About PHM Growth Private Limited
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PHM Growth Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 31 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1991PTC062761. Its GSTIN is 27AAACO0641A1Z5 (Maharashtra).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹22.16 Lakh. It was formerly known as Onward Network Technologies Limited and Onward Network Technologies Private Limited. It is led by directors Prachi Harish Mehta and Harish Mehta Shantilal.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Streling Centre 2nd Floor Dr. A B Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.14 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹23.93 Lakh (net margin -31%) and EBITDA of -₹8.84 Lakh (EBITDA margin -11.5%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 17% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹98.7 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in December 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onwardgroup.com.
Company details
Name history
PHM Growth has undergone 2 name changes throughout its history. The company was previously known as Onward Network Technologies Limited, and Onward Network Technologies Private Limited. The current legal name is Phm Growth Private Limited.
| Company Name | Status |
|---|---|
| PHM Growth Private Limited | Current |
| Onward Network Technologies Limited | Previous |
| Onward Network Technologies Private Limited | Previous |
Contact details
PHM Growth Private Limited's registered office is in Mumbai, Maharashtra. Its website is onwardgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressStreling Centre 2nd Floor Dr. A B Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Brokerage & Trading Services, Real Estate Financing
To see the full contact details of PHM Growth 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
Business activity
The main business activity of PHM Growth is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of PHM Growth Private Limited, buy the company report.
Financials of PHM Growth Private Limited
FY 2025 filings availablePHM Growth Private Limited reported revenue of ₹77.14 Lakh (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 94% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8.84 Lakh | ||||
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| Net Profit (PAT) | -₹23.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -31% | ||||
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To see the full financial statements and ratios of PHM Growth Private Limited, buy the company report.
Board of directors of PHM Growth Private Limited
PHM Growth has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Harish Mehta | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
| Harish Mehta Shantilal Also directs: Ian Advisory LLP, Onward Technologies Limited, National Association of Software and Service Companies and 5 more | Director | 31 Jul 1991 | 35 Years 2 Months | Current |
Auditor
PHM Growth Private Limited is audited by Yash Dev Arya for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yash Dev Arya | FY 2022 | 095975 |
Shareholding
The shareholding of PHM Growth Private 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of PHM Growth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2016 | 10624239 | Yes Bank Limited | ₹35.45 Cr | Satisfied | |
| 15 Dec 2009 | 10197837 | Kotak Mahindra Bank Limited | ₹9 Cr | Satisfied | |
| 14 Aug 2008 | 10118024 | Kotak Mahindra Bank Limited | ₹25.75 Cr | Satisfied | |
| 25 Jul 2008 | 10118023 | Kotak Mahindra Bank Limited | ₹28.5 Cr | Satisfied |
To see the full charge records of PHM Growth Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
PHM Growth Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in December 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Acquisition | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Novell Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PHM Growth Private Limited has 3 court cases on record: 3 filed by PHM Growth. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of PHM Growth Private 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
No delayed payments to MSME suppliers are on our record for PHM Growth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
PHM Growth has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Desai Finwealth Investments and Securities Pvt. Ltd. | U67120MH1998PTC168714 |
To see the full group structure of PHM Growth Private Limited, buy the company report.
GST
PHM Growth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO0641A1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PHM Growth Private Limited, buy the company report.
Recent activity
PHM Growth Private Limited has 5 board changes on record since 1991: 2 appointments and 3 cessations. The latest: Heral Harish Mehta ceased to be Additional Director on 30 Sep 2014.
8 earlier events are in the company report.
Frequently asked questions
PHM Growth is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 31 July 1991 (35+ years old) and is registered under CIN U72200MH1991PTC062761.
PHM Growth has 2 current directors:
- Prachi Harish Mehta - Director
- Harish Mehta Shantilal - Director
The latest financial statements of PHM Growth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PHM Growth is 27AAACO0641A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of PHM Growth is U72200MH1991PTC062761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PHM Growth has 3 court cases on record: 3 filed by the company.
PHM Growth was incorporated on 31 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
PHM Growth has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in December 2023.
Heral Harish Mehta ceased to be Additional Director on 30 Sep 2014. Prachi Harish Mehta ceased to be Additional Director on 30 Sep 2014. Shaila Harish Mehta ceased to be Director on 15 Feb 2014. PHM Growth has 5 board changes on record in total.
PHM Growth can be reached through the website onwardgroup.com. Its registered office is in Mumbai, Maharashtra, India.