About Joy Homecreation Limited
Data last updated:
Joy Homecreation 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 29 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2002PLC135679. Its GSTIN is 27AABCJ2480R1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.8 Cr. It was formerly known as Joy Homecreation Private Limited. It is led by directors including Bhavin Jayant Soni and Snehal Dharamshi Jatin.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹33.16 Lakh (net margin 32.6%) and EBITDA of ₹53.27 Lakh (EBITDA margin 52.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47 Cr and satisfied charges of ₹72.23 Cr on record. Court records list 27 cases involving the company, including 8 filed by the company and 19 filed against it; 9 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 m.joydevelopers.com.
Company details
CIN history
Joy Homecreation has one previous CIN (Corporate Identification Number): U45200MH2002PTC135679. The current CIN is U45200MH2002PLC135679, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2002PLC135679 | Current |
| U45200MH2002PTC135679 | Previous |
Contact details
Joy Homecreation Limited's registered office is in Mumbai, Maharashtra. Its website is m.joydevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock 1 Aashiana Plot No. 24 Azadnagar Chs Ltd, N.S. Rd. No. 1 Jvpd Scheme Vile Pale West, Mumbai, Maharashtra, India – 400056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Joy Homecreation 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
Financials of Joy Homecreation Limited
FY 2025 filings availableJoy Homecreation Limited reported revenue of ₹1.02 Cr (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 86% fall in the latest year. EBITDA fell 89% 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 | ₹53.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.16 Lakh | ||||
| 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 | 52.3% | ||||
| Net Profit Margin | 32.6% | ||||
| 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 Joy Homecreation Limited, buy the company report.
Board of directors of Joy Homecreation Limited
Joy Homecreation has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Jayant Soni Also directs: Keyman Realtors Private Limited, Veejoy Homes Private Limited, Blue Nile Housing Projects Private Limited and 5 more | Director | 29 Apr 2006 | 20 Years 6 Months | Current |
| Snehal Dharamshi Jatin Also directs: Thinkstitute LLP | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Rachana Bhavin Soni Also directs: Keyman Realtors Private Limited, Veejoy Homes Private Limited, Blue Nile Housing Projects Private Limited and 5 more | Director | 25 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Joy Homecreation 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 |
|---|---|---|---|---|---|---|
| N K Agarwal Buildcon Private Limited | ₹1.02 Cr (FY 2025) | -78.0% | Ghaziabad, Uttar Pradesh, India | |||
| Venus Engineers (Chennai) Private Limited | ₹1.02 Cr (FY 2018) | 4.0% | Chennai, Tamil Nadu, India | |||
| Puspanjali Realtors Private Limited | ₹1.02 Cr (FY 2024) | -26.0% | Agra, Uttar Pradesh, India | |||
| Joy Homecreation Limitedthis company | ₹1.02 Cr (FY 2025) | ₹33.16 Lakh | 32.6% | -86.0% | 8 | Mumbai, Maharashtra, India |
| Siwal Projects Private Limited | ₹1.02 Cr (FY 2025) | -67.0% | Kolkata, West Bengal, India | |||
| Indian Dwellings Private Limited | ₹1.02 Cr (FY 2025) | 357.0% | Bulandshahr, Uttar Pradesh, India |
To see the full peer comparison of Joy Homecreation Limited, buy the company report.
Auditor
Joy Homecreation Limited is audited by Vora & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vora & Associates | FY 2022 | 111612W |
Shareholding
The shareholding of Joy Homecreation Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Joy Homecreation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2019 | 100310064 | Others | ₹47 Cr | Open | |
| 17 Mar 2017 | 100089345 | Others | ₹45 Cr | Satisfied | |
| 29 Jun 2016 | 100060572 | Others | ₹10.12 Cr | Satisfied | |
| 05 Oct 2015 | 10594282 | Kotak Mahindra Bank Limited | ₹24 Lakh | Satisfied | |
| 31 Mar 2015 | 10559726 | India Infoline Housing Finance Limited | ₹3.58 Cr | Satisfied |
To see the full charge records of Joy Homecreation Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Joy Homecreation Limited has 27 court cases on record: 8 filed by Joy Homecreation, 19 filed against it. 9 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 8 | 4 |
| District courts | 11 | 10 | 5 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by White Hill Constructions Pvt Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by PNB Housing Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Universal Petro-Chemicals Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by White Hill Constructions Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by PNB Housing Finance Ltd. Th. Vinod Pal | Disposed |
To see the full case history of Joy Homecreation 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
Joy Homecreation Limited has 17 MSME Form 1 returns on record between 2018 and 2020, listing 41 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parco Engineers (Mumbai) Private Limited | |||
| Cqra Private Limited | |||
| Desai Haribhakti Consulting Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Joy Homecreation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Joy Homecreation Limited has a workforce of 8 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Joy Homecreation Limited, buy the company report.
GST
Joy Homecreation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ2480R1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Joy Homecreation Limited, buy the company report.
Recent activity
Joy Homecreation Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Rachana Bhavin Soni ceased to be Additional Director on 30 Nov 2021.
21 earlier events are in the company report.
Frequently asked questions
Joy Homecreation 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 29 April 2002 (24+ years old) and is registered under CIN U45200MH2002PLC135679.
Joy Homecreation has 3 current directors:
- Bhavin Jayant Soni - Director
- Snehal Dharamshi Jatin - Director
- Rachana Bhavin Soni - Director
The latest financial statements of Joy Homecreation 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 Joy Homecreation is 27AABCJ2480R1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Joy Homecreation is U45200MH2002PLC135679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Homecreation has 27 court cases on record: 8 filed by the company and 19 filed against it. 9 are pending. Most are in the high courts.
Joy Homecreation was incorporated on 29 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joy Homecreation by revenue are N K Agarwal Buildcon Private Limited, Venus Engineers (Chennai) Private Limited, Puspanjali Realtors Private Limited, Siwal Projects Private Limited, Indian Dwellings Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rachana Bhavin Soni ceased to be Additional Director on 30 Nov 2021. Rachana Bhavin Soni was appointed as Director on 25 May 2021. Jayant Bhavanji Soni ceased to be Director on 20 May 2021. Joy Homecreation has 9 board changes on record in total.
Joy Homecreation has 17 MSME Form 1 returns on record between 2018 and 2020, listing 41 overdue payments to 9 micro and small suppliers. The latest return was filed on 27 Apr 2023.
Joy Homecreation can be reached through the website m.joydevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Joy Homecreation is at Block 1 Aashiana Plot No. 24 Azadnagar Chs Ltd, N.S. Rd. No. 1 Jvpd Scheme Vile Pale West, Mumbai, Maharashtra, India – 400056.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
