About India Homes Limited
Data last updated:
India Homes Limited is a public limited company based in Khopoli, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24310MH1987PLC043186. The company has 1 GST registration on record, which is no longer active. Its shares are listed on BSE: 513361.
The company has an authorised share capital of ₹120.5 Cr and a paid-up capital of ₹103.99 Cr. It was formerly known as Isibars Limited and Isibars Private Limited. It is led by directors including Varun Sudhir Gupta (Managing Director) and Sudhir Harbanslal Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at India Steel Works Complex Zenith Compound, Khopoli, Maharashtra, India – 410203.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹24.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.65 Cr (net margin 76.1%) and EBITDA of ₹20.21 Cr (EBITDA margin 82.5%). The net worth stands at ₹45.01 Cr (up 70.7% YoY). Total assets are valued at ₹142.74 Cr (up 5.7% YoY).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: India Steel. As per MCA filings, the company has open charges of ₹42 Cr and satisfied charges of ₹372.04 Cr on record. Court records list 262 cases involving the company, including 43 filed by the company and 210 filed against it; 56 cases are pending. The company has 58 deals on record (44 market trades, 11 funding rounds, 3 secondary share transfers), with disclosed funding of ₹213.85 Cr; the latest was in September 2026. Its 10 peer companies in the Metals and Minerals industry (Chemical Retail and Distribution, Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Aricent Steel Private Limited with revenue of ₹1.13 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 15 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 indiasteel.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIndia Steel Works Complex Zenith Compound, Khopoli, Maharashtra, India – 410203
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of India Homes Limited
The main business activity of India Homes is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of India Homes Limited FY 2025-26 filings available
India Homes Limited reported revenue of ₹24.5 Cr (up 244900% YoY) for FY 2025-26.
Financial Highlights
FY 2022-23 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 4.71 | 23.81 | 144 | 140 | 532 |
| Revenue growth | -80.2% | -83.5% | +3.1% | -73.8% | - |
| EBITDA | (47.59) | (143) | (35.62) | (36.54) | (6.99) |
| EBITDA margin | -1010.4% | -599.0% | -24.8% | -26.2% | -1.3% |
| Profit before tax | (35.91) | (50.67) | (19.82) | (19.69) | (5.41) |
| Net profit | (33.77) | (67.82) | (17.05) | (19.63) | (5.63) |
| Net profit margin | -717.0% | -284.8% | -11.9% | -14.1% | -1.1% |
| EPS (₹) | (0.90) | (1.27) | (0.50) | (0.49) | (0.14) |
| Balance sheet | |||||
| Total assets | 128 | 158 | 429 | 467 | 377 |
| Net worth | 48.53 | 85.62 | 135 | 154 | 220 |
| Total debt | 70.93 | 63.59 | 125 | 110 | 46.86 |
| Cash & bank | 0.45 | 0.48 | 1.00 | 1.83 | 2.35 |
| Net working capital | (121) | (100) | 149 | (16.76) | (13.91) |
| Cash flow | |||||
| Cash from operations | (1.04) | (3.89) | (40.02) | (42.34) | (3.70) |
