About Housing Development and Infrastructure Limited
Data last updated:
Housing Development and Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 July 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L70100MH1996PLC101379. Its GSTIN is 27AAACH5443F2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 532873 and NSE: HDIL.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹474 Cr. It was formerly known as Housing Development and Improvement India Limited and Housing Development and Improvement India Privatelimited. It is led by directors including Sarang Rakesh Wadhawan (Managing Director) and Rakeshkumar Kuldipsingh Wadhawan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 9 – 01 Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹33.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19 Lakh (net margin -0.6%) and EBITDA of ₹37 Lakh (EBITDA margin 1.1%).
The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Housing Development Infrastructure Limited. As per MCA filings, the company has open charges of ₹5,067.32 Cr and satisfied charges of ₹5,132.82 Cr on record. Court records list 531 cases involving the company, including 66 filed by the company and 467 filed against it; 183 cases are pending. The company has 222 deals on record (218 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹1,703.4 Cr; the latest was in November 2019. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Anshu Priya Construction Private Limited with revenue of ₹2.69 Cr.
The last known website on record is hdil.in.
Name History of Housing Development and Infrastructure Limited
Housing Development and Infrastructure has undergone 3 name changes throughout its history. The company was previously known as Housing Development And Improvement India Limited, Housing Development And Improvement India Privatelimited, and Housing Development And Improvement India Private Limited. The current legal name is Housing Development And Infrastructure Limited.
| Company Name | Status |
|---|---|
| Housing Development and Infrastructure Limited | Current |
| Housing Development And Improvement India Limited | Previous |
| Housing Development And Improvement India Privatelimited | Previous |
| Housing Development And Improvement India Private Limited | Previous |
CIN History of Housing Development and Infrastructure Limited
Housing Development and Infrastructure has one previous CIN (Corporate Identification Number): U70100MH1996PLC101379. The current CIN is L70100MH1996PLC101379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100MH1996PLC101379 | Current |
| U70100MH1996PLC101379 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9 – 01 Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Associated Brands with Housing Development and Infrastructure Limited
Housing Development and Infrastructure operates one associated brand: Housing Development Infrastructure Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of residential & commercial properties | hdil.in |
Business Activity of Housing Development and Infrastructure Limited
The main business activity of Housing Development and Infrastructure is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Housing Development and Infrastructure Limited FY 2024-25 filings available
Housing Development and Infrastructure Limited reported revenue of ₹33.96 Cr (up 1556.6% YoY) for FY 2024-25.
