0% | +3.7% | +0.4% | +0.8% | -8.3% | -7.1% | -0.2% |
| Debt / equity | 0.12 | 0.19 | 0.35 | 0.38 | 0.36 | 0.30 | 0.33 |
| Long-term debt / equity | 0.03 | 0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 |
| Interest cover | 144.88 | 91.63 | -376.33 | 447.22 | -43.09 | -40.64 | 216.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.02 | 4.13 | 2.47 | 2.96 | 2.40 | 2.72 | 2.72 |
| Inventory turnover | 0.32 | 0.25 | 0.15 | 0.18 | 0.15 | 0.19 | 0.22 |
| Debtors turnover | 1.62 | 1.39 | 0.95 | 1.04 | 0.87 | 1.70 | 1.25 |
| EPS (₹) | 7.69 | 5.63 | 0.77 | 1.42 | (16.62) | (21.45) | (8.18) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 200.80 | 192.25 | 182.59 | 187.59 | 192.67 | 208.73 | 230.34 |
To see the full year-wise statements and ratios of Hubtown Limited, buy the company report.
Board of directors of Hubtown Limited
Hubtown has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Mahipatray Shah | Whole-Time Director | 16 Feb 1989 | 37 Years 8 Months | Current |
| Kartik Ruparel | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Vyomesh Mahipatray Shah Also directs: Twenty Five Downtown Realty Limited | Managing Director | 30 Nov 2006 | 19 Years 11 Months | Current |
| Bhakti Jaywant Kothare Also directs: Lira Advisory Services LLP, Joynest Premises Private Limited, The Instalment Supply Limited and 1 more | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Milin Jagdish Ramani | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Jignesh Hansraj Gala | Director | 29 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Hubtown Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hubtown Limitedthis company | ₹643.51 Cr (FY 2026) | ₹162.23 Cr | 25.2% | 57.5% | 47 | Mumbai, Maharashtra, India |
| Dipanshu Promoter and Builder Private Limited | ₹534.53 Cr (FY 2024) | 56.0% | Ranchi, Jharkhand, India | |||
| Bellissimo Crown Buildmart Private Limited | ₹532.6 Cr (FY 2016) | -48.0% | Mumbai, Maharashtra, India | |||
| E C R Buildtech Private Limited | ₹530.1 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Bhavya Constructions Private Limited | ₹523.98 Cr (FY 2025) | 91.0% | Hyderabad, Telangana, India | |||
| Shanti Construction (Guj) Private Limited | ₹517.93 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Hubtown Limited, buy the company report.
Auditor
Hubtown Limited is audited by JBTM & ASSOCIATES LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JBTM & ASSOCIATES LLP | FY 2025 | W100365 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 33.20%, foreign institutional investors hold 1.50%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 65.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 33.20% | 32.80% | 35.00% | 35.00% |
| Public | 66.80% | 67.20% | 65.00% | 65.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2026 | 101355037 | Axis Bank Limited | ₹71.88 Lakh | Open | |
| 13 Feb 2026 | 101240599 | Others | ₹9.7 Cr | Open | |
| 24 Jun 2025 | 101126620 | Others | ₹72 Lakh | Open | |
| 03 Apr 2024 | 100971815 | Others | ₹296 Cr | Open | |
| 12 Sep 2023 | 101014285 | Others | ₹1,400 Cr | Open |
To see the full charge records of Hubtown Limited, buy the company report.
Total charge records: 98 View all charges
Deals & funding
Hubtown Limited has 72 deals on record (67 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹302.4 Cr; the latest was in April 2026.
