Key Metrics of Bangalore Housing Dev And Inv
About Bangalore Housing Dev And Inv
Sectors
Company details
Operational Areas of Bangalore Housing Dev And Inv
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 09 Oct 2026 | ICRA | Reaffirmed | BBB+ | — | Stable | ₹140 Cr | View |
Credit strengths (ICRA, Oct 2026)
+ Healthy occupancy levels; adequate debt protection metrics
The firm operates a commercial office project of 2.0 lsf and witnessed a sustained 100% occupancy levels since November 2022, with a reputed tenant, Reliance Projects and Property Management Services Limited (RPPMSL).
+ Favourable location of the project along with established track record of the Group
The project is located on Bannerghatta Road, Bengaluru and benefits from connectivity to key commercial and residential catchments of the city.
Credit challenges
− Exposure to tenant concentration and asset concentration risks
The rating remains constrained by the high tenant concentration risk, with a single tenant occupying the entire leasable area.
− Vulnerability in debt coverage metrics due to changes in interest rates and occupancy levels
The firm remains exposed to the inherent cyclicality in the real estate industry and is susceptible to external factors.
Could lead to an upgrade
ICRA could upgrade the rating in case of a diversification in tenant profile and significant improvement in cash flows leading to improvement in leverage and coverage indicators.
Could lead to a downgrade
A significant decline in occupancy levels and/or increase in indebtedness impacting the debt protection metrics and/or significant withdrawals from partners adversely impacting the
Agency-reported financials (ICRA, 09 Oct 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹31.40 Cr | ₹31.50 Cr |
| PAT | ₹4.50 Cr | ₹4.20 Cr |
| OPBDIT/OI | 63.8% | 59.4% |
| PAT/OI | 14.3% | 13.3% |
| Total outside liabilities/Tangible net worth (times) | 2.00× | 1.90× |
| Total debt/OPBDIT (times) | 7.60× | 8.20× |
| Interest coverage (times) | 1.50× | 1.50× |
| Revenue growth (YoY) | — | 0.3% |
| EBITDA (margin × income) | ₹20.03 Cr | ₹18.71 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹152 Cr | ₹153 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹13.35 Cr | ₹12.47 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund-based – Term loan | Term loans | ₹140 Cr | ₹140 Cr | 0.0% | BBB+ (Stable) | Reaffirmed | ICRA |
Debt instruments
| ISIN | Instrument | Type | Coupon | Issued | Maturity | Amount | Rating | Status |
|---|---|---|---|---|---|---|---|---|
| — | Fund based FY | Working capital & bank lines | — | — | 08 Nov 2023 | ₹140 Cr | BBB+ | Matured |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 51% |
| Information on file | 44% · missing: Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 51% chance the next rating action is stable or better
- Current rating BBB+ (investment grade)
- Interest coverage 1.5×
Rated limits by facility
Timeline
From the report
Liquidity position: Adequate As on March 31, 2026, the firm has free cash of Rs. 0.12 crore and liquid investments of ~Rs. 17.8 crore.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Bangalore Housing Dev And Inv
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Reliance Infrastructure Limited |
Real Estate & Infrastructure · Community, personal and Social Services | rinfra.com | 2002 | Mumbai, Maharashtra, India |
 KEC International |
Discovered Companies · Other Industries | kecrpg.com | 1945 | Mumbai, India |
| NCC Limited | Discovered Companies · Other Industries | — | — | Hyderabad, Telangana, India |
| Lodha Developers Limited | · Construction | — | — | Mumbai, Maharashtra, India |
 Ircon International Limited |
Real Estate & Infrastructure · Real Estate & Construction | ircon.org | — | New Delhi, Delhi, India |
| Dilip Buildcon Limited | · Construction | — | — | Bhopal, Madhya Pradesh, India |
| G R Infraprojects Limited | · Construction | — | — | Ahmedabad, Gujarat, India |
 DLF Limited |
Real Estate & Infrastructure · Real Estate & Construction | dlf.in | 1946 | Gurgaon, India |
| Sterling And Wilson Renewable Energy Limited | Renewable Power · Oil, Gas & Energy | — | — | Mumbai, Maharashtra, India |
 GMR Power And Urban Infra Limited |
Part of GMR Group. | gmrpui.com | — | Gurgaon, Haryana, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.