Financial Highlights
FY 2018-19 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 718 | 388 | 724 | 1,170 | 1,022 | 872 | 1,025 |
| Revenue growth | +85.3% | -46.4% | -38.1% | +14.4% | +17.2% | -14.9% | - |
| EBITDA | 399 | 403 | 613 | 775 | 807 | 894 | 831 |
| EBITDA margin | +55.6% | +103.9% | +84.7% | +66.3% | +78.9% | +102.5% | +81.1% |
| Profit before tax | 130 | 60.43 | 212 | 276 | 298 | 189 | 94.09 |
| Net profit | 106 | 95.69 | 174 | 333 | 193 | 136 | 420 |
| Net profit margin | +14.8% | +24.7% | +24.1% | +28.5% | +18.9% | +15.6% | +40.9% |
| EPS (₹) | 2.34 | 2.21 | 4.12 | 7.86 | 5.22 | 4.24 | 1.75 |
| Balance sheet | |||||||
| Total assets | 13,898 | 13,893 | 14,010 | 14,048 | 14,049 | 14,079 | 14,410 |
| Net worth | 11,891 | 11,615 | 11,476 | 11,142 | 10,805 | 10,559 | 10,383 |
| Total debt | 1,997 | 2,269 | 2,521 | 2,895 | 3,236 | 3,511 | 4,019 |
| Cash & bank | 130 | 116 | 127 | 142 | 189 | 227 | 197 |
| Net working capital | 13,581 | 13,540 | 13,690 | 13,713 | 13,708 | 13,712 | 13,952 |
| Cash flow | |||||||
| Cash from operations | 385 | 425 | 616 | 698 | 708 | 1,166 | 721 |
| Cash from investing | 11.50 | 17.62 | 36.68 | 17.92 | 83.64 | 78.00 | 14.02 |
| Cash from financing | (402) | (455) | (688) | (777) | (830) | (1,215) | (770) |
| Particulars | Jun 2019 | Mar 2019 |
|---|---|---|
| Revenue | 92.63 | 29.68 |
| Other income | 3.87 | 4.76 |
| EBITDA | 72.37 | 63.58 |
| EBITDA margin | +78.1% | +214.2% |
| Depreciation | 1.20 | 1.31 |
| Interest | 64.53 | 57.88 |
| Profit before tax | 10.51 | 9.15 |
| Tax | 2.27 | 1.67 |
| Net profit | 8.24 | 7.48 |
| EPS (₹) | 0.18 | 0.16 |
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 33.96 | 2.05 | 1.31 | 0.64 | 0.85 | 414 | 584 |
| Revenue growth | +1556.6% | +56.5% | +104.7% | -24.7% | -99.8% | -29.1% | - |
| EBITDA | 0.37 | (8.96) | (18.44) | (11.27) | (10.74) | (13,887) | 298 |
| EBITDA margin | +1.1% | -437.1% | -1407.6% | -1760.9% | -1263.5% | -3352.9% | +51.0% |
| Profit before tax | 0.00 | (10.31) | (19.80) | (12.27) | (12.19) | (13,997) | 118 |
| Net profit | (0.19) | (10.42) | (20.06) | (12.28) | (12.13) | (564) | 96.19 |
| Net profit margin | -0.6% | -508.3% | -1531.3% | -1918.8% | -1427.1% | -136.1% | +16.5% |
| EPS (₹) | 0.00 | (0.22) | (0.42) | (0.26) | (0.26) | (294.67) | 2.12 |
| Balance sheet | |||||||
| Total assets | - | - | 199 | 219 | 229 | 237 | 13,226 |
| Net worth | - | - | (2,285) | (2,265) | (2,252) | (2,240) | 11,716 |
| Total debt | - | - | 2,484 | 2,484 | 2,481 | 2,477 | 1,504 |
| Cash & bank | - | - | 6.61 | 8.21 | 5.30 | 5.22 | 125 |
| Net working capital | - | - | (504) | (487) | (480) | (474) | 12,245 |
| Cash flow | |||||||
| Cash from operations | - | - | (2.03) | (0.04) | (4.05) | (1,018) | (145) |
| Cash from investing | - | - | 0.28 | 0.37 | 0.00 | 132 | 305 |
| Cash from financing | - | - | 0.05 | 2.49 | 3.97 | 868 | (161) |
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.41 | 0.41 | 0.41 | 14.41 | 0.42 | 18.73 | 0.82 | 0.38 |
| Revenue growth (YoY) | -2.4% | -97.8% | -50.0% | +3692.1% | -4.6% | - | - | - |
| Other income | 0.35 | 0.41 | 0.53 | 0.29 | 0.46 | 0.89 | 0.37 | 0.37 |
| Total expenses | 2.64 | 2.67 | 2.94 | 7.45 | 2.64 | 20.57 | 5.25 | 1.87 |
| EBITDA | (2.23) | (2.26) | (2.53) | 6.96 | (2.22) | (1.84) | (4.43) | (1.49) |