| Cash from investing | 0.07 | (0.03) | 1.06 | 0.20 | (4.89) |
| Cash from financing | 1.02 | 3.39 | 39.18 | 41.95 | 8.92 |
| Particulars | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.82 | 1.23 | 0.60 | 1.54 | 1.34 | 6.66 | 9.10 |
| Revenue growth (YoY) | -100.0% | -38.8% | -81.5% | -93.4% | -70.9% | - | - | - |
| Other income | 0.36 | 0.37 | 1.31 | 0.06 | 0.06 | 0.46 | 19.40 | 2.83 |
| EBITDA | (1.89) | (1.53) | (8.10) | (3.56) | (5.43) | (5.03) | (52.06) | (2.78) |
| EBITDA margin | - | -186.6% | -658.5% | -593.3% | -352.6% | -375.4% | -781.7% | -30.5% |
| Depreciation | 1.87 | 1.85 | 1.84 | 1.89 | 1.87 | 1.87 | 1.86 | 1.90 |
| Interest | 2.62 | 2.45 | 1.89 | 2.16 | 2.19 | 1.98 | 0.59 | 2.28 |
| Profit before tax | (6.02) | (5.46) | (10.52) | (7.55) | (9.43) | (8.42) | (35.11) | (4.13) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (6.02) | (5.46) | (10.52) | (7.55) | (9.43) | (8.42) | (35.11) | (4.13) |
| EPS (₹) | (0.15) | (0.14) | (0.26) | (0.19) | (0.24) | (0.21) | (0.88) | (0.10) |
| 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 | 24.50 | 0.01 | 0.82 | 4.71 | 23.81 | 144 | 140 |
| Revenue growth | - | -98.8% | -82.6% | -80.2% | -83.5% | +3.1% | - |
| EBITDA | 20.21 | (7.57) | (6.33) | (47.63) | (143) | (35.60) | (36.52) |
| EBITDA margin | +82.5% | - | -772.0% | -1011.3% | -599.0% | -24.8% | -26.2% |
| Profit before tax | 18.65 | (13.41) | (11.62) | (35.95) | (50.66) | (19.80) | (19.67) |
| Net profit | 18.65 | (15.67) | (17.44) | (33.76) | (67.81) | (17.03) | (19.61) |
| Net profit margin | +76.1% | - | -2126.8% | -716.8% | -284.8% | -11.8% | -14.1% |
| EPS (₹) | 0.47 | (0.34) | (0.29) | (0.90) | (1.27) | (0.50) | (0.49) |
| Balance sheet | |||||||
| Total assets | 143 | 135 | 139 | 124 | 158 | 429 | 467 |
| Net worth | 45.01 | 26.37 | 39.75 | 48.55 | 85.67 | 135 | 155 |
| Total debt | 91.38 | 102 | 93.05 | 67.43 | 63.59 | 125 | 110 |
| Cash & bank | 0.90 | 0.47 | 0.45 | 0.44 | 0.46 | 0.98 | 1.82 |
| Net working capital | (94.96) | (99.40) | (107) | (125) | (100) | 149 | (16.77) |
| Cash flow | |||||||
| Cash from operations | 12.91 | (6.27) | (21.91) | (1.04) | (3.89) | (40.02) | (42.36) |
| Cash from investing | (0.01) | (0.01) | (0.01) | 0.07 | (0.03) | 1.06 | 0.20 |
| Cash from financing | (12.47) | 6.29 | 21.92 | 1.02 | 3.39 | 39.18 | 41.95 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 24.48 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | 0.00 |
| Revenue growth (YoY) | -100.0% | - | - | - | - | - | - | - |
| Other income | 6.88 | 1.48 | 1.43 | 0.12 | 0.12 | 0.33 | 0.12 | 2.86 |
| Total expenses | 1.62 | 1.29 | 0.72 | 1.30 | 0.99 | 1.11 | 1.26 | 2.44 |
| EBITDA | (1.62) | 23.19 | (0.72) | (1.30) | (0.97) | (1.10) | (1.26) | (2.44) |
| EBITDA margin | - | +94.7% | - | - | -4850.0% | - | - | - |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 1.71 | 1.72 | 1.72 |
| Interest | 1.79 | 1.80 | 0.25 | 1.94 | 0.59 | 0.82 | 0.57 | 0.94 |
| Profit before tax | 3.44 | 22.84 | 0.43 | (3.15) | (1.47) | (3.30) | (3.43) | (2.24) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.82 | 1.23 | 0.60 | 1.54 | 1.34 | 6.66 | 9.10 |
