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Ghv (India)
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Registered Details

GHV (INDIA) PRIVATE LIMITED

All Companies ›

Maharashtra ›

Construction ›

Active

Updated: 13 Aug 2026

GHV (India) Private Limited is a leading engineering and construction company that specializes in providing innovative solutions for infrastructure development across India. It offers a wide range of services including project management, construction, and consultancy in sectors such as transportation, water supply, and urban development, aimed at enhancing the quality of life and economic growth in the regions it serves.

Ghv (India) Private Limited, is an unlisted private company incorporated on 20 October, 2009. It is classified as a private limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 25.00 cr and the total paid-up capital is INR 8.50 cr.

Subscription Plans

Industry and products

Construction

dams, parking bays, runways, roads, hotels, bridges

Company size

Auth Capital

₹ 25.0 Cr

Paidup Capital

₹ 8.5 Cr

Revenue

₹ 2250-2500 cr

Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue

-29.4%

₹ 2,380.3

EBITDA

-37.79%

₹ 211.0

Net Profit

-54.82%

₹ 77.1

Networth

10.82%

₹ 807.1

Borrowings

58.97%

₹ 842.8

Assets

43.58%

₹ 2,598.5

Gross Margin

6.88

62.1 %

Operating Margin

-1.16

8.9 %

Net Profit Margin

-1.82

3.2 %

Return on Equity

-13.89

9.6 %

ROCE

-26.9

31.1 %

Debt to Equity

0.31

1.0

Sales

Mar 2025

Net worth

Mar 2025

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₹ 799
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** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.

Locations

India (7)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Farooq Husenbhai Vijapura Shareholder	00090209	4 years
Director	Shafimohammadbhai Vijapura	00090129	17 years
Director	Mustakali Husenbhai Vijapura	00090258	17 years
Director	Jitendra Vyas Nanduprasad	07971797	8 years
Director	Pankajkumar Popatlal Shah	06709375	9 years
Director	Jahidmohmed Husenbhai Vijapura Shareholder	00090328	17 years
Director	Rayappan Kannan	09787182	4 years
Director	Aalok Anandmani	06605577	4 years

Financial Highlights

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	906.0	1,610.8	3,093.1	3,360.9	2,362.0
Operating profit	117.5	185.7	293.3	339.1	211.0
Net profit	40.0	89.9	157.3	170.7	77.1
Gross margin	68.9	68.0	59.7	55.2	62.1
Operating margin	13.0	11.5	9.5	10.1	8.9
Net margin	4.4	5.6	5.1	5.1	3.2
Networth	310.8	400.4	557.1	728.3	807.1
Borrowings	125.4	380.5	379.3	530.1	842.8
Assets	716.8	1,188.2	1,597.1	1,809.8	2,598.5
Debt to equity	0.4	0.9	0.7	0.7	1.0
Current ratio	1.6	1.3	1.2	1.4	1.3
ROE	12.9	22.4	28.2	23.4	9.6
Days payable	207.0	218.0	160.0	110.0	200.0
WC days	86.0	45.0	25.0	40.0	68.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8.5	8.5	8.5	8.5	8.5
Reserves	302.3	391.9	548.6	719.8	798.6
Borrowings +	125.4	380.5	379.3	530.1	842.8
Long term borrowings	7.8	123.9	50.2	28.4	16.4
Short term borrowings	117.6	256.6	329.1	501.7	826.3
Trade payables +	159.8	308.7	547.6	452.9	491.0
Days payable	207.0	218.0	160.0	110.0	200.0
Other liabilities +	120.7	98.6	113.1	98.5	457.7
Other non-current liabilities	16.9	24.8	23.4	24.3	77.1
Other current liabilities	103.7	73.8	89.7	74.2	380.6
Total liabilities	716.8	1,188.2	1,597.1	1,809.8	2,598.5
Fixed Assets +	97.5	158.6	168.7	148.0	115.6
Tangible assets	94.8	158.6	168.7	148.0	115.6
CWIP	-	-	-	-	-
Intangible assets	2.7	-	-	-	-
LT loans and advances	-	-	-	-	-
Other non-current assets	24.5	192.5	246.2	262.2	342.1
Current assets +	594.7	837.1	1,182.2	1,399.7	2,140.9
Inventories	46.1	34.7	103.5	115.6	167.9
Trade receivables	287.8	450.9	329.9	458.1	628.0
Cash and cash equivalents	37.6	16.1	8.1	18.1	80.6
ST loans and advances	14.4	0.3	131.7	233.4	284.6
Other current assets	208.8	335.2	609.0	574.5	979.8
Total assets	716.8	1,188.2	1,597.1	1,809.8	2,598.5