| EBITDA margin | -543.9% | -551.2% | -617.1% | +48.3% | -528.6% | -9.8% | -540.2% | -392.1% |
| Depreciation | 0.59 | 0.59 | 0.59 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (2.47) | (2.44) | (2.59) | 6.60 | (2.41) | (1.60) | (4.71) | (1.77) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2019 | Mar 2019 |
|---|---|---|
| Revenue | 92.63 | 29.68 |
| Other income | 3.87 | 4.76 |
| EBITDA | 72.37 | 63.58 |
| EBITDA margin | +78.1% | +214.2% |
| Depreciation | 1.20 | 1.31 |
| Interest | 64.53 | 57.88 |
| Profit before tax | 10.51 | 9.15 |
| Tax | 2.27 | 1.67 |
| Net profit | 8.24 | 7.48 |
| EPS (₹) | 0.18 | 0.16 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Revenue | 718 | 388 | 724 | 1,170 | 1,022 | 872 | 1,025 |
| Revenue growth | +85.3% | -46.4% | -38.1% | +14.4% | +17.2% | -14.9% | - |
| Other income | 17.47 | 13.86 | 34.51 | 23.13 | 60.65 | 81.38 | 39.99 |
| Total expenses | 319 | (14.94) | 111 | 394 | 216 | (21.71) | 194 |
| Employee cost | 22.94 | 31.60 | 38.87 | 43.20 | 41.19 | 40.14 | 35.69 |
| EBITDA | 399 | 403 | 613 | 775 | 807 | 894 | 831 |
| EBITDA margin | +55.6% | +103.9% | +84.7% | +66.3% | +78.9% | +102.5% | +81.1% |
| Depreciation | 5.41 | 6.83 | 7.50 | 8.00 | 15.32 | 78.57 | 84.54 |
| Interest | 281 | 349 | 428 | 514 | 554 | 708 | 693 |
| Profit before tax | 130 | 60.43 | 212 | 276 | 298 | 189 | 94.09 |
| Tax | 24.20 | (35.23) | 32.80 | (53.49) | 79.16 | 11.38 | 20.51 |
| Net profit | 106 | 95.69 | 174 | 333 | 193 | 136 | 420 |
| Net profit margin | +14.8% | +24.7% | +24.1% | +28.5% | +18.9% | +15.6% | +40.9% |
| EPS (₹) | 2.34 | 2.21 | 4.12 | 7.86 | 5.22 | 4.24 | 1.75 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 454 | 434 | 434 | 419 | 419 | 419 | 419 |
| Reserves & surplus | 11,375 | 11,139 | 11,042 | 10,723 | 10,386 | 10,140 | 9,964 |
| Shareholders' funds (net worth) | 11,891 | 11,615 | 11,476 | 11,142 | 10,805 | 10,559 | 10,383 |
| Minority interest | 4.43 | 4.44 | 7.16 | 7.27 | 7.37 | 7.38 | 7.26 |
| Secured loans | 1,997 | 2,269 | 2,521 | 2,830 | 3,231 | 3,508 | 4,004 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 64.82 | 4.23 | 3.04 | 14.43 |
| Total debt | 1,997 | 2,269 | 2,521 | 2,895 | 3,236 | 3,511 | 4,019 |
| Total liabilities | 13,898 | 13,893 | 14,010 | 14,048 | 14,049 | 14,079 | 14,410 |
| Assets | |||||||
| Gross block | 245 | 246 | 246 | 143 | 164 | 278 | 329 |
| Net block | 212 | 218 | 225 | 131 | 120 | 229 | 291 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.91 | 8.48 |
| Investments | 24.91 | 25.47 | 25.47 | 136 | 168 | 64.79 | 77.44 |
| Inventories | 14,577 | 15,317 | 14,840 | 13,639 | 13,079 | 12,468 | 12,043 |
| Sundry debtors | 424 | 428 | 307 | 264 | 304 | 381 | 806 |
| Cash & bank balances | 130 | 116 | 127 | 142 | 189 | 227 | 197 |
| Loans & advances | 2,657 | 2,275 | 2,657 | 3,245 | 3,686 | 3,425 | 3,795 |
| Total current assets | 17,788 | 18,136 | 17,930 | 17,289 | 17,258 | 16,501 | 16,841 |
| Total current liabilities | 4,208 | 4,596 | 4,241 | 3,576 | 3,550 | 2,789 | 2,889 |
| Net working capital | 13,581 | 13,540 | 13,690 | 13,713 | 13,708 | 13,712 | 13,952 |
| Total assets | 13,898 | 13,893 | 14,010 | 14,048 | 14,049 | 14,079 | 14,410 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Opening cash | 24.02 | 35.88 | 71.20 | 121 | 227 | 197 | 232 |
