Sushila Developers Private Limited
About Sushila Developers Private Limited
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Sushila Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 09 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1994PTC082771.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Dungarshi Nishar and Govind Murji Patel.
Its last annual general meeting (AGM) was held on 18 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.67 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹70,470 (net margin -15.1%) and EBITDA of -₹70,470 (EBITDA margin -15.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social MediaLocked
- Registered AddressGround Floor Matunga Municiple Market Matunga Labour Camp Maharshi Valmiki Marg Matu, Nga, Mumbai, Maharashtra, India – 400019
- IndustryFinancial Services, Real Estate Financing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Sushila Developers Private Limited
The main business activity of Sushila Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sushila Developers Private Limited FY 2023 filings available
Sushila Developers Private Limited reported revenue of ₹4.67 Lakh (up 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sushila Developers Private Limited
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA fell 546% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Sushila Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹70,470 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,470 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sushila Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sushila Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sushila Developers Private Limited
Sushila Developers Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Talent4assure Assessment Services Private Limited | ₹4.69 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Delhi, India |
| Gold Knight Exim Private Limited | ₹4.69 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Jaipur, Rajasthan, India |
| C.V.S.Builders Private Limited | ₹4.69 Lakh (FY 2022) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Satchandi Merchandise Private Limited | ₹4.68 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
| Utkal Laxmi Rice Mill Pvt Ltd | ₹4.68 Lakh (FY 2024) | •••• | •••• | •••• | Bolangir, Odisha, India | |
| Sushila Developers Private Limited this company | ₹4.67 Lakh (FY 2023) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Somani Bhoodhan Private Limited | ₹4.67 Lakh (FY 2021) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Lavendar Vyapaar Private Limited | ₹4.66 Lakh (FY 2025) | •••• | •••• | 3891.0% | •••• | Kolkata, West Bengal, India |
| Sunlight Fabricators Private Limited | ₹4.65 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Moneybloom Investments Limited | ₹4.65 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Rabindra Sarobar Properties Pvt Ltd | ₹4.65 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sushila Developers by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sushila Developers Private Limited
Sushila Developers Private Limited is audited by ANIL B SHETTY & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL B SHETTY & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sushila Developers Private Limited
Sushila Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dungarshi Nishar | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Mohd Abulaish Shaikh Also directs: Af Garments Private Limited | Additional Director | 15 Dec 2023 | 2 Years 9 Months | Current |
| Govind Murji Patel | Director | 25 Nov 2025 | 0 Years 10 Months | Current |
Ownership and Shareholding of Sushila Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sushila Developers Private Limited
Sushila Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sushila Developers Private Limited
Employment history and EPFO contributions of people linked to Sushila Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sushila Developers Private Limited
Sushila Developers Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Govind Murji Patel was appointed as Director on 25 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sushila Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sushila Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sushila Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sushila Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sushila Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sushila Developers Private Limited
Sushila Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 09 November 1994 (32+ years old) and is registered under CIN U70101MH1994PTC082771.
Sushila Developers reported revenue of ₹4.67 Lakh for FY 2023 (up 28% YoY).
Sushila Developers has 3 current directors:
- Ramesh Dungarshi Nishar - Director
- Mohd Abulaish Shaikh - Additional Director
- Govind Murji Patel - Director
Sushila Developers reported a net loss of ₹70,470 (net margin -15.1%) and EBITDA of -₹70,470 (EBITDA margin -15.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sushila Developers is 13% over three years and -5% over five years. In the latest year (FY 2023) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sushila Developers is U70101MH1994PTC082771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sushila Developers was incorporated on 09 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sushila Developers by revenue are Talent4assure Assessment Services Private Limited, Gold Knight Exim Private Limited, C.V.S.Builders Private Limited, Satchandi Merchandise Private Limited, Utkal Laxmi Rice Mill Pvt Ltd and 5 more, all in the BFSI industry (Real Estate Leasing).
Govind Murji Patel was appointed as Director on 25 Nov 2025. Mohd Abulaish Shaikh was appointed as Additional Director on 15 Dec 2023. Chirag Amarshi Nishar ceased to be Additional Director on 30 Sep 2019. Sushila Developers has 6 board changes on record in total.
The registered office of Sushila Developers is at Ground Floor Matunga Municiple Market Matunga Labour Camp Maharshi Valmiki Marg Matu, Nga, Mumbai, Maharashtra, India – 400019.
Sushila Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.