Percentage of assets	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1.19	0.72	0.53	0.47	0.33
Reserves	42.18	32.98	34.35	39.77	30.73
Borrowings +	17.5	32.02	23.75	29.29	32.43
Long term borrowings	1.09	10.43	3.14	1.57	0.63
Short term borrowings	16.41	21.59	20.61	27.72	31.8
Trade payables	22.3	25.98	34.29	25.03	18.9
Other liabilities +	39.14	34.28	41.37	30.47	36.51
Other non-current liabilities	2.36	2.08	1.47	1.34	2.97
Other current liabilities	14.47	6.21	5.62	4.1	14.65
Total liabilities
Fixed Assets +	13.61	13.35	10.56	8.18	4.45
Tangible assets	13.23	13.35	10.56	8.18	4.45
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	0.38	0.0	0.0	0.0	0.0
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	3.42	16.2	15.42	14.49	13.16
Current assets +	82.97	70.45	74.02	77.34	82.39
Inventories	6.43	2.92	6.48	6.39	6.46
Trade receivables	40.15	37.94	20.66	25.31	24.17
Cash and cash equivalents	5.24	1.35	0.51	1.0	3.1
ST loans and advances	2.02	0.03	8.25	12.9	10.95
Other current assets	29.13	28.21	38.13	31.74	37.7
Total assets

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8.5	8.5	8.5	8.5	8.5
Reserves	310.1	392.3	560.9	762.2	848.5
Borrowings +	125.6	337.9	596.4	1,188.7	1,762.8
Long term borrowings	7.8	127.3	323.5	677.7	869.3
Short term borrowings	117.8	210.6	272.9	511.1	893.5
Trade payables +	194.6	309.4	547.8	454.4	493.4
Days payable	252.0	218.0	160.0	110.0	201.0
Other liabilities +	153.3	179.8	174.5	126.9	319.7
Other non-current liabilities	15.4	25.4	25.1	27.2	77.1
Other current liabilities	137.9	154.3	149.4	99.7	242.6
Total liabilities	792.1	1,227.8	1,888.1	2,540.7	3,432.9
Fixed Assets +	99.4	160.3	168.8	148.8	116.3
Tangible assets	96.3	160.0	168.8	148.0	115.6
CWIP	-	-	-	-	-
Intangible assets	3.1	0.4	-	0.8	0.8
LT loans and advances	-	-	-	-	-
Other non-current assets	21.0	90.2	395.7	862.8	1,074.1
Current assets +	671.8	977.3	1,323.6	1,529.1	2,242.6
Inventories	46.2	34.7	103.6	115.8	168.1
Trade receivables	318.4	450.9	308.6	367.4	544.2
Cash and cash equivalents	39.2	17.2	13.7	72.7	95.5
ST loans and advances	17.8	4.4	104.1	157.2	199.3
Other current assets	250.2	470.1	793.7	816.0	1,235.4
Total assets	792.1	1,227.8	1,888.1	2,540.7	3,432.9