| Revenue growth (YoY) | -100.0% | -38.8% | -81.5% | -93.4% | -70.9% | - | - | - |
| Other income | 0.36 | 0.37 | 1.31 | 0.06 | 0.06 | 0.46 | 19.40 | 2.83 |
| EBITDA | (1.89) | (1.53) | (8.10) | (3.56) | (5.43) | (5.03) | (52.06) | (2.78) |
| EBITDA margin | - | -186.6% | -658.5% | -593.3% | -352.6% | -375.4% | -781.7% | -30.5% |
| Depreciation | 1.87 | 1.85 | 1.84 | 1.89 | 1.87 | 1.87 | 1.86 | 1.90 |
| Interest | 2.62 | 2.45 | 1.89 | 2.16 | 2.19 | 1.98 | 0.59 | 2.28 |
| Profit before tax | (6.02) | (5.46) | (10.52) | (7.55) | (9.43) | (8.42) | (35.11) | (4.13) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (6.02) | (5.46) | (10.52) | (7.55) | (9.43) | (8.42) | (35.11) | (4.13) |
| EPS (₹) | (0.15) | (0.14) | (0.26) | (0.19) | (0.24) | (0.21) | (0.88) | (0.10) |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Revenue | 4.71 | 23.81 | 144 | 140 | 532 |
| Revenue growth | -80.2% | -83.5% | +3.1% | -73.8% | - |
| Other income | 27.38 | 107 | 32.40 | 37.10 | 25.78 |
| Total expenses | 52.30 | 166 | 179 | 176 | 539 |
| Employee cost | 4.32 | 4.41 | 5.38 | 15.04 | 17.96 |
| EBITDA | (47.59) | (143) | (35.62) | (36.54) | (6.99) |
| EBITDA margin | -1010.4% | -599.0% | -24.8% | -26.2% | -1.3% |
| Depreciation | 7.48 | 7.55 | 7.60 | 10.61 | 10.90 |
| Interest | 8.22 | 7.90 | 9.00 | 9.64 | 13.30 |
| Profit before tax | (35.91) | (50.67) | (19.82) | (19.69) | (5.41) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) |
| Net profit | (33.77) | (67.82) | (17.05) | (19.63) | (5.63) |
| Net profit margin | -717.0% | -284.8% | -11.9% | -14.1% | -1.1% |
| EPS (₹) | (0.90) | (1.27) | (0.50) | (0.49) | (0.14) |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 39.81 | 39.81 | 39.81 | 39.81 | 85.96 |
| Reserves & surplus | 8.72 | 45.81 | 95.45 | 115 | 134 |
| Shareholders' funds (net worth) | 48.53 | 85.62 | 135 | 154 | 220 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 45.24 | 38.82 | 34.22 | 33.65 | 26.81 |
| Unsecured loans | 25.69 | 24.77 | 91.24 | 76.04 | 20.05 |
| Total debt | 70.93 | 63.59 | 125 | 110 | 46.86 |
| Total liabilities | 128 | 158 | 429 | 467 | 377 |
| Assets | |||||
| Gross block | 287 | 287 | 287 | 287 | 287 |
| Net block | 216 | 224 | 231 | 239 | 249 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.24 | 0.24 |
| Investments | 0.01 | 0.01 | 2.13 | 2.13 | 2.13 |
| Inventories | 136 | 170 | 238 | 65.47 | 151 |
| Sundry debtors | 0.23 | 0.27 | 10.30 | 13.24 | 38.00 |
| Cash & bank balances | 0.45 | 0.48 | 1.00 | 1.83 | 2.35 |
| Loans & advances | 26.93 | 8.71 | 5.22 | 12.64 | 12.06 |
| Total current assets | 164 | 180 | 255 | 93.18 | 203 |
| Total current liabilities | 285 | 280 | 105 | 110 | 217 |
| Net working capital | (121) | (100) | 149 | (16.76) | (13.91) |
| Total assets | 128 | 158 | 429 | 467 | 377 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.69 | 0.48 | 0.67 | 0.35 |
| Net cash from operating activities | (1.04) | (3.89) | (40.02) | (42.34) | (3.70) |
| Net cash from investing activities | 0.07 | (0.03) | 1.06 | 0.20 | (4.89) |
| Net cash from financing activities | 1.02 | 3.39 | 39.18 | 41.95 | 8.92 |
| Net change in cash | 0.04 | (0.53) | 0.22 | (0.19) | 0.32 |