Deals on record (5 of 72)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹21.52 Cr | Buyer: an individual Seller: Altius Finserv Private Limited |
| Jun 2025 | Market trade | ₹18.73 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹10.68 Cr | Buyer: Yuga Stocks & Commodities Private Limited Seller: Yuga Stocks & Commodities Private Limited |
| Sep 2022 | Market trade | ₹17.79 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited , Mansi Shares & Stock Advisors Pvt Ltd, an individual Seller: Multiplier Share and Stock Advisors Private Limited , Mansi Shares & Stock Advisors Pvt Ltd, an individual |
| Sep 2022 | Market trade | ₹8.37 Cr | Buyer: Mansi Shares & Stock Advisors Pvt Ltd, Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited , Mansi Shares & Stock Advisors Pvt Ltd |
To see the full deal history of Hubtown Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hubtown Limited has 771 court cases on record: 325 filed by Hubtown, 447 filed against it. 174 cases are pending and 597 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 463 | 264 | 102 |
| District courts | 219 | 137 | 62 |
| Supreme Court | 59 | 18 | 2 |
| NCLAT | 20 | 20 | 7 |
| NCLT | 10 | 8 | 1 |
Cases on record (5 of 771)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2301-Housing and Building-Municipal Laws-Housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning : Housing and Building- matters relating to Municipal Laws, housing and building permits, slums rehabilitation, demolition, encroachment/ removal of encroachment, sealing and urban planning (other than RERA)) | Filed against the company by individuals | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against City Elevators Private Limited and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by GVFL Trustee Company Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Sharma Realty Private Limited and 1 other | Pending |
| High Court | Court case (APP) | Filed by the company against City Elevators Private Limited and 8 others | Pending |
To see the full case history of Hubtown 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
Hubtown Limited has 45 MSME Form 1 returns on record between 2016 and 2024, listing 3,303 overdue payments to 128 micro and small suppliers. 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 (5 of 128)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sara Security & Facility Service Private Limited | |||
| an individual supplier | |||
| Olive Advanced Security Integrated Solutions Private Limited | |||
| Honest Security Service | |||
| Sashakt Security Services Private Limited |
To see the full MSME payment records of Hubtown Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hubtown has 13 subsidiary companies and 9 associated 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 |
|---|---|---|
| Vishal Techno Commerce Limited | U45200MH1986PLC041348 | |
| Vama Housing Limited | U45200MH1995PLC085167 | |
| Vega Developers Private Limited | U45200MH2006PTC159794 | |
| Yantti Buildcon Private Limited | U45201KA2009PTC052006 | |
| Joynest Premises Private Limited | U45202MH2008PTC183715 | |
| Vinca Developer Private Limited | U45202MH2008PTC185408 |
To see the full group structure of Hubtown Limited, buy the company report.
Employees & EPFO
Hubtown Limited has a workforce of 47 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Hubtown has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA6101D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hubtown Limited, buy the company report.
Recent activity
Hubtown Limited has 43 board changes on record since 1989: 25 appointments and 18 cessations. The latest: Shivil Kapoor was appointed as Company Secretary on 18 Mar 2025.
252 earlier events are in the company report.
News
Frequently asked questions
Hubtown is an active public 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 16 February 1989 (37+ years old) and is registered under CIN L45200MH1989PLC050688. Listed on BSE: 532799 and NSE: HUBTOWN.
Hubtown reported revenue of ₹643.51 Cr for FY 2025-26 (up 57.5% YoY) based on consolidated financials.
Hubtown has 6 current directors:
- Vyomesh Mahipatray Shah - Managing Director
- Hemant Mahipatray Shah - Whole-Time Director
- Kartik Ruparel - Director
- Bhakti Jaywant Kothare - Director
- Milin Jagdish Ramani - Director
- Jignesh Hansraj Gala - Director
The latest financial statements of Hubtown on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hubtown is 27AAACA6101D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hubtown is L45200MH1989PLC050688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Hubtown is a listed company as per MCA records. Its shares are listed on both BSE (code: 532799) and NSE (symbol: HUBTOWN).
Hubtown has 771 court cases on record: 325 filed by the company and 447 filed against it. 174 are pending. Most are in the high courts.
Hubtown was incorporated on 16 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Hubtown has 72 deals on record (67 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹302.4 Cr; the latest was in April 2026.
The peers of Hubtown by revenue are Dipanshu Promoter and Builder Private Limited, Bellissimo Crown Buildmart Private Limited, E C R Buildtech Private Limited, Bhavya Constructions Private Limited, Shanti Construction (Guj) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Shivil Kapoor was appointed as Company Secretary on 18 Mar 2025. Sunil Chandrakant Shah ceased to be Director on 16 Oct 2023. Jignesh Hansraj Gala was appointed as Director on 29 May 2023. Hubtown has 43 board changes on record in total.

