About Wadhwa Realty Private Limited
Data last updated:
Wadhwa Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wadhwagroup Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2003PTC140194. Its GSTIN is 27AADCP3797M1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Polycon Realtors Private Limited. It is led by directors Navin Amarlal Makhija and Manohar Moolchand Chhabria.
Its last annual general meeting (AGM) was held on 18 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 ₹18.35 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹10.31 Lakh (net margin 56.2%) and EBITDA of ₹11.78 Lakh (EBITDA margin 64.2%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 71% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Wadhwa Group. As per MCA filings, the company has satisfied charges of ₹615 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 5 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 thewadhwagroup.com.
Company details
Contact details
Wadhwa Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is thewadhwagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 Platina Plot No. C – 59 G Block, Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400098
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Wadhwa Realty 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
Wadhwa Realty operates one associated brand: The Wadhwa Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed in Mumbai, India. | thewadhwagroup.com |
Business activity
The main business activity of Wadhwa Realty is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Wadhwa Realty Private Limited, buy the company report.
Financials of Wadhwa Realty Private Limited
FY 2025 filings availableWadhwa Realty Private Limited reported revenue of ₹18.35 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 69% fall in the latest year. EBITDA fell 62% 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 | ₹11.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.31 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 | 64.2% | ||||
| Net Profit Margin | 56.2% | ||||
| 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 Wadhwa Realty Private Limited, buy the company report.
Board of directors of Wadhwa Realty Private Limited
Wadhwa Realty has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Amarlal Makhija | Director | 10 Nov 2009 | 16 Years 11 Months | Current |
| Manohar Moolchand Chhabria Also directs: Rituvarsha Estates Private Limited, Raghuleela Properties Private Limited, Adenwala Industrial Estate Pvt Ltd and 5 more | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Wadhwa Realty Private Limited is audited by ROHIRA MEHTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIRA MEHTA & ASSOCIATES | FY 2022 | 118777W |
Shareholding
The shareholding of Wadhwa Realty Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wadhwa Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2016 | 100040932 | Others | ₹300 Cr | Satisfied | |
| 25 Feb 2015 | 10551227 | Icici Bank Limited | ₹115 Cr | Satisfied | |
| 10 Mar 2014 | 10483347 | Icici Home Finance Company Limited | ₹200 Cr | Satisfied |
To see the full charge records of Wadhwa Realty Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Wadhwa Realty Private Limited has 16 court cases on record: 2 filed by Wadhwa Realty, 14 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 2 |
| High courts | 8 | 7 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company | Pending |
| High Court | Commercial suit | Filed against the company by Unnat Nagar Akshay Co-Operative Housing Society Limited and 5 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by an individual | Pending |
To see the full case history of Wadhwa Realty 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 Wadhwa Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wadhwa Realty Private Limited has a workforce of 18 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Wadhwa Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP3797M1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wadhwa Realty Private Limited, buy the company report.
Recent activity
Wadhwa Realty Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Manohar Moolchand Chhabria ceased to be Additional Director on 29 Sep 2017.
10 earlier events are in the company report.
News
Frequently asked questions
Wadhwa Realty 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 28 April 2003 (23+ years old) and is registered under CIN U45201MH2003PTC140194.
Wadhwa Realty has 2 current directors:
- Navin Amarlal Makhija - Director
- Manohar Moolchand Chhabria - Director
The latest financial statements of Wadhwa Realty on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wadhwa Realty is 27AADCP3797M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wadhwa Realty is U45201MH2003PTC140194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wadhwa Realty has 16 court cases on record: 2 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
Wadhwa Realty was incorporated on 28 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Manohar Moolchand Chhabria ceased to be Additional Director on 29 Sep 2017. Manohar Moolchand Chhabria was appointed as Director on 01 Apr 2017. Vijay Vasudev Wadhwa ceased to be Director on 01 Apr 2017. Wadhwa Realty has 13 board changes on record in total.
Wadhwa Realty can be reached through the website thewadhwagroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Wadhwa Realty is at 301 Platina Plot No. C – 59 G Block, Bandra Kurla Complex Bandra E, Mumbai, Maharashtra, India – 400098.