Worthwhile Properties Private Limited
About Worthwhile Properties Private Limited
Data last updated:
Worthwhile Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2009PTC195569. Its GSTIN is 27AAACW8885C1ZZ (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Farokh Kekhushroo Banatwalla and Azim Faizullah Tapia.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Crescent Chambers 1st Floor Tamrind Lane Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.33 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹61.64 Lakh (net margin -11.6%) and EBITDA of -₹61.53 Lakh (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 10% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Worthwhile Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressCrescent Chambers 1st Floor Tamrind Lane Fort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Worthwhile 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 Worthwhile Properties 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 Worthwhile Properties Private Limited, buy the company report.
Financials of Worthwhile Properties Private Limited
FY 2024 filings availableWorthwhile Properties Private Limited reported revenue of ₹5.33 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 35% growth in the latest year. EBITDA rose 11% 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 | -₹61.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.64 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 | -11.5% | ||||
| Net Profit Margin | -11.6% | ||||
| 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 Worthwhile Properties Private Limited, buy the company report.
Board of directors of Worthwhile Properties Private Limited
Worthwhile Properties has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farokh Kekhushroo Banatwalla | Director | 15 Apr 2012 | 14 Years 6 Months | Current |
| Azim Faizullah Tapia | Director | 12 Apr 2021 | 5 Years 7 Months | Current |
| Javed Faizullah Tapia | Director | 08 Sep 2009 | 17 Years 2 Months | Current |
Auditor
Worthwhile Properties Private Limited is audited by C N K P D KUDVA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K P D KUDVA & CO | FY 2018 | 105396W |
Shareholding
The shareholding of Worthwhile Properties Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Worthwhile Properties Private Limited, buy the company report.
Legal cases
Worthwhile Properties Private Limited has 2 court cases on record: 2 filed by Worthwhile Properties. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Worthwhile 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
No delayed payments to MSME suppliers are on our record for Worthwhile Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Worthwhile Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW8885C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Worthwhile Properties Private Limited, buy the company report.
Recent activity
Worthwhile Properties Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Azim Faizullah Tapia ceased to be Additional Director on 12 Nov 2021.
Frequently asked questions
Worthwhile 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 08 September 2009 (17+ years old) and is registered under CIN U70102MH2009PTC195569.
Worthwhile Properties has 3 current directors:
- Farokh Kekhushroo Banatwalla - Director
- Azim Faizullah Tapia - Director
- Javed Faizullah Tapia - Director
The latest financial statements of Worthwhile Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Worthwhile Properties is 27AAACW8885C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Worthwhile Properties is U70102MH2009PTC195569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Worthwhile Properties has 2 court cases on record: 2 filed by the company. 2 are pending.
Worthwhile Properties was incorporated on 08 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Azim Faizullah Tapia ceased to be Additional Director on 12 Nov 2021. Azim Faizullah Tapia was appointed as Director on 12 Apr 2021. Farokh Kekhushroo Banatwalla ceased to be Additional Director on 24 Sep 2012. Worthwhile Properties has 5 board changes on record in total.
The registered office of Worthwhile Properties is at Crescent Chambers 1st Floor Tamrind Lane Fort, Mumbai, Maharashtra, India – 400023.
Worthwhile Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
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.