| Net cash from operating activities | 385 | 425 | 616 | 698 | 708 | 1,166 | 721 |
| Net cash from investing activities | 11.50 | 17.62 | 36.68 | 17.92 | 83.64 | 78.00 | 14.02 |
| Net cash from financing activities | (402) | (455) | (688) | (777) | (830) | (1,215) | (770) |
| Net change in cash | (5.45) | (11.87) | (35.31) | (60.91) | (37.56) | 29.45 | (34.90) |
| Closing cash | 130 | 116 | 127 | 142 | 189 | 227 | 197 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +85.3% | -46.4% | -38.1% | +14.4% | +17.2% | -14.9% | - |
| EBITDA growth | -0.9% | -34.3% | -20.9% | -3.9% | -9.8% | +7.5% | - |
| PBT growth | +115.9% | -71.5% | -23.3% | -7.4% | +57.5% | +101.0% | +9997.0% |
| Net income growth | +11.1% | -45.1% | -47.6% | +72.1% | +42.4% | -67.7% | - |
| Revenue CAGR (3Y) | -15.0% | -27.6% | -6.0% | +4.5% | - | - | - |
| EBITDA CAGR (3Y) | -19.9% | -20.7% | -11.8% | -2.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +14.8% | +24.7% | +24.7% | +28.2% | +21.4% | +20.4% | +7.2% |
| Return on capital employed | +3.0% | +2.9% | +4.6% | +5.5% | +5.7% | +5.9% | +8.4% |
| Return on net worth | +0.9% | +0.8% | +1.6% | +2.9% | +1.8% | +1.3% | +4.0% |
| Debt / equity | 0.18 | 0.21 | 0.24 | 0.28 | 0.32 | 0.36 | 0.39 |
| Long-term debt / equity | 0.05 | 0.10 | 0.17 | 0.15 | 0.10 | 0.11 | 0.12 |
| Interest cover | 71.30 | 88.24 | 70.75 | 67.06 | 70.03 | 86.79 | 92.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.93 | 1.57 | 3.72 | 7.64 | 4.63 | 2.87 | 2.55 |
| Inventory turnover | 0.05 | 0.03 | 0.05 | 0.09 | 0.08 | 0.07 | 0.09 |
| Debtors turnover | 1.69 | 1.06 | 2.54 | 4.12 | 2.98 | 1.47 | 1.22 |
| EPS (₹) | 2.34 | 2.21 | 4.12 | 7.86 | 5.22 | 4.24 | 1.75 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 260.54 | 266.65 | 264.42 | 265.90 | 257.87 | 252.00 | 247.80 |
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.41 | 0.41 | 0.41 | 14.41 | 0.42 | 18.73 | 0.82 | 0.38 |
| Revenue growth (YoY) | -2.4% | -97.8% | -50.0% | +3692.1% | -4.6% | - | - | - |
| Other income | 0.35 | 0.41 | 0.53 | 0.29 | 0.46 | 0.89 | 0.37 | 0.37 |
| Total expenses | 2.64 | 2.67 | 2.94 | 7.45 | 2.64 | 20.57 | 5.25 | 1.87 |
| EBITDA | (2.23) | (2.26) | (2.53) | 6.96 | (2.22) | (1.84) | (4.43) | (1.49) |
| EBITDA margin | -543.9% | -551.2% | -617.1% | +48.3% | -528.6% | -9.8% | -540.2% | -392.1% |
| Depreciation | 0.59 | 0.59 | 0.59 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (2.47) | (2.44) | (2.59) | 6.60 | (2.41) | (1.60) | (4.71) | (1.77) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 33.96 | 2.05 | 1.31 | 0.64 | 0.85 | 414 | 584 |
| Revenue growth | +1556.6% | +56.5% | +104.7% | -24.7% | -99.8% | -29.1% | - |
| Other income | 2.16 | 1.27 | 1.37 | 1.52 | 1.28 | 10.40 | 17.44 |
| Total expenses | 33.59 | 11.01 | 19.75 | 11.91 | 11.59 | 14,302 | 286 |
| Employee cost | 0.00 | 0.00 | 3.53 | 3.87 | 4.56 | 18.63 | 22.30 |
| EBITDA | 0.37 | (8.96) | (18.44) | (11.27) | (10.74) | (13,887) | 298 |
| EBITDA margin | +1.1% | -437.1% | -1407.6% | -1760.9% | -1263.5% | -3352.9% | +51.0% |
| Depreciation | 2.53 | 2.62 | 2.73 | 2.52 | 2.73 | 8.61 | 5.39 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 111 | 192 |
| Profit before tax | 0.00 | (10.31) | (19.80) | (12.27) | (12.19) | (13,997) | 118 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (29.32) | 21.69 |
