About Piramal Water Private Limited
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Piramal Water Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Piramal Corporate Services Private Limited. It operates in the water treatment segment of the environmental services sector. It was incorporated on 17 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC183611. Its GSTIN is 08AAECP7137N1ZW (Rajasthan). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹13.3 Cr and a paid-up capital of ₹13.22 Cr. It is led by directors including Nandini Ajay Piramal and Akshat Shukla.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹3.56 Cr (net margin -149.6%) and EBITDA of -₹3.19 Cr (EBITDA margin -134.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 34% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sarvajal. As per MCA filings, the company has satisfied charges of ₹250 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarvajal.com.
Company details
Contact details
Piramal Water Private Limited's registered office is in Mumbai, Maharashtra. Its website is sarvajal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPiramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryEnvironment, Water Treatment
To see the full contact details of Piramal Water 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
Brands
Piramal Water operates one associated brand: Sarvajal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for drinking water services. | sarvajal.com |
Business activity
The main business activity of Piramal Water is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Piramal Water Private Limited, buy the company report.
Financials of Piramal Water Private Limited
FY 2025 filings availablePiramal Water Private Limited reported revenue of ₹2.38 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 69% fall in the latest year. EBITDA fell 257% 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 |
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| EBITDA | -₹3.19 Cr | ||||
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| Net Profit (PAT) | -₹3.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -134.2% | ||||
| Net Profit Margin | -149.6% | ||||
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To see the full financial statements and ratios of Piramal Water Private Limited, buy the company report.
Board of directors of Piramal Water Private Limited
Piramal Water has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Ajay Piramal | Director | 26 Jun 2008 | 18 Years 4 Months | Current |
| Akshat Shukla | Director | 02 Sep 2023 | 3 Years 2 Months | Current |
| Abhijit Aravind Gajendragadkar | Additional Director | 12 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Piramal Water Private Limited is audited by HARIBHAKTI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTI & CO | FY 2020 | 118013W |
Shareholding
The shareholding of Piramal Water Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Piramal Water Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2015 | 10609200 | Axis Finance Limited | ₹100 Cr | Satisfied | |
| 24 Sep 2015 | 10598187 | Aditya Birla Finance Limited | ₹150 Cr | Satisfied |
To see the full charge records of Piramal Water Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Piramal Water Private Limited has 6 court cases on record: 3 filed by Piramal Water, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against individuals | Disposed |
To see the full case history of Piramal Water 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 Piramal Water Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piramal Water has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECP7137N1ZW | Rajasthan | Active | 01 Jul 2017 |
| 21AAECP7137N1Z8 | Odisha | Active | 01 Jul 2017 |
| 23AAECP7137N1Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAECP7137N1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piramal Water Private Limited, buy the company report.
Recent activity
Piramal Water Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Abhijit Aravind Gajendragadkar was appointed as Additional Director on 12 Jan 2026.
6 earlier events are in the company report.
News
Frequently asked questions
Piramal Water is an active private limited company based in Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 17 June 2008 (18+ years old) and is registered under CIN U74900MH2008PTC183611.
Piramal Water has 3 current directors:
- Nandini Ajay Piramal - Director
- Akshat Shukla - Director
- Abhijit Aravind Gajendragadkar - Additional Director
The latest financial statements of Piramal Water on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Piramal Water is 08AAECP7137N1ZW, registered in Rajasthan. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 21AAECP7137N1Z8 (Odisha), 23AAECP7137N1Z4 (Madhya Pradesh), 24AAECP7137N1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Piramal Water is U74900MH2008PTC183611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piramal Water has 6 court cases on record: 3 filed by the company and 3 filed against it.
Piramal Water was incorporated on 17 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhijit Aravind Gajendragadkar was appointed as Additional Director on 12 Jan 2026. Chirag Ramesh Shah ceased to be Director on 10 Apr 2025. Akshat Shukla ceased to be Additional Director on 26 Sep 2023. Piramal Water has 11 board changes on record in total.
Piramal Water can be reached through the website sarvajal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Piramal Water is at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
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