| Closing cash | 0.45 | 0.48 | 1.00 | 1.83 | 2.35 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -80.2% | -83.5% | +3.1% | -73.8% | - |
| EBITDA growth | +66.6% | -300.4% | +2.5% | -422.8% | - |
| PBT growth | +29.1% | -155.7% | -0.7% | -264.0% | +9997.0% |
| Net income growth | +50.2% | -297.8% | +13.1% | -248.7% | - |
| Revenue CAGR (3Y) | -67.7% | -64.5% | - | - | - |
| EBITDA CAGR (3Y) | +9.2% | +173.3% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -762.4% | -212.8% | -13.8% | -14.1% | -1.0% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 1.00 | 0.86 | 0.81 | 0.42 | 0.21 |
| Long-term debt / equity | 0.28 | 0.18 | 0.11 | 0.05 | 0.02 |
| Interest cover | -14.93 | -5.26 | -20.82 | -20.45 | -74.34 |
| Efficiency & per share | |||||
| Fixed asset turnover | 0.02 | 0.08 | 0.50 | 0.49 | 1.85 |
| Inventory turnover | 0.03 | 0.12 | 0.95 | 1.29 | 3.52 |
| Debtors turnover | 18.84 | 4.51 | 12.22 | 5.45 | 13.99 |
| EPS (₹) | (0.90) | (1.27) | (0.50) | (0.49) | (0.14) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.22 | 2.15 | 3.40 | 3.88 | 4.37 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 24.48 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | 0.00 |
| Revenue growth (YoY) | -100.0% | - | - | - | - | - | - | - |
| Other income | 6.88 | 1.48 | 1.43 | 0.12 | 0.12 | 0.33 | 0.12 | 2.86 |
| Total expenses | 1.62 | 1.29 | 0.72 | 1.30 | 0.99 | 1.11 | 1.26 | 2.44 |
| EBITDA | (1.62) | 23.19 | (0.72) | (1.30) | (0.97) | (1.10) | (1.26) | (2.44) |
| EBITDA margin | - | +94.7% | - | - | -4850.0% | - | - | - |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 1.71 | 1.72 | 1.72 |
| Interest | 1.79 | 1.80 | 0.25 | 1.94 | 0.59 | 0.82 | 0.57 | 0.94 |
| Profit before tax | 3.44 | 22.84 | 0.43 | (3.15) | (1.47) | (3.30) | (3.43) | (2.24) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 24.50 | 0.01 | 0.82 | 4.71 | 23.81 | 144 | 140 |
| Revenue growth | - | -98.8% | -82.6% | -80.2% | -83.5% | +3.1% | - |
| Other income | 3.14 | 5.24 | 12.44 | 27.38 | 107 | 32.40 | 37.10 |
| Total expenses | 4.29 | 7.58 | 7.15 | 52.34 | 166 | 179 | 176 |
| Employee cost | 0.58 | 0.44 | 0.73 | 4.32 | 4.41 | 5.38 | 15.21 |
| EBITDA | 20.21 | (7.57) | (6.33) | (47.63) | (143) | (35.60) | (36.52) |
| EBITDA margin | +82.5% | - | -772.0% | -1011.3% | -599.0% | -24.8% | -26.2% |
| Depreciation | 0.12 | 6.88 | 7.58 | 7.48 | 7.55 | 7.60 | 10.61 |
| Interest | 4.58 | 4.20 | 10.15 | 8.22 | 7.90 | 9.00 | 9.64 |
| Profit before tax | 18.65 | (13.41) | (11.62) | (35.95) | (50.66) | (19.80) | (19.67) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 18.65 | (15.67) | (17.44) | (33.76) | (67.81) | (17.03) | (19.61) |
| Net profit margin | +76.1% | - | -2126.8% | -716.8% | -284.8% | -11.8% | -14.1% |
| EPS (₹) | 0.47 | (0.34) | (0.29) | (0.90) | (1.27) | (0.50) | (0.49) |
| 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 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 |
| Reserves & surplus | 5.20 | (13.44) | (0.06) | 8.74 | 45.86 | 95.49 | 115 |
| Shareholders' funds (net worth) | 45.01 | 26.37 | 39.75 | 48.55 | 85.67 | 135 | 155 |
| Secured loans | 32.37 | 48.53 | 57.12 | 45.24 | 38.82 | 34.22 | 33.65 |
