About Precaution Properties Private Limited
Data last updated:
Precaution Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC174823. Its GSTIN is 27AAECP5363Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sumit Sapru and Venkatesh Gopalkrishan.
Its last annual general meeting (AGM) was held on 12 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.2 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹27.88 Cr and EBITDA of -₹33.53 Lakh (EBITDA margin -274.8%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹2,400 Cr and satisfied charges of ₹540 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 8 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 shapoorjipallonji.com.
Company details
Contact details
Precaution Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorjipallonji.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Precaution Properties 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 Precaution Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Precaution Properties Private Limited
FY 2025 filings availablePrecaution Properties Private Limited reported revenue of ₹12.2 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 99% fall in the latest year. EBITDA fell 114% 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 | -₹33.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.88 Cr | ||||
| 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 | -274.8% | ||||
| Net Profit Margin | |||||
| 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 Precaution Properties Private Limited, buy the company report.
Board of directors of Precaution Properties Private Limited
Precaution Properties has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Sapru Also directs: Jaykali Developers Private Limited, Mangalesh Ventures Private Limited, Paikar Real Estates Private Limited and 3 more | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Venkatesh Gopalkrishan Also directs: Pravahan Ventures LLP, Relationship Properties Private Limited, Shapoorji Pallonji Real Estate Private Limited and 5 more | Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Saureen Bharat Desai | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Rajendra Raja Bali Singh Also directs: Yogayatan Petroleum Private Limited, Yogayatan Ozoneland Private Limited, Yogayatan E-Waste Recycling Private Limited and 5 more | Director | 01 Sep 2008 | 18 Years 2 Months | Current |
Auditor
Precaution Properties Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Precaution Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precaution Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2022 | 100685425 | Others | ₹2,400 Cr | Open | |
| 18 Jul 2018 | 100204310 | Others | ₹540 Cr | Satisfied |
To see the full charge records of Precaution Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Precaution Properties Private Limited has 21 court cases on record: 14 filed by Precaution Properties, 7 filed against it. 8 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 6 | 8 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Rushmina Enterprise Pvt Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra, Through Its Principal Secretary Urban Development Dept. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against State of Maharashtra and 6 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Colaba Rajak Consumer Cooperative Society Ltd. | Pending |
To see the full case history of Precaution Properties 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
Precaution Properties Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Precaution Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Precaution Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP5363Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precaution Properties Private Limited, buy the company report.
Recent activity
Precaution Properties Private Limited has 16 board changes on record since 2007: 4 appointments and 12 cessations. The latest: Saureen Bharat Desai ceased to be Additional Director on 10 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
Precaution Properties is an active private 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 09 October 2007 (19+ years old) and is registered under CIN U70102MH2007PTC174823.
Precaution Properties has 4 current directors:
- Sumit Sapru - Director
- Venkatesh Gopalkrishan - Director
- Saureen Bharat Desai - Director
- Rajendra Raja Bali Singh - Director
The latest financial statements of Precaution Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precaution Properties is 27AAECP5363Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Precaution Properties is U70102MH2007PTC174823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precaution Properties has 21 court cases on record: 14 filed by the company and 7 filed against it. 8 are pending. Most are in the high courts.
Precaution Properties was incorporated on 09 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Saureen Bharat Desai ceased to be Additional Director on 10 Sep 2023. Sumit Sapru ceased to be Additional Director on 10 Sep 2023. Saureen Bharat Desai was appointed as Director on 01 Jun 2023. Precaution Properties has 16 board changes on record in total.
Precaution Properties has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 09 Feb 2022.
Precaution Properties can be reached through the website shapoorjipallonji.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Precaution Properties is at Sp Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
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.
