L & W Construction Private Limited

📍 Bangalore, Karnataka, India Active CIN U45201KA2006PTC039095 Real Estate & Construction

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Key Metrics of L & W Construction Private Limited

Revenue₹1,448 Cr▲ 1.4% YoYFY 2023-24

EBITDA₹62.3 Cr▲ 1.4% YoY

Net profit₹9.40 Cr▼ 52.3% YoY

Net worth—

Competitors10identified

About L & W Construction Private Limited

Sectors

Real Estate & ConstructionReal Estate & Infrastructure

Company details

Registered office: 801, 8th Floor, Pride Hulkul, No.116. Lalbagh Road, Bangalore, In-ka, 560027

Operational Areas of L & W Construction Private Limited

Real Estate & Construction›Real Estate & Infrastructure

Company summary

Entity details

CINU45201KA2006PTC039095

LEI code335800RID4PN7JPI3C60

State codeKA

PIN code560027

Current legal nameL & W CONSTRUCTION PRIVATE LIMITED

Classification—

Listing statusUnlisted

Registration no.039095

Company age—

PAN—

CountryIndia

CityBangalore

StateKarnataka

Current statusActive

Date of incorporation—

Registrar of companies—

Authorised capital—

Paid-up capital—

Employee count—

Compliance

Last AGM date—

Last balance sheet—

Next filing dueMGT-7 for FY 2025-26 · 29 Nov 2026

Industry classification

NIC code45201

Description of main activityConstruction

Description of business activityConstruction

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.

Filing compliance

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

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date passed

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 23 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

Credit ratings

ICRA · 31 Mar 2026 ICRA BB+ Stable outlook · Short term A4+ · Downgraded

Change in last 12 months—

Change since first rating on record—since Mar 2026

Rating actions10 up · 1 down

WatchDowngraded by ICRA on 31 Mar 2026 (from A)

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
31 Mar 2026	ICRA	Downgraded (from A)	BB+	A4+	Stable	₹1,900 Cr	View

Agency-reported financials (ICRA, 31 Mar 2026)

Metric	FY2023	FY2024
Operating income (Rs. crore)	₹1,428 Cr	₹1,448 Cr
PAT (Rs. crore)	₹19.70 Cr	₹9.40 Cr
OPBDIT/OI (%)	4.3%	4.3%
PAT/OI (%)	1.4%	0.7%
Total outside liabilities/Tangible net worth (times)	3.50×	2.80×
Total debt/OPBDIT (times)	0.70×	1.70×
Interest coverage (times)	2.60×	2.10×
Revenue growth (YoY)	—	1.4%
EBITDA (margin × income)	₹61.38 Cr	₹62.26 Cr
Implied total debt (debt/EBITDA × EBITDA)	₹42.97 Cr	₹106 Cr
Implied interest cost (EBITDA ÷ coverage)	₹23.61 Cr	₹29.65 Cr

Borrowings & rated debt

Rated borrowing limits (latest)₹1,900 Cr

Limits raised0 times0 new facilities rated

Facility mix

Rated facilities

Facility	Type	Previous	Current	Change	Rating	Action	Agency
Term loan ‘ ’	Term loans	₹70.0 Cr	₹70.0 Cr	0.0%	—	Downgraded	ICRA
Non-fund based Others	Non-fund based limits	₹1,830 Cr	₹1,830 Cr	0.0%	A2+	Downgraded	ICRA

Credit assessment · Construction (EPC contractors)

ICRA Rating Methodology – Construction (Oct 2024) · Standalone accounts · FY 2023-24

Indicative long-term—

Indicative short-term—

Score—

LiquidityStretched

DirectionStableAgency outlook: Stable

ICRA rating · Mar 2026BB+Matches indicative band

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

Rating status

Default	No default on record
Issuer cooperation	Not cooperating since 31 Mar 2026 (6 months) – investment grade cannot be retained
Credit enhancement	None – standalone rating
Next action stable or better (model)	77%
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: 42% (At risk of downgrade) · ML model on 6893 rating histories, AUC 0.653

Rated limits₹1,900 Cr

Not yet allocated—

Extra debt within 2.5× EBITDA—

Interest coverage2.10×

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 42% chance the next rating action is stable or better
Current rating BB+ (below investment grade)
Interest coverage 2.1×
Issuer not cooperating with the rating agency

Rated limits by facility

Timeline

31 Mar 2026 ICRA downgraded: BB+ (Stable)Rated limits ₹1,900 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.

Registered office and contact

Registered office801, 8TH FLOOR, PRIDE HULKUL, NO.116. LALBAGH ROAD, BANGALORE, IN-KA, 560027

GSTIN—

Email—

Website—

Members / shareholders—

Directors and key people

Directors are read from the MGT-7 annual return and AOC-4 signatories.

Competitors of L & W Construction Private Limited

Competitors10identified

Locations7most in Maharashtra

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.