About Il&Fs Milestone Realty Advisors Private Limited
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Il&Fs Milestone Realty Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2007PTC172569. The company has 2 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 ₹1 Cr. It was formerly known as Milestone Propgain Realty Advisors Private Limited. It is led by directors including Raj Bhardwaj Narain and Rubi Arya.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Coworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2026, the company reported a revenue of ₹51.03 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹24.45 Lakh (net margin 47.9%) and EBITDA of ₹28.32 Lakh (EBITDA margin 55.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 49% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Milestone Capital.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milestonecapital.in.
Company details
Contact details
Il&Fs Milestone Realty Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is milestonecapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCoworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Il&Fs Milestone Realty Advisors 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
Il&Fs Milestone Realty Advisors operates one associated brand: Milestone Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A real estate fund specializing in structured debt strategies for investors. | milestonecapital.in |
Financials of Il&Fs Milestone Realty Advisors Private Limited
FY 2026 filings availableIl&Fs Milestone Realty Advisors Private Limited reported revenue of ₹51.03 Lakh (down 6% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 49%. EBITDA fell 12% 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 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 | ₹51.03 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.5% | ||||
| Net Profit Margin | 47.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Il&Fs Milestone Realty Advisors Private Limited, buy the company report.
Board of directors of Il&Fs Milestone Realty Advisors Private Limited
Il&Fs Milestone Realty Advisors has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Bhardwaj Narain | Director | 25 Jul 2007 | 19 Years 3 Months | Current |
| Rubi Arya | Director | 29 Sep 2011 | 15 Years 1 Months | Current |
| Swapneel Rajendra Desai Also directs: Ansal Townships Infrastructure Limited | Nominee Director | 01 Aug 2025 | 1 Years 3 Months | Current |
| Kaizad Feroze Mistry Also directs: Lantern Green Fields Private Limited, Periar Spice Fields Private Limited, Periar Trading Companmy Private Limited and 5 more | Director | 29 Sep 2011 | 15 Years 1 Months | Current |
| Lubna Ahmad Usman | Nominee Director | 10 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Il&Fs Milestone Realty Advisors Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zuzu Software Services Private Limited | ₹54.49 Lakh (FY 2023) | 78.0% | Hyderabad, Telangana, India | |||
| Krusch Leasing Private Limited | ₹54.48 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Ujjwal Grameen Vikas Micro Seva Foundation | ₹54.41 Lakh (FY 2023) | Kharkhoda, Haryana, India | ||||
| Bedia Viniyog Pvt Ltd | ₹54.38 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Il&Fs Milestone Realty Advisors Private Limitedthis company | ₹51.03 Lakh (FY 2026) | ₹24.45 Lakh | 47.9% | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Il&Fs Milestone Realty Advisors Private Limited, buy the company report.
Auditor
Il&Fs Milestone Realty Advisors Private Limited is audited by N. M. RAIJI & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. M. RAIJI & CO. | FY 2026 | 108296W |
Shareholding
The shareholding of Il&Fs Milestone Realty Advisors Private Limited 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 Il&Fs Milestone Realty Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Il&Fs Milestone Realty Advisors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Il&Fs Milestone Realty Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Il&Fs Milestone Realty Advisors has 2 joint ventures and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Il&Fs Milestone Realty Advisors has 2 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 Il&Fs Milestone Realty Advisors Private Limited, buy the company report.
Recent activity
Il&Fs Milestone Realty Advisors Private Limited has 16 board changes on record since 2007: 5 appointments and 11 cessations. The latest: Swapneel Rajendra Desai was appointed as Nominee Director on 01 Aug 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Il&Fs Milestone Realty Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 July 2007 (19+ years old) and is registered under CIN U74140MH2007PTC172569.
Il&Fs Milestone Realty Advisors has 5 current directors:
- Raj Bhardwaj Narain - Director
- Rubi Arya - Director
- Swapneel Rajendra Desai - Nominee Director
- Kaizad Feroze Mistry - Director
- Lubna Ahmad Usman - Nominee Director
The latest financial statements of Il&Fs Milestone Realty Advisors on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
No. Il&Fs Milestone Realty Advisors has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Il&Fs Milestone Realty Advisors is U74140MH2007PTC172569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Il&Fs Milestone Realty Advisors was incorporated on 23 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Il&Fs Milestone Realty Advisors by revenue are Zuzu Software Services Private Limited, Krusch Leasing Private Limited, Ujjwal Grameen Vikas Micro Seva Foundation, Bedia Viniyog Pvt Ltd, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Swapneel Rajendra Desai was appointed as Nominee Director on 01 Aug 2025. Kamalesh Sarangi ceased to be Nominee Director on 10 Apr 2025. Lubna Ahmad Usman was appointed as Nominee Director on 10 Feb 2025. Il&Fs Milestone Realty Advisors has 16 board changes on record in total.
Il&Fs Milestone Realty Advisors can be reached through the website milestonecapital.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Il&Fs Milestone Realty Advisors is at Coworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030.
Il&Fs Milestone Realty Advisors operates in the financial services industry, in the diversified financial services segment.
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