Mahindra Happinest Developers Limited - Due diligence report

A 360° intelligence report on Mahindra Happinest: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2017-09-06 Mumbai, Maharashtra Active Unlisted Active Compliant
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MH Mahindra Happinest Developers Limited
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Mahindra Happinest — 360° Intelligence Report

Generated from MCA filings & public records
64/100
Trust Score
Moderate

Mahindra Happinest is assessed as Moderate with a Trust Score of 64/100. Mahindra Happinest is an active public limited indian non-government company incorporated in 2017, operating in the Real Estate and Construction sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 15 Jul 2026 from the latest processed filings. Mahindra Happinest Developers Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Profitable - internal accruals available.
  • Externally credit-rated (AA-).

Charges position: 1 open (42.00 cr) · 1 satisfied (80.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 80/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
SRIRAM KUMAR 01234567 Director 01/04/2018 6 yrs Approved
AMIT KUMAR SINHA 01234567 Director 01/04/2018 6 yrs Approved
AMRITA VERMA CHOWDHURY 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 4 director exits in 3 years - high churn.
06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Mahindra Lifespace Developers Limited
Subsidiaries
-
Group entities
-
Capital events
5 allotment(s) · 2 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Mahindra Lifespace Developers Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Profit expanded 1.42 year-on-year.
Net margin improved to 2.1x.
EPFO headcount growing - hiring signal.
Operating for 8 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
3 director exits within 2 years.
1 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment55/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 42.00 cr already registered.
  • Compliance record supports lending.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
04 Dec 2025
Director appointed
SRIRAM KUMAR (Additional Director)
Director ceased
SRIRAM KUMAR
17 Jul 2025
Last AGM held
Annual general meeting
16 Jul 2025
Director ceased
AMRITA VERMA CHOWDHURY
31 Mar 2025
Latest balance sheet
Filed with ROC
04 Sep 2024
Director appointed
AMRITA VERMA CHOWDHURY (Director)
18 Jul 2024
Director ceased
AVINASH ASHOK BAPAT
19 Jul 2023
Director ceased
AMIT KUMAR SINHA
18 Apr 2023
Director appointed
AMIT KUMAR SINHA (Director)
18 Nov 2022
Charge satisfied
Others
29 Sep 2022
Director ceased
ARUN KUMAR NANDA
19 Jul 2022
Director ceased
AMEET PRATAPSINH HARIANI
22 Jul 2021
Director ceased
VIMAL AGARWAL
31 Mar 2021
Share transfer (FY 2021)
2.00000000 shares to Mahindra Lifespace Developers Limited and Vaibhav Mittal
18 Jan 2021
Charge created
Hdfc Bank Limited - 42.00 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of AA- from Indiarating.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Doyen Constructions Private Limited U45200TG1989PTC010110 Hyderabad, Telangana, India
Sanjay Constructions Private Limited U45201KA2007PTC043063 Bangalore, Karnataka, India
Fusion Building Materials (Vizag) Private Limited U74999AP2017PTC107080 Ongole, Andhra Pradesh, India
Arjunvaishnavi Infrastructure & Developers Private Limited U74999KA2017PTC099248 Dharwad, Karnataka, India
Sterling Buildcon Private Limited U45200MH2005PTC153466 Mumbai, Maharashtra, India
Dlf Southern Towns Private Limited U45201HR2006PTC102641 Gurugram, Haryana, India
Viana Homes Private Limited U45200TG2016PTC111273 Hyderabad, Telangana, India
Ozone Infra Developers Private Limited U45201KA2009PTC050762 Bangalore North, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Mahindra Happinest before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mahindra Happinest: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 90/100, margin trends, ownership structure and peer set for Mahindra Happinest - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Mahindra Happinest pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Mahindra Happinest - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mahindra Happinest an active company?

Mahindra Happinest has MCA status “Active” with a compliance score of 80/100 (Low Risk).

Is Mahindra Happinest financially healthy?

Mahindra Happinest has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Mahindra Happinest?

Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mahindra Happinest?

The ultimate holding entity is Mahindra Lifespace Developers Limited. 3 active director(s) are on record.

Does Mahindra Happinest have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Mahindra Happinest up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).

Is it risky to lend to Mahindra Happinest?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.