About Terraform Merit Construction Private Limited
Data last updated:
Terraform Merit Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 19 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008PTC182376.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Shubhavastu Property Developers Private Limited. It is led by directors Parikshit Ramesh Tulsankar and Arvind Lalji Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.68 Lakh (net margin 79.5%) and EBITDA of ₹2.01 Lakh (EBITDA margin 95.3%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terraformrealty.com.
Company details
Contact details
Terraform Merit Construction Private Limited's registered office is in Mumbai, Maharashtra. Its website is terraformrealty.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGodrej Coliseum A – Wing 1301 13th Floor Behind Everard Nagar Off Eastern Expres, S Highway, Mumbai, Maharashtra, India – 400022
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Terraform Merit Construction 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
Financials of Terraform Merit Construction Private Limited
FY 2025 filings availableTerraform Merit Construction Private Limited reported revenue of ₹2.11 Lakh (up 44537% YoY) for FY 2025.
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 | ₹2.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.68 Lakh | ||||
| 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 | 95.3% | ||||
| Net Profit Margin | 79.5% | ||||
| 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 Terraform Merit Construction Private Limited, buy the company report.
Board of directors of Terraform Merit Construction Private Limited
Terraform Merit Construction has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parikshit Ramesh Tulsankar Also directs: SRJ Realty LLP, Megaview Mugdha Construction Private Limited, Tvisha Construction Private Limited and 5 more | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Arvind Lalji Sharma Also directs: Megaview Mugdha Construction Private Limited, Titania Realty Private Limited, Megaview Meet Company Private Limited and 5 more | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Terraform Merit Construction Private Limited is audited by Hiral Doshi for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hiral Doshi | FY 2017 | 153192 |
Shareholding
The shareholding of Terraform Merit Construction Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Terraform Merit Construction Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Terraform Merit Construction Private 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 Terraform Merit Construction Private 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 Terraform Merit Construction Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Terraform Merit Construction Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Jesal Nainesh Shah ceased to be Director on 17 Nov 2015.
Frequently asked questions
Terraform Merit Construction is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 19 May 2008 (18+ years old) and is registered under CIN U45200MH2008PTC182376.
Terraform Merit Construction has 2 current directors:
- Parikshit Ramesh Tulsankar - Director
- Arvind Lalji Sharma - Director
The latest financial statements of Terraform Merit Construction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Terraform Merit Construction is U45200MH2008PTC182376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terraform Merit Construction was incorporated on 19 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Jesal Nainesh Shah ceased to be Director on 17 Nov 2015. Kishor Nandlal Shah ceased to be Director on 17 Mar 2015. Nainesh Kishor Shah ceased to be Director on 17 Mar 2015. Terraform Merit Construction has 7 board changes on record in total.
Terraform Merit Construction can be reached through the website terraformrealty.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Terraform Merit Construction is at Godrej Coliseum A – Wing 1301 13th Floor Behind Everard Nagar Off Eastern Expres, S Highway, Mumbai, Maharashtra, India – 400022.
Terraform Merit Construction operates in the real estate industry, in the real estate leasing segment.
The compliance status of Terraform Merit Construction is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
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.