| Net profit | (0.19) | (10.42) | (20.06) | (12.28) | (12.13) | (564) | 96.19 |
| Net profit margin | -0.6% | -508.3% | -1531.3% | -1918.8% | -1427.1% | -136.1% | +16.5% |
| EPS (₹) | 0.00 | (0.22) | (0.42) | (0.26) | (0.26) | (294.67) | 2.12 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | - | 474 | 474 | 474 | 474 | 454 |
| Reserves & surplus | - | - | (2,759) | (2,739) | (2,726) | (2,714) | 11,262 |
| Shareholders' funds (net worth) | - | - | (2,285) | (2,265) | (2,252) | (2,240) | 11,716 |
| Secured loans | - | - | 2,484 | 2,484 | 2,481 | 2,477 | 1,504 |
| Unsecured loans | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | - | - | 2,484 | 2,484 | 2,481 | 2,477 | 1,504 |
| Total liabilities | - | - | 199 | 219 | 229 | 237 | 13,226 |
| Assets | |||||||
| Gross block | - | - | 271 | 264 | 264 | 272 | 250 |
| Net block | - | - | 204 | 207 | 210 | 213 | 212 |
| Capital work in progress | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | - | 490 | 490 | 490 | 490 | 790 |
| Inventories | - | - | 2,837 | 2,837 | 2,837 | 2,837 | 12,033 |
| Sundry debtors | - | - | 404 | 403 | 407 | 409 | 379 |
| Cash & bank balances | - | - | 6.61 | 8.21 | 5.30 | 5.22 | 125 |
| Loans & advances | - | - | 12.17 | 11.91 | 12.01 | 11.94 | 2,537 |
| Total current assets | - | - | 3,260 | 3,260 | 3,262 | 3,263 | 15,074 |
| Total current liabilities | - | - | 3,764 | 3,747 | 3,742 | 3,737 | 2,829 |
| Net working capital | - | - | (504) | (487) | (480) | (474) | 12,245 |
| Total assets | - | - | 199 | 219 | 229 | 237 | 13,226 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | - | 7.71 | 4.88 | 4.96 | 22.28 | 23.41 |
| Net cash from operating activities | - | - | (2.03) | (0.04) | (4.05) | (1,018) | (145) |
| Net cash from investing activities | - | - | 0.28 | 0.37 | 0.00 | 132 | 305 |
| Net cash from financing activities | - | - | 0.05 | 2.49 | 3.97 | 868 | (161) |
| Net change in cash | - | - | (1.70) | 2.83 | (0.08) | (17.31) | (1.13) |
| Closing cash | - | - | 6.61 | 8.21 | 5.30 | 5.22 | 125 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1556.6% | +56.5% | +104.7% | -24.7% | -99.8% | -29.1% | - |
| EBITDA growth | +104.1% | +51.4% | -63.6% | -4.9% | +99.9% | -4764.1% | - |
| PBT growth | +9997.0% | +47.9% | -61.4% | -0.7% | +99.9% | - | +98.3% |
| Net income growth | +98.2% | +48.1% | -63.4% | -1.2% | +97.9% | -685.9% | - |
| Revenue CAGR (3Y) | +275.8% | +34.1% | -85.3% | -89.7% | -87.0% | -16.5% | -20.7% |
| EBITDA CAGR (3Y) | - | -5.9% | -89.0% | - | - | - | -22.5% |
| Profitability & leverage | |||||||
| Net income margin | 0.0% | -502.9% | -1511.5% | -1917.2% | -1434.1% | -3372.2% | +16.5% |
| Return on capital employed | - | - | 0.0% | 0.0% | 0.0% | 0.0% | +2.4% |
| Return on net worth | - | - | 0.0% | 0.0% | 0.0% | 0.0% | +0.8% |
| Debt / equity | - | - | 0.00 | 0.00 | 0.00 | 0.42 | 0.14 |
| Long-term debt / equity | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.80 | 65.65 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | - | 0.00 | 0.00 | 0.00 | 1.58 | 2.32 |
| Inventory turnover | - | - | 0.00 | 0.00 | 0.00 | 0.06 | 0.05 |
| Debtors turnover | - | - | 0.00 | 0.00 | 0.00 | 1.05 | 1.53 |
| EPS (₹) | 0.00 | (0.22) | (0.42) | (0.26) | (0.26) | (294.67) | 2.12 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 0.00 | (48.20) | (47.77) | (47.52) | (47.26) | 258.05 |