| Unsecured loans | 59.01 | 53.89 | 35.93 | 22.19 | 24.77 | 91.24 | 76.04 |
| Total debt | 91.38 | 102 | 93.05 | 67.43 | 63.59 | 125 | 110 |
| Total liabilities | 143 | 135 | 139 | 124 | 158 | 429 | 467 |
| Assets | |||||||
| Gross block | 287 | 287 | 287 | 287 | 287 | 287 | 287 |
| Net block | 202 | 202 | 209 | 216 | 224 | 231 | 239 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 2.18 | 2.18 |
| Inventories | 139 | 135 | 135 | 136 | 170 | 238 | 65.47 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.23 | 0.27 | 10.30 | 13.24 |
| Cash & bank balances | 0.90 | 0.47 | 0.45 | 0.44 | 0.46 | 0.98 | 1.82 |
| Loans & advances | 19.90 | 21.66 | 20.15 | 20.82 | 8.71 | 5.21 | 12.67 |
| Total current assets | 159 | 157 | 156 | 158 | 180 | 254 | 93.20 |
| Total current liabilities | 254 | 257 | 263 | 282 | 280 | 105 | 110 |
| Net working capital | (94.96) | (99.40) | (107) | (125) | (100) | 149 | (16.77) |
| Total assets | 143 | 135 | 139 | 124 | 158 | 429 | 467 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.20 | 0.19 | 0.19 | 0.15 | 0.68 | 0.46 | 0.67 |
| Net cash from operating activities | 12.91 | (6.27) | (21.91) | (1.04) | (3.89) | (40.02) | (42.36) |
| Net cash from investing activities | (0.01) | (0.01) | (0.01) | 0.07 | (0.03) | 1.06 | 0.20 |
| Net cash from financing activities | (12.47) | 6.29 | 21.92 | 1.02 | 3.39 | 39.18 | 41.95 |
| Net change in cash | 0.43 | 0.01 | 0.00 | 0.04 | (0.53) | 0.22 | (0.20) |
| Closing cash | 0.90 | 0.47 | 0.45 | 0.44 | 0.46 | 0.98 | 1.82 |
| 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 | - | -98.8% | -82.6% | -80.2% | -83.5% | +3.1% | - |
| EBITDA growth | +367.0% | -19.6% | +86.7% | +66.6% | -300.6% | +2.5% | - |
| PBT growth | +9998.0% | -15.4% | +67.7% | +29.0% | -155.9% | -0.7% | -264.3% |
| Net income growth | +219.0% | +10.2% | +48.3% | +50.2% | -298.2% | +13.2% | - |
| Revenue CAGR (3Y) | +73.3% | -92.5% | -82.1% | -67.7% | -64.5% | -46.7% | -49.5% |
| EBITDA CAGR (3Y) | - | -62.4% | -43.8% | +9.3% | +173.4% | +472.2% | - |
| Profitability & leverage | |||||||
| Net income margin | +76.1% | - | -1417.1% | -763.3% | -212.8% | -13.8% | -14.1% |
| Return on capital employed | +8.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +11.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 2.71 | 2.96 | 1.82 | 0.98 | 0.86 | 0.81 | 0.42 |
| Long-term debt / equity | 1.40 | 1.16 | 0.51 | 0.26 | 0.18 | 0.11 | 0.05 |
| Interest cover | 22.80 | -29.07 | -72.97 | -14.92 | -5.26 | -20.83 | -20.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.09 | 0.00 | 0.00 | 0.02 | 0.08 | 0.50 | 0.49 |
| Inventory turnover | 0.18 | 0.00 | 0.01 | 0.03 | 0.12 | 0.95 | 1.29 |
| Debtors turnover | 0.00 | 0.00 | 7.13 | 18.84 | 4.51 | 12.22 | 5.45 |
| EPS (₹) | 0.47 | (0.34) | (0.29) | (0.90) | (1.27) | (0.50) | (0.49) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.13 | 0.66 | 1.00 | 1.22 | 2.15 | 3.40 | 3.88 |
Peer Comparison of India Homes Limited
India Homes Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| India Homes Limited this company | ₹24.5 Cr (FY 2026) | •••• | •••• | 244900.0% | •••• | Khopoli, Maharashtra, India |
