Hardev Construction Pvt Ltd

Key Metrics of Hardev Construction Pvt Ltd

Revenue₹154 Cr▲ 2.2% YoYFY 2024-25

EBITDA₹21.8 Cr▲ 10.1% YoY

Net profit₹12.3 Cr▲ 13.8% YoY

Net worth—

Competitors10identified

About Hardev Construction Pvt Ltd

Sectors

Real Estate & ConstructionReal Estate & Infrastructure

Company details

Registered office: 8/2a, Garcha 2nd Lane, Kolkata, In-wb, 700019

Operational Areas of Hardev Construction Pvt Ltd

Real Estate & Construction›Real Estate & Infrastructure

Company summary

Entity details

CINU70101WB1994PTC064773

LEI code335800IDQHQF7LH74358

State codeWB

PIN code700019

Current legal nameHARDEV CONSTRUCTION PVT LTD

Classification—

Listing statusUnlisted

Registration no.064773

Company age—

PAN—

CountryIndia

CityKolkata

StateWest Bengal

Current statusActive

Date of incorporation—

Registrar of companies—

Authorised capital—

Paid-up capital—

Employee count—

Compliance

Last AGM date—

Last balance sheet—

Next filing dueAOC-4 for FY 2025-26 · 30 Oct 2026

Industry classification

NIC code70101

Description of main activityReal estate activities

Description of business activityReal estate activities

SectorReal Estate & Construction · Real Estate & Infrastructure

Premium

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 & pricing

Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date · 2 days left

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 32 days left

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

Sign in with access to company financials to review vendor evidence.

Credit ratings

ICRA · 15 Oct 2026 ICRA B+ Stable outlook · Short term A4 · Non-cooperating

Change in last 12 months—

Change since first rating on record—since Oct 2026

Rating actions10 up · 0 down

WatchIssuer not cooperating with ICRA (rating based on limited information)

Rating history

Rating actions

Date	Agency	Action	Long term	Short term	Outlook	Rated amount	Rationale
15 Oct 2026	ICRA	Non-cooperating	B+	A4	Stable	₹98.5 Cr	View

Agency-reported financials (ICRA, 15 Oct 2026)

Metric	FY2024	FY2025
Operating income	₹150 Cr	₹154 Cr
PAT	₹10.79 Cr	₹12.28 Cr
OPBDITA/OI	13.2%	14.2%
PAT/OI	7.2%	8.0%
Total debt/OPBDITA (times)	2.11×	2.29×
Interest coverage (times)	5.02×	5.01×
Revenue growth (YoY)	—	2.2%
EBITDA (margin × income)	₹19.80 Cr	₹21.81 Cr
Implied total debt (debt/EBITDA × EBITDA)	₹41.78 Cr	₹49.94 Cr
Implied interest cost (EBITDA ÷ coverage)	₹3.94 Cr	₹4.35 Cr

Borrowings & rated debt

Rated borrowing limits (latest)₹98.5 Cr

Limits raised0 times0 new facilities rated

Facility mix

Rated facilities

Facility	Type	Previous	Current	Change	Rating	Action	Agency
ISSUER NOT Long Term-Fund continues to Based-Others	Working capital & bank lines	₹10.5 Cr	₹10.5 Cr	0.0%	B+ (Stable)	Other	ICRA
remain under ‘ ’ Short Term-Non Fund Based continues to remain under ‘Issuer	Non-fund based limits	₹88.0 Cr	₹88.0 Cr	0.0%	A4	Non-cooperating	ICRA

Credit assessment · Manufacturing

Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2024-25

Indicative long-term—

Indicative short-term—

Score—

LiquidityAdequate

DirectionStableAgency outlook: Stable

ICRA rating · Oct 2026B+9 notches below indicative

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

Default	No default on record
Issuer cooperation	Not cooperating since 15 Oct 2026 (0 months)
Credit enhancement	None – standalone rating
Next action stable or better (model)	41%
Information on file	22% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Liquidity position, 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

⬇ PDF report ⬇ Excel

Can it borrow more?Further bank funding difficult Next rating action stable or better: 41% (At risk of downgrade) · ML model on 4072 rating histories, AUC 0.666

Rated limits₹98.50 Cr

Not yet allocated—

Extra debt within 2.5× EBITDA—

Interest coverage5.01×

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 41% chance the next rating action is stable or better
Current rating B+ (below investment grade)
Interest coverage 5.01×
Issuer not cooperating with the rating agency

Rated limits by facility

Timeline

15 Oct 2026 ICRA non-cooperating: B+ (Stable)Rated limits ₹98.5 cr ICRA rationale

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.

Competitors of Hardev Construction Pvt Ltd