Board of Directors of Housing Development and Infrastructure Limited
Housing Development and Infrastructure has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarang Rakesh Wadhawan Also directs: Privilege Airways Pvt Ltd, Privilege Distilleries Private Limited, Privilege Holding and Investment Private Limited and 2 more | Managing Director | 04 Mar 2005 | 21 Years 7 Months | As last reported |
| Rakeshkumar Kuldipsingh Wadhawan | Whole-Time Director | 27 Jan 2004 | 22 Years 8 Months | As last reported |
| Lalit Mohan Mehta | Director | 14 Jun 2006 | 20 Years 4 Months | As last reported |
| Raj Kumar Aggarwal | Director | 21 May 2008 | 18 Years 5 Months | As last reported |
| Hazari Lal Also directs: Suddhar Foundation | Director | 14 Nov 2014 | 11 Years 11 Months | As last reported |
| Sandhya Baliga | Director | 14 Nov 2014 | 11 Years 11 Months | As last reported |
Peer Comparison of Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Housing Development and Infrastructure Limited this company | ₹33.96 Cr (FY 2025) | •••• | •••• | 1556.6% | •••• | Mumbai, Maharashtra, India |
| Anshu Priya Construction Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Dhanbad, Jharkhand, India |
| Rudra Nirman Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Kanpur, Uttar Pradesh, India |
| Shreshta Construction Pvt Ltd | ₹2.69 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | 24 Parganas, West Bengal, India |
| Raysprime Power Private Limited | ₹2.69 Cr (FY 2024) | •••• | •••• | 29482.0% | •••• | Bikaner, Rajasthan, India |
| Skyline Millars Limited Listed | ₹2.69 Cr (FY 2025) | •••• | •••• | 480.0% | •••• | Mumbai, Maharashtra, India |
| Prosper Growth Private Limited | ₹2.69 Cr (FY 2023) | •••• | •••• | -71.0% | •••• | Guwahati, Assam, India |
| Singhal and Sons (India) Pvt Ltd | ₹2.69 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Delhi, India |
| Aviro Vyapaar Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 406.0% | •••• | Kolkata, West Bengal, India |
| Calicut Apollo Builders Private Limited | ₹2.69 Cr (FY 2022) | •••• | •••• | 53.0% | •••• | Kozhikode, Kerala, India |
| Astounding Value Homes Maintenance Private Limited | ₹2.68 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Housing Development and Infrastructure by revenue in the Real Estate industry (Builders and Developers), 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 Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited is audited by RAJESWARI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESWARI & ASSOCIATES | 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.
Ownership and Shareholding of Housing Development and Infrastructure Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Housing Development and Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹136 Cr | Open |
| 16 Aug 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹136 Cr | Open |
| 18 Apr 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹200 Cr | Open |
| 05 Mar 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹120 Cr | Open |
| 21 Mar 2017 | Others | ₹470 Cr | Open |
Total charge records: 62 View all charges
Deals & Funding of Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited has 222 deals on record (218 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹1,703.4 Cr; the latest was in November 2019.