| Aricent Steel Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Vadodara, Gujarat, India |
| Asa Portfolio Private Limited | ₹1.13 Cr (FY 2017) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Shree Tribhuvan Ispat Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | -97.0% | •••• | Uttar Pradesh, India |
| Ckam Alloys Private Limited | ₹1.13 Cr (FY 2021) | •••• | •••• | 9710.0% | •••• | Raniganj, West Bengal, India |
| Ekital Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Medicrux Healthcare Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Khopoli, Maharashtra, India |
| Prestige Trades and Agencies Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 2440.0% | •••• | Mumbai, Maharashtra, India |
| Kanta Smelters Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 3242.0% | •••• | Hyderabad, Telangana, India |
| Lubes Energy Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| SMS Multitech India Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below India Homes by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of India Homes Limited
India Homes Limited is audited by Laxmikant Kabra & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Laxmikant Kabra & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of India Homes Limited
India Homes has 8 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Harbanslal Gupta | Whole-Time Director | 01 Sep 2013 | 13 Years 1 Months | Current |
| Varun Sudhir Gupta Also directs: Gupta Redevelopers LLP, Watertight Developers Private Limited, India Steel International Private Limited and 4 more | Managing Director | 17 Dec 2009 | 16 Years 10 Months | Current |
| Shivanand Shesherao Bhalerao Also directs: Mission Udyojak Foundation | Director | 20 Sep 2022 | 4 Years 0 Months | Current |
| Priyanka Varun Gupta | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Santosh Pandharinath Bhosale | Director | 20 Sep 2022 | 4 Years 0 Months | Current |
| Siddharth Sudhir Gupta Also directs: Gupta Redevelopers LLP, Yeotmal Land Development and Trading Co Private Limited, Level Constructions Private Limited and 5 more | Whole-Time Director | 22 Nov 2024 | 1 Years 10 Months | Current |
Shareholding Pattern of India Homes Limited
Shareholding for the quarter ended Sep 2026: promoters hold 34.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 4.90% and retail and other public shareholders hold 60.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 34.20% | 35.40% | 36.00% | 36.30% |
| Public | 65.80% | 64.60% | 64.00% | 63.70% |
Charges & Borrowings of India Homes Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2014 | Others | ₹22 Cr | Open |
| 10 May 2014 | Others | ₹20 Cr | Open |
| 03 Sep 2012 | Others | ₹14.8 Cr | Satisfied |
| 30 Mar 2000 | Icici Bank Limited | ₹29.9 Cr | Satisfied |
| 01 Mar 1999 | Industrial Development Bank of India | ₹7.5 Cr | Satisfied |
Total charge records: 22 View all charges
Deals & Funding of India Homes Limited
India Homes Limited has 58 deals on record (44 market trades, 11 funding rounds, 3 secondary share transfers), with disclosed funding of ₹213.85 Cr; the latest was in September 2026.
