Swathi Promoters

Visakhapatnam, India
Provides affordable residential plots and townships in Visakhapatnam, focusing on quality and trust.

About Swathi Promoters

Swathi Promoters is a Real Estate & Construction company based in Visakhapatnam (India). It provides affordable residential plots and townships in Visakhapatnam, focusing on quality and trust. It operates on a B2C and D2C model. The company has 2 employees. Its website swathipromoters.in draws about 681 thousand monthly visits. Its Indian entity Swathi Promoters Pvt Ltd reported revenue of β‚Ή57.39 Cr. Swathi Promoters offers products and services including Neeladhri Township, Nagarjuna Township, Luckie Township-I, Luckie Township-II, and RamaLingeswara Township. Its focus areas include Real Estate, Residential Development, Plots and Affordable Housing. Similar companies include Shriram Properties, Puravankara and VBHC; 2 of its 3 listed similar companies have raised funding.

Company details

Swathi Promoters is a real estate enterprise based in Visakhapatnam, Andhra Pradesh, India, specializing in developing and selling affordable residential plots and townships. They emphasize quality, trust, and value-for-money in their projects, aiming to deliver genuine products to customers through direct sales and community-focused initiatives. The company also engages in employment generation and corporate social responsibility activities, serving individual buyers seeking housing options.

Key Metrics
  • Annual Revenue
    ₹57.39 Cr

    FY 2024 · -11% YoY

  • Net Profit
    ₹2.06 Cr

    FY 2024 · 4% margin

  • EBITDA
    ₹4.85 Cr

    FY 2024 · 8% margin

  • Employee Count
    2

Products & Services of Swathi Promoters

Swathi Promoters offers a comprehensive portfolio of products and services, including Neeladhri Township, Nagarjuna Township, Luckie Township-I, Luckie Township-II, and RamaLingeswara Township.

Neeladhri Township
Residential Plots

Affordable plots for residential development in Visakhapatnam

Nagarjuna Township
Residential Plots

Residential project offering plots with quality infrastructure

Luckie Township-I
Residential Plots

Township for affordable housing and community living

Luckie Township-II
Residential Plots

Extension of township with plots for buyers

RamaLingeswara Township
Residential Plots

Plots focused on value-for-money residential options

Apps and channels of Swathi Promoters

its YouTube channel Swathi Promoters (P) Ltd has 23 subscribers.

Swathi Promoters (P) Ltd
YouTube 23 subscribers Other
Open channel

Board of directors of Swathi Promoters Pvt Ltd (Swathi Promoters)

Swathi Promoters Pvt Ltd is the primary company behind Swathi Promoters. The board of Swathi Promoters Pvt Ltd currently have 6 directors; the longest-serving is Ramesh Reddy Medapati, appointed in 2006. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramesh Reddy Medapati
DIN 00319639
Managing Director29 May 200620 yrs 5 moSwathi Promoters Pvt Ltd
Krishna Reddy Medapati
DIN 00319690
Director29 May 200620 yrs 5 moSwathi Promoters Pvt Ltd
Suresh Reddy Medapati
DIN 01293967
Director15 Feb 200719 yrs 8 moSwathi Promoters Pvt Ltd
Deepika Medapati
DIN 01293944
Director15 Feb 200719 yrs 8 moSwathi Promoters Pvt Ltd
Vijaya Lakshmi Medapati
DIN 01293869
Director15 Feb 200719 yrs 8 moSwathi Promoters Pvt Ltd
Lakshmi Deepthi Medapati
DIN 07512132
Director16 Dec 20169 yrs 10 moSwathi Promoters Pvt Ltd

Financials of Swathi Promoters

Figures of Swathi Promoters Pvt Ltd, the primary company behind Swathi Promoters, for FY 2024. Revenue was ₹57.39 Cr (-11% year on year). Net profit was ₹2.06 Cr (4% margin). EBITDA was ₹4.85 Cr (8% margin). Revenue has grown at a compounded annual rate of +5% over three years and +2% over five years.

  • ₹57.39 CrRevenue · FY 2024 · -11% YoY
  • ₹2.06 CrNet profit · 4% margin
  • ₹4.85 CrEBITDA · 8% margin
  • ₹9.98 CrPaid-up capital
  • 2Employees (provident fund records)
  • +5%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Swathi Promoters Pvt Ltd are on its company page.

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Detailed financial statements for Swathi Promoters

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Similar companies to Swathi Promoters

Swathi Promoters has 3 listed similar companies in our database, 2 of them funded. They include Shriram Properties, Puravankara and VBHC.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
shriramproperties.com1995Bengaluru, India$641.31M1,620
Residential properties are developed in mid-market and affordable segments.
puravankara.com1975Bengaluru, India940
Residential and commercial properties are developed across various segments.
vbhc.com2009Bengaluru, India$135.12M88
Developer of residential real estate projects
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Detailed similar companies of Swathi Promoters

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Web traffic of Swathi Promoters

The website of Swathi Promoters (swathipromoters.in) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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All 40 similar websites and full traffic analytics for Swathi Promoters

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Top companies in Affordable & Senior Housing

3 companies that operate in the same segment as Swathi Promoters (Affordable & Senior Housing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Loans for affordable housing in tier 2,3 and 4 cities
2010Mumbai, Maharashtra, IndiaUSD 607.85 MUSD 389.13 M4,580
Affordable housing finance solutions are provided to underserved individuals.
2010Gurugram, Haryana, IndiaUSD 236.82 MUSD 158.17 M8,394
Home loans and financial services are provided to customers.
2014Bengaluru, Karnataka, IndiaUSD 38.2 MUSD 21.24 M1,072
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Frequently Asked Questions about Swathi Promoters

Swathi Promoters is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.

Swathi Promoters has 2 employees.

The primary company behind Swathi Promoters, Swathi Promoters Pvt Ltd, reported revenue of β‚Ή57.39 Cr for FY 2024, down 11% year on year.

Swathi Promoters is a real estate enterprise based in Visakhapatnam, Andhra Pradesh, India, specializing in developing and selling affordable residential plots and townships. They emphasize quality, trust, and value-for-money in their projects, aiming to deliver genuine products to customers through direct sales and community-focused initiatives. The company also engages in employment generation and corporate social responsibility activities, serving individual buyers seeking housing options.

Swathi Promoters's top competitors include Puravankara, Shriram Properties and VBHC.

Swathi Promoters offers Neeladhri Township, Nagarjuna Township, Luckie Township-I, Luckie Township-II, and RamaLingeswara Township.

Swathi Promoters operates through Swathi Promoters Pvt Ltd.

The legal entities of Swathi Promoters currently have 6 directors, including Ramesh Reddy Medapati, Krishna Reddy Medapati, Suresh Reddy Medapati and others.

The website of Swathi Promoters receives about 681 thousand visits a month.

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