- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0046350

About Castwel Industries Private Limited
Data last updated:
Castwel Industries Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 19 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74900MH2011PTC217667. Its GSTIN is 27AAECC6402H2ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.48 Cr. It was formerly known as Castwel Industrial Services Private Limited. It is led by directors Padma Mushnoori and Mushnoori Shiv Kumar.
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 C – 18/6 MIDC Hingna Industrial Area, Nagpur, Maharashtra, India – 440028.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.62 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Cr (net margin 5.1%) and EBITDA of ₹7.42 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company has about 305 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.23 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.47 Cr; the latest was in November 2021.
Castwel Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0046350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website castwelindustries.com.
Company details
Name history
Castwel Industries has undergone 2 name changes throughout its history. The company was previously known as Castwel Industrial Services Private Limited, and Castwel Industries Private Limited. The current legal name is Castwel Industries Private Limited.
| Company Name | Status |
|---|---|
| Castwel Industries Private Limited | Current |
| Castwel Industrial Services Private Limited | Previous |
CIN history
Castwel Industries has one previous CIN (Corporate Identification Number): U26990MH2011PTC217667. The current CIN is U74900MH2011PTC217667, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2011PTC217667 | Current |
| U26990MH2011PTC217667 | Previous |
Recognitions & Rankings of Castwel Industries
Contact details
Castwel Industries Private Limited's registered office is in Nagpur, Maharashtra. Its website is castwelindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 18/6 MIDC Hingna Industrial Area, Nagpur, Maharashtra, India – 440028
- IndustryManufacturing, Construction Materials
To see the full contact details of Castwel Industries 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 activities of Castwel Industries are manufacturing, professional, scientific and technical and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, other professional, scientific and technical activities and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Castwel Industries Private Limited, buy the company report.
Financials of Castwel Industries Private Limited
FY 2025 filings availableCastwel Industries Private Limited reported revenue of ₹85.62 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.42 Cr | ||||
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| Net Profit (PAT) | ₹4.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Castwel Industries Private Limited, buy the company report.
Board of directors of Castwel Industries Private Limited
Castwel Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Mushnoori Also directs: Castwel Properties Private Limited | Director | 19 May 2011 | 15 Years 5 Months | Current |
| Mushnoori Shiv Kumar Also directs: Castwel Properties Private Limited | Director | 19 May 2011 | 15 Years 5 Months | Current |
Auditor
Castwel Industries Private Limited is audited by C R SAGDEO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C R SAGDEO & CO | FY 2023 | 108959W |
Shareholding
The shareholding of Castwel Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Castwel Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2021 | 100522683 | State Bank of India | ₹20.23 Cr | Open |
To see the full charge records of Castwel Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Castwel Industries Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.47 Cr; the latest was in November 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹14.47 Cr | Investors: 3 individuals |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Castwel Industries Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Appeal | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Castwel Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Castwel Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Castwel Industries Private Limited has a workforce of 305 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Castwel Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC6402H2ZV | Maharashtra | Active | 11 Mar 2021 |
To see the full GST registrations and return filing status of Castwel Industries Private Limited, buy the company report.
Recent activity
Castwel Industries Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Mushunuri Bala Rao ceased to be Director on 28 Apr 2021.
Frequently asked questions
Castwel Industries is an active private limited company based in Nagpur, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 19 May 2011 (15+ years old) and is registered under CIN U74900MH2011PTC217667.
Castwel Industries has 2 current directors:
- Padma Mushnoori - Director
- Mushnoori Shiv Kumar - Director
The latest financial statements of Castwel Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Castwel Industries is 27AAECC6402H2ZV, registered in Maharashtra. 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 Castwel Industries is U74900MH2011PTC217667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Castwel Industries has 4 court cases on record: 4 filed against it. 1 is pending.
Castwel Industries was incorporated on 19 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Nagpur.
Castwel Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.47 Cr; the latest was in November 2021.
Mushunuri Bala Rao ceased to be Director on 28 Apr 2021. Mushnoori Shiv Kumar was appointed as Director on 19 May 2011. Mushunuri Bala Rao was appointed as Director on 19 May 2011. Castwel Industries has 4 board changes on record in total.
Yes, Castwel Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0046350).