Tiwacon Developers Private Limited
About Tiwacon Developers Private Limited
Data last updated:
Tiwacon Developers Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 18 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70102MP2014PTC032392. Its GSTIN is 23AAECT9386R1ZD (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Tiwari and Akshaya Tiwari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/Ba Slice No. 6 Scheme No. 78, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹7.67 Lakh (net margin 4.7%) and EBITDA of ₹13.01 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2/Ba Slice No. 6 Scheme No. 78, Indore, Madhya Pradesh, India – 452010
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
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Business Activity of Tiwacon Developers Private Limited
The main business activity of Tiwacon Developers is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | 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 Tiwacon Developers Private Limited FY 2025 filings available
Tiwacon Developers Private Limited reported revenue of ₹1.65 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tiwacon Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 4% 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 Tiwacon Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹13.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.67 Lakh | •••• | •••• | •••• | •••• |
| 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 Tiwacon Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Tiwacon 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 Tiwacon Developers Private Limited
Tiwacon Developers Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prabal Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Pushpa Foods and Processing Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Satna, Madhya Pradesh, India |
| Verzon Hospitality Limited | ₹1.65 Cr (FY 2018) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Wiff Waff Hospitality Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Himalayan Resorts Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Dehradun, Uttarakhand, India |
| Tiwacon Developers Private Limited this company | ₹1.65 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Indore, Madhya Pradesh, India |
| Faria Hospitality Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | Mapusa, Goa, India |
| R B Brothers Plantation Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Tinsukia, Assam, India |
| Vaasvik Hospitality Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | Hyderabad, Telangana, India |
| Spright Hotels Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Udaipur, Rajasthan, India |
| Kanaka Star Food and Hospitality Services Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 3412.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Tiwacon Developers by revenue in the Consumer Services industry (Hotels), 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 Tiwacon Developers Private Limited
Tiwacon Developers Private Limited is audited by PAWAN MANDOWARA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PAWAN MANDOWARA & 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 Tiwacon Developers Private Limited
Tiwacon Developers has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Tiwari | Director | 22 Feb 2014 | 12 Years 7 Months | Current |
| Akshaya Tiwari | Director | 18 Feb 2014 | 12 Years 7 Months | Current |
| Subhash Tiwari | Director | 22 Feb 2014 | 12 Years 7 Months | Current |
| Ankur Tiwari | Director | 24 Mar 2021 | 5 Years 6 Months | Current |
| Abhishek Tiwari | Director | 18 Feb 2014 | 12 Years 7 Months | Current |
Ownership and Shareholding of Tiwacon 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 Tiwacon Developers Private Limited
Tiwacon Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tiwacon Developers Private Limited
Tiwacon Developers Private Limited has a workforce of 5 employees as of Apr 08, 2024.
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 Tiwacon Developers Private Limited
Tiwacon Developers Private Limited has 5 board changes on record since 2014: 5 appointments. The latest: Ankur Tiwari was appointed as Director on 24 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Tiwacon 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 Tiwacon 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 Tiwacon 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 Tiwacon Developers Private Limited
Tiwacon Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECT9386R1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
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 Tiwacon 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 Tiwacon Developers Private Limited
Tiwacon Developers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 18 February 2014 (12+ years old) and is registered under CIN U70102MP2014PTC032392.
Tiwacon Developers reported revenue of ₹1.65 Cr for FY 2024 (up 1% YoY).
Tiwacon Developers has 5 current directors:
- Sanjay Tiwari - Director
- Akshaya Tiwari - Director
- Subhash Tiwari - Director
- Ankur Tiwari - Director
- Abhishek Tiwari - Director
Tiwacon Developers reported a net profit of ₹7.67 Lakh (net margin 4.7%) and EBITDA of ₹13.01 Lakh (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tiwacon Developers is 25% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tiwacon Developers is 23AAECT9386R1ZD, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tiwacon Developers is U70102MP2014PTC032392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiwacon Developers was incorporated on 18 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Tiwacon Developers by revenue are Prabal Private Limited, Pushpa Foods and Processing Private Limited, Verzon Hospitality Limited, Wiff Waff Hospitality Private Limited, Himalayan Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Ankur Tiwari was appointed as Director on 24 Mar 2021. Sanjay Tiwari was appointed as Director on 22 Feb 2014. Subhash Tiwari was appointed as Director on 22 Feb 2014. Tiwacon Developers has 5 board changes on record in total.
The registered office of Tiwacon Developers is at 2Ba Slice No. 6 Scheme No. 78, Indore, Madhya Pradesh, India – 452010.