Ashwatha Contracts Private Limited
About Ashwatha Contracts Private Limited
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Ashwatha Contracts Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74930KA2008PTC046122. Its GSTIN is 29AAGCA9893G1Z1 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radhakrishna Venkiteswara Sait and Nithin Shetty.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.H 2nd Floor Devamanasam Sunrise Villas Near Smart Retail Bellandur Orr, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.56 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹24.72 Lakh (net margin -15.8%) and EBITDA of -₹11.48 Lakh (EBITDA margin -7.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashwatha Contracts Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.H 2nd Floor Devamanasam Sunrise Villas Near Smart Retail Bellandur Orr, Bangalore, Karnataka, India – 560037
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashwatha Contracts Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ashwatha Contracts is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ashwatha Contracts Private Limited, buy the company report.
Financials of Ashwatha Contracts Private Limited
FY 2022 filings availableAshwatha Contracts Private Limited reported revenue of ₹1.56 Cr (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 43% growth in the latest year. EBITDA fell 499% 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
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| EBITDA | -₹11.48 Lakh | ||||
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| Net Profit (PAT) | -₹24.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -7.3% | ||||
| Net Profit Margin | -15.8% | ||||
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To see the full financial statements and ratios of Ashwatha Contracts Private Limited, buy the company report.
Board of directors of Ashwatha Contracts Private Limited
Ashwatha Contracts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishna Venkiteswara Sait | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Nithin Shetty | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Ashwatha Contracts Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akshaya Infratech Private Limited | ₹1.56 Cr (FY 2024) | 794.0% | Hyderabad, Telangana, India | |||
| Ashwatha Contracts Private Limitedthis company | ₹1.56 Cr (FY 2022) | -₹24.72 Lakh | -15.8% | 43.0% | 12 | Bangalore, Karnataka, India |
| Swastik Villas Private Limited | ₹1.56 Cr (FY 2024) | -15.0% | Jalpaiguri, West Bengal, India | |||
| Roadside Infrabuild Private Limited | ₹1.56 Cr (FY 2025) | 41.0% | Lucknow, Uttar Pradesh, India | |||
| Hitawala Constructions Private Limited | ₹1.56 Cr (FY 2024) | -17.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Ashwatha Contracts Private Limited, buy the company report.
Auditor
Ashwatha Contracts Private Limited is audited by R NATARAJAN AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R NATARAJAN AND CO | FY 2019 | 009973S |
Shareholding
The shareholding of Ashwatha Contracts Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
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| Public | |||
| Others |
To see the full shareholding pattern of Ashwatha Contracts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashwatha Contracts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashwatha Contracts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashwatha Contracts Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ashwatha Contracts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA9893G1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwatha Contracts Private Limited, buy the company report.
Recent activity
Ashwatha Contracts Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Nithin Shetty was appointed as Director on 21 Apr 2008.
Frequently asked questions
Ashwatha Contracts is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 April 2008 (18+ years old) and is registered under CIN U74930KA2008PTC046122.
Ashwatha Contracts has 2 current directors:
- Radhakrishna Venkiteswara Sait - Director
- Nithin Shetty - Director
The latest financial statements of Ashwatha Contracts on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwatha Contracts is 29AAGCA9893G1Z1, registered in Karnataka. 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 Ashwatha Contracts is U74930KA2008PTC046122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwatha Contracts was incorporated on 21 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ashwatha Contracts by revenue are Akshaya Infratech Private Limited, Swastik Villas Private Limited, Roadside Infrabuild Private Limited, Hitawala Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nithin Shetty was appointed as Director on 21 Apr 2008. Radhakrishna Venkiteswara Sait was appointed as Director on 21 Apr 2008.
The registered office of Ashwatha Contracts is at No.H 2nd Floor Devamanasam Sunrise Villas Near Smart Retail Bellandur Orr, Bangalore, Karnataka, India – 560037.
Ashwatha Contracts operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Ashwatha Contracts is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.