Deals on record (5 of 222)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Market trade | ₹1.04 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Jan 2019 | Market trade | ₹7.06 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Sep 2018 | Market trade | ₹9.6 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Aug 2018 | Market trade | ₹11.68 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Aug 2018 | Market trade | ₹17.5 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
Full deal history
All 222 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 Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited has 531 court cases on record: 66 filed by Housing Development and Infrastructure, 467 filed against it. 183 cases are pending and 348 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 303 | 264 | 97 |
| District courts | 201 | 184 | 72 |
| NCLAT | 15 | 10 | 10 |
| Supreme Court | 11 | 8 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 531)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed against the company by Syndicate Bank | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Ravijyot Finance Leasing Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Unity Small Finance Bank Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ravijyot Finance Leasing Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Golden Tobacco Ltd. | Pending |
Full case history
All 531 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.
Employees and EPFO Compliance at Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited has a workforce of 32 employees as of Apr 01, 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 Housing Development and Infrastructure Limited
Housing Development and Infrastructure has 6 subsidiary companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Blue Star Realtors Private Limited | U45200MH1990PTC055968 | - |
| Guruashish Construction Private Limited | U45200MH2000PTC126895 | - |
| Privilege Power And Infrastructure Private Limited | U65990MH1984PTC033927 | - |
| Lashkaria Construction Private Limited | U70100MH2000PTC128723 | - |
| Mazda Estates Private Limited | U70100MH2004PTC136339 | - |
| Bkc Developers Private Limited (Cn) | U74999MH2003PTC143045 | - |
Showing major subsidiaries. Total: 6.
Recent Activity on Housing Development and Infrastructure Limited
Housing Development and Infrastructure Limited has 32 board changes on record since 2003: 17 appointments and 15 cessations. The latest: Raj Kumar Aggarwal ceased to be Director on 03 Oct 2019.
148 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Housing Development and Infrastructure 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.
MSME Payment Delays by Housing Development and Infrastructure Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Housing Development and Infrastructure 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 Housing Development and Infrastructure Limited
Housing Development and Infrastructure has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH5443F2ZR | Maharashtra | Active | 01 Aug 2020 |
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 Housing Development and Infrastructure 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 Housing Development and Infrastructure Limited
Frequently Asked Questions about Housing Development and Infrastructure Limited
Housing Development and Infrastructure is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Housing Development and Infrastructure is a company under insolvency, formerly operating as a 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 25 July 1996 and is registered under CIN L70100MH1996PLC101379. Listed on BSE: 532873 and NSE: HDIL. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Housing Development and Infrastructure reported revenue of ₹33.96 Cr for FY 2024-25 (up 1556.6% YoY) based on standalone financials.
Housing Development and Infrastructure has 6 current directors:
- Sarang Rakesh Wadhawan - Managing Director
- Rakeshkumar Kuldipsingh Wadhawan - Whole-Time Director
- Lalit Mohan Mehta - Director
- Raj Kumar Aggarwal - Director
- Hazari Lal - Director
- Sandhya Baliga - Director
The CIN (Corporate Identification Number) of Housing Development and Infrastructure is L70100MH1996PLC101379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Housing Development and Infrastructure is listed on both BSE (code: 532873) and NSE (symbol: HDIL).
Housing Development and Infrastructure has open charges of ₹5,067.32 Cr and satisfied charges of ₹5,132.82 Cr as per latest MCA filings.
Housing Development and Infrastructure has 531 court cases on record: 66 filed by the company and 467 filed against it. 183 are pending. Most are in the high courts.
Housing Development and Infrastructure was incorporated on 25 July 1996. It is registered with the Registrar of Companies, Mumbai.
Housing Development and Infrastructure has 222 deals on record (218 market trades, 2 funding rounds, 1 qip), with disclosed funding of ₹1,703.4 Cr; the latest was in November 2019.
The peers of Housing Development and Infrastructure by revenue are Anshu Priya Construction Private Limited, Rudra Nirman Private Limited, Shreshta Construction Pvt Ltd, Raysprime Power Private Limited, Skyline Millars Limited and 5 more, all in the Real Estate industry (Builders and Developers).