Percentage of assets	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1.07	0.69	0.45	0.33	0.25
Reserves	39.15	31.95	29.71	30.0	24.72
Borrowings +	15.86	27.52	31.59	46.79	51.35
Long term borrowings	0.98	10.37	17.13	26.67	25.32
Short term borrowings	14.87	17.15	14.46	20.12	26.03
Trade payables	24.57	25.2	29.01	17.88	14.37
Other liabilities +	43.92	39.84	38.26	22.88	23.69
Other non-current liabilities	1.94	2.07	1.33	1.07	2.25
Other current liabilities	17.42	12.57	7.91	3.92	7.07
Total liabilities
Fixed Assets +	12.54	13.06	8.94	5.86	3.39
Tangible assets	12.15	13.03	8.94	5.83	3.37
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	0.39	0.03	0.0	0.03	0.02
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	2.65	7.34	20.96	33.96	31.29
Current assets +	84.81	79.6	70.1	60.18	65.32
Inventories	5.83	2.83	5.49	4.56	4.9
Trade receivables	40.2	36.72	16.34	14.46	15.85
Cash and cash equivalents	4.95	1.4	0.72	2.86	2.78
ST loans and advances	2.24	0.36	5.51	6.19	5.81
Other current assets	31.59	38.29	42.04	32.12	35.99
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	906.0	1,610.8	3,093.1	3,360.9	2,362.0
Sales growth %	-0.12	77.79	92.03	8.66	-29.72
Expenses +	855.0	1,496.2	2,892.9	3,142.0	2,264.8
Cost of goods	281.6	516.0	1,246.3	1,506.3	896.0
Employee cost	34.9	52.8	70.7	72.3	60.5
Other costs	472.0	856.3	1,482.9	1,443.2	1,194.5
Operating profit +	117.5	185.7	293.3	339.1	211.0
Operating margin %	13.0	11.5	9.5	10.1	8.9
Other income	4.1	6.3	10.5	10.7	18.3
Interest	44.8	45.9	55.2	82.1	76.5
Depreciation	21.7	25.3	37.8	38.1	37.3
Exceptional items	-	-	-	-	-
Profit before tax	55.1	120.9	210.7	229.6	115.5
Tax	15.1	31.0	53.3	58.8	38.4
Profit - disc. ops	-	-	-	-	-
Net profit	40.0	89.9	157.3	170.7	77.1
Net margin %	4.4	5.6	5.1	5.1	3.2

Precentage of total income	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	99.55	99.61	99.66	99.68	99.23
Expenses +	93.95	92.52	93.21	93.19	95.15
Cost of goods	30.95	31.91	40.16	44.68	37.64
Employee cost	3.83	3.27	2.28	2.14	2.54
Other costs	51.86	52.95	47.78	42.8	50.18
Operating profit	12.91	11.48	9.45	10.06	8.86
Other income	0.45	0.39	0.34	0.32	0.77
Interest	4.92	2.84	1.78	2.44	3.22
Depreciation	2.38	1.56	1.22	1.13	1.57
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	6.05	7.48	6.79	6.81	4.85
Tax	1.66	1.92	1.72	1.74	1.61
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	4.39	5.56	5.07	5.06	3.24

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	1,125.9	1,623.7	3,136.3	3,458.9	2,475.6
Sales growth %	1.15	44.22	93.15	10.29	-28.43
Expenses +	1,075.6	1,508.9	2,923.8	3,206.9	2,371.7
Cost of goods	281.9	516.9	1,246.8	1,508.3	898.0
Employee cost	35.0	53.0	71.0	73.8	61.9
Other costs	692.1	860.7	1,492.9	1,457.8	1,220.4
Operating profit +	116.9	193.2	325.6	418.9	295.3
Operating margin %	10.4	11.9	10.4	12.1	11.9
Other income	4.1	6.9	11.8	11.3	22.3
Interest	44.8	52.8	75.0	128.8	154.1
Depreciation	21.8	25.5	38.2	38.2	37.3
Exceptional items	-	-	-	-	-
Profit before tax	54.4	121.8	224.2	263.2	126.3
Tax	15.1	31.7	56.9	67.4	40.3
Profit - disc. ops	-	-	-	-	-
Net profit	39.2	90.6	168.6	200.7	84.5
Net margin %	3.5	5.6	5.4	5.8	3.4