Deals on record (5 of 58)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹8.03 Cr | Buyer: Aeon Trading LLP Seller: Lloyds Enterprises Limited |
| Jul 2026 | Market trade | ₹8.15 Cr | Buyer: Hill Top Impex Private Limited |
| Jun 2026 | Market trade | ₹5.2 Cr | Buyer: Hill Top Impex Private Limited |
| May 2026 | Market trade | ₹9.13 Cr | Buyer: Aryan Mining & Trading Corpn Private Limited , Dover Commercials Private Limited Seller: Sharbhang Commercial Company Private Limited . |
| Feb 2026 | Market trade | ₹9.98 Cr | Buyer: Lloyds Enterprises Limited Seller: M K Banka (Huf) |
Full deal history
All 58 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of India Homes Limited
India Homes Limited has 262 court cases on record: 43 filed by India Homes, 210 filed against it, 9 where it is another party. 56 cases are pending and 206 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 168 | 151 | 35 |
| High courts | 86 | 52 | 15 |
| NCLAT | 7 | 7 | 5 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 262)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Inox Air Products Private Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Shriji Car Rentals Private Limited | Pending |
Full case history
All 262 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by India Homes Limited
India Homes Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Great Eastern Idtech Private Limited | •••• | •••• | •••• |
| Dristi Technologies and IT Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Star Lifting and Securing Private Limited | •••• | •••• | •••• |
| SRC Chemicals Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with India Homes Limited
India Homes operates one associated brand: India Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured by India Steel in Mumbai, India. | indiasteel.in |
Employees and EPFO Compliance at India Homes Limited
India Homes Limited has a workforce of 1 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of India Homes Limited
India Homes has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ndinox Steels Private Limited | U27200MH2018PTC310835 | - |
Showing major subsidiaries. Total: 1.
Name History of India Homes Limited
India Homes has undergone 4 name changes throughout its history. The current legal name is India Homes Limited.
| Company Name | Status |
|---|---|
| India Homes Limited | Current |
| Isibars Limited | Previous |
| Isibars Private Limited | Previous |
| Khanna & Roy Heavy Engineering Private Limited | Previous |
CIN History of India Homes Limited
India Homes has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24310MH1987PLC043186, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24310MH1987PLC043186 | Current |
| L29100MH1987PLC043186 | Previous |
| U29100MH1987PLC043186 | Previous |
Recent Activity on India Homes Limited
India Homes Limited has 57 board changes on record since 1990: 33 appointments and 24 cessations. The latest: Rajesh Govind Pote was appointed as Director on 22 Nov 2024.
110 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for India Homes Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of India Homes Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of India Homes Limited
India Homes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of India Homes Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about India Homes Limited
Frequently Asked Questions about India Homes Limited
India Homes is an active public limited company based in Khopoli, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 April 1987 (39+ years old) and is registered under CIN L24310MH1987PLC043186. Listed on BSE: 513361.
India Homes reported revenue of ₹24.5 Cr for FY 2025-26 (up 244900% YoY) based on standalone financials.
India Homes has 8 current directors:
- Varun Sudhir Gupta - Managing Director
- Sudhir Harbanslal Gupta - Whole-Time Director
- Siddharth Sudhir Gupta - Whole-Time Director
- Shivanand Shesherao Bhalerao - Director
- Priyanka Varun Gupta - Director
- Santosh Pandharinath Bhosale - Director
- Rajesh Govind Pote - Director
- Ratna Deep Ranjan - Director
No. India Homes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of India Homes is L24310MH1987PLC043186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. India Homes is listed on BSE with code 513361.
India Homes has 262 court cases on record: 43 filed by the company and 210 filed against it. 56 are pending. Most are in the district courts.
India Homes was incorporated on 15 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
India Homes has 58 deals on record (44 market trades, 11 funding rounds, 3 secondary share transfers), with disclosed funding of ₹213.85 Cr; the latest was in September 2026.
The peers of India Homes by revenue are Aricent Steel Private Limited, Asa Portfolio Private Limited, Shree Tribhuvan Ispat Private Limited, Ckam Alloys Private Limited, Ekital Private Limited and 5 more, all in the Metals and Minerals industry (Chemical Retail and Distribution, Steel).
Rajesh Govind Pote was appointed as Director on 22 Nov 2024. Siddharth Sudhir Gupta was appointed as Whole-Time Director on 22 Nov 2024. Ratna Deep Ranjan was appointed as Director on 11 Dec 2023. India Homes has 57 board changes on record in total.
India Homes has 8 MSME Form 1 returns on record between 2019 and 2023, listing 79 overdue payments to 15 micro and small suppliers. The latest return was filed on 29 Aug 2023.