About Nilgiri Land Development Limited
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Nilgiri Land Development Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Indiabulls Real Estate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2005PLC308864.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Nilgiri Land Devlopment Private. It is led by directors including Shweta Swapnil Jadhav and Ashish Kumar.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -8.9%) and EBITDA of -₹1.24 Lakh (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
As per MCA filings, the company has satisfied charges of ₹1,050 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabulls.com.
Company details
CIN history
Nilgiri Land Development has one previous CIN (Corporate Identification Number): U45201DL2005PLC143977. The current CIN is U45201MH2005PLC308864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH2005PLC308864 | Current |
| U45201DL2005PLC143977 | Previous |
Contact details
Nilgiri Land Development Limited's registered office is in Mumbai, Maharashtra. Its website is indiabulls.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOne World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nilgiri Land Development 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
Business activity
The main business activity of Nilgiri Land Development is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Nilgiri Land Development Limited, buy the company report.
Financials of Nilgiri Land Development Limited
FY 2026 filings availableNilgiri Land Development Limited reported revenue of ₹14 Lakh (up 460426% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years. EBITDA rose 77% 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 | ₹14 Lakh | ||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.24 Lakh | ||||
| Balance Sheet | |||||
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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 | -8.9% | ||||
| Net Profit Margin | -8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nilgiri Land Development Limited, buy the company report.
Board of directors of Nilgiri Land Development Limited
Nilgiri Land Development has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Swapnil Jadhav Also directs: Indiabulls Industrial Infrastructure Limited, Nerissa Real Estate Limited, Nerissa Constructions Limited and 5 more | Director | 14 Jul 2022 | 4 Years 3 Months | Current |
| Ashish Kumar Also directs: Corus Real Estate Limited, Selene Infrastructure Limited, Elena Constructions Limited and 5 more | Director | 07 Aug 2024 | 2 Years 3 Months | Current |
| Om Parkash Parjapati Also directs: Equinox India Assets Limited, Lavone Infrastructure Projects Limited, Serida Engineering Limited and 5 more | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Nilgiri Land Development Limited is audited by Agarwal Prakash & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Prakash & Co | FY 2026 | 005975N |
Shareholding
The shareholding of Nilgiri Land Development 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 Nilgiri Land Development Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2016 | 100066681 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied | |
| 10 Nov 2014 | 10564328 | Indusind Bank Ltd. | ₹250 Cr | Satisfied | |
| 05 May 2011 | 10288335 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied |
To see the full charge records of Nilgiri Land Development Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Nilgiri Land Development 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 Nilgiri Land Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nilgiri Land Development Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nilgiri Land Development Limited has 21 board changes on record since 2005: 12 appointments and 9 cessations. The latest: Amitava Acharya ceased to be Director on 07 Aug 2024.
18 earlier events are in the company report.
Frequently asked questions
Nilgiri Land Development 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 22 December 2005 (21+ years old) and is registered under CIN U45201MH2005PLC308864.
Nilgiri Land Development has 3 current directors:
- Shweta Swapnil Jadhav - Director
- Ashish Kumar - Director
- Om Parkash Parjapati - Director
The latest financial statements of Nilgiri Land Development on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nilgiri Land Development is U45201MH2005PLC308864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nilgiri Land Development was incorporated on 22 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Amitava Acharya ceased to be Director on 07 Aug 2024. Ashish Kumar was appointed as Director on 07 Aug 2024. Om Parkash Parjapati was appointed as Director on 26 Mar 2024. Nilgiri Land Development has 21 board changes on record in total.
Nilgiri Land Development can be reached through the website indiabulls.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nilgiri Land Development is at One World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
Nilgiri Land Development operates in the real estate and construction industry, in the real estate builders and developers segment.
Nilgiri Land Development has no open charges and satisfied charges of ₹1,050 Cr as per latest MCA filings.
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