Precentage of total income	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	99.64	99.58	99.63	99.68	99.11
Expenses +	95.19	92.53	92.88	92.41	94.95
Cost of goods	24.95	31.7	39.61	43.47	35.95
Employee cost	3.1	3.25	2.25	2.13	2.48
Other costs	61.25	52.79	47.42	42.01	48.86
Operating profit	10.34	11.85	10.34	12.07	11.82
Other income	0.36	0.42	0.37	0.32	0.89
Interest	3.96	3.24	2.38	3.71	6.17
Depreciation	1.93	1.56	1.21	1.1	1.49
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	4.81	7.47	7.12	7.59	5.05
Tax	1.34	1.94	1.81	1.94	1.61
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	3.47	5.56	5.36	5.78	3.38

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Solvency +
Total Debt/Equity	0.4	0.9	0.7	0.7	1.0
Net Debt/Equity	0.3	0.9	0.7	0.7	0.9
Total Debt/Assets	0.2	0.3	0.2	0.3	0.3
Total Assets/Equity	2.3	3.0	2.9	2.5	3.2
Liquidity +
Current Ratio	1.6	1.3	1.2	1.4	1.3
Quick Ratio	1.4	1.3	1.1	1.2	1.2
Interest Coverage	2.6	4.0	5.3	4.1	2.8
Performance
Gross Margin	68.9	68.0	59.7	55.2	62.1
Operating Margin	13.0	11.5	9.5	10.1	8.9
Net Margin	4.4	5.6	5.1	5.1	3.2
Return +
Return on Equity	12.9	22.4	28.2	23.4	9.6
Pre-tax ROCE	30.8	45.0	66.4	58.0	31.1
Return on Assets	5.6	7.6	9.8	9.4	3.0
Pre-tax ROIC	24.0	21.0	27.5	24.3	11.1
Efficiency +
Days Payable	207.0	218.0	160.0	110.0	200.0
Days Inventory	60.0	25.0	30.0	28.0	68.0
Days Receivable	116.0	102.0	39.0	50.0	97.0
Fixed Asset Turnover	9.3	10.2	18.3	22.7	20.4
Total Asset Turnover	1.3	1.4	1.9	1.9	0.9
Working Capital
Cash Conversion Cycle	-31.0	-91.0	-91.0	-32.0	-35.0
Working Capital Days	86.0	45.0	25.0	40.0	68.0

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Solvency +
Total Debt/Equity	0.4	0.8	1.1	1.5	2.1
Net Debt/Equity	0.3	0.8	1.0	1.4	1.9
Total Debt/Assets	0.2	0.3	0.3	0.5	0.5
Total Assets/Equity	2.5	3.1	3.3	3.3	4.0
Liquidity +
Current Ratio	1.5	1.4	1.4	1.4	1.4
Quick Ratio	1.4	1.4	1.3	1.3	1.3
Interest Coverage	2.6	3.7	4.3	3.2	1.9
Performance
Gross Margin	75.0	68.2	60.2	56.4	63.7
Operating Margin	10.4	11.9	10.4	12.1	11.9
Net Margin	3.5	5.6	5.4	5.8	3.4
Return +
Return on Equity	12.3	22.6	29.6	26.0	9.9
Pre-tax ROCE	29.6	36.2	55.0	62.1	35.4
Return on Assets	5.0	7.4	8.9	7.9	2.5
Pre-tax ROIC	23.5	23.2	24.9	20.2	10.2
Efficiency +
Days Payable	252.0	218.0	160.0	110.0	201.0
Days Inventory	60.0	25.0	30.0	28.0	68.0
Days Receivable	103.0	101.0	36.0	39.0	80.0
Fixed Asset Turnover	11.3	10.1	18.6	23.2	21.3
Total Asset Turnover	1.4	1.3	1.7	1.4	0.7
Working Capital
Cash Conversion Cycle	-89.0	-92.0	-94.0	-43.0	-53.0
Working Capital Days	72.0	68.0	41.0	49.0	90.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
GHV PARK LLP	Active	50,000.0	2	Maharashtra
GHV REALTORS AND HOTELS PRIVATE LIMITED	Active	1.0 Cr	2	Maharashtra
GHV PETROCHEM INDIA PRIVATE LIMITED	Strike Off	5.0 L	2	Maharashtra
GHV POWER (INDIA) PRIVATE LIMITED	Active	10.0 L	2	Maharashtra
GHV PROJECTS PRIVATE LIMITED	Active	1.0 L	2	Gujarat
GHV DEVELOPERS LLP	Strike Off	50,000.0	2	Maharashtra
GHV HOTEL AND RESORT LLP	Active	10.0 L	2	Maharashtra
GHV HOTEL (INDIA) PRIVATE LIMITED	Active	2.2 Cr	1	Maharashtra
AML REALTIES PRIVATE LIMITED	Active	5.0 Cr	2	Maharashtra
ASSOCIATED MICROTECH LIMITED	Not available for efiling	0.0	2	Gujarat
GHV HOSPITALITY (INDIA) PRIVATE LIMITED	Active	3.0 Cr	1	Maharashtra
AYMAN ENTERPRISES LLP	Active	10.0 L	1	Maharashtra
KARMALA ROAD PROJECT PRIVATE LIMITED	Active	7.0 Cr	1	Gujarat
PANKAJ SHAH AND COHORT PRIVATE LIMITED	Active	1.0 L	1	Gujarat
STARWOOD RETREAT LLP	Active	1.0 L	1	Gujarat
NOVENA ASSOCIATES LLP	Active	1.0 L	1	Gujarat
VALIANT REALTY LLP	Active	1.0 L	1	Gujarat
YASHASHVII YASH VENTURES LLP	Active	1.0 L	1	Gujarat
BDHS ROAD PROJECT PRIVATE LIMITED	Active	10.0 L	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
AHMEDNAGAR BYPASS ROAD PROJECT PRIVATE LIMITED	India	-	-
AHMEDNAGAR GHOGARGAON ROAD PROJECTS PRIVATE LIMITED	Maharashtra	2021	₹ 9.0 Cr
BLUE OCEAN HOSPITALITY & INFRASTRUCTURE LLC	United States	-	-
UJJAIN GAROTH ROAD PROJECT PRIVATE LIMITED	Maharashtra	2022	₹ 8.9 Cr
BDHS ROAD PROJECT PRIVATE LIMITED	Maharashtra	2024	₹ 10.0 L
VATAMAN PIPALI ROAD PROJECT PRIVATE LIMITED	Maharashtra	2024	₹ 10.0 L
Blue Ocean Hospitality & Infrastructure LLC	United States	-	-

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

RECEIVABLES DETERIORATING
REVENUE BELOW AVERAGE

Low Risk

NET MARGIN DETERIORATING
ROCE DETERIORATING
REVENUE DECLINE

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U45202MH2009PTC196564

Incorporation

2009, 17.0 years

Company Email

info@ghvgroup.com

Paid up Capital

₹ 8.5 Cr

Authorised Capital

₹ 25.0 Cr

AGM

Nov 2025

Type

Private

Others

FAQ - GHV (INDIA) PRIVATE LIMITED

What is the incorporation date of GHV (INDIA) PRIVATE LIMITED?

The incorporation date of GHV (INDIA) PRIVATE LIMITED is 20 October, 2009

What is the authorized share capital of GHV (INDIA) PRIVATE LIMITED?

The authorized share capital of GHV (INDIA) PRIVATE LIMITED is INR ₹ 25.0 Cr.

What is the paid-up capital of GHV (INDIA) PRIVATE LIMITED?

The paid-up capital of GHV (INDIA) PRIVATE LIMITED is INR ₹ 8.5 Cr.

What is the registered address of GHV (INDIA) PRIVATE LIMITED?

The registered address of GHV (INDIA) PRIVATE LIMITED is 1ST FLOOR, AML CENTER 1, 8 MAHA KALI CAVES ROAD,AND HERI EAST MUMBAI Maharashtra - 400093

What is the CIN number of GHV (INDIA) PRIVATE LIMITED?

The CIN number of GHV (INDIA) PRIVATE LIMITED is U45202MH2009PTC196564.

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Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

GHV (INDIA) PRIVATE